SPEAKER_00: hello everybody hello welcome to another edition of this week in startups this is episode

SPEAKER_08: 198 no episode 55 55 i cannot drive 55 welcome to the show uh wow what a great show on tuesday

SPEAKER_11: night that was a lot of fun for those of you who missed it the show is now up uh we obviously aim here at the this week in uh dot com channel to uh get shows up within eight days of them actually occurring uh no the show got up relatively quickly two days it took two days instead of the usual one but leo laporte gets his shows up in two hours right we're we're in competition with leo obviously

SPEAKER_16: we are we are definitely doing all we can and most of our shows do get up the same day right we had an issue i should also add with venture capital this week but that's because it was filmed remotely we had to get the copy from them and then but that will it's not up right now i do hear this

SPEAKER_11: complaint across the this weekend dot com network a lot the show is not up yet the show is not up yet what is exactly the issue for the people who are technical because they're like i uploaded my

SPEAKER_16: video to youtube and it was ready right away it's that we have to make a couple different versions of it to go up to every different place that it goes so it's staggered it goes up different times on different services um but but it's also something we're working on generally so we'll have a better

SPEAKER_29: workflow that's it that's it that's it so uh i heard a lot of talking i don't know if i exactly heard an answer but i don't technically i'm not the i'm not the technical guy i'm not the guy to ask

SPEAKER_31: unlike mark zuckerberg you were able to answer a question you you didn't actually know the answer

SPEAKER_34: to i try i do what i can you're good you're learning you're learning just put out a couple

SPEAKER_11: things like yeah we have a system that we're gonna always just throw stuff out yeah what do you say we have a system that we're refining and what's up with this shirt today by the way for the people who are watching video like i i haven't worn this shirt in a long time but it's the collar is

SPEAKER_42: usually your shirts are very crisp yeah no you know what this is more my older like joseph aboud

SPEAKER_43: shirts and it's just it should be more like this but i don't know anyway um this week in uh global

SPEAKER_46: startup meetup was on tuesday night yes we had like 10 cities uh join us we had 10 cities call in live 10 cities call in live dozens of cities but it turns out that other cities such as um melbourne where web spy is hosted a meetup perth perth rather yes so like i don't know the third largest

SPEAKER_49: city in australia probably i think sydney and melbourne and perth all had meetups all three all three now we're collecting all the photos from these so if you are if you have one of these photos

SPEAKER_08: just email it to lon at this weekend.com yes please that's lon's email and uh are people reading your

SPEAKER_11: screen yeah they're like what has he got on his screen is he looking at porn again tyler please um but anyway that was a lot of fun and uh one of the cities uh columbus ohio had 70 people and tons yeah they had a great pitch uh really liked that company and uh the people who were was it rr

SPEAKER_57: something rrbo rrbo rrbo.com rental your vacation home rental service well it was actually for people

SPEAKER_11: who have timeshares renting them but right uh splitting hairs it was a great idea and they uh we

SPEAKER_58: they want an ipad for the city and then we're going to give it away randomly to one of the people

SPEAKER_60: who came yes that's right you you got in touch with uh chief gad who was their organizer and he's

SPEAKER_34: going to decide how he wants to give away the ipad so now if you would like to become part of this

SPEAKER_61: madness we're going to do it again uh we're probably going to do it monthly uh and we're going to do it at 11 a.m pacific time yes which is 2 p.m east coast time east coast time which is plus 6 8 p.m in most of europe so we're doing this one specifically for europe we're not i'm not going to be in europe that being said we're going to do it we're going to have a brunch here at mahalo right you will have chef jen create brunch this time not cheese and crackers no cheese and crackers

SPEAKER_28: i want a serious brunch i want eggs i want bacon i want we'll have a real classy

SPEAKER_11: seriously buffet we'll do it up do i want to really spend a lot of money on this and do like a really great brunch here and uh lox bagels the whole sure everything i'm in um and then new york you

SPEAKER_69: guys can sell and east coast celebrate however you want they'll have lunch uh but we need people to

SPEAKER_58: to be the be in charge of each of the meetups this is self-organizing and what what is required of a

SPEAKER_34: person who wants to organize their city if somebody in bangalore india i see there's five people who want to do it what do they have to do it all depends on if they want to skype into us or if they

SPEAKER_16: just want to have a meetup and watch the show if they want to have a meetup and watch the show really they need to pick an organizer they need to pick a venue early on this is what we discovered critical the ones that didn't really get together and had a lot of last minute problems was because they had they waited too long to settle on a venue people were like oh i don't know where to go this isn't really happening and they gave up so you want to lock in the venue as soon as you know that you want to do the meetup so that people see oh this is a real thing i know where to go i

SPEAKER_71: know what time to be there all right so you need a venue a venue could be something as simple as somebody's home it could be an office yeah it doesn't have to be much don't don't get caught up

SPEAKER_75: on that and we said it's going to be july 20th 20th at 11 a.m pacific so just go to uh meetup.com

SPEAKER_11: slash startups somebody asked me if i'm an investor in meetup i'm not i'm friends with scott heiferman

SPEAKER_71: who is the person who runs it and it's just i mean it is it's legitimately a great product i mean it's

SPEAKER_46: amazing it's working really i'll be honest the original product i thought was was a good product and i would go to bulldog meetups this product where one person can control and build their own global meetup is interesting to me i don't if i want to do one little meetup in my city i don't

SPEAKER_34: need this tool well i mean but to do it globally this requires a lot of work and we can pick who the organizer is if you don't do your job we can fire you and hire somebody else we can kick people off

SPEAKER_16: of being organizers and now as they added just this week you can email everybody or you can email just

SPEAKER_82: the organizers and that is so crucial yeah we have to remind people there are people like it doesn't tell you like oh by the way there's a now there's a location right and i just want to get in touch with

SPEAKER_83: people like hey you're the organizer if you guys want to skype in here's the full instructions

SPEAKER_85: here's how to skype into us right and uh people did a great job i think amazed i was blown away

SPEAKER_11: and uh you know what else has been blowing me away is you stream you stream you stream i'm blown away by the quality i'm blown away by the seamlessness uh the white house is using it uh we're using it cbs uh pbs news hour has the oil spill they have the six oil spill camera if you want to see this uh you

SPEAKER_91: just go to you stream and you keep this up disturbing i didn't yeah they got six views of

SPEAKER_34: the end of the world yeah six views of the underworld and now it's day 50 or 60 or whatever

SPEAKER_49: it's 50 plus and i think president obama day 50 he got upset he doesn't he doesn't get upset

David Friedberg: he said he's gonna kick some butt uh did you see that it was on today's show he said he's gonna kick some butt kick some butt yeah yeah and day 50 well you know it takes a while takes a while to get

SPEAKER_11: that to sink for it to sink in that's what i hate about obama i'm really starting to not like the guy and what i really hate about him is like he's like oh the world wants me to be mad now

SPEAKER_46: i will go on television say i'm gonna kick some butt just be genuinely pissed off about this stuff

SPEAKER_83: he see i think this is part of what makes him a great politician though is that he really doesn't

SPEAKER_16: seem to feel emotion in the way most people do he really seems like he's so in control he's so centered all the time right so calculating it makes him you know a great at what he does but it also is like it's a little weird you feel a disconnect when you see him talk the disadvantage of him getting irate

SPEAKER_103: about it is it gives people the feeling like they should be irate too if they're not like it's in his

SPEAKER_38: interest that everyone just kind of keep calm yes i don't know about that um but you know what will keep you very calm it's using dna mail dna mail dna mail that'll keep you calm and free of anxiety

SPEAKER_61: you just get your complete hosted exchange solution for 295 uh per user a month god it's so cheap but it's

SPEAKER_46: so well done you can't the value of the product uh greatly outweighs the cost and that's what we call value and that's what startups should provide dna mail far from a startup now they've got some pretty big customers but you will be one of their favorite customers and you know what they use a hundred percent u.s based uh customer support why is that important why is that important it's very important i'll tell you why uh because our country's in trouble no uh it's it's not just important being nationalistic listen it's a global world but it's important because uh when you're talking to somebody in india or these other places they it just you don't when you have a problem you don't want to put another problem on top of it like i can't understand the person i'm talking to that's no dig i people in china and india do not want to talk to american when they're dna when their mail servers are down right you shouldn't have to talk to somebody in india or and that's or ireland

SPEAKER_110: whatever ireland they don't have some of those people have very big accents but um anyway u.s based

SPEAKER_50: customer support it just means it's going to be a little smoother that's basic they're not trying to save money on their customer support they're trying to use their customer support to support the customers exactly and that's the promise some people you look at customer support and they go oh that's our chance to save money it's not that's a chance to lose customers i recommend everybody who has customer support do a dna mail does which is use really super qualified people spend money on it do it here in the u.s uh if it's a u.s based company so thank you to dna mail for sponsoring the show uh if you want to be on a future edition of ask jason or shark tank it's pretty simple you just email ask jason at this weekend dot com they can also fill out a form if they go

SPEAKER_16: to tinyurl.com slash ask jason either way works either way i will get it either way so you can go to the fill out the form if you want to do that you can just write me an email uh just in the email

SPEAKER_72: you know if you want to call and ask jason just let me know your name let me know what question you want to ask jason and uh you know phone number or skype where i can get in touch with you that's

SPEAKER_34: all i need beautiful and we're getting very professional here i see we have the first skype call

SPEAKER_11: lined up on the teleprompter ready to go and that is uh alejandro vasquez is that correct uh yeah that's right okay uh so i see you there uh and i wonder if the audience can see you we go on the old uh side by side there we go hey look at that with the light behind you you you look like a

SPEAKER_122: vision there alejandro where are you calling from oh uh westminster colorado it's about 15 minutes from denver and like 30 minutes from boulder so very cool uh we were in boulder for the open angel

SPEAKER_11: forum we'll be back there when tyler august yes august 3rd august 3rd we'll be back in boulder uh for open angel forum and we're in boston next week for open angel forum uh next friday so you have a

SPEAKER_122: question for us let's hear it oh yeah um so i i've came up with an idea for a company that i want to start or a business that i want to start and um i've i've i've been working on it i started working on it pretty recently and i don't want to take forever to do it because i am a programmer and i know that eventually i can like come up with it all on my own but i'd rather have a handful of people because for uh time reasons and also because having a handful of smart people with me they'll be able i'll be able to get feedback in the end it'll be a better product so uh i was wondering like what's your advice on getting team members where to find them what questions to ask because i'm a student and my peers really aren't the kind of people that are motivated or talented okay enough to really

SPEAKER_46: uh contribute okay this is a great question we get this all the time where can i find co-founders uh well you're in the chat room right now uh on you stream with a couple hundred people

SPEAKER_11: uh shows like this uh or the comment fields on other blogs other bloggers people who are going

SPEAKER_50: out and doing stuff other events there's a huge startup scene in boulder go to your next event and say i'm put put a badge on that says i'm looking for technical co-founders that that if i'm walking around an event and i'm a programmer i'm looking for technical co-founders i'm gonna say hey this guy's interesting uh and then you just get a piece of card printed up that says i have a great idea and i'm looking for some people to help me build it i'm looking for technical co-founders who you know uh crave equity not cash uh who wants to start a company with me and then as you go around just hand it out to people i'm alexandro bowman just give it to people eventually they'll hand it and say hey i know you're not looking for a job but hand it to somebody you know if you find somebody hand it to them uh you could do a blog post about that you could put an ad on craigslist to do that you can put comments on hacker news all kinds of different things uh and uh yeah and

SPEAKER_11: i don't know there's no website like find a founder it's actually a great idea jesus christ i mean

SPEAKER_131: it's like every day this is the curse of my life it is uh find a founder.com who owns that

SPEAKER_11: find a find find a find a founder.com if somebody in the chat room adult adult friend founder adult that's a good one adult uh founder finder yeah uh well anyway somebody create the site if somebody create i'll tell you what if somebody creates this site uh i will endorse it and give me 10 percent um it's a great deal pretty good deal my endorsement can't be bad uh but yeah so that will work out oh actually wait somebody actually says twist startup effect i see this has come up before twist startup effect somebody did and i think this was also like i'm looking for a co-founder thing uh so those are all different ways to do it uh yeah twist startup effect seeking active technical founder san diego oh wow okay somebody built it great so there you go uh go here go

SPEAKER_142: there what we're looking for okay and you can look at this and it's we put the email there and you share it so i can retweet this right now i'm going to retweet this wherever this dude is

SPEAKER_145: there you go so anyway that's easy go to startup effect uh what is it twist start list startup effect

SPEAKER_146: twist startup effect and go there i own 10 percent of it so uh solves the problem any other questions

SPEAKER_103: anybody tell us get some feedback hold on just had the idea just occurred to me and this can

SPEAKER_148: certainly be taken the wrong way but um what alejandro your idea what is the closest things out

SPEAKER_122: there that currently exist company wise it's sort of like a location-based service but it's kind of taking it in a completely different it's taking it in a completely different way right so usually so

SPEAKER_106: people who have an interest like you uh so do you watch really closely what the tech blogs say about uh

SPEAKER_148: looped and bright kite and all of those things yes you do because you're thinking about that you want to see if they're moving in that direction or whatever right yeah so if anyone else has a real interest in it they're probably doing the same and i know the the blog probably doesn't like you using their comment thread as a posting board or whatever but you say you know i uh if you word it carefully you

SPEAKER_103: say i sort of have ideas on where this should go and then put your twitter handle yeah people might

SPEAKER_134: come to you yeah or you could i and i always tell people this if you're one establish yourself

SPEAKER_46: pick a very tight vertical like say location-based yeah and and do location-based crunch you know or

SPEAKER_11: location-based insider play on words for tech crunch or business insider and do a post every day or two about your thoughts on gowalla foursquare bright kite etc all these different things posted on and uh yeah you'll uh you'll people will be drawn to you and then you just put in a little bio section i am uh i've got ideas around location-based services i'm looking for some co-founders uh in

SPEAKER_51: colorado to dream with me and figure some stuff out okay does that help eat up plan a meetup yeah be the meetup planner in boulder i don't know location-based meetup location-based meetup or just be the guy for

