August Capital Summer Party!!

A couple friends I met at the TechCrunch conference and I managed to get into the annual August Capital Summer Party. This was big. I was elated once we got in. August Capital is one of the most respected and prominent VC firms in the Silicon Valley and the party had some very big people attending. Not to mention the awesome gourmet food, and the drinks. Some of the highlights of the night - I shook hands and spoke to Guy Kawasaki for a couple minutes! It was beyond amazing. He's a really cool guy and very humble. I also got a chance to talk to Ron Conway, a prominent VC in the area, who was on his way out. I got both their business cards :)

I interacted with many others, some of whom were CEOs of their own startups, some VCs, and one who was a professor, Andreas Weigand, at Stanford doing data mining research. I also recognized some MIT alums by their class ring! One prominent person who was there that I didn't get a chance to meet was Paul Allen.

All-in-all, the event was a blast! I learned many things and had tons of fun.

TechCrunch Real-time Stream Event

A few days back (yes, I am a little behind on the blogging...) I had an opportunity to attend the TechCrunch Real-time Stream conference in Redwood City. The theme was the real-time web. And as usual, I volunteered my way in to avoid paying the $99 student price. This conference was spawned due the increasing popularity of many real-time web applications that are taking over our lives, namely Twitter among other things. I personally am not a huge Twitter fan, but it is gaining a huge following lately, with all the media attention in Iran, etc...


The real-time web does not revolve solely around Twitter however. Many startups are jumping at this opportunity to providing real-time data. Real-time search has attracted a whole slew of companies trying to dominate this niche. There are also a lot of startups like NetVibes and Seesmic which are trying to congregate all the real-time data from all the different social networks and showcase it in easy-to-use application. Over the course of the conference I would estimate hearing about 100 startup names, and those only represent the prominent ones in Silicon Valley. Who knows how many have actually entered this space. Ron Conway, a prominent venture capitalist who has been known to have invested in Google, PayPal, and other big successes has estimated the entire real-time web market to be worth about $5 billion.

My views: Unlike many, I do see a monetization opportunity here. However, I also see room for only a few prominent players, Twitter being one of them. Two reasons: First reason is that right now, I think real-time is vastly over-hyped with hundreds of startups in this space. This is going to produce a lot of clutter on the web, which I cannot imagine users handling. This in turn is going to reduce the hype and need of having real-time instant updates all the time, leaving room for only a few players to monetize this space sufficiently to stay in business.

Second reason is intellectual property. There is virtually no IP in this concept. I can see there being one in real-time search but that will converge with traditional search algorithms, which Google is leading. In other domains, the winners are going to be decided because of aggressive marketing, viral-ness of the software, and UI design. Users are not going to be switching between applications doing the same thing as that will be a hassle, so whoever gets them first will win.

All-in-all, I'm not too excited about this space, though I will be keeping tabs on how things progress.

Semantic Technology Conference 2009

Over the last two days, I spent my time at the Semantic Technology Conference 2009 in San Jose, CA. I was fortunate to be in the area and managed to get a free exhibit pass AND managed to get my manager to allow me to skip work. It was a fantastic opportunity to learn more about the emerging Semantic Web, network with the key visionaries in the area, and finally provide an answer to myself to a question that hasn't been clear lately: What value does the Semantic Web and related technologies provide to the end user in the short term and long term? I will try to provide a simple answer for now (as it is easy to get lost in the technical jargon out there): The world is becoming increasingly data-driven and your data is adding to this transformation. The Semantic Web is about making your data more valuable as this transformation to an information driven environment takes place. There it is. Simple.

I will be blogging more about my findings and thoughts in this area as time allows.

MIT/Stanford Venture Lab - Mobile Computing Event

Today, I tagged along with a good friend of mine at work to an event at Stanford University sponsored by the MIT/Stanford Venture Lab. We had just found about the event that very day and were disappointed to see it was sold out. But we went anyways and realized we could "volunteer" our way in. We signed up as volunteers and had access to a huge dinner and an event with valuable information and fantastic people! Our job was simply to collect and recycle all the plastic name tags at the end of the event. Not a bad deal.

It was related to the future of mobile computing from applications, mobile operating systems, hardware needs, and venture capital outlooks and business models -- http://www.vlab.org/article.html?aid=275. It was a great opportunity to network with developers, VCs, and some big corporate representatives including VP of Developer Marketing at Palm and Blackberry Director of Developer Relations at RIM. And not to mention the free food :)

I am looking forward to future VLAB events this summer!

I saw Ray Kurzweil live today!

