Kamis, 10 Oktober 2013

A Sign of the Times -- Iconic Tower Records on Sunset Blvd. Now a Halloween Superstore

Two nights back, I attended a book launch/signing event for “divorce lawyer of the stars” (and longtime friend) Laura Wasser (who is a true classic in every sense of the word).

As I drove down famed Sunset Blvd. in West Hollywood, I noticed that the famed Tower Records building -- a West Hollywood icon (and music business beacon) for years and years -- has now been transformed into a Halloween superstore.  Of course, with the demise of CDs, Tower Records closed several years back.  But, the symbolism of this latest transformation was not lost on me.  I wish I had taken a picture to share with you as I drove by.

Downright scary ....

Rabu, 09 Oktober 2013

What Is Digital Media? IN VIDEO

Just watch this 2 minute video.

And here is the extended version -- for those of you with an attention span longer than 2 minutes (and which rewards you with double the factoids).

Kamis, 03 Oktober 2013

Rome -- A Full Experience in 2 Days

The Siemer digital media conference is happening now.  My company, Manatt Digital Media, is THE primary sponsor.  I should be there, but am not -- for the only reason (in my view) that justifies it -- that is, a once-in-a-lifetime family event.  I literally am on a train right now from Rome to Milan (and then to Siena) for the wedding of one of my brothers-in-law.  (If you want a digital media connection to this post, that’s it -- am blogging via wi-fi on the EuroStar train to Milan.)

My family and I departed from San Diego late Sunday night -- transferred at London Heathrow (which was a security line nightmare) -- and then straight to Rome (with Hugh Grant on our flight).  We just finished 2 full days in Rome (3 nights) -- and we did it right.  Can’t imagine seeing or experiencing more in such a short period of time.  And felt that it was just the right amount of time.  Doesn’t hurt that my wife, Luisa, was born in Milan -- speaks fluent Italian -- and that we have close family living in Rome that helped introduce us to some key “finds.”  It also didn’t hurt that we had amazing weather -- including temps of about 72 degrees -- the entire time.  Our insights (and “finds”) likely can help you optimize your trip to Rome.

Here are my recommendations for a full Roman experience in two days.

First, where to stay.  I recommend the Trastevere area of Rome -- that is where the cool and most lively (and less tourist-y) restaurants and nightlife is.  Trastevere is located in an area that is conveniently located amid most of the sites and areas you want to see.  We stayed there in a nice cost-effective hotel the WorldHotel Ripa Roma) -- where a nice buffet breakfast was included (which was a plus for this hungry famiglia).


DAY 1

Start off at the Colosseum -- yes, the Colosseum (there we are in the picture on the left).  Of course it is packed with tourists.  Of course you will be accosted by a few brutus-like (and likely drunk) Romans dressed up like gladiators.  But the Colosseum also is an absolute “can’t miss” experience.  Our kids -- Hunter (almost 14) and Luca (almost 11) -- needed to see it (we have been to Rome several times previously, but they were too young at the time to really experience it).  This time we did.  We also did the unthinkable (for Luisa and me) -- we took an official guided 1.25 hour guided tour -- and it was outstanding.  Absolutely the right way to go.  Yes, we paid a little more.  But it was well worth it.  First, we bypassed the entire more than 1-hour line to get in.  And, second, we learned -- really learned -- about the Romans, how they built the Colosseum (from the years 72-80 AD), and what life was like in the Colosseum.  Without such context, a site visit would be “hollow.”  Yes, you would know that the building was an incredible feat of engineering.  But, that’s about it.  Take the tour.  Trust me.  But, make sure it is an official one.

Then, off to Piazza Navona for a late lunch.  Another site packed with tourists, but for good reason.  It is perhaps THE quintessential Roman square.  Soak it up (along with some pizza and wine).  And then leave.

A short walking distance from Piazza Navona stands the Pantheon -- the massive stone dome of which continues to amaze every time I see it.  It is another “must see.”  Continuing onward, stop -- if you must (we did, but don’t think you need to) -- at the famous Trevi Fountain in Trevi Square.  Toss your coins in and then be thankful that your wishes of walking away from the throngs have come true.

Continue your walking tour to Piazza di Spagna and the famous Spanish Steps -- and go shopping along the way (we did).  Once you get there, sit down, soak it up, and simply enjoy the people and energy of the place.  Think of it as the Montmarte/Sacre Couer area of Rome.  From the very top of the steps we experienced an incredible sunset.  (There we are on the right -- on the Steps - taking a group “selfie” with my iPhone 5; below is that incredible sunset from the top).

We didn’t end the evening there though.  We returned to our hotel briefly to re-group, and then off to a new up-and-coming trendy area near Trastevere in which there is a new Eataly (the incredible Italian mega-market that now has a global presence -- in New York, Japan, elsewhere).  We first ate at a new hot spot restaurant nearby with our close relatives (sadly, I don’t recall the restaurant’s name), and then we roamed the cavernous confines of Eataly (all five levels of it).  We finished the night with gelatto, still being served at midnight.  At that point (pictured below with Luisa’s aunt Dianna), we were virtually alone.

