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	<title>blog.jedchristiansen.com &#187; Business</title>
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	<link>http://blog.jedchristiansen.com</link>
	<description>Livin&#039; the dream</description>
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		<title>Visiting White Bear Yard in London; Timetric and Smarkets</title>
		<link>http://blog.jedchristiansen.com/2010/08/18/visiting-white-bear-yard-in-london-timetric-and-smarkets/</link>
		<comments>http://blog.jedchristiansen.com/2010/08/18/visiting-white-bear-yard-in-london-timetric-and-smarkets/#comments</comments>
		<pubDate>Wed, 18 Aug 2010 21:48:54 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Entrepreneurial]]></category>
		<category><![CDATA[London Tech]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=412</guid>
		<description><![CDATA[White Bear Yard is a great little entrepreneurial home in North London, just off Clerkenwell Road in Camden. (It&#8217;s close to Farringdon and Chancery Lane Tube stations.) There are about 10 startups who have a home there, and they even have a Twitter account: @whitebearyard. I&#8217;m lucky enough to have friends in two of those <a href='http://blog.jedchristiansen.com/2010/08/18/visiting-white-bear-yard-in-london-timetric-and-smarkets/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.flickr.com/photos/nico_macdonald/770266932/" title="White Bear Yard, Clerkewell, London by Nico Macdonald, on Flickr"><img src="http://farm2.static.flickr.com/1257/770266932_f128d4ac14.jpg" width="500" height="333" alt="White Bear Yard, Clerkewell, London" /></a></p>
<p><a href="http://whitebearyard.com/">White Bear Yard</a> is a great little entrepreneurial home in North London, just off Clerkenwell Road in Camden.  (It&#8217;s close to Farringdon and Chancery Lane Tube stations.)  There are about 10 startups who have a home there, and they even have a Twitter account: <a href="http://twitter.com/whitebearyard">@whitebearyard</a>.</p>
<p>I&#8217;m lucky enough to have friends in two of those startups: <a href="http://timetric.com">Timetric</a> and <a href="http://smarkets.com">Smarkets</a>.  I got to know the Timetric guys back in early 2009 when Andrew, Dan and Toby had just started getting some really great press about their company.  The three founders are all PhD&#8217;s, so not only are they wicked smart but they&#8217;re also really great people.  I got to know Jason Trost of Smarkets back when he and his friend Hunter were just setting up the company and getting their gaming license approved.  Again, another great guy (and great company.)</p>
<p><strong><a href="http://timetric.com">Timetric</a></strong> is a data treasure trove and analysis platform.  They have over 1 million data series; everything from consumer price indices to FX rates to sports records that you can combine with your own data to mix and mash up.</p>
<p><strong><a href="http://smarkets.com">Smarkets</a></strong> is an online betting platform, going up against Betfair.  While they&#8217;re not as big as Betfair, they&#8217;re much more social.  You can communicate directly with other people on the site, and you won&#8217;t get overrun with the other games Betfair tries to push on you (poker, etc.)  Smarkets is WAY better than going to a bookie, because you&#8217;ll nearly always get better odds.</p>
<p>It was invigorating for me to hang out with them at the end of a long week.  Both Timetric and Smarkets are at that really interesting stage of a company where they&#8217;ve clearly built a great product, they&#8217;ve gotten some good early traction, and they&#8217;re working hard on ramping up.  Timetric is more of a B2B company, so is really matching their product to the needs of their existing/potential customers.  Smarkets is a B2C company, so is very hard at work at customer acquisition.  <strong>Speaking of which&#8230;</strong></p>
<h3>Give Smarkets a try!</h3>
<p>  <strong><a href="http://smarkets.com/r/4icD4TDZiuu">If you click here and make your first deposit you&#8217;ll get a &pound;5 bonus!</a></strong>  (I get a &pound;5 bonus, too, which is nice.)</p>
<p>It&#8217;s great to see a real ecosystem developing there, and it&#8217;s a fantastic space with a ton of smart people all on just a couple of floors.  Where I failed is not visiting earlier; <a href="http://social.venturebeat.com/2009/12/18/white-bear-yard-london/">the building has a fantastic roof garden that you can see in this article</a>.  I think there&#8217;s some great success yet to come from these guys.</p>
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		<title>Great management tip for new hires</title>
		<link>http://blog.jedchristiansen.com/2010/07/24/great-management-tip-for-new-hires/</link>
		<comments>http://blog.jedchristiansen.com/2010/07/24/great-management-tip-for-new-hires/#comments</comments>
		<pubDate>Sat, 24 Jul 2010 10:53:01 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=404</guid>
		<description><![CDATA[I was at a dinner a while ago with a well-respected Director of sales at Google. We were discussing hiring, and he mentioned one of the things he does with all of his new direct reports. I thought it was really smart and wanted to pass it on. He requires all of his new hire <a href='http://blog.jedchristiansen.com/2010/07/24/great-management-tip-for-new-hires/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>I was at a dinner a while ago with a well-respected Director of sales at Google.  We were discussing hiring, and he mentioned one of the things he does with all of his new direct reports.  I thought it was really smart and wanted to pass it on.</p>
<p>He requires all of his new hire direct reports to prepare a presentation to him after they&#8217;ve been on the job for three months.  The presentation is supposed to include things that have surprised them about Google, both good and bad.  The theory (and his experience!) is that after three months any new hire will have enough context to clearly see where the problems are, but not have lived with them for so long to have become immune to them.  His direct reports all have experience prior to Google and therefore have sufficient background to say either &#8220;Wow, this is fantastic&#8221; or &#8220;Wow, this is really a load of crap.&#8221;</p>
<p>The presentation isn&#8217;t hugely formal, but this kind of critical thinking at about the three-month point is a great way to get honest and quality feedback about the organizational status quo.  (Of course, then it&#8217;s up to the manager and his/her team to actually <strong>do</strong> something about it, but that&#8217;s for another time&#8230;)</p>
<p>Has anyone else had to do something similar, or required it of their new direct hires?</p>
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		<title>The Rural Alberta Advantage (special thanks to Songkick)</title>
		<link>http://blog.jedchristiansen.com/2010/05/30/the-rural-alberta-advantage-special-thanks-to-songkick/</link>
		<comments>http://blog.jedchristiansen.com/2010/05/30/the-rural-alberta-advantage-special-thanks-to-songkick/#comments</comments>
		<pubDate>Sun, 30 May 2010 11:04:47 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Entrepreneurial]]></category>
		<category><![CDATA[London Life]]></category>
		<category><![CDATA[Music]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=400</guid>
