Commenting Here on Furrier.org July 12, 2009Posted by John in social media.
I have taken some time off from blogging here to work on the SiliconANGLE project. siliconANGLE has been a big success in only three months. Next week I’ll be announcing new news on SiliconANGLE.
I will use this blog to post my personal observations and random notes about my family, friends, and work. SiliconANGLE will cover the deeper tech and business opinions with some cross posting here.
Update: 3 Editors and 24 Contributors on siliconANGLE.com – Open Source Approach to Profit Sharing April 10, 2009Posted by John in social media.
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I’m really happy with the recent activity around what was launched as a side project of mine – siliconANGLE.com. As of today we have 3 editors: me, Mark Rizzn Hopkins, and Rex Dixon. Even more exciting is that we have 24 contributors signed up to blog with us.
With the growth of siliconANGLE going strong, I am announcing that 70% of all the financial revenue from the blog will go back into the siliconANGLE group and team. My goal is to reward the group with a big share in any profits so that the group can keep the mission alive – great people, great content, quality opinion and analysis. In my model a great blogger can make a good living doing what they do best – riding the “real time wave” and serving up high quality content.
I want to personally thank Randy Adams and the searchme.com team for being the 1st corporate member of this community. I have a few other proposals out for inaugural corporate members so I hope we hear from them. Being a corporate member allows us to continue the mission and be a part of this new emerging community.
siliconANGLE is not a boring group and I love the quality of the people involved. As we say the best blog post in our community is on that has an Angle or Opinion with a capital O.
siliconANGLE Demographics – Early Adopters and Twitterers February 25, 2009Posted by John in social media.
The new open project called siliconANGLE.com is a few days old and their is an interesting stat. As expected mostly tech insiders are reading the blog early on – the firefox stats speaks to that. I’m sure the mainstream sites are the opposite with IE at the top. Interesting to see Chrome on there at 9%
Browser Share on early visitors.
My New Blog – SiliconANGLE.com – The siliconANGLE Project February 22, 2009Posted by John in social media.
Introducing my new group blog siliconANGLE.com. Here is a post that explains why I’m moving my Furrier.org blog to SiliconAngle.com.
I’ve been thinking for sometime now about starting a new blog that is different than the current blogs out there today – one that adds something new, different, and interesting to the conversation.
I’m launching this new blog siliconANGLE in the effort to create a different approach to blogging and collaboration. siliconANGLE.com is a blog that promotes quality content and quality people – “the Angle” on new and interesting things about the social web and new technology.
Silicon Angle hopes to leverage all the benefits of the ‘real time’ web and the growing user base of quality professionals out there who are blogging and twittering. This blog is my hobby. It’s not funded by venture capitalists or anyone else, so it probably won’t be as big and professional like CNET, GigaOm, Mashable, or Techcrunch.
My expectations are low, and I don’t look at this as competition with the big sites, but instead adding to them – I’ll link to them often. I really want to know what I can add to this new blog and what features people would enjoy, need, or desire to see here. All input is welcome, but most likely I can’t implement all of them by myself.
The goal is to create quality content, promote ideas, and create opportunities for people and companies. We place the highest value on people that promote and create innovation, jobs, wealth, peace, and better global citizenship as well as to work for the intellectual and social achievement of society.
I’m looking forward to improving the site (yes it needs work if you have ideas then join and help make the site better), collaborating with new friend, working with other entrepreneurs, and developing “The Angle” on new ideas and opportunities.
Background – Why I’m Doing This Now
My personal blog Furrier.org has been gaining traffic over the past year where I have been posting only my opinion. I’ve been approached by many of my friends who want to post on my blog and have quality conversations with me, but they don’t want to start a blog and deal with the hassles of blogging (believe me there are tons of hassles in blogging). Fact is, most quality people think blogging is boring – unless it’s part of a group of peers. I’m now going to take the approach of peer blogging and make that the core mission of the siliconANGLE project (this blog). It will start with my friends and colleagues then include their friends and colleagues and so on. It is for people who have something interesting and deep to say – content that complements the current blogosphere and twittersphere.
The purpose is to develop The Angle with interesting and important people, ideas, and conversations.
Why create siliconANGLE? Do we need another blog?
