Our first FSOT event in Tokyo turned out really well. Initially, we were a bit afraid that the informal format would not work in Japan, but we were dead wrong. Many more people showed up than we were expecting, and several brought friends along, which came as a bit of a surprise. As a result, we met potential collaborators, investors, and partners, in a very casual setting. Around 7pm, a live jazz band started to play, and we had to extend the event by a couple of extra hours in order to continue the discussions that were going on.
The feedback we received is really encouraging. Of particular interest is the idea that making our product available through multiple marketplaces will be highly valuable to our ISV partners. We also confirmed our intuition that we should initially focus on the ISV market (vertical software vendors building their applications on top of our platform), and we validated the recent changes that we made to our proposed pricing model (percentage of revenue with a lower minimum).
A few people could not make it and several companies want to organize follow-up meetings as soon as possible. As a result, we might be back in Tokyo as early as September. We’re also planning a few meetings with the Silicon Valley venture arms of a couple of trading companies who expressed interest in investing in our company.
Because the event lasted a lot longer than I had originally planned for, I had to skip a dinner with some friends. Later in the night, I went to dinner with a potential partner who might help us port our application to an alternative platform, complementing the delivery capabilities of our Chinese team. We also discussed some really cool ideas about task and event management, especially with respect to the creation of tasks and events from any note-taking application on a mobile device. More on this soon…
Overall, this first FSOT event outside of Palo Alto was a resounding success. Onto the next one…