The Most Valuable Spectrum on Earth

The 700mhz spectrum freed up by television broadcasters will partially be auctioned off next year and Google wants it. There is some great analysis of the rules and consequences elseware so I’ll spare my .02 cents.
My primary thought on the matter is that if the CTIA is so strenuously opposed to Google’s rule proposal, well then what Google is proposing must be good for me as a consumer.


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Consumerization of the Enterprise

When the WSJ writes a serious piece about how mainstream business users are taking advantage of consumer technologies at work, and then offers up a detailed 10 point guide to going around IT in order to do it, well you just know this is no longer limited to rogue early adopter users.

End of story? Not so fast. To find out whether it’s possible to get around the IT departments, we asked Web experts for some advice. Specifically, we asked them to find the top 10 secrets our IT departments don’t want us to know. How to surf to blocked sites without leaving any traces, for instance, or carry on instant-message chats without having to download software.

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Ivy Portfolio September Update
Ivy Portfolio August Update
Read more on Hang Lung GRP at Wikinvest

How Did This Happen?

We’re still wondering how venture investors such as Redpoint (which lost $25 million in this) and Highland (which lost $50 million) could have let this happen.

Matt is wondering how investors could have put so much into Amp’d only to see the remaining assets get auctioned off for a fraction of what was spent.

I have one word, Asera, which was valued at over $1 billion at their last round of financing, which just adds further weight to the idea that valuations in private financing events should never be considered a reliable measure of what a business is really worth.

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Bill Walsh, 1931-2007

Bill Walsh died today. If you grew up in the Bay Area in the 1980’s you grew up with Bill Walsh leading the dominant football team of the era… a team not of superstar free agents but of a team that won only 2 games in their first season. Who knew then that Walsh had assembled a team of future hall of famers.

Amazingly, Wikipedia is already updated and the news broke only about 90 minutes ago.

I’ll remember Walsh for something else altogether, he and his wife have over the years tirelessly given the use of their home in Atherton to the Vista Center (previously known as the Peninsula Center for the Blind & Visually Impaired) for an annual food and wine auction that raised a significant amount of the funding for the organization.

More on this topic (What's this?) Read more on CLP HLDGS at Wikinvest

BioDiesel at Home

Make biodiesel at home… I am not sure I would be too happy about any of my neighbors doing this because the process creates a very distinct and far traveling smell. Nonetheless, I wouldn’t worry about safety as diesel and it’s variants, like kerosene, are very stable.

The energy produced is better for the environment, producing up to 60% less CO2 than standard petrol, whilst being biodegradable. But we are not too sure having such units within homes is such a good idea in terms of safety; last time we checked fuel was quite flammable.


More on this topic (What's this?) Read more on Biodiesel at Wikinvest

Nerds : Whites Only

Though Bucholtz uses the term “hyperwhite” to describe nerd language in particular, she claims that the “symbolic resources of an extreme whiteness” can be used elsewhere. After all, “trends in music, dance, fashion, sports and language in a variety of youth subcultures are often traceable to an African-American source,” but “unlike the styles of cool European American students, in nerdiness, African-American culture and language [do] not play even a covert role.” Certainly, “hyperwhite” seems a good word for the sartorial choices of paradigmatic nerds. While a stereotypical black youth, from the zoot-suit era through the bling years, wears flashy clothes, chosen for their aesthetic value, nerdy clothing is purely practical: pocket protectors, belt sheaths for gadgets, short shorts for excessive heat, etc.
Benjamin Nugent, Who’s a Nerd, Anyway?

Wow, in addition to being socially awkward I am now being accused of being racist. I’m also somewhat taken aback that nerdism is being equated to a unique social class with it’s own membership requirements.

Jason Steck of The Moderate Voice puts it better, suggesting that it is Bucholtz who is possibly the racist:

Second, Bucholtz’ equation of “nerdiness”, which includes “conspicuous intellectualism”, with whiteness only reinforces the notion that “blackness” is anti-intellectual or at least intellectually inferior.

Invention Fund

Q A lot of folks who don’t know your model have classified you as a patent troll. Not just anybody, but even Shane Robison, the chief technology officer of Hewlett-Packard.

A That’s a strange thing. HP has a large group headed by a good guy named Joe Byers. They actively go out and demand royalties from companies for their patents. I’ve been told they make around $200 million a year. They have filed maybe a dozen lawsuits in the last 12 years. . . . It’s only fair for them to defray their R&D costs by asking people to pay for things. Because of the way the patent law works, you can ask people to pay or you can use a patent to exclude people.

I’m not saying there is anything wrong with what HP does. But my God, talk about the pot calling the kettle black. I don’t understand any difference whatsoever from HP inventing things and asking to get paid for them, and me eventually, someday, maybe I’m going to sue someone. I’ve never sued anyone. We have filed absolutely no lawsuits and have pretty significant revenues.

Nathan Myhrvold interview in the Merc, what he is doing with his new fund is actually pretty interesting. I loved the Perry Mason moment in the interview that I highlighted above.

YouTube Suckage Syndrome

YouTube under Google has been one long disappointment since the acquisition was announced last October. Where is the innovation, a better video converter and upload process, kick ass search, integration with other Google services?

