2012 Predictions From a Futurist

2012 Predictions From a Futurist

Writing predictions is always/never fun, because you take a moon shot in advance and can always turn out to be wrong. That being said, I try never to predict things I don’t already know something about, and then I try to spread word about what’s coming to people who aren’t expert in what I’m predicting. For that reason, some of my predictions can appear out of the mainstream. What a surprise.

 

1) The success of Louis CK‘s unusual distribution strategy will once and for all change the publishing and entertainment industries. Right now, the publishers are wildly trying to control the distribution of content with legislation pending in Congress. Let’s assume it will fail, as there are petitions all over the internet to fight SOPA (otherwise known as the Stop Online Piracy Act HR3261) and its sister in the Senate. By the time you read this, the chips will probably have fallen one way or another on this particular attempt to screw up the internet by people who don’t understand it, but the legislation won’t matter, because of Louis CK.

 

Louis CK is a comic who had a hilarious show on HBO that later went to FX. He decided to produce a single ”

concert,” or whatever you call it when a comic stands up there and is funny in front of you, and distribute it himself over the internet. He offered it free, suggested a $5.00 donation, and made $750,000 profit after covering his $250,000 costs. He keeps all that profit. He shares it with no “label,” publishing company, network, or whatever. HE and WE are the network.

 

This will continue to happen. Once content goes from atoms to bits, “piracy” can’t be stopped, and neither can the worker (Louis CK) owning the means of production. Louis CK is now a publisher. There’s a train moving in a certain direction here, and  many lawyers and even creators think that standing in front of it and waving their arms in fear about the coming trains wreck will stop it. No way.

 

2) Just as Mark Zuckerberg and Eric Schmidt changed our views about social privacy, the number of data breaches this year will make people think twice about the privacy of health records. This year more than any other has been the year of electronic health records, and most of the small physician offices that installed them with ARRA (Stimulus) money are just figuring out how to use them. These providers have consultants, and some of these consultants are already privy to patient information, and bound by HIPPAA rules. But laptops get lost and stolen, physician staff turns over, and our records are not secure, no matter what anyone says. In fact, the only person who has real trouble getting access to medical records is the patient, who has to sign forms to receive his/her own data.

 

We are going to learn to live with our health information being “out there,” both intentionally and unintentionally.

If you are a patient with a serious or chronic condition, you may already have chosen to put it out there by joining a support group or a site like Diabetes Connect or Patients Like Me. You may also be monitoring your weight or blood pressure with a Withings scale and an iPhone app, wearing a Fitbit or a Jawbone. Slowly, we are learning to reap the benefits of sharing our health information and crowd sourcing our treatment plans.

 

 

3) The global startup movement will continue to accelerate, even though the funding for companies that need follow-on rounds will dry up. My friend Mark Suster from GRP Partners predicted that 2012 would be a “shitstorm” for startup companies seeking more money for expansion. There are several reasons for this. First, angels and VCs have funded too many of the same thing. Some of the clones will have to disappear. Second, VCs are having trouble raising funds because their institutional investors (pension funds, university endowments) are still reeling from losses in 2008 and have lost the taste for alternative investments. Nevertheless, there are now enough incubator/ accelerator programs in most cities to provide a richer ecosystem than we had five years ago, or even three. And since capital will come where there is a good deal, even states and countries without indigenous VC communities will get noticed.

 

4) Rapid fire technological change in health care  will taken place in advance of “Obamacare.” Obama’s health plan may not be ideal, but it has done something I have been waiting for. It has shaken up the industry and forced it to consider new business models and ways to deliver service. Both insurers and providers are facing about 32,000,000 formerly uninsured patients, coupled with the need to spend 80% of premiums collected on actual care. Look for (finally) the rise of technology in remote patient monitoring and wellness incentives. Look also for an increase in primary care docs, retail facilities that treat non-urgent illnesses, and fewer conversations with the actual doctor, who will become the medical director of her own practice. And employers are already beginning to penalize  us for some health conditions like high blood pressure or smoking, shifting a larger percentage  of our health insurance premiums to us. There’s an amazing amount of activity around using technology to produce behavior change. Let’s call this human engineering.