SPEAKER_167: the startup or just yeah man could yeah do your own uh startup meetup all right very good

SPEAKER_11: nice job thank you okay send him an ipad just kidding uh you do not get an ipad for calling in uh but if you uh listen to 10 shows and you say i can't wait for the launch conference.com right you do that 10 times you will get a free ticket to launch conference uh for the first 100 people

SPEAKER_83: you have to check in put a little cap on check in with uh roberta she's in the chat room as this

SPEAKER_97: week if you want to limit it to 100 register that you are here so she can keep tracking her first 100

SPEAKER_174: to do it that's it that sounds fair just because i don't have so much space and i got some tickets to this thing but we will have a date uh probably next week right excited i'll have a date next week

SPEAKER_97: and some of our meetup friends uh are coming too yes i gave the people who pitched i gave them each

SPEAKER_11: a ticket you know basically i'm gonna have a very large space for the event i'm a i'm an inclusionary guy you are i like to include a lot of people they'll room with me it's okay uh who said you're going uh all right so we have our next caller uh hopefully this person doesn't look like they're in a prison cell but maybe they do um we have to we this actually is a pretty good looking signal uh chris russell are you there i'm here jason how are you i'm good uh look at that you actually you have a beautiful skylight in your office thanks i just moved down to my uh my basement here so it's my new office okay uh in your dungeon you have a great great lighting uh where are you

Chamath Palihapitiya: calling from i'm in connecticut oh connecticut very nice uh where darian or a little town called trumbull not too far from there okay very nice uh did you play tennis today i did not play this weekend no i worked all week will you be playing this weekend i will not i'm not a tennis player

SPEAKER_11: oh okay uh just a bike mountain guy i remember i had a girlfriend and she lived in um darian connecticut and uh slightly off topic but we go it's like a younger kid from brooklyn i'm wearing and she said we're gonna play uh bat we're gonna go play tennis with my dad in the at the club sure i said fine i'm gonna club play tennis i've played but i'll play you know i'm whatever i'm flexible and she uh comes in with a pair of white tennis shoes white shorts and a white shirt and hands it to me goes here you go and i said well no i i'm wearing my basketball sleeveless my

SPEAKER_50: n1 little charles sprawlwell shorts and my my basketball high top she can't wear black i said why not i wear black every day on the courts not on the courts so i had to wear i went and wearing these white little short things with these white tennis shirts i felt like such a dork

SPEAKER_196: never again chris you have a question i do so i'm a i'm a solo entrepreneur um much like how you started out i've been doing that for about 10 years actually um and my question is going to surround sort of the whole uh free versus pay business models out there yeah um i want to get your thoughts on that i just started a new site um it's a uh it's a niche job search engine for green jobs uh called green job spider and my plan is to charge employers a uh a monthly fee to be indexed to have their jobs indexed into the search engine sure and then send them traffic back um but and the site launched about four months ago so it's it's fairly new uh so far my initial sort of sales calls i've been getting a little bit of resistance from employers as to paying for a service like this they're um they're not quite sure about indexing yet they're still not familiar that familiar with the term um so i'm i started thinking about well what if i go to a freemium model where i index all the jobs i can find and then try maybe just upsell other advertising services and adsense and things like that uh well that sort of hurt me long term as far as revenue goes what are your thoughts on that kind

SPEAKER_50: of that kind of subject uh so you're asking i have a chicken and egg problem i want to have these clients on my very cool looking site green jobs spider.com which i just tweeted uh great idea vertical

SPEAKER_202: job site uh but they not people are not willing to pay and you probably don't have critical mass net net net yet so you have this whole chicken and egg kind of thing so should it be free should it be

SPEAKER_46: paid uh and obviously there is a middle ground it's called freemium what freemium means is free plus the word premium put together freemium and free is the road to paid so what you do is you offer all the different features on the site for free somebody can experience everything once they've experienced everything then you upsell them on something unique so i'm looking at the site right now i see there's a whole bunch of categories solar wind whatever and then i see on the right there's a this little area with these boxes here that really to be honest doesn't serve that much of a purpose see this area i've highlighted on the site yeah what i would do there is i would say featured job and i would i would put a picture of the company and i would write narrative that's really beautiful about that job

SPEAKER_50: and i would offer that spot for the site for a hundred dollars a day or a thousand dollars a week and then i would offer it for each category if you if you can get to critical mass and then what you could do the person say can i come interview you about the job and so i offer with a flip cam i come interview you about the job and what it's like to work at the company and i charge two thousand dollars for that but you get to own the video you get to put it on youtube we put it on our site you can put it on your job posting when you post to craigslist you can say watch this video of the thing i got this from tyler i stole it from earlier today he does his great job videos for people who are coming to work

SPEAKER_46: here at mahalo and video is very powerful and people are willing to pay for it so now uh you're upselling

SPEAKER_11: them on that then you get to critical mass you see this spot here you have the first couple of jobs the first three jobs then you take those three after you get the right hand side sold and you sell those four twenty five dollars per day to be in the first slot twenty dollars per day to be in the second slot and twenty dollars a day for being in the third slot where you make the first one fifty dollars the second one twenty five and the third one twenty five now you've got three uh what we would call in the business premium listings and uh now you're starting to make money you want to have critical mass you want to write about all these jobs but then i'm going to give you something you didn't ask which is how do you get attention for your site and what i would say is um you should take you have to create content that will make people feel you and yeah so you have a blog what are the things that will make people feel you uh you should write about is this a good company to work at or not uh you should you could you could survey previous employees you do an interview with

SPEAKER_46: an anonymous employee from one of these places that's powerful editorial you can't get anywhere else right and if i'm a job seeker i would love to speak to somebody who had previously worked at that company but who gave you an anonymous interview wow i would even pay for that possibly uh so there's some really interesting ideas for you to get the word out also salaries maybe you could do a statistic

SPEAKER_50: on you go through all these jobs that are posted come up with the average salary range and then compare it to the regular salary range and say you know what an engineer in solar makes you know 85 000 a year uh on average with five years experience one in technology and in the internet

SPEAKER_11: makes 75 and one in finance makes 125 you know and and what are the percentage differences and send that to the press or send it to autoblog green or send it to all those other places you get

SPEAKER_50: news stories you track how many jobs tesla's posting every month how many open jobs they have per month you do or per week how many open recs they have and you send that to autoblog green and say wow did you know that they posted 18 more jobs this week on tesla that something must be going on um or they have a unique title all of those things unique editorial will help the site grow

SPEAKER_103: tyler you have feedback well yeah if he starts coming up with the data like on a monthly basis

SPEAKER_148: here's a neat chart of how many job postings in the green industry are happening yep like there you're

SPEAKER_151: going to get you can get usa today on that one yep so i love this site uh i think you've done a great

SPEAKER_11: job um it's very well produced who actually did the technology behind this behind this site did you do

SPEAKER_210: all this actually i uh i came up with some of the design but uh most of the uh company in uh actually russia created it called job mount or job board mount so this is uh somebody else's job

SPEAKER_11: board software that you buy right so this is good you actually outsource the uh technology and now you can just build the stuff around it uh you're in the right place at the right time and then there is powered by job mount job board software and you just pay for this software here at job

SPEAKER_198: mountain there in russia said uh yeah they get well they're gonna office here in uh connecticut in colorado but most of their stuff is uh from ukraine i think yeah in terms of support and development

SPEAKER_218: and it's only a hundred it's only 200 bucks a month or three 300 bucks a month yeah and you

SPEAKER_11: could buy a whole yeah it's a good idea uh i love niche vertical sites uh lon you've been working for me for three years you might have some ideas what do you think uh i actually i liked this site a lot

SPEAKER_16: too and uh when i first checked it out that was one of the reasons i wanted chris to uh come on the show i always a good way if you're looking to get on ask jason is to have something compelling to show that you can you want to ask a specific question a lot of people write and say uh you know i want to know what kind of company i should start and a lot of people write and they have here's my site here's what i'm trying to do what should i do about x and y and those people are more likely to get on the show um i i thought this was really interesting that there is you know there's now this whole sort of you can look for a job in the green sort of industry and it's this whole sort of vertical on its own i was actually thinking one thing i'd like is is more drill down ability to sort of sort the jobs by all kinds of things you were actually talking about sort by you know you could have a sort by salary sort by his sort by sort of sector i would sort of expand that

SPEAKER_46: and let you start by pretty much anything you want yeah job of the day job or the 10 best jobs of the

SPEAKER_11: month all that kind of stuff whenever you make a list i learned this early on in my career when i had a magazine called silicon i reporter i made the silicon alley 100 it was originally gonna be the silicon alley uh top 10 and then i said let's do 25 let's do 50 let's do 100 i did 100 i ranked them in order this pissed people off and made everybody pay attention to me nothing makes people pay attention to

SPEAKER_61: you like uh creating a list you should create the top 20 top 25 employers in green job in in the green

SPEAKER_196: industry to work for well i'll tell you i did a press release last month uh which i did a quick study of the top five states that had green jobs and i press released that and i i basically doubled the

SPEAKER_11: traffic uh for a few days with that i love what you're doing uh and you're in connecticut uh if you had applied to open angel forum in boston i probably would have accepted you are you looking to raise

SPEAKER_196: money have you raised money for this yet you know i don't need to right now i'm uh my i'm fortunate that my other businesses allow me to uh do some of these other projects and that's that's kind of fun

SPEAKER_11: again at the moment so okay i think you should think about raising an angel round of 250 000 dollars 200 000 100 000 500 000 and doing this in a bigger way uh and really become the uh research place for jobs in green jobs in green is huge and doing it on a global basis you could do this site

SPEAKER_50: you should be doing this site in literally every country major country developed country this should be in german it should be in french this huge opportunity that you stumbled upon and i think it's

SPEAKER_11: awesome you should raise angel money for this it's very well done one other idea um you have a blog

SPEAKER_72: you were saying do you have people who found jobs through the system right blog posts almost like

SPEAKER_16: have them come another great one like here's five tips on how to get a green job and then you know they can sort of tell their own success story through the site there starting to a little bit uh

SPEAKER_196: i am exploring that i'm doing some podcasting as well um i'm actually i've you know already interviewed a couple of employers about how to get a green job what they look for

SPEAKER_66: uh that kind of stuff too so uh you are on the right track you picked a good vertical that's growing you got a really nice uh you got a really nice uh name green job spider uh i would even just go

SPEAKER_58: green spider uh would be even you know take the job out and don't limit yourself to jobs although 20 people just registered the domain name for you anybody who registered the domain name you must give it back to him everybody go follow green job spider on twitter uh hopefully we'll get this guy a couple

SPEAKER_11: hundred extra followers i just follow i just tweeted to follow you uh good job and uh i really like what you're doing and you know what we have five callers calling in today we do i'm gonna let everybody come to the launch conference that okay oh that's awesome yeah would you like to come to the launch conference uh next winter sure good okay so you're in uh roberta take everybody's name down and they'll uh chris and alejandro i'll look forward to meeting you in person soon well done we'll talk to you next time thanks jason appreciate it cheers uh okay we're we're cruising along here and uh we're keeping track of everything you know who else is keeping track of everything web spy they are web spy keeps track of everything for you you don't have to think about it just what i analyze your network activity this helps you uh identify excess excess bandwidth consumption hey that goes on at companies somebody's downloading something on bit torrent somebody's doing something in hulu somebody's watching hulu i cannot this is the one gen y thing i have the greatest team in

SPEAKER_50: the world at mahalo but i go on tilt when i see somebody watching television at work yeah it's a generational thing do not message to gen y you can re check your facebook at work you can check your twitter at work you can read a blog during your lunch hour whatever you cannot watch television at work there's no television at work it doesn't work that way you can't and it doesn't matter if it's the

SPEAKER_08: simpsons or if it's cnn don't watch television at work it's unprofessional why do i have to even

SPEAKER_246: say this into the camera it really is a generational thing it is shocking that people we it's not one

SPEAKER_08: person it's multiple people we used to see it all the time well i had somebody the other day say to me uh well i'm not watching it all the time you know like i have it in the background yeah how can you concentrate when tv is going on this is like my i'm turning into my mother she went when i would be like i'm studying she oh you're studying with the television i can do both you know that's why i

SPEAKER_256: felt french that's why i can't speak french right now three years of french i can't speak a word of

SPEAKER_11: french monday we anyway web spy web spy web spy uh monitor monitoring analysis reporting they've been

SPEAKER_121: a supporter from the beginning everybody take a moment and thank on twitter thank you at dna mail thank you at you stream thank you at web spy thank you at power vps thank you thank you thank you

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SPEAKER_260: we're paying lon harris i know web spy actually hosted the perth australia meetup right and so that's

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SPEAKER_261: watch the product demos webspy.com we love them moving on we should have uh wes wes okay on the phone we have wes yes wes is calling in he does not have skype access okay fair enough

SPEAKER_19: there you go speaker phone mr wes mr kalkanis how are you good wes uh fan of the show i so i recently

SPEAKER_269: discovered you guys on itunes like maybe three four weeks ago i've been trying to catch up but i'm ashamed to admit i only got up to show eight i did my homework though because they called me

SPEAKER_271: yesterday and i listened to last week's show to try to catch up culturally uh good and what were you

SPEAKER_261: searching for on uh uh itunes that you found us researching for awesome i i was searching for

SPEAKER_274: awesome entrepreneurship ah entrepreneurship very good that's good good awesome okay uh so where are you

SPEAKER_269: calling from well i'm calling from eastern connecticut but it's only temporary i'm actually relocating to the united kingdom in about three weeks oh my god this is the connecticut episode

SPEAKER_275: of this week in startups i didn't even realize that well i have to plead total ignorance i'm not in a

SPEAKER_269: place where i have internet access i don't know who the guest is today i haven't been listening to

SPEAKER_113: the calls i apologize don't worry about it let's hear your question all right so i'm a mechanical

