Posts tagged ‘startups’

March 25th, 2012

Õlgmees-kullakaevajad ja Garage48

Lugesin Raivo Heina laialt levivat blogipostitust ja kuigi sellega on lihtne suures osas nõus olla, tuli paar põlvenõksatust siiski. Ja kuna diskussioon on nii feissbukiseinasid-pidi laiali, siis ei osanud nende seast enam valida ja positan hoopis siia. (Kõrvalpõikena: distributed conversations on jätkuvalt lahendamata probleem, startupihuvilised).

March 8th, 2012

Teema 2012: Töötajad omanikeks

Jätkuks eilsele postitusele, toon Teema 2012 ettepanekute paketist kommenteerimiseks ja aruteluks välja veel teise mulle südamelähedase mure: kuidas teha nii, et Eestis üha enam ajudega töötajatest ei oleks mitte pelgalt töövõtjad, vaid omanikena suuremad osalised iseenda loodud väärtuse jagamises.

Esimest korda kirjutasin töötajate optsioonide teemal aastal 2009 ja sellest ajast saadik on omajagu vett merre voolanud. Positiivne on see, et tänane tulumaksuseadus käsitleb optsioone ja maksustab neid ka pärast kolme aasta möödumist mõistlikult (ehk siis tulumaksuga tulu tekkimisel). Samas on esimese aasta praktikas juba koorunud välja rida küsitavaid (vt ka nt selleteemalist Facebooki-vestlust) ja kurbloolisi näiteid, mida seadusandja selgelt ei soovinud, kus võimalike pettuste piiramiseks ehitatud võrku kipuvad kinni jääma nii Eesti startupid kui siinsete rahvusvaheliste firmade töötajad.

Muutuv maailm eeldab iteratiivset lähenemist ja alltoodud tekst seletab veelkord konteksti ja juhib tähelepanu neile “järgmise ringi” parandustele, mida riik lähenemises ja seadustes võiks teha, et meil ikkagi oleks rohkem omanikest töötajaid. Peamine eeldus, konstruktiivne dialoog, on selleks olemas.

December 5th, 2011

A Year With Estelon

Pretty much exactly 12 months ago I made my first angel investment ever in a company that makes physical things. My entire entrepreneurial career and the businesses I’ve supported on the side have always evolved around outcome you can not really touch: would it be software or consulting and services.

On this backdrop, the magic of turning ideas into physical objects has a special appeal for me. Estelon‘s flagship speakers weigh 85kg a piece yet are delicate enough to ship with a pair of white gloves for handlers. Their distinct shape is driven as much from physics as from visual aesthetics. And when they actually perform their primary function of music delivery it is as close as it gets to engineering creating pure emotion. The kind which both justifies and makes you forget the fair value on the price tag at the same time.

September 9th, 2011

Estonian Faire in London: Seedcamp Week 2011

After I’ve missed a few events since I was last mentoring at Seedcamp in 2008 after its launch in 2007, managed to sync another London trip with being there again for Seedcamp this week – unfortunately just for the Product Day on Tuesday and a few evening meetups. You can look at full announcement, participants list and agenda here and daily summary clips on YouTube.

Besides a chance to sharpen your mind and spend time discussing their products with the cream of the crop of young European entrepreneurs, a good reason to show up was a recent invitation to join the newly formed Seedcamp Advisory Board, which got announced now. There is tons of action and tons of traction around the European startup scene and Seedcamp has earned quite a central role in this movement. I hope I can contribute to bridging that “center” with the Nordic corners of the continent, where there is tons of tech innovation action happening in my homely Baltic and Scandinavian countries – with the role model and community around Skype playing no small part.

July 25th, 2011

Summer of Startups 2011

Spent almost a full day last week in Helsinki by invitation of Aalto Entrepreneurship Society (See also: #aaltoes & on FB) to speak to 10 teams of their Summer of Startups program. All-in-all it was a worthy time investment for me, and I hope for the teams too – after a lecture on the history and learnings from building Skype I could spend about 20 minutes in a mentoring session with each of them.

