Monthly Archive for April, 2009

Venture Capital Hits Belfast

Surprised I haven’t found comment on this anywhere yet so here is the gen dit:

  • The 30% of private funding requirement for the £5m VC fund can be from another investor
  • The Proof Of Concept fund is grant based as opposed to equity
  • They are in the process of collecting anchor startups for a first round of funding
  • Launch date is 1st of May.
  • They have already had a meetup with potential opportunities
  • Another one is planned in the next few weeks
  • E-Synergy is the firm running the show
  • It depends who answers their phone as to whether you’ll get any info.

That Big a Deal?

Facebook opened up it’s user activity streams to the public API today. “This is a big deal.” says TechCrunch, referencing an earlier article on the wider implications for micromessaging, likening it to AOL offering email to the masses.

But is it?

The chief upshot of this will be a mass of desktop and mobile activity updaters. I don’t yet have a Twitter desktop app, due to the fact I don’t want to read tweets in realtime. I like to browse a snapshot of the days events in my own time and not as a distraction. Ok so occasionally tweets and work do synergise to produce a new idea or extra insight to an old one, but the fact is the motley collection of fellow users I follow will always mean a high signal to noise ratio in terms of whatever it is I’m working on *right now*. Hence no realtime feed, no constant blast of interestingness.

Neither do I have an activity stream app on my mobile. And I won’t while the internets are still charged by the megabit.

So no, I really don’t think this is that big a deal. If anything I think it’ll create a backlash, certainly in the mainstream, that up to now appeared warmly receptive to the usefulness of a service such as Twitter in terms of a primary news source. Yes for 90% of people that meant following Stephen Fry, but it was adoption nonetheless.

Instead people will now be bombarded with a hail of disparate apps all doing pretty much the same thing with a slightly different flavour. I think the time has come to split, not aggregate, all these feeds. I had given some thought to submit such an idea for content creators to a recent competition for funding. But I’ll let the crazies crack on for now

Update: Things change fast. Especially when FB invite the devs round. My earlier twittering regarding OpenId or FB Connect now appears deprecated

What’s Been on My Mind

Norn Iron hack guy – and thanks for the mint plants!

If earnings have ‘beaten’ analyst estimates yet fallen so sharply, perhaps an important question might be are the analyst estimates for these companies market cap equally low?

Having fun with Google insights – certainly looks to have predictive qualities about it I feel. No better barometer of the mass market? #moreonthislater

If this is a bear market rally, what this guy is saying about current ‘stabilising economy’ stories that have been fashionable of late is true

weapons + procedural code = avalanche

MyBlogLog and all associated community interaction remains the most confusing thing on the web today. From both a what’s under-the-hood POV & a what is it’s purpose one. Rivalled maybe by disqus.com

Mac creatives no different to the rest of us? #flamebait & taking things too seriously?

anyone been to the casino?

came up against this buglet in Django templates

The economics of piracy

I googled for consensus on this – before I found it on the existing UI right in front of me. Not sure whether that says more about me or the interface?

found out radio surf’s playlist. yes that playlist – but it seems it’s an in-house creation?

appstore game dev releases sales figures as marketing ploy, rest of universe copies. Enough already!

I don’t think a word has ever promised so much yet delivered so little

wordpress 2.2.1 sucks arse on Chrome.

more word up – sockpuppet & astroturfing

for pc, xbox360 and zune. why no ps3 competitor?

seriously, wtf?

hmm, how far can I stretch this?


image of last week“so who do you really work for?” 

Rally Catchup

Since ahem, launch, I haven’t really given much of an update on our rally progress as yet. There’s been a good reason for that though – we haven’t made any. Until yesterday, when we paid for 6 of our 9 visas. If progress is measured by how quickly a bank account can tend towards zero, well then we made a shitload of progress last night. But any sense of satisfaction at having ‘done’ something has been quickly lost in the ream of paperwork now due to various embassy offices ASAP. My fellow LRDGers and I are now auditing our initial ‘comprehensive’ travel plan submission made late Monday to Adventurists HQ.

And to be frank, it’s total shite.

Dart board dates, non-existant routes & towns that are in a different country are all heavily featured. I should point out that when we originally planned this out there was no planning, nor was the future need for it planned either. This seems to us contrary to the ethics of the Mongol Rally and so having to actually think through such concepts as ‘routes’ beyond anything more detailed than country level just seems like rallying heresy.

So we haven’t really done it.

But whatever, we’re almost done writing words in boxes and inserting random numbers in correctly formatted date spaces. We’ll be sending them all off sometime this week and then biting our nails and ringing up the Adventurists every so often for progress reports I’m sure. Mostly though we’re just going to sit back and with the help of a few cold beers reminisce about all the old adventures we’ve had and discuss all the new ones we’re going to have.

To get me in the mood I’m going to repost something that showed up on the Rally forums tonight, from the 2nd year of the Rally back in 2005:

These interesting tidbits are from the first (proper) year of the Mongol Rally, 2005. Yes, they are all true.

