Le Web Paris

Ilya Sukhar:

10 years is a long time, it's longer than my entire career. The question is how people will discover apps

what if Siri responded with a ranked list of apps for a query? [sounds like @DoAT to me]

I recently switched to Android, and I think Google Now is a pretty great product - google should offer that to developers

Anthony Tjan:

Baseball has now formalised analytics - 26 out of 30 teams now have an analytic team

4 key trends: Algorithmic, Women, Interdependent, High-Low Tech

4 key traits of entrepreneurs: heart, smarts, guts and luck - which one drives you?

Tounderstand heart, watch Jiro Dreams of Sushi - get it on your netflix now [there's no Netflix in France, is there?]

70% of businesses with a formal exit or IPO did not start with a business plan - heart driven wins out #tummel

Pattern recognision is at the essence of smart entrepreneurship

Guts dominant entrepreneurs: 30% have failed before - 1 in 3 are serial entrepreneurs

Luck is not about chance but about having Humility, Intellectual Curiosity and Optimism - A Lucky Attitude

you can test your entrepreneurship propensities at hsgl.com

Loic Le Meur:

here are future entrepreneurs: [leads a whole 6th grade french class onstage]

Jeremiah Owyang:

six months ago I was talking about the collaborative economy, and asking if big companies could be part of this

The last 10 years have been democratising media - 10 years ago Le Web was Les Blogs

the tools we used to use to publish media are now being used to build products in the physical world

we're going to see the democratisation of the physical world in the next 10 years

big trends: 3D printing; high funded sharing economy; Crowdfunding and Bitcoin

Corporations are making the crowd part of their company: eg GE working with Quirky

U-Haul sells U-Notes in increments of $100 to create a shared fate - the highest form of loyalty

A company called Custom Made make high end matching jewelry to match the Lincoln car

Ask Executives what the purpose of business is, Profit is the biggest. Millennials say Societal Development, Innovation

Toms shoes launched a marketplace selling artisans' social good products

Nokia released 3D printable files to enable custom cases to be made

I'm starting a new company called crowdcompanies.com as a Brand Counceil for large companies who want to Collaborate

The bog corporations pay, the startups don't

people can make physical goods and share them instead fo buying anew

Corporations that partner with these empowered people can become resilient

Om Malik:

Tony and I are old friends and partners at the VC fund True Ventures

you founded about.me, sold it to AOL, and then you bought it back. Tempting fate?

Tony Conrad:

I realised at AOL that there weren't as many integration opportunities as we had thought - they were more media

we decided to focus on engagement rather than growth

you shouldn't be defined by algorithms or your professional experience, but how you see yourself [a fake #indieweb?]

I start to see 19-year old college kids use about.me as a resume to get internships

these pages can create value for you even if you don't go back to the product -linkedin and about.me are like that

you are curious about who is curious about you, so we tell you who put you in categories or viewed your page

we are seeing a lot of party round financing, which can give the illusion of progress - do you have an anchor [VC FUD?]

Om Malik:

there isn't enough time in the day to go through each pitch and each company. How do you rise above the crowd?

Tony Conrad:

if you're becoming a founder you need to think of a 35 year career - cultivating relationships

Om Malik:

startups aren't fighting the battle for money, you're fighting for talent and attention. Without those you won't succeed

Tony Conrad:

startup founders now as opposed to ten years ago are so much more knowledgeable

Matt Mullenweg was betting on us to be good stewards. Today he'd be plugged in to so much more

Om Malik:

Startup founders are so much more informed, but are they more knowledgeable? How do they break out?

Tony Conrad:

in the next 10 years startup activity is going to go off the hook - we just invested in a submarine robotics company!

Om Malik:

I wantto thank @loic and @geraldine for making Le Web the most important conference in Europe

Michael Sippey:

twitter has its roots in mobile - it started out in text messaging and became web later

at twitter we were very early in the app store for iOS and Android [er, not earlier than 3rd parties]

we made the first big change to the home timeline in a long time, by making it easier to follow conversations [blue lines]

you'll now see photos and video in the timeline now @loic: from instagram? @sippey: no, ask them why

We've taken mobile development and distributed throughout the company - a team developing photos has iOS+Android engs too

we've built an experimentation framework into iOS and Android apps so we can run % experiments on mobile too

we use the data to influence the decision, but not to define it

we met Vine: classic team of a designer, a product manager and an engineer - @loic: you really need a designer now

Vine was the first app that din't have a record button or a play button - you just tap and hold @loic: snapchat does too

Vine have a lot of autonomy and independence -they have a separate office in NYC

Loic Le Meur:

why not a separate photo app too?

