Random Post

Saturday, November 30, 2013
no image

Last we heard from the founders of Bonaverde, they had just launched a Kickstarter campaign to raise $135,000 to produce a coffee maker that turns green, unroasted beans into a cup of coffee in under 14 minutes.


At this point the startup has raised $465,475 with eight days to go, so we caught up with founders Hans Stier and Felix Artmann when they were in New York to check out a prototype of the machine. You may be wondering if this was just an elaborate ploy to get a free cup of coffee. The answer is yes.


As far as user experiences go, the Bonaverde is about as easy to manage as the Keurig you bought for your dad on Black Friday - although presumably less so on the cleanup. A couple spoonfuls of green coffee beans go in the hatch on top, you hit “On,” and the machine does its thing: roasting, cooling, grinding, and brewing the beans.


Unroasted beans stay fresh for months - much longer than the pre-roasted beans you might otherwise buy - so flavor is one of the claims on which Bonaverde is staking its business. Turns out their machine brews really solid coffee that's neither stale-tasting nor bitter. Some critics have pointed out that roasted beans should be allowed more time to air before they are ground, and while that may be optimal, Bonaverde's coffee was still really good.


When it launches Bonaverde will also serve as the online marketplace for the raw beans, meaning coffee farmers can connect directly with their end consumers. Down the line, the site will feature all of the producers that shoppers can buy from.


Note that coffee maker in the video is just a prototype of the one that will go to market, which has a much prettier exterior.







2:38 PM

Last we heard from the founders of Bonaverde , they had just launched a Kickstarter campaign to raise $135,000 to produce a coffee maker t...

Read more »
no image

Paul Bragiel, the batshit crazy awesome VC who has been training for months in the Arctic Circle to compete in the Sochi Winter Olympics, has a side charity project up his sleeve.


After seeing dozens of other younger Olympic contenders struggle to raise funds for training, he felt he needed to do something to help out. Some friends over at Belarusian and Lithuanian gaming studio On5 offered their talents pro bono to develop a game called Team Paul Skiing.


It's a beautiful, little side-scroller that takes a player through Bragiel's training as he skis in Finland (where he's done the bulk of his preparation). Then it shifts to Colombia, the country that gave Bragiel citizenship to compete on behalf of their Olympic team, and finally it ends in Sochi, Russia, where the Olympics will be held next year.


They set a low goal of raising $10,000 in the next seven days, and half of the proceeds will go toward different youth sports foundations in Finland and Colombia while the other half will go toward game development. But they hope to raise somewhere between $25,000 and $30,000.


Bragiel, who started i/o Ventures out of San Francisco, decided earlier this year to realize his lifelong dream of competing in the Olympics.


But there were many hurdles. For one, he didn't have a sport. Then, he was also pretty old for an Olympic hopeful at 36 years of age.


But he's hacked his way so far. After considering everything from curling to the luge, he settled on classical cross country skiing, which is a more traditional Winter Olympic sport that has more lenient rules around qualifications.


Then he secured citizenship in a warm, tropical country that is less competitive for winter sports - Colombia.


Now he's in the middle of qualifying races. To make it to the Olympics, he must be able to finish five qualifying races where he's not more than 10 minutes behind world's top cross-country skiier - no hard feat. He's competed in his first qualifying race already, which was a miss. But he's definitely not deterred. There are plenty more to come.







1:23 PM

Paul Bragiel, the batshit crazy awesome VC who has been training for months in the Arctic Circle to compete in the Sochi Winter Olympics, ...

Read more »
no image

The Internet wasn't kind to media. Huge media corporations have managed to transform their businesses, for the most part, but independent media, often playing a vital role in emerging countries, are seriously threatened by the lack of available funds.


IndieVoic.es hopes to change that. Founded by Sasa Vucinic, V Media Ventures CEO and a former Editor-in-Chief of B92 (Serbian media corporation which played important role in the overthrow of Milosevic), the project is essentially a crowdsourcing platform focused on providing necessary funding to independent media in developing countries.


Just like Kickstarter or Indiegogo, IndieVoic.es uses a familiar concept. Media owners can create campaigns and specify the amount of money they need to run their venture. Contributors from all over the world can fund their campaigns in return for valuable prizes (ranging from a postcard to a dinner with former Prime Minister of Thailand).


However, crowdfunding isn't the only way IndieVoic.es aims to help independent media raise money. By announcing no-interest loans and mini-loans for 2014, the platform will enable its users to choose the best funding option for their media. Think of it as a mix between Kickstarter and Kiva.


"Our goal is not just to fund independent media. We want to engage the audience and democratize the ownership of media. It is the only thing that hasn't changed about this industry in the past 20 years" stated Vucinic in an interview for Netokracija.


And he should know a thing or two about financing media. Vucinic co-founded Media Development Investment Fund which he ran for over fifteen years. During that time, MDIF has raised 123 million dollars and funded more than 220 independent media projects all over the world.


Much like MDIF, IndieVoic.es supports different media outlets ranging from investigative journalism reports and local radio stations, up to specialized blogs covering various topics of interest. Although anybody can submit a project, only those which are curated and checked will actually be eligible for a campaign. We are ensured that this is necessary to maintain a certain standard of funded media.


Despite all this, IndieVoic.es is not your ordinary crowdfunding platform. Unlike Kickstarter or Indiegogo, this service is not looking to cash-in on their revenue any time soon as it is specifically trying to operate as a non-profit.


