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Venture Unlocked: The playbook for venture capital managers.
Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.This week we're doing another special roundtable discussion with a focus on the seed stage market. Joining us are Jenny Fielding of Everywhere Ventures, Kirby Winfield of Ascend, and Nate Williams of UNION Labs.This whole conversation was focused on seed stage investing. We spent most of our time discussing how the market reset affects seed-stage decision-making, fund sizing, and reserve strategies. We also touched on what they are seeing and hearing from LPs that invest in seed funds. If you're a VC investor, then I'm sure you already know about Sydecar, the go-to platform for emerging VCs to manage their SPVs and funds. Sydecar is on a mission to make private markets more accessible, transparent, and liquid by standardizing how investment vehicles are created and executed. Their powerful software allows VCs to launch SPVs and funds instantaneously, track funding in real time, and offer hassle-free opportunities for early liquidity.Whether you're syndicating your first or fiftieth deal, Sydecar acts as your silent operating partner, handling all back-office functions in a single place. Sydecar always has your back, so that you never have to worry about chasing subscription docs, lost wires, or late K-1s.With all the recent ups and downs in the private markets, the last thing you want to worry about is whether your back office is operating smoothly. Sydecar's responsive and proactive customer support team is there to assist, helping you build trust with your investors and tackle the challenges of building your firm.Visit sydecar.io/ventureunlocked to learn more.About Jenny Fielding:Jenny Fielding is the Co-Founder and Managing Partner of Everywhere Ventures. She is one of the most active global pre-seed investors, having invested in 300+ companies as the first money in. Jenny has built a thriving community of 500+ founders and operators who help source, diligence, and invest in the next generation of startups across 3 core verticals: money, health, and work.Prior to Everywhere, Jenny spent 7.5 years as the Managing Director of Techstars where she invested in a portfolio of companies with a current market cap over $10B. Jenny is a 2x founder, a lawyer by training, and an adjunct professor at Columbia University and Cornell Tech.About Kirby Winfield:Kirby Winfield is the Founding General Partner at Ascend.vc, the most prolific pre-seed stage venture fund in the Pacific Northwest.Kirby has been operating and investing in Artificial Intelligence and Machine Learning since the 1990s. His first startup pioneered the use of semantic AI for web search. He advised the Allen Institute of Artificial Intelligence on the launch and growth of its highly regarded Ai2 Incubator program, and has backed 30+ AI startups as a VC.Early in his career, Kirby was a founding team member and operating executive at back-to-back tech IPOs, with Go2Net and Marchex. He is also a two-time venture capital-backed CEO, with AdXpose (DFJ, Ignition) acquired by comScore, and Dwellable (Maveron, VersionOne) acquired by HomeAway.About Nate Williams:Nate Williams is the co-Founder and Managing Partner of DeepTech seed fund UNION Labs Ventures and formerly an Entrepreneur-in-Residence (EIR) at Kleiner Perkins focused on opportunities in Climate, PropTech, and Mobility. Nate's track record includes senior leadership experiences executing through startup, growth and turnaround stage culminating in successful exits for 4Home (to Motorola '10), Motorola Mobility (to Google '12), Motorola Home (to ARRIS '13) and August Home (to Assa Abloy '17).Prior to Kleiner Perkins, Nate was CRO & Head of Platform PM at August Home, Inc. a leader in Smart Home Access where he secured August commercial growth with market leaders and integration partners including Airbnb, Wal-Mart, Amazon, Honeywell, Comcast, and Google/Nest. Nate was also Senior Director of Marketing & Business Development at Google subsidiary Motorola Mobility (following their acquisition of 4Home where he was CMO & Head of Business). Earlier in his career, he was an Analyst in the Digital Home Group of Intel Corp.Nate earned an MBA from The UCLA-Anderson School of Management and a Bachelors in Communication Science from The University of Connecticut. He is named in several Communications Infrastructure patents, entrepreneurial, and comfortable building cross-functional teams introducing products under significant market uncertainty.In this episode, we discuss:(03:09): The challenges first-time founders face, especially in fundraising and navigating the current economic climate(04:17): Trends in pre-seed and seed round sizes including the reasons behind increases and their impact on startups(06:52): The importance of a founder's ability to fundraise in the current economic environment is stressed as critical for startup success(08:21): Venture Capitalists' adjusted expectations for startups progressing from seed to Series A(11:59): The need for founders to adapt their strategies in response to market changes, moving towards building sustainable businesses(16:21): The effects of significant valuation step-ups during seed rounds on the investment ecosystem(20:39): Current trends in seed valuations and round sizes and implications for the startup and investment community(25:52): How seed investors are adapting their reserve strategies to better support startups through to Series A rounds and beyond(27:09): The impact of the funding environment on LPs investment decisions and strategies(34:43): The challenges GPs face in fundraising efforts are explored, including navigating expectations and market conditionsI'd love to know what you took away from this conversation with Jenny, Kirby, and Nate. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on Twitter.Podcast Production support provided by Agent Bee This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com
The road of a solo GP is full of highs and lows, and today's guest Kirby Winfield has been through all of it. After working in the 90s tech and startup scene in Seattle, Kirby went on to found Ascend VC as a solo GP. We talk about his biggest lessons, the best advice he's gotten, and dig into some of the stories from the trenches as an emerging manager.About Kirby Winfield:Kirby Winfield is currently the Founding General Partner at Ascend.vc, a pre-seed stage venture fund investing in marketplace, e-commerce/DTC, and B2B software startups in the Pacific Northwest.Early in his career, Kirby was a founding team member and operating executive at back-to-back tech IPOs, with Go2Net (GNET) and Marchex (MCHX). He is also a two-time venture capital-backed CEO, with AdXpose (DFJ, Ignition) acquired by comScore (SCOR), and Dwellable (Maveron, VersionOne) acquired by HomeAway (AWAY).A word from our sponsor:At Ripple, we manage all of our fund expenses and employee credit cards using Jeeves. The team at Jeeves helped get me and my team setup with physical and virtual credit cards in days. I was able to allow my teammates to expense items in multiple currencies allowing