Posts Tagged ‘world’

PostHeaderIcon The Man Corporations Love and Xenophobes Hate

During my recent trip to India, I flew down to Bangalore for one reason: To meet N.R. Narayana Murthy. Murthy is the co-founder, executive chairman and former CEO for 21 years of Infosys, the first Indian company to go public on Nasdaq and effectively the company that began the $30 billion Indian IT outsourcing market.

Murthy’s idea was so successful that it quickly became controversial—not only within the United States where some Americans feel Indians are “stealing jobs,” but also in India where many are concerned about a tech economy that doesn’t make anything. I wanted to meet with Murthy, because in many ways he’s the best person to address what Indians at home and abroad are facing and where Indian entrepreneurship goes from here.

Here are a few highlights from our meeting:

His Day Job. Murthy thought he was stepping down from Infosys back in 2002, but he couldn’t fully let go. As such, he still works pretty much full time for the company, traveling to meet with customers and running a lot of the company’s mentoring and training programs. The more surprising aspect of his job: He personally signs off on the architecture of every building on each one of Infosys’ campuses that employ some 17,000 people around the world. The one we were sitting in was spread of eight acres and had some remarkable buildings, including one that looked like the Luxor casino in Las Vegas.

I asked why this was a top priority—after all, many Valley campuses are plush but from an architecture standpoint look about the same. He said when GE and other American multinationals were starting to come into his business everyone thought Infosys would lose the local talent war. So Murthy studied why people want to work at a particular place. One of the results was the comfort and design of the facilities. That was in 1994 when Infosys was designing the very building we were sitting in as we had this conversation. “I’ve been in charge of every building since– all over the world,” he says.

Hurting or Helping Local Entrepreneurship? Given exactly how plush Murthy and his colleagues have worked to make Infosys, has he indirectly hurt Bangalore’s entrepreneurship scene by making the risk of leaving so daunting? He smiled when I asked this and said, “We may have unwittingly. But I do feel like the spirit of entrepreneurship is alive and kicking in Bangalore.”

Further, I asked about Bangalore’s Zippo-flipping, free-spending generation of young techies who’ve graduated to a huge wave of multinational jobs that pay them far more than their parents ever made, in many cases more than the rest of their families combined. Murthy didn’t deny that that instant-gratification, “gimmie” contingent was strong in the city he helped build, economically speaking. But he blames the Internet and the mass-cross-pollination of Western pop culture, not the bigger paycheck from companies like his.

“We are moving towards a uniform, global culture with an intense competitive spirit and an intense desire for instant gratification,” he says. “But I have a firm belief that each generation is better than the previous one. The Indian entrepreneurs today are more daring than we were.” (This from a man who became a capitalist after after hitchhiking across communist Eastern Europe and getting thrown in jail for chatting up someone’s girlfriend on a train. “More daring” is a tall order, young Indian techies.)

Is India’s Tech Community Too Addicted to Services? Clearly, services has been a great business for Infosys and the hundreds of dollar-millionaires and even more rupee-millionaires that the company’s generous stock program has created. But a lot of Indian CEOs and investors complain that in most cases services-based tech businesses are a great way to get revenues quick, but not a way to build a huge, high-growth business. There’s a big question of whether India’s tech sector has a worrying lack of product-building know-how.

Murthy says it’s a progression. “India missed the industrial revolution, but Indians had intelligence,” he says. “We had to make do with pen and paper. We were always forced to look at the abstract. What is happening in India today is the creation of jobs. Let’s create jobs as long as they are legal and ethical, it doesn’t matter, as long as we make money. The time will come for creating products. I wouldn’t lose sleep over this. If we create enough jobs we’ll raise the confidence of the youngsters and they’ll create products.”

India’s Infrastructure. Here’s something it’s hard for even Murthy to be upbeat about: India’s shoddy physical infrastructure. Murthy has traveled the world and it’s frustrating that so much money has poured into the country he loves, and yet, the infrastructure is still so shockingly bad.