43 cars left London.
27 cars reached Mongolia.
14 cars reached the finish in Ulan Bator.
2 teams were robbed at knife point.
1 car snapped in half.
3 engines fell completely out of the cars.
1 team was held for five days in no-mans land.
1 team cycled almost 100 miles to get to the finish when their car gave in.
100’s of tires were blown.
1 team got engaged.
3 teams attended weddings.
1 team found a 10 foot deep pot hole.
1 team found a 25 ton crane rolled by a pot hole.
1 team had to reverse up a mountain after losing all but one forward gear.
1 person spent 24 hours in a Kazakh jail charged with five crimes against the state.
1 person was stoned by a Mongolian nomad, who then shot at him with a gun (and missed).
1 team was rammed off the road after an argument over water melons.
1 person spent a day in a Turkish hospital.
3 people were banned from Turkmenistan for a year.
As a result of an incident with a cow, one person was detained by police in Azerbaijan and threatened with a beating from a dwarf.
2 cars flipped over in Mongolia.
3 teams were chased by armed bandits.
0 team members died.

We’ll be visiting at least one active warzone while we’re away so kind of hoping the last statistic isn’t bettered…

Password Recovery

If you’ve ever tried to Google for a legit brute force password recovery tool, you’ll no doubt run into the same crappy seo’d to the max aggregate sites I did, before eventually finding the right tool.  


I’m going to share the programs that have worked for me, so I’ll be updating this list (ok so it’s not yet a list) as and when.


First one up is rarcrack on Linux.  I used it for a 7z file.
How-to is here and download is here.  

Google Analytics Factoids

traffic sources: 60% referring sites 20% direct 20% search engines.

60% of hits were from macs! I was absolutely shocked at that I have to admit.

aleatory is the 8th result for “newsflow algorithms” on google.co.uk – Not bad for 3 posts on the subject! I’ll consider myself a subject matter expert if I can break into the top 5 :)

GM’s Bankruptcy and a Prediction Market Success

At the beginning of March I started a market on whether GM would go bankrupt before Citi came under a majority government ownership. At the time I felt it would be GM and straight away the (somewhat low volume) prediction market over at inklingmarkets.com seemed to back that up.





No movement on it today after the government announcement is a strange one. I’d rate the likelihood of a GM ‘win’ much more likely now, but then I guess Inkling as a venue doesn’t have the reach of the other more established virtual platforms. Still I’m recording this as a win for the insight prediction markets can offer.

What’s Been on My Mind

Technology does not always help; the distraction that almost lost the war

Technorati lays off 10% (4!) of it’s workforce, TechCrunch reports it states the reduction is not due to a lack of growth – I’ll tell you what it’s due to for free – Technorati sucks as a blog search tool. I have never got more than one insightful relevant blog posting in any search I’ve made via that site if at all.

how to take screenshots/vids on the ps3

dbs in the sky – shared nothing architecture, faster, simpler

a twitter viral

Ligit.com – indexing your online content and that of your network for others to search, neat idea but what if part of me says “I don’t care who I get my results from”? Another search vector and potentially highly effective, but surely only as good as the users network? I’m sure the great social meme will ensure it rockets though.Edit: I went away and thought how easy it would be to create a copycat service using Google Custom Search Engine – then read that’s exactly what Ligit does…

StockTwits web2.0′s answer to trade ideas something that was started back in 2005, as a kind of semi-open (to the industry itself that is) banking cooperative. Back in the days when banks didn’t do cooperative.In the same vein

I’m addicted to SL business stories

I subscribe to a bunch of other blogs, yet don’t really have a blogroll as such yet. But when I do Howard Lindzon will be on it.

The best wiki?

the suits
oh noes – the suits are in!! The elephant is about to enter the room. Still cron support is most welcome.

Trusting Facebook Apps…

Facebook security policy places your trust of third party apps in the hands of your friends …by default! First of all, to rectify your own account, go to FB’s privacy page and unselect everything your uncomfortable with – I unchecked all bar my profile pic – only came across this after a chance reading of zdnet.


Before you change these settings the apps your friends install have instant access to your employment history, political views, etc, etc all out of the box. I’ve nothing against my fb-connected friends but some of the apps they blindly opt into had me googling up how to dig into FB’s arcane maze of options in a mild panic.


Don’t get me wrong, they do win at letting you customise to your hearts content, what with blacklists, whitelists and any combination thereof, but to leave something like this as the standard setting is pretty crazy imo.

Earnings: A Catalyst?

The smart money is on a resumption of the bear market.


The upcoming earnings season is thought to be the spark that reignites the bears’ tinder.  But as this report points out, firms have already downgraded themselves to expect nothing but bad news anyway.  There hasn’t been any warnings because the bar has been lowered to a point where no one will come in under it.  So I think this might not be the smoking gun the analysts are looking for.  Let’s face it, when something like that is telegraphed so far in advance the trades have already been made.  


Likely then it will be the visibility vacuum created after the deluge of numbers dries up that provides this rumour based market with sufficient uncertainty to go to the wall once more.  Looking forward the consensus is still predicting a 2nd half recovery, or at least a slowdown in the rate of economic decline.  This imbalance between a somewhat doveish expectation and the fact there is far more uncertainty built into the economy as things stand is the disconnect to sell into.


If we are to look at the market as a series of quarterly themes, it is the mid-quarter that can often tell the tale for the time frame as a whole.  


The phrase “sell in May and go away” is shaping up to be my key investment theme this summer…