SPEAKER_269: engineer i'm not a um although i'm a programmer as well i'm not calling you about any kind of internet startup stuff um all my friends are engineers we tend to hang out we're the only people who can tolerate each other um it's easy for us to talk about technical stuff none of us really have any business acumen and so i've got a couple of ideas um i just left my full-time job today i finished my checkout this afternoon i'm starting up a new thing in the uk with regards to engineering i have some ideas um how does one go about vetting an idea to see if it's marketable that's the first part of my

SPEAKER_50: two-part question okay so how is an idea marketable uh that is a good question uh what you need is you're going to need to find somebody uh in that vertical somebody with what we call domain expertise

SPEAKER_08: so if you're uh thinking about doing something in the vertical of uh retail you need to talk to

SPEAKER_50: somebody in retail whether it's a store owner or somebody who works on the floor or somebody who works in the accounting department you need domain expertise and this is where technical people tend to get themselves in trouble they can build a solution to any problem technology allows you to hang yourself you can build feature on top of feature and one of the things tyler and i consistently consistently see at the open angel forum and even at techcrunch 50 uh rest in peace um is we see people who have built something that is incredibly technically savvy that solves a problem that nobody has that

SPEAKER_269: nobody has that nobody has so so it's like it's the chicken and egg thing like seth godin do you build a tribe first or do you build a product and then build the tribe right so what you want to do is you

SPEAKER_204: want to do a little market research and this is where engineers have a problem because let's face it

SPEAKER_50: a lot of times people go into engineering they might be you'd say a little socially awkward i'm not pointing any fingers to any specific entrepreneurs uh or any individuals but it does happen that way that some people are drawn to these technical problems are less drawn to social activities you have to get over your social anxiety your social fear if you have that if you don't great find those people how do you find them you could put an ad on craigslist i'm look i'm doing market

SPEAKER_46: research about um fast food restaurants i'm doing market research about cafes i'm willing to give a fifty dollar gift card to amazon to or to the apple store to anybody i can speak to for half an hour

SPEAKER_269: about their business okay be brave and go do that i tried to crowdsource some opinion on reddit a couple of weeks ago but i think what i was lacking was incentive yeah so you know some sort of reward scheme

SPEAKER_46: might be very helpful there yeah and what you can do is you can lie you could say i am from the national research association of america whatever that probably exists but say i'm from

SPEAKER_11: the technical research department you can go buy that domain name put an ad up for this put it on craigslist be creative this is what tyler does this is we got tyler right here hey wes yeah tyler go

SPEAKER_148: ahead yeah who would be if you had three people who's number one on your list in terms of dream

SPEAKER_269: person that you could ask questions of ah see now that's something i haven't even considered yet but if i were to try to shoot from the hip on that yes to be honest there are a couple of people i know that i could ask but they're not guys who have really crushed it as entrepreneurs i've i've grown up as a staff engineer for a couple of very good companies but we you know i haven't really been out

SPEAKER_106: there that much so i guess that but he's getting my point my point my point i wanted to give give you

SPEAKER_148: was whoever it may be if it's a high ranking person a ceo somewhere or whatever um being that you're so early in the idea stage um and if you get a little bit of happening because it's really easy to make some mock-ups these days especially for you if you have some um developer sense right um i can that and and rather than appeal to uh like i'm trying to sell this guy on something i think you would be surprised to find how open some ceos are if you say look i'm a very humble young ceo who just left my job in the u.s to move to the uk and working on a solution in this i want to revolutionize this space that you are a leader in and um but you know it would mean the world to me to get a minute of your time if you if uh if you have any um i think you'd be surprised the amount of click-through rate or reply

SPEAKER_269: rate you'd get out of that oh that's correct that yeah that leads me to a beautiful seg that's a beautiful segment of the second part of my question if i do end up talking to these people right if i have

SPEAKER_308: an idea it's not patentable nobody's ever put these components together in a particular way how do i

SPEAKER_202: protect that idea yeah so this is a question that comes up a lot how do i protect my idea if i we're

SPEAKER_50: going to talk to people to get research well you have to realize ideas are easy execution is the hard part if you come pitch a guy like me i'm too busy i have too many ideas that i'm executing on there's no chance i'm going to steal your idea and go do it i'm too busy also there's a reputation management issue for people who have stuff going on and they're professional angel investors or professional ceos they're not likely to steal something because the downside to their reputation is greater than

SPEAKER_46: stealing your idea if they're in the space that you're going into they've probably had the idea it's probably in their ideas bin they just haven't gotten to it on their strategic roadmap i have people every month tell me you should add a feature on mahalo answers where i can answer a question in video or you should add a feature in mahalo answers where i can follow a topic you can you should add a feature mahalo answers that does this and people inevitably are telling

SPEAKER_11: us things that we talked about before we even launched mahalo answers 18 months ago so generally people young entrepreneurs overvalue the ideas and they don't realize how much of this is just about pure execution facebook was not the first social network facebook was the 20th social network youtube was not the first video file sharing site it was the 1000th it's the execution and if there's some minor details that are very important on a strategic basis you don't have to tell them you don't need

SPEAKER_46: to you just try them so you can tell me over idea i'm going to make a video site chad hurley goes and talks to people about video site they're like okay well there's been other video sites what what you know and he doesn't have to tell them oh well i'm going to use flash and i'm going to make it syndicateable and free so everybody gets it for free and you can syndicate it to your site he doesn't give them those two little you know blocking and tackling ideas that they have and by the way

SPEAKER_11: those might have been two out of 200 ideas they had and they might not even known those were going to be the breakout ideas so don't overestimate your ideas is the is the basic there and i've heard you

SPEAKER_313: say that before too like if you're in a space if you're in a vertical and there is competition if you can get there first those people are playing catch up so that's important too i suppose you want

SPEAKER_46: to get you want to get a nice lead anytime you can get a lead in business that's good right it's like in

SPEAKER_11: poker uh you want to have the lead in terms of aggressiveness so if you bet pre-flop everybody

SPEAKER_61: assumes he's betting for a reason then when the flop comes down if you bet again you're still in the lead somebody has to take that lead away from you the way for them to take that lead away from you is by re-raising if they re-raise you after you've raised twice that means they must have something

SPEAKER_46: great or they're phil ivy or they're or they're dur and they're crazy so this is that sort of high level

SPEAKER_58: version of it you you you just keep pounding it when you have something great and you and you just

SPEAKER_313: keep building your lead all right i guess the other lesson i've taken from listening to you guys

SPEAKER_318: is um swing the bat you know get out there and do it doing is everything i suppose right uh you miss

SPEAKER_319: 100 of shots you don't take right so uh it's pretty much that simple words of uh easy boy yeah what's that did he say that yeah easy boy he got that for me in his video yeah he does uh and you

SPEAKER_321: you got that for me he's doing the half court shot yeah that's what he says he says you miss 100 of

SPEAKER_323: the shots you don't take and then he sinks that's my line he thinks i got that from pat riley to be

SPEAKER_213: honest but yeah if that easy e-boy uh actually took that line it's pretty funny uh freeze freeze

SPEAKER_121: crowd of freeze crowd whatever that i have to get him on here to explain freeze

SPEAKER_325: oh he'd be an amazing guest for an episode yeah all right well done uh and travel safe to the uk

SPEAKER_283: all right well thanks for your help i appreciate it guys i'll keep listening good luck catching up

SPEAKER_50: with all those episodes you got a long way to go kid he's got yeah 47 i always feel bad for the guys who came to the show a year late because they're just gonna sit there and they're like i gotta listen

SPEAKER_110: to that episode they get through one episode oh my god i gotta listen to that episode i hear from

SPEAKER_327: people who are saying like i'm currently digging my way through i'm on 21 here i come

SPEAKER_08: and the question is do you start from the beginning and work up or do you start from

SPEAKER_16: the end and work down i would say start from the beginning it's like watching a tv show you want to you want to see the early stuff you want to see how it progressed it's like lost you don't

SPEAKER_11: jump into season four i mean there's all different theories of how to do it you can cherry pick too you go back and just watch the most tweeted about talked about ones um you know what else people

SPEAKER_50: are talking about power vps power vps a lot to talk about there these guys are uh providing great uh cloud solutions just host your stuff in the cloud you don't need to buy your own hardware you don't need to waste all that precious capital you have virtual and dedicated web hosting good and only 59 a month if you use the code twist 25 off for the life of your plan that means if you bought the 59 plan forever you can get that 15 bucks off whatever 25 of 60 bucks i think i'm right uh that's

SPEAKER_58: a pretty big deal the margin on this their margin might only be 25 essentially they might be giving this to wait for yeah at cost to our viewers get in there now before they change that deal uh get yourself some managed hosting no reason at all for you to buy all your servers and manage that yourself unless you're one of the top 100 sites on the internet that's just the honest truth if you're

SPEAKER_11: if you're spending a quarter million dollars on servers that's not what this weekend does now you guys are using managed hosts yes we do and you can watch this week in cloud computing show uh but power vps has been awesome to us and i do thank them for sponsoring the show from the bottom of my heart and you can thank them by tweeting please do thank you at power vps thank you at dna mail thank you at web spy thank you at you stream put it on your facebook whatever uh what great guys let's get the next caller on here we have joe joe are you there no this is this is jacob that's what i said

SPEAKER_336: jacob jacob you're there well joe jacob doesn't really matter yeah um yeah so my question is i'm running this gear this uh website on on software you know i i watched the episode where you had gary vanachug in there yep in the studio with you and you were talking about being in the content game train and just pick one exactly that's the one yeah yeah because and you know that that line struck a chord with me because i just recently got off the bitch train and picked one of my i don't know hundreds of ideas so anyways i'm running this website on uh on software and um i'm i'm on about 60 000 unique visitors a month right and uh everything right there is just free you know i have a few ads on them and the question is uh is how do i how do i monetize it i'm pretty sure you get this question all the time yeah so

SPEAKER_46: you have a content site exactly yeah so content sites are very hard to monetize uh in general categories unless they have scale because advertisers want to reach generally they're going to spend ten thousand dollars or twenty five thousand dollars they need to reach hundreds of thousands of people millions of people so how do you monetize if you've only got 60 000 it's not enough people

SPEAKER_177: unless you're in a vertical are you in a business to business vertical something very narrow

SPEAKER_336: or not really no it's it's like it's like tutorials you know it's it's not news it's just how do you do this how do you do that like explanations so it's yeah it's pretty broad yeah yeah so this is going to be

SPEAKER_11: very tough for you to monetize uh because you're up against people like eHow or even Mahalo has how-to articles uh video professor etc so i think what you have to do is you might want to pursue a freemium model where you give away the first 20 how-to uh articles and then you pay for the next 10 something premium uh you can imagine on this show if i was doing uh uh if i did a series of meet the angels and i did only interviews with angel investors and i charged 25 for them you can be sure people

SPEAKER_349: would pay for them sure because angel investors are hard to get to and you would love to hear them

SPEAKER_97: talk about and absolutely uh would be pretty compelling i mean we have viewers every every week

SPEAKER_20: calling up and asking us about how to get advice from vcs and angels yeah so that could be an

SPEAKER_11: incredible thing we produce and you can charge for it so i think premium content would be a way for you

SPEAKER_50: to do that second thing is you might want to do something called custom publishing in the magazine business you ever open up a magazine and you see there's like a 10 page article on aruba or jamaica or seoul korea that is content that was produced by professionals for the visitors bureau of

SPEAKER_11: the bahamas or something and they're making content for them so uh custom publishing and you can do a google search on that can be a great way for you to go to somebody and say hey technical person uh who sells this software package for video editing i'm gonna would you like me to make 20 how-to articles about your video editing software and come up with examples uh and then you can come into a small company i would go after the small companies we have one director of marketing who handles everything and they may not have a huge budget or an outside agency if you have to go to an outside agency you're

SPEAKER_58: dead in the water uh unless you have a very loved niche brand uh with a very peculiar company uh you need to find the small companies that are under 100 million dollars in revenue under 10 million

SPEAKER_11: dollars in revenue perhaps under a million dollars in revenue and sell them on a very small package of a thousand dollars a month or something to sponsor the site okay did we get the name of the site

SPEAKER_336: what's the name of the site well it's um it's it's my last name it's j-e-n-k-o-v dot com jenkov yeah jenkov yeah it's it's growing it's growing it's growing nicely but you know it'll take you know

SPEAKER_358: i did i did the numbers it'll take me like i don't know two three million visitors before you know before

SPEAKER_360: i can actually make any so you're a software developer and you're teaching people how to do all

SPEAKER_11: this stuff yeah uh another possibility for you is to actually hold i don't know if these streaming

SPEAKER_58: companies do it yet but i'm waiting for somebody to do this where you actually do a streaming tutorial where people pay to be in it you can check with you stream to see if they provide this

SPEAKER_336: you can do like online like online conferences yeah if you could actually charge for an online

SPEAKER_11: conference you can do them for free to teach people how to use a certain type of uh software

SPEAKER_50: like this butterfly software um if you did a free uh course and then you did a 99 you know uh three week

SPEAKER_08: advanced course or something on the weekend somebody might actually pay for that they might be able to get their boss to pay for it so what i would do is i would take whatever vertical you're really good at like say butterfly uh and i would do like butterfly guru or butterfly training.com or something like that and then i would um focus just on that and trying to sell something in that space because you have to learn as an individual as an entrepreneur now how to sell you've got to get

SPEAKER_50: that into your dna and the only way you're going to do that is by focusing on something very narrow and creating something of great value think about value what would you pay for what would you uh what could you charge that would be um undercharging and delight the customer and make them feel like they got the greatest deal ever you know sometimes people take a virgin america flight to san francisco from los angeles for 29 and they can't figure out wow that's so great they take orion air and they go i pay 50 bucks for this i can't believe this is uh so cheap or they you know they they go to a certain uh restaurant they eat something and they go i can't understand my god i i had an incredible burger at in and out and it was three dollars or whatever it is money uh is important to people