		<description><![CDATA[A couple weeks ago I became a die-hard fan of an awesome Canadian band: The Rural Alberta Advantage. How did it happen? I heard that they were playing in London, thanks to Songkick, and it was simply a brilliant show. You should all buy their album NOW. The Rural Alberta Advantage I first heard of <a href='http://blog.jedchristiansen.com/2010/05/30/the-rural-alberta-advantage-special-thanks-to-songkick/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>A couple weeks ago I became a die-hard fan of an awesome Canadian band: The Rural Alberta Advantage.  How did it happen?  I heard that they were playing in London, thanks to <a href="http://www.songkick.com">Songkick</a>, and it was simply a brilliant show.  You should all buy their album <strong>NOW</strong>.</p>
<h2>The Rural Alberta Advantage</h2>
<p>I first heard of them on Fred Wilson&#8217;s blog: AVC.com.  (If you haven&#8217;t heard of him, Fred is a famous venture capitalist who blogs on startups, venture capital and music.)  The band ended up hearing about making his top records of 2008 list, and ended up inviting him to a show in New York, which sounded awesome.  Links to his posts here:<br />
<a href="http://www.avc.com/a_vc/2008/12/top-10-records.html">http://www.avc.com/a_vc/2008/12/top-10-records.html</a><br />
<a href="http://www.avc.com/a_vc/2009/01/the-joys-of-mus.html">http://www.avc.com/a_vc/2009/01/the-joys-of-mus.html</a><br />
<a href="http://www.avc.com/a_vc/2009/01/the-avc-music-meetup.html">http://www.avc.com/a_vc/2009/01/the-avc-music-meetup.html</a><br />
<a href="http://www.avc.com/a_vc/2009/06/kickstarting-a-7.html">http://www.avc.com/a_vc/2009/06/kickstarting-a-7.html</a></p>
<p>So when I heard they were going to be in town, I bought tickets, and put their album into heavy rotation the week or so beforehand to really get a sense of what they were about.  The album was really good, but that doesn&#8217;t mean they were great live.</p>
<p>Well, it was a tiny club where I saw them, and the band is only three people, but they completely filled up the room with their sound and energy.  Each song was different and distinctive, partly because the singer (Nils) explained briefly some of the more obscure Canadian stories and landmarks that are behind the songs.  (ie, a tragic landslide that buried Frank, AB; the lyrics then make more sense and the song has a lot more soul.)</p>
<p>I find it tough to explain how awesome it is to see a great band in a small venue.  But I did find a few videos on YouTube that have decent sound, so I posted them here so you can check them out.</p>
<p><strong>Frank, AB</strong></p>
<p><object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/ze367SvpVxE&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/ze367SvpVxE&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object></p>
<p><strong>Edmonton</strong></p>
<p><object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/wyXyJuog1oQ&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/wyXyJuog1oQ&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object></p>
<p><strong>Eye of the Tiger</strong></p>
<p><object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/kkrYJ4J2gio&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/kkrYJ4J2gio&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object></p>
<p>Please, go and buy The Rural Alberta Advantage&#8217;s album &#8220;Hometowns&#8221; NOW.  (<a href="http://www.amazon.com/gp/product/B002A643J6?ie=UTF8&#038;tag=juntofutures-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=B002A643J6">Click here for Amazon MP3 link</a>.)</p>
<p><iframe src="http://rcm.amazon.com/e/cm?lt1=_blank&#038;bc1=000000&#038;IS2=1&#038;bg1=FFFFFF&#038;fc1=000000&#038;lc1=0000FF&#038;t=juntofutures-20&#038;o=1&#038;p=8&#038;l=as1&#038;m=amazon&#038;f=ifr&#038;md=10FE9736YVPPT7A0FBG2&#038;asins=B002A643J6" style="width:120px;height:240px;" scrolling="no" marginwidth="0" marginheight="0" frameborder="0"></iframe></p>
<h2>Songkick</h2>
<p>I&#8217;d be remiss in this story if I didn&#8217;t tell you about Songkick.  I&#8217;ve been a member since they were just coming out of beta.  If you love seeing live music, don&#8217;t walk but RUN to register on Songkick.</p>
<p><strong><a href="http://www.songkick.com/">Seriously&#8230; do it now.</a></strong></p>
<p>It&#8217;s simple, but brutally awesome.  You tell it what music you like and listen to (either through connecting it to iTunes or selecting manually), and then Songkick lets you know when those bands are going to be in your city.  Most importantly, they only tell you about the bands you&#8217;re interested, and they tell you before tickets go on sale.</p>
<p>Before Songkick I had to subscribe to a bunch of mailing lists just so I had a *chance* of hearing about when bands I like were coming to town, let alone getting tickets.  Now I just check my e-mail, figure out what I&#8217;m going to and when tickets go on sale, and GO.</p>
<p>Plus, for live music nerds like me there&#8217;s stuff like setlist archives, photos, videos and a whole bunch of other stuff for each concert that people can upload.  You can also learn more about specific venues, specific bands, festivals and more.</p>
<p>If you want to see what I uploaded and wrote about The Rural Alberta Advantage concert above, just check out this link and explore Songkick:</p>
<p><a href="http://www.songkick.com/concerts/4417566-rural-alberta-advantage-at-lexington">http://www.songkick.com/concerts/4417566-rural-alberta-advantage-at-lexington</a></p>
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		<title>The Checklist Manifesto &#8211; A hugely important book</title>
		<link>http://blog.jedchristiansen.com/2010/02/13/the-checklist-manifesto-a-hugely-important-book/</link>
		<comments>http://blog.jedchristiansen.com/2010/02/13/the-checklist-manifesto-a-hugely-important-book/#comments</comments>
		<pubDate>Sat, 13 Feb 2010 21:23:39 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Highly Recommended]]></category>
		<category><![CDATA[Inspiration]]></category>
		<category><![CDATA[Navy]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=386</guid>
		<description><![CDATA[Back in 2007 I read a fascinating article called &#8220;The Checklist&#8221; written by Dr. Atul Gawande in the New Yorker. Atul Gawande is a practicing surgeon, MacArthur Fellow, Rhodes Scholar and professor at Harvard Medical School and Harvard School of Public Health. The article described how a doctor convinced a group of hospitals in Michigan <a href='http://blog.jedchristiansen.com/2010/02/13/the-checklist-manifesto-a-hugely-important-book/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>Back in 2007 I read a fascinating article called &#8220;<a href="http://www.newyorker.com/reporting/2007/12/10/071210fa_fact_gawande?printable=true">The Checklist</a>&#8221; written by <a href="http://gawande.com/">Dr. Atul Gawande</a> in the New Yorker.  Atul Gawande is a practicing surgeon, MacArthur Fellow, Rhodes Scholar and professor at Harvard Medical School and Harvard School of Public Health.  The article described how a doctor convinced a group of hospitals in Michigan to do a wide-spread trial of a simple experiment: a checklist.  The checklist aimed simply at making sure staff completed five key steps to limit central line infections, an unfortunately common source of infections in hospitals.</p>
<p><strong>The result?</strong></p>
<p>In one hospital:</p>
<ul>
<li>10-day infection rate went from 11% to <strong>ZERO</strong></li>
<li>Prevented 8 deaths</li>
<li>Saved $2million in costs</li>
</ul>
<p>Across ICU&#8217;s in Michigan:</p>
<ul>
<li>In three months cut infections by 66%!</li>
<li>Typical ICU cut infection rate to ZERO</li>
<li>In 18 months, <strong>prevented 1500+ deaths</strong></li>