"Our goal is to break-even beginning 2016. If our revenue is higher than expected, we will definitely lower our initial cost per campaign", Vucinic added.


Although media isn't every investor's cup of tea, “there are those who might find interesting opportunities in specialized media covering a range of interesting subjects”, stated Vucinic. Is IndieVoic.es leading the revolution independent media owners have been waiting for? It sure seems like it.







1:23 PM

The Internet wasn't kind to media. Huge media corporations have managed to transform their businesses, for the most part, but independen...

Read more »
no image

10:09 AM

The Gillmor Gang - Robert Scoble, Keith Teare, Kevin Marks, and Steve Gillmor - work off that stuffed feeling with a show devoted to the in...

Read more »
no image
iBuyPower reportedly is working on prototypes of a commercial Steam machine. Valve recently announced that it was working with multiple OEMs to bring Steam gaming machines to market in 2014. All will run its Linux-based SteamOS. The iBuyPower device is the first Steam machine prototype unveiled by a third party so far. Steam Machines will "collectively pose the most significant threat to the hegemony of Microsoft, Nintendo and Sony in the living room that has been mounted to date," said IDC analyst Lewis Ward.


5:08 AM

iBuyPower reportedly is working on prototypes of a commercial Steam machine. Valve recently announced that it was working with multiple OE...

Read more »
Friday, November 29, 2013
no image

You can't teach an old phone new tricks.


Hah! Just kidding. Of course you can. This isn't 1998.


Agent is an app that aims to make your Android smartphone just a little bit smarter, using all of your phone's sensors to detect what you're up to and tweak your settings automatically. Driving? It'll automatically respond to texts to let people know you're busy, and remember where you parked your car. Sleeping? It'll only let the most important calls through.


Agent is a spin-off, of sorts, of another Egomotion product called "Trigger" (or, as it was once known, "NFC Task Launcher"). With Trigger, Egomotion sells packs of programmable NFC tags which can fire off actions on your phone. Want your phone to silence itself and set an alarm when you go to bed? You'd stick one of their NFC tags on your nightstand, then set up a series of tasks to fire whenever that tag is detected. Want it to automatically launch your favorite music app when you get in the car? Tuck one of the tags into your cup holder.


agents


In time, however, the team realized that many of the most popular use cases didn't really require NFC. Instead of an NFC tag on your nightstand, why not just auto-silence the phone during certain hours? Instead of hiding a tag in a cupholder, why not just detect when the user is connected to their car's Bluetooth? Thus, Agent was born.


Agent takes the core concept of Trigger and boils it down to its essence. Gone is any mention of NFC tags, instead relying on the handset's built-in capabilities - things like its accelerometer, clock, or WiFi/Bluetooth. Gone is the relatively complicated task setup process, with Egomotion instead providing a small set of pre-built actions that they call "Agents".


At the moment, the app's got five different built-in agents:



  • Battery Agent: When your battery starts to fade, the battery agent kicks in to irk a bit more life out of your phone. You can tell it to automatically dim your screen, turn off automatic data syncing, or turn off Bluetooth. Once you're plugged in, it'll automatically flip everything back on.

  • Sleep Agent: Automatically silences your phone between specified hours, but with a clever white-listing system. You can specify which contacts are allowed to wake you, and allow for repeat (and thus likely urgent) calls to ring through. It can auto-reply to texts, telling the user to reply "urgent" if it's an emergency (at which point, your phone will ring loudly to wake you up). You can tell this agent to only start if your handset is plugged in. That way, it probably won't silence your phone during a night out at the club.

  • Parking Agent: Attempts to automatically remember where you've parked your car. By default, it works by detecting your speed; once you've stopped moving over a certain speed for more than a few minutes, it figures that you've parked your car and marks the location accordingly. Of course, doing things like riding the BART might fire off a false positive, so you can tell the Agent to base its logic off Bluetooth connectivity if it's an option in your car.

  • Meeting Agent: Silences your phone during meetings. Uses your Google Calendar to determine your meeting schedule.

  • Drive Agent: Uses bluetooth to detect when you're in your car. Can automatically silence your phone, read your texts aloud, and respond to incoming texts to let them know you're driving.


The company says that they've got more agents in the works, potentially offering add-on agent "suites" tailored to certain use cases - one set that'd be good for school, one set that'd be good for work, etc. That way they can keep adding more functionality without complicating the core application.


If you're a battle-tested Android expert, Agent's tricks might not raise an eyebrow. "Pft, I've got Tasker!" you say. "And I rooted my imported HTC J One and flashed it with a custom rom that does all this ages ago."


For the less intense folks (read: most people) out there, though, Agent should hit a sweet spot. It's simple, it does exactly what it promises to do, and the setup is very straightforward and well thought out.


My one hesitation: while I normally hate when people say "But what if company X just decides to do this", it's a pretty valid concern here. With all of the data that Google gobbles up and pipes into Google Now, it's almost certain that they're tinkering away with similar concepts right this second.


battery


Actually, it's not almost certain. It is certain. Google-owned Motorola has already released an app that they call Assist, which aims to do much of the same stuff that Agent does. As Egomotion co-founder Kulveer Taggar pointed out to me, Assist only works with a handful of Motorola phones, whereas Agent works on many, many Android phones. But Moto's handsets tend to be a test bed for Google (See: the always-listening "Okay Google" voice command debuting on the Moto X months before being integrated into Android 4.4). If the concept proves popular, how long will it be before Google starts tying such functionality right into the core of Android itself?


