Archive for the ‘free market’ Category
Sant Jordi, Mariah Carey and YouTube
Wednesday, April 23rd, 2008Happy San Jordi’s Day! I’ve gotten neither a book nor a rose, which kind of sucks, but I’m trying to keep upbeat.
For those you outside of Catalunya, Sant Jordi (”Saint George’s Day” for English speakers) is a special day, similar to Valentine’s Day, but not quite as commercial. All around the streets of Catalunya, there are small vendors with small, folding tables selling roses and books for a few euros so that couples (or friends or even bosses) can express their love for and appreciation of one another. Women walk around town with roses, men show off their books and everyone enjoys the beautiful springtime weather.
Sant Jordi’s Day is the Day of the Book and the Rose in Catalunya, and celebrates a martyred Roman soldier who was decapitated when he refused to kill Christians. There are popular stories of San Jordi and a dragon. Through a random lottery, the king’s daughter was chosen to be given as a sacrifice to a dragon that was terrorizing the village of Montblanc, but San Jordi arrived just in time to kill the dragon and save the beautiful princess.
Giving roses in celebration of San Jordi has been done at least since the Rose Fair began in the 15th century. The book part came into effect around 1930. April 23 was chosen as the official day in Catalonia, because it was the day on which Cervantes and Shakespeare, among others, died. Quite logically, it’s also the accepted date on which San Jordi died in 303 AD.
Speaking of love, Mariah Carey is the queen of the love song, and I’m really loving her new hit, Touch My Body. It explains what happens after you’ve given your partner the rose or book for San Jordi’s day. Touch My Body was the number one song in the US for the last couple of weeks, only recently replaced by Leona Lewis’s Bleeding Love. In addition to the mellow beat and sweet vocals, I like the reference to a web 2.0 start-up. It gives me something to which I can aspire.
First, Mariah tells her lover how she feels about him:
I know that you’ve been waiting for it
I’m waiting too
In my imagination I’d be all up on you
I know you got that fever for me
102
And boy I know I feel the same
My temperature’s through the roof
But then being the paparazzi-stalked star that she is (when she’s not begging for media attention, that is), she warns her lover not to try to embarass her on the Internet:
If there’s a camera up in here
Then it’s gonna leave with me
When I do (I do)
If there’s a camera up in here
Then I’d best not catch this flick
On YouTube (YouTube)
That’s when you know that you’ve hit the bigtime. Not when you get paid $1.65 billion for your not even 2-year old start-up. Not when important bloggers and analysts note that you dominate your category more than Google dominates search. It’s when a superstar like Mariah Carey name-checks you in her number 1 song without even asking to get paid for it or having to explain who you are. That’s when you know you have become an important part of popular culture.
Do as I say, Not as I do
Monday, September 24th, 2007Sometimes it’s surprising that Americans can’t see how racist and provincial they seem to the rest of the world, even when they are Ivy-League university presidents or “leaders of the free world”.
I wasn’t really following with any great fervor the controversy surrounding the invitation to Mahmoud Ahmadinejad, the president of Iran, to speak at Columbia University. I was just kind of surfing the web, when I stumbled upon the lead article on the New York Times online.
But when I read about how the president of Columbia, Lee C. Bollinger, introduced the foreign dignitary to the audience by insulting him with patronizing, almost racist challenges, I couldn’t help but get annoyed.
Would North Korean or Chinese leaders have been subjected to the same sort of insulting treatment, or are they higher in the racial (and political) hierarchy of respectability, even though their support of human rights is also a bit suspect?
By way of disclaimer, I am no fan of Iran. From what I’ve read in the Western press, it’s not exactly a hotbed of human rights. And I find Ahmadineja’s assertion that there are no homosexuals in Iran slightly Nazi-esque in its genocidal implications. Plus to be 100% frank, the hatred that many parts of the Arab world show towards the US scares me. I am, after all, American and the religious fanatics don’t seem to discriminate in their hatred of and/or desire to attack and kill Americans.
September 11th was a defining moment for me.
But I still don’t think that the way to convince someone from another culture that his point of view might be misguided is to insult and patronize him publicly. All you do is make him hate you more.
Why should he accept your argument that you and your culture are morally and evolutionarily superior when he has his own proud history and social norms?
