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“I found it slightly disrespectful
him going through the pitch deck
and making his own judgments”
“I found it slightly disrespectful
him going through the pitch deck
and making his own judgments”


        WTF Is Going On?
When Silicon Valley Went
      Hollywood
   And What It Means For You
Hollywood

The Other California Industry Cluster
Industry Cluster

    A geographic concentration of
interconnected businesses, suppliers
   and associated companies and
      institutions in a single field
Nickelodeons
1905 - Movies Go to the Masses




      Product consumed by millions
Movie Studios
    Thomas Edison in New York




• Formed a Patent monopoly for movie cameras and film
Hollywood – Escape From New York




   • Escape patent trolls/get great scenery
   • Become “the cluster” for film making
Narrative and Stars
1910 – Star Envy and Stories




  • Actors no longer anonymous
  • Became a brand
Hollywood – Gossip
Hollywood – Hangers On

• Pr agents/publicists         • Kids of the famous
• Damage control pr, lawyers   • Dog walkers
  to get out of jail           • Assistants, assistants of
• Party planners/brokers         assistants
• Lawyers                      • Old kid stars out of work
• Parents, boyhood friends     • Guild employees
• Ex pro players/security      • Journalists/bloggers
• Personal manager/handlers    • Failed models who tried
• Body trainers                  become actors
• Rich kid's investing         • "C" list actors, radio
                                 personalities
So What?
Technology – Defense and Silicon




     Of interest to other technologists
Silicon Valley Culture Wins




• Escape east coast culture/get great scenery
• Become “the cluster” for technology innovation
From Technology to
Computer Products




• Consumed by tens of millions
•Loved by a tech niche
• A tool for others
From Computer Products to
    Consumer Product




  • Consumed by hundreds of millions
  • Understood by everyone
Narrative and Stars
Star Envy and Stories




• CEO’s no longer anonymous
• Became a brand
So What?

  Our Time as Industry of
just Hard Workers is Over
Silicon Valley – Another Industry
        with a “Star Ecosystem”
• Gossip press
• Gatekeepers
• Herd effect in
  products
• Fad investing
• Poseurs
• Hangers-on
• Auteurs
• Hard workers
Valley Gossip
Why Do It?
•   Ego
•   Ego
•   Ego
•   Vanity Metrics
•   Attract talent
•   Get funding
•   Drive customer demand
Silicon Valley – No Longer Just
            “Those Who Do”

• Founders with “Ideas”   •   Rich kid's investing
• MBA’s who just need     •   Wanna-be Angels & VC’s
  coders                  •   Family of the famous
• PR agencies             •   Gossip bloggers
• Party planners          •   Conference junkies
• Lawyers                 •   Real Estate agents
• Patent Trolls           •   Parents, boyhood friends
Don’t Get Distracted by the Noise

• Build a great product
• Find customers who grab it out your hand
• Build something really big
Summary
•   We’ve gone from technical obscurity to Hollywood
•   Ecosystem now has more unproductive people
•   They think your job is easy
•   Recognize and Avoid them
•   Build something amazing

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When Silicon Valley went Hollywood

  • 1.
  • 2. “I found it slightly disrespectful him going through the pitch deck and making his own judgments”
  • 3. “I found it slightly disrespectful him going through the pitch deck and making his own judgments” WTF Is Going On?
  • 4. When Silicon Valley Went Hollywood And What It Means For You
  • 6. Industry Cluster A geographic concentration of interconnected businesses, suppliers and associated companies and institutions in a single field
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  • 8. Nickelodeons 1905 - Movies Go to the Masses Product consumed by millions
  • 9. Movie Studios Thomas Edison in New York • Formed a Patent monopoly for movie cameras and film
  • 10. Hollywood – Escape From New York • Escape patent trolls/get great scenery • Become “the cluster” for film making
  • 11. Narrative and Stars 1910 – Star Envy and Stories • Actors no longer anonymous • Became a brand
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  • 14. Hollywood – Hangers On • Pr agents/publicists • Kids of the famous • Damage control pr, lawyers • Dog walkers to get out of jail • Assistants, assistants of • Party planners/brokers assistants • Lawyers • Old kid stars out of work • Parents, boyhood friends • Guild employees • Ex pro players/security • Journalists/bloggers • Personal manager/handlers • Failed models who tried • Body trainers become actors • Rich kid's investing • "C" list actors, radio personalities
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  • 17. Technology – Defense and Silicon Of interest to other technologists
  • 18. Silicon Valley Culture Wins • Escape east coast culture/get great scenery • Become “the cluster” for technology innovation
  • 19. From Technology to Computer Products • Consumed by tens of millions •Loved by a tech niche • A tool for others
  • 20. From Computer Products to Consumer Product • Consumed by hundreds of millions • Understood by everyone
  • 21. Narrative and Stars Star Envy and Stories • CEO’s no longer anonymous • Became a brand
  • 22. So What? Our Time as Industry of just Hard Workers is Over
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  • 24. Silicon Valley – Another Industry with a “Star Ecosystem” • Gossip press • Gatekeepers • Herd effect in products • Fad investing • Poseurs • Hangers-on • Auteurs • Hard workers
  • 26. Why Do It? • Ego • Ego • Ego • Vanity Metrics • Attract talent • Get funding • Drive customer demand
  • 27. Silicon Valley – No Longer Just “Those Who Do” • Founders with “Ideas” • Rich kid's investing • MBA’s who just need • Wanna-be Angels & VC’s coders • Family of the famous • PR agencies • Gossip bloggers • Party planners • Conference junkies • Lawyers • Real Estate agents • Patent Trolls • Parents, boyhood friends
  • 28. Don’t Get Distracted by the Noise • Build a great product • Find customers who grab it out your hand • Build something really big
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  • 30. Summary • We’ve gone from technical obscurity to Hollywood • Ecosystem now has more unproductive people • They think your job is easy • Recognize and Avoid them • Build something amazing