01:46
aaronchua
This is cool. It also unlocks one missing piece in my market making strategies. What if we used this strategy for other well known markets such as carbon trading, using causal games as a bait for others to engage in market trading and building liquidity. This could be a new take on market making....
Sunday, 30 December 2007
Thursday, 27 December 2007
Idea generation #12: More food for thought
Embedded QR walls: Accidental capture of QR codes - implications for advertising and branding that are useful or entertaining to the users? How about streaming music if the QR code is captured in a club?Digital recycling for charity: This is so radical.Another killer from rebang: Selling experiencesNo idea if all these means but sounds interesting. Will google all these terms and see what comes ...
Idea generation #11: Pricing social connection
This is very very interesting. Using market mechanisms to obtain social capital...LINKType rest of the post h...
Tuesday, 11 December 2007
Idea generation #10: People tag-open source social networking
Dave Winer is right. We need to have an open architecture where people can attach labels or tags to their arcs or connections with other people. Imagine De.licio.us for relationships between people. Let's drill down a bit here to clarify my own thoughts. Imagine where I can bookmark any person I see on the web, be it through facebook, twitter, Flickr, Ning etc with a label that I can describe my relationship with him. The service will then organise and display all the tags in profile page. It will also pull in relevant content from wherever the user first tag the person.It is still vague though. Need more thoughts here.Type rest of the post h...
Sunday, 9 December 2007
Idea generation #9: Aggregation plays
I have been trying to think of interesting aggregation plays. Here are some of my draft ideas:- Across media aggregation for vertical: Get videos, comics, blogs, pictures from different media sites but focuses on similar topic such as a particular animation, drama or game series.- A hype machine for flash games: To be different from Kongregate and similar competitors, we need to be think more in terms of attention allocation. What else should we aggregate beyond the content to make it easier for the users to get what they want? How about making it easier to download bundles of games to mobile devices? Or how about aggregating games that are mentioned by well known developers?- Aggregating numbers rather than posts? How about aggregating all the forecasts made by the research companies and...
Saturday, 1 December 2007
Idea generation #8: New forms of medium
Scribd is pioneering a new medium. See bubblegen for why it can be disruptive.What if we extend this to other forms of medium?Music scoresAnnual reports: They are a medium to communicate corporate information. Problem is they are not readable.So, how can we leverage markets, networks or communities to make the information more transparent? More plastic? More being able to encourage conversations i.e. connect consumpt...
Friday, 30 November 2007
Idea generation #7: Food for thought
A couple of links to think about:Personal cultural readerDynamic physical pricingMemory aidsExtreme phone personalisationMashing up bugs and blocking blocks3D RSS reader Merging of machinima and real videosBreaching virtual wor...
Wednesday, 28 November 2007
Startup Idea #31: Toys 2.0 ideas
Stardolls is the inspiration for this toy 2.0 post. I have a few ideas on how to develop this concept.Idea #1: This idea focuses on games and any other media that have a ready 3D model. We aim to inject plasticity into the figurines, making them customisable. The microchunks are in three forms: (i) postures of figurines, (ii) clothing of figurines and (iii) sensor of figurines.The last point need further explanation. Imagine figures which can react by actions or voices to other figures that have a prior relationship based on their characters in the animation or games. This is interesting as we are leveraging on the social graph of virtual characters to potentially enhance the social graph of the real world users.updated: 30 Nov 2007Somebody is already doing (ii) above. Toys 2.0 is already...
Startup Idea #30: Platform for action scripts that allow physical interaction between avatars in virtual worlds
This is huge! (LINK).What we have here is the potential to create a new form of market: Action scripts for physical interaction between avatars in virtual worlds. Such form of interaction touches the heart of social capital and leads to connected consumption in the emerging media of virtual worlds. The opportunities for new markets are mind staggering. Just consider the few ideas below:A microplatform for users to produce their own social animation script; a marketplace for selling and trading of social animation scripts; a smart aggregator to filter the scripts; a reconstructor to rebundle the right set of scripts for different social settings; a data analytics application for the scripts. See the opportunities y...