Why should he trust you when the basis of your argument is “Do as I say, not as I do”?
As Ahmadinejad asked quite pointedly: “If you [the United States] have created the fifth generation of atomic bombs and are testing them already, who are you to question other people who just want nuclear power?”
This is the heart of the matter. What is the moral or cultural basis that separates the US’s right to produce weapons of mass destruction from the claims of other nations? That they’re Arab and can’t be trusted?
Again, after September 11th, I completely understand the rationale behind that argument, but I admit that it’s not a morally upright or intellectually convincing point of view. It’s a purely emotional reaction with racist implications.
It’s pure survival of the fittest.
Ahmadinejad is the president of a proud nation, one that’s profoundly influential — for good or for bad — in the modern political world. Bollinger is the president of a prestigious national university. That’s a great job, but not quite as influential or powerful.
So why does Bollinger think that he’s superior to Ahmadinejad? Just because he’s an American WASP (White Anglo-Saxon Protestant)?
A few gems from Bollinger’s introduction:
- “Mr. President, you exhibit all the signs of a petty and cruel dictator. You are either brazenly provocative or astonishingly uneducated.” (Nice technique. Call someone “petty”and “cruel”, and then hint that he’s “astonishingly uneducated”, but buffer the insult by starting with “Mr. President”.)
- He noted that it was “well documented” that Iran was a state sponsor of terrorism. Wasn’t it also well-documented that Iraq had weapons of mass destruction? Isn’t that why we went to war with them?
- After 10 minutes of insult in which he suggested that Iran did not belong to the “civilized world”, Bollinger concluded that “I doubt that you will have the intellectual courage to answer these questions.”
If Bollinger felt this way, why did he invite someone he regards as an “intellectual coward” to speak? Maybe he just wanted to get free press and benefit from Ahmadinejad’s celebrity/infamy?
Isn’t he the intellectually disingenuous one?
Ahmadinejad is no idiot. As he astutely observed at the beginning of his speech: “In Iran, tradition requires when you invite a person to be a speaker, we actually respect our students enough to allow them to make their own judgment, and don’t think it’s necessary before the speech is even given to come in with a series of complaints to provide vaccination to the students and faculty.”
On that point, I think that the “petty dictator” is correct. And it’s not just an Iranian tradition. I think it’s pretty universal that you should treat your guests with respect.
All of this hypocrisy in the context of a country where, as Paul Krugman notes in his New York Times column, “race remains one of the defining factors in modern American politics”. The context to his commentary is the case of the Jena 6, a group of black students who beat up a white classmate (admittedly, not a nice thing to do) and were charged with second-degree murder.
The punishment doesn’t seem to fit the crime, which has made the trial a cause celebre. It is indicative of a culture in which the white majority has often used its political and economic superiority to control and oppress racial minorities.
In this environment, some white students warned black students not to sit under “whites only” trees by hanging nooses, a reference to the not-so-distant past when blacks were lynched (killed and hung from trees) as a means of social control.
And the party of our President has historically used the promise of continued racial superiority in order to win the white Southern vote. A few examples:
- President Bush, the idealist who goes to war to protect the freedoms of other countries’ citizens, exploited the symbolism of Bob Jones University in 2000 as part of his electoral strategy. Bob Jones’ claim to fame is that it banned interracial dating and punished students who dared to date people of other races.
- All four leading Republican candidates for the 2008 nomination have rejected invitations to debate minority issues on public television, and they have declined to address Latino voters directly. Given how a lot of poor whites are defensive about immigration rights — and given that poor, Southern whites were the only group to support the Republicans in the recent Congressional elections — the candidates don’t want to appear to support Blacks, Latinos and Asians. Their loyal, religious, white and often racist Southern voter base might get offended.
In short, intolerance, religious fanaticism and racism are not unique to “uncivilized” parts of the world.
Violence and aggression are not only initiated by (Arab) state sponsors of terror.
I’m happy to be American. But every now and then, I can’t help but be a little embarrassed and disappointed.
