27
Dec

A look back to last year’s predictions

My predictions for 2008 were very hit and miss (mainly miss), here’s a quick re-cap:

  • Cubic Telecom will have a £100m exit
    • Not yet. 2008 was an amazing year for Pat and the team with deals happening at breakneck pace.
  • European Founders, Howzat Media, TAG or Advent will do a deal with a web or mobile start-up here
    • Again not yet. I still think this will happen
  • More foreign VCs will invest in Irish web start-ups than Irish VCs
    • Well they both hover around zero. With current climate, we could be waiting a long time for this.
  • One of the current batch of Irish Web 2.0 start-ups will go global in a big way
    • PollDaddy!
  • EI’s €170m VC fund will continue to provide minimal benefits to Irish web start-ups
    • I got that one 1000% correct
  • Eircom’s small fund will result in two major web start-up successes
    • Sadly not yet but the signs are still good
  • Someone will launch a full Y Combinator/Seedcamp here
    • Sadly no. And with Government pissing away another €500m to foreign VCs this time, could they not take a €5m flutter with some smart entrepreneurs (no not VCs!) co-managing this?
  • Minister John McGuinness will be given responsibility for re-structuring all state bodies concerned with business
    • Again no. Will Government have the balls to shake everything up in 2009? €500m to foreign VCs says no.
  • EI will absorb Údarás na Gaeltachta
    • No.
  • EI will launch a self-contained web unit with its own budget, minimal red-tape, firewall access to Facebook and based in the Cork Gaeltacht or Kilkenny
    • No, big opportunity missed. The geo-centric model of EI needs to change to centres of expertise.
  • Damien Mulley will launch his own start-up
    • Mulley Communications :-)
  • Six Apart will launch a free version of Typepad
    • No. Give it time tho.
  • Six Apart or Automattic will launch a full blown social network built on their blogging platforms
    • No. I’m very surprised how long this is taking.
  • Facebook Sign-to-Noise will continue to plummet as more and more people join and repeat usage plateaus (How many FB apps did I have to install this week just to read happy new year messages?)
    • SNR did plummet but usage didn’t. I started to find FB more useful in the latter part of 2008 as all the vampire crap subsided.
  • There will be a management bloodbath at a high level in the mobile operators as they see ARPU drop on traditional services and continue to sit idly-by, unable to make sense of the mobile internet
    • No. Bit by bit it looks like the mobile telcos are getting the hang of the internet. 
  • Google’s Mobile strategy will continue to peek out here and there and continue scare the bejesus out of the incumbents
    • The strategy seems to be working well. The ones who are scared are not the telcos but Nokia and the non-Android handset makers. It looks like the mobile telcos are actually embracing Android.
  • The first Google Android phone will be launched by HTC and won’t be fantastic
    • I got this one right. I have a G1. The software is fantastic, the hardware mediocre. Review coming soon on LouderVoice.
  • Amazon will merge with eBay
    • No. They still should
  • Amazon will seriously impact Apple iTunes
    • I believe they are making a bigger and bigger dent here. Android will accelerate this.
  • Google will buy 3 (ok ok that’s wishlist too)
    • No, not even close.
  • RyanAir will buy 3 :-)
    • Ditto.
  • Ye know I cannot come up with one decent prediction about Microsoft. More of the same maybe?
    • Live Mesh impresses the socks off me.
  • The BBC will brand the OLPC XO as the BBC Micro Model D and launch a major combined TV and internet education program around it
    • A little too bluesky for the BBC. Netbooks seem to have taken all the buzz here.
  • Google will buy Bebo
    • Well they were bought but not by Google.
  • One of the video 2.0 companies will be massive (Qik, Seesmic, Kyte, Ustream etc)
    • Whilst not massive, both Qik and Ustream seem to be doing very well.
  • A dedicated generic Irish Social Network will be launched
    • Both IGOpeople and Locle went live so I got that right!
  • Bandon and Old Chapel will get 12 Mbs broadband (that’s on the fantasy list)
    • We got 3 Mbs. Better than a poke in the eye I guess
  • Old Chapel residents will get flat-rate unencumbered 3.5G on our phones (ditto)
    • Well I got 1GB for €8 from Voda last month so we’re heading in the right direction
  • 2008 will provide tougher challenges but greater rewards to Irish entrepreneurs than 2007
    • Yes, absolutely.
2009 predictions coming next

About Conor O'Neill

7 Comments for this entry

Michele
December 27th, 2008 on 3:07 pm

SixApart’s Motion for MT comes pretty close to what you’re looking for I think.

Conor O'Neill
December 27th, 2008 on 5:31 pm

Missed that somehow. Must have a play with it in the New Year.

Michele
December 28th, 2008 on 1:49 pm

Conor
I’ve a test install at http://motion.log.ie – feel free to signup

Michele

John Blackbourn
December 28th, 2008 on 5:37 pm

Don’t forget that Automattic have invested time and resources in BuddyPress which may well signify their interest in adding much more socnet features to WordPress.com this year.

Conor O'Neill
December 28th, 2008 on 5:48 pm

@Michele – Thanks, will do

@John – I guess I’m just impatient. Of course if anyone can build a decent SocNet in 10 minutes on Ning that’s better than most of the “real” ones I’ve tried recently, then maybe there is no need.

Matt
December 29th, 2008 on 6:36 am

Definitely check out BuddyPress – it went 1.0 beta on the 15th:

http://buddypress.org

Conor O'Neill
December 29th, 2008 on 7:04 pm

How the heck did I miss that announcement? I blame my Le Web hangover.