CleanTech Archive

Busy Little Valley Bee

SO. After a whirlwind 2008 where I met entrepreneurs in about 25 cities or more, I am finally back in San Francisco for a while.

I feel very torn. It's been an amazing year, and I've met so many amazing people. My entire concept of entrepreneurship has been forever changed, and I am, of course, so grateful for the outpouring of support for the book. It's been one of the toughest book-buying markets in publishers' memories and it was no small feat to keep copies moving!

On the plus side of being home, I've barely gotten to live in the house that's continually draining my bank account lately, and it's always nice to see my husband. I also feel like meeting so many entrepreneurs around the world has come at the cost of not staying in better touch with entrepreneurs in the Valley. So it'll be nice to stay put for a bit and reconnect. And what better time than a month with a zillion Holiday parties? Headed to the Zynga party tonight, and of course, there's the sarahlacy.com happy hour at the Beauty Bar in one week! RSVP, y'all!

Here are Olivia and I after the spectacular Get Satisfaction party last Friday, inhaling some Arinell's pizza. (Just a few blocks from my house-- another win to being home!) [photo credit: Geoffrey Ellis]

Of course, another *huge* plus in being home is that I can focus more on my actual job: reporting. I forgot to mention it, but I re-upped my columnist contract with BusinessWeek in November. I was incredibly flattered to even get it renewed given the macro state of the economy and how hard hit media has been already. (And how flaky I've been on deadlines. Doh.)

I wrote two columns that detailed *why* things are going to be far worse for Venture Capitalists in this downturn, even as the Valley will have an easier time than in 2001-ish. You can read them here and here. Then, this week, I wrote about everything that's wrong with eCommerce and why I think we're about to see an explosion of innovation. (And why I can't wait!) I've got a lot of great ideas for the next few months, but as always hit me up if there's a topic you want me to tackle!

I've also been pretty busy at TechTicker. A few recent videos I liked on the jump!

A whole slew of other changes are in store for my various jobs and include a few new projects that I can't wait to tell you guys about. But more details on all that later... Bottom line is I'm mostly out of promotion mode (FINALLY!) and solidly back in reporter mode so more great content coming your way this month and in 2009.

And now, to some videos...

When Tech Reporters Become Irrelevant

In some ways, 2008 has been a great year for TechTicker to launch. The biggest tech story was, after all, the continually botched-then-even-more-botched deal between Yahoo and Microsoft. It was a story we surely had some implicit authority on, and one that allowed us to prove we'd cover Yahoo as reporters not employees. (I have the denied access to Yahoo's intranet to prove it.)

But the bad news is that's been pretty much the only big tech story. Mostly it's been a year of financial news. So, especially lately, TechTicker is looking less "tech" everyday. But, hey, people want to kvetch over the economic crisis, and we are here to oblige. If you haven't been watching Henry and Aaron's excellent coverage from the Nasdaq, you should start. Mostly, to see how excited Henry is about all of it. He is quite literally flying out of his chair in some clips. (Judging from these eye-popping numbers, few of you aren't watching TechTicker. I'm glad I wasn't missed during my month on tour. Sniff.)

In a semi-desperate attempt to have a value-add again-- or at least show off my latest DVF splurge-- I did a few segments with Paul Kedrosky around the crisis, trying to hew to tech as much as possible. If you're one of those people who needs an economy fix, clips are on the jump.

Ooooooh! Maybe Valley Innovation Is about to Restart...

As a Valley-based business reporter I get chills (the good kind) when I read Jim Cramer -- or another of his pretending-to-get-tech Wall Street peers-- say something like this. Because as soon as people say innovation is dead in the Valley, it seems to slowly restart. Among other bon mots, Cramer told an audience at New York's "Hey! Us too!" Internet Week that there was more innovation going on in the Rust Belt than Silicon Valley.

I've been outspoken that there's not a lot of great Web innovation going on right now, but Cramer's statement is a stretch even for me. You know what Cramer misses? (Other than the under the radar work happening in clean tech, biotech, etc. The Valley is a big place after all.) He's focused on product innovation, which has somewhat stalled in the Valley's Web scene in aggregate. But business model innovation is where the Valley is at as Web companies and others in areas like open source hunt to find ways to turn insane audiences into cash. Memo to Jim: That's what made Google worth $175 billion today. The search engine was hardly a new-fangled application.

What I love about guys like Cramer is they tout they were rabid Google bulls "early on." Early = Once the S-1 was filed and we all saw the kind of numbers Google was putting up. Props to them for knowing the stock was worth more than $85 a share. But that's not the same thing as spotting "innovation," Wall Street. Just wondering how often Cramer actually comes out here....because I seem to see him on the Mad Money set just about everyday...or goes to the Rust Belt for that matter...

All snarking aside, I don't usually bash Cramer, because I think he's an amazing showman and knows the public markets better than I do. And I have a total appreciation for the rigors of being on camera everyday. But don't try to play the startup game, pal.

Oh! My favorite part: Cramer says TheStreet.com is one of those lone well positioned Web properties. Because so many young people are flocking there. Yeah, that one doesn't even need a snarky graph.

Is Saving the Earth Good Business for Tech?

Here's the second part of my Tech Ticker interview with Sophie Vandebroek of Xerox. We talk about why Xerox is investing so much in clean tech and save-the-planet-type stuff. Aren't they just a copier company? Is there a fiduciary duty to focus on that?

Maybe not. Copiers take up a lot of energy, and if companies ever really try to go paperless, shouldn't Xerox be one of the ones leading the way to sustain its revenues? That's something I would have liked to see from car makers and oil companies, before it was trendy. I don't own any stocks, since I'm a business reporter, and aside from mutual funds I never will. But if I did, I might consider buying Xerox for this reason alone.

Also, a bonus video with Russ Mitchell where we talk about whether Google's alternative energy efforts are also savvy business moves given its computing power needs. There's such a problem in today's public markets of thinking near-term, near-term, near-term. At first I thought projects like these were maybe self-indulgent, but increasingly I admire companies that think that broadly about environmental implications on their business and think that far down the road in general. Because if nothing is done, it will affect technology as an industry greatly.

Videos on the jump!
Enjoy!