May 2012
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“The more devices people own, the more likely they are to go online while...”
– Data Points: Multiscreen Mania | Adweek
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So you think couples are a bad investment? →
Om Malik: “Today when I heard about Salesforce buying Buddy Media for $800 million, I tweeted that perhaps that would be the end of venture capitalists saying that it isn’t prudent to fund married couples. I say why not? I mean, just look at this list. Do you really need more testimonials?”
Len Bosack and Sandy Lerner, co-founders of Cisco Systems
Diane Greene and Mendel Rosenblum,...
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“If you’re offered a seat on a rocket ship, don’t ask what seat. Just get on.”
– Sheryl Sandberg’s Inspiring Speech At Harvard Business School
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Messing With Fate - Andrew Keen →
In Silicon Valley, however, failure has a way of previewing the future. Just as social networks like Friendster gave way to Facebook, so will these early social-discovery apps mature into something more user-friendly. What, though, will the eventual success of such technology mean? Will it… “amplify our humanness” by compounding the coincidences in our lives?
…Do we really want the...
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“In 1950, four million people in this country lived alone. These days, there are...”
– Why Are So Many Americans Single? The New Yorker
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“At the turn of the twentieth century, life expectancy for Americans was just...”
– Radical Life Extension Is Already Here, But We’re Doing it Wrong
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“72 hours of video are uploaded to YouTube every minute.”
– 10 interesting digital stats we’ve seen this week
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Matt Mullenweg: I’m Worried That Silicon Valley... →
WordPress founder Matt Mullenweg confessed to feeling conflicted about one of the blogging service’s upcoming features: Notifications.
Mullenweg said he’s concerned that Silicon Valley is creating products that are so engaging that they’re also incredibly distracting, to the detriment of creativity and productivity.
He fretted that some of these socially disruptive technologies might be...
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“It’s worth contemplating one of the primary factors that drove...”
– How Facebook Saved Us from Suburbia
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“On how important social media has become, Karp shared that the bulk of traffic...”
– Most of Tumblr’s Traffic Doesn’t Come From Google (via thenextweb)
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“What information consumes is rather obvious. It consumes the attention of its...”
– Nobel Prize winner Herbert Simon, 1970 | You Are Not A Computer
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“This is what bubbles do to us. Even if you’re not going to hit the jackpot, all...”
– Dave Winer on the Bubble (via Om Malik)
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Are Facebook Credits the key to the social... →
Last year, Facebook’s non-advertising revenue — the bulk of which comes from virtual payments using Credits (an estimated 12% of which came from game developer Zynga) — was $557 million, or about 15% of the total, according to the company’s S-1 securities filing. That was more than four times what the company pulled in from payments in 2010. And since that figure represents Facebook’s 30% take...
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“If you’re using anything more than binary code to interact with your pc,...”
– From the comments | Computer Programming for All: A New Standard of Literacy
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“Pivot: A nifty code word that allows startups to clothe failure in the garb of...”
– How to Understand Silicon Valley Speak
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“Everybody should learn to code, he says, because machine/human and...”
– Computer Programming for All: A New Standard of Literacy
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“Google says that its search engine now contains 500 million objects and knows...”
– ‘Information’ To ‘Knowledge Agent’: Google Changes The Way It Does Search
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Facebook’s business model →
Facebook makes about 1/10th of Google’s revenues even though they have 2x the pageviews. Some estimates put Google’s search revenues per pageviews at 100-200x Facebook’s.
…The bad news is that, if there is one consistent theme in both online and offline advertising, it’s that ads work dramatically better when consumers have purchasing intent. Google makes the vast majority of their...
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“It would be really interesting if Facebook launched a credit card. In fact, it...”
– The Only Way Facebook Can Justify Its Valuation
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“What worries him most is that we humans haven’t yet evolved to be as wary...”
– Algorithms: The Ever-Growing, All-Knowing Way Of The Future | NPR
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“If the Industrial Revolution was about extending the power of human muscle with...”
– Algorithms: The Ever-Growing, All-Knowing Way Of The Future | NPR
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“You know that art has changed when a new aesthetic movement announces itself not...”
– The New Aesthetic Needs to Get Weirder - Ian Bogost
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“Disruption is giving the world something it didn’t know it was missing.”
– Daniel Pink, author of Drive | Wired.com
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“In many ways, Facebook’s story is the most modern example of the American dream...”
– Just In Time For A Facebook IPO Tax Break, Eduardo Saverin Renounces U.S. Citizenship
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“Information overload is not the problem; you want all the information....”
– Clay Shirky | Yammer, NationalField, And The Future Of How We Collaborate At Work
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“I didn’t start [Instagram] to be a photo app. It was about communicating...”
– Kevin Systrom | TIME.com
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So what exactly is a tech company? →
It’s now accepted-going-on-cliché to say things like ‘software is eating the world’, which is an aggressive way of assuming that every company now has to be at least a bit of a technology company, and those that want to grow rapidly even more so. Many new companies targeting industries as diverse as eyeglasses and baby food are, at the outset, leveraging technology for everything they do: supply...
