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cienrak

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If they wanted to, Kickstarter could be one the biggest and best platform for startup crowd funding. They have the infrastructure to capture the promise of the JOBS act/ crowd funding act

“The process of building software is getting cheaper and cheaper,” said Borthwick.”The production buzzwords of our era — ‘betas,’ ‘agile development,’ and ‘pivots’ — are all an outgrowth of micro-development, which makes it less expensive to build more. As the cost of building and operating software-based businesses decreases, increasing value will accrue to design.”

That's a scary thought, but I don't think developers are going to be commoditized anymore than designers. Web templates are just as plentiful as API

I don't understand why they didn't try to fight this based on the NDA or no-use. Wouldn't a good lawyer be willing to take this on retainer, if they could prove their tech was being ripped off despite the legal protections they signed going into the deal?

I think what Fred is saying is that in the wake of SOPA's failure, the entertainment industry might be willing to come to the table with tech and work to ban the worst offenders, rather than pushing for the kind of overarching, draconian laws that the public rejects.

Isn't this just how the sausage is made? It is interesting that Timeline actually makes it easier to disrupt the flow of personal information and privilege ads over friends. But this is how the marketing department of any big company would see it. Can't IPO without getting your hands dirty.

When you are working at a large corporation there are people to commiserate with. It's fun to blow off steam bashing the boss over drinks.

When you run your own startup it can be hard to admit the stresses. You see yourself as the face of the company and don't want to appear weak.

Let's take an example - Etsy has grown to 80 engineers in the last year. If 50 of these workers had decided they wanted to go their own way and create a startup, how many jobs would have been created and how many of those people would be out of work?

Easy money at the seed stage means a lot of companies that are small ideas trying their hand at building a business.

I think the Vonnegut reference is an apt one. But there is also a simpler question at hand. When we romanticize startups, do we actually undermine the larger, perhaps less interesting companies who are better at generating employment and economic growth.

In the same way that the American dream of home ownership came back to bite us, perhaps the cult of entrepreneurship could use a hard look.

Startups have different goals. Some want to stay lean and disrupt old industries. Others, like Groupon, are inventing new kinds of comapanies and hiring like mad.

Whatever the net-net is in terms of jobs created or killed by startups, the US is better off for having a class of creative people in the technology space trying to create new business models.

At this period, the public markets are a scary place. Tech companies that embody the new economy and have room to grow are going to become an increasingly interesting asset class.

It is strange, however, to see the same folks who were recently selling their shares on this market now becoming its backers. SecondMarket makes the market for FB stock, which Mr. Palihapitiya may still have quite a bit of.

Not ironic. Sad. Pathetic that our patent system is so broken and abused by folks in the software space.

As per usual, these companies don't share a single line of code, and Kickstarter was in business for years before this guy's patent was even approved.

But somehow, he can claim to have invented crowdfunding for creative projects -- USING A COMPUTER.

BS.

I get that #OWS could use some work on the message. But isn't their whole point to be outside traditional systems of capitalism and structure?

It's like saying, this anarchist mob isn't very organized. Well, yeah.

That being said, I agree with Meetup guy that sites like Kickstarter are exactly the kind of peer-2-peer marketplace that could help reshape our economy and empower the 99%.

Naval sees one small slice of a very large market.

Given the bleak macro economic picture, funding has probably fallen on Angel List, where a lot of doctors, lawyers, and non techie investors look for deals.

But the overall picture for early stage funding, as concrete data shows, did not get any grimmer over the last two quarters.

The crowd applauded this bout of honesty, and Mr. Jobs continued. "You look at the farm that's been created with all these different animals going in different directions and it doesn't add up. The total is less than the sum of the parts. We had to decide: what are the fundamental directions we're going in?"

With the gauntlet thrown, Mr. Jobs headed into deeper, metaphysical territory. "The hardest thing is, when you think about focusing, focusing is saying, yes, no, "he said, walking backwards as his argument changed direction, his hands splayed out wide. "Focusing is about saying no. Focusing is about saying no," he repeated, as scattered applause breaks out.

Jobs was not only reasserting himself, he was setting the stage for the way he would run the company for the next decade and half. He was articulating the essential vision, which he returned to again. "Focus is about saying no. And the result of that focus is going to be some really great products. Where the total is much greater than the sum of the parts."