In the mean time, though, it seems like Egomotion is on to something: according to the company's stats, 95% of agents that get turned on, stay on.


The app, normally $1.99, is on sale for $0.99 for the Thanksgiving weekend.







2:53 PM

You can't teach an old phone new tricks. Hah! Just kidding. Of course you can. This isn't 1998. Agent is an app that aims to make yo...

Read more »
no image

Israeli company IronSource has come up with a new way for developers to ask their users for money or other forms of support.


Chief Design Officer Dan Greenberg told me that the product, called the KudosKit, evolved from an experiment conducted with the iOS app good weather, which was initially developed by Fried Cookie and distributed by IronSource (IronSource has since acquired Fried Cookie).


Greenberg added that developers are “all struggling to earn money for the work that we're doing,” because for many, existing monetization systems such as in-app purchases have proven to be “very, very hard for them to crack.”


With a KudosKit, instead of requiring users to pay for the app, or for additional content/virtual goods within the app, developers can present them with a screen asking for their support. That can ask users to “buy us a cup of coffee” (make a small donation), Like the app on Facebook, tweet about the app, rate it in the App Store, and more.


In some ways, it's similar to the “tip jar” widgets that you'll see on some websites, but customized for mobile. And with the underlying analytics technology, Greenberg said his team is “100 percent focused on making this work.” Specifically, he said the KudosKits can identify the most effective points in the app to ask for support, direct requests at specific user segments (so loyal users see the message while first-time users don't), and localize the messages in different geographies.


Greenberg said that although the company is only announcing the technology broadly now, six months of early usage are promising, with 700,000 users donating a total of $1.2 million. The KudosKits have supposedly seen an 0.58 percent conversion rate to paid “appreciations”, with an average appreciation size of $2.10.


By the way, IronSource is adopting a similar approach in how it makes money from the KudosKits itself - it's a revenue sharing arrangement, but developers can determine what percentage of the proceeds they give to the company. In Greenberg's words, “We're actually giving the developer the opportunity to decide how much they appreciate our service.”


KudosKits are available for both iOS and Android apps. Interested developers can sign up here.







1:08 PM

Israeli company IronSource has come up with a new way for developers to ask their users for money or other forms of support. Chief Design O...

Read more »
no image

Happy Thanksgiving, dear readers. What are you thankful for?


My list is short, but sweet: I'm thankful for you guys, gaming consoles, and 3d scanners.


This week, on a very grateful episode of the TechCrunch Gadgets podcast, we look into the differences between the PS4 and the Xbox One, the latest generations of console gaming. Meanwhile, John's excited about the new Sense scanner from 3D Systems, even though he can't stop calling it “Scene”.


For our phone fans out there, we're also chatting about the Moto G smartphone.


We discuss all this and more on this week's episode of the TC Gadgets Podcast, featuring John Biggs, Matt Burns, and Darrell Etherington, and Chris Velazco.


Enjoy!


We invite you to enjoy our weekly podcasts every Friday at 3 p.m. Eastern and noon Pacific. And feel free to check out the TechCrunch Gadgets Flipboard magazine right here.


Click here to download an MP3 of this show.

You can subscribe to the show via RSS.

Subscribe in iTunes


Intro Music by Rick Barr.







12:09 PM

Happy Thanksgiving, dear readers. What are you thankful for? My list is short, but sweet: I'm thankful for you guys, gaming consoles, an...

Read more »
no image
Researchers at ETH Zurich have teleported information from one end of a superconducting circuit to another -- a distance of 6mm. The experiment has two unusual features: 1) It is the first time quantum teleportation was conducted over a circuit without the use of a powerful laser beam; and 2) the information was relayed making use of the laws of quantum physics rather than classical physics. This achievement is "extraordinarily impressive," remarked Carl Williams of the U.S. National Institute of Standards and Technology.


10:54 AM

Researchers at ETH Zurich have teleported information from one end of a superconducting circuit to another -- a distance of 6mm. The exper...

Read more »
no image

After a strong Thanksgiving holiday push in e-commerce spending, Black Friday online sales are already up more than 7 percent in 2013 over the same period last year.


The data, from IBM's Benchmark real-time reporting unit, covers 800 online retailers and millions of transactions. As of noon ET today, the average order value was $142.33 That compares to the average order value of $127.59 from yesterday.


Mobile shopping continues to grow, as mobile traffic accounted for 37 percent of all online traffic, up 36 percent compared to the same period last year. Mobile sales remained strong, reaching 21.5 percent of all online sales. Smartphones drove 24.4 percent of all online traffic compared to tablets at 12 percent, When it comes to making the sale, tablets drove 13.2 percent of all online sales, more than one and a half times that of smartphones, which accounted for 8.2 percent. Tablet users also averaged $137.96 per order, versus smartphone users, who averaged $119.21 per order today.


By smartphone OS, iOS was almost four and a half times higher than Android, driving 17.5 percent vs. 4 percent for Android. On average, iOS users spent $131.52 per order compared to $113.13 for Android users. iOS also led as a component of overall traffic with 25.8 percent vs. 11 percent for Android.


