Category: venture capital

Episode 148: IoT’s nuclear winter

The Apple HomePod goes on sale this week and Kevin is getting one for the show. We’re not sure if you should yet. We discuss that, and our respective Google Home experiments in this week’s show. We also cover Ring raising money at a big valuation, layoffs in consumer IoT, and trouble at SigFox and other low power wide area networks. Kevin also bought a hearable, Comcast reported its number of security and home automation customers and Bluetooth rescue buttons have flaws. Plus, we answer a question about wired alarms from one of our listeners.

An image of Turck’s latest IoT market map.

This week’s guest is Matt Turck, managing director at First Mark Capital. Every two years, Turck amazes us with his map of all the IoT startups. This year, he came on the show to talk about where the industry is, what he’s looking to invest in and the end of the first phase of the IoT hype. Listen to the overview and then go check out his in-depth blog post and market map.

Hosts: Stacey Higginbotham and Kevin Tofel
Guest: Matt Turck, First Mark Capital
Sponsors: PointCentral and CBT Nuggets

  • I would wait on HomePod unless you’re all in on Apple Music
  • Consumer IoT is a wasteland, and then there’s Ring
  • Wired alarm? Try Konnected
  • The age of experimentation is over
  • Does your toaster need a bank account?

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Episode 111: All about the Amazon Show and costs of IoT compute

Who’s buying an Echo Show? This week Kevin and I share our thoughts on Amazon’s latest device, which adds a screen to the Echo, video calling and more. We also talk about Apple buying Beddit presumably for sleep data, a new smart home product with a DARPA and Playground Studios pedigree and the industrial internet. Plus, we throw in a discussion on the economics of serverless computing as part of the launch of a new product from Yonomi.

The Echo Show has a 7-inch screen. And Alexa!

We have three guests this week. The number of our guests is three. (Props to all who read that as a Monty Python sketch.) We’re getting three different perspectives on the Echo Show, with the first from Mike Wolf, a smart home analyst and editor of The Spoon who discusses it as a kitchen device. Then we discuss design and the way we will interact with the smart home with Mark Rolston of argo design, and we finish with Jonathan Frankel, the CEO of Nucleus, which just saw its device replicated in Amazon’s new Echo Show. You’ll learn a bunch!

Hosts: Kevin Tofel and Stacey Higginbotham
Guests: Mike Wolf of The Spoon; Mark Rolston of argo design; and Jonathan Frankel of Nucleus
Sponsor: Aeris

  • Will Kevin buy the Amazon Show?
  • Startup Lighthouse has a new take on personal assistants
  • Apple buys sleep-sensing tech
  • Amazon’s Echo Show was “inevitable”
  • Amazon’s Echo Show was also a betrayal

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Episode 103: Sue your way to a safer IoT

This week Intel said it would spend another small fortune buying a chip company, Kevin discusses uses for LIDAR outside of connected cars and the Ring doorbell is embroiled in a security SNAFU. At SXSW this week, I learned about the IoT Design Manifesto and have some thoughts. Kevin discusses a new security flaw that deals with the physical side of cyber-physical systems and my SmartThings and Lutron integration still doesn’t work.

The ring connected doorbell.

But the best part of this week’s show is my interview with Phoebe Wilkinson, a partner with Hogan Lovells. Wilkinson helps manufacturers defend themselves against class action lawsuits. We discuss what aspects of connected products might be ripe for a future lawsuit and how companies can defend themselves. We also talk about how warranties are going to have to change for connected products. We may also see a revamp of how data opt-ins are handled. Listen up. You’ll learn something.

Hosts: Stacey Higginbotham and Kevin Tofel
Guest: Phoebe Wilkinson, a partner with Hogan Lovells
Sponsors: Samsung ARTIK and WolfSSL

  • LIDAR is so hot right now
  • Security should be so hot right now
  • News from B8ta, Evrythng and applying for Alexa developer credits
  • The most likely IoT class action is …
  • Let’s rethink device warranties for IoT

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Episode 99: Tim Cook’s HomeKit setup and Echo mania

This week we have sales estimates on the Amazon Echo, a new way to unlock your August locks and a hub that may talk to both HomeKit and legacy Z-wave and ZigBee connected devices. We also cover several networking stories ahead of Mobile World Congress involving AT&T’s IoT network, a satellite-backed LoRa network and Nokia’s plans to offer an IoT-grid network on a wholesale basis. Finally, I explain what worked and what didn’t about my effort to secure my home by splitting off into two networks. Kevin also discusses the new Google smart watches and we share Tim Cook’s HomeKit routines.

This week’s guest runs the Techstars IoT accelerator and drives investing for the Techstars Fund in the internet of things. Jenny Fielding explains the trends she’s seeing in startups, what makes a good IoT exit and some of the challenges facing industrial internet startups. She also talks about how to get around them and shares the secret beginnings of Sphero, the maker of the BB-8 toy robot. Enjoy the show.

Hosts: Stacey Higginbotham and Kevin Tofel
Guest: Jenny Fielding, managing director of Techstars IoT
Sponsors: Ayla Networks and SpinDance

  • If you have an Echo buy this one device to start a smart home
  • Satellite was made for the internet of things
  • Dividing networks don’t really work
  • Where will the next IoT hub develop?
  • What kind of IoT startup should I build?

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Episode 91: The cops want your smart home data

This week’s big story was the Bentonville, Arkansas case where police were seeking data from an alleged murderer’s Echo history. Kevin and I share our thoughts on the case, what police could learn from connected gadgets and what this means for your privacy. We then talk about Google’s new smartwatches coming in 2017, two new open/close sensors I discovered and Intel’s work with Amazon to create a model smart home. We also debate what shape the smart home should take and I’m getting ready for CES next week.

The Amazon Echo in my kitchen.

After a big thank you to the companies who sponsored the podcast this year, I interviewed Guarav Garg, a managing partner at Wing VC about how the fight to be the next big IoT platform will shape up. He has some surprising views on the roles startups will play and where the innovation in IoT will come from (and when).

Hosts: Stacey Higginbotham and Kevin Tofel
Guest: Guarav Garg, a managing partner at Wing VC
Sponsors: Samsung ARTIK and Level Education

  • What could your smart home tell the police?
  • Two discrete sensors for your doors from GE and Sensative
  • Is your ideal smart home controlled by a virtual wife?
  • Consumer electronics are too hard for startups
  • How to think about building platforms for the industrial internet

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Episode 64: How a VC views the internet of things

Do you need money? Want to buy or sell an internet of things startup? Then this week’s interview is must-listen stuff. Matt Turck, of FirstMark Capital came on the show to give some advice to those seeking financing, discuss the overall funding landscape and try to pinpoint where the next big exits are going to come from. Why Turck? Because a few months ago he covered this who topic in amazing depth. So listen up to see what has changed!

Sproutling was one of the VC exits this year.
Sproutling was one of the VC exits this year.

Before you listen to Turck, Kevin shares his karaoke picks, we dig into the upcoming Bluetooth 5.0 specification and lay out what we think Apple’s HomeKit and Home app mean for the industry. We also talk about Samsung’s plan to invest $1.2 billion into the internet of things, its cloud, and Elon Musk’s offer to buy SolarCity. It’s not that crazy, y’all!

Host: Stacey Higginbotham and Kevin Tofel
Guest: Matt Turck of FirstMark Capital
Sponsor: WolfSSL

  • Kevin’s karaoke nightmare (also the latest on Bluetooth)
  • Apple’s Home app is somewhat demoralizing
  • What Samsung needs in IoT
  • We’re in the second wave of IoT exits
  • Don’t quit your day job to rush to build a new product

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