New Golden Age for Outside-the-Box Startups? 144
jg21 writes "A brief essay on the SOA Web Services Journal claims there is a new phenomenon among startups, the 'momentary enterprise'. The article defines the term as a business that 'takes advantage of an opportunity that may only exist for months'. The piece claims that we're entering a golden age of technologies that can be glued together to create new types of information that fill an identifiable need. On example given is VOware like Groove, which is likened to IM on steroids. From the article: 'The ingredients for another wave of new companies are all around us - pervasively all around us. They include new wireless extensions of the wired network and the further exportation of technologies such as XML.' Intriguingly optimistic."
Didnt we have this already? (Score:4, Insightful)
Re:Didnt we have this already? (Score:3, Insightful)
I wish (Score:4, Insightful)
That's a large part of what these sorts of people are on about - working better within _and_ between companies - though I really don't know if they have anything interesting beyond hot air to offer. Anything that gives the customers at work a moron-proof interface to send us documents that DOESN'T involve email gets my vote.
Re:I wish (Score:2)
Unfortunately it isn't secure...
The moment Windows fixes its filesystem API so that you don't have to be a master of Windows kernel internals - only of your filesystem - is the moment that this will be easy.
And Exchange will die horribly like it should have five years ago.
Re:I wish (Score:2)
The problem is that experience has shown me that FTP is, in fact, not idiot proof. Even with shell integration in WinXP and Mac OS X, and a document with lots of detailed screenshots, clients just *can't* *do* *it* and will
Conference calls (Score:1)
"The productiveness of a conference call definitely suffers because multitasking participants are only __slightly__ paying attention."
Wow - who did they ask this question?
Isn't participation in conf calls a bit like presence on the corporate IM system?
Online and therefore must be working?
Re:Conference calls (Score:4, Insightful)
conference calls are a waste of time now days because they are overused and nothing productive is done with them anymore.
Re:Conference calls (Score:3, Insightful)
Re:Conference calls (Score:2)
Re:Conference calls (Score:2)
Seriously, like most meetings, calls are incredibly inefficient. There's a few rules to follow for efficient meetings- just because they're over the phone doesn't mean they don't apply anymore.
That's why if there is no agenda, I'll just refuse to attend. Otherwise, good facilitation is everyone's responsibility. Some interventions can be useful:
"What needs to be done about this item?"
"I'm happy with both solutio
Re:Conference calls (Score:2, Interesting)
As a traveling consultant, I spend a lot of time on calls, and I can tell you that there are a lot of calls that just distract me and
Re:Conference calls (Score:2)
They asked *you*! Weren't you paying attention?
Blah blah blah corporatespeak blah blah blah (Score:5, Insightful)
Can we have a translation to English, please?
Re:Blah blah blah corporatespeak blah blah blah (Score:2, Funny)
Re:Blah blah blah corporatespeak blah blah blah (Score:1)
Re:Blah blah blah corporatespeak blah blah blah (Score:2)
Re:Blah blah blah corporatespeak blah blah blah (Score:2)
Re:Blah blah blah corporatespeak blah blah blah (Score:2)
Re:Blah blah blah corporatespeak blah blah blah (Score:5, Funny)
--- begin of translation ---
--- end of translation ---
Hope this helps.
It's the new anti-dupe strategy (Score:2)
Translation (Score:4, Insightful)
Re:Blah blah blah corporatespeak blah blah blah (Score:1)
In the Queen's English, the correct response to such as statement is "You're full of bollocks".
Re:Blah blah blah corporatespeak blah blah blah (Score:1)
Re:Blah blah blah corporatespeak blah blah blah (Score:3, Funny)
Web Economy Bullshit Generator [dack.com]
Re:Blah blah blah corporatespeak blah blah blah (Score:3, Interesting)
If you're providing eg an online calendar sharing tool, your business should consist of (1) the application developers (2) the people (person) marketing & selling the tool and collecting the income. Develop it once, sell it for a year, then stop.
Any business that's in it for the long haul will inevitably build up all the admin overhead of HR, ISO-9001 teams, canteen
Re:Blah blah blah corporatespeak blah blah blah (Score:2)
I think you mean, until it can read mail [wikipedia.org].
Re:Blah blah blah corporatespeak blah blah blah (Score:2)
He means "business service delivery via B2B integration"
Companies generally only support B2B E-commerce - buying and selling items and services online. He talking of _delivering_ business services using B2B standards that make tight integration easier.
So, where earlier you had SAP CRM, no
Re:Blah blah blah corporatespeak blah blah blah (Score:2)
No problem. They are simply saying that by pro-actively leveraging the synchronicity of a paradigm-shifting product
line and building a reliable logistical capability in cooperation with an responsive
amalgam of industry professionals those startups can be enable a superior win-win scenario
with competitive advantage on the diversified but fragmented market of solutions.