them to pay for anything, anywhere at anytime. We weren't asked for any personal guarantees or to pay any setup or monthly SaaS fees.Not only does Jeeves save us time, but they also give us cash back on our purchases including expenses like Google, Facebook, or AWS every month. New users can earn up to 3% cashback for their first 90 days.The best part is Jeeves puts up the cash, and you settle up once every 30 days in any currency you want, unlike some other corporate card companies that make you pre-pay every month. Jeeves also recently launched its Jeeves Growth and Working Capital initiative for startups and fast-growing companies to enable more financial freedom for companies. The best thing of all is that Jeeves is live in 24 countries including Canada, US and many other countries around the world.Jeeves truly offers the best all-in-one expense management corporate card program for all startups especially the ones at Ripple and we at Tank Talks could not be more excited to officially partner with them. Listeners of Tank Talks can get set up with a demo of Jeeves today and take advantage of our Tank Talks special with a $250 statement credit after the first $2,500 in spend or a $500 statement credit after the first $5000 in spend. Lastly, all Jeeves cardholders receive access to their Lounge Pass program and access to over 1300 airports globally.Visit tryjeeves.com/tanktalks to learn more.In this episode we discuss:02:45 Kirby's journey into tech06:08 Lessons from the Dot Com bust12:21 Why founders should get to know public market analysts13:45 Kirby's early experience as an Angel Investor16:07 Early exits as an investor18:11 Finding his first LPs as an emerging manager21:36 Why he viewed his age as a first time manager as an advantage26:37 Building a better startup ecosystem in the Pacific Northwest31:37 Kirby's original investment thesis and how is has evolved38:19 Managing as a solo GP45:03 Things to avoid that may be red flags to LPs49:10 Navigating the seed and early stage markets in 202252:50 The best career advice he's gotten as a GPFast Favorites*
Rất nhiều người đã góp công tạo nên sự vĩ đại của Slack, nhưng có lẽ vai trò lớn nhất nằm ở người lãnh đạo đã thành công định hướng và dẫn dắt cả một đội ngũ tài năng — và Stewart chính là một trong những nhà lãnh đạo tài ba nhất. Trong cuộc trò chuyện với VersionOne, anh đã truyền tải ba bài học quan trọng nhất đến các nhà lãnh đạo như trong podcast.
On this episode of The Built in Seattle Podcast, I talked with Kirby Winfield, Founding General Partner at Ascend (ascend.vc)For extras from this interview, subscribe to my weekly emailEpisode HighlightsHow his identity and ego got into an unhealthy state.How he hit reset on his mental and physical healthWhy founders should be able to ask for help and let their guard down.The power imbalance for founders pitching VCs.What matters after the pre-seed round.How a writing and marketing background has helped Kirby as an investor.The value of being willing to look stupid in public.How he picks companies and teams in the earliest stage.How the challenges & expectations when raising money change between rounds.Why you need vision and selling more widgets is never enough.Why it needs to be "cool" to angel invest in startups to support a hub.The time Kirby got confused with a drug trafficking conspiracy on Twitter.Guest BioKirby Winfield is a seasoned startup operator and investor, and is currently the Founding General Partner at Ascend.vc, a pre-seed stage venture fund investing in marketplace, e-commerce/DTC, and B2B software startups in the Pacific Northwest.Early in his career, Kirby was a founding team member and operating executive at back-to-back tech IPOs, with Go2Net (GNET) and Marchex (MCHX).He is also a two-time venture capital-backed CEO, with AdXpose (DFJ, Ignition) acquired by comScore (SCOR), and Dwellable (Maveron, VersionOne) acquired by HomeAway (AWAY).Kirby has invested in dozens of technology startups, and served as a Board Director of the real estate CRM platform Sharper Agent (sold to LEDR/Z), and the in-store customer experience platform Spectrio (sold to Bertram Capital).He currently serves as a Board Director at Bean Box, the premier Direct to Consumer gourmet coffee gift and subscription brand, and Keepe, the leading vetted, on-demand contractor network for property managers. Other notable investments include Wrench, Crowd Cow, Dolly, Stackery and Blume.Kirby has served as Board Chair at Special Olympics of Washington, where he helped bring the 2018 Special Olympics USA Games to Seattle. He is a member of the Board of Trustees of Seattle Preparatory School, Board Member at the University of Washington's Haring Center Capital Campaign, and Board Advisor at the Friendship Circle of Washington. In his free time, Kirby coaches youth sports, and enjoys running, tennis, and traveling with his wife, son and daughter.Where to follow Kirbyhttps://twitter.com/kirbywinfieldhttps://www.linkedin.com/in/winfield/Where to follow Adam:https://www.linkedin.com/in/adamschoenfeld/https://twitter.com/schoenyFeedback? Suggestions on who to interview? Email me anytime - adamseattlepodcast@gmail.com
Peter Herbert, Vice President of Marketing with VersionOne made the decision 18 months ago to transform how they did marketing and adopt Account Based Marketing (ABM). As a company they moved from a transaction model to one where they focused on the Global 2000 organizations that would use the company’s software to do enterprise wide transformation. As part of the VersionOne marketing transformation they employed ABM. In Peter’s own words: “We’ve employed ABM to help us target our efforts more effectively, personalize [messaging] and have more success with our ideal customer profile.” When asked what the results of adopting ABM was, Peter replied “Our specific ABM effort where we went through the whole process to select accounts, get alignment with sales, change our marketing stack, and transition all of our campaigns to this new mode; we are about 6 months into it, we converted 20% of our top 100 accounts into pipeline, and we’re currently sourcing about two thirds of the new business.” Other topics he addresses in this 15 minute video include the reasons why he made the switch to ABM, what processes had to change, what technology stack he adopted to help, and what metrics and KPI changes he had to make. Peter Herbert has nearly 20 years’ experience in strategic marketing and corporate communications including demand generation, public relations, corporate product positioning, content strategy, and channel development for both global and emerging technology companies. VersionOne helps companies succeed with Agile software development and they specialize in helping some of the largest organizations in the world scale agile successfully across their entire organizations and succeed with agile transformation. Learn more about your ad choices. Visit megaphone.fm/adchoices
Kristen Wendel, Director of Marketing Operations at Planview, (Previously Director of Marketing Operations at VersionOne) shares how her team uses insightful tools to build a practical pipeline of marketing qualified leads and accounts.