In terms of social, shoppers referred from Facebook averaged $93.73 per order, versus Pinterest referrals, which drove $103.30 per order. However, Facebook referrals converted sales at a rate more than twice that of Pinterest referrals.


A 7 percent increase in sales is a modest jump, considering that U.S. e-commerce spending last year on Black Friday was $1.042 billion, an increase of 26 percent from 2012. Black Friday online sales actually surpassed $1 billion for the first time last year. But comScore is forecasting double-digit growth in both desktop e-commerce and m-commerce spending for the holiday season. It's still early in the day, however, and the West Coast is just waking up. We'll update this post with numbers through the day.


Photo credit/Flickr/myeralan







10:09 AM

After a strong Thanksgiving holiday push in e-commerce spending, Black Friday online sales are already up more than 7 percent in 2013 over ...

Read more »
no image

Just in time for Black Friday, Bond is bringing its gifting platform to the web after spending a couple months as a native mobile app.


Bond, created by Sonny Caberwal, takes all the heavy lifting out of gift giving, with a large focus on the enterprise and professional gifts.


So let's say you just finished up a big interview at your dream job, or you just left the office of a brand new client after making a huge sale. That's the perfect moment to open up Bond and choose a gift in a certain price bracket, easily obtain the recipients address, and even formulate a hand-written note.


Oh, did I mention? Bond has a robot that writes hand-written notes. And according to Caberwal, the Robot is being refined to learn new versions of handwriting, so that one could eventually send a hand-written note to a friend or colleague in their own handwriting.


But why?


Well, after a few months on the market, Bond has realized that big corporate clients are going to be the future for Bond.


Caberwal eventually sees Bond becoming a platform that large corporations can customize to their own gifting needs. As a first step, the team is bringing Bond to the web.







9:09 AM

Just in time for Black Friday, Bond is bringing its gifting platform to the web after spending a couple months as a native mobile app. Bon...

Read more »
no image

For many years, Black Friday - the day after Thanksgiving - marked the start of the holiday shopping rush. But with many (not all) physical stores closed on that day, a window of opportunity has emerged for e-commerce sites to push out offers and start selling on Thanksgiving itself. That has proven to be big business: online sales in the U.S. this Thanksgiving were up nearly 20% (19.7%) on 2012, with an especially strong push from mobile devices, which accounted for over one-quarter (25.8%) of all sales on the day and nearly half of all e-commerce traffic.


The data, from IBM's Benchmark real-time reporting unit, covers some 800 online retailers and millions of transactions. (We provided a progress of how the day developed yesterday, and today IBM is releasing the final, summary figures.)


IBM doesn't provide sales in gross dollar amounts - just in terms of growth over last year and average basket size. Its sales growth on T Forrester Research, however, predicts that overall sales this holiday season will reach $78.7 billion, up 15% over 2012, when sales were $68.4 billion, with 167 million shoppers holiday shopping online and spending an average of $472.


Although sales started out slowly yesterday, IBM says that they “skyrocketed” around 8pm Eastern time - coinciding with some brick-and-mortar stores opening for business. But as overall sales grew, the average value of orders declined, settling at $127.59, some $5 less than last year. Both the declining orders, and the jump in traffic, make some sense: they are both based on competition for consumers, and therefore lower prices for everyone.


Along with that, even those who operate brick and mortar stores are seeing logic in pushing deals online. IBM says that department stores' online sales grew 60% this year over 2012, with mobile up 44%.


Some other noteworthy data from IBM's report:


– Mobile is nearing half of all e-commerce traffic on Thanksgiving. In all it accounted for 42.6% of all traffic, and nearly 26% of all sales - up 49% on 2012. As IBM noted yesterday, tablets see the most actual purchases - 16.5% of all online sales - while smartphones accounted for 9%. Those buying on tablets, with an average of $126.49 per order, are nearly on par with average basket size overall. (Smartphones are at $110 per order, fairly impressive considering that you are browsing on a small screen.) iOS ended up accounting for over one-fifth (21%) of all sales, and $121.61 per order. Android accounted for only 4.6% of sales - a testament to why Apple and iOS will have staying power for a while with big brands and retailers, and consumers, regardless of how their bigger market share looks globally.


– Yesterday Facebook and Pinterest emerged as the two frontrunners in terms of social networks leading online sales referrals In the end, Facebook won out, averaging $105.97 per order, versus Pinterest at $103.05 per order.


– New York was the biggest online sales market on Thanksgiving. Atlanta, Chicago, Los Angeles and Washington, D.C. followed.







7:38 AM

For many years, Black Friday - the day after Thanksgiving - marked the start of the holiday shopping rush. But with many ( not all ) physica...

Read more »
no image

Walmart is already crowing about Black Friday and we're only a couple of hours into the actual day itself. That's because depressingly, Black Friday has somehow subsumed Thanksgiving Thursday and become the Day That Spans Many Days. Oh well; at least they sold a huge boatload of tablets. Walmart puts its one day sales of those mobile computing devices at 1.4 million, and while it doesn't break down by brand or model, the company also cites the iPad mini as one of a short list of top-selling items.


Also included in that list are the generic categories of big screen TVs and laptops, so you can imagine that the iPad mini likely accounted for a significant portion of those 1.4 million slates to be called out by name. Other top selling items included Microsoft's new Xbox One, and Sony's PlayStation 4, indicating that the home console market is still alive and kicking despite the rise of mobile game and sluggish sales for Nintendo's Wii U console, which made its debut last year.