Clear enough?
Grand (Score:5, Insightful)
Well, I guess that's an improvement over the last bubble: Those guys didn't have a plan beyond getting the VC.
Re:Grand (Score:3, Interesting)
It was to have their company bought out by Yahoo and become instant billionaires.
The plan this time seems to actually create a working company and then watch it go bust within a year.
Re:Grand (Score:2, Insightful)
Re:Grand (Score:2)
I suppose that works if you're the one grabbing the cash. It would seem that the speed of Economic Darwiniam Evolution just increased.
Tech (Score:2)
XML technology is so amazing (Score:5, Funny)
I predict this XML technology will soon take over the internets.
Re:XML technology is so amazing (Score:2)
It already has. Heard of the "HTML" virus?
Re:XML technology is so amazing (Score:3, Interesting)
Thankyou (Score:2)
Re:Thankyou (Score:2)
I believe they are consistent here. UCS is a set of Unicode characters as abstract codes, and UTFs are representations of those characters with actual byte streams. There is no such thing, officially, as UCS-2 "encoding".
I love the department name (Score:5, Interesting)
The bit in the article about how XML will solve all our data interchange problems is particularly curious. C'mon, it's just text files with a bunch of angle brackets, when it gets right down to it.
Re:I love the department name (Score:4, Insightful)
I'm currently working on some integration issues. XML/SOAP is a whole lot simpler than the way it used to be. Sure, you still have to map the fields and make sure the data are compatible, but having the interface well defined, the protocol well defined makes it a helluva lot easier to do "many-to-many" integration, whereas before everything was custom built to make one system fit another.
Re:I love the department name (Score:1)
You could also say something similar about all the source code for Linux, or any other program. It's just text files. And programmers, they're just typists, really. I think you're kind of understating things a little.
The beauty of XML is how useful it is in light of it's simplicity. Something doesn't always have to be complicated to be ingenious.
Re:I love the department name (Score:3, Informative)
Really, the problem many people have had with XML is that the tools aren't always up to par. But new ways of doing things come around to fix things, such as pull parsers [xml.com], which simplifies XML parsing without having to resort to regular expression tricks like Tim Bray was talking about in XML Is Too Hard For Programmers [tbray.org].
Eric
HTTP header viewer [ericgiguere.com]
Re:I love the department name (Score:2, Interesting)
The sense I get though, is that some think you can just sprinkle XML on your system and voila, data flies around seamlessly! XML can get you toward that goal, but you still have to decide what goes inside all thos
Re:I love the department name (Score:2)
So the next big thing will be... Appleworks* for my Apple IIe?
*which originally used bracketed functions for document formatting long before HTML or this wiz-bang XML you speak of.
Re:I love the department name (Score:2)
Hey! Those text files have feelings, you insensitive clod.
Re:I love the department name (Score:2)
Nah. This is the foam after the bubble popped.
erm, huh? (Score:2, Insightful)
Who's going to purchase an IT solution from a business that admittedly is only going to be around for several more months?
Re:erm, huh? (Score:2)
Welcome to 2005! (Score:2)
I mean, have a look at the website VOware [virtualoff...ftware.com] have, it looks like it's from the 80s
Re:Welcome to 2005! (Score:3, Insightful)
Re:Welcome to 2005! (Score:2, Funny)
Re:Welcome to 2005! (Score:2)
Nothing to see here (Score:2)
"Advances in image-processing algorithms now enable computing networks to actually understand scenes."
and
"It is now trivial to litter an environment with video-capture devices because the costs and wiring complexity have been nearly eliminated."
Suggest that the overall content may not be of very high value
Re:Nothing to see here (Score:2)
Makes me glad I didn't RTFA.
Re:Nothing to see here (Score:1)
Great! (Score:2)
Can I short these guys on the day of the IPO?
Not another "new" economy. (Score:5, Informative)
I'm a student of economics, and I can say with authority that this kind of market trend is not one we want to gravitate toward.
Such short term viability of a firm or product detracts from economic stability and societal welfare.
A firm which does this kind of work can't take advantage of economics of scale for it's market, meaning higher costs for producing a good or service which will not be demanded in the long term.
Even if there are strong IP protections, such short term niches would not provide compensation for a large development effort.
Would you want to be employed by a firm whose products were projected to be worthless by year's end?
The article speaks of "reconfiguring, lego like" to pursue the next momentary opportunity, but that creates tremendous uncertainty and volitility.
on that one I ask:
-How would you behave with your money if you weren't sure the next "opportunity", or 2, or 3, or 4, that your small business pursued woud gain you a profit?
