Venture Capital & Technology Charlie O'Donnell Venture Capital & Technology Charlie O'Donnell

Why trying to Out-Google Google is a search for FAIL (and how to actually do it)

When there's an 800 pound gorilla in your space, trying to steal bananas isn't exactly the smartest approach.  You figure out what he's not eating, and you start nibbling.  Before you know it, you're eating just as much as he is and wouldn't you know it, one bad banana crop and he's toast. 

So when I hear that someone wants to build a better search engine than Google, while I don't think it's impossible, I question along what lines they're trying to do it.  Can you really do it by indexing more pages than Google?  I find that hard to believe, because an infrastructure arms race with Google seems like a bad idea--no matter how efficiently you think you can manage your crawling costs.

Smarter algorithms?  Maybe, but isn't algorithm quality a function of sheer brain power of your search team?  Again, this isn't where I want to take Google on head to head.

No, where I think you can beat Google, or at least make some headway on them, is with people.

At the end of the day, computer interpretation of human behavior and desires is what drives Google.  You could attempt building a bigger or faster computer, but no one computer is really going to be able to interpret people better than, well, people.

That's why del.icio.us had so much potential.  Google could never figure out what was funny or interesting, but del.icio.us could. 

To me, it's also the reason why Firefox gained so much ground against Internet Explorer.  It wasn't that smarter people work on Firefox--it's that more people worked on only the things they cared about, solving problems for themselves.  The best ideas floated to the top and became part of the codebase.  Things got addressed that weren't a priority for the IE team, but that more engaged users had keen insight into the value of.  The more you directly involve people--at scale, which isn't easy--into the process, the better your product is, because your product is made for people.

So, right now, Cuil and a number of other startups have teams of a handful of people who are supposed to know better than all the Google people what users want out of their search and how to search better.  Why not, instead, open up the process to something more open source--more Firefox-like?

Here's what a more collaborative approach to building a better search engine might look like:

Backend:

Outsource just the basic crawl to Amazon, because they've probably got the best shot at competing cost effectively, but enable outsiders a chance to add elements to the crawl.  So, if you have a way of categorizing pages, like Cuil says they do, add that ability to the Amazon powered crawl, and your special taxonomy and tags will be available for anyone to access, work on and improve. 

Let others use your infrastructure to target specific pages with a different type of crawl and contribute to the results.  In other words, let Indeed and others run their crawlers on your infrastructure, so that the barrier to create new attempts at search isn't set artificially high.  This will make a lot more sense when we talk about Plugins.

Plugins

There are lots of different types of search that Google just doesn't do well, like jobs and events.  This has given rise to some opportunities in the vertical search market   Let's take that Indeed example.  Right now, Indeed searches jobs much better than Google does, so why not enable Indeed, Simply Hired or anyone else crawling jobs to outline what represent job keywords and searches, and automatically provide results for them.  You could even randomly rotate which job search engine plugin powers your job search and let them duke it out for highest clickthrough rates, or allow the user to set a default. 

Basically, a "plugin" would be a hosted version of the third party crawler that gets sent queries based on their structure, keywords, etc., and gets to send back all the results they can, as well as gets the opportunity to advertise against them.   So, in our "open source" search engine, when I type in "marketing jobs, new york, NY", instead of getting a page of links to search engines for their marketing jobs queries--i.e. an "extra click"--I'd actually get jobs as my results, and Indeed powered job ads.

The same could go for movies.  How many times do you type a movie name into Google, knowing full well that IMDB is going to be the first result?  Why not allow IMDB to be the movie plugin?  They could directly provide structured results for all the actor and movie queries and be allowed to advertise against them.  This way, you eliminate the Google middle man when all you were really trying to do was reach IMDB in the first place.  All you'd need are some standardized display templates for results, which could also allow some interface flexibility for different types of queries, like videos or location searches on local maps.

People could build other types of plugins, like one that would automatically display RSS results when blogs came up high in your ranking.  I get Google results for "Charlie O'Donnell's blog"...  let Newsgator build that plugin and power it with all of the clickthrough data on what my interesting most recent posts were.

