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John Borthwick shares his journey from a tech-savvy youth to a prominent figure in the New York tech scene. He discusses his early experiences with computers, the transformative impact of the World Wide Web, and the vibrant tech culture of the 90s. Borthwick reflects on his role in creating Total New York, the lessons learned from the AOL acquisition, and the challenges faced during the dot-com bubble burst. He also highlights the rise of social media platforms like Photolog and the evolution of BetaWorks as a hub for innovation, particularly in the AI space. Throughout the discussion, Borthwick emphasizes the importance of creativity, constraints, and the ever-changing landscape of technology.
Chapters:
00:00 The Early Days of Tech and Personal Journey
02:11 Education and Its Impact on Career
05:15 Experiencing the World Wide Web
08:09 The New York Tech Scene in the 90s
11:08 Creative Projects and the Internet
16:01 Total New York: A Local Information Hub
21:40 Lessons in Distribution and Audience Engagement
24:57 The Evolution of Internet Distribution
27:58 AOL: The Internet's First Giant
35:54 The Dot-Com Bubble and Its Aftermath
37:46 Photolog: A Precursor to Social Media
44:56 Navigating Abundance and Constraints in AI
49:37 BetaWorks: A Hub for Founders and Innovation
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Welcome BACK to the Internet History Podcast. After essentially a 5 year hiatus, the Internet History Podcast is back, fully back, a whole slate of episodes coming to you, and I couldn’t be more thrilled to have our relaunch episode be with Jimmy Wales. What can I tell you? He’s the founder of Wikipedia. We get deep into the history of all that but also get into how he’s thinking about the web and Wikipedia in this age of AI.
Chapters
00:00 The Return of the Internet History Podcast
00:58 Exploring Trust in the Digital Age
04:09 Growing Up with Knowledge
11:53 The Journey into Technology and Finance
16:58 The First Encounters with the Internet
18:38 The Spark of Entrepreneurship
20:09 The Birth of Bomis and New Ideas
27:13 The Transition from Newpedia to Wikipedia
31:57 Navigating Challenges and Building Trust
42:25 Moments of Realization and Trust in Wikipedia
48:05 From Startup to Nonprofit: A New Direction
51:17 Lessons in Nonprofit Fundraising
53:02 Transparency and Community Engagement
01:00:21 Wikipedia in the Age of AI
01:07:29 The Future of the Open Web
01:08:58 Defining Purpose in Knowledge Platforms
01:12:05 Building Trust in Personal and Political Life
Takeaways
Wikipedia's growth was fueled by community engagement and open editing.
Trust is essential for the success of any platform.
The transition from Newpedia to Wikipedia was a pivotal moment.
Transparency in operations fosters community trust.
AI's impact on knowledge sharing is significant but manageable.
Defining a clear purpose helps in moderating content.
Wikipedia's model demonstrates the power of decentralized knowledge.
The importance of assuming good faith in online interactions.
Nonprofit status allows for a focus on mission over profit.
Building trust in personal and political life is crucial for society.
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People know that a16z changed tech by turning VCs and founders into rock stars. You know the names. But there’s one name you might not know, that real heads, deep inside the industry have known very well over the years. The legend, Margit Vennmachers. You know all those a16z names because of Margit, because of how she helped Marc Andreessen and Ben Horowitz and others build a16z into the most prominent VC firm in the world. This is a conversation with Margit about her entire career, her philosophy on coms and marketing and PR, and how a16z evolved. From the story behind Software Is Eating The World to how startups can build and burnish their own legend, from the woman who, behind the scenes, those in the know knew was making it happen.
Chapters
00:00 Intros
02:13 From Farm Life to Tech Dreams
03:56 Navigating Grief and Independence
09:38 Cultural Shifts: From Germany to Silicon Valley
12:25 The Early Days of Silicon Valley
21:05 Launching Outcast Communications
25:15 Building Credibility in the Startup World
27:31 The Rise of Facebook and Industry Cycles
29:43 Navigating Economic Cycles and Client Relationships
30:53 The Decision to Sell Outkast
32:43 Founding A16Z: The Backstory
36:48 Marketing Strategies for A16Z
42:00 The Evolution of Tech Leadership
43:53 The Role of an Operating Partner
46:39 Crisis Management in Tech
51:42 The Concept of 'Software is Eating the World'
55:41 Lessons from Two Decades with Mark and Ben
56:49 The Future of Tech and AI
58:06 Margit's Transition to Partner Emeritus
Takeaways:
Margit's upbringing on a small farm shaped her resilience.
