Shai Agassi

I’d like to say that Thomas Friedman said it best when he said,

“What would happen if you cross-bred Henry Ford and Yitzhak Rabin? You’d get Shai Agassi.”

I think I can improve.

Shai Agassi is a hero.

Bottom line. (Read Thomas’s book, The World is Flat, and you might think he is one as well)

The plain reality is that our civilization is experiencing harsh consequences directly resulting from our own innovations. The most highly debated and discusses innovation being automobiles and oil.

But, when you look at how oil has effected the socioeconomics of almost every culture worldwide, you would immediately understand how it is going to take a lot more then alternative energy to fix the oil problem. Because within the oil problem, there exist an entire set of other connected issue, from technology, to economy, and even religion. Being able to solve a problem, that addresses all connected problems, is extremely difficult. Doing this on an international scale is much harder, and executing the solution is near impossible.

Shai Agassi is on a mission to create

“global energy independence and freedom from oil”

Say that out loud. Think of all the many countless factors at play. He is trying to account for them all, and deliver a solution that could fix the ills brought upon by the industrial revolution.

Most importantly, he is committed, and determined to address, perhaps the hardest issue of our time. And for that he is a hero.

Shai Agassi Read More »

America’s Management Team

When the media covers a presidency, they constantly refer to the phrase “The (insert president’s name here) administration”. A phrase that is reflective of a group of people that form consensus, make decisions, and ultimately run our country. They are America’s Management Team.

When American citizens choose their next President and Vice President, why are they only presented with two teams, of two individuals (although, in reality there are actually more options)? As the world continues down this road of globalization, there are many more factors that come in to play. How can two individuals posses the mental capacity and expertise to address all of the different domestic and global challenges? The short answer is, they cannot, thus appointing others to their cabinet and creating new appointments as needed.

Why can’t the presidential candidate declare the following appointments (or at least a select few..one or two even) pre-election day?

  1. Vice President
  2. Secretary of Agriculture
  3. Secretary of Commerce
  4. Secretary of Defense
  5. Secretary of Education
  6. Secretary of Energy
  7. Secretary of Health and Human Services
  8. Secretary of Homeland Security
  9. Secretary of Housing and Urban Development
  10. Secretary of Interior
  11. Secretary of Labor
  12. Secretary of State
  13. Secretary of Transportation
  14. Secretary of Treasury
  15. Secretary of Veterans Affairs
  16. Attorney General

Granted, disclosing all of the appointments may be a bit much. And maybe their can be a different approach that presents more options or more insight. Even so, in today’s world I would be thoroughly interested to see who would take up the following positions pre-election:

  • Secretary of Commerce
  • Secretary of Defense
  • Secretary of Education
  • Secretary of Energy



After all, aren’t we voting on the people who will run our country for the next four years? America’s Management Team?

Just a thought.

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Linking Up the Living Room With The Internet

Intel’s announcement with Yahoo to bring widgets to the living room is not a real shocker.

I have seen this image 2 years ago, while I was in Las Vegas at the Consumer Electronics Show. (The widgets appeared on a 42″ LCD, hanging behind a 1 way reflective piece of glass. This was hanging in the bathroom, allowing people to check stocks and weather while brushing their teeth. It was also a prototype by Yahoo).

The idea is simple: make the Internet available in and on more mediums.

Television is clearly the most logical place to start.

But does it require hardware modifications on a television? Couldn’t the same be accomplished with a console or set box top provider like Microsoft or Scientific Atlanta?

Either way, its nice to see that companies are taking real strides to get Internet in the living room. Or is it?

