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Thank you. Society at large is in dire need of financial literacy when it comes to supply v. demand economics....on top of that, it's blatantly apparent that people would rather NO ONE gets a car at peak times, than having to pay extra for them to get one.
Sometimes the amount of effort required to get people to part with money is akin to that of getting a rocket to part with the earth's gravitational pull.
2 months ago on It’s clueless riders, not Uber, that are the problem with surge pricing
As a tech-enthusiast who works in healthcare and has a failed health-tech startup under my belt, it could be argued I'm mostly sour grapes - which is probably true - but I have 2 words: Good luck.
The whole "people need healthcare and will pay for it" is a complete trap - obviously people need healthcare, but they pay for it begrudgingly, and rely on 3rd Parties to pay.....when was the last time you heard someone say: MAN I'm so glad I paid $10,000 for that knee surgery"?
Like most businesses, everything comes down to money, and the bulk of costs are paid by either Government or Big Insurance. Yes, changes to the system are going to make people more directly responsible for paying out-of-pocket, but do you think anyone's HAPPY about that?
The big Peter Thiel secret in healthcare is this: patients don't want to pay for care. We want care to be free because we believe healthcare is a Right we're all entitled to, cost be damned.
It's the only industry where you could be a homeless, drug-addicted, ex-murderer, thief and child-rapist, but if you're stabbed and collapse in front of an ER you can't be denied service. No other industry has that standard, so these philosophical beliefs around healthcare will affect how we approach the system and how it operates.
One of the biggest no-brainers in health tech is telemedicine, and why is it taking so long for it go mainstream when Skype has been around for 10+ years? People only want to pay $10-20 cash for virtual visits, when a doctor typically makes well over $100 or more for an office visit.....and guess who wants to pay $100+ for a Skype doctor visit?
Again, I know I sound like a hater, and change will come eventually, but as I said earlier: Good luck.
I only hope this is all figured out in 30+ years before we all have to go on Medicare.
2 months, 1 week ago on Why 2015 could be the year Silicon Valley fully wakes up to “digital health”
Wow, the parallels between what's going on here and the story-arc in "The Newsroom" are interesting ... makes me think Sorkin might have taken Chris Hughes buying TNR as storyline inspiration.
Though that might have been obvious to Media industry junkies ...
2 months, 4 weeks ago on The New Republic’s Chris Hughes in 2013: “We are not the next big trend in Silicon Valley.”
Great opportunity for on-the-go prostitution - no driver, no one's the wiser.
2 months, 4 weeks ago on John Zimmer on self-driving cars: Imagine… Tinder Lyft!
Great move releasing it on a slow news/media day like Labor Day. It's like a cold swimming pool in the middle of the desert.
6 months ago on Watch the full PandoMonthly fireside chat with LinkedIn CEO Jeff Weiner
Anonymity apps are definitely having their growing pains, and there need to be controls in place to protect from bullies; but just think how helpful anonymity can be in freeing people to communicate with their romantic interests. Imagine chatting and flirting anonymously with people nearby you like at a concert or sporting event, and potentially meeting right there in-person: https://dalliantapp.com
6 months, 3 weeks ago on PostSecret founder says anonymity apps are soulless and not that anonymous
#BookmarkedForLaterAppleTVviewing - You slick video-listicle-baiting bastards ...
6 months, 3 weeks ago on Which tech exec did the best job on the Colbert Report? The complete ranking
Use anonymous messaging platforms to make LOVE, not war: http://dalliant.weebly.com
6 months, 3 weeks ago on Fortune confirms that Secret’s anti-bullying system doesn’t work
Guys who're into guys are hooking up like gang-busters in Chicago on Secret; I'm sure that's the case in other large cities.
7 months ago on Investors have to stop trying to justify the lies and libel of Secret
I feel like a micro-post like this could stay on the side-bar under one of the cleverly artistic headings Pando has like "Elsewhere." I personally feel particularly with a company like Lyft that has so much "juicy" controversy, a light-hearted article like this could fool the reader into thinking it's more substantial than it really is.
But maybe that was the point ...?
7 months, 1 week ago on I guess Lyft has moved into its new headquarters
Uh oh ... new HomePage RE-DESIGN.......BLARGGHHHH!!!