Tuesday, 27 November 2007
Sunday, 25 November 2007
Startup Idea #28: E-textile market
This article talks about the e-textile and how close we are to commercialising this. If we talk the full spectrum of 2.0 models and apply them in this market, there are lots of interesting things we can do..- a micro community with a reconstructor toolkit: give away or sell the toolkits for users to design their wearables. Have a website for these users to then display their creations as well as educate others on how to create their own wearables- a threadless model: we fixed the perimeter of the wearable technology and let users submit their designs. We will then manufacture the most voted designs- marketplace for programming: fixed the wearable design but let users trade the programmings that run within the wearabl...
Tuesday, 20 November 2007
Idea generation #5: Creating new market exchanges
I post in startup idea #18 that we can provide analytics to new markets. On further reflection, that is missing the big picture. While that idea is still worth doing, the bigger value creation will come from creating new marketplaces in areas where there are strong economic gains to be realised. This site tracks such developments.I have list some interesting markets being created:Stickk: Marketplace for weight lossCCE: Marketplace for carbon tradingcertificateswap.com: Marketplace for exchanging gift certificatesSpotScount:Marketplace for selling and buying of temporary parking spaceParkingTicket.com: Contesting parking tickets.Most of the above sites are not true exchanges like what we see in stock exchange. Hence, the opportunities here for new wealth creation is tremendous.There are also...
Sunday, 18 November 2007
Startup Idea #27:
Updated:From bubblegen in 2004 comes this insightful post that I think is still relevant today:Death of the SitcomTuesday, August 10, 2004Bravo to film a new reality show about the making of a sitcom. What they should really do is massively distribute the search problem - air different pilots and leverage distributed prediction to more efficiently find the next great sitcom. If, that is, it exists.I don't know whether there is such a service today but it will be a killer idea. A feedback mechanism for content providers, be they professional studios or creative, will help them tremendously in getting early reactions on their product. It also allows business intelligence to be gathered on the next potential hit.Updated: 1 Dec 2007, 11 Dec 2007After thinking through, I realise there are already...
Saturday, 17 November 2007
Startup Idea #26: New music label
This article highlights a very interesting idea. Brand owners who own major retailing channels have the potential to become the new music labels for independent artists. What is missing to connect the two is a marketplace. In the spirit of bubblegen, we are using a marketplace to coordinate actions of parties such that it is just as efficient for an independent artist to sell through retailers as to do so through music labels.What is needed on the supply side are hardware or software to make available their 'retailing space' for music. We create the middleware i.e. the marketplace for independent artisits to select the retailers that they wish to play their music on. Retailers can pre-screen the songs to ensure conformity with their brand before they are aired in the retailer's outlets.On...
Startup Idea #25: Transform inefficient networks into markets: finance edition
Companies like Monitor 110 and Clearforest create content derivation applications. They rely on inferring structure from unstructured data to get investment related information. While this is a good service, users have to pay to assess them which limits the growth.What I am proposing is an open sourced approach. We leverage on the same methodology but make the information free and build communications tools around them. Let the community discuss on our recommended actions and suggest alternatives. The service may evolve into a MySpace for the investment community.Updated: 27 Jan 2008A bit more strategic here. How to use the above to alter the value chain of equity research, rather than just becoming another research tool? Here is one directi...
Wednesday, 7 November 2007
Startup Idea #24: Comments and services
The idea stuck me while reading thisSad to say, my queue at Netflix is empty.Okay, so you've been reading this blog for years, you know what movies I liked, probably don't have much insight into movies I don't (hint: I like most movies). And now that we have easy comments (thanks to Disqus), it's easy for you all to tell me what your favorite movies are. What if the recommendations from your comments are linked to actual services. Say, if I receive recommendations for a movie title, can I order immediately from NetFlix? In order words, can I mash the APIs for a comment system like Disque with the API from Amazon or Netflix to give you services when you are most likely to purchase it?The idea goes beyond the simple mashup application scenario. If services are decoupled from their destinations...