Grief can lead to early maturity and self-reliance.
Her first tech job sparked a curiosity about the industry.
Cultural differences in Silicon Valley were eye-opening.
Founding Outcast Communications was driven by inspiration, not frustration.
Crisis management is crucial in maintaining a company's reputation.
PR for startups requires a focus on storytelling and relationships.
The dot-com bubble taught valuable lessons about sustainability.
A16Z's approach to venture capital emphasizes personality and visibility.
The future of tech is intertwined with the responsible use of AI.
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For my entire career in tech and startups, Fred Wilson has been like the god-level VC in the New York City ecosystem. Fred got his start investing before the dotcom bubble, rode the bubble investing in the earliest internet companies to great success, and then turned Union Square Ventures into the premier venture capital firm on the east coast. Hear the story of Fred’s investments in Geocities, Etsy, Coinbase, MongoDB among others. When I first started this podcast almost 12 years ago, Fred was one of the top 5 people I wanted to talk to.
Chapters
00:00 The Four Technological Revolutions
11:08 Fred Wilson's Journey into Venture Capital
21:34 The Rise of New York's Tech Scene
34:53 Founding Union Square Ventures
48:00 The Evolution of Web 2.0
57:16 Current Technological Intersections and Future Outlook
Takeaways
There are four major technological revolutions happening simultaneously: AI, synthetic biology, energy transition, and crypto.
Fred Wilson transitioned from naval engineering to venture capital due to a passion for technology and finance.
The New York tech scene began to emerge in the early 90s with digital media and online services.
Flatiron Partners was founded to focus on internet investments during the dot-com boom.
Investing in companies like GeoCities and Etsy showcased the potential of the internet.
The dot-com crash taught valuable lessons about sustainable business models.
Union Square Ventures was founded during a challenging economic period, emphasizing the importance of the application layer of the internet.
The rise of social media and user engagement became central to investment strategies in the 2000s.
Fred's blog became a platform for sharing ideas and attracting founders to his firm.
Current technological advancements are driven by the convergence of AI, biology, energy, and crypto.
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Serial entrepreneur Shirish Nadkarni came to the U.S. as a teenager with $25 in his pocket. After graduating from Harvard Business School, he worked at Microsoft where he engineered the $400 million acquisition of Hotmail and launched MSN.com, the world’s leading web portal.
Striking out on his own in 1999 at the height of the dot-com boom, he founded TeamOn Systems, an early pioneer of mobile email that was later acquired by BlackBerry before becoming BlackBerry Internet Email servicing over 50 million users at its peak.
His great new book is: From Startup to Exit: An Insider's Guide to Launching and Scaling Your Tech Business
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Is technology really rotting our brains, destroying our society... or is that what everyone has always worried about with every technological advance, going back to tv, or telephones, or even writing letters? The new book, Bored, Lonely, Angry, Stupid: Changing Feelings about Technology, from the Telegraph to Twitter tries to look at this question from a historical perspective. Is it really different this time? But more importantly... to what degree has technological change impacted how we think of things, and vice-versa.
My thanks to the authors, Luke Fernandez and Susan J. Matt.
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I’ve said before I wish I could cover technology history beyond just North America, more… Well, Charles Miller has started a great podcast in Britain called Tech Business History. Charles used to report on the tech business as a BBC documentary producer. In the first series of his podcast, he’s exploring the dot com boom in the UK with some of the people he met when he was filming for the BBC back in 1999. It’s a fantastic show that I’ve fallen in love with, so what I want to do is play you an episode from his show that was amazing. It’s exactly the sort of interview I wish I had gotten for this show: In the episode we’re going to hear, he talks to Darryl Mattocks, the founder of a very early dot com called The Internet Bookshop. Yes, they were selling books on the internet before Jeff Bezos did. But I’ll let Charles introduce his guest – in this episode of TBH – Tech Business History. And if you like it, do catch up with the other episodes on iTunes or from your podcast provider
The Tech Business History Podcast
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Kevin Scott is the current Chief Technology Officer of Microsoft. We talk about his entire career, how being an academic seemed to be his path before he transformed the ads system at Google. Then he revolutionized the entire advertising industry at AdMob; is credited by some people by saving LinkedIn from technical rot; and now, today, oversees Microsoft's efforts in AI, VR/AR all the future things. Fantastic conversation.
Kevin's podcast is: Behind the Tech
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