The system of sending queries to the right search tool would be a kind of AdWords platform, but a level up the chain.  Instead of a marketplace for advertising next to one kind of search result, you'd have a marketplace of search results, each coming with their own ads in tow (or using a default ad platform that anyone could use.)  You could attempt to "buy" certain keywords to put your search results next to them, but you'd have to get good clickthrough performance to keep appearing.

Personalization

You'd definitely allow users to add their own scripts and plugins, as well as have them contribute other types of data.  Let me pump in my blog, my del.icio.us tags, twitter feed, etc. in an effort to teach the search engine all about what I like.  Let me remove results, follow my clicks... learn about me (and my friends) as I go along.

 

The company that should really get into this is Yahoo!  They couldn't out-Google Google on search or monetization, so they should just crack open the whole thing and let the community and other companies have a shot at it.  They could be the default ad network for searches that weren't powered by plugins...   and they could strike deals with plugin providers to take a smaller cut than Google would have had on ad clickthoughs. 

If not, I still think it would make for a pretty viable community project.  Hell, maybe Mozilla should be the one to work on it, or are they getting paid too much by Google for Firefox default search to rock the boat there?

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Path 101, Venture Capital & Technology Charlie O'Donnell Path 101, Venture Capital & Technology Charlie O'Donnell

Real apps for real people with real problems

"So we are thrilled to be an investor in a company that has been organized since its inception around the key insight that we believe will drive the next several years of innovation on the web – the need to solve real problems in the real world for real people."   - Brad Burnham on USV's Investment in Meetup

 

If only there were other companies solving real problems for real people.

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Charlie O'Donnell Charlie O'Donnell

Delivery Fail


Delivery Fail, originally uploaded by ceonyc.

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Venture Capital & Technology Charlie O'Donnell Venture Capital & Technology Charlie O'Donnell

Free Business Plan: Grease this post

Have you ever written something you really thought had a chance to go viral.  Maybe it wasn't even linkbait--it was just something you thought was really original and thoughtprovoking, and if only the right handful of people, or a critical mass of your friends caught onto it, it would take off.

So what do you do?

You bite the bullet and you start asking for people to Digg it.  Ugh.  There's nothing worse than being a social media panhandler.  It makes you feel stripped of your authenticity.  You might as well be pushing Rolexes.

So, what if, instead of blowing so much social capital on Diggbegging, you could easly throw a few bucks towards it to get it in front of the right bloggers.

Feedburner had something a little bit like that--where you could figure out what the CPMs were on your blog and advertise your feed in the feeds of other people in order to try to get more users. 

For businesses, easy tools like Clickable are really lowering the overhead it takes to have your own SEM strategy.  What individual contributors need is a kind of mini-Clickable right at the point of creation.  How great would it be if, right next to the publish button, there was another button that said, "Do you want to invest $10 in driving relevant traffic to this post?"  The money could be used to not only do search placement, but sponsored placement as "Suggested sponsored links" in front of bloggers talking about the same things.  They wouldn't get paid to reblog, so it wouldn't be like PayPerPost--you'd just be paying to get in front of people who are likely to reblog the idea.  

Another aspect of this is a better way to actually get your friends to reblog, Digg, tweet, etc. on your behalf.  What if I could sent one link around that gives people a menu with the minimum number of clicks necessary to spread it.  They could have their blog id/password, twitter password, digg, etc. already saved, so all it would take are some checkmarks and some additional optional descriptive copy in a few places and press "spread".  There are lots of times I would reblog something relevant that my friends send me, but I just don't have a lot of time to crack open the blog editor, do the appropriate cutting and pasting, etc.  This would come in especially handy when people send me jobs to repost.  I'd repost most of the jobs that people send my way, but it's kind of a pain in the ass.  If I could create a trusted list of friends that are allowed to repost their job ads to my blog, and maybe even aggregate them, I'd pre-approve people to do it.

