Opinionated! http://teare.com Keith Teare's Blog Mon, 10 Oct 2016 01:08:45 +0000 en-US hourly 1 https://i2.wp.com/teare.com/wp-content/uploads/2015/11/cropped-cropped-Keith_Tokyo-1.jpg?fit=32%2C32 Opinionated! http://teare.com 32 32 1150148 The case for Twitter’s independence (unless Google or management buys) http://teare.com/2016/10/10/the-case-for-twitters-independence-unless-google-or-management-buys/ http://teare.com/2016/10/10/the-case-for-twitters-independence-unless-google-or-management-buys/#respond Mon, 10 Oct 2016 01:08:45 +0000 http://teare.com/?p=1435 Continue reading "The case for Twitter’s independence (unless Google or management buys)"]]> This was posted on 7 October 2016 at TechCrunch
Original Here

Keith Teare

Keith Teare is the co-founder of TechCrunch and today runs Palo Alto incubator Archimedes Labs.

The problems associated with the widespread rumors of Twitters “for sale” status and that the management team is divided on whether or not to sell the company were compounded this morning with reports that Google, Disney and Apple will not be bidders. The stock price is down 20% to $19.79 at the time of writing.

Who runs Twitter — Board or Management?

The impressive Board of Directors seems to have set itself against CEO Jack Dorsey by seeking an exit. This is not the first time the company seems to be being run by the Board rather than the management. Previous changes in strategy, management and even the decision to IPO do not seem to have been organic decisions planned by management but rather reactive Board led decisions.

As anybody who has run a business knows, a Board-Management tug-of-war almost never results in a win. Boards hold managers accountable on behalf of shareholders, and managers run companies. It is not clear that this is the case at Twitter and that may be the source of many of the issues.

The Board is made up of many celebrity figures including Peter Fenton, Marjorie Scardino, Bret Taylor, David Rosenblatt, Martha Lane Fox and Omid Kordestani. Previously Fred Wilson had also been a strong minded Board member. The Board’s opinions about the strategy and tactics may reflect a weak management needing direction, or may represent frustrated operators hoping for an exit and seeking to influence day-to-day decisions. Only an insider knows. But one thing is clear, unless Twitter management actually runs the company, the future of the company will be bleak.

The case for “No”

Why no? In principle, Twitter is the communications bus for the entire world. I would guess that 2–3 billion people a month see a Tweet mentioned on TV, radio, in a movie, in print. It has become an almost ubiquitous broadcast platform for anybody wishing to publish an event, an opinion, a riposte. It is a marketing platform used by every brand in the world. Compared to the other means of disseminating content, Twitter is a giant.

In its earliest manifestation, Twitter understood its position as a message dissemination infrastructure. It was happy for third parties to “carry” its messages to consumers and businesses via software integrations with its APIs. The potential reach of a Tweet was the addition of people who went to twitter.com, as well as people who used a piece of software provided by a third party to disseminate tweets.

Others were allowed to index tweets and provide filtered views showing tweets that pertained to a topic or an interest. It was an open and widely distributed platform, somewhat like the internet itself. Search engines could index and point to it just as they do web pages.

The biggest version of Twitter one could imagine?

This stage of Twitter’s development evoked its true potential, and was the manifestation of the biggest version of Twitter one could imagine. A universal data bus for everything important now. With an index and search open to developers.

The business model for this stage was obvious. An ad every n tweets no matter which environment the Tweet stream was consumed through, with Twitter as the “AdSense” and “AdWords” of the whole thing. This would have resulted in Google-sized revenues quickly.

The smallest version of Twitter one could imagine?

But at that time, there was a belief that Twitter needed to become a destination. This implied that any ability for a third party to take tweets and re-broadcast them through another app or site was bad. It implied that indexing and searching tweets was to be blocked, it set Twitter against its disseminators. By doing so, it limited the Twitter audience to those who directly engaged with the properties owned and operated by the company.

This was the smallest version of Twitter one could imagine. It seems clear that many at the board level wanted Twitter to be a destination, a Yahoo if you will. And to create content “channels” that would attract the audience for the channel. And to prevent any other means of accessing those channels.

This allowed Twitter to become a branded destination and created the conditions where its key KPIs were not “tweets seen” but became “logged-in users” on a Twitter-owned property. The advertising platform Twitter has so impressively built over the past 3–4 years is based on top of this approach.

The $2 billion or so in revenues it generates is impressive, but tiny compared to what would result from a truly universal data bus available everywhere. This would be a replacement of Google for content discovery, whereas the current Twitter is at best a replacement for Yahoo as a destination for content — and a poor one at that.

IPO was premature?

Twitter’s IPO was done before the company had truly completed its transition to becoming a content-rich destination site. The suspicion is that the need to IPO early was driven by board decisions and not organic management choice.

Dick Costolo did an excellent job of trying to manage a ship in a storm that had only partial navigation, but the stock price ultimately reflected two things. Firstly, a company that could not accurately predict revenues and, secondly, one that had a KPI (logged-in users) that was always going to be its worst metric. The market took the direction of the board and management that Twitter wanted to be a branded portal business with advertising and measured it accordingly.

Most of the 2013–2016 ailments of Twitter emanate from this product decision and the decision to IPO before it was completely built and functioning. The management changes, the stock performance, the yearning to sell the company.

The case for “Yes”

Twitter is a dysfunctional company with an interfering board and, like any dysfunctional family, it needs a divorce. A buyer would gain a clean slate and would be able to build the biggest possible version of Twitter, free of internal squabbles.

This is the strongest case for a sale. But who should be the buyer if this outcome is wanted? There are only two good answers. One is Google, the other is a private equity buy-out.

Google is the obvious buyer. A universal data bus carrying everything that is important now to the entire world, with ads every n Tweets would probably have revenues close to and eventually surpassing web-search revenues.

With the emergence of live video — an area YouTube should excel in — the impact of this would be compounded by the video ad opportunity. And the vision would be well-aligned with Google’s “organize the World’s Information, and make it Accessible” vision. If Google is truly out of the race, Larry or Sergey or David Drummond — call me and let me explain why you should re-consider. I’m always available at http://chat.center/keith.

Twitter is a dysfunctional company with an interfering board and, like any dysfunctional family, it needs a divorce.

If Google really is out of the running, the next best sale is to PE. Silverlake, KKR or Blackrock should look at how they worked with Skype previously and consider taking Twitter private, removing the short-term thinking and re-launch it as the biggest version of Twitter it can be. That company could own digital advertising and audience engagement for decades to come.

If neither option materializes, Twitter should take itself private — Qihoo360 just did this, as did Dell. There would be no shortage of banks interested in helping.

What’s next for Twitter?

The board should not sell Twitter to a media or content buyer. By doing so they would cheat the world by taking away a wonderful chance to build a universal data and messaging bus able to scale to the challenges of 4 billion smartphone owners wanting news, entertainment, live video and more.

Management should go back to Twitter’s founding principles and build that universal, open, biggest possible version of Twitter.

And the markets should give the company the space to perform such a transition.

Twitter is not Yahoo. It is a baby, struggling to grow up. Infanticide is wrong. Let the children grow.

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Mentorship, Entrepreneurship, Leadership and Funding. http://teare.com/2016/08/23/mentorship-entrepreneurship-leadership-and-funding/ http://teare.com/2016/08/23/mentorship-entrepreneurship-leadership-and-funding/#respond Tue, 23 Aug 2016 00:19:02 +0000 http://teare.com/?p=1425 Part 2 with Brett Knutson from Sharing Startups interviewing me about Entrepreneurship.

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What is an Entrepreneur? http://teare.com/2016/05/15/what-is-an-entreprenuer/ http://teare.com/2016/05/15/what-is-an-entreprenuer/#respond Sun, 15 May 2016 20:22:08 +0000 http://teare.com/?p=1420 Brett Knutson from Sharing Startups interviews me about Entrepreneurship.