It's worth noting that Walmart sold twice as many towels as it did tablets, at 2.8 million moved on the day when Americans get together to give thanks, stuff themselves with turkeys and buy towels. And of course, Walmart's press release sort of glosses over the fact that its stores have become sites for riots, fights, bad manners and all sorts of various reminders that humans are essentially the worst. At least some of those 1.4 million tablets sold went to the victors of squabbles, according to Twitter.








6:24 AM

Walmart is already crowing about Black Friday and we're only a couple of hours into the actual day itself. That's because depressin...

Read more »
no image

With the success of SnapChat, Line and others, many have been wondering who will own the next big messaging service. Now, we're not saying it's necessarily the next big thing, but it is interesting to us that PingTune (formerly named Tuneit) has appeared with a service which slices off a fascinating niche of the messaging space with an app for music fans that want to send slices of music to each other in an easy and simple way. The startup, based in London's ‘Tech City' in the East, has also just raised £1m ($1.6m) worth of investment to do it. The seed investment comes from Rupert Hambro (former Chairman of Hambros Bank, currently Chairman of JO Hambro) and Dominic Perks (serial entrepreneur and active investor).


PingTune is an iPhone app which lets users search for music from sources like YouTube and SoundCloud, then simply message friends with that track. You can also choose a specific section of the tune or video to send, which, if you think about it, works quite well when you want to tell a friend something which just the chorus in a song is talking about. Clearly the flirting possibilities are endless.


CEO Henry Firth says “We saw that people were sharing music on social networks, but it can be clunky. Copying links between windows is hard work on a mobile phone. We wanted to make that process easier… so we built PingTune.” PingTune's 12-strong teams consists of staff formally with Yahoo, Spotify, Skype and Sony.


He says the business model will eventually be selling mp3s and other music-related purchases.


Note Spotify's partnership with Tango and Sony's campaign with Kik, speaks to this trend for music and messaging getting together. Messaging could well be the next wave we'll see in this space.







6:09 AM

With the success of SnapChat, Line and others, many have been wondering who will own the next big messaging service. Now, we're not say...

Read more »
no image

Apple has issued a formal objection to the court-appointed lawyer assigned to monitor its compliance with the decision handed down in its e-book pricing fixing case back in July. The monitor was assigned by the DOJ back in October, and has apparently been charging Apple a very high price for his services – he made $138,432 in his first two weeks on the job, according to Apple's official filing on the matter.


Apple says that's the highest rate it's paid a lawyer in its history, which is saying a lot given the company's decidedly litigious streak. Apple's lawyers explained in the filing that they believe Bromwich is charging so much simply because he can, as Apple has no say in who is chosen for the position, and must pay for the court-appointed monitor as per the decision handed down by the DOJ in the antitrust price-fixing case. Apple also objected to a provision in the DOJ's ruling that would allow Bromwich to interview company personnel and report back to the court without Apple's own lawyers around to represent the company's interests.


The anti-trust case saw Apple charged with colluding with ebook publishers to artificially raise prices, and the DOJ handed down a decision that means Apple must have the court-appointed monitor, and is forbidden from having special arrangement with publishers around price restrictions, as well as so-called “favored nation” clauses (which essentially ties the pricing deals it works out with one publisher to the arrangements it holds with others) for four years.


Bromwich has served as an independent monitor before, in the oil and gas industry and with the Metropolitan Police Department for the District of Columbia, but if lawyer loving Apple is taking exception, there might be something to the claim that this rate is excessive by any standards.







5:24 AM

Apple has issued a formal objection to the court-appointed lawyer assigned to monitor its compliance with the decision handed down in its e...

Read more »
no image

The holidays are often less than merry if you have to deal with things like balancing work with travel, financial stress or seasonal affective disorder. I usually cope by listening to Merle Haggard's “If We Make It Through December” over and over and over again. This year, however, I also plan to make visual journaling app LifeCrumbs part of my daily routine. Made by a startup called Tomofun, LifeCrumbs was created around the idea that even on the gloomiest of days, there is always at least one good moment to salvage. The free iOS app, which will launch its Android version soon, lets you turn those moments into a visual calendar filled with photos of good memories.


Founded by Victor Chang and based in Taipei, Tomofun's mission is to build products that “find joy in the ordinary.” LifeCrumbs is actually the startup's second product; the first app they built never left the prototype stage because it did not receive enough positive feedback to justify a launch.


After that disappointment, Tomofun's team decided to regroup by going to the Philippines and spending summer 2012 volunteering with a homebuilding program.


“I met a five-year-old girl who had just lost her dad in a typhoon. When I gave her a cookie, she took that cookie, ran back to her family and split it six ways with them. Then she ran back to me, split it in half again, smiled and said thank you,” said Chang. “That changed my life because it made me realize you don't need a lot in life to be happy. That notion was so inspiring that I wanted to share it with other people.”

2-CreatePost

Inspired by that moment, Tomofun began working on a journaling app to let people record meaningful moments from each day after returning to Taiwan. LifeCrumbs launched in closed beta in October 2012 before opening to the public last August. Since then, the team has continued to incorporate feedback from users and redesigned the app to make it even more visually oriented. LifeCrumbs is integrated with Facebook, Twitter and Instagram, so you can select updates from each network to import. Tomofun is currently self-funded and exploring several revenue models for LifeCrumbs, including selling sticker sets and letting users order their photo calendars as prints and other products.


