Reflections & analysis about innovation, technology, startups, investing, healthcare, and more .... with a focus on Minnesota, Land of 10,000 Lakes. Blogging continuously since 2005.

Tag: Guy Kawasaki (Page 1 of 2)

Alltop Coverage Misses the Point

Guy Kawasaki’s latest startup, Alltop, launched officially yesterday, and — not unsurprisingly — got a lot of play on the strength of Guy’s (insane) popularity. AlltoplogotagBut a dirty little question still needs to be asked. More on that later…. 


[Photo of Guy taken by me at last year’s National Pond Hockey Championships in Minneapolis.]

Guykawasakihockey
All the usual suspects covered the Alltop launch, right on cue: Arrington peed all over it at TechCrunch, while Mashable gave it a breathless blurb and did a video interview of Guy from SXSW, and my friend Richard MacManus at ReadWriteWeb gave it a very fair and complete analysis.  Another person I respect, Chris Shipley, executive producer of DEMO, even weighed in favorably at her Guidewire blog. They all, in varying degrees, got the point that this news & blog aggregation site is aimed at the non-RSS literate web population, which is huge. 

However, it seems TechCrunch and its commenters, as geeky and early adopter as they are, don’t seem to want to recognize that anyone could possibly ever need such a site. It’s obvious they don’t grasp how large the non-RSS population is. They use RSS readers all day long and therefore the whole world must?  Chris Shipley, on the other hand, certainly does get the point about the market Alltop is aiming for with this new site. (And she has something to say to TechCrunch in a later post on her blog.)

I agree with Chris. Alltop is undoubtedly a useful site for mainstream web users, those who do not use RSS readers and are not likely to ever do so because the technology is just too darn geeky. Might some of them adopt reader "start pages" like iGoogle, NetVibes, and PageFlakes?  Sure, those are pretty simple, and many mainstream web users could set up their own customized news readers (have already) — but they do in fact have go to that trouble. I think it’s a sure bet that the majority of mainstream web users won’t.  And, for this large population, an aggregator of many sites — a destination site with a single-page view of a whole lot of stuff, from a trusted source, with a very clean, simple UI — definitely has value.

I find it useful myself, and will recommend it. I especially like the "bird’s-eye view" of an entire category on a single page (and there are an impressive 40 categories), and the way you can hover over any headline to see the first part of the story is a real convenience and timesaver.  Is it rocket-science web technology?  No, but mainstream users don’t care about that, either. They just want something that’s fast, easy, and useful… for them.

So, what’s the big question that still needs to be asked about Alltop, which none of the coverage I’ve seen so far gets to?  It’s this: how does Kawasaki intend to make money with the site?  After all, he’s a startup expert, and a VC in his own right as a founder of Garage Technology Ventures. Or is this not a business, just an experiment of some sort?  Does Alltop even have a business plan yet, a business model?  One assumes that this is more than a hobby with Kawasaki — proving he can launch consumer Web 2.0 sites with little money. His previous attempt, some months ago, was Truemors (still going and growing) — a site he later boasted cost him less than $13,000 to develop and launch. But the same question could be applied to that site as well: so what?  He’s now proved that popular authors/pundits/speakers can launch web sites that can get some attention. So, the point then is…?

[By the way, for those of my readers in the Upper Midwest, in case you don’t know: Kawasaki’s developers for both sites are the folks at Electric Pulp in Sioux Falls, SD, one of the perennial sponsors of our great local BarCamp events here in Minnesota, Minnebar and Minnedemo. Hey, Pulpers, way to go! We all now know you aren’t getting paid much 🙂 …but we assume you’re having fun?]

DEMOfall 07: Day 2 – mSpoke…Finally, Feedreader Relief

Didn’t you just know that somebody was going to address the information overload in your RSS feedreader? How often do you even add a new subscription anymore, for fear of not even having time to read what you already have? Mspokelogo
Not to worry — the guys from mSpoke just introduced Feedhub, a personalized, customizable RSS feed that automatically selects the most relevant posts from the set of feeds you select.  I just registered and uploaded my OPML file (easy to do in Google Reader, in my case), and — voila — I have a personalized feed!  I can’t believe how easy it was….

