From the Series, ‘Down and Out in Silicon Valley’.
(Names and locations changed to preserve the privacy of those involved).
I was daydreaming, as usual, at my desk in San Mateo. I rented a room in a small house with a nice garden tended by a non-antagonistic female room mate. My self employed ways didn’t bother this stalwart member of the technology working class; Victoria worked as an HR / executive assistant at a tech venture in Palo Alto, which gave her regular hours, and gave me leave to scream and curse over the phone, at the walls, and to myself, as the muttering tended to rise in volume as the day wore on.
I could also have meetings at the house, and pretend that I owned it, thus feigning a normal life, i.e., that I was NOT broke, that I have NOT squandered 6 months of lucrative consulting income on the ThruDispatch venture with no progress or code assets to show for it, and finally, I had NOT wasted most of the last nine months (since my last paycheck) either pitching, trying to build a team, or trying to get consulting work. This was all a front; I was, as the title of the series suggests, down and out and selling my toys and other assets. Thankfully, three months of very lucrative meat and potatoes work came swinging through via a recruiter in integrated manufacturing – one of my vertical IT standard specialties.
In my work as a product strategy analyst, my fortunes can, and often do, change in a single phone call. But it’s cold here in San Mateo, and my insistence at pushing ThruDispatch down the throat of the selfsame groups who assign value to temporal and ephemeral social media has not served me as well as I had hoped.
There are no warm feelings for the lone visionary, despite the best intentions of the self-styled Business Bootstrapping Blogger Brigade, their ministrations make my end-of-year that much more discouraging.
Back to my erstwhile daydream, more a flashback, for the event took place only six weeks ago:
(Harp Arpeggio….~~~~~)
Why did Arnaud Roland, the Senior Adviser of the Los Altos Technology Incubator, spend so much time trying to get a team of developers interested in ThruDispatch without a chance of recompense (it seemed at the time)? The mezzanine functional requirements of the system were, admittedly, much more complex than a typical bootstrap web startup. Was Roland just an enthusiastic dispatch work-flow groupie? Or, was there a connection with Hiryu Wattanabe, the father of errant Hank, the troubled software engineer?
I knew that Mr. Nabe (his familiar nickname), was fabulously wealthy, that he had a son in desperate need of place and companion, and this loving dad of dads would spend whatever to deliver happiness to his son. I also knew he was contributing each year to programs tangentially connected to the business incubator programs and various Standford related institutions.
So, I mused, we have:
1) Hank (Hiroshi Watanabe), a troublesome fixture at the Los Altos incubator, ejected multiple times for being disruptive and abusive in a place where real business was trying to get done -
2) Arnaud Roland, possibly a part-time babysitter for Watanabe Sr. He would look the other way when Hank was caught with his bedroll in the lab…..but he couldn’t play full-time social worker without risking his main mission -
3) Roland’s strenuous efforts to fit my black-sheep venture into some hybrid team of young developers resembling the ‘Dirty Dozen’, or the cast of McHale’s Navy.
(Harp Arpeggio….~~~~~)
Something was fishy.
(more…)
Sacramento – the sacred place where no tech gets done.
December 25, 2007None that you have heard of, anyway. That’s because what goes in the valley, behind the funding, the side deals, the dirty deeds, is profane. Just like a David Lynch film title, town monikers such as Sunnyvale, conjure a veil of hidden evil. Sand Hill Road, envisions a den of vipers hiding in the obviously gritty substance.
The Bay Area will garner fame yet again for the redundant capital placed in YAVSS and YASN. Yet Another Video Sharing Site and Yet Another Social Network will be our legacy for this upcoming foul year of our lord 2008.
The vortex of financial woes in the larger economy, which thankfully shall not be repeated here, will extend inexorably toward the cherished technology forges of Silicon Valley and the Bay Area tech shops, crammed full of ‘Silicon Valley Undertakers’; men and, increasingly women who have developed a serial reputation of raising, burning, and selling off half started technology properties, many of the last round, clones of YAVSS, and YASN.
So Sacramento may have an exalted name and no tech credentials, but the Silicon Valley is unholy altogether in it’s capitalization practices of late.
It sometimes happens that vertical markets with proven business models in the old economy, primed to take advantage of the new Web 20 technologies that have sometimes languished in consumer ventures, are slapped down good’o, by those who should know better. These smaller, saner markets deserve a hearing, but are often shut out by the noise of the YAVSS and YASN. The unholy gatekeepers? Please – the VC partners. The blood of the valley will ultimately be on their hands by way of their closing every avenue to some of the best blue-collar mobile ventures.
And, no, I’m not just speaking of ThruDispatch, my errant venture. I’m speaking of tales of woe gleaned from entrepreneurs with much better credentials and curriculum vitae than myself.
This article shall be extended when I cool down.
Tags:funding, startup, vencap
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