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It describes their values as something like 'fly long distance in the morning, do a bunch of meetings there, and be back before the end of the day'. Does it mak
by ant6n 11y ago
It describes their values as something like 'fly long distance in the morning, do a bunch of meetings there, and be back before the end of the day'. Does it make sense to travel 20,000km on one day to make a bunch of meetings, spending 15,000$?
I feel that better tele-presence just makes more sense.
- lnanek2 11y agoIf being there in person gives you a 2% better chance to close a million dollar deal, then it already makes sense to blow $20k on the ticket.
- ant6n 11y agoYou mean a million dollar profit deal
- ElijahLynn 11y agoThe telepresence rooms we have at our corp. are 100's of thousands for a room. And you have to have another room on the other end. If it will be a consistent meeting then it makes sense to set them up but for one off meetings at different locations then the cost is not justified. I do see a stereoscopic (3D) 360 VR future someday but we have a ways to go to get the 'presence' of that down to realism still.
- ant6n 11y agoStartup idea: rentable tele-presence rooms. tele-presence restaurants, tele-presence bars.
- azernik 11y agoLots of hotels that cater to business customers already to this - go to the local Hilton and pay $XYZ to use their telepresence room for an hour.
- ant6n 11y agoBut can I buy the guy on the other end a beer?
- jessaustin 11y agoSure, unless the hotel at his end is in a "dry" location.
- btown 11y agoIn the financial world, where the physical presence of a trusted deal quarterback (who may fill that role for multiple deals at once) makes all the difference, the answer is a resounding yes. I love telepresence as much as anyone, but the reality is that nothing replaces a good firm handshake at the right moment, and nothing will unless we start living the majority of our waking hours in VR.
- ant6n 11y agoSo tele-presence needs to be good enough to transmit that good, firm handshake.
- leonroy 11y agoI wonder if the original demand for Concorde between NYC-LDN was due to the clear link as major financial centers. As video and audio conferencing proliferated the demand for in person meetings amongst customers in finance would have gone down. That would have hit Concorde pretty hard. Business which needs to be conducted in person could be between factory and design hubs. Silicon Valley to China's manufacturing centers for example.
- untog 11y agoNot just the money, the environmental impact of this gives me pause. Don't get me wrong, the tech is cool. But it's just enabling a behaviour that doesn't have a positive effect on the planet.
- URSpider94 11y agoYou have just described a huge fraction of my adult life. Take my word for it, being there in person is still the only way to close critical business deals.
- monk_e_boy 11y agoThis. That's why silicon valley. That's why working remotely doesn't work very well for most people. Non verbal communication is very important for trust.
- hanspeter 11y agoNow I'm imagining a meeting in silicon valley where participants are using only sign language.
- mikeryan 11y agoIts also not just closing a single deal but also creating the relationship for the next X deals. (Note: I'm sure parent understands this.)
- Inthenameofmine 11y agoI wonder how Virtual and augmented reality will change that. Just being able to Skype or use Whatsup with my clients during the day, ad-hock, has hugely changed the way I build business relationships.
- rdl 11y agoTelepresence will definitely be a greater and greater percentage of the market. The overall meeting-market is also expanding. I think the subset of the market which ends up as in person meetings will continue to expand for a long time.
- mikeryan 11y agoIt's hard to buy your client a beer over tele-presence.
- squozzer 11y agoI am with you, even though I like what Boom proposes.
- manarth 11y agoDoes $15,000 matter, to people earning $50,000 a day? Does $15,000 matter, as a business expense on a billion-dollar deal? I agree tele-presence makes sense, but when $15,000 means as much as the price of a Starbucks coffee means to you and I, the price is so irrelevant, it's like us meeting for coffee, saying to each other "I'll get the bill", and then thinking it's more effort than it's worth to even bother expensing it.