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Unicorns, Zombies and the Unborn http://teare.com/2015/08/04/unicorns-zombies-and-the-unborn/ http://teare.com/2015/08/04/unicorns-zombies-and-the-unborn/#respond Tue, 04 Aug 2015 18:30:54 +0000 http://www.teare.com/?p=1363 I have had the pleasure of speaking to several gatherings this summer. One at Startup Iceland, one at Bitspiration in Warsaw, Poland and a few others. Here is one of the talks.

Startup Iceland

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“Do you know what I mean? Wink, Wink” Monty Python circa 1970. http://teare.com/2015/04/27/do-you-know-what-i-mean-wink-wink-monty-python-circa-1970/ http://teare.com/2015/04/27/do-you-know-what-i-mean-wink-wink-monty-python-circa-1970/#respond Mon, 27 Apr 2015 01:46:54 +0000 http://www.teare.com/?p=1356 Screen-Shot-2015-05-06-at-3.40.36-PM ]]> http://teare.com/2015/04/27/do-you-know-what-i-mean-wink-wink-monty-python-circa-1970/feed/ 0 1356 Chat Center Re-brands and focuses on business use http://teare.com/2015/04/14/chat-center-re-brands-and-focuses-on-business-use/ http://teare.com/2015/04/14/chat-center-re-brands-and-focuses-on-business-use/#respond Tue, 14 Apr 2015 01:17:27 +0000 http://www.teare.com/?p=1342 TechCrunch article here – http://techcrunch.com/2015/04/13/chat-app-chat-center-rebrands-dumps-freemium-model-in-a-bid-for-businesses/

Press release here – http://www.archimedeslabs.com/2015/04/chat-center-rebrands-and-moves-to-saas/

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Chat Center launched http://teare.com/2014/06/28/chat-center-launched/ http://teare.com/2014/06/28/chat-center-launched/#respond Sat, 28 Jun 2014 22:19:50 +0000 http://www.teare.com/?p=1339

1/ We just released the first version of Chat Center on the App Store. https://t.co/JvQ3Ftm9oh

— Keith Teare (@kteare) June 28, 2014

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My TechCrunch Posts http://teare.com/2014/01/20/my-techcrunch-posts/ http://teare.com/2014/01/20/my-techcrunch-posts/#respond Mon, 20 Jan 2014 22:21:23 +0000 http://www.teare.com/?p=1332 Here you are, my TechCrunch posts – http://tcrn.ch/KtWSsO

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The Opinionated! Essay – Number 1 – The Startup Valley of Death http://teare.com/2013/12/16/the-opinionated-essay-number-1-the-startup-valley-of-death/ http://teare.com/2013/12/16/the-opinionated-essay-number-1-the-startup-valley-of-death/#respond Mon, 16 Dec 2013 08:40:05 +0000 http://www.teare.com/?p=1329 The Opinionated! Essay – Number 1 – The Startup Valley of Death.

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Revolution and Death in Silicon Valley http://teare.com/2013/10/20/revolution-and-death-in-silicon-valley/ http://teare.com/2013/10/20/revolution-and-death-in-silicon-valley/#comments Sun, 20 Oct 2013 15:40:50 +0000 http://www.teare.com/?p=1308 I took my Tapestry story on the road this week, speaking at DEMO Fall in Santa Clara Convention Center.

Here is what I said:

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just.me updates http://teare.com/2013/09/19/just-me-updates/ http://teare.com/2013/09/19/just-me-updates/#respond Thu, 19 Sep 2013 20:13:35 +0000 http://www.teare.com/?p=1290

First Miley Cyrus http://t.co/SP49QGzBQ4 now Justin Bieber (is this for real?) http://t.co/f91w96Zpyy just.me pic.twitter.com/J9Z8fADgvM

— just_dot_me (@just_dot_me) September 19, 2013

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Facebook Home Design Process http://teare.com/2013/07/21/facebook-home-design-process/ http://teare.com/2013/07/21/facebook-home-design-process/#respond Sun, 21 Jul 2013 14:04:28 +0000 http://www.teare.com/?p=1231 Continue reading "Facebook Home Design Process"]]> TechCrunch writer Josh Constine published a wonderful article and accompanying video about the Facebook Home design process.

The reason it is so good is that it really goes to the heart of what a social smartphone needs to be thinking about.

Of course this is a problem close to my heart, and just.me as a project is addressing many of the same fundamental issues.

The key is to understand that to personalize the smartphone the address book, and the interactions with people in it, are the center of a persons real life. These interactions should also be at the center of their smartphones UI. Today this isn’t the case with either iOS or Android. As Facebook says, they are app centric. Google Now and Googles Notification Center are both promising points of integration for a very different experience. So too is Apples “Today” screen in iOS7. It is likely that the future mobile OS will look more like Home than it does like today’s UI’s. It is unlikely that Facebook will own that experience however. Owning an OS is a pre-condition.

The Video is here, for the article go to TechCrunch – http://techcrunch.com/2013/07/20/facebook-home-design/

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Realtime Twitter responses to my TechCrunch article http://teare.com/2013/05/20/realtime-twitter-responses-to-my-techcrunch-article/ http://teare.com/2013/05/20/realtime-twitter-responses-to-my-techcrunch-article/#respond Mon, 20 May 2013 18:50:14 +0000 http://www.teare.com/?p=1222 I wrote a piece for TechCrunch over the weekend. It has been quite well received.


Here is the real time feedback from Twitter:

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just.me launch at DEMO Mobile http://teare.com/2013/04/22/just-me-launch-at-demo-mobile/ http://teare.com/2013/04/22/just-me-launch-at-demo-mobile/#comments Mon, 22 Apr 2013 10:52:18 +0000 http://www.teare.com/?p=1218 just.me is live in the Apple app store now. We launched on stage at DEMO Mobile last Wednesday. Here is the Video.

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Social, Mobile and Global – the new human race http://teare.com/2013/04/22/social-mobile-and-global-the-new-human-race/ http://teare.com/2013/04/22/social-mobile-and-global-the-new-human-race/#respond Mon, 22 Apr 2013 10:33:24 +0000 http://www.teare.com/?p=1215 This is my talk from the MENA – ICT event in Jordan. The event was great. Almost 1000 attendees from all over the Middle East and North Africa (MENA) talking about Information and Communications Technology (ICT).

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The Valley of Death http://teare.com/2013/03/30/the-valley-of-death/ http://teare.com/2013/03/30/the-valley-of-death/#respond Sat, 30 Mar 2013 13:43:08 +0000 http://www.teare.com/?p=1210 Continue reading "The Valley of Death"]]> Charge+of+the+Light+Brigade+Cavalry+ChargeThis poem seem particularly pertinent to the current state of Silicon Valley. Incubators on ones side of the valley. Nothing in the Valley. Growth Capital on the other side.

Most startups are dead as soon as they exit their 3 month stint. The exceptions are rare yet notable.


The Charge of the Light Brigade

by Alfred Tennyson.

Half a league, half a league,
Half a league onward,
All in the valley of Death
Rode the six hundred.
"Forward the Light Brigade!
Charge for the guns!" he said.
Into the valley of Death
Rode the six hundred.

Forward, the Light Brigade!"
Was there a man dismay'd?
Not tho' the soldier knew
Some one had blunder'd.
Theirs not to make reply,
Theirs not to reason why,
Theirs but to do and die.
Into the valley of Death
Rode the six hundred.

Cannon to right of them,
Cannon to left of them,
Cannon in front of them
Volley'd and thunder'd;
Storm'd at with shot and shell,
Boldly they rode and well,
Into the jaws of Death,
Into the mouth of hell
Rode the six hundred.

Flash'd all their sabres bare,
Flash'd as they turn'd in air
Sabring the gunners there,
Charging an army, while
All the world wonder'd.
Plunged in the battery-smoke
Right thro' the line they broke;
Cossack and Russian
Reel'd from the sabre-stroke
Shatter'd and sunder'd.
Then they rode back, but not,
Not the six hundred.

