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

     
  • Michael Krakovskiy 8:17 pm on September 22, 2011 Permalink | Reply
    Tags: , , , , , Night The Apple store, , Technology   

    Apple Store at Night 

    The Apple store is eerily empty at night. It’s only populated by reflections from the other side of the street.

    apple-store-reflections

    A typical Mac user is camping out even though there is no special event tomorrow.

    typical-mac-user

     
  • Michael Krakovskiy 2:55 pm on September 13, 2011 Permalink | Reply
    Tags: , , bow and arrow researcher, , Futurology, , , , , , , , oil-based laxative, Phil Libin, , Scientific revolution, Technology, Trail, , unimportant web gunk, ,   

    On the Importance of Lube 

    As a response to meaningless discussions about microformats, standards, widgets and other unimportant web gunk I wrote an article Deadprogrammer’s Hierarchy of Web Needs. The gist of that post is that what matters the most is text and images, and that the importance of everything else above it falls in geometric progression. Things high on the pyramid get too much consideration.

    There is one modifier that does not fit on the pyramid: lubrication. You see, there’s a lot of friction associated with putting content online. It’s a major limiting factor to the growth of the internet. Those who focus on the base of the pyramid and apply enough lube succeed.

    Twitter succeeded because it is the ultimate lube, the equivalent of a major dose of oil-based laxative. It lets you put little pooplets of thought at the speed of diarrhea. Text alone is enough – it’s the very base of the pyramid. Because of that people forgive Twitter the url shortening pandemic – the very thing that is poisoning the exchange of links, the terrible handling of images, and the procrustean shortening of the information that you can share.

    My ideal twitter feed is kind of like now defunct memepool.com, but with inline images. I want good copy, I want good images and I want good links (and not the terrible shortened crap – this is not what hypertext is about).

    Besides lube, there is stuff that seems like a good idea, but is actually adding friction. The days of black backgrounds and blinking text are behind us, but the new enemies of eyeballs are more subtle. Hashmarks in Twitter are terrible. I can’t read shit like “ugh, bad #weather in #hoboken #today #firstworldproblems”. Another thing that acts as sand in my eyes is “winerlinks“. They are little hashmarks that let you link to every paragraph in the story (which is a great idea), but at the same time they look like a bunch of bedbugs and scrape your eye with every saccade.

    The year is 2011 and we are walking with supercomputers attached to digital cameras more powerful than the ones that went into space probes. Yet sharing an image is still a huge pain in the ass. It just takes too many steps. Iphone apps do it relatively well, even if too many people mangle their perfectly good pictures with a totally un-fun “a fun & quirky way to share your life with friends through a series of pictures” (whatever that means).

    Here’s Vannevar Bush talking about “memex trails” in “As We May Think“:

    “The owner of the memex, let us say, is interested in the origin and properties of the bow and arrow. Specifically he is studying why the short Turkish bow was apparently superior to the English long bow in the skirmishes of the Crusades. He has dozens of possibly pertinent books and articles in his memex. First he runs through an encyclopedia, finds an interesting but sketchy article, leaves it projected. Next, in a history, he finds another pertinent item, and ties the two together. Thus he goes, building a trail of many items. Occasionally he inserts a comment of his own, either linking it into the main trail or joining it by a side trail to a particular item. When it becomes evident that the elastic properties of available materials had a great deal to do with the bow, he branches off on a side trail which takes him through textbooks on elasticity and tables of physical constants. He inserts a page of longhand analysis of his own. Thus he builds a trail of his interest through the maze of materials available to him.

    And his trails do not fade. Several years later, his talk with a friend turns to the queer ways in which a people resist innovations, even of vital interest. He has an example, in the fact that the outraged Europeans still failed to adopt the Turkish bow. In fact he has a trail on it. A touch brings up the code book. Tapping a few keys projects the head of the trail. A lever runs through it at will, stopping at interesting items, going off on side excursions. It is an interesting trail, pertinent to the discussion. So he sets a reproducer in action, photographs the whole trail out, and passes it to his friend for insertion in his own memex, there to be linked into the more general trail.”

    Stinging together these trails is still too cumbersome. Have you ever tried to post a picture of two items (what JWZ calls “ exhibit A, exibit B” (this particular link leads to a collection that is totally worth your time)? What if there are no pictures of these items on the internet and you have to scan or photograph it, upload it, crop it, post it? And what if like Vannevar Bush’s bow and arrow researcher you’d like to add a comment in longhand, your own handwriting. Or how about a little hand-drawn diagram? This simple task will likely take at least half an hour.

    But enough bellyaching. It’s 2011, and the flying cars are almost here. There’s Skitch and Evernote (Phil Libin seems to be making the dream of Memex a reality in a less lame way than anyone else). And as an alternative to Twitter there is Google+ – I can drag an image from Skitch into a text area and it automatically uploads! When they’ll open up the API doing A/B posts will become finally possible there. Please, please leave the suffocating, hashtag strewn stinkhole that Twitter became. Join Google+. I’ll be hanging out there.

     
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