• The solution to premature commitment bias starts with a K

    As you may have noticed, I have recently found myself consumed by the problems facing technology entrepreneurship today.  In particular, it’s the amount of sheer waste that gets to me.  As I’ve mentioned before, the real tragedy here is all of the time that is wasted by really talented entrepreneurs and early employees.  Unlike money, time is non-renewable.  You don’t know how much you actually have, and you can’t make any more of it when you run out.

    As an entrepreneur about to embark on my next journey, this is something I think a lot about.  I want to avoid premature commitment bias like its a plague (which, by the way, it is.)   And I want to find myself on the right side of the disequilibrium of success!  I don’t want to bust my ass for 2-5 years just to chase a mediocre dream.  Not worth it.

    So here’s what I’m going to do

    I’ve decided that it’s time to take a new approach to building companies.  That approach involves assembling a team of the most talented people in the world.   Then we’re going to unearth really hard problems and solve them.

    Companies will be formed.

    Fun will be had.

    What about all the details?

    I don’t know them yet.  It makes sense to figure out the details of how this thing works after the right people are on the team.   Here’s what I do know, though: we’ll be calling ourselves the Kemists.

    And we’ll have a website that looks like this, and a logo that looks like this:

    Kemists Logo

    If you know remarkably talented people who like building companies, or are one yourself, send them to (or go to) the site and apply.

  • The new hardcore gamer…

    I am currently at the Rise of Social Commerce conference here in Palo Alto.  I was just listening to a talk by Manny Anekal, the Director of Brand Advertising over at Zynga.  He said something that really struck me.  He said that the hardcore gamer is being redefined.

    This is near and dear to my heart because I consider myself one of the ‘hardcore gamers of the old guard.’  It’s something I take pride in, actually.  Although I guess I am a little bit over the hill these days.  The typical hardcore gamer is a 18-24 year old male.

    Anyway, apparently there is a new hardcore gamer in town.     It’s the 40-year-old mom.  According to Manny, this new hardcore gamer is engaged the most in the world of casual social games (like the kind that Zynga makes).  Accordingly, she also purchases the most in the way of virtual goods.

    Who knew?

  • Rise of Social Commerce

    I was fortunate enough to be invited to sit on a panel at the Rise of Social Commerce conference here in the bay area this week.  I’ve been so busy lately that I haven’t actually had the opportunity to check out the conference agenda until recently, and I have to say that it really looks like it is shaping up.

    There seem to be some great panels and talks throughout the two days.  Also, the size of the event seems to be ‘just right’ to me.  It seems like it is going to be small enough for really meaningful conversations and networking to take place but large enough for there to be a diverse group of folks in attendance.

    True to the social flavor of the conference, everything seems to have a hash tag.  The conference can be followed with #RSC10.  Each session can be followed via #RSCS1..11 or #RSCP1..6.  Also, everything is going to be on a live stream that you can tune into here!

    Our panel will be on October 7th at 1pm PST.  You can tune in via the feed and ask questions via #RSCP4 on twitter!