my comments on “Slovenia cuts growth forecast as bail-out fears grow”

April 1st, 2013 § Comments Off on my comments on “Slovenia cuts growth forecast as bail-out fears grow” § permalink

 

A map of the Slovene Land and Provinces, autho...

A map of the Slovene Land and Provinces, author Peter Kozler Hrvatski: Zemljovid slovenskih zemalja i pokrajina, autor Peter Kozler (Photo credit: Wikipedia)

every western media seems to be talking about slovenia these days…

Slovenia cuts growth forecast as bail-out fears grow

Fears that Slovenia will become the next eurozone nation to need a bail-out have been fuelled by a sharp cut to the country’s growth forecasts by the government’s economic institute. Slovenia has become the first victim of contagion from Cyprus as its borrowing costs rocketed last week in the wake of a punishing bail-out deal.

via: www.telegraph.co.uk

as an ‘insider’ I feel obliged to comment:

  1. to all westerns: slovenia is going to be just fine. the current state of public finance is a residue of a couple of years of poor governments, that resulted in couple of months of public uprisings and a new government that feels promising. so stop panicking and pay attention to details. every crisis in EU zone in the last three years was handled completely differently, there are no patterns.
  2. to slovenian politicians: this is actually awesome public PR opportunity – the world is looking at us closely now, let’s keep the limelight on us as long as possible and make sure the ‘crisis’ resolves while they are paying attention. now is the time to invest in all kinds of projects 🙂
  3. to slovenian public: go vote next time around. and pay more attention next time. the rest of the world cares more about slovenia than you do.
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Best Book about Zemanta in NYC

March 18th, 2013 § 1 comment § permalink

I gave several book interviews since starting Zemanta and moving to NYC, most of them in the last 18 months. Lots of authors are exploring the technology revolution that we were fortunate to participate in.

Books are coming this year, discussing it from various angles – comparatively with .com boom, the rise of entrepreneurship Europe, new entrepreneurship as a lifestyle, … It is no surprise to me, that the first book to actually publish is the one specifically celebrating NY tech community and agility and resilience.

Tech and the City became available on Kindle two days ago, and hardcopies are coming in April. I received the notification from the authors this morning, and already I’m half way trough it. It’s that good.

It starts with an amazingly inspiring foreword by Fred Wilson, which alone is worth the $2.99, as it perfectly outlines the mental model of the greatest city on the planet. After that, the book only gets better, weaving the story trough fragments of conversations with participants in the ecosystem, rather than lazily throwing together yet another series of interviews. This enables the book to read like a travel diary, rather than a self-hype-help business manual.

For the finish, the authors have collected a very comprehensive list of the NY tech ecosystem institutions – vc’s, events, co-working spaces and competitions. They have also published them on the official blog of the book.

It’s cheap and it’s short, and it’s awesome. Go read it and learn how you should be thinking about helping entrepreneurs in your cities / countries.

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Beware SXSW Networking Syndrome

March 11th, 2013 § 1 comment § permalink

I’ve been meaning to write a piece about networking events for a while now, and this article prompted me to finally do it today.

Beware SXSW Networking Syndrome | TechCrunch

“Wow! I’m wanted!” I thought to myself upon receipt. But after basking in narcissistic glory for a few seconds, my pride gave way to bemusement. For one, I’ve never met the sender. We’ve exchanged a couple of LinkedIn messages, but I don’t think that qualifies me as a close friend. And on balance the @Garyvee namedrop as a hook to entice the invitee felt more sad than enticing. But most striking, to me, was that this sender is not a PR person or event planner who trades in building social connections, but rather an entrepreneur whose startup I respect.We need this to understand how you use our service - you can take it out if you like. Cheers, your Blogspire team.

via: techcrunch.com

I have a problem. I totally grew tired of networking events recently. I just want to be in the office and talk to my team and occasionally help them close a challenging deal. but then i sometimes feel guilty for not spending every evening ‘networking’ and mingling on VIP events and such. how can that be?

whole industry flocking to SXSW for spring break is the greatest symptom of this mentality. forced fun i call it.