SPEAKER_11: value is what it's about it's not how much does it cost it's how much value does it have how much value did i get for my dollar uh gordon ramsey talks a lot about a lot about this in the restaurant business did they get value for dollar forget if it's ten dollars for the hamburger or thirty dollars for the hamburger a thirty dollar hamburger could be an incredible deal if it had foie gras and black truffles on it for thirty dollars a ten dollar hamburger could be a rip-off if it's a frozen panty that sucks uh so think about value and the way to think about value we had another crawler on is to is to start talking to the potential customers so you could find the people in the who use this butterfly in the irc chat room uh or on a mailing list somewhere and say

SPEAKER_58: what what training would you pay for or what content would you pay it for um so you're off to a good

SPEAKER_11: start and you got off the bitch train you got to get off the bitch train and pick one and you picked

SPEAKER_66: one keep evolving the um keep evolving the software any comments from the uh peanut gallery over here

SPEAKER_83: tyler i think that was uh i think that's the right advice i think you know yeah it's just uh it's gonna

SPEAKER_20: have to reach either critical mass yeah or it's gonna have to find like a really kind of tight audience that just lives and dies by the content on that site and then yeah how to content just it's so ubiquitous i mean there's so many different people trying to make plays on that right now what i like

SPEAKER_11: about this is very narrow yes you might want to email tyler at uh mahalo after this and talk to him about some of the things he's working on because maybe there's a way we could work into some stuff we're doing okay well done and uh keep crushing it let's get our next caller on the line we're moving

SPEAKER_354: pretty quickly right now we're at about an hour into the show and we've been what three three callers so

SPEAKER_83: far well four i think four callers so we only have one one more call we have one ask jason then we have a shark tank and then we have some news yeah yeah that's a show we had to keep moving though we've

SPEAKER_312: got two more callers um did i i thanked all the sponsors already you thanked all the sponsors

SPEAKER_11: believe you did yeah uh just as a programming note there's a new show on the network yes uh several coming up in the next several but you have one debuting this sunday at 6 p.m yes uh for those of you who watched this week in casting where kevin pollack and i uh were taking pitches guy named

SPEAKER_375: ed krasnick came in hilarious guy he's funny he's really funny he's a legit comedian no he's really he's

SPEAKER_72: been to stand up for 25 years right and he's been in movies i think a couple films i've definitely seen

SPEAKER_16: him on television he was on mad tv and he did a woody allen impression when i first met him i was

SPEAKER_223: like how do i know this guy yeah and that's how i know this guy and he did the woody allen impression

SPEAKER_34: for it and it's amazing he'll have to do it on the show uh so ed krasnick a very funny guy and i thought

SPEAKER_11: he had the best pitch during the casting sessions and it was for this week in comedy and tell us

SPEAKER_58: what the what's he did a tell us what the show is about right and tell us what episode zero is and

SPEAKER_72: how that works inside the studio while we wait for the call uh well uh he it's basically he would describe it as sort of it's comedians giving you the inside story of what it's like to do comedy so

SPEAKER_16: it's a funny show but it's also about what it's like to be a comedian and how comedians find their voice uh we're sort of internally calling it inside the comedian studio because it's a lot like what james lipton would do uh you know where he's getting the first episode that is going to be on on sunday has two amazing comics comics that i grew up with really rick overton and paul provenza uh paul provenza actually created the aristocrats that documentary i love that he directed that film it was his idea um so he's gonna be on here i'm sure they'll talk about that um but yeah it's really about like sort of the art of comedy and what it really is about to be a comedian um he did do a pilot with us last week that's just for our sort of we film these pilots and then we don't we don't air them we just keep them so we can look at it and get a feel for the show and honestly we could have put the

SPEAKER_133: pilot on the air i mean it was that he released it at the 50th episode or something we're gonna hang on we'll do like a lost episode week where we'll have all of the pilots so this is one of the

SPEAKER_11: first new shows not a technical show so for all the people who are like oh my god you're competing with leo 95 of the shows we do are not going to be non-technical this is the first of many

SPEAKER_16: entertainment and lifestyle shows we're going to debut in the next couple months we've got a caller

SPEAKER_390: on the line who's there this is joe joe this is joe yes where are you calling from joe i'm calling from manhattan beach manhattan beach it's just down the road just down the road and uh i think i see the

SPEAKER_42: beach in your uh window in the mirror behind you is that the beach uh yeah sweet yeah um and uh i like your bp oil uh shirt let me see that shirt please bp cares about nothing uh about themselves there's

SPEAKER_394: somebody who is saying that people in england are upset about the backlash colbert was talking about

SPEAKER_202: this like it's like really people people of england are you out of your skulls can we take this oil and put it uh i mean england is an island am i it's one of one out of every seven pound is of british

SPEAKER_401: petroleum is in the uh the uk pension system so see and they're talking about yeah so it's a

SPEAKER_46: it's a mess wait a second you're saying that the pension systems in the uk have invested heavily

SPEAKER_398: 15 of their money in bp yeah they say one in every seven pound okay so this is not bp's employees

SPEAKER_142: pension this is the pension for all of england the whole tied up in 15 of it's tied up in bp yeah exactly the whole country so if bp gets wiped out people who are retiring get 15 less has has a bp

SPEAKER_406: lost like 50 billion dollars of its stock value recently fit more than that yeah i think it's down

SPEAKER_11: half uh and it's gonna it's gonna go to i i'm telling you right now i guarantee you bp will be

SPEAKER_58: insolvent a year from now they are absolutely going to zero you heard it here first i guarantee you the company does not exist it is enron or arthur was it author anderson that also blew out in the enron

SPEAKER_282: mess that's the world com blew out i believe to work on blood yes and arthur anderson was actually

SPEAKER_43: the accounting firm right they blew out they blew yes this is going to be a blowout there is no exxon

SPEAKER_142: recovery for this no period i mean there will be no bp oil period it's gone that being said uh i love the shirt and it's it is a great shirt and please tell me that's an actual bp shirt from years ago and

SPEAKER_213: not something you got off the internet for in the last week no no i just got off the internet okay

SPEAKER_111: this is the bp global pr shirt right i think yeah it is the one they're selling because i can tell it's

SPEAKER_11: got the oil around it right that is brilliant i would like one of those very clever um

SPEAKER_418: joe what's your question uh yes so speaking of failures um my question is my question is about

SPEAKER_398: failing and um i guess how does an entrepreneur define failing and um and failure and when do you know uh when to cut your losses uh this is a good question uh failure is part of swinging the bat right

SPEAKER_142: i mean you're gonna miss like i said before 100 shots if that you don't take but if you were to hit

SPEAKER_121: a third of them in the nba you'd be good if you hit half of them in the nba you'd be an all-star yeah so you have to get over your fear of failure the people who are the most successful the people who

SPEAKER_46: have failed the most because that means they've swung the bat the most and if they have big failures

SPEAKER_50: that means they have big successes in all likelihood because they're swinging the bat so hard and so furiously that god forbid they connect with the bat it's going to go off the thing i have a friend

SPEAKER_11: alan musk who started a company called tesla and he started a company called spacex two years ago he used to go to dinner and uh that was when you heard the rumors that tesla had uh six weeks of capital left and spacex had two rockets uh not make it to space uh also known as blowing up and let me tell you something those were depressing dinners and he is a warrior and we had these late night dinners and here in los angeles and talking to you know all hours of the morning and we went to dinner this saturday

SPEAKER_46: night he launched the falcon 9 rocket on the first effing try to space tesla is filed to go public and got nissan and they got mercedes to put 50 million dollars in each everything he's doing is now a

SPEAKER_50: home run and i gave him a toast and i said two years ago this dinner would have been wildly depressing and it felt like it was the end of the world for you and it's two years later and you're on top of the world and you know what none of us ever doubted it for a minute your friends with like eight friends i said none of us doubted it for a minute we know that you kick ass we knew you'd fight through it and that's the resolve you have to have if you're going to be a world-changing entrepreneur steve jobs came out with the newton and that cube i mean these these things were garbage i forgot about they're garbage in order to come out with it with something as brilliant as the iphone or the ipad you got to have some clunkers i mean you just risk-taking is about that so when do you know when to cut it off uh there's a couple different school of thoughts here if you believe that the idea is going to work then i subscribe to the never say die uh school of thought when i had my first company the silicon island reporter and we had 12 million dollars in revenue 70 employees i stayed with that company till we were down to 10 employees and a half million dollars in revenue it was the eight it was 18 of the worst and most educational months of my life which crescendoed with september

SPEAKER_11: 11th in new york and not knowing where my brother was when the building came down uh and his job was a fireman and his uh firehouse was in williamsburg about five minutes away from the uh world trade center and rest in peace the other a lot of the other guys who went from that firehouse he had he

SPEAKER_43: had left work earlier that day and he survived but they they died and so that day was probably the worst day of my life that i can remember uh but you have to fight through it you have to fight through

SPEAKER_46: it uh for yourself to know that you did everything you can to see your vision uh make it now if you don't think it's going to work you can't cut the cord quick enough when mike arrington started acting insane about the tech ranch 50 conference i was very clear with him either we do the conference under

SPEAKER_50: these circumstances or we don't period there is no middle ground oh you would like to renegotiate our 50 50 partnership is now 90 10 there's no conference we're dissolving the company and i will sue you and i will sue every sponsor and i will sue anybody who buys a ticket who came to the previous event if you try to steal a conference from me and i'm no i'm not joking and i love you mike we're friends but either the conference continues on a 50 50 partnership or it doesn't and guess what it

SPEAKER_11: doesn't now the conference is gone so there's two different instances there where one i said i'm gonna go down with the ship and i didn't have to but i ended up selling the company but i took a bath

SPEAKER_50: i got my ass kicked and the other one you know what mike doesn't want to work for me anymore his loss now i own 100 of the conference instead of 10 so i had a choice go 50 50 to 90 10 or to 100 guess what i would rather be have 100 i'll do it myself and it'll be a better conference so you have to be confident like that cut your losses your next idea will be even better because you're going to iterate and start with a clean slate sometimes things are just so messed up that nobody can fix them bp oil is so messed up nobody's going to fix this company it's over they should start dissolving it immediately they should start selling the assets to other oil companies they should just create a fund to clean everything up move the assets out to other companies and the value for the pension fund and dissolve the stock because there is no way to solve this if they could have the the time to solve it was in the first 20 days day 60 or 70 of an oil spill where the damage is going to be much greater than the value of bp right it certainly seems that it seems to me like the damage of this is going to cost more than the value of bp maybe i'm wrong well it depends on yeah how you're valuing bp right

SPEAKER_71: um i don't see i don't see them coming back from it maybe this is a bad example they don't seem to

SPEAKER_11: be capable of cleaning it up they don't be able to stopping it which means it's going to go on forever which means it's going to destroy the environment in that area for a very long period of time

SPEAKER_46: and it's going to cost too much to clean up so you then you got to know when to cut your losses and you know what the next day you just come back stronger and you to fight harder that's it and you know what i've been in situations that are like poker hands where people have told me like um you know like how do i say this without revealing it i was told you know things have to go forward a

SPEAKER_11: certain way and i said no and i will give up everything including all the value i have in the

SPEAKER_46: equity in the stock and i will start again tomorrow and i will make you look very foolish you're all in

SPEAKER_110: yeah all in effort and if i lose my hand you know what i'll start a tournament tomorrow i'll do it again you have to feel that way as the entrepreneur the person who is the creator as the creator you can create again and you always have that card that's why people think oh my god the vcs they got me by

SPEAKER_50: the best you know the vcs don't have anything if you leave as the creator they're left holding a company that they don't know how to run they don't and they don't have the time to run and you can start again tomorrow fresh people don't want me to be the ceo of mahalo guess what tomorrow i'm starting mahalo 2.0 and now you got to compete with me and i'm starting fresh and i own 100 of it and i don't have

SPEAKER_46: any of the baggage or you know or any of the things that you think are a problem so uh you have ultimate power as the entrepreneur i believe uh to shut it down and start again or to fight like a dog you know

SPEAKER_398: until the they burn you alive at the stake uh how is failure defined say in in a bootstrapping sense like in an idea of you know founding a company i i don't you know what i don't believe in failure

SPEAKER_213: oh that's funny um we just saw a headliner thank you for that there's a funny story on tech how do you delete your uh mahalo page i don't know if we have a delete feature we don't i mean

SPEAKER_436: you can write us and say remove me and we'll remove you instantly i don't know if we've ever had anybody

SPEAKER_438: ask us to delete the page but put a delete page on put a delete button i'll make a note to the team um anyway point being i don't believe in failure you know it's just like i it just all becomes like

SPEAKER_11: the culmination of your experience it's like you failed the test in college does that mean you're

SPEAKER_50: a failure no you failed out of a of a course in college are you a failure no you failed out of college and then you went back and got your degree or your failure no same for startups you failed at a certain product in your startup make another product or feature you failed at a certain product in your company junk the product into another product oh wait your product uh doesn't work start another

SPEAKER_110: company company fails start another company that's it there is no failure if you start thinking this failure uh you don't realize that we live in the greatest society ever here in the united states

SPEAKER_50: you can start a company tomorrow and you have no baggage there is zero downside to failure in this country therefore it cannot be defined as failure yeah how do you define it as failure if tomorrow you can start over again this is why there's two different types of people here in the united states there's rice pickers and they're samurai once you have this get into your head like oh my god i can just start over again and there's zero cost to me and there's i don't lose anything i just start again then you are a samurai forever you're a warrior you're a ronin you can just do whatever you want and rip people apart sharpen your sword and just go out every day and cut people's limbs off but if you're a rice picker you think oh my god i gotta get this rice together because my boss wants this rice at the end of the day and what you're thinking about is these little pieces of rice you don't realize there's a whole world out there beyond the rice fields be a samurai not a rice picker that's it that's all

SPEAKER_11: i have to say okay that's it nice question uh well done thanks cheers i think i answered the question

SPEAKER_94: i think you more than answered the question actually sorry the question put me a little bit on tilt

SPEAKER_103: he tilted me with that question his question about how do you know when you failed is interesting