There are a lot of other great apps that are designed to make journaling easy and pleasurable for busy smartphone users. Some standouts include Step Journal (which I profiled in May), Day One, Momento and Gratitude365.


LifeCrumbs seeks to differentiate by creating a positive and upbeat community within the app. The official LifeCrumbs account uploads inspirational quotes and photos each day and users gain points for uploading status updates and photos (though they can also choose to make their journals private). The team plans to launch more engagement features and activities like hashtag prompts to encourage people to upload and comment on photos around the same theme.


The idea of keeping a gratitude journal or participating in a community filled with people intent on finding a memorable moment during even the cruddiest of days might seem cloying or (for the more curmudgeonly among us) even downright horrifying. But it can pay off. Researchers have found that keeping gratitude journals encourages healthier habits, better sleep and can even improve emotional and physical resilience.


I also like the idea of having a safe place to indulge my inner Pollyanna without being accused of being an “Instasham” or irritating my wider group of Facebook friends. LifeCrumb users have dedicated their visual calendars to daily updates about their children, pets, weight loss progress or best meals. Some have even turned the calendar into a budgeting tool by taking photos of what they bought (or didn't buy). If you update your LifeCrumbs journal regularly (or at least go back and fill in the days that you missed), then by the end of a few weeks you'll have a collection of about 30 good moments to enjoy at a glance (even if the month was otherwise lackluster).


“People kept coming back and letting us know that it is great to be able to see your memories laid out in a calendar format,” says Maggie Cheung, LifeCrumbs' community manager and Tomofun's director of social marketing. “Each visual acts like a mnemonic to bring back the memory.”







12:09 AM

The holidays are often less than merry if you have to deal with things like balancing work with travel, financial stress or seasonal affecti...

Read more »
Thursday, November 28, 2013
no image

One thing the UK, a huge finance market, has been lacking in recent years is something equivalent to Mint.com. Now Money Dashboard hopes to fulfil at least part of that role. It's a ‘smart' account aggregation service that automatically analyses online banking statements. It's now secured a £2.7 million ($4.4 million) investment round, led by Calculus Capital, a fund which manages private equity funds for individuals. Money Dashboard aims to now develop new services, including launching mobile apps.


In addition, ZAG, a venture-led branding agency under BBH, it to become a shareholder now that it will handle the launch and marketing of the new products.


Money Dashboard – going since 2010 – tells UK consumers how much they spend each month on food, leisure and many other categories, for free. It aggregates current, savings and credit cards accounts together in one place, with the same security levels as online banking.


The result are some pretty cool charts showing you spot areas where you could make savings. It also provides spending forecasts and can make consumer aware of their ‘Clear Cash' figure that is available to spend before pay day.


Alerts can also be set, including notifications when balances fall to the point where they risk triggering annoying bank charges. The technology is ‘read-only' therefore no money can be moved or transactions processed through the site.


The business model is generating the majority of revenues by harnessing data to offer ‘switching services' , whereby Money Dashboard gets paid for funnelling users towards energy, broadband, fixed line and satellite TV packages, loans and other services. Not unlike Uswitch.


Susan McDonald, chairman of Calculus Capital, says: "This is a genuinely exciting business with huge potential.” Founder Gavin Littlejohn says: Money Dashboard's rich vein of data and insights will also be further developed.”


Dashboard Ipad 300dpi


Transactions With Magnify 300dpi







4:23 PM

One thing the UK, a huge finance market, has been lacking in recent years is something equivalent to Mint.com. Now Money Dashboard hopes to...

Read more »
no image

It's Thanksgiving in the States and tomorrow is the biggest shopping day of the year. In fact stores will be open tonight so you can elbow your way into a scrum of bargain hunters and frotteurists. I'm here to tell you it's a sucker's game, at least when it comes to consumer electronics and computer hardware.


This is not to say you shouldn't go out tomorrow. Are you looking for toys, scarves, and underwear for the family? By all means hit the malls. Those “soft goods” are so cheap wholesale that stores can afford to discount them drastically in hopes that you'll make up for loss in profit with sheer volume. See a Lego door buster you've got to have? You better get in there.


Screen Shot 2013-11-28 at 11.31.10 AM


But computer hardware is a far different matter. Consumer electronics margins are so low right now that manufacturers make pennies per device. Deep discounts usually happen to items that are on their way out anyway. I checked out Best Buy's Black Friday page. The iPad 2 is on sale there for $299 – it's normally $399 – but it's the Wi-Fi only 16GB model, pretty much the entriest of the entry level. You can grab a 64GB model refurbished for $469.00 on Apple's website. “But this is for mom,” you say. “She wants to read and maybe Skype us.” Get her the Kindle Fire HDX for fifty less, no mall visit needed.


What about those $300 laptops (BB has a Toshiba model)? Well, the laptops on sale aren't going to be on the market for much longer and Black Friday is a great way to clear out old stock. CES is right around the corner and we can expect Intel's Broadwell chip to launch in a quarter or so. Therefore you're buying obsolescence on sale.


Don't expect to get a deal on an Xbox One or PS4, either. You won't even see one in stores, let alone get a discount on one.