 

 

Enhanced by Zemanta




Amplify

Silicon Valley Envy Plagues World Capitals

Silicon Valley Envy Plagues World Capitals

Well, it wasn’t GeeksonaPlane, but the past ten days have given me another lesson on the global startup culture. I spent three days in Paris at LeWeb, and then a week in London. And everywhere it is the same: smart, wonderful people with good ideas and Silicon Valley envy.

Anywhere outside Silicon Valley, for all intents and purposes, is Phoenix. By that I mean the people think they lack something only Silicon Valley can provide. They either want to be in Silicon Valley or they want Silicon Valley capital and mentorship in their city. Never mind that people are now leaving the Bay Area faster than they are moving in because of high housing costs, poor educational systems, diminished quality of life, and inability to compete with their more successful neighbors (few people in the Bay Area feel rich, satisfied, or happy)

.Fortunately, I am both part of and apart from the Bay Area ecosystem. I’ve invested and mentored there, even lived there part of the year, but always had Arizona as a reality check. And now I’ve got most of the rest of the world. I have even visited entrepreneurs in Uganda. But now I know that even London does not feel up to par with SIlicon Valley.

Silicon Valley capital isn’t stupid. If there’s a deal to be made in another city or country, it is already there on the ground. Just yesterday, stepping outside Marks & Spencer on Oxford Street, a glance at my Waze app told me Benchmark Capital had an office across the street. And the incubators already exist in London, despite the perception of a resource shortage. Tech Stars is in Cambridge, Tech Hub is on Old City Road, and there’s a Seedcamp, a Leancamp, a Digital Entrepreneurs Club, Ecademy, and an event every night.

In most of the places I’ve visited through GOAP, the same thing is true. From Santiago to Seoul, from Shanghai to Sao Paolo, there are startup outposts and events for entrepreneurs, who are already connected through social media and sharing best practices. For the past decade, VCs who understand these forces of globalization have been on planes chasing deal flow, while entrepreneurs have pined for the place the VCs fly from.

So what’s missing in these cities that causes the entrepreneurs to feel so inferior? At first I thought it was training or mentorship, but now I am coming to the conclusion it’s a feeling of community.Every city needs more collaboration, someone to pull the pieces together. And someone to stay involved for the long term, because there is no such thing as an overnight success. Companies may need to be mentored and supported for five or ten years.

Look at Twitter. Not out of the woods yet and almost six years old.

The biggest problem I see outside Silicon Valley is continuity– the existence of a group of local entrepreneurs who make it themselves and then turn around and reinvest in the younger people coming up. The best example of this is TIE, which began as a way for Indian entrepreneurs who profited from the diaspora to mentor and give back to people back home. About ten years ago, TIE was the way a graduate of IIT found a job in the US, and a way Indian entrepreneurs found funding. It was, and probably still is, an ecosystem.

No Silicon Valley luminary who flies in for a Lean/Seed/bar Camp can ever have the impact of an ongoing entrepreneurial community that collaborates and encourages its own. In Arizona, everyone bemoans the lack of local founders who have experience with large exits. They think the state doesn’t have them.

It does, but after their liquidity events they retreat on to the golf course. They don’t stay engaged. They aren’t trained to give back like Silicon Valley guys do.

I propose a global series of screenings of a documentary I saw last month called “Something Ventured.” It is about the entrepreneurs and VCs who invested before Silicon Valley had acquired its mythic sheen, when it was fruit orchards. Back then, the capital was in New York, and had to be persuaded to take chances on young entrepreneurs.

That’s how it is now in London, Phoenix, Shanghai, or Sao Paolo. In fifty years, one of those places will have the luster Silicon Valley enjoys now. Successful people in every city need to be shown how much satisfaction there is in mentoring and financing their successors. And in the meantime, be advised: a very small number of startups get funding even in the Bay Area. And 90% of startups still fail. Let’s not use the wrong metric to measure success: for every Mark Zuckerberg there are thousands of failures. But that’s okay as long as we don’t condemn them. Perhaps the next time, having learned, they will succeed.

Remember, everywhere but New York and California, entrepreneurial communities are still in the first generation. In fifty years, who knows where the grass will be greener.

