Jeff Housenbold Interview – How Softbank Vision Fund Deploys $100 billion

I have been watching This Week in Startups – with Jason Calacanis – pretty much since the beginning. The video series / podcast provides a great insight in to some of the leading minds in the technology world.

Jeff Housenbold (Softbank Vision Fund) recently sat down with Jason to talk about the Softbank Vision Fund and some of its portfolio companies.

The comments about Growth vs Profit were very interesting and provided great insight.

Crenk is live

Crenk is live again.

Here at Crenk we are looking to explore the world of business, finance and technology. All stories and comments will be straight from the wandering mind of a CEO within the technology industry.

Expect short articles that are straight to the point and written in a very short period of time with limited storylines.

I’m doing this to gain more of an understand on the overall business landscape as it helps my mind to learn by writing.

Hope you all enjoy this site and the content as much as I do from writing it.

What is WordPress

WordPress is a free and open-source content management system (CMS) based on PHP and MySQL. WordPress is installed on a web server, which either is part of an Internet hosting service or is a network host itself; the first case may be on a service like WordPress.com, for example, and the second case is a computer running the software package WordPress.org. An example of the second case is a local computer configured to act as its own web server hosting WordPress for single-user testing or learning purposes.

Features include a plugin architecture and a template system. WordPress was used by more than 26.4% of the top 10 million websites as of April 2016. WordPress is the most popular blogging system in use on the Web, at more than 60 million websites. It was released on May 27, 2003, by its founders, Matt Mullenweg and Mike Little, as a fork of b2/cafelog. The license under which WordPress software is released is the GPLv2 (or later) from the Free Software Foundation.

Themes And Plugins

Themes

WordPress users may install and switch between themes. Themes allow users to change the look and functionality of a WordPress website and they can be installed without altering the content or health of the site. Every WordPress website requires at least one theme to be present and every theme should be designed using WordPress standards with structured PHP, valid HTML and Cascading Style Sheets (CSS). Themes may be directly installed using the WordPress “Appearance” administration tool in the dashboard or theme folders may be uploaded via FTP. The PHP, HTML (HyperText Markup Language) and CSS code found in themes can be added to or edited for providing advanced features.

WordPress themes are in general classified into two categories, free themes and premium themes. All the free themes are listed in the WordPress theme directory and premium themes should be purchased from marketplaces and individual WordPress developers. WordPress users may also create and develop their own custom themes if they have the knowledge and skill to do so. If WordPress users do not have themes development knowledge then they may download and use free WordPress themes from wordpress.org.

Plugins

WordPress’s plugin architecture allows users to extend the features and functionality of a website or blog. WordPress has over 40,501 plugins available, each of which offers custom functions and features enabling users to tailor their sites to their specific needs. These customizations range from search engine optimization, to client portals used to display private information to logged in users, to content management systems, to content displaying features, such as the addition of widgets and navigation bars. But not all available plugins are always abreast with the upgrades and as a result they may not function properly or may not function at all.

What is Knowledge Base

A knowledge base (KB) is a technology used to store complex structured and unstructured information used by a computer system.

The initial use of the term was in connection with expert systems which were the first knowledge-based systems.The original use of the term knowledge-base was to describe one of the two sub-systems of a knowledge-based system. A knowledge-based system consists of a knowledge-base that represents facts about the world and an inference engine that can reason about those facts and use rules and other forms of logic to deduce new facts or highlight inconsistencies. The term “knowledge-base” was coined to distinguish this form of knowledge store from the more common and widely-used term database. At the time (the 1970s) virtually all large Management Information Systems stored their data in some type of hierarchical or relational database. At this point in the history of Information Technology the distinction between a database and a knowledge base was clear and unambiguous.

iPhone 3G only $99, it’s Possible

Some hot news for those of us that have with held buying an iPhone (all 2 of you). Word on the street is that Apple has had an excellent 4th Quarter, and with sales of iPhones surpassing previous estimations, there is some wiggle room when it comes to price.

The iPhone which currently resides in an exclusive contract with AT&T, sells for $199 with contract. Millions and millions of people jumped on board with the first iPhone came out, and the second generation was just as popular. With over 15 million iPhone sold worldwide, it has dominated the mobile market. Outstanding sales have given Apple a cushion in case the current economic downtown starts to effect sales, they can afford to drop the price of the iPhone to $99.

What would a $99 iPhone do to the market? For starters, with such a low barrier to entry, the iPhone will clearly bleed further into the consumer market, even those on the fence would be tempted to purchase, and the market dominance would only leave true niche mobile companies like Blackberry able to withstand the onslaught.

Conjecture? Possibly, but only time will tell. Get those Christmas wish lists ready and stay tuned for more info!

EmbedIt WordPress Plugin Review

I adore WordPress, so much so that I use it to design websites that don’t even require a blog, just solely based on the CMS, ease of installation and abundant supply of options and plugins available for it. With all that being said, now and again I run into an issue with some stupid coding somewhere along the lines that won’t let me do exactly what I want.  Today I ran into a problem implementing a plugin that would allow me to place a Google Maps map onto a client’s website.  Google is nice enough to give the code out to hard code their maps into any site, but it requires the iframe tag which does not play nicely in WordPress.

After 10 minutes of searching the web and three more failed map plugins, it dawned on me that this was really stupid, I should be able to use whatever HTML code I want in WordPress, including the iframe tag.  This is how I found the EmbedIt Plugin.  According to their site, EmbedIt is a,

simple plugin that allows you to embed any html code in a post, deciding precisely where to embed it, allowing you freedom of coding your html without being annoyed by the wysiwyg editor.

  • embed Youtube videos into wordpress
  • embed ustream into wordpress
  • embed a custom Google Map into wordpress
  • embed whatever html code into wordpress
  • embed specific Adsense code into wordpress posts deciding WHERE it should go inside an article

The appeal to this plugin is that it will allow anyone to use any code they want without a funky plugin or breaking the framework in their WordPress theme.  EmbedIt utilizes the custom field in WordPress and is fully documented with screenshots on the official page.

My only complaint about this plugin is that you must submit a valid email address which grants the publisher of this plugin to send you an email now and again about new WP plugins he is working on.  I got the email instantly which has the link to download, but I still don’t like it.  I fully understand people take time to create these free plugins and never really get a lot of credit, but I think he’d be better off allowing free downloads and putting a Paypal donate button on his page instead of collecting email addresses.