Why create a blog when blogging seems to be so “yesterday”? Well blogging compliments the real time web in a big way. For me it’s about innovation and invention. This blog will be focused on the positive trends in entrepreneurship and new invention around the social web and technology.
Over the past year I’ve guided a few other entrepreneurs and business executives to succeed based upon my knowledge and experience. I’m looking to continue that and see if we can create a new approach to sharing experiences and knowledge to help others. My goal is to create a global collaborative hub.
This is a self-funded project, and my expectation is to take it slow at first. So I’m looking for advice, guidance, and support. Comment, email me, or join.
Silicon Angle Imperative – A Mandate To Create Positive Change
The mandate of siliconANGLE is to promote entrepreneurship, discovery, and invention to create sparks of innovation which will spawn new venture creation. The siliconANGLE group is dedicated to recognizing those ‘rock stars’ that have something interesting to say or contribute. We place the highest value on people that promote and create innovation, jobs, wealth, peace, and better global citizenship as well as to work for the intellectual and social achievement of society.
Old School Philosophy – Power of Quality
Back in the early days of blogging I realized that there is a powerful impact of publishing quality voices, ideas, opinion, and analysis of people creating new products, companies, and markets. What I’ve found is that the power of publishing about quality ideas and quality people not only creates a good user experience, but also creates relationships that can create positive change – one that causes people to connect and collaborate.
As an entrepreneur I see the value in a blog that creates a collaborative peer-group atmosphere that takes the ‘real time’ news and information and turns it into quality content with ideas, commentary, analysis, and opinion – a conversation. A conversation among peers and colleagues.
Positioning of siliconANGLE – Social Science Meets Computer Science
siliconANGLE is a place where computer science meets social science. This blog will be a open place for quality people to post content about the changes going on around the world in context to social and technology change. siliconANGLE is a place for people who want to blog without all the hassles of being a full time blogger. It’s a collaborative hub of peers and colleagues. Everyone is welcome to join, comment, and share links, but only individuals that have been vetted and approved can post.
We’ll be doing podcasts as well as blogging and twittering in topics such as news, trends, social media, infrastructure 2.0, politics, research and development, companies that are innovating, venture capital, startups, and places of innovation like Silicon Valley and international equivalents. We will have a strong editorial policy to provide the best content from the most qualified people and this will include people from companies. There is no church and state business model here. The group will allow content from corporations on any topic as long as it’s relevant. The overall mission is to promote quality and discourage useless information. The goal is to provide signal not noise.
My Favorite Super Bowl Ad 2009 February 2, 2009Posted by John in social media.
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This is my fav from the Super Bowl 2009
Tags: AOL, Infrastructure 2.0, web 2.0
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When I read the reports from Boomtown’s Kara Swisher, I had a personal sinking feeling. Now, Boomtown’s the latest memo from the CEO of AOL allowed me to just put my finger on why I’m sad by this. It’s the final ‘nail in the coffin’ of Web 1.0.
Yahoo and AOL’s storied successes are crashing down around all of us in front of our eyes. I’m deeply saddened. I know many of these people in both companies. What’s worse is the addition of thousands of newly laid off employees – the rank and file. More importantly is that the hemmorging of these companies will make their best employees (the stars) leave. They most likely will become entrepreneurs to fuel the real opportunity – Web and Infrastructure 2.0.
I’ve been writing the impact on venture capital and now we’ll see more people looking for jobs. We need the best talent to start companies to house these employees. Or better yet Yahoo and AOL need to cannibalize their own businesses in order to invent their new businesses. Either way 2.0 is here.
Good Bye Web 1.0 and Hello 2.0.
Tags: internet video, john furrier, Mark Cuban, p2p, P4P
Mark Cuban just ran up behind the CDNs and pulled down their ‘shorts’ exposing a BIG problem. Video on the internet is far from democratized it’s a dictatorship. For once we are not talking about the cable companies or service providers (although they have issues).
The Maverick strikes again. Where Mark does not talk about in his post is the need for a viable P2P platform now! The P4P standard group offers hope, but their motto is “No We Can’t”.
The post is worth reading but here is my favorite part ..
