Updated :: Upfront State of the VC & Tech Industry 2017

This is really good. I need to dissect it more and think about Asia in regards to some of the thoughts. Funny – Singapore is in the deck a few times but maybe not for what you think.

I wrote about the conference scene we are missing a little here so it is cool to have a nice deck to digest.

A good primer to the deck is this small digest from Mark Suster :: https://www.cooleygo.com/quarterly-vc-update-mark-suster-state-venture-capital-investing/

APAC banking app security report

Check it out :: https://letstalkpayments.com/launch-of-the-latest-security-report-on-bank-apps-in-apac-at-singapore-fintech-festival/

Highlights:

The report reveals that 85% of mobile banks were vulnerable to high, medium and low security loopholes and over 50% of apps were found to have at least four to six bugs in them.

Here are the key threats to the mobile banking applications that were studied:

  • 13% of the mobile banking applications had broken trust for SSL
  • 15% of the mobile banking applications had Remote Code Execution through the Javascript interface
  • 10% of the mobile banking applications had insufficient Transport Layer Protection
  • 12% of the mobile banking applications had derived crypto keys
  • 26% had other threats that could harm the security of their mobile banking applications

For more info – you can grab the report here :: https://medici.letstalkpayments.com/research-categories/security-report-of-top-100-mobile-banking-apps-apac

https://www.appknox.com/ and https://devknox.io/

Happy mobile banking day!

My day with Ratan Tata

I’ll start with this write up from TIA.

A day with Ratan Tata//embedr.flickr.com/assets/client-code.js

Yesterday, Jungle Ventures, hosted a morning with Ratan Tata and the founders of their portfolio companies – then later in the day an event with their LP’s.

I was allowed to tag along and spend some time hanging with the crew.

This is the second time in my life I have met him but this time I was offered a whole day and a chance to speak with him directly for a bit while we had lunch.

First off, I am just stunned by how humble he was and extremely gracious with his time and thoughts.

The article highlighted his frequent response of “I don’t know”, but it was usually his response to an unclear or unconcise question. Or a question he just didn’t have an answer to.

That being said he always had advice or thoughts but just did not always give a specific answer. He was more into the theory or lesson to be learned in discovering your own answer and any advice he could offer to enhance your discovery.

I could go on and on with what I learned and the stories around Nano, Land Rover, Jaguar, and just running a huge org were priceless.

I was further stunned to catch him in the lobby, alone, carrying his hotel reciept after checking himself out. 

Just a man of the people. Which is sometimes hard to grasp given his stature.

It further cements his advice about ethics, empathy and solving real problems of the world.

I am still in awe.

My Apple Recap

I usually write for myself and in the process some others actually read my stuff. This post fits that mantra – after watching the keynote and digesting some other accounts of it I have some opinions of it all. Take it or leave it.

The live stream sucked ass in a big way. It is just embarrassing that a company of Apple’s size with all the money in the world cannot get this right. Hell – pay for two separate infrastructures and just switch over when one doesn’t work right. The whole thing felt like amateur hour and Apple is not a bunch of amateurs. There is really no excuse for not being able to pull of an event of this scale unless the numbers were just too big but I think this was more a case of errors than too many viewers.

First there was this takedown of it :: http://blog.streamingmedia.com/2014/09/why-apples-livestream-failed.html

Some folks are saying this is not an accurate analysis but I think there are some valid points in it. If they did use S3 and Akamai together – that was a huge mistake. It just doesn’t work well together. Akamai is maybe the king of CDN’s but it is the old school internet and is funky to work with.

Other folks are pointing to this article which is good and I even left a comment there but I don’t think it gets to the bottom of what happened. Apple is the inventor of HLS – they should have it nailed by now. Someone just majorly fucked up is my take on it. We may never know.

Either way it ruined being able to watch it in unison with others and as live as possible. Someday I may be able to make it to a real event but for now I am stuck with the live stream. Apple could do a better job of it for all of us staying up late wanting to watch it.

The phones. Nothing dramatic really but we have come to expect it now. I am on the fence as to which phone to get. Sometimes I want the big one but then I think it might be too big to carry around. I do a lot with my phone and with the big one I envision only needing a phone and a laptop and won’t use an iPad anymore. Then again I think I want the smaller one and a new iPad Air. Thus using laptop less. I don’t know yet. I honestly think I want to play with them both but at the same time I am curious about new laptops. I know I need more than one device but now I use three. So the idea for me is I want to get to 2 devices and I don’t know which two yet. I may have to wait for laptops and iPads to hit first.

I think iOS 8 is huge but we shall see when it hits and when the new dev stuff kicks into gear.

Before I get to the watch I just want to say the whole U2 thing was dumb. It came of as cheesy, it didn’t pack the punch Apple expected and I think they should be pushing Beats – not shitty iTunes. Anyway. Who cares but it ruined the close of the event for me.

The watch. I am in no hurry to get one but if it can track my biking and walking well, plus manage notifications easily and look cool – for me it replaces any sort of need for a fitness band. I am still confused what it does when not tethered to a phone since for example – I don’t want to carry my phone when I go running just to track fitness. I had a nike fuelband and digged it but was not married to it. I still don’t feel like I need one but this might be just the right combo. However if I am charging it every night, like the Pebble, I am not in a rush for it.

That being said – to me this is all about wearable computing. We all know it will happen in some form or another. Apple thinks it might be the watch. I tend to agree but is it this version of it? Come on. It’s a 1.0. I didn’t use an iPhone until number 4. I know this has a ways to go but wearable computing is inevitable. This is just their vision of it. It looks pretty amazing but like the new phones – I want to play with one first.

This is what sucks about Singapore for me – where is a real Apple store. Tired of this retailer shit.

okay. back to real work.