Cannon to right of them,
Cannon to left of them,
Cannon behind them
Volley'd and thunder'd;
Storm'd at with shot and shell,
While horse and hero fell,
They that had fought so well
Came thro' the jaws of Death,
Back from the mouth of hell,
All that was left of them,
Left of six hundred.

When can their glory fade?
O the wild charge they made!
All the world wonder'd.
Honor the charge they made!
Honor the Light Brigade,
Noble six hundred!


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just.me beta and European Interviews. http://teare.com/2013/02/04/just-me-beta-and-european-interviews/ http://teare.com/2013/02/04/just-me-beta-and-european-interviews/#respond Mon, 04 Feb 2013 11:31:55 +0000 http://www.teare.com/?p=1192 Continue reading "just.me beta and European Interviews."]]> I was in Europe last week, at the DLD conference in Munich and then in London.

just.me went into beta on 21st January and I was able to do 2 interviews:

The Guardian Podcast


An Interview with xube.tv

The beta launch coverage has been wonderful….






If you have iOS6 and want to try the beta, DM me on Twitter – @kteare

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Guns and the USA: No Comment! http://teare.com/2012/12/14/guns-and-the-usa-no-comment/ http://teare.com/2012/12/14/guns-and-the-usa-no-comment/#respond Fri, 14 Dec 2012 16:42:59 +0000 http://www.teare.com/?p=1184 A-Ha7BpCMAEqwCZ.jpg-large

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just.me in Japan http://teare.com/2012/12/03/just-me-in-japan/ http://teare.com/2012/12/03/just-me-in-japan/#respond Mon, 03 Dec 2012 15:40:33 +0000 http://www.teare.com/?p=1173 I am in Japan for the first half of this week. I am doing a Keynote at Sunbridge Global Ventures Innovation Weekend, and yesterday briefed the Japanese Tech press about the soon-to-be-launched just.me. We previewed the Japanese version of the IOS app.

The response was nothing short of … wow!

Here are some screen shots.

IMG_0519 IMG_0520 IMG_0521 IMG_0522 ]]>
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Blackmagic Digital Cinema Camera Reviewed http://teare.com/2012/10/02/blackmagic-digital-cinema-camera-reviewed/ http://teare.com/2012/10/02/blackmagic-digital-cinema-camera-reviewed/#respond Wed, 03 Oct 2012 01:35:20 +0000 http://www.teare.com/?p=1163 Philip Bloom does a fantastic job of reviewing the Blackmagic Design Digital Cinema Camera on his blog.

Embedded here for your viewing pleasure.

Video review of the Blackmagic Cinema Camera from Philip Bloom on Vimeo.

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M.dot joins Archimedes Labs http://teare.com/2012/07/08/m-dot-joins-archimedes-labs/ http://teare.com/2012/07/08/m-dot-joins-archimedes-labs/#respond Sun, 08 Jul 2012 14:08:48 +0000 http://www.teare.com/?p=1150 Continue reading "M.dot joins Archimedes Labs"]]> Archimedes Labs just announced that it has invested in the team at M.dot

M.dot is led by Dominik Balogh and Pavel Serbajlo.

As the piece on Archimedes web site states:

M.dot’s vision is that all businesses can be Mobile accessible and discoverable. The platform allows businesses to create, maintain and promote their mobile presence, all from a smart phone app. In many ways M.dot is similar to the web creation and hosting companies that have served individuals, small and medium businesses and other groups during the web’s growth era from the mid 1990s to today. M.dot’s difference is that it is completely mobile-first without any legacy complications and is entirely focused on providing a mobile presence and mobile specific features such as location awareness and “click-to-call” functionality to these same customer segments.

Big idea, mobile first, great engineering and UI skills in the founding team. Just the strengths Archimedes likes….

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Archimedes Labs mentioned in the Wall Street Journal http://teare.com/2012/06/28/archimedes-labs-mentioned-in-the-wall-street-journal/ http://teare.com/2012/06/28/archimedes-labs-mentioned-in-the-wall-street-journal/#respond Thu, 28 Jun 2012 12:42:55 +0000 http://www.teare.com/?p=1144 Today’s Wall Street Journal has an article written by Timothy Hay about the practices of Law firms here in Silicon Valley in dealing with start-ups. Archimedes Labs gets a nice mention.

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Hubble Bubble Toil and Trouble, Meet Heckerty! http://teare.com/2012/04/14/hubble-bubble-toil-and-trouble-meet-heckerty/ http://teare.com/2012/04/14/hubble-bubble-toil-and-trouble-meet-heckerty/#respond Sat, 14 Apr 2012 11:02:27 +0000 http://www.teare.com/?p=1131 Continue reading "Hubble Bubble Toil and Trouble, Meet Heckerty!"]]> Broomstick Productions is Archimedes Labs latest portfolio company to launch into the world. Jan Ziff and Allan Davidson have a very special person in their life – Jan’s Mom. Or, because – like myself – Jan is from Yorkshire in the North of England, I should say Jan’s Mum…..


Jan’s Mum had the very special privilege of telling stories to the children of Prince Charles, either the future King of England or at the very least the father of the future King of England.

During her stint at that very unusual job she developed the character of Heckerty(TM) the Witch and her trusted sidekick, Zanzibar(TM) the cat. These stories have never been published before, and certainly never been animated. As Jan herself says:


When Princess Diana wanted to send her sons, Princes William and Harry, to weekly musical storytelling sessions as part of their education (click the links to see rare photos of the young princes), she chose my mother, Ann Rachlin.So when my mom asked Allan and me whether we were interested in bringing one of her favorite story characters to mobile devices, we jumped at the chance!
Stacks Image 622
Bringing Heckerty’s gentle, zany adventures to life for kids around the world was just too good to pass up! I had grown up with Heckerty’s magic and we both loved my mother’s many CDs and books (iTunesAmazon).

Today, they are available on the iPad, iPhone and on the Kindle Fire.

Meet Heckerty is the first of many stories to come and we feel sure that, Hollywood will soon be knocking on the door of Broomstick Productions seeking to take these adorable characters and stories to the big screen

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Blurtt launches in the app store http://teare.com/2012/03/21/blurtt-launches-in-the-app-store/ http://teare.com/2012/03/21/blurtt-launches-in-the-app-store/#respond Wed, 21 Mar 2012 09:20:07 +0000 http://www.teare.com/?p=1119 Continue reading "Blurtt launches in the app store"]]> I first met Jeanette Cajide early in 2011. She was a founder at Blurtt – a company that was then focused on delivering a web based photo-upload service, permitting users to send printed postcards of said photos to friends via mail.

A few things were quickly obvious.


1. Blurtt is a great name, but not for sending postcards.

2. Mobile is the right place to develop what Blurtt could be.

3. Blurtt should let people Blurtt things out…..

4. Combining images with text produces a very powerful means of communicating emotion-rich messages.

5. Jeanette is a force of nature and simply refuses to fail.


So, Blurtt became archimedes labs second acceleration company, after Tomer Kagan’s Quixey. The 12 months since have been great. Jeanette weathered many storms, and succeeded in building a set of relationships that allowed her to ship her product today, with significantly less than $100,000 spent. You can get it from the app store now.

I couldn’t be more thrilled for Jeanette, Laura, Kuba and the team at Dialexa in Texas…..Congrats

I know that the team is planning lots of new features. Can’t wait to see where this journey takes us.




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The impact of mobile growth on web advertising. Is Android bad for Google? http://teare.com/2012/02/04/the-impact-of-mobile-growth-on-the-web-advertising-is-android-bad-for-google/ http://teare.com/2012/02/04/the-impact-of-mobile-growth-on-the-web-advertising-is-android-bad-for-google/#comments Sat, 04 Feb 2012 12:52:45 +0000 http://www.teare.com/?p=1104 Continue reading "The impact of mobile growth on web advertising. Is Android bad for Google?"]]> alternate textGoogle and Facebook can’t turn off the mobile deluge

I just posted on TechCrunch. The article focuses on the Facebook S1 filing and in particular on the risks section that covers the growth of the mobile internet and its potential impact on the web business model.

