Tag Archive: Sean Parker


“A million dollars isn’t cool. Do you know what is cool? A billion dollars,” – Justin Timberlake playing the role of Napster founder Sean Parker in The Social Networkseanparker

There are problems in America, and much of those aren’t about the sharing economy. Income inequality is rising, and the middle class isn’t better off than they were a decade ago. We don’t need government investment, and we can provide a solution.” – Brian Chesky, Airbnb co-founder to USA Today

We all have a choice: We can either hate or we can celebrate.

We can resist change and inevitably fail or we can embrace the future.

There are very few that make it to the vaunted three comma club, those with 10 or even 11 figures as their cumulative assets. Nobody has made it to the 12-figure mark … yet.

There are oodles of millionaires, but reaching the billionaire or the three comma club as Justin Timberlake as Sean Parker ($2.6 billion) offered to Facebook’s Mark Zuckerberg ($33.4 billion) is quite a different story.

Some may try to dismiss the select membership of the three-comma club, contending the majority of the wealth was inherited and thus represents just another indicator of income inequality. This contention for the most part is not correct.

For the vast majority of billionaires, as opposed to mere millionaires or multi-millionaires, the difference lies with what Harvard Business Professor Clayton Christensen proclaims as “disruptive technologies.”

Under Christensen’s theory, existing corporations usually have the edge when it comes to sustaining innovations (e.g., one generation to the next generation; one model to the next model). When it comes to “disrupting innovation,” the advantage lies in the hands of new entrants/first movers into the marketplace. That is where we typically find new members of the three comma club.

Taking a gander at the Forbes annual list of billionaires, one finds Bill Gates in first place at $79.2 billion. Were Bill Gates and Paul Allen ($17.5 billion) game changers? The question almost seems silly. Microsoft became THE software side to the PC equation with its novel Windows operating system and its Word-PowerPoint-Excel business suite. Intel (e.g., Gordon Moore, $6.9 billion) provided the other half of the Wintel monopoly with its Pentium processors.windows10

Joining the celebrated three comma club is an incredibly difficult proposition. For the most part, it means the new member came up with a novel idea that changed not only the rules of the game, but society itself.

Jeff Bezos at $34.8 billion was the driver behind first-mover, digital-retailer Amazon, which transformed the way the world shopped with its long-tail strategy (e.g., 99 percent of all of Amazon’s inventory is sold at least once a year to at least one grateful consumer). Jack Ma of China’s Alibaba ($22.7 billion) is attempting to do the same as 400 million of the Middle Kingdoms’ population moves up into the middle class.

Mark Zuckerberg ($33.4 billion), the subject of the aforementioned The Social Network, invented Facebook in his Harvard Kirkland H-33 dorm room just 11 years/1.4 billion subscribers ago. Facebook has changed how we instantaneously transmit to friends and family the exciting (or not so exciting) developments in our daily lives.

Google co-founders and former Stanford students Larry Page ($29.7 billion) and Sergey Brin ($29.2 billion) pioneered the world’s dominant search engine, another first-mover victory, as well as the Android operating system for mobile devices.google1

Elon Musk (a mere $12 billion) is attempting to make climate change neutral electric cars a reality for the middle class with his publicly traded Tesla. And if that was not enough, his privately held SpaceX is delivering payloads into orbit for NASA.

Disruptive Technologies

“Change is the law of life and those who look only to the past or present are certain to miss the future.” – John F. Kennedy

It’s not the progress I mind, it’s the change I don’t like,” – Mark Twain

Are there those out of sheer jealously, who don’t like reading or hearing about billionaires? Yes indeed. Do some people rationalize these monetary gains as being ill-acquired? Yes again. And then there is the disruptive part of the equation.uber

There are those with mobile devices with time on their hands and cars that can be put to work. Hello Uber and its $50 billion in market valuation. And who is negatively impacted? The cab industry and their drivers, who would be well advised to be fairer and nicer to their riders.

And there are those with mobile devices with houses and rooms to rent, reaching out to those around the world, who just want to couch-surf. Hello Airbnb and its $25 billion in market valuation. And who is negatively impacted? The hotel and motel industry, which soon will be facing downward pressure on its pricing model as a result of expanding supply.Airbnb

For Uber, Airbnb and other privately held “unicorns” (i.e., Snapchat, Pinterest, Dropbox), they are forcing change onto those who do not want to change. The forces of inertia have powerful allies (e.g., New York Attorney General Eric Schneiderman). These change agents need effective public relations, marketing and branding to help the on-demand economy to succeed and for society to advance.

Let the storming of the barricades continue.

http://www.usatoday.com/story/tech/2015/08/19/airbnb-ceo-brian-chesky-change-agents-company-targets-new-growth-opportunities/31888851/

http://fortune.com/brian-chesky-airbnb/

http://www.forbes.com/billionaires/list/3/#version:static

https://almostdailybrett.wordpress.com/2015/07/22/attacking-uber/

https://almostdailybrett.wordpress.com/2015/06/14/war-on-wall-street/

https://en.wikipedia.org/wiki/Sean_Parker

http://www.claytonchristensen.com/key-concepts/

https://almostdailybrett.wordpress.com/2012/01/16/in-search-of-another-suite-h33-kirkland-house/

 

 

 

 

“Steve Jobs was on the phone to the editor of Gizmodo, saying, ‘Give me my f…ing (iPhone 4) phone back…Our purpose is to get information out quickly according to our schedule, not according to his (Jobs’) schedule.” – Nick Denton, “Gawker Media” founder and owner.

iphone4

“If you guys (Winklevoss twins) were the inventors of Facebook, you’d have invented Facebook.” – Mark Zuckerberg as played by Jesse Eisenberg in the “The Social Network.”

