Yeap, the current status in Europe is that there's more money available than ideas in the market. So if you're in for the game, there's plenty of fish to feed
Hello good times! For Berlin-based entrepreneurs this means ‘now’ is the best time to start a company.
Given the capital flowing into the city it has probably never been easier to raise Venture funding in central Europe’s new boom-town of Tech. This is especially true for early stage rounds, while growth capital remains scarce and dominated by large international investors.
For most entrepreneurs this will of course mean they will have to grow more cautiously than their Valley counterparts (and competitors).
Apple has 1 billion active devices.
Facebook has TWO 1 billion user businesses: FB + Whatsapp
Google has SEVEN 1 billion monthly active users: Search, Android, Maps, Chrome, YouTube, Google Play, Gmail
very uncertain times for publishers
in the history of the world, if you are talking about quality journalism, where you have to pay people to do real reporting, and go travel to do interviews, in the history of the world, it would be hard to name the quality journalism organization that existed solely on advertising revenue. The closest is the broadcast networks in the '60s, '70s and '80s when they had 90 percent of the eyeballs in the country. And even then their news operations mostly didn't make money and were really considered a public service.
Meanwhile, people say CNN is down. But it is still making hundreds of millions of dollars. Why? Because viewers are paying for it through their cable fees. Thus there's a dual revenue stream. It's the same at MSNBC, which is highly profitable. And Fox is the most profitable cable channel. They might not all be the operations I would personally run. But, in the case of Fox News, they do something distinctive, pay good money to produce their product and then depend on people wanting to have the channel on their cable system, paying for it and watching
It's the same song all over again, ever since the traditional media ever discovered the internet - if you pay peanuts, you get monkeys. Alas, content on the web is in an infinite supply mode so one has to know what its competitive advantage is to somebody who consumes content on facebook for free.
UC Browser is a mobile browser developed by Chinese mobile Internet company UCWeb. Originally launched in April 2004 as a J2ME-only application, it is available on platforms including Android, iOS, Windows Phone, Symbian, Java ME, and BlackBerry.
With a huge user base in China, India, Indonesia, Pakistan and continued growth in emerging regional markets, UC Browser reached 500 million global users in March 2014.
According to StatCounter, UC browser is the second most used mobile web browser worldwide, passing Safari in October 2015.
Never heard of it until today
The future transportation value stack will be very different from the existing automotive industry. It quite remarkable that only two companies, Google and Uber, are present in all layers of the stack that are necessary for creating a dominant transportation-as-a-service platform.
The car hardware (the body, the power train, the wheels) increasingly becomes a commodity. Modern cars are good-enough for typical everyday use offering little opportunity for differentiation.
Car commoditisation will only accelerate with the transition to electric vehicles. Electric vehicles are much simpler mechanically and easier to make, which opens the gates for new players, including such electronics and Internet services players like Apple, Google, LeTV and even Acer.
It’s also notable that Tesla ‘open-sourced” their electric vehicle patents in 2014 pledging not initiate patent lawsuits against anyone who, in good faith, uses Tesla’s technology.
It’s still too early in the game to say which companies will dominate the future transportation market. One thing is a safe bet: The future transportation ecosystem will look very different from the existing automotive industry. It will resemble modern technology ecosystems with their platform business models, permissionless innovation by developers, and domination of software-centric companies.
Yes, soon enough owning cars will be all about status.
In China, it’s already November 11, or 11/11, and the massive e-commerce event known as “Singles Day” is well under way. Launched by Chinese e-commerce giant Alibaba in 2009, the idea is that for a full 24 hours, shoppers who are unmarried and unattached should go online and splurge on a nice gift for themselves.
At least judging by the initial numbers, the company’s efforts have paid off. In the first 90 minutes after the Singles Day kickoff, at midnight in Beijing, Alibaba said it surpassed $5 billion in total sales. Seventy-four percent of those were from mobile phones.
The crisis we speak of has even more severe consequences for Europe’s global competitiveness. In our research on the state and pace of digital evolution worldwide, we have found that the old continent is in the midst of a “digital recession.”
Of the 50 countries we studied in our Digital Evolution Index, 23 were European (not counting Turkey).
Of these, only three, Switzerland, Ireland, and Estonia, made it to a commendable “Stand Out” category – which means that their high levels of digital development are attractive to global businesses and investors and that their digital ecosystems are positioned to nurture start ups and internet businesses that can compete globally.
Mailing a parcel from Munich to Salzburg (distance: 145km; 90 miles) costs many times more than mailing it from Munich to Berlin (distance: 585km; 364 miles).
There’s also the matter of language complexity — for small and medium enterprises, creating a web storefront and customer support in the plethora of European languages can be prohibitively expensive.
If things look bad for goods moving across borders electronically, they look even worse for transporting content. There are a staggering 250 collective management organizations overseeing digital content, according to a 2014 EC press release. Transparency and governance issues abound. In some cases, competing organizations represent the same category of rights-holders; in some others, national monopolies dominate.
the whole argument: Europe’s Other Crisis: A Digital Recession
250 collective management organizations for 23 countries... Very fragmented.
So, who's making money digitally in Europe in spite of this situation? Yup, global brands like Google and Facebook.