SPEAKER_148: but the the flip side of that is how do you know when you've learned something i guess like how do you know when you've yeah um how do you know when you've developed and advanced yeah i think you're i mean i think an intelligent definition of failing is when you're repeatedly learning the same mistake over and over again and not learning from the mistake and you keep making the same mistake without learning from it that's sort of a there's no progress happening there failing is a step to progress absolutely but if you keep failing without taking the step for progress because you're not learning the lesson that's that's mad that's real failure yeah that's

SPEAKER_96: real failure yeah but but then again some guys bang their you know some guys try to do the same

SPEAKER_110: thing over and over again and they wind up doing it on the fourth try yeah you know some guys or folks

SPEAKER_43: girls too like they tried four times to do i think it's because i think it's because they're learning

SPEAKER_121: they're learning some lesson there right so maybe the outside world it seems like they're not and but they are actually that you know internally yeah you know internally it's you know what i'll tell you

SPEAKER_142: something about humans uh we are very self-aware it's just a matter of if we want to admit it or if

SPEAKER_110: we're lying to ourselves when you do something stupid when you've failed you know it and then it's just a matter of if you want to admit it or to yourself or not i've had plenty of failures i've done lots

SPEAKER_11: of things that haven't worked and you know what i say to myself that sucked moving on and you know i even do the same thing to the to the successes and the wins you know oh my god tech crunch 50 first year such a success great you know what i gotta go back to work i don't have time to sit here and

SPEAKER_110: revel in the success yeah that's why i don't look at press clippings that's why when you come around this office you don't see a hundred press clippings with me and all my victories yeah i put my i measure my press by the pound yeah and the inch and i put them in the box and my wife's like oh we have to get this framed i'm like no you have to put it in that plastic box and seal it and the kid can look at it when i'm dead but i'm no interested in looking at my press clippings while i'm alive so

SPEAKER_151: the girlfriend marriage thing do you look at your ex-girlfriends as failures or were they learning

SPEAKER_148: lessons towards that you applied towards uh the one that you end up marrying it's a wonderful insight you knew it was coming am i right like you don't look at your ex-girlfriend as a failure you look at it as well i learned a lot and i grew from it and i applied it to the next one and eventually you learn enough that someone actually wants to

SPEAKER_126: right yeah absolutely i agree every girlfriend is a progress and knowing your last girlfriend

SPEAKER_472: or two or three i know where you're coming from on that every girlfriend's dog is a learning opportunity

SPEAKER_474: yes you've uh you've you've advanced in that way yeah i was actually going to say uh it sort of

SPEAKER_16: links up to what we were saying to one of the or what you were saying one of the previous callers about uh sort of it's the it's the execution not the idea so many people are married to their ideas

SPEAKER_83: right and it's like if it's not working okay wasn't that great of an idea come up what's your next idea and it's not you can't just be like well this idea is so good i'm going to try it and try

SPEAKER_42: and try it even if it's never going to work the individual the entrepreneur has to be bigger

SPEAKER_312: than the idea exactly steve jobs is bigger than any one idea right i mean you know and and presumably

SPEAKER_16: apple products there have been apple products in the history of the company that didn't work

SPEAKER_327: it wasn't oh my god apple is dead they're going to fail forever it was like okay that idea didn't

SPEAKER_29: take how can we change it how can we fix it let's get our newsman in here let's do the news we

SPEAKER_176: have a uh we have a shark tank i don't know if you want to do shark tank oh we do have a shark

SPEAKER_126: we can do news and then shark tank it's up to you you're the host uh 214 let's do a quick shark tank

SPEAKER_485: i need more that's what i want uh how are you doing what's your name my name is sterling where

David Friedberg: you calling from calling from atlanta uh hotlanta on the line uh what's the temperature in hotlanta

SPEAKER_494: today it is about 89 and sticky with 20 percent chance rain later so it'll be more sticky after that

SPEAKER_496: god damn just because humidity down there and it's june it's not even august what is it like in

SPEAKER_499: july and august in july and august you basically you know strip down to t-shirts and shorts and walk

SPEAKER_11: around in flip-flops as if you're in florida without the beach right uh you know the rules you have 60 seconds uh you are going to pitch us and everybody in the chat room will give us two numbers one will be

SPEAKER_61: your pitch colon a number from one to ten next they'll say idea colon one to ten for people who

SPEAKER_11: have been doing this for a long time they're probably just going to put a number slash number

SPEAKER_506: right some people who are uh they know p colon p colon i colon that's usually what some people just put

SPEAKER_11: one two nine ten they just know we know uh we know we'll get you pitch comes first idea comes second

SPEAKER_507: are you ready to go sterling always three two go as a father of two i know that most every parent has a room or garage full of clothes toys cribs and craters etc that they no longer need most of this stuff is hardly used but because it's no longer needed you either give it away at a loss or donate it at a loss until now storkbrokers.com is an online marketplace that allows parents to sell all their no longer needed baby and kid items there are approximately 60 million parents in america with kids under eight years old and on average they spend about four grand a year on kid products that they quickly outgrow so we're talking about a quarter billion dollar problem every year and we get a percentage of every sale and that's just in the u.s so what makes store brokers unique is that it's not only social selling social shopping so buyers and sellers can actually have meaningful interactions but the best part is for everyone you invite to the site you get a percentage of their sales you can

SPEAKER_510: actually make money by your friends selling baby kits baby products they no longer need we're about

SPEAKER_142: making entrepreneur of every parent wow well done uh you did in 55 seconds five seconds to spare uh this

SPEAKER_46: was a great pitch actually uh you can't you started with the truism my god you just got boxes and boxes

SPEAKER_507: of stuff it's so annoying then i think some of those products in your in the background your pictures i get from london about london yes i say wow he's he's getting those those walkers and play pens in the

SPEAKER_11: background i know all about it we just the other day we had bags and bags of clothes that she's outgrown she's six months old i'm like wait wait a second she's only six months old yeah but she's twice as big

SPEAKER_50: then you came up at 42 seconds in and you dropped a really good solution to the problem that i am very well aware of and any parent is very well aware of at 30 seconds in you mentioned 4k is the amount people spend i immediately said as an angel investor yes that's true that means there's an opportunity

SPEAKER_11: there's 4k and barely used products here uh and and you mentioned hey people just give them away or try to give them away they don't know what to do with this stuff they pack it up maybe they're having another kid it's all true stuff all great facts i got me nodding the whole way through and there

SPEAKER_50: was no fat in here uh then you said at 23 seconds in there was i get a percentage of my friend's sales that doesn't appeal to me but i know some friends who probably are cheap who would that would appeal to very much so they might be i might be the guy that gets the email from a friend who says

SPEAKER_08: hey you know have you seen this and it's got the referral code and i even know that person's getting some of the sale um so the mlm part towards the end of 10 seconds i'm not crazy about

SPEAKER_50: but it does show you thinking about marketing and virality i give the pitch 10. i give the idea nine i don't know if it's going to change the world idea but i think this is something

SPEAKER_517: i love the name stork broker stork brokers great it jumped out at me right away it might be the best

SPEAKER_50: pitch this is one of the three best pitches i've ever heard this is an early early uh lead for pitch

SPEAKER_516: of 2010 i think for the for this second year it was a great pitch very good pitch of 2010 this entire podcast is going on the website because this is going to my blog well i'm going to uh read off some numbers

SPEAKER_442: here from people in the chat room i see uh nine for the pitch four for the idea i don't agree obviously

SPEAKER_50: eight eight seven seven uh eight for the name eight seven seven six seven seven seven eight six

SPEAKER_442: seven six eight seven ten seven i mean these are all extraordinarily high for yeah the the chat room is tough chat room is very tough

SPEAKER_75: yeah no nine eight nine eight eight five seven five nine nine's from that i mean i've never seen

SPEAKER_58: you very rarely see a nine i mean people really liked your pitch people are obviously learning they're listening to the previous pitches and learning that in order to pitch you want to be

SPEAKER_61: present a problem present a solution have a great domain name people are learning the heuristics of this week in startups and absolutely well it's a great show and a great host yeah well that's true

SPEAKER_11: that's true very good i think this is actually i'm going to i'm going to restate my 10-9 to a 10-10

SPEAKER_151: uh okay tyler what were your thoughts um his name is sterling but that was a platinum pitch

SPEAKER_531: you have to play the theme music after that one a pun on that level yeah that really wasn't an insight

SPEAKER_533: it was a pun uh um yeah there's nothing you could do to improve it yeah i don't think you can improve

SPEAKER_61: that wow yeah i mean for a minute pitch i mean there's a 10 minute deck this is a this is open

SPEAKER_11: angel forum ready i would have this guy to open angel forum you'd probably be one of the two or three best companies out of the six presenting where are you based atlanta atlanta uh and how old is this

SPEAKER_507: business so this business the the idea is is several years old we you know we really want to think through and make sure that it was you know there's a reason somebody else isn't doing it you know is the market big enough will people actually use it you know but we we sort of made it open to some people to use and we get some some non-prem beta testers in april of last year and based on all the feedback we've gotten things they like things people didn't like you never really know until someone tells you that's not your friend and now we're revamping the site relaunching it to make it cleaner easier to use easier to market what is the domain name with other sites sorry what's the domain name it's

SPEAKER_142: stalkbrokers.com oh really i think we just shut your site down i'm on it oh okay the the pitch of

SPEAKER_148: the 10 the idea is easily eight five maybe even nine as jason said i really really love this idea and i'm always confused where all these i was talking with jason's wife about this the other day like i don't have kids yet but i'm planning on all my friends who have had them to benefit from their going first yeah um but it's one of those things like it's such a huge niche that doesn't seem to

SPEAKER_147: have been filled um yeah i mean that's what jumped out uh to me about it when i first read the the

SPEAKER_16: pitch when he sent it in was you know it's basically like niche ebay like ebay is too big for to be directly compete you can't start your own sort of auction site ebay is just there already and it's doing

SPEAKER_72: it but you know if you carve out like a little interesting niche with its own sort of unique features just for a certain audience i i could see people choosing this over ebay for their old right baby

SPEAKER_148: stuff the the pitch and idea rank really high execution wise it looks like is where you need to shift more of your resources i mean it's good right it's really good but relative to the other two

SPEAKER_548: it's uh uh just you know keep digging on that all right right and actually that's that's feedback

SPEAKER_507: that we've gotten from a lot of actual users and other people who are founders or ceos of sites in the parenting space but not necessarily this type of type of site they said you know they're you're the initial site like our initial idea was you know we want this marketplace because that's you know that's that's identifying that's solving the problem and we want to build this community so we want to have this particular niche but we thought maybe you know maybe near the content you know the company generated content you know articles and things like that would keep people on the site longer make it a little stickier and we found out through analytics that 99 percent of the people who visit the site they go to the home page and they go to the market to see what's for sale and see what's selling and if they should upload their own products and we got feedback from other people who said you know the world does not need another parenting content site the market is where you guys need to focus and that's what we're doing now with the relaunch yeah there's a ton of

SPEAKER_457: parenting blogs and whatnot you could partner with on only yeah that's right you need to generate the

SPEAKER_554: content yourself i wish i could see the site because tyler's got tyler's got it up oh just

SPEAKER_142: came up for me god okay uh how much so the site's been around for one year you said right and how

SPEAKER_507: much you guys invested in it approximately so we have we put in about 50k of our own money and then you know a couple thousand dollars here and here and there from from friends and family who want to support it so we can so we can prove to ourselves that it's a viable concept we can prove to ourselves that they can actually be developed and and that could be maintained and and get it going so we can actually get some feedback some further than arm's length feedback from people who will tell you that it sucks if it sucks and uh so so now we're actually you know putting in more money so we can you know you know you you know you never really end up where you start so you have so you kind of have these initial developers who say they can do it but they're not really committed to get it done quickly as you need them to you know breakneck speed as as uh entrepreneur's life so now we have a good developers we have good designers marketing folks working on the iphone app so you can actually buy and sell products from your actual device rather than having to go home and log on and uh and now we're actually putting more money into it to fund that but if there's somebody out there with a little extra money you know we won't turn it down if it's a good fit okay i will give you 25 000

SPEAKER_11: dollars for twenty percent of the business and i will help you raise your next round and join your

SPEAKER_563: board yes or no 20 percent you sure you want that that's very original that's very mark brunette shark

SPEAKER_514: type 10 seconds oh this is so great he's counting down we're talking about percentage and it sounds

SPEAKER_282: great percentage 20 percent for 25k and i'll help you raise the angel round that i think that could be

SPEAKER_569: workable i think that could be doable is that a yes pending due diligence you have to make sure that

SPEAKER_217: i have to make sure that you actually own this website and that you're not a criminal and you have

SPEAKER_561: to make sure i'm not a criminal and not wanted and i actually have 25 thousand dollars to invest in

SPEAKER_515: your company right pending satisfactory due diligence on both sides we can we can uh we can work with that

SPEAKER_572: all right we got a deal first that's a first that's a very nice i just invested in this company first online live angel investment i feel like if i own 20 of this company i can uh clean up the site a

SPEAKER_58: little bit i think the design is okay but it could use a refresh i think it's a little busy they were

SPEAKER_83: saying that in the chat room too a little too much going on up at the top especially the top banner i

SPEAKER_58: think is well i mean here's the thing here's the thing you stork brokers the way you described the business to me it was about moving this junk out of my house and me getting some money back for it

SPEAKER_142: and then the site the site you're trying to do everything you got poll of the week you got members you got the grand opening you got uh spice up your marriage get in shape community we are not i village i village is i village we are selling stuff so when you come to the site it's got to look like ebay yeah i need to see the stuff and then when i see the stuff and what it's going for and

SPEAKER_46: it's got a big beautiful visual representation of it and it has it sorted by age range from like first three months so one to three four to six six to nine six to twelve like that's how we should be organizing our stuff because that's and if i'm getting rid of like once you know that i'm getting rid of one to six and i put in the age of my baby like i would come in here and say six months old i would tell you the birth date of our baby so that you could tell me here's the things you're going to need buy them used and save money here's a bunch of toys and here's how to clean the toys and then here's a bunch of toys that you should be selling so then you have me for the life cycle of this like you need to have these dvds for the next thing uh but this is a great idea i really really like this idea the execution so if we were to do three numbers here idea is a 10 presentation was a 10