Beyond Google — The article that inspired migoa
Wednesday, August 29th, 2007Since I haven’t posted in a bit (I was away in Nice for a few days of vacation), I’m feeling a bit apologetic and maybe also a bit nostalgic. So I’ve decided to “honour” the Wall Street Journal article that initially inspired us to start migoa. It was back in late 2005 when Oriol and I were looking to start a business together and were scanning the US newspapers for interesting ideas. We came across this article, and the rest is history. It seems a bit outdated now — we’ve learned so much since reading this article about search, vertical search, advertising models, Internet businesses, etc. — but the article’s key insights remain the same: One size doesn’t fit all.
I hope the Wall Street Journal won’t mind this brief “honour”. It’s done with nothing but love (and Rupert Murdoch is apparently going the online Journal more accessible, so I’ll help give them a jumpstart).
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December 19, 2005 |
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DOW JONES REPRINTS
• See a sample reprint in PDF format.
Consumer Technology
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Good guys finish last (unless they have an NDA with a non-compete clause)
Sunday, August 12th, 2007- In 2002, Cameron and Tyler Winklevoss, twin brothers at Harvard, wanted to start a social networking site called HarvardConnection.
- In November 2003, they “hired” Mark Zuckerberg, a computer science student at Harvard, to develop the software and database for their site. They never paid him anything but told him that they’d compensate him if the project ever became successful.
- In January 2004, Zuckerberg registered the name “thefacebook.com” (Zuckerberg didn’t invent the name. The “facebook” is what students at Ivy League schools call their student directories.)
- In February 2004, Zuckerberg abandoned the Winklevoss brothers’ project. By the end of the month, he had registered half of Harvard’s student population for his project, and by April his success had spread to other Ivy League schools.
- ConnectU (the Winklevoss brothers’ project) eventually launched in May 2004. They claim that Zuckerberg purposely delayed delivering their technology so that he’d gain a competitive advantage over them.
- Today, Facebook has 30 million users, lots of buzz and is worth upwards of $900.000.000 (the price that Yahoo was willing to pay last year); ConnectU has 70.000 users and the only buzz that it’s generated is largely because of its lawsuit against Facebook.
“The general rule is that ideas are free unless strapped down by contract or patent.”
In other words, the free market — and not the courts — tend to determine who owns a great idea, unless there is a very clear intellectual property protection (like a patent) in place.
No one disputes that Zuckerberg got the idea from the Winklevoss brothers. Morally speaking, he should probably give them something. Without them, Facebook never would have happened, and he’d probably be working as a junior programmer at Google. But he wouldn’t be on the verge of becoming mind-numbling rich before he turns 25. Why can’t he just give them a few million dollars? It seems wrong to say that the Winklevoss brothers are entitled to nothing.
That’s just tacky.
And it certainly makes me reflect a little bit more on the moral implications of “Greed is Good” argument.
But the US legal system is clear: without a binding contract between the Winklevoss brothers and Zuckerberg, the brothers don’t have a case. As the judge hearing the case advised the brothers before giving them 2 weeks to come back with a stronger argument, “Dorm-room chitchat does not make a contract.”
Say what you will about Zuckerberg. He might not be the most morally upright person. But he knew how to spot a great idea and run with it, regardless of who he had to stab in the back to achieve his goals. His cut-throat actions remind me of the best and the worst of the US business culture.
The Winklevoss brothers’ problem is that they were too trusting with what turned out to be literally a billion-dollar idea. If they had gotten Zuckerberg to sign a non-disclosure with a non-compete clause, the case would be entirely different. But telling someone your trade secret — and forgetting to get them to sign a non-disclosure agreement — means that your trade secret is no longer legally protected.
Likewise, if the Winklevoss brothers had paid Zuckerberg for his work — if he had been their employee — they would have some claim to it. But given the lack of compensation and/or employee status, Zuckerberg’s work all belongs to him.
Bottom line: If you have a good idea, don’t trust anyone. People are funny when it comes to money. Try to put everything in writing. Get all of your service providers to sign NDAs with non-compete clauses, or you might find that today’s collaborator is tomorrow’s competitor.
I know that most start-ups think that lawyers are a waste of money, and money is often tight, but as the old saying goes, an ounce of prevention is worth a pound of cure. In other words, it’s better to pay a lawyer a few dollars today, than end up like the Winklevoss brothers, watching a former collaborator make billions of dollars off of your idea.




