about this episode
Jason’s guest this week was Howard Morgan, Co-Founder of First Round Capital and a 30 year veteran of the technology industry. Highlights of the show this week include: biggest passes that did great, incubator programs and what they offer and who are the greatest tech. entrepreneurs of the 80s, 90s, 00s.
00:27 Stephen Young calls in to ask, what salary range should founders be in when taking an angel investment and follows up with how do you raise your salary once you have investment?
00:35 Shark Tank
Interview with Howard Morgan
Biggest company Howard passed on that was great
Investing in competitive companies
Location based companies
Franklin Electronic Publishers business cycle
Mint.com and how being a part of their founders network help them scale their infastructure
How First Capital supports their companies
Idealabs, why it’s successful
Greatest Entrepreneurs of the 80’s, 90’s, 00’s
01:38 News with Lon Harris
01:48:28: Microsoft gains 400,000 users by advertising on farmville.
lon’s Question: is this a way to get users or just click
Jason: Good Idea, social games are massive
01:51:28 Social game advertising is going to be a massive advertising portal, mini cooper being launched through the movie italian job.
01:51:55 Tyler gets scolded
01:52:33 Companies advertising to free samples in magazine.
01:54:00 A large percent of facebook revenue coming from social games, zynga worth more then facebook?
01:54:35 Microsoft’s Pink Phone
lon’s question: What’s the strategy for Microsoft for releasing these phones?
01:56:00 Jason: Microsoft has a legacy and needs to start from scratch and create a long lasting mobile os.
01:58:00 xbox gets complemented
01:59:21 sony to launch a playstation themed phone, maybe a competitor to ipad.
Question: will this hit a mass audience and what will they need to hit a mass audience.
02:00:00 Sony should use the google OS
02:01:00 Sony has lost it’s relevance
02:02:50 Ipad will release late april
Question: are you planning to buy an ipad?
02:03:40 Jason: yes – the ipad without the 3g may not sell as well. Maybe ipad is too expensive for a recession.
02:05:40 ipad needs a USB
02:05:50 Howard Morgan: Overpriced Kindle
02:08:00 Steve Job too controlling
02:08:15 What will happen to apple after steve jobs?
02:09:00 Howard Morgan talks about meeting steve in person.
02:10:51 fiverr job board for jobs worth $5
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