Why Startups Should Raise Money at the Top End of Normal This article originally appeared on TechCrunch. 2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. I acknowledged this in the article. You can be pissed off, but I don’t set prices. I’m just making the commentary. 2: As expected at least one person accused me of writing this post because I want to see lower valuations. That’s stupid. I said both in the article but felt compelled to provide a statement up front for the skimmers. I have conversations with entrepreneurs and other VCs on a daily basis about fund raising, the prices of deals, how much companies should raise, etc. I’ve decided to take all of my private conversations and subjective points-of-view on the topic and make them public in a keynote speech at the Founder Showcase in San Francisco on June 15th. Huh? Here’s what I mean.
Impact d?Internet sur l??conomie fran?aise | D?couvrez une ?valuation chiffr?e de l'impact d'Internet sur l'?conomie fran?aise “Community management in the newsroom” - The Guardian’s Laura Oliver at Hack/Hackers London I’ve said on many occasions that I am genuinely baffled how so many news organisations seem to think that they can grow an active community on their website, without investing in any community management. At the Guardian we have several people in a role called “community co-ordinator” who fulfill this remit. One of them, Laura Oliver, spoke at the last London Hacks/Hackers meet-up. She talked about some of the lessons she and her colleagues on the news desk, James Walsh and Hannah Waldram, have learnt from doing community management around the Arab Spring, a topic on which the paper has been relentlessly live blogging. Laura described their role as a mix of “representing the reader in our editorial decisions about news on the web” and “looking at social media until my eyes go square”. Here are my notes on four of the key points that Laura made in her talk. Expect the unexpected Laura explained that your users will not use the website in the way that you do. Reward your loyal audience
Facebook: Hey, We’re a Great Tool for Journalists Too!: Tech News and Analysis « Does Facebook have a little Twitter envy? The smaller of the two social-media tools has become virtually synonymous with journalism — thanks in part to the fact that it is more of an information network than a social network, and to the example set by journalists such as the NPR’s Andy Carvin in how to use it for real-time reporting on events such as the recent revolutions in the Middle East. Now Facebook seems to be trying to reach out to the media industry by offering more resources for journalists, including a dedicated page that the giant social network launched Tuesday. The Facebook page says that it plans to become an ongoing resource for journalists who want to figure out the best ways to use the network, and will be highlighting “best practices” engaged in by a number of media outlets and reporters who use it well. The one thing that Facebook has going for it over Twitter, of course, is sheer reach.
Groupon Is Overstating Revenue By 140%, Should Voluntarily Postpone IPO When a merchant sells something on a marketplace like eBay (EBAY), after a customer has paid for the item the merchant keeps a percentage of the sale, and eBay keeps a percentage of the sale. eBay counts its fee as its revenue for the transaction. It counts the aggregate value of the sale as a metric called gross merchandise value, or GMV. That's not how Groupon does it. As stated on page 1 of its S-1, and I'm sorry for missing this in Friday's article, Groupon is Effectively Insolvent: "Our revenue is the purchase price paid by the customer for the Groupon. Our gross profit is the amount of revenue we retain after paying an agreed upon percentage of the purchase price to the featured merchant." This would be like Expedia (EXPE) or Priceline (PCLN) booking the full purchase price of an airline ticket as revenue. So Groupon states revenue for Q1 of $644.728 million and gross profit of $270 million. Its two cost categories are selling, general, and administrative (SG&A), and marketing.
Impact d'internet sur l'économie française Selon McKinsey : “la contribution d’Internet, qui pèse 60 milliards d’euros dans l’économie française, soit 3,2% du PIB en 2009, contribue plus que d’autres secteurs de l’économie tels que les transports, l’énergie, l’agriculture, la finance ou encore le commerce” : Au delà de cette contribution directe, Internet est responsable d’un quart de la croissance française entre 2004 et 2009. Maintenant, il semble que la polémique fasse rage autour du financement par Google de cette étude. Sans doute. En attendant, il semble - a minima - qu'il y ait des tendances qui se dégagent de ce rapport. Faites vous votre idée. En synthèse : Internet en France a ou aurait : Internet en France pourrait : contribuer au quart de la croissance française des trois prochaines annéescréer 450.000 emplois à l’horizon 2015 représenter 5,5% du PIB (129 milliards d’euros) en 2015 contre 3,2% aujourd'hui. Le rapport : Internet_impact_rapport_mcKinseycompany Les chiffres clés : Internet_impact_chiffres_cles
Huxley Vs. Orwell: Infinite Distraction Or Government Oppression? Posted on August 24, 2010 in Images The Huxley vs Orwell comic is originally from Recombinant Records: Amusing Ourselves to Death, adapted from Amusing Ourselves to Death: Public Discourse in the Age of Show Business by Neil Postman. When I read this comic, I am reminded of one of my favorite quotes from Brave New World: “It’s curious,” he went on after a little pause, “to read what people in the time of Our Ford used to write about scientific progress. And: There was something called liberalism.
