Showing posts with label Robert Scoble. Show all posts
Showing posts with label Robert Scoble. Show all posts

Wednesday, November 19, 2008

Robert Scoble On China's New Disruptive Manufacturing Techniques

I am a frequent reader of Robert Scoble's blog "Scobleizer" and it's seldom without a great tip or observation.  While Robert's political views may be more to the "slight-right" on mine, it's no matter for he always has his finger on the New Media and Tech pulse.  Moreover, he's always ready with great advise, as he gave in my TechCrunch party video, which is long, but worth another look if you have 41 minutes to spare:












In this case, it's Tech.


In his  blog , Scoble discusses the new developments in Manufacturing Tech, and the work of a man named Liam Casey, who's the founder of PCH.   To avoid stealing thunder from Scoble, I'll report that it means you can go to a website and special order a car or computer, rather than the "one-car-fits-all" approach we have today.


That's of no surprise to me.  It's a direction the industrialized World has been on path toward this kind of development every since Dr. McCoy put in a card and out came instant hot chicken soup in a bowl on the Enterprise, and that was in the '60s.


But what's interesting is the kind of businesses that Scoble says we should be in:



"Now, get over your fears, because there are tons of new jobs in this new world, too, you just need to see how this changes everything and then take advantage of the new opportunities. Where are the high value bits in this whole process?
Not the manufacturing.
The real value and profit is in two places: R&D and coming up with new businesses and new ideas. Take, for instance, the Chumby which was designed at a Tim O’Reilly Foocamp and who’s company still has less than a handful of people. Chumby is the new post disruptive business model. Want a job? This is how to do it. Hang out at Foocamp. Come up with an interesting business. Get funding. Go see PCH. Profit! Well, yes, there are a few details involved there.
Other jobs that’ll open up? Anything involved in building brands. Marketing, PR, blogging/Twittering/FriendFeeding, building web experiences, videos, going to conferences to show off new products to audiences, etc."

Monday, July 28, 2008

Robert Scoble Talks About PodTech Demise At TechCrunch Party



I present my long form video documentary of the TechCrunch | August Capital Party held Friday, July 25th 2008 at
August Capital and hosed by TechCrunch Co-Founder / Editor Michael Arrington. First, let me thank Michael for the opportunity to do this at his event, as well as the time he gave me. Second, let me thank all of you who gave me your time at the party, which was the vast majority of you.

I set out to form a pattern of opinions on what the Democratic Party and Senator Obama should address on the eve of the Democratic National Convention. I also tried to give a view of what people were working on in the tech / web community. There's a lot here. But I also tried to make something fun to watch, with a beginning, a middle, and an end.

The video is 41 minutes long and some of the highlights: TechCrunch's Michael Arrington explaining that he hope Barack Obama sicks to his concern for "net neutrality" as well as his hope that issues regarding H1 Visas, the FCC, and the avoidance of Internet Taxes are addressed. Technorat Founder and Chairman David Sifty introducing his new venture OffBeatGuides.com. The great EtchStar.com service for devices like iPhones. An iPhone App from VSmax.com. Sara Lacy telling the Democratic Party to "get some balls." Andrew Mager talking about the party and introducing Cathy Brooks of Seesmic, who in turn introduced the Legendary Robert Scoble, and Brooks echoing (unknowingly) Lacy when she says the party should "grow a pair." And Robert talking -- at considerable length -- about what happened to PodTech and what it says, if anything, about the economics of Podcasting.

In all the message to the Democratic Party and Senator Obama was to work to achieve unity, don't fashion policies that tax the Internet or harm Net Neutrality, be courageous, and for Senator Obama to stay the course.

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Sunday, July 20, 2008

PodTech: Tech Media Company That Got $7.5 Million Sold For $500,000

In what has to mark as a disappointing end to a company with a lot of promise, I learned that PodTech, the tech media company which publishes online and downloadable videos about new technology and at one point featured video bloggers like Robert Scoble and Irina Slutsky, and raised $7.5 million in 2006, sold for just $500,000.

That's right.

