Posts tagged “Startups”

Never settle. Keep looking. Be hungry.

Last week, I resigned to go co-found a startup that tackles local search. We believe that it’s done badly and we intend to do better. We will bootstrap, live on savings for a bit and build prototypes that hopefully can attract angel investors while treading above a real and striking possibility that we will fail. 

About a year and half ago, I was asked to lead two things at Hill Holliday; the mobile practice and the emerging media practice in gaming. Last week, we won Adweek’s 2012 Media Plan of the Year for Branded Entertainment (a social gaming integration) and it spectacularly complemented our win last year for Adweek’s 2011 Media Plan of the Year for Mobile. While winning one national award is tough, the same team winning back-to-back across different categories is unprecedented. 

But despite winning a second Media Plan of the Year, I also couldn’t get promoted and I now realize that even if I did, it wouldn’t have changed anything. I wouldn’t be richer, or smarter or better off, I just would have continued the same course for another round. 

We are in the middle of a revolution with how we work, how we think, how we communicate and in a few years, what we did in the past will be unrecognizable. Like what the first telephone or the first television set meant to society; social media, the iPad, cloud computing, big-data and smartphones are all just the beginning. I am wildly optimistic about this future and I have always believed that the future was filled with opportunities to do things that might have seemed impossible in the past. 

Our time is limited and my bitter disappointment has been a moment of clairvoyance that I have the best opportunity to escape from the known possibilities like the next promotion, the bigger office and more awards for something infinite and unknown. Jumping straight into the unforeseen let’s you dream that not only anything is potentially possible but literally you believe in your soul that anything can be possible. At this point you start sprinting into the unknown because it’s all you want to taste, breathe and smell and nothing you’ve ever been familiar with in your life feels important at all. 

I do not know whether I will succeed or fail but I intend on obsessing on never settling since the possibilities are spectacularly unlimited. If you’re reading this and you feel unsettled with your finite possibilities, I suggest shaking things up. 

Addendum 8/21

It was not my intention to get press for what I wrote (BI, MediaPost) nor was it my intention to embarrass anyone. I write things here to clarify my thoughts and express with conviction for the things I personally believe in. When I share my personal disappointments here, it’s because I think being candid is helpful and maybe someone in a similar situation can do better. 

Fun facts: 

— When I meant I was leading the mobile practice & emerging media practice in gaming at Hill Holliday and that it was unprecedented for a team to win back to back, I left out that I was a team of one. I was fortunate to work across lots of talented different groups within the agency but my equation was based on national prestige in proportion to resources. Without a doubt, it was an incredibly entrepreneurial experience.

— I’m thrilled Business Insider, the proud publication behind 50 sexiest ad-execs (I’m not on this list?!), could put together a story using the very best of what I’ve published on social media over the years. I am reminded that I have not had any Hello Kitty candy in years.

— After I resigned & gave my two week notice, and well before I had written anything that the press could even read, I was immediately cut off. This has compounded my disappointment but I know now exactly what kind of culture matters to build a great & interesting company. 

— I’ve gotten dozens and dozens of incredibly supportive and inspiring emails, tweets, calls, messages, txts and more. I’ll say it again, if you feel like you’re dying a little everyday then you have a responsibility to yourself to shake it up. Hit me up anytime and I’ll convince you. Or be docile with your happiness and let me know how that goes. 

Luckily for people who live outside the bubble of Silicon Valley, there is a wonderful group of creators here who believe that everything is broken and that technology, creativity and guts can actually fix it.

Tags: Startups
Jul 23 2012

We’re Fucked It’s Over” (WFIO)

Tags: Startups
Apr 30 2012

Dubin wrote the spot last October and shot it with his good friend and co-director, Lucia Aniello. It cost about $4,500 and the team managed to bang it out in a single day, shooting on location at the actual factory warehouse, at their fulfillment center in Gardena, California. (via A Startup Ad Pivot: Behind The Dollar Shave Club Promo | Co.Create: Creativity \ Culture \ Commerce)

Now this is a startup video. 

Tags: Startups
Mar 8 2012

It’s funny, the story really doesn’t address the question with a well defined answer but it doesn’t really matter. The beauty of the story is the amount of hustle by the Korean-Americans & internationally minded Korean nationals trying to reconquer the old-school Chaebol powered Korea. 

If it means sleeping on a futon next to your desk for a year to win then so be it. I’d do it in a heartbeat. 

Tags: Startups Korea
Feb 10 2012

The Downside of Obvious

It occurs to me at the beginning of 2012 that the most obvious business decisions in 2011 are the decisions that needed the most scrutiny and thoughtful analysis. Coming up with a disruptive web product or a business idea can’t be obvious nor can it be simple; they should be both brutally ridiculed and as Fred Wilson notes, mocked and misunderstood.

My lesson from 2011 is the obvious products and ideas that are praised for their simplicity are stripped of their disruptive quality that only the unknown can offer. And when building a disruptive product or idea, the unknown is far more limitless than what is known.  

Going forward, this framework sounds like an excellent litmus test to make the most disruptive and challenging ideas come to life. There is something that should be uncomfortable about building the obvious to everyone idea because it truly indicates that the upside is nil.      

(via A VC: Mocked And Misunderstood)

Tags: Disruption Innovation Startups
Jan 3 2012

Total gems. All of them. 

In my opinion, with Jobs now gone, Bezos is the best CEO in the world. How he’s built the company into an e-commerce juggernaut over the last 15 years is utterly amazing — especially when you consider he was in his early 30s and an ex-quant from D.E. Shaw when he moved out to Seattle and started the company.

Couldn’t agree more. 

Tags: Startups Amazon
Nov 22 2011

Some elegant answers but this part nails it: 

1. People’s lives are improved by fun apps and games, in the same way they are by movies, music, food, and books. We don’t usually ask why people waste time in those fields. Kirsten Dunst is never asked why she makes movies instead of working on gene therapy. Nor do we suggest that we stop making movies because we already have plenty of those.

2. And, what starts out as trivial often ends up being the most impactful of all, asYishan Wong pointed out in one of the comments. Examples:

  • “Trade Pez dispensers online” -> a marketplace larger than many national economies (eBay)
  • “Tell your friends what you are doing” -> a global communications network (Twitter)
  • “Hook up at Harvard” -> a billion person network, disrupting governments (Facebook)
  • “Send money to your friends” -> disruptive payment network (Paypal)
Tags: Startups

And what it comes down to, from the mouth of Fred Wilson no less: 

“We have not been able to quantify it. We haven’t even tried. Although I am sure someone could do it and they might be very successful with it.

To us, the ideal founding team is one supremely talented product oriented founder and one, two, or three strong developers, and nothing else. The supremely talented product oriented founder should have been obsessed about a product area/idea for a long period of time and just has to build something to satisfy their passion/curiosity. That’s about it. Joshua Schachter/Delicious, Jack Dorsey/Twitter, Dennis Crowley/Foursquare are the iconic examples of this kind of person in our portfolio.”

Tags: Social Media Startups Baseball
Sep 26 2011

Fantastic talk. 

Tags: Startups
Aug 8 2011