K8 Keynote: The Personal Revolution

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K8 Keynote, "The Personal Revolution," from Sir Michael Moritz from Sequoia presented on September 9th, 2013.

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K8 Keynote: The Personal Revolution

  1. 1. The Personal Revolution
  2. 2. Tools in the field
  3. 3. Tools migrate to factories CityofTorontoArchives,JamesCollection
  4. 4. Tools meet the assembly line
  5. 5. 20001986 1993 Fiber Optic Cable. Image courtesy: Karen_O’D 2007 Bandwidth 2,253 petabytes 471 peta281 peta 66,560petabytes
  6. 6. 20001986 1993 Storage 2.6 exabytes 54.5 exabytes15.8 exabytes 2007 295exabytes
  7. 7. 3x1011 MIPS 20001986 1993 Computation 3x108 MIPS 4x109 MIPS 6.4x1012 MIPS 2007
  8. 8. 244 IBM 360 490 Apple II 70,000 Windows Apple 900,000 Android 1M The App Explosion
  9. 9. 1993 20031973 1983 2013 $ 750$ 6.6K 29 Dell 486 desktop computers $ 0.1M 34 IBM 3340 computers $ 22M 375 IBM 3340 computers $ 33M 2 PowerBook G4 laptops 1 Samsung Galaxy S4
  10. 10. 17 M 2006 11 M 2007 674 M 2013 Tools in perspective 15.4 M 1994
  11. 11. Systems $ Database $ Office Productivity $ Texting $ Voicemail / IVR $ Video conferencing $ Tools become ~ free 2000 2013
  12. 12. Recruiting $ Sales $ Promotion $ Marketing $ Fulfillment $ Customer Service $ 2000 2013 Tools become ~ free
  13. 13. The Center of the Personal Revolution The Data Factory
  14. 14. Labor
  15. 15. Money
  16. 16. Global
  17. 17. Global microphone for content 11.7M+ Opinion leaders 23.6M CXO's/Owners/Partners 1.6M Directors at Fortune 1,000 companies 238M Members on LinkedIn
  18. 18. Arianna Huffington President & Editor-in-Chief at The Huffington Post Jack Welch Founder of Jack Welch Management Institute  Shinzo Abe Prime Minister of Japan Jim Kim President at The World Bank Maria Shriver Journalist, Author & Activist Bill Gates Co-chair of Bill & Melinda Gates Foundation Maria Bartiromo Television Journalist at CNBC-TV Jamie Dimon Chairman & CEO at JPMorgan Chase Barack Obama President of the United States Richard Branson Founder at Virgin Group UNPAID content contributors
  19. 19. Sam Taylor President & Owner, TNT transportation 18% month over month growth 40+ locations around the world Expanded his business and hired more drivers thanks to Uber
  20. 20. Laura Barnum College Student - University of San Francisco 35% month over month revenue growth Worked 20-30 hours a week between classes and made over $20/hour
  21. 21. Rosemarie 75% of 15,000 TaskRabbits nationwide rely on TaskRabbit to pay bills 10% earn 100% of their income Earns $7,000 a month using TaskRabbit, relying on it for 100% of her income
  22. 22. Jordan Insley eBay Store owner 25 M sellers 1.3 M sellers use eBay as a primary/ secondary source of income. Major refurbished TV business
  23. 23. King Arthur Flour A “200 year old” startup rebooted itself as a successful baking company, providing classes and products The average click through rate of an Adword is 4x compared to display ads
  24. 24. Michelle Phan YouTube L’ancome spokesperson 4.6M subscribers $4B paid by advertisers, up 60% in 2012 from 2011 >1M creators signed up
  25. 25. 2M sellers on 10 different marketplaces around the world Brice Hoskin Mountain Boy Sled Works Sells more than 14K sleds a year using Amazon marketplaces
  26. 26. 1/4 of the top 100 best selling eBooks on Amazon.com were independently published using KDP Theresa Ragan Rejected by traditional publishers Sold nearly 250,000 books for the Kindle
  27. 27. Ben Silbermann Pinterest Cofounder 3,000 consulting partners 1,800 technologists / ISVs 17M users in 9 months with fewer than 12 people
  28. 28. Cari >2% of all active internet sites are Weebly sites. Closed her retail gift shop and built Coquettebath.com using Weebly. In 2012, made over 5,000 products by hand.
  29. 29. David Uses Airbnb to subsidize his schooling. Hosted guests from Saudi Arabia, London, Afghanistan, and Mexico. 3M guests in 2012. 300,000 listings at the end of 2012.
  30. 30. Hedda Parashos 31M visitors use Trulia’s site every month Went from under $100K in gross commissions to over $600K in gross commissions. Bought the real estate firm that she worked for.
  31. 31. Jodie Rosen 250,000 home improvement professionals build their brands and connect with homeowners Started her own line of furniture after exposure from Houzz.
  32. 32. Pura Vida Ships 20,000 bracelets a week to the US. Employs dozens of people in Costa Rica and more than 500 campus reps in the U.S. $10B processed annually 40K merchants on board (* end of FY2012)
  33. 33. Alex Schwartz 6.6M editor sessions 400K monthly active developers Chief Scientist at Owlchemy Labs One of several indie gaming studios enabled by Unity3D.
  34. 34. Sarah Seattle Landmark Mugs Now sells them in Nordstrom. Quit her day job $100M goods sold in July 2013 1M members joined in July 2013
  35. 35. 2,200,000 1,800,000 40,00080,000
  36. 36. $ 43,868 1968 2012 $ 52,762 Median Household Income * Inflation adjusted
  37. 37. $ 10.70 1968 2013 $ 7.25 Minimum Wage
  38. 38. GDP Growth 2002-2012 Source: The World Bank Figures in current USD 0% 5% 10% 15% 20% China Indonesia India Brazil United States
  39. 39. Excluding and deporting talent China 10,165 Russia 873 Spain 684 UK 2,573 France 1,517 Japan 1,276 H1-B Visas granted in 2011
  40. 40. The Personal Revolution explodes Y! Japan Rakuten Tencent Baidu Alibaba 360 Buy Ctrip Mail.ru Yandex Asos Naver
  41. 41. The Personal Revolution

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