In Vegas, Live-Rummaging Bid-Fest Brings in the Horde

by David Gosse on November 30, 2011

Point, click, rummage sale.

Vegastech Logo

#VegasTech is on a hot streak, sporting over 200 local tech startups, multiple incubators in the works, angels who are downright jittery about defending their turf from outsiders and big data guys who are setting up the most incredible infrastructure on the planet. Oh, and the #VegasTech horde is double rainbows and unicorns amazing. The scene is infectious. Vegas has struck gold right in the heart of downtown.

One of those nuggets is local Las Vegas super-crew www.rumgr.com. The team @dylanbathurst, @raycmorgan and @alexcoleman have made it stupid-easy to sell stuff locally. Simply download the Rumgr app, take a picture of whatever it is you want terminated from your residence and wait for rummagers to take it off your hands. No complex listing requirements, no shipping and handling, no approvals/denials, you don’t even need to list a price for the item (although we are a little worried about seeing some of JJ’s junk on Rumgr).

Sounds harmless enough, but what makes it a game changer? Can Rumgr really put Vegas on the tech startup map? The new chapter of Mobile Monday Las Vegas which launches on December 5th thinks so.

The event is going to be at UNLV and is expected to be sold out. The speaker roster and product demo line-up is fan-boy worthy. Rumgr will be showcasing their product via a live auction to help raise money for MOMOLV.  To kick off the night, Rumgr is setting up a dual projector screen presentation to educate the audience:  how to download and use the app on one screen while displaying the items that have been donated for the live auction on the other. This is a real-time, real-community event where passionate #VegasTech supporters come out not just to listen to another presentation, but to actively support their homegrown startup and get involved.

Numbers matter in the startup world and sadly, Vegas does not have a large early adopter community like Silicon Valley. Getting to 10,000 users in this town is like trying to get a psycho-hoarder to purge. So Rumgr is taking full advantage of every opportunity to not only support a worthy cause but innovate and draw users in by the droves. Local wine snobs have donated a number of frou-frou bottles of Bordeaux and the crowd expects to get a deal (Ha! Throw in a buffet and maybe). Match the frenzy of an “I wanna be popular too” auction (bidders get to see their profile pics on the big screen, winners will be heroes), with the loyalty of the locals that attend every #VegasTech event thrown at them and the Rumgr app will be taken to a whole new level.

It is entirely expected that everyone in attendance will participate. That kind of magic goes viral. Think of the application on a global perspective. Events happen each and every day all around the globe. They all need something to spice them up and they all desperately need more money and more audience participation. Oh yeah, the “new” term for that is social media – a big thing with the search engines nowadays. Getting an audience or a community to love you and tweet, fan and plus your way to stardom is not easy (#SEO). For most actions, there are very few social reactions. But Rumgr has found a way to get total audience participation at each event they attend and that translates to Google ranking gold.

I’ve seen it all too often. Huge money is spent putting on events, trying to be innovative and elevate the audience to some new state of consciousness only to receive nothing in the way of social mentions. And that’s what everyone wants right?  Attendees have already become too lazy to even tweet or it’s no longer cool to simply announce to the world that I’m at this “super awesome – conference” that is just like every other conference happening at this exact moment. It’s all just noise.

But bring the whole room into a collaborative social action, a competitive show-boating bid-fest and the social fun is written on the wall.

Rumgr is getting its early adopters in a very smart way. A true win-win-win in a town where #winning is a pipe dream the locals are all too well schooled in. Now, some savvy Las Vegans are investing in tech, which could well be the other game in town. Like Rumgr, comprised of some smart ex-Zappos c0drs who get simple-stupid and are the life of the party. It’s a winning combination.

Vegas tech is a whole new kind of wonderful, people. Check-change, we’re cashing in!

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2011 – The Year of the Entrepreneur

by David Gosse on February 1, 2011

The Dow closed today above 12,000 for the first time since June 2008.

I believe that we will look back at this decade as the beginning of an economic revolution as important as the scientific revolution in the 16th century and the industrial revolution in the 18th century. We’re standing at the beginning of the entrepreneurial revolution.

You see, it’s only in the last few years that we’ve come to appreciate that past start-ups were constrained by:

  • long technology development cycles
  • closed clubs of venture capital
  • geographical constraints (success clustered in regions such as Silicon Valley, New York and Boston)
  • high advertising costs
  • excessive failure rates (less expertise on how to build start-ups)
  • slow adoption of new technology by large companies

But search and social have changed all that…

When in the U.S.’s history has the President actually addressed America saying that we are a “nation of Facebook and Google?”

Google just announced that it will be hiring over 6000 new positions this year. Apple is now the second largest market cap company in the U.S. after Exxon/Mobile with a valuation over $300 billion. LinkedIn just filed for its upcoming IPO and the Global IPO market is on track for its biggest January in years, if not ever! By the end of January 88 companies are expected to go public worldwide.

