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  • Michael Krakovskiy 12:32 pm on January 8, 2013 Permalink | Reply
    Tags: , , ,   

    Valuable Photos 

    An acquaintance of mine spends a lot of money on travel and cameras, more than just about anyone I know. But you won’t find photos of famous landmarks amongst his pictures unless he’ll find a way to take a picture of something that nobody photographs – like a bathroom or a service entrance. His photos will stand the test of time.

    Collectors of old photos know this: photographers have a herd mentality. In early photographs portraits are very common, but pictures of anything other than people are rare. Yes, old cameras were bulky and hard to use outside, but it’s still not a good reason: the earliest surviving photo is a view out of a window.

    There’s a type of a photo that I despise the most: one of a flower. If you have an expensive camera with a nice lens you can go to a botanical garden and take a hundred gorgeous pictures of pretty plants with a pretty blurred background (coin-a-sewers of this type of photos like to discuss “bokeh” – the quality of the blurred background specific to a lens).

    And then there’s one type that I like a lot: pictures of workspaces. My advice to you is to take more of those. Forget flowers, sunsets and landmarks: looking back you’ll enjoy these much more.

    Here’s a blurry photo of my doorman’s desk from college years:
    Screenshot 1:8:13 7:26 AM

    And here’s my desk at TV Guide.
    Screenshot 1:8:13 7:06 AM

    A co-worker of mine kept a picture of his old workspace instead of anything else. He could never explain why he did it, but I found it funny enough to take a picture of it. I always kind of wished I had the foresight to keep taking pictures of my desks recursively – which is a great idea, I think.

    Screenshot 1:8:13 7:00 AM-3

     
  • Michael Krakovskiy 2:01 am on January 1, 2013 Permalink | Reply
    Tags:   

    Happy New Year 

    happy-new-year-2013

     
  • Michael Krakovskiy 7:40 am on December 15, 2012 Permalink | Reply
    Tags: , , , , , , Private equity, serial entrepreneur, Silicon Alley, , , Y Combinator   

    Startups and Other Problems 

    I cringe a little bit when I hear the word “startup”. This word has several different meanings in modern newspeak. In Silicon Alley (this is what New York’s startup scene was called in 2000) it appears in several typical phrases such as: “well, we can’t afford that – we are a startup” and “we are a startup, but we are very well funded”. This word is basically used either as an excuse for wanting below-market labour or an excuse to flaunt investor-supplied riches. In the first phrase it means that the company has been burning dumb money for at least a few years, in the second – it’s just starting. One “startup” that I worked for (and have fond memories of) began in 1997 and gave up ghost in 2012. UGO was truly the Dick Clark of companies (except not as successful).

    Recently I was researching an engineer who designed the Wright 2600 keypunch. An article about him on Tripod (another blast from the past) has a very interesting quote: “After retiring from US Gov., he volunteered for SCORE, the retired executives helping businesses with start up and other problems.” Startup is not a type of a business! It’s a problem that businesses have!

    The term “serial entrepreneur” has also acquired a thick patina of sleaze. The thing is, entrepreneurs are not really like flying aces (I think I read somewhere that most military pilots are either aces who shoot down 5 or more planes or the ones who are shot down). No. You only need to take a look at Jerry Kaplan, who wrote “Startup: A Silicon Valley Adventure” and probably set some kind of a record in running companies that don’t make it. A large percentage of startup money is made through sales to larger, lumbering companies. Was broadcast.com a great deal? Nobody remembers it when watching its founder wearing relaxed fit shoes. There certainly a lot of money out there chasing some not very viable ideas. Unfortunately the startups of yesterday and today are either huge failures or huge successes. Or both (but not for everybody).

    Luckily these days startup costs are at all time lows. To create a huge failure of a company you need a lot of money. On the other hand, to barely succeed all you need is some pocket change. Forget about Y Combinator. The Pinboard Investment Co-Prosperity Cloud will “barely invest” and try to help you to “barely succeed” – in other words to encourage you to build a business that realistically aims to be profitable. Forget “go big or go home”. Just try to honestly to build a business. Screw freemium. Forget about “incubators”. All you need is $37. And The Pinboard Investment Co-Prosperity Cloud will maybe give it to you. If you’ll get a rejection – dig deep.

     
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