In this podcast recorded at the Agile 2018 conference Shane Hastie, Lead Editor for Culture & Methods, spoke to Flint Brenton, CEO of Collabnet/VersionOne on how the organisation is integrating post the merger and supporting customers as they adopt value stream thinking. Why listen to this podcast: • Reflecting on the way the two businesses have come together since the merger of Collabnet and VersionOne • The company is focusing on supporting value stream management in their customers development businesses • You can adopt value stream management without including DevOps, but it’s really hard and doesn’t deliver the expected benefits • Regardless of size, every enterprise is now a software company • The importance of educating customers on the cultures that are found in the best run development organisations and the benefits that are possible More on this: Quick scan our curated show notes on InfoQ https://bit.ly/2HH6uSO You can also subscribe to the InfoQ newsletter to receive weekly updates on the hottest topics from professional software development. bit.ly/24x3IVq Subscribe: www.youtube.com/infoq Like InfoQ on Facebook: bit.ly/2jmlyG8 Follow on Twitter: twitter.com/InfoQ Follow on LinkedIn: www.linkedin.com/company/infoq Check the landing page on InfoQ: https://bit.ly/2HH6uSO
Peter Merel has an impressive résumé: XP pioneer, author of the original Wikipedia wiki-engine, and founder of XSCALE Alliance. XSCALE Alliance follows de-scaling practices and values, where the goal is, among other things, to “enable [self-organizing teams] to self-manage and self-direct.” Merel takes us on a thought-provoking stroll through topics like: Frameworks as pattern languages A “damning statistic” that may have been overlooked in a recent VersionOne’s State of Agile Survey Throughput accounting YAGNI – “You aren’t going to need it” And – most interestingly to us – descaling in a business agility context “How can we achieve alignment between lots of these little autonomous teams to be able to build something like a self-organizing value stream, or a self-directing portfolio? That’s really our challenge.” Accenture | SolutionsIQ’s Adam Mattis hosts. To find out more about XSCALE Alliance, visit:xscalealliance.org/ The Agile Amped podcast is the shared voice of the Agile community, driven by compelling stories, passionate people, and innovative ideas. Together, we are advancing the impact of business agility. Podcast library: www.agileamped.com Connect with us on social media! Twitter: twitter.com/AgileAmped Facebook: facebook.com/agileamped Instagram: instagram.com/agileamped
Business Agility Institute founder Evan Leybourn shares results from the 2018 Business Agility report at Agile2018. Connect with Evan on Twitter: @Eleybourn Download the Business Agility Report (2018). Add your voice to this report: Take the Business Agility Survey for 2019's report here. Follow @AgileToolkit. Visit LitheSpeed.com to help your organization embrace Business Agility. Transcript: Evan Leybourn ‑ Agile2018 Announcer: The Agile Toolkit. [music] Bob Payne: I'm your host, Bob Payne. I'm here with Evan Leybourn from Australia. Evan, you're ahead of the Business Agility Institute, and you guys just released the Business Agility report today, you're at Agile 2018. I was leafing through it. There's a lot of great infographics and information behind those infographics. Do you want to just talk about how you went about getting the report? Then, maybe we can talk about some of the interesting results. Evan Leybourn: Thanks, Bob. It's great to talk to you again. I absolutely love being on this podcast. I think it's my third time now. [laughs] Bob: Is it third already? Evan: Third already. Bob: [laughs] Evan: Third already. We put together the reports over the last couple of months based on the feedback we had from our members. A lot of people were asking for evidence. There's a lot of hearsay. There's a lot of anecdotes about business agility, and they wanted more proof. How does it work? Why does it work? Who does it work for? We went out, and we started sourcing information. We put out a survey. We'll share the link with your listeners in the text below the podcast. We got some fantastic insights which, I'll be honest, not many surprises. Most of the anecdotes that we hear, the data has borne it out, so that's actually pretty fantastic. Bob: If not surprising, what are some of the important insights that folks were questioning and that now has been borne out in the data? Evan: [laughs] We can probably narrow it down. I'll give you the really simple ones. The larger the company is, the less agile it is. I don't think that's a surprise to anybody at all. Bob: [laughs] Evan: Now, we have the data to show just how much more agile a small company is. In fact, we're doing some additional research now in terms of company thresholds, the size of organizations, and the operating model that's required for agility at those sizes. 15 to 50, 50 to 150, how do those sizes interface with agility, the practices, and the principles behind that? We know that agile organizations work differently. We know there are benefits, but how does size... If I'm 5‑person organization, then how I do agility is has to be different if I'm a 5,000‑person organization. We want to be able to outline that this generic information about X, Y, and Z, this is how it's specifically tailored to every size. Industries' wise, financial services, information technology and consulting, the top three industries who are adopting business agility right now. Both in terms of the quantity of organizations doing it as well as the maturity or the fluency that those organizations have. That's not really a surprise. We know from personal experience that banking and finance, every bank is trying to... Bob: Huge competitive pressures with dust cycles. Evan: FinTech eating their breakfast as they say. IT companies, Agile emerging technology and software. It's natural for these organizations to expand beyond the IT early, certainly earlier than other organizations. Consulting was a bit of a surprise. I wasn't expecting them in the top three. In fact they're number one to be precise. Now, cynical Evan thinks that, "Well, maybe the consulting organizations are just sort of..." Bob: Self‑reporting a little higher. [laughs] Evan: Self‑reporting a little higher because they're trying to say, "Hey, look how great we are." Less cynical Evan actually there's some logic behind it because consultants do need to be at the bleeding edge of business. If they're going to be transforming the client organizations, they've already got to be there. It does make sense that a lot of these consultancies are pushing the boundaries as much as they can. I think that's a natural behavior. Bob: Did you get any breakout that was aggregated against those different industries? Were different moods of business