There is progress—Infosys for instance has benefited from a new overpass that cuts down on the drive to the campus by more than thirty minutes. (See!) But it’s not moving nearly fast enough, he says. “I don’t know if we will reach the level of the United States or China,” he adds.

Murthy gave a more nuanced explanation than the usual “it’s corruption” answer you get in India. He explained that 65% of India’s population lives in rural areas and 35% live in cities. And there’s such polarity between the quality of life that politicians have to appear to be doing more for the villages than the cities if they want to get re-elected. That leaves prosperous economic cities blighted by poor sewage systems, pollution spewing generators and beggars weaving through traffic tapping on car windows. “Different emerging nations take different paths,” he says. “In China, they chose to emphasize giving people economic freedom first and political freedom second. In India we chose the opposite path.”

Hurting or Helping US-based Indians? All you have to do is read the comments on one of Vivek Wadhwa’s posts to see the ugly, anti-immigrant, anti-Indian fervor that’s been whipped up in America, post-recession. A lot of it has to do with outsourcing. I asked Murthy if he felt his company and industry’s huge success has indirectly made life harder for Indian-Americans. He turned the blame on xenophobes like Lou Dobbs and grandstanding politicians who use the wedge issue to get viewers and votes.

But it’s an issue he has to address a lot. He answers it by saying every morning he gets up and gets a Pepsi out of his GE Fridge and drives his American car to work where he sits down at his Dell computer. India used to have companies that made soft drinks, refrigerators, cars and computers. But the American ones were better. Allowing them in hurt Indian workers in the short term, but provided a far better quality of life for a much bigger swath of Indians long term. He argues outsourcing has done the same thing for US companies. Greater efficiencies and cost-savings enables these companies to stay competitive and there’s no reason they can’t—in theory—plow those savings into better local jobs or job training.

This argument isn’t going to pacify hate-mongers, because nothing will. Murthy knows that too and while he regrets it, he seems to accept it as reality.

Advice for Entrepreneurs. Murthy has started a $170 million venture fund, so although he spends most of his time still at Infosys, he clearly cares about encouraging the next generation of entrepreneurs. He had two big pieces of advice for them. One, be able to articulate what you do in one sentence. If you can’t, you don’t have a good idea. And two, make sure the market is ready. Businesses are killed, not congratulated, for being ahead of their time.




PostHeaderIcon The Davos (Or Is It Arrington?) Curse – People I Interviewed Are Getting Fired

The list of people I interviewed at the World Economic Forum in Davos, Switzerland earlier this year is starting to look like more like a hit list than a VIP list. Two of them have been relieved of their current positions – MySpace CEO Owen Van Natta and now Ning CEO Gina Bianchini. If I were Jeremy Allaire, Max Levchin, Sheryl Sandberg or Evan Williams, I’d watch my back. They may be coming for you next.




PostHeaderIcon Google Product Manager RJ Pittman Defects To Apple

The battle between Google and Apple continues. RJ Pittman, a prominent product manager at Google, has left the company to join Apple. We’ve been tipped off to a tweet he sent out two days ago that said “My last day at Google. Incredible experience. Amazing people. Moved mountains. Next chapter. Hello Apple.” Pittman has since removed the tweet from his Twitter feed, but judging by the tweets still visible in Twitter search, it’s true.

We’ve also received an email that Pittman  sent to his coworkers and friends about the move (we’ve redacted a paragraph about hanging out with his family during his time off):

Yesterday was my last day directing traffic at Google. It has been an incredible ride, and an amazing experience. Google is one of the most fascinating companies to work for. Working at Google scale is pretty incredible and the people are one of a kind, to say the least. It’s been an amazing 3 years of my career. It was very hard to say goodbye to all the people I call family at the Googleplex around the world. The company afforded me the opportunity to be ‘me’ inside the walls of a 20,000 person company that generates $20B in revenue. For that, I will always be grateful. I learned so much about the world, our users, and most of all…me. I left with a very heavy heart yesterday. Leaving was much harder that I expected. Admittedly, I’m feeling a bit useless today, my first day as a Xoogler. But I’m hoping this feeling will wear off soon. (Noogler is our term for a newly hired Googler, and Xooglers are the band of ex-Google alumni)