<li>In 18 months, <strong>saved $175,000,000</strong></li>
</ul>
<p>These are amazing results, and his book on checklists, &#8220;The Checklist Manifesto,&#8221; was recently published.  Click below to order it from Amazon.</p>
<p><iframe src="http://rcm.amazon.com/e/cm?lt1=_blank&#038;bc1=000000&#038;IS2=1&#038;bg1=FFFFFF&#038;fc1=000000&#038;lc1=0000FF&#038;t=juntofutures-20&#038;o=1&#038;p=8&#038;l=as1&#038;m=amazon&#038;f=ifr&#038;md=10FE9736YVPPT7A0FBG2&#038;asins=0805091742" style="width:120px;height:240px;" scrolling="no" marginwidth="0" marginheight="0" frameborder="0"></iframe></p>
<p>This book is inspiring, educational, engaging, riveting and fascinating.  It&#8217;s extremely well-written, and is a fairly easy read.  I&#8217;ve never written a blog post immediately after finishing a book, but I am now because not only is it GOOD, but this book is IMPORTANT.</p>
<p>Dr. Gawande led a huge study of a &#8220;safe surgery&#8221; checklist, a simple set of steps to be checked in each surgery.  It was used and studied in eight hospitals: four in the developed world (US, UK, etc.) and four in the developing world (Tanzania, New Delhi, Jordan, Manila).  Thousands of patients were studied for months before and after checklists were implemented.  The results?</p>
<ul>
<li>Rate of complications fell by 36%</li>
<li><strong>Deaths fell by 47%</strong></li>
<li>Infections fell by nearly half</li>
<li>Even in advanced hospitals in developed world, complications were decreased by one-third</li>
</ul>
<p>I mean&#8230;. <strong>WOW</strong>!  Cutting infection rates and death rates in surgery by half (with marginal differences between developed and developing countries) is simply incredible.</p>
<p>But here&#8217;s a choice quote from the book:</p>
<blockquote><p>Take the safe surgery checklist.  If someone discovered a new drug that could cut down surgical complications with anything remotely like the effectiveness of the checklist, we would have television ads with minor celebrities extolling its virtues.  Detail men would offer free lunches to doctors to make it part of their practice.  Government programs would research it.  Competitors would jump in to make newer and better versions.  If the checklist were a medical device, we would have surgeons clamoring for it, lining up at display booths at surgical conferences to give it a try, hounding their hospital administrators to get one for them &#8211; because, damn it, doesn&#8217;t providing good care matter to those pencil pushers?</p></blockquote>
<p>Checklists are powerful, and not just for surgery.  Gawande writes about data from investment managers and venture capitalists that shows that those that use checklists are much more successful than those that don&#8217;t.  They&#8217;ve been used in aviation for 70+ years, ever since airplanes became so complicated as to be dangerous without checklists.  The modern construction industry uses checklists to ensure their projects are safe and properly constructed.</p>
<p>I&#8217;m very familiar with checklists; operating a nuclear reactor in a US Navy submarine means you live with checklists in everything you do.  But I accepted it without too much thought since we had no idea there was any other way of running such a complicated machine.  It&#8217;s amazing to me that other complex professions don&#8217;t also use the same procedures.</p>
<p>Checklists are threatening to many people and professions.  Using them implies that professionals don&#8217;t know what they&#8217;re doing, that they don&#8217;t have the ability to do their jobs.  Even with the results described in surgery above, many surgeons still don&#8217;t use them.  (Despite the fact that they continually prove to save patients&#8217; lives, everywhere.)  As Dr. Gawande describes above, if the same results were achieved through a pill or machine, doctors and hospitals would be racing to adopt them!</p>
<p>Dr. Gawande goes into real detail not only in what makes a good checklist and how to develop them, but also why they work.  They work by simply making sure that key simple steps are accomplished, and by freeing your brain from concerning itself about the easy stuff (since the checklist will catch anything you miss).  This frees the brain to think about the hard stuff, and able to deal with complications more directly.  Good checklists also make communications easier, so that when things do go wrong, the experts involved can address them more directly.</p>
<p>Fundamentally, time after time, in study after study&#8230; checklists <strong>WORK</strong>.</p>
<h3>Summary</h3>
<p>This is a hugely important book, and I honestly can&#8217;t recommend it more highly,  It doesn&#8217;t matter what industry you&#8217;re in, if you deal with or manage complexity, you <strong>NEED</strong> to read it.  </p>
<p>If you want to efficiently improve your performance or your teams&#8217; performance quickly and substantially, a checklist is your way to do it.</p>
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		<title>A week of awesome tech/startup/cool stuff in Cambridge</title>
		<link>http://blog.jedchristiansen.com/2010/01/19/a-week-of-awesome-techstartupcool-stuff-in-cambridge/</link>
		<comments>http://blog.jedchristiansen.com/2010/01/19/a-week-of-awesome-techstartupcool-stuff-in-cambridge/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 00:21:21 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Cambridge Tech]]></category>
		<category><![CDATA[Entrepreneurial]]></category>
		<category><![CDATA[Geeking out]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=377</guid>
		<description><![CDATA[The week of 25-29 January 2010 is going to be absolutely awesome in Cambridge. There are three great events that you need to attend. Of these, it&#8217;s most important that you come to the Cambridge Tech Meetup. We&#8217;ll be kicking the year off with a bang and six &#8220;wicked awesome&#8221; technology demos, from people/companies based <a href='http://blog.jedchristiansen.com/2010/01/19/a-week-of-awesome-techstartupcool-stuff-in-cambridge/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<div style="text-align:center;"><img src="http://blog.jedchristiansen.com/wp-content/uploads/2010/01/Surfing_40_17250739.jpg" alt="Surfing_40_17250739.jpg" border="0" width="495" height="302" /></div>
<p>
The week of 25-29 January 2010 is going to be absolutely awesome in Cambridge.  There are three great events that you need to attend.</p>
<p>Of these, it&#8217;s most important that <a href="http://www.meetup.com/Cambridge-Tech-Meetup/calendar/12221063/">you come to the Cambridge Tech Meetup.  <strong>We&#8217;ll be kicking the year off with a bang and six &#8220;wicked awesome&#8221; technology demos, from people/companies based in Cambridge.</strong></a></p>
<p>
<h3>Tuesday &#8211; January 26th &#8211; Enterprise Tuesday</h3>
<p><strong>Time:</strong> 6:30-7:30pm lecture (registration from 6pm, networking afterward)<br />
<strong>Location:</strong> Lecture Theatre 0, Engineering Department, Trumpington Street<br />
<strong>Speakers:</strong> Neil Davidson, Co-Founder and joint CEO, Red Gate Software; Steve Barlow, Co-Founder, Alphamosaic; Alex Mehta, Communications Director, Judicium</p>
<p>Enterprise Tuesday is a great event, and the topic for next week is &#8220;Building a Dream Team.&#8221;  I recommend this specifically because I think incredibly highly of Neil Davidson, who co-founded <a href="http://www.red-gate.com">Red Gate</a> software and continues to serve as co-CEO.  (In addition to founding the Business of Software conference, serving as Chairman of the Cambridge Network, and starting the Springboard programme at Red Gate.)</p>