So, a friend of mine, Chris Luna, told me today that he had an extra ticket to go see Ray Kurzweil live at Coolidge Corner, Boston. Kurzweil was going to give a sneak peek of his new and upcoming film, The Transcended Man, and also discuss a movie he is producing, The Singularity Is Near, based of his best-seller book with the same name. I grabbed this opportunity in a heartbeat! I have been a fan since I read The Singularity is Near back in high school. At the event, in addition to learning about his movie productions, I learned about several of his theories regarding what the future holds for mankind. His predictions for the future exponential trend of all information-based technologies and what kinds of amazing avenues these trends can lead to can seem farfetched at first. But if you actually look at his models, his track-record, it all surprisingly fits. His presentation is uploaded on the web at his website, KurzweilAI.net. I didn't get a chance to note down the exact URL though I wish that I did in retrospect. It was an amazing evening - the future is going to be very very exciting.

When is the last time I read a book, out of pleasure?

I was thinking today as I went to bed... I have been at MIT for just about a year now, and I cannot recall the last time I read a book for the sheer pleasure of learning something that caught my eye. I mean I often surf the web and absorb the latest technology and business news, but a book is a whole other medium through which, a different type of knowledge and information is conveyed. It is hard to describe. I just know that I miss that experience, which I enjoyed in high school. That being said, I think I am going to pay a visit to the library and check out some some titles which I have been hearing a lot about but never gotten to reading: Outliers by Malcolm Gladwell, The Art of War by Sun Tzu, maybe some biographies, anything that makes me curious. The next time I go to bed, I'll make sure I have something next to me to read for 20-30 mins (or even longer, depending on my interest versus sleep deprivation).

SUMA Venture Capitalist Roundtable

I am on the board of the Sloan Undergradute Management Association (SUMA) at MIT. I am organizing an event, the SUMA Venture Capitalist Roundtable, taking place on April 27th, at 7:00PM in Room 3-442 @ MIT. The goal of the event is to invite five venture capitalists from diverse industries and backgrounds to educate MIT students on the inner-workings of VC firms. Namely, this will involve educating MIT students on how a VC firm works, what are the different roles played by individuals in a VC firm, how firms value start-up opportunities, etc... The Roundtable discussion will also be followed by a brief networking session. For the entrepreneurs in the crowd, this is a great opportunity to network and ask for advice on taking your idea to the next level! The industries being represented at the Roundtable include IT, Energy, Cleantech, and Biotechnology. For the finance gurus, this is a fantastic opportunity to explore what it is like to work for a VC firm and potentially secure a job for the summer!

I would like to thank the following individuals for volunteering their time to come to MIT and educate MIT students about venture capitalism:

- Frank Andrasco, Partner, Egan Capital
- Graham Brooks, Senior Associate, 406 Ventures
- Gautam Gupta, Associate, General Catalyst
- Jhanavi Pathak, Business Associate, Romulus Capital
- Praveen Sahay, Managing Director, WAVE Equity Partners

I am eagerly looking forward to this event and encourage other students in the Cambridge area to come join us in room 3-442 @ MIT on April 27th, 7:00PM!

My Story with Powerset

Ever heard of Powerset? It is a private startup I have been following for several months now. It has come up with potentially disruptive search technology based on natural language processing. This basically means that their search engine has more advanced capabilities to actually unlock the meaning encoded in ordinary human language. This seems several steps ahead of mere keyword search which Google offers. In fact, recently Powerset launched a test drive of their search technology based on Wikipedia articles. Check it out at www.powerset.com.

Anyways, in addition to Powerset's technological innovations, its team has captured my interest as well, namely its Founder & CTO, Barney Pell. I have managed to schedule a meeting with him in mid-August 2008 to discuss the future of Powerset and any advice he has for students like me planning to enter the business & technology industry. Ever since, I have been counting down days to the meeting with great anticipation. I can't wait!!

And, TODAY, I learned something that seriously made me fall of my chair. Microsoft just acquired Powerset. Wow! A company that I have been following for months with excitement has, within a day, transformed from an independent self-sustaining entity to another division within the Microsoft Live Search team...though I can definitely see advantages of making this acquisition (the abundance of resources Live Search offers, for one) I am afraid that Powerset's dynamic start-up culture and independent thinking may be compromised in the process.

More fascinating to me, however, is how fast things can change in the world of business, especially in the business of technology where the tech governs the marketplace! I will continue to follow Powerset and am keen to see how it progresses from today onwards. Plus, this will provide me with interesting talking points with Mr. Pell in August :)

IPTV and Consumer-Controlled Advertising

Recently, I came across a video where I saw Vint Cerf, VP and Chief Internet Evangelist at Google, talk about the future of IPTV and consumer-controlled advertising. I was intrigued to learn what he had to say.



