It’s time for the ‘real-time’ and ‘mobile’ web to go the way of electricity. I once heard that at the turn of the 1900′s, big businesses in New York would assign someone the role of Chief Electricity Officer. That was when electricity was new, novel and you couldn’t assume everyone had it.
Vlab hosted a “real-time” panel last week and it seems like the discussions have moved beyond “real-time”. The concept has woven itself into the mobile web and the invisible hand that’s moving us towards new behaviors and expectations.
- VC Talk: The best investments are the ones that were polarizing like twitter. Half the partners loved the idea and the other half hated it. When you have that kind of polarizing idea, it’s got potential to be a breakthrough product. (Another split usually happens between partners over 45 and those younger…”The kids are going to destroy us”).
- VC Talk: Look out for ‘fanatical users’ in the early stages and don’t focus so much on volume.
- IDEA: Create a business where you review your co-workers like reviewing restaurants on yelp (push the envelope of linkedin). Reputation management is something that needs to tackled (“massive need”).
- IDEA part II: ‘ Everyday people’ will become like celebrities. They love to control their image and hate when they can’t.
- Investors are opening up wallets again. Get ready to see more opportunities for invesment.
- Mobile advertising still has a lot of room for other players. It’s not what admob is doing. There is something else.
- Watch for tech that starts taking down political barriers. The use of social media in the Obama election was a drop in the bucket. ”We are transforming from Nation States into a “state of minds”.
- Adhoc group forming with mobile
- How long someone takes to respond to email reveals how important you are to them. Implicit monitoring of various metrics.
- Business Tip: Own the data. Don’t just build on top of someone else’s.
- Business Tip #2: The customer is way smarter than you. Engage and Test.