— Bubba Murarka on Android first startups. Maybe that’s one area a more remote place can get right (probably - look at Xiaomi).
One of my absolute best friends and favourite people just hit the jackpot. Congrats Jan, and also Philipp, Matthias, Leo, and everyone else… I’ve been very close to these guys for the past years, and am so happy it came to this.
Whenever I was in SF in the past two years, I stayed at their awesome house in Noe Valley and got to see their hard work first hand. Honestly, there’s no better feeling than seeing them succeed like this, and I can’t wait to see what they do at Dropbox.
Respect. Well done. You guys are Rockstars.
— Every generation has their tradeable item: stamps, records, Basketball/MTG cards, and now sneakers. For Young Traders, a Market Where Air Jordans Are Blue Chips - NYTimes.com
Watched “Searching for Sugar Man” the other week when I was sick. This is an excellent album, and the movie is great, too: A ‘lost’ artist gets rediscovered and plays for hundreds of thousands of fans he never knew he had.
Caution: excessive stereotyping in this post!
People quote Skype ad Nauseam when talking about category changing models from Europe. It’s time for the new generation to come up with businesses that actually take advantage of the unique makeup of Europe and show that we’ve got it.
I’ve been looking at the various European grant and support programs in what is called Horizon 2020, FP7, and various other names. These are EU and EC designed programs that are supposed to come up with a new mega success in Europe, or at least support regions and markets to compete on an international scale. All those programs quote the great minds, research, education, and design from Europe. And all of those programs remind us of “world beating companies such as Skype” that play to the unique abilities of Europe.
Where are the new players in that category, and why are they unique and why can they only be built here? Skype couldn’t have built in the US alone, for the simple fact that long distance phone calls were already cheap enough or free by the time it came around. Europe with its borders and the built in issues was a perfect place for Skype to emerge. MySQL and Linux were probably rooted in the strong socialist (for lack of a better, or worse, word) nature of the north, and the resulting strength of OSS there (also influenced by the strong academic and scientific education and resulting community). Betfair and it’s siblings are of course the result of strong betting/gambling cultures, especially in the UK, that are regulated out of existence in the US. H&M and Zara aren’t tech startups, but still immensely successful companies based on the design heritage in their respective cultures, much like Ikea is the result of no-nonsense design combined with wonderfully Swedish egalitarian principles of affordability (the egalitarianism is still there, not so much the affordability I might add).
What are companies that are playing to similar principles, and build their raison d’être simply on cultural, regulatory, or market realities?
Transferwise is one I’m very familiar with (Seedcamp was an early investor and I’ve spent a lot of time with Kristo and Taavet). In most markets, nobody besides marginalised minorities is even thinking about cross border financial transactions. That’s why I’m so excited about it. Oh, and Taavet was early at Skype. Go figure.
I’m sure there are more, and I’m already thinking about markets that might be unique to Europe. The nucleus for this post was Fabrice’s piece on Craigslist. They have about 90% of the classifieds market in the US (a guess), and are prohibiting a single player to take over their market. Of course, as per Fabrice’s post, the mighty will probably stumble and fall, but this is the reality today. Might this lack of a clear leader in Europe make for an opportunity to build something? Of course, Zoopla in the UK, the Scout Group in Germany, and many others have taken some of those markets, but there are many more white spots than in the US.
If you’re in Europe, and thinking of something big to build, find one of those markets where you don’t just have speed, ideas, and great execution on your side. An inherently different and hard to understand market might be the biggest moat you can build to prevent a well capitalised competitor from the US to enter your space.
If you have an idea of some of those markets, leave it in the comments, I’m excited to hear about this stuff. Or, even better, build a kick ass company and take that market for yourself and replace the same name to pop up in those policy briefings.
Tom Ford, talking with Kinvara Balfour at the Apple Store on Regent Street store in London, when asked about his “greatest luxury”.
(There’s a full podcast — video too — of his talk here.)
'Never, ever, ever – man or woman – wear anything that you are remotely uncomfortable in.'
This is a huge deal. Both the price drop and the entry of Google into this space will save startups a ton of money. The ease of use and pricing of AWS have done much more for the industry than is widely acknowledged. 3 people teams with millions of users, smaller seed rounds, the emergence of Micro VCs, accelerators, etc - all were at least partly made possible by cloud hosting.
I’m riding a new board and binding after starting Crossfit and weightlifting (mostly Olympic lifts). Thus, my old riding style is completely useless, especially when going fast on rough terrain. Normal piste and jumps are fine with deep squatted landings. I realised my quads and forefeet are much more active than they should be according to lifting knowledge. I would think there should be a riding style that relies more on hamstrings and squat position.
Anyone out there who knows about this, binding setup, and optimal posture for riding? Ping me.