Practical Entrepreneur

A Practical Entrepreneur’s Random Thoughts!

good vs. perfect?

leave a comment »

Reading a friend’s blog post on throwing perfect parties (or not), i came across:

the gap between “good” and “perfect” isn’t much. One flawed particular, qualification, or requirement is enough to make a perfect thing, a good one.

If you want to succeed in most competitive challenges of today’s world, good is not enough. Usain Bolt wouldn’t capture the imagination of millions if he was just good. Beethoven’s piano sonatas wouldn’t last for centuries if they were just good.

So does this mean that we all need to be perfectionists?

Perfectionism, in psychology, is a belief that perfection can and should be attained. In its pathological form, perfectionism is a belief that work or output that is anything less than perfect is unacceptable. At such levels, this is considered an unhealthy belief, and psychologists typically refer to such individuals as maladaptive perfectionists. (wikipedia)

Not very healthy to be a perfectionists! so now what?

But let’s step back. What does it mean to be prefect? Is that a relative judgment or an absolute one? Can something that was prefect 100 years ago still be considered perfect? Is there really no room for the gymnast who scored a perfect 10 in past Olympics to do better?

I really think perfection is a moving target that is affected by our understanding of the space in which the work exists, the time it was produced, and even the resources/constraints that the performer had at the time of production. Of course, the efforts of other actors in the same era affect the perfection judgment significantly.

So how can we hit this moving target and join the greats? I think the healthy balance here is to strive for the perfect work or output (whatever it means to us at the time) but not to deem anything less unacceptable. Put the work out there. Get feedback and improve upon it. And repeat…. Just be conscious that there is always room for improvement, even if you can’t see it now.

This is one of the reasons why I love working in technology so much. The meaning of perfect in this field changes so quickly that you can’t escape seeing the moving target. What was a perfect web application 10 years ago now would seem so broken! And I am sure what we see as perfect today will feel broken in a couple of years. The challenge is to keep up with moving target and try to stay as close to it as possible all the time.

Now back to perfecting that simple web form!

Written by Shayan

August 19, 2008 at 10:47 pm

Posted in Rant

Tagged with

Blogging from WP on iPhone!

leave a comment »

I am testing blogging from the wordpress application on iphone 2.0. So far it’s pretty smooth. I wonder if I can post a photo snapped by the phone directly into a post. That’s the best feature of the Facebook app if you ask me.

So, let’s see how this test turns out :-)
Aha! I just figured out the photo stuff! Pretty neat and intuitive. Attaching a photo I snapped yesterday of first Zoosk roof get together. Now let’s see how it posts…

photo

Written by Shayan

July 26, 2008 at 11:34 am

Posted in Technology

Tagged with ,

Back to Urban Life

leave a comment »

After living in suburbia for 285 days, I am proud to announce that I have landed in urban life again (aah, it feels good :-) ). If I skip the show (or long depending on how you look at it) time I have spent in east bay, I have upgraded from Seattle to San Francisco and I couldn’t be happier about my latest move.

Although I should day that moving a house plus an office in the same week is not something I will look forward to again! It was overwhelming to say the least. But it’s beyond me now and I am looking forward to a great time in SF.

Again, I have a place I can call home. Hello San Francisco!

View from new Place

View from new Place

Written by Shayan

July 20, 2008 at 8:58 pm

Posted in Rant

Tagged with , ,

Facebook VP: our platform is $RICH$

with 2 comments

Recently vice president of product marketing at Facebook, Chamath Palihapitiya, spoke about the Facebook developer platform at the TieCon conference. Some of the figures what were quotes by the attending press caught my attention.

And about 33 percent of Facebook application makers reported profits of up to $500,000 a month. Finally, at least one-quarter of the applications running on Facebook have 100,000 active daily users.

Looking at adonomics or other Facebook application trackers, you can see that only 50 Facebook applications boost 100,000 and above daily active users. By Chamath’s math, Facebook only has 200 applications! I guess MySpace platform is not doing too bad in retrospect.

In reality, Facebook has some 25,000 applications on it’s platform. and only 0.2% of those have more than 100K daily visitors. I am just hoping that Chamath was miss-quoted, and that he and his team don’t really think every application on their platform is thriving.

And imagine if 33% of Facebook applications were making half a million in profits every month. That would put the profit of just this 1/3 of applications at around $50 million dollars a year! That should put their revenue in the $150 million range, exactly how much Facebook made in 2007!
Simply AMAZING ;-)

Written by Shayan

May 23, 2008 at 10:15 am

Facebook Apps, Another Perspective

leave a comment »

If you are following social media development, then you probably have seen or heard of the O’Reilly Research analysis published here and analyzed here (among many other places). Ben Lorica’s post on Radar provides a very interesting glimpse into the Facebook ecosystem and highlights some industries that are doing well through an in-house categorization of applications and comparing the corresponding number of active users.

Facebook Apps by Category, O\'Reilly Research

As this chart from the research highlights, the biggest category on Facebook is applications that are ‘just for fun’. Obviously the assessment that the most successful applications on Facebook are those that have marginal value and are time wasters resulted in extensive coverage of the report in the blogosphere and ended in headlines such as: On Facebook, Girls And Boys Just Want To Have Fun.

