Googley Family Philanthropy

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My talk to the Council on Foundations meeting of family philanthropies in San Diego, February, 2010

Transcript of Googley Family Philanthropy

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Report from Davos

• Among the disrupted:Rethink, redesign, rebuild … replace

• The shift from the industrial economy to what follows

• Is it better to forestall change or to enable it?

• The power of disruption (and deflation)

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rules

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• Give the people control, we will use it

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• The link changes everythingIts imperatives: > Be open> Specialize: Do what you do best and link to the rest> Find efficiencies> Find value in the link

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• The ethic of transparency

• The value of publicness

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• The internet is a connection machine

• Join a network / Be a platform

• Think distributed

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• Collaborate

• Join the open-source, gift economy:The value of volunteerismThe ecosystem v. the institution

• Manage abundance, not scarcity

• Mass philanthropy: Craig Newmark

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• Middlemen are doomed

• The future is entrepreneurial(not institutional)

• Small is the new big

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• Life is a beta

• Make mistakes well

• Life is live

• Mobs form in a flash

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• Life is a beta

• Make mistakes well

• Life is live

• Mobs form in a flash

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• Decide what business you’re in

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Wisdom of the web

• Don’t be evil – Sergey Brin, Larry Page

• Elegant organization — Mark Zuckerberg

• There is an inverse relationship between control and trust — David Weinberger

• Get out of the way — Craig Newmark

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My applications

• Train students for change

• Journalist as educator

• Entrepreneurial journalism

• New business models

• Business model challenge: X Prize

• Incubator (and school) as platform

• Work in public

• Create networks

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ruled the earthIf

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Media

• The Google Times— Newspapers, post-paper

• Googlewood— Entertainment, opened up

• GoogleCollins— Killing the book to save it

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Advertising

• And now a word from Google’s sponsors— Is advertising replaced by quality and service. Are the customers the ad agency?

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Retail

• Google Eats— A business built on openness

• Google Shops— A company built on people

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Utilities

• Google Power & Light— What Google would do

• GT&T— What Google should do Imagine a cable company as a platform for what we want to do.

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Manufacturing

• The Googlemobile— From secrecy to sharing: Opening up the design process

• Google Cola— We’re more than consumers

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Service

• Google Air— A social marketplace of customers: Can an airline become a publisher for its wise crowd?

• Google Real Estate— Information is power Eliminating the middlemen—or making them add real value

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Money

• Google Capital— Money makes networks The Googliest job

• The First Bank of Google— Markets without middlemen Open Bank, the transparent institution, the only bank you can trust

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Public welfare

• St. Google’s Hospital— The benefits of publicness

• Google Mutual Insurance— The business of cooperation

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Public institutions

• Google U— Opening education

• The United States of Google— Geeks rule

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Exceptions

• PR and lawyers— Hopeless

• God and Apple— Beyond Google? Is Apple the great exception or is it Googley?

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Generation

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Generation Google and the impact on:

• Friendship— We stay linked forever

• Publicness— What are the benefits?

• Thought— Does the internet make us smarter?

• Politics and government— Is this the transparent administration?

• Talent— This is the creation generation

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y Philanthropy

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Googley Philanthropy

• Transparency— Benefits & risks

• Collaboration

• Social: connections

• Beta philanthropy: process

• Philanthropy as platform (infrastructure)

• New givers: self-organizing crowds

• Money, ideas, action as value (Wikipedia)

• Investment & entrepreneurship

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