K8 Keynote: The Personal Revolution

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The Personal Revolution

description

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

Transcript of K8 Keynote: The Personal Revolution

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The Personal Revolution

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Tools in the field

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Tools migrate to factories

City

of T

oron

to A

rchi

ves,

Jam

es C

olle

ctio

n

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Tools meet the assembly line

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20001986 1993

Fiber Optic Cable. Image courtesy: Karen_O’D

2007

Bandwidth

2,253petabytes

471peta281

peta

66,560 petabytes

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20001986 1993

Storage

2.6exabytes

54.5exabytes15.8

exabytes

2007

295 exabytes

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3x1011MIPS

20001986 1993

Computation

3x108

MIPS

4x109

MIPS

6.4x1012 MIPS

2007

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244

IBM 360

490

Apple II

70,000

Windows

Apple

900,000

Android

1M

The App Explosion

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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

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17 M2006

11 M2007

674 M2013

Tools in perspective

15.4 M1994

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Systems $

Database $

Office Productivity $

Texting $

Voicemail / IVR $

Video conferencing $

Tools become ~ free

2000 2013

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Recruiting $

Sales $

Promotion $

Marketing $

Fulfillment $

Customer Service $

2000 2013

Tools become ~ free

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The Center of the Personal Revolution

The Data Factory

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Labor

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Money

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Global

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Global microphone for content

11.7M+ Opinion leaders

23.6M CXO's/Owners/Partners

1.6M Directors at Fortune

1,000 companies

238MMembers on LinkedIn

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Arianna HuffingtonPresident & Editor-in-Chief at The Huffington Post

Jack WelchFounder of Jack Welch Management Institute 

Shinzo Abe Prime Minister of Japan

Jim KimPresident at The World Bank

Maria ShriverJournalist, Author & Activist

Bill GatesCo-chair of Bill & Melinda Gates Foundation

Maria Bartiromo Television Journalist at CNBC-TV

Jamie Dimon Chairman & CEO at JPMorgan Chase

Barack ObamaPresident of the United States

Richard BransonFounder at Virgin Group

UNPAID content contributors

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Sam TaylorPresident & Owner, TNT transportation

18% month over month growth40+ locations around the world

Expanded his business and hired more drivers thanks to Uber

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Laura BarnumCollege Student - University of San Francisco

35% month over month revenue growth

Worked 20-30 hours a week between classes and made over $20/hour

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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

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Jordan InsleyeBay Store owner

25 M sellers1.3 M sellers use eBay as a primary/

secondary source of income.

Major refurbished TV business

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King Arthur FlourA “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

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Michelle PhanYouTube L’ancome spokesperson4.6M subscribers

$4B paid by advertisers, up 60% in 2012 from 2011

>1M creators signed up

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2M sellers on 10 different marketplaces around the world

Brice HoskinMountain Boy Sled WorksSells more than 14K sleds a year using Amazon marketplaces

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1/4 of the top 100 best selling eBooks on Amazon.com were

independently published using KDP

Theresa RaganRejected by traditional publishersSold nearly 250,000 books for the Kindle

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Ben SilbermannPinterest Cofounder

3,000 consulting partners

1,800 technologists / ISVs

17M users in 9 months with fewer than 12 people

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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.

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DavidUses 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.

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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.

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Jodie Rosen

250,000 home improvement professionals build their brands and connect with homeowners

Started her own line of furniture after exposure from Houzz.

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Pura VidaShips 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 annually40K merchants on board

(* end of FY2012)

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Alex Schwartz

6.6M editor sessions400K monthly active

developers

Chief Scientist at Owlchemy LabsOne of several indie gaming studios enabled by Unity3D.

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SarahSeattle Landmark MugsNow sells them in Nordstrom. Quit her day job

$100M goods sold in July 20131M members joined in July 2013

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2,200,000 1,800,000 40,00080,000

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$43,868

1968 2012

$52,762

Median Household Income

* Inflation adjusted

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$10.70

1968 2013

$7.25

Minimum Wage

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GDP Growth 2002-2012

Source: The World Bank Figures in current USD

0%

5%

10%

15%

20%

China Indonesia India Brazil United States

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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

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The Personal Revolution explodes

Y! JapanRakuten

Tencent

BaiduAlibaba

360 BuyCtrip

Mail.ruYandex

Asos Naver

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The Personal Revolution