Mspokeonstage_4

"We make your feedreader smarter," crowed CEO Dave Mawhinney from stage Wednesday afternoon. "We let you stay informed without being overwhelmed."

How does it work?  The company uses its mPower Adaptive Personalization Engine, which dynamically adapts to your reading habits.

"Are you ready to declare RSS bankruptcy?" asked Sean Ammirati, mSpoke’s VP biz dev from stage. "You can take advantage of Feedhub no matter what popular RSS reader you use — Google Reader, Bloglines, NetNewsWire, etc."  And he added: "Are you ever reluctant to subscribe to a new feed because of information overload? If so, this is perfect, because it will give you only the posts from that source that are relevant to you."

Here’s a screen shot of the Feedhub home page (where I simply clicked
to register), followed by a screen shot showing how I selected the
amount of content I wanted (after I uploaded my OPML file), and, finally, a screen showing what my Google home page now looks
like with my Feedhub Personalized Feed just where I want it (upper
left).

Feedhubscreen_3

 


Feedhubscreen2_4

 

UPDATE 10/5: Here’s a great explanation of Feedhub that Guy Kawasaki posted yesterday…"Reality Check: FeedHub."

Mygooglehome_4

Split Rock Coughs Up Big Bucks for Local Firm (Do Tell)

But don’t get too excited — it’s just another late-stage deal. Why are we not surprised? Gearworks, as reported by the Pioneer Press, just closed on yet another $21 million in VC, of which our local Split Rock Partners contributed $7.5 million. Pilesofcash The partner on the deal is, of course, Michael Gorman. Yes, that’s a lot of money in a single round for a MN tech firm. And it now means that Gearworks has raised — are you ready? — a total of $59 million since its founding back in 1999. Of course, they blew threw a lot of that cash in a model since adandoned, but they seem to be onto a real market now for location-based services. Gearworkslogo It must be a good market, because for this much money to be invested, and now the conservative late-stage guys coming in, there has to be a big payback seen just over the horizon. [IPO?] Well, less so of a payback for the late-stage money, I guess…

But all this big-bucks stuff has little meaning to people in the early-stage investment world, where I know most of us live. For a strange juxtaposition to the above news, check out this video of the latest panel that Guy Kawasaki moderated. It’s amazing how companies today can get launched with so little capital — at least when the Internet is central to what they do. Many of ’em all but thumb their noses at VCs — I hear it all the time. One guy I heard it from recently was Gabe Rivera, founder of Techmeme, chatting with him last month at CES/Bloghaus. What some of these guys are able to do, with such minimal startup funding, is amazing. More power to ’em!

Guy Kawasaki Wows Big U of MN Crowd

The Minnesota startup community turned out in big numbers on Friday, January 19 to hear Guy Kawasaki deliver his “Art of the Start” presentation. The main room at the McNamara Alumni Center was packed, with some 500-600 people, I’d guess, and a simulcast of the talk had to be set up across the river at the Carlson School for an overflow crowd. I managed to arrive a bit before 11:30 for the meetup I’d called a few days earlier, talked to a few folks (all kinds of people had arrived early), including some of my VC friends and bloggers, then was surprised to learn I was being invited into a special VIP lunch in advance of the talk in an adjoining room. Guylunchtalk Never one to pass up a free lunch, and a chance to talk more informally with Guy, my all-time favorite evangelist and speaker, I seized the moment. And I’m glad I did. Got to chat with Guy, then he gave a real interesting, informal talk and took questions, which was fun. (A photo I include here shows Guy with Gary Smaby, left, and Dan Mallin, sharing some laughs after his lunch talk.)

