Archive for March, 2007

Holy Crap, Dude Streams His Life Over the Internet 24/7

I should not be blogging at all because I have a final in less than three hours, but this is pure genius.

A guy named Justin Kan, who founded a failed web startup called Kiko, is now doing something completely different. With the help of a small crew he has hooked himself up to video cameras and is broadcasting every second of his life over the internet at www.justin.tv. Not only can you see what he’s doing, listen to his conversations, and check up on his hourly schedule to find out what’s in store for the day, but you can actually type him messages into a live chatbox and interact with him as he’s going through his daily happenings. (His crew relays the messages to him.)

Just a random dude who’s whole life is broadcasted for the whole world to see.
Let that sink in and marinate a little bit.

See how revolutionary this is?

“Why the hell would I watch some random guy?” you may ask. Well, personally, I wouldn’t mind seeing how a young entrepreneur goes about his daily activities. But even if you think this particular guy’s life makes for lame programming content, the potential of the concept is huge.

24/7 reality TV. The Truman Show, made possible via the power of the web. Imagine if old media companies like Viacom signed someone like, say, Tila Tequila or (insert celebrity) for their own exclusive, interactive online show. The revenue potential is limitless!

Two Interesting Social Networking Newcomers

This past week I’ve discovered 2 new social networks that are worth checking out:

1 . VIRB

VIRB is a MySpace for artsy people who are into stuff like music and design. The notable difference on first impression is its aesthetic quality. We all know how ugly MySpace profiles can get–the first thing that comes to mind when I surf VIRB is how refreshingly easy it is on the eyes. Profile pages can vary in color schemes and fonts but page widths are fixed, there’s always plenty of “negative space,” and absolutely no unnecessary clutter. The site is clean and manages to look hip without the feeling of forced trendiness that plagues gimicky corporate sites (like mtv.com for instance). Visual people who put a premium on user experience and simplistic design will appreciate what they are trying to do and may even come to the conclusion, which came across my mind, that this is what MySpace and Bebo should have been all along. Then again I’m probably biased since I’m not really part of the MySpace crowd; I only use it to check out new bands and artists.

VIRB’s strategy to differentiate in the crowded market of social networks is to cater not only to musicians, but also fashion stores, professional photographers, designers, artists and organizations as well. The site just released, but they have done a great job of branding in my opinion and they already have some official profile pages set up for popular indie and MTV-2-esque artists like PlayRadioPlay!, The Decemberists, and Lily Allen, who I happen to dig.

2. Zoodango

Zoodango is a professional social network that wants to help people make business contacts and physically network with one another face to face. The vision is interesting, but what’s really interesting about this old people’s social network (haha) is its founder–James Sun, the only Asian American contestant in The Apprentice! His bio is pretty remarkable; long story short: family immigrated from Korea, studied business and computer science at University of Washington, started a technology investment fund with $5,000 at 18 which he turned into over $2 million by the time he was 23, worked for Deloitte Consulting, and is now the CEO of Zoodango and a finalist (that I for sure am rooting for) on The Apprentice. (It’s a joy to watch if you haven’t seen it, clips on Yahoo! here.)

Anyway, the site is an interesting concept. My first reaction to Zoodango was, “Why do I need another LinkedIn,” but a little exploration and I came to recognize where its value lies. The biggest downfall of LinkedIn in my opinion is that by creating my account all I’m really doing is putting my resume online for everyone to see. My public profile doesn’t say anything about my ideas or my lifestyle, and likewise the people I “connect” with are little more than names and job titles. Zoodango seems to have the right idea in that they are using social networking to give business contacts an actual glimpse into each other’s personal lives and interests. Should the two parties wish to do so, they can then use the service as a platform to meet face to face.

My $0.02

I’ve yet to sign up with either of these sites, but I thought they were cool and worth the mention. As with any startup, both will have their hurdles and issues to churn through before they see success. It may be hard for a small startup like Virb to take on a huge beast like MySpace but if they can keep the momentum going and continue bringing in indie artists and organizations with urban appeal they might do well in that ‘artsy’ niche.

Zoodango on the other hand basks in the huge publicity help that comes with James Sun’s running on the Apprentice, but I personally think their site needs to do a much better job of branding, design, and appeal. Not to mention as a site name, LinkedIn beats Zoodango without hesitation. Still, inner instinct moves me to show support for a fellow Asian internet entrepreneur. Good luck James Sun, may your venture succeed, and may you become The Donald’s consigliere proving once and for all that the “bamboo wall” can indeed be shattered.

Goldman Sachs Trader Gets Busted For Surfing Facebook 4 Hrs./Day at Work

Posted on Techcrunch yesterday was one of the funniest news stories I’ve read recently:

A Goldman Sachs trader in the UK named “Charlie” was warned by his employer that his visits to Facebook on company time were to stop. He spent, apparently, over 500 hours on Facebook in a six month period. That works out to about 4 hours per day.

Unwisely, perhaps, Charlie posted the warning email on his Facebook account, saying “It’s a measure of how warped I’ve become that, not only am I surprisingly proud of this, but in addition, the first thing I did was to post it here, and that losing my job worries me far less than losing facebook ever could.”

See the original post for a picture of this bozo’s Facebook profile.

The whole thing is hilarious, but seriously, whoever this guy thinks he is, he definitely deserves to be fired. Honestly, if you are making the kind of money they pay you at Goldman, you should be working your damn ass off.

For everyone out there who’s about to work for any large or medium firm in the securities business, this is a good lesson. Trust me–I know from experience that they monitor all your IMs and surfing activity closely so be careful what you do.

Reading this really makes me wonder about whether and how the dynamics of business world will change when our generation of social networking addicts joins the workforce and gradually moves upward in the proverbial corporate ladder. Will Facebook and MySpace drain billions upon billions of dollars of future productivity, or will we actually find ways to utilize the connectivity of our social networks to create more value than our grey-haired predecessors?

It’s tough to say. While I staunchly believe in the power and potential of the Internet to improve society (for instance by helping put an end to educational elitism and poverty) and also recognize the effectiveness of social networks as a networking tool, I’d have to argue that Facebook and MySpace are always just going to be, for the large part, a waste of productive time. Then again that probably wouldn’t stop me from sneaking in some logins at work. I guess you can call me a hypocrite.

What I Believe are the Keys to Happiness

I’ve read a bunch of articles and blog posts in the past on modern happiness (see my del.icio.us bookmarks on the subject), and I know my thoughts are in no way original, but these four things are what I have come to believe are the keys to happiness.

1. Autonomy: doing what you freely choose to do

2. Competence: doing what you excel at

3. Significance: doing what makes a difference or has personal meaning

4. Relatedness: doing what allows you to connect to other human beings

I will not measure my success by the number of figures on my salary, but rather on my ability to achieve these four things in my own life and perpetuate them in the lives of people around me.

Have a Facebook? Watch this clip.

This short illuminates Facebook’s Big Brother tendencies as well as its alarming affiliations with the CIA and radical conservative groups. If you’re a college student, it goes without saying that you probably have a Facebook. If you’re like me you probably didn’t know the full extent of how they deal with your privacy and the information you divulge.

Definitely, definitely take a look.


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