(i know in such uncertainty i would spend less, and if the population collectively spends less then recession takes hold, making the uncertainty a self fulfilling prophecy).
-How comfortable would you be investing your retirement or college fund in stocks or even bonds for a firm which behaved like this?
(It's not the kind of sector in which you can expect a career/pay stable enough to raise a family, i'll tell you that one.)
I think it would be an economic nightmare if this were to become predominant business practice, but I'm happy that most managers would never sanely consider such a strategy as their primary business plan (if i did, i'd be in constant fear of being fired by the directors during a time when my prediction as to what the "new momentary market" was).
Re:Not another "new" economy. (Score:2)
Your study of economics does not give you the right to speak for what "we" want.
The market is not something that will avoid certain business scenarios so that you may avoid living in constant fear. This thing called "capitalism" does not have feelings, nor does it care what you feel. If you haven't felt that fear yet, you've been blissfully insulated from the market realities the va
Re:Not another "new" economy. (Score:2)
I think we already have similar types of businesses, I call them "fad businesses". Currently the cell phone market is full of fad businesses -- small retail outlets which exist as franchises for the carriers. There are also smaller fad businesses which market 'phone holsters', changable faceplates, extra batteries and other novelties. They'll eventually die off and be replaced with whatever the next fad
Re:Not another "new" economy. (Score:3, Funny)
Only if they pay 100K per year and give good references.
Re:Not another "new" economy. (Score:2)
Depends on the money. If the pay is good (and the checks clear), I don't have a problem. Plus, it isn't such an alien idea. For example, I doubt many clothes or shoe styles last more than a few months. A clothing retailer is constantly introducing new designs and throwing away old ones. Now if everyone were to suddenly adopt a few month horizon, that would be silly. But again, that has happened with some o
Re:Not another "new" economy. (Score:2)
I imagine the overhead of managing the "Lego-like reconfiguring" would be HUGE... in addition to the company just trying to get its REAL work done. Companies grew large to improve their efficiency. Ironically, people now see big companies as great examples of inefficiency. After some ups and down, the end result will be a little of both and somewhere in the middle.
Re:Not another "new" economy. (Score:2)
Doesn't matter. We're approaching the singularity, and the closer we get the shorter the "idea/implementation/successor" cycle gets. So right now, companies can expect to profit from an idea for a year. A couple years from now, that cycle will only be 6 months, possibly less.
Ray Kurzweil has a graph (not on this page, [kurzweilai.net] but similar graphs appear and I'm too lazy to find what I saw a year ago), show
I stopped reading (Score:2)
BTW, IAAE.
Re:Not another "new" economy. (Score:2)
Actually... No, you can't.
But who do we sue? (Score:5, Interesting)
I suppose you can go after the principals, but if most of the money came from (and went to) a set of legally-insulated investors (e.g., in an LLC), then the managers of the company won't be the deep pockets that lawyers love. Can a dissolved entity be reconstituted (and money taken back from investors) if that company is later found liable for something?
Re:But who do we sue? (Score:2)
Hell, a few days is likely, and it'll get worse (or better), as in this bit from Charles Stross's Accelerando [accelerando.org]:
Re:But who do we sue? (Score:3, Informative)
The whole point of LLC is to protect investors from the illegal actions (and consequences thereof) of the companies in which they invest.
Let's take everyone's favorite whipping boy Enron for example. Imagine the outrage/chaos if every Enron investor became criminally/financially liable for the illegal actions of the company? If that were the case, NOBODY would want to invest,
But do LLC's protect investors forever? (Score:2)
This is true. The investors enjoy limited liability, but not zero liability. Investors can lose 100% the money they put into a venture (but nothing more than that). The question is: can legal proceedings on a dissolved LLC (or one that distributed significant amounts of capital back to the investors) force a recall of that invested/distributed money?
IANAL, but I won
Re:But who do we sue? (Score:2)
Owners want to expand their wealth. They can ONLY do this by investing. Hence they MUST invest.
So it doesn't matter about sentiments like "ooooh, I don't like being held responsible!". (Of course, it DOES matter if you're an elite scumbag and think that laws and morality just don't fucking apply to you.)
Humans have invested s
Re:But who do we sue? (Score:2)
Let's say somebody sues (an easy target here) R.J. Reynolds and winds a judgement that far surpasses the company's assets. In your world (and correct me if I'm wrong) everyone who invested in the company, including other companies and fund brokerages, should be held financially responsible for the balance?
Or another example. Random Company A goes bankrupt, and has millions of dollars in debt. You would go after the company's investors to cover that debt?
Under such a system, wh
Re:But who do we sue? (Score:2)
For the same reason that people convince themselves that gambling is a good idea: because the potential rewards outweigh the risks.
Do you think gambling should be risk-free? After all, that's what investing is.
