AlwaysOn First Morning... Joe Schoendorf: The Global Shift-Everything is Changing
Schoendorf is a parter at Accel Partners. While only one Silicon Valley, the world is gaining on us. Accel $2B invested. Going through a list of the companies that they have funded, showing the hits they have had. Persistence is the message in investing.
Lot going on all over the world. Direct feet on the ground. Disruption increasing.
Globalization will drive the next 40 years, as Moore’s law has driven the last 40 years.
Shift happens fast!
Gave talk the other day at a college, no one had ever heard of DEC.
1 in 4 workers in job less than a year.
Today’s college grad will have 10–14 jobs by the age of 38.
1 in 8 couples married in 2006 met on line.
Number one English speaking country in the world is China.
China has more honors students than we have students.
China graduates a whole silicon valley work of engineers each year.
Video will be the dominant way that we communicate. Shift from Gutenberg to YouTube.
One seeing is worth a thousand tellings…Chinese saying.
During talk, 575 people will be born in China, while -114 Russians in same period.
2 decades for first billion mobile phones, second billion in 1,400 days, and 3rd billion in 1,000 days.
More local phones in China than there are people in Europe.
65 million active sites on the web, 50,000 new each day.
E-Mail usage going up at 15% per year, if you are under 25, going down at the same rate.
Think Exponentially..
Our life…
Kilo, Mega, Giga, Tera
Our children
Peta, Exa, Zetta, Yotta
The top ten jobs in three year, will not have existed three years ago.
Amount of technical information is doubling every 24 months, and soon to be every 12 months.
Education
Four years your education will be obsolete
We must train students for jobs that don’t exist.
In six years, standard computer will be an Exa flop machine?
When Schoendorf graduated from school 60% of GDP from G7, today, from outside G7.
Do you need to go global before you get funded?
50 year trends
Economic domains become primary focus not nation states
Book to read..
John Naisbitt “Mindset”
What ‘s biggest mistake you have met?
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