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Jan 08, 6:20AM
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MG Siegler argues that if you sold your
Apple stock last October, right after the company's Q4 2011 earnings report, you are
an idiot and/or a moron. After all, Apple's stock price closed at $398.62 on October 19, and it closed at $422.4 last Friday (a respectable 6 percent bump). So selling your Apple stock that day was idiotic, right? Maybe, maybe not. Flamebait headlines aside, for all we know you could have been selling Apple stock you acquired back in 2000, in which case I daresay you were a true visionary. Of if you spent the money to buy your kids and spouse some nice Christmas gifts, or treated yourself to that plane ticket to Cambodia or whatever. Reality is that, yes, Apple stock was oversold that day, but I'll be damned if I'm calling anyone an idiot over doing it if I don't know what you did with the money.
Jan 08, 3:06AM
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Entrepreneurship requires balancing unbridled optimism with delusional foolishness. Most entrepreneurs are
mocked and misunderstood until they are wildly successful, at which point the
chorus changes from "good luck with that 'business', pal" to "I always believed in ya, buddy!"
There is an undeniable appeal to the notion of bootsrapping your company to success without venture capital. While bootstrapping has many advantages aside from control and ownership—such as being master of your domain and giving you the freedom to build your own Xanadu for all stakeholders—the reality is that the disadvantages
may be greater. I speak from experience, having bootstrapped my own company, WatchMojo.
Jan 08, 2:52AM
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I've done
my fair share of Kindle cover research, and to tell you the truth I wish this new cover from SolarFocus was around when I did. It's the world's first solar cover for the Kindle, with a solar panel built right in. The SolarKindle promises "up to three months of unplugged Kindle use under normal sunlight environment." In my experience that means near a window, which should be easy enough.
Jan 08, 12:24AM
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Over at
WindowsITPro, Paul Thurott outlines some details of Microsoft/Nokia's (purported) marketing plans for Windows Phone in 2012. Amongst them: a $10 to $15 commission for retail sales people who sell Windows Phone handsets over Android or iOS. In turn,
John Gruber asks: "
If this strategy was on the table, why didn't Microsoft start this a year ago?"
Here's why: because it's an admission of failure.
Jan 07, 11:34PM
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When you're a small team going to cover the biggest electronics show in the world, every person has to act as a Swiss Army knife, able to fill any role at any time. This generally produces an incredibly heavy bag, packed with spare cameras, lenses, batteries, cords, and of course a laptop. Luckily for us, our live-camera approach to covering the show takes a bit of that burden off of our sagging shoulders now, but old habits die hard and it's good to be prepared just in case. Aren't you curious what's filling your favorite bloggers' bags to bursting? We've rounded up the items we'll be taking to
CES, arrayed them, and described them for your benefit. Take a look.
Jan 07, 11:21PM
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On October 19 of last year I wrote a post entitled:
If You Sold Your Apple Stock Today, You're An Idiot. Because their Q4 numbers
missed Wall Street expectations, Apple's stock dropped over 5 percent on that day, to close below $400-a-share after hitting an all-time high just days before. My argument was that it was the Wall Street expectations that were horribly flawed, not Apple's actual performance. And the stock would recover quickly as a result leading up to their Q1 earnings, which even Apple was predicting would be a blow out. Reading the comments on that post —
which I love to do — you'd think I was saying something insane. When the stock fell to $363 right after Thanksgiving, a few remembered the post and once again pointed out the irrational insanity of this
fanboy. But then a funny thing happened yesterday.
Apple's stock closed at a new all-time high.
Jan 07, 9:05PM
This is a guest post by Ryan Spoon (@ryanspoon), a principal at Polaris Ventures. Read more about Ryan on his blog at ryanspoon.com. When raising capital, a combination of your company's product, vision, team and execution are what ultimately attract investment. And while the pitch deck is ultimately less important than vision and product, it exists to convey both elements and consequently get investors hungry for more. Like other investors, I come across 100's of pitches each month - some in person, others in email; some as PowerPoints, and others as full-fledged business plans. Your goal is to craft a deck that is both:
Jan 07, 9:00PM
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In 2007
Cyrus Massoumi ruptured his eardrum on a flight to New York and turned his distasteful experience of trying to track down a physician into
ZocDoc - a service that enables customers to quickly book appointments with doctors and dentists online. In a relatively short time, his streamlined offering has attracted considerable interest from both consumers and investors. Supported by doctors who pay a fee to be listed on the site, ZocDoc is now available in more than a dozen United States markets, claims 200+ employees and has tallied
$95 million in funding. In this episode of Founder Stories, ZocDoc's CEO and co-founder Cyrus Massoumi tells host,
Chris Dixon how ZocDoc came together.
Jan 07, 7:43PM
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Last night we heard that the
One Laptop Per Child program would be
showing off its long-awaited XO-3 tablet at CES. We'll be getting a hands-on then, but they were kind enough to send out a couple pictures of the device this morning, and they seem worth sharing.
Jan 07, 7:11PM
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From
Vannevar Bush to
PageRank, the World Wide Web was built on hypertext, the notion that any morsel of information can link to any other. But that was always only a dream, and a rapidly-dissipating one of late. Nowadays even Web links are likely to terminate at warnings, paywalls or registration screens. Anil Dash rages that "
Facebook is gaslighting the Web" with its treatment of content outside Facebook.