I think the categorization of the applications by the research team has a lot to do with this assessment. I have been looking at the same question from a different angle for a while which might be useful in structuring a discussion around the topic.

Facebook was a social network way before it became a platform. It had millions of users that were active on the site way before any of these applications existed. When the platform was introduced last year, from a user’s perspective, all of a sudden new functionalities became available. Some of the functionalities were improved versions of the existing features (think SuperWall) and some opened completely new opportunities (such as iLike for music).

So what happens if you look at the Facebook universe in terms of activities that were facilitated before and after the platform launch. Below i have tried to summarize the main activities of a typical Facebook user (please comment if I have missed major areas). I have also included (a very subjective) assessment of how Facebook was doing in facilitating each category before the platform launched by using different font sizes.

Facebook Activities and Platform Affect
In the right most column I have included some of the applications that have emerged to improve the user experience for each activity plus the total daily active users of all such applications in the top 20 facebook applications (in terms of daily actives). Please note that the active numbers are based on back-of-envelope calculation on a random day and only for top 20 applications. In the O’Reilly report, they summed all applications up which takes the tail into account as well.
I think this perspective highlights a couple of trends/questions

  • What’s up with Photo Sharing? Is Facebook Photo application so perfect that nobody can provide value beyond it? This seems like an excellent opportunity for a brand new application to come out of no where and take over.
  • Improving existing functionality/purpose has the least barrier to user adoption. This is especially true in case of sub-perfect existing experiences. Facebook wall was boring and text only when FunWall and SuperWall exploded in popularity. People discovery still sucks on Facebook which is a great opportunity for Zoosk and others innovating in this area.
  • Media consumption has always been a part of most successful social networks except for Facebook. To this day I don’t understand why Facebook is so bad when it comes to media discovry and sharing. But this was a known winner and iLike and Flixter capitalized on the opportunity very well.
  • Social gaming seems to be the only truly new activity category when it comes to successful applications. It was basically ignored by (or unknown to) social networks until Scrabulous and Friends for Sale came into the picture on Facebook. This category now is rightly so getting plenty of attention from the venture community and entrepreneurs.

What does this mean for applications not in these categories? Is this the extent of utility that application developers can provide on social networks? I don’t think so. Social gaming didn’t really realize it’s potential until early February this year, full 9 months after the platform opened up. What is the next big emerging activity category? That being said, I believe it is much more natural to grow on social networks if you are enhancing or extending existing user bahaviors.

I should also highlight that this analysis is only looking at very large applications. If your application does not benefit from network effects then you don’t need to be huge in order to be able to provide utility. One more thing to keep in mind is that monetization potential is completely left out of this discussion. Even though having a large active user base helps with monetization opportunities, it does not guarantee the way to profit.

Is this trend going to hold up on other social networks that are opening up? It’s too early to tell. But the initial indications suggest it might hold true on MySpace and Bebo as well.

PS: Obviously a large contributor to the success of applications is the viral engineering of applications. For each of the successful applications in these categories there are hundreds of tiny copies. Just because you pick a hot category does not mean you will have a huge user base. It might just make it a little bit easier to do so. Follow Dave or Andrew’s blog if you want some viral wisdom.

Written by Shayan

May 18, 2008 at 3:15 am

Rejected! MySpace Style

with one comment

One of the most mind boggling aspects of the MySpace Developer platform is their “Application Approval” process. In short, when you create a new application and want to make it live, you “publish” it which means somebody at MySpace  gets notified, installs the application, and plays with it. Then they check the application profile and home views (basically stuff that the application puts on your profile, etc) and if all is to their liking, they bless your application and normal users can see the app.

In my experience it takes between 24 to 96 hours to get somebody from MySpace to look at an application and make a judgment. On their forums I have seen horror stories about applications that have been in pending state (from the time you publish to the time they look at it) for more than a few weeks but I haven’t personally experienced it (thank god!).

This approval process is definitely costly both for the application developers and MySpace. MySpace has to have people on staff that basically just install applications, test them out and make approval decisions. Basically MySpace is helping you outsource your QA team (and them some - see below) and foots that bill.

It’s also costly for the developer because MySpace Approval Team rejects submitted applications multiple times, in each round disclosing some of the areas they are not please with. So, from the time you think your open social application is ready to go to the time it makes it to real users it could take between a few days up to weeks depending on your luck and complexity of the application.

It even gets worst. Every time you update something in your application code (say you decide to make that navigation bar purple from blue!) MySpace flags your application for re-approval and a human being looks at it again! I am really curious how much this whole thing is costing them. They are not making that much money so they better get on some cost cutting!