7 months, 2 weeks ago on US and European regulators continue to scrutinize Google, Amazon, and Apple over in-app purchases
"... or whatever they call the telekinetic brain-to-brain medium we use to share songs in 2030."
It's called 'e-thinking'.
7 months, 4 weeks ago on Vinyl is not going to save the music industry — and especially not 3D-printed vinyl
The CEO of GoPro was quoted on Bloomberg as saying going public on NASDAQ was completely fine, so there's that ... http://www.bloomberg.com/video/gopro-ceo-listing-on-nasdaq-was-easy-decision-4ThROb5GR7uxeExc5UbC9g.html
8 months, 1 week ago on NYFSE and Alibaba to Nasdaq: Suck it big time, chumps
I think this is the type of "native design" functionality for a wearable that you describe, as this ring isn't just a notification hub, but more of a wearable "command and control" interface for the world and applications: Ring
8 months, 2 weeks ago on Wearable jewelry makes its big, boring debut while we all await the real innovation
Decent article - I appreciate the attempt at sociological examination of youth-culture, but I'll say that this article along with many others that are starting to crop up on Pando seem to suggest the eventual need for a "Sections" menubar - i.e. Tech, Culture, Politics, Finance, etc.
It would have additionally been interesting if you were able to inquire about what sort of apps the kids are using, in order to help provide some real-world anecdotal context to assess how many outside of the West Coast are really gaga over apps like Secret, Whisper, Tinder, etc.
8 months, 2 weeks ago on The kids are alright: Bonnaroo, youth culture, and the “New New Sincerity”
Sooo ... since everyone's got a hair-trigger when it comes to slinging the phrase 'sexism' at every opportunity possible, is no one going to get all aggro on the header image to this post?
8 months, 3 weeks ago on VICE may take over HLN in a potential $2.2B deal. But can anybody convince millennials to watch cable news?
Typo - says Pinterest is 10 years old, but must have been thinking while writing that it was started in 2010.
9 months, 3 weeks ago on With the launch of paid pins, Pinterest’s reckoning moment has arrived
Wow, their IPO may single-handedly turn the Tech IPO market around. Time will tell.
10 months ago on Alibaba’s pre-IPO S-1 filing reveals a dominant etailer with sexier numbers than Amazon
The Bubble's finally starting to deflate; it's too bad Box got caught in this - their S-1 reveal was like having the smart, attractive girl you've been eyeing from afar finally come up to talk to you, and when she opens her mouth her teeth are rotting ...
Sad state of affairs.
10 months ago on Aaron Levie’s run of bad timing may ultimately cost Box its IPO moment
11 months, 1 week ago on Startups Anonymous: “What I’d Really Like to Say to Investors”
I personally don't think these big, bulky VR systems will work well in the home - I don't want my kid running head-first into the dining room table trying to escape the virtual boogieman.
I think these technologies will work best to start at amusement parks like Disney World and Universal Studios. I'm sure those angles are probably being investigated by these companies, but I really think it's still too early for the home.
11 months, 2 weeks ago on Sony’s Project Morpheus joins the virtual reality gold rush
My biggest concerns as a healthtech entrepreneur are that the Healthbook software and utility expectation have 2 huge mountains to climb:
1) Extreme concerns and superstitions around HIPAA privacy, and
2) The medical communities reluctance to take consumer health devices and technologies like this seriously
This will not be a complete slam-dunk for healthteach as much as people would like to believe, I fear.
11 months, 3 weeks ago on Apple’s Healthbook stokes iWatch rumors
Hm ... so American Idol meets Shark Tank, for Startups ...?
I LOVE IT!! Pando's Youtube channel will be very entertaining.
1 year ago on Fewer companies, more mentoring, real investments: Announcing Pando’s $100k startup competition
Spothero.com mysteriously missing from the list of e-parking companies ... competition much?
Disclaimer: I do not work for SpotHero, but I love their product. Best of luck to all the companies in this sector.
1 year, 1 month ago on The future of the $100 billion parking industry
This is an enterprise-grade business, with enterprise-grade sales-cycles, which can easily take 6 to 18 months, JUST to get a mid-sized pilot going.
Please respect that.
