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Ashwin Navin's blog with specific emphasis on global Internet businesses

Web-to-TV momentum happening fast!

5.05.2009
It took nearly 10 years for DVRs to reach "mainstream" adoption, ie, 30% reach. At that level, Nielsen finally took notice and started measuring the time-shifted audience so Networks could start to bill for those eyeballs.

In a fraction of that amount of time, Internet video has seriously penetrated the Living Room. According to Dan Frommer and In-Stat:

"More than 40% of U.S. households under age 35 watch Internet video on their TVs at least once a month, according to research firm In-Stat. That includes watching via game consoles, Web TV gadgets like the Roku box and Apple TV, and hooking up a laptop to the TV. Increasingly, it will include TVs with Web video built-in. Within five years, 'the number of U.S. broadband households viewing Web-to-TV content will grow to 24 million,' In-Stat estimates."

I don't think this will be nearly as disruptive to "traditional" distribution (ie, MSOs, DBS, Home Video, etc) as analysts/reporters like to believe.

There's absolutely no evidence of cord cutting happening, as Philippe Dauman has confirmed. Furthermore, Big Media providers are no strangers to distribution windows and managing complexity in their distribution strategy. Web video reaching multiple platforms will ABSOLUTELY be additive and incremental opportunity for the media companies, increasing the level of engagement media companies enjoy with their end-users, and augmenting the pie for everyone.

"Third Spaces"

11.16.2008
I've been exchanging ideas with Jamie King on co-working spaces. By background, Jamie is the entrepreneurial filmmaker behind Steal this Film. He takes pride in his relationship with a number of entrepreneurs, technologists, and progressive thinkers the world over.

We've both glossed over the work The Great Good Place by Ray Oldenburg, who coined the term "third place." Third Place (taken from wikipedia) is:
"a concept of community building to refer to social surroundings separate from the two usual social environments of home and the workplace. In his influential book argues that third places are important for civil society, democracy, civic engagement, and establishing feelings of a sense of place. Oldenburg calls one's first place the home and those that one lives with. The second place is the workplace — where people may actually spend most of their time. Third places, then, are 'anchors' of community life and facilitate and foster broader, more creative interaction. All societies already have informal meeting places; what is new in modern times is the intentionality of seeking them out as vital to current societal needs. Oldenburg suggests these hallmarks of a true 'third place': free or inexpensive; food and drink, while not essential, are important; highly accessible: proximate for many (walking distance); involve regulars – those who habitually congregate there; welcoming and comfortable; both new friends and old should be found there."

Jamie's concept called "[open/space]" provides a situated architecture for co-operation, exhange and hire for urban information workers. Information workers feel isolated when based in their home and yet dislike office space. Public wifi has allowed retail chains like Starbucks to take advantage of this, providing a minimal infrastructure of (limited) connectivity, electricity (where
available), refereshments, and facilities.

However, such spaces are not designed for purpose. For Ray Oldernburg, the Third Place is a "distinctive informal gathering place." It should:
  • make one feel at home
  • nourish relationships and a diversity of human contact
  • help create a sense of community
  • provide numerous opportunities for serendipity
  • promote companionship
  • allow people to relax and unwind

[open/space] takes cues from these principles, while adding some its
own. It is intended to:

  • provide opportunities for co-operation and exchange
  • facilitate and potentiate people's live-work practice
  • foment ideas and promote original thinking

INFORMATION/ARCHITECTURE

[open/space] is a large, bright, warehouse-like environment in which the traditional 'coffee lounge' architecture is secondary to a designed soft-work, research and creative environment. Thus, open/space combines:
  • Group work stations with transparent but effective sound-baffles, allowing groups to work together without creating or being affected by too much noise pollution
  • Open group tables for casual work and less intensive production
  • A limited number of individual desks, encouraging mingling and interaction
  • A limited number of fixed terminals (this is not a Web Cafe)
  • Lounge sofas
  • Internal low-power FM & streaming radio station offering users the chance to cue their own radio
  • Fast connectivity and, importantly, a robust local network with free file storage
  • A coffee bar providing *good* espresso etc., and other liquid refreshments, without alcohol until a watershed point
  • Presentation rooms with projectors, audio facilities, etc.
  • Some document production facilities including a printer/scanner/copier/fax

[open/space] also features a bespoke social networking system. People using Web services in the space are kicked to a page asking them to share with others their current work, skills and so on. If they wish to share, the information is shared via a web application which offers interest-based filtering, scheduling, messaging and so forth.

In the space itself, this web-application outputs to a visual display which can show people at a glance information such as:

  • What the prevalent curent strands of interest are
  • Who is working on what, with whom
  • Who wants to work, co-operatively or for pay
  • Who has open projects or projects seek collaborators
  • What ideas are open for discussion
  • Scheduled open meetings
  • Scheduled outings, parties, etc.

While this board cannot be seen from outside, [open/space] combines an online and situated approach to networking people. A web-based service allows people to import (if they want) biographical data from other dedicated databases, and to add their information fresh if neccessary. This can be used from inside or outside [open/space] to register interests, skills, and the basis on which a person will work or co-operate with others. In addition 'dates' can be made for meetings, or days scheduled on which a person will be present in the space, avaialable for meetings and so on.

BUSINESS MODEL

open/space can sustain itself through a combination of retail (coffee, refreshments, stationery, consumables) services (print production, presentation support, private hire of rooms) and premium charges (e.g., a guaranteed workspace, flat-rate coffee). Sponsorships are also available with the right community built in the space.