Characteristically to being just in the middle of a 10-week intense effort of forming their products in such an early seed stage it is far too early to tell which one of them will actually fly as a company. It could be well just 1-2 companies and I have my hunches to which one(s), if any – won’t reveal that before their final pitches on August 10th though. Nevertheless that same hunch tells me that out of the people present the ratio of future success will be much higher, and even if their current concept fails they will find a new idea and potentially a differently formed team that will help them succeed in the future.

March 17th, 2011

Do Startup Weekends Help Create Startups?

The most recent Garage48 weekend event in Tallinn sparked some healthy discussion around the perceived and actually delivered value of this format towards the commonly accepted goal of creating more young, brave and hungry technology businesses in the country. The devoted fans of the time-constraint, playful and cutely random 48-hour hackathon were publicly questioned if their lack of attention to the big bad real world (business cases, marketing channels and Terms of Service legalese) were not accidentally misleading the youth to think that creating a real company is a joyride, lacking the need of solving the really hard problems.

Following the discussion (including further reading pointers in the end of this post) it felt like a bit more universal of a worry than just this particular event or our particular country. To share these concerns — and furthermore — seek further input from the international scene of startup support programs (and reacting to a random Facebook comment requesting the same) I decided to turn this conversation to English. And as it felt very little value add over Google Translate to start replicating the brightest arguments I decided to do something different.

Let’s try to visualize this conflict.

February 28th, 2011

Estonian State Budget Visualized

Garage48.org guys had another one of their weekend hackathon events, returning to homely Estonia (after Helsinki and before Riga and Stockholm events – check them out) to focus more narrowly on building working apps that address some public service need.

There has been some fair coverage already, on the high quality output from the event (see the project list here) and some of the impediments the event revealed about things like government providing access to data freely for all kinds of app developers. (if you speak Estonian make sure to read Teller and Memokraat).

But more specifically I wanted to share a few thoughts on a special prize I got to hand out – for the state budget visualization app MeieRaha.eu (OurMoney in Estonian):

MeieRaha.eu

Why do I think it is important to visualize something seemingly as boring as a state budget?

First and foremost, it is definitely one set of data any country has to have that while touching every single person in a country is almost completely detached from any comprehension by those people. The reasons are multifold:

  • access to data – frequently checking some spreadsheet files on Ministry of Finance webpages as a pasttime, anyone?
  • volume of data – apparently the 2011 budget of relatively tiny Estonia is about 500 pages
  • bureaucratic structure and terminology – regular people have mental models derived from their own life (kids/health/work…) rather than government structure or department responsibilities (different ministries, state vs municipal, etc)
  • just too large numbers – a normal person can freely count money in the scale that they receive monthly on their own bank account, and maybe avoid major mistakes in the range of their annual income. (To argue for anything beyond look at consumer behavior before your average mortage crisis). For too many a million, 100 million or a billion blend together into abstract “a lot of money” that they are not able to grasp pragmatically, let alone have a comparative discussion around.

Understanding the dynamics of our budget, keeping it balanced, the relative scale and interconnections between income and expenditure items becomes double important before the elections (such as the ones we are in right now, to close this Sunday). Every party pays top dollar to put forward oversimplified promises in heavy pre-election advertising – but it is very hard for a voter to understand what the real cost (or alternative cost) of “free higher education for everyone”, “4-lane road from Tallinn to Riga”, “higher pensions for mothers” or rather silly “citizen salary for everyone” would be.

Taking the above thinking and some recent examples by New York Times Budget Puzzle or The Guardian’s Spending Review or Where Does My Money Go? (really, all worth checking out!), we were chatting with a few friends about a month ago on how to create something similar in Estonia before the March elections. As a citizen and technologist I am a huge supporter of anything that creates more transparency, better understanding, less populism and ultimately – more educated decisions in democracy. But as usual, everyone in that particular Skype chat though feeling very much the same played the always handy “I’m really busy this week” card and while at it I also added that if someone gets it done I’m happy to put some money in.