Lets say you have your “Worlds Greatest Concert” that you are sure can draw 500k simultaneous streams (on demand or live) . Also planning to stream a large event, lets say the first broadcast of Dark Knight 2, which the producers will stream live at the same time, and oh my goodness, the remaining Beatles decide to have their final reunion with a single live concert at the exact same time. 3 Mega events, each with an expected draw of 500k simultaneous users. Who has the greatest opportunity and the most leverage ?
Thats easy. Its the CDNs. You have so few choices of vendors that the CDNs can charge whatever they want to handle the event. And thats for one single event. You dont want to know about costs for 24×7 streaming for viewership levels of even small cable networks.
The internet is not an open video platform. Video distribution of any scale places you at the mercy of just a very few CDNs. You literally have to compete for timeslots for very large events. If you want an interesting excercise, call up a CDN and ask them how much it would cost to support an audience that is never smaller than 10k simultaneous viewers for a 1mbs stream, 24 hours a day, for 365 consecutive days. Then call up one of the satellite providers and ask how much they would charge you to deliver to 100pct of their customers, and then call up a cable company and ask the same question. Total up the cable and satellite numbers and compare them to the internet costs. You may be surprised to see which is cheaper.
If you have dreams of competing with traditional TV network viewing numbers using the internet, dream on. You cant afford it. You have been sucker punched by the Great Internet Lie.
Tags: Cisco, Datacenter, Doug Gourlay, Infrastructure 2.0, john furrier
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I cornered Doug Gourlay Senior Director of Product Marketing of Cisco’s Datacenter Business Unit, at the Infrastructure 2.0 event to answer my question about what he means when he says “The Modernization of the Datacenter”.
Question (John Furrier): What do you say to all the skeptics who say that you’re promoting the modernization of the datacenter because you’re in that business and that it really isn’t a problem? Is this just virtualization or is there another issue?
Answer (Doug Gourlay): It’s absolutely a systems approach. There are multiple factors. Lets take Moore’s law for instance which has proven true over the past 30 years. In datacenters you want it to last at least 10 -15 yrs. With 750x processor improvements under Moore’s law in the last 12 years yet cooling efficiencies has only grown 64x for IT assets – that is an 11 or 12x disparity. That’s why you see datacenters with racks designed to cool 4000 to 6000 watts. If I took a set of blades today I would need to cool it with only 30,000 watts. The reality is that we can draw more power then we can efficiently cool today. You either run out of space so — we made denser equipment; you ran out of cooling capacity — you bought more crack units; you ran out of power and the power company will NOT give you more. So when we talk about a modernization were talking about the underlying physical facilities that we built are being obsoleted almost every 5 yrs.
Question (John Furrier): It’s not just a Cisco issue it’s more of an environmental issue around the datacenter themselves ..the raw infrastructure the physical plant or whatever to equipment.
Answer (Doug Gourlay): That’s the biggest compelling event. how do i enable the IT infrastructure to make that facility infrastructure last longer.
PEAK IT – Big Trend in Enterprise Information Technology – IT Trend January 27, 2009Posted by John in social media, Technology.
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Some are saying that the polarization of IT is changing back to one side. You decide. Right now I’m digging into this further.
Here is the paragraph to read.
Peak IT occurs in an organization when investments in automation and productivity tools are crowded out by rising operations and management expenses. The result is a downward spiral of increasing complexity and expense and shrinking productivity as expenses continue to increase and take a growing share of budgets.
If you can understand the following paragraph then go directly to the site (via the link) and read the detailed post on “Peak IT”.
Kids On Facebook – Facebook Briefs Parents in Palo Alto: Where does Facebook’s Business Model Fit into Protecting our Kids? January 23, 2009Posted by Linda Miola Furrier in social media, Technology.
Tags: facebook, Linda Miola-Furrier, Parent For Facebook.
My kids have Facebook accounts and we have a Facebook policy in our house. I guess that you’d put me in the camp of “parents for Facebook”. As a new and avid user of Facebook and someone keenly interested in social science and child development, I attended a Facebook meeting last night with parents in Palo Alto with great interest.
Every social media network is searching for the best method to create large audience leading to large amounts of advertising revenue. With over 200 million users and increased R&D budget to develop 35 new foreign language interfaces….I would say that Facebook’s goals are clear … to increase the social graph as quickly and dramatically as possible. It is working. 70% of Facebook’s users are outside of the US. Every day new members are added. Friends of friends become friends of friends…and so on and so on. Facebook is our children’s present social communication culture. Bravo to Facebook.