Because who really wants to be a social media panhandler?

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My 50 Favorite Movies Charlie O'Donnell My 50 Favorite Movies Charlie O'Donnell

Why I didn't really think Dark Knight was all that great

I seem to be the only human being in the world, but I was kind of disappointed by the Dark Knight. It was still a good movie, but definitely wasn't as good as Batman Begins. I don't know if it tried to do too much, but midway through the movie, I kept thinking that there was just too much plot going on here. I thought that truck flip scene was going to be the "final standoff" but there was still like an hour left in the movie.


It wasn't so much that there weren't good parts, but there were too many things that bothered me for this to get anything more than a 7, whereas the first one was close to a 10.

 

Here's what I didn't like:


1) Who is the Joker? In the original movie, we get the Joker backstory. The Joker was Jack Napier--an ambitious thug who falls into a vat of chemicals and gets a backalley hack to try to fix his face--only to leave that ridiculous smile on him. This time, we get nothing but the Joker keeps asking people "Wanna know how I got this scar?" and keeps coming up with new versions of the story. That's completely annoying because these new movie versions are all about the backstory. I wanted to know.


2) The whole Rachel Dawes character is a failure. What exactly did she do to warrant the love of two great men?  Why does Bruce Wayne love her?  Because they played together as little kids?  She's kind of vapid in this one--barely even caring that Harvey Dent nearly gets blown away in the courtroom. (The gun just happened to misfire right? Am I the only one that thought everyone should have reacted a little more to that?) I didn't care at all when she died. Not only is she no MJ from Spiderman, who I think we all fell in love with, but Maggie Gyllenhaal looks distractingly like Kirsten Dunst.


3) I really hate the Batman voice. Why is Christian Bale doing his worst Al Pacino impression under the cowl? It didn't bother me so much in the first one, because Batman doesn't really have a ton of dialogue, but in this one, it just gets silly.


4) The Batcycle is Bat Feature Creep. I was waiting for the back wheel to get blown off so it could get converted to the Bat Segway.


5) Too much obvious foreshadowing. How many "face" references to Dent were there? Face of Gotham? Hmm... I wonder if he becomes Two Face at the end? Lucky for him that Two Face was already his nickname!


6) Phone sonar: We've seen that effect before--in DareDevil, when it rains.


7) The Bat copycats expose us to the silliness of the idea of a guy running around dressed as a bat. What I thought was amazing in the first one was how believable the origin story of a guy in a bat costume was... Like I could actually see it happening and not being silly. When the copycat asks Batman what the difference between him and Batman was "I'm not wearing goalie pads" can't be the answer, otherwise Batman really is just a guy with a boatload of cash and military equipment.


8) Since when do all of the killings in a superhero movie have to be accounted for?  I hate the idea that Batman has to take the blame for Dent's murders.  Did he really kill 5 or 6 people?  I wasn't counting?  Are they counting Morone's limo driver, too?  Who cares who killed a mob limo driver?  Can't they sweep that under the rug?  Leave it as a cold case?   


9) His death was tragedy--no doubt. But, just in terms of his performance, I honestly thought it was kind of understated. When I think psychopath in clown makeup, I'm thinking REALLT creepy. Robin Williams was once mentioned as a potential Riddler before Jim Carrey got it, and his performances in 24 Hour Photo and Insomnia were beyond creepy--they were downright disturbing. I just didn't feel like the Joker was really that unpredictably nuts in this one. I did get my hopes up in the beginning, though. Between the "What busdriver?" line and the amazing disappearing pen, I thought we were in for a real sicko... in a funny kind of sick way. Didn't get him again until he walks out of the hospital in the nurse outfit...not much in between.

