2006 10
Japan: Low Security: I love it!
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I am in Japan. Japan is one of the most fair countries I know. By fair I mean the country with the most educated population and with the best income distribution. What happens when education is combined with fairness? Basically, a world of low security, as very few people are uneducated or needy enough to steal or vandalize. For example, I just arrived at the offices of a mid size technology corporation in Tokyo 15 minutes before the appointment time. Much to my surprise, the entrance to the building was open even though the doorman was not there yet. The elevator was open as well and took us to the right floor where our meeting was. When we arrived, the office was open and we went into the first conference room we found, where they had WiFi and I started this post while I waited.
While to many people this would be considered a security breach, my take of this incident is different. I see a world of low security combined with very low crime as a success of civilization. Obviously, this company -whose name I won´t disclose…to keep the secure…-believes that high security is more an inconvenience than a necessity. I wish we could live like that in other countries!
2006 3
Arab Europeans, Arab Americans
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Living in Europe we frequently read about the challenge of integrating Arab immigrants. In Europe we think of Arab Europeans as a low income group. Personally I don´t know if this perception is true but I to learned today from my friend Kaleil Isaza who started JumpTV that this is certainly not the case in the United States. Indeed the Arab American´s average income is higher than the average income of all Americans. Later at home I found this article on Arab American demographics that corroborates what Kaleil told me. JumpTV by the way is an interesting venture that brings TV over the internet to immigrant groups and is mainly focused on Arabic and Spanish speaking channels. For JumpTV it´s very important that immigrants be reasonably well off as internet tv requires a much greater investment than regular TV. As I read the Arab American Institute web site and how Arab Americans I wondered about the factors that led to the tremendous success of Arabs in America and if these could be replicated in Europe.
2006 1
Google Scholar and the Varsavskys
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I was born in Argentina. My background is German, Ukrainian, Polish and predictably Jewish. When I was growing up in Buenos Aires there were mainly two main kinds of Jews, the businessmen and the intelectuals. The Varsavskys were clearly on the intellectual camp. My father Carlos Varsavsky had a PhD from Harvard in astrophysics and he exemplified the Varsavsky type. Now while being an intellectual was and still is very prestigious there was no money in it. In America scientists struggle but are not poor. In Argentina they were then and they are now. Maybe this is why I grew up thinking that men does not live by science alone and decided to make a living out of investing in science rather than practicing it. This was not easy. My grandmother on my mother side, Ora Waisman, before she died in 1994 made me promise that I would get a PhD. I did go half way and in 1996 I became a professor of entrepreneurship at Instituto de Empresa and have been teaching in the fall ever since. But that is as far as I went with academia. I used to think I could get away with this. That my work was very relevant as evidenced by the enormous number of citations that Martin Varsavsky got at Google. But then Google came up with Google Scholar and there all the other Professor Varsavskys beat me by a great margin and rightly so. I am sorry Ora! I did what I could. I just LOVE starting businesses. I hope you understand. Entrepreneur first, scholar second.
2006 1
Biodiesel Cars, Hybrid Cars or Hydrogen Cars?
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My entrepreneurship efforts are in the field of Telecoms and the Internet where I founded Viatel, Jazztel, Ya.com, Einsteinet and now Fon. My investments however are in alternative energies. Together with partners I have built an 18MW wind farm that we are expanding in the process of expanding to 50MW and we are also in the process of asking permits for solar and wind energy for another aprox 150MW.
I invest in alternative energies for two main reasons, one is because I believe I can make money with them and two because I, like many others (but unfortunately not enough others), believe that burning fossil fuels is bad for the environment and bad for global peace. Today however I was presented with a potential investment in biodiesel and so far, while convinced that it can be a money maker, I have concluded that biodiesel production is not a sustainable and decided against the investment. Why? Mainly because in a world in which over a billion people go hungry how can we morally justify burning food to drive cars?
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2006 1
The True Test of Leadership
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I have been in business for 20 years. Lately I frequently run into former employees who have have become successful entrepreneurs. Indeed this morning I was cycling with a few of them and wondering why is it that I seem to be the last stop to entrepreneurship for so many corporate types. My answer is that, when I recruit, I look for candidates who will run with projects and get them done with little supervision. In many cases, I look for candidates who are better than me at their tasks and I am not afraid to delegate. Corporate executives come to me because they want to do what I do. They see companies that go from idea to global leaders, (Fon has now the largest wifi network in the world) in 6 months and they want to “learn the trick”.
