SF App Startup Cola Creates ‘Slack For The Rest Of Us’


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From my Forbes blog:

There’s no end of messaging apps that let you exchange texts, photos and videos with friends–Whatsapp, Snapchat, Instagram, Facebook Messenger and so on. There are also a lot of business-oriented apps such as Slack, HipChat, and Yammer.

But what about a messaging app that lets you address the space in between entertainment and work, which is to say coordinating and planning activities with a few friends or coworkers? That’s what Cola aims to do.

Today the San Francisco-based startup is launching a limited, private beta test of an app that uses messaging as the basis for a wide variety of common things people want to get done, from figuring out where and when to meet with friends and creating joint to-do lists to tracking expenses at work and even engaging in multi-player games. The idea, says cofounder and CEO David Temkin, is that messaging has emerged as the most important function of a smartphone and even the foundation of many apps on the smartphone, from Uber to DoorDash to Venmo. “We are entering an era when messaging is the central app, like the browser was for the Web,” says Temkin.

Indeed, Temkin hopes to make Cola the first “messaging OS,” a platform on which activities that need to be coordinated among a small number of people can get done using messaging as the essential delivery mechanism. …

Read the rest of the story.

The Top 10 Tech Trends Through 2020, From Five Top Venture Capitalists


From my Forbes blog:

Get ready for the Skynet economy, the death of the car, and the re-emergence of women in tech.

Those are three of the top 10 trends coming in technology in the next few years, according to several top venture capitalists. They made their predictions Thursday night at a local Silicon Valley institution, the 17th annual top 10 tech trends dinner held in San Jose by the Churchill Club, which hosts forums with tech’s top executives, financiers, entrepreneurs, and thinkers. The criteria for the trends are that they must not be obvious (a rule frequently broken) and will be big in five years (also often broken).

Offering their prognostications at the event were Bill Gurley of Benchmark Partners (recently described by rival VC Marc Andreessen as “my Newman” after Jerry Seinfeld’s enemy), fast-talking science geek Steve Jurvetson of Draper Fisher Jurvetson, China-focused Jenny Lee of GGV Capital, early-stage investor Rebecca Lynn of Canvas Venture Fund, and former serial entrepreneur Shervin Pishevar of Sherpa Ventures. A few samples of what the VCs expect to see:

The virtual me: Lee thinks advances in hardware and sensors will create an explosion of data that will be aggregated into personal profiles that will know more about you than you do. Gurley says humans don’t want to be tracked that much, especially if the devices keep telling you what to do. Likewise, Jurvetson thinks these data-driven systems will be assistants more than taskmasters. And Pishevar suggests this data will work best if it’s made entertaining or gamified. Lee politely implies they’re all old.

The Skynet economy: Jurvetson sees universal broadband, via very low satellites, bringing untold amounts of talent into the global economy. Every part of the Earth would be equally covered with 16 GB a second Internet access by these now affordable satellites. This will profoundly change the lives of these people. Gurley is the main doubter, partly because he thinks it’s too big to invest in. Lynn waffles too, mostly because these people have bigger fish to fry, like, oh, keeping their babies alive. But Lee says wishing it comes true is part of making it come true.

Rise of the robocars: By 2020 we will no longer debate the inevitability of autonomous cars, Jurvetson predicts. They’re already safer than my parents and I trust them for my kids, he adds. There could be a 10 times reduction of vehicles, parking, etc. as well as a 10X reduction in traffic deaths.

The reemergence of women in tech: Half of computer science students will be women in five years, up from 10% now and a peak of 36% in 1984, argues Lynn. She blames the personal computer, which was targeted at males. Lots of pressure to change the situation. And more positive stories are being told, says Gurley. No one’s stupid enough to vote against this hot-button issue.

Overall winner with the highest percentage of audience votes: Rise of the robocars! So Jurvetson gets to wear the ceremonial wizard’s cape. Really, there’s a ceremonial red and blue wizard’s cape. “Do I have to wear it?” he asked. Yes, he did.

And then everyone drove off alone in their Teslas to buy stuff on their smartphone and pore over their binders full of women.

Read the rest of the 10 predictions.