Tell Your Y2K Story –Ten Years Later

We’re just a few days from Y2K+10, ten years after the big scare of the whole world collapsing from a lapse in computer programming foresight. I remember it closely, I spent a few hours in the later part of Dec 1999 backing up data at the small business my wife was working at. We were able to download nearly all of her company’s (a very small office) data onto just over a dozen zip drives, remember those? Funny that we could fit nearly all the digital files onto those drives –perhaps, if Y2K fears were to happen, it’s better than uploading to the cloud. I also remember an army of Y2K consultants, and their concerns over liabilities, appear marketing how … Continue readingTell Your Y2K Story –Ten Years Later

Facebook Acquires Social Veterans in FriendFeed Deal

Update: CNN, Financial Times, NYT, and BusinessWeek captured my thoughts in their articles. Facebook makes a play and acquires Friendfeed, a sharing and aggregation tool that helps people find out what their friends are doing. Read Friendfeed’s announcement, and Facebook’s blog post. A few months ago the Facebook and Twitter deal fell apart, and Facebook knows it must open its community to the open web –not just behind a login in order to benefit from generating revenues through advertising and search advertising. This Friendfeed acquisition make sense as it’s primarily a buy of the talent and team –not so much the website itself. Why? This team of ex-googlers have roots in gmail and google maps, they know how to build scalable … Continue readingFacebook Acquires Social Veterans in FriendFeed Deal

Facebook’s Awkward Adolescence

Facebook is undergoing pubescenct changes in the next few years –from a private pre-teen to a public facing member of society —that’s what I told USA Today. Facebook initially made it’s promise to be a private community, but realizes it must now be more public to compete with the open web. Expect more awkwardness for the social network and it’s users’ over the coming years. What are the indicators that Facebook wants to grow up and be public? Previous settings allow members to allow their profile page to be public and therefore findable by search engines. Facebook launched Beacon in late 2007 that was it’s first gangly moment that resulted in public backlash as customer data was shared without users’ consent. Facebook … Continue readingFacebook’s Awkward Adolescence

Firing Your Clients –Even During a Recession

Sometimes, in a recession, the best way to increase profitability is to fire your own customers. I’ve been hearing from a few vendors and agencies, that they’re letting go of their least wanted clients. Why? During a recession, vendors are focused on being efficient with all resources, and in some cases, some clients are net negative in time, energy, resources, and morale. Some clients are net negative There’s a rule-of-thumb in the business realm that 20% of your customers will comprise of 80% of your total revenues. If that model is true, then likely the inverse holds truth: the bottom 20% of your clients account for 80% of all of your resource spend. This is exactly what I heard from … Continue readingFiring Your Clients –Even During a Recession

Adapting to Change on the Reef

Left Image: I was stunned by the diversity and co-existence of thousands of species at this tropical reef exhibit Change is coming, whether you like it or not. Jive software, a company I formerly cover slashed 1/3rd of it’s workforce (see update below), likely in response to it’s own VCs suggestion to slash costs to become cash flow positive in the now famous RIP Good Times preso. Cutting 33% closer to 20% of your body off to make sure you can still float in a few years is cutting very, very deep, no doubt customer service will be impacted, and a slow down in the product roadmap. (Update: I spoke to Sam Lawrence of Jive’s marketing last night, and learned … Continue readingAdapting to Change on the Reef

Compare and Contrast: Dot Com Bust and Web Two Point Doh

I’m spending my quiet time thinking about what lays in front of us, in fact, given the market data, there’s troubled times ahead not just for tech, but the US economy which of course impacts globally, as we’re major importers of goods from other nations. I was part of the first web bust, at a high flying startup that had 5 splits then came crashing to Chapter 11 –twice. I tell my story about Exodus and remember it vividly, as without recalling history, we’re doomed to repeat it again. In this post, I’ll compare and contrast how this was different from the last dot com bust in 2001, but I’ll do my best to provide an objective viewpoint –not one … Continue readingCompare and Contrast: Dot Com Bust and Web Two Point Doh