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Charlie O'Donnell Charlie O'Donnell

My recent tracks on Last.fm

The most recent tracks I've been listening to on last.fm:

Shiller by Ratatat from the unknown album. Listen to it now »

Killing In The Name Of (Losers Remix) by Rage Against the Machine from the unknown album. Listen to it now »

Underground (Busy P Remix) by Das Pop from the unknown album. Listen to it now »

Knights of Cydonia (Ocelot Remix) by Muse from the unknown album. Listen to it now »

Somewhere Down The Road by Feist from the The Hottest State album. Listen to it now »

Youthless by Beck from the unknown album. Listen to it now »

Got Body If You Want It by The Gossip from the That's Not What I Heard album. Listen to it now »

Life Is Boring (Crookers Remix) by Cazals from the unknown album. Listen to it now »

Underground (Djedjotronic & Busy P Remix) by Das Pop from the unknown album. Listen to it now »

Ce Jeu (The Twelves Remix) by Yelle from the unknown album. Listen to it now »



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Path 101, Venture Capital & Technology Charlie O'Donnell Path 101, Venture Capital & Technology Charlie O'Donnell

The other side of Paul Graham's Coin: Ideas on the kind of VC we'd like to get funded by

Paul Graham just posted some ideas on what kind of startups he'd like to fund on the YCombinator blog.  I suppose if you're already working in these areas, that's great news for you, but to be honest, if you're not passionate about one of these things already, I never believed in the idea of just methodically picking picking a sector to start something in.  Fabrice seems to be doing a bangup job at it, though, so I could be totally wrong (although his passion seems to be the methodology and the process itself, though).

Anyway,this isn't the first time one of these lists has popped up before--and I'm sure it sends a lot of entrepreneurs scrambling.  In order to provide balance in The Force, I thought it might be better to tell all the VCs some ideas about what kind of partner I'd like to fund Path 101.  Let the VC's scramble around!

So here goes:

1) We're looking for a partner who is really passionate about helping people find their callings--someone who is looked at by others as a great mentor and actively contributes their career wisdom to others.  If we're talking about our career advice tool and you have to ask, "Why would anyone answer someone else's career questions?" that means you don't actually provide that advice yourself when you get random e-mails from your school's alumni or people from your blog, etc.  We want someone who knows what it was like to not know what you wanted to do and feels like we can really make a big impact by helping people with their career.

2) We want someone who really believes in backing people.  Our product will take many public iterations before it ever feels "complete" and there are still many unanswered questions left that we will only be able to address over time.  That means, at the end of the day, you've got a team and a market.  We're sure the market of "people who aren't sure what to do with their careers" is pretty huge, so that leaves you with team as the real bet--and so we need to feel like our team has the confidence and support of our investors.

3) Someone with access to domain knowledge in our market.  It will be some time before we build the recruiting inroads to our userbase, but it would be extraordinarily useful to be able to regularly pick the brain of someone who knows the space or can open up the right doors here.  That's true for any startup--having a resource to go to in order to help grease the biz dev or acquisition wheels is seriously value add.

4) We want a user--someone who participates in the social web to the point where we say, "and this is how it plugs into people's blogs" they'll get it because they blog or know how they work, not just because "blog" is a buzzword. 

5) Someone fun!  I need to be able to pick on you via Twitter.  If we can't laugh about something, hit up a ballgame, or just kick back and genuinely enjoy each other's company, it's going to make things a heck of a lot harder.  We have a fun team (in a geeky sort of way) and we get along with each other really well.  Our backers are going to be joining that team and need to be able to get along with us.

6) A partner who can get their whole firm on board.  Obviously some level of this has to be attained to get a deal done, but sometimes partners change and other times, different partners or junior folks have something to contribute.  I'd like to be able to walk into my VC's office and have just about anyone there be interested in talking to me--and not have to feel like I'm waiting for just one person.

7) Someone principled and ethical.  We're in this because we want to make an impact on people's lives--because the difference in your life between hating what you do and really finding where you fit is huge.  We also think it can be successful, but that's not going to be from taking advantage of others or squeezing every last dime.  I want to feel like we're in good hands with a trustworthy partner and that's what I think I can offer in return.

In return, a VC will get a team that is extremely dedicated and passionate about solving a big mainstream problem with creative, appropriate solutions, that works really hard, and that they can trust in return.