This is healthcare, not some photo-sharing app releasing a new photo filter, or some on-demand service where college students come to your house at the push of a button to change your TV channels for you.
1 year, 1 month ago on ZappRx announces an additional $1M investment. Now we wait for the actual launch
Just waiting for when they add mani-/pedi's. I've been kicking this idea around for a bit. The Stylisted in Chicago is doing something similar:
Interesting that they're charging $20 more than an in-salon visit, but it makes sense from a business perspective; the women that I spoke to about it said they'd want the service to cost equal to, or below an in-salon appointment ...
Ah well, as always in these sorts of business: start with the wealthy then slowly work your way down-market as efficiencies reduce costs.
1 year, 1 month ago on Democratizing celebrity styling: Uber for your hair has arrived
Typo: "... real-time messaging company TigerText announced $21 billion in Series B funding ..."
I'm sure that's supposed to be 'Million' ... I know I'm so used to seeing 'Billion' too that I don't think twice any more when I read it.
1 year, 1 month ago on Enterprise favorite TigerText gets $21M to prove messaging is not just for consumers
It's the "Inside Baseball" articles like this that keep me coming back to Pando.
It reads as pretty much the exact "Burn Reduction" playbook that Fab is running right now.
1 year, 1 month ago on After the B Round
It's extremely trite, and cynical to say, but I believe only Tesla has shown us the way to get the average, apathetic consumer to care: wrap the concept of improving climate change into an extremely sexy and "affordable" product that regular people want to brag about.
Otherwise, much like healthcare, education, and other institutions part of the public sphere, trying to appeal to people's "sensibilities and ethics" just results in shouting debates and large-scale inaction.
1 year, 1 month ago on The newest climate change numbers are out and they’re not good
So when's your last post @eringriffith? Sad to see you go :-/
1 year, 1 month ago on Ecommerce in 1984: Innovation is never pretty at first
Good piece. As someone who won an early LSM competition in Chicago in 2012 - https://www.leanstartupmachine.com/posts/building-a-premium-product-check-your-price-ceiling - I have to say I think Lean Startup Principles make absolute sense, especially for someone like myself who is 1) a first-time entrepreneur, and 2) interested more in the small biz/enterprise space, particularly involving healthcare.
I agree there are some types of businesses that require strong network effects and fully-polished products at Day 1 - Nest for example. However, I think those businesses require a highly talented, and experienced entrepreneur who can attract both an amazing team and a lot of money to have their product built to near-perfection, and ready to hit the ground running at 100mph from Day 1.
For someone like myself who doesn't have access to those resources, Lean Startup makes absolute sense because it has trained me to go into the healthcare market and talk to the people on the ground, learn what their problems are and where the big guys aren't serving their needs. Then I can utilize my technical talents and that of my small team to brainstorm, and build a targeted, focused solution that meets the client's needs just better than what they're currently using, then use that as leverage to move up-market and tackle harder solutions.
It may not sound as sexy as creating the next Snapchat, but for me it has helped me get a leg-up in the extremely cutthroat game of healthcare, and I know that I can keep talking to clients and iterating to building better and better solutions for customers. Feel free to check us out http://happyhealth.me
1 year, 1 month ago on Is “Lean Startup” right for your idea?
@lynch54 Seconded. Ricky Roma is Al Pacino's character. Baldwin is the hot-shot rep brought in by the owners Mitch and Murry to give the agents the classic, condescending "pep talk".
1 year, 1 month ago on How to whip a struggling sales team into shape, startup-style
Speaking of robots' rights:
1 year, 1 month ago on The robots are coming, the robots are coming
I think there's something to be said for 'optics' and public perception in this case - essentially how Uber appears as a brand to the public. Basically, it appears that their response to this issue, in conjunction with the caustic perception around surge pricing makes Uber come off as a heartless, money-hungry organization. I'm not saying I feel that way personally, but I could easily see a 'more normal' consumer that happens to use Uber feel that way ... and if they heard this story and saw Ubers immediate reaction would be repulsed (Think of a young, semi-tech-savvy mother or something).
1 year, 1 month ago on Uber driver hits, kills six-year-old girl. Is “Not our problem” still an appropriate response?
