hello Michael hi David thank you very
much this was totally improvised so for
digital domination summit tell me what
your experience has been in dominating
the digital world in the past and how
you are doing it today right well I
think I my first big notable company was
mp3.com
and the opportunity of what I saw then
was up to that point music was not
online
there were music websites but they had
pictures of bands or 30-second clips and
I was like hey we have the internet now
we can put entire songs online move them
around and give people control and
access like they’ve never had before and
so that’s what we did at mp3.com and I
remember I put on this mp3 summit which
was a conference of all these early
adopters and literally invited into San
Diego and over Pizza discuss hey what
could the world look like
and I remember discussions about hey
would it be possible to have a music
player with no moving parts now it seems
almost comical today to discuss that but
back then we were all carrying those big
discman you know when you’re walking it
would bounce and skip and and so I
remember you know guys came up with
blueprints and my company icon was the
first company to sell commercially an
mp3 player of course today that’s you
know every phone is an mp3 player but
that’s what’s exciting to me is when you
have an industry that is not online and
then gets dragged online because when
that happens there’s an explosion of
consumer options and cost efficiencies
and and more functionality so what are
you busy with today because you’re doing
something very similar dragging a non
online industry into the digital world
right well I think that the the media
sector that is a laggard that isn’t on
the internet today in any meaningful way
is radio if you think about it you know
a TV newspaper my
books a lot of that is on the internet
but radio really isn’t and I would
challenge you to think about when was
last time you’re on Twitter or Facebook
and you saw a link that said you know
here’s a link to something I heard that
was great on radio you know it never
happens because radio is still in their
own constellation and hasn’t intersected
with that that giant internet and so
that’s what working on now I have a
company called da da da our dot FM and
it’s a DVR from Radio and what allows
you to do is record radio and listen
anytime you want just like a your DVR
your TV but what’s interesting here and
what this led us to was we had to create
an entire index of everything that’s on
radio every station every show every
broadcast schedule and now we’re
actually tracking for every single
station every song that’s on when it’s
on and it turns out that when you take
this massive amount of data on radio and
put it on the Internet magic happens now
for the first time consumers have a
level of control and access they’ve
never had before
just like you saw with you know mp3 or
with a void but companies like Skype or
my other company gizmo5 and so many
other industries so radio is my focus
right now what is your lesson to people
who want to be digital disruptors who
want to dominate in digital how can they
make steps forward with as clarity as
you have done in the past and really
make an impact whether in a new startup
or in their company that hasn’t totally
embraced the digital disruption well to
me what I look for is find an industry
that is an online yet that hasn’t made
that step that still is locked in the
analog world at some level because
here’s one of the key of businesses the
bigger the wave that easier it is to be
a success if you pick a little tiny to
use a surfing analogy because I’m from
saying
you know if you if you’re in a little
tiny way you have to paddle like hell to
try to get up enough speed to catch the
wave to ride it however if it’s a giant
wave you’ll need a little bit of
paddling to catch that wave and ride it
a very long time so I think one of the
keys that I’ve always looked for is find
big opportunities that are offline that
are going to move online that are in
that transition period because if you
can identify that you only have to be
kinda right with your idea or your
market size or whatever to have a big
wave compel you so to me you know it’s
it’s digital music it’s software its
apps telecom radio things like that
where there’s a big transition happening
that if you can play even a small role
in even if you know you’re a vice
president in a company somewhere it can still be a big material success okay
much this was totally improvised so for
digital domination summit tell me what
your experience has been in dominating
the digital world in the past and how
you are doing it today right well I
think I my first big notable company was
mp3.com
and the opportunity of what I saw then
was up to that point music was not
online
there were music websites but they had
pictures of bands or 30-second clips and
I was like hey we have the internet now
we can put entire songs online move them
around and give people control and
access like they’ve never had before and
so that’s what we did at mp3.com and I
remember I put on this mp3 summit which
was a conference of all these early
adopters and literally invited into San
Diego and over Pizza discuss hey what
could the world look like
and I remember discussions about hey
would it be possible to have a music
player with no moving parts now it seems
almost comical today to discuss that but
back then we were all carrying those big
discman you know when you’re walking it
would bounce and skip and and so I
remember you know guys came up with
blueprints and my company icon was the
first company to sell commercially an
mp3 player of course today that’s you
know every phone is an mp3 player but
that’s what’s exciting to me is when you
have an industry that is not online and
then gets dragged online because when
that happens there’s an explosion of
consumer options and cost efficiencies
and and more functionality so what are
you busy with today because you’re doing
something very similar dragging a non
online industry into the digital world
right well I think that the the media
sector that is a laggard that isn’t on
the internet today in any meaningful way
is radio if you think about it you know
a TV newspaper my
books a lot of that is on the internet
but radio really isn’t and I would
challenge you to think about when was
last time you’re on Twitter or Facebook
and you saw a link that said you know
here’s a link to something I heard that
was great on radio you know it never
happens because radio is still in their
own constellation and hasn’t intersected
with that that giant internet and so
that’s what working on now I have a
company called da da da our dot FM and
it’s a DVR from Radio and what allows
you to do is record radio and listen
anytime you want just like a your DVR
your TV but what’s interesting here and
what this led us to was we had to create
an entire index of everything that’s on
radio every station every show every
broadcast schedule and now we’re
actually tracking for every single
station every song that’s on when it’s
on and it turns out that when you take
this massive amount of data on radio and
put it on the Internet magic happens now
for the first time consumers have a
level of control and access they’ve
never had before
just like you saw with you know mp3 or
with a void but companies like Skype or
my other company gizmo5 and so many
other industries so radio is my focus
right now what is your lesson to people
who want to be digital disruptors who
want to dominate in digital how can they
make steps forward with as clarity as
you have done in the past and really
make an impact whether in a new startup
or in their company that hasn’t totally
embraced the digital disruption well to
me what I look for is find an industry
that is an online yet that hasn’t made
that step that still is locked in the
analog world at some level because
here’s one of the key of businesses the
bigger the wave that easier it is to be
a success if you pick a little tiny to
use a surfing analogy because I’m from
saying
you know if you if you’re in a little
tiny way you have to paddle like hell to
try to get up enough speed to catch the
wave to ride it however if it’s a giant
wave you’ll need a little bit of
paddling to catch that wave and ride it
a very long time so I think one of the
keys that I’ve always looked for is find
big opportunities that are offline that
are going to move online that are in
that transition period because if you
can identify that you only have to be
kinda right with your idea or your
market size or whatever to have a big
wave compel you so to me you know it’s
it’s digital music it’s software its
apps telecom radio things like that
where there’s a big transition happening
that if you can play even a small role
in even if you know you’re a vice
president in a company somewhere it can still be a big material success okay
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