MG Siegler proves he doesn’t understand hard tech

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Part of me loves reading MG Siegler, part of me hates reading him.  He’s clearly an Apple fanboy (and therefore an Android/Google-hater), but he’s also a very clear, opinionated and distinctive writer.  MG is also a fellow University of Michigan alum.

But then yesterday I read his post titled “Power“.  In it, he talks about the biggest takeaway from SXSW was battery life, and how it’s becoming a bigger and bigger issue with phones, tablets, etc.  This is very true, battery life will determine size and capability of future devices.  But then he writes this:

I want a laptop that lasts for a week on one charge. I want a cellphone that lasts a month. I want to be able to go to SXSW without a Mophie in each pocket. I don’t want to have to be constantly worrying about battery life every single time I leave my house.

Today’s battery technology is holding back several other advances in technology in major ways. And we are about to see just how bad the situation is in the coming months. Maybe wireless power sources that constantly charge and re-charge devices is the ultimate answer. But it just seems like battery technology is really ripe for disruption.

What a idiotic Silicon Valley-centric viewpoint!  The world of battery technology is one that depends on chemistry and material science.  Moore’s Law has worked for transistors, but no other field of hard science works that way.

In software, new technologies and techniques can be conceptualized, built, and deployed industry-wide in a flash.  Google described the MapReduce framework in 2004; in just a few years it was virtually an industry standard for Big Data applications.  This happens all the time, and because of it, Silicon Valley types get used to that rapid clip of innovation.  But this pace of change is the exception, not the norm.

The companies behind batteries and battery technology are fighting tooth-and-nail for every advantage they can get.  Any company that’s successful can build a billion-dollar advantage in the market.  I worked for years with lead-acid, Nickel-Metal-Hydroxide, and Silver-Zinc batteries; each has their own styles of deficiencies.

MG comes across as an Silicon-Valley-centric arrogant jerk saying that “battery technology is really ripe for disruption.”  It implies that all he needs to do is call attention to this problem, and two hackers in a garage will start experimenting and build a battery that’s better than anything else on the market.  The reasons improving battery technology is tough is because the chemistry and material science problems are orthogonal; the work isn’t x*2, it’s x^2.  Even once you’ve solved the key problems, manufacturing at the scale required for specific use cases becomes a third problem, since it forces a re-evaluation (and sometimes a complete re-design) of the original chemistry and material science problems.

So when I read MG’s post, I really lost a lot of respect for him.  Just because a VC wishes he could have a better battery, doesn’t change the laws of nature.

A new home for seed accelerator resources

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In the summer of 2009, I wrote a paper called “Copying Y Combinator: a framework for developing seed accelerator programmes” and posted it here with links to all the background research and data that I had compiled.

Ever since I’ve received a lot of requests to share various spreadsheets, questions about the paper, and comments from people involved or interested in seed accelerators.  I’ve come to realize that while it was fine having things scattered about on my blog and in various Google Docs, it wasn’t ideal.

Today, I’m happy to announce a few things:

First, I’ve created a “Seed Accelerator knowledge base” site.  Everything I’ve written or compiled on Y Combinator and other seed accelerators can be found there.  It’s very bare-bones right now, but hope to flesh it out in the coming weeks/months.

Second, I’m starting a newsletter on seed accelerators.  (Sign up at the bottom of this post.)  I promise it will be low traffic (about 1 email/month) and high signal/noise ratio.

(I’ve also created a page on this site to make sure visitors can always find their way to anything I’ve done related to seed accelerators)

What the future holds

Eventually I’d like to turn the knowledge base into a webapp of sorts, probably tied into Crunchbase.  This will allow for better analysis of the data over the long-term.  If entrepreneurs and the people that fund them have access to key signals (1st tier – #/value of exits, 2nd tier – # still operating/alive, 3rd tier – #/value fundraised) then everyone will be able to make better choices.

If you have any comments or recommendations, please let me know!

A new responsive design!

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I’m happy to announce that this small, little blog of mine now has a responsive design!

Okay… now what the hell does that mean?  It means that no matter what device you use to come to my blog, it’s always going to be readable and look nice.  If you see this on a desktop browser, it will have multiple columns and full-size images.  If you read it on a mobile browser (aka iPhone/Android), it will just be one column, and the images will have scaled down to fit the screen.  Want a better example?  If you’re reading this on your desktop, slowly change the size of the window (drag the bottom right corner of your screen) until it’s as small as you can make it.  As you do it, you’ll see how the blog’s design changes to fit the way you’re reading it.

I wish I could say I did this myself, but in fact I used the Scherzo theme from Leon Paternoster.  If you’re a design novice like myself and use WordPress, it’s very easy to implement.

It’s hard to state how much of a sea change this is in web design, and it was all started by Ethan Marcotte.  (I’m lucky enough to count him as a brother-in-law.)  If you are a web designer, make sure you buy his book on responsive design.  Read it, and use it!

