Kevin Chiu

1. Track Record - Your successes.
2. Proof of Concept - Your product.
3. Team - Your people.
4. Idea - Your vision.

… in that order.

Problem
In New York City, subways and buses are cheap, convenient, but not as plentiful as taxis.

Solution
Taxi drivers should organize and have routes, making a distributed bus-like system. People save money, taxis save gas, time, and make more money per trip.

It’s a win-win solution!

(I pitched this to a taxi driver today and told him to go do it.)

Microsoft just invested $240 million in Facebook for rights to be the sole advertiser on the social networking site. Microsoft’s 1.6 percent stake would put Facebook’s valuation at $15 billion, ignoring Microsoft’s expected profits from advertising, which I am sure must have been really high, or such a huge investment would not have been approved.

Via Business Week

Facebook is visiting Columbia tomorrow!

Update: And now they have my pizza-stained resume.

I’ve noticed an influx of people looking for my short paper on Procrastination. I would love to hear from you if you find it useful!

I was going to keep this idea a secret, but since it would most likely benefit the online community if I release this to the blogosphere, that is what I will do.

Online advertisement companies, Google et al., need to realize something about advertisement and social capital. Building up a readership involves being a trusted source of information that presents itself if a clear and concise way.

Ads are annoying, even if they are relevant. They trade the social capital a visitor has invested into your site into cold, hard cash.