<p><strong>Link:</strong> <a href="http://www.cfel.jbs.cam.ac.uk/programmes/enterprise/timetable.html">http://www.cfel.jbs.cam.ac.uk/programmes/enterprise/timetable.html</a></p>
<p>
<p><h2>*** Wednesday &#8211; January 27th &#8211; Cambridge Tech Meetup ***</h2>
<p><strong>Time:</strong> 6:30pm doors for 7pm start of demos (additional Q&#038;A and discussion afterward)<br />
<strong>Location:</strong> Lecture Theatre 1, Judge Business School, Trumpington Street</p>
<p><strong>If you have to pick one event, come to the Cambridge Tech Meetup! </strong> (Yes, I started it with the help of many, many others.)</p>
<p>Six products will have has seven minutes to demo their technology/product; <strong>all of them developed in Cambridge</strong>!  Everything from new display technology to cool video search technology to audio analysis and 3d model building via webcam will be demo&#8217;ed.</p>
<p>Demo companies/technologies are:</p>
<ul>
<li>Light Blue Optics &#8211; <a href="http://lightblueoptics.com">http://lightblueoptics.com</a></li>
<li>Taptu &#8211; <a href="http://taptu.com/">http://taptu.com/</a></li>
<li>Cambridge IPTV &#8211; <a href="http://www.cambridge-iptv.com/">http://www.cambridge-iptv.com/</a></li>
<li>AudioAnalytic &#8211; <a href="http://audioanalytic.com/">http://audioanalytic.com/</a></li>
<li>ProFORMA &#8211; <a href="http://mi.eng.cam.ac.uk/~qp202/my_papers/BMVC09/">http://mi.eng.cam.ac.uk/~qp202/my_papers/BMVC09/</a></li>
<li>Prismastar &#8211; <a href="http://www.prismastar.com/">http://www.prismastar.com/</a></li>
</ul>
<p><strong>Link for info and to RSVP: <a href="http://www.meetup.com/Cambridge-Tech-Meetup/calendar/12221063/">http://www.meetup.com/Cambridge-Tech-Meetup/calendar/12221063/</a></strong></p>
<p><em>(The sharp-eyed among you will notice that this takes place shortly after the big Apple announcement on the 27th.  I&#8217;ll be sure to have the screen tuned to a live-blog or tweet-stream until the demo&#8217;s kick off.)</em></p>
<p>
<p><h3>Thursday &#8211; January 28th &#8211; Cambridge Business Lecture: Dan Pink</h3>
<p><strong>Time:</strong> 6pm start (networking afterward)<br />
<strong>Location:</strong> Robinson College, Grange Road<br />
<strong>Speaker:</strong> Dan Pink, best-selling author, writer, speaker</p>
<p>This event is a Cambridge Business Lecture, hosted by the <a href="http://www.cambridgenetwork.co.uk">Cambridge Network</a>.  Dan Pink is a great author/writer, and I think it&#8217;s just fantastic he&#8217;ll be speaking in Cambridge.  If you&#8217;re in town, go.</p>
<p>Link: <a href="http://www.cambridgenetwork.co.uk/events/article/default.aspx?objid=65628">http://www.cambridgenetwork.co.uk/events/article/default.aspx?objid=65628</a></p>
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		<title>Location-based apps: Flook, Gowalla, Foursquare</title>
		<link>http://blog.jedchristiansen.com/2009/12/31/location-based-apps-flook-gowalla-foursquare/</link>
		<comments>http://blog.jedchristiansen.com/2009/12/31/location-based-apps-flook-gowalla-foursquare/#comments</comments>
		<pubDate>Thu, 31 Dec 2009 16:24:48 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Entrepreneurial]]></category>
		<category><![CDATA[Geeking out]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=371</guid>
		<description><![CDATA[A lot of people have been talking about and playing with location-based applications these days. I wanted to put my two cents into the debate, specifically on Flook, Gowalla, and Foursquare. Flook Flook is the least-known of these three apps, but potentially the most interesting. Users take photos (which are automatically geo-tagged) and then add <a href='http://blog.jedchristiansen.com/2009/12/31/location-based-apps-flook-gowalla-foursquare/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>A lot of people have been talking about and playing with location-based applications these days.  I wanted to put my two cents into the debate, specifically on Flook, Gowalla, and Foursquare.</p>
<h2><a href="http://flook.it">Flook</a></h2>
<p>Flook is the least-known of these three apps, but potentially the most interesting.  Users take photos (which are automatically geo-tagged) and then add captions and information about the photo.  <strong>What&#8217;s cool is that if you go somewhere new, you can quickly pull up the interesting places nearest to you.</strong>  That might be a pub, a cool shop, or virtually anything else.  And of course there&#8217;s a comments section around each card, too.</p>
<p>For me, the current downfall of Flook is that it&#8217;s iPhone-only, and I&#8217;ve recently moved to an Android phone.  It&#8217;s also difficult to find and follow people you know, unless they&#8217;re in the same area and you see their cards normally.</p>
<p>Fundamentally, Flook is a hugely rich source of interesting information, with a *fantastic* user interface.  I highly recommend that you <a href="">download it for your iPhone</a> and try it out.  (Disclosure: I know the founders/investors of Flook, and think highly of them.)</p>
<p>PS- They&#8217;re currently running a competition to win a MacBook Air by just making cool Flook cards&#8230; <a href="http://flook.it/comp">check it out by clicking here</a>.</p>
<h2><a href="http://gowalla.com">Gowalla</a></h2>
<p>Gowalla competes directly with Foursquare, and I have to definitely give the edge to Gowalla.  It&#8217;s a beautifully made application, and <strong>what I love about it is the metaphor that Gowalla uses: a passport.</strong>  Users are encouraged to get &#8220;stamps&#8221; in their &#8220;passport&#8221; for visiting new places.  You earn and collect cool items from commissioning/founding new places, and can drop them off and pick up other cool items anywhere you visit.  It&#8217;s definitely helped me think about new and interesting pubs, restaurants, etc. near me.  (And of course see where your friends are checking in, too.)</p>
<p>While Gowalla has an iPhone app, their Android interface is through a web application.  (<a href="http://m.gowalla.com">http://m.gowalla.com</a>)  It has 80% of the functionality; the only major thing it&#8217;s missing is the ability to see and drop off your &#8220;items&#8221;.</p>
<p><b>[UPDATE]:</b>  I forgot this in my original post, but Gowalla lets you add locations anywhere in the world, and not just in particular cities like Foursquare.  For example, I was at a conference at a huge convention center in southwest Ireland recently and added that to Gowalla, no problem.  (Unlike Foursquare.)  Foursquare may be rolling out to new cities all the time, but Gowalla can be used anywhere in the world <b>right now</b>.</p>
<h2><a href="http://foursquare.com">Foursquare</a></h2>
<p>Foursquare is bigger (in number of users) than Gowalla and has top-flight investors (Union Square Ventures), but I just don&#8217;t care for it.  Its design is good, but not beautiful like Gowalla&#8217;s.  But the biggest thing is the metaphor of points &#038; mayorships that Foursquare uses.  Each week a user&#8217;s points gets reset, and you have to keep checking into places to get and keep your &#8220;mayorship.&#8221;</p>
<p><strong>To me, the metaphor of &#8220;mayorship&#8221; is a recipe for stagnation.  It encourages users to go back to the same places over and over, and the mayorship will likely only rotate amongst a small number of regulars.</strong>  For me, I quickly became the mayor of places where few other people checked in, and was out of the running for mayor-ships where I went regularly but where others checked in far more frequently.  In both cases, my incentives were to stop using it.</p>