How many of those “friends of friends” do you want your child interfacing with…regularly, publicly & not in the real world? Being the inquisitive parent I am, I attended a local high school Parent Ed meeting last night.
The event l was billed as an event to increase your knowledge of your kids’ cyber culture on Facebook. The Facebook employee panelist was informative enough, but I couldn’t help feel that he really didn’t “get it”. His youth was indicative of the Facebook employee culture, but I am guessing he has never worried about a child getting home safely or being stalked on the Internet.
Questions were answered relating to privacy settings & Facebook procedures for blocking inappropriate posts and or members. The slide show was informative, but didn’t really reach the heart of the matter. The high school principal spoke with us about how the administration disciplines kids who post inappropriately in the high school network. The two high school age panelists spoke to their methods of protecting and sharing their information on Facebook. Yes, interesting, but I still left the event feeling hungry for more parenting tools.
I was left wondering, who is monitoring cyberspace outside of school hours? Whose responsibility is it? Should Facebook default to the most restrictive privacy settings for minors? Wouldn’t restrictions to spreading networks be highly counter to their business goals. Is Facebook’s sharing and connecting utility and business growth plan in conflict with the best interest of the kids?
Some parents felt that the school needed to become more proactive in teaching our kids to be safe, and even went so far as to suggest a mandated course. Others indicated that the cyber businesses which interact with youth need to take more responsibility.
My take: This is a new parenting frontier – an opportunity. We are two steps behind our kids, even if we think we know what they are doing online. It is a parent’s responsibility to discipline (Latin root = teach) our children how to protect themselves. Many kids balk at the idea of sharing their online communications with parents. Until my children are 18, I am the authority. We need to set expectations for our kids & walk them through this uncharted territory with guidelines. Parents: require your children to share passwords with you. Set time aside to see what your children are doing online. Invite them to browse through their accounts with you. Ask questions and really listen.
It is only with the cooperation of the businesses, schools and parent communities that we can hope to enjoy the benefits of social networks AND keep our kids smart & safe online.
Digg Lays Off Big Chunk of Staff – Still Alot of Work To Do January 22, 2009Posted by John in social media, Technology.
Tags: Digg, Jay Adelson, Jim Louderback, recession, Rev3
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Memo from Jay Aldelson from Digg. I really love to see how companies are trying to survive. No doubt Digg will survive – Jay’s a good manager and he would have to seriously screw up royally to fail (that’s certainly possible but highly unlikely). Techcrunch says it’s growth is flat. Digg’s sister company Rev3 is hurting and has laid off staff as well. Rev3 is now being run by Jim Louderback who has media experience, but the economy isn’t favorable to video at the moment. Well see about them. (note: I saw Jim at CES and they were doing some great stuff there with NBC).
Here is Jay’s public post on Digg’s priorities in 2009: goal cut staff and focus on 5 major bullets to manage. I would have expected them to have only 3 bullets but maybe there is more coming from Jay and his team.
Wanted to reach out to folks with an update on Digg and our priorities for 2009 as well as address some of the recent speculation about our business.
As we’ve often stated over the past couple of months, given the current economic climate, we’ve made the decision to take a more conservative approach to our expansion plans and aggressively focus on reaching profitability within the year.
This means we’ll be taking proactive measures to manage our costs including a headcount reduction in certain areas that are less core to this year’s objectives while continuing to hire for roles that will help build on our leadership position and get us to profitability faster. This includes hiring a direct sales team, in addition to other targeted hires in 2009.
As part of our aggressive path to profitability within the year, I also wanted to take this opportunity to highlight some of the major priorities for the company:
- Rolling out new features to grow and engage our community
- Building on our advertising infrastructure
- Building on our successful partnership with Microsoft
- Ongoing sponsorship opportunities
- Ongoing publisher and trade partnerships
I’m confident that with commitment and focus on these priorities, Digg will be an even stronger company in 2009 and will continue to create innovative features for our more than 35 million community members. I want to thank you all for your continued support and commitment – helping us achieve our vision of the democratization of media, and revolutionizing the way people consume and discover information online.
“Build It Because They Are There” – The Real Meaning of Cloud Connect – It’s About Getting Apps Up and Running January 22, 2009Posted by John in social media, Technology.