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A New Age of Online Media – The Build Up

“Here’s what’s important. We’ve allowed the way transitions look from the outside to drive our perception of what they must feel like to those going through them on the inside. From the outside, they look dramatic, almost revolutionary breakthroughs. But from the inside, they feel completely different, more like an organic development process.“-Jim Collins, Good to Great

Lotame Grabs $13 Million in Funding for New Advertising Idea

August 19, 2008 — 05:31 AM PDT — by Don Reisinger — — 13 Comments

Online advertising is the key to the future for companies that want to be successful, but a small firm called Lotame has just raised $13 million in Series B funding to take aim at advertisers and provide a unique way of getting in front of the target audience….(continue reading @ mashable.com) or at:


“Clearly, the good-to-great companies did get incredible commitment and alignment – they artfully managed change – but they never really spent much time thinking about it. It was utterly transparent to them. We learned that under the right conditions, the problems of commitment, alignment, motivation, and change just melt away. They largely take care of themselves.”-Jim Collins, Good to Great

*And if I couldn’t make it any more obvious, anyone in business or plans on entering the business world, should most certainly go out and buy Jim Collin’s book, Good to Great

A New Age of Online Media – The Build Up Read More »

Are You In College And Thinking About Your Career?

Fred Wilson recently wrote a post about one of his portfolio companies and its search for interns in the NYC area.

In the Post…

Greg Yardley, founder/CEO of our portfolio company Pinch Media tells the following story about graduating from college and facing the career question:

When I finished school, I had a MA in Russian history and absolutely no idea what to do with myself – I started working as a customer support rep at an Internet startup because they were the first ones to offer me a job.  (If the startup was a week later with the job offer, I’d probably be a 911 emergency operator today.  Sometimes life can lead you to unexpected places.)  I was surprised to stumble across a field that I loved – soon I became a product manager, and now I’m the co-founder of a company. You never know – maybe there’s a career here for you that you’ve never considered.

Greg’s words could not be more appropriate to the current state of my career/life. Having recently graduated from college, I was faced with a choice:

  1. Enter the working world (with a conservative approach) – Get a job with will respected, high profiled employer. Good resume builder.
  2. Enter the working world (with a less conservative approach) – Join a startup, work on my own startup or company.
  3. Go back for more school – Law School, Masters, 5th, 6th year, etc.
  4. Travel and relax for a year or so

My original intent was to go back to school, however a unique opportunity presented itself, and now I am in the working world taking a less conservative approach then most of my peers.

As Greg said, “Sometimes life can lead you to unexpected places.  I was surprised to stumble across a field that I loved.”

This could not be more true.

Are You In College And Thinking About Your Career? Which decision would you make and why?

Are You In College And Thinking About Your Career? Read More »

New Perspective

My mouth has been wired shut for 3 weeks now due to genetics and orthognathic surgery. As a result, I have not been able to speak, effectively engage in verbal conversation, or eat any food. Within this 3 week period, I have also lost a close friend adding significant layers or pain, discomfort, and tension to an already difficult time.

But through this extremely unpleasant experience, I can undoubtedly say that I have gained some new perspective on many things. I’m sure I’ll be better for it in the end.

What does it take to gain a new appreciation, a new outlook, or a new understanding?

* My friend Ceci is traveling abroad, alone, for one year. I’m sure she will be better for it in the end as well.

“I heard people speaking everything from English, to French, to Arabic to Spanish to African dialects, and I had never felt like I had stuck out as so different in my entire life. I suppose this is why I’m here; to occupy my observational post as an outsider…”

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New Ideas – Y Combinator

Startup Ideas We’d Like to Fund
Paul Graham
July 2008

When we read Y Combinator applications there are always ideas we’re hoping to see. In the past we’ve never said publicly what they are. If we say we’re looking for x, we’ll get applications proposing x, certainly. But then it actually becomes harder to judge them: is this group proposing x because they were already thinking about it, or because they know that’s what we want to hear?

We don’t like to sit on these ideas, though, because we really want people to work on them. So we’re trying something new: we’re going to list some of the ideas we’ve been waiting to see, but only describe them in general terms. It may be that recipes for ideas are the most useful form anyway, because imaginative people will take them in directions we didn’t anticipate.

Please don’t feel that if you want to apply to Y Combinator, you have to work on one of these types of ideas. If we’ve learned nothing else from doing YC, it’s how little we know. Many of the best startups we’ve funded, like Loopt, proposed things we’d never considered.

 

GREAT LIST. GREAT IDEAS.

http://ycombinator.com/ideas.html

New Ideas – Y Combinator Read More »

If only Facebook created their own Microsoft Exchange

How great would that be? For those of you that are not familiar with Microsoft Exchange, the idea is this: Being able to sync your phone with Facebook. Everyone in your Facebook social graph becomes a contact in your phone.