Enhanced by Zemanta




Amplify

Flying Has Descended to the Depths

Flying Has Descended to the Depths

I have been travelling a lot lately, and it has given me time to reflect on the state of the airline industry (well, the state of British Airways, American Airlines and Southwest). As you probably know, the airline industry is one of the most volatile, least profitable businesses ever. Since 9/11, things have gotten much worse. And the people who pay for the service suffer the most.For example, I do a lot of international travel, which used to be the last refuge of civility in the industry. Long after I had begun to shove other passengers to make sure I had overhead bin space on Southwest, I still looked forward to the pace of the long flights, where they served you real food, gave you eyeshades and slippers, and served free drinks.All that remains on British Airways of that former civility is the free drinks, probably because they hope if we drink enough we will not remember there are no real pillows (they’ve been replaced by cotton wads), no slippers or shades, and barely enough toothpaste to go around a mouthful of teeth.And the food? Unspeakably bad. Sugary fruit cocktail and unrecognizable entrees.Why have things deteriorated so completely? The corporations would blame the workers, the union rules, the fuel prices, and so forth. But I blame marketing, or the absence thereof. Back in the day, when everyone wasn’t global of necessity (this latest trip is a combination of conference, meetings, and grandchild), people had to be enticed to fly. It had to be presented as sophisticated and alluring. My parents actually dressed up for flights. I am wearing Uggs, a tribute to my current conditions.But air travel is now a utility, and the airlines treat us like the gas company does; they provide little more than the service they must to keep us from dying in flight. There is no marketing, because we are going to sign up to fly like we sign up for electricity; we don’t set the price and we no longer get the service.Something’s fundamentally wrong with our economic system, and the airlines are a symptom, not a root cause. I will leave you to draw your own conclusion; I have to put my Uggs back on for landing.




Amplify

Yoga, Business, and the Secret of Everlasting Youth

Yoga, Business, and the Secret of Everlasting Youth
Yoga Class at a Gym

Image via Wikipedia

Every time I walk into a yoga class, I realize I’m the oldest person in the room. By a lot. And even when I walk into a business meeting, it’s not unusual for me to be the oldest person in the room. Among my geek friends, also by a lot.

And yet, I have yet to experience what many laid-off workers complain of — unexpressed ageism. People a decade or more younger than I tell me they are ignored or passed over because they are considered to be “too old,” even though that’s never told to them.

Why does that happen to some people, and never to others? I’m going to illustrate by an example from my own experience.

About fifteen years ago, after more than 25 years as a runner, I awoke one morning to incredible back pain. As in, I couldn’t get out of bed. Because I was in the habit of running, it never occurred to me to stop. As soon as I could get myself dressed and out of the house, I joined my running buddies on the trail, and by the end of the run, I felt better.

But the back pain never truly went away, and eventually I had enough trouble sitting in a chair that it began to affect my ability to work. So I went to my doctor, who sent me to one of the most prominent neurosurgeons in Arizona, at the prestigious Barrow Neurological Center where royalty comes for back surgery.

Barrow gave me a bunch of scans, and and I waited in the surgeon’s office for a verdict. After a very long time (famous surgeons leave you waiting in their examining rooms for hours while they make rounds, talk to students, etc), I couldn’t sit on the examining table anymore, so I got down on the floor and began doing the back exercises from the room’s only reading material , the “back exercises” pamphlet.

Half way through them, the surgeon entered with his entourage, and gestured toward the lightboard with my scans mounted on it. He gazed at them for several seconds, and said to me, “we’ll get you scheduled for surgery next week.” I was still on the floor. I raised myself slowly with much pain, and asked him for details about the surgery. He said I had spinal stenosis, spondylolisthesis, and scoliosis, and if I didn’t have this surgery right away I’d be in a wheelchair and/or incontinent. I asked him how long that would take to happen, and he opined “probably within the year.”

In the blur that followed, all I remember is “cage…screws…pins…brace…six months.” The terror was indescribable. But I didn’t know what else to do, so I scheduled the surgery.

The next day, I spoke to one of the trainers at the gym I belonged to. He said, “why don’t you try yoga? It works for some people.” Any port in a storm. The very next day, I went to my first yoga class. The teacher and I still remember it. She asked the class to bend over from the waist, and it took me what seemed like five minutes to do that. Then she instructed us to sweep our arms up over our heads and look up. I could not. Later, she asked us to get down on the floor, and that took about an hour, in my time perception.