Tags: Cloud Computing, Cloud Connect, Infrastructure 2.0, Paul Buccheit
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As I sit in the CloudConnect Event at the computer history museum (twitter stream here), I was wondering about how to talk about cloud computing and the meaning of all this. It became clear to me when I saw the Paul Buchheit post today on “Communicating with Code”.
He writes (talking about his experience with the development of Gmail..)…“From that day until launch, every new feature went live immediately, and most new ideas were implemented as soon as possible. This resulted in a lot of churn — we re-wrote the frontend about six times and the backend three times by launch — but it meant that we had direct experience with all of the features. A lot of features seemed like great ideas, until we tried them. Other things seemed like they would be big problems or very confusing, but once they were in we forgot all about the theoretical problems.”….”The great thing about this process was that I didn’t need to sell anyone on my ideas. I would just write the code, release the feature, and watch the response. Usually, everyone (including me) would end up hating whatever it was (especially my ideas), but we always learned something from the experience, and we were able to quickly move on to other ideas.”
What we have here is a real time web waiting for real time code. All of the discussion about cloud computing is really about rapid development,provisioning of resources..etc. – in the end a better product for users (hopefully). Paul talks about this in his post -Gmail turned out pretty good.
Cloud computing allows developers the ability to get “stuff” up fast. Speed and feedback is critical to success and more important than having some “hardened app” that no one wants. This is only way to develop in the web today. Success is about speed and product acceptance is dependent on that speed which drives relevance. Build a great product and it will work.
The motto “build it they will come” is irrelevant. Instead the motto today is “Build it because they are there already”. Having a robust, easy to use, easy to provision, and reliable cloud and services will flow to users for critical feedback The rest will take of itself. The good apps and services will “come to us” – Welcome to Infrastructure 2.0.
discussion on twitter via tag #cloudconnect
Recession Startups: Great Post On Innovation and Entrepreneurship – No Vacation for Entrepreneurs January 21, 2009Posted by John in social media, Technology.
Tags: David Hornik, entrepreneurship, silicon valley, startups, venture capital
I love this post from David Hornik. I guess that I have an addiction because I love starting companies – I can’t help myself. His real message is simple – many entrepreneur friends are starting companies in this market. Personally, I think that doing startups is like taking a vacation each startup is like a good journey.
The post is worth of a full posting here on Furrier.org. Thanks David for a great post.
By the end of 2008, Venture Capital had been officially declared dead. Startups were laying people off so fast that even TechCrunch couldn’t manage to keep up. University Endowments and Foundations, the source of the “capital” in Venture Capital, were hemorrhaging so badly from their public company investments that many long-time believers in “alternative assets” declared a moratorium on Venture Capital. And the IPO market was a distant memory. Good times!
Welcome 2009. The public markets remain closed. Venture investors and the investors in venture investors remain “challenged.” Follow on financings have become increasingly difficult, in some instances impossible. And, while there may well be light at the end of the tunnel, it would appear that we haven’t gotten far enough down the tunnel yet to see that light.
So why am I optimistic about investing in 2009? Because entrepreneurship is an addiction, it isn’t a choice. Great entrepreneurs aren’t driven to create companies because it is easy, or because capital is plentiful, or because the public markets are swallowing anything the venture community will throw at them. Great entrepreneurs start companies because they can’t help themselves. They see a problem or a solution or white space or an opportunity and they have to do something about it.
Innovation doesn’t take a vacation during an economic downturn. Innovation is a constant. While the resources an entrepreneur may be able to bring to bear on a problem may vary with the economic climate, the desire — the need — to innovate never goes away. And Venture Capital is the fuel of that innovation. 
So I remain excited about the companies that will be started in 2009. There will be great companies started during this economic crisis. Some of them will be born out of the crisis itself. Others will simply be born during the crisis. But, rest assured, there will be important tech companies hatched in the next year or two. And I am certainly hoping to fund them.
Some of you reading this will say to yourselves “starting companies today is so inexpensive that we don’t need no stinkin’ VCs.” More power to you. I don’t mean to suggest that innovation will die without Venture Capital. There are many great ideas that can come to fruition without a meaningfully-large capital infusion. My hat is off to the 37 Signals and Smugmugs of this world. But for those ideas that require investment ahead of revenue to reach their full potential, Venture Capital remains an important resource for company building.