POTENTIAL ISSUES

Jamie believes it's critical to delberate how best to attract the right kind of activity and the right kind of people, perhaps through positive reinforcement of their work in the space. Without such provisions, there is a chance that [open/space] will be perceived merely as an ordinary cafe with above average amenities.

Jamie, thanks for sharing [open/space] with the rest of us. It's remarkably similar to the project my partners have underway, a testament how sorely a true Third Place is needed in this knowledge economy.

ground zero

11.10.2008

oh boy, software is far more manageable than real estate...

Starting a new gig...

11.06.2008
I am excited to share some news regarding some personal changes at BitTorrent. Back in March, I indicated to my Board of Directors that I'd like to resign from BitTorrent in order to focus on a new venture. I felt comfortable moving on after we as a Board had recruited some strong leadership including a new CEO, CFO, and CTO, and agreed to a transition plan for me. As of several weeks ago, I officially transitioned from Co-Founder & President to a Co-Founder & Board Director.

My BitTorrent tenure certainly didn't feel like four years, but time flies when working among good people, world-changing ideas, and great fun!

What attracted me to BitTorrent in the first place (and what is still inspiring to this day) is its ability to provide people true digital freedom. BitTorrent exemplifies market principles, tends toward decentralization, and operates on principles of meritocracy — all great virtues in my book! There have been few technologies in the history of mankind which have had such a massive impact on so many people, giving them the ability to communicate and benefit from each other. For its direct and indirect benefits, I believe BitTorrent sits among the handful of important technology breakthroughs such as the printing press, broadcasting, and the Internet itself. Why? Today's publishing technology (like blogs, bittorrent, and video sharing sites for example) quite directly forge a level playing field for creativity. And indirectly, these tools force large media companies to realize that there is no longer scarcity or a stranglehold on distribution that locks people out of self-expression. Anyone can speak to the world in any format, without filters. Freedom of Speech has never been so available to the masses. How these large corportions respond to this fundamental realization will benefit many many millions of people--creators and consumers alike.

I am excited to continue contributing to BitTorrent as a Board member. The last four years have been a true adventure. We somehow managed to start the company amidst intense competition in the BitTorrent client space and we now have a great executive team focused on the BitTorrent client, DNA and SDK, reference-able partners in each program, a lucrative toolbar deal, and a massive and growing userbase with leading market share. The company is poised to continue its long march to success. Principal among our strengths is an extremely great set of people and trusted network of partners. You've all been tremendously good and gracious people to work with; thank you for that!

What's next for me? A few possible directions but most notably, my friends Steve Chen (from YouTube), Aber Whitcomb (from MySpace), Jim Young (from HotOrNot) and I purchased a small building in the Mission District of San Francisco where we intend to build a physical environment conducive to innovation, collaboration and company formation. We all spent a fair amount of time in cafés as we were fostering and growing our own companies, and there will definitely be a caffeinated element to our new venture. More than that, we want to invite the next generation of tech entrepreneurs to use the facility as their initial base of operations. We intend to invest our time and money among this group trying to hatch the next few big ideas. I invite any of you to stop by and get involved. We intend to have many events there and if you're feeling the itch to start something of your own, come on down and do it with us!

If you'd like to hear more about my next venture, I'll be sure to post updates to this blog.. pictures are coming soon!

Bravo Alan..

10.23.2008

The NYTimes ran an article today entitled: "Greenspan Concedes Error on Regulation" and it seems like the economic geniuses amidst us have claimed some sort of intellectual victory in Greenspan's concession. Here's Alan's quote in the article:

“I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms,” Mr. Greenspan said.

Referring to his free-market ideology, Mr. Greenspan added: “I have found a flaw. I don’t know how significant or permanent it is. But I have been very distressed by that fact.”

Mr. Waxman pressed the former Fed chair to clarify his words. “In other words, you found that your view of the world, your ideology, was not right, it was not working,” Mr. Waxman said.

“Absolutely, precisely,” Mr. Greenspan replied. “You know, that’s precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.”

Have we as "Ladies and Gentlemen" stooped so low as to kick a guy when he's down? I doubt that a capitalist of Alan's tenure completely changes his stripes, particularly with 40 years of success and tremendous wealth creation behind him. He looks at the current meltdown empirically, adjusts his worldview, and suggests new regulations to address unchecked greed and profligate behavior all around, and gets back to business.

I doubt very much that any of the armchair quarterbacks currently pointing fingers have anywhere near as much understanding of what really drives the economy as he does. And sure, he's learning in real time (as we all should be) how this organic beast that is our macro economy actually behaves in totally unprecedented conditions.

Corrections happen as a matter of course, and our financial engineering has tried to smooth out corrections in favor of long term stability... but we cant foresee every unintended consequence of every financial instrument that has provided the average American with so much in the way of economic wellbeing. The aggregated portfolios of risky assets got huge, and the bigger they are, the harder they fall. But ask anyone who has lived within his/her means if they are in bad shape right now.. i doubt it. They're buying foreclosures with cash because an entire society at all levels was living above its means!

Instead of looking for quick fixes, simple answers and scapegoats, can we all ask ourselves what we individually have done to contribute to our cultures excesses? Mr. Waxman?? Even Saturday Night Live picked up the scapegoating going on.. and economic policy should be governed by data, research, analysis, and intellectual rigor... not reactionary sentiments driven by political ambition. Mr. Greenspan, thank you for being an example of a stand-up, mature leader accepting your hand (whatever it may be) in the current mess.. I wish more folks in the Beltway, Wall Street, and Main Street would follow your lead.