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10. Competition and positioning
      OMG, Google is doing the same thing
No competition, no market
Learnings from founding a Computer Vision Startup

                                                    Basic competition check (again)




                                                                            www.crunchbase.com
Differentiation
Learnings from founding a Computer Vision Startup




                                                      How are you different from your competition?
                                                      (performance, features, geographic, price, business model, ...)
Learnings from founding a Computer Vision Startup


                                                    How to handle competition?
                                                    Be aware of who competitors are and what they do (you need to be
                                                    able to answer when people ask)
                                                    But...
                                                    Focus on your own ideas and on making your product great
                                                    Be inspired if competition does something good but donā€™t copy or
                                                    follow blindly - copying lacks understanding, better think for yourself
                                                    Competitors might have a different agenda and goals
                                                    And...
                                                    Donā€™t worry - a reasonable amount of competition is good for all
Learnings from founding a Computer Vision Startup




                                                     OMG, what happens if Google is doing ā€œthe sameā€?
                                                    - they never really do the exact same thing
                                                    - they most likely have a different goal
                                                    - they most certainly have a different business model
                                                    - they have competitors who might want partners (you)
Learnings from founding a Computer Vision Startup


                                                    Polar Rose: How we did it
                                                     Case 1: Picasa & iPhoto
                                                     Google Picasa added face recognition for people tagging in fall 2008
                                                     Appleā€™s iPhoto added the same in January 2009


                                                     At the same time we were doing people tagging at polarrose.com (Flickr/Facebook)


                                                     End result: Picasa and iPhoto drive competitors to feature parity
Learnings from founding a Computer Vision Startup


                                                    Polar Rose: How we did it
                                                     Case 2: Goggles
                                                     Google Goggles launched late fall 2009
                                                     with supposed face recognition feature disabled


                                                     At the same time we had the Augmented ID / Recognizr app


                                                     End result: still unclear, but large players are more careful,
                                                     small startups can take risks and provoke. Again a drive for
                                                     feature parity elsewhere is emerging.
Learnings from founding a Computer Vision Startup

                                                                                    ā€œTractionā€


                                                                             ļ¬rst iPhone


                                                                          MMS campaign
                                                                          with easyjet

                                                                           ļ¬rst version visual search


                                                                                    iPhone SDK


                                                                                 Worlds ļ¬rst iPhone app




                    $$ Seed
                                                                                 for visual search




                                                                                     > 1 million items in DB



                                                                                   Amazon acquires snaptell
                                                                                      kooaba Tech Talk
                                                                                      @ Google(USA)
                                                    $$ Angel




                                                                                           > 10 million items in DB
Q2/07 Q3/07 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 Q1/10
                                                                                                                      A brief history of visual search and kooaba
Learnings from founding a Computer Vision Startup




                                              Books:
                             ReWork (again)
                                                       References
Round up
Learnings from founding a Computer Vision Startup


                                                    Things we didnā€™t cover
                                                    Some boring parts:
                                                     IP & patents
                                                     How to handle admin stuff (bank, bookkeeping, legal,...)


                                                    Ofļ¬ce & ļ¬nding a good place to work
                                                    B2B licensing alternatives and structures
                                                    How to do consultancy work

                                                    Deeper into certain topics we presented today.

                                                    We could tell you next CVPR if you want ;)
Learnings from founding a Computer Vision Startup


                                                    Take home messages
                                                    Starting out is cheaper and easier than you think


                                                    Focus on core functionality and engage customers early


                                                    Vision is about to enter consumer market, timing is good


                                                    Lots of the things we learned and told you today turn out to be
                                                    ā€œjustā€ (advanced) common sense.
Learnings from founding a Computer Vision Startup


                                                    Vision speciļ¬c lessons
                                                     Vision is magic to many, explanations often needed


                                                     Complex technology (you will need funding / quality in product
                                                     development)


                                                     Business models in B2C often unclear (innovation is needed here, too)