Perhaps under such a system, investors would be more cautious with their money, and stupid fucking idiotic ideas like "we'll lose money on every transaction... but make it up in volume!" would n
Re:But who do we sue? (Score:2)
I believe that removing accountability from corporations is one of the primary reasons they behave like sociopaths these days (i.e., only greed matters).
I agree with you that investing is currently similar to gambling, in that you only risk what you put in (unless you short a stock, or sell options). However, I don't think I should be able to set up a "hit shop" and have my
Re:But who do we sue? (Score:2)
You want to OWN profits? That's what stockholders have always wanted. Well, you also have to accept responsibility for LOSSES.
I've already explained that investors ARE investors since they want to grow their wealth. Since they MUST invest, they really have to accept the idea that they ar
Y'know... (Score:5, Insightful)
But I'm thinking Zonk got taken on this one. That VOware link is informative, why?
Re:Y'know... (Score:2)
Hi! BIG BUSINESS DEAL NOW!!!111 (Score:3, Funny)
I await your business proposal, please send accurate paperwork so that we can leverage the moment and exchange funds in this great enterprise 2 enterprise opportunity.
Vice-Prince Mike Okelewa, the 2nd.
Re:Hi! BIG BUSINESS DEAL NOW!!!111 (Score:2)
Re:Hi! BIG BUSINESS DEAL NOW!!!111 (Score:2)
You'd have to slip a couple of "busines" and "oportunity" here and there.
Boom and bust (Score:2)
trouble keeping up? (Score:1)
Start your company now! (Score:5, Funny)
Re:Start your company now! (Score:2)
Re:Start your company now! (Score:2)
What About Patents? (Score:2)
Of course, maybe you can rake in the cash in solving that acute problem for a few months, close up shop and get out of Dodge before the lawsuits do much harm. Put the money overseas in a non-patent-litigious society's banks and kick back?
Re:What About Patents? (Score:2)
Many people have dumped from a great height on this, but in essence it probably right. Most businesses, even the 'long' lasting ones, are essentially only their immediate product. By not growing a huge hierarchy a business setup and limited around that one product is probably going to be best and more efficient than a typical business model. Nothing says you can't
This is crap (Score:3, Insightful)
What makes every company (and especially IT companies) expensive to start?
EMPLOYEES
It's hard to get good people and after you get them together you will spent by far the biggest part of your budget on their salaries.
And my guess is that this will always be the case. People want a salary, no matter how many nifty 'Hybrid PDA's' you throw at them.
Every VC will laugh his ass of if he reads this article. It's a load of bull that makes my stomach turn.
Re:This is crap (Score:2)
EMPLOYEES
Then why don't those companies hire people right out of college and maybe get some employee loyaltee while saving some money instead of hiring the latest guru who who costs 50% of the companies budget and will end up leaving for Google in 5 months.
I think the biggest problem with many companies is their aversion to hiring people right out of college.
New Old Things (Score:3, Informative)
Actually, Tom Peters dealt with the concept extensively in his 1993 book, Liberation Management. [amazon.com] While it's certainly pre-momentary business technology in some respects, it does a good job addressing the higher-level conceptual issues associated with this business construct. One example referred to was Peter's video publication business that existed for about a month and included experts from numerous fields who came together to create a business exclusively for the production of the video, and then disbanded and went onto other projects.
*scoove*
You know you're getting old when the new things aren't.
From the title... (Score:2, Funny)
Slow Tuesday Night (Score:2)
Fortunately for wannabe startups, R.A. Lafferty already covered the details in 'Slow Tuesday Night', where a typical entrepreneur can go from rags to riches 3, 4 times in one evening. Instant (POD) publishing, channels for quick creation and distribution, even rapid divorces, a lot of the stuff we use today.
Of course, that was in 1966.
There definitely IS a downside to lining up VC $ (Score:2)
I know. I was employee # 6 at a 1996 start up that met its first VC over a year earlier...and lost out in the end to Vermeer [which got bought and became Front Page" because we were on hold for a very precious year. You have any idea of the difference between ge
Life Imitates Art? (Score:2, Insightful)
Re:Life Imitates Art? (Score:2)
Ooooo.... (Score:3, Funny)
I'm so anxious to work for a compnay that has to get all its cash from revenue right away, then folds in 4 months. Will the next "visionary" please step forward? No, the stick is perfectly harmless. Step closer, it's OK...
somthin' fishy here (Score:2)
Real Journal Article (Score:3, Informative)
Thank you, Barry! (Score:2)
This is a corporation? (Score:2)
I've heard of this sort of business before. I believe the colloquial term is 'fly-by-night'.
You Young Kids (Score:5, Funny)
In my day all we had was "Turbo."
My parents had to settle for "o-matic".