Though Garage48 events are never about the prospect of pay I was extremely glad that some people (namely Rene Lasseron, Tanel Kärp, Helena Rebane, Konstantin Tretjakov, Martin Grüner, Reigo Kinusar, Hegle Sarapuu, Henri Laupmaa – let me know if I’m missing someone!) came along with the idea and actually made it happen – and I got to keep my promise.

The site today works showing the actual approved 2011 budget for Republic of Estonia. You can fold items apart and together, resize the bubbles to see cross-dependencies, drag in comparison items (those gray bubbles on the bottom) and attempt to push the budget out of balance (the scales in the middle). Yes, there are a bunch of glitches here and there, but hey: what was the last piece of working software you delivered in a weekend?

On this baseline I hope at least part of the team will stick together and leverage some more organized support from research bodies like Praxis, one of the most prominent policy thinktanks around here (disclaimer: I happen to sit on the board there). There is a bunch of obvious improvements to prioritize and deliver now:

  • translations to Russian, English and other languages
  • automated and ordered data exchange with the government to manage updates (both budget changes inside a year as well as annual regular updates)
  • improved engine for budget item interdependencies, to answer questions on what could happen if unemployment rates change and thus the actual tax collection goes up or down inside a year
  • support for budget item “bundles”, for example to layer a number of budget item changes (like a certain party’s promises all together) on top of the baseline
  • figure out the social possibilities on top of this data – how do people want to customize, record and share their versions of budget changes created by a tool
  • tools for mainstream media to use this tool as a standard way to illustrate the impact of any ongoing public policy discussion
  • … — please do leave more ideas in the comments!

 

February 20th, 2011

Välisinvesteeringud, väljamurdmine maailma ja Mikser

Reedel toimus Eesti Tööandjate Keskliidu iga-aastane Tuulelohe Lend, kuhu ma kohale ei jõudnud, aga olen pisteliselt lugenud sealsetest esinemistest tekkinud uudisnupukesi.

Näiteks Äripäev vahendab Allani seisukohta, et otseinvesteeringud kipuvad meile tulema väärtusahela alumisse otsa ja seetõttu peaks nende peibutamise asemel riik neist enam stimuleerima Eesti oma kapitalil ettevõtete maailma murdmist.

Oluline teemapüstitus. Mina arvan, et meil on 5-10 aasta perspektiivis veel kindlasti mõlemaga vaja aktiivselt tegeleda. Kuniks Eestisse registreeritud peakorteriga startuppe maailma suurimaiks inkubeerime ja stimuleerime (vt Eesti Startupijuhtide klubi, OpenCoffee Tallinn, Garage48, MKM Startup Estonia jne) on Eesti majandusel ilmselt jätkuvalt rõõmu ka Skype’i, Playtech’i jt välismaiste peakorteritega, aga suuresti Eesti ajupotentsiaali baasil kasvavate tehnoloogiafirmade siia toodud töökohtadest, maksudest, võrgustikust ja kogemustest. Ja kardetavasti ka natuke kibedat kurbust kui Barclay’s või IBM oma targad töökohad hoopis Leetu loovad.

Küll aga paluksin lugejatelt, eriti neil, kes viibisid Tuulelohel kohapeal ja/või kuuluvad Sotside toetajate sekka, pisut tõlkeabi samast sessioonist. Isegi näpuotsatäie soola abil, mida on õpetanud tarvitama meie online-ajakirjanduse keskmine tsitaadikvaliteet, ma lihtsalt ei saa aru, mida see parteijuhi seisukoht tähendada võiks programmi mõttes:

“Oma investeeringutel põhinev Skype oleks veel tobedam kui välismaised otseinvesteeringud,” arvas samas rahvusliku majanduse diskussioonis sõna võtnud Sotsiaaldemokraatliku Erakonna esimees Sven Mikser.