agility? Evan: No. Bob: Was it really customer pitted or service or...? Evan: We did slice and dice. We had some data scientists look at this information for us. They're the ones who provide a lot of the insights. We wanted to make sure that we were doing it meaningfully, specifically meaningfully. When we looked at the data, whether we sliced it at the company size, whether we sliced it by industry, not by industry, by company size or by high fluency, if we remove just the high fluency run the ones who are 9s and 10s, the outliers. Even if we normalize for who's reporting, whether it's the CEO reporting or an individual contributor because there was a difference. Even after all the slicing, those three industry still came out as 1, 2 and 3 so no matter how we sliced the data. It was pretty consistent actually. In fact, I mentioned that contributors, that was one of the few surprises that we got. Anecdotally, I assumed that the C‑Suite would over‑report and the individual contributors would under‑report maturity or fluency in business agility. We actually found that, because we had multiple respondents from the same company, in a single organization we thought they'd be different, but they were actually within 0.5 of a point from each other. Bob: That's probably... Evan: It's statistically... Bob: ...insignificant. Evan: ...insignificant. Now, there is a trend. Yes, the CEO is 0.5 higher than the individual contributors and line managers and senior leaders. Senior executives fall on that trend line, but it's quite negligible. The big surprise was we invited external consultants to assess the maturity, the business agility, fluency of their client organizations. They were about 15 percent lower on average. Bob: The client organizations. Evan: Yes. When the external parties assessed them, they assessed them 15 points lower. 1.5 points lower, 15 percent lower than themselves. Bob: That may make sense with your transformational model... Evan: It could. Bob: ...as well, because I can't really help unless I'm in some aspects better at it than the organization. Evan: Yeah, it's interesting. We need to do some further investigation as to why that's the case. My gut feeling is that there's probably two main reasons. The first being the rose‑colored glasses that happen within an organization. You see the transformation, you see you're making change, and it looks a little bit better, but the people from the outside are comparing you against... Bob: Other people. Evan: ...other people who are better. As an outsider, what you rate as a five, I rate as a three, just because I'm seeing that's a five over there. The inverse is also true. Bob: We probably have different north stars that we're measuring against. Evan: That's it. Maybe someone who's outside doesn't see a lot of the good. They're dealing with the procurement processes, they're dealing with the contracting processes, which are painful in almost every organization. They would underreport their client organization because the business agility hasn't hit procurement yet. It's just hit how employees are being engaged. Maybe they're underreporting for that reason as well. Bob: Was the survey both public and private sector? Evan: It was actually mostly private sector. We had a small number of respondents from the public sector, two or three percent. Though that data has mostly been excluded from the report just because there wasn't enough data points to meaningfully assess that information. We're hoping that version two of this report will be able to draw the public sector view. Because we are doing the government's Agility Conference in November, I think it would be a good idea to actually maybe create a government version where we survey the government organizations before the conference and maybe put something together for them. Bob: Even if we have some objectives out of the conference, what do we want people to take away, even if it's a simple survey of, before they attend the conference, after, how much more do they know about business agility, if they're not already executing in that way. I really see, and I know we've talked about this, on the committee calls... [laughter] Bob: ...the Government Business Agility Conference. It is just the early days in many, many government agencies on the delivery side, and without delivery, you can't turn the crank on the major business outcomes. Evan: Spot on. I talk a lot about theory of constraints and the theory of...I've probably mentioned this in a previous podcast, but an organization can only be as agile as its least agile part. In business, 30 years ago, that was software, so we invent Agile. 10 years ago, that was operations, so we invent DevOps. Today, in business, it's HR, it's finance... Bob: [inaudible 10:00] . Evan: ...but government is probably still where the business was 20 years ago. In many government organizations, they're only now getting the benefits of Agile, let alone DevOps and full‑on business agility which is even in the future. That being said, we have some great stories, some great case studies in the government space around policy developments being done in using Agile, service delivery for social services being delivered using Agile mindsets and techniques around the creation of citizen‑centric approaches. Everything from budget games being done in San Jose, I think it was San Jose. If you Google, you'll find out exactly where it's being run, where they crowdsource the budget from citizens using Agile game theory. It's absolutely fantastic. Bob: I was just chatting with somebody from a government agency. We were actually talking about using the Colleague Letter of Understanding with the Morningstar as a way of creating a rather hierarchical structure, a mesh commitment structure, within that organization. There're little pockets of these ideas taking hold. Evan: We have a video from the very first business agility conference in New York in 2017. The deputy CIO of the State of Washington had adopted holacracy in the state government. I used to be a public servant, this is 10 years ago. The thought of holacracy in government was mind‑blowing. I couldn't believe they could even do that. They did and a huge success. Bob: It can get a little tricky. I don't know if the state governments are the same but federal sometimes gets tricky when you hit the unions. [laughter] Evan: Yes. In that scenario, in the institute, we're developing some position papers, some white papers on various complex topics. Incentives, motivation reward is a white paper that's being released tomorrow, in fact. By the time you listen to this, it'll already be released, and we'll share the link. One of the next white papers that we're going to put out there is business agility in a unionized environments, because a lot of our members are in united environments that's complex. Bob: We may often give entities like the