Startup Idea #23: Game models
Updated 29 Dec 2007Why are we not seeing the various interesting business models and innovation happening in music being applied in the games industry? This means a ripe area of startups.One I can think of straight away is the network model such as Lala.com. We can offer an upfront small payment to game developers to convince them to release their games for free on our network. We then ride on other sources of revenue to recover our costs. These sources include: figurine printing, merchandise, mobile wallpapers, et al. The value add is inter-connect all these different sources of revenue into a one click software. Updated 12 Dec 2007;Dropped the previous idea as I found out there are already existing services out there, specifically brandpulse and blogpul...
Startup Idea #22: Cleaning contact database using social software
Most companies have problem maintaining a reliable and accurate contact management list. People move on, got promoted, migirated, change industries et al. It is difficult for any one company to keep track of all these changes without changing substantial resources.My idea is to rely on social profiles such as those found in LinkedIn, Facebook et al to help companies automatically 'clean' their databases. Our software will match contacts in any contact management software with social profiles. Once the software detect any changes to these profiles, it will automatically change the information in the contact database. The key challenges in this idea are: integration with various contact management software, powerful people matching engines (we can rely on the many people search engines that...
Tuesday, 6 November 2007
Startup Idea #21: Network for fashion estores
Update 18 March 2008Create a network among independent fashion houses to cross sell products in their blogs or websites. In this network, whatever blog/site sends a lead to the seller, it will receive a part of the sales proceeds if the sales is made. In this way, the network effects can be multiplied across the independent fashion houses.For the consumer, it means being able to view a wider range of items across the networks, rather than having to go to individuals sites. Hence, we are allocating the attention of the user efficiently through this network mod...
Monday, 5 November 2007
Startup Idea # 20: Decentralised attention market for news
Updated: 19 Feb 2008Took away the previous idea of using clickstreams as inputs to attention markets. Dave of scripting.com posted a great idea: making a tool that allows community to start their Digg clone as easily as starting a website. My view is that it would be more viral if the there are 2 other components:i) making a digg widget so that this function can be part of the current community, rather than having to start another new site, which is what a lot of Digg-maker is doingii) allows webmaster to appoint people who can submit articles. These will be the editors of the community-specific diggiii) allows customisation of style sheets. very important for integration into current si...
Wednesday, 31 October 2007
Startup Idea #19: Recommendation 2.0: scenario based recommendation for fashion
Current fashion discovery sites oriented toward searching based on concrete attributes of the product (e.g. price, color) or the user (as in Collaborative Filtering). Such orientation completely ignores the scenario of where the clothings will be displayed, the overall fit of the clothing as well as the current items owned by the user. In reality however, users do consider such factors in making purchase decisions.The idea here is to design an online fashion site that incorporates these factors in its product recommendation system. We will surround this site with game like mechanisms to make it sticky.Updated: 20 Nov 2007Why is this idea powerful. It represents a new class of reconstuctor. As mentioned in bubblegen, the ability to rebundle objects create more value because it reduce transactional...
Tuesday, 30 October 2007
Startup Idea #18: Information intermediaries for new emerging market (tickets, sports)
The technology of the digital age is driving an unprecedented explosion in the ability to create markets in anything. Trade anything. Not just physical goods. Not just financial instruments. But ideas. Events. Outcomes.The emergence of these kinds of markets will -over time - impact how we view and interact with the world in all aspects of our personal and professional lives. They will fundamentally alter the current world economic and social paradigm.With the emergence of a market-like system in traditional closed industries, there is a need for information intermediaries that help to make the markets more transparent, more . Think of how the financial markets have spawned innovative research services like research recap, monitor 110The current emerging markets in my radar are: tickets...
Startup Idea #17: Arbitrage selling through via live video
Even with ecommerce taking off, there are still many items that require a local presence for purchase. Paintings by local artists is one example. We see many independent artists, especially in the Asia where their paintings are not available online.A business can be built by using Justin.TV style of service to serve buyers. We can arrange for a virtual shopping session where live video will be stream and broadcast to buyers on the products they are otherwise unable to purchase. For example, we can arrange for a video session to visit painting galleries or roadside stalls where buyers can make their purchase of paintings via telecommunications.All videos will be made available online for buyers who are unable to attend the live sessions.Updated: 5th NovAs an extension to this idea, we will...