Facebook itself has been very clear that its advertising revenues are exclusively derived from its web site, and also that an increasing amount of its usage comes from mobile in general and smart phones in particular.

Buried in the article is this point:

Google’s present – and Facebook’s future – involves the painful fact that the very success of mobile platforms in helping human beings be productive, on the go, has a negative impact on the desktop-based advertising programs of the past 10 years. Mobile growth impacts web advertising revenues, except of course for Apple who make money from hardware and software and so benefits from these trends. The reason is simple. We do less ad-centric activities on mobile than we did on the web. And we are less likely to click away on an ad when we are focused on a specific goal on a largely single window device.

The implication of this point is that, absent an advertising solution for mobile, Google’s success in distributing Android, as well as the rise of the iPhone, are directly damaging to Google’s legacy business model. Now, it isn’t as if anybody can turn the mobile internet off or slow its growth. So Google has no option but to be a significant player in mobile, and has no option but to try and drive the revenues it derives from mobile harder than the pace of slow down in web based revenues that result from the trend. But to accomplish that Google, and Facebook will need to innovate in advertising. Web based display ads, text ads and others are really not able to translate effectively to mobile without seriusly undermining the user experience.

This is one of the areas we are focused on at just.me.

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Got Quoted in the Wall Street Journal http://teare.com/2011/12/15/got-quoted-in-the-wall-street-journal/ http://teare.com/2011/12/15/got-quoted-in-the-wall-street-journal/#comments Thu, 15 Dec 2011 15:26:09 +0000 http://www.teare.com/?p=1098 Got Quoted in the Wall Street Journal. That doesn’t happen every day! 🙂

Here it is:

“The funding of mobile first companies will increase significantly.” — Keith Teare, general partner, Archimedes Labs

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Mike “launches” Uncrunched http://teare.com/2011/09/23/mike-launches-uncrunched/ http://teare.com/2011/09/23/mike-launches-uncrunched/#respond Fri, 23 Sep 2011 16:44:10 +0000 http://www.teare.com/?p=1069 My good pal Mike has a new blog at uncrunched.com. Check it out.

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Cloud based services – the future of the Internet http://teare.com/2011/08/28/cloud-based-services-the-future-of-the-internet/ http://teare.com/2011/08/28/cloud-based-services-the-future-of-the-internet/#comments Sun, 28 Aug 2011 13:15:36 +0000 http://www.teare.com/?p=1056 Continue reading "Cloud based services – the future of the Internet"]]> Fred Wilson has a response today to Eric Schmidt’s declaration in Edinburgh that Google+ is an “identity service”. He asks and answers his own question.

“whom Google built this service for? You or them. And the answer to why you need to use your real name in the service is because they need you to.”

Of course Facebook is also an identity service. Facebook Connect is the means of distributing it. And of course Facebook too is built using real names because “they need you to”.

At this level FaceBook and Google have much in common, and both are vying for us to use them for online authentication. Facebook is far ahead of course.

Late yesterday I posted an opinion piece as a guest author on TechCrunch. It is about the uncertain future of web services as mobile devices proliferate globally. We will soon all have awesome identity machines in our pocket. They will be capable of being used to authenticate us (even using 2 step authentication). Any cloud-based 3rd party identity system will be unnecessary.

The future of identity is distributed, under user control, and owned and managed by the user from their device. It will be capable of supporting anonymity and real names and will be able to be trusted by sites requiring you to authenticate. The idea of any 3rd party dictating how you can present yourself online will no longer be applicable. Of course, it still has to be built…..

Having said that, there is absolutely nothing wrong with Google and/or Facebook building an identity system that dictates how we present ourselves. Our choice is to use it or not…..We don’t have to.

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US Default looms large as Politicians squabble http://teare.com/2011/07/24/us-default-loom-large-as-politicians-squabble/ http://teare.com/2011/07/24/us-default-loom-large-as-politicians-squabble/#respond Sun, 24 Jul 2011 22:48:41 +0000 http://www.teare.com/?p=1039 Continue reading "US Default looms large as Politicians squabble"]]> I turned on Meet the Press at 8am Pacific time this morning to see one of the Gang of Six declaring that he would not agree to severe cuts in spending so long as President Obama insisted on raising taxes for the wealthy. I had to shake my head and clear my thoughts as my brain started to focus on what I was hearing.

The Guardian leader that has appeared in the UK publication’s Monday morning edition (see graphic) makes clear the fears others in the world have for the consequences for the world economy if the US defaults on its debts.

The song that came to my mind was “The Lunatics have taken over the Asylum”. And by this I don’t mean only republicans but politicians in general and the asylum that is Washington DC right now.

As a recent US Citizen I view these events partly through the eyes of a Brit. I’m 54 years a Brit and only 2 an American.

America is in relative decline as the worlds strongest nation. China is growing in both absolute and relative terms. The failure to decide on an approach to paying off the national debt is merely a symptom of the American political class failing in the game of world leadership. Petty domestic squabbles dominate debate even as major global events unfold. The thought that best sums up the future of the global economy, and with it humanity, under the leadership of these politicians is “Oh Shit!”.

Here’s hoping somebody reads this and remembers the world scale consequences of the failure of American leadership. It isn’t about the Congress or about the White House. Its about the whole world and the rest of this century as the world copes with America’s decline as the unchallenged global leader.

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Quixey adds Eric Schmidt’s Fund and Archimedes Ventures to investor line up http://teare.com/2011/04/08/quixey-adds-eric-schmidts-fund-and-archimedes-ventures-to-investor-line-up/ http://teare.com/2011/04/08/quixey-adds-eric-schmidts-fund-and-archimedes-ventures-to-investor-line-up/#respond Fri, 08 Apr 2011 14:48:30 +0000 http://www.teare.com/?p=894 Continue reading "Quixey adds Eric Schmidt’s Fund and Archimedes Ventures to investor line up"]]>

Yesterday, Bay Area start-up Quixey announced that Eric Schmidt’s Innovation Endeavors fund had invested in the company.

I’m pleased to say that along with my partners in Archimedes Ventures we have also joined the roster of investors in the company.

All the best to Tomer Kagan and his team as they execute. The technology they have built is state of the art. Their team is fabulous. The world is theirs to grab.

Exciting times.

Sign up for the beta here
TechCrunch story here
GigaOm story here.

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Stunning new Digital Video Cameras http://teare.com/2011/03/31/stunning-new-digital-video-cameras/ http://teare.com/2011/03/31/stunning-new-digital-video-cameras/#respond Thu, 31 Mar 2011 21:45:35 +0000 http://www.teare.com/?p=885 Continue reading "Stunning new Digital Video Cameras"]]> One of my hobbies is photography. I have a Canon 5D Mk II. It makes great pictures and also awesome videos. Check out http://planet5d.com for examples.

Now the world of video is beginning to respond to the arrival of DSLR cameras that can do great video. There are three recent entrants into the space. They all significantly reduce the price point of awesome video. In order of release they are:

1. The Panasonic AG-AF100
2. The Sony PMW-F3
3. The Sony NEX FS-100

Here are samples of each:

AG-AF100 test – Poi girl in Union Square, NYC from Sandy Chase on Vimeo.

SONY PMW-F3 :: shots from FilmesDaMente on Vimeo.

NEX FS 100 Video Blog from Den & James on Vimeo.

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Looking at Sovereign Debt http://teare.com/2010/06/14/looking-at-sovereign-debt/ http://teare.com/2010/06/14/looking-at-sovereign-debt/#respond Mon, 14 Jun 2010 13:25:23 +0000 http://www.teare.com/2010/06/14/looking-at-sovereign-debt/ I am in Heathrow on my way to Cape Town for the World Cup. Sitting in the lounge I was watching Japan v Cameroon on the TV and, as the game was boring, began to read the Independent newspaper.