Jon Mitchell and
Jamie Zawinski complain that Google Plus will "mess up the Internet" for its treatment of content outside Google+ff (and Zawinski adds "they just ripped off this model from Tumblr.") Google's Tim Bray, in turn, is irate about
single-page JavaScript sites breaking the web. Meanwhile, six months ago, according to Flurry,
time spent using mobile apps surpassed web consumption. You can link
out of apps easily enough -- clicking on a phone number to open a dialer, or a hyperlink to open a Web page -- but it's very difficult to reliably link
in to an app.
Jan 07, 6:00PM
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Android users may soon be able to work with multiple app windows if an Intel-owned company called Wind River has anything to say about it. The company has recently announced they have worked up a way to implement overlapping
application windows in Android, and the results look pretty slick.
Jan 07, 6:00PM
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The Gillmor Gang — Danny Sullivan, Robert Scoble, John Taschek, Kevin Marks, and Steve Gillmor — kicked off the New Year in CES style. That's CES as in Apple-Free, last Microsoft keynote, All TV all the time, Super Cab Lines Vegas stays in Vegas. Both @dannysullivan and @scobleizer spent a great deal of time handicapping the race for control of what used to be called the TV set. These days I'm not so sure, as Apple's AirPlay could just as easily come in a controller-sized package (read iPhone) as a 100-inch box. The real battle is over how to find something decent to watch, and the big question is whether Google will figure out how to get network shows onto its service or if Amazon will embrace and extend Apple TV.
Jan 07, 3:02PM
I wanted to write an appeal for the Wikimedia foundation. I'm going to be completely honest: the only reason I wanted to write it was for completely self-promotional and ego purposes. On almost every Google search, Wikipedia is the #1 or #2 result. It's almost like Google is just a middleman to Wikipedia. So I wanted you to search on "head transplants" and then click on the Wikipedia page and see my face on the left hand side with something like, "Click here to donate $5 to my favorite cause".
Jan 07, 2:04PM
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When John Cusack and Kate Beckinsale reach for the same pair of black gloves in the movie Serendipity, they meet and fall in love. The goal of social discovery applications is to engineer this kind of serendipity. By leveraging demographic and interest data, and by providing good reasons to interact with strangers, this emerging category seeks to make meeting people feel fun and natural. And it's not just about dating. Most people I know I met through serendipitous encounters. Whether it's the friend I bumped into at the college bookstore as a confused freshman or the boyfriend I met at the coffee shop, most human relationships start the same way – in a serendipitous moment.
Jan 07, 9:00AM
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Here are some recent posts on TechCrunch Gadgets: Review: AAXA P4 Pico Projector AIAIAI's New Headphones Continue Trend Of Understated Design What Witchery Is This? A Cardboard Camping Pot? Not Bad, LG Marketing, Not Bad A Very TechCrunch CES: How To Follow Our CES Coverage Nobody Wins At CES
Jan 07, 3:55AM
4SquareAnd7YearsAgo, a service built at a Foursquare Hackathon that emailed you your Foursquare checkins from exactly a year ago, has branched out beyond Foursquare. Now the service, newly re-monikered
Timehop, includes your Facebook status updates, photos you updated, photos you were tagged in, as well as Twitter and Instagram posts from 365 days past. The tech industry is starting to see a resurgence of products that play into social media nostalgia; Facebook Timeline, Memento and Memolane for example. "Everybody is starting to realize that there's value in the past," Timehop co-founder
Jonathan Wegener tells me. He hopes that the startup will one day be the "ultimate" way people experience their content history online, despite the tight constraint of only showing anniversary content -- which Wegener likens to Timehop's 140 characters.
Jan 07, 2:30AM
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After years in the making, the
One Laptop Per Child program's XO-3 tablet will be
shown in more or less final form next week at CES, according to the project's founder, Nicholas Negroponte. The latest image of the tablet is shown here, though it is from some time back and may no longer be representative. The price of the tablet will in fact be under $100, he said, though various options will put it over that. It has an 8-inch screen — traditional LCD, though it may be upgraded to a
Pixel Qi display for power savings and e-paper-like capability. If they stuck to their
original specifications, it will also be waterproof, durable, and about a quarter of an inch thick. The version they're showing will run Android, though what version was not specified.
Jan 07, 2:21AM
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TechCrunch reader
Nikos Kakavoulis sent us the following amazing story earlier this week ... The Daily Secret founder
used Find My iPhone to catch an naive iPhone "thief" -- turning on the Play Sound feature in Starbucks in order to locate his lost phone inside the person who had found (and kept) his phone's pockets.
Jan 07, 1:09AM
Short version: A powerful little device, significantly brighter than others of its size, with decent battery life and a good picture. Too bad it's so damn loud, and not the most user-friendly thing of all time either.
Jan 06, 11:54PM
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Everyone who has been using streaming music service
Spotify for free in the US from when it launched last July is now going to have to start paying, as
Business Insider notes today. The reason is the company's
policy of limiting free usage to ten hours and/or five plays per track every month, after the first six months of free usage. Full access will now
cost you $9.99 per month, with partial access (no mobile, no offline, etc. but also no ads and no streaming limits) at $4.99.
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