I was stunned at how inflexible I was (remember all that running?), but at the end of the class I actually had less pain than at the beginning. Two weeks later, I decided to postpone the surgery. Six months later, after going to yoga increasingly often, I went back to the surgeon, pain-free, for a followup visit. I told him, and he said, “well, I guess you are one of those who responds to conservative methods.”

Not even a word of congratulations or happiness for me.

Fast forward fifteen years. I kept practicing yoga. I stopped running. One thing led to another, and I took yoga teacher training. That led to learning all the philosophy behind yoga — the Hindu and Buddhist roots. That led to not one, but three trips to India.

Those led to practicing non-attachment to the outcomes of my world, to losing the feeling that I had to control everything, to starting Stealthmode Partners and deciding I wanted to be of service, and to the mentoring and work with startups all over the world I do today.

And that leads to the total look of surprise on everyone’s face when I tell them my age (which I never hide). Which in turn leads to my often being perceived in some ways as the youngest person in the room rather than the oldest.

Enhanced by Zemanta




Amplify

Happy Thanksgiving: Food is Just Fuel

Happy Thanksgiving: Food is Just Fuel
Happy Thanksgiving: Food is Just Fuel

As we enter the season of non-stop eating, I want you all to share my
misery. I have entered the domain of food science, another form of
technology.

What have I learned? After a long life of striving to get
asymptotically close to a good diet, I finally made myself totally
miserable by getting even closer.
In an effort to further fine-tune myself after giving up meat, pastry,
cigarettes, beer, whiskey, processed food and fast food, a long time ago
I went to a clinical nutritionist/pharmacist. He gave me a blood test
that cost about $500, was of course not paid for by insurance, and
revealed something new: food sensitivities. These are not allergies, but
just reactions to certain components in food that are not optimal.
Either the food itself has elements that are toxic to me, or the way it
is grown in the US does.
I hope you have already bought your organic, no-antibiotics, no
hormones, free-range turkey, because if you haven’t you are probably
eating a bird that has grown up on everything from steroids to lead,
present in its food or the stuff its food was grown in.
He informed me I should try not to eat: 1)grains, except rice 2) dairy
including yogurt 3) farmed fish ( it is fed grains) 4)sugar and fruits
that are sweet like bananas, 5) meat that isn’t grass-fed, 6) diet Coke,
6)root vegetables except beets. In addition there are supplements
involved, and they are all to be taken in a certain order. I now take
about seven vitamins and supplements before and after every meal to
assure that the meal is properly absorbed. I might as well just inject
myself and be done with it:-)
I have to eat the protein part of my meals first, and I have to start
the day with protein and end it with mainly fruits and veggies. So I
have switched from a coffee frappacino, which I loved, to a soy
cappacino, which is sort of drinkable, followed by an egg white. I feel
like a nut case.

Everything I like is bad for me, and on top of it, I am about to go out
to dinner. I go out to dinner almost EVERY night. From now on, I think I
will just drink my dinner. I clearly have too much information to eat
anything anymore.
On a cheerier note, Happy Thanksgiving and thanks for continuing to read
this blog. I am blessed to be here, to be healthy, to have friends
like you and a family that grows larger every year. All those marriages?
They’ve produced the two daughters I talk about every day, five stepchildren to whom I am still close, and a raft of step-grandchildren I love besides Dashie, my grandson by birth. In addition,I have two boys produced by my former foster children, who are all taxpayers, even in this tough
economy.

And you can believe that this, too, shall pass.

Enhanced by Zemanta




Amplify

How to Make Your Business More Successful

How to Make Your Business More Successful

Most businesses fail because they run out of money. And most business owners blame their failure on the length of the sales cycle, the markets, a recession, the VCs, the employees who don’t have a work ethic, the tax structure — there are a litany of outside forces. Many startups may be about to fail in Silicon Valley because they will “run out of runway” when their seed round is exhausted and they can’t raise the next round. This always happens.

