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Perspectives on the wonderful world of tech

The big gun is back… Paul Harvey steps back into European Technology banking

I have always had a lot of time for Paul Harvey. I first met him in Disneyland at a technology conference at the height of the dotcom BOOM – shortly before the BUST. The conference took over the whole theme park in the evening and we didn’t have to queue for anything. Can’t remember what conference it was though, there were so many huge ones in those days. He was at Goldman Sachs then though he spent a lot of time afterwards developing an idea for venture funds in the UK and Europe that would imitate the Israeli model.

Euro dismal

Next time at Euro Disney involved more queuing.

Always a very interesting guy.

Great to see him back in the investment banking saddle again now he has landed at Stifel Nicolaus Weisel in London as their Head of European Technology. I look forward to watching developments with interest. He knows his technology onions.

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Intellectual property is not just for the benefit of American entrepreneurs

Fred Wilson, feisty and intelligent VC principal at Union Square Ventures sums up what most people think about the idea of Yahoo! suing Facebook.

“I don’t think there’s a unique idea out there in the web space and hasn’t been for well over a decade. Pretty much everything useful is based on prior art going back before the commercial web existed.”

“I am writing this in outrage at Yahoo! I used to care about that company for some reason. No more. They are dead to me. Dead and gone. I hate them now.” Yahoo! Crosses The Line

A recent TED talk by Rob Reid, rubbishes the idea of intellectual property using the notion of ©opyright Math™ to analyse the MPAA’s claim that $58billion is lost to the UK economy as a result of piracy. Did you know you might have $8,000,000,000 of stolen stuff in your pocket? Starts making Goldman Sachs look like small-time criminals.

Maybe this is only half-right though (not the Goldman Sachs bit).

This isn’t just an argument between large antediluvian corporates who use the law and their lobbying powers to strengthen unfair laws and plucky entrepreneurs. There is another side to the argument and not one used by large corporates to justify the strengthening of IP law. It comes from another type of entrepreneur.

I was lucky enough to hear William Kamkwamba speak at TED Global a couple of years ago. He is a hugely inspiring individual. When he was 14 years old, he invented a windmill from scrap parts that provided electrical power to his family home.

Ndubuisi Ekekwe, founder of non-profit African Institution of Technology wrote in the Harvard Business Review about the other side of the argument around intellectual property and notes that his idea is un-investable because of where he is from.

“Had he been born in Texas, he might be a young CEO running an energy company by now, because the funds would inevitably flow. But, in Malawi, most investors would be concerned about the fact that there’s no legal system in place to protect William’s ideas from his friends, who might begin to copy them.

“There are so many stories like this in Ghana, Nigeria, and Angola. People like William are heralded as the future, but no one takes a financial risk on their ideas. Who would do that when there are no intellectual property right (IPR) protections? (Anyone can buy pirated copies of Microsoft Windows for $2 in most African cities.) Investing in innovators simply can’t happen in markets with weak property rights.” Would You Invest in This Kid?

It is a great piece that charts the history of IP and the growth of the world’s GDP.  I think it is a big stretch to suggest that the evolution of strong intellectual property law was the sole cause of the economic development of the US.

It is interesting that the most entrepreneurial individuals in the developed economies of the world are arguing strongly for a reduction in the powers of intellectual property laws, particularly in the Internet sector today. Meanwhile, some of the most entrepreneurial individuals in the developing economies of the world are arguing for more protection.

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Patrick McKenzie (@patio11) on Engineering your marketing outcomes

So here is Patrick McKenzie’s brilliant talk at Business of Software 2011 on engineering your marketing outcomes. Marketing comes naturally to some people. Unfortunately, few of them go on to found software companies. Patrick talks about types of marketing that use engineering skills and won’t be rabidly opposed to your developers. Instead of spending a few weeks cranking out one more feature that won’t be seen by 1% of your users and increase the value of your software by <1%, learn how you can use the same few weeks to create scalable systems that take much of the guesswork out of marketing.

Patrick talks A/B testing, funnel analysis and SEO through scalable content generation.

Don’t forget, registration for BoS 2012 is open now. We hope to see you in Boston October 1st-3rd 2012 and the first EARLY BIRD DISCOUNT tickets run out on March 30th. Save $900 on full registration.

Watch the video here or skip below to see a full transcript of the talk.

Don’t forget, registration for BoS 2012 is open now. We hope to see you in Boston October 1st-3rd 2012 and the first EARLY BIRD DISCOUNT tickets run out on March 30th. Save $900 on full registration.

Transcript of Patrick McKenzie at Business of Software 2011:

Patrick McKenzie: [Deep voice] Hello Ladies.

[Normal voice] And Gentlemen. [Laughter]

So, if you weren’t here to the talk last year I basically did about an hour-long takeoff on the Old Spice guy I was telling you about. Does everyone …OK …Raise your hands if you were here at the talk last year… [Everybody raising hands]

OK. Put your hands down if you have forgot… No, keep them up! [Laughter]

Alright. Now put your hands down if you have forgotten the topic of that talk. OK, Good. So some people remember even a year later.