When I last wrote about Facebook, its valuation had just hit $40 billion. In a few short weeks they have announced successfully securing another $1.5 billion in funding (a record breaker for pre-IPO) putting their valuation north of $50 billion and subsequently, Facebook now plans to file its IPO paperwork by April 2012. And by the way, $1 billion of the funds raised comes from Goldman Sachs’ wealthy individual clients – an insider’s only deal (as an angel investor, you can eventually work your way into those types of circles or at least set your sights there…). Facebook also surpassed Google as the most visited site in 2010 and should be able to hold that position from here on out.

But in even bigger news: “Pardon me, but you wouldn’t happen to have any Group-pon?” Groupon recently raised $950 million in a series E round, giving it a valuation of $15 billion. Its founders seem to be living by the creed of striking while the iron is hot – off the heels of the $6 billion Google offer. This is incredible for such a young company. Groupon’s sprint to the public markets matches the speed of its own evolution. In less than three years, the daily discount site has gone from a start-up to one of the Web’s fastest-growing companies, with more than 50 million users worldwide and annual revenue of more than $1 billion. Its staff, now 3,100, has expanded so quickly that the company, which is based in Chicago, had to relocate its meetings to a nearby church.

More than $573 million of Groupon’s take was used for liquidity, which means that only $377 million was new equity. I bet you all wished you were angels in that deal! Many of the Groupon shareholders were upset that Google’s $6 billion buyout was turned down, but this $573 million that got paid out to existing shareholders softened the blow. The new $15 billion valuation helped too…

Living Social, a Groupon competitor, received $175 million investment from Amazon and two weeks ago launched a one day deal for Amazon gift certificates. For 24 hours, it sold $20 Amazon gift cards for half that price, and customers eagerly chomped at the deal. In the end, 1,378,938 million cards — the equivalent of 7,600 an hour or 80 per second — were sold in the U.S., and the resulting frenzy made headlines as the biggest Living Social sale to date and what the company argues was possibly the biggest flash sale ever.

All this frenzy points to the new golden era that is now upon us: crowd-leveraged-networks, a.k.a. social media. When you can organize millions of users under one connected umbrella you have the power to instantly drive revenue based on what the crowd dictates, validates and demands. In essence, the Living Social deal turned crowd-leveraged-buying away from just local restaurants and business coupons to any type of deal that has mass appeal. Books, electronics, media like movies and music, household items and even automotives could all start to make their way into this social buying space. The crowd doesn’t even need to commit until enough participants have agreed to the deal. If enough commit, then the sellers can find a way to make the margins work for them – the social Wal-Mart.

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Crowdsourcing, Crowd Funding & Now Crowd Wisdom

by David Gosse on February 23, 2010

Lord Of The Rings Blu-rayBy now we have all heard of crowdsourcing and crowd funding – the concept of social collaboration on specific projects or networks. But what about taking it a step further and putting a voice to that crowd to actually empower change?

There is a new social media phenomenon emerging called “crowd wisdom.” I think that it could be collectively tracked and connected to form an alert system or call-to-action system that calls attention to when consumers are getting ripped off. Think of the concept of “most popular tweets” or Tweetmeme’s filters but as a vertical application aggregated together into a true social awareness system instead of just a popular news source.

I would love a system that is better than just reviews or a simple product warning, but would rather cause manufacturers to think twice before releasing a product that suits their criteria. A crowd wisdom system would motivate them to instead release it the way the crowd wants the product to function. I think Apple tested the waters on the price point for their new iPad by leaking pricing info ahead of the launch, but even that doesn’t go as far as I would like.

TED speaker and The New Yorker contributor James Surowiecki writes in his book “The Wisdom Of Crowds” about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member of the group.

I like where that thinking is going, but instead of just making decisions, why not use the crowd to rebel against commerce, when the machine tries to rip off consumers? I kind of like the sound of that.

The Lord Of The Rings trilogy is soon to be released on Blu-ray. This is long overdue. When originally release to DVD, the studio first released the theatrical version, then finally the director’s extended version. Fans were upset with the need to purchase two versions because the studio did not release the “best” version first. We all know this is a ploy to make more money. iPad is being released without many features that could have been included in the first version, but that wouldn’t make Apple the same amount of revenue that a multi-stage roll out could.

Fans of the Lord Of The Rings took matters into their own hands and collaborated to drag down the product review for the upcoming Blu-ray release over at Amazon. If you read the first few posts: “We won’t get fooled again…”, “Why do you want to rip us off?” and “You will be disappointed with this theatrical version!!” you will see the power of crowd wisdom in action.

Once again Amazon, in an indirect way, is pioneering a crowd wisdom system that gives power to the consumer. It communicates directly to the manufacturer and tells them to change their tactics or else. I hope Amazon will see this and use it to fight for the consumer. None of us want the “theatrical” versions of any type of product. It is simply waste.

