Social Networking Archives - Page 3 of 18

LinkedIn: One Billion Dream Dollars

Posted on June 17, 2008 ·

Yes, I like LinkedIN, and am one of the very early users, from the early days before social networks become trendy. Simply because, unlike some of the more fashionable networks, I actually found it useful for business.

But is it worth One Billion Dollars? Apparently it is – if you ask Bain Capital Ventures, Sequoia Capital, Greylock Partners, and Bessemer Ventures, who just invested a whopping $53M with the even more whopping $1B valuation. $53 million is a decent exit for some startups – but LinkedIN has about $100M in annual revenues. Still, I really wonder what kind of stratospheric exit (IPO) valuation the current investors expect.

Or perhaps Kara Swisher is right:

Why go public when you can just pretend?

Exactly.

Update (6/18): In celebration of entering the Billion-Dollar Club, LinkedIn is down.

Filed Under: Business, Social Networking, Startups · Tagged: ipo, LinkedIn, Social Networking, Social Networks, Startups, valuation, vc investment, venture Capital

One Day Left for Early Bird Rate to Launch: Silicon Valley 2008

Posted on May 25, 2008 ·

I’ve pretty much said everything there is to say about Launch: Silicon Valley 2008, a joint event of SVASE and Garage Technology Ventures.

The presenting startup applications are in, being evaluated, and thirty of them will debut on June 10th @ the Microsoft Mountain View Campus.

There is another important deadline now: Monday is the last day you can register at the Early Bird rate, which represents a $50 discount.

See you there in June!

Filed Under: Bay Area, Social Networking, Startups · Tagged: Art of the Start, business events, DealMakerMedia, Demo, entrepreneurship, Garage.com, guy kawasaki, IBDNetwork, launch silicon valley, microsoft, product showcase, SDForum, silicon valley, Social Networking, startup pitch, Startups, SVASE, Under the Radar, UtR, vc, vc Funding, venture Capital

SAP Marketing Community Virtual Meeting

Posted on April 7, 2008 ·

I’ve said before, software giant SAP is a company that “gets” social media. Heck, their Global Marketing group even has a VP focused on Social Media. He’s now running a rather unique experience on a grand scale: a virtual Marketing Community Meeting, with some 2000 SAP marketers worldwide, using a Unisfair virtual conference center.

The prelude to the meeting already started with blogging activity, using Jive’s Clearspace community platform. I’m truly honored to have been invited as part of a select group of external bloggers to participate, along with:

Now there’s only one thing missing: a link to the actual event site. I can’t link ( for now?), since it’s an internal, behind-the-firewall event. I hope Steve and team will eventually be able to review the material created here, and eventually release some (most?) of it to the general public. Not only because it represents intellectual value to share, but because it would be consistent with SAP striving to be an open, conversational company.

Update (6/4): This post is now #5 for the Google search SAP marketing. That’s insane. (but I don’t mind)

Filed Under: Enterprise Software, Social Networking · Tagged: Blogging, Clearspace, Enterprise Software, enterprise software marketing, erp, marketing, sap, Unisfair, virtual marketing, virtual meeting

DemoCrunch 2008

Posted on April 2, 2008 ·

This year’s TechCrunch 50 Conference is planned to coincide with DemoFall, the (other) premium startup Launch event.

VentureBeat attempts to (well, sort of) explain it with scheduling, but make no mistake, this is a fairly open move against DemoFall, to establish TechCrunch50 as the premier startup launch event. There’s no question that TechCrunch can pull in just about the entire VC community – in fact given the audience pricing, $2000 early bird, and $3000 regular, it’s hard to believe anyone but VCs can afford to attend. Well, VCs and students, as those with a student ID can get in for $149.

The presenting companies will not be charged – that’s a huge differentiate vs. Demo. As I said before, you almost have to be already funded to be able to afford Demo’s fees. I leave it to you to decide which one is more startup-friendly.

