I have to give Jason Calacanis and Michael Arrington high marks on the execution of TechCrunch40. There were plenty of issues that have already been documented elsewhere on the net including lack of cell and wifi coverage, not enough time to see all the demos, and some less than stellar presentations so if you are looking for Jason bashing keep searching. These things were minor. Maybe I'm being too easy on the Conference, but my feeling is that the keynotes, the panels, and the views of the experts were worth the price of admission, and that being able to spend two days networking with the caliber of individuals who attended was icing on the cake.
So on to the title of this post. Most of the time I was wedged in the middle of a long table with very dangerous water pitchers looming over expensive laptops. This made it impossible to get up to the microphone stand to ask a question. Twitter and icq were abuzz with mockery and childish non-sense. Maybe I should do a piece about how twitter is making true professionals into teenage girls, wait Brian already did that. Comedy, satire, and cynicism have their place, but when combined with the anonymity of web chat room it is nonconstructive, completely defeating the value that could be attained by having a chat room for serious questions during the panels.
1) My name is Craig Wood, CTO of CrowdFusion - This question is for just about everybody who presented -- What is your business model? Seriously where is the money going to come from. I mean even if you believe that you have something so disruptive that FOX Interactive is going to have to buy you to shut you up tell me about it atleast it is something. Yossi Vardi started to answer on behalf of one of the presentors explaining that all it takes to survive is traffic. Let me ask a follow up.
2) Yossi Vardi, isn't there some traffic that cannot be monetized unless you have extreme google like scale? Aren't there segments of traffic that contain risk such as copy write infringement that negate the value of the traffic?
3) My question is for the guy whose name and company I couldn't make out. My name is Craig Wood and I am an English speaking white male -- looks like there are a few people here with the same demographics. Did you even consider getting someone to do your presentation that I could understand? It looks like you might have a good product, but I doubt we'll ever know.
4) A quick question for Marc Andreessen. Can I sweep your floor for a couple weeks? Don't mind these little electronic surveillance items, I use the tapes to analyze my form with the broom. No, No, the audio that's just for capturing one liners like "If you aim for the moon, you'd better hit it cause if you don't there is a lot of open space" and "Big companies are like Moby Dick if they roll over and show you their belly that's great, but if not you'll be out at sea a long time".
5) A question for all the cool things that I paid to come see, Where can I try that beta? Looks like your site is closed -- oh, fill the form like those playing from home? Really, if you are going to launch a private beta -- your testers are right in this audience. If there is a Techcrunch 20 or 80 or whatever next year, attendees should be able to signup for private beta before the non-paying public.
There are about 200 questions I'd like to ask the Getting Funded and Exit Strategies Panels. Seeing these groups on stage was inspirational on many levels. I'll limit my questions to two.
6) How important is it to have a solid "legal framework" of Company Ownership, NDAs, Employee Agreements, etc when taking an infant idea to an investor? How is it different to Angel Investors vs. VCs?
7) What are the things that would keep an investor from endorsing in what looks like a great idea? This was discussed by the Getting Funded panel, but most of it had to do with the personality and passions of the Founders. What about complicated ownership systems, overlaying companies, or IP questions?
I really had a great time in San Francisco, I want to thank Jason and Michael again for hosting it. Unfortunately I didn't see very much of the City, but that leaves plenty of reasons to go back.