[UUENDATUD: tobeduse-müsteerium lahendatud]

Jätkates eelmise postituse valimiseelseid mõlgutusi: kujutlege ette skaalat, mille ühes otsas (1) on aktiivselt meelitatavad välisinvesteeringud ja teises otsas (10) on eesti-keskselt formeeritud (asutajad, kapital, registreeritud peakorter, maksuresidentsus, töökohad) “meie oma” ettevõtlus.

Kõhutunde järgi ütleks, et täna on Eesti selle skaala välisinvesteeringute-meelitamise otsas, nii 2-3 kandis? Kus me aga sellel skaalal peaksime olema, Riigikokku püüdlevate erakondade ja kandidaatide arvates? Ja milliste aktiivsete meetmetega nad skaalal sinna punkti jõuda plaanivad?

Vastusepakkumised ja diskussioon on väga teretulnud.

September 21st, 2008

Seedcamp 2008 was fun

Taavet on panel
Spent a day at London [Seedcamp](http://seedcamp.com/) Week’s [Product and Marketing Day](http://seedcamp.com/pages/weeks_program#2008) again. Hit quite a jackpot on the mentoring group selection lottery and got to spend time with four out of the total seven winners of this year:
* Kyko – online multiplayer gaming by the creators of [Babuki](http://www.babuki.com/mainpage/), with a neat angle of tapping into existing social/IM networks to build their userbase.
* Stupeflix – French startup generating time-synced video clips out of static images and music. [Animoto](http://animoto.com/) competitor with a strong technical performance edge.
* [Toksta](http://www.toksta.com/en/liveconfig/) – whitelabel web based IM client for social networks from Germany.
* [uberVU](http://www.ubervu.com/) – my personal favourite, coming from Romania: crawler based harvesting of comments to and discussions around your content from wherever it get syndicated to. Think of seeing not only the comments to your video directly on YouTube, but also on any random blog that this video got embedded to or any twitter post referring to that video with a tinyurl.
[Decisions for Heros](http://decisionsforheroes.com/) whom I also met have found a very sharp niche of catering the dataporn needs for rescue teams, and I just loved their founder Robin´s passion. Wish them all the best even if they didn’t win this event.
All-in-all and with a few exceptions, I was more impressed by the people and their passion rather than the specific business ideas. Of course, it sort of has to be very hard to differentiate a great company from an utterly silly one before it gets off the ground, otherwise we would all be angel inverstment gazillionaires in a blink. Judging people and their characters is a much more natural task – and I really did like most of whom I met.
In addition to the roster of enthusiastic startups, I am also very happy about making some new friends among [fellow mentors](http://seedcamp.com/pages/mentors), such as [Robert Gaal](http://www.linkedin.com/in/robertgaal), co-founder of [Wakoopa](http://wakoopa.com) (which I have been a user of for a few months) and [The Next Web](http://thenextweb.org/). Chatting with guys like him is very energizing and raises hopes about the vision of Europe as an innovation hub. Which was Saul’s point of creating Seedcamp after all, wasn’t it?

August 4th, 2008

Seedcamp 2008 – apply fast!

Just a quick reminder that this year’s Seedcamp is getting close and the application deadline is already this Sunday, August the 10th.

As a reminder:

Seedcamp is where Europe’s top young founders can come together in one place.

From securing funding to developing the right network, young entrepreneurs in Europe face challenges in building globally competitive technology businesses. Through the provision of seed capital and a world class network of mentors, we want to provide a catalyst for Europe’s next generation of entrepreneurs.

(See also my invitation post from last year for some background and the great Seedcamp 2007 recap video)

There was just one Estonian entry – RealEyes – last year and unfortunately they did not make the shortlist. So if you’ve been playing with an idea to start your own company, get your act together and apply now to get a proper kickstart.

This year, there is also a potential shortcut to the shortlist. Just go and win the Video Pitch contest.

It looks like I can make it there this year again as one of the mentors. Last year was fun, hope to see you there.