Sunday, 23 September 2007
Startup Idea #16: Brands sponsored widgets
Updated: 30 Nov 2007Cleared the previous idea on last.fm for micro learning since I could not figure out how that is different from having a personalised or 'branded' RSS feed. Create a marketplace for brands to sponsor widgets on social profiles. Users can to choose which widgets they prefer. No advertisement here. The interaction of the user with the brand sponsored widget IS the advertiseme...
Thursday, 13 September 2007
Startup Idea#15: Last.fm for stock picks
Updated: 27 Dec 2007This idea takes the lastfm approach of utilizing "web 2.0" technologies to deliver insights to stock picking. The idea is to collect and analyse stock investment among social groups, communities et al. Examples of benefits include:- seeing all the stock investments by your friends in an aggregated and structured way?- seeing all the people with the same investment style as the user? and to compare which potential stock investments can lead to the most reward?- seeing the stock related news that your friends/groups are reading?- seeing the most common route about the level of risk/returns that that I really want? What do people invest to achieve that level Now imagine you layer on even more interesting data, especially with job boards. For example, once you have determined...
Tuesday, 11 September 2007
Startup Idea #14: Virtual currency in real world enterprise solutions
A lot of business efforts have been focused on using real world currency on virtual world items or actions. However, the reverse of using virtual currency on real world actions might also offer business ideas. One such opportunity is in the enterprise space. I can imagine, for example, using virtual currencies in a staff reward system. There are a few companies that employ instant rewards to employees for well accomplished jobs. A virtual currency system can be implemented to let managers give out such rewards in a more timely manner. Employees can then redeem these currencies for real financial gains at the end of financial year. The advantages of such a system is that virtual currencies relieve HR of the complications of financial administration and at the same time provide timely motivation...
Wednesday, 5 September 2007
Startup Idea#13: Open source CAD
Provide an open source CAD. Autodesk, the market leader in 3D CAD, commands over a billion in revenue. If we change the model of the industry, similar to what MySQL did for the database industry, we can potentially disrupt the entire CAD market.See article for related thoughtshttp://cofes.com/Community/Blogs/tabid/272/EntryID/116/Default.aspxUpdated: 26 Feb 2008See this link for the most pirated software. Signals the pent up demand for an open source CAD syst...
Tuesday, 4 September 2007
Startup Idea #12: Branding 2.0
Updated: 4 March 2008Will unite the startup idea#12 and startup ideas#16 under the umbrella of branding 2.0 since they are different possibilities of dominant designBranding is this age of cheap interaction and coordination, is about enabling true conversations to take place between companies and users. It is about making advertising more useful to the users. In this prosumer generation, brands must engage consumers by giving them a playground for them to remix, to recreate, to build upon, to improve, to personalise the products as how they see it. It is letting consumers decide what is important to them and what they would like the companies to do to serve them better.The opportunity here is to create a dominant design of how such interaction/coordination will look and feel. Below are several...
Saturday, 1 September 2007
Startup Idea#11: Reconstructor for lacking content in search log analysis
Updated: 22 Nov 2007Completely dropped the previous idea as it is not interesting enough on a strategic and economic level. The replacement idea is this: to have a last.fm type of application to automatically that plugs the gaps as revealed by search log analysis.(See blog post here for how useful search log analysis can be)Current search log analysis tells you what is missing in your content, what is the content needed to fulfill the long tail of search queries et al. The greater value is when the application can immediately suggest sources of content to plug the gap. This form of reconstruction has result in tremenduous value creationDropped IdeaThis idea links up the growing popularity of virtual worlds (see cyworld, club penginue, world of warcraft) with real world chores. A simple virtual...