Then this graphic caught my attention.

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After Chirp, is Twitter related investing still smart? http://teare.com/2010/04/15/after-chirp-is-twitter-related-investing-still-smart/ http://teare.com/2010/04/15/after-chirp-is-twitter-related-investing-still-smart/#respond Fri, 16 Apr 2010 01:39:46 +0000 http://www.teare.com/?p=596 Continue reading "After Chirp, is Twitter related investing still smart?"]]>

Robert Scoble cornered Ron Conway in the hallway at the Chirp conference yesterday and in the aftermath of Twitter acquiring Tweetie, and announcing their own URL shortening service, asked the big question. Is it still sensible to invest in companies seeking to expand or enhance the use of Twitter in some way?

Ron is unequivocal in his answer.

For what it’s worth I think Ron is right…. as usual 🙂

TechMeme Link here

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Popular Science Mag implements Mag+ vision http://teare.com/2010/04/03/popular-science-mag-implements-mag-vision/ http://teare.com/2010/04/03/popular-science-mag-implements-mag-vision/#respond Sat, 03 Apr 2010 21:40:57 +0000 http://www.teare.com/?p=589

Mag+ live with Popular Science+ from Bonnier on Vimeo.

No comment really.

I do think video and audio are missing from this vision, but it is a great first step.

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seriouslyipad.com http://teare.com/2010/04/03/seriouslyipad-com/ http://teare.com/2010/04/03/seriouslyipad-com/#respond Sat, 03 Apr 2010 20:13:09 +0000 http://www.teare.com/?p=583 Continue reading "seriouslyipad.com"]]> Many of you will be familiar with the project I have been incubating over the past 18 months or so. s.erious.ly. It is predicated on two ideas. One is the trend (now almost complete) of the deportalization of internet content. The second is the success of companies like Glam Media and Sugar Publishing is proving the value of passion based content networks. Today, the 4th site in the group was launched – seriouslyipad. It is aggregating – in real time – all articles from a selection of highly rated sites about the iPad.

Feel free to subscribe, comment, or hang out…..

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Internet and TV, are we at the tipping point? http://teare.com/2010/03/04/internet-and-tv-are-we-at-the-tipping-point/ http://teare.com/2010/03/04/internet-and-tv-are-we-at-the-tipping-point/#respond Thu, 04 Mar 2010 21:10:38 +0000 http://www.teare.com/?p=570 Continue reading "Internet and TV, are we at the tipping point?"]]> Walt Mossberg today reviewed a couple of new technologies that allow you to beam video from a PC to a TV wirelessly. Pretty cool, but IMHO there is not a big demand for this.

More interesting is the discussion about whether we are at the tipping point between TV and the internet, where more and more people will get their video from the Internet.

In the video below Walt is a sceptic, but his colleague makes the point that the big TV companies have much to lose if we are close to that point, namely subscriber fees from Cable and Satellite.

Worth Viewing

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The future of publishing and reading? http://teare.com/2009/12/17/the-future-of-publishing-and-reading/ http://teare.com/2009/12/17/the-future-of-publishing-and-reading/#respond Thu, 17 Dec 2009 19:50:26 +0000 http://www.teare.com/?p=514 Continue reading "The future of publishing and reading?"]]> A nice vision of the near future from BERG. It is focused on Magazines but makes me think about web content more. What is the role of a web site, a web page, a post and a tweet in this world?

The UI concepts are nice, but functionally limited. And the discovery of content doesn’t seem to exist, it assumes subscriptions to publications – which I’m sure will only be part of the story, and a small part at that.

Take a look yourself:

Mag+ from Bonnier on Vimeo.

Hat Tip to CrunchGear

Discussion at TechMeme

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Murdoch, Huffington and the future of News http://teare.com/2009/11/12/murdoch-huffington-and-the-future-of-news/ http://teare.com/2009/11/12/murdoch-huffington-and-the-future-of-news/#respond Thu, 12 Nov 2009 18:45:17 +0000 http://www.teare.com/?p=506 Continue reading "Murdoch, Huffington and the future of News"]]> Huffington and Mathias Döpfner (CEO of German media empire Axel Springer) discuss the future of news. The moderator is Christine Ockrent, CEO of France 24, a TV broadcasting company.

In the context of Rupert Murdoch declaring his intent to take his content out of Google this is a timely exchange.

Clearly there are many sides to this issue, but – bottom line – the cost base of old media is not sustainable, and the news gathering possibilities of the distributed masses together with curation and aggregation present a powerful alternative.

I recommend anybody interested in the future of news and aggregation spend the 50 minutes watching this.

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Deportalization and Internet Advertising II http://teare.com/2009/10/12/deportalization-and-internet-advertising/ http://teare.com/2009/10/12/deportalization-and-internet-advertising/#respond Mon, 12 Oct 2009 18:12:45 +0000 http://www.teare.com/?p=493 Continue reading "Deportalization and Internet Advertising II"]]> Glam hired a new guy today. Techcrunch, VentureBeat and PaidContent all posted about it.

All of the reporting on this hire focus on Glam’s coup in getting their man, and on their profitability heading into Q4. There is little in the way of analysis, which is probably quite reasonable on a news-filled Monday morning here on the West Coast..

As TechCrunch’s Jason Kincaid reports:

Glam Media has scored a major senior hire, landing Josh Jacobs, Yahoo’s Vice President & GM Advertising Technology Platforms who currently runs Yahoo’s entire display ad platform and previously ran the portal’s publisher network. Jacobs will be joining Glam as Senior Vice President of Brand Advertising Products & Marketing, where he’ll run all of Glam’s brand advertising products, as well as marketing and communications. This is a major win for Glam, which has shown strong growth through the economic downturn as it eats away marketshare from the likes of Yahoo, MSN, and AOL.

However, there is a more strategic conclusion to draw from Glam’s recent trajectory and from this hire in particular. Glam is unique in having successfully built a new model that is far more focused on the evolving landscape of publishing and reading habits than any of its competitors. Samir Arora – Glam’s CEO – grasped very early that the growth in the number of publishers on the Internet would lead to a changing landscape for advertisers. By grasping the trend early he has succeeded in building a most impressive business. A woman’s content site, with virtually no original content, where the majority of the traffic is not on glam.com, but is on the several hundred publisher sites that make up the Glam network. By realizing that the audience is already there, and that the business is to take advertising to it, rather than to seek to capture it for a destination portal, Arora has figured out how to grow a large business, even in hard times.

I wrote about deportalization quite some time ago, and spelled out its implications. As we move from the era of deportalization into the new era characterized by the real time stream, Glam are positioned to continue to grow. Display advertising is a major element in Glam’s strategy and rightly so. High value audiences are found clustered around all major topics. Ad networks typically fail to realize the value of those audiences, or adequately facilitate a brand from engaging with them. Glam is simply a small indication of the potential for passion-focused distributed advertising.

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Google Books enables Embedding http://teare.com/2009/06/18/google-books-enables-embedding/ http://teare.com/2009/06/18/google-books-enables-embedding/#respond Thu, 18 Jun 2009 16:06:41 +0000 http://www.teare.com/?p=468 Continue reading "Google Books enables Embedding"]]> Here is a book I wrote in 1988 for Penguin. It is available free on Google books. And as of today I can embed it in a web page.

With the recent rise to prominence in the UK of the BNP, it may be an interesting read again. At the time I used a non-de-plume (Keith Tompson) because it was actually dangerous to be an open and active anti-racist.

It also has some relevance to the internet debate about race hatred.

