Author Archive for PrashantSingh

Event Notification : 5th Meetup of Mobile Monday Delhi

I am Very excited to inform you that we have finalized the schedule for next meeting of Mobile Monday Delhi Chapter. Our Fifth Meetup will be on 5th of JAN 2008. I would like to invite VW community to be a part of this Event and share your thoughts with fellow mobile enthusiasts.

Details of Event is given Below

Mobile Monday Delhi:5th Edition

THEME : Mobile VAS – Strength, Weakness, Opportunity and Threat

When?

Saturday , 5th of January 2008

Where?

Perot Systems,
Plot No.3, Sec 125,
Near Amity University,
Greater Noida Expressway,
Noida.
Phone : 91-120-2432750-64

Want to participate ?? Register yourself at our wiki !!

http://momodelhi.pbwiki.com/momodelhi5

PASSWORD IS “android”

You will get a chance to interact with a focused audience of mobile enthusiast and early adopters so this is a good place for demonstrating your projects ,application ,service and discussing your ideas , We encourage participants to talk about what they are doing ?

There is no fees for participation .Please Forward this information to everybody who you think might be interested in attending this event ,Please help us to spread the word .Looking forward to see you there. in case of any difficulty in registration please feel free to contact me

Facebook End Game

I am a Big FAN of Facebook and like thousands of internet enthusiast I see Mark Zukerberg as a HERO . He has created a Giant distribution Platform called Social Graph . He did it on his vision of Internet and social media . Some of his moves like News feed, Opening up the platform for Third party application developers , Not doing a revenue split deal with Application developers and finally Facebook Fund are nothing short of a Masterstroke .

He has turned down the deal from Yahoo , he is apparently on a lock horn with Google and he insist to maintain FB as an independent company . Cyberspace is abuzz with the Fear,excitement and anticipation of next move of this Boy wizard . Most Frequently Asked Question is

How will he plan and time his Exit ? Will it be through IPO or through Acquisition ?

Most of the folks think that Facebook will go public at a valuation of some where between the range of 25-35 Billions USD . Thats a lot of money .IPO Advocate says that FB will go public because there is no one who can afford to buy them at the valuation FB team want .

I think it will not be a good move for FB to go public . They should sellout .

Why ?

Short and sweet answer is Due to unrealistic expectations . When Google decide to go public and filed S1 . Their earning details came as a pleasant surprise to many folks . Same was true for mostof the dotcom which went public , world was not aware of their massive revenue . think of EBAY.

This is not the case with FB . No matter what number they put as their revenue in S1 , it will always be a disappointment . In a hyped environment the same hype machine will work against him and it can spiral FB to doom . This is not to say that Mark and VCs who invested in FB will not get good ROI if they go public . they will , but Mark’s vision of FB will be lost .

You may say that haven’t we seen this before ? with Netscape ? YES . But Netscape was a pioneer and back than there was no history behind internet , things are different today ,we have a DOT COM Bust behind us . Netscape too got some MAD money valuation but they have a good revenue from their enterprise clients . This is not the case with FB .

Fact is that in spite of all his greatness ,Mark can’t be exempted from the BIG question about viability of FB as a business .Once FB file for IPO they will have to face this Question every quarter .They have created a seemingly”Perpetual Motion Machine” . If they stay independent they will have to feed it with something . that “something” is not apparent as of now .

Why Sellout??

I think for FB ,biggest advantage of selling is that selling out would give them a reason [ Excuse ] for course correction .

FB is a Great distribution platform ,they have done a great job by separating application and Social graph . Now they control the social graph and you and I can write application to ride over it . thats all very good . but This was not something which could not be copied by My Space or Orkut . so in order to differentiate their offering Mark played a Brilliant move by opening API for free. Whole world was at their feet.

This limelight comes with its own price tag . There were many instances where a one man company made a popular service . FB user started to use it but it was hard for the programmer to sustain it , and company went bust . Leaving FB with an unsupported application and unhappy users. Our Hero made another master stroke “FB Fund” .

What worry me is that He is doing all this with VC money . not from FB Revenues . VC Funds will not last forever and in absences of a massive revenue these Question will haunt FB too . if not now than may be some years down the line .

Opening platform for free was good move but moving away from “Free” to Fee ,under Marks Leadership will take sheen from his image . so they need a scapegoat . and i feel impact of such policy shift are moderate if there is a change in ownership .

