The 2015 Fintech Headline “RIP Bitcoin and XBRL, Incumbency Wins”

Originally posted on Daily Fintech:
I promised myself no New Year prognostication posts, but I could not resist this one. There is too much gloomy Eeyore talk about disruptive innovation. Headline # 1: Bitcoin price is down, mining is too expensive, big bad guys will gang up in a 51% attack to steal the last few ornaments from the burning building. Headline # 2: The US Senate will overturn the XBRL Mandate, despite pathetic pleas to #SaveXBRL. Phew, thank goodness that is over! Stop this crazy innovation express, I want to get off at a familiar station. I think both…

Four Pivot Gates That Unicorns Pass Through

Originally posted on Daily Fintech:
This is a “bonus chapterette” from my book Mindshare to Marketshare. Think of these Four Gates like a funnel, with lots at the top and very few at the bottom (just like a sale funnel): Gate #1: Conceptual Clarity. Gate #2: Prove the Concept. Gate #3: Scale within Niche. Gate #4: Expand and Dominate. It takes totally different skills to go through each of these four gates. Few founders have all the four different skills needed, which is why so many ventures fail as they attempt to pass through these gates. Even harder is the…

Uber for Internet

My follow-on from my last post, Uber for Cats, I am jokingly calling “Uber for Internet.” Read the whole thing over on the EI company blog. I’ll admit, we came out the gate a bit with our heads too deep in the tech and not enough in what our users and developers needed to hear.  Expressing things simply is more art than science – and we’re working on getting into our users’ and developers’ heads, as that’s precisely where we need to be. We’re also working on getting the messaging right for the general, non-blockchain-using public – no easy task, given how…

Uber for Cats

tl;dr: if you haven’t grokked Eris yet, never fear – you’re not alone. (Have a read of this to see an example of someone who has, and was awarded two Eris Industries Stars for his efforts.) We’ll be holding a Google hangout next week to answer all of your questions – so please join! Long version: We’ve received a lot of feedback over the last few days that our marketing is a bit long-form and technical for most people’s tastes. Rest assured this is deliberate; a lot of cryptocurrency projects have sprung up over the last year promising that their particular implementation of blockchain…