bureaucratic...paint them with a bureaucratic brush, but actually another agency that we did some work in, they were partners in creating an open workspace environment for everybody. Bob: Going back to the report, some of the key findings that we did come up with, market success is one of the highest benefits of business agility, which I would actually be surprised by. Not because I don't believe that business agility brings with it financial and market success measures, but I didn't think as a community that we were there yet. I thought we had a while to go, that the benefits move on softer. Now, we have some great quotes, some great feedback from the survey respondents saying that now they have gained more customers, greater customer satisfaction, more repeat business through the adoption of business agility. The usual ones they are around, better way of working, and so forth. Bob: Retention of clients. Evan: Retention of clients, yeah. Bob: Competitive advantage. I see better ways of working, came in at 16 percent, collaboration, communication, not shocking 14, and engagement up as well. That's what we see in the VersionOne survey on the IT delivery side, that engagement goes up a lot. Evan: When we look at challenges, the top challenge, which should be of no surprise to anybody, is leadership. Leaders love them, but they can either make or break a transformation based on the culture that they help to instill in an organization. Buy‑in is number two or three in the challenges. What's the next one? That's embarrassing. I don't... Bob: Just trying to find the page right now. [laughter] Bob: Leadership, lack of buy‑in, inappropriate organizational design. Evan: Of course, old design. Sorry, I should remember that one. It's off my head. Basically, the value stream is broken. Bob: The silos. Evan: The silos. When work goes from team to team to team, every hand off adds complexity and delays. An agile organization is one where the value stream is as much as possible contained in a single cohesive team. I don't mean a small team, those teams can be big, but the ownership, the accountability is held singly from ideation to customer delivery. Companies still struggle with that, but that's changing. We're seeing that change in companies although even in government organizations. Bob: Even if you can get a decent alignment of the silos to create those, not solid line report, but dotted line to the value stream, that can go a long ways. In thinking about the market's success statistic, I actually think that makes sense because if we look at the...Again, I don't want to compare you guys, the VersionOne survey, but I'm... [crosstalk] Evan: ...is due. We've admired the VersionOne survey for years. Bob: It has been a valuable tool. Evan: It's one of the reasons we created this is to go [inaudible 15:53] . Bob: Number one is better ability to manage change. What do markets want? They want responsive goods and services. Evan: The market will evolve faster than the company. It's why startups can out‑compete a legacy large organization who's got hundred times the budget, a thousand times the market share. They're dominated and overtaken by a tiny startup because the startup is able to adapt and provide a service that the customers want as opposed to what has been delivered for the last 20 or 30 years, which maybe what the customers wanted 30 years ago, but time moves on. I know Uber and Airbnb and everything else. Those examples are trotted out every single time if someone talks about market agility or market entity. Bob: [inaudible 16:48] . [laughter] Bob: [inaudible 16:50] is running in my head. Evan: They're the obvious ones, but it doesn't matter what industry you're in. I spent the last four years living in Singapore, and every bank there had a decent revenue coming out of international remittance, sending money home. Australians, Filipinos, Indians would send money back to their home countries through the banks. Within the space of two years, the FinTechs emerged. They had better, faster, cheaper services, and the banks lost a couple of percent of their top line overnight. Bob: We get [inaudible 17:23] all the time. That's just one possible transactional character. Evan: If you put yourself in the shoes of a bank, no one's going to take away the deposit account because that's not a...Maybe I could be lying but I don't think that's a disruptable service, partly because there's no money in a deposit account. Banks make their money out of credit cards and all these transactions, and all these other things, so the FinTechs are coming in. Bob: They can be in the right market if you've got some liquid cash that you're... [crosstalk] Evan: That's certainly not where the banks are making their profit. Bob: No. Evan: The banks are looking at this going, all of the stuff they're doing that are high profit, the FinTechs can come in and do it better, faster, cheaper. All they're going to be left with is the slow, low‑profit services, like core banking. Now, they're desperately trying to become FinTechs themselves. If I'd walk into a bank 10 years ago and let's say, "Let's create an agile bank," I would've been laughed out. Now, they're coming to us saying, "How do we become an agile bank?" Bob: "How do we disrupt ourselves before someone else does?" Evan: That's it. I use banking as an example. The same is true in utilities, the same is true in healthcare, engineering. Any industry which you think is undisruptable, I guarantee you, will be disrupted within five years. Bob: We're seeing people fall off the Fortune 500 lists. Evan: 57 percent of the 1983 Fortune 500 no longer exists. Bob: Not even just off the list. Just out of existence. Evan: Some have been acquired, some have gone through merges, some have gone through divestments. They're a fraction of what they were. Others have gone bankrupt. Some have come out of bankruptcy. They're still nothing. Bob: We'll have the link to the report. Where can folks learn about the Business Agility Institute? Evan: Thanks. We'll put the links below, businessagility.institute. I love the fact that .institute is a top‑level domain. Bob: [laughs] Evan: We bought that. Bob: .institutionalized. [laughter] Evan: That's what I should be. Absolutely. Businessagility.institute, you'll find all the information. We're a membership organization. I do encourage all your listeners to join up as a member. Help support us, help support the community, and develop new and great research. The inverse is true as well. It's not just a one‑way, we'll provide you things. We want you to share your stories with us. If you have a case study, if you would like us to create a white paper on a topic, ask us. We will do our best to actually build that for the community. Bob: Thank you very much. Evan: No, thank you very much, Bob. Until next time. Bob: Until next time. Evan: [laughs] Thank you. Bob: The Agile Toolkit Podcast is brought to you by LitheSpeed. Thanks for tuning in. I hope you enjoyed today's show. If you'd like to give feedback or be on the show, you can ping me on Twitter. I am @agiletoolkit. You can also reach me at bob.payne@lithespeed.com. For more free resources, transcripts of the show and information about our services, head over to lithespeed.com. Thanks for listening. [music]