Of course they want a real launch show, so the one hard condition is that your product /service will have to be new (unseen) at the Conference. Several commenters are already complaining that they are launching before September, which automatically disqualifies them.

I have a solution for you “early birds”: come join us at Launch: Silicon Valley 2008 jointly presented by SVASE and Garage Technology Ventures. Five of last year’s 29 presenters received venture funding, in aggregate of $30M. That’s not $140M, but not too shabby, either.

How to participate? If by June 10th, 2008 (the day of the event) you will have a product or service available, but have not been out in the marketplace for more than a few months, then send an Executive Summary of no more than 2 pages to Launchsv@svase.org. Submission deadline: May 9th, 2008. (Garage Technology offers a useful Writing a Compelling Executive Summary guide.) Last year’s 30 (actually, 29) presenting startups were selected from 170 submissions. For details – and attendee registration – check out http://www.launchsiliconvalley.org/.

See you there!

Filed Under: Bay Area, Social Networking, Startups · Tagged: Art of the Start, auto repair, business events, DealMakerMedia, Demo, demofall, entrepreneurship, Garage.com, guy kawasaki, IBDNetwork, launch silicon valley, microsoft, Pleasanton, product showcase, SDForum, silicon valley, Social Networking, startup pitch, Startups, SVASE, techcrunch, techcrunch40, techcrunch50, Under the Radar, UtR, vc, vc Funding, venture Capital

Launch: Silicon Valley 2008 – Call for Startups

Posted on March 21, 2008 ·

Startup Entrepreneurs who did not make it to the recent Under the Radar event, here’s your second chance: join us at Launch: Silicon Valley 2008, co-presented by SVASE and Garage Technology Ventures and Microsoft.

In fact it will be more than a second chance: while the UtR event focused specifically on the business-oriented web applications, Launch 2008 is designed to uncover and showcase products and services from the most exciting of the newest startups in information technology, mobility, security, digital media next generation internet, life sciences and clean energy. The inaugural Launch event was in 2006, combined with Guy Kawasaki’s Art of the Start conference.

Are these events worth attending? It’s your call … all I can say is 5 of last year’s presenters received venture funding, in aggregate of $30M.

So if you are building the Next Great Business in the areas mentioned above, are (almost) ready for launch, meaning that by June 10th, 2008 you will have a product or service available, but have not been out in the marketplace for more than a few months, then by all means send an Executive Summary of no more than 2 pages to Launchsv@svase.org. Submission deadline: May 9th, 2008. (Garage Technology offers a useful Writing a Compelling Executive Summary guide.)

Last year over 170 companies from all around the country and even overseas applied, so clearly the presentation spots are in high demand. Based on the submissions up to 30 companies will be invited to present at the Launch: Silicon Valley 2008 event on June10th at the Microsoft Campus in Mountain View, California. Presentations slots are 10 minutes, running in 6 sessions of 5 companies each. Each presenting team will also be assigned a cocktail table in the Networking Room where they can meet with interested audience members one-on-one to answer questions and explore possibilities.

Guy Kawasaki will deliver the opening Keynote, while the closing keynote will be by Tim Draper, Managing Director of Draper Fisher Jurvetson.

The evening before, on June 9th the presenting companies, registered audience and selected bloggers and media will be invited to a Pre-Event Party at a prestigious location in Palo Alto, providing a further opportunity for networking with Silicon Valley’s movers and shakers.

Here’s a list of companies that launched new products/ services at last year’s Launch Silicon Valley event:
BooRah, Catalog Data Solutions, ClearlyBest.com, Connectance, Datamash Corp., Data Robotics ($10MM venture financing, Q3 ’07), DivinR, d.light design, Eyejot, fix8, Fog Screen,GroupScope, H3.com, Industrial Origami, Jaxtr ($9MM venture financing, Q3 ’07), Kongregate ($5MM venture financing, Q3, ’07), LogSavvy, MyShape (Undisclosed venture financing, Q3, ’07), Nuvora, Ready Solar, Redwood Renewables, Sensl, Shapewriter, Smaato, SnapJot, Spresent, TelId, Truemors, Wrike, and Yodio.