The message from the crowd is that we want the best any product can be right from the start. Mark my words, there will be a social media startup that will leverage this concept into such a powerful pre-launch feedback system that no company will dare release anything without first consulting the wisdom of the crowd.

I hope that day comes soon. Until then, I am waiting for the extended Blu-ray version.

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Best Cup Of Coffee In The World

by David Gosse on February 7, 2010

I love fresh brewed coffee. I use a french press every morning and brew a super strong cup using different small batch roasters that I find from all over the web. Old Bisbee Roasters is by far the best coffee I have had – period! Bisbee supports family-owned farms and co-operatives that produce the finest tasting varieties in the coffee-growing world. Small farm coffee is rare, delicious and unusual. I prefer the organic blends because they have zero hints of pesticides or chemical taste.

At Old Bisbee Roasters their goal is to allow you to experience small farm coffee “roasted to taste” and delivered fresh. And I mean fresh. When I order a few pounds, they roast and ship it the same day. It usually arrives one or two days later. The experience of walking out to the mailbox it quite amazing. From 30 feet away you can smell the coffee. I am not kidding. The fresh roasted aroma is so amazing and so strong all you can smell, even when you are outside, is roasted coffee beans. It overwhelms your senses and the taste buds explode.

Organic CoffeeYou will taste the pride, love and devotion of Bisbee’s coffee growers in every cup. Whenever possible, the coffee growers family or farmer’s co-op name is printed on the label, as well as the growing region and country of origin. Bisbee’s roasts these intense and unusual coffees by taste, not to color or brewing style.  For this reason, you will find there are no “French Roasts” at Old Bisbee Roasters, only the roast that develops the most flavor from each bean.

Everything I have ordered has been unique and incredible. There is nothing like it. Some types of beans brew to a liquid consistency of thick dark chocolate. Much thicker than a traditional brew, but not overpoweringly strong. This is because the oil content in the beans is higher since you get to brew it only a few short days after being roasted. It is so good, you can feel the love.

Roasting “to taste” allows you to experience the joy of small farm coffee. Bisbee’s is passionately devoted to quality, and finds the best coffee is often available in very short season. Your coffee will be custom roasted in a 10 lbs. drum, packaged with your name and roasting date on the label, and shipped while still warm by USPS Priority Mail. Almost all orders shipped within Arizona are delivered next-day, while orders shipped coast to coast within the US are delivered within two days.

I believe you will find nothing in this world compares to the taste of a truly good coffee from a small family farm. Bisbee’s is beyond compare in the quality and care they show during the roasting process and they are equally as serious about getting those wonderful beans to you as soon as possible. Experience something beyond the typical franchise coffee chains and frou-frou boutiques. Try something that supports the small family farmers and makes a positive impact on the world around us. You won’t be sorry, Old Bisbee Roasters will take you to a whole new level of appreciation for the magical brew that keeps us geeks fueled each day. Enjoy!

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New! Twitter’s Retweet Feature (BETA)

November 6, 2009

Twitter just launched its new “retweet” feature in limited beta rollout. Below is the screenshot of the feature when first enabled in my Twitter account. As mentioned in Twitter’s recent blog post “Retweet is a button that makes forwarding a particularly interesting tweet to all your followers very easy. In turn, we hope interesting, newsworthy, [...]

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Boba Fett Still Rules

September 22, 2009

Few of us 30-40 somethings haven’t been impacted in some way by the Star Wars movies. Who didn’t play Luke Skywalker or Han Solo as a kid, saving their Princess Leia from the evil Empire? However, as most of us grew into our teens and on into adulthood we left a galaxy far far away, [...]

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Successful Launch of Namechk.com

April 22, 2009

On April 1st a good friend of mine, Andy Edinborough, and I launched a new website, namechk.com. Namchk helps visitors check the top social network sites for their desired username availability. Visiting the top 100 social sites one at a time would take a lot of time, but Namechk queries all of them in about [...]

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Las Vegas WeAreNetwork Search Engine Live

March 18, 2009

Local search engine developer WeAreNetwork, Inc. has been incorporated in Nevada and headquartered in Las Vegas since 2003. However, we just finally launched the human edited Las Vegas local search engine this month. The WeAreNetwork is a national network of local search engines built to power vertical portals that need a local search engine added [...]

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Twitter Founder Evan Williams On The Charlie Rose Show

March 2, 2009

Evan Williams, cofounder & CEO of Twitter, on the Charlie Rose show.

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Are You Twitterpated Yet? Best Apps To Use With Twitter

February 15, 2009

I must say I am completely twitterpated with Twitter. I only recently joined Twitter but I am smitten. I love the incredibly relevant industry related information that can be learned from tech and social leaders on Twitter. Since joining Twitter, I have helped a number of friends, family and work associates become familiar with Twitter [...]

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