Google seems to have been more concerned with copyright takedowns than creating a service that raises the bar for compelling content and integration of video into other services. And let’s face it, the takedowns are getting more outlandish as time goes on, from the 15 year old kid in Australia sending a fake takedown request to Universal demanding a woman’s video of her toddler dancing to a Prince song be taken down. Bottom line on the takedowns is that they are redefining fair use out of copyright law and it’s killing the service.

The video quality (as in technical quality as opposed to quality of content) is lagging on YouTube when compared to other services, such as MotionBox and DailyMotion, and that’s not even taking into account the remixing tools available on that service. Much of the video is itself poor quality and there’s not much they can do to improve it, but shouldn’t mean the technical capabilities only rise to the level of the lowest quality.

YouTube Streams is pretty cool but I’d really like to see this on top of a presentation service but that’s nowhere to be seen. SlideShare is a new service that does this and much more, and does it with a UI that beats the pants of anything YouTube is doing.

The social features that YouTube provides are stuck in 2004 with comments becoming unmanageable after a few dozen and a ratings system ridiculously easy to game. The search features, which should be a slam dunk for Google, are primitive and don’t facilitate effective video search.

The copyright takedowns alone are killing this service and with Google having such deep pockets to plunder it’s no surprise that we’re seeing this become the most popular new feature in the service. Personally, I’d like Google to stand up and assert fair use but I’m not optimistic we’ll see that happen.

PS- The CNN*YouTube debates were lame. In fact, the YouTube preoccupation with politics is lame…

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Social Media Strategy

I was invited to a workshop at SAP’s Global Marketing office in NYC this week, the topic was social media strategy. This was a good opportunity to think about the topic at a high level.

I would break down social media into four major areas:

  1. Blogging
  2. Twittering (I’m not sold on the "microblogging" term)
  3. Virtual worlds
  4. Social networking platforms

The blogging part is not the slam dunk that a lot of companies think it is. There are many demands for blogging channels coming from product groups, executive leadership, thought leaders, and "positive rogue" employees. Of all these the executive leadership blogs are least useful yet most often identified with corporate blogging initiatives. The product group and thought leaders categories are most productive in brand building and genuine information dissemination.

My suggestion to companies is that they skip the "CEO blog" for a couple of reasons, if for no other reason than people don’t trust CEOs to talk openly and honestly about a company. It’s been my experience that CEOs make terrible bloggers anyway because they talk in message points and not conversationally, are unwilling to address negative issues and problems, and most importantly, have little awareness of what is happening at lower levels in the company.

If your company is exploring adding blogs to the mix, focus attention on exposing product and customer support groups as a first priority. Among executives, the most interesting group to recruit are direct reports to senior executives as they are ambitious and engaged in day-to-day activities, which means that they have a lot to say that is interesting.

Don’t tell people they need to blog, instead recruit people who have a "voice" and are willing to commit the time over the duration as opposed to doing it for the first couple of weeks and then tapering off. Blogs don’t develop a readership immediately, it takes time and commitment from the people writing them.

Don’t mix personal and professional blogs on a company sponsored site. There are many low cost, or free, blogging platforms that anyone can simply sign up for and start blogging. Personal blogs on a company’s URL have several limitations, the most significant being potential embarassment to the company because of what the employee blogs about, but also becuase of the fact that a company branded personal blog is not transferable.

If that person develops a readership and following and then leaves the company they will lose that blog just as they would their company email address. A personal blog that an employee publishes on a company-sponsored domain imposes unreasonable risks with no corresponding return. Build recognition about product, marketplace, service, or program blogs.

The other half of the coin for blogging is what companies should do to promote third party blogs that center on a specific company or industry segment. Blogger outreach is not easy becuase it requires that a company let go of the notion of message control and focus on relationship building. Responding to comments in a non-marketing speak manner is key.

Twitter, and Pownce, offer some interesting new possibilities for corporate communication, and while in the early stages, there is still an opportunity for a company to get a foot in the door with little risk or exposure. These micro-blogging platforms allow for quick "snippets" of information to be published, indeed Twitter’s 140 character limit puts quite a test on linguistic creativity!

I think at a minimum companies should be looking at Twitter for conferences and events, as well as building awareness for new initiatives. If Microsoft had a Twitter profile they used to notify me of new initiatives, updates, and links to interesting content, well I would start following it.

Virtual worlds, such as Second Life, are established technologies at this point and comnpanies are finding that these worlds offering opportunities for positive interactions with everyone from employees to customers to influencers with low cost and rich interaction.

Facebook and Myspace have emerged as the dominant social networking platforms, however there are many to choose from and each offers a different attractor. Linkedin is a dominant professional network, Netvibes Universes appeals heavily to media companies because of the ability to prepackage content feeds (modules) and themes.

I’m really liking the social networks because of their inherent ability to spread information virally. Facebook groups are a great way to build a following around something not by tricking someone on clicking a link and providing information about themselves, but because someone say "hey, I actually want to make myself part of this".

We’re still in the early stages but companies like SAP are figuring out how to make these social media components a part of their bigger brand and marketing strategies. The most important observation I have is that these are the things people are doing because they are a good idea as opposed to being a salient business plan. The cost of experimenting with blogs, Twitter, and Facebook are so insignificant that it’s hard to argue that such initiatives actually merit a high degree of planning, and at any rate, overly slick facades absent of good intentions and meaningful content won’t really go over well anyway.

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