Furrier.org will be at the Mediabistro User Generated Content conference. I will be covering the event and hopefully announcing some new things. I love mediabistro because it reminds me of my eastcoast upbringing – they have good content but edgy in a professional way.
Here is the info on Mediabistro’s User Generated Content Conference in February 9-10 in San Jose.
UGCX is part trade show, and part educational conference program. Conference program sessions will be loaded with successful case studies and business models in four tracks: social content, photography, video & gaming, and music. Our trade show floor will feature all the relevant vendors you need to connect with to gain new resources and tools to stay ahead of the social media curve.
Because face-to-face interaction will never be beat as a means of relationship building, we are stocking our 2-day event full of networking opportunities, so you can be sure to leave with lasting connections to help you create, use, and profit from user-generated content.
Join the new media revolution. Register today.
Here are the speakers of UGC Conference
Tags: Apple, Dan Lyons, Steve Jobs
I just read Dan Lyons story backpeddling from his ‘toolness’ on CNBC regarding Steve Jobs. I find it funny that he is calling Steve Jobs the corporate version of Barak Obama and that he can’t do anything wrong.
Dan writes: “The fact is, in the eyes of the media, Apple is the corporate equivalent of Barack Obama—a company that can do no wrong. Even in Silicon Valley, where much of the press corps are pretty much glorified cheerleaders (think of all those slobbering cover stories about the Google guys) Apple’s kid-gloves treatment stands out. Reporters don’t just overlook Apple’s faults; they’ll actually apologize for them, or rationalize them away. Ever seen reporters clapping and cheering at a press conference? Happens all the time at Apple events.”
Steve Jobs deserves the credit and respect sure he had the Yes We Can attitude but that was a decade ago. Steve Jobs slogan is now “Yes We Did” and “We Continue To Do”. Apple is a superior company because of the leadership of Steve and his team. Barak is embarking on that path. We will see how he does (so far it looks good). Obama is far from “Yes We Did” slogan.
Dan has it so wrong on the media. Steve Jobs gets rakes across the coals all the time not on his performance as a CEO and leader (since it is stellar) but on his privacy.
Here are some more “gems of toolness” from Dan Lyons … “Imagine what it might be like if the Church of Scientology went into the consumer electronics business, and you’d have a pretty good picture of how Apple operates.”… “That’s what happened to the poor guy at CNBC. Sure, he got his share of “exclusive” 10-minute spots with Steve Jobs. You can find them on YouTube. They look like training videos for a correspondence course on bootlicking. Now, of course, the CNBC guy says he’s outraged. He sputters about how Apple has been irresponsible and “deplorable.” His pals at Apple won’t care. They’re already moving on to the next useful idiot. Among the Silicon Valley press corps there is no shortage of them.”
Entire Offer Letter For Carol Bartz New CEO of Yahoo January 15, 2009Posted by John in social media.
Tags: Carol Bartz, CEO Offer Letter, yahoo
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I would have taken the job for $500k and 2.5 million shares. Well their email must have hit my spam folder.
Here is her offer: I wish her the best of success. I’ve been a big Yahoo fan and hope they can turn that ship around toward calmer waters.