Wednesday, 15 August 2007
Idea Generation #4: Web as a banking platform
Making the web into a banking platform (whether they like it or not)Last week, my company, Wesabe (which makes a personal finance community site), launched a REST API that allows anyone to get their bank or credit card data in XML, Excel, CSV, or a bunch of standard financial formats. Tonight, we launched an open source Firefox extension that allows anyone to automatically extract data from their bank every night, and upload it to Wesabe, regardless of whether their bank provides automatic download or not. Both of these features work for any bank in any country, as long as they support one of our export formats (OFX, QFX, QIF, OFC, Quicken, Money, and a few others coming soon). Data in, data out, free and easy.There's a basic Web 2.0 story here, which is simply that opening up APIs and embracing...
Tuesday, 14 August 2007
Startup #10: Personalised Brouchures
Online advertising is personalised and targeted (Adsense). The idea is to build such a system for direct mail brouchures, which currently is mass produced. The current technology infrastructure allows such a system to be constructed. The components of this system conmprise:i) Build a digital library of assets to create thousands of versions of the brouche for the same company. This library can be built up either through offshore outsourcing or through automated software.ii)Using data about consumers and computer algorithms, the server will allocate the relevant advertising message to be printed at the brouchures to every person.iii) A printing system that can print individual brouchures that is economical. Companies like Moo have proved that such a printing system is feasible.More simply put,...
Monday, 13 August 2007
Startup idea #9: Next google
Updated 7th March 2008Too similar to the first idea for toys 2.0 so decided it.This is a great idea. As content distribution convergences and users view content on multiple devices, the application or devices or pipes that sits on top on all these distribution have the potential to be come the next Google.Updated 10th March 2008A list of companies already doing this:NebuAd, Phorm, Project Rialto, Front Porch Adzilla...
Startup idea #8: Market exchange for media and other service/products
Updated: 30 Nov 2007: Scrapped the previous idea and have replaced it with this one.This idea is about defining new market exchanges between media producers and producers of other services/products. Some recent examples of startups in this area includes:Firepoll: free iTunes, ringtones etc in exchange for taking surveysMochilia: free mangazine/newspaper content for bloggers in exchange for advertisementsBrightSpot Media: free movie rental from BlockBuster in exchange for viewing advertisements.What we can do to one up these examples is to further notion of markets. These startups do not provide coordination mechanism i.e. price, liquidity or information transparency etc. All these are vital points for us to hit.As an illustration, let's take price. By simply doing a model where users decide...
Startup Idea #7:Platform for user generation enterprise applications that goes beyond APIs and includes RFID, GPS
Mash ups in the consumer and enterprise space are now common. Most them, however have focused on using APIs as the 'ingredients' in creating applications. A future extension, and one that would definitely yield more interesting applications, is to go beyond APIs and include more technology blocks such as GPS, RFID, sensors et al. A platform that allows users to simply mash these technologies with web APIs would be interesting to say the leastThere are a couple of resources here that talk about enterprise mashups. While the focus is in mashing up web servcices or data, we can see that there is definitely potential for mashing up the above with additional technology pieces. A mash up for example that take sales data and GPS data on their customers would give marketing managers a useful application...
Wednesday, 9 May 2007
Startup idea #6: Superdistribution for mobile content
Here is a concept that I think is on the brink of taking off: superdistribution. Applying this to mobile content gives a whole new meaning to word of mouth marketing. The problems needed to solve is still cost: cost of uploading and downloading cotent over the network.Mixercast is an example of how superdistribution can work in the online world. Mobile is another matter. I am currently working on a peer to peer platform but have not found the answer to the cost problem.Need more research here.Updated 7th Nov: No progress has been made on this idea. Something is holding back the realisation of this idea which I wonder if it is the reason I mentioned above. Recent example of startups trying this includes Tamago as well as established music labels such as Sony....
Tuesday, 8 May 2007
Startup Idea #5: Ad-supported blogs for comics
Updated 7 March 2008Discarded the previous idea on product placement in comics (too small a market and leverages no edge competencies)To reinvent the comic value chain, it is better to engineer it using markets, networks or communities. Similar to RCRDLBL, an ad-supported network can be created to support blogs of comic creators. With such a network in place, we can do some pretty cool things like:i) smart aggregator i.e aggregates content and filters it to drive content novelty to usersii) reverse syndicate i.e. allow aggregated content to be syndicated out to individual blogsiii) create a new form of mediation/sociality that builds on micro comi...