Beware the backlash of the "Ubertarians": http://www.washingtoncitypaper.com/blogs/housingcomplex/2013/12/23/introducing-the-ubertarian/
1 year, 2 months ago on Uber’s cancellation loophole
SharkTank, SharkTank, SharkTank.
1 year, 2 months ago on How MilkMade is turning a boutique ice cream company into a venture-backed startup
Welcome back @paulcarr Between you and @bgoldberg these comment sections won't be so much of a #ghosttown anymore.
Keep givin' 'em HELL!!
1 year, 2 months ago on Pierre Omidyar in 2009: “Anybody who publishes stolen info should help catch the thief”
Definitely a lot of dudes on IGram asking hot girls if they have Kik, undoubtedly for sext-play.
1 year, 3 months ago on Forget Snapchat and WhatsApp for a second – Kik is the dark horse of the Internet
As a healthcare entrepreneur, I think the real lesson from the 23andMe fiasco is that if you're a healthcare technology company, know the regulations that apply to you, and know what claims you can and can't make based on those regulatory constraints.
The Facebook credo of "Ask for forgiveness, not for permission" isn't 100% applicable to the medical space.
As a 5+ year-old company with the financial backing and support of top VC firms, and Google for Christ's sake, 23andMe should absolutely have known what claims they can and can't publicly make based on FDA disease concerns. And they should have had the financial and operational capacity to happily jump through all of the FDA's hurdles - regulation is the burden that all healthcare technology companies must bear, whether we like it or not. It's no wonder the best-of-the-best in tech avoid the industry like the plague; but if you want to play in this space, you have to deal with regulation - ask any healthtech entrepreneur to tell you about all the headaches around HIPAA.
The real outcome I think all healthtech companies are looking for in this case is whether 23andMe can heal and recover from all this to achieve success, which ultimately just makes this ordeal a setback that all businesses must face as a true test of their longevity. The big fear is that this public fiasco will have a chilling-effect on healthcare technology investment and interest, because everyone's now reminded of the severe regulatory landmines that lie in wait for naive healthtech entrepreneurs.
23andMe should have known better - this screw-up is about their company's lack of preparedness, not a Big Government over-reach.
1 year, 3 months ago on What have we learned from 23andMe?
What a lively debate! At HappyHealth we believe fitness/behavior tracking does have its place, especially if you are using the data to consult with your physician on things like an exercise/nutrition routine for controlling a condition like diabetes. We look at your fitness data as a key component of an individual's larger health profile, which is why we seek to include this data as part of our users' Smart Personal Health Record.
Check out how what we're doing to help individuals securely store their health data, manage it, and auto-fill those annoying doctor's forms we always get on new visits.
1 year, 5 months ago on Why “Quantified Self” is bullshit
Pharmacy pickup is definitely a ripe area for technological disruption, and it's great to see a fellow startup addressing deeper problems that e-prescribing isn't nearly addressing. In our research we've found that ~25% of people who go in for a pickup have some insurance pre-certification or prior authorization issue that neither them or the pharmacy is aware of ahead of time.
We believe well-designed technology can bring similar rapid registration efficiency to the check-in process with doctor's offices. We created HappyHealth as an easy way to store your health data, manage it, and auto-fill those annoying doctor's forms when you go in for a visit. Check us out at http://happyhealth.me and let's Uber-ize the doctor's office waiting room!
1 year, 5 months ago on ZappRx launches beta program to streamline e-prescriptions
Healthcare is certainly hard, and success requires somehow tapping into one of the two "R's" - Regulation and Reimbursement.
While there needs to be Amazon for healthcare, there also needs to be an Uber for Healthcare, and we created HappyHealth to help consumers manage their health information and better the doctor's office experience. Check us out, and let your health data start empowering you today http://happyhealth.me
1 year, 6 months ago on How to find a doctor that doesn’t suck? Spreemo has a new answer
I've always thought that MSFT should buy BBRY and make a push to OWN the enterprise stack.
With all the hullabaloo going on about the NSA, privacy, and hack-attacks, I feel like there's a big opportunity for a company to position itself as a trusted security vendor and secure a strong-hold around enterprise software ...
But maybe Box is going to be that company ...