701 First Avenue
Sunnyvale, CA 94089
/s/ Roy Bostock
Chairman of the Board
/s/ Carol Bartz
|January 13, 2009
Employee Confidentiality And Assignment Of Inventions Agreement
Proprietary Information Obligations Checklist
Code of Ethics Acknowledgement
|(a)||any person or group of persons (as defined in Section 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) together with its affiliates, but excluding (i) the Company or any of its subsidiaries, (ii) any employee benefit plans of the Company or (iii) a corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company (individually a “Person” and collectively, “Persons”), is or becomes, directly or indirectly, the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act) of securities of the Company representing forty percent (40%) or more of the combined voting power of the Company’s then outstanding securities;|
|(b)||the consummation of a merger or consolidation of the Company or any direct or indirect subsidiary of the Company with any other corporation or entity regardless of which entity is the survivor, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or being converted into voting securities of the surviving entity) more than fifty percent (50%) of the combined voting power of the voting securities of the Company,|
|such surviving entity or any parent thereof outstanding immediately after such merger or consolidation; or|
|(c)||consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets, provided, however, that a sale of the Company’s search business shall not constitute a Change in Control.|
|(a)||you pay the “full cost” of coverage for you and any eligible dependents, which is expected to be the COBRA premium (as adjusted for secondary status to Medicare after you attain age sixty-five (65));|
|(b)||you shall no longer be eligible for the coverage hereunder if you commence employment with another employer that has a medical plan for which you are eligible under the general terms of the plan;|
|(c)||upon your attainment of age sixty-five (65), this coverage shall only be available if you are unable to obtain a Medicare Gap policy (or to the extent necessary to cover your current spouse while you are married to him and he is unable to obtain a Medicare Gap policy and your current children who would be eligible for coverage under the plan if you were an active employee if they do not have other coverage); and|
|(d)||upon your death, either prior to or after your coverage under this arrangement commences, your current spouse if you are married to him at the time of your death (if he does not then have other coverage or the ability to obtain a Medicare Gap policy) and your children who are eligible dependents at the time of your death (if they do not then have other coverage) shall have the right to this coverage respectively, for life in the case of your spouse and while they are eligible dependents in the case of your children, subject to the same conditions as above, but no coverage shall be provided for any future spouse or children of your spouse or any children or spouse of your children.|
Look At This Social Media Advertising Done Right – Vertical Advertising Is The Model January 15, 2009Posted by John in social media.
Tags: Air Force, online advertising, social media, Vertical Advertising, Volomedia
For those who follow my blog know that I’ve been a big proponent of social media, but the problem is results and measurement. Airforce is doing something innovative with their agency and Volomedia. I really like this announcement from G4 and Volomedia. Volomedia has signed up a big publisher and a big advertiser to insert ads in portable media and video. The best part is that it work on ITunes and the Iphone. I’ve talked about this before around how iTunes (and IPhone) now has a business (revenue) model.
Comcast’s G4 cable television network and Web site G4tv.com have begun working with VoloMedia to insert ads into the 300 podcast videos distributed monthly through about 23 feeds. The ad network began placing ads for the media giant last month, targeting young gamers.The U.S. Air Force placed the first ads in G4’s podcasts: Attack of the Show, X-Play, and Game Trailers. Sunnyvale, Calif.-based VoloMedia’s new vertical business, Video Game Podcast, supported the ad campaign created by GSD&M Idea City, the advertising agency for the Air Force.
What Does This Mean? Why is this important?
Vertical media works. The trend is away from individual sites or blogs but instead to ‘blanket the vertical’ with brand messaging. In turn effective reach in a vertical hits enough critical mass that brand equity translates. Said another way the most effective way to leverage things like blogs and podcasts is to ‘buy’ the vertical. The dynamics of social networking and social media create an opportunity to hit alot of people in the affinity group. What’s even cooler about this announcement is not only reach but measurement. This is a good move by the Airforce to get a vertical – here it’s gaming as the ‘contextual’ proxy for audience affinity. It’s a no brainer that gamers are their target audience, but instead of going for silo’d conversion, Airforce is going for blanket coverage in the vertical or affinity group.
I predict this is the way the world will go very quickly. Vertical media advertising. This is a great program for brand advertising, and it has measurement. I am sure it will be a success.
Tags: CEO, jerry yang, silicon valley, yahoo
Yahoo Inc. is expected to announce that Carol Bartz, former chief executive of software company Autodesk Inc., has accepted an offer to become the Internet company’s next CEO, according to people familiar with the situation. Boomtown’s Kara Swisher was the first to break this and now it looks like Kara had her ear to the ground in the right spots.
Hiring an operational Silicon Valley insider is a good move for Yahoo. What Carol needs to do is filter the signal from the noise internally at Yahoo. I’m sure everyone there is jockying for position. Carol needs to hire from the outside and bring in some ‘mavericks’ to get Yahoo relevant again in both the product side and the corporate side. She has a big job ahead of her. I think the thing that no one is talking about is that she makes a great partner to Jerry Yang who obviously has the desire to make Yahoo great again.
From WSJ today. Ms. Bartz, 60 years old, will face a number of challenges as she tries to turn around Yahoo’s flagging performance and stock price. Some investors have been lobbying for a break-up of the Internet giant, for instance. Yahoo faces tough competition from Internet rivals such as Google Inc.
