Archive for January, 2008

If You Like Pandora or Last.fm, Check Out Jango

Friday, January 18th, 2008

Jango logoJango hit the scene in mid 2007 and has soared ever since. The company describes itself as “Social Internet Radio”. Similar to Pandora and Last.fm, Jango allows users to create customized radio stations and discover new artists.

The beauty of the system lies in the social network component. Some of the social features that Jango has integrated include:

  • Adding friends and listening to their stations
  • Viewing artist suggestions
  • Rating artists’ songs
  • Discovering “Like-Minds”, i.e. users who have very similar music taste to you

The service is completely free and no dowload is required. The New York-based startup is a legal service and has been licensed by ASCAP, BMI, SESAC and SoundExchange.

Revenues are generated via affiliate music sales. Jango has agreements with both Amazon and iTunes. I would imagine that an advertising model may emerge as well.

I tried out the service and I really enjoyed it. It was a nice, refreshing touch. The interface is slick and intuitive. Creating a station and discovering new music is simple. I would encourage everyone to try it out - especially those outside the US. After all, Jango may take over where Pandora stumbled… seems like good timing.

Web 2.0 Rapidfire

Thursday, January 17th, 2008

I get a lot of post requests by various companies. Rarely do I have the time to fulfill all their wishes. Nevertheless, I appreciate their thought and consideration, and often I do find time to profile a single company. In this case, I’d like to highlight a bunch of companies that have contacted me. I will include a one-line pitch and you can decide whether you want to delve deeper. Without further ado, here they are:

ScheduleOnce - Easy meeting scheduling tool.

PostMapper - Plots Wordpress blog posts on a central map.

WOT (Web of Trust) - Social-based website trust ratings.

AdRoll - Collaborative, niche ad network.

TagItOn - Centralized discussion facilitation tool.

Fixya - Community-based tech support.

There you have it… that’s the list. I’d appreciate any opinions or perspectives relating to the companies listed above. If the companies have anything to add, please do so.

Innovative ideas are what inspire me. I think that all these concepts are genuine and merit further scrutiny. Obviously not everyone can benefit from all products and services, but perhaps one may make your life a heck of a lot easier.

Definition of a Startup

Wednesday, January 16th, 2008

Yesterday’s post brought up an interesting topic. What is the definition of a “startup”? In other words, when does a startup progress to a “company”?

Is it defined by:

  • Time? i.e. Less than a year old?
  • Revenues? i.e. Under $10 million in revenues?
  • Profitability? (Self explanatory)
  • Traffic? i.e. Less than 20 million page views per month?
  • Staff size? i.e. Staff size smaller than 50?

This topic is particularly interesting because many believe Flickr, Facebook, MySpace, YouTube, etc… are still startups. I don’t believe so. Facebook, for example, has:

  • Been around for 4 years
  • Revenues in the hundreds of millions
  • Billions of page views per month
  • A staff of a couple hundred

Can you still consider it a startup? I’m not convinced…

On an ambiguous note, Wikipedia defines a startup as “a business with a limited operating history”. So basically, I’m no further ahead than when I first visited Wikipedia.

I’ve been thinking about a term to use to describe the aforementioned boundary or limit. I’m not certain whether a given term exists or not, so I’m going to coin one anyways. The startup threshold will now be known as the point when a business transitions from the startup phase to a full-blown company. The exact metric or number has yet to be established, but I’d like to get feedback from readers.

How do you think a startup should be defined? What number(s) do you think are most important? What would you consider the startup threshold?

Who Will Still Be Dominating in 5 Years?

Tuesday, January 15th, 2008

Looking ahead to 2013, I wonder who will still be around (and thriving) in the online world. Obviously, the major players (Google, Yahoo, Microsoft, eBay, Amazon) come to mind initially. Will this be the case? It is hard to say. But I can’t see any of those names dropping off the radar in an abrupt, dramatic fall. An acquisition, however, may eradicate one of those names from the list.

From a more interesting and debatable perspective, which current start-ups may become the major players of tomorrow?

Twitter? Joost? Pownce? Mahalo? Tumblr? Who are the true “game-changers”?

I could share my picks, but I’d rather hear yours… Keep in mind that we’re thinking about long-term sucess, not short-term hype.

8 Reasons Why Blogs are Better Than Newsletters

Thursday, January 10th, 2008

ContractsMore and more companies are replacing traditional e-newsletters with blogs. Both can be used to inform customers (and potential customers) of product updates, contests, special offers, sales, and much more. However, the benefits of a blog far outweigh the benefits of a newsletter. Don’t get wrong - I’m not saying blogs are a complete alternative to newsletters, but the possibility is worth exploring. In fact, some companies may profit from a hybrid of both. An exception to this is e-commerce companies, who can derive a lot of value from e-mail. But for the majority of companies, a blog is a much better way to go as we will see…

So, why are blogs better than newsletters?

1. Interactivity - E-mail lacks interactivity and discussion. Blogs form a powerful, 2-way conversation due to the advent of comments. 

2. Passiveness - E-mail can be invasive. Often people don’t want to be bombarded with unwanted messages. This not only creates frustration, but also wastes time.

3. Cost - Blogs are much more cost effective than newsletters. The latter requires ongoing payments to an e-mail service provider. The former simply requires man hours.

4.. Technical Knowledge - More technical knowledge is needed to publish a newsletter, including HTML and templating. Blogging barely requires word-processing skills.

5. Time - An effective newsletter takes a lot more time, effort, and planning to dispatch than a blog post.

6. Delivery - Newsletters are subject to e-mail and SPAM filters. This may prevent important information from ever reaching the intended receiver. RSS feeds are always delivered. 

7. Search Engines - Blog posts drive search traffic and bait back-links.*

8. Subscription - Ironically, people can still subscribe to blogs via e-mail! MappingTheWeb has this feature in the right sidebar.

* / Some newsletters include a link to a permanent copy online (which may include comments). I acknowledge that this contradicts my #7, but at this stage, such a tool can be classified as a blog. /

Blogs are an important form of “permission marketing” - a concept that has long been touted by Seth Godin. Newsletters follow these principles as well, but blogging take them to the next level. The benefits and advantages are clear. The ability to add a feed and access it at your leisure is a powerful thing. If this means saying goodbye to blasted e-mails and a cluttered inbox, then bring it on. Perhaps, blogs are to CDs, as newsletters are to tapes… Ya follow me?

What is your take on newsletters? Do you think blogs will replace them? Is there room in the world for both?