In this podcast Shane Hastie, Lead Editor for Culture & Methods, spoke Lee Cunningham of VersionOne about the results from the State of Agile Survey Why listen to this podcast: • Agile is not just something that developers do – it’s an enabler of business outcomes • The emergence of multi-modal organisations where there are multiple different approaches being used simultaneously which holds them back from progressing effectively • Some organisations are adopting a Taylorism approach to agile adoption – get experts to tell us what to do and control the teams to abide by those rules • The emergence of business value as an important measure, over productivity (although productivity is a necessary precondition for business value) • Buying an expensive tool doesn’t make your agile adoption successful, in the same way that buying an expensive treadmill doesn’t make you fit – both need to be used effectively to deliver any value More on this: Quick scan our curated show notes on InfoQ http://bit.ly/2y6NKnY You can also subscribe to the InfoQ newsletter to receive weekly updates on the hottest topics from professional software development. bit.ly/24x3IVq Subscribe: www.youtube.com/infoq Like InfoQ on Facebook: bit.ly/2jmlyG8 Follow on Twitter: twitter.com/InfoQ Follow on LinkedIn: www.linkedin.com/company/infoq Want to see extented shownotes? Check the landing page on InfoQ: http://bit.ly/2y6NKnY
In this episode of the Ruby Rogues podcast Dave Kimura, Eric Berry, and Charles Max Wood discuss chatbots with Jamie Wright. Jamie will be speaking at Ruby Dev Summit in October. [01:25] Jamie Wright introduction Jamie is a professional nerd and independent contractor. He's been coding for 20 years mostly in Ruby. He's starting to get into Elixir. One of his first projects was a text adventure game, which got him started with conversational UI's. He saw Hubot on Campfire. He started tweaking that. He made a timetracking bot that used Freshbooks and Harvest. Then Slack came out and he created Tatsu. [05:00] Tatsu features You can schedule it and it'll ask automated questions. He's working on having it integrate with github, Harvest, Google Calendar, etc. If there's a blocker, you should be able to create private conversations with the people who are blocked and add that to the standup. When you sign up it adds a video link into your slack. Eric thinks this is pretty clever. In Slack, the default action people should take when a bot is installed should be to DM the person who installed it. [08:50] What it takes to write a bot and the challenges involved Writing bots is "fun as hell." Chatbots suck. We have the opportunity to improve an entire piece of the industry. Many bots are command based bots. You say something and it responds. Conversational UI's are really hard because they don't have any context or shared understanding of the world. [12:18] Chatbot libraries - Getting Started Every large company is working on one. There are also lots of natural language processing services that you can use as well. Before you start, you need to know your use case. Where will your users be? What services do you want to provide? At work? Probably slack. Among friends? Facebook Node has botkit. It's the most popular chatbot platform in the world. Start with botkit, use the examples, then come back to Ruby. Dave brings up building a chatbot for Slack that connected to VersionOne. Data retrieval bots are another great place to start. From there, you start answering the question of where things go. [18:51] The panel's experience with chatbots Tatsu has been around for about 2 years and has existed pre-Slack. Eric uses a Slackbot to get information about users who cancel or decline messages. Chuck has done automatic posting to Slack with Zapier. Chuck also mentions serverless with AWS Lambda. Chatbots are a lot like webapps. They're text in, text out and process things in very similar ways. Dave also brings up SMS bots as well with Twilio. Jamie has thought about creating a web based standup bot for when Slack is down. Slack is a single point of failure for your bot if that's where it lives. Slack gives you a lot of UI elements that you don't get in SMS. [24:51] Do you wish that Slack were more like IRC From an end-user perspective, no. But Jamie does wish they'd revisit threading replies and separating conversations in the same channel. It only took a handful of developers to build Slack. [27:20] What gems do you use in Ruby? slack-ruby-client by dblock slack-ruby-bot by dblock eventmachine [29:30] Does Slack push to an endpoint? or do you poll Slack? You can call an api endpoint on Slack that gives you a websocket endpoint. The events API sends webhook events to your server. It's easier to program against, but it can be slower. It may also be restricted on certain API's [30:55] Github Fantasy League Based on a Peepcode video with Aaron Patterson. You got a score based on your activity in Github. Jamie recorded videos for a talk at Codemash. It never actually became a thing, but it was a fun idea. Jamie got into Ruby by going to a Ruby Koans talk by Jim Weirich. Jamie's links github.com/jwright twitter.com/jwright brilliantfantastic.com This is what we put into the chat room after the Dr. Who reference... Picks Eric Rollbar Dave Mattermost Chuck Zoho CRM Jamie Digit
In this episode of the Ruby Rogues podcast Dave Kimura, Eric Berry, and Charles Max Wood discuss chatbots with Jamie Wright. Jamie will be speaking at Ruby Dev Summit in October. [01:25] Jamie Wright introduction Jamie is a professional nerd and independent contractor. He's been coding for 20 years mostly in Ruby. He's starting to get into Elixir. One of his first projects was a text adventure game, which got him started with conversational UI's. He saw Hubot on Campfire. He started tweaking that. He made a timetracking bot that used Freshbooks and Harvest. Then Slack came out and he created Tatsu. [05:00] Tatsu features You can schedule it and it'll ask automated questions. He's working on having it integrate with github, Harvest, Google Calendar, etc. If there's a blocker, you should be able to create private conversations with the people who are blocked and add that to the standup. When you sign up it adds a video link into your slack. Eric thinks this is pretty clever. In Slack, the default action people should take when a bot is installed should be to DM the person who installed it. [08:50] What it takes to write a bot and the challenges involved Writing bots