Search results for: “unix”

  • Zynga and the IPO

    I had held off writing on the ‘failed’ Zynga’s IPO at the end of last year. I am not going to say that Zynga is a great business; in many respects I don’t think it is, without even looking at its numbers I think that Zynga has three big challenges:

    • Facebook owns their customer base
    • Facebook owns their payment system
    • Facebook owns their customer acquisition strategy

    But was the Zynga IPO really a failure? Before I answer that I wanted to talk about another IPO.

    VA Linux IPO case study

    Back in 2000, I had the experience agencyside running the European launch of a company called VA Linux and took its then CEO Larry Augustin around the media. At the time VA Linux’s primary busness was building specialist workstations and servers were optimised for Linux and had Linux pre-installed. This meant that they thought carefully about component choices for instance the ethernet card (network interface card or NIC) in the computer was from Intel rather than 3Com because Intel did a better job in supporting Linux  in terms of the quality of its drivers.

    My experience of Augustin was of someone who was whip smart, with a dry wit and a genuinely nice guy – which made my job a hell of a lot easier to do. Life was good, Augustin gave good copy on the Judge Jackson finding of fact that had happened the previous November, Linux was building momentum in the enterprise and with web servers because it performed better than Windows, required less skill than the BSD distributions and was more of an entry level product than Sun Microsystems, SGI or IBM Unix hardware on specialised RISC architectures. One of the things that audiences wanted to talk about was VA Linux’s at the time record-breaking IPO.

    VA Linux’s underwriters had priced its IPO at US$30 per share, on the first day of trading the price topped US$320 per share. It was described as a stunning success but that success was double-edged. In economic terms, the bank staff working on the IPO had obviously under-priced it because the price had surged so much – depriving the company of a substantial amount of potential capital that it could have raised. Admittedly it was crazy times and VA Linux wasn’t worth the absurdly high valuation in the end, as businesses like Dell started competing with them head-on. But one has to ask what difference would the extra capital have made? How big does the pop have to be to go beyond rewarding initial investors and become negligent underpricing of a company’s stock?

    The Zynga comparison

    Back to Zynga, which had the opposite challenge, the bank staff working on the IPO had optimally priced the stock so that the company got pretty much the full amount that at least some people were prepared to pay. Rather than a pop, a price decline occurred which investors got upset about as late arrivals to the Zynga party made a financial loss. The underwriters for the IPO earned their money on this occasion. If you want to be the first kid on the block in a new set of the latest Nike Air Jordans, the latest gadget or the season’s must-have handbag, you have two choice get in early enough or pay over the odds. Who is to say if you’ve overpaid, once the heat goes those items are then likely to become cheaper again. And so it goes with Zynga, this shouldn’t be your pension fund; it is part of the new hotness, a fashion stock if you will and was priced and paid for as such.

    Disclaimer: this doesn’t constitute investment advice or a recommendation to buy stocks. I am not a financial services professional nor do I profess to be. If you want investment advice, pay someone who does this for a living for it.

    More information

    THE TRUTH ABOUT ZYNGA: The Only Reason The IPO ‘Flopped’ Is Because Idiot Investors Paid Too Much

  • Digital experiences & functionalism

    This post on digital experiences sprang out of my going through images on Flickr. I was looking at pictures that I had taken of products designed by Dieter Rams like the Vitsœ 606 shelving system and his work at Braun on the service. Rams’ approach to industrial design was part of the functionalism movement where the look of a product is dictated by what the object does. In architecture this was used as an excuse to build rough-looking buildings with little aesthetic appeal.  This partly explains by a number of the leading thinkers in modern architecture have taken a ‘user’ hostile approach to their designs, washing their hands of  having to think about form in their process at all.
    Braun SK1 radio

    The Braun SK1 radio designed by Dieter Rams

    Rams approach to design had quality very much at the centre of it, so his work has as much to do with the ethics and principles of traditional Japanese design as it had with a modern movement. I got into this chain of thought because digital largely fails to mirror the good design that Rams has done in the analogue age. Rams in an interview for the documentary Objectified says that Apple seems to be only modern company that subscribes to his principles of good design, or takes design as seriously as he did.
    Braun desk fan from the early 1960s

    So why are digital experiences failing to match the best analogue examples of product design? I have some ideas, but I wouldn’t pretend to think that they are definitive answer to the question.

    Horizontal industry structure affects design thinking

    When geeks wore ties, polyester shirts and pocket protectors technology companies used to make the hardware and the software and digital experiences that went with them. Economies of scale and standardisation brought about a business computing environment based on Microsoft operating systems and Intel X86 processors. The exceptions to this being a small amount of powerful UNIX workstations and Apple’s range of Macintosh computers. In web services it splits up via hosting and APIs at the very least. This tends to be very different to many manufacturing processes and leaves designers with a sense that they have comparatively little control over their devices. It also means that the point of interface between designs: like how to interact with the software is dictated by the software partner, not the device manufacturer. In digital services, the terms of service of the API limit the power and design choices made.