So you might wonder what is their approval process like. MySpace says they check to see if the application meets their Terms of Service. But in my experience they look for these categories

  • Application Works
  • Application References External Scripts
  • Application Uses OpenSocial
  • Application Impedes Browser Functionality???
  • Application Makes MySpace Tester Happy?
  • Application Satisfies MySpace Tester’s Expected Pointing System (for games only!)
  • Application “is Valuable”?
  • Application…

Basically it’s a very subjective process that really doesn’t add any value to the platform, MySpace user experience or anything close to that. It simply costs MySpace and application developers time and money! There is nothing in the approval process that market forces (i.e., MySpace users) can’t weed out. I really wonder what would have happened if Facebook tried to do something this backwards with their platform. In my opinion this just proves how different MySpace mentality is from a typical “technology company”. If you ask any tech company about moderation/approval/policing they would all say we let our users help us with it. Let’s develop some technology that users can flag “bad” behavior and we punish the common offenders! But MySpace likes the police state route better.

Just to give you an idea about how the police state if MySpace works, I am posting a few “official” rejection emails that I have receieved from them in the course of past couple of weeks. It makes for a fun reading. These are verbatim MySpace comments with identifiable pieces taken out (replaced with all caps placeholders such as LINK1)

Your application does not have any meaningfull functionality. Their is one problem with your application (when clicked on “LINK” your application has some formatting problems) Please try to add some useful functionality to your application, fix formatting problem and resubmit your application

In your application after passing the links “LINK1 and LINK2″ a link is open “LINK3″, which redirect the user to add/remove page and impede the browser functionality. Secondly, when a visitor comes to view a user’s profile who has your application installed ( visitor - user without app; user - user with app),and click on the link “LINK4″ this link redirect the user to add/remove page, which is ok but impede the browser functionality

the transition between the canvas and install page impedes browser functionality as it stalls and doesn’t allow the user to use the back button, but if you press it fast enough in repetition, then it is accomplished.  So please complete the functionality.

There are still some functional difficulties with your application. When one user votes another user, the former user gets a point added in the POINT-SYSTEM, when only the latter user should be getting the points.

The application is working but partially. The meter does not go beyond 5 even if the user wins the polls several times and neither does the comment change for the user who is winning. So please review this part of your application

Written by Shayan

May 13, 2008 at 10:35 pm

Green Card Bliss

leave a comment »

My close friends (and loyal readers here) know that I have been in the process of becoming a permanent resident in United States for a few years now. Well, this past February I finally got through all the hoops! It took 2 years to get a labor certificate (i.e., convince the government that my skills are in demand), 4 months for I-140 (this used to be 2 years so I am thankful for this part), and 2 years of FBI background check.

I don’t think I would have gotten the nod, had I not expressed my dissatisfaction with the process with my congressman, my senator, and most of all with First Lady’s office! Yes, you heard it right. The only way to get FBI to do anti-terrorism checks in a timely manner is to write to Laura Bush. Her staff got the FBI director in charge or my case to answer a letter I sent out last summer and 6 months later they got my security check done!
Going through this process has been extremely painful, but I am happy now that it’s over. Many friends who have gone through the same used to tell me that once you get it, you won’t think about it. I disagree, at least for now. Every time I remember how much free-er I am now to go about my life without thinking about stupid restrictions, it makes me very happy. Freedom is sweet and should not be taken it for granted.

Now, I can travel around the world without going through extremely unnecessary hassle. It’s not 100% pain-free yet having an Iranian passport, but much improved. If only I had more time, I would exercise this freedom right now. But it looks like my inner traveler has to wait a while longer, at least until I get Zoosk flying very high :-)

Thanks Lady Bush!

Written by Shayan

April 20, 2008 at 5:38 pm

Posted in Rant

Tagged with , ,

Late to the party: twitter

leave a comment »

Last year around the same time I decided to join Facebook after reading an article I read in Wall Street Journal. I had no idea a year later I will be super busy building a business that is based on ideas first materialized by Facebook. When I joined Facebook it was by no means a new phenomenon in the web community which was strange for me because I am usually and early adopter when it comes to technology.

I have been having similar feelings about Twitter. Twitter has been the tech community’s darling for over a year now after their SBSW breakout last winter. I honestly can’t see what the excitement is about but I can’t ignore so much appreciation by the community for much longer. So, I finally gave in and signed up. You can “follow me” here if you are interested.
You never know, maybe history repeats itself and I will be building a business on Twitter next year. Oh wait, maybe i will mix Facebook and Twitter and do something on that…

Written by Shayan

April 7, 2008 at 3:13 am

Posted in Technology

Tagged with , , ,

Look who is on cnn.com!

leave a comment »

A couple of weeks ago, Yi-Wyn Yen from Fortune Magazine interviewed me about the current state of Open Social, MySpace platform launch, and state of social network platforms in general. It turns out she liked how I was thinking about the problem and added a couple of quotes from our conversation in her article.

A cool by-product of this interview was that my name now appears (as far as I can tell) for the first time on cnn.com domain. Thanks Yi-Wyn!

Written by Shayan

April 7, 2008 at 2:56 am

Happy Nourouz

leave a comment »

Happy New Year to all Kurds, Persians, and everybody else who celebrates Nourouz! Happy Spring to everybody!

Written by Shayan

March 19, 2008 at 10:29 pm

Posted in Rant