I was sprung from Google by a little company down the road that you might have heard of called Apple. Some might say I owe most of my career in technology to a little start up company that created the computer that I first learned to program, the Apple II, in 1980. By 1984, my life would be changed forever with the introduction of the most revolutionary creation of the decade, the Macintosh. A year later I would find myself spending more time with my first Mac than any other living being for my foreseeable teenage future. I’ve owned almost one of every Apple product released since then, and still own my first Mac that started it all some 25 years ago. In a strange but not so strange way, this is a sort of homecoming for me, despite never having worked for Apple. Life works in curious ways, and I love it when every so often it comes full circle. I couldn’t be more excited for what lies ahead. They’ve created a pretty neat role for me, which I will be able to talk about soon after I’ve started working there.

It’s unclear exactly what project Pittman is working on (his email only says that it’s a “pretty neat role for me”) and there’s little chance Apple’s PR team is going to give us any guidance. That said, my hunch is that he was recruited at the behest of the Lala team.

Apple acquired the streaming music service in December, less than two months after Google and Lala worked in tandem to launch Google OneBox Music Search. Pittman was one of the key players on that project, and worked closely with Lala to get it off the ground.

That said, Apple could be after his other talents — Pittman had previously presented at the launches of other search-related products, including a Google Labs event. And before that, he founded Groxis.

We’d previously heard that Google and Apple had a gentlemen’s agreement not to poach each other’s employees. Obviously, that’s no longer the case.




PostHeaderIcon Web Publishing Startup DocStoc Now Offers Branded Viewers To Users


Web publishing startup DocStoc is launching a customized document viewer today, allowing anyone to create easily embeddable, branded document viewers. The new feature is open to all DocStoc users and offers the ability to customize the logo, buttons, links, and color of the viewer.

The viewer itself is fairly sleek and resembles DocStoc’s normal document viewers. Users can directly download documents from the viewer and DocStoc will automatically convert any convert historical embeds with Docstoc. For example, all of the documents we’ve embedded with our TechCrunch DocStoc account will now include our branded viewer.

Also included in the viewer is the ability to monetize on the publisher side. So publishers can choose to put streams of ads in the viewers, which is operated by DocStoc. DocStoc and the publisher will then share in any advertising revenue.

Competitor Scribd launched branded viewers in October, but the feature appears to be only available to select publishers. The startup just launched a new marketplace for professional documents and with 3 million registered users, DocStoc is now profitable. Nazar says that the company is seeing 20 million uniques per month and is growing rapidly as a business focused site. Branded and customizable viewers works into this vision nicely.

Here’s an example of the TechCrunch branded viewer:


Apple vs HTC





PostHeaderIcon SpotRank Is Skyhook’s Intelligent Location Firehose. SimpleGeo Is The First To Wield.

In terms of location data, few get more than Skyhook Wireless. The positioning technology is in use in tens of millions of devices around the globe, including, notably, on every iPhone. And now the company has a simple way for third-parties to tap into that data in a useful way.

SpotRank gives developers access to hundreds of million of anonymous location entry points put into the Skyhook system. In fact, there are some 500 million points (100 meter “spots”) at the service’s launch. With this massive amount of data, developers can do things such as predict what locations will be hot on which nights, or predict traffic patterns. They have so much data because it’s not based around things like check-ins, which are hot right now on the consumer side of location, but rather everytime a device needs location for anything.

The first partner signing up to use SpotRank is SimpleGeo. It seems like a perfect partnership. SimpleGeo provides back-end location services for many startups, so the more data, the better. And Skyhook’s data goes back several years, a nice addition for the young SimpleGeo.

One thing SimpleGeo co-founder Matt Galligan is particularly excited about is that the SpotRank data is all time-coded. This will allow users of its service to do trending data. And SimpleGeo is working on making the data realtime.