1 year, 6 months ago on The enemy of my enemy is my friend: Should Microsoft buy BlackBerry?
This is a major point: "The primary area of competition among these consumer-focused platforms will be around interpreting the data collected, making it accessible to the user, and ultimately empowering to act on it in an approachable and ultimately effective manner."
As a consumer health-tech entrepreneur, I agree that actionable insights/rewards are where the true value lies in all the quantified self data. That's driven home by your earlier point here: "More useful would be tips to achieve better sleep and most importantly what kind of personal health and performance benefits could I expect if I achieve a prescribed improvement."
My question is, okay, so the app tells you where you currently are, and it tells you where you could be if you did x,y,z action(s), how do we actually induce you to take said actions to reap said benefits? If you don't get the health benefits that the app suggests, then we're right back where we started and you won't use the app ...
I'd love to hear people's thoughts on 1) meaningful insights they'd want from a health app, and 2) palpable rewards/incentives that would motivate them to take action.
Thanks in advance! Feel free to check out what I'm working on here - http://happyhealth.me
1 year, 6 months ago on PGA TOURCaddie demonstrates how to build a quantified self app that goes beyond simple data collection
Regarding this: "These kinds of investments highlight that VCs can only lose their initial investment. Conversely, if something catches on, that investment can multiply tenfold."
This must clearly be a common investment risk-thesis among VCs, because John Doerr basically said the same thing thusly: "You can only lose 1-times your money in venture capital; you can make many-times it ..."
At 20:45 in:
1 year, 7 months ago on Bill Gurley on getting in on Snapchat: “Any price is kind of any price”
Check out @WeDelivr, a Chicago-based company tackling same-day delivery that won Startup Weekend and TechWeek Chicago.
1 year, 7 months ago on Why the hell are we still waiting all day for the delivery man?
So is this the $1B+ exit the modern NY tech scene needed to get true "credibility" within the ecosystem? Will this spark media-tech "bubble" of sorts?
1 year, 9 months ago on Yahoo buys Tumblr and Mayer “promises not to screw it up” like past deals
Did I hear someone say "PandoMonthly in Chicago to interview Logan LaHive, and later Bill Ready of Braintree" ...?
1 year, 10 months ago on Belly dance: Can Lightbank and Chicago’s hot new company avoid Groupon’s missteps?
@beachedmiami I've been thinking the EXACT same thing: a timed-exploding grocery list, b/c shopping is one of those instances where a single or list of things must be captured, held for a short time, then auto-destroyed.
I believe that while we ARE in an age of ever-increasing storage space, we become lazy and don't delete all these digital messages, and digital "garbage" piles up, taking up useful virtual space and driving up storage costs -> it's clearly cheap right now for companies like Goog, Dbox, etc, but I definitely see a point in the not-too-distant future when where usage-based, auto-deletion of files begins to become the norm to keep costs down ...
Definitely +1 on the grocery list/Snapchat thing though: great minds think alike :-)
1 year, 10 months ago on Today in gloriously pointless apps: Snap, Snap, Go!, the iPhone game “for awful people”
Based on the points quoted, I think the speaker may have used a poor analogy to make his point - admittedly I haven't heard the full talk, YET - but I'll say that I agree that unfortunately there is a zero-sum nature to tech advancement ...
The examples I personally use to understand and reflect on tech innovation include:
1) often-times new tech "kills" old jobs and leaves people without work - employment re-education doesn't happen overnight, and for certain people pushing aspects of life aside to reinvent oneself as software programmer aren't realistic -> ask the mid-40 to 50 year old with kids in high school/college who's downsized due to enterprise innovation how easy it is to transition.
2) As Thomas Friedman says, the Internet is flattening the world for people all-over, INCLUDING Al Qaeda -> as it has become cheaper and easier to start Internet businesses and connect the world over, it is also easier to do so for those who would cause harm to the world.
I agree with what I see to be the speak er's ultimate point: "technological innovation" comes with real, sometimes negative in intended consequences ... But in the end I believe this is inevitable, and the onus is on humanity as a whole, not the drive to press tech forward ...
Tech is a tool like a hammer; it's potential for good and bad lies in the human spirit.
1 year, 11 months ago on “Disrupters don’t just play and experiment. They kill”