is "fun as hell." Chatbots suck. We have the opportunity to improve an entire piece of the industry. Many bots are command based bots. You say something and it responds. Conversational UI's are really hard because they don't have any context or shared understanding of the world. [12:18] Chatbot libraries - Getting Started Every large company is working on one. There are also lots of natural language processing services that you can use as well. Before you start, you need to know your use case. Where will your users be? What services do you want to provide? At work? Probably slack. Among friends? Facebook Node has botkit. It's the most popular chatbot platform in the world. Start with botkit, use the examples, then come back to Ruby. Dave brings up building a chatbot for Slack that connected to VersionOne. Data retrieval bots are another great place to start. From there, you start answering the question of where things go. [18:51] The panel's experience with chatbots Tatsu has been around for about 2 years and has existed pre-Slack. Eric uses a Slackbot to get information about users who cancel or decline messages. Chuck has done automatic posting to Slack with Zapier. Chuck also mentions serverless with AWS Lambda. Chatbots are a lot like webapps. They're text in, text out and process things in very similar ways. Dave also brings up SMS bots as well with Twilio. Jamie has thought about creating a web based standup bot for when Slack is down. Slack is a single point of failure for your bot if that's where it lives. Slack gives you a lot of UI elements that you don't get in SMS. [24:51] Do you wish that Slack were more like IRC From an end-user perspective, no. But Jamie does wish they'd revisit threading replies and separating conversations in the same channel. It only took a handful of developers to build Slack. [27:20] What gems do you use in Ruby? slack-ruby-client by dblock slack-ruby-bot by dblock eventmachine [29:30] Does Slack push to an endpoint? or do you poll Slack? You can call an api endpoint on Slack that gives you a websocket endpoint. The events API sends webhook events to your server. It's easier to program against, but it can be slower. It may also be restricted on certain API's [30:55] Github Fantasy League Based on a Peepcode video with Aaron Patterson. You got a score based on your activity in Github. Jamie recorded videos for a talk at Codemash. It never actually became a thing, but it was a fun idea. Jamie got into Ruby by going to a Ruby Koans talk by Jim Weirich. Jamie's links github.com/jwright twitter.com/jwright brilliantfantastic.com This is what we put into the chat room after the Dr. Who reference... Picks Eric Rollbar Dave Mattermost Chuck Zoho CRM Jamie Digit
In this episode of the Ruby Rogues podcast Dave Kimura, Eric Berry, and Charles Max Wood discuss chatbots with Jamie Wright. Jamie will be speaking at Ruby Dev Summit in October. [01:25] Jamie Wright introduction Jamie is a professional nerd and independent contractor. He's been coding for 20 years mostly in Ruby. He's starting to get into Elixir. One of his first projects was a text adventure game, which got him started with conversational UI's. He saw Hubot on Campfire. He started tweaking that. He made a timetracking bot that used Freshbooks and Harvest. Then Slack came out and he created Tatsu. [05:00] Tatsu features You can schedule it and it'll ask automated questions. He's working on having it integrate with github, Harvest, Google Calendar, etc. If there's a blocker, you should be able to create private conversations with the people who are blocked and add that to the standup. When you sign up it adds a video link into your slack. Eric thinks this is pretty clever. In Slack, the default action people should take when a bot is installed should be to DM the person who installed it. [08:50] What it takes to write a bot and the challenges involved Writing bots is "fun as hell." Chatbots suck. We have the opportunity to improve an entire piece of the industry. Many bots are command based bots. You say something and it responds. Conversational UI's are really hard because they don't have any context or shared understanding of the world. [12:18] Chatbot libraries - Getting Started Every large company is working on one. There are also lots of natural language processing services that you can use as well. Before you start, you need to know your use case. Where will your users be? What services do you want to provide? At work? Probably slack. Among friends? Facebook Node has botkit. It's the most popular chatbot platform in the world. Start with botkit, use the examples, then come back to Ruby. Dave brings up building a chatbot for Slack that connected to VersionOne. Data retrieval bots are another great place to start. From there, you start answering the question of where things go. [18:51] The panel's experience with chatbots Tatsu has been around for about 2 years and has existed pre-Slack. Eric uses a Slackbot to get information about users who cancel or decline messages. Chuck has done automatic posting to Slack with Zapier. Chuck also mentions serverless with AWS Lambda. Chatbots are a lot like webapps. They're text in, text out and process things in very similar ways. Dave also brings up SMS bots as well with Twilio. Jamie has thought about creating a web based standup bot for when Slack is down. Slack is a single point of failure for your bot if that's where it lives. Slack gives you a lot of UI elements that you don't get in SMS. [24:51] Do you wish that Slack were more like IRC From an end-user perspective, no. But Jamie does wish they'd revisit threading replies and separating conversations in the same channel. It only took a handful of developers to build Slack. [27:20] What gems do you use in Ruby? slack-ruby-client by dblock slack-ruby-bot by dblock eventmachine [29:30] Does Slack push to an endpoint? or do you poll Slack? You can call an api endpoint on Slack that gives you a websocket endpoint. The events API sends webhook events to your server. It's easier to program against, but it can be slower. It may also be restricted on certain API's [30:55] Github Fantasy League Based on a Peepcode video with Aaron Patterson. You got a score based on your activity in Github. Jamie recorded videos for a talk at Codemash. It never actually became a thing, but it was a fun idea. Jamie got into Ruby by going to a Ruby Koans talk by Jim Weirich. Jamie's links github.com/jwright twitter.com/jwright brilliantfantastic.com This is what we put into the chat room after the Dr. Who reference... Picks Eric Rollbar Dave Mattermost Chuck Zoho CRM Jamie Digit
eXpresso STEAM makers - 10 Minute Daily (SIP) STEMulating Information Podcast