Ms. Bartz still serves as executive chairman of Autodesk, of San Rafael, Calif., which she ran as chief executive from 1992 to 2006. Autodesk is around half the size of Yahoo, with approximately 7,000 employees world-wide.
Ms. Bartz was also an executive at Sun Microsystems Inc. and she sits on the board of Cisco Systems Inc., with Mr Yang. She is also a member of the Intel Corp. board with Yahoo President Susan Decker, who was also interviewing for the CEO job.
In afternoon trading, Yahoo’s stock fell 2% to $11.96 on the Nasdaq Stock Market. The stock remains well below its 52-week high of $30.25.
Ms. Bartz’s appointment will likely reopen questions of Yahoo’s strategic direction, potentially clearing the path for the company to restart negotiations with Microsoft over a sale of its search business. Microsoft CEO Steve Ballmer, who tried and failed to buy Yahoo last year, has publicly said in the past few weeks that a search deal with Yahoo should be made when there is a management transition at both companies. Microsoft late last year hired a Yahoo search executive Qi Lu to lead its Internet business.
Ms. Bartz and Yahoo’s board will also have to turn to other ways to right the business, which is being hurt further by the down economy. That could include striking a deal with another partner like Time Warner Inc.’s AOL or divesting of smaller business units.
With these major strategic questions in mind, Yahoo’s board focused its CEO search on experienced executives with deal and operating experience, according to people familiar with the search. Yahoo Chairman Roy Bostock led an informal committee of directors in the search; the group also included Frank Biondi, the former chief executive of Viacom Inc. Directors quickly zeroed in on a short-list of external candidates, such as former Vodafone Group PLC Chief Executive Arun Sarin, among others.
Web 2.0 Revenue Models ?? Drama 2.0 Weights In January 12, 2009Posted by John in social media, Technology.
Tags: online advertising, social media, web 2.0
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Web critic blog – Drama 2.0 has a post about the realities of Web 2.0. Not to toot my own horm but if you’re interested in Web 2.0 business models just read my posts from the past 2 years – the monetization answers are there.
Here’s the conclusion that Drama 2.0 came up with – pretty right on.
As we head into 2009 facing one of the toughest economic environments in decades knowing that the fun and games are over, it’s time to face the reality: the Web 2.0 we have today is not the Web 2.0 we envisioned a few short years ago.
The most popular Web 2.0 creations have not been cheap to grow and operate. They’re still struggling to find revenue models that will serve as the foundations of self-sustaining businesses and even those startups that generate significant revenue in absolute terms (namely Facebook) cannot justify the valuations they’ve been given. And profitability is still largely a pipe dream.
While it’s possible that Web 2.0 stars like Facebook, Digg and Twitter will turn things around, it’s quite clear that these companies are not like many of their hot Web 1.0 counterparts, which, despite having to battle challenges of their own, were able to develop viable revenue models and turn a profit relatively early on.
Given all this, for Web 2.0 proponents who continue to make the same asinine argument, “Don’t treat Web 2.0 like Web 1.0!”, it’s 2009 and I concede defeat. Web 2.0 is not like Web 1.0. It’s in a special (ed) class of its own.
CES 2009 Thoughts and Observations January 9, 2009Posted by John in social media, Technology.
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I have been on the ground here in Las Vegas at CES 09 since Wed morning. I am not rapidly blogging the show because the flow from the news outlets are good enough (G4 has good coverage). I’ve been busy in meetings all day everyday and wanted to share my observations.
CES is not dead. In fact the focus seems more peaked than ever. There is a real emphasis on doing deals not a lot of BS.
Social media has evolved to be bigger than ever. I really enjoyed watching the social media stars letting down their hair (Sara Lacy and Julia Allisson) at the after hours parties. Check out Brian Solis for all the photos.
Intel in spite of their bad finanical results is showing some great stuff – it’s seems to all be coming together with Intel’s stuff – WiMax, Widget TV, tons of intelligent embedded technologies at their booth.
Convergence is still happening
New marketing trends developing and all have social media components
The WiFi is horrible here at the show – I’ve been relying on my iPhone for internet access.
Twitter is huge for coordinating among all the social events and helping participants navigate the show.
All in all a very good CES this year.