We have example of GrandCentral , a startup which offered a telephone number for life , Once you have a Grand Central Number you need not to change it when you change service provider , move to a new city or whatever . They promised “One Number for One Life ” very romantic .Many people [including me , just for the heck of it ] signed up for it . sometime down the line .Grand Central got acquired by Google . with in few weeks of selling out . Google changed the policy and issued new numbers to existing GC users . There was a small outcry but Google silenced them by offering money for reprinting Biz cards .

Grand Shift in ideology , little flutter , little money and things are going on smoothly since , GC is still signing new users .

If Tomorrow FB wants to take a corrective action like say a 5-10% revenue split with its existing app developer or they want to sell Flash overlay adds on small widget based TV on every profile . Given his image , doing this will be hard for Mark. So he may collect the money and run to do next venture . but if some other company say Google or MSFT do it ?

Like grand central there will be little unrest and people will abuse MSFT for greed and FB will keep going . In my opinion that will be a Good End game for Facebook exit .

Extra :

These are my view and I admit that there is a possibility that I might be wrong and Mark and his team can come up with some new strategy to address these issues and stay independent . I will be a happy man if thats the case .

Whats your take on FaceBook Endgame ?

PS : this post was originally published at my blog . but i felt that there is a better audience for it at VW so i am posting it here too .

BAD APPLE OR BAD BARREL ?

Many of my friends are Internet and Soc Nw. Enthusiast . whenever we sit together ,we spend a lot of time discussing relative merit of every Sc.Nw site in market . some time back we were discussing most primitive form of all social Nw sites, namely DATING sites . Almost every one in group agreed to the fact that Online Dating is a BIG business but none of the company has got it right , specially in India . Most of the participant in discussion agreed that it doesn’t worked for them . adaptation , usage and throughput is not good enough.something is definitely broken somewhere . Our Culture and Conservative society is obviously a reason . but even in upwardly mobile Metro youth, usage of DATING site is not that much .

Some female members of the group were concerned about their Privacy and Fear of any possible abuse by stalker [SIKO is the term they use ] . they were convinced that most of these DATING portal is a fertile ground for abuse . that their security and reputations is at stake if they extend the conversation off line. so they may put up there profile on these site for the heck of it but response rate is very low . Most of them quoted the example of recent case of Mumbai teenager who was killed by his friends whom he meet at Orkut .

I don’t dismiss their fear ,its definitely not without some ground . but i somewhat disagree to the tendency to blame it on service provider .Possibility of stumbling upon some idiot is there but isn’t thats true for every place . Life in metro is a fertile ground for abuse . with thousands of Indian registered at Orkut we have only 2-3 cases of Orkut being used for some illegal activity . does that negate the whole concept ? Is it a case of BAD APPLE OR BAD BARREL ?

How can someone who want to do next orkut or some other dating service can address this concern of User community ,Investor ,Press and of course Moral Police ? Any thoughts ?

Event Notification : 4th Meetup of Mobile Monday Delhi

Mobile Monday Delhi Chapter is going to have its 4th meetup on 18th of August . I would like to invite the readers of VW to participate in our meeting .We encourage you to be a part of this Event and share your thoughts with fellow mobile enthusiasts.
Details of Event is given Below

Mobile Monday Delhi 4th MeetUp

THEME : Mobile Startups

Sponsored by : Nokia India Ltd & MDI Gurgaon

When?

Saturday , 18th Of August 2007

Where?
Management Development Institute[MDI] ,Gurgaon.

Want to participate ?? Register yourself at our wiki !!

http://momodelhi.pbwiki.com/MoMo4-

PASSWORD IS “gurgaon122002″

There is no fees for participation .Please Forward this information to everybody who you think might be interested in attending this event ,Please help us to spread the word .Looking forward to see you there. in case of any difficulty in registration please feel free to contact me.

PS: This time our focus is on demonstrating and showcasing the work being done by startup in mobile domain . stress will be on demo and product presentations . If you know any Mobile Startup who might be interested in Participating than please forward this link to them .

Attracting Vanity Users for a Social Network

I am a regular user of Social network like FaceBook,Orkut, LinkedIn.

Collaborative Knowledge Sharing Networks Like Wikipedia , WikiQuote,Del.icio.us

Q&A forums like USENET ,Linkedin Answer ,Yahoo Answers .

Media centric communities like Flickr,Slideshare,Youtube

I have noticed that most of the time some specific member of network are more Vocal , enthusiast and involved than others. these user keep the conversation alive . a study says 20 % of Linked In users are answering 80% of Q . Yahoo Answer have similar pattern .