“I took an oath to support and defend the Constitution. And I saw the Constitution was being violated on a massive scale.” – U.S. fugitive Edward Snowden to the SXSW Interactive Festival.

“Thou Shalt Not Steal. “ – From the 10 Commandments.

If someone broke into your house and stole your hard-earned cell phone, HDTV and precious jewelry with deep-sentimental value, what would be your reaction if certain segments of society actually cheered and applauded the perpetrator?

And would it be totally uncool, if you reported the theft to authorities and shared your suspicions about the culprit(s)?

Or would you just be expected to shake it off, grow a pair (as mumsy-in-law would say) and maybe attend a techy/music conference to cheer-and-hail the thief who stole your intellectual property? Would he now be your personal hero?

Maybe the issue is that certain people truly believe that intellectual property — especially IP researched, developed and safeguarded by government or corporate — doesn’t deserve protection at least in the eyes of those who detest and loathe the “military-industrial complex.” Besides they are way smarter than the rest of us anyway. Just ask them.

Watching the YouTube video and reading media reports of Snowden speaking from autocratic Russia with the U.S. Constitution as his backdrop to hundreds of cheering techies at the South by Southwest Interactive Festival (SXSW) in Austin, one is struck by the irony that Snowden is the ultimate “wanted” man as in wanted for espionage and outright theft of government property.

snowdenSXSW

And yet he is protected in Russia by Vladimir Putin. Yes, the very same Vladimir Putin who helped himself to Crimea. Oops…Almost forgot…Crimea voted overwhelmingly to “voluntarily” join Russia. Let’s see: Snowden steals from America; Putin defies America and many others as well. Got it?

Here is another irony: Steve Jobs is revered, particularly by those who never worked for him, as the greatest technology genius since Albert Einstein. But when the prototype of the iPhone 4 ended up in the hands of Gawker Media’s Gizmodo? Well that’s just tough, Steve. Sorry.

Is this IP-be-damned trend a natural outgrowth of Sean Parker and Napster when it came to music that was written, practiced and recorded, and then heisted, uploaded-to and downloaded-by hundreds of thousands at no cost? The members of Metallica didn’t think it was cool for thousands to pilfer their music, which they regard as their heavy-metal intellectual property.

And now there is even a political movement (die Piraten or the Pirates) in Germany, which basically contends that intellectual property, including the semiconductors, software, search engines, fiber-optic cables, PCs, wireless devices, satellites, which form the basis of the Internet are a basic no-cost human right. Forget about the literally billions that has been poured into governmental and corporate R&D, closing the “digital divide” takes precedence.

pirates

And those 10 Commandments that supposedly were handed down to Moses, including Thou Shalt Not Steal? Well, they are just so yesterday.

Working for a decade as the director of Corporate Public Relations for LSI Logic Corporation, I came to deeply appreciate the proprietary nature of the company’s library of silicon/software intellectual property building blocks (e.g., processors, memory, logic, I/O ports).

We built the first critical processors for Sony’s first two generations of the PlayStation. Without our intellectual property, which either had to be developed, acquired or licensed at great cost and effort, we would not have been in the game. As it turns out, the Sony PlayStation deal was one of the most celebrated design wins for American suppliers, right smack in the middle of a major trade dispute with Japan.

Our legal department constantly reminded us about the need to include the hard-earned ®, ™, and © icons. These are all forms of intellectual property protection, and draw their origins back to Medieval Venice. And today, they are the subject of breathtaking lawsuits and judgments, including Apple winning a $290 million patent infringement judgment against rival, Samsung. Steve Jobs was most likely smiling from heaven.

And speaking of heaven and hell. We were taught to simply don’t steal. And don’t smokescreen theft with deflection discussion of individual liberties and cloaking yourself in the U.S. Constitution. What belongs to you belongs to you. And what belongs to someone else belongs to someone else.

This concept seems so simple and straight forward. Right?

http://www.hark.com/clips/vjljkvbhwl-inventors-of-facebook-you-would-have-invented-facebook

http://en.wikipedia.org/wiki/The_Social_Network

http://www.cnn.com/2014/03/10/tech/web/edward-snowden-sxsw/

http://en.wikipedia.org/wiki/Sean_Parker

http://en.wikipedia.org/wiki/IPhone_4S

http://en.wikipedia.org/wiki/Pirate_Party_Germany

http://en.wikipedia.org/wiki/Ten_Commandments

https://almostdailybrett.wordpress.com/2013/07/11/pr-advice-for-edward-snowden/

http://en.wikipedia.org/wiki/Patent

http://www.uspto.gov/trademarks/basics/definitions.jsp

http://www.usatoday.com/story/tech/2013/11/21/jury-awards-apple-290-million-in-patent-dispute-with-samsung/3644555/

 

 

 

 

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