    Design isn’t taken seriously

    In hardware manufacturing businesses work with manufacturers like Foxconn Technology Group. These manufacturers have moved up the value chain doing more and more of the work around the product including design now. There are few manufacturers that keep much of that work in-house. Reference designs make tooling easier, give component manufacturers more power and allow the client get to market faster. But they are going to market with a commoditised offering. This isn’t a new phenomena: JVC used to make VHS video recorders for Ferguson under the Videostar name with only the branding changing some 3o years ago.

    Outsourcing design implies that the process isn’t core to the value proposition of the business, and that’s a shame.

    Focus on the ingredients rather than the cake

    If you look at the marketing of mobile and computing devices the adverts often read like a parts list rather than a marketing brochure. How many car magazines publish articles showing the components that make up the engine, who they are manufactured by and how much the car would have cost? How would really care about which brand of air filter the engine used? Yet tear-downs are an important part of consumer electronics coverage now. The focus on the ingredients probably started as a way for manufacturers to take some control of their own product as part of the horizontal industry eco-system; but now it has become a fetish. A great micro-processor is often not enough to make a phone great when consumers choose on all-up experience.

    It isn’t only hardware manufacturers who do this. When I worked in-house for Yahoo!; the company launched lots of different search products to try and get feature parity with Google’s offerings. They were good products but the consumers still stayed away in droves; mainly because it wasn’t enough to be just like Google. If the company had carved its own path the future may have been very different.

    Quality is relative

    If you think about buying a new car or a fridge-freezer being told that you could use it, but it wasn’t fully finished and would be subject to considerable change – you would be very worried  and I wouldn’t blame you. However software and services change, sometimes quite dramatically. It means that quality means something very different in the digital world, compared to the world that you and I live in. There is no ‘getting things right first time’ and there is a mentality of impermanence, the idea that anything can be fixed.

    The user case is malleable

    The malleable nature of digital services and applications mean that the user case may not have even been dreamt up at the design stage. Thinking for a moment about Twitter, it has morphed into an extremely dynamic system of interactions:

    • The hashtag accompanies events acting as a public ‘back channel’ where previously the technologically savvy would have used IRC (internet relay chat)  and the rest of us probably were oblivious to it all
    • It has raised money for charities, and has been directly responsible for helping Dell to sell refurbished computers
    • It has been the rallying point for political action
    • It is history in the making as the Library of Congress has been archiving tweets

    Given those vast differences it is understandable why it’s hard to design for use cases and hard to get great digital experiences.

  • Open Sources

    In Open Sources: voices from the revolution – O’Reilly Publishing recorded the history to date and ethos of the open source community by having the main protagonists write essays on their parts in it. The essays are insightful about the development of the open source phenomena, the technology and the personalities of the protagonists.

    In Open Sources there is a noticeable comparison between the measured and modest essays of geek elder statesmen like Eric Raymond, Marshall McKusick and Richard Stallman with the precocious, arrogant and irritating style of Linus Torvalds.

    The book provides a good primer for non-technical readers on Perl, BSD and UNIX, Linux and the Mozilla browser. The open source community has moved on since the book was first published in 1999. Ubuntu has made Linux usable for the average person, ASUS launched a top-selling sub-notebook powered by Linux and Wal-Mart has sold a Linux PC and  recently dropped it.

    The reasons given for the apparent Linux being dropped from Wal-Mart’s shelves vary from increased support requirements to a lack of an Open Source eco-system to make applications used by non-geeks like Intuit’s personal finance and taxation applications, but that’s another post in of itself. More book reviews here.

  • About renaissance chambara and Ged Carroll

    Much as I would like this to be a media megacorp of randomness, renaissance chambara is written by just one person me: Ged Carroll.

    blogqrcode

    renaissance chambara started off as an experiment to find out about the capabilities of blogging by trying, originally it was postings on the AlwaysOn Network back in 2002 – 2004, which at the time was an innovation-orientated analogue of Medium. I then moved it to a Blogspot blog; though none of the posts on the AlwaysOn Network survived. Who said publishing on the internet is forever.  It then moved to a now dead blog that was hosted on Yahoo! Small Business Hosting with my own URL. Relatively early on I roped in a couple of journalist friends who contributed a couple of items.

    About Ged Carroll

    Every day, to earn my daily bread I go to the market where lies are bought. Hopefully, I take up my place among the sellers. – Bertolt Brecht

    I am a brand planner and sometime digital marketer, living in London (on and off for the past 20 years, living in between in Hong Kong and Shenzhen, China) delivering programmes for a creative, communications and advertising agencies and their client base. More on that here.

