Are all new things good?

Read an interesting article today from the NYT written by William Cohan http://www.nytimes.com/2015/04/08/business/dealbook/profits-and-ethics-collide-in-nameless-turmoil.html?_r=0 and found the observations and questions asked extremely interesting.  Are all shiny new things good?

This is a question that arises quite often in the VC and startup world.  What is this for? What problem does this solve? Who needs this and why? Of course there is no umbrella answer for this as everything in this world can be used for both good and bad, two sides of the coin.

So what does it come down to? The goals and visions of the founders, those supporting and fuelling the growth or the participating users?

Hard to say.  Lots to think about.  Responsibility comes down to the users and humanity as a whole.  Technology doesn’t change the world. It enables US to change the world.

Long Time Coming……

It’s funny to see how things progress sometimes.  Since the last post, I’ve gone through and seen a sea ,if not ocean, of change in so many things in my life.  From virtual reality to business structures to emails, there has been no shortage of traveling int circles and ending back at square 1 (but with a better view and experience).

Not all time is lost when going in a full circle.  I now feel better prepared on many fronts although it seems like we haven’t moved at all.

VR has made a several decade loop around and comeback to prominence, which is nice for our portfolio company NextVR.  We are truly excited and believe that the revolution is coming and this time its for real.  It’s also been interesting to observe the track back towards email as the ‘main tool’ and acquisition target of companies from Microsoft to Dropbox.  The window to users seemed forgotten and washed under all the other ‘sexy’ products and businesses JUST to suddenly be shot back into prominence.

As for Vectr, we’ve come a long way to end up where we are now and have never been as confident and excited with our journey ahead.  The team has realigned itself and really coming together and we are ready to rock’n roll.  Some things take time but at at the end and when its done right….. worth it!

Ice Buckets. Or would you rather…..?

So I can’t help but notice that more and more people are starting to do this ALS ice bucket challenge.  Although I think the thoughts behind it is great, I have serious questions as to WHAT is actually going on.  From what I’ve noticed, the dialogue tends to go something like “I’ve been “CALLED OUT” by xxx to do the “als” ICE BUCKET CHALLENGE”!!! “ROAR!!!”.  

OK.  Are we forgetting what the actual point of this was?  ALS?  where’s the time and emphasis spent on talking about that and to point someone to WHERE we can actually do something (by something I don’t mean dumping ice) to help the cause?  Businesses can have a focus on fair trade or integrate some sort of social service into the operations and people have a choice of proactively participating through resources (aka $$$) or time+effort. But this seems to be losing direction….. what about “if you choose not to dump ice, which would be great as well, you can goto alsa.org to donate?”  

I wonder if the ALSA suddenly realizes they became social media marketers versus fundraisers for their cause.  Wouldn’t it be fun to know what the ratio turned out to be in terms of ice dumping hits of social media vs donations? Do we dare take an over/under gamble on donation vs ice?

The Ice bucket challenge although an interesting way to use the virality of the internet to pass a message and indicates to a good cause, forgets that it is playing an infinitely looped version of telephone where the spirit and soul of the point seems to have been lost. 

I realized, after spending some time talking to NGOs that technology may not be the best skillset that they have and that they are trying very hard to leverage the internet.  Understandable and commendable.  But at the end of the day they must not let something go out of control and become more an internet game and allow people to lose focus on what the actual point is!

Just in case, this is what ALS is.

This is not directed to anyone I know that has already DONE the challenge. Your videos were fun and keep calling people out to help.  Just make sure to let them know donating is also an option.  

Here’s an idea… why not dump AND donate?