Guy talked about his love for hockey, and how he actually finds time to play five times a week(!) at his local rink in Silicon Valley. “Maybe I’m a Minnesota guy stuck in a Hawaiian body?” he mused. He also told us about his team, The Capitalist Pigs, which he brought along to compete in the U.S. Pond Hockey Championships at Lake Nokomis, where they’d played their first game at 8:30 that morning. Guy also told us his wife, whom he met at Apple, was originally from Minnesota. (Regarding the hockey tournament, two of the people instrumental in sponsoring Guy’s talk, Dan Mallin and Scott Littman, were also actively involved in that. More on the hockey event later.) Lunchguyk

Since Guy is now a VC, he spoke about his firm Garage Technology Ventures, and explained that he and his partners all have a background in software and IT, so tend to invest primarily in that area, although they have also invested in an e-commerce company and even a “clean-tech” energy firm. The latter is in solar energy and is actually doing the best of any of his portfolio firms right now.

So, What Is It That Silicon Valley Has?
Guy said at lunch that one of the questions he’s asked most often in his travels as he speaks around the country is this: “How do we become like Silicon Valley?” He gave some interesting insights on this topic. First of all, it was really an accident that it happened the way it did, and other locales would have a hard time trying to replicate it. It’s a state of mind, he said, not just a place. The one factor that really makes a difference, Guy said he has learned, is “the quality of the Department of Engineering” at the local university, alluding to the role Stanford University has played in the Silicon Valley phenomenon. “Google was just two engineers with an idea to improve search. Cisco was an engineer who wanted to do routing.” He noted that it’s not so much the business school. “Those people go off to work for the investment banks and big consulting firms. It’s the engineering school you need to focus on.” To me, however, the most insightful comment he had on what makes Silicon Valley different was this: “Investors there have a willingness to lose. They’re not humiliated by losing.” He also pointed out that students and entrepreneurs there come from all over the world. “Nobody cares who your father was, like at the big East Coast schools.” These first-generation entrepeneurs are the ones to watch, he said. “Like the ones whose whole family has been working at the 7-11.” But he also pointed out that a lot of the Silicon Valley allure, and the success of startups there, has to do with luck.

A really fun thing about the lunch is that I got to meet some new Twin Cities-area VIPs and see others I hadn’t seen in years. For example, got to sit next to a guy I’d met early in my career in advertising: Fred Senn, the legendary behind-the-scenes guy at the Fallon Agency, who recently coauthored a great new book called Juicing the Orange. I highly recommend it; Fred described how he and Pat wrote it in a style “as if we were talking to you at a cocktail party.” Also chatted with Lisa Bormaster, publisher of The Business Journal of the Twin Cities, whom I’d emailed with but never met. And I met Doug Johnson of the U of M’s business development office, now called the Office for Technology Commercialization, which really played a big role in pulling off this whole event. Kudos to him and his associate director, Jessica Zeaske, and to all the sponsors. I say it was an off-the-charts success! And I know Guy was very impressed with the size of the crowd. I also know, after hearing more from him a couple days later, that he will be back….

Our Meetup of Local Developers and Bloggers
A lot of my friends turned out to chat beforehand (and after), as I’d encouraged them to in a blog post a week or two prior. After saying hello to Tom Kieffer, Gary Smaby, Jeff Hinck, and Jeff Tollefson, I ran into lots of the great MinneDemo folks — first Dan Grigsby, then I saw Kim Garretson, Tim Elliott, Asim Baig, Luke Francl, Ben Moore, Bruno Bornsztein, Garrick Van Buren, Rob Metcalf, Jeff Pester, and even an old friend from my BestBuy.com days, Jennifer Kemp. [And I may be forgetting a few — sorry. But it was a busy place!] Another contact from days past, Matt Geiser, is now with a software startup called SuperBuild. All told, it was a fun, if brief, get-together. But everyone seemed really stoked by Guy’s talk — which I knew they would be! (The shot I show here is of Bruno Bornsztein and Luke Francl before the event.) Brunoluke

