Though this blog is focused on cities and geared towards city builders, I cover a lot of different topics.
I talk about real estate, architecture, planning, transportation, technology, and even personal topics. My primary goal is to create a worldwide community of people passionate about building great cities, but at the same time it’s still a personal blog.
Usually I just write about whatever is currently on my mind. I never queue up posts and so each post is written the day of. But sometimes I wonder if I’m delivering on what you, the readers, really want to read and talk about.
So today I thought I would simply ask: what would you like to see more of on ATC in 2015? Let me know in the comment section below and I’ll try my best to deliver.
The title of this post is a line from a Medium post that Biz Stone wrote back in August 2012. For those of you who might not know, Biz Stone is one of the cofounders of Twitter, as well as the cofounder of something called The Obvious Corporation.
Obvious is a “company” that I’ve been following on and off for a number of years – I’m fascinated by the model and how it has evolved. It was founded back in 2006 by Biz Stone and Ev Williams (another Twitter cofounder) as a kind of “product lab” for new ideas. But since then it has gone through a number of iterations.
Though I suspect that most people haven’t heard of Obvious, it was actually the parent company of Twitter before Twitter took off and became independent.
But even more interesting is the fact that Twitter was actually a side project for a company called Odeo (a failed podcasting startup) that in turn was owned by Obvious. So specifically, Twitter started as a side project of one of the companies within a larger “product lab.” Nobody said innovation was straightforward.
When Twitter eventually took off, their focus naturally shifted away from Obvious to it. They had a rocket ship of a company to build and run.
But in 2011, Ev and Biz, along with Jason Goldman (of Twitter), decided to “reboot Obvious.” The most notable outcome of this reboot has been the creation of writing platform Medium, which I believe still technically sits within Obvious. ( Click here if you don’t know what Medium is.)
Then in December of last year (2014), Ev Williams announced the third chapter of Obvious – now called Obvious Ventures – with this post called: It’s Obvious. Again. In short, they’re a venture capital firm with an approach that they call #worldpositive:
We’re entrepreneurs. We’ve helped a lot of companies launch, grow, and generate great financial returns. A few of these companies also deliver positive social and environmental benefits with every dollar of revenue they earn. We want to fund and build more of those. That’s what we call #worldpositive venture capital.
Already they’ve publicly announced investments in 10 companies, one of which I’ve written about before on Architect This City ( Flux.io ).
I decided to tell this story today for 3 reasons.
It shows you how non-linear innovation and careers can be. I love the idea of #worldpositive investing. And finally, because some of the startups that Obvious Ventures has invested in – such as Flux.io and Loup – are directly related to the future of cities.
I was on CBC radio this morning talking about the revitalization of Dovercourt Village and Geary Avenue in Toronto.
The funny thing about this topic is that it’s one I actually held off writing about. I’ve been thinking about this street and area for probably about 5 years now. However, I do have to keep some secrets to myself :)
But then I started feeling like the cat was already out of the bag. Everyone in my circle was talking about it. So I wrote a post calling Dovercourt Village the next Ossington. I had no idea it would get the traction that it has gotten, but in hindsight it makes total sense. It makes a great headline: “Toronto’s ugliest street to become the next Ossington.” Boom.
The tough question that Matt Galloway asked me this morning was: What happens to all the blue collar businesses when/if Geary Avenue and the area really takes off? My response – given that it was only a 5 minute radio piece – was that it comes down to preservation vs. progress.
This is a topic that I’ve written about with respect to heritage buildings , but the same concept applies to communities as well. How do you allow neighborhoods to receive new investment while at the same time not erasing its past and the things that made it interesting in the first place?
It’s not easy, that’s for sure.
I absolutely believe that there are things that developers can do to respect the neighborhoods in which they build in. But at the same time there are economics at play. In business school, they teach you this:
It’s the lifecycle of businesses and industries.
The key takeaway here is that the rise and decline of businesses is actually quite healthy for markets. History is littered with examples. The word processor replaced the typewriter. The mobile phone replaced the landline. Air travel replaced rail travel. And the list goes on.
Today, I think we’re at a moment in time where our relationship to cars is changing dramatically. How we get around and how we own and operate them is being called into question.
So just because there’s auto shops on Geary Avenue today, doesn’t mean they’ll be there tomorrow regardless of whether the area takes off or not.
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Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.
