Thursday, January 6, 2011

Skype Founder’s Atomico interested in Chinese Startup with international ambition

Yesterday I talked with Skype co-founder, Niklas Zennström during his trip to China. He said his venture capital fund, Atomico, want to invest in Chinese startups which are looking for overseas markets.

“If a Chinese startup wants to develop, say German or Brazilian, market, I believe Atomico, will be in good position to help it,” said Niklas. After Niklas and Janus Friis sold Skype to eBay, the pair found a venture capital fund in 2006. Capital of its first fund came from their own pocket, about 40 million Euro. Last year, they raise a new fund, about US$165 million, from mostly European institutional investors. They have invested in European and U.S. tech startups, and they have also invested in 2 companies in Latin America (Brazil). But nothing in Asia yet. Maybe that will change soon after this trip.

In his trip to China, Niklas has met many of the Chinese internet titans, such as Baidu’s CEO, Robin Li, Sohu’s Charles Zhang, Kongzhong’s Wang Lei Lei, and so on. (And he is going to meet Tencent’s Pony Ma and Netease’s William Ding soon.) One thing he realized from the meetings is that Chinese internet market is very different. The rules are different (e.g. you cannot rely on IP protection to defense off competitors) and so are the players. Most of the major players in Chinese market are local companies, such as Baidu, Tencent, Alibaba, etc. “It is very hard for international companies to succeed in China,” said Niklas.

The venture capital market here is very competitive. “There is lots of capital. Money alone is enough, you have to add value,” said Niklas, “For Atomico, we are an international venture capital fund and we can help companies to grow internationally.”

The most famous example is Skype, which grow from its origin in Sweden to practically everywhere in the world. “We understand the market environment in each region – the regulations, consumer behaviour, etc,” said Niklas, “We can help Chinese companies to export their products or services.”

One area he is interested, in particular, is game. “Games, no matter, mobile or casual, are popular. You can see most of the top iPhone App are games,” Niklas. China has a strong game development community and many of them are developing the intentional market. For example, Beijing Rekoo, has become a top social game operator in Japan. Niklas and his team should find what they like pretty soon.

What Niklas believe are the coming trends ?? what are his words for young entrepreneurs ??   We are going to talk about these in the next few days. By the way, here is a video clip about yesterday’s interview: http://mobinode.tv/archives/1762


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Drupal 7 Release Party in SG Tonight

Finally, Drupal 7 is here. Celebrate the Drupal 7 launch with the Singapore Drupal meetup group. 1000s of volunteers worldwide have worked for years to complete this new release. This is a moment well worth celebrating if you are a drupal professional, hobbyist, or passionate about open source software.

An unprecedented global wave of parties welcomes the new version, with more than 200 parties planned so far.

Drupal is a free software package that allows anyone to easily publish, manage and organize a wide variety of content on a website. Hundreds of thousands of people and organizations are using Drupal to power an endless variety of sites.

There will be some really awesome drupal cake for everybody that comes! Not sure if there will be 7 cakes, but there should be enough for everybody to grab a bite.

Come 7.30pm for registration/networking and early orders, then we hope to be seated by 8pm.


Event Details

When: Friday 7th January 2011
Time: 7.30pm-10.30pm
Where: Hog’s Breath Cafe at Robertson Walk, 11 Unity Street, #01-14/15, Robertson Walk, Singapore 237995

Kindly RSVP to Sven Berg Ryen (+65 8163 5663), to let us know you’re coming so that the venue can provide enough seats.


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What we’re reading: Valuation inflation, Facebook style

TechCrunch: Quora Signups Exploded In Late December — Then Doubled From That This Week – Quora’s hitting the mainstream globally and that’s reflected in Southeast Asia as well. Indonesian users are discovering it and signing up in droves. A story on that to come. (WJI)

More Goldman-Facebook stuff – Business Insider has Goldman’s pitch letter for its special Facebook investment vehicle, and Henry Blodget analyzes the deal from Goldman’s point of view. The consensus is building that Facebook is delaying an offering with the Goldman move to prevent employees from getting too rich off privately traded shares, but Goldman has first dibs on an IPO. Sarah Lacy at TechCrunch, who famously interviewed Zuck, reinforces those notions. (WJI)

Paid Content: Zynga Buys Social Browser Developer Flock – Has-been social browser Flock is finally killed off in a sale to Zynga, which is white-hot again thanks to Cityville. Good move by the Zynga guys to snap up that social browsing talent. (WJI)

