The group is still buzzing about the extraordinary evening last Thursday night with Mobile LAVA’s Starting Your Startup panel of Hank Leber (GonnaBe), Matt Sandler (Chromatik), Louis Wharton (Stubbs Alderton), TX Zhuo (Karlin Ventures), Mark Sogomian (E&Y) all ably moderated by Lori Kozlowski (Forbes). Fantastic panel and lively conversation that was informative, inspiring and entertaining. Thanks to all.
And last week also marked the annual All Things Digital D11 conference held in Palos Verdes. The Wall Street Journal’s blog features some of the best commenters on the digital marketspace. And one of the highlights of the event is Mary Meeker’s Annual Internet Trends presentation. The Kliener Perkins partner has been watching the Internet space for almost 20 years. Her first “Internet Report” was a collaborative effort issued in 1995 while Mary was at Morgan Stanley.
Follow this link to Mary Meeker’s Internet Trends Report
Growth is Robust.
Cloud with a chance of sharing.
Land of Opportunity.
Internet Trends 2012
Los Angeles is among the 10 metropolitan areas to get AT&T’s LTE sevice according to press releases yesterday. San Diego, Los Angeles and the Bay Area are to be turned up. The benefits of LTE (according to the press announcement):
- Faster speeds. LTE technology is capable of delivering speeds faster than many other mobile broadband technologies. Customers can stream, download, upload and game faster than ever before.
- Faster response time. LTE technology offers lower latency, or the processing time it takes to move data through a network, such as how long it takes to start downloading a webpage or file once you’ve sent the request. Lower latency helps to improve services like mobile gaming, two-way video calling and telemedicine.
- More efficient use of spectrum. Wireless spectrum is a finite resource, and LTE uses spectrum more efficiently than other technologies, creating more space to carry data traffic and services and to deliver a better network experience.
- Cool new devices. AT&T offers several LTE-compatible devices, including new AT&T 4G LTE smartphones and tablets.
Almost makes you want to go out and buy a Vivid or Galaxy S or Nitro or JetStream. Almost.
The Wall Street Journal Small Business blog – Digits – features an article on a New York based incubator that is recruiting women founders and co-founders starting mobile businesses. We are beginning to see quite a number of incubators focused on particular industries or technologies or market spaces. So it is not surprising to see incubators focused on underserved segments of the start-up communities. Anything that encourages broader participation in start-ups and entrepreneurship is valuable.
Women Innovate Mobile opened its application today to start-ups with a woman founder or co-founder and a product that is related to mobile. The accelerator will offer two to five start-ups free New York office space, mentoring and coaching, access to venture capitalists and other investors in addition to $18,000 in seed funding, $10,000 worth of product development and design support, and $10,000 worth of mobile marketing promotions.
Next month I will be participating in a Women in LAVA program on effective business plans. So I’m beginning to look at articles/studies that highlight various ways that start-ups and business plans put together by women entrepreneurs are unique or differentiated. The number of women starting up businesses or participating in startups is rising significantly. Yet the majority of businesses, especially tech businesses, that appear before Angel screening sessions or pitch VCs are founded and run by men. Angels and VCs undoubtedly care much more about the team, markets, scaling and viability of the business than about the gender of the founders and early executives. The goal of the program next month is to help founders and early team members be comfortable and confident when interacting with investors by being prepared with a pitch, plans, strategies and business models that work.
In a bow to the inevitable, Adobe has decided to forego developing and deploying a Flash version for mobile platforms. Flash is the undisputed leader in desktop video and games and so Adobe’s efforts to establish a mobile standard on that technology was understandable. However, with a premium on battery life, some mobile designers (i.e. Apple) started to look at less power munching alternatives. Adobe recognized this and began incorporating HTML5 into their viewing platform for Android and iOS. HTML5 is quickly becoming universal and Adobe’s decision is no surprise – except to the shareholders and employees that suffer as a consequence. This is all good for Adobe with groking the inevitable; bad for the employees who now need a job; but better for all of us who will not have to go through the nonsense we saw with the browser & API wars of the late 90s.
More stories about Adobe’s waving the Flash flag here, here & here.
The Egyptian goddess Isis is the mother of us all. The name means ‘Throne’. The first hieroglyphs depicting Isis came from a period about 5,000 years ago. Isis and her brother/husband Osiris became the objects of myths, religions, cults and rituals throughout the Greco/Roman region. Her sibling and marital relationship with her brother was emulated by Pharaohs for centuries.
And now ISIS is poised to be the mother of all Near Field Communication (NFC) virtual wallets. NFC is a decades old technology originally developed by SONY and NXP Semiconductors (Philips NV). It is currently used in Europe and Asia with wireless point of sale terminals. The current initiative by the mobile telcos (AT&T, T-Mobile & Verizon) is to establish dominance over mobile commercial transactions and squeeze out other virtual wallet competitors – e.g. Google, PayPal, the credit card companies, banks, Apple (supposedly iPhone 5 will have NFC capabilities).
With the launch of Google Wallet (with partners Citibank, Mastercard, AMEX and Sprint) on the Samsung Nexus S last week, we’ve officially begun a period of wildly exaggerated claims, consumer confusion and wasteful investment by numerous parties having no realistic chance of successfully competing in the space. The group behind ISIS is supposedly willing to spend $100M to win the hearts and minds of mobile consumers. Who knows how much Google may invest?
One of the winners in this may be VC-backed startup VIVOtech – a supplier of NFC software and systems. When the momentum for a product or service gets to the frenzy stage, it is often a wise move to start following the enabling technology.