Archives for 2006

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Advisory Capital: a Lunch Discussion hosted by SVASE

(Updated)
Advisory Capital is a relatively new term introduced by Stowe Boyd recently. Whether you’re a startup entrepreneur, a Consultant potentially offering such services, or simply are interested in finding out what it’s all about, here’s your chance:

Join Stowe Boyd, Advisory Capitalist No. 1 and Manka Johnson, Management Consultant for a lunch discussion hosted by SVASE and Notre Dame de Namur University this Friday.
Schedule:

11:30-11:45 Registration, Networking and Food
11:45-12:00 SVASE/Startup-U Overview, Introductions, Speaker Intro
12:00- 1:25 Speaker Presentation and Interactive Q&A
1:25- 1:50 Networking with the presenters!

See event details and hurry to register, this event will likely sell out.

See you on Friday. Zbutton

Update (6/7): Stowe just posted about the event on his blog, with a link to his presentation– but like he says, it’s not fun to read without the stories. As it should be – if a presentation can be read in itself, it’s not a presentation. Better join us to get the real scoop from Stowe and Manka.

Update (6/13): See a summary of the event at Hot from Silicon Valley.

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SaaS: Evolution or Revolution

Blog-Based Analysts Shake Up IT Research – says InformationWeek. Well, I don’t know about shaking up, but I repeatedly find myself having to disagree with respected research firms.

First there was McKinsey, where I had to disagree with their assertion that financial applications will not see SaaS penetration for years to come. The ensuing discussion on several blogs, as well as statements by relevant software companies sufficiently buried that assertion.

Along comes Gartner with their Gartner Voice podcast. Not particularly exciting, I doubt you’ll hear anything new, but if you have 11 minutes to kill, why not download it.
Right now [Saas] is a very small part of the marketplace. It only takes up…one-half of one-percent of overall enterprise applications. If you look out eight or ten years, that might go up all the way to 30%.”

While the first number is probably valid, comparing a new model to the legacy installed base says nothing about the health of the Software as a Service industry. Currently about 10% of all software sold is SaaS, and that ratio is expected to grow aggressively. There will not be wholesale migration from legacy systems, but withing years with SaaS gaining dominance in terms of new deals, hybrid environments will evolve, which eventually will tip the scale over. Gartner expects SaaS to reach 30% in 8-10 years? It took less for client-server to completely push out mainframe applications. And yes, dinosaurs do exist: at SAPPHIRE 06 SAP mentioned they still have 3-4 mainframe customers.

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SVASE VC Breakfast Club with Menlo Ventures

amarchick.gifThe next SVASE VC Breakfast Club meeting is on Thursday, June 8th in Menlo Park – the VC Mecca, Sand Hill Road. As usual, it’s an informal round-table where up to 10 entrepreneurs get to deliver a pitch, then answer questions and get critiqued by a VC Partner. We’ve had VC’s from Draper Fisher, Hummer Winblad, Kleiner Perkins, Mayfield, Mohr Davidow, Emergence Capital …etc.

Thursday’s featured VC is Adam Marchick of Menlo Ventures. The Zvents post has all the info and a map, and if you plan to attend, please register here.

These sessions are an incredible opportunity for Entrepreneurs, most of whom would probably have a hard time getting through the door to VC Partners. Since I’ve been through quite a few of these sessions, both as Entrepreneur and Moderator, let me share a few thoughts:

  • It’s a pressure-free environment, with no Powerpoint presentations, Business Plans…etc, just casual conversation, but it does not mean you should come unprepared!
  • Bring an Executive Summary, some VC’s like it, others don’t.
  • Follow a structure, don’t just talk freely about what you would like to do, or even worse, spend all your time describing the problem, without addressing what your solution is.
  • Don’t forget “small things” like the Team, Product, Market..etc.
  • It would not hurt to mention how much you are looking for, and how you would use the funds…
  • Write down and practice your pitch, and prepare to deliver a compelling story in 3 minutes. You will have about 5, but believe me, whatever your practice time was, when you are on the spot, you will likely take twice as long to deliver your story. The second half of your time-slot is Q&A with the VC.
  • Last, but not least, please be on time! I am not kidding… some of you know why I even have to bring this up.

Here’s a participating Entrepreneur’s feedback about a previous event.

See you on Thursday! Zbutton

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Enjoy a Healthy Drink of – Benzene

If despite all the health warnings about drinking sodas (sugared water) you still enjoy them several times a day, chances are you’re drinking benzene.

From the wikipedia definition: “a colorless and flammable liquid with a sweet smell. It is a carcinogen… no longer used as an additive in gasoline…Benzene is a natural constituent of crude oil, but it is usually synthesized from other compounds present in petroleum. “

How does it get in your soda? “Two popular ingredients found in soda and juice drinks can tun toxic when mixed together under certain conditions.
Two of those chemicals, vitamin C and benzoate, are popular additives in many soft drinks and beverages. Under certain conditions, these two chemicals react to form benzene – a human carcinogen. If drinks are exposed to heat and sunlight, it can accelerate the creation of benzene.”