So if you are a qualifying startup Founder, remember the deadline: May 9th. Registration fee (incl. Networking Table + 2 tix) for the invited finalists is $695 if SVASE members, $850 otherwise. For audience members, Early Bird registration is available at $145 / $195 until May 19th, after which only full price registration will be possible. For additional details and later for updates check http://www.launchsiliconvalley.org/.

Guy Kawasaki called Launch: Silicon Valley “the poor man’s Demo”. SVASE proudly wears that badge, since we’re bringing this event at a price that won’t keep any startups away. It’s your turn now: send in the Executive Summary and launch with us in June.

Update (3/21): I was just informed that the SVASE site as well as launchsiliconvalley.org is down, and will likely be so for the next 48 hours. Bummer, apologies for the inconvenience. In the meantime, Executive Summaries can still be sent to Launchsv@svase.org, and the , Early Bird registration works, too.

Under the Radar Conference in Two Days – Save $100 Here.

Posted on March 18, 2008 ·

Under the Radar is the Silicon Valley’s most established startup debut platform: a conference series organized by Dealmaker Media, covering business applications, social media, entertainment, mobility..etc. The next conference, focusing on The Business of Web Apps: Where the Web Goes to Work is only two days away and Dealmaker Media allowed me to announce a few discounted tickets. Enjoy the $100 blogger discount by registering at this link only.

32 startups will present in a rapid-fire format (correction: American Idol format) they are grouped in categories of 4 each, in two parallel tracks (yes, you do have to pick one, but can switch back and forth), and each presenter has about 15 minutes. They get grilled by the judges and audience, and at the end of the conference the winners of each category are announced.

The categories and the selected startups are:

Track 1

Track 2

Business Calls

Virtualization

Get Aggregated

Manage Up

Happy Customers

Virtual Worker

Work Together

Marketing and Measurement

Last year I was on the Selection Committee to the Under the Radar Office 2.0 event, and as such reviewed over a hundred companies / products. Obviously not all could make it, so I am especially pleased to see some of them on this year’s list. Of course the real measure of success is that several presenters have since received funding, gained significant brand recognition and customers. Some are back this year as Graduate Circle sponsors:

Other than the presentations, these events are also an excellent networking opportunity amongst the 400 or so attendees, so let’s look at the attendance statistics by provided by Dealmaker Media:

Concluding the Conference, Robert Scoble will be hosting a fireside chat with Amazon’s VP & CTO, Werner Vogels to discuss the future of apps in the cloud…where its heading, who will dominate and what you should be doing now to get ahead.

The event ends with a cocktail reception, and – here’s the bonus – participants are also invited to the Opening Reception the night before at Palo Alto’s Zibibbo.

So what are you waiting for? Grab a discounted ticked while they last.

Last, but not least, this year’s Selection Committee:

Filed Under: Bay Area, Business, Social Networking, Startups · Tagged: DealMakerMedia, entrepreneurship, IBDNetwork, marketing, networking, startup pitch, Startups, Under the Radar, UtR, vc Funding, venture Capital, zoho sheet

Resumes Are Dead. Your Blog is Your Resume. (Still).

Posted on March 17, 2008 ·

I haven’t updated my resume for at least 3-4 years now. (There must be some old versions floating around, as just a few days ago a recruiter solicited me for a SAP Implementation Project – she must be especially dumb, not noticing the decade-old timestamp on my SAP qualifications.) But back to resumes: I don’t need one, and neither do you.

Even in the “old days” of writing resumes any recruiter would confirm that the single best way of landing a job was through your personal network. Top Executives, genius engineers, star salesmen, well-published academics don’t ever need to look for a job: they get invited. It’s always better than knocking on the door. Or many doors.