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fotopedia launches http://teare.com/2009/06/09/fotopedia-launches/ http://teare.com/2009/06/09/fotopedia-launches/#respond Tue, 09 Jun 2009 21:01:33 +0000 http://www.teare.com/?p=463 Continue reading "fotopedia launches"]]> Jean-Marie Hullot and Gilles Samoun have – today – launched fotopedia.com. It is the culmination of the work done by the fotonauts team over the past 2 years.

fotopedia is both a web site and an optional downloadable client. At launch the web site brings together awesome images covering more than 4500 subjects. It allows those who download the client to create encyclopedia pages for subjects of their choice, or to add images to the already existing encyclopedia pages. Users vote for their favorite images (either on the web site or in the client). Each subject is produced dynamically from the votes of the contributors and the users and will likely change over time.

The subject pages bind to Wikipedia content for the same subject.

Here is one I did earlier, for Manchester United. I am using the embeddable widget feature to put it here on my blog.

fotopedia brings to the Internet the photographic equivalent of what Wikipedia did for text. It is inclusive and community driven. And above all else it is beautiful.

Disclosure: I am a shareholder in fotopedia…and I am very biased. But it truly is wonderful.

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Real Time Streams http://teare.com/2009/05/17/real-time-streams/ http://teare.com/2009/05/17/real-time-streams/#comments Sun, 17 May 2009 16:48:08 +0000 http://www.teare.com/?p=446 Continue reading "Real Time Streams"]]>

John Borthwick has captured in words what many have been grappling with in a less articulate way for about 18 months. The new paradigm we need to think about the internet has finally emerged.

This snippet outlines the broad trend:

Start with this constant, real time, flowing stream of data getting published, republished, annotated and co-opt’d across a myriad of sites and tools. The social component is complex — consider where its happening. The facile view is to say its Twitter, Facebook, Tumblr or FriendFeed — pick your favorite service. But its much more than that because all these sites are, to varying degrees, becoming open and distributed. Its blogs, media storage sites (ie: twitpic) comment boards or moderation tools (ie: disqus) — a whole site can emerge around an issue — become relevant for week and then resubmerge into the morass of the data stream, even publishers are jumping in, only this week the Times pushed out the Times Wire. The now web — or real time web — is still very much under construction but we are back in the dark room trying to understand the dimensions and contours of something new, or even to how to map and outline its borders. Its exciting stuff

John draws a single, and important, conclusion from this:

First and foremost what emerges out of this is a new metaphor — think streams vs. pages.

With this insight I believe John has just moved the needle to a place where we can begin to talk about the third phase of the internet.

The first phase of the internet was about portalization. It was the age of Yahoo, Excite, Infoseek. This was the era in which DoubleClick came into its own as an advertising platform, with lots of big accounts on both the advertiser and the publisher side.

The second phase was what Fred Wilson characterized as deportalization. This was the era of the rise of user generated content – blogs, social portals like MySpace and Facebook, aggregators like Digg and an ad network built for lots of small advertisers and millions of web sites – Google AdSense.

The third, and new phase, is about real time data streams that emanate from the users and the myriad publishers. Blogs and rss remain important (sorry Steve) but added into the mix are Twitter, Friendfeed, and other forms of messaging. This third phase has a number of big consequences:

1. Search changes. Searching static pages remains important. Indexing and parsing the stream becomes a must have addition.

2. SEO takes on new meanings also. Having your URL’s in the stream means that those who attempt to index and classify the stream will find you. Using RDFa or Microformats to enable your data to be understood will also become important as semantics meets the stream.

3. Advertising changes too – in ways we cannot see, but it clearly involves the sources within the stream and the stream itself being made available to an advertiser who wants to target an audience.

3. Aggregation moves from a simple combination of sources created by users (DIGG) or by algorithm (Techmeme) into the need to parse and filter the stream into meaningful buckets. In this world bit.ly and other URL shortening services are simply adding a new signal to the pool that allows a filter to distinguish between an important and a less important URL. Managing and understanding the content they carry is the big challenge. (see http://www.seriouslywine.com and http://twitter.com/seriouslywine for an example of how John Merrells and his team are thinking about this. seriouslymedia is an experimental and as yet un-launched service in which I am a founder).

Erick Schonfeld has a great post on TechCrunch about this: http://www.techcrunch.com/2009/05/17/jump-into-the-stream/

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In Defense of “nothing” http://teare.com/2009/04/05/in-defense-of-nothing/ http://teare.com/2009/04/05/in-defense-of-nothing/#comments Sun, 05 Apr 2009 15:15:35 +0000 http://www.teare.com/?p=430 Continue reading "In Defense of “nothing”"]]> Columnist Henry Porter is generally considered to be a wise observer of the human condition. Today, in an article in the UK Guardian owned Sunday, The Observer, he blew it ….. badly. As a newspaper man he ought to have been aware of his almost certain bias and perhaps counted to ten before pushing “send”. And, given that he didn’t,  his editor should have saved him from himself after the fact, perhaps by asking “are you sure?” But then I would have nothing to say… and neither would others.

Mr Porter’s key contention is one that is being heard more and more from the seriously wounded media industry:

“Google is in the final analysis a parasite that creates nothing, merely offering little aggregation, lists and the ordering of information generated by people who have invested their capital, skill and time. On the back of the labour of others it makes vast advertising revenues – in the final quarter of last year its revenues were $5.7bn, and it currently sits on a cash pile of $8.6bn. Its monopolistic tendencies took an extra twist this weekend with rumours that it may buy the micro-blogging site Twitter and its plans – contested by academics – to scan a vast library of books that are out of print but still in copyright.”

Let’s take this apart:

“Google is … a parasite” – Well, clearly Google has a dependency on the existence of content…. it is, after all, a search engine. So, no content, no Google. But is this parasitic, or is Google more like a librarian… an essential organizer, making discovery of content within a vast mass of it, possible. Do I need to answer?

” Google ….creates nothing” – Nothing? What is the vast index and the algorithms that make the index produce search results. Is it nothing? Again… no answer required.

” Google is … merely offering little aggregation, lists and the ordering of information generated by people who have invested their capital, skill and time.” – “little aggregation”; “lists”; “ordering of information”. Mr Porter has clearly never attempted to crawl, index, and scale a search interface for hundreds of millions of people. He thinks it is trivial. Sadly it is not. And Google does it better than anybody else. How many of Mr Potters readers come via Google’s lists and ordering? Please tell us…. (hint, it is a lot).

“…On the back of the labour of others it makes vast advertising revenues” – This takes the biscuit. What work did any Mr Porter do to make his content discoverable by a vast and growing army of readers? The labour is all Googles. It places ads on top of its own canvas, the Google search engine. It also offers advertising to 3rd parties and according to its earnings reports, shares more than 75% back with the sites who use its advertising engine. The vast sums of advertising money flooding to the Internet are coming because of Google – because Google gave a way for an advertiser to spend its money effectively and measurably. Google makes advertising revenues for the entire ecosystem.

So.. what is Mr Porter really saying. Is it a cry for help? I don’t think so. He is way past help. Bitter, angry and lost in a new media world he finds unfamiliar.

At the root of it is the fact that the role of a media company, and its ability to serve its 3 audiences – readers, creators and advertisers, now rests almost entirely on technology. Specific technology at that… the ability to find, organize and understand data (content). Distribution and monetization are all about technology. Mr Porter’s employers – the Observer – (perhaps parasites on his writing, simply adding paper and print to his efforts) are not a contender to provide these services.

Google represents a company typical of the future of media. It brings technology to scale and serves consumers, creators and advertisers. If you want to be in the game, you need to grasp that content can not stand alone. It needs help to be discovered, distributed and monetized. Googles only fault is that it is better than anybody else at these tasks. Can it be bettered, absolutely! But not by clinging to the past. My advice – read Jeff Jarvis and his book What Would Google Do Mr Porter, you will learn a thing ot two.