Anything else I should be looking for?

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Random Stuff, Venture Capital & Technology Charlie O'Donnell Random Stuff, Venture Capital & Technology Charlie O'Donnell

Love and Startups

I want to find someone who not only loves me, but lets themselves experience love and doesn't worry about the chances of things actually working out. 

Relationships are like startups.  If you join one because you think it will be successful, versus just joining one because its interesting, worthwhile, and its something you're passionate about--regardless of its ultimate chance of success--then you shouldn't be in one.  Most relationships, like most startups, don't last forever.  They're also completely unpredictable, so you just find good people, communicate well, and do your best.

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Venture Capital & Technology Charlie O'Donnell Venture Capital & Technology Charlie O'Donnell

New goal: Meet everyone on the SA 100 List

The other day I was thinking about the NYC tech community and how most of the events I've been to lately are about up and comers, which is great, but I feel like I still have a lot to learn from those who are a lot more experienced.

So, I'm going to try to make a concerted effort to meet up with more folks that have had prior successes and try to learn from them.  Hopefully, they'll get something out of meeting me as well. 

Seems I've met about a third of the list already...  I don't know if I'll get to all of these folks (how likely is it that Barry Diller will grab a Jamba Juice with me, right?), but given the aggregate wisdom of these folks, I think it's a worthwhile pursuit.

Here's where I'm starting from:

 

