Don Dodge
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4 weeks ago
in Personal note: A job change for yours truly on Mathew's comments
Congrats Mathew. I have always enjoyed your blog, and look forward to reading your new stuff.
BTW, I will be in Toronto November 12/13 for the Startup Empire Conference. It would be great t meet you in person.
Cheers,
Don Dodge
BTW, I will be in Toronto November 12/13 for the Startup Empire Conference. It would be great t meet you in person.
Cheers,
Don Dodge
1 reply
mathewi
Thanks, Don. Love to meet in person -- drop me a note at mathew (at) mathewingram.com
6 months ago
in My Vision For Social Media on A VC
Every human being has friends...and a social network. In any group or network there is one who is an extrovert and opinion leader, another bunch who contribute to the discussion, and the rest just listen and learn. I call this the 1% rule of social networks.
We see the same thing on this blog. Fred writes a thought piece, 10 or 20 of us comment on it, and thousands read it. Everyone benefits from the interaction. So, when Fred says "everyone posting their thoughts in any number of ways" my translation is that the opportunity is available to everyone to do so for free, but few will. It will follow the normal 1% rule or community pyramid of most other social activities.
I wrote a blog on this subject 2 years ago, and updated it today. See "Social Networks 1% Rule" http://dondodge.typepad.com/the_next_big_thing/...
Don Dodge
We see the same thing on this blog. Fred writes a thought piece, 10 or 20 of us comment on it, and thousands read it. Everyone benefits from the interaction. So, when Fred says "everyone posting their thoughts in any number of ways" my translation is that the opportunity is available to everyone to do so for free, but few will. It will follow the normal 1% rule or community pyramid of most other social activities.
I wrote a blog on this subject 2 years ago, and updated it today. See "Social Networks 1% Rule" http://dondodge.typepad.com/the_next_big_thing/...
Don Dodge
2 replies
Joe Lazarus
Every time someone references that 1% rule, I think about a stat I heard that says that the average Netflix user has rated over 200 movies. Most sites are able to convince just 1% of the audience to share because they don't have the right incentives and privacy controls in place for contribution. In order for sharing to go mainstream, sites need to implement incentives that provide a direct, tangible benefit to the person contributing (ie. rate movies and you'll get better recommendations) or they need to offer more semi-private options to share with a limited group of contacts (eg. people like that their data isn't shared with the world on Facebook, but just an approved list of friends). Not everyone wants to share their lives with the world, but nearly everyone would be willing to share a lot more if either they had more control over who sees that information or if their experience is significantly improved as a result of sharing.
fredwilson
i read your post Don and you are right. we see ratios of that sort in all of our social media investments.
however, new tools like disqus and tumblr and twitter are making participating easier and easier.
so i think my goal of getting everyone to participate at some level is possible
however, new tools like disqus and tumblr and twitter are making participating easier and easier.
so i think my goal of getting everyone to participate at some level is possible
11 months ago
in This whole Web 2.0 Office Suite meme is stupid on WinExtra Comments
Steve, Excellent post, very balanced. I agree it is silly to declare Web 2.0 Office suites as dead, but I think eWeek wrote that headline to grab attention, and perhaps as a balance to the many headlines that declare Microsoft is dead everytime Google announces anything.
It is important to remember that Google Apps are not free for business. they cost $50 per user per year. After 4 years they have paid $200...about what they would pay for Microsoft Office (in volume), so I don't see much in the way of cost savings.
Most businesses will stay with Microsoft Office because that is what all their employees, customers, partners, and suppliers use. Compatibility is important. Security and compliance laws tend to favor keeping applications in house too.
Microsoft's approach of "Software plus Services" gives customers the best of both worlds. That makes it a pretty easy and safe choice.
It is important to remember that Google Apps are not free for business. they cost $50 per user per year. After 4 years they have paid $200...about what they would pay for Microsoft Office (in volume), so I don't see much in the way of cost savings.
Most businesses will stay with Microsoft Office because that is what all their employees, customers, partners, and suppliers use. Compatibility is important. Security and compliance laws tend to favor keeping applications in house too.
Microsoft's approach of "Software plus Services" gives customers the best of both worlds. That makes it a pretty easy and safe choice.
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StevenHodson
Thanks for the good words Don - I appreciate them.
Myself I know Google Apps are not available for free to companies but I also know that more than few folks who have bitten that bullet are not happy at all. More than a few times I have seen come across Twitter complaints that the free version is acting better or being improved more (this of course could also be misinterpretation on the user side).
so not is all good in that land of Web 2.0 either.
Myself I know Google Apps are not available for free to companies but I also know that more than few folks who have bitten that bullet are not happy at all. More than a few times I have seen come across Twitter complaints that the free version is acting better or being improved more (this of course could also be misinterpretation on the user side).
so not is all good in that land of Web 2.0 either.