The impending Age Of Abundance was prophecied in the scriptures thousands of years ago.
Wednesday, March 07, 2012
Tuesday, March 06, 2012
More To The Naveen Story
Naveen Leaving FourSquare
You don't want to believe everything you read in the media, but obviously there is more to the Naveen story than first emerged. My only sources of information are what are publicly available.
Business Insider: Co-Founder Naveen Selvadurai 'Tried To Fight' His Departure From Foursquare
You don't want to believe everything you read in the media, but obviously there is more to the Naveen story than first emerged. My only sources of information are what are publicly available.
Business Insider: Co-Founder Naveen Selvadurai 'Tried To Fight' His Departure From Foursquare
A source who spoke with Selvadurai during his final discussions with Foursquare says Selvadurai feels pushed out – pushed out by his cofounder Dennis Crowley and the Foursquare board of directors....... Selvadurai told the source he was financially "screwed" when he was forced out too. ........ It's unclear how Selvadurai was financially damaged. When an employee leaves a startup, their salary stops and stock options stop vesting....... The severance was complicated enough that Selvadurai had to bring in a lawyer to help...... "[Selvadurai] tried to fight it," says this source. "It was a contentious thing. He was pretty f---ing upset." A second source familiar with the situation tells us Selvadurai's departure wasn't a simple firing or a resignation: "These things can be very gray." ...... one source tells us Selvadurai and Crowley "hadn't been getting along" for some time now. ...... Another source close to Selvadurai tells us he has, for a while now, felt lost at Foursquare and he has been frustrated about his role....... "Foursquare has a CEO; that job is taken" says a source briefed on Foursquare's founder divorce. "Might Naveen be happy about that or not, I don't know. I can see that as being hard." ...... Selvadurai worked hard to make Foursquare what it is today. But Foursquare has always been Crowley's dream. Crowley has been working on this company in some form for years, even before iPhones or his first startup Dodgeball existed. ...... Selvadurai, Foursquare PR, and Crowley declined to comment....... Jack Dorsey, who some have called the next Steve Jobs, was pushed out of Twitter. The board didn't feel he was ready to be CEO....... The exception may be Google's Sergey Brin, who heads "special projects" while his cofounder, Larry Page, runs the company as CEO. ....... When cofounders do stick around, it's often in non-operating, lower-profile roles. Yahoo's David Filo still works in a cubicle, even though he's a billionaire. Apple's Steve Wozniak never wanted a say in running that company. ...... A source close to Selvadurai can't imagine him being happy with a role like Filo's....... "Naveen is a proud guy and a real entrepreneur -- someone who probably wouldn't want to remain in a situation that wasn't fulfilling for him," says a source.AllThingsD: Checking In With the Foursquare Founder Parting: More “Tense” (Of Course)
In a terse note, Sevaldurai wrote that he would remain on the company’s board and as an adviser, as well as the “single most vocal user” of the popular check-in service. ...... according to numerous sources inside and outside the company — the impetus for Selvadurai’s departure was a lot more complex and fraught than he or the company indicated. ...... Twitter went through the mother of all contentious partings — twice, in fact — in an ongoing battle among its founders. ...... Selvadurai and Crowley, who had together become New York’s highest profile entrepreneurs in recent years ...... they had come to the conclusion over a series of talks over the last several months that there was no place for Selvadurai any longer at the fast-growing start-up. ...... “This company grew very quickly and a lot of senior management has been added,” said one person with knowledge of the situation. “It got to the point where Naveen was not in charge of much.” ....... since Foursquare began adding execs — I have a list below — he had become ever more sidelined, ending up with a small team focused on platform efforts and supporting APIs. ...... “Naveen was no longer heading any meaningful area of functional responsibility, so things got tense” ....... the departure was not ugly or closely related to either a recent stock sale by employees or its most recent funding in June that valued Foursquare at $600 million. ...... “Dennis and he don’t hate each other — things just changed” ....... “When you look at all the external stuff, Naveen’s leaving was really not tied to anything in particular. The business was really starting to mature … and there is eventually a line in the sand between building a product and building a company.” ...... Foursquare now has 111 employees ...... the discussions about roles at the company became more pronounced. ..... Naveen and Dennis agreed that there was not a place for him day to day ...... Crowley’s public goodbye on Twitter was short and, yes, sweet
After 3 yrs, my @foursquare co-founder is moving onto new projects & big ideas. Can't wait to see what's next @naveen! naveenium.com/stream/next
— Dennis Crowley (@dens) March 5, 2012
Monday, March 05, 2012
Phagwah/Holi In Richmond Hill: March 11
Phagwah Parade in Richmond Hill
The 24th Annual Phagwah Parade in Richmond Hill, New York:
When - Sunday, March 11, 2012
When - noon
Where - Liberty Avenue and 133rd Street, Richmond Hill, NY 11419
Route: Liberty Avenue and 133rd Street > west on Liberty > north on 125th Street > to Smokey Oval Park at 125th Street.