So i asked myself, why do entrepreneurs really go to these events? there must be a finite list of possible motivations, and i’d bet each of you, if being really honest with yourself can pick one that is the main driver. I could identify 5 phases in my own history:

  1. I wanted to tell everyone about this great new thing – we are makers, and we get excited about stuff we build, and want to talk about it. the more the merrier. until the novelty wears out, or you are successful and have to start working on other types of challenges related to growth.
  2. I enjoyed being part of the in-crowd – startup ecosystem does resemble entertainment industry, and today’s entrepreneurs are treated as rock stars in some respects. and attention is addictive and you do enjoy it. here, a lot of people are famous for 5 minutes, or sometimes 5 weeks or 5 months. nobody is famous for 5 years. though.
  3. I enjoyed meeting new interesting people – on every event you go, you will meet at least one very interesting person that will make the event worthwhile. and by interesting, i mean really interesting – doing something very compelling, thinking in special ways that inspire you etc.. but after a while, you realize you can only manage several hundred relationships anyway. unfortunately.
  4. I got business done there – strictly professionally speaking, you don’t have to have fun. you can just prey on prospects and partners and clients. works fine, but makes you pick the events very carefully. 
  5. ultimately, sometimes I felt it’s my job to go there. this was the worst, but actually made me notice the other four angles.

so these days, I don’t go to events if I can help it and I don’t go to SXSW, even though I know it would feel special, I would meet awesome people there and that I would do business. I still prefer working with my team on day-to-day challenges above all that.

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Launching RankWP.com

February 19th, 2013 § 10 comments § permalink

Screen Shot 2013-02-18 at 9.57.07 AM
I have a very special announcement to make, at least very special to me. i’m happy to be announcing the launch of a community project, that’s building on top of the WordPress Plugins directory, augmenting it’s default information about the plugin, with some never-seen-before data, that should make your decisions when evaluating plugins even easier. It’s called RankWP.com

I have been a blogger since 2004, ever since i installed my first WordPress, version 1.0 if i recall correctly. it was the hottest thing online back then, and one could argue, it still is. Also, the first product we ever released at zemanta was a WordPress plugin. of course we uploaded it to the directory, and rejoiced when we saw bloggers discover it, starting to use it, leave reviews and ratings.

one of the best features wordpress had, and still has, is it’s extensibility trough plugins. there is a plugin for just about anything you could think of, more possibly, there are several. for every wordpress-based site owner, testing various plugins is a regular, and fun activity. wordpress.org directory is like an app store for website owners, built in a true open-source fashion as an ever-growing and ever-improving repository of blogging goodness, where developers across the globe are building on top of previous efforts of likeminds.

with thousands of plugins available, it’s not always easy to find the best one for your needs. it’s easier if you know just how popular it really is, so we have built an algorithm that estimates the actual number of active users of each plugin. plugins also become more or less popular over time, so we started tracking their popularity rank and show you how it’s changing. both of these informations are available now for all the plugins for the first time.

Screen Shot 2013-02-18 at 9.56.49 AM

all these great plugins are built by people, and most developers publish more than one. we are happy to expose most successful developers based on the aggregate number of users of all their plugins. of course automattic’s own developers have a clear lead, but of the independent developers, Yoast is a clear winner. I’ve shown him an early version of this project and he was kind enough to say a few words for this announcement:

“For users to find new plugins, or better alternatives to plugins they’re already using, is really rather hard. RankWP seems to be a very good step in the right direction of allowing people to see what other people use, which plugins get installed and uninstalled more often and which developers tend to have good plugins. I hope they keep developing this as the community could really use this.” – Joost de Valk

you’re all cordially invited to take a look, send me feedback, suggestions, corrections. if anyone feels like helping, either coding or editing the content, you will be very welcome.

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we’re all made of math

January 25th, 2013 § Comments Off on we’re all made of math § permalink

English: Math is prerequisite to Ontology. Mat...

(Photo credit: Wikipedia)

reading a great summary of 17 equations that changed the world. great stuff, go check it out.

I love how each of these formulas captures en entirety of a part of our world into a simple 2-d graphic 🙂

however, there is one formula missing here, a rather important one. it’s an equation, that sums it all, well, almost everything. everything that we could have summed up so far in the history of science. the grand, unified theory of everything.

GUT is a theory that connects three of the four forces that shape our world. Only gravity is missing in this connection, before we can claim we really can model the world. and my mind was blown when i first realized that we can write it up into a single page-long formula. here it is, in all it’s glory.

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the economy of wordpress plugins

January 23rd, 2013 § Comments Off on the economy of wordpress plugins § permalink

there is a very interesting discussion going on about the emerging business landscape of wordpress plugins, between Evan Solomon and Pippin Williamson, and even Matt chimed in.

English: Matt Mullenweg during the conference ...

