News Panel with Keith Richman and Paige Craig #207

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In a week packed with news, what did panelists Keith Richman of Break Media and Paige Craig of BetterWorks tackle first? Was it the SOPA legislation, the shake-ups at AOL, Facebook's allegedly impending IPO? You'll have to watch to find out!

0:00-1:00 Welcome to the TWiST News Roundtable Panel!
1:00-4:00 With us today are Paige Craig, CEO of BetterWorks, and Keith Richman, CEO of Break Media.
4:00-6:45 Thank you to SurveyMonkey for sponsoring the show. Go to try.surveymonkey.com/twist for a free account!
6:45-10:30 First story: the launch of the Amazon Kindle Fire. Will the lower price tag be enough to draw people who want a consumption device? Keith, you have one, what do you think?
10:30-11:30 Keith- Whoever is buying the Kindle is not the user that is going to jailbreak it.
11:30-15:30 Jason: The Fire isn’t better than the iPad, but it’s a viable competitor. It will outsell the iPad two-to-one in the next year
15:30-16:00 Keith: Retailers would subsidize the cost of DVDs to increase sales and beat higher-priced competitors.
16:00-17:45 Next story: senior Zynga director Owen Van Natta has resigned. What do you make of this happening so close to the big IPO?
17:45-19:45 Paige: Would anyone by choice leave that many stock shares on the table?
19:45-20:45 Keith, how do you as an entrepreneur deal with this issue? What if it’s a friend?
20:45-25:45 Jason: The bigger Zynga issue is that there are rumors that Pincus has asked people to leave who were no longer providing value. Paige, what do you think?
25:45-28:15 Thank you to MailChimp for sponsoring the show! Everyone tweet a thank you to @MailChimp!
28:15-32:30 Next story: Brad Garlinghouse of AOL is leaving the company. What do you think this says for AOL? And is it a bad idea to let a sales person run the business?
32:30-34:00 Sarah Lacy and Heather Harde have also left AOL. Will this have a significant impact on the company?
34:00-38:30 Next story: Congress has been hearing arguments for a bill called the Stop Online Piracy Act. Major companies like Tumblr, Mozilla and 4Chan have publicly come out in opposition of the bill. Do you think there’s a chance that this will pass? Why isn’t there a more powerful defense?
38:30-40:15 Keith: We need a fundamental re-thinking of how media is distributed and laws like this are just a road block to that progress.
40:15-42:00 Jason: Don’t you think that the music industry could just lower their overhead and still be wildly profitable businesses?
42:00-43:30 Next story: Google launched a music store this week poised to compete with Apple’s music offerings on iTunes. Is this going to be a real challenger?
43:30-46:00 Keith, did you say no to a deal with YouTube?
46:00-47:15 Keith: I think that more people coming to the Web is just a boon for everyone.
47:15-50:30 Next story: Foursquare.com has been reimagined as a destination site, complete with time-sensitize recommendations. Are websites becoming sexy again? Will this gain traction?
50:30-51:30 Paige, what’s your take on the Occupy Wall Street movement?
51:30-53;30 Next story: Yelp has filed for an IPO at a $2B valuation. How will their stock fare?
53:30-56:00 Keith: Yelp should go at $10B, it’s undervalued.
56:00-59:15 Next story: Facebook is also reportedly on the verge of filing for their IPO. Do you believe this rumor?
59:15-1:04:15 Keith, Paige, thoughts on the IPO?
1:04:15-1:06:00 Keith, what are the decisions a founder needs to make when deciding between going public or staying private?
1:06:00-1:08:30 Paige, how does the IPO market impact a new company like yours?
1:08:30-1:11:00 Last story: Microsoft is rumored to be starting their own social network called Socl. Should we take this seriously?
1:11:00-1:11:30 Keith: I would like to see Microsoft release something more like a Yammer across all office products.
1:11:30-1:12:30 Jason: Does anyone remember Microsoft’s Bob?
1:12:30-1:15:00 Paige: Does anyone think physical keys are going to go away in the next five years? Will someone please build a way to digitally replicate keys?
1:15:00-1:18:00 Jason: I’d highly recommend that everyone check out Ranker.com. And Paige, I’m glad to hear that BetterWorks is doing so well. Keith, congrats on Break Media. If someone is an amazing developer, email krichman@break.com.
1:18:00-1:19:00 Thank you to SurveyMonkey and MailChimp! Everyone tweet them thanks @SurveyMonkey and @MailChimp!

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