THAT is a complete day my friends.  An amazing day.  Follow that itinerary and you will be very very happy.  And, shockingly, you won’t feel rushed.  We took our time.  Trust me, we ate and engaged.  It was classic.

DAY 2

Off to St. Peter’s Square in Vatican City to kick off yet another beautiful day in Rome.  Our timing was off, however, because we arrived at the Square literally as the Pope’s Wednesday mass for the masses had ended.  Yes, that would have been memorable, but we didn’t dwell on it.  We walked the grounds on this beautiful day, and then we were off to meet my father-in-law for lunch near Piazza Navona.


We walked the entire way (not too long), and THAT is the best way to experience Rome.  Take the winding and incredibly narrow alley ways toward the general destination location -- but feel free to wind in and out.  We did.  And, that was some of our best “finding” of restaurants.  We ultimately made it to Navona and the adjacent square where we met Aldo, but walked back to one of those authentic restaurants frequented by the locals in one of those winding streets that we had walked.  Another classic experience -- a relaxed lunch punctuated by a bottle of wine.  The only way to go.


Ultimately, we returned to Eataly for some amazing cappuccino -- and to relax some more.  Do we then return to the hotel to rest before dinner?  Of course not.  And, don’t do it!  Instead, do as we did.  Go to Trastevere -- go directly to Piazza Santa Maria.  (That is where we are in the picture on the right in another group “selfie” that defines our mood as we experienced all of the sites and sounds around us).  And then stay there.  Wander there.  People watch there.  Experience the kitsch there.  Experience the beauty there.  Eat there.  Drink there.  Enjoy there.  We stayed there for about 3 hours -- and enjoyed every relaxed minute of it (including separate card readings for our two kids in which their full futures were revealed!).  (That experience is captured in the picture below).  THESE moments in Trastevere were perhaps THE quintessential moments of our trip.


Two full days.  Saw much.  Experienced more.  Ate too much.  Savored it.

Now, our train is moving ever-closer to Milan.  Time to close the laptop and enjoy the beautiful scenery.

Jumat, 27 September 2013

The NYC Digital Media Startup Scene (& 2 Companies to Watch)

Am flying back from NYC to SoCal as we speak, after spending the past 4 days there in meetings and events.  All related to digital media.  This trip, once again, reinforces how vibrant the NYC entrepreneurial community is (no surprises there) and how important to such vibrancy is a sense of real entrepreneurial community and collective action/motivation.

Two data points that drove this point home.

First, I visited our good partner WeWork’s newest NYC home downtown near the World Trade Center memorial.  It just opened one month ago, and it already is packed to the gills (this picture below to the left captures the scene).  The energy and creativity are palpable.  It is impossible for any real human being to not be inspired by the collective passion reflected in that sea of Macbooks and farmers’ tables (and as the smooth wafts of lattes filled the air).

Second, my partner and Chairman of the Manatt Digital Media group, Hale Boggs, and I hosted our 3rd Digital Media Meetup in the Biergarten of The Standard Hotel in the meatpacking district this past Tuesday night (the picture to the right shows the two of us and Hale’s son, Andrew, who is on the left).  Each one of these meetups gets bigger.  Each one lasts longer.  And an increasing amount of suds are poured (together with the brats necessary to be washed down).  Once again, the overall “stew” was quite electric -- a melange of entrepreneurs, venture capitalists, writers, philanthropists, filmmakers, agents.   I heard from several after that real meaningful connections were made.  And, that’s what it’s all about, apart from also simply being a call-to-action to celebrate our shared passion for innovating in the media and technology space.  These are the innovators.  This rubbing of shoulders is an important way that “it" gets done.  This kind of thought exchange are the bread crumbs that lead to the promised land of ingenuity and, ultimately, to solutions.  It’s also simply cool to do it in the Biergarten of The Standard Hotel on a gorgeous September night!

On this trip, I also visited with several digital media startups.  Two of my favorites that I have tracked for quite some time are in one of my favorite areas of focus -- music.  First, Mixify.  Great pedigree of music investors/advisors.  Passionate and talented CEO, David Moricca.  Disruptive vision (in the most positive ways) for the EDM world -- combining virtual/online events in an otherwise venue-only based world (a theme about which I have frequently written).  Second, Rukkus.  Again, passion exudes from the pores of the founding fathers Joe Messineo and Manick Bhan.  Their aim is to have a better -- transformative -- ticketing platform for live events.  Essentially, to beat StubHub and others at their own game (both from a user experience perspective and via Rukkus's proprietary ticketing algorithms that take ticket feeds from all sites and optimize your seating based on the price you want to pay).  The service also is a live music recommendation engine -- you pick the city, they’ll show you all the shows (big or small).  Intriguing.

Check them both out.

Selasa, 24 September 2013

Fred Krueger -- 8 Exits (Of 10) -- An Entrepreneur You Should Know (& His Next “Big Thing”) -- My Interview

Serial LA-based entrepreneur Fred Krueger -- a name you may not know.  But you should.

Krueger has started 12 companies.  8 of them were highly profitable and successfully exited, including his most recent success with ad-tech company Gradient X (others included Adconian and iWin).  2, in his own words, were “complete disasters.”  And, 2 are still pending -- including his favorite, Needly, which empowers anyone (yes, anyone) to create beautiful and professional websites.  Fred expects Needly to become his biggest success yet.