Michael Sippey:

twitter incorporated photos into the core twitter app experience before i joined

Loic Le Meur:

how do you see snapchat and ephemeral content?

Michael Sippey:

I think snapchat found something interesting - using photos and videos to briefly communicate

we're looking at how we solve the users problems

Loic Le Meur:

so you're building a Snapchat competitor?

Michael Sippey:

No we're not.

Loic Le Meur:

how about you post a tweet and it disappears? [could write that with the API - auto-delete]

I have an 18 year old in college who sends me things on SnapChat that are disturbing

Michael Sippey:

we have a lot of users in school or college who use twitter for public communication among their peers

Loic Le Meur:

how do you see Facebook versus twitter - they seem to be one by one taking your features?

have you read @nickbilton's book Hatching Twitter? I highly recommend it

Michael Sippey:

what our users tell us that they love about twitter is that it is live, public conversational and distributed everywhere

Loic Le Meur:

I can't follow whats happeneing around Le Web on facebook, only twitter

Michael Sippey:

we've done a lot of work on search, and integration with television - putting on air and sending back

Loic Le Meur:

Facebook have a feed, but their search sucks

Michael Sippey:

Facebook has their product, I'm focused on twitter - not looking at them but at us

I joined sixapart in 2004 -we were all blogging then, The shift has been to mobile and cloud enabling small teams

in 10 years the devices we carry will have better sensors and tools to share content and context from wherever we are

you can tell we're old as we both have watches my watch is a heads up display for time and date-

last year @KatieS was here at Le Web - she's building up international here at a great rate

Loic Le Meur:

politicians in France talk amongst each other - thats amazing to me

Michael Sippey:

usernames will stay, but we hear from new users that @ handles and hashtags are confusing so we need to help

if you think twitter hasn't changed much then we're doing our job - it feels familiar but it develops well

the IPO hasn't really changed the company - we've been focused on a sustainable business and executing well

the market invests in the future of the company, and we're building that future

if you have product ideas, email me sippey@twitter.com, or tweet me

Nick D'Aloisio:

the reason I built summly was because of all the time i spent going back and forth between results and apges

the summly algorithm is used in the Yahoo App in the US app store

I'm full time at Yahoo, but I'm finishing my A-Levels at school too

Loic Le Meur:

So, you sold summly for $30 million?

Nick D'Aloisio:

I can't say. No really, I can't tell you.

yahoo has huge corpora - so much information. Making that personal could be really interesting

a lot of the time wasted on mobile is people faffing about trying to find what they want

if you have a conversation you forget half of it in an hour. Permanancy isn't natural for humans. Snapchat does that

Loic Le Meur:

so our conversation is transient, unless you're like @scobleizer. Fortunately we're not all like Scoble

Nick D'Aloisio:

there is a value for permancy, as long as I want it to be. I don't necessarily want it read back to me in 5 years

people take screenshots of private chat conversations in Facebook etc and post them. They want to avoid that

I'm fascinated by self-learning - making accessibility if knowledge really easy and fun is what I care about

even though I had IT lessons at school, there was no idea of starting a company instead of joining one. teach that too

making entrepreneurship as an option available for schools around the world is key

I think Bitcoin is interesting, but I don't know much about it. I like the decentralisation

when I was doing summly it was great to have Angels to lean on when it went badly. Crowdsourced doesn't do that

It's important to raise external capital because it keeps you in check - you need external people to keep you in line

Loic Le Meur:

you can tell this bitcoin video is old as it says they're worth $70 each


Nothing is more network affect-y than currencies. I was at Linden, and we never quite spun out Linden dollars

Garrick Hileman:

is an economic historian at LSE


3000 years ago, people used gold and sliver both for storage of value and exchange of value

pre 1863 in the US there were 8000 entities printing their own money - it was unwieldy and prone to forgery

the gold standard was invented in 1821 by Britain, and the US went off it in 1971

in 2002 QQ's q-coins were used outside QQ.com - the chinese govt banned this in 2007

2009-2012 Facebook credits came out, but despite their ability to fore peoepl to use it, it still died out

No-one owns bitcoin -the founders found a way to disappear [except they have the bulk of holdings]

anonymity of BitCoin has had a lot of press, but the 3 big drugs and guns marketplaces have been shut down this year

in 2013 Bernanke said that the US wasn't interested in regiulating virtual currencies

People's Bank of China recently said that companies and banks should not accept them, though individuals could