Essentially, the whole idea of consumers initiating the entire advertising experience and the technology automatically being there to facilitate consumer's curiosity about a product they see is something new. Today, we are bombarded with links, banners, and all sorts of ads that don't really apply to our lives. We have habitually learned to ignore them, so even when they MIGHT help us find what we are looking for, we subconsciously choose to ignore them based on past experience. So the first step is to make ads seem as either relevant or not-clutter in the eyes of consumers. Product placement achieves this by embedding the ads INTO what we consider "important" and as a result, the ads were no longer seen as mere clutter. This way, we don't simply ignore them. Cerf's insights go one step further: in addition to us not ignoring them, we will also see these product placement ads as reliable entry points into the consumer shopping realm. We will be able to take our initial reactions of "Oh that laptop is nice..." or "Cool mp3 player" to the next level by seeing the specs, price ranges, and customer reviews, etc... simply with a press of a button (or touch to the screen!) And the best part is WE will initiate the entire process, and in the future, technology will be set in place to facilitate this.

With technologies like TIVO and consumers simply fast-forwarding through ads in online videos, product placement is becoming more and more popular. Fusing this concept with the seamless touch-screen based human-computer interaction could completely change the way consumers interact with advertising.

Connecting Mind and Machine

I was browsing through the web today, and came across this fascinating article by Forbes.

[Link to article]

I genuinely believe this is the next big advancement in human computer interaction, impacting our day-to-day lives at a very large scale. As we immerse our lives with technology each day, there is a constantly growing need to make all the clutter more manageable and easier to use!

As a prospective for an Electrical Engr/Computer Sci and Brain/Cognitive Sci major combination at MIT, seeing this kind of exciting research being done in this area really inspires me to learn as much as I can about the field.

Presentation at Medicine Meets Virtual Reality 16 Conference, Long Beach, CA

Presenting at MMVR was an awesome experience. I got an opportunity to meet scientists, engineers, and business executives from all across the world and from different industries. In the process, I exchanged business cards, and collected numerous opinions and comments on my research. And of course, being the only high school student at the conference, I had to explain my personal story several times of how I ended up getting an opportunity to present at this conference.

More than showcasing my work, I enjoyed looking at neat stuff others had been working on. One particular project that was especially interesting was a new method to simulate blood clotting and bleeding in intensive surgeries. Simulating bleeding accurately has been a challenge for years and it was very exciting to observe the ‘particle’ method of simulating the same.

I loved the energetic atmosphere, the ecosystem of knowledge constantly being improved, and the warm reception I received, being a high school senior.

I had realized the future potential of virtual reality and digitizing the five human senses back in 2005, when I came across several online articles revolving around these issues. I remember it like it was yesterday. I was browsing through the Medicine Meets Virtual Reality (MMVR) 14 conference proceedings when I came across a name that continues to resonate in my mind today – Stanford University SUMMIT. Apparently, they seemed to have quite a popular showing at the annual MMVR conferences. Completely blown away with their work on surgical robotics and realizing that they had their research labs only a few miles away from my home, I reached out to them immediately and voiced my interests in implementing some ideas I had been entertaining in my mind.

Before I knew it, I was selected as a high school intern in February of 2007 and have been actively conducting research in augmented user-learning systems and surgical feedback interfaces since. I have just returned from Long Beach, CA where I presented my research at the same conference which originally plunged me into this adventure – Medicine Meets Virtual Reality 16.

I cannot wait till next year’s conference and am eagerly looking forward to it!

Google Is Great!

I am so excited to hear Google’s announcement yesterday inviting high schoolers like me to participate in this. See details here - http://code.google.com/opensource/ghop/2007-8/

Having self-learnt LAMP architecture during my 9th grade, I wish Google had initiated this contest three years back. Nevertheless, I am going to submit some very exciting stuff I’ve done recently.

Though I wish that Google gave rewards in the form of their stock rather than cash.

This is just awesome!

Children don’t have to die like this!!!

I am shocked to read today’s news about the death of a 11 month old baby in Oakland, CA who was left in his car seat for more than 10 hours. I understand the baby’s dad forgot to drop the baby at child care while on his way to work. My heart goes out to the family on this big loss.

What perturbs me even more on this accident is when I read that every year there are about 33 similar deaths in California alone. This is really appalling and something needs to be done urgently.

While I am not condoning what this baby’s dad do in this case, but the act of forgetting is too common among human beings across a wide variety of activities and ideally our systems should be designed accordingly to send suitable warnings in case of any acts like this – specially when there is a life at risk!. As an example, if my dad starts to drive a car without wearing a safety belt, there is an alarm warning in the car – because it is unsafe to drive otherwise.

Extending this logic further, I think the situations like the unfortunate death of this child could have been avoided if auto manufacturers develop a system whereby there is an alarm which rings when the safety belts for the child seat are engaged (which means child is on the seat) AND the engine of the car is switched off for more than 2 minutes. The alarm should ideally be of a special tone and loud enough to alert nearby persons of a potential danger to a child’s life.

I really wish auto companies do something like this or similar and save our children from these unfortunate accidents.