The main reason was a difference between the managers in determining where the company should place it's focus. Plus, it was losing the original talent. CEO John Furrier left the company last year. Robert Scoble gave this take at Friend Feed with a chime in by Furrier and others...:

I'm cool with telling the story. I just need a couple of glasses and wine and a lot of time to tell it first. Podtech was screwed up by a number of decisions. Everyone played a part, but I sure learned a lot about how a company can screw up big time. Major learnings for me? 1. Have a story. 2. Have everyone on board with that story. 3. If anyone goes off of that story, make sure they get on board immediately or fire them. PodTech did none of the three and I'm sorry for my part in not making the three happen - Robert Scoble

That's the cool thing about you, Scoble...you're human and admit it too! - Sean McGee

Not all ventures succeed though. How many 'fail' for those that succeed? It pays to take a pragmatic view. I think it's a hot market, and the impetus to succeed is high, eventually some will break - Mo Kargas

Other things I learned: 1. Make sure people are judged by the revenues they bring in. Those that bring in revenues should get to run the place. People who don't bring in revenues should get fewer and fewer responsibilities, not more and more. 2. Work ONLY for a leader who will make the tough decisions (see above). 3. Build a place where excellence is expected, allowed, and is enabled. 4. Fire idiots quickly (didn't happen at PodTech -- even if you count me as one of the idiots). - Robert Scoble
We get so much coverage of companies when they launch, when they're growing, etc. I'm hoping that someone writes an in-depth piece on what went wrong at PodTech so that entrepreneurs can learn from this. There is so much that you can learn from failures. - Mike Doeff

Other things I learned: 1. if your engineering team can't give a media team good measurements, the entire company is in trouble. Only things that are measured ever get improved. 2. When your stars aren't listened to the company is in trouble. 3. When your stars start leaving (Gillmor and Owyang left before I did) the company is in trouble. 4. Getting rid of the CEO, even if it's all his fault, won't help unless you replace him/her with someone who is visionary and who can fix #1,2,3. - Robert Scoble

Mike: I'm not going to be the one who writes that. Much of the worst stuff is too personal. Failures of companies often happen around failures at the leadership level. Telling why things failed means telling off investors, executives, and others (and even me). Not likely to happen because that'd mean burning bridges and I'm just not willing to do that. These people have too many friends. :-) - Robert Scoble

My vote is for assimilation into something bigger. They bought it to "right the wrongs" and flip it to someone else. Heck, at 500k, it's a bargain right now...IF things are cleaned up. - Bradley McSpinn

Brad: almost all of the talent left. What's left now is not much that's worth much. The revenues came because of our social media leadership. That's what Furrier really had in his hands. Owyang. Me. Cunningham. Jones. Gillmor. The rest of the stuff was a pipe dream that didn't lead anywhere, which is really why the company burned through $7 million (plus several million in revenues). - Robert Scoble

I am going to write an in depth post on this story. It's huge. There are many lessons. Scoble's view is from his perspective but there is a big picture that goes way beyond Scoble's view and that has to do with building a company from a zero stage. I've moved on from a year ago after I was forced out by the board. We made some mistakes but directionally correct. Sure if I had a mulligan things might be different but a business strategy, financing strategy, and team strategy are part of the story.. - John Furrier

john: I am looking forward to your post. - Robert Scoble

There are many lessons to learn that I'll post about. PodTech had a great chance and pioneered some of the best practices in social media. One thing that I'll talk about is the difference between self financed growth strategies and venture backed growth strategies. - John Furrier

Looking forward to your posts John. - Thomas Hawk

I'm looking at this from way on the outside. The value of my perspective is that I know nothing about internal management, visions, discussions, factions, or what have you. All I can say is that from afar, I never got any brand coherence from PodTech. Was it news? paid corporate marketing videos? analysis? community? There were some powerful personal brands--I still follow them in the PodTech diaspora--but it felt they never cohered into a PodTech identity. (That doesn't mean losing personal identity.) - Michael Markman

Michael: exactly. We never played together as a team. It is why entrepreneurs need different skills after they start their companies. It is not enough to sell people on a dream. You must coach your way to it too. - Robert Scoble



What's interesting to me and the sign of a real problem is to have $7.5 million and burn through it, then wind up with a company worth just $500K.

With all this, there are some who think Podcasting is failing, but there are many signs this is not true, including the success of shows like "Ask A Ninja" which pulls in money from sponsorship.

But overall, my personal feeling is that people are lazy and don't want to download anything if they don't have to. That's why I focused on online browser-based sim games like the Oakland Baseball Simworld, rather than downloadable ones.

In the end, it's eyeballs and not downloads that matter and pay, too.

Monday, January 28, 2008

ValleyWag.com Happy Hour At Mooses In SF - ValleyWag.com



ValleyWag.com editor Owen Thomas graciously invited me to join him at Mooses for his firm's Friday Happy Hour. The star of this show was Laura Goldberg, the noted tech publicist who's currently with Ask.com, and we were joined by the founder of Lunch 2.0 and some other colorful people.

Fun times!