How do you avoid that beimg you? First. Recognize none of the above causes are the root cause of business failure. If they were, every business would fail during a recession, nobody selling to the enterprise would succeed, no startups would survive without funding– you know where I am going with this. Right now, in a terrible economy, I still can’t get a seat at the Hillstone near me, Target sold out its Missoni collection in an hour, Groupon’s IPO was oversubscribed. Outside conditions do not hit everyone equally. But why not?

The root cause of any business failure is the neglect of a simple, ancient Buddhist idea: the line where I end and you begin is blurry. As the Beatles used to sing, “I am you and you are me together.”

As the founder of a business, the line between you and your customers, you and your funders, you and your employees, might as well not exist. You are all in this together.

This is easy to see if you watch world leaders freaking out over the possibility that Italy will default. Or the possibility that the US auto industry will vanish, or the banking system will collapse.
For the last few years, we’ve had endless debates about whether we should have let the banks fail, GM fail, Greece fail. But every time one of those big industries or countries gets to the precipice, smart people bail them out.

Why? Because “I am you and you are me” and if Italy defaults it throws the entire world into a recession. The evil bankers and multi-national corporations know this, perhaps best of all, because they are connected to everything in the world.It’s ironic, but the CEOs considered most selfish are (in some ways) actually closer to living the Buddhist principle of interconnectedness than most entrepreneurs.

The same is true of your business. To make it do better, blur the lines between you and your market. Would YOU pay what you are asking your customers to pay? Would you use a tool that only solved a part of your problem.? (Google needs to do this right now for Google +, because the customers are sending a message: we want a simpler, more shareable experience. )

And do it between you and your employees. Do you want to do repetitive tasks all day? Do YOU want to be the one who cleans the bathroom and kitchen? If you don’t, don’t ask anyone else to do it. Perhaps you could outsource the task to someone who went into business to do the very thing your employees find mind-numbing..

All of this is hard to do, unless you start at the very micro-level: put yourself in the body of the person who works for you, the person you are trying to sell to, the person you want to fund your company. What does that person want? Whatever it is, if hou can, give it to them.

If you do this, even in the worst of circumstances, you will not run out of money.




Amplify

The New Gmail and Your Grandma

The New Gmail and Your Grandma
As an early adopter, I sit in front of new software and new apps every day. I look mostly for things that will help the startups and small businesses we coach at Stealthmode.So of course I manually switched to the new look at Gmail, after playing with the new look for Google Reader. While many people complained about the new Google Reader, I found it cleaner and easier to use. I share things mostly on Twitter and Facebook or G+, so I found I still had my social options. If you are looking for them, they are under “send to.”

Gmail is another story entirely. I have one of those dual screen setups, and I have two accounts, one for myself on my larger display, and one for ZEDO, with whom I am currently working, on a smaller screen. ZEDO has GoogleApps. When I work, I keep Gmail open for myself in Chrome, and and GoogleApps open in Safari for monitoring ZEDO.

No one from Google told me there were three different settings to display the new version of Gmail: Comfortable (for larger displays), Cozy, and Compact. The default view when I switched was “Comfortable” on both screens, and I couldn’t keep the threads together on the smaller screen. I would have loved to know I could have set the smaller one up in “Cozy” or even “Compact.”

Last night I finally discovered, through TWiG, that there’a a little flywheel in the upper right of the Gmail screen that lets you set the displays.

Not to mention the fact that I couldn’t figure out how to delete a message in the new display. Or how to reply. Only when you select a message and look above it do you see the little trash can, and the other options.

The threading is also new, and although I like it now, it takes a while to get used to.

Like almost everyone else, I’m down with the idea of making all the Google Apps uniform in appearance, creating a universal login, and connecting everything to Google+. It is appealing to think of an online suite similar to what Microsoft has said with office.

But Gmail is used by many people like my son and daughter-in-law who are not early adopters, who are not technical, and have no time to learn software. When they have to make the change, they will be stunned, I am sure.

 

Enhanced by Zemanta




Amplify

Up, Up and Away

Up, Up and Away

There are a few opportunities that come up once in a lifetime, so when I was invited on a zeppelin flight out of Moffett Field in San Jose, I put aside the momentary thought that I lived in Phoenix and just made a plane reservation to go with my friends for a ride..

