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Recently I bumped in to my old CEO (Bud Colligan) whom I worked for at Authorware many years ago. Bud’s now a venture capitalist with Accel Partners in Palo Alto and goes to every significant conference. At this particular one, he was chatting up Mitch Kapor and I stopped and interjected since I hadn’t seen Bud for quite some time.
I felt bad since Mitch excused himself and left. Interrupting them wasn’t my intention. In any event, it gave Bud and I some time to get caught up a bit and I was curious what he saw as the next, big thing and where VC investments were going. "Mobile," he replied. We talked a bit about that, his brother Ed (who is CEO of Palm), convergence and the world being flat.
I’ve been working on something that necessitated quite a bit of research on mobile telephony, networks and where smartphones are heading. I must admit being quite taken aback at how quickly this space is growing (growth in smartphones worldwide is expected to jump from 5.7M units (11.1M in North America) in 2005 to 156.2M units (37M in North America) by 2008). Also, the networks are accelerating in speed (GSM is 10-14kbps and the emerging third generation networks like high speed downlink packet access (HSDPA) promises a theoretical speed of 10.7mbps.
Wow. I’ve been goofing with the new Palm Treo700w at a Verizon stand leveraging their evolution data optimized (EV-DO) network and it is very fast. There are more applications for the PalmOS than for Windows Mobile, so I’m uncertain which Treo to buy.
What’s certain is that I’m weary of going to coffee shops for Wifi access, not having a device that I can do things with regardless of where I am, and a digital device that can store stuff I need and go fetch what isn’t on it. The smartphone is the only way to go.

Steve’s Social Stuff