Going for the TVs? BB is selling their Insignia brand 39-inched for $169. This is an in-store deal which means you probably won't get one. Do you want want? Eh, sure, if you're looking for a 39-inch monitor without many frills. Is it worth stabbing a grandmother over in order to score the last box? No.


In the end Black Friday is an exercise in pure commerce. Stores want you to come in because it means they can clear out all their stock in a few short hours. It gives them a cushion for the slow post-holiday season and it makes shopping look like an event. While I'm all for expansion of the commercial spirit, I think Black Friday is such a cynical and scammy experience that it's hardly worth rolling off the couch to partake in. Make some real nerds happy – hit the small guys online, pick up some ThinkGeek stuff or some cool board games or Estes rockets from a smaller hobby shop and let somebody else fight over a $12 Blu-Ray player.







1:39 PM

It's Thanksgiving in the States and tomorrow is the biggest shopping day of the year. In fact stores will be open tonight so you can elb...

Read more »
no image

It's Thanksgiving! And, judging by the fact that you read tech blogs, you're probably at least a bit of a geek. Know what that means? Today's the day you get to answer all of your extended family's tech questions! Hurrah!


For the last few years, that's probably meant explaining the difference between iPhone and Android. This year, you'll probably get to explain what the heck this “Bitcoin” thing is at least twice.


Fortunately, one of the top Bitcoin exchanges has just launched an informational site that ought to make things a bit easier to understand.


Putting their Bitcoins.com domain to a pleasingly non-spammy use, Mt.Gox has just relaunched the domain as an introductory repository of information focused on all things Bitcoin. While they could've just put up a big static page that says “WANT BITCOIN? GO TO MT.GOX” and called it a day, it seems like they're actually trying to stay relatively neutral; while Mt.Gox is mentioned a few times on the page, it's generally alongside mentions of other exchanges.


While the site doesn't explain everything (they only briefly touch on how Bitcoin mining works, for example, presumably to avoid getting too technical), it's a pretty solid primer and they cram a lot of information into a rather tight package. If nothing else, it's a good way to brush up on the higher level details before your friends and family start askin' about it.


Oh: and if the recent hype has you thinkin' that Bitcoin is a brand new thing, check out the timeline on the bottom of this page. Bitcoin's been coming together for years.


[Fun fact: Mt.Gox is an acronym for Magic: The Gathering Online eXchange. Mt.Gox was originally a place for people to trade Magic: The Gathering Online cards. They switched to focusing on Bitcoins in 2010. Best pivot ever?]







12:53 PM

It's Thanksgiving! And, judging by the fact that you read tech blogs, you're probably at least a bit of a geek. Know what that means...

Read more »
no image

Google's decision to share user data across Google services, revealed in an update to its policy back in March 2012, isn't strictly kosher with Dutch privacy law, the Dutch Data Protection Authority said Thursday. Google doesn't “properly inform users which personal data the company collects and combines, and for what purposes,” according to a statement by the DPA issued via press release.


While the DPA says that Google is definitely in the wrong in this case, there aren't any immediate measures being taken to punish Google or prescribe any corrective action. It does however state that Google's current means for securing user permission to collect their data is insufficient. That means simply offering up a single general privacy policy and terms of service document isn't enough, especially when combined with the fact that it is “almost impossible not to use Google services on the Internet,” according to the DPA.


Google is definitely in violation of the law according to the body, but Google itself denies the validity of that claim, according to an emailed statement received by Computerworld. Google also says it's in constant communication with the Dutch DPA and will continue to work with the organization going forward to resolve the issue. The next step is a hearing at which Google will face the DPA's decision about how to proceed in terms of corrective or disciplinary measures.


Google's privacy policy switch definitely irked users, and clearly some government organizations have taken issue with it as well. There are more changes planned for implementation soon, like Google displaying Google+ images in ads unless users opt out. Hopefully this corrective action has some kind of effect on the Internet giant's ability to unilaterally change the way it uses the user data it collects, but I'm not holding my breath.







11:39 AM

Google's decision to share user data across Google services, revealed in an update to its policy back in March 2012, isn't strictly ...

Read more »
no image

It's Thanksgiving, and IBM, via its Benchmark data service is once again tracking how U.S. consumers are taking to the web to kick off their holiday season shopping, with early indications that this year is looking a bit softer than 2012. Overall, Thanksgiving online sales are up 9% over last year. On the same day in 2012, they were up by over 14%. And the average value of an online order is down slightly, too. IBM tells me it is $132.13 so far for today; in 2012, it was $132.57.


Within that, newer platforms like mobile are getting ever more popular: mobile accounted for over 35% of all online traffic, up almost 30% compared to 2012. Mobile sales were over 22% of all online sales. It's no surprise that mobile continues to grow: many people are together with friends and family, and often converging in living rooms and maybe in front of TVs or at parades or other events. That means less time at computers and turning to smaller and more portable screens to catch the latest deals.