You can only spend bitcoin in about 1000 places worldwide

up until a few weeks ago, 65% of bitcoin trading was in china. That may change now the Bank of China has spoken

there are about 60 other digital currencies that have copied this idea

Garrick Hileman:

Technology folks are excited about crypto and exotic hardware. Governments are excited too

Governments worry about the money laundering aspects of bitcoin, but care about the growth potential

VC's are excited about bitcoin because they see it as disrupting the multi-billion payments industry

Shakil Khan:

the Western Union remittance model has fees of about 20% on $100 right now to send money internationally now

international trade now hits merchants with huge transaction fees and exchange fees - that is billions too

Garrick Hileman:

think of Argentina or another country with a weak domestic currency. Cyprus crisis showed this as Bitcoin went up

At the moment Bitcoin is mostly a store of value, not a transaction currency.

Shakil Khan:

we need more mainstream adoption - we need someone like Amazon, not just @eff and wordpress

will a CFO of a pubicly listed company want that risk?


talking to a Silicon Valley Bank about bitcoin, they are waiting for a stable set of rules first

Shakil Khan:

regarding tangibility, I remember this argument against spotify when Daniel Ek launched it. The mindset changes

Bitcoin is not much different than people using tap to pay to pay for their coffee

Merrill Lynch published a large report about Bitcoin last week, we're seeing lots of finance industry interest

lot of retailers like Walmart and UK high street chains are seriously looking into Bitcoin

Garrick Hileman:

European sovereign debt crisis is not resolved. The IMF recently talked about capital controls; Bitcoin avoids them

Shakil Khan:

"anyone with significant wealth should put 1% into bitcoin" - danger is not understanding it

what really worries me going forward is people putting money into bitcoin to speculate in it

Garrick Hileman:

China's stance on Bitcoin was not as strong as on QQ, because it is not centralised and harder to regulate

the most common cause of death of alternative currencies is technical advance or lack of demand

we can see that Bitcoin has problems in the 10 minutes it takes to update the blockchain

Satoshi retained enough bitcoins to be a billionaire, the litecoin founder deliberately has not.

Shakil Khan:

look at the gap between what understanding we have and the mainstream

Garrick Hileman:

Money is an abstract thing to begin with. Bitcoin has no actual coins and bills

ultimately all currencies are backed by supply and demand - look at Zimbabwe losing it's currency

Shakil Khan:

Governments can be allies and enemies, purely from lack of understanding. Financial systems are already broken

if people are accepting that music and videos come from this thing called a cloud, virtual currency is not so different

Garrick Hileman:

prior to the explosion in cryptocurrencies there were 4000 alternative currencies around the world. It's hard to do

we may need focus on one currency to get the growth

Shakil Khan:

I'm an investor in Bitpay. The most fascinating companies in digital payments are being built right now. we'll see some Q1

what is also required apart from the techincal solution is the consumer trust and branding that they need

the people we hear about losing bitcoins is usually not the protocol but someone running a 'bank' designed to steal them

Garrick Hileman:

we don't know what the price of bitcoin is now. Coindesk's price info is valuable here


should the audience be investing in bitcoin?

Shakil Khan:

only if you have money you are prepared to lose you can lose all you put in.

Day 2

Dina Kaplan:

I say this not to sound boastful or American, if those are really two different things, but because I was full of fear.

I realise now that I was afraid to ask for help- that people would think I was not capable

I had no women role models to look up to, so I had to emulate men. I suppressed every single emotion that I felt

I felt like an actress playing the role of an entrepreneur. This was imposter syndrome.

I was afraid that I'd collapse when crossing the street in New York. I quit my job + booked a 1 way ticket to Indonesia

After trevelling the world, collecting countries for the facebook photos, I took a ten day meditation retreat.

I realised that I had only wanted to be liked.

Brian Solis:

The next 10 years are either going to happen to us, or because of us.

this woman took a selfie in front of someone committing suicide on the Brooklyn Bridge. This is your customer

Bradley Horowitz:

I have tremendous respect for Snapchat - they have obviously tapped into a key human behaviour there

very few companies have the resources to think in ten year timeframes like Google can, so we have a responsibility

Loic Le Meur:

why don't you wear google glass? @elatable: I need these glasses [not eligible for Lasic? as a googler asked me]

Bradley Horowitz:

as well as self-driving cars and Glass, other moonshots are Chrome and Android - which now seem obvious

We're not afraid at google of doing things that are technologically significant and take a while

we don't just backup and upload your photos, we use the compute power of Google to smooth wrinkles on people's faces

Plus Post Ads promote brands google plus posts out to the rest of the web.

