Magic

Writing this on my new MacBook Pro. So far so good. Nothing earth shattering but a solid upgrade to the line and I think I will be pretty happy with it. Time will tell. My new work habit may be to use a proper notebook in meetings and do my work on the laptop – save the iPad Pro for video and leisure stuff or travel.

What did I also get that are amazing? The AirPods. Wow. Like magic. Easy pairing – great sound. The bass is pretty damn good. Love all the simple stuff like auto pause, one ear listening and just the overall easy use of them is really amazing.

I have a feeling I won’t ever leave home without them. I wonder what phone calls will be like with them but I think the one ear usage will be common which means it would last all day given the amount you get per ear.

Killer. Back to my Hibiki.

Merry Christmas!

Finished Habits…

Finished up this book over the holidays :: https://seedvc.blog/2016/11/26/next-book-up/

Worth a read. Definitely gave me ideas for other ways to deal with children. Going to try and put those ideas into action for the new year for my 9 year old.

Fascinating insights on how memory is something separate from habits and how the brain deal with them both. I think it reaffirmed for me that habits are good and I need to try and create some better ones for life and work.

Been listening to a few podcasts lately and realizing more and more how much I love stoicism – haven’t found a great book on it yet. Started reading this but not loving the style of it :: Letters from a Stoic (Penguin Classics)

Starting Jan 1 going to give this one a whirl :: The Daily Stoic: 366 Meditations on Wisdom, Perseverance, and the Art of Living

I’ll let you know how things go.

Observations…

The year is coming to an end and again it all feels like it has moved so fast. I think the more I age the faster time flies. Obviously having children accelerates the pace even more since so many milestones appear and disappear before my eyes with each passing day. Regardless, I am thankful for everything. 

Some of you may or may not know that on Dec 5, I married my wife. Although we have been legally married for some time – we have never had a proper ceremony. The week previous we transformed her parent’s backyard, invited lots of people and had two ceremonies plus a kickass party. Was a great time and I appreciate all the support from those who made it possible. 

And to my wife, thanks and this is just the beginning.

Currently on a plane headed to Jeju. Planning to enjoy driving around the island and even catching some snow.

The last few days we have been in Seoul. Eating, shopping, eating and touring. I had not been to Seoul in many years and as always going for a holiday means I enjoyed the place a lot more than when going for work. That is typical of most places but was fun to hang out and watch the place in action. 

Stuff I noticed:

– Every car is either a Kia, Hyundai or Chevy. Saw lots of Chevy’s but no Fords for the most part. Quite opposite from say Thailand where you see lots of Fords but not so many Chevy’s.

– Everyone carries a Samsung or LG phone and if not carrying a phone from the home country they are using an iPhone most of the time.

– Everywhere you go people are on their phones. Lots of folks walk around from train to street watching videos.

– Korean culture is consumed more than anything else it seems. Most people watching Korean stuff and even the movie theatres were only showing Korean stuff. It’s clear that Korean music and movies is more popular and also also become a clear export.

– Kakao Talk reigns supreme for chat and voice and I guess even the basics for social. The rest of the usage is games, Instagram and I guess some facebook but I saw more Instagram usage over Facebook. Was hard to tell but looks like Talk wins for Whatsapp. But gaming is huge – all sorts of genders from young to old constantly playing games.

– Coffee shops and cafes everywhere and lots of chains. Stoked to see Taco Bell but haven’t had any yet. The Food courts at famous malls are quit international – surprising amount of Mexican places as well. Haven’t had pizza yet but Italian food everywhere too. Food is everywhere which is great and I love that there is still some street food. We ate quite a few meals by grazing on the streets. Great seagfood as well. We have been eating a lot. šŸ˜‰

– Like Japan English is not well spoken but feels slightly better than Japan for being able to ask people stuff. Fortunately the subway is easy to deal with and such a large system than one can pretty much get everywhere with the subway. Tack on the existence of easy airport buses and actual check in at the city center to make it super simple to get around and catch domestic flights. I find getting around super easy and we have hardly used a cab.

– Wifi is all over the place malls, cafes, some buses and generally great speeds with no connectivity issues. Could pretty much easily work remote here with little hassle. Guessing there is some amount of active co-work scene. There is even a spot in Jeju I will check out if I have the time.

All in all. Good times. Been unplugged quite a bit. I don’t miss social media much at all. I am sure America continues to drop into the Trump pit of hell but what can I do about it – so no point in trying to stay up on the news anyway. Ignorance is bliss.

Might have time to bang out a few more posts before the year end. At this point in time the blog, even with the new domain, has had a record year. I plant to try and keep writing more and explore my VC journey in blog form as much a possible.

Will Professor Galloway be right about Snap?

Check out this week’s Winners and Losers video :: https://www.l2inc.com/winners-losers-facebooks-roadkill/2016/blog

I myself I am not addicted to Snap but have played with it enough to see the potential. However I find it is not huge in Asia as compared to its dominance in America – which is why I think FB has a chance to keep chipping away at it given how huge FB is globally. I think the Spectacles are pretty cool and actually want a pair.

Mostly though I am writing this article to remind myself to check on on Prof to see if he is right. He is predicting that Snap will collapse in value in 2017. With Snap heading to an IPO – this is gonna be fun to watch.