Here is the TechCrunch take on the story.
Here is the updated techmeme discussion

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Esther Dyson honored at DLD 2009 (video) http://teare.com/2009/01/25/esther-dyson-honored-at-dld-2009-video/ http://teare.com/2009/01/25/esther-dyson-honored-at-dld-2009-video/#respond Mon, 26 Jan 2009 05:15:08 +0000 http://www.teare.com/?p=422

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Digital, Life, Design (DLD 2009) in Munich http://teare.com/2009/01/25/digital-life-design-dld-2009-in-munich/ http://teare.com/2009/01/25/digital-life-design-dld-2009-in-munich/#respond Sun, 25 Jan 2009 22:54:19 +0000 http://www.teare.com/?p=413 Continue reading "Digital, Life, Design (DLD 2009) in Munich"]]> I flew out from San Francisco to Munich on Friday night. Arrived well after a great Lufthansa flight. It was nice to bump into friends and acquaintances on the flight (Barney Pell from Powerset [now part of Microsoft], Chris Shipley from the Guidewire Group, Gary Bolles from Xigi, Robert Goldberg from Crossroads Ventures and Don Levy from Sony Pictures Digital production.

We had mostly all slept on the flight and it was 6pm when we landed so there was only one option – drink and eat until tired :-). The Augustiner Beer Hall served the purpose well.

The first day of DLD has just finished. Some very good panels. The highlight was Esther Dyson accepting an award from Hubert Burda for her contribution to the industry over many years. Esther flew in from her cosmonaut training in Star City, Russia to receive the award.

Great fun. Here is the fotonauts album of DLD. Feel free to add to it.

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Facebook has a problem with pictures of Breast feeding? http://teare.com/2008/12/30/facebook-has-a-problem-with-pictures-of-breast-feeding/ http://teare.com/2008/12/30/facebook-has-a-problem-with-pictures-of-breast-feeding/#comments Tue, 30 Dec 2008 14:10:04 +0000 http://www.teare.com/?p=407 Continue reading "Facebook has a problem with pictures of Breast feeding?"]]> It seems that Facebook has taken issue with pictures of women breast feeding their children. As a dad of 3 young boys and a photographer I know first hand that the breast-feeding picture is one of the first a new parent takes. Either somebody at Facebook has made a silly error of judgment, or the place is run by pre-parents who find breasts to be only sexual objects. (OK I’m joking about the latter, but still, this is ridiculous).

As a contribution to the protest that has broken out I have created an album on fotonuats that is entirely open to others to add pictures to. Below is a widget showing the current pictures. You can get a copy of it here – http://www.fotonauts.com/albums/00636fa0-9cdf-4990-ba19-05d0ca7d0728 – just pull down the actions drop-down and make your own widget.

Please do so and put it on your own web site.

If you want to add images to the album get accepted to the fotonauts beta process here – http://www.fotonauts.com/about/invite, download the application and drag your own images into the album.

Here is the discussion from the web:


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Keith Teare, Michael Arrington and Jean-Marie Hullot – 1999-2002. On fotonauts. http://teare.com/2008/12/09/keith-teare-michael-arrington-and-jean-marie-hullot-1999-2002/ http://teare.com/2008/12/09/keith-teare-michael-arrington-and-jean-marie-hullot-1999-2002/#respond Wed, 10 Dec 2008 05:08:30 +0000 http://www.teare.com/?p=399 Continue reading "Keith Teare, Michael Arrington and Jean-Marie Hullot – 1999-2002. On fotonauts."]]> fotonauts released a new build of the Mac beta today and it got me to playing with it again. It can now access Facebook files and also file system based images. It already had iPhoto, Aperture, Picasa and Flickr.

So, here is a memory jogger. this is an album of RealNames related people and events between 1998 and 2002.

Wow! Mike looks young. And so does Jean-Marie. As for me. I look pretty much the same :-(. But what great memories. And now shared… 🙂

Notable faces:

Gené McPherson, Jim Strawbridge, Rob Reid, Griffin Golamco, Barbara Gore, Nicolas Popp, Bruce Ong, Ted West, Amy Katch, Jeff Stephenson, Rob Bowman, Rusty Baker, The DARNAPSNPS Whieboard (our business plan), Mary Burnside, Terri Holbrooke, Alan Marcum, John Dowd, Greg Ott, Yves Arrouye, and many others….

Leave a comment if I missed you out.

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Canon 5D Mk II and Nikon D3X and Hitler – Hilarious http://teare.com/2008/12/07/canon-5d-mk-ii-and-nikon-d3x-and-hitler-hilarious/ http://teare.com/2008/12/07/canon-5d-mk-ii-and-nikon-d3x-and-hitler-hilarious/#respond Sun, 07 Dec 2008 20:07:49 +0000 http://www.teare.com/?p=396 Continue reading "Canon 5D Mk II and Nikon D3X and Hitler – Hilarious"]]> I just took delivery of a new Canon 5D Mark II. Its a 21 megapixel hottie with full 1080p video. Here’s an example video of my 2 year old - http://gallery.me.com/kteare#100150.

Then, Nikon announced a 24.5 Megapixel D3X for $8000 (the Canon is $2699.00). It doesn’t do video! And by many measures it is a worse camera.

Here’s what Hitler thinks – warning, it is VERY funny.

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Rebooting a nation – not impossible it seems! http://teare.com/2008/11/05/rebooting-a-nation-not-impossible-it-seems/ http://teare.com/2008/11/05/rebooting-a-nation-not-impossible-it-seems/#comments Thu, 06 Nov 2008 07:11:45 +0000 http://www.teare.com/?p=390 Continue reading "Rebooting a nation – not impossible it seems!"]]>

The news of Barak Obama’s election victory, inevitable as it has seemed for weeks, if not for months, has barely sunk in. Commentators as diverse as George Bush and The Reverend Jessie Jackson are agreed about one thing – Americans (and I am now one) should be proud of themselves for electing an African-American as leader of the USA. It is historical. It is a proud moment for the people of the USA and shows they are looking to the future with optimism, not the past with cynicism.

But the significance of Obama’s victory goes far beyond what it means for the position of African-Americans in society, or for what it means for the rest of American society, significant as those things are. His victory brings to an end an era that began with Ronald Reagan, remained largely unchanged during the Bush senior and Clinton years, and has been relied on entirely under George W Bush. That is an era in which fear of internal and external enemies, or of cultural difference dominated the political discourse and atomized and paralyzed the American electorate. These were the years in which there was thought to be a Conservative majority, albeit a silent one. An era in which big bold optimistic ideas were frowned upon. An era in which the population as a whole was given the role of passive agent, living our lives, safe in the knowledge that we were protected by an all-powerful government.

America has been re-booted, with a new operating system. The past was a PC, Obama is a Mac. He is clever, attractive, well put together, desirable, optimistic, and many other good things. Above all else he is wanted – by Americans, by foreigners, by the world as a whole it seems. And he has unleashed and become a focus for the power of the people. Americans now officially care and are prepared to put their money where their mouth is. Optimism is Wired – Fear is Tired.

Obama’s movement has unleashed a bottoms up openness. The People can no longer be seen as a passive, fear-focused, manageable mob whose only job is to show up to vote every 4 years for the fear-monger in chief. The future will not look like the past. It will be better. There will be more thinking, more doing, more optimism and more real politics.

So… before I get too carried away I will end this piece by saying – YES! What a great feeling this is! At last we have an operating system that won’t keep crashing. It looks good. It feels good. I want it. And better still, it is crowd sourced!

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RSS has peaked! – Forrester. Nope, it hasn’t! – Me http://teare.com/2008/10/20/rss-has-peaked-forrester-nope-it-hasnt-me/ http://teare.com/2008/10/20/rss-has-peaked-forrester-nope-it-hasnt-me/#respond Tue, 21 Oct 2008 02:36:52 +0000 http://www.teare.com/?p=381 Continue reading "RSS has peaked! – Forrester. Nope, it hasn’t! – Me"]]> Forrester released a report today ($279 download if you want it). Titled “What’s holding RSS back?” it claims that only 11% of Internet consumers use RSS and that those who have not don’t understand it.

