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Henry yates
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7 months ago
in Social media: data versus interface on The Equity Kicker
"Google and Facebook separately announced the general availability of their respective data portability programs on Thursday."
http://www.pcworld.com/article/154988/
Looks like Facebook are happy to allow data portability as long as the control it....
http://www.pcworld.com/article/154988/
Looks like Facebook are happy to allow data portability as long as the control it....
7 months ago
in Social media: data versus interface on The Equity Kicker
Hi Nic,
I think the key is having your users use your interface, which is I guess how you get the data. Facebook does not mind people porting their data elsewhere as long as they come back to Facebook and use it as the primary interface for updating their data. Facebook can then control how that data is ported and ultimately monetise it.
Other people can make money from building stuff on top, but ultimately, if you have the value proposition to ensure that your core base of users always come back to your site, use the interface and update their data, then you are still in control.
Henry
I think the key is having your users use your interface, which is I guess how you get the data. Facebook does not mind people porting their data elsewhere as long as they come back to Facebook and use it as the primary interface for updating their data. Facebook can then control how that data is ported and ultimately monetise it.
Other people can make money from building stuff on top, but ultimately, if you have the value proposition to ensure that your core base of users always come back to your site, use the interface and update their data, then you are still in control.
Henry
7 months ago
in State of the nation on social networks on The Equity Kicker
I agree. The more effective the communication tool the less useful it is for advertising as people are focused on their own communications. MySpace/Bebo are more about sharing "produced"content than Facebook, which why they are probably marginally more effective for advertisers.
7 months ago
in Knowing your early adopters on The Equity Kicker
Hi Nic, very interesting. I would bet that the majority of first wave social network traffic was driven by MySpace - before they introduced MySpace video they allowed users to embed YouTube videos in their pages (they built MySpace video because YouTube had been so successful on their site). I think this shows how key the right partnerships can be for early stage startups.
8 months ago
in More advice on how to cope with the downturn on The Equity Kicker
He seems like quite a guy. Great quote on his site. Motivational stuff for any entrepreneurs out there that are feeling vulnerable....
http://www.treehousecapital.com/content/words.html
"It is not the critic who counts, not the man who points out how the strong man stumbled,
or where the doer of deeds could have done better.
The credit belongs to the man who is actually in the arena;
whose face is marred by the dust and sweat and blood;
who strives valiantly; who errs and comes short again and again;
who knows the great enthusiasms, the great devotions and spends himself in a worthy course;
who at the best, knows in the end the triumph of high achievement, and who, at worst,
if he fails, at least fails while daring greatly;
so that his place shall never be with those cold and timid souls who know neither victory or defeat."
-- Theodore Roosevelt
http://www.treehousecapital.com/content/words.html
"It is not the critic who counts, not the man who points out how the strong man stumbled,
or where the doer of deeds could have done better.
The credit belongs to the man who is actually in the arena;
whose face is marred by the dust and sweat and blood;
who strives valiantly; who errs and comes short again and again;
who knows the great enthusiasms, the great devotions and spends himself in a worthy course;
who at the best, knows in the end the triumph of high achievement, and who, at worst,
if he fails, at least fails while daring greatly;
so that his place shall never be with those cold and timid souls who know neither victory or defeat."
-- Theodore Roosevelt
10 months ago
in Founder transitions on The Equity Kicker
I liked this bit of advice for founder CEOs...
http://cerdafied.typepad.com/cerdafied_voip_mob...
http://cerdafied.typepad.com/cerdafied_voip_mob...