<p>Now, Foursquare does have a native application for both iPhone and Android, and it has excellent advisors.  The founders previously started Dodgeball, a similar application which was bought by Google (where it stagnated) a couple years ago.  It will need some better execution to get over its current problems.  While Foursquare might be popular now with early adopters, I think it will have serious problems if/when it goes mainstream.</p>
<h2>Summary</h2>
<p>So <a href="http://flook.it/community/jedc/">I&#8217;m a Flook user</a> when I have my iPhone handy, and <a href="http://gowalla.com/users/jedc">I&#8217;m definitely a Gowalla user</a>.  Gowalla is great to track cool places I&#8217;ve been and where my friends go, and Flook is great to find interesting stuff that I might otherwise miss.  Definitely give both a try.</p>
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		<title>A Marc Andreessen blog archive</title>
		<link>http://blog.jedchristiansen.com/2009/10/15/a-marc-andreessen-blog-archive/</link>
		<comments>http://blog.jedchristiansen.com/2009/10/15/a-marc-andreessen-blog-archive/#comments</comments>
		<pubDate>Thu, 15 Oct 2009 10:48:50 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Announcements]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Entrepreneurial]]></category>
		<category><![CDATA[Highly Recommended]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=363</guid>
		<description><![CDATA[I noticed a few weeks ago that Marc Andreessen had deleted virtually everything off his blog. The only thing that&#8217;s left is the post announcing the formation of his VC firm, Andreessen Horowitz. I&#8217;ve been such a huge fan of Marc&#8217;s writing, and hated to see so many brilliant and incredibly helpful posts lost. So <a href='http://blog.jedchristiansen.com/2009/10/15/a-marc-andreessen-blog-archive/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>I noticed a few weeks ago that Marc Andreessen had deleted virtually everything off <a href="http://blog.pmarca.com">his blog</a>.  The only thing that&#8217;s left is <a href="http://blog.pmarca.com/2009/07/introducing-our-new-venture-capital-firm-andreessen-horowitz.html">the post announcing the formation of his VC firm, Andreessen Horowitz</a>.</p>
<p>I&#8217;ve been such a huge fan of Marc&#8217;s writing, and hated to see so many brilliant and incredibly helpful posts lost.  So I went to the <a href="http://www.archive.org/web/web.php">Internet Wayback Machine</a> and copy/pasted all the posts they had (through March 2008).  I had also subscribed to Marc&#8217;s blog via <a href="http://feedburner.google.com/">Feedburner</a> e-mail, so grabbed all of the e-mails I had saved to fill in the gaps.</p>
<p>To be clear, I have no ulterior motives other than making sure that Marc&#8217;s posts can be found and useful to entrepreneurs everywhere.  (And if Marc wants me to take it down, I would reluctantly do so&#8230; hopefully he won&#8217;t!)</p>
<p><a href="http://blog.pmarca.com">blog.pmarca.com</a> was like a meteor from June 2007 through the spring of 2008.  Here are a bunch of my favorite posts:</p>
<ul>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-1-why-not-t">The Pmarca Guide to Startups, part 1: Why not to do a startup</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-2-when-the">The Pmarca Guide to Startups, part 2: When the VCs say &#8220;no&#8221;</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-3-but-i-don">The Pmarca Guide to Startups, part 3: &#8220;But I don&#8217;t know any VCs!&#8221;</a></li>
<li><strong><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-4-the-only">The Pmarca Guide to Startups, part 4: The only thing that matters</a></strong></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-5-the-moby">The Pmarca Guide to Startups, part 5: The Moby Dick theory of big companies</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-6-how-much">The Pmarca Guide to Startups, part 6: How much funding is too little? Too much?</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-7-why-a-sta">The Pmarca Guide to Startups, part 7: Why a startup&#8217;s initial business plan doesn&#8217;t matter that much</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-8-hiring-ma">The Pmarca Guide to Startups, part 8: Hiring, managing, promoting, and firing executives</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-9-how-to-hi">The Pmarca Guide to Startups, part 9: How to hire a professional CEO</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-truth-about-venture-capitalists-part-1">The truth about venture capitalists, Part 1</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-truth-about-venture-capitalists-part-2">The truth about venture capitalists, Part 2</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-truth-about-venture-capitalists-part-3">The truth about venture capitalists, Part 3</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-career-planning-part-0-in">The Pmarca Guide to Career Planning, part 0: Introduction</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-career-planning-part-1-op">The Pmarca Guide to Career Planning, part 1: Opportunity</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-career-planning-part-2-sk">The Pmarca Guide to Career Planning, part 2: Skills and education</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-career-planning-part-3-wh">The Pmarca Guide to Career Planning, part 3: Where to go and why</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-big-companies-part-1-turn">The Pmarca Guide to Big Companies, part 1: Turnaround!</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-big-companies-part-2-reta">The Pmarca Guide to Big Companies, part 2: Retaining great people</a></li>
<li><a href="http://pmarca-archive.posterous.com/luck-and-the-entrepreneur-part-1-the-four-kin">Luck and the entrepreneur, part 1: The four kinds of luck</a></li>
<li><a href="http://pmarca-archive.posterous.com/counterpoint-ben-horowitz-on-micromanagement">Counterpoint: Ben Horowitz on micromanagement</a></li>
<li><a href="http://pmarca-archive.posterous.com/ceo-crime-and-punishment">CEO Crime &#038; Punishment</a></li>
<li><a href="http://pmarca-archive.posterous.com/the-three-kinds-of-platforms-you-meet-on-the-0">The three kinds of platforms you meet on the Internet</a></li>
<li><a href="http://pmarca-archive.posterous.com/age-and-the-entrepreneur-part-1-some-data">Age and the entrepreneur, part 1: Some data</a></li>
<li><strong><a href="http://pmarca-archive.posterous.com/the-pmarca-guide-to-personal-productivity">The Pmarca Guide to Personal Productivity</a></strong></li>
<li><a href="http://pmarca-archive.posterous.com/how-to-hire-the-best-people-youve-ever-worked">How to hire the best people you&#8217;ve ever worked with</a></li>
</ul>
<h2><a href="http://pmarca-archive.posterous.com">Click here for the full archive on pmarca-archive.posterous.com</a></h2>
<p>Some quick cautions and warnings!</p>
<ul>
<li>The link addresses aren&#8217;t changed, which mean they&#8217;re prefaced by the Internet Wayback Machine archive link.  If you look at the link you&#8217;ll figure out which part to delete to go to the right address.</li>
<li>Some videos have been taken down, or I couldn&#8217;t find the embed code.</li>
<li>I tried to include every post he made and not filter anything.  However, I may have missed a few.  Please let me know (via comment below) if you have any that aren&#8217;t in the archive.</li>