English: Matt Mullenweg during the conference WordCamp in San Francisco CA 5 August 2006 Français : Matt Mullenweg lors de la conférence WordCamp, à San Francisco, le 5 août 2006. Deutsch: Matt Mullenweg während der Konferenz WordCamp in San Francisco, USA am 5. August 2006. (Photo credit: Wikipedia)

they observe correctly, that plugins are becoming real businesses, however they feel that it’s not as serious as the themes business, nor that it ever will be.

while this is probably true if you consider only ‘custom plugin development’ and ‘premium plugin’ models, however there is another significant business model that emerged in the last years, that they are ignoring here.

for us at Zemanta, wordpress plugin has always been a core driver of adoption, and we’ve built a real business around it. but our business is actually software-as-a-service offering built on top of the plugin, rather than the plugin itself. the plugin is essentially a delivery mechanism, that is very efficient because most publishers are using a modular CMS, predominantly WordPress.org. but the real business value lies behind the scenes, in the cloud, where we can afford to process large amount of data.

I see business like ours grow tremendously over the past few years, and I see a lot of WordPress.org plugins being leveraged in this way – to deliver real value for the publishers, and enable diverse business models from utility, advertising and agency work, scale.

WordPress.org has built an impressive ecosystem, it’s tight integration of the CMS with the plugins directory enables SAAS models with almost frictionless infrastructure to customers (auto-updates, integrated discovery, security guidelines), but at the same time it’s sometimes limiting. it’d be great if WordPress.org was more aware of the needs of all constituents.

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slovenia’s national budget and open data

January 21st, 2013 § 2 comments § permalink

first, a disclaimer. in light of recent political events and unrests in slovenia, i’d like to stress that this post is not meant to take any sides. i’ll merely try to point out to a project that might otherwise go unnoticed.

English: Detail from Government. Mural by Elih...

English: Detail from Government. Mural by Elihu Vedder. Lobby to Main Reading Room, Library of Congress Thomas Jefferson Building, Washington, D.C. (Photo credit: Wikipedia)

last year, i’ve spend a couple of days reading our national budget. the purpose of the exercise was to find ways to create something not unlike the famous ‘death and taxes’ infographic. i was pleasantly surprised with the fact, that our budget is actually very well designed, with fascinating inherent structure of programs and spenders, but unpleasantly not-surprised, that it was published as PDF.

to create an infographic with such complex data, that should be rebuilt every year, one needs programmatic ways to process it. so i ended up parsing the pdf, with many silly problems on the way. but it worked, and i’ve published the broken-down version for the years 2010-2012.

that was in spring, and ever since i’ve been waiting for the new government to finally publish the budget that was supposed to govern us this year, so i could compare it with the old ones. i really resent the fact that the budget was kept unpublished all throughout the legislative process. i really feel it’s an insult to the citizens.

but, they finally published it last week, and to my great surprise, they’ve really made an effort – they published detailed explanations of each section, and, ta-da-da-da, we have machine-parsable CSV files as well!

i realize it’s not perfect, but it’s light years ahead of what we used to have to deal with. so, who’s up for some info-charting now? 😉

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first three things every new startup founder/ceo should know

December 17th, 2012 § Comments Off on first three things every new startup founder/ceo should know § permalink

This post was inspired by an entrepreneur who I barely know from one of my previous lives, who sought a meeting because he was put in a position of running a startup. While thinking about what to say to him in the first 30 mins, I realized that it really can be boiled down to a handful of core truths. everything else is a footnote, or tactics. 

startup-curve

So, you’re starting a startup with a couple of your good friends? there are only two ways you could have ended up in this situation:

  • you are so smart, that you never had to really think hard about what you are doing with your life. you go where it takes you and make it work in your favor, and have fun while doing it;
  • or, you’re so dumb, you think doing startups is fun because it’s fashionable and you want to be just like mark

I sure hope you’re of the first kind, or that you are at least smart enough, to recognize yourself in the second description and give up while you still can.

Odyssey

Odyssey (Photo credit: tonynetone)

If you’re still reading, I guess you really want to know what it takes to run a startup. For explaining startup management issues, I really like the Platonic metaphor of a Sailboat. I might explain this some other time in more detail, because for today, we just need to be aware of the Guiding Star – when you are in the middle of the sea, without GPS, and with a couple dozen crew member who’s fates depend on your judgement, it clearly is important that you know which direction to sail to reach the destination.

It is no different in a Startup. you start a startup, because there is something tangible in your mind, that you need to make tangible for everyone else – a vision / an idea, that you see clearly, and can imagine how to do it. that’s your Guiding Star. thinking of that idea gives you strength to move forward, and to think creatively about shortcuts. discussing that idea makes other people join you on the journey, because of your ability to paint it so clearly for them, that they can see their role in getting to the end.

so here’s the heart of the advice for any first-time founder of a startup: never ever loose your Guiding Star. if you stop being obsessed with it, just stop.