The 2007 Silicon Alley 100 1. Michael Bloomberg - Been to Internet Week kickoff at Gracie Mansion: NEVER MET 2. Barry Diller: NEVER MET 3. Fred Wilson - Worked for 4. Alan Patricof - Met at USV while he was out gathering feedback on starting Greycroft 5. Scott Heiferman - Who hasn't met Scott? 6. Tim Armstrong - NEVER MET 7. Nick Denton - NEVER MET 8. Quincy Smith - NEVER MET 9. Esther Dyson - Met through NY Angels meetings, del.icio.us angel meetings 10. Bob Pittman - NEVER MET 11. Randy Falco - NEVER MET 12. Ken Lerer - NEVER MET 13. Alan Meckler - NEVER MET 14. David Liu - I really want to meet David, b/c I make comparisons between Path 101 and TheKnot all the time. - NEVER MET 15. David Rosenblatt - NEVER MET 16. David J. Moore - NEVER MET 17. Dave Morgan - Awesome guy, met through USV 18. Mike Walrath - NEVER MET 19. Jim Cramer - NEVER MET 20. Martin Nisenholtz - Met at first USV Sessions... shook hands, didn't chat long, but close enough. 21. Marc Cenedella - Met at Laurel Touby's networking breakfasts 22. Ken Bronfin - NEVER MET 23. Andrew Ross Sorkin - NEVER MET 24. George Kliavkoff - NEVER MET 25. Jeff Jarvis - Met at breakfasts, meetups, airports, SXSW, Twitter, and he's a Path 101 angel 26. Tom Clarke - NEVER MET 27. Brad Burnham - Worked for 28. Beth Comstock - NEVER MET 29. Saul Hansell - NEVER MET 30. Mel Karmazin - NEVER MET 31. Bob Bowman - NEVER MET 32. Stephen Rattner - NEVER MET 33. Lockhart Steele - NEVER MET 34. Herb Allen III - NEVER MET 35. Tom Glocer - NEVER MET 36. John Borthwick - Met at Betaworks lunches 37. Strauss Zelnick - Was supposed to meet him when a placement agent was showing his fund around and I was at GM, but NEVER MET. 38. Wenda Harris Millard - NEVER MET 39. Jason Hirschhorn - NEVER MET 40. Jacob Weisberg - NEVER MET 41. Peter Rojas - Seen him around USV and conferences and stuff, but never actually talked to.  I'll count that as NEVER MET, b/c he seems like a cool guy. 42. Sarah Chubb - NEVER MET 43. Mitch Davis - NEVER MET 44. Seth Godin - Met lots of times at USV 45. Eric Hippeau - NEVER MET 46. Jed Katz, Ross Goldstein - Met Jed at a breakfast, haven't met Ross - SPLIT MET 47. Doug Lebda - NEVER MET 48. Mika Salmi - NEVER MET 49. Sal Iannuzzi - NEVER MET (but obviously should :)  ) 50. Robert Kalin - Met lots of times through USV's investment in Etsy 51. Are Traasdahl - NEVER MET 52. New York Post Business Team - NEVER MET 53. Jeffery Boyd - NEVER MET 54. David Kenny - NEVER MET 55. David Kidder - Met a few times, but we're supposed to do lunch... Let's get that up on the cal, David! 56. Michael Yavonditte - NEVER MET 57. Jonathan Shapiro - NEVER MET 58. David Card - NEVER MET 59. Fabrice Grinda - Met lots of times, though USV, various meetups, breakfasts, etc. 60. Dany Levy - NEVER MET 61. Howard Lindzon - Howard's a cool dude... met. 62. Randall Rothenberg - NEVER MET 63. Robert LoCascio - NEVER MET 64. Jonathan Miller - Saw him speak once, but NEVER MET 65. Ralph Bartel - NEVER MET 66. Jeffrey Citron - NEVER MET 67. Laurel Touby - Laurel's great... she never remembers me when I see her, but she never remembers anyone.  68. Danny Stein - NEVER MET 69. Sascha Lewis - E-mailed, talked on the phone, never met in person, but that will happen I'm sure sometime. 70. Connected Ventures Team Met them. 71. Charlie O'Donnell - I hear this guy's pretty cool. 72. Stephen Messer - NEVER MET 73. Adam Benjamin, Roger Jehenson - NEVER MET 74. Jason Rapp - I actually think I have met Jason, but I'm not 100% sure.  Push.  75. Anthony Noto - NEVER MET 76. Jason Calacanis - Met before I knew who he was, at a Tae Kwan Do tourney...and then met several other times at tech things. 77. Steven Johnson - Met at USV annual dinner, and he took me to lunch once while I was getting feedback on Path 101.  Awesome guy. 78. Jen Chung, Jake Dobkin NEVER MET 79. Jim Spanfeller NEVER MET 80. Dina Kaplan, Joel Smernoff Who doesn't know them? 81. Daniel Klaus NEVER MET 82. David Jackson - NEVER MET 83. Howard Morgan, Josh Kopelman - Met at NY Angels meetings and on the other side of the table from Josh. 84. Bernard Gershon - NEVER MET 85. R. Michael Leo Met at a breakfast and some other tech events 86. Ben Lerer - NEVER MET 87. Sanford Dickert Another "who doesn't know..." guy. 88. Graham Hill - Met at Laurel's breakfast 89. Lindsay Campbell - Interviewed by Lindsay for WallStrip... accidentally, but still counts. 90. Roger Ehrenberg - Path 101 angel 91. Daphne Kwon - Met at USV 92. Simon Assaad, David Carson - NEVER MET 93. Robert Levitan - NEVER MET 94. Kenny Rosenblatt - NEVER MET 95. Herb Scannell NEVER MET 96. Andrew Rasiej - Met at various tech events 97. Allen Stern - Met at meetups and nextNY events 98. Richard Fernandes - NEVER MET 99. Scott Kurnit - NEVER MET 100. Amol Sarva - NEVER MET

 