I sat down with Fred last week -- and we had a free-wheeling conversation about Needly, entrepreneurship in general, and his thoughts about “the next big thing.”  I found him to be incredibly open and passionate (including our shared passion for music).

Let’s start off with Needly.

Fred tells me that it is his real baby -- in which he is “all in.”  He explained that web publishing is now primarily one-to-many for multi-media content, and he sees the future being “many to many” -- moving beyond text and still images to rich immersive content.  Some of that “many to many” content will be private.  Some will be public.  But, all will be drop-dead easy to create with Needly.  Not only does he believe the market opportunity here is “big.”  In his words, it is beyond big -- “it is YouTube style big.”  Needly is Fred’s singular focus right now.  One thing he has learned -- one of his many lessons of what it takes to be a successful entrepreneur (more on that below) -- is that such singular focus is essential for success.  “If you try to do two things you’re really hurting yourself.  One is the right number.”

So, what’s the next “big idea” (and massive market opportunity) that Krueger sees for the next 5 years in the tech world (apart from democratized multi-media web publishing)?

Fitness and wellness, that’s what.

In Fred’s words, “it’s clear to me that technology can solve this” -- “this” being the health crisis we face in this country.  It’s not just about the usual apps like Fitbit and Jawbone, though.  It’s about significantly more deeply monitoring your health, fitness and wellness progress.  This kind of immersive monitoring requires more than just the technology element (although that too is essential).  Seizing this massive market opportunity requires the “human element.”  And, this human element includes both: (1) your own personal dedication (he highly recommends writing a daily journal about the choices you make, because writing it down really forces personal reflection); and (2) wellness counseling from live human beings (who scrutinize your ongoing metrics in regularly scheduled in-person meetings), as well as a good dose of peer pressure from those near-and-dear to you who likewise have access to your ongoing metrics because they care about you -- and want you stay on track) (you can, of course, make your metrics available to your personal trainers, doctors, and others as well).  It is what he calls the "feedback loop" that is essential to do it right -- and truly transform lives -- and it is this critical feedback loop that Krueger believes is currently missing.  Krueger envisions an Apple store-like wellness experience for those regularly scheduled consultative sessions to fill that void, something I can absolutely envision myself as he explains it.

So, I ask, why doesn’t Krueger pursue this vision himself, since he certainly has the means and cred to go for it?

This gets back to his fundamental teaching of entrepreneurial focus described again.  As excited as Krueger is for this fitness and wellness market opportunity, he tells me he “is even more passionate about web publishing.”

Finally, what are Krueger’s lessons for entrepreneurial success apart from the need to be absolutely focused and “all in” on one idea at a time?

(1) don’t start something you aren’t completely passionate about;
(2) don’t assume you can disrupt a major incumbent leader by just adding more features;
(3) do stick with something you know about (Krueger sticks to ad-tech);
(4) it’s the people stupid -- “the number one determinant of success is people”; and
(5) have money (you can never have enough cash to build).

Words of wisdom with which I wholeheartedly agree.  Of course, Krueger is a uniquely powerful messenger to deliver this message.  Few have had as much consistent entrepreneurial success.

I can’t think of one ...

Senin, 23 September 2013

New York State of Mind -- Hosting Digital Meetup Tuesday Night

Am literally at the San Diego airport as we speak -- flying this morning to New York.  Events and meetings all week, including honoring Eric Tveter tonight (my former Chairman at my former company SightSpeed that was acquired by Logitech in 2008 -- and big-time cable exec).

And, tomorrow night -- Tuesday, September 24th -- my company, Manatt Digital Media, will host its third NYC Digital Media Meetup in the Biergarten at The Standard Hotel.  Very informal.  Great mix of digital media enthusiasts, including entrepreneurs, venture capitalists, reporters, artists.

Always fun.  Always connecting.

Reach out to me via LinkedIn if you would like to attend, which we intentionally keep quite small so that conversations can be quite big.

Kamis, 19 September 2013

Kiosked - A Company to Watch - Just Announced New Round of $6.9M

Kiosked is a compelling new ad-tech company launched in Finland, but now with substantial new business operations in the U.S.  The company adds real immersive interactivity for meaningful and “value add” brand engagement (Venturebeat ran a feature story about the company yesterday which explains the overall consumer and marketeer value proposition very well).  I just watched a demo at the company’s LA-based offices the other day, and I liked what I saw.

Clearly, others do as well.  Blue-chip investors are behind this company, which announced a major new round of financing -- $6.9 million -- just yesterday.  Check out this “who’s who” list of major investors -- world-renown live event producer Kevin Wall (whose company, Control Room, produces some of the largest live events in the world -- including the Live Earth concerts), Kaj Head (who runs Rovio, the company behind “Angry Birds”), John Lindfors (of Digital Sky, an investment firm that was a major investor in Facebook, among others).

Definitely a company worth checking out -- and reflecting the continuing growing vibrancy of the LA digital media/ad-tech entrepreneurial scene.