Does Silicon Valley Have a Public Relations Problem?

August 24th, 2012 § 2 comments § permalink

 

Amazing how we never see opinions like these coming from within Silicon Valley itself.

Does Silicon Valley Have a Public Relations Problem?

Silicon Valley is facing an image problem. Facebook didn’t even leave the Valley to ring the opening bell on its tragic IPO, and that was after spending $1 Billion on Instagram. Meanwhile Zuck’s sister is shooting a “reality” show in San Francisco and calling it… well, reality. Let’s not forget the Angry Birds movie, either.

the media in Silicon Valley needs to stop regurgitating the same stories to the top of Techmeme every day. Secondly, focus on BIG problems – stop saturating the media with acquisitions like Instagram which do nothing to actually change a significant problem in the world. Finally, look to the established giants who are solving the world’s most important problems – from healthcare, to politics, to green energy and education.

 

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via: blog.loispaul.com

I agree almost completely, the valley as a business hub is becoming more about efficiently moving pieces of paper, than solving next greatest problem of the world. They are starting to resemble entertainment industry of south California.

One thing that we should see as their achievement and contribution to the world though, are numerous frameworks and recipes for reducing friction in entrepreneurship. Everyone around the world knows about the lean startup now, and it is helping to unleash new talents in other places.

Not sure why I’m remembering Monty Python right now.

 

putting instagram into perspective

May 19th, 2012 § Comments Off on putting instagram into perspective § permalink

it’s always wise to check and keep in mind data from the wider field, not just the outlier. everyone fascinated by instagram and facebook should know all these other acquisitions by heart before talking about ‘the bubble’:

Instagram’s Buyout: How Does It Measure Up?

Instagram’s billion-dollar sale to Facebook raised eyebrows yesterday, renewing cries of a new bubble. But relative to other major acquisitions of the past, how does it measure up? I crunched the numbers, pulling together data from a selection of 30 notable internet acquisitions over the last ten years, from Broadcast.

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via: waxy.org

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