Money Ain’t A Thang

These startups-finding-their-way stories blow my fucking mind. Maybe they shouldn’t but they do. How people can raise tens of millions of dollars without shit to show for it is beyond me (maybe this is why I’ve never started or worked at a startup).

Take Javascript platform, Famo.us:

Famo.us’ 15 minutes of open source fame have come to an end. JavaScript rendering engine Famo.us has pivoted away from its hardcore open sourced engineering platform which had raised over $31 million. It’s now refocused on commercializing the idea of powerful mobile web apps with a content management system for branded marketing apps.

Pivot. A brilliant word Silicon Valley loves to use. Wouldn’t it be nice if we non-entreprenuers could pivot on things in our lives? Like if those pesky rent payments aren’t working out, just pivot on them. The rent-paying world is ripe for disruption. Be innovative and begin paying your rent with a new currency you come up with yourself.

Back to Famo.us:

Famo.us’ ambitions were always lofty and a bit tough to explain. During the company’s debut on stage at TechCrunch Disrupt SF 2012 Startup Battlefield competition, rather than giving a traditional pitch, Famo.us CEO Steve Newcomb spent his whole six minutes asking people to imagine what could be done if apps were 3D instead of 2D and demoing a floating periodic table.

The judges seemed baffled, as you can see below. That’s in part because just days earlier, the team made its first pivot away from what it called BenchRank, a ranking system for people, into an HTML5 development platform. Newcomb and then-intern Mark Lu found they couldn’t build what they wanted with HTML5’s limitations, so they set out to fix them. That led co-founder Dan Lynch and much of the team to depart, leaving Newcomb and Lu to handle Disrupt.

Pick a pivot and go with it, guys.

One more nugget:

I spoke to Newcomb, who confesses that for six months the company struggled to come up with a way to actually earn money. A source close to the company tells me Newcomb pushed the engineer-heavy company into “ideation mode” that made some employees feel like the startup lacked direction. They described engineers as being “fed up.”

Newcomb himself admits it was a “divergent brainstorming process,” saying “We tried everything…we tried everything so we could create a business model around open source. And at the end of the day, we just couldn’t do it.”

Just couldn’t come up with a way to earn money. Classic.

Pure Wisdom from Mossberg

Walt Mossberg:

I think it’s time for Google to start making its own hardware, at least for smartphones, and at least for the Nexus line and for a class of low-priced phones aimed at developing markets.

Yes, I know that Google briefly owned, and then sold, an entire phone manufacturer, Motorola. Yes, I know that Google has dabbled in hardware with products like the Chromecast and the Chromebook Pixel, and had to kill another internal hardware venture, a home media player called the Q.

But it’s perfectly possible for a company with Google’s clout and resources to hire more hardware engineers and designers, create unique devices, and outsource its manufacturing.

Really, Walt? Fucking brilliant. How did you possibly come up with this idea?

So original.

Update: I’m not saying Walt Mossberg got his idea from Tim Bajarin, or anyone else. I’m saying the idea of a software company making it’s own hardware (or vice versa), is not a new or insightful idea. It’s obvious because we see it working so amazingly with Apple.

Hindsight is 20/20.

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Product

PuzzlePhone

PuzzlePhone is a new project on Indiegogo. It’s a phone with modular parts. It runs Android. And they claim it lasts up the 10 years? No way. Apple just introduced 3-D Touch on the iPhone 6S. There’s no telling where Android is going to be in 10 years (or the smartphone market).

James Vincent at the Verge also notes their flexible funding structure:

Flexible funding can be something of a warning sign on Indiegogo as it means that the campaign organizers will keep the money they raise no matter what happens. Obviously this doesn’t mean that all flexibly funded campaigns are scams, but it’s not always a good look. Puzzlephone says it was “forced” to go with flexible funding as Indiegogo only allows payment via PayPal for fixed funding campaigns. The company notes that it has also already raised funding for R&D, so the Indiegogo money is only for manufacture, shipping, and the product itself.

There’s no way I would give them my money to be a guinea pig. Their goals of being ‘upgradable and sustainable” are admirable (if they’re genuine) but they’re not realistic.

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Product, Technology

Everything Old Is New Again

Amazon is selling those olde tymey books:

Amazon got its start as an online bookseller, and now — over 20 years later — it’s decided to sell books the old-fashioned way. On Tuesday, Amazon will open a store in Seattle called Amazon Books. Not only is it one of Amazon’s first physical locations, but it’s also Amazon’s first physical bookstore. Amazon says that it won’t entirely be doing things like a traditional store, however; it’ll be relying on Amazon.com data — including customer ratings, sales totals, and Goodread’s popularity — to decide which books to stock. Curators will have some say, too.

Well how about that.

Amazon dries up retail competition with their portfolio of features, making shopping easy as pie, and now they jump into selling physical books.

Makes me wonder what Bezos has in store for his Washington Post.

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Business

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The Apple Way is Now Microsoft’s Way

Tim Bajarin on Microsoft admitting with their actions Apple’s way is the best way:

But if you look at Microsoft’s new strategy, one can’t help but see this is an acknowledgment Apple’s business model of owning the hardware, software and services is ultimately the best one that assures Microsoft’s control of their destiny. At the moment, it looks like Microsoft will only have three serious PC partners — HP, Dell, and Lenovo — doing any volume. Some are asking how long even these vendors will continue to support PCs given shrinking margins.

Yep. I said as much a few weeks ago.

On that last point regarding partners, I’ve said this before but I think Microsoft needs to proactively drop it’s partners and go full in on the Apple way.

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Technology

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Does Microsoft Create Objects of Desire?

Peter Bright at Ars Technica on the new flagship Microsoft Store on Fifth Avenue:

There are still weaknesses of the Microsoft store compared to the Apple store; Apple’s stores are much stronger from a support and maintenance perspective, and this gives both Apple’s hardware and stores a kind of desirability that the PC world can’t currently match. Pointedly, Microsoft also lacks anything with the appeal of the iPhone. Overall, however, Microsoft is slowly developing a retail presence that makes sense, and it will attract new and more customers. The Microsoft stores are still first and foremost marketing exercises, but we don’t think it’s too long before customers will consistently outnumber the staff, putting the stores on the road to retail success.

Apple creates objects of desire.

It’s yet to be seen if people think Microsoft creates objects of desire too.

Because at the end of the day, it’s people who’ll be voting with their wallets.

Manipulating Photons

Light-based computers are on the horizon:

“The phase speed is infinite—much larger, infinitely larger than the speed of light,” Mazur tells Quartz.

This doesn’t mean light itself is traveling faster than the speed of light, which would violate the laws of relativity. “Phase velocity” refers to the speed of the crest of waves that ripple out when light strikes a material. The Harvard scientists created a material that allows these wave crests to move infinitely fast. This is a strange thought to wrap your head around, and means the crests of the waves are oscillating through time, but not space. Under these peculiar conditions, the Harvard scientists found that it’s easy to manipulate the photons, squeezing them down to the microscopic scale and turning them around. In other words, we can treat photons in the same way we currently manipulate electrons.

And:

Light-powered telecommunications would allow phones and computers to process information millions of times faster. And because light conserves energy far better than electrons (which tend to waste energy by creating heat), battery lives would be far longer.

So cool.

via Rands in Repose

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Science, Technology

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