Wednesday, 2 May 2007
Idea Generation #3
Found a list of 50 business ideas by a VC. For reference. LINKType rest of the post h...
Tuesday, 24 April 2007
Startup idea #4: Platform for developing location based games
I have been spending the past week touring the west coast of US and meeting some interesting companies and VCs. As non-disclosure agreements, I of course cannot discuss anything about them in public. However, they have stimulated more ideas which I will be putting them here in the coming days.Location based games are coming more and more prominent. The issue is that they are usually one off event. The idea here is to develop a game development platform where users can easily create their very own location based games using simple rules and markers. The game, when completed, can then be sent to their friends for playing. Advertisers or advertising agencies can also use this platform to easily develop their games to promote their products or brands.I foresee the platform to have an interface...
Saturday, 21 April 2007
Idea Generation #2: Startup Ideas from other blogs
Found some startup ideas today while browsing the web Throught I put it here for refernce. (original post link)There are way too many Web 2.0 companies out there. Some provide useful services, like Flickr or YouTube, but some are simply copycats, badly executed unoriginal ideas. The Web 2.0 bubble seems to be, thankfully, deflating now, with some companies already going out of business as they realise that Web 2.0 is not magic and if you just offer free services, then, well, there’s no money in that.Here’s a list of Web 2.0 business ideas. Five of them. Hopefully these will inspire people to try something new and interesting and maybe some of...
Thursday, 19 April 2007
Startup Idea #3: Community driven ads
Updated: 30 Nov 2007The previous idea of user generated ads is replaced with this more thought out piece. Basically, the entire idea is stolen from here. But hey, since nobody I know is doing anything about it (except maybe for the Youtube-adsense integration thing). Why not try something?What I would like to add is this: rather than just releasing ads onto a server as suggested in the post, I would built a Getsatisfaction model. This means communities can be built around particular brands or companies, rather than just asking users to produce ads without a anchor point to build network effects fr...
Wednesday, 18 April 2007
Idea Generation #1: Future of Social Networks
As I was writing this blog, I realise some of my thoughts are not even ideas, but grounds for future ideas to germinate. Hence, I am decided to create a new cateogry called idea generation where I collect materials from the web and post them here. The aim is to stimulate further thoughts on the subject. Ultimately, this should lead to more innovative ide...
Startup idea #2: Search applications
This idea was inspired by an Business 2.0 article I read a few months backon search applications (read article here). While the article highlights the opportunites in improving search without coming up with a better algorithm, it tiggers something related in my mind.There are now hundreds of search engines as well as search functions with all sites including ebay and amazon. What applications can be built on top of these results queries? In my mind, there may be a market for a new Nielson. What Nielson has done for traditional media, this new company should provide in the new media space. How is your product doing in Ebay? What prices are being transacted? Did it get positive mentions in Digg? Was the product site heavily tagged in De.Lic.Ous? How many sites have mentioned your product as...
Tuesday, 17 April 2007
Startup Idea #1: Asean Facebook - Opportunities and Issues
Facebook clones are a dime a dozen. Yet, the concept is too compelling for me to resist taking a crack at differentiating the product.While there are many facebook clones in some countries, I have not seen the Facebook concept being applied across different cultures with different languages.The aims of this post is to document my thoughts on how to differentiate the current Facebook model and features with Asean context. The opportunity here, to me, is to provide a compelling feature that takes into account the fact the Asean countries, excluding Singapore, are generally poor with limited career opportunities for graduating students. If students in these countries can be tied with opportunities in Singapore via the site, there is an angel there that I think can be exploit.Hmmm....Resources:...
Introduction to my startup ideas
This blog is started to track my thoughts on startup ideas.I believe that ideas, when first conceived, are not the best candidates for startups. However, over time, I discover that through refinement and continuous integration of new thoughts, ideas become more viable and in the worse scenarios, become complete duds.So, this blog serves as a mechanism to help myself refine ideas. Comments are welco...