                                                     But huge opportunities for you as an expert, if youā€™re not a total techie ;)
Feedback?
The End
Till Quack                                Jan Erik Solem
quack@kooaba.com                          www.polarrose.com
www.kooaba.com                            janerik@polarrose.com

@tmdq                                     @jesolem
www.quack.ch                              www.janeriksolem.net


                     Slides will be online!
    http://www.vision.ee.ethz.ch/tquack/cvpr10-tutorial.html

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Learnings from founding a Computer Vision startup: Chapter 10: Competition & Positioning

  • 1. 10. Competition and positioning OMG, Google is doing the same thing
  • 3. Learnings from founding a Computer Vision Startup Basic competition check (again) www.crunchbase.com
  • 4. Differentiation Learnings from founding a Computer Vision Startup How are you different from your competition? (performance, features, geographic, price, business model, ...)
  • 5. Learnings from founding a Computer Vision Startup How to handle competition? Be aware of who competitors are and what they do (you need to be able to answer when people ask) But... Focus on your own ideas and on making your product great Be inspired if competition does something good but donā€™t copy or follow blindly - copying lacks understanding, better think for yourself Competitors might have a different agenda and goals And... Donā€™t worry - a reasonable amount of competition is good for all
  • 6. Learnings from founding a Computer Vision Startup OMG, what happens if Google is doing ā€œthe sameā€? - they never really do the exact same thing - they most likely have a different goal - they most certainly have a different business model - they have competitors who might want partners (you)
  • 7. Learnings from founding a Computer Vision Startup Polar Rose: How we did it Case 1: Picasa & iPhoto Google Picasa added face recognition for people tagging in fall 2008 Appleā€™s iPhoto added the same in January 2009 At the same time we were doing people tagging at polarrose.com (Flickr/Facebook) End result: Picasa and iPhoto drive competitors to feature parity
  • 8. Learnings from founding a Computer Vision Startup Polar Rose: How we did it Case 2: Goggles Google Goggles launched late fall 2009 with supposed face recognition feature disabled At the same time we had the Augmented ID / Recognizr app End result: still unclear, but large players are more careful, small startups can take risks and provoke. Again a drive for feature parity elsewhere is emerging.
  • 9. Learnings from founding a Computer Vision Startup ā€œTractionā€ ļ¬rst iPhone MMS campaign with easyjet ļ¬rst version visual search iPhone SDK Worlds ļ¬rst iPhone app $$ Seed for visual search > 1 million items in DB Amazon acquires snaptell kooaba Tech Talk @ Google(USA) $$ Angel > 10 million items in DB Q2/07 Q3/07 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 Q1/10 A brief history of visual search and kooaba
  • 10. Learnings from founding a Computer Vision Startup Books: ReWork (again) References
  • 12. Learnings from founding a Computer Vision Startup Things we didnā€™t cover Some boring parts: IP & patents How to handle admin stuff (bank, bookkeeping, legal,...) Ofļ¬ce & ļ¬nding a good place to work B2B licensing alternatives and structures How to do consultancy work Deeper into certain topics we presented today. We could tell you next CVPR if you want ;)
  • 13. Learnings from founding a Computer Vision Startup Take home messages Starting out is cheaper and easier than you think Focus on core functionality and engage customers early Vision is about to enter consumer market, timing is good Lots of the things we learned and told you today turn out to be ā€œjustā€ (advanced) common sense.
  • 14. Learnings from founding a Computer Vision Startup Vision speciļ¬c lessons Vision is magic to many, explanations often needed Complex technology (you will need funding / quality in product development) Business models in B2C often unclear (innovation is needed here, too) But huge opportunities for you as an expert, if youā€™re not a total techie ;)
  • 16. The End Till Quack Jan Erik Solem quack@kooaba.com www.polarrose.com www.kooaba.com janerik@polarrose.com @tmdq @jesolem www.quack.ch www.janeriksolem.net Slides will be online! http://www.vision.ee.ethz.ch/tquack/cvpr10-tutorial.html