And what a joy! First of all, I bet you don’t even know the difference between a zeppelin and a blimp. Now I do. A zeppelin is a helium-propelled, lighter-than-air flying machine that has a skeletal framework. By contrast, a blimp is a pile of air contained in an unstructured shell. The zeppelin.we flew in has a cabin below it that seats twelve people.

A zeppelin flies at about 1000 feet above ground, meaning the windows can open and you can stick your head out, and if you look down you can see the details of the landscape in Mountain View, Palo Alto, and all the surrounding hillsides and salt flats. There was the Stanford campus, and Sergey Brin’s house. There were the Rainbow Flats and the Campanile. Since we didn’t have seat belts on, we could wander around the cabin and see the view from all sides.

This particular zeppelin, one of two in the US, belongs to a unique business called Airship Ventures (we suggested they change the name to Airship Airlines so people could know they could make reservations), a company funded by Brian Hall and his brother, and Esther Dyson. I think there are other “silent” investors. The business, a little older than a startup, is headquartered at Moffett Field, next door to another of my favorites, Singularity University.

The airship, made in Germany, was brought to the US by the investors because they wanted to revive its use for both entertainment (take dad for a ride on his birthday) and commercial uses (reach remote Alaskan islands where there are no bridges or roads). At the moment, it is sponsored by Farmer’s Insurance company, and that’s what Silicon Valley residents see when they look up at the ship in its “every day” incarnation. But it has also appeared in movies, where they photoshop out the Farmer’s logos:-)

Our day was a real special event. We got a tour of the largest wood framed hangar in existence, a talk about the dirigible’s history (yes, the Hindenburg was a dirigible, but it was filled with flammable hydrogen, not helium, which does not burn), topped off by a silent, beautiful float above the Bay Area

during the rush hour.

There is a special way to load and unload passengers from a zeppelin, because if you let go of it, it will fly away. While it is being held down by two guys, two passengers at a time get on, and then two get off. This helps keep the airship on the ground when it is supposed to be on the ground. It’s like keeping a frisky puppy on a leash. When all the previous passengers are off and all the new passengers are on, the guys with the ropes let go.

I mean, it is amazing! I would urge you to book a ride on the Farmers Airship if you are going to propose to your sweetheart, honor your grandfather, celebrate an anniversary, or take your team on a unique offsite. The entire experience is pretty incredible. It’s one of those gifts for the person who has everything, and while I won’t quote price, it is not out of the ball park. Personally, I think it belongs in the Neiman Marcus Christmas catalogue, although it’s not there (yet).




Amplify

Angel Investing Bootcamp Encourages Women to Invest $100k in For-Profit Social Venture

Angel Investing Bootcamp Encourages Women to Invest $100k in For-Profit Social Venture
Angel Investing Bootcamp Encourages Women to Invest $100k in For-Profit Social Venture

I’ve been a mentor for the Pipeline Fellowship since it began, and on my trip to NYC this week I was happy to hear Natalia’s geat news: the first class of women angels, ten in all, was graduating and had invested $50,000 in a woman-owned startup. Another $50,000 to match it had been invested by other angels. This is near and dear to me for obvious reasons: women make great entrepreneurs; and women can bring about social change. If you wuld see Natalia, who is young, beautiful, and passionate, you would share my belief that through this Fellowship she will change the pattern of women investing, and of women investing in each other.

So, as I head to the airport to go back to Phoenix, (unfortunately missing the party), here’s the story: the Pipeline Fellowship announced today that the 2011 NYC Pipeline Fellows have selected to invest US$50k in PhilanTech, marking a milestone in women investing in women for social change.

The Pipeline Fellowship also announced the launch of its alumnae network, Pipeline Angels, through which PhilanTech secured an additional US$50k investment.

PhilanTech creates innovative online tools to help organizations maximize social impact while minimizing environmental impact. The PhilanTrack® online grants management system helps grantmakers and grant recipients streamline the grants administration process to focus more resources on program and service delivery, and ultimately greater social impact.

While recent studies have shown that women-led startups and companies with diverse leadership teams are more likely to be successful, only 12% of entrepreneurs who received angel investments in the first two quarters of 2011 were women, according to a report by the Center for Venture Research at the University of New Hampshire. By the same token, only 12% of U.S. angel investors were women, and only 5% were minorities.