So that’s the reason why I like humor in presentations — because it helps people retain what you’re speaking about. Now, right after Business of Software last year I flew back to Japan where I live, and I got off the plane and I gave a phone call to a lady who I met right before coming to Business of Software and she said, “Hey, what did you do on your business trip?” So I gave her the Old Spice speech. I said — and I got to get a new speech this year, and I probably can’t sustain the Old Spice guy for sixty minutes and the joke will be old.

And she says: “That’s OK; I think you’re cooler than the Old Spice guy anyhow.” So, that was a sign to me and we’re now dating. [Laughter and applause]

So, the most common question I get asked is “Why are you in Japan?” And because it’s kind of relevant to the topic of the talk, I’ll tell you. People always ask me “Is it because of Japanese girls?” And that did happen but it was, like, eight years later… The actual reason I’m in Japan is not because of Japanese girls, it’s because of Indian men. Specifically… [Laughter]

Ten years ago I was an engineer with very little self-confidence skills — and now I’m an engineer with very little self-confidence ten years older.

But I was in college and reading the Wall Street Journal. And the Wall Street Journal was saying “The Indians, they’re going to steal all our programming jobs and we’re going outsource everything to India for one quarter of the cost. And if you are getting a programmer right now it’s a mug’s game; you will never be able to compete with all of those folks.” And I’m, like, “Oh God, they’re right!”

So, I thought: “How I am going to get a nice, safe job at a big mega corp like Microsoft like my parents have always wanted for me?” I thought: “I’ll play the Van diagram game: you take one thing that’s pretty hard like programming, take another thing that’s pretty hard like, say, speaking Japanese and you intersect the two.”

And the people who can do both — there must be, like, four of them, right? So, if I go to Japan and become bilingual then I can come back and get a job at Microsoft and no one will ever be able to take that thing here away from me until the day I die.

And that didn’t really work out. But…

So, I’m in Japan and… We have lots of young engineers in the audience? Let me… Perhaps help put your mind at ease regarding the outsourcing issue.

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Announcing the shortlist for MiM 2012 – a Baker’s Dozen who are making it mobile…

We’re pleased to announce our MiM 2012 Award Shortlist. We had a record 59 entries this year and competition was fierce. We can’t wait to hear from these companies who will all have a five minute presentation in front of the MiM 2012 audience and the awesome judges at next week’s MiM 2012 on Thursday March 22nd.

A huge thank you to everyone that entered. There were so many great entries that we have made a few places available to companies who didn’t quite make the final list to join us on the day. You will be notified by email this afternoon.

If you haven’t registered for MiM 2012 on Thursday March 22nd, there is still time but the final places are going and we are likely to be sold out this week so hurry.

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Twitter Weekly Updates for 2012-03-11

  • Is it true that Spotify employs 100 people in Cambridge, England? What do they do? cc @eldsjal #
  • RT @NiallMcDiarmid @E11ie5 @MarkLittlewood I've heard they're working on top secret project called "mixtapes" #C30C60C90 #
  • Two great pieces for introverts to show their extrovert friends. http://t.co/n011N2Pu #BoS2012 #
  • Judging #MiMAward Favourite line – "Management meetings often take place in your hand, not in a room." Mind boggling. #
  • RT @davidleetalk2me Watched @ClayChristensen video, really great to see him talk about his work http://t.co/5emfp7ZP #
  • David Hockey called 2 you know. RT @NeilDavidson I drew @MarkLittlewood, 'Titan of the Twitterverse' http://t.co/qVr39P6J #
  • I hope Raspberry Pi has done its sums right & makes a surplus on each sale. http://t.co/pcmdxPkR #
  • Scary. RT @russellbuckley "Who Said it? Romney or Mr Burns?" http://t.co/o6weDwl1 They'd the same dude! Doh! #
  • The awesome BLN team just left for the night. Thanks guys. I noticed! #
  • I do too. RT @billt I support the right of 2 people in love to get married, regardless of gender. #c4em http://t.co/HvENeDKB #
  • Kickstarter for science. MT @kn0thing Wow. This is so cool. So happy it's coming to fruition http://t.co/3MgzEZG1 #
  • Now I feel old. NME is 60 years old. Happy birthday. #
  • Nice try #Mango on Oxford Street but everyone's still talking about #Apple #
  • X nero hug for tomorrow. #
  • Forget Apple. If you want extraordinary customer experience, passengers & cabbies – @hailocab #
  • Yes it is! RT @NeilDavidson Cool! Peldi from @balsamiq is coming to London – http://t.co/RAEhluhJ April 17. #
  • Today I had a chance meet with very nice gov minister, splendid lunch & a photoshoot with girls from Spearmint Rhino. #
  • I would like to add: 3 things entirely unrelated; all utterly innocent; not average day. #
  • Here's a picture from the photoshoot with those girls & @shedsimove http://t.co/71R1vlUI #
  • And luncheon-based meat porn. http://t.co/JfXq8tLR Thank you the excellent @erevenasearch #
  • Will decide this weekend… RT @bosconference Hey, what talk from #Bos2011 should we post next? 🙂 #Bos2012 #
  • If you're an 1 person consultancy & send 2 x 6Mb pdf files to explain what you do, I'm guessing you have capacity? #
  • The 4 bars in the Houses of Parliament cost us £5.7million. 1 for every 160 or so MPs. http://t.co/UsY5OYW6 Why? #
  • 4 bars in the House of COMMONS cost taxpayers £5.7million/year. http://t.co/UsY5OYW6 #austeritybritain #timeforarethink? #
  • Perhaps MPs should take to LSD instead – http://t.co/5grQ9lW6 #
  • Did people leave proximity services in droves at #sxsw cos (a) they're battery slayers or (b) annoying & a bit shit? #
  • Lovely weekend. Awesome friends who enjoy benefit of rubbish broadband in rural location. We talked. It was ace. X #

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Brett Taylor, Facebook. “None of us predicted how fast the rise of smartphones would be after Apple introduced the iPhone in 1997”

Interesting pieces in this interview with Brett Taylor, CTO of Facebook at Mobile World Congress even though for a CTO he spends a lot of time selling Facebook.

Bringing mobile and business together.

The BLN MiM Forum on March 22nd shows how YOU can make it in mobile today. It’s where corporates with budgets meet businesses that can solve their problems and active investors get stuck in too.

This is not about future-gazing, sales pitches or corporate nonsense. We share actionable ideas for your business today. We want you to leave with at least one idea you will implement in your company within a month.

BLN MiM2012 is different from a lot of mobile events you might have been to. We are not selling speaking slots to sponsors so you end up hearing from people with genuinely valuable, interesting content that will help you define your mobile strategy. Our supporters understand that the best way to grow their businesses is to help grow the industry.

For more information and to register.

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You got to hand it to LinkedIn, you get a better class of spam…

Poor old Sir Michael seems determined to make contact through LinkedIn. This is the fifth attempt he has made to contact me this week. Must finally be the recognition for being such a TITAN OF THE TWITTERVERSE.

Attention Dear Friend,

My Name is Sir Michael Rake,

The Chairman

BT Group PLC

London, England

I am the Chairman, BT Group PLC,

I have a business proposal which might interest you.

Its a win win situation especially for you.

Our sharing ratio will be 50-50 Should in case you are interested.

Contact me on my private email ( mlrak53@yahoo.com ) for further details.

Sincerely,

Sir Michael Rake

Chairman

BT Group PLC

London, England

Seems he is pretty persistent too from the look of his LinkedIn activity.

Sir Michael Rake, Chairman BT Group plc

I do know some people who are so technically incompetent that every time they have a new job they set up a new LinkedIn profile but you would have thought there would be a simple way of seeing this sort of identity cloning happening and stopping at source.

 

 

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Fun facts and some unbelievable stats from Google about mobile advertising.

Interesting short video from Google about smartphones with not a mention of Android.

Some takeaway stats:

  • 39% of people say they use their smartphone in the bathroom. (Presumably the other 61% are liars).
  • 70% of people with a smartphone use it while shopping instore – to compare prices, find competitors, get coupons and check availability.
  • 74% of people made a purchase as a direct result of the info they got from their smartphone. (Google says that this adds up to big spending, but is it? This is unlikely to be additional spend, rather consumers using smartphones to get better deals. I think retailers are just as worried about ‘smartlifting’ – finding the item you want in store and buying it cheaper via your mobile phone). (In fact, I don’t know what the word is for this so I made one up).
  • 95% of people use their smartphone to find local products and services – from pizza to movies to taxis. (This shows a much higher intent to buy – 88% of people use this information to make a purchase within a day).
  • 71% of people use a smartphone to search for something because they saw an ad. (43% reacting to traditional print media, 17% to a display ad on a mobile device).
  • 83% of people recall seeing mobile ads. (Which means that I and every person I know personally sits in that minority 17%).
  • 79% of the top advertisers don’t have a mobile optimised website.

Want to hear from Google as well as some of the most active UK brands, retailers and media owners about their mobile strategies? Head on over to Making it Mobile in just over 2 weeks time – http://makingitmobile2012.thebln.com/ 

Satisfaction or your money back.

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Twitter Weekly Updates for 2012-03-04

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Mark Littlewood, Titan of the Twitterverse.

I thought this was some sort of clever website where you insert the name of someone you know and they appear in a list when someone sent me a link. According to the Independent, I feature at number 8 in the list of the Top 10 Business Tweeters. This is clearly ridiculous. Lord Sugar is at number 2 and I clearly make far more sense than him though Lucy Marcus is definitely worth a follow.

The photo they  had for me was terrible…

Top Business Tweeters

Things got a little more surreal when someone shoved the actual newspaper through my letterbox last night and it appears that this was printed. So now I am recognised as a Top Business Tweeter and all my friends are frankly, and rightly, awed. Neil Davidson very kindly sent me a better picture to celebrate.

Mark Littlewood Titan of the Twitterverse

Neil, you can draw me again. My wife said, ‘Gosh, that’s flattering.’

You can follow and unfollow me at @marklittlewood

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