Founders, Founders and More Founders

by Darren Herman (4/4/2007)

Paul Graham of Y Combinator success has released an insightful essay about traits he’s studied with the early stage entrepreneurs he deals with each day that are part of his program up in Boston.

The essay didn’t just strike me about founders, but it struck me about Y Combinators success rate as well:

We’ve now been doing Y Combinator long enough to have some data about success rates. Our first batch, in the summer of 2005, had eight startups in it. Of those eight, it now looks as if at least four succeeded. Three have been acquired: Reddit was a merger of two, Reddit and Infogami, and a third was acquired that we can’t talk about yet. Another from that batch was Loopt, which is doing so well they could probably be acquired in about ten minutes if they wanted to.

That’s pretty darn solid if you ask me. I do not know anyone personally who has been through the Y Combinator, but based on the essay that Paul has written and the statistics, the numbers certainly look positive.

In the essay that Paul has written, he talks about many reasons why people do not become entrepreneurial and talks about why those reasons should be ignored. The topics covered are:

1. Too young
2. Too inexperienced
3. Not determined enough
4. Not smart enough
5. Know nothing about business
6. No Cofounder
7. No idea
8. No room for more startups
9. Family to support
10. Independently wealthy
11. Not ready for committment
12. Need for structure
13. Fear of uncertainty
14. Don’t realize what you’re avoiding
15. Parents want you to become a doctor
16. A job is the default

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Download of the Day: HandBrake (All platforms)

from Lifehacker

Windows/Mac/Linux: Rip DVDs to your iPod with HandBrake, the latest version of the program previously known as MediaFork.

HandBrake can turn DVDs into iPod-friendly MPEG-4 or H.264 video files. It includes iPod, Apple TV and even Sony PS3 presets, but you can also customize various audio and video settings to your liking. (Needless to say, the ripped files will also play on Zunes and other devices.)

Windows users can choose between GUI and CLI versions; both require DVD43 to be installed if you want to rip copy-protected DVDs (the ones you own, of course). Also, be sure to choose the VIDEO_TS folder when you browse the DVD, and then select the "title" that contains the actual movie (it's usually the longest one). For Windows users in particular, HandBrake definitely makes easier work of copying DVDs to your iPod, though the overall process still takes a few hours.

Still in beta, HandBrake is free; it's available for Windows, Mac and Linux operating systems. —Rick Broida

HandBrake 0.8.5b1

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Samsung builds a better, smaller 4GB DIMM

Posted Apr 23rd 2007 7:35PM by Donald Melanson Filed under: Desktops, Laptops

OCZ may have recently laid claim to the title of some of the world's fastest RAM, but Samsung seems to have found room to do a little boasting of its own, trotting out its first 4GB DDR2 DIMM based on WSP (or wafer-level-processed stacked package) technology. According to the company, that process not only makes the module smaller, but faster and more energy efficient as well. Not so clear, unfortunately, is what effect the seemingly cure-all technology will have on pricing or availability, with no word on either from Samsung as of yet.

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The Miracle Polymer for the New Millennium

ETFE can be made into glass-like sheets or inflated in pillows and is being used in some of the most innovative new buildings around the world By Elizabeth Woyke (BusinessWeek) ETFE (Ethylene Tetrafluoroethylene) is the building material of the future. This wonder polymer, a transparent plastic related to Teflon, is replacing glass and plastic in some of the most innovative buildings being designed and constructed today. Its selling points? Compared to glass, it’s 1% the weight, transmits more light, is a better insulator, and costs 24% to 70% less to install. It’s also resilient (able to bear 400 times its own weight, with an estimated 50-year life-span), self-cleaning (dirt slides off its nonstick surface), and recyclable. Architects started working with ETFE some 15 years ago. The material will soon get a boost with the 2008 Beijing Olympics, where it’s an integral part of the distinctive designs of both the Beijing National Stadium and Aquatics Center. Here’s a sample of the most ambitious and creative architectural projects around the world that utilize ETFE. Read the story

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This Video Says A Lot About Where The Music Business Is Today

from A VC by Fred

When I see a lot of Google traffic coming to my blog, I check the feedburner stats and yesterday the search term Fluorescent Adolescent was generating some meaningful traffic. Flourescent Adolescent is the name of my favourite track on the Arctic Monkeys new record which is coming out next week. I don't have the record, but I've heard most of it on the Hypemachine.

So I googled Fluorescent Adolescent and sure enough my post linking to the track was number one. Number two was this video, taken at an Amsterdam show last month, probably on a cell phone or something like a cell phone.

First of all, this song has not been released. But this video has been viewed almost 16,000 times on YouTube in the past month. I am sure some people have watched it multiple times, but surely over 10,000 people have gotten introduced to this song in the past month, some portion of whom are likely to buy the record.

Second, this is not the first single, that would be Brianstorms, a good track, but not my favourite. But in effect, there's already a "video" on YouTube promoting this track.

Third, this was shot by a regular fan, uploaded to YouTube, and the quality and sound are pretty damn good for someone five or six bodies back.

Fourth, this was shot at a club in Amsterdam and is available to the entire world via YouTube instantly (or as soon as the person who shot it uploaded it).

Fifth, check out how many others in the crowd are taping the performance with their cell phones and cameras. Has to be at least five or ten others in the video doing that.

Lefsetz says in one of his recent posts:

And trust only grows person to person now. NOBODY trusts the machine.

Let's look at what just happened here. Somebody got a hold of the Fluorscent Adolescent track and uploaded it to their blog. It made the Hypemachine. I heard it there and reblogged it. My post went to the top of Google for that search term. I googled it (but you could have too) and found the YouTube video posted by another fan. I saw that and reblogged it just now.

Person to person marketing. No machine other than the web and google at work here. The rest is us, enjoying a song, a band, and music on the web.

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