Some things you could do with such a solution:

  • Anytime your friend buys a new phone or changes their number, they simply make the edits themselves in their Facebook account, and the number becomes available in your phone.
  • If you add a new friend on Facebook, you can choose to include them in your “Mobile Sync” setting allowing you to choose, whether or not you’d like this new “Facebook Friend” as a contact in your phone.
  • Text messages becomes Facebook messages.
  • Your Facebook newsfeed becomes a newsfeed on your phone.

I’m probably going to buy the new iPhone when it comes out. In the past, I’ve stuck with Windows Mobile devices because it allowed me to sync my contacts, email, calender, and tasks with my Microsoft Exchange Server (I run MS SBS out of my house). But instead of updating all of my contact information time and again in outlook, I’d prefer a system that utilizes self published user information; aka: Facebook.

As Apple and Google have been addressing the mobile market in new and innovative ways with the iPhone and Android, it seems to me that Facebook is in the best position to capitalize off of the “network” business.

ON A SIDE NOTE: I’ve also been looking for a tool that seemlessly syncs outlook Contacts and calender with my Facebook account, but I haven’t found one yet. This would be ideal.

I hope Facebook comes out with either of these solutions.

If only Facebook created their own Microsoft Exchange Read More »

Organizing the world’s heath

Of all the doctor’s offices I’ve ever been in, I can undoubtedly say they all have one thing in common: The overwhelming amounts of patient files and folders. Next time you go see the doctor, take a look behind the front desk. You will most likely find the sea of colored tabbed, manila folders, each one corresponding to a different patient.

Think about this for a second. Each medical office or facility has huge amounts of patient data that exist in isolated silos. If I were to visit two different general physicians, I would get two different examinations, with two different diagnoses, two different perspectives, and two different data sets on my health. Although they may be very similar, they will most certainly be different to some degree.

With the advent of the internet, the social web, search optimization, and relational databases, it has become increasingly easier to share and access information.

Why can’t we apply the same methods to our own heath? Imagine if every doctor’s office shared one database, offering more insight to a patients health. Granted privacy is an issue and a big concern. But what if those patients lived in the database as ID’s rather then name? The patient would be completely anonymous, and doctor can gain new perspective to a patient’s health they may not have previously had.

Now imagine the database existed in an open source, atlassian-like structure. If the doctor was trying to diagnose a patient based on a list of symptoms, they could hypothetically type in some keywords into the database, and have real time, real world patients at their finger tips (with no personally identifiable information). It would be like a real time, global medical journal. Doctors would have to qualify in order to participate in the database.

Ultimately, the patient wins as their health becomes an open source project for all of the doctors that participate, without their indentity ever being known.

Organizing the world’s heath Read More »

Online Monetization: Beyond Advertising and into Microstransactions

Let me start by saying this: I firmly believe online advertising is and will continue to play an essential role in the economic ecosystem of the internet (so much so, that I am working at Lotame). With that said, is online advertising the only answer?

Arguably No.

Microtransactions: According to learnthat.com

Microtransactions Definition

Microtransactions are small transactions, perhaps of the order of a cent. They are being considered for digital content on the web (a magazine selling an article (unbundled) rather than an entire issue (bundled with additional information that may not be of interest to the consumer). This may then open up additional revenue streams for the content providers.

As new web services, application, or any website for that matter becomes available, the priority typically lies with the user base and generating lots of eyeballs. Once that user base has reached significant mass, the service can leverage the base and monetize.

So if a company like twitter were to offer subscription based premium services, they could, in theory, generate revenue from their loyal users. But what happens if they applied a micro transaction type revenue model? What if they generate revenues based on individual actions (using a feature of the service), or premium actions (using a premium feature of the service), and charge users a fraction of a penny for the action. Granted there would have to be a standardized pay-pal like model behind this type of system, but the amount of volume or interactions that exist online, could yield significant revenue. Make sense?

There are definitley issues surrounding this idea (haven’t though them all through), but the premise is there.

Online Monetization: Beyond Advertising and into Microstransactions Read More »

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