I’d like to start by asking each of you to consider helping under-privileged children in America get a little bit more than they have today. Sure, you can give a small amount of money. Even $10. Please. It’s better than zero.
You can combine that with supporting Fred & Joanne Wilson.
(if you click no other links on theis site click that one)
But even more valuable if you don’t have much money to give is to give your creativity or your programming time. DonorsChoose let’s you “hack their data” in creative ways to create offerings that may be relevant to helping with education projects in America. So my call-to-action is do something. Anything. Small or large.
I recently had the opportunity to sit down with Charles Best, the founder of DonorsChoose.org to talk about his startup. How did he get started? How did he get his initial traction (hint: Oprah Winfrey, Stephen Colbert, Fred Wilson)? Why did he choose to go the non-profit route? etc. If you want to be inspired, please watch this short interview and you’ll find out all of these answers and more.
Charles is simply amazing. I have talked often about wanting to see entrepreneurs who want to make a difference in the world. That doesn’t have to be non-profit. But it means solving a bigger problem, making the world a better place or somehow “making a difference.
I recently wrote a post about the open nature of Twitter and why I’m long on its future. I know it’s easier to write “horse race” stories about who’s signing up more users, raising more funding or who’s “hot” lately. But something more nuanced is at hand that is worth debating – is the future of the Internet & global communications more open or more closed?
I’ve discussed this on StockTwits with Howard Lindzon before, so if you want the longer view check that out.
Not just the fact that you Tweet publicly versus privately, but also that they’re open in letting their Tweet stream flow into other products & services. They’re an open feed.
It is open also in the same way that Google was open in its early days. Google started as a place where you came to be taken via links to other people’s websites.
This article originally appeared on TechCrunch (this version is slightly different). Most web publishers measure where their traffic is coming from using an analytics package such as Google Analytics, Omniture or Core Metrics.
These were good packages in the pre social media world at helping figure out who was driving your traffic.
Today they’re wrong. Terribly wrong. And figuring out who is referring your traffic is a very important part of determining how you allocate your marketing budgets. It is almost certain that Twitter is driving much more of your referrals than you think.
Possibly up to 4x more.
Here’s the awe.sm story of why:
Take a look at the Google Analytics log for BothSidesofTheTable.com for yesterday. I had 8,502 visitors yesterday of which 1,669 are listed as “direct.
Today I’m announcing that GRP Partners is doubling down on the Twitter ecosystem by investing in DataSift, a company who provides a real-time data platform and tools to third-party developers and corporations.
Our goal is to make the enormous volume of real-time information more manageable for the 99% of companies that lack the infrastructure to process these volumes in real time. Think of DataSift as turning the fire-hose into a cost-effective and manageable tap of running water. Or in utility speak, they are transmission and we are last-mile distribution.
And better yet, the company has a product that will turn the stream into a lake. What does that mean? The Twitter stream like most others is ephemeral. If you don’t bottle it as it passes by you it’s gone. DataSift has a product that builds a permanent database for you of just the information you want to capture.
Finally, DataSift has an enormous about of historical data already stored we we can help you go back and retrieve some older data for analytical purposes.
This is the final part of a 3-part series on the major changes in the structure of the software & the venture capital industries.
The series started here if you want to read from the start.
Or the Cliff Note’s version:
Open Source & Cloud Computing (led by Amazon) drove down tech startup costs by 90%
The result was a massive increase in startups & a whole group of new funding sources: both angels & “micro VCs”
With more competition in early-stage many VCs are investing smaller amounts at earlier stages. Some are going later stage to not miss out on hot deals. I call this “stage drift.”
The opportunities for tech startups today are more immense than they’ve ever been with billions of people now connected to the Internet nearly all the time.
Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself.
If you don’t want to read that post, the summary is:
Open source computing drove computing costs down 90%, which spurred innovation in technology
Open cloud led by Amazon with their AWS services drove total operating costs down by 90%. This led to an explosion in startups.
Amazon in turn led to the formation of an earlier stage of venture capital now led by what I call “micro VCs” who typically invest $250-500k in companies rather than the $5-7 million that VCs used to invest.
These trends have put pressure on traditional VCs. Some have done earlier-stage deals and done well. Others have chased earlier-stage but lack the skills or relationships to do this effectively. Some have moved into later stage investments in an effort to “put logos on their websites.