Steve Rubel at Micro Persuasion responds that :

“..while feed adoption may have crested the idea of online opt-in communications is just getting going. The Facebook newsfeed, Twitter and Friendfeed are perfect examples of opt-in vehichles that bring content you care about to you. In each case, you’re total in control. You can unsubscribe from individuals or groups and tailor the stream so that what you want finds you.”

Whilst Steve is right about the adoption of technologies like Twitter, Friendfeed and Facebook, that really misses the point about RSS.

RSS is simply a form of XML, designed for allowing applications to syndicate, and others to aggregate. It is not a “consumer application. It is an enabling technology for consumer applications.

Somebody who reads a classified ad on Oodle.com is doing so because, in the background, RSS is being used to get the Ad from its source, onto Oodle. If you read the same ad on one of Oodle’s network partners like Yell, it may have gotten there via an RSS feed. Similarly, a Techmeme article arrives, partly due to RSS.

In other words, RSS is widely adopted and makes possible a wide range of applications that rely on aggregation (inbound data) or syndication (outbound data). Is the movement of data around the network, by applications, using RSS, going to stall. I don’t think so. Are the number of consumers who see data on the web, data that is only there because of the existence of RSS, going to grow? Hell yes!

It feels like Forrester may have been asking the wrong question. Not, how many consumers want RSS? But, how many Internet users want applications that can save them browsing and discovery time by aggregating their preferred content into one or more places? The former may stall (although I doubt that is true) but the latter will certainly not.

Having said that, the report does have a point. Giving consumers places to read about their passions, drawing on the work of many, via aggregation, has to be a priority for Internet publishers. But just as high a priority is hiding the complexities that go along with today’s “blog readers” and simply giving people the content they want. No argument there.

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Cleese on Obama, McCain, Biden and Palin, Oh… and the USA – On Seesmic. http://teare.com/2008/10/20/cleese-on-obama-mccain-biden-and-palin-oh-and-the-usa-on-seesmic/ http://teare.com/2008/10/20/cleese-on-obama-mccain-biden-and-palin-oh-and-the-usa-on-seesmic/#respond Mon, 20 Oct 2008 23:44:45 +0000 http://www.teare.com/?p=375 Astute and Hilarious

Great use of Seesmic.

John Cleese (part 2): Obama, Biden & Fox News

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My prediction for the general election http://teare.com/2008/10/12/my-prediction-for-the-general-election/ http://teare.com/2008/10/12/my-prediction-for-the-general-election/#respond Sun, 12 Oct 2008 16:59:08 +0000 http://www.teare.com/?p=370 Continue reading "My prediction for the general election"]]> I used the USA Today vote tracker today. Here’s where I came out in my predictions.

I hope I’m close 🙂

Having said that Obama is clearly the “lesser of 2 evils”. I don’t agree with a lot of what he says. Particularly his belief that the US should send more troops to Afghanistan and Pakistan.

I just prefer him to McCain.

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New fotonauts milestone http://teare.com/2008/10/10/new-fotonauts-milestone/ http://teare.com/2008/10/10/new-fotonauts-milestone/#respond Fri, 10 Oct 2008 19:29:05 +0000 http://www.teare.com/?p=361 Continue reading "New fotonauts milestone"]]> Slowly but surely the fotonauts development team is getting to the point where we can begin to release invites from the – now very long – queue. It will be worth the wait.

Today I was able to make an album from my Aperture library, and without time to even blink, a web version of the album was available for me to share – http://www.fotonauts.com/albums/d5b780ae-8509-4f01-9a4d-38fa974a6255. I also published it to my Flickr account without extra effort – http://www.flickr.com/photos/kteare/sets/72157607916412505/.

And, as with all albums, I could make a widget to put here:

Up until now the web versions of albums could only be seen by those already participating in the beta, and Aperture was not on the list of sources, and Flickr, whilst there, was not so easy. This entire thing took about 2 minutes, start to end.

Sadly, these are my best pictures (from about 15,000). So as you can see, fotonauts needs photographers able to show it off at its best. Mine barely do so 🙂

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Economic Crisis, Financial Crisis, Debt Crisis? Is USA Inc finished? http://teare.com/2008/10/09/economic-crisis-financial-crisis-debt-crisis-is-usa-inc-finished/ http://teare.com/2008/10/09/economic-crisis-financial-crisis-debt-crisis-is-usa-inc-finished/#respond Thu, 09 Oct 2008 21:53:23 +0000 http://www.teare.com/?p=355 Continue reading "Economic Crisis, Financial Crisis, Debt Crisis? Is USA Inc finished?"]]>

You know the old saying – Bulls make money, Bears make money and Pigs get slaughtered.

Well, take a look at this graph from the World Bank:

It seems like Iceland is Pig number 1. Look at who is number 2!

The chart is measuring domestic credit as a % of GDP, or the extent to which the nation as a whole is leveraged. These are 2005 numbers and significantly understate the current numbers, which in the US have been reported as being at 435%. That means for every real $ in circulation there is $4.35 in credit.

I’m not saying that USA Inc. could go bankrupt, like Iceland. But, the nation whose currency provides the basis on which world trade happens is clearly at a crossroads. As a Brit, we learned about this in history – the end of empire and all that.

If the current crisis is significant in the future it may be because it is the time when the world realized that it no longer has a leader. In the case of Britain that happened in the 1870s. It took two world wars and the great depression for the world to get to a new equilibrium. I hope this time it is less painful, and happens more rapidly.

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Jean-Michel Jarre posting pictures on fotonauts http://teare.com/2008/10/04/jean-michel-jarre-posting-to-fotonauts/ http://teare.com/2008/10/04/jean-michel-jarre-posting-to-fotonauts/#respond Sat, 04 Oct 2008 16:29:30 +0000 http://www.teare.com/?p=346 Continue reading "Jean-Michel Jarre posting pictures on fotonauts"]]> Jean-Michel Jarre has – he claims – been resting. And during his rest he has started playing with fotonauts – as one of the very early beta testers.

fotonauts albums can already be posted in the wild via widget.

Here is a page from his “Concerts” Album – from his Paris concert in 2007.

And Barcelona 2008

As you can see below – the application gives him a direct means of communicating with his audience, and allows them to add their own photos from the concerts.

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De-portalization and Internet Revenues I http://teare.com/2008/09/24/de-portalization-and-internet-revenues-2/ http://teare.com/2008/09/24/de-portalization-and-internet-revenues-2/#comments Wed, 24 Sep 2008 12:46:29 +0000 http://www.teare.com/?p=333 Continue reading "De-portalization and Internet Revenues I"]]> I am re-posting this from the edgeio blog. Mainly because I think it has current relevance and will in future have historical value.

I’m not certain the edgeio blog will continue to exist, so this is the new home for the post. Since it was originally written we have seen the rise of Adbrite, Glam, Sugar Publishing, Digg and other businesses based on understanding the proliferation of publishing, reading habits, and advertising away from the big portals. I also note that Chris Anderson of Long Tail fame commented on the post, something I failed to notice originally. So, here is the original post

This post is a little more philosophical than most that you will see here. It provides a little bit of background as to why edgeio is in the business of bringing together, organizing and distributing listings to the edge of the network. In short it is because we believe that the Internet is moving away from big centralized portals, which have gathered the lions share of Internet traffic, towards a pattern where traffic is generally much flatter. The mountains, if you will, continue to exist. But the foothills advance and take up more of the overall pie. Fred Wilson had a post earlier this week about the de-portalization of the Internet which is essentially making the same point when seen from the point of view of Yahoo.

Update: 11am Pacific, Sunday 10 December

Several commentators are seeing the word “de-portalization” (first coined by Fred Wilson) and reading “end of portals”. To be clear, and apologies if I wasn’t already, de-portalization represents a change in the relative weight of portals in a traffic sense, and the emergence of what I call the “foothills” as a major source of traffic. This will affect money flows. Portals will remain both large and will continue to grow. But relatively less than the traffic in the foothills. The foothills will monetize under greater control of its publishers and the dollar value of its traffic