Ferran Adria – speaking at Google and his new book

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In late September I was lucky enough to be able to hear Ferran Adria speak at Google, and also get a copy of his new cookbook.  Ferran is one of the most famous chefs in the world; though lesser known in the US/UK since he doesn’t speak English and doesn’t have TV shows.  His restaurant (elBulli) was named the best restaurant in the world for four years straight.

What Ferran is really known for is his creativity.  He pioneered “molecular gastronomy”, where chefs do absolutely crazy stuff to create new flavors and textures.  But unlike other chefs, he did this not just with the food but with the entire restaurant!  In order to have the time available to be creative, he shut the restaurant down for half the year.  In order to have time to be creative even when they were open, they shut for lunch.

His talk was all about creativity, and was recorded below.  It’s pretty slow to watch, since he’s speaking Spanish and everything is translated live.  But if you’re interested at all in food, cooking and creativity, he has a thought-provoking perspective on creativity.

I sat next to a woman who practices “visual notetaking” and grabbed her notes from the talk from Flickr.  (Click image to get to the original)  Ferran’s talk is the bottom part of the page, under the dotted line.:

Ferran Adria talking about Creativity @ Authors at Google

The points from her notes are clear.  His definition of creativity is simple: not copying.  Some forms of creativity are more simple, such as new ingredients in an omelette.  Others are more complex, like re-defining what an omelette can be.

Another key perspective is that creativity depends on production.  If you can’t breathe life into your idea (or at least give it a go!), then it’s debatable if you were ever creative at all.

Finally, we all got/bought copies of his newest book, “The Family Meal.”  I heartily recommend it.  The recipes are what the staff at elBulli restaurant would eat before restaurant service.

There are a few awesome things about this book:

  • The recipes are laid out as 31 complete 3-course meals (starter, main, dessert).  One month of meals, with a lot of variety amongst them.
  • Each meal gives you ingredient portions for 2 people (yay! for couple portions), 6 people, 20 people, or 75 people.
  • It’s a picture book; each recipe is on two pages; ~15 photos for each recipe showing what it should look like at each step of preparation
  • Each three-course meal has an outline of when you need to start each major step of preparation (2 hours before, 30 minutes before, night before, etc.
  • Each three-course meal also has a condensed list of ingredients, and what should be bought fresh, what you should fine in the cupboard, and what you should find in the refrigerator.
  • There’s some great advice on different preparation techniques that’s invaluable for home chefs (like me) that don’t have a formal cooking education

Again, I highly recommend his book and the video above; Ferran thinks about creativity on a different level from nearly anyone else.

Ten years on…

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Ten years ago, I was Engineering Duty Officer on the USS Hartford (SSN-768), in port in Groton, Connecticut.  We were due to leave on a six-month deployment, and were doing last-minute maintenance checks.  That day was extraordinary; within hours we had closed out all the maintenance and were effectively ready to go.  (And security on the base changed incredibly quickly.)

For the rest of the week, we didn’t know if would be sent to sea that day, the next day, or on our originally scheduled date.  In the end, we left about a week after 9/11 for our six months at sea.

I have a strange relationship with 9/11 because of all of this.  The Hartford left just after 9/11, and we got back to the US it was the end of March, 2002.  We got very little news during that period, we missed all of the memorial events, the unity of the country, and the invasion into Afghanistan.  (Though we were in the Gulf during the invasion, our boat didn’t directly participate.)  By the time we got back, we saw all the flags on the interstate overpasses, the yellow ribbons everywhere, and all of the other signs.  The country had moved in and done a lot of healing in those six months, and I hadn’t been involved.

I was fortunate enough not to know anyone that was killed in any of the attacks.  And with time, my experiences feel like they’ve gotten closer to everyone else’s.  But a six-month hole between my experiences and the country’s collective consciousness is still a strange gulf to bridge.

University of Michigan – famous alumni notes

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It always strikes me that the University of Michigan does a great job of promoting more distant famous alumni, but not always the more recent famous alumni.  (I was an undergraduate there, so I’m interested in this.)

Advertising / Google

One thing that most people don’t know is that the two largest online advertising companies were both founded by University of Michigan graduates.  And not only that, they were both UofM College of Engineering students!  Who am I speaking of?

Larry Page – CEO/co-founder, Google

Kevin O’Connor – co-founder/ex-CEO, Doubleclick

And of course, Doubleclick was purchased by Google for ~$3billion back in 2008.  I’m curious how much the two of them spoke during/after the negotiations about their common history back in Ann Arbor!

Groupon – a story

I’m not a big fan of Groupon… at all.  I signed up in London for a while, but the offers were crap, and it took me ages to get off of all their different lists they had added me to.  It’s not the daily deal format I hate; I like Keynoir which is a similar site here in London because they tend to have offers that I actually want to buy.