Journalism 2.0 Didn’t Kill Anyone, and Neither Did Old Media: Tech News and Analysis « Does the journalist who reported on a Quran burning by a right-wing pastor in Florida last month share some of the blame for the deaths of 24 people in Afghanistan in the wake of that event? And is the fact that they died some kind of indictment of the evolution of digital media, or “Journalism 2.0?” That’s the case being made by Forbes media writer Jeff Bercovici in a blog post published on the site Thursday, beneath a tabloid-style headline reading “When Journalism 2.0 Kills.” The story in question was about notorious evangelical pastor Rev. In the wake of the March 21 burning, riots broke out in several cities in Afghanistan to protest the event and more than 20 people were killed, including several foreign aid workers. So what does any of that have to do with Journalism 2.0? According to Bercovici, most of the mainstream media had decided not to report on Rev. The reality is that neither the reporter nor the wire service are guilty of anything but reporting the news.
Horn Group, Inc. > Blog This week I'm pleased to share a recent video interview from our Innovator Series with Tom Foremski, Editor of Silicon Valley Watcher. Horn Group Innovator Series - Tom Foremski, Editor of Silicon Valley Watcher from Horn Group on Vimeo. In this clip, Tom talks about how being a CMO is the toughest job in a company because everything is so fragmented. He also talks about how Silicon Valley has evolved into a media business and his thoughts on the social distribution of mass media.
The 2010 U.S. Digital Year in Review Download Whitepaper comScore presents the 2010 U.S. Digital Year in Review, its annual report on the prevailing digital trends of the past year and their implications for the future. The report looks across the digital landscape to highlight the industry’s leading stories of the year. How did the rebounding economy influence retail e-commerce, what group-buying and flash sales sites found success in 2010? MediaWatch: Thomson Reuters Bloggers Attack Business Insider Posted by Tom Foremski - September 26, 2011 (A photo from a Business Insider story.) This was interesting: Felix Salmon, the Thomson Reuters journalist blogger recently used his blog "Felix Salmon- A slice of lime in the soda" to attack Business Insider, the news site based in New York City and founded by Henry Blodget, a former Wall Street analyst (now barred). Mr Salmon didn't attack Business Insider personally but allowed Ryan McCarthy, a colleague to write this post: Business Insider, over-aggregation, and the mad grab for traffic. The article was in response to news that Business Insider had raised about $7 million. The 60 strong Business Insider reports that it has more than 12 million pageviews a month, a very strong showing. Mr McCarthy writes that some of this pageview count is built on the work of others and that some Business Insider stories are mostly rewrites of other news stories. He acknowledges that Business Insider also has good original reporting. I can answer that one.
Craig Newmark: CraigConnects for journalism It’s hard not to be curious when the man some have vilified as mortally wounding the classifieds business in newspapers gets into the business of supporting journalism. Craig Newmark’s most recently announced project, CraigConnects, is, as best as I can tell, a way of funneling Newmark’s attention capital towards (mostly) nonprofit organizations. In the way Craigslist leveraged a simple, open system to bring together people looking for stuff with people looking to get rid of stuff, CraigConnects will play a similar role in supporting work in areas like technology, veterans issues, open government and community building. And something else called “journalism integrity.” Okay, the deal is that trustworthy media really are the immune system of our country, as Jon Stewart says, “If we amplify everything we hear nothing. I swapped a few emails with Newmark, and it’s clear he sees attention as a powerful currency. What does Newmark mean by journalism integrity?
French media tweet and poke ban 6 June 2011Last updated at 18:36 In future, newsreaders will have to direct viewers to websites without naming them French TV and radio presenters have been banned from mentioning social networking sites such as Facebook and Twitter on air. The country's broadcasting watchdog has ruled that doing so would break guidelines on advertising. Stations can still talk about services without naming them, it said. The French government is seen by many internet watchers as overly keen to regulate in relation to new media and the web. In a ruling, published online, the Conseil Superieur de l'Audiovisuel (CSA), said: "Referring viewers or listeners to the page of the social network without mentioning it has the character of information. "Whereas the referral by naming the social network in question has the character of advertising, contrary to the provisions of Article 9 of the decree of 27 March 1992 forbidding covert advertising." Continue reading the main story “Start Quote Freedom of choice
L’usage d’Internet et des TIC selon l’âge (étude) 4 jan 2011 par Julien POUGET Nous nous étions fait l’écho en 2009 d’une passionnante étude de l’institut Pew sur l’usage d’internet et des TIC par les différences générations (voir ici et là) A ma grande joie, l’institut vient de publier une version actualisée de l’étude. Les principales conclusions de l’étude sont les suivantes : 1. Utilisation des réseaux sociaux (83% de taux d’utilisation pour les Y)Vidéo en ligne (80%)Utilisation de messageries instantanées (66%)Utilisation de petites annonces en ligne (64%)Écoute de musique en ligne (65%)Jeux vidéo (50%)Lecture de blogs (43%) 2. Visiter des sites gouvernementauxObtenir de l’information de nature financière 3. EmailUtilisation des moteurs de rechercheRecherche d’information sur la santéRecherche d’information sur l’actualitéAchat de produitRéservation ou achat de voyages en ligneBanque en ligneInformation religieusesNotation de produits, de services ou de personnesDonations en ligneTéléchargement de podcast Articles similaires: