Picture courtesy of Nokia
Nokia 770 is an internet tablet with wi-fi and has an Opera web
browser. As you can see it benefits from Nokia's excellent product
design. It runs Linux rather than Symbian. Now the downside,
according to early reports from some news sources the device has a
disappointing three-hour battery life, so it won't be replacing my
Treo just yet on that performance. The reports I have seen, blame the
WiFi facility for the poor battery life.
Its an interesting device a cross between a wireless PDA and an
internet appliance like 3Com's Audrey or Sony's eVilla of old. I hope
that Nokia does not give up at this first try, things are about to
get very interesting.
Valuations of startups in the online marketing/advertising sectors are going through the ceiling. Usually, private-company valuations tend to be 40 per cent below comparable public valuations, depending on the sector. Now, valuations of private companies are at a premium over the public valuations. [Ouch.]
Some startups in the online sector already have very healthy revenues and so they don't need investment capital. But the founders are taking money off the table by selling stakes to VCs. [Interesting to see such liquidity events because no IPO or sale of company was involved]
Many young startup companies are seeing fantastic revenues - but they can't collect what they are owed fast enough, so they are burning precious reserves between the time they invoice and when they get paid. The VCs can provide a float. For example, with a $5m monthly revenue it's typical to take 60 days to collect payment from large companies, so it needs a float of $10m, which VCs can provide.Foremski in his posting does not queston the supply-side factors in VCs that are driving these very different roles including the VC money glut.
Picture courtesy of PalmOne
I have a soft spot for Palm devices, I have owned a Palm of one sort or another for the past six years. I bought a Palm with my first bonus, back when the PR agency that I worked with was awash with telecoms and dot.com fees. Soon after buying my first Palm I got put on the Palm account. Despite having had Palm as a client, which means that you get to see the belly of the beast I am still happy (most of the time) to use their devices. I was curious to see the latest product concept.
The Life Drive is a portable hard drive and PDA with additional multimedia functions. The screen is clear, crisp and bright,easy-to-read and the look and feel is familiar to Palm users. The product design on the device resembles Sony's Clie range in a positive way, but the case is a bit thicker. The voice memo recording facility that was on the Tungsten T3 makes a welcome comeback.
Will I be spending my cash on getting one? Probably not, for 77GBP I can buy a 1GB SD card to move data around with, and go for a cheaper PalmOne model or a Treo instead.
In contrast the 4GB hard drive on the Life Device will look positively mean in 12 months. Flash memory is more conducive to a long battery life and allows you to pack a lot of data in a package truly svelte enough to to fit in a shirt pocket like my old Palm Vx of yore. With its pretensions towards multimedia a la the iPod, and being a portable storage device the LiveDrive is a world away from the 'Zen of Palm' and a technological jack-of-all-trades, but master of none.
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