we've introduced a new google ad format which is a G+ post that users can comment on and engage with elsewhere on the web

YouTube now uses Google+ for commenting, so you can go to a billion view video like Gangnam style and see friends comments

we had a lot of problems with ranking of g+ comments on YouTube, but we have made changes to make them better

Google Plus has never been about Facebook - it solves a very different use case as it is private

Google Hangouts taps into the same use case as Snapchat - its ephemeral and easy and has recording protections

YouTube integration, Google Drive and all the other G+ integrations were part of the plan, and there will be more

we have a lot of apis and services available for developers to work with, it's not just about us buying companies

you don't want to optimise your company to be bought by google, build a great company and it's a side effect

Andy Grignon:

Scoble's jacket is like a clown car of gadgets - things keep coming out of his pockets

Robert Scoble:

the Oakley ski goggles are full of sensors that can measure your hang time on the mountain: everything has sensors

Location and Social data is growing all the time. 500M tweets/day now

Data is being used everywhere - with Hadoop and machine learning to make sense of it

Context means anticipatory software that knows what you're going to do - Google Now is an example

smart bluetooth beacons sit there and spit a number into the air every few seconds and we can find where they are

Andy Grignon:

eightly is a product that builds on what we made with Dashboard - let anyone make apps foriOS

back in the day there was a crazy thing called Hypercard that let you put buttons on things, we want that everywhere

we have cards for each thing and you join them together to make up a story

we automate all the layout so you don't have to worry about that.

Hugo Barra:

I've been in China 2 months but it feels like a lot longer than that - my mind is blown every single day

China is a parallel universe - when it comes to tech. China has 8 million college graduates a year vs 3 million in the US

600 million internet users in China - 500 million smartphone users that has doubled in 6 months

there is not one Western app in the top ten of apps in China, QQ has 5 of them QQ 600m users

Taobao - is more than twice ebay and amazon combined - you can buy anything on Taobao

China's Singles Day is like the opposite of Valentines Day - you celebrate by buying things for yourself online

Singles Day was $5.7B = over $1B from phones.

JD (formerly 360buy) will deliver same day from thousands of things - 3 hour delivery

Alipay is about 1/3 of all chinese payments $1000B vs $180B for paypal

Weibo looks a lot like twitter, but I got 200,000 followers in 2 months

my entire social life in China revolves about Wechat - no phone, text or email.

Wechat has an instagram-like feature for photos too

DIDI is like the chinese version of Uber - but chinese addresses don't make sense so you record them instructions

most of the chinese taxi drivers bought smartphones so they can run the DiDI app

there are over 100 android app stores in china because google's app store is banned by the govt

taiwanese android devices can have the actual google app store, but not mainland one.

my job is to take Xiaomi's phones outside of china - we're starting in south-east asia

brady forrest:

I spend about a week a month in China, getting to know what startups need- and it's mostly more tools

The Arduino happened almost by accident- it was designed by an italian professor for his students, open sourced and spread

I run Highway1 because I believe that hardware is the future - we take startups to china to learn to manufacture

our first incubated compay, birdi, launched on indiegogo today: http://www.indiegogo.com/projects/birdi

hardware prototyping can be done easily now, raising dollars on kickstarter can be done, but shipping thousands is a dark art

Scale requires rigor - you need partners in Huaqiangbei - hardware flows like software

Bunny Hwang's http://circuitstickers.com/ was built on a field trip to china

Manufacturing informs your product- you can't just hit go on the 3D printer and have it work in the factory

Software matters - its what makes the product make sense and makes your users love you.

We're going to be inundated with connected gadgets that don't talk to each other. We need an OS for IoT

Big box retailers need to be made startup friendly - they currently demand too much inventory

applications are now open at angel.co/highway1

Mary Huang:

I'm wearing 3D printed shoes - this is a revolution as shoemaking hasn't changed in a century

there is a new 3D printer launched every week on kickstarter, and they're big enough to print shoes

any thermoplastic can be put into a 3D printer, which means many different possible materials for shoes

unlike a cellphone, you have to make sizes for shoes - 3D printing makes this easier

We don't sell printers, we sell shoes as they have more margin and more speed for fashion

it takes several hours to print a shoe, but we can just get more machines, and we can still turnround in a day

you can see the printer not making solid shoes but a subtle honeycombed interior space

we optimize the machine path file for a specific design, making it smoother and 25% faster

we can make different designs from a basic ballet flat by using images as bump maps to emboss them

we're going to make ready-to-wear 3D printed shoes, not just for the runway

we need slightly bigger printers for mens shoes, @brady