Categoriearchief: creator economy

Missing the Moon

It can be delightful to revel in hating things, and Bending Spoons seems purpose-built for the role. It’s Italian, not so bad. It has a lot of money, and that needle on our irritation meter starts twitching. Also, it’s a cynical machine that buys fading dreams, clips their wings, and poops out capitalist uniformity. 

Are you there yet?

Dicks. 

So what do dicks actually do?

Well, this week, they – the buy-and-not-so-much-build club – acquired Airtable. I still remember wanting to build an app on Airtable back in 2021, because it was so cool amongst the nerds. But I also remember the reorganizations starting the very next year. Looking back, the warning signs seem painfully obvious: funding round after funding round, endless free tiers, very few enterprise customers.

That’s the thing about warning signs. In hindsight, you convince yourself you saw them all along.

Before Airtable, the Italian outfit acquired a whole series of apps that were, for about fifteen minutes, the coolest thing on Earth: Vimeo, WeTransfer, Meetup, Eventbrite, Evernote. For a certain kind of trendy tech nerd, that acquisition list is a complete trip down memory lane.

If you follow tech nerds on Twitter, you don’t even need to keep an eye on the mergers market. You’ll hear all about it, the moment their favorite product gets clipped and groomed. First, it stops being cool and the founder disappears. Then the price goes up. Finally, all forms of support vanish.

Do you have white knuckles from clenching your fists yet?

Good. 

Anyway.

Around 2010, for about five minutes, I was one of those coolest-app-in-the-world things too.Well, maybe two steps below that: National TV, national newspapers, events, viral launches, smoking servers, trips around the world. But mostly in the Netherlands. Mostly among boomers, too. (<3 Dutch boomers.)

It was a moonshot. We would become the new way people connected with their communities.

And we, or rather I, failed.

There are many reasons why it never became the next Facebook. I’ve written about some of them before. And one of them is liquidity – in Europe. Plenty has already been written about that, including by people who write better than I do.

Once you’ve given up on your dream, once you’ve fought yourself tired because you wandered two or three streets too far, you still have to figure out what to do with the wreckage.

Who is taking the controls and pointing that nose back toward the sky, so to speak?

Who ís buying that mess off your hands?

Because that is liquidity, too.

In a moonshot, everything is about the vision. You spend money for the plan. You put in the miles for the idea. You lose sleep over the dream.

Do you know what you don’t do?

What, to a certain extent, you shouldn’t do?

Be realistic. Reality is on the backlog.

You don’t line up expenses against revenue. You don’t worry too much about career paths and work-life balance. You don’t clean out cupboards or tie shoelaces. And you don’t spend your days asking whether your customers are getting more than they’re paying for.

That is work for dicks.

Man, I wish I’d had a non-dreaming dick around once it was time to brace for impact – missing the moon and all.

Not because that’s the real work.

But because it has to be done – just like the other work.

Just like vitamins. Cod liver oil. And dentists.

Bad business models are bad for you (and your data)

Information is a resource, and only one that increases when used. We are all familiar with the value of big data by now, and where institutions and governments are playing catch-up with Big Tech *insert current litigation against Big Tech*, it seems that grip on your personal information is still in its early days.

Between your smart watch, your search history, that note-taking app, and loads more,  the data on you is super rich. But you are not in control: the data is fragmented and the market incentives are against you. But what if they weren’t? How about that second brain that would remember every detail of where you were and what you discussed? Or that assistent that would regulate your personal fitness? And I’m sure there are many, many more possibilities.

I have personally experienced the benefits a good digital log: A Friend of mine could show that he wasn’t at demonstration that ended in irregularities years ago (with the help of shared calendars and a Flickr-account) and I (and who hasn’t at this point) have turned business negotiations with the help of an unending gmail-history. But we all know this goes both ways and it isn’t exactly an equal playing field.

And of course there are alot of people that turn a NAS into a personal data vault, or that get to work on their own version of Evernote. Sometimes I even hear rumours of people harvesting data as a modern day curio cabinet. Have I heard about people that tarballed a data leak at the Dutch Tax Authority? Rumours perhaps, evidence no. But that is all hobbyism, that is definitely gonna be bulldozed by the Googles of this world.

Another way of the world that stuck to me is that money enables growth, and the incentives are aligned properly yet. Open-source and hobbyism are nice, but why can’t personal data management be a product. Even in Gmail it isn’t super easy to form a good overview of your information. Sure you can search, but even then you run into basic questions such as “What is a while ago?, “What words was I using?”, technical questions that Google (or anyone else) would blaze through if the incentives were lined up properly. Let alone questions such as: “What were my mind at in 2009?”

Last year I designed Stenos.io, an app that takes detailed notes for you. So you can remember everything, without frantically taking notes. I based the data design on ideas from Moxie Marlinspike. Having no data to begin with is a good way to improve your security posture. But I was also inspired by the guys behind Hey, a Gmail competitor. We have a weird proposition: We give you value, you give us money. No personal data, no spying and no ads, just money. And I’m very curious if the app is gonna help people get in control of their data, even though I’m well aware that recording conversations feels complicated.

One thing that I learned in this venture is that it is very hard to dodge the Apples, AWS’ses and Microsoft’s Azures of this world when building a scalable app that can compete. And they will immediately tap into your revenue, even though they just might launch a competitor to your service for free. Google Meet subtitles for instance. Please checkout “the Billion Dollar Code” on Netflix, to get a feel for how that economy works.

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