However read this to see how people are trying to buy up Snap shares ahead of the IPO and you wonder if this is a frenzy or people lining up for the next FB stock story? :: https://www.theinformation.com/snapping-up-snap-ahead-of-ipo-proves-tough

Then there is this article :: http://fortune.com/2016/12/02/tech-snapchat-spectacles-ipo/ :

Snap’s second feat is its forthcoming IPO. In November the five-year-old company confidentially filed to go public, according to reports, defying conventional wisdom among highly valued startups. The latest generation of startup CEOs disdain the short-termism of quarterly earnings reports; they see going public as a necessary evil to be avoided as long as possible. But not Snap CEO Evan Spiegel. This year has seen the slowest IPO market since the 2008 financial crisis. Snap’s IPO will be the most talked-about debut since Alibaba went public in 2014.

I honestly don’t know how to predict what will happen. My guess is a massive IPO pop and they will use the stock to go on an acquisition spree to shore up all angles of their vision but I wonder if they can build the profits like FB can over time. I am doubtful.

Will be great to see the outcome and watch the Prof either celebrate or eat crow.

Congrats to my new home!

It is sometimes hard to fathom how much my career life has altered over the years. Restaurants, Banking IT, Legislative Data, Internet Sites, Middleware, Consumer Tech, Video Tech and now VC – apprentice VC at that.

For me joining Jungle, seedplus.com, was more an entrance to joining a firm in the making. Some people will refer to working at a fund but I tend to like the idea that I am working at a firm with many funds. It takes time to build a firm that will stand the test of time but you have to start somewhere. I am new to the journey at Jungle Ventures but super thankful to be here and super excited about the years to come.

Lots of articles today on the closing of Jungle II. At 100M this is 10x the size of Jungle I. Quite the story.

https://techcrunch.com/2016/11/30/jungle-ventures-100-million-fund-southeast-asia/

Stay tuned for more.

Told ya Netflix would add downloadĀ 

Welcome to the world of download :: http://www.theverge.com/2016/11/30/13792376/netflix-offline-downloads-now-available

Of course it is not the full catalog but don’t blame Netflix for that – lots of dumbass content companies don’t allow it.

My guess is this will be used a ton.

Looks like the competition is having an effect at this point :: http://www.cnbc.com/2016/11/02/netflix-offline-mode-could-be-on-the-way-but-not-for-us-users.html

Also another way to entice local and non VPN usage.

Talked about it here before – they will say no but they will eventually do it.

Boom.

http://www.techinsider.io/reed-hasting-comments-on-netflix-offline-viewing-2016-4

“We should keep an open mind on all this… as we expand around the world where we see an uneven set of networks, it’s something we should keep an open mind about.”

Messaging the direction

Read this great post on AVC today :: http://avc.com/2016/11/keep-it-simple/

It reminds me of some thoughts on product management – then I realized how I had written up this multi-parter but never got past part 1. oops. https://seedvc.blog/2014/08/20/how-i-try-to-product-manage-part-1/

Let me add my point – which is based on this comment from Fred:

The number one cause of employee unhappiness and unwanted departures is ā€œI don’t understand where we are going.ā€ That is a failure of leadership on the CEO’s part. I agree with John, keep it simple and repeat often and don’t mix up your messages. It is critical, particularly as the organization grows in size.

One of the hardest problems I faced with teams small or large was keeping everyone on the same page and making sure the product management process aligned with the business process. It would be easy to find work to do or to evolve a product or a feature or just let a dev work on something “cool”. Problem is though that all those things may not help solve a business goal. 

The issue is you need to convey to the product team where the company is going and how the product cadences will help the company meet the business goals. There is no perfect way to manage all of this but what started to work for me was having 6 month big picture meetings where business goals where stated and the product roadmap would be discussed as a group but with the clear idea that the product needed to support the business needs. Then we would try to break things down by quarter and by month. At a product level we might even get down to 2 week sprints. 

At the beginning of the 6 months, post the big pow wow meeting, everyone knew where we were going and everyone knew their role in the outcome. This helped with dealing with wayward devs or product creep but this also helped deal with the other side of the coin which is when the biz folks would change their mind midstream. I think it is important to hold both sides accountable – if you stick to the plan then normal schedules are okay but if the biz people want to alter the course, which is perfectly okay, then the biz people must accept that the product schedule will get pushed back. 

This way everyone knows the plan, everyone knows how to make it work and everyone is accountable for time changes if there are scope changes. It is not easy. No amount of tools make it easier but making sure everyone knows where the biz is going and how is an important step in how product management works.

Great post by Om on Empathy

I am digging seeing Om in long form in the New Yorker :: http://www.newyorker.com/business/currency/silicon-valley-has-an-empathy-vacuum

He makes some solid points but I don’t see the valley changing much given it’s such a bubble. Both the wealth and the protection from the real world but I do wonder how the Trump era is going to attack it and how the valley will rise to the challenge.

Empathy would be a great place to start.

I have talked about this some before :: https://seedvc.blog/2016/10/17/empathy/

Thoughts on schoolingĀ 

This is pretty interesting :: https://cdn.ampproject.org/c/s/brightside.me/wonder-curiosities/finland-will-become-the-first-country-in-the-world-to-get-rid-of-all-school-subjects-259910/amp/

Obviously a work in progress but it feels like the right way to try and tackle a new period of education.

I don’t know what the right answer is to how best to educate kids. Even with my own kids I struggle a bit since I would choose options other than Singapore public schools but the options are not much better and vastly more expensive.

I have done some private school, some home school, some public school but very little university – my views are all over the place but my most enjoyable school experience was 4-8th grade. One room classes with one teacher and an assistant who took us through all of our courses, read books to us and introduced me to computers. Small classes with teachers who cared and who had also had other careers in their past – they were not teachers from day one. 

This actually may have been the difference – since they brought in their previous experiences and shared bits about real life and career theories.

Looking back I am pretty sure those 4 years of school were my most formative. I one day aspire to teach some after I retire.