It took me three days to figure out that there was another side to the tape. That was not the only naive mistake that I made; I mistook the metal/normal switch on the Walkman for a genre-specific equaliser, but later I discovered that it was in fact used to switch between two different types of cassette.
Nokia is developing a phone that recharges itself without mains electricity. A new prototype charging system from the company is able to power itself on nothing more than ambient radiowaves – the weak TV, radio and mobile phone signals that permanently surround us. The power harvested is small but it is almost enough to power a mobile in standby mode indefinitely without ever needing to plug it into the mains, according to Markku Rouvala, one of the researchers who developed the device at the Nokia Research Centre in Cambridge, UK.
Me So Holy iPhone App from Benjamin Margolis on Vimeo.
I joined a company called SPRY in 1993. SPRY sold the first commercial internet product called Internet in a Box. What was unique about it was that we were the first company to license the Mosaic source code from the University of Illinois where a young Marc Andreessen was still a student and hadn't yet co-founded Netscape. Sometime in mid 1994 we were all standing around our computers looking at the newly launched FedEx website. You could enter a tracking number and it would show you where your package was. That blew us all away. I fell in love with the web at that moment. Yahoo wasn't yet even a search engine. Just a handmade directory of links. Not long after SPRY sold to CompuServe I was referred to a company in Seattle called Progressive Networks. They had this idea to deliver audio over the Internet. I joined in 1994 and they subsequently called the company RealNetworks. During my 5 years there, the smart engineers figured out not only how to deliver audio but also video. I remember that our big tradeshow demo was showing live radio station feeds from a Stockholm radio station streaming over the web to our tradeshow floor! The RealPlayer and the Rhapsody Music service became a household name. I learned so much and feel very lucky to have worked with so many smart people.
Nobody has ever asked me this question before but it's actually something that challenges me. We start companies ourselves like Imagekind and our latest venture called Inkd: The largest marketplace to download newsletter templates, flyer templates, brochures, business cards and other types of print creative. However, we also invest in companies such as SEOmoz where we don't have day to day responsibilities. But we still feel it is important to be as supportive as we can so we need to back away from our computers and sometimes go to meetings and try to help tackle tough questions that our portfolio companies have for their own businesses. As you can imagine, when we start our own companies we hold a larger stake but I still feel it is just as important to try to be as helpful as possible for our portfolio companies. When I think about the challenges that Curious Office has, the answer is always the same - not enough time in the day.
This one is easy. Adrian has an incredible risk tolerance. He brought the Seattle Sounders to Seattle as a Major League Soccer team this year for example. He is one of my oldest friends and I respect him so much because he thinks for rationally and calmly in every situation...even when very large amounts of money are at stake. The Seattle Sounders was a far bigger bet than any technology investment.
In my experience, fundraising seems to be just as much about relationships as it does about your idea and your technology. If you are contemplating fundraising then get involved in the events and venues where investors and other successful entrepreneurs go. Sometimes its easier to get close to other successful entrepreneurs than it is to get close to investors but that's a great way to start. It is also important to remember that previous success is the best way to raise money. Even if your first success is small, that's better than no previous track record. It's sometimes smart to establish a first base hit for yourself. That makes all investors feel more inclined to take a risk with you.
I'm interested in working with people who deeply understand the subtle nuances of driving lots of traffic through all available channels. There are those who are learning and there are those who know. I don't know what the next big thing is but the best bet is to bet on smart people. Guys like Andy Liu of BuddyTV or Ben Huh of ICanHasCheezburger are great Seattle examples. They understand how to come up with concepts that have a viral hook and they understand how to drive and build traffic to their destinations. Someone who divulged all those secrets would sell a lot of e-books :)
You may have heard of speed dating, but have you experienced speed interviewing? In my most recent job interview, I tried out this new and exciting approach to interviewing. The speed interview had a similar format to speed dating, requiring me to jump from seat to seat to interview. Going into the interview process, I knew it would be competitive. There were nearly 600 applicants bidding for just one position, but the last thing I was expecting was to interview alongside three other people. The completion was on, but instead of finding my soul mate in a five-minute session, I was trying to sell myself to four different faces as I moved around the room at the sound of each bell. I couldn’t help but think of how it reminded me of musical chairs from elementary school. I can understand the benefits of this new technique for the hiring staff. They are searching for just the right person and are hesitant to make such severe cuts to a large number of applicants (the initial number of applicants for this job started at about 500). Speed interviewing allowed them to interview what they deemed 40 viable candidates and narrow down their search to a qualified few. In the sea of faces the hiring staff saw today, I can’t help but wonder how memorable my face or my responses were in our brief encounter. At the very least, this interview opened my eyes to an emerging technique in interviewing. Not to mention that I had fun during the process. So the next time I practice for job interviews, I’ll be preparing myself for some speedy encounters.

"Thursday's Washington Post has a fascinating story about the technological challenges faced by the Obama administration as it moved into the White House following the inauguration. Mac-loving Obama staffers were flummoxed by all the out-of-date Microsoft software left over from the Bush administration -- to the point that they couldn't complete the most basic of online tasks."
We found that just about the same amount of work gets done in four days vs. five days. So if that’s the case we could either push everyone to work harder during those five days or we could just skip one of those days. We decided to skip one of those days. So recently we’ve instituted a four-day work week as standard. We take Fridays off. We’re around for emergencies, and we still do customer service/support on Fridays, but other than that work is not required on Fridays.
We decided that 37signals would help people pay for their passions, interests, or other curiosities. We want our people to experience new things, discover new hobbies, and generally be interesting people. Part of the deal is that if 37signals helps you pay, you have to share what you’ve learned with everyone. Not just everyone at 37signals, but everyone who reads our blog. So expect to see some blog posts about these experiences.
We’re in the process of giving everyone at 37signals a credit card. If you want a book or some software or you want to go to a conference, it’s on us. We just ask people to be reasonable with their spending. If there’s a problem, we’ll let the person know. We’d rather trust people to make reasonable spending decisions than assume people will abuse the privilege by default.