But now Seth Godin sets the same rules even for applicants to his internship:

Having a resume begs for you to go into that big machine that looks for relevant keywords, and begs for you to get a job as a cog in a giant machine. Just more fodder for the corporate behemoth. That might be fine for average folks looking for an average job, but is that what you deserve?

If you don’t have a resume, what do you have?

How about three extraordinary letters of recommendation from people the employer knows or respects?
Or a sophisticated project they can see or touch?
Or a reputation that precedes you?
Or a blog that is so compelling and insightful that they have no choice but to follow up?

We’ve looked at the two extremes: the top 5% whose personal reputation and network carries them on, and those who can’t really have a meaningful resume, since – unlike Ben – they are barely starting their careers. But in between is the rest of us, average Johns ad Janes, who probably have some achievements, are remarkable in one way or another … if only the world knew about it! Well, that’s the point! Most of us don’t have an extensive enough personal network, or they may be geographically dispersed, or they may not be in the right position… so how to get the word out?

Blogging changes it all. If you’ve been blogging for years, you certainly did not do it with a particular job in mind; your blog is likely to be a true reflection of who you really are, what you are an expert in, your communication skills, your priorities … YOU as a whole person, not as a candidate for a specific job – the brand called You. That’s certainly better than a resume, which is likely tailored for a particular job, and let’s face it, often “cosmetically enhanced” – no wonder it ends in the waste-basket.

You don’t have a blog? Why? Don’t you know the best time to market yourself is when you don’t need it?

Tom Peters has been saying for years:

“Regardless of age, regardless of position, regardless of the business we happen to be in, all of us need to understand the importance of branding. We are CEOs of our own companies: Me Inc. To be in business today, our most important job is to be head marketer for the brand called You“

My friend and fellow Enterprise Irregular Roth Boothby argues:

“…hiring a blogger is a lower risk proposition because you have more information and a better idea of how they are going to perform.”

He should know – he got hired twice, based on his blog. By the way, I really envy Rod’s charting skills:

It’s never been easier to build that Brand Called You: if you’re still not doing it, what are you waiting for? Start your blog today!

(hat tip: BL Ochman)

Filed Under: Blogging, Marketing / PR, Social Networking · Tagged: Blogging, blogs, brand called you, brand you, branding, brands, career, career development, career management, innovation creators, personal brand, resume, rod boothby, seth godin, tom peters, tompeters

Your Digital Friends: Less is More

Posted on January 11, 2008 ·

It’s almost two years ago that I “cleaned house” at LinkedIn, dropping from 500+ connections to about 300.

I had no clue about Dunbar’s number ( the maximum number of people one can maintain active, stable social relationships with, estimated at 150 by British anthropologist Robin Dunbar), I simply felt I had been to open accepting invitations from unknown people, and as a result, I barely recognized names on my LinkedIn contact list. I thought the very idea of LinkedIn was that it should be an online reflection of my real-life relationships.

Fast-forward two years, now we have FaceBook, Plaxo Pulse, Twitter, and a zillion of other places, and get inundated by friends request from new and new “social networks” never heard of before. Perhaps the rules changed a bit – people do “befriend” each other in cyberspace, without having met first. I can accept that to a certain extent, but I still think Dunbar’s number has merit, even in today’s world. Of course it’s not fixed at 150, for some it may be 80, for the uber-social ones 3-4-500? JP Rangaswami, blogging at Confused of Calcutta, (also pioneering adopter of social software as former CIO at Dresdner Kleinwort Wasserstein) thinks his digital Dunbar number is higher than 150:

I’ve sensed that I have a Dunbar number of around 300 in the digital world, and I’ve been delighted to find I know most of the steady ones. Over the years I’ve actually met most of the community of readers, usually at conferences. The face-to-face contact, in turn, leads to a deepening of the relationship, and we land up creating and developing links in FaceBook and Twitter.

JP is wondering if there’s a trend here, and asks his readers:

How many FaceBook friends do you have, how many regular readers of your blog, how many followers in Twitter, do you see a correlation between the three, if not why not, and so on. Do you tend to meet a core of this number on a face-to-face basis, if not why not?

