Posts Tagged ‘entrepreneurship’
For those of you who are interested in the business and technology side of things, here’s an interesting 45-minute interview in which Digg founder Kevin Rose chats with Instagram founder Kevin Systrom:
They chat about Systrom’s growing up with computers, his time spent at Stanford, and landing an internship at a startup destined to be worth billions. This ultimately led to launching Instagram which is now 15 million users strong and one of the fastest growing social networks on the planet!
(via Laughing Squid)
Have an idea for a photo product and an entrepreneurial itch? PDN published an article this past week with three stories of people who successfully turned their ideas into products (and businesses). One of them is the story of Gary Fong and his Lightsphere:
Gary Fong, the former wedding photographer-turned-entrepreneur whose name has become synonymous with lighting accessories, says he got the idea to make his first photographic product, the Lightsphere, while flipping through an in-flight magazine. “There was an ad that said something like, ‘We make plastic parts for your ideas.’” It started him thinking about what he would like to make. What he wanted, he thought, was a large light diffuser, modeled on a lampshade. “Until then, diffusers were tiny. They sat on top of your flash and they didn’t do anything to the shape of the light. All they did was block the light coming through your flash.” He noticed that when he photographed indoors, light filtered through lampshades—which create a hot spot on the ceiling while diffusing the light on faces—produced pretty skin tones. “I thought, okay, I’ll make a big lampshade for electronic flash.”
Fong’s advice to fellow inventors? “All you need is the customers. It’s got to be a product that customers will buy. If they buy some, you know grandma will be packing boxes for you. If they buy waves of them, you’ll have grandma supervising some temps who pack the boxes until you find a distribution company.”
Here’s another nail in the fail coffin for the much-hyped but not-very-popular photo-sharing app Color: TechCrunch reports that Color received a staggering $200 million acquisition offer before it had even launched, but the company turned it down and raised $41 million in venture funding instead. Things haven’t been going so hot for Color since then, while Google saved itself $200 million and has a couple photo-sharing apps in development that are generating some buzz.
Image credit: Money Hand Holding Bankroll Girls February 08, 20117 by stevendepolo
PetaPixel: Can you tell quickly describe the Triggertrap for people who haven’t heard of it yet?
Haje Jan Kamps: Triggertrap is an universal camera trigger. It’s “universal”, because it’s designed to connect just about any trigger source to nearly any camera. Right now, we’re supporting more than a hundred camera models, but we’re adding new cameras to our Supported Cameras list all the time.
The device has a sound and light sensor built in, and it can do linear and non-linear time-lapses. I’m most excited about the auxiliary port, though, which enables users to connect nearly anything they want to the device. One reader suggested connecting it to the final buzzer they use at basketball games, to take a photo of the state of play just when the buzzer sounds — what a great idea!
Since we first covered its launch back in October 2010, Instagram has become one of the fastest growing photo-sharing companies and iPhone apps. This week founder Kevin Systrom announced that they now have 4.25 million registered users, and that users are posting 10 photos every second, or around 900,000 photos per day. Not bad for a seven month old service, eh?
P.S. Just for comparison’s sake, after 5 years Twitter has over 200 million members that post about 2,000 Tweets per second.
The mobile photo sharing space is hot right now, with services like Instagram, Picplz, and Path growing like weeds. A new contender called Color is causing some buzz after successfully raising a whopping $41 million… before even launching. The company has seven notable founders who have either started successful companies in the past (e.g. Lala and BillShrink) or have held executive positions at them (LinkedIn). Among the investors is Sequoia Capital, one of the most influential and successful firms in Silicon Valley and the firm that funded Google. They gave Color more than they gave Google.
The photo-sharing startup scene is getting hot, with social apps on mobile devices receiving quite a bit of money and attention lately. Instagram has hundreds of thousands of users now after just a month, and competitor PicPlz just raised a cool $5 million from the same VC firm that invested in Instagram.
Another app that’s receiving attention is PhotoRocket, which raised $1.3 shortly after going into private alpha last week. It simplifies photo sharing for the non-technically savvy by allowing people to broadcast photos to people and social networking services by right clicking photos on their computer and selecting to share. The short 30 second demo above gives you a glimpse into how the service works.