Piclens makes Flash slideshows look like something from the last decade

picsel.jpgEvery so often you bump into something on the web and you just think “wow, thats really cool” shortly in my case followed by “damn I’d really like to hire the developer who created that!”. This was exactly my reaction on installing Piclens fantastic add-on to Firefox.

It even runs OK on my 4 year old Pentium M 1.6 Thinkpad (which I might add despite being shortly replaced by a Thinkpad X300 is probably the most sturdy reliable piece of hardware I have ever owned – I cannot compliment it enough, no wonder IBM Thinkpads have such a reputation with serious computer users). Anyway, back to Piclens. Rather than me waffle on trying to describe it, I suggest you simply install it and try it out.

My best in show for Plugg: Viewdle

plugg.gifPlugg has been a nice little event; as noted at the Rummble official blog, we also hosted the unofficial after party (OK, so a bunch of people in a bar with a modest float! ;-) In anycase, the startup showcase has pop-idol style remote control radio voting for attendees for its Startup show, and I think its safe to say it was popular and a resounding success. My favourite? These guys: http://www.viewdle.com/. And lastly, well done Robin for organizing the conference.

“Viewdle is a facial recognition powered digital media platform for easily indexing, searching & monetizing video assets”

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The big fat UK investment “equity-gap-elephant-in-the-living-room” that nobody wants to mention

elephant_in_living_room.jpgIn reply to a post that someone replied to on Robert Scobles blog, saying that there was no issue with VC tech funding in Europe and that there was plenty money for startups and suggesting that it was just as easy to fund a company to build a multi-billion dollar business in Europe as the U.S. (the persons comments in italics), I recently wrote this response…

“There’s really no shortage of venture capital in Europe.”

Not true. There is no shortage of growth capital. There is no shortage of seed capital. There is a major shortage of Venture Capital for Series A with early stage companies. I dont know if you have raised capital for an early stage company in Europe, but if you have tried you’ll know there are literally only a handful of VCs who understand the tech ecosystem fully AND are prepared to invest early stage.

“If you want to build a billion dollar software tech company in Europe by using European VC money, it’s perfectly possible to do it”

I’d challenge you to give me 5 companies in this category who have grown to a billion dollar company, purely on European VC money (let alone UK), other than rolling out the usual suspects such as Skype et al. In contrast, I can probably name you 20 U.S. in the consumer internet sector, without breaking a sweat.

There is problem in Europe – its the equity gap. And its big. There are of course always exceptions to the rule, but in general U.S. seed investment is larger, and VC investment is earlier. In contrast, seed investment in the UK/Europe is smaller and VCs invest much later. That leaves a gaping hole between around £250,000 and £2m ($500k and $4m U.S.)

Everyone knows this, everyone will discuss it private, but nobody wants to spoil the party at European conferences by saying it. Which is a pity, as it needs to be said; because there is so much good stuff going on in Europe in the startup scene, thats its a disgrace that more support and more risk capital is not made available early enough.

Europeans (of which I am one) sometimes ask why there is no Yahoo, Google, Flickr, YouTube, MySpace etc etc of Europe; I believe the reason is what I have just described. Sadly, the same fate awaits us again in 4 years time when the consumer mobile internet services mature, and the same conversation will be had again.

The U.S. is now heavily investing in mobile startups and I believe has every chance to over take Europe in mobile services and take up, within 18 to 24 months. You read it here first.

The European tech sector needs to wake up to this reality and do something about it; until it does the U.S. will continue to dominate North American and European markets with web and mobile consumer brands, because they invest earlier and more aggressively, in more companies.

That was the gospel according to St. Andrew.

The Innovation and Growth Awards 2008

Our neighbors in Cambridge, Library House have taken over the running of the Price Waterhouse Coopers sponsored and lengthily named Innovation and Growth Awards this year. Speaking to John Owen (CEO Library House) he explained to me that they were keeping the format similar this year as the previous year before making changes based upon feedback and experiences.

Held at the Hilton Metropole, the food was good and the venue OK. The major disgrace was -as with so many UK conferences- there was no ubiquitous free Wifi. Talking to an unnamed source it was apparently because The Hilton Hotel wanted £10,000 ($20,000!) to provide wifi access to all conference attendees. That is truly insane in this day and age.

Moving on from that, I didn’t get to attend much of the conference as I had too many other meetings; there was a company Showcase that I caught some of – which included Mark’s Flirtomatic which is going well by all accounts. Outside of that I was invited by the very good legal chaps at Winston & Strawn to the Awards dinner (and they even treated us to an ipod Shuffle!) . After utilising a Hilton toilet to change in to my penguin outfit, the awards were certainly focused on growth -i.e. there were no startups in evidence (not in my idea of the word anyway).

drinktank.jpgHowever, I was on a table with some startups – Huddle and my friends at Trusted Places. I had to get a train at stupid-oclock in the morning to get to Brussels for Plugg, so I had to leave the fun early. Not too bad as I’ll be seeing the gang soon enough at their Drinktank later this month which I’m very much looking forward to! Sounds like the type of thing I would organise! [stoppress: that gives me an idea!]

The highlight of the evening was not the over-enthusiastic Lucy Alexander of Sky News who was MC, but rather the 72 years old Trevor Baylis (the inventor of the wind-up clock radio) who echoed my own frustration at Britains appalling treating of its inventors and general disregard or apparent allergy to fantastic innovation … You know, nothing significant – things like the jet engine for example, which the UK government ignored for the first 10 years of development.

Some pics of the event below, including Trevor in action. Maybe see you at Drinktank!

080318 Innovation and Growth Conference

Mobile Phone Etiquette

I’m seriously behind on my blog posting. I’ve been to 5 conferences in the last 2 weeks and am exhausted and not surprisingly behind with a stack of work. To keep the 1000’s of my blog followers <sic> content meanwhile, here is some light relief, demonstrating the way one should conduct oneself on this modern marvel of wireless technology…

Viral Marketing & SEO: Blogging your company or startup

image1.jpgThere are probably many better resources out there than my blog to give you the low down on the 101 best ways to blog about your company; but some of my team recently wanted a few pointers – specifically how to find blogs relevant without wasting a lot of time. So I fired off this email to them, which I then thought other might find useful
The obvious are:
  • social networks
  • do a Google search (or be wild and try a difference search engine, like MS Live)
  • industry forums
  • industry groups on social media
  • social software sites
  • people you know who have blogs
  • your OWN blog
Further to our conversation about spreading the word via blogs (but without spamming) One little trick I use is Google Alerts for certain keywords to draw my attention to blogs and articles that I can comment on; this serves the dual purpose of keeping me aware of the industry. Ive got quite a few keywords I keep track of using Google Alerts (e.g. mobile social networks, rummble, lbs, mobile advertising etc etc). You could just pick something that interests you.
Clearly the comments have to be relevant when you post, but you should pick a topic and become an expert in that area -
It doesn’t have to be a technical topic if you’re not a developer; it could be privacy, or safety online, or mobile marketing. You can then:
  • comment with authority (so its not spam on blogs / articles)
  • become an ambassador for your startup in that area
  • converse with confidence at events on that subject
  • evangelize your startup as best practice in that area
Doesn’t matter if there is overlap with other people; and you dont have to spend hours and hours. Even just 5 or 10 minutes each day to put a blog post or a link and if possible get it back to your startup, or atleast put it in your signature; thats 7 a week, times by however many people in your team do it (in my view, all should!) by 4 weeks a month — thats a lot of references and eyeballs……