#UrDailySIP #A4agile News - Q is for Quality #alphabet #steamA2Z #asktheAgileAnalyst. For Agile Scrum, Kanban, Lean public, group, company sponsored and corporate classes, bootcamps, blogs, webinars and resources by Jacqueline Sanders-Blackman visit www.b2ttraining.com - PMI PDU and IIBA CDU's available. Resources: https://www.slideshare.net/VersionOne/agile-project-management-for-pmps Elisabeth Hendrickson at testobsessed.com
At long last, Amazon joins the CNCF to work on kubernetes and container related projects. While it's not incredibly clear how strong this embrace is, it's pretty high up there. We also discuss if there's any new topics in DevOps and check-in on the anti-trust in tech meme. Meta, follow-up, etc. Patreon (https://www.patreon.com/sdt) - like anyone who starts these things, I have no idea WTF it is, if it’s a good idea, or if I should be ashamed. Need some product/market fit. Check out the Software Defined Talk Members Only White-Paper Exiguous podcast over there. Join us all in the SDT Slack (http://www.softwaredefinedtalk.com/slack). AWS caves to the kube Press release: “Amazon Web Services Joins Cloud Native Computing Foundation as Platinum Member.” (http://www.prnewswire.com/news-releases/amazon-web-services-joins-cloud-native-computing-foundation-as-platinum-member-300501820.html) Does this mean they’ll do Kubernetes stuff? “AWS plans to take an active role in the cloud native community, contributing to Kubernetes and other cloud native technologies such as containerd, CNI, and linkerd.” Adrian is all like (https://medium.com/@adrianco/cloud-native-computing-5f0f41a982bf): “we doin’ the open sourcery.” Heptio release (https://www.geekwire.com/2017/new-releases-heptio-co-founders-continue-unfinished-mission-make-kubernetes-easier-use/): Ark and such. What’s the deal (https://www.youtube.com/watch?v=nFqiLGvZpVY) with Andy Rooney (https://www.youtube.com/watch?v=BpJDg476Vkg)? By the way, what’s “cloud-native” meaning now-a-days. We got the way Coté uses it (https://pivotal.io/cloud-native), we got CNCF (straight up containers?), and then we got whatever this type of thing is (https://skillsmatter.com/conferences/9612-cloudnatives-2017) (think it’s the Coté/Pivotal definition). Thought Lord Problems Is DevOps tired? What are the new topics in DevOps Disruption vs. the Government Google and Facebook (http://fortune.com/2017/07/17/should-we-use-antitrust-law-against-google-or-facebook/). Amazon and Whole Foods (https://www.bloomberg.com/news/articles/2017-07-14/u-s-congressman-calls-for-hearings-on-amazon-s-whole-foods-bid). The Best Buy pain trade (http://investorfieldguide.com/wes/). “Why the grim reaper of retail hasn't come to claim Best Buy.” (http://www.latimes.com/business/la-fi-agenda-best-buy-20170717-htmlstory.html) Amazon doesn't kill everyone (yet) (http://www.theonion.com/blogpost/my-advice-anyone-starting-business-remember-someda-56539) All your svn and stories belong to us Collabnet and VersionOne merge (https://adtmag.com/articles/2017/08/08/collabnet-versionone.aspx). End-roll Get $50 off Casper mattresses with the code: horraymattray NEW DISCOUNT! DevOpsDays Nashville (https://www.devopsdays.org/events/2017-nashville/), $25 off with the code 2017NashDevOpsDays - Coté will be keynoting (https://www.devopsdays.org/events/2017-nashville/speakers/michael-cote/) - October 17th and 18th, 2017. NEW DISCOUNT! DevOpsDays Kansas City (https://www.devopsdays.org/events/2017-kansascity/welcome/), September 21st and 22nd. Use the code SDT2017 when you register (https://www.eventbrite.com/e/devopsdays-kansas-city-2017-tickets-31754843592?aff=ado). PLUS we have one free ticket to give away. So, we need to figure out how to do that. Coté speaking at DevOps Riga (https://www.devopsdays.org/events/2017-riga/welcome/) and DevOps Kansas City (https://www.devopsdays.org/events/2017-kansascity/welcome/). Coté also speaking at Austin OpenStack Meetup (https://www.meetup.com/OpenStack-Austin/events/241908089/), August 17th, 2017. The Register’s conference, Continuous Lifecycle (https://continuouslifecycle.london/), in London (May 2018) has it’s CFP open, closed October 20th - submit something (https://continuouslifecycle.london/call-for-papers/)! SpringOne Platform registration open (https://2017.springoneplatform.io/ehome/s1p/registration), Dec 4th to 5th. Use the code S1P200_Cote for $200 off registration (https://2017.springoneplatform.io/ehome/s1p/registration). Check out this cool animated gif (https://video.twimg.com/tweet_video/DG0RbbEXoAEbTSr.mp4). Matt’s on the Road! August 17th - Sydney Chef Meetup (https://www.meetup.com/Chef-Sydney/events/240660647/) August 22nd - Sydney Cloud Native Meetup (https://www.meetup.com/Sydney-Cloud-Native-Meetup/events/241712226/) August 23rd - AWS Sydney North User Group (https://www.meetup.com/en-AU/Amazon-Web-Services-Sydney-North-User-Group/events/240951267/) September 12 - Perth MS Cloud Computing User Group (https://www.meetup.com/en-AU/Perth-Cloud/events/241297999/) September 20 - Azure Sydney Meetup (https://www.meetup.com/Azure-Sydney-User-Group/events/242374004/) October 11th - Brisbane Azure User Group (https://www.meetup.com/Brisbane-Azure-User-Group/events/240477415/) Recommendations Matt Ray: exa (https://the.exa.website), a modern replacement for ‘ls’; Sed & Awk 2nd Edition (http://shop.oreilly.com/product/9781565922259.do)! Brandon: Sleeping Gods (https://www.audible.com/pd/Fiction/Sleeping-Giants-Audiobook/B01A98UKAC) and Walking Gods (https://www.audible.com/pd/Mysteries-Thrillers/Waking-Gods-Audiobook/B01NGUBLBW/ref=a_search_c4_1_2_srTtl?qid=1502315059&sr=1-2). Coté: CostCo Saint Louis ribs. I feel like these are not healthy at all, but they sure are good. Also, the three European cheese plate. And use this good scallop recipe (http://www.seriouseats.com/recipes/2015/08/the-food-lab-best-seared-scallops-seafood-recipe.html). Andy Rooney picture (https://commons.wikimedia.org/wiki/File:Andy_Rooney.jpg) from Stephenson Brown.
Das Stichwort ”Agile” ist seit Jahren in aller Munde und kommt in immer mehr Unternehmen zum Einsatz. Aber was bedeutet es eigentlich, ”agil” zu arbeiten? Dahinter steckt mehr als Frameworks wie Scrum, die uns helfen sollen, das agile Mindset zu verinnerlichen, unsere Arbeitsweise zu verbessern und deren Ergebnisse zu optimieren. In dieser Folge sprechen wir über die Basics, darüber wie die Agilität 2016 in Unternehmen aussieht und welche Möglichkeiten es gibt, mit möglichen Hindernissen umzugehen. Links zu dieser Folge: Definition ”Agile Software Development”: https://en.wikipedia.org/wiki/Agile_software_development Cynefin-Framework (Dave Snowden: https://www.wikiwand.com/de/Cynefin-Framework Theory X / Theory Y (Douglas McGregor): https://www.wikiwand.com/en/Theory_X_and_Theory_Y Scrum: https://www.wikiwand.com/en/Scrum_(software_development) Scaled Agile Framework (SAFe): http://www.scaledagileframework.com/ Annual State of Agile Report (Version One): https://versionone.com/pdf/VersionOne-10th-Annual-State-of-Agile-Report.pdf Cargo Cult: https://www.wikiwand.com/en/Cargo_cult