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The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...

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Investing @ USV. Student of cities and the internet.
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I spent most of this morning looking back through old posts about the Chandler Project and OSAF. I've thought about this a lot, due to the many parallels with my work at The Open Planning Project. For newcomers, those parallels are:
Massive funding from a visionary with a dream (in OSAF's case, Mitch Kapor, in TOPP's, Mark Gorton), where that dream may not always be perfectly articulated;
Rapid staffing around an open source project attempting to satisfy that dream (OSAF's Chandler to TOPP's OpenCore / OpenPlans CoActivate);
Due to both of the above, a propensity to expand scope and broaden the potential market(s).
Since Dreaming in Code (the book chronicling the story of Chandler and OSAF) was published in 2007, Kapor has stepped away from the project and pulled his funding
I spent most of this morning looking back through old posts about the Chandler Project and OSAF. I've thought about this a lot, due to the many parallels with my work at The Open Planning Project. For newcomers, those parallels are:
Massive funding from a visionary with a dream (in OSAF's case, Mitch Kapor, in TOPP's, Mark Gorton), where that dream may not always be perfectly articulated;
Rapid staffing around an open source project attempting to satisfy that dream (OSAF's Chandler to TOPP's OpenCore / OpenPlans CoActivate);
Due to both of the above, a propensity to expand scope and broaden the potential market(s).
Since Dreaming in Code (the book chronicling the story of Chandler and OSAF) was published in 2007, Kapor has stepped away from the project and pulled his funding
From Crypto-Native to Crypto-Enabled
I’m not one to make big annual predictions, but one thing that seems likely to me is that 2024 will mark the emergence of mainstream apps powered by ...

Bitcoin as Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes.Bitcoin at first was "weird internet money...

The Internet's Next Business Model: A Conversation with Cloudflare's Matthew Prince
I just released a new episode of The Slow Hunch with Matthew Prince, CEO and co-founder of Cloudflare. Since we invested in their Series C back in 2013, I've watched Matthew and his team build one of the most critical pieces of internet infrastructure—protecting and accelerating vast portions of global web traffic. Our conversation traces Matthew's journey from his early "slow hunch" that the internet was fundamentally broken and needed fixing. We start with his law school days in 2000, when ...
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a set of actual or potential customers
for a given set of products or services
who have a common set of needs or wants, and
who reference each other when making a buying decision
According to Moore, it's the last one that tends to hang people up -- it's not a market unless the members reference each other. In other words, you need to focus. In his "beachhead" (aka D-Day) strategy, he advises putting your full effort into your initial market segment, generalization be damned, and satisfying other users with what's left over. If there aren't any real constraints, create some. If embrace change was the mantra of the XP movement, and embrace constraints is the mantra for web 2.0 startups, then perhaps introduce constraints to create change should be the mantra for over-funded tech non-profits. Some constraints that are particularly relevant in this case are: target market (see above), team size, project scope and timelines, and if all else fails, funding. Granted, it is difficult (but not impossible, IMO) to introduce other constraints when funding is plentiful and reliable. Don't get too academic, OR, let the market drive your decisionmaking. This is perhaps just an extension of "constraints", above, but I think it's worth mentioning separately. Looking at the way Things (team of 2 devs) and OmniFocus (experienced sofware entrepreneurs) ate Chandler's lunch, it's clear that there was a failure in the product development process. While the Chandler team was debating database infrastructures and making endless product spec notes in their wiki, Things brought a simple, usable product to 1.0 in just over a year. They didn't have the luxury of lengthy debates; they needed to get something out there, get people using it, and get feedback. Since their 1.0 release in January 2009, they've steadily released relevant updates based on real feedback. Can you be market-based and constrained in an open source environment? I think so; it just required leadership and understanding of these factors. It could be argued that Chandler wasn't able to implement these kinds of changes because of its open source nature and collaborative process, but I believe that it's possible (and this has been clearly demonstrated) to maintain market focus and constraints in an open source project. So, now that we've got that straightened out, it should be smooth sailing, right?
a set of actual or potential customers
for a given set of products or services
who have a common set of needs or wants, and
who reference each other when making a buying decision
According to Moore, it's the last one that tends to hang people up -- it's not a market unless the members reference each other. In other words, you need to focus. In his "beachhead" (aka D-Day) strategy, he advises putting your full effort into your initial market segment, generalization be damned, and satisfying other users with what's left over. If there aren't any real constraints, create some. If embrace change was the mantra of the XP movement, and embrace constraints is the mantra for web 2.0 startups, then perhaps introduce constraints to create change should be the mantra for over-funded tech non-profits. Some constraints that are particularly relevant in this case are: target market (see above), team size, project scope and timelines, and if all else fails, funding. Granted, it is difficult (but not impossible, IMO) to introduce other constraints when funding is plentiful and reliable. Don't get too academic, OR, let the market drive your decisionmaking. This is perhaps just an extension of "constraints", above, but I think it's worth mentioning separately. Looking at the way Things (team of 2 devs) and OmniFocus (experienced sofware entrepreneurs) ate Chandler's lunch, it's clear that there was a failure in the product development process. While the Chandler team was debating database infrastructures and making endless product spec notes in their wiki, Things brought a simple, usable product to 1.0 in just over a year. They didn't have the luxury of lengthy debates; they needed to get something out there, get people using it, and get feedback. Since their 1.0 release in January 2009, they've steadily released relevant updates based on real feedback. Can you be market-based and constrained in an open source environment? I think so; it just required leadership and understanding of these factors. It could be argued that Chandler wasn't able to implement these kinds of changes because of its open source nature and collaborative process, but I believe that it's possible (and this has been clearly demonstrated) to maintain market focus and constraints in an open source project. So, now that we've got that straightened out, it should be smooth sailing, right?
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