The Daily Beast: Facebook’s $50 Billion Goldman Goldmine: Don’t Expect an IPO – David KirkPatrick bucks the trend, saying that Goldman’s Facebook investment is more likely to delay an IPO than accelerate it. He thinks Zuckerberg will use the cash to keep growing the company and adding users rather than take the personally disliked route of a public offering. My take is, it’s certainly possible, but IPOs have to be in sync with prevailing market conditions. If the winds look right with tech IPOs like Tudou in the NASDAQ pipeline, it will be difficult for Facebook investors not to agitate for an earlier, rather than later, offering. (WJI)

Business Insider: Social Network: Tech Bubble 2.0? – Business Insider calculates a PE ratio of more than 100 for Facebook at a $50 billion valuation on $2 billion in revenue. Compare that to Google’s 24x, Apple’s 22x and Baidu’s 83x. I think the Insider ‘bubble’ call is right. We’re going to see massive public offerings in the next couple of years, starting with the Chinese video-sharing sites Tudou and Youku. (WJI)


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Sweet! Google’s Honeycomb to be released by end of Q1

Google’s Android 3.0, aka Honeycomb, the first version of the Android OS optimised for tablet devices, is finally ready to come out of the labs and onto the shelves. This was announced at CES 2011 in Las Vegas when Motorola unveiled the Motorola Xoom,  the first tablet device to run Honeycomb, which the company said would be hitting retail stores by the end of this quarter.

Little else of Android’s latest iteration was seen beyond demo videos and preview (see video below), but early impressions are that Honeycomb is distinctly different than mobile Android, maximising the larger screen to display its widgets more prominently.
Besides that, Honeycomb features a new wall-of-video look for browsing YouTube, a tablet-optimised Gmail app, full-screen Gmail video chat, a new 3D Google Maps interface, and e-book application to access Google’s e-books.

The hardware behind the first Honeycomb tablet is impressive too: when shipped, the 10.1-inch screen Xoom is expected to have a dual-core processor that is capable of reaching 2GHz performance, an HD-wide screen, front and back-facing cameras, including a full HD camcorder, and an accelerometer and a gyroscope.

While Motorola’s Xoom may be the first device in the market to run Honeycomb, it won’t be the only device, as Toshiba also presented CES goers a glimpse of its 10.1-inch tablet, which it says will also run Honeycomb. In the same week, LG mobile phones also announced that it is set to release its Honeycomb-powered G-Slate “in the coming months.”


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Windows ARMs for the future

Microsoft CEO Steve Ballmer. Photo taken from Wikipedia

Microsoft CEO Steve Ballmer’s keynote address at CES 2011, Las Vegas was chock-full of news as he announced the future of Windows 8, updates of the Windows Phone 7 platform, and tablet devices.

The most interesting bit of news, however, was Ballmer’s announcement that Microsoft’s next version of Windows will run on ARM systems using system-on-a-chip (SoC) architectures from NVIDIA, Qualcomm, and Texas Instruments – signalling that a big part of Windows 8′s strategy would include small and low-powered mobile devices.

“This announcement is really all about enabling a new class of hardware and new silicon partners for Windows, to bring the widest possible range of form factors to the market,” Ballmer said at the evening keynote address, during which he also showed off Windows 8 on ARM and x86 netbooks. (See video below from Gamespot)

To date, Microsoft has succeeded growing Windows into an $18 billion annual business based on PCs running the x86 architecture from Intel and AMD, but the increasing presence of SoC architectures in mobile devices is an alluring market that Microsoft can’t ignore any longer.

Windows 8 on SoC is expected to include the standard features one would get with Windows built for the x86 chips, including hardware accelerated media playback, hardware accelerated Web browsing, support for USB devices, and printing.

On Windows Phone 7, Ballmer said that the application development community has been quick to embrace the new mobile operating system, with the Microsoft download store having registered more than 5,500 apps in its first few months. Of course, it went unsaid by Ballmer that this is still a long way to go in competing Apple’s 300,000 applications on Apple’s App Store.

“Our customers get access to more than 100 new applications every 24 hours… More than 20,000 developers are keeping the pipeline full,” Ballmer said. He also said that Windows Phone 7 will get a significant update in a month or two, which would deliver faster task-switching and the much-anticipated cut-and-paste feature between applications.