Robin Klein taught me a version of this statement: “the main thing is to keep the main thing the main thing.” the flip side of this statement is, that it is better to kill the startup, than to keep working on it without the inspiration of the Guiding Star. Here’s why: as Fred says, a startup CEO has only three jobs to perform:

  • communicate the vision, internally and externally
  • assemble the best possible team to execute on that vision
  • secure the resources the team needs

I would argue that if you have your Guiding Star – if you can really feel your vision, if thinking of it is making you do things rather than sit still – only then will you be able to communicate the vision. and if you can do that, you will assemble the team, and convince the investors needed to succeed.

inevitably you will choose the wrong direction sometimes. and you will be running short on cash. you will have to do hard practical decisions. but if you have the Guiding Star in front of you, the decisions will make sense, so they will be infinitely easier to make. even if you run out of cash completely, and you are forced to kill your company, if you do that while knowing what you believe in, it’s not a failure, it’s just a learning experience.

and lastly, one thing that has nothing to do with you or your idea. Odyssey needed 10 years to return home, and that’s exactly what you are signing up for – assume your startup will consume you as a whole for 10 years. keep that in mind while you are deciding to start it, and while you are doing your everyday decisions. only if the idea is such, that it would still make sense for you in 10 years time, than you can consider it.

good luck.

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Demonstrations in Ljubljana: Carnations, Neo-Nazis and a Water Cannon

December 3rd, 2012 § 6 comments § permalink

serious large scale demonstrations are going on in my home town last few days. the last time so many people gathered in protest was before we joined nato, in the height of anti-globalism movements of 2001. unfortunately it’s not that simple this time.

Demonstrations in Ljubljana: Carnations, Neo-Nazis and a Water Cannon

Bob at Piran Café blog in Slovenia shares this photograph in the Boing Boing Flickr Pool. On his blog, he explains: This [photograph of a policeman behind a riot shield] was taken at about 6 pm last night, shortly after protesters were giving carnations to police officers stationed in front of Parliament.

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via: boingboing.net

these demonstrations have nothing to do with neo-nazi’s, political disagreements or economic recession. they are just about people finally understanding that disillusionment is nothing without action. so far we assumed that politicians are paid to do a job of managing the country, just like profesional managers.

one thing that foreigners can’t understand from reports about neo-nazi groups in the otherwise quite city is that slovenians are normally very serious about in-activity. they should have protested any number of times in the last decade, or at least vote for different people the last 5 times they had a chance.

but they didn’t. they know the democracy doesn’t work, so they don’t bother with elections. neither they would bother with coming forth with plans to improve parts of it. instead they would complain a lot, and look at the most promising new european country flounder. slovenians have proven to be very good at feeling helpless.

we didn’t have corrupt elections yet, people actually voted for corrupt majors. some voted for them because they don’t know better. the others didn’t bother going to elections, or engaging in actions / conversations that would raise the profile of counter-candidates. it’s a pattern we have seen over and over again in our history of elections – rule of thumb is 30% voters turn-up is guaranteed, and 60% of them will vote for the commonly recognized worst option. dare to count how many times this was deemed ‘majority’ ? dare to guess how representative this sample is?

so getting 10k people on the streets is a great success, and hopefully a sign of changes to come. this post is more intended for fellow readers in slovenia, who are very good at amplifying opinions, but i’d like to provoke you to actually fucking do something. vote, vote more carefully, talk about issues when there is time to do something about them.

i wouldn’t even ask the next complaining slovenian: “and what did you do to make things better?” – they wouldn’t get it. the right questions is: “and what have you not done to contribute to this mess?”

entitlement, achievements, attribution

September 4th, 2012 § 4 comments § permalink

 

“It is amazing what you can accomplish if you do not care who gets the credit.” Harry S Truman, 33rd president of US (1884 – 1972) source

I heard this quote a while ago, and was shocked by how accurate it is, and how overlooked it is most of the time.

One reason is probably, that everybody likes to be patted on the back. But if one needs it all the time and publicly, it creates some friction in the system, that slows everyone down. That friction comes in the form of envy, being secretive, not helping ‘just because’. In short run it gives some emotional satisfaction, but in the long run, the one’s vicinity is slowed down compared to other communities.

On the other hand, there is a trap for those who don’t pay attention. This quote reminds me somewhat of another one:

“If a tree falls in a forest and no one is around to hear it, does it make a sound?“

Which I think sums up the fear of the person affected quite well – if I don’t take credit, I’ll never have anything. A naive response to this is the one that we described earlier. Smarter response is being humble, but keeping a close watch on actions of others, and preempting situations in which the reality might become permanently distorted.

Clarity and transparency is what everyone should be fighting for, not individual’s achievements.

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