A former Telsa employee who worked with Elon share inside information on Elon and how he will turn Twitter around
83 karma · joined February 11, 2009
http://www.forbes.com/sites/siliconangle/2012/11/20/hp-swind...
@furrier
john (founder of the site)
-john furrier palo alto
cheers John F @siliconangle
What impressed me about Mike and FB's approach is that they are thinking holistically about system software ontop of open source.
The other trend that is highlighted is the inter disciple required now for these type of engineering environments.
Other parts coming soon FB Engineering vision Haystack project Hiring integreted engineering disciplines FB as an OS Open source role within FB How to get more out of Memcache and MySql His vision of cloud computing How involved is Mark Zuckerberg in engineering FB buying spree how do you integrate companies Lessons shared from his work at Mozilla and FB
When Vik and I were talking about this we were struck by the large amount of duplicates in the system.
What does this mean?
Here is my ANGLE: It's possible that Twitter is mostly echo chamber (NOISE) or it's lacking circulation of quality content
I think BOTH.
In general most investors understand advisory boards are more of show but to me they demonstrate the kind of "company the startup intends to keep".
Ultimately advisory boards are endorsements - plain and simple.
Totally agree with Mark in the post that active advisory boards will require more discipline by the startup teams and equity compensation for advisors.
We will all be renting computing and storage in the short future.
A new solution is need and that innovation will come from startups and tech developers. IMHO
We are living in a new counter culture
Validation: With microblogging (or other forms with video and audio) and > 3G mobile new data forms will create massive new opportunities that will disrupt - search, UI, enterprise computing - this is the real time web
The Real Time Web is only value if it solves Real Time Needs
I'm very bullish on the real time but not the way most startups are approaching it. Most are missing the boat big time. Great opportunity for developers and entrepreneurs.
It was fun to watch the video on youtube that is in the comments - that was funny as s$it
to me the biggest issue driving this counterculture that I'm seeing is "trust" of the capital markets. Especially since most of the productive actors in this marketplace have lived in a successful open source movement culture for 25 years. The capital markets (VCs) are at odds with this culture.
There are many other points in the post that I would be happy to discuss if there is interest.
There are only two ways to get money for a startup: 1) top line revenue from a product or service or 2) sell equity or do a debt note. That's it.
I've estimated that the required amount for a "real" seed round in today's open source environment for tech ventures is about 200-300k. That is unless you are young and can do the coding yourself. However technology isn't the driver any more for startups. The scarce talent is business model engineering and product marketing - building for scale isn't the problem anymore. I can build a hack protytype that works well into the "validation" stage to establish a funding event or customer revenue stream then use the new capital to rebuild, hire and grow.
My other point is that many entrepreneurs need more than 25k to build their prototype yet fail to do it do to the clutter in the funding market hence two guys building in a garage for a customer project might not get funded in today's climate.
To me if an entrepreneur can create a product get it to market and get profitable they are a success and possibly could be a big "home run". If the investment thesis is to get the home run then it most likely will overlook two guys in a garage.