In old product/ technology centric paradigm we often call them power user or early adopters . There is no immediate material /objective gain form Answering someone’s Q or solving a problem on someone’s behalf . still people do it .
someone told me that “It’s not Just Altruism which promotes these guys to do so . another factor is that it satisfy their Vanity “. he even suggested that whole notion of option source is driven more by Vanity than by altruism . [i neither agree nor disagree with him , i never thought of Open source n Free software in that way ,however thats besides the point ]

I think that these Vanity users are Key to any social networks adaptation and growth . Who are these guys who write wikipedia articles ? i know only one such guy . My question is How can a upcoming startup ensure that it gets attention of Vanity users ? what appeals to them ? how can you attract and [more importantly] retain them .

can it be done by

Design ? ie: Having specific feature which uplift user’s social presence [ Linked in Recommendation,Fave count in slideshare , Testimonial in orkut, flickr ]

By reward ? : some incentive ie Cool Quotient index or Giving Visibility ,Profile of the day ,most read profile , max number of connection ,Hot count in Hot or not , Feedback grade in E Bay )

By some grading system ? (FANs in Orkut and Domain Expert status in LinkedIn, Crush Count in Facebook ,Technorati Rating )

whats your thoughts on this

Mobile Monday Delhi : 3rd Meet Up

I am Very excited to inform you that we are going to have next meeting of Mobile Monday Delhi Chapter on 26th of May . We invite you to be a part of this Event and share your thoughts with fellow mobile enthusiasts.

Details of Event is given Below

Mobile Monday Delhi

THEME : Mobile Advertisement : Opportunity & Challenges

When?

Saturday , 26th May 2007

Where?

Adobe India Ltd,
Adobe Towers,
I-1A, City Centre, Sector: 25A
NOIDA-201301
Phone: +91.120.2444711

Want to participate ?? Register yourself at our wiki !!

http://momodelhi.pbwiki.com/MoMo3

PASSWORD IS “sunandini”

Please Forward this information to everybody who you think might be interested in attending this event ,There is no fees for participation .

Looking forward to see you there. in case of any difficulty in registration please feel free to contact me
pacificleo-at-gmail-dot-com

Event Notification : Mobile Monday Delhi

A very Happy New Year to the readers of VentureWoods .I am very excited to inform you that.After a long wait we are going to have next meeting of Mobile Monday Delhi Chapter. Everyone who is interested in Mobile Technologies can participate in it . We encourage you to be a part of this Event and share your thoughts with fellow mobile geeks & Industry veterans .

Details of Event are

When?

20 Jan 2007 ( Mark your calender ,it’s on weekend)

where?

Impetus Infotech Pvt Ltd,
D-27, Sector-59, Noida.
Phone: +91-120-4363300

    Want to participate ?? Register yourself at our wiki !!

http://momodelhi.pbwiki.com/MoMo2

To keep you updated on latest developments Pre and Post event Please join our mailing list .

http://groups.yahoo.com/group/momodelhi/

Don’t miss it !! Its going to be a day of Great fun and learning .there is no fees for participation .

Help us to spread the word .Forward this information to everybody who you think might be interested in attending.

In case you face any difficulty in registration please feel free to ping me at pacificleo-at-gmail-dot-com

looking forward to see you guys there

Green Ocean ,Blue Ocean ,Astronomer & Astrounaut

This saturday i attended a event organized by Tie-BoA . Agenda of this event was to announce a collaboration /Alliance bitween Tie and Band Of Angeles as an initiatvie to nurture a Silicon Valley like Eco System in india.

I am writng this post to highlight one aspect of this eco system which i have seen in all such events . sometime under the surface sometime discussed openly .

Its the Silo or Communication gap bitween Investor and Enterprenuer .

Be it VC or Angel , Institutional or Individual there is always a conflict of interest bitween both of the parties . As a matter of fact this phenomena is not confined to this country . Even in developed economies tales of VC-enterprenuer conflict is commonplace.
This used to baffel me when i started attending such gathering around a year back . by every logic i can think of , VC and Enteprenuer should work togther and it should be a win-win deal . but after one year and 10-12 such gathering i can safely say that this is hardly the case .

what is suppose to be a “Meeting Of Minds ” often Turns into a “Clash of Heads” . why ?

As an aspiring enterprenuer i have a significant interest in exploring answer to this Question.So that when i approach potential investor in my venture i can avoid all that . so here is my analysis of this phenomena . I wanted to post the complete text here but the post was a bit too long so i published it on my blog .
You can read the complete text here .

Your Comments /Advice is awaited and greatly appreciated .