The Pipeline Fellowship is shifting the gender balance in angel investing and increasing the flow of capital to for-profit social ventures. “The Pipeline Fellowship is committed to increasing diversity in the angel investing community and training a new generation of angels to invest for good,” stated Pipeline Fellowship Founder & CEO Natalia Oberti Noguera.

“Companies that create social value in addition to financial value not only create jobs, but also additional societal benefits, such as increasing resources available to underserved communities,” said Dahna Goldstein, PhilanTech’s Founder, “And companies creating value should have equal access to capital, regardless of whether they are led by men or women.”

Though Goldstein’s business model was attention-grabbing, even garnering her the honor of being selected as one of Bloomberg Businessweek’s “25 Most Promising Entrepreneurs” in 2009, investors didn’t get it enough to offer her funding.  According to Goldstein, the Pipeline Fellows got it.

“Dahna is a smart, experienced entrepreneur and a dedicated social leader, who is passionate about bringing tech tools and efficiencies of business to the social sector,” observed 2011 NYC Pipeline Fellow J. Kelly Hoey.

According to 2011 NYC Pipeline Fellowship Mentor and 2008 Ernst & Young Entrepreneurial Winning Women award winner Kathleen Utecht, “Entrepreneurs are the backbone of our economy and it is vital that investors seek to make above market-rate returns and a positive impact on our society. The Pipeline Fellowship is leading the path to an improved way of investing and creating a new generation of successful women investors.”

The investment was announced at the 2011 Pipeline Fellowship Investment Announcement Reception hosted by AHAlife and keynoted by Peabody Award winning radio host, MacArthur Fellow, and urban revitalization strategist Majora Carter.  Carter declared, “I want to dismantle the barriers keeping us from making ‘equality’ profitable and I’m excited to work with this community of investors to maximize the change we can leverage together.”

“We are extremely proud to collaborate with the Pipeline Fellowship to support women investing in women,” added AHAlife Founder Shauna Mei, “At AHAlife, we have been very fortunate to have several women angel investors who were instrumental in building our curated media-commerce company.  AHAlife was one of the first technology startups to receive significant women angel backing and we hope to have started a major trend!”

The Pipeline Fellowship will expand to Boston this fall and is preparing for its second NYC edition.




Amplify

Why Mainstream Media Can’t Understand OWS

Why Mainstream Media Can’t Understand OWS

20111016-171240.jpg

Although i live in Arizona, i was in New York this weekend and i went to show my support for OccupyWallStreet. it was one of the most exciting things i have seen in my life, for as i suspected, this movement is not about left and right, it is about up and down. But it isn’t about class warfare either; it is about crowdsourcing solutions.

The Occupy movement will never be understood by the media or by the current political establishment, because it is a movement of questions, not answers, and circles, not poles.
Early this morning when I was there, two circles of “residents” were seated on the concrete. One was listening to a lecture on the Fed, and what it does and means, and discussing how to get more educated about the financial system. The other was talking about what to do (or more accurately what not to do) with donated funds (“let’s not use them to make ourselves more comfortable because that is not what this is about”).

When I went to the Press table there were several representatives of the people who take notes on little pads, otherwise known as Journalists. They’re the only people who don’t take notes on smartphones, recording audio, video, and photos. That’s only for citizen journalists and tourists, who want to make sure they share reality.

The people with the pads all came with rehearsed questions. You could see they already had a concept, a point of view, a story they wanted to write. And it was the job of the poor, sleep-deprived spokesperson, crawling out from under a blue tarp, to say “we don’t know the answers yet.That’s why we are here: to find them”

From all the signs I saw today, the common purpose is to unite against a financial system that has cheated most of America. If there is an enemy, it is not one political party or the other, it is government that has been bought off by banks and multinationals. It is not an anti- business or an anti-government movement ; it is more like an anti-greed and anti-selfishness movement.

It doesn’t involve giving up all your worldly goods to show solidarity; it involves just showing up to show your solidarity. The goal is to make the people’s voices, so long drowned out, heard. It’s to remind the banks and the government that the citizens are the people, and that the American people are getting angry and impatient at the top 1%.

Oh, and it is by no means all kids. Plenty of people my age are out there. We may not be sleeping in Zuccotti Park, but we are there all the same, some in body and many more in spirit.




Amplify