We’re doing something different at next week’s IIW: inviting investors. So here’s a pitch that should resonate with investors — especially in Silicon Valley, where IIW happens (appropriately, at the Computer History Museum in Mountain View)…
Here’s a chance to check in on development work on a huge new disruptive market play: empowering customers as independent players in the marketplace, and building new businesses that serve liberated customers who want choices other than those between silos and walled gardens.
We’re talking here about equipping demand to drive supply, rather than just the reverse. (Which is fine and necessary, but it’s been done. A lot.)
We’re talking about creating tools and services proving at last that free customers are more valuable than captive ones.
We’re talking about how much more can happen in a marketplace where customers collect, control and selectively share their own data, for their own purposes — which nobody on the vendor side needs to guess about, because the customer knows, has the intent, and has the money.
We’ve been working on these tools for awhile now. My own work, both through IIW (which I help organize) and ProjectVRM at Harvard’s Berkman Center, has been to encourage development of tools that liberate and empower customers in the marketplace. Thanks also to the good work of allied efforts, many of these tools now exist, and more are coming along.
These tools fall into many categories. Some are open source efforts that equip developers with essential building material. Some are commercial efforts at the angel or pre-angel stages. Some are already funded. Some are existing businesses looking for partners. Whatever breed they are, all should be interesting to investors looking to place bets on customers, and on companies that align with customer interests and intentions in the marketplace.
IIW — which stands for Internet Identity Workshop — has always been about development. Since 2005 we’ve been getting together twice a year to share ideas and move work forward. As a workshop, it’s organized as an unconference. No speakers, no panels. Participants suggest topics and everybody breaks out to rooms and tables where those topics get discussed, whiteboards get marked up, and in many cases code gets shown and improved.
On Tuesday and Wednesday, May 3 and 4, the workshop will follow the usual routine. But on Thursday, May 5, we’ll visit a new topic which we’re calling “Yukon”: a one-word play on the line, “You control your own data.” As it says here,
Something New: IIW + Yukon: One of the longtime themes of IIW is how identity and personal data intersect. Many important discussions about Vendor Relationship Management (VRM) have also taken place at IIW. In recognition of how personal data and identity are intertwined, the third day of the IIW, May 5, will be designated “IIW + Yukon” and will stress the emerging personal data economy. The primary theme will be personal data control and leverage, where the individual controls and drives the use of their own data, and data about them held by other parties.
This isn’t social. It’s personal. This day you can expext open-space style discussions of personal data stores (PDS), PDS ecosystems, and VRM. One purpose of Yukon is to start to focus on business models and value propositions, so we will specifically be reaching out to angels and VC’s who are intersted in personal data economy plays and inviting them to attend.
Whether or not you’re an investor, or just friends with some (as pretty much all of us are these days), you’re invited. Looking forward to seeing you there.