SPEAKER_61: executions of six or seven but that's where i can help uh i think that this has the potential to be a very large business i honestly do i think that i mean i think we might be able to sell this business for 10 million dollars in three years two or three years i think it's a 10 million dollar business i think we can sell for 10 million dollars in three years i invent i own 20 percent of it for 25k 100 to 10 it's a hundred x 100x so i would make two and a half million dollars if i

SPEAKER_580: sell us for 10 grand so what's my do i get a finder's fee do i wet my beak on that i mean i

SPEAKER_583: do i wet i put i put the company on the show jeez i put do i get a little beast of the action

SPEAKER_585: i trade you well i trade you well all right it's very nice that everybody wants a piece of

SPEAKER_142: everybody wants a piece but you know what we're going to raise an angel round we're going to raise a million dollar angel round for this we're going to raise a million dollars the next round maybe 500 we're going to raise 500 we're going to build a sales team yeah we're going to build our own uh design team and this we're going to every two or three weeks you're going to call in and tell us the progress of this angel investment this is going to be this is this is podcasting history

SPEAKER_46: the people who are watching this podcasting history i am going to build a 10 million dollar

SPEAKER_72: company this i'm telling you right now has this ever been done before that was what it has never been done has anyone actually invested in a company live on you stream before no i don't think so

SPEAKER_592: no and uh i love the fact that you're saying we already no i'm i'm telling you we can crush this

SPEAKER_61: this is my this is my last angel investment of 2010 this is it i'm done wow i'm done it's my 12th to 13th i'm done this is june already what i like about this also is this is like it's coming out

SPEAKER_96: of this is coming out of nowhere this guy from hotlanta he built this himself he came up with a great name he got the great name i you know you can tell a lot about a person by if they can pick a goddamn good domain name it's true if you can't crucial if you call it's a if you've had people come on with terrible domain names on the show and i just want to beat them with this laptop you know like really like you really you're going to build a business with that domain name i will i mean but this is a great domain name a great domain name it is also a very good idea very good idea people and you know what there's ebay but ebay's a mess it's so complicated nobody wants to wait in

SPEAKER_380: there if you're not already in there whereas this is it's totally separate you know what we

SPEAKER_74: can do i just had a great idea i can't i can't say it on the air we got to talk about this uh so uh

SPEAKER_61: email me uh and uh lon uh and tyler can we get a meeting going uh on monday later in the afternoon we'll do a meeting uh we'll get the ball in motion find out what kind of due diligence blah blah blah and then we need to have a creative meeting and then i'm going to get my i'm going to bring two of my

SPEAKER_11: other angel investors in and we'll get a whole thing going we'll have a whole thing all right

SPEAKER_142: very good congratulations hopefully we can work on this uh and i will talk to you soon you know my

SPEAKER_494: email this has now become my favorite show now the gary baner check episode is second ah very nice

SPEAKER_46: all right we'll talk soon partner take care i'm going to make a lot of money off this thank you lon

SPEAKER_604: not to be self-serving uh to this weekend this is not this is not me uh mark uh our ceo of this

SPEAKER_16: weekend was mentioning in the chat room pick click might be a good addition to the site visual search pick absolutely sponsoring some of our other shows picking up social media pick kevin

SPEAKER_605: polish show dot com p-i-c-c-l-i-c-k dot com i'm on pick click right now so if i click ebay motors and

SPEAKER_609: i type in so as you can see here's here's what they're doing they'll they'll show you all the

SPEAKER_557: photos you can browse hold on i'll do it do i don't know how to search category

SPEAKER_114: ebay motors uh this is all this is all of ebay motors and you can see yeah you can adjust the

SPEAKER_11: size of the photos right there that's pretty good so if i were to type in i don't know what like a baby thing is but baby stroller nothing from this i think you're looking in motors right now maybe oh duh oh let me just go here visual search oh i'm on ebay so let me just say stroller

SPEAKER_612: well that's not baby strollers but i should say baby stroller baby strollers would probably work

SPEAKER_46: better baby troller right so show me baby strollers this is not exactly you know what the problem is it's too general of a search yes yeah so this is why you would have to go into uh a category that's what oh i see so i can go into the kids category right and but that's a solution you can add on to

SPEAKER_82: well they have baby right here look so i'm clicking on baby so here's all the babies there you go and i can make the images bigger or smaller i like this it's a great it's a great service for you

SPEAKER_16: yeah just surfing around as you can see there they're adding a lot of new uh services all the time that's a good idea too plenty of fish is actually a fun one that they're doing now so you can actually

SPEAKER_263: click i'm gonna go follow pick click oh definitely follow our friends at pick click god man you sponsor

SPEAKER_142: one show you get the other shows for free is that what's going on that's how that's what's happening right now that's what we're doing you guys are sad we're doing it yeah well all you have

SPEAKER_121: to do to get lon incented is to give him a couple points of the company and now all of a sudden he is

SPEAKER_08: a pitch man extraordinaire his beak is getting wet well now you own shares in mahalo i do you own

SPEAKER_411: significant shares like percentage points of this weekend a decent little chunk of this weekend

SPEAKER_628: yeah you got a little chunk you got a little taste to get your beak wet yeah you know a little taste

SPEAKER_11: you splashed well splashy cashy you know follow up hit click very cool let's do the news okay let's

SPEAKER_142: move on i gave him a plug and you sent him out to a hundred thousand people so if you sponsor one of the shows you never know you could wind up getting a tweet from me they're they're actually they're

SPEAKER_609: not just one spot they're sponsoring three shows now three what venture capital social media and the

SPEAKER_72: kevin pollock chat show wow i like it thank you to our friends at pick click thank you thank you

SPEAKER_609: uh so let's so let's get started here i i guess we should start with the uh the big facebook tech

SPEAKER_16: crunch ongoing situation they they've actually updated a post about you and mahalo since we've been hosting the show i had to show it to you during that last uh yeah during during joe's call uh so tech this morning reported that you have started using facebook again after vowing on this very program to stop uh according to this post the first one that went up comparing you to uh michael corleone every time you try to get out they pull you back in uh there was actually third party services that you had running through your facebook account that caused it to restart so uh let's let's hear your side i mean you want to you want to unpack this a little bit what what happened why are you back on

SPEAKER_46: facebook so here's what happened i had logged into all these other services quick youtube everything

SPEAKER_61: with my facebook connect right some of these services don't actually create an account for you so if you delete your facebook page you'd now have given up your account on these other services all right i can't get in so i was trying to log into one of those i had oh my god so now i get to go to facebook i log into facebook to go log into that account then i had youtube and quick connected

SPEAKER_110: and youtube connected to facebook so all the videos come flooding in again that explains it so did you i don't know if you saw my facebook profile it had all my quick photos from three years ago yes

SPEAKER_142: three years ago and then all my youtube posts and then mike arrington immediately emails me oh i could slam calacanis on today on tech crunch grade this is a daily calacanis slam there pretty much is pretty much it's a whole tag now they've got a tag yeah basically die calacanis die no it's it's all good i mean i might call me right afterwards and we had a laugh about it i mean people think we're like at war with each other we're not i mean we are but we're not um and so anyway i i basically on the email i cc'd back zuckerberg and cheryl sandberg and i said

SPEAKER_46: listen number one you can't find the delete button we went through this on the show you have to search google to find the delete button for facebook right number two there's no export so then i

SPEAKER_110: realized i have all these comments on the birth announcement for my child there's like 200 announcements i actually want those so now i'm trying to find those there's no way to find them you have to get previous there's no way to get back to december 8th no so how do i get back to

SPEAKER_648: december 8th and get those comments you can't sir is there a search i don't know i'm trying to

SPEAKER_50: figure this out and then i have backup if i backed it up so now i'm trying to find out full disclosure backup if i is an investment uh backup if i backups backs up facebook there's a facebook

SPEAKER_204: export third-party tool and so i just emailed zuckerberg and i said please for the love of god

SPEAKER_50: suck it had an export feature number two for the love of god just put the delete button in a reasonable place now of course that leads to gotcha journalism where they just published they just published oh my god i'm a holly you can't log out and you can't export okay number one uh you can

SPEAKER_204: go back forever on your on your news feed yes but an export is a fine feature i mean i'm curious as

SPEAKER_652: to what if you want to export your answers if you want to export your answer sure so actually good

SPEAKER_106: suggestion we'll add it yeah that's it why not see what q a site does allow you to export i don't think any of them do but anyway i'm not opposed to having it it just makes more sense for facebook

SPEAKER_228: because it's personal says your photos your contacts your contacts your contacts right so but okay

SPEAKER_655: so if somebody believes that a q a service should have an export key i will add it it will be in

SPEAKER_657: there within the month sure number two you should race zuckerberg on that oh there you go let's see who can do it faster number two i think i know the i think i know the answer to that number two uh

SPEAKER_58: they uh said we should have a delete button we should on the settings page have a delete button developers at mahalo i apologize for the fact that i put you in the crosshairs again but if you could race to add these two features in the next month by july by by july 4th if we

SPEAKER_110: could have these features that's reasonable for two or three weeks make sure we have them right if zuckerberg wants to take two or three weeks to get his right that's fine with me too i feel like a

SPEAKER_16: delete because we can delete oh people ask see people write us an email and say hey i don't want to be on mahalo new or we'll get rid of it right away i know but they should have a button they should i'm just saying it probably won't be that hard to create it's just giving the public the option to apply

SPEAKER_46: it to themselves yeah this may be a one-hour thing there might be some reasons that for security reasons you don't want people to hack the delete button right and delete other people want to delete

SPEAKER_58: other people right right but thank god actually facebook has that we're not going to delete your thing for 14 days or i wouldn't have been able to log into these other services again right yeah so now i'm trying to figure out what other services have i logged into that have data in that i can't get to yeah i don't even keep track of that so i was trying to explain this because there's been a lot of controversy about the facebook thing and i said in my last email newsletter i'm done with it i don't want to be involved in this and now they've dragged me back in i actually don't want to be involved in this because now it's becoming uh every news organization wall street journal new york times newsday cnn cnbc all these people they want me to come on the shows they want me to comment no i'm not interested in being the anti-facebook guy i don't want to be defined by

SPEAKER_110: facebook i want to be defined by mahalo this weekend startups this weekend open angel forum stockbroker i have other things i would like to be defined by right you know like i'm absolutely much more interested in talking about stockbroker and back up a fi and go walla and blippy and these other

SPEAKER_11: services than i am talking about somebody else's investment uh and also it's become bad for business

SPEAKER_46: for me i mean i am but because i'm you know making uh really i think salient points about facebook like the discussion we're having right now has been raised to a critical level that everybody in the

SPEAKER_58: industry is now having a discussion about the export future and what somebody said to me on the inside this is one of the power brokers who was involved with the other power broker who tried to get me fired or i shouldn't say tried to get me fired threatened that he was going to have me fired as ceo of mahalo basically uh didn't follow through on it just to be clear but threatened basically like i can get you fired and you know uh which i don't take kindly to but i i don't want i don't want to

SPEAKER_110: make the people who are shareholders in mahalo suffer because of my beliefs and i didn't start the email newsletter to destroy mark zuckerberg or have him have a panic attack on stage or whatever the train wreck was i don't i don't have any it will towards anybody corrects it for him perhaps but maybe maybe maybe some people i do but anyway i take an issue that i'm passionate about and i take this big rock and i push it up the hill when i get it to the top of the hill it's not my responsibility anymore if i succeed in getting the rock to the top of the hill and that hill it goes down that hill and people get run over by the boulder that's their issue they could have got out of the way they see me pushing the rock up the hill right facebook sees me pushing this rock up the hill they should

SPEAKER_50: say you know what jason's got a salient point boom but if i push in the rock up the hill and it's an endless hill or it's a hill that nobody's around then ignore it by all means but comscore couldn't ignore that they had to change their policies because of what i wrote and facebook you know what they're gonna have to change their policies or not because i wrote them but because i highlighted

SPEAKER_58: what everybody else is feeling and what this other person told me was number one this is america you say what you want you're not getting fired you know whatever that's ridiculous nobody's gonna be able to get you fired and if they do who cares you start again tomorrow nobody cares nobody who cares

SPEAKER_110: but what has happened is the email newsletter has gotten very and the show has gotten very influential and the person said to me you is a very important person said you can't you you have to consider

SPEAKER_46: things before you say them now because there's too many people watching the show there's too many people on the email you got to throttle yourself to which i said not throttling myself not no chance

SPEAKER_680: am i throttling myself suck that not a chance am i gonna throttle myself if you think you can silence

SPEAKER_110: me about any issue that i am passionate about go try and pay off somebody else it's not going to happen you know why because i'm done already i've already i'm already successful i don't need any more success my success for me is being able to communicate with you guys that the the greatest

SPEAKER_61: moments and tyler can tell you he's around the greatest moments for me is when i'm working with an entrepreneur or a tech crunch 50 or launch conference or open angel forum or at mahalo i'm working with somebody who's a young uh entrepreneurial person working here you were one of those people that's what gives me my joy in life i like seeing people progress i like seeing people be entrepreneurial i like people being successful i like to see them go from a rice picker to a samurai you can't take that

SPEAKER_110: away from me it's too late right i have it already nothing you can you cannot touch me the only thing you

SPEAKER_142: can do is bury yourself and that's what's going to happen and you know what i am not going to give up the issue i'm restating what i said in my email newsletter here we go i said maybe i'm going to lay off the issue you know what the issue is not over it's not over it's over when i say it's over and i'm not going to stop i'll write this issue in the chat room as long as i please i will ride

SPEAKER_46: zuckerberg in this issue and you know what you don't have to pay attention to me but you know what he will

SPEAKER_127: pay attention to like not a sponsor is that going to be the most amazing that would have been the best

SPEAKER_110: ever he will pay attention dna mail no he's gonna pay attention to the government and to his users