</ul>
<p>I hope this is useful to some of you out there.  And Marc, if you read this, I&#8217;m a big fan and only mean for this to help the millions of entrepreneurs you&#8217;ve inspired.</p>
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		<title>Why I chose to be an aero major?</title>
		<link>http://blog.jedchristiansen.com/2009/10/07/why-i-chose-to-be-an-aero-major/</link>
		<comments>http://blog.jedchristiansen.com/2009/10/07/why-i-chose-to-be-an-aero-major/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 00:54:50 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Aerospace]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=361</guid>
		<description><![CDATA[So my undergraduate degree is in aerospace engineering, from the University of Michigan. (Go BLUE!) As I wrote yesterday, I am and always will be an aero geek. But perhaps I also chose it for long-term earning potential? A blog post in the New York Times showed this graph of the &#8220;Top 10 College Majors <a href='http://blog.jedchristiansen.com/2009/10/07/why-i-chose-to-be-an-aero-major/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>So my undergraduate degree is in aerospace engineering, from the <a href="http://www.umich.edu">University of Michigan</a>.  (Go BLUE!)  <a href="http://blog.jedchristiansen.com/2009/10/06/more-on-spacex/">As I wrote yesterday</a>, I am and always will be an aero geek.</p>
<p>But perhaps I also chose it for long-term earning potential?  A <a href="http://economix.blogs.nytimes.com/2009/07/20/do-elite-colleges-produce-the-best-paid-graduates/">blog post in the New York Times</a> showed this graph of the &#8220;Top 10 College Majors That Lead to High Salaries&#8221;:</p>
<div style="text-align:center;"><img src="http://blog.jedchristiansen.com/wp-content/uploads/2009/10/payscalemajors.jpg" alt="payscalemajors.jpg" border="0" width="491" height="477" /></div>
<p>Of course, I didn&#8217;t choose it for the salaries; I just love aerospace technology.</p>
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		<title>A tale of two (entrepreneurial) cities</title>
		<link>http://blog.jedchristiansen.com/2009/09/30/a-tale-of-two-entrepreneurial-cities/</link>
		<comments>http://blog.jedchristiansen.com/2009/09/30/a-tale-of-two-entrepreneurial-cities/#comments</comments>
		<pubDate>Wed, 30 Sep 2009 16:38:18 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Cambridge Tech]]></category>
		<category><![CDATA[Entrepreneurial]]></category>
		<category><![CDATA[Highly Recommended]]></category>
		<category><![CDATA[Inspiration]]></category>
		<category><![CDATA[OpenCoffee Cambridge]]></category>

		<guid isPermaLink="false">http://blog.jedchristiansen.com/?p=326</guid>
		<description><![CDATA[I got my bachelor&#8217;s degree (Aerospace Engineering) from the University of Michigan, which is located in the lovely town of Ann Arbor, Michigan (about a 45 minute drive from Detroit). As one of the top research universities in the US, the greater Ann Arbor area is home to major R&#038;D facilities and company headquarters from <a href='http://blog.jedchristiansen.com/2009/09/30/a-tale-of-two-entrepreneurial-cities/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<div style="text-align:center;"><img src="http://blog.jedchristiansen.com/wp-content/uploads/2009/09/800px-MichiganUnion.jpg" alt="800px-MichiganUnion.jpg" border="0" width="400" height="267" /></div>
<p>I got my bachelor&#8217;s degree (Aerospace Engineering) from the <a href="http://www.umich.edu">University of Michigan</a>, which is located in the lovely town of <a href="http://en.wikipedia.org/wiki/Ann_Arbor">Ann Arbor, Michigan</a> (about a 45 minute drive from Detroit).  As one of the top research universities in the US, the greater Ann Arbor area is home to major R&#038;D facilities and company headquarters from the pharmaceutical, automotive, and engineering industries.  There are interesting, fun things to do all the time in Ann Arbor.</p>
<div style="text-align:center;"><img src="http://blog.jedchristiansen.com/wp-content/uploads/2009/09/KingsCollegeChapelWest.jpg" alt="KingsCollegeChapelWest.jpg" border="0" width="400" height="300" /></div>
<p>I got/am getting my MBA degree from <a href="http://www.cam.ac.uk">Cambridge University</a>, in the ancient town of <a href="http://en.wikipedia.org/wiki/Cambridge">Cambridge, UK</a> (about a 45 minute train from London).  As one of the top research universities in the world, Cambridge is home to major R&#038;D facilities and company headquarters from the semiconductor, software, and general technology industries.  There are interesting, amazing things to do all the time in Cambridge.</p>
<hr />
<h2>Theory on resources</h2>
<p>I believe strongly in the notion that prosperity leads directly from two things: <strong>natural resources and population size</strong>.  (It&#8217;s a big reason why the US economy has been so dominant: amazingly large &#038; diverse land mass with a large enough population to exploit it.)  <a href="http://blogs.wsj.com/economics/2008/08/08/want-to-predict-olympic-champs-look-at-gdp-2/">As an example, there is an extraordinary correlation between the Olympic medal table and just five factors</a>:</p>
<ul>
<li><strong>GDP</strong></li>
<li><strong>Population size</strong></li>
<li>political structure</li>
<li>climate</li>
<li>home nation bias</li>
</ul>
<p>The same elements apply to cities and their business cultures.  As most of the western world generally has the same political structure, and home nation bias is irrelevant in this argument, the only things that matter are GDP, Population size and climate.  It&#8217;s here that Ann Arbor and Cambridge are strangely similar.</p>
<p>According to Wikipedia, Ann Arbor boasts a population of 114,000 with students making up 32% of that.  Greater Cambridge boasts a population of 130,000 with students making up 17% of that.  As I mentioned above, both are home to major tech employers.  (Strangely, both have engineering centers that are both well away from the main University centers&#8230; in Cambridge: the West Cambridge site, and in Ann Arbor: North Campus.)  Even the climates are fairly comparable, though Cambridge doesn&#8217;t get quite as warm, or quite as cold, as Ann Arbor.</p>
<p>But what I want to address are the differences.  As I am now tied more strongly to Cambridge, I&#8217;d like to show how those differences can provide lessons to the Cambridge community.</p>
<hr />
<h2>Advantages of each</h2>
<h3>Cambridge&#8217;s advantages over Ann Arbor</h3>
<p>A huge advantage that Cambridge has over Ann Arbor is its next largest neighbor.  Ann Arbor is closest to Detroit, which is slowly coming to grips with the fact that it will never come close to being the legendary Motown again.  Detroit (and the entire state) is suffering from severe economic hardship, and unfortunately it&#8217;s not going to end anytime soon.</p>
<p>Cambridge is lucky in that the closest city is London.  London has weathered the recent economic hardships well, and is still a leading center for the financial and media industries throughout Europe.  Being an easy 45 minute commute away truly puts the world at Cambridge&#8217;s doorstep.  (Key airports also put most of Europe less than half a day of travel away.)</p>
<p>Another advantage Cambridge has over Ann Arbor is Cambridge University.  Where the University of Michigan is one of the best US universities, Cambridge is world-class.  Literally, Cambridge University been ranked as one of the top 3 universities in the world.  The number of incredibly smart people around the city is vast.</p>