    So back in 2002 it made sense to find out about blogs as a way of directly communicating with public audiences. This is back before social media marketing really became a thing like it is now. Instead we had chat rooms, forums, IRC (internet relay chat) and instant messaging.

    I have passed on digital skills as part of the Econsultancy training team, was a contributing author to The Social Media MBA and Share This Too, done public speaking and have been a business adviser to an architectural studio based in Shenzhen, China.

    I have freelanced for different agencies working on projects for clients like Mandarin Oriental, Sony and Unilever. You can find out more about my work, re professional stuff on this page.

    Prior to falling into agency life I worked in a number of roles, from McDonald’s prep rooms building racks of frozen chips for frying, to heading a shift team in an oil refinery and a brief spell in marketing for financial institutions.

    Probably the role that was closest to my heart was club DJ, because of my love of music. I still like to step behind the mixing desk and play new records with some classics and surprises thrown in just to keep people guessing. Vinyl is still king in my book.

    I guess this kind of gives you an idea of the lens through which I view the world when I write the posts:

    • An inquisitive nature
    • A love of reading instilled by my parents
    • An engineers view of quality from my Dad
    • Being a stranger-in-a-strange-land having come from an Irish household in the middle of the UK
    • A contrary outlook on life coming from being an only child
    • Being a counter-culture fanboy

    I found my way into technology mainly because I wasn’t afraid of it, rather than any real ability. I learned about technology in a very hands on way because there wasn’t any budget for an IT department in many of the early companies where I worked. I got experience on Macs, mainframes, DEC VAX mini-computers IBM and SGI UNIX boxes during five years or so in industry. I had my first email address early in 1994. In the tradition of the early net, I was a number rather than a name. I also managed to send my first spam email pretty soon after as I tried to offload some unwanted Marks and Spencers’ vouchers on my unsuspecting colleagues. Back then people were more concerned that I was creating and selling counterfeit vouchers (I wasn’t, but then I would say that wouldn’t I?) rather than the act of spamming itself.

    I took up technology that made a difference to my life: pagers, mobile phones, PDAs and Mac laptops. I still use Macs, though the pager, mobile phone and PDA has now been replaced by an iPhone.

    I am not very talented in the programming skills area, but was self-taught to write macros in Lotus 1-2-3 to automate optical fibre testing equipment. But that was a long time ago and I have forgotten more in that time than I’ll ever know again.

    Why renaissance chambara?

    The name is all in lower case because the web is built on the foundations of Unix. Linux is just a cheap knock-off, even Microsoft’s modern operating system borrowed much of its underpinnings from a Unix analogue called VMS. iOS and macOS are based on BSD, which stands for Berkeley Systems Distribution (of Unix). Unix only used lower case in its syntax, that’s the reason by email addresses and URLs are case insensitive.

    renaissance as in a wide range of interests – everything is inter-connected. chambara (チャンバラ) as in period samurai films (Ran, Hidden Fortress, Seven Samurai, Yojimbo, Rashomon, Hitokiri, Sword of Doom, Zatoichi series, the Lone Wolf & Cub series ) – because of my interest in East Asian culture. (chambara is also rendered into western script as chanbara – I made a choice, deal with it). renaissance wushu didn’t have the same ring and hallyu wasn’t really a thing until after I started writing back in 2004.

    If you need to ask more about the name you just won’t get it, just roll with it and we’ll be in like flynn.

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  • Nokia Smartphone Hacks

    O’Reilly are known for their technical books and they publish some of my favourite reference books: Flickr Hacks, Mac OS X – The Missing Manual and Learning Unix for Mac OS X Panther.

    At first I was skeptical, a book about hacking Nokia phones, what’s the point they’re so transitory as devices? I go through a new phone every 12 months or so.

    Nokia has released a plethora of OS’s for their phones: Series 40, Series 60 (of which we now have the 3rd edition), Series 90: which is what powered the 9X00 series communicators.

    To be fair most of the focus is on Series 60, the book provides advice on what hack doesn’t work with older Series 60 phones and highlights model exceptions.

    Nokia Smartphone Hacks at first seemed similar to other O’Reilly technical books, but as I worked through it over the past eight weeks in between work and travel I started to realise that Nokia Smartphone Hacks was different.

    The style and content of Nokia Smartphone Hacks has lots of useful content for the non-technically orientated users, this realisation slowly morphed into a realisation that Nokia Smartphone Hacks was in fact the manual that Nokia should ship with all their phones. It has a raft of helpful tips and links to really useful applications; many of them freeware and tips on how to get your phone to work with your Windows/Mac OS X/Linux box (delete as appropriate).

    Now some of the downsides:

    • The performance of a phone relies on a symbiotic relationship with the carriers network services (like port access), most the data in book usually relates to US carriers like Cingular / AT&T Wireless and T-Mobile USA
    • Size- its quite a weighty read but the content is really good

    More wireless related posts here.