I’m not a regular reader of JP’s blog – discovered this post via Anne Zelenka at Web Worker Daily, but even if I was a subscriber, I would not consider myself a “friend”. I might want to follow his ideas on Twitter (if I was twittering at all) but that’s still passive mode. I think this commenter to Anne is right:

I don’t think that “following” people on Twitter would be considered “stable social relationships”. A social relationship implies a two-way street, and in my book, one that I value with some significance. That’s not to say that online social tools can’t be part of real relationships, but you can’t just add up all the numbers and think it means anything.

Now, if I commented on JP’s blog several times, and he responded, we’d establish a form of conversation, which, over time would allow us to get an insight into each other’s mind – i.e. getting to know each other to some extent. Perhaps at that point it would be appropriate to “befriend” each other on FaceBook. (Not that I actively use FaceBook, which is increasingly becoming an advertising platform, and even before that I had found it somewhat of a time-waster.)

I still don’t think we’d be ready to become LinkedIn contacts, because that network is all about trust, and recommending / referencing “friends” in a business context. Call me old-fashioned, anti-social, but I think that level of trust requires more of a real-life relationship, so my LinkedIn numbers would be close to my Dunbar-number, the number of active social contacts I am able and willing to maintain.

Before they cracked down on them, LinkedIn got polluted by contact-hunters, so-called superconnectors who amassed thousands, in a famous case 16,000 contact records. Note the emphasis on records. It’s just that. Data records, not real relationships. FaceBook (possibly learning from LinkedIn) limits the number of contacts to 5,000, which some users, including Robert Scoble find inadequate:

I think it sucks because it isn’t scalable and falls apart at 5,000 contacts. It pisses me off more and more every day because of that scaling wall.

Robert is a celebrity, and the 5000 or so are in his fan-club. Just like the Twitter example above, he has followers, not active friends. Hyper-social or not, he also has a Dunbar-number. It may be in the higher hundreds, but not in the thousands. For the rest of us, non-celeb types, I still believe less is more, and our online networks should reflect our real-life one, instead of being an inflated collection of data records. (This line became Doc Searls’ Quote du jour).

Finally, somewhat off-topic, here’s an observation from JP’s post: he’s using to ClustrMaps to monitor and illustrate where his readers come from. I understand the concentration in Europe, and also in the US, but what I am amazed at is the picture inside the US: what is this magical East / West divide? How come his readership drops so significantly in the Western half of the US?

Update (5/29/08): How Many Friends is Too Many? asks Josh Catone @ ReadWriteWeb .

Filed Under: Social Networking, Software · Tagged: contact management, digital friends, Dunbar, Dunbar number, facebook, LinkedIn, Social Networking, Social Networks, Social Software, superconnectors, Twitter

Will Google Pull a Plaxo?

Posted on December 29, 2007 ·

Google Operating System speculates that Gmail will soon display status updates from your contacts:

It’s not very clear what kind of updates you will receive, but they’re probably the latest important actions of your contacts from different Google services.

Ionut says based on reading some Google code that users will be able to delete updates – now word whether there will be a “Big Switch” to opt out globally. The functionality itself would be closer to Facebook’s newsfeed, the reason I am comparing it to Plaxo is that Plaxo became a metaphor for spam in its early years, and it is back at it now, with all the unwanted Plaxo Pulse notifications.

The contact updates, especially if it’s not easy to opt-out once and for all would be nothing but spam. What makes it even worse is that Gmail Contacts are really not contacts: anybody you answer automatically gets added to your Address Book, whether you like it or not. And guess what: there is no way to turn this off. (In fact, in the new version of Gmail -not yet available for Google Apps accounts- you can’t even delete more than 20 contacts at any given time.)

I really hope it does not happen. Gmail is the Crown Jewel of Google services, and as such, more productivity-oriented for most of us, then say Orkut or Picasa are. They can’t seriously think of clobbering the screen with garbage like that. Can they?