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Introducing Tam, Fine Arts & Entrepreneurship [Artist's Guild]

Looks like the correlation between rock bands & startups got you all kicked up. Great. It makes me feel happy, because I wrote that piece only to catch you on the wrong foot – to hold that yearning artist (within you) by its balls and throw its malnutrition-ed carcass for the vultures to feed. OMG, why so serious, dear reader don’t be? Don’t curse me, but tell me why you never gave fine arts a chance in your life?

Well that’s how I come to this post. And why does this post, have a title called introducing ‘Tam, Fine Arts & Entrepreneurship‘? First of all, Tam is not your Total Available Market. Tam is Tamagna Ghosh, our latest writer on Pluggd.in. He will write about fine arts, under ground music movement, bands and entrepreneurship i.e. about the real risk takers on the field you otherwise would have chosen to ignore. Well not all of you, but most.

With this new breed of articles, hopefully, we will resurrect the artist within you.

And now you’d still ask – duh – why? Our answer: Because your artistic skills suck big-time. No, no, no it is not just that. It’s not only because you never groomed that painter within you, or you always found learning music an obscure and irrelevant activity for your career but also because you are at loss today w.r.t your own startup. We are covering fine arts because you don’t realize the difference between a piece of art (say Apple’s iPhone) or a piece of sh** that you (& I) dole out from Asia. A truly consumer’s perspective.

Dead artist is the reason why you code it so well to get an awesome back-end (ass) in your software, and you leave the (inter)FACE as a piece-of-shit. And that’s when market screws you from behind, coz all you got in there is the back-end – i.e the ass and no face to show off :-) .

So here, meet Tam, who is a Marketing Manager for a major national FM Radio channel. He is an ex-IITian and an MBA from MDI Gurgaon. He also holds professional degree in arts and professional photography and loves to follow the underground music scene & cryptic art.

Over to Tam:

Hi all,

How many of you have this strange urge of collecting music memorabilia? To be precise, I have this grotesque thirst of buying original music CDs if the artwork/packaging or bundled exclusive merchandise catches my attention. Are these small pieces of art some cleverly thought tactics that the music labels deploy to increase their CD sales? Being an artist myself, and an avid listener of music my condescension toward beautifully crafted CD covers is normally an aye. But does it mean that the value of an album is enhanced by the art on top of it. And simply, does it motivates people to buy more because of it? So in the first post, let me introduce you to a concept called Song Art.

People who see CDs in my drawing room (even yours), actually see me (the person inside) as a whole. And the artwork I show to them plays an important role to raise my aura.

Do you remember the day when you first saw the cassette of “The Wall” by Pink Floyd? Particularly, the readers on the last post by Arvind? The Sony Music cassette had a thick roll of multiple folded cover along with lyrics. The black uneven lines showing the bricked wall along with “Pink Floyd the Wall” in a typical psychedelic font. It instantly caught my eye and coaxed me into shelling Rs. 150 during college days. For your information, the cartoonist Gerald Scarfe has designed the concept & album art by marrying all characters of the psychedelic theme by Floyd.

That’s how great art (and great product) convinced me to buy a piece of Floyd.

Music Art actually welcomes you to the world of Visual Music. Where you associate Floyd with the flying pigs, the painful shout of a distorted face or may be Iron Maiden with a demonic Eddie and so on. Each band, its album and product theme is matched to band’s persona, and then the visuals i.e. Music Art encapsulates band pneumonic, album art, band member, musical concept, art portraits, music – mood/album emotions etc. The same strategy is applied to merchandise too. In other words it’s all about transforming an aural medium into static visual representation. However, there is also another level to it. Let’s call it Song Art.

A song art is a visual representation of the emotions, feelings, story that one song represents. We are not talking about the entire album art or a cover art, but only one song – singles. The magic of Song Art (visual) form is when you as a listener create an impression of your own corresponding to what you hear & interpret from the song. But your interpretation might be besides the actual meaning of the song. For example, in the latest album of Indian Ocean there is a song called “Chaand” whose inherent meaning can never be judged by listening to the lyrics alone.

Trusting the ear at the lyrics would make you believe that the poet is talking about the imperfections in the moon and the dream world. However little would you imagine that Chaand is about a boy in a remand room and how his hypothetical references to the underworld, that is totally ignored by the other inmates, come to life all of a sudden. When I spoke to Rahul Ram, the bassist and vocalist, Indian Ocean he narrated the entire story which is a part of a 12min documentary by Anurag Kashyap.

This song is the OST of the same. The art below shows what Chaand and it means:

What is your opinion on this topic, and perhaps my first post?


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Nckia X8 looks like an egg, all its beauty showed outside


nckia-x8

It’s been a long time we didn’t hear of Nckia. Now it’s back, with its new work X8. From the outside the phone looks stunningly beauty, which can make people forget it’s from Shanzhai family. But please don’t be cheated by its outside. In fact it like an vain girl who’s wearing heavy makeup trying to won some attention. When you open the phone, you would just find it too ordinary and out of date. It’s based on a MTK chip, bringing with a 2 inches display, dual sim support and FM radio. The price? No mention yet, but surely it would be under $80 USD.

nckia-x8-2

[Source:M8cool]


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Gigabyte S1080 Windows 7 tablet unveiled in Taiwan


Gigabyte-S1080

Recently there are still new gadgets from big company make debut somewhere other than CES. For example, Gigabyte’s new tablet S1080, was first time unveiled in Taiwan today on an event that’s hold by Intel in Taiwan. Gigabyte S1080 is powered by an Intel duo-core Atom N550 processor, packing a 10 inches 1024 x 600 display, DDR3, 2.5 inch HDD, a USB3.0 port, a VGA port, running Windows 7. It’s said its battery could support 4 hours working time. Besides, it gets OFN input that allows you to navigate by touching the right and left side of the display frame with thumbs while holding the device, very convenient. A little sad that it doesn’t has HDMI output port. It’s said the price would be under $300 USD and will hit the market in February.

Gigabyte-S1080-1

[Source: ePrice Taiwan]


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Lenovo ThinkPad X220 revealed in China


Lenovo-ThinkPad-X220

Lenovo showed off several notebooks just days ago, but all are the ThinkPad Edge series. Today three pictures that are said to be the ThinkPad X220 appeared on a Chinese website. Of curse recently nothing has been confirmed. except these pictures no other information is available. From the pictures the keyboard is a bit like ThinPad X60’s. The display is 16:9 12.5 inches widescreen. Maybe Lenovo just don’t want to show us all of its new stuff and would like to keep this for the CES 2011 opening day and give the world a surprise. If so, they must be mad at that Chinese website that publish these pictures( Sorry for all the nonsenses above,I just want to make this post a little longer or it would just contain less than 50 words).

Lenovo-ThinkPad-X220-1

Lenovo-ThinkPad-X220-2

[source: 51nb]


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Evolution of the Cloud – Part 1 [SaaS]

Two and a half years ago at the Web 2.0 conference, I and a few market observers were asked what cloud computing was all about. Back then, the concept of cloud computing was just beginning to gain mindshare with valley-based startups but many weren’t sure what it really was and what it meant to consumers and businesses. Responses from industry veterans ranged from greatly simplified (elastic infrastructure) to utterly bizarre (liquid paper!). A lot has happened since, and the term ‘cloud’ has become one of the most misused pieces of jargon in the technology world today.

As it becomes increasingly evident that cloud computing is here to stay, PI takes a look at how the phenomenon has shaped up over the last two years, and more importantly, what it really is and what it isn’t. As most pundits seem to agree that SaaS, IaaS and PaaS are the three mutually exclusive and cumulatively exhaustive manifestations of cloud computing, we’ll explore each of these models in turn.

Software as a Service (SaaS)

The earliest avatar of cloud computing, SaaS gathered a lot of traction over the last two years, with Salesforce.com crossing $15bn in market value, and smaller success stories NetSuite and RightNow valued at over $1bn each. There were notable failures too – LucidEra, which had raised over $15mn in venture funding to deliver SaaS Business Intelligence (BI) solutions shut shop last year, as did Blink Logic, another SaaS BI provider. The failure to achieve mainstream success outside a few niche domains has failed to take the sheen off the SaaS model though, with almost every new business software venture these days invariably being a SaaS offering.

Having evolved from being a mere extension of the Application Service Provider (ASP) model to being a true multi-tenant architecture model, SaaS gained many advantages relative to traditional on-premise and packaged software, fuelling a spurt in market adoption. With Gartner pegging market growth at a whopping 16%, 2010 has definitely been a landmark year for SaaS. Even as the future looks rosy with annual growth rate expected to reach 20% by 2012, all isn’t well in the world of SaaS. Many overzealous marketing folks hoping to cash in on the popularity of SaaS are choosing to airbrush some very crucial differences between SaaS, hosted (ASP) and on-demand models, misdirecting their customers in the process and in some ways making SaaS a victim of its own success. Here’s the PI take on what SaaS really means.

