Which, you know, i can be a little revisionist and tell you its all because we were smart. But, some of it is because we had a lot of space. From gps to touchfinger technology, negroponte has for the most part accurately forecast what new thing was on the horizon in the digital world. Now hes suggesting well be able to ingest information just like we eat food. You should be able to swallow a pill and know english. Or swallow a pill and know about the french revolution. He had a decadeslong relationship with apples steve jobs, but has some pointed criticism for the company now. Apple, if you had to think of a company thats contributed zero to science and technology, its apple. Negroponte has funded dozens of startups, including wired magazine. I spoke to him in new york. Lets go back to the 80s with predictions that you had made about some basic things that have come to pass. And one of them was that things like the tv, which we didnt move around, got their signals over the air, and thi
100 years old and needed more business. So this is really the economy we see. When we look at the internet or look at the political challenges in the United States and all the issues and all the sniping, what we see is, when people selforganize, they use the internet to connect with each other and they work with each other. Then the economy works. Great. So i think people can envision transformation when it affects them and they have a hard time when it doesnt. People in d. C. Understand the transforming political effect of being able to raise money on line. In a recent conference, we had travis from uber. People can understand uber. The Maker Movement, many people in big servicesector cities like this have a hard time taking seriously why should the Maker Movement what is it and why should it be taken seriously . How many of you have heard of the home brew computer club. Great. So it was a group that met in the bay area in the 70s and it was a group of people who traded supplies and t
People in those communities with urban wood goods, for example, we have our sellers as they scale up. Theyre making money and doing well but also submitting orders to smaller manufacturers in their area, which is creating jobs. I really think everything we do is because it is based on that principle of fairness that i talked about, everything we do is intended to build a really healthy economy. And, again, is the mission about more fulfilling and lasting world, were not saying etsy is the place to sell more stuff. We want all of the mechanisms in the company to make the world better, not in the trite Silicon Valley make the world better, because i think that can be overused. But making things, selling things promoting community. Those are things that really do make the world better. In the work you do and the technology you put together, what is the part of it thats difficult that nobody from the outside fully appreciates . You know, every job has something thats harder than anybody on
And leads you to your phone . To your phone. Theyre very much linked together. I think theres a tremendous amount of linkage between the phone and watch that i think is going to be critical. We should talk for a second about tablets. So flipboard was essentially launched with the ipad. Whats really interesting is that ipad sales at least are falling. So in the last quarter, they , were down Something Like 12 from a year earlier. There are people now who are saying that in between the larger and larger smartphones, the tablets and the lighter and lighter laptops like the mac book airs. What is the purpose of a tablet computer . What is the purpose of an ipad . How do you see that . Well, tablets are still growing quite fast. They may not be growing as fast as they were a year ago. Part of that probably is due to the fact that you have some larger screens on phones now and phones are starting to become more like tablets. But also part of that is the tablet, from a form factor point of vi
Stuart im going to call snapchat a millennial company because it is 20 somethings who created it. They run it. They use it. Its worth 10 billion. Look at this. Coach, ralph lauren, smuckers, best buy, garmin are too worth 10 billion but you heard of all of them. Jolene kent is here to justify 10 billion on snapchat which hasnt yet i believe made a single dime. Justify. Im here to tell why you this may have happened, stuart. Whats interesting is you have cleiner perkins investing up to 20 million back in may. There may be another investor. A lot of serious interest in the potential monetization. Stuart serious interest. Potential monetization. Thats what we need to remember. Snapchat, i send a message to you on snapchat. You receive it and it disappears in 10 seconds. Its really fun. Im not an active snapchater, there are people who are older than millennial generation who are enjoying it. A good way to share. Stuart you think i in my geriatric years are going enjoy it. You have the pot