<p>Finally, Cambridge has a huge funding advantage.  Because of Cambridge&#8217;s history in the last 50 years in the tech world, there are a lot of accomplished investors between the angels and VC&#8217;s in the city.  The city is still seen as a strong source of leading-edge technology; for example, Xen Source (since acquired by Citrix) was one of the few international investments from <a href="http://www.kpcb.com/">Kleiner Perkins</a>.</p>
<h3>Ann Arbor&#8217;s advantages over Cambridge</h3>
<p>Ann Arbor has its own advantages over Cambridge.  For one, the standard of living is cheaper.  (Partly because of the general malaise in Michigan, partly because it&#8217;s a student town, and partly because exchange rates favor the dollar.)  This makes it generally easier to start a business since your cash lasts longer.</p>
<p>Ann Arbor has some great facilities.  <strong>I <em>highly</em> encourage people in Cambridge to check out this site: <a href="http://www.techbrewery.org/">Tech Brewery</a>.</strong></p>
<div style="text-align:center;"><a href="http://www.flickr.com/photos/dugsong/3459093439/"><img src="http://blog.jedchristiansen.com/wp-content/uploads/2009/09/TechBrewery.jpg" alt="TechBrewery.jpg" border="0" width="500" height="130" /></a></div>
<p>The Tech Brewery is an old brewery that&#8217;s been converted to offices for entrepreneurs &#038; startups for just $50-$250 a month.  It&#8217;s pretty close to both central Ann Arbor and the College of Engineering campus.  Looking at the site, twelve companies are located there, including <a href="http://olark.com">Hab.la/Olark</a>, a <a href="http://ycombinator.com">Y Combinator</a> company.  <strong>That&#8217;s</strong> a space that will attract interesting, vibrant startups.</p>
<p>(On this note, there is a bit of a shining beacon in Cambridge.  <a href="http://www.red-gate.com/">Red Gate Software</a>, through its co-CEO Neil Davidson, has built something a bit similar at their headquarters in Cambridge.  In addition to hosting the new <a href="http://springboard.red-gate.com/">Springboard</a> program, they&#8217;re also home to a group of startups that work from the Red Gate offices and get to share in the free food there.)</p>
<p>But Ann Arbor also has the <a href="http://workantileexchange.com/">Workantile Exchange</a>, located in the center of town.  It&#8217;s essentially a cool (and again, attractive) co-working space attached to a coffee shop.</p>
<div style="text-align:center;"><img src="http://blog.jedchristiansen.com/wp-content/uploads/2009/09/thespace.jpg" alt="thespace.jpg" border="0" width="500" height="334" /></div>
<p>Additionally, Ann Arbor has the Center for Entrepreneurship.  It has a <a href="http://cfe.engin.umich.edu/about">pretty focused goal</a>: it&#8217;s a &#8220;Michigan Engineering venture that <strong>empowers students, faculty and staff to pursue entrepreneurial achievements</strong> that improve people&rsquo;s lives, drives the economy and helps innovators bridge the gap between inventors and venture capitalists.&#8221;  </p>
<p>(Compare that to the Cambridge Centre for Entrepreneurial Learning.  It&#8217;s <a href="http://www.cfel.jbs.cam.ac.uk/about/index.html">goal is more educational</a>: &#8220;to &#8216;Spread the Spirit of Enterprise&#8217; by providing <strong>educational activities to inspire and build skills</strong> in the practice of entrepreneurship.&#8221;  In other words, while Cambridge focuses on <strong>learning</strong>, Ann Arbor focuses on <strong>doing</strong>.)</p>
<p>Finally, there is simply a bit of a culture gap.  I&#8217;ve simply been told too many times, &#8220;Of course; it takes an American to start Cambridge Tech Meetup / Cambridge OpenCoffee.&#8221;  It&#8217;s honestly a little depressing that that was the case.</p>
<hr />
<h2>What can Cambridge take from this comparison?</h2>
<h3>Entrepreneurs will naturally cluster&#8230; help them</h3>
<p>I would LOVE it if Cambridge had a space similar to Ann Arbor&#8217;s Tech Brewery.  A cool, convenient, cheap place to work with fellow geeks.  While there are hopeful signs between Red Gate and the Hauser Forum, I think there simply needs to be a space near the <strong>center</strong> of Cambridge that can accommodate 10-20 startups, or around 60 people.</p>
<p>I don&#8217;t think this can or should happen at St. John&#8217;s Innovation Center or at the Cambridge Science Park&#8230; they&#8217;re too far out from the city center.  (Red Gate&#8217;s office works because they&#8217;ve got amenities like proper food on site.)  Young startups need to be in a vibrant atmosphere, which generally doesn&#8217;t exist right now.</p>
<p>There is the <a href="http://www.citylifeltd.org/page/80/citylife-house.htm">CityLife Social Enterprise Centre</a>, which has very cheap office space and is home to a number of small companies.  (Some who were there last year have since moved to Red Gate&#8217;s offices, though new ones have also moved in.)  This is absolutely the right idea.  Unfortunately, I understand that the owner of the building is looking to tear it down &#038; redevelop it; CityLife is in there for the next year or two until that happens.</p>
<p>Unfortunately, finding/creating an <strong>attractive</strong> space takes effort, resources (both time and money), and a decent business plan.  I know the economics can work, though it might require a bit of &#8220;barn-raising&#8221; to make it happen.  Just take a look at the space that Ann Arbor&#8217;s Tech Brewery has to offer above&#8230; surely Cambridge can do something similar!</p>
<h3>A focus on Doing, not Learning</h3>
<p>The Cambridge Centre for Entrepreneurial Learning is a good institution.  <strong>My criticism is its focus on Learning&#8230; not Doing</strong>.  Business plan competitions are fine, <a href="http://www.cfel.jbs.cam.ac.uk/programmes/enterprise/index.html">Enterprise Tuesday</a> is interesting the first year or two (until you&#8217;re tired of hearing the same sessions/advice every year), and teaching students the elements of building a business is great.  But it never extends to actively supporting the startups that are trying to get off the ground.  A simple example&#8230; where is the list of student startups from Cambridge?  <a href="http://cfe.engin.umich.edu/startups">Here&#8217;s the one from Ann Arbor</a>.</p>
<p><a href="http://www.enterprise.cam.ac.uk/">Cambridge Enterprise</a> should be in a position to help, but its focus is on commercializing university IP&#8230; not helping generic startups get off the ground.  (Where a startup is leveraging university IP is clearly a different story, and they do offer free 40-minute business &#8220;surgeries&#8221; to anyone.)</p>
<p>This is one of the main reasons why I started the <a href="http://www.meetup.com/Cambridge-Tech-Meetup/">Cambridge Tech Meetup</a>&#8230; <strong>to celebrate Doers</strong>.  To help promote the entrepreneurs and businesses that aren&#8217;t just learning about taking a new technology to market, but those that are actually <strong>doing</strong> it.  (There were many others, but this was a big one.)</p>
<p>Now, this isn&#8217;t to say that people in Cambridge just talk about new technologies and products, and don&#8217;t develop them.  There are plenty of companies around that are &#8220;doing&#8221;.  But the University and the organizations in orbit around the University, <strong>those that have the biggest effect on potential student entrepreneurs</strong>, need to switch their focus from learning to doing.</p>