SPEAKER_46: when they start leaving and the government is on his tail i don't have any inside information i'm not going to comment on inside information i'm not going to comment that i don't have inside information the government is on facebook's tail they're writing letters they want to know details he is going to bury himself this could be a point cast level implosion you don't know what happened with point cast google it wikipedia it you cannot get away with this stuff forever and i told him by email and the emails printed in tech crunch now for the love of god do two or three magnanimous things so i can just say to everybody wow facebook listens and they're great you see how hard was it for me to diffuse this whole article well yeah i wrote i wrote a comment to this article while they were playing the goddamn news theme and you know what i said no one ever asked for an export key but we're having one

SPEAKER_50: built we'll be ready shortly two we will have a delete page by the end of next week nice job

SPEAKER_110: with the gotcha journalism done that's it and if zuckerberg wants to end everything that's that's as much as it takes why is this so difficult for people i don't understand moving on i don't know if

SPEAKER_699: you guys have any feelings on this i i think we've i think we've covered my my feelings on on facebook

SPEAKER_121: at this point let's talk about the ipad you know what you know what i gotta ask will the thrill uh because he's got this music thing here for me where i can i can play certain things like that's a lot laughing oh stop can we get when i get all indignant and stuff like that you know that music that they play when you're graduating what is that called uh pomp and circumstance if we could

SPEAKER_704: have pomp and circumstance uh if you played pomp and circumstance when i'm talking about these

SPEAKER_46: passionate issues it would be pretty good and i believe that zuckerberg should stop

SPEAKER_114: i gotta turn this off yeah you were here next one next one uh so speaking of the government getting

SPEAKER_72: involved uh let's uh a group calling itself goat c security it's real real classy made its way onto at&t servers this week and retrieved the names email addresses and icc ids of at least 114 000 ipad 3g

SPEAKER_16: owners this includes several vips including new york city mayor michael bloomberg white house chief of staff ram emmanuel and a number of high-ranking military and government officials the group revealed the flawed blogger ryan tate of gawker media on wednesday so the fbi is now investigating goat c security for a potential security breach uh though the probe is in its early stages in a blog post goat c security is saying that their data came from a public web server there was no password so it was not actually a breach and that they turned over the information gathered to a journalist so ipad users would know their information was unprotected for the good of the american public they also defend their decision to go to gawker with the scoop and deny receiving any payment for the information provided which is obviously a conclusion a lot of people jump to uh so do you take goat c security at their word you think they're trying to help by exposing at&t's flawed practices to consumers and how bad is this for at&t uh anytime people's names and emails get exposed is bad

SPEAKER_58: it wasn't people's prescriptions from rite aid it wasn't people's hiv status it wasn't people's drug addiction dependencies from a clinic it wasn't people's uh sexual preferences so okay it's not it wasn't people's browser history there's a lot worse things that could have been exposed in somebody's email address true uh that being said any violation uh makes people more aware of this issue and in some

SPEAKER_264: ways that's a good thing and that's what i think probably this is a this is not a legitimate security

SPEAKER_717: firm this is a goat c security yeah so this is obviously some you know uh hacker kids it sounds

SPEAKER_466: fortune inspired don't they have isn't their slogan goat c security we probe security holes

SPEAKER_436: that definitely is not an insight not an insight it's a joke here the theme

SPEAKER_723: jokes from tyler puns from tyler puns from tyler uh no it's very very clear uh

SPEAKER_58: that um that these hackers are for good they didn't publish this stuff right yeah presumably

SPEAKER_20: they didn't even use these email addresses my feeling on it is you have to take a little bit

SPEAKER_58: of context if hackers i'm and i'm i may not be the same as everybody else if a hacker breaks into something and they do the right thing post that and they're not like breaking into something every day to you know uh i i would generally be lenient yeah if i was the judge or the person or the fbi ca and if i was the person who was hacked i would absolutely be lenient and say you know what if i was steve jobs thank you for showing me our weakness we're gonna plug it up you know and uh can we hire you to do this every you know month here's a fifty thousand dollar consulting job i mean that's really what needs to

SPEAKER_327: happen right so they've done this before actually they did the same uh to firefox and safari where

SPEAKER_16: they found holes and then they published them instead of exploiting them or presuming doing

SPEAKER_58: yeah and i may be giving people a heads up to you know like hey we've found this hole fix it after they fix it then you publish it right so there is a sort of process that you can go about doing this um anyway uh this will pass this is not a persistent issue when people make a mistake like this it passes it seems like it's the most important thing in the world and then it's not

SPEAKER_312: people get over it yeah and you know what thankfully it's not one of those other types of privacy right breaks that could be very very very problematic okay moving on we got to talk

SPEAKER_327: about the new iphone it was announced at the worldwide developer conference this week

SPEAKER_16: uh when it goes on sale in the u.s june 24th steve jobs is calling it the biggest leap in technology since the original iphone went on sale in 2007. um real quick to go through some of the changes they're pretty well publicized by now uh it's gonna have a sharper display it's got a five megapixel camera from three it's thinner it's 24 thinner than the iphone 3gs uh it's got an a4 chip the same microprocessor that's in the ipad i'm holding it has a video camera on front it has a bigger battery uh now it's going to have facetime video chat yep uh and the 32 gig version sells for 299 the 16 gig sells for 199 and it's got this is cool a gyroscope for motion input so the games are going to be even the next level of motion sensitivity almost like a nintendo wii um and it most importantly has the a4 chip and yes it has the a4 chip from the uh from the ipads and you know a lot lots of uh changes in ios 4 used to be called the sort of iphone os now it's ios because it's in ipads as well uh and that's going to have the i add mobile ad platform uh it's going to be able to run multiple apps at once multitasking which is probably the most sought after thing uh you're going to be able to unify all of your email inboxes you can create folders uh it runs i movie and they're going to get ibooks on there as well the same uh the same program that you have from the ipad so uh are you going to i'm presuming you're going to get one you're going to check it out you like to have the new i always buy

SPEAKER_58: whatever the latest is because that's my job right i have like a personal technology budget that's absurd every thing that comes out i get yeah and then i hand down the stuff like i got a google phone so i'll give it to somebody like you know in the company or something so is there any feature

SPEAKER_16: change that jumps out at you is particularly exciting the a4 chip is on the well i'll tell

SPEAKER_743: you what people are most excited about is the battery life that's what i'm most excited about

SPEAKER_58: and that is ironic how forgiving people are to apple because you know you have blackberries and android phones that last for a long time so basically iphone finally catches up to those things or maybe a portion of them and they're happy uh what this does show is how important the a4 chip is the a4 chip is critical in battery life and processing power uh i think the video taking hd video is going to be people's second favorite thing uh it's 720p or is it 1080i 720 so it's not even the greatest uh but i take a lot of video on my iphone and i'm going to really enjoy this now all this extra computing power face time all this stuff is uh you know this is like we keep adding all these great features to a ferrari and uh we're going to drive it down a dirt road at&t still sucks yes and so the most important announcement didn't happen the most important announcement was that this is available on all carriers until that happens apple is going to be in and still have this crippled product i will absolutely buy one i think it's awesome it's basically catching up to a lot of the things that is it the hero the htc hero is very popular now evo evo yeah is evo with the keyboard without was evo the one that uh evo's a touch screen did is that when amanda showed us from this weekend she had them this weekend actually actually actually on this week in android

SPEAKER_71: yes she just got the htc evo 4g right so i was playing ashley from this week in android when now mobile which will be this week in mobile which is on what day it's on today it's on after the show in

SPEAKER_354: in an hour and ten minutes oh it's on at four four o'clock so four o'clock this week in mobile is

SPEAKER_71: going to follow this week in startups yes this week in this week in mobile is your new uh follow-up show excellent so they're going to talk about more than android they're actually it's going to be it's

SPEAKER_16: crossfire with cell phones is what we're calling it now it's going to be a bunch of different people a bunch of different evangelists for different i think it's a good evolution and this is

SPEAKER_11: the thing about the startup companies you evolve so uh battery life number one feature hd video

SPEAKER_58: number two feature uh most important feature which uh uh uh biggest issue biggest underlying biggest underlying issues you know like non-consumer facing issues a4 chip major yeah that's huge uh and

SPEAKER_312: also uh at&t still being the sole provider it's going to limit this thing um and i'm just infuriated

SPEAKER_121: with the at&t tiered pricing that is yeah luckily i'm already on unlimited right it won't take you off

SPEAKER_327: unlimited if you had it for now i mean they're said there won't they have no immediate plans to do

SPEAKER_46: that but you know i don't trust what i think this is is they're just going to try to stop you know they're just going to try to stop the hemorrhaging right you know yeah their their whole

SPEAKER_16: press public line on it doesn't make a lot of sense though they're saying you know well it's not going to matter for most people almost nobody uses more than two gigs of data anyway but if that was true why would they need to cap it if nobody was going that high anyway why would they bother to put this

SPEAKER_348: policy in place yeah uh it seems a little bit moot if they if if there was an abuse issue they could

SPEAKER_58: just say they could put that quote in of reasonable unlimited so they could put you know this is for reasonable unlimited doesn't include yeah you know whatever and they you know could just address

SPEAKER_312: those small number of people great i mean yeah or they could just cancel people who are doing things to say you know we don't want to have you as a client i mean better than limiting it for

SPEAKER_16: everybody exactly i just it's not even the exceeding the two gigs that bothers me it's that i have to keep track now that would be what bothers me it's like i don't want to pay attention to how much it is

SPEAKER_11: a little bit of a problem like when i when i got the ipad it was like 15 dollars a month for 250 gig and then like unlimited 30 dollars i don't even know if i'm gonna do under 250 but yeah but i just get to worry about it i don't want to worry about it so it's that it's that cognitive dissonance that cognitive exercise that people hate yes tyler you'll get it i'm sure um you skipped the 3gs i did

SPEAKER_151: skip 3gs i am thinking of getting it my thought on it is it's a hardware versus network issue so would you rather have an awesome hardware device with a crippled network or a less than superior hardware on a great network and i think the easiest way for people to feel that is on a on a desktop or laptop would you rather have an incredible laptop on a sucky wi-fi connection or you know a slightly scaled down laptop on a killer network connection i think i'd rather have the later yeah uh and i

SPEAKER_342: don't think you're gonna have to choose there this evo hardware is pretty impressive when you

SPEAKER_312: see the evo it's evo kicks ass yeah i mean it's the screen is huge when i say heart less hardware i

SPEAKER_11: mean not really no i think that's good i think that the the hardware from htc is going to beat the

SPEAKER_58: hardware from apple pretty consistently i believe that i think htc is very competitive with them on hardware i don't know exactly people in the chat room can tell me but uh what on what metric does the iphone 4 beat the htc evo on any screen resolution the screen resolution is better but

SPEAKER_773: it's not bigger it is it is i think no no no the the hero the htc is bigger yes you've always bigger

SPEAKER_11: uh battery life software 360 dpi screen that's about it battery life is the battery life definitively better on the iphone yes then on the evo correct everyone's complaining about battery that the evo

SPEAKER_777: the the big downside is battery life because of the screen or the processor yeah it might just be

SPEAKER_144: there the processing all right well maybe maybe so maybe there's a battery advantage and i think

SPEAKER_151: that's why apple had they had to make the battery bigger to run the e4 processor anyway right okay

SPEAKER_72: uh last story last story uh well i guess we'll talk about uh it's a good competing video show we'll talk about it uh kevin rose is leaving dignation dig foundation is not competitive with the second startups no i mean uh revision revision three this weekend uh we're in the same general vertical we don't feel directly competitive with uh dig founder and ceo kevin rose announced that he

SPEAKER_16: will leave his venerable podcast series dignation at the end of 2010 uh he's been starring in the show with alex albrecht since july of 2005 uh this was originally reported by mike arrington on tech crunch news was later confirmed by rose on twitter who also noted that he has another exciting video project in the works uh no word on whether dignation will continue without rose it's currently network revision three's most popular show with over 200 000 weekly viewers so presumably they have something else up their sleeve that they think is going to sort of take that place or exceed that so any thoughts on what rose's next project might be and do you think they should keep

SPEAKER_72: dignation going with uh albrecht and a new host or can you not do it without kevin rose uh certainly

SPEAKER_46: you could do it without kevin rose it would be not the same show uh i have a feeling there might be a

SPEAKER_58: little more to the story uh i did see that the ceo of revision three said in all likelihood he will not be there at the end of the year but who knows so i have a feeling there might be a little negotiation going on here where there's plenty of time now between now and the end of the year six months to come to a deal sure i think he probably would like to get paid some large amount of money to do the show there even though it's his company but he's an investor in it right it's sort of in in way like my relationship with this weekend.com i own a big piece i'm probably the largest individual shareholder however i i'm not the only shareholder and i'm also the talent on the network so could the network go on without revision without uh dignation and kevin or could this network survive without me and this weekend start up yes could somebody else host this yes so uh then that means that the negotiations probably going on and then does kevin want to do it he might be burned out from it i mean it is the same format over and over again i don't know if i'm going to be able to do shows 200 300 of

SPEAKER_789: this yeah i mean five five years is a long time to do a long time to do anything i don't know that

SPEAKER_148: he you know what if there's a psychological thing where now he's taking on the ce role ceo role yeah

SPEAKER_151: it kind of doesn't behoove him to be doing the beer drinking couch thing he's kind of stepping into

SPEAKER_792: a second a different level of i don't know about that maybe maybe i think it gives him credibility

SPEAKER_151: i've noticed in his videos that he's doing that he's taught where he talks to his trying to be a little more serious he's being a lot more uh professional in his demeanor that might be part

SPEAKER_561: of it he might be trying to be ceo-like right i think ceo should try to be more kevin rose like

SPEAKER_11: i agree so i don't think he needs to do that um i think it's good to be out there and to be yourself this is i mean steve jobs writing people emails telling them like what have you contributed to the

SPEAKER_121: world finally people are coming around to my way of thinking i mean that's the ultimate validation of my email to people saying you know congratulations on being employee number four thousand of this

SPEAKER_11: company is that steve jobs does the same thing you know passion and this casual i'll call it the the

SPEAKER_58: the blunt ceo i think is the new prototype i think i have pioneered the blunt ceo i don't want to give myself two credit but i am a blunt ceo you know you stand with me and i think the blunt ceo is a very palatable enjoyable uh effective enjoyable for the team and the investors and effective for the