Another reason I don’t like Groupon is the way they run their business.  Despite the fact they’re still not profitable, the founders got massive cash payments last year.  So while Groupon was raising close to $1billion to keep the business going (because it wasn’t profitable), the founders were taking hundreds of millions of dollars of the funding investors were giving them.  This is just WRONG, even if the investors were greedy enough for a part of Groupon that they didn’t argue.  If you haven’t built a business to profitability, you should be able to cash out anything more than a token amount… ever.

I recently learned that one of the founders of Groupon (Eric Lefkofsky) was behind one of the worst student activism campaigns ever at the University of Michigan: trying to adopt a cute, cuddly mascot for the Michigan Wolverine sports teams.  Michigan had previously toyed with mascots; back in the 1920′s the University brought a live wolverine in a cage to football games.  But since wolverines are actually mean, vicious creatures, that only lasted a year or two.

But in the late 1980′s Eric Lefkofsky was part of a trio of students that came close to adopting “Willy the Wolverine” as a University mascot.  Luckily they managed to piss the University off by infringing on official trademarks and doing similar stupid stuff that after they graduated the effort lost momentum.  But this was the final nail in the Groupon coffin for me; even if they grow into the biggest company on earth, I’ll never have respect for them.

(If you want to learn more about the Michigan mascot (that rarely existed), check out the Alumni Association story “The Wolverine that wasn’t.”)

Google+

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If you haven’t heard, Google+ has launched.  It’s the start of Google’s social projects, and it looks like it’s already the start of something big.  (>10million users in <2 weeks!)

If you’re interested, you can follow me on Google+ here.

EDIT:  I’ve also done some magic so you can go to my Google+ profile by going to http://jedchristiansen.com/+

Awesome video on startups, entrepreneurship, business

This has absolutely nothing to do with Google+, but if you’ve got an hour, I highly recommend watching the video below.  It’s Kevin Rose (founder of Digg) interviewing Chris Sacca, one of the most interesting investors in Silicon Valley today.  (He was one of the first investors in Twitter, for example.)

Chris has long had a great reputation amongst entrepreneurs, and from this video I can completely understand why.

Startup accelerators in 2011

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RenaultF1Wheel

[UPDATE] -

Please see the Seed Accelerator Knowledge Base for the most up-to-date information on seed accelerators world-wide, and the startups that have graduated from them.

 

I’ve long been interested in the seed accelerator model, as started by Y Combinator.  I wrote my master’s thesis on it, and wrote a follow-up post this spring.  Recently, two things have happened that I wanted to write about.  First, I restructured the spreadsheet where I maintained a list of all companies to come out of seed accelerators.  And second, NESTA (National Endowment for Science, Technology and the Arts, a UK investment and research body) recently undertook a significant piece of research into seed accelerators.

Update to Seed Accelerator company list spreadsheet

As a part of my original paper on seed accelerators, I compiled a list of all the companies that have come out of seed accelerators like Y Combinator, TechStars, Seedcamp, et cetera.  Each accelerator had its own tab, with the details of all their companies.  I kept edit rights, mainly so that I could be sure of the details for my paper and follow-up work.

As seed accelerators have exploded in number world-wide, it’s become nearly impossible to keep this working.  There were too many tabs for different accelerators to be found properly, and it really is best if the people that run the different programs can edit the details for their companies.

So there are now individual documents for each seed accelerator program, and the original document now has links to each individual program sheet.  If you run a seed accelerator, please e-mail me and I’ll be sure that 1) I have a separate spreadsheet for your accelerator and 2) you get full edit rights for your program’s spreadsheet.  ([email protected])

Please check the new seed accelerator company directory here.

NESTA research

Kirsten Bound and Paul Miller recently undertook a significant piece of work to define, describe, and analyze seed accelerators on a global basis.  The result of which can be found on the NESTA page: “The Startup Factories“.  [Direct link to their PDF paper.]  I spoke to Kirsten a couple of times prior to and during their research, and they developed a real sense of the opportunities and challenges of startup accelerators.

While I didn’t have time to make NESETA’s half-day conference on seed accelerators last week, a friend of mine (Mark Littlewood of the BLN) did and wrote about it here: “Do we need startup factories?“.  The key element can be found at the bottom of his post, where Mark echo’s something I’ve been saying since my very first paper.  Only the best, top-tier seed accelerators will truly be of value to entrepreneurs. And the followers, the “me-too” seed accelerators that are starting to pop up everywhere, will be of little to negative value.  While in the long run it will be easy to tell between the two, in the short term I am afraid that startup founders may get fleeced.  Startup accelerators need to clearly understand their unique advantages that can allow them to recruit some of the best startups away from the Y Combinators and TechStars of the world.  If they can’t offer that level of value, it might not be worth it for them to exist.

The NESTA report is quite well written and clear.  Some of the data is a little dodgy; in particular I’m not a fan of the Tech cocktail rankings at all, since they have yet to mention what data they’re using to create the rankings.  (I personally believe that it overly weights the accelerators that more freely share data.)  But overall, it’s a great resource.

If you do have comments, please share them with the writers.  The discussion paper is currently in draft form, but they hope to finalize it soon.