Other partners interested in signing up for SpotRank include the hot location startup Gowalla, and ShopKick, the soon-to-launch retail location check-in service (makers of the CauseWorld app that we’ve covered a few times).

At some point tomorrow, the SpotRank data should be live on Skyhook’s site showing some SXSW data — which will no doubt be huge with the Location War going on.

[photo: flickr/flattop341]




PostHeaderIcon Review: Iomega iConnect Wireless Data Station

Short Version: We now have so much storage in our homes that we could probably, each of us, start our own Rapidshare service. But how do we get all that data to the other machines on our network or, better yet, out onto the Internet

Originally posted here:
Review: Iomega iConnect Wireless Data Station

PostHeaderIcon DIY: Stereo Cooler

Here’s a clever yet simple DIY project for you, just in time for the weekend. You could probably even through this thing together before the next camping trip, even if you are heading out tonight

Go here to read the rest: 
DIY: Stereo Cooler

PostHeaderIcon Kim Jong-il caption contest

Matt: “I see we just got the latest computer monitors. Take that, South Korea.” Devin: “Zerg him, comrade” John: “Our glorious gold farming initiative is the pride of the world.” Dave: “What?? Doug left CrunchGear ?” Greg: “Our screens may not be bigger, but they are deeper.

Go here to see the original:
Kim Jong-il caption contest

PostHeaderIcon Deja Vu: Eyeblaster Files For $115 Million IPO, Again

Eyeblaster, an online advertising firm, has filed for a $115 million IPO according to a recent SEC filing. This is actually Eyeblaster’s second bid for a $115 million IPO — they filed for one at the same price early in 2008, before the IPO market dried up.

The company makes a variety of products, including MediaMind, which is an ad serving and campaign management tool. Last year the company earned $65.1 million in revenue, up from $44.7 million in 2007. The New York-based company was founded in 1999 and has 36 offices around the world.

Information provided by CrunchBase




PostHeaderIcon BoomStartup Gives Utah Its Own Startup Incubator

While California and New York tend to get the most attention as technology hubs, other states are quietly hosting their own vibrant communities around technology and innovation. Utah is one of these states. Utah is home to tech giants Omniture (which was acquired by Adobe for $1.8 billion), Novell, Symantec. And today, Utah is getting its very own startup incubator, BoomStartup, which is a seed capital and mentor-focused investment program for web and software start-ups based in Utah.

Based in Orem, Utah at the Canyon Park Technology Center (the original site of WordPerfect Corporation), BoomStartup is a full-time program that will run from May to August and provides each selected company with seed capital (up to $15,000), mentoring from entrepreneurs and technologists, free office space and resources, and education that takes them through the various steps of getting a tech startup off the ground. For its first rounds, the organization will choose eight startups to participate in the program. Applicants for BoomStartup must have a founding team (two or more individuals) and an idea with a focus on web, mobile, software, and non‐hardware tech. Startups can apply here.

BoomStartup was founded by Utah angel investor John Richards who invested in Omniture. BoomStartup is made up of seven other mentors and investors in the fund. Each investor-mentor has contributed $15,000 in the fund. Investors include Omniture co-founders Josh James and John Pestana, Ralph Yarro, Nobu Mutaguchi, Martin Frey, and Rod Watson.

It’s always great to see investors and former tech executives investing time (and money) in promising startups and ideas. And we are seeing a plethora of innovative startups emerging from a variety of incubators around the country and world, including Y Combinator, TechStars, The Founder Institute, Launchbox Digital and more.

Continued Richards: “This group of investor-mentors has a track record of growing successful businesses and creating innovative technologies. Their expertise and vision will be invaluable to the selected companies, and give them the know how to overcome the obstacles they might confront, whether that be on the business or technological side.”

BoomStartup will host a series of “Meet the Investor-Mentor Days” through the April 12, 2010 deadline; the first will be held Friday, March 12, 2010 at 4 p.m. at the Canyon Park Technology Center, Building J (1401 N. Research Way, Orem, Utah). Investors-Mentors will be on hand to talk with prospective applicants about business, technology and discuss strategies for their businesses.




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