European Entrepreneurship & Social Media @Plugg

BRUSSELS-The first couple of themes from Plugg this morning focused around European Entrepreneurship (and differences with US entrepreneurship) and Social Media.

Inma Martinez , founder of Stradbroke Advisors (and speaker at Mobile 2.0 in Barcelona last summer) marked out three categories of European Entrepreneurship: Clueless, Pirates and Super Bad.

The Clueless category includes entrepreneurs with great ideas but no idea as to how to market them (see Collaborative film making experiment Wreck A Movie and their great trailer www.ironsky.net), the Pirates include entrepreneurs not afraid to break the rules (PirateBay from Sweden was quoted) and the SuperBad includes those with cheeky ideas but not much more.

The key message? It is good to be cheeky and also European Entrepreneurs should focus on product and not on technical excellence.

Jo Caudron from ONE agency stated how the Web 2.0 era has now moved us from a model of media consumption of 'feeding fish to penguins' to a 'birds and the bees' model, where the bee is spreading the word and has the real power in the social environment.

He also emphasized how Web 2.0 companies can make money by understanding that they are dealing not merely with social media but all-encompassing social business, where the social element effectively permeates all parts of traditional business spheres.

Plugg-Dopplr and Google to present on European innovation

Brussels-Plugg is a one-day conference on March 12th in Brussels with a clear focus on celebrating entrepreneurship and innovation in Europe and raising global awareness for those European start-ups in the Web / Mobile 2.0 field that stand out in the crop.

Plugg aims to provide a hands-on view on what's happening in Europe, what the continent's (dis)advantages are compared to other regions and what the future will hold for its digital industry.

This year, Robin Wauters has assembled a great line-up of speakers, including Mike Butcher from Techcrunch UK, Lisa Sounier from Dopplr and Anil Hansjee from Google.

There is also the Start-up Rally for web and mobile start-ups with European roots where innovative new players can showcase their wares.

The first 3 readers to register via my blog (blog code AW6TZ24U) get 10% off the ticket price-don't miss out!

The Year of Location Based Services (LBS)

BARCELONA -I attended a great seminar on Wednesday at the Mobile World Congress, where various panellists presented and then debated their view on LBS's for 2008, including Nokia's Michael Halbherr and Googles' Gummi Hafsteinsson.

Nokia kicked off the session by stating their expectation to ship 35m handsets with GPS in 2008 and that all N-series will come equipped with in-built GPS. Michael also stated that increasingly, Nokia is looking to incorporate a compass for navigation within their handsets (making the vision outlined in my earlier post on 'Point to Discover' one step closer).

A key note from Nokia was that LBS were 'really about the pedestrian experience', a point that is sometimes lost amongst the noise surrounding LBS.

Onwards to Gummi from Google, who emphasised that for LBS's to work they need to get 3 things right: Openness, Comprehensiveness and Juxtaposition of Data.

Other key items discussed were: the need for educating the consumer on the usage of GPS functionality and for hybrid solutions that can ensure location coverage in all situations (GPS outdoors and Wi-Fi hotspots indoors) as well as the trend towards 3D mapping, with the height of buildings in urban areas being an important factor in adding relevance to a LBS.

Finally, the panellists concurred that in the same way as Web 2.0 was all about the comunity effect, so will the success of future LBS applications be determined by community-generated content.