IBM's data is bearing out a trend we've seen elsewhere, that tablets, rather than smartphones, are driving more actual conversions to purchases. Smartphones today have so far driven 22% of all online traffic, IBM says, versus just 12.5% for tablets. But tablets have driven 13% of all sales online, 1.5 times the rate for handsets at 9%. The bigger screens of tablets are also driving more valuable orders - $125 versus $114.21 when items are purchased on smartphones.


iOS may be losing to Android in overall marketshare globally, but when it comes to the U.S. market, it's still the most engaged platform, particularly for e-commerce. It has so far seen more than three times the amount of sales that Android has - or 17% versus 5% of all online sales. iOS users spent $120.03 per order, IBM says, with Android at $114.19 (very close to the smartphone average basket value, in fact). iOS devices have accounted for 24% of all online shopping traffic so far; Android 10.5%.


Last year IBM stirred up a bit of controversy when it noted that social networks were driving only 0.2% of online sales. This year, the numbers are a bit better: social networks so far are driving about 1% of sales, IBM tells me - “which is not to say social is not important, it has more of an indirect influence on sales - i.e. consumer perceptions of products, brands, customer experience,

which influences purchasing,” a spokesperson tells me.


So far, Facebook is winning out over Pinterest in terms of driving more valuable purchases, at $108.41 per order compared to $102.61 per order for Pinterest. Facebook referrals converted sales at a 43% higher rate than Pinterest referrals, “perhaps indicating stronger confidence in network recommendations,” IBM notes.


IBM says that it will update again with fresh numbers in a few hours. Last year, sales crept up the whole day, and by midnight, sales were up 17.4% over 2011, with an especially strong push for mobile commerce. Some 25.3% of consumers used mobile devices to visit retailers' sites in 2012, up 66% over 2011. And 18.3% of consumers used a mobile device to buy something, up 65% over 2011.


The bigger picture for this year, according to Forrester's estimates, are U.S. online holiday sales will reach $78.7 billion this year, up 15% over 2012, when sales topped $68.4 billion. Forrester predicts that 167 million shoppers will do their holiday shopping online, spending an average of $472 for the season. Going against the slightly softer numbers IBM is showing, Forrester's Sucharita Mulpuru is more optimistic: “Strong economic growth and low unemployment rates project a healthy playing field for online holiday sales and outweigh any lingering dampening effect of the government shutdown,” she writes.







10:39 AM

It's Thanksgiving, and IBM, via its Benchmark data service is once again tracking how U.S. consumers are taking to the web to kick off ...

Read more »
no image

So you think you want to be a VC. It sounds like a pretty cool job, after all. You have good pay and benefits, get to meet with lots of interesting entrepreneurs and play with cool technology, can hang out in khakis all day…


But what about the dark side of venture capital? What's the worst part about having an office on Sand Hill Road and investing other people's money? (Hint: It's not eating breakfast at Madera, getting coffee at The Creamery, or having drinks at the Four Seasons Battery every day.)


A thread on Quora seeks to find an answer to just this topic, and it's one of the more interesting reads you might run across on the QA site. While there are lots of great answers from folks like Mark Suster, Ethan Kurzweil, and Andrew Parker,* the runaway favorite is a response from an anonymous VC who claims 10 years of experience as a general partner at one of the bigger venture funds out there.


While noting that being a VC “is really the greatest job on earth” and that “saying no” wasn't a hard part of the job, just part of the job, Anonymous goes on to describe the things that really do suck about being a VC… Which can pretty much be boiled down to “dealing with other VCs.”


That includes both VCs within your own firm, as well as those you co-invest with. Let's start with those you work with directly:



At a large fund, there are lots of partners. And what it takes to become a partner at a big fund and stay there for years is often a high asshole factor, ability and desire to deal with firm politics and internal jockeying for power.


Don't get me wrong. There are some great great partners. But I think 2/3rds of the people in the GP ranks at big firms have massive egos (as one LP put it “VCs have more ego per dollar of return than any asset class we know of”)



Not surprisingly, Anonymous goes on to break out the “crazy back room politics” general partners deal with, as well as senior partners who don't add a lot of value and JUST. WON'T. RETIRE.


So maybe you're able to navigate the assholes you choose to work with. What about those you end up on boards with? Anonymous paints an even bleaker picture there: When it comes to companies that have multiple VCs as board members, each has “their own agendas and egos”… And big surprise, those agendas aren't always focused on what's best for the company, but external stuff like “fund reserves, fund life, etc.” which impact their decisions and advice.


If you can get through all of that, then you're faced with dealing with the clueless limited partners who invest in your fund. As Anonymous describes, “LPs are the lagging-most indicators in the entire economy.” And, well, don't really understand (or care to) what they're actually investing in.


Anonymous also describes all the loneliness associated with being a VC, as well as the emotional ups and downs that they go through when portfolio companies aren't really working out the way they'd hoped. But let's face it, it's tough to feel sorry for anyone making “$500k to $2M per year” whose job it is to pick winners and losers in the game of tech.


Anyway, now here's the fun part: We know enough about Anonymous to make a reasonable guess as to who he or she is, or at least which firm he or she works for. Being a general partner for 10 years at a “big fund” with “multiple tiers of partners,” “crazy back room politics” and “senior partners who are well past medicare age” kind of narrows things down a little. (Or, well, maybe not.) Anyone care to take a guess which firm we're talking about?


==

* My favorite response actually comes from Kristine Lauria, who is married to a VC and says the worst part of being one is “High risk of divorce because you never see your wife.” OOOOH BURN.







9:09 AM

So you think you want to be a VC. It sounds like a pretty cool job, after all. You have good pay and benefits, get to meet with lots of inte...

Read more »
 
Google Analytics Alternative