3. June 2013
Source: The Wall Street Journal
The annual publication of analyst Mary Meeker’s Internet Trends Report is something of an Internet tradition, providing a rich source of hard data over which much chin stroking will now take place.
Unveiled at the All Things D annual conference, the report shows two slides that stand out in particular for a European tech audience, highlighting just how much value, and how many jobs, have been “lost” in Europe by the families of founders finding the prospect of the U.S. more enticing than staying home; and as a consequence how little European web companies contribute to the global web economy.
In one slide Ms. Meeker, the Kleiner Perkins Caufield & Byers partner, lists 25 leading web companies by their country of origin and 2013 market value. Of the $1.38 billion in market value only an anaemic $20 billion comes from Europe. While Europe comprises just under 11% of the world’s population, the European companies on the list contribute just 1.5% by value. (And $16 billion of that comes from Russia — search engine OAO Yandex and portal Mail.ru Group Ltd. The U.K. retailer ASOS PLC contributes the remaining $4 billion.)
By contrast the U.S. contributed $1.17 billion or 85%. Americans comprise about 4.5% of the world’s population. Read the rest of this entry »
17. September 2012
Source: Technology Review
Super-users, hobbyists, and gadget fans are investing in innovations they want, and creating a new generation of entrepreneurs along the way.
It’s becoming a common story. A project listed on Kickstarter, the Internet crowdfunding website, ends up wildly exceeding its financial goals. Suddenly, someone is in business.
That’s what happened to inventor Jay Silver, creator of MaKey MaKey, an “invention kit” consisting of a processor board and alligator clips that turns objects with high electrical resistance—bananas, Play-Doh, human flesh—into computer controllers. Silver listed the project on Kickstarter this year hoping to raise $25,000. He ended up with $568,106.
Since then, it’s been a race to negotiate with Chinese manufacturers, customs agents, and wholesalers to produce and ship what will be the first product of Silver’s newly incorporated company, JoyLabz. “I was going to start this company in a few years, but my crowdfunding success accelerated the timing,” says Silver, who is 33. Read the rest of this entry »
13. February 2012
Source: Jim Baum Former CEO
I had the honor this week of speaking with Om Malik of GigaOm on stage at the Structure: Big Data event in New York City. This was a first of its kind event, bringing together an incredibly interesting group of entrepreneurs, enterprises, industry luminaries, investors and press to discuss the state of the “Big Data” revolution that manifests itself throughout the industry. I must say, I feel “vindicated” by all this activity. I have been talking for years about “category convergence”, suggesting the convergence of business analytics, data management, search, data warehousing, ETL, text analytics, data protection, and a few other “categories” as necessary to create the business value we all expect from these technologies.
Let’s go back in time. Historically, we have always talked about “structured data” and “unstructured data” as two, independent, separate things. That segregation is incredibly important as all this “data” is at the root of everything we are doing to make sense of it, improve business and societal decision-making, and create some type of sustainable value from this ever-increasing asset. Yet as a result of this thinking (or perhaps at the root of this dichotomy), the technologies to extract knowledge and insight from these data assets have evolved along largely separate paths. Think databases vs. search. Read the rest of this entry »