SPEAKER_46: company because the truth is always out there you know and oh the truth is uh you know calicanis is distracted from mahalo yeah i do a couple things on the side the truth is i also provide a lot of value you know it's okay kevin rose is a beer drinking you know netizen who's you really understands youth culture whenever of course he does that's why he's the ceo that's why he created it that's his

SPEAKER_110: asset the second he's not comfortable on a couch drinking beer goofing off about people getting hit in the nuts in a video on youtube is when he should not be the ceo i take a counter approach if he's not in touch with that audience he shouldn't be ceo well yeah i mean that's dig that's dig in a nutshell that is the show the people who go there the whole aesthetic so i think he should keep doing the show i think that and rev three should look at rev three should look at that show and say give

SPEAKER_58: kevin whatever he wants keep that show going they don't need to make money off that show so if that show makes a million dollars a year they should give kevin you know 700 000 of it they should give albrecht 200 000 of it because he's replaceable not then that's not really personal

SPEAKER_50: to him but kevin is kevin right and alex is alex okay maybe they give kevin two to one dollars to alex because kevin is a bigger personality in the space right 500 000 to him 250 to alex and 250

SPEAKER_58: revision three gets to keep for you know just producing the show which is the sales and whatever and so they break even on it but why lose the show i think what's happening is uh jim lauderback yeah is the ceo who i know for a long time uh really nice guy who was at ziff davis and some other things he's probably negotiating it's probably a negotiation that went bad that's my guess negotiation went bad kevin maybe felt disrespected he said you know what do the show

SPEAKER_61: without me oh and mike arrington broke it yeah mike arrington kevin rose are friends they know each other so maybe it's a back job maybe kevin just yeah it was it was in tech crunch first and then

SPEAKER_72: uh albrecht kind of tweeted like i'm not sure where this came from and then rose tweeted no i'm

SPEAKER_114: probably leaving after 2010. oh so albrecht didn't even know well i don't i don't know exactly i don't want to speak out of turn but uh yeah albrecht seemed to tweet something like we have shows planned

SPEAKER_72: through the end of the year i'm not sure where you guys are getting all this stuff and then rose kind of confirmed half confirmed it on twitter it was it was very interesting sort of following it as it was

SPEAKER_808: developing okay moving on moving on uh let's see what next one i want to talk about oh let's talk about

SPEAKER_83: uh comscore comscore has accused yahoo and microsoft of gaming internet marketing research company comscore says they're going to tinker with their algorithm for determining search market share

SPEAKER_72: following efforts by microsoft's bing and yahoo to boost their stats comscore is saying yahoo and bing are featuring links to search queries on their front pages and disguising them as content as well

SPEAKER_16: as stitching together stuff like image slideshows as search queries so an example would be if you see there would be a headline like uh you know uh six you know six tips for helping your marriage stay afloat and then you click on it and it's actually not an article it's a search for keeping marriage

SPEAKER_811: alive yeah yahoo did that they do off their home page doing it for a while now yes uh so in a blog post

SPEAKER_572: published thursday night comscore's cameron meyerhofer said that the company will embark on quote a

SPEAKER_72: thoughtful review of how we classify various types of searches count them and report them uh according to

SPEAKER_16: current comscore tallies bing and yahoo have been gaining market share throughout may uh so these tricks are well known obviously so what do you think is going on now like why is comscore suddenly calling attention to this well-known sort of tried and true seo technique and do you think they'll actually be able to make changes that will result in better quality metrics um comscore is right to

SPEAKER_58: point out this issue i guess uh search should be defined as somebody typing something into a box and hitting enter that's it it's a tempest in a teapot uh the ramification of this is that maybe over the last two or three years people have been reporting the search industry is not as you know uh yahoo may have had an extra point bing might have got an extra point for this people have been doing this kind of little gaming around the edges for a long time it's probably not material uh comscore's right for policing it it's a friday afternoon there's not that much news going on that's why this is a story and

SPEAKER_48: that's why me having quick flood my i will say this was one of the toughest news segments i've

SPEAKER_11: ever had to be honest let's be honest it's a slow week it's a summer i think everybody got caught up in the iphone news people are friday just want to i'm i want to just go to vegas and play in the world

SPEAKER_140: series tomorrow and it's as if i may go i'm just too exhausted to play poker right now because it's such a long week i may not but uh anyway last story do one more we'll do one more let's uh we'll talk

SPEAKER_72: about this this was interesting actually a new geolocation service it's called top guests so their pitch is basically geolocation services allow you to check in bars restaurants other places you go but um they all struggle with the same issue how do you motivate people to keep checking in how do you reward them for their check-ins so they think they have the answer it's an attempt to pair virtual check-ins with real world rewards and they're going after programs you probably already participate in so you check in at a hotel you earn hotel reward points you check in on a flight you get miles uh so the

SPEAKER_16: site isn't really competing directly with services like twitter foursquare goala instead it's pairing with them so if you check in on goala and you're signed up with top guests you actually get your points anyway even if you never go to top guests uh for now the service is launching with a deal from standard hotels you check in for four nights in one week at any standard and you get a full week for free if you check in ten times at a standard hotel you earn 25 off reservations food cocktails the spa and so on they say more of these partnerships are on the way uh and as is a feature that will automatically check you in when you actually check yourself in so if i go rent a car and i have topics it'll look and see that i checked in and it'll just check me in automatically so do you think

SPEAKER_72: this is finally going to be the answer to get like the the masses interested in geolocation um and if top guest isn't the destination for doing the check-ins how what's their business model how can

SPEAKER_126: they make money off this um this is a former tech crunch 50 company that was previously known as

SPEAKER_58: you doors uh so you doris launched last year to quick tyler and jeffrey lewis jeff lewis was the founder here he is in crunchbase uh and he uh is the ceo of top guest top guest is a good idea uh building a layer on top of all these other services and then giving some reward that's what all these services are going to do natively so maybe this will they'll build maybe they'll be sort of the ad sense of the space kind of uh but in all likelihood they're going to be competing against foursquare and goala google latitude looped yelp and twitter doing this themselves and i think probably without any inside information foursquare and goala since they're dedicated to the local space and looped probably as well yelp twitter and google latitude and facebook check-ins those are all sort of secondary it's not the primary business i don't think they're going to get to this but i could see foursquare go all in looped uh very much focused on uh coupons and deals and postabon is obviously doing deals for local businesses local businesses uh are going to want to have tools to do this top guests will be one of many services it's a great pivot you doors was an interesting idea you would endorse things in the photo yes you would say oh this showed this shirt is by brooks brothers i would like to endorse it uh you know and if you endorse it you could and people buy it you get the

SPEAKER_261: affiliate yeah i get i get like uh yeah you get a little piece you can wet your beak or you could uh give it to charity uh and it just wasn't a big enough scalable idea but he got people interested

SPEAKER_58: this guy's a pretty killer entrepreneur he brought like an arm i don't know if it was armani or somebody

SPEAKER_46: he had like signed contracts when he was on stage of people that they're right that was a really good innovation to actually bring the signed contracts to the event yeah it was great i think you put him on

SPEAKER_829: the projectory yeah it's like it's a sign contract it's like that poor guy had you know armani or whatever just had his signature on the stage i'm gonna go sign for a bottle a couple bottles of cristal

SPEAKER_140: at the right at a marquee next weekend uh talia thoughts uh we saw this couple yeah jeff brought

SPEAKER_151: this by the office here and uh it's a really smart pivot on his part and he seemed really jazzed about it and i think he should be it's going to be at the end of the day a bit of a business development race between all these to see who can get the partners yep this has been a great

SPEAKER_836: episode in addition to the user race but yeah it's kind of the same sort of land grab that we

SPEAKER_16: see in a lot of different areas you're going to try to divvy you left out the story that four squares getting bought by facebook i i actually had a four square story down here but we didn't

David Friedberg: know it's all right every week four squares getting bought by somebody else yeah that's i do we've got

SPEAKER_327: a little bit of burnout we have done that three times i actually combined that with we were going to talk about the yelp like duke and duchess thing it's all right uh did what yeah

SPEAKER_72: should we do one more you want to do the yelp royalty story what's that uh yelp has recently

SPEAKER_16: added check-ins as you probably know uh taking a sort of page from four squares popular mayor concept they're calling it yelp royalty so usually users with the most check-ins at a venue become a duke or a duchess ah those with the most titles in their neighborhood become a baron and those people with the most check-ins in the city become a king uh foursquare ceo dennis crowley he had

SPEAKER_72: already famously said of yelp's attempt to do a check-in leaderboard that yelp was copying the wrong stuff so do you think is this an attempt by yelp to copy the right stuff uh and do you think combining yelp's database and service with this kind of prizes and games around check-ins is going

SPEAKER_11: to be successful um i don't think people are going to look at yelp as foursquare or goala i think

SPEAKER_58: they're going to look at it for reviews um so it's hard to be known for two things i mean we've had this conversation many times on the show we have a hard enough time explaining to people that

SPEAKER_11: mahalo has how-to articles and topic pages and q a that's three things carl bart's on stage couldn't explain what yahoo is you know right aol has a hard time explaining what they are and they just say

SPEAKER_58: well the we're the you know we're the largest content site whatever they don't say that they have some other buzzword for it but it's hard to explain when you have a multi-faceted business what it is if you ask uh richard branson what's virgin uh he would say well which virgin are you talking about oh you're talking about virgin atlantic that is a business that flies people across the atlantic ocean oh what about virgin america that flies people across the united states it doesn't go over the oceans uh so um i think that yelp is not going to be known for this but uh you have a certain amount of screen real estate and i don't want my screen real estate in yelp taken over by being a being a duke being a duke and likewise when i use gowala i don't want reviews i'm not interested in reviews i might want to see some photos i might want to see some one-liners and short things but i don't want full-on reviews in gowala i don't think i would actually just like media like pictures and videos of my friends and where they are if you try to do too much inevitably you don't do it well enough uh and so like i use flicker for my photos not facebook photos i like flicker it's full feature it's for that purpose it does everything i need so uh yeah i don't think it's gonna be that big of a deal but i love yelp i'm not gonna i love both those products i i love

SPEAKER_46: yelp yelp is indispensable yelp is more right than it is wrong which for any community site with reviews

SPEAKER_16: reviews means a lot we actually feel like i can trust it on ipad the other week we did a bunch of apps we looked at all of the sort of ipad restaurant bar recommendation ones none of them even comes close to yelp i mean urban spoon has its sort of nice features and why uh you know i think it's it's mainly that they've got the community they've got the number the sheer number of people participating in number of reviews from experts and qualified people you can't you can't find that anywhere else

SPEAKER_261: correct okay uh this has been a great show please tune in to this week in mobile starting

SPEAKER_16: at 4 p.m that's in 50 minutes yes and uh we got jeff ammons gonna be on and ashley there are android experts we got mike hobbs he's our iphone ipad apple expert great uh and then in future weeks we're

SPEAKER_142: looking it's not going to be though the show is not going to be basically a religious war for all

SPEAKER_16: the hours no no no it's like about it's they're all going to sort of it's all fact-based they're going to report what's the news on all the different platforms and then you know we just

SPEAKER_140: wanted to get nobody wants nobody wants to tune into a apple versus android fight every week well

SPEAKER_16: no it's it's not just apple and android we're going to talk about you know palm will do windows phones

SPEAKER_796: we'll do right i'm just saying it can't be like a religious war every week it's got to be like we just want to learn about yeah but i want yeah i want to learn about all the different devices like

SPEAKER_864: it's still going to be fun just as informative it would be fun though to call the

SPEAKER_148: at&t and be like so how would you compare the apple and the evo i'm just trying to make a decision

SPEAKER_533: here should i wait for one of these and hear how they describe them that's a good idea and then call the htc who's what carries that sprints right be like i'm thinking about the new iphone compared to

SPEAKER_42: the evo what what do you think you know what we have the uh remember i got the hidden camera thing here for that one thing we're going to use it for we should can you we have a hidden camera of

SPEAKER_11: glasses thing or whatever that's true we do you should actually start producing bits for these things and send the host out to go into a store with the sunglasses on and ask them which is better the evo or this

SPEAKER_195: and get like an apple store employee to tell you we do have i won't give any details away because i

SPEAKER_327: don't want to blow the surprise but we do have a research project currently going on i know i think

SPEAKER_87: some of our you do know about this one some of our shows if this one works it will be i predict

SPEAKER_58: national and international news at six and eleven it we agree and if we it will it will wind up being on 50 different things and you know what i may actually go on nightline or uh cnbc or something like if we have that if we if that data turns out correct i i think we all know how that date is

SPEAKER_61: gonna if that data turns out correct i will i will go on and be the face of anti anyway

SPEAKER_121: uh something something thank you to web spy thank you to dna mail thank you to power vps thank you to

SPEAKER_11: you stream uh the show is going to be we're going to experiment with sometimes having twice a week

SPEAKER_46: we did tuesday and friday this week people loved it we're going to try again next week to do a tuesday and a friday weeks not next two weeks after whatever yeah so we're going to be doing some

SPEAKER_58: tuesday and fridays next show is next friday but we're going to do some tuesdays where i do an interview and some fridays where we uh do this regular show with ask jason and interviews or just ask jason

SPEAKER_46: whichever it is we'll make it this is experimental it's basically more show for you yes the way you

SPEAKER_50: think about it as a customer of the show we're double show for you uh thank you everybody thank you tyler you did a wonderful job today you uh brought it you had insights and uh you were awake

SPEAKER_528: during the show it's great uh and you're on the very the focused camera i don't know what we fixed

SPEAKER_16: your camera this week it was on the blink next week the next time we have tyler in his tyler chair this week he's joining us at the table the next time we have it i i've made all the arrangements we will have a superior camera you guys have finally gotten better lighting i was talking with the team about it today i saw they were working on everybody will

SPEAKER_605: get to see tyler's beautiful face on every episode hd better quality high definition absolutely see you

SPEAKER_00: next time on this week in startups