Gothamist: Holi/Phagwah Celebrated in Queens
MeetUp
Naveen Leaving FourSquare
Image via CrunchBaseI just read the headlines. I have not read the full length articles yet. But I must say I am very, very surprised. This was so unexpected, to me it was. Unless the split between the two cofounders was quite tilted, or if by now after having raised several rounds of money Naveen's percentage ownership in the company had become really low, or the guy has come up with the next big thing, I mean. I have thought of FourSquare as a company that could end up with an IPO. Now let me go read. The guy himself has a blog post on the topic, I think. Let's hear straight from the horse's mouth. If I were him I'd have left my equity still in the company. Because that money is growing. I wonder what he did.
GigaOm: Naveen Selvadurai, Foursquare co-founder is leaving
Business Insider: The Co-Founder Of One Of New York's Hottest Startups Is Checking Out
Pulse2: Foursquare Co-Founder Naveen Selvadurai Stepping Down
TheNextWeb: Foursquare co-founder Naveen Selvadurai announces he is leaving the company to work on new projects
AllThingsD: Foursquare Co-Founder Naveen Selvadurai Leaving
Naveen: Next
VentureBeat: Cue violins: Foursquare co-founder Naveen Selvadurai leaving the company
CNet: Foursquare co-founder Selvadurai to leave company
TechCrunch: SV Angel Also Buying Up Foursquare Stock. Dennis Crowley Emerges As Big-Company CEO
Okay, so the guy sits on the FourSquare Board.
Looks like the guy sold his stock to Spark Capital, one hopes only some of it.
Okay, so the guy feels like he has done all he can and he needs to move on.
It is possible some of the VCs in the picture have been gently working towards this end.
Pinterest Competes With Twitter, Instagram With FourSquare
FourSquare Should Rent A Stadium
FourSquare, I Was Not Here
Instagram Now Bigger Than FourSquare
FourSquare SMS Based Check Ins: Sometimes Messed Up
436 Friend Requests On FourSquare: Accepted
FourSquare's New Round
FourSquare Has 6000000 Users
Saturday, March 03, 2012
Robert Scoble Favorited My Tweet
Robert Scoble on the red couch (Photo credit: niallkennedy)
Robert Scoble Now Following Me On FoodSpotting
Robert Scoble Retweeted Me
PlanCast Failed For Not Catering To Its Power Users
Robert Scoble favorited my tweet. That is news in my world. I am surprised I am on the guy's radar. I am an admirer of Robert Scoble. I don't know anyone else who does social media quite like Scoble. Kudos.
Pinterest Competes With Twitter, Instagram With FourSquare
Friday, March 02, 2012
Pinterest Competes With Twitter, Instagram With FourSquare
Image via WikipediaLies, Damn Lies And Statistics: Instagram hits 25 million users – you heard it here firstI am talking in terms of my web diagram. I think Pinterest has the potential to surpass Twitter just like Instagram has surpassed FourSquare.
Pinterest feels mainstream like Twitter never did. Twitter has always felt a little nerdy. A very smart friend once asked me what the hashtag was. The idea of checking in can be a barrier. But sharing photos? Photos with twists and tinges? That old adge about a picture being worth a thousand words. And the whole thing about social. Fred Wilson once derisively referred to Facebook as "a photo sharing network." Another way to look at it is that was a compliment.
At universal gigabit speeds there might be video versions of Pinterest and Instagram. But something tells me photo has staying power. A photo can be consumed in a split second. But short videos can play. And there are so many details to a video. There is room. There will be room.
Thursday, March 01, 2012
Kim DotCom On Outdated Business Models
Image by Getty Images via @daylifeKim DotCom: "Piracy comes from, you know, people, let’s say, in Europe who do not have access to movies at the same time that they are released in the US. This is a problem that has been born within this licensing model and the old business model that Hollywood has where they release something first in one country but they show trailers to everyone around the world pitching that new movie but then the 14-year-old kid in France or Germany can’t watch it for another six months, you know? If the business model would be one where everyone has access to this content at the same time, you know, you wouldn’t have a piracy problem. So it’s really, in my opinion, the government of the United States protecting an outdated monopolistic business model that doesn’t work anymore in the age of the internet and that’s what it all boils down to."I had never heard of the guy before his arrest, although there was no avoiding the MegaUpload name. I agree with the statement above. Movies should be released globally online at once. For $1 per viewing. The movie studios would make tremendous money at that price point.
The Movie Industry's Non Innovation
What Price A Movie?
Paul Orlando's Reaction To My Social Media Week Achievement
Top Influencer During Social Media Week? Moi
Paul Orlando: "Stranger things have happened!"
Chatfe Happy Hour With Paul Orlando
Paul Orlando In The New York Times
Paul Orlando: "Stranger things have happened!"
Chatfe Happy Hour With Paul Orlando
Paul Orlando In The New York Times
Subscribe to:
Posts (Atom)