Now my “trick”, I guess, is that they not only learn…they make it happen. And they make enough money through equity in my companies, that the next time they do it on their own, in some cases as much as $50 million. Some examples of very successful former employees now entrepreneurs: Alan Levy, Miguel Salis, Antonio Carro, Christoph Schmidt, Jon Berrojalbiz, Alvy Ibañez, Moises Israel, ex employees of Viatel, Jazztel, Ya.com. And this “learn and start my own” model, is not only true in the case of profit ventures. Rafael Rivera, a social entrepreneur, was one of the first employees of Educ.ar, a very large educational project started by my foundation, and then he went on to being one of the co founders of Red.es, a huge educational internet project in Spain. I once read in Forbes magazine that great leaders are the ones whose followers do well. I would slightly change that. I would say that great leaders are the ones whose followers do so well that they become leaders!
2006 22
Netvibes
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A few months ago I met Netvibes founder, Tariq Krim during Les Blogs. Not only was I fond of Tariq personally, but I also loved his website. It was at that time that Tariq became a FONero and a Advisory Board member in France. Now I have reciprocated. Yesterday, together with Pierre Chappaz, founder of Kelkoo and ex head of Yahoo Europe and Marc Andressen, founder of Netscape, Opsware and Ning (and to clarify – both Pierre and Marc are collaborators as well as investors in FON) I invested in Netvibes.
Netvibes already has more than a million users. Basically what Netvibes does is put together in one page all the blogs, information sources and other tools that you use regularly. The file that I include below is called OPML. It’s interesting because it shows my own personal page of all the information I look at regularly. As you will see, the majority are in English, some are in Spanish and in French. For me the interesting thing about sharing OPML archives is that they’re the best way to find out what kind of information other people are interested in. Of course in my own there are important sources and sites missing – it’s impossible to have them all – but I would welcome suggestions on additional information/sites that would be worth adding..
If you’ve read up to here and have not gained an understanding of Netvibes, I suggest you chat with friends who understand what RSS is and how Netvibes works. I recognize that it may not be for everyone.
2006 21
Netvibes
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I had a post concerning Netvibes that I was asked to delay posting until tomorrow. I apologize if there are any links to this post of comments.
2006 20
ArtParis at the Grand Palais
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Today I visited ArtParis. While not a fanatic I do collect art. ArtParis, like Arco in Madrid, is one of those large shows in which the world´s art galleries get together and show their latest acquisitions in the hope of selling some paintings. After watching the thousands of works brought by many galleries from around the world one thing stood up and that is how little artists or buyers of their work seem to care today about the problems of the world. The destruction of the planet, wars, poverty, sickness, were totally absent from the themes chosen by the artists represented at ArtParis. While art would be pretty unbearable if it ONLY focused on human failures. it is certainly running the risk of becoming irrelevant if none of it does. In any case here are some pictures of what I saw at the Grand Palais today. As I found most of the art boring I started taking pictures of the building itself, which is magnificent, and some people I liked.
2006 15
Dinner with President Clinton
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President Clinton is the person I admire the most in the world, it´s that simple. Readers of my blog and those close to me are well aware that I am rarely a fan of anyone in the true sense of the word, but when it comes to Clinton I cannot help but make the exception. Whilst in NY I was invited to attend a dinner in his honor. As usual I found the President´s views fascinating (a not to non American readers in America people call ex presidents…Presidents).
Now before I share the Presidents views with you I would like to remind you that I am not a journalist and that I did not take notes during dinner so some of my recollections maybe wrong. Still I believe that they are worth a try as they are original and challenging.
The dinner was held at the home of New York financier Marc Lasry who I thank for his kind invitation. The whole event consisted of two parts. The dinner itself during which approximately seven of us asked an array of questions to the President on current affairs; and an after dinner conversation in which I personally followed up on a number of issues. Here are my recollections, a brief summary of the three hour conversation.
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2006 10
Safe Democracy and 11M’s Second Anniversary
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In 2005, the Safe Democracy Foundation, which I manage and together with the Club de Madrid, organized the International Summit on Democracy, Terrorism and Security at the Palacio de Congresos in Madrid, Spain.
The results of this Summit can be found in our blog. For the second anniversary, we have decided to transform the contents of last year’s Summit – the materials are mainly focused on how democracies can efficiently combat terrorism without losing their democratic spirit – into a blog.
During the past few days, very interesting people have collaborated with us and published articles in the blog. I would like to invite all of you to read them. Some of these people include George Soros, Walid Salem, Giandomenico Picco, Javier Rupérez and others. Some of the articles are written in English, while others are written in Spanish.
Safe Democracy’s blog will remain open in 2006, and other important contributors will post articles about the strengthening of democracies and conflict resolution.