Bonus: The Newcomers list

Ariane de Bonvoisin, First 30 Days - Met her at Laurel's breakfasts, but she's lovely.  I'd meet her again in a heartbeat.
Jonathan Butler, Brownstoner - NEVER MET
Court Cunningham, Yodle - NEVER MET
Rich Greenfield, Pali Capital NEVER MET
Darren Herman, The Media Kitchen - Played dodgeball with and against him, and he's a Path 101 angel
Mike Hudack, Blip.tv - Met lots of times - cool guy
Alex Iskold, AdaptiveBlue - Met several times, part of the USV fam
Michael Jackson, IAC - Never met
David Karp, Tumblr - Met...  Meeting David at the W should be on everyone's NYC tech scene todo list.
Alexis Maybank, Gilt Groupe - NEVER MET
Caroline McCarthy, CNET - She needs to play dodgeball with us... obviously met.
Douglas McIntyre, 24/7 Wall St. - NEVER MET
Scott Meyer, About.com - NEVER MET
Betsy Morgan, Huffington Post - Just met at Laurel's breakfast
Chris O’Brien, Motionbox - Met several times
Anand Subramanian, ContextWeb - NEVER MET
Andrew Weinreich, MeetMoi - Met at USV
Nate Westheimer, RoseTech - Duh
Bryan Wiener, 360i - NEVER MET
Benjamin Wolin, Waterfront Media - NEVER MET
Jeffrey Zeldman, Happy Cog Studios - NEVER MET

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Charlie O'Donnell Charlie O'Donnell

My del.icio.us links

Links I've recently tagged on del.icio.us:

openpandora - OpenPandora Download: Nice... a standalone Pandora client! (for windows)

I tagged it with: last.fm, music, pandora, player

Chatterous raises angel funding to integrate email, instant messaging and SMS » VentureBeat: Good for them! We've been using Chatterous here at Path 101 and really love the product.

I tagged it with: chatterous, funded, startups





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Path 101, Venture Capital & Technology Charlie O'Donnell Path 101, Venture Capital & Technology Charlie O'Donnell

Sign us up, VC Mike: The Burn/Risk Ratio

Mike Hirshland nails how I feel about the timing of Path 101 (except for the market part--there are more people trying to figure out what to do with their careers than you can shake a stick at):

"For the immediate future, what makes sense is to iterate and experiment. During this phase, product, market and adoption risk remains high. The idea is to learn as much as possible about all three of these, and remove a big chunk of these risks, but to burn as little capital as possible during this phase. In the experimentation phase, we want to learn a ton but spend a little.

Once we think we have learned what product will get adoption in the market, and how we will make money from this product/market match (which nearly always takes a few more iteration cycles than originally thought), we then should kick into execution mode, in order to get real live proof points that the model actually works in practice. This is the time to staff up with the team necessary to go to market.

But until then, no need for the bus dev and sales guys that had been in the plan."

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Politics Charlie O'Donnell Politics Charlie O'Donnell

Is it Obama's Racial Divide Issue, or McCain's?

Headline from the NYT:

Poll Finds Obama Candidacy Isn’t Closing Divide on Race

 

Now, let's actually look at the numbers...

According to their polls, 31% of white people have a favorable opinion of Barack Obama.

...but only 35% of white people have a favorable opinion of John McCain.

Overall, 62% of whites either have a favorable impression of Barack Obama or don't know enough.

...and only 70% of white people feel that way about McCain.

 

I don't know about you, but these numbers don't really show me a big divide on race.  So, basically, 37% of white people don't like Obama, while 28% of white people don't like McCain.  Hmm... I wouldn't exactly call that a huge racial bias against Obama--9%  Really?  Big whoop.

There is a big racial divide in this election, though... but its not what you think.

57% of blacks don't have a favorable impression of John McCain.  In fact, only 5% do, and the rest are undecided.  So, blacks dislike John McCain by almost a 2:1 margin over whites not liking McCain.  Over six times as many, by percentage, whites like Obama as blacks like McCain.

 

So who's really the racially divisive one?  Seems to me it's John McCain.

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Teaching, Venture Capital & Technology Charlie O'Donnell Teaching, Venture Capital & Technology Charlie O'Donnell

Smart thinking about alumni social networks

"Telling alumni what tools to use, and how to use them is old school, and they won't care one way or the other that we have certain information on our web sites...We must let alumni build their own online activities, using a framework we provide for the purpose of enabling that process."

- Andrew Shaindlin - Alumni Futures

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