What is and what isn’t SaaS?

Many advantages attributed to SaaS, such as affordability, scalability and flexibility, are direct consequences of true multi-tenancy, which essentially allows many different client organizations to access a single instance of an application running on a physical or a virtual server. Put simply, there is one and only one version of code across the entire customer base, removing the expense and effort involved in maintaining multiple versions or customer-specific code and managing different production environments.

In the hosted or ASP model, the service provider hosts different versions of an application for different clients in a centralized location, often hosting each version of code on a separate physical server. This
model does not guarantee full multi-tenancy and hence does not fully offer the advantages that SaaS does. However, this model is very suitable for applications that require a high degree of client-specific code customization.

On-demand software is a much broader term that encompasses both SaaS and ASP, and is only reflective of how the users are charged for access. Many large and well-known vendors often try to slip in traditional non-SaaS applications as SaaS to unsuspecting customers by tweaking their pricing model from per-server or per-site licenses to usage based metering (by number of users, transactions or storage capacity). While this pay-as-you-go model will technically make the application ‘on-demand’, it’s definitely not SaaS and will not be able to offer all the advantages that SaaS deployments bring to the table.

What are the implications?

If it’s SaaS, customers don’t own the application. Instead, they merely pay a service fees based on consumption to rent the application. This gives them the ability to test the waters without making any heavy upfront investments in the technology.

Customers pay on either a per-user or a per-transaction basis, and can expect near-instant and near-unlimited scalability. This gives them the freedom to start small and scale up without hassle to meet their business needs.

While customers normally can’t choose where their data is hosted (data isolation is only offered at the application level), they don’t need to worry about how and when to upgrade. All upgrades are carried out by the vendor and are typically non-disruptive, removing the need for tedious and expensive data migrations.

If it’s ASP, customers own the application after paying upfront for a license (this cost may sometimes be waived off, but is eventually funneled back to the customers in the form of maintenance fees). They can
expect to pay recurring annual fees for hosting services and general upkeep of the application. The fees maybe based on a per-user or a per-server basis. Customers normally can choose where their data is
hosted (physical isolation is possible instead of virtual isolation) and will likely be charged additional fees to be able to upgrade to the latest version.

A word of caution

If you are a startup or a business planning to buy a SaaS solution, make sure you quiz the vendor on the nature and maturity of multi-tenancy offered in the product. This is a good indicator of the market viability of the vendor and will have a significant impact on your subscription costs in the long-term. Don’t fall for claims of SaaS when all the vendor is offering is a piece of traditional web-accessible software with a pay-per-use pricing model bolted on top.

[Vamshi is the newest addition to Pi team and he will mainly cover enterprise software and cloud computing opportunities in-depth. If you are a startup/business in cloud services, do connect with us]


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Bijin Kabuka: Girls Presenting Quotes Make You Hot Even When Markets Are Cold

Bijin Tokei, which is known for having developed a hot girl clock gadget, has developed a new gadget in association with SBI Holdings, a conglomerate of online financial services.  It is called Bijin Kabuka and cute girls show you the realtime quotes every minute.   It aims to entertain market board watchers, they say, and allows you to check up the figures of Nikkeei Index, TOPIX (Tokyo Stock Exchange), SSE Composite Index (Shanghai Stock Exchange) and Hong Kong Hang Seng Index with a number of cute smiles regardless of market conditions.

See Also:



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Mac App Store is almost here

This is a busy week for the tech enthusiasts globally with the start of CES 2011, and a slew of announcements from the biggest tech companies including the elephant in the room, Apple.

The much anticipated Mac App Store is all set to release on Jan 6th (Jan 7th in this part of the hemisphere). According to The Loop’s Editor Jim Dalrymple, The App Store will be available for download from 01:00 am SGT (09:00 am PT).

The Mac App Store will function just as the App Store on iOS devices, enabling users to purchase with one click and using the same iTunes password and user ID. After which, The app will immediately move to the Dock. These apps can be re-downloaded to a new Mac as well.

Some of the apps that are expected to hit the App Store are: Twitter for Mac, Chopper 2, AirHockey along with iWork and iLife apps.

The prices for Apps according to the screenshots on the Apple page indicate price points between $15 – $20. However AppleInsider reports that Mac developers are aiming for low prices to get higher traction.

We’ll have more as the story develops.


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