<p>There are amazing lectures in Cambridge all the time; it&#8217;s all part of the 800-year-old Cambridge tradition of learning.  To help breed more and better startups, the culture needs to believe in building and making things just as strongly.  Which leads me to the next point below&#8230;</p>
<h3>More smaller, dynamic groups</h3>
<p>Here is a sampling of Ann Arbor groups: <a href="http://www.a2newtech.org/">Ann Arbor New Tech Meetup</a>, <a href="http://a2geeks.org/display/geek/Home">a2geeks</a>, <a href="http://groups.google.com/group/a2buildbunker">a2buildbunker</a>, <a href="http://coffeehousecoders.org/">CoffeehouseCoders</a>, <a href="http://www.igniteannarbor.com/">Ignite Ann Arbor</a>, <a href="http://www.a2makerfaire.com/">A2 Mini Maker Faire</a>.</p>
<p>Whereas in Cambridge, I know about <a href="http://www.meetup.com/Cambridge-Tech-Meetup/">Cambridge Tech Meetup</a>, <a href="http://www.meetup.com/CambridgeOpenCoffee/">Cambridge OpenCoffee</a> (which has been a bit anemic lately), <a href="http://superhappydevclub.org/">SuperHappyDevClub</a>, <a href="http://refreshcambridge.org/">Refresh Cambridge</a>, <a href="http://cambridgegeeknights.net/">Cambridge Geek Nights</a> and <a href="http://www.cambridgegeekday.com/">Cambridge Geek Day</a>.  (There are also paid events, like <a href="http://www.amiando.com/fowatour2009.html">FOWA Tour Cambridge</a> and <a href="http://www.amiando.com/stackoverflowdevdays-cambridge.html">StackOverflow Dev Day</a>).</p>
<p>Oh, but wait&#8230; <strong><a href="http://a2geeks.org/display/geek/Groups">there are over 50 more groups for Ann Arbor listed here</a></strong>.</p>
<p>Cambridge needs to have people just plant a flag in the ground and start a group that focuses on cool stuff.  This seems to be far more of a cultural issue than a capability issue.  Individuals with some talent just need to get a small group together, do cool stuff, and make sure people talk about it.  Of course some aggregation will be necessary to help people find the right groups&#8230; I&#8217;d be happy to advertise any and all of these at Cambridge Tech Meetups to help spread the word.</p>
<hr />
<h2>Summary</h2>
<p>This started as a tale of two cities, but ended in lessons for the city of Cambridge.  I&#8217;m just one person, these are just my opinions, and I&#8217;m sure there will be plenty of people that will disagree with me.  But being in the midst of the startup scene in Cambridge has left me with an overarching feeling: <strong>poorly-tapped potential</strong>.</p>
<p>Cambridge is a fantastic city.  There&#8217;s amazing talent, reaching from university labs to local startups to the R&#038;D centers that are scattered around the city.  There&#8217;s money ready to invest in cool new technologies and products.  There&#8217;s mentors all over that have lived their startup experience and can help others&#8217; with theirs.</p>
<p><strong>What Cambridge needs is a cultural tune-up.</strong>  (aka, a collective swift kick in the ass to go out there and <strong>MAKE</strong> something.)  Some of the important things I think should happen:</p>
<ul>
<li>A place for startups to cluster</li>
<li>A new focus on <strong>doing</strong></li>
<li>A whole mess of small, dynamic groups that do different cool things</li>
</ul>
<p>Going to see speakers and hear talks is fine.  (There are millions in Cambridge.)  But lets start taking that <strong>knowledge</strong> and turn it into <strong>action, products, and companies.</strong></p>
<hr />
<h2>What are your thoughts?</h2>
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		<title>Recap of feedback on &#8220;Copying Y Combinator&#8221;</title>
		<link>http://blog.jedchristiansen.com/2009/09/28/recap-of-feedback-on-copying-y-combinator/</link>
		<comments>http://blog.jedchristiansen.com/2009/09/28/recap-of-feedback-on-copying-y-combinator/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 11:58:41 +0000</pubDate>
		<dc:creator>jed</dc:creator>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Cambridge MBA]]></category>
		<category><![CDATA[Entrepreneurial]]></category>
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		<description><![CDATA[Last week I finally posted my Cambridge MBA dissertation/individual project on the web. I was amazed at the traffic it brought! But I also wanted to address some of the things that people brought up in the discussions. Traffic According to Google Analytics, that post alone received over 2600 pageviews. Over 1200 of those came <a href='http://blog.jedchristiansen.com/2009/09/28/recap-of-feedback-on-copying-y-combinator/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>Last week <a href="http://blog.jedchristiansen.com/2009/09/21/copying-y-combinator-why-and-how/">I finally posted my Cambridge MBA dissertation/individual project on the web</a>.  I was amazed at the traffic it brought!  But I also wanted to address some of the things that people brought up in the discussions.</p>
<h3>Traffic</h3>
<p>According to Google Analytics, that post alone received over 2600 pageviews.  Over 1200 of those came from <a href="http://news.ycombinator.com">Hacker News</a> alone.  Though the link was tweeted and re-tweeted all over (just check out the comments section to see the list), I got less than 200 page views from Twitter.  It also got bookmarked 45 times on <a href="http://delicious.com">Delicious</a>.</p>
<p>I&#8217;m honestly just really happy that people found it interesting!  I post the stats above because I think it&#8217;s useful to have some data points about where traffic does &#038; can come from.</p>
<h3>Strategic Level vs. Tactical Level</h3>
<p>In hindsight, I didn&#8217;t distinguish as much as I could have between the strategic choices in starting a new seed accelerator program and the tactical choices.  This is where perhaps some of the comments/criticism/mis-understanding came from.</p>
<p>The <strong>Strategic</strong> choice has to do with the most basic analysis of what resources you have available, and how you can structure the program to take advantage of them.  <strong>Your goal should be a program that is strong enough to be essentially independent of location</strong>; it should instead be dependent on the people and resources (connections to appropriate investors, customers, advisors) available.  <strong>Startups working in your defined niche should want to come to your program above all others, no matter where it&#8217;s located.</strong></p>
<p>Now while I&#8217;m not saying that a pure Y Combinator clone in Wyoming will never work, just that it will never be competitive with the real Y Combinator unless the resources provided to entrepreneurs are better than they could get through Y Combinator.  Now the goal may not be financial success, but building an ecosystem.  But even if that&#8217;s the goal, local startups have an incentive to go where they have the greatest chance of success.  If that&#8217;s not your program, then you&#8217;ll only be helping a lesser quality company.</p>
<p>The <strong>Tactical</strong> choices are pretty much everything else.  Once a seed accelerator founders have identified a focus where they have a true competitive advantage, then they can decide elements such as program length, investment and equity size, office space, etc.  It&#8217;s important to recognize these as tactical decisions, versus the strategic focus decisions.</p>
<p>Thanks to everyone that read, linked to and commented on my paper and post.  I really appreciate it!</p>
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