“We found that as FDA was assuring the public that everything was fine, their own data showed that nearly 80 percent of diet soda they had tested during a five year period had levels of benzene…above that of drinking water,”

(Full story and video on CBS)

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Wikiwars Galore: Wiki the Presidency

The Wikiwars sometimes experienced on Wikipedia will soon be dwarfed by what will no doubt erupt on Wiki the Presidency. Wow, this will be fun to watch – or participate in. (hat tip: Eszter)

Update (6/9): Stefan Topfer is calling for “a wiki for every politician in the western world and keep records on their voting, so when they come to be re-elected, they have a public “record”! We could make them accountable.”

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Fedex Furniture, Gatorade Raft

After the Fedex Furniture ( more pix here and here) here comes the Gatorade raft!

Two MIT Students used empty Gatorade bottles (gee, do they consume anything but Gatorade?), and duct tape to put together a raft, then rowed across the Charles River.

Gatorade is sending them some coupons. C’mon Gatorade, you can do better! How about sending them a full years’ supply, making them spokesman, building a survivor-style commercial …you’ve gotta be more creative!

See more photos of the collection, construction process, then the test ride and the big trip here.

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Vonage, a 3-time Champion

  • First to offer residential VOIP-service (in fact they single-handedly created this market)
  • Fastest declining IPO
  • Fastest Class Action lawsuit.

See also Jeff Clavier and Mark Evans

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U.S. to Drop Key Tenet of Geneva Convention

The Pentagon has decided to omit from new detainee policies a key tenet of the Geneva Conventions that explicitly bans “humiliating and degrading treatment,” according to knowledgeable military officials, a step that would mark a further shift away from strict adherence to international human rights standards. (full article at the Baltimore Sun)

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Content Theft or Magic Feed

I found a pirated copy of my Microsoft – Adobe: Much Ado About Nothing post on Technorati. It was lifted verbatim, except the address got changed to “Microsoft & PDF’s“. I am not a top-blogger, but am already quite used to my content being republished, but normally with attribution to me, and I don’t really care. In this case there was no attribution, the “author” made it look like his original post.

I left a comment, calling it shameless theft, and voila, a little later the post is gone, and this is what I found instead:

“So I left my computer for a few minutes today after updating the blog software and came back to see a post re the MS & Adobe issue on my blog. Kinda funny how it got here coz I never posted it. I did post something about the issue on HWG.

Oh, and if anyone cares…I hate pdf files so if they weren’t included it wouldn’t bother me any.”

Interesting…. has someone set him up? I guess he’s still better off than poor Jack Bauer.Or if he’s not a victim of sophisticated crime, does my feed have magic powers, planting itself on other people’s blogs?

(I am not pointing to the blog in question, after all he took “offending” post off … let him live in piece peace…)

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Remembering the Two Tank Men

Today is the Anniversary of Tiananmen Square. Tiananmen square what? How can a square have an anniversary? For at least another generation people can no longer think of the square anymore, but the massacre that put an abrupt end to two months of protests. I forgot about it, and so did the media, it’s hardly mentioned in the news. For me Paul Kedrosky’s post was the reminder.

Back then I knew relatively little of what was going on. 1989 was the year when communism fell country by country in Eastern Europe, and I was moving to Vienna to start my super-intensive SAP training which kept me at class all day, and over my books night – in a country whose language I did not speak. The first anniversary found me in Singapore, and I remember how shocked I was to hear the country’s Father, Lee Kuan Yew, blame television reporting and western media in general for the deaths near Tiananmen Square. I don’t have a quote from that speech, but here’s one from the Straits Times, Aug 17, 2004: “If I have to shoot 200,000 students to save China from another 100 years of disorder, so be it.” Hm…

Originally I only saw still photos of the famous Tank Man. Thanks to Youtube, now I can see how this lonely man stood up against lethal force.

(Should the embedded player not work, here’s the link to the video)

He was no doubt a hero. But did he prepare to be a hero? He has what appears to be shopping bags in his hands. He may have been just a “regular guy” who couldn’t believe what was happening, and believed he could talk sense to the soldiers. In fact he could. I’d love to know what went through the tank commander’s mind. He was, after all ordered to “restore order” and crush the “rebels” – crushing this lonely little man would have meant nothing compared to the acts he likely committed later on that very same day. Did he know he was being filmed? Or was he simply impressed by the heroism of the lonely man?

This scene reminded me of another one, and thanks to Youtube it only took seconds to find this film shot 33 years before Tiananmen, in Budapest, Hungary:


(Again, should the embedded player not work, here’s the link to the video)

The 1956 Revolution was crushed by the Russian tanks – but before the Russians, there were Hungarian tanks that the communist government sent to “restore order”. They took up their positions, just like the Chinese, then people started to talk to them, just like the Tank Man, and finally most of them joined the demonstrators. Unlike in China, the Communist Party’s stronghold on the people weakened by the day – until the Russians arrived with overwhelming force. Yet it took them 6 days to suppress the revolution.

For the next 33 years the events were referred to as the “counter-revolution”, and officially ignored. People never accepted this term, so they referred to the “1956 events” or simply “1956”. Just like Tiananmen. It’s somewhat symbolic that in Hungary October 23rd, the day of the Revolution became a national holiday in 1989, the year of Tiananmen. I can only hope the day comes when China openly celebrates Tiananmen as a National Holiday.

Update (6/4):  Tiananman Square in 3 Minutes by Angry Chinese Blogger:

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