The ‘Art of the Start’ Talk
Guy’s one-hour speech was fantastic, following his tried-and true “top-ten points with a bonus” technique. Rather than me trying to cover all the great insights, I say just get the book! A few of the keys he presented “for starting up anything” are worth mentioning, however. Point number one, of course, is to “Make Meaning” — not money, meaning. Then the money will take care of itself. And we all loved how he went after mission statements in his next point: “Make Mantra.” That means being able to reduce what you do, the difference you make, down to about three or four words, not twenty or thirty. The Dilbert Mission Statement Generator can do the latter (in corporate speak)! You have to deal with the much more important job of coming up with a mantra. Guy’s third point was especially important, I think, to Minnesota entrepreneurs: “Get Going.” What he said here was that you have to “stop looking for a perfect world.” He also said you have to learn to think differently, and that it’s actually good if you “polarize people…all great products and services do.” (The Mac being one prime example from Guy’s past.) And “find a few soul-mates.” A few is good, he said — because “you must balance off each other, and learn how to prop each other up when you need to.” What I really found fascinating about the admonition to “Get Going” was that it was a great follow-on to Dan Mallin’s announcement of a new initiative in his brief talk before introducing Guy. Getgomnlogo It’s called GetGoMN.com. Click that link now and sign up now to get notified when it launches! (soon) I personally am very excited about this initiative…

And Then It Was Off to Hockey
After some good conversation in the networking that followed the event, the next thing on my agenda was to drive over to Lake Nokomis and shoot some pix of Guy playing hockey! He had mentioned previously at lunch that I could shoot some with his camera, too. So, off I went, only to discover I’d run out of battery! By the time I made a stop to correct that, I arrived too late to catch Guy’s 3:30 game. But I manged to get to his next one, at 9:30 Saturday morning, and took a bunch of shots at that one — starting with the shot you see here. Guyatrink I uploaded several more shots to this Flickr set. And I got to shoot with Guy’s great Nikon camera, too — the coolest digital cam I’ve ever held! Two cameras hangin’ around my neck, and my fingers freezin’! (The wind chill was below zero.) I told him I just pointed and shot as fast as I could — hail mary, baby! Hey, shooting hockey action is not easy! I have a whole new respect for those sports photographers. But, like a monkey at a keyboard, sooner or later, I figured if I just kept shooting, something lucky might happen…. 🙂 Anyway, Guy told me later he liked the photos (or at least tried to make me feel good by saying that!), so maybe we’ll see some of the ones I shot with his camera show up on his blog.

I know Guy had a great time here (and he did get a chance to take in both a Gopher and Wild hockey game with his teammates over the weekend). His appearance was a really great thing for our startup community, and I know the energy of the whole experience will carry on for a long, long time. Thanks, Guy, from all of us here in Minnesota! (Update: he just said in an email, “It was an honor and a pleasure!”)

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MEETUP! Before Guy Kawasaki’s Talk This Friday…

To everyone I know or anyone who reads this blog: meet me at the University of Minnesota McNamara Alumni Center at 11:30 am this Friday, January 19th. Let’s get to the Guy Kawasaki talk early and schmooooze!!! I blogged about the event earlier here. (It starts at 1:00 pm.) The event quickly sold-out, but I’m sure many of you already have tickets. Even if you don’t, show up anyway! You can always try for standing-room-only space, or maybe you can nab somebody’s no-show ticket. Hey, Guy’s worth it! He packs ’em in everywhere he goes. Guykawasakistanleycup

We can talk about all kinds of stuff in advance of the talk: why Guy would come from California when we’re freezin’ our asses off here right now (it’s to play in the U.S. Pond Hockey Championships on Lake Nokomis)….what his topic is (it’s his classic “Art of the Start” talk)….or anything else you want to talk about, including my BlogHaus experience in Vegas last week. And getting there early should help us get locked-in for the best seats, or maybe those of you who need tickets can get on the list early for the no-shows.

Should be plenty of room to gather in the lobby area that’s closest to the auditorium where Guy will speak. (Check the signage on the way in.) And maybe we can even get coffee there…

Please spread the word to your lists and communities!
Let’s show Guy we’re one great startup community here in Minnesota!!! Indicate your interest here on my blog by adding a comment, and I’ll forward the whole thing to Guy beforehand. One of my VC friends tried to get me into a special lunch being held for Guy prior to the talk, with the local U of M muckety-mucks, etc, but I missed the cut. Who cares! This meetup will be lots more fun for me — and you! And maybe we can even continue the blog comments afterwards to tell Guy what we thought of his talk… See ya Friday!

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