Most people know the obvious facts about technology industry luminary Bob Metcalfe.
That he fathered Ethernet. Was a professor at Stanford University.
Cofounded 3Com Corp. Was CEO/Publisher of InfoWorld. Became a
journalist for the same publication, writing the gotta-read column
"From the Ether." That George Gilder named a law after Metcalfe,
entitled, appropriately enough, "Metcalfe's Law." That he organized
illustrious annual tech events – Vortex and Agenda – attended for years
by illuminati and industry rock stars alike. Pop! Tech is his current
conference foray, held in his favorite seaside town in Camden, Maine.
And that he joined Polaris Ventures in 2001 to give the venture
capitalist business a try.
Yeah, that Bob Metcalfe. Renaissance man. The guy who said we should reinvent ourselves every 10 years.
In a recent interview at Boston's L'Espalier, we probed the mercurial
mind of the Brooklyn-born, high school salutatorian and MIT varsity
tennis team captain of Norwegian descent. Thanks to the cheese delays,
we covered a wide range of topics.
Belated congrats on your 2005 National Medal of
Technology Award. What was it like receiving this at the White House?
I was there with my parents who are 80 and 85 years old. My
two children were there. My wife and I. They told me I could only bring
three guests, but my assistant asked and the White House added more.
The reception was in the Blue Room and the ceremony was in the East
Room.
What was your one take-away moment from that evening?
The joy seeing the reaction of my parents.
What was it like growing up your first five years in what
you have previously described as "the Norwegian ghetto" of Brooklyn?
There were a lot of Bobs. My Dad was Bob. My Uncle was Uncle
Bob. My cousin was Cousin Bob. My father-in-law is Bob. My
mother-in-law is Babo. My aunt called her own husband "Uncle Bob" just
to keep things straight.
What did they call you?
Bobby.
What is the tech industry screwing up these days?
I don't think it's Windows versus Linux. A pox on both their
houses, both their 25-year old kludgey houses. What the world really
needs is a new operating system, one that's actually easy to use and
doesn't crash.
How is today's entrepreneur different from the entrepreneur of one decade ago?
Today's entrepreneurs remember the Internet bubble and think they've learned something from it – ha!
Speaking of the Internet bubble, what was that all about?
To capture that moment in time, you just need to remember the
seven most feared words of the Internet era: "You just don't get it, do
you?"
Cheese Choices – L'Espalier's resident "Fromager" stops by to inquire
about our interest in ordering from their not-so-ordinary cheese tray.
Metcalfe's eyes light up. We order many different kinds, spanning the
world of cow and goat milk from The Netherlands, France, Tasmania,
Italy, and Westfield, Vermont (sorry, no Cabot, who knew?).
You say plenty of people are knocking on your door at
Polaris to start new companies – are their ideas significantly
different from a few years ago in terms of not falling into the
traditional hardware/software/networking/life sciences buckets? Are you
seeing more variety?
This is no time for hardening of the categories. The variety
is endless. It makes venture capital really interesting and subtle.
What criteria is most important to you in selecting
potentially winning companies to fund? How important is gut feel in the
process – 50 percent - 80 percent?
Gut feel seems to be everything. Gut feel about the people in particular. Often we pass because life is too short.
Compare yourself to Steve Jobs and Bill Gates.
Steve Jobs and Bill Gates are two of my heroes, which doesn't
mean they are perfect. By contrast, Steve makes me look easygoing and
friendly, suffering fools gladly. What I admire most about Steve are
his high standards. Bill makes me look easygoing and friendly, not out
to conquer the world. What I admire most about Bill is his
relentlessness. Steve and Bill can both be cruel, but if you want to
make an omelette, you have to break some eggs. May they live long and
prosper. Meantime, I'll try harder to be relentlessly nasty.
Who are the bad guys in the tech industry today?
All the members of the U.S. Telephone Association, including
Verizon. It's a hundred year-old conspiracy in restraint of trade. The
USTA bastards have lobbied and litigated the 1996 Telecom Act to death.
What have your children taught you?
My generation was amazed by technology. We said things like
"You won't believe this but I'm talking to you right now from an
airplane!" My kids say things like "But if there were no PCs, Dad, what
did they run Microsoft Word on?" Different technologies create
different life experiences. This poses a challenge to marketers.
Are you more of an inventor or an innovator?
Innovator.
Cheese update: The cow and goat byproducts have not made it to our table.
Where's the real action today?
Universities are where it's at.
How has the business world changed in your lifetime?
Cultural differences are decreasing. There once were 100,000
languages. They are diminishing by the day. Soon there will only be
one. And it won't be French.
Do you ever relax? If yes, describe a moment of extreme personal relaxation.
In the hammock at our Maine island camp, reading a book in an afternoon breeze.
Which begs the question about your favorite book of all time.
Atlas Shrugged by Ayn Rand.
Why?
It explains most of what goes on in politics. I value individuals over the collective (yuck).
What recently read book energized you?
The Singularity is Near by Ray Kurzweil – it made me a Singularitarian.
Which of course begs a few cliché interview questions –
tell me about your favorite movie, favorite performance art and all
time favorite tune.
Blade Runner; anything by Moliere; "Will you still love me tomorrow?" by The Shirelles.
The Shirelles? Really?
I was impressionable.
You mentioned Gates and Jobs. What's your view of Larry Ellison?
A genius and hardworking SOB who enjoys winning and is a frequent target of losers.
Cheese update: We confront our server and inquire about its whereabouts. Apologies ensue. Action is taken.
What's the next big thing besides 'video internet'?
The next big thing does not change weekly. There are eight +
billion microcontrollers shipped every year and very few of them are
networked. Companies like Ember are out to change that.
What 'new generation' tech CEO impresses you and why?
Eric Schmidt. A stand-up guy.
Do you like it when a magazine puts you on their cover
with a headline entitled "Bombastic Bob's back?" (November 14, EE Times)
I subscribe to the Hugh Hefner school of PR - any press is good as long as they spell your name correctly.
Why do you like to stir it up so much? What childhood event triggered this behavior?
I climbed the ladder of success. If things were not stirred up in America, I would not have had a chance.
Finally, the cheese arrives.
- Andy Beaupre