Analog Thinking
Hi, Sorry for flooding:Forget about what we have written, let's go back to origin, I find following points are true and I am facinated by that:
1. Students and Alumni market: it's a very attractive market to address.
2. Knowledge networking: there got to be value for hidden knowledge among this hidden network. Think about hundreds of on campus event on all kinds of workshop, company presentations, alumni social. Many of them are of great value, such on ETL online, and today's "how to present to VC" workshop. Think again: so few people have the previllege to access them: that's not right!! Imagine, people from other school are aware of these event, they would most likely make their favorable choices. Hence, knowledge is HUGE, there is demand. What we talked before in our Executive Summery probably looked only at very limited knowledge. Or, we didn't even clarify the CONCRETE plan for such knowledge network, we only said: there are knowledge to be shared, not what they are, not how to share.
One example: how about Vedio workshop on Entreprenurship, on "One day at work in I-Bank", on "First day at Oxford" for overseas, etc. etc. How about put those content online for people to share? I am sure there will be corporate sponsor feeling the vibe...
Again, there are definetely things to be done in a much BETTER way to deliver information across the campus,state, national boundary for EDUCATIONAL purpose. We need to figur out One Solution
3. Dmitry was right, think about Google! They figure out one way to search online, money come later in a way founder never expected. Similar here, If we can make "knowledge sharing" for students more vivid, more instantaneous, more responsive, that is the Eureka moment!
Think again about Paypal: What is it anyway!! A "bored out of mind" way to exchange money! I don't think its founder had better GPA than our founder Yuhui, who has a Stanford 4.0 GPA! They are not smarter in my opinion. But they think hard, and dig deep. If I asked you 6 years ago: let's do something online so you can pay me back the lunch $5, you will laugh your ass off. But we know there are much more for people to change money than just paying back lunch money. So it flied!
In our cases, you don't know how the knowledge, information will be exchanged/traded, maybe only between students, maybe between schools, that will be bigger. Maybe between schools and corporations, that's even bigger...Will it fly? I don't know, but We got to try! I can gurantee you with my 30 years life that it will be exciting and interesting.
Think again EBay. How did they start? If you asked me, I really don't have much stuff to sell, and I don't care to sell my used stinking socks! But there are somebody else does, the Ebay founder is such. There are millions people in the world. That is what makes it interesting.
So, let's get on the ride, buckle up. It would be a fun journey.
Grant
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