My good buddy Adam making it happen:
Month: November 2017
Korea StartUp Festival 2017
I will be heading to this today and I am looking forward to meeting killer Korean startups, being cold and eating some Shack Shake – I may have to try one of their new location as well :: https://www.shakeshack.com/location/seoul-south-korea-cheongdam/
Amit Anand at WD Indonesia 17
Good to see the boss man speaking – I always learn a few more things every time I hear him.
Not missing the USA
I miss my family a ton. I miss old friends, camping, shake shack and long motorcycle rides along the Cali coast to nowhere. I really miss those things.
But what is going in America is scary. Trump, the FCC and the takeover of large unchecked tech giants is not a great future.
If you don’t already read Redef – you should start. Great daily curation of awesome web reads and the best part – the Rant from Jason Hirschhorn the Curator.
I love his work. I am hoping him and the Prof get together some time for a the Prof’s video series.
Candid TIA funding analysis
Good read if you haven’t seen it yet :: http://limdershing.blogspot.com/2015/06/analysis-on-techinasia-fundraising.html
Follow up from an earlier post but based on the latest funding round.
Good stuff to discuss – especially the founder’s equity levels.
Congrats to TIA on the round and wish Dershing would blog more.
TechCrunch, Google & SeedPlus Event Tickets
These will go fast so get in now :: https://techcrunch.com/2017/11/14/techcrunch-singapore-meetup-tickets/
New Relic Singapore event
Come see my good buddy Dwi and New Relic in Singapore :: https://newrelic.com/rsvp/singapore-exec-drinks-16-11-17
Dell Education Chromebook
Been wanting to get my son a laptop since I don’t think an iPad makes the best machine given the lack of keyboard and I wanted something cheaper for obvious reasons.
The school does a lot of stuff with Google so figured a Chromebook makes the most sense.
I use Wirecutter normally to hone in on things but unfortunately Wriecutter is totally made for the USA – something I am hoping they could get better at under NYT. Example would be showing links that work for the region you are in or highlighting stuff that ships globally.
Fortunately for the Dell Education Chromebook – Amazon will ship it to Singaore.
Use my link though – for obvious reasons. 😉
Dell Chromebook 13 3380 6TXJ4 13.3-Inch Traditional Laptop (Black)
Will let u know how it goes.
Google, TechCrunch and SeedPlus bring you the first TC meetup in Singapore
I told you something cool was coming :: https://techcrunch.com/2017/11/09/techcrunch-meetup-singapore-november-23/
More info soon on how to get in.
All the experts…
I was listening to a podcast the other day and basically heard Barry Ritholtz come to the conclusion during the interview with the Prof that Apple should buy Netflix.
What I find fascinating is how quickly armchair quarterbacks can make an off the cuff declaration that turns into a business meme.
Days after that podcast Barry writes this :: https://www.bloomberg.com/view/articles/2017-11-07/why-apple-should-buy-netflix
Of course people will read Bloomberg and quickly think this should happen but my take is that it shouldn’t happen and it won’t. For many reasons.
First reason is I don’t think Reed wants to be bought. People will counter that with everyone has a price but I generally think Reed has been bought before, has purposefully worked to build a big company he loves to run and has a vision for Netflix that doesn’t include an acquisition.
That point aside it would appear that folks like Barry and others who say Apple should buy Netflix don’t actually get OTT businesses at all. For a company to be successful in OTT they need three things – the ability to stream content, they need the content to stream and they need distribution or devices to consume the streams. Apple already has 2 out of the 3 and most companies have to pay for all 3. They have to build streaming, they have to buy content and they have to buy distribution – in other words they have to spend a shit ton of money on adverstising. This is why OTT businesses are a funding game these days. I always proffer the biggest winners here are Google, Facebook, OVPs and the content guys – not the OTT companies.
Since Apple has 2 out of the 3 then all Apple has to do is buy or make content. Those not in the know don’t realize that before Netflix was an aggregator of content and didn’t produce much of their own content but now Netflix is not only buying content but it is is making content. However making content is not magic and esentially means Netflix operates like any other studio which means it has all the issues like any other studio and with each passing day Netflix has to be a studio and be a aggregator which is not easy.
Plus it is very expensive.
Which means Apple can do exactly what they are now doing. Use their tech and their massive distrubtion – iTunes, iOS, MacOS, Apple TV and whateve else they are creating to highlight content that they will make much in the same way Netflix is doing. This means buying Netflix would be waste of capital. Apple could actually use their cash to outspend Netflix on similiarly great content – like what they have just announced here, http://variety.com/2017/tv/news/apple-jennifer-aniston-reese-witherspoon-morning-shows-amazing-stories-1202610068/
Keep in mind that almost all celebrities in the world use Apple phones. Which means that Apple has a direct relationship with the people that star in and produce content already. Not difficult at all for Apple to get exclusive content for their ecosystem.
John says much the same thing here :: https://daringfireball.net/linked/2017/11/08/apple-netflix-ritholtz
Also the latest Daily Update from Ben Thompson corrects his earlier mistake where he discusses that Apple should buy Netflix. https://stratechery.com