I like KR, but I wish I knew the true story from the Digg days til now. He needs to write an autobiography or something. I feel like there's a lot of subtext that I'm missing. We get to see the news of him joining Google, going part time, leaving but still "an advisor". These are all what the public sees. But what's the real story? I know there must be more to it.
What do you mean? He started a company (Milk) that was bought as an acquihire. He worked at Google Ventures while he vested (and it was probably a good job while he got married, etc), but after a few years wanted to get back out there and build. He spent a few months transitioning out of GV (he had invested in a lot of companies; he couldn't just walk away), and now he's working full time on North.
I'm sure there's a lot we don't know, but it seems pretty straightforward.
Being a VC is a very attractive role to many people if you can make it work. You get to work with top-tier companies in a meaningful way and have the chance to make an incredible amount of money in the process (you participate both in fund upside and separately from additional upside in your portfolio companies), all for a much lower amount of stress than being an actual founder.
It's entirely possible that he wanted his GV role to continue but he did not succeed there. It's also possible that the cover story is true. We will likely never know.
What you've outlined is what's on his bio, which is interesting sure. But I am willing to bet that there is a much more interesting backstory to this. Nothing bad per se, but perhaps he will one day tell a story of how Silicon Valley burned him a couple of times and left him pessimistic about how much one can really disrupt entire industries.
He is basically trying to find a little niche to mine for a small win, not change the world. That's so fascinating to me.
Some of us grew up watching him on TechTV, then he catches magic in a bottle with Digg, has a chance to sell for hundreds of millions, tragically loses that chance as his company loses traction and the upstart competitor (Reddit) becomes the one hosting amas by actors and politicians.
almost, perhaps, but .. a company for high end watch aficionados? Maybe instead, he should consider a TV show where he interviews people on the streets of SF who think really bitter things about all tech people and all tech companies and use them as a filter for his next ideas.
That is my honest, constructive criticism of a company aimed at high end watch aficionados.
One of his recently released apps is definitely for watch aficionados. High-end watches are a new interest/hobby that he picked up after he inherited a Rolex from his father. It's something that he enjoys and pursues with a passion.
Yeah, I agree with you, this app isn't going to change the world. However, I think he's taking the right approach. He's at a point where he's earned his right/freedom to work on what he wants. If he so happens to find an opportunity for an underserved niche in something that he's genuinely passionate about, I'd argue that's definitely the approach to take. Go with that and see where it leads.
Everyone (prob including himself) is expecting him to put out a home run product now. He seems "due" for it. But if he comes out swinging for the fences, which I think he kinda did with Milk, there's a good chance that all parties will be disappointed because regardless of who you are, those home runs are really hard to come by, and even for someone like Kevin Rose, still very unlikely. I think if he follows these sorts of opportunities where his passion lies, he'll create a succession of hits that may eventually lead to his home run. Who knows, there's obviously no science to this, but that's the approach I would, and do, take.
An app makes sense to me. Lots more people are "aficionados" than actually own watches. And you could potentially pay for tons of free users with just a few sales referrals per month.
'Social companies' that completely disregard what their users want should fail imo. Digg v4 was a disaster, and the community let them know BEFORE it went live.
Kevin was interviewed by his former TechTV co-worker Leo Laporte on Leo's podcast Triangulation, if you're interested in Kevin's story: http://twit.tv/show/triangulation/162
Wow. I guess it doesn't really matter to them considering they're building multiple products. The domains for those products are probably more important unless they were branding the products with North.
Sorry for my naiveté but why does someone like Kevin Rose raise money at this point? Surely, he's cashed out enough that he could fund these sorts of projects on his own, at least at the seed stage. I would assume he has enough connections that he doesn't need to give up the equity for advice either. Can someone help me understand this? I often hear about people who I assume to be immensely successful raising seed rounds for their next projects and I'm often confused as to why. Wouldn't they want to keep as much equity as they can at this point?
He's been working with this group for a while, he was talking about it a few months ago when I ran into him in Hayes Valley and drunkenly harassed him to say hi and talk to him about the startup I work for.
I remember when I was in middle school and used to watch his show "The Broken". I wonder how many people on HN have heard of it.
I found episode 3 on youtube. I think there are only 4 or 5 episodes, but they are hilarious and informative. He even interviewed Kevin Mitnick in this episode. This was really before he was famous. I think he started Revision 3 after that, and then went on to start Digg.
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[ 2.5 ms ] story [ 85.3 ms ] threadI'm sure there's a lot we don't know, but it seems pretty straightforward.
It's entirely possible that he wanted his GV role to continue but he did not succeed there. It's also possible that the cover story is true. We will likely never know.
He is basically trying to find a little niche to mine for a small win, not change the world. That's so fascinating to me.
Some of us grew up watching him on TechTV, then he catches magic in a bottle with Digg, has a chance to sell for hundreds of millions, tragically loses that chance as his company loses traction and the upstart competitor (Reddit) becomes the one hosting amas by actors and politicians.
His story is almost Jobsian.
That is my honest, constructive criticism of a company aimed at high end watch aficionados.
I'm just saying, of the two ideas his "incubator" has done so far, that stood out as being particularly out of touch.
I think he's capable of more. I suspect he thinks so, I'm not saying he's limited to this sort of idea.
Maybe he's leaving Google to focus on coming up with better ideas than a fancy watch thing. ;)
Everyone (prob including himself) is expecting him to put out a home run product now. He seems "due" for it. But if he comes out swinging for the fences, which I think he kinda did with Milk, there's a good chance that all parties will be disappointed because regardless of who you are, those home runs are really hard to come by, and even for someone like Kevin Rose, still very unlikely. I think if he follows these sorts of opportunities where his passion lies, he'll create a succession of hits that may eventually lead to his home run. Who knows, there's obviously no science to this, but that's the approach I would, and do, take.
n-o-r-t-h-t-e-c-h-n-o-l-o-g-i-e-s.com
I wonder what (obviously poorly crafted) filter/rule it triggered.. Too many dashes?
I don't think there's any correlation with porn.
Is my browser just making the link not obvious?
Parsed the source and all I see is some flickr sites credited for the image.
No idea how I got that.
[1]: https://www.youtube.com/watch?v=sPleJbpqbwc
Highlight of the night, and was very gracious.
I found episode 3 on youtube. I think there are only 4 or 5 episodes, but they are hilarious and informative. He even interviewed Kevin Mitnick in this episode. This was really before he was famous. I think he started Revision 3 after that, and then went on to start Digg.
https://www.youtube.com/watch?v=rcWByfwkf4k