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Interaction with Successful Serial Entrepreneurs ? ? ? Kentaro Toyama Microsoft Research TiECon Bangalore 2004.

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Presentation on theme: "Interaction with Successful Serial Entrepreneurs ? ? ? Kentaro Toyama Microsoft Research TiECon Bangalore 2004."— Presentation transcript:

1 Interaction with Successful Serial Entrepreneurs ? ? ? Kentaro Toyama Microsoft Research TiECon Bangalore 2004

2 Caveat From TiECon Bangalore 2004 program: Inside India Inside India Entrepreneurs Entrepreneurs Serial entrepreneurs Serial entrepreneurs Successful serial entrepreneur Successful serial entrepreneur

3 About me… Japanese, raised in Japan and U.S. Japanese, raised in Japan and U.S. Research scientist Research scientist –AB in Physics; PhD in Computer Science Serial attempts at technology transfer Serial attempts at technology transfer –6.5 years at Microsoft with no direct impact on product Face detection, tracking, and recognition Face detection, tracking, and recognition Semi-automatic video editing Semi-automatic video editing Multimedia (Interactive Images, http://wwmx.org) Multimedia (Interactive Images, http://wwmx.org)http://wwmx.org Successful tech-transfer Successful tech-transfer –7 th year: Digital Image Pro ships with automated image-editing utilities Now: research in computing technologies for emerging markets Now: research in computing technologies for emerging markets

4 Great Opportunity in India! Source: Clayton Christensen, The Innovators Solution, 2003

5 But, beware…!

6 Competing with Free Stuff Sales of font software [and] the font business have been adversely affected in recent years by a growing supply of free font software via the Internet… – Precision TypeSales of font software [and] the font business have been adversely affected in recent years by a growing supply of free font software via the Internet… – Precision TypeSales of font software [and] the font business have been adversely affected in recent years by a growing supply of free font software via the Internet… Sales of font software [and] the font business have been adversely affected in recent years by a growing supply of free font software via the Internet… [Stiff competition, Tower Records] says, was compounded by the growing problem of digital downloading and file copying which has been plaguing the music industry – BBC News[Stiff competition, Tower Records] says, was compounded by the growing problem of digital downloading and file copying which has been plaguing the music industry – BBC News[Stiff competition, Tower Records] says, was compounded by the growing problem of digital downloading and file copying which has been plaguing the music industry[Stiff competition, Tower Records] says, was compounded by the growing problem of digital downloading and file copying which has been plaguing the music industry Beware!

7 Large-Scale Production Hard to beat Moores Law: you have to deliver twice as much to the customer every eighteen months in order to just stand still – James Woodward, MIT Enterprise Forum Hard to beat Moores Law: you have to deliver twice as much to the customer every eighteen months in order to just stand still – James Woodward, MIT Enterprise Forumyou have to deliver twice as much to the customer every eighteen months in order to just stand stillyou have to deliver twice as much to the customer every eighteen months in order to just stand still handhelds from major makers such as Palm and HP have gained in features and dropped in price, factors which some have said undermined the reason for the Simputer's existence – CNET Asiahandhelds from major makers such as Palm and HP have gained in features and dropped in price, factors which some have said undermined the reason for the Simputer's existence – CNET Asiahandhelds from major makers such as Palm and HP have gained in features and dropped in price, factors which some have said undermined the reason for the Simputer's existencehandhelds from major makers such as Palm and HP have gained in features and dropped in price, factors which some have said undermined the reason for the Simputer's existence Beware!

8 Passive + Interactive [Interactive TV] has had an unenviable reputation for torching through investors' cash. Some of the biggest names in broadcasting and telecommunications - BSkyB, Granada, Channel 4 and BT among them - have burnt their fingers trying to enhance the power of the handset. – Financial Times [Interactive TV] has had an unenviable reputation for torching through investors' cash. Some of the biggest names in broadcasting and telecommunications - BSkyB, Granada, Channel 4 and BT among them - have burnt their fingers trying to enhance the power of the handset. – Financial Times Beware!

9 Opportunities around…? Mobile phones: Mobile phones: –2.5M new subscribers per month in India –E.g., Ringtone sales were at $3.5 billion worldwide Ultra-cheap computing: Ultra-cheap computing: –E.g., Fisher Price Power Touch

10 Serial Entrepreneurs …are driven by the need to create something from nothing – Seattle Business Journal …are driven by the need to create something from nothing – Seattle Business Journalare driven by the need to create something from nothingare driven by the need to create something from nothing …sees success as a reason to launch a new venture – Stephen Berglas [UCLA] …sees success as a reason to launch a new venture – Stephen Berglas [UCLA]sees success as a reason to launch a new venturesees success as a reason to launch a new venture …are our economic artists - bringing together economic resources rather than putting paint on canvas" – William Dennis [Natl Federation of Independent Business Owners] …are our economic artists - bringing together economic resources rather than putting paint on canvas" – William Dennis [Natl Federation of Independent Business Owners]are our economic artists - bringing together economic resources rather than putting paint on canvasare our economic artists - bringing together economic resources rather than putting paint on canvas …may be the best bet for job creation – Association of Chartered Certified Accountants …may be the best bet for job creation – Association of Chartered Certified Accountantsmay be the best bet for job creationmay be the best bet for job creation

11 Thank you! kentoy@microsoft.com

12 Interactive TV Despite its youth, the sector has had an unenviable reputation for torching through investors' cash. Some of the biggest names in broadcasting and telecommunications - BSkyB, Granada, Channel 4 and BT among them - have burnt their fingers trying to enhance the power of the handset. – Financial Times Despite its youth, the sector has had an unenviable reputation for torching through investors' cash. Some of the biggest names in broadcasting and telecommunications - BSkyB, Granada, Channel 4 and BT among them - have burnt their fingers trying to enhance the power of the handset. – Financial Times What doesnt work

13 Network Attached Storage Network Attached Storage The fates of Scale8 and Zambeel indicate that there's a limited market today for such high-end distributed NAS systems -- no matter how good their technologies might have been. It didn't help that both were relatively young startups trying to convince customers to migrate critical elements of their infrastructures to a brand-new architecture, instead of offering products that worked with a company's existing storage systems. The fates of Scale8 and Zambeel indicate that there's a limited market today for such high-end distributed NAS systems -- no matter how good their technologies might have been. It didn't help that both were relatively young startups trying to convince customers to migrate critical elements of their infrastructures to a brand-new architecture, instead of offering products that worked with a company's existing storage systems.


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