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Too Many Apps. Too Little Money


Hopefully this comes as no surprise to many, but for some, alas, I am afraid they have yet to get the email. It’s yet another case of the 1% versus the 99%. Only one percent of Web app developers have made any real money, the other ninety-nine percent are SOL. Forty-seven percent of those, make absolutely no money or less than $100 on their app. Not surprisingly there are now over a million apps on the Apple store, and when you add all of the other sources for apps, you can see that the problem is coming to a head. I saw this coming over two years ago and wrote about the problem on this blog, citing a New York Times story published about that time, describing the dark underbelly of the Web app development culture. In a satire of the problem, last year The Onion published a gag story about a new app called “Squander” that enabled users to “geolocate others nearby who had also wasted $2 on the same app.”

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EnergyAware

Energy Aware Riding Wave of Innovation and Investment in Energy Efficiency


In October of 2013, I first met Energy Aware’s management team, led by UBC alumni founders Janice Cheam and VP of Software, Ali Kashani in their modest East Vancouver offices. I had encountered Ali commenting on the Internet of Things (IoT) on LinkedIn, and I challenged his arguments, as the skeptic that I am. Ali very graciously invited me to meet with him to discuss it further. Home automation and its new iteration, IoT, has been around for at least twenty years and had been going absolutely nowhere. Added to that was what I termed “the Tower of Babble,” a term now also used by Qualcomm to describe the data communication hairball in the IoT space. Indeed, Energy Aware had struggled for quite awhile in this immature market. What I learned in that first meeting with Ali and Janice turned this skeptic into a believer, and I have enjoyed the opportunity to work with Al and Janice since that time providing them with tidbits of advice here and there. My gut told me that Energy Aware was on to something with significant potential, as IoT was finally achieving technological “convergence,” and the Big Dogs in Silicon Valley were now gearing up their own IoT efforts. There is a Tsunami coming, and Energy Aware is well-positioned to ride it.

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shattered-dreams-251461

Splinternet: The Web is fracturing into regional internets


Originally posted on Quartz:
The World Wide Web celebrated its 25th birthday recently. Today the global network serves almost 3 billion people, and hundreds of thousands more join each day. If the Internet were a country, its economy would be among the five largest in the world. In 2011, according to the World Economic Forum, growth in the…

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NOC New Front Cover in JPEG

MI6 Non-Official Cover: Nicholas Anderson


I have become the exclusive worldwide business manager for a former MI6 civilian undercover operative, a real-life James Bond character, and author of two very interesting books. The books are fictionalized autobiographical accounts of his exploits for the British intelligence and counter-espionage agency. We met by chance on the Internet, and in an effort to vet his background and credibility, he introduced me to a well-known Hollywood producer, and to a successful international entertainment lawyer and entrepreneur living in Spain. I also called on the expertise of a long-time friend and colleague in Los Angeles who previously worked directly for Lachlan Murdoch at Fox Entertainment. Using the nom-de-plume, Nicholas Anderson, his books may be found on Amazon, and bits and pieces of his story may also be found online. My task now is to package his exploits for presentation to select senior executives as potential source material for a variety of entertainment projects here and abroad. Though now retired, he maintains an incognito profile, and has run afoul of the British Official Secrets Act in the past, which both adds to Nicholas’ appeal, and complicates my work on his behalf. My new relationship with Nicholas has also led to the development of a parallel project to develop an investment fund for entertainment technology projects. Nicholas resides quietly on the Cote d’Azur in the south of France, which is an added benefit for me.

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Why I stopped teaching


Originally posted on Quartz:
I have been a professor for 25 years—most of my professional life. Even when I had full-time corporate jobs, I always took salary cuts to be able to maintain my professor role because teaching has given me about as much joy as anything in my life. Watching students learn, improve, and…

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stanfordvsharvard

Online Business Education? Harvard versus Stanford


Stanford Graduate School of Business and Harvard Business School are adopting drastically different strategies for delivering business education. These differing strategies are reflected in the debate that has erupted between two of Harvard Business School’s best known professors and their visions for the future of business education, Michael Porter and Clayton Christensen. I have also been personally tire kicking MOOC’s, acting as a mentor for Stanford’s online Technology Entrepreneurship course, hosted by NovoEd. I have been pleasantly surprised by the experience, and among the teams I am mentoring is a group of Xerox senior research scientists acting as an entrepreneurial team.

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I want to start a business. What’s the easiest way to start off on low income to build up a sustainable income I need help?


Answer by David Mayes: The answer is heavily dependent on where you are and your market. It is extremely difficult to launch a new business on zero capital. Cash flow typically will not reach break "even" for some time. Micro loan businesses in emerging economies serving a local community, may be the closest exception, and […]

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How do online businesses organise/articulate their overall architecture? i.e. Marketing, Sales, B2B, Development, Design


Answer by David Mayes: With companies that size, failure to have a strategic long range vision of some kind, owned by the execs and Board is potentially dangerous, turning the company into a lumbering corporate conglomerate with unrelated businesses. It may be in one guy's head, like Jobs, but as we see now that leads […]

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nimbleJack

Nimbleness: Strategy or Opportunism?


I am a strong believer in strategic focus, however I have also personally experienced a case where an “openness” to opportunism turned the enterprise from a pedestrian company to a Silicon Valley legend. Ascend Communications was “focused” on ISDN based video conferencing with an OEM agreement with AT&T. However, AT&T came to Ascend and asked if it could solve a much bigger problem…dial-up access to the Internet over the voice switches was overloading them. 90 days later, Ascend delivered the solution, and the rest is Silicon Valley legend. The Ascend MAX became the global industry standard for dial-up Internet access, and the company the most successful SV company in 1996. So it always pays to keep your eyes and ears open.

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Is it really a tech bubble, or is it something else?


Originally posted on Gigaom:
Adam Lashinsky, in a piece for Fortune last week, wrote at length about the question that has crossed the minds of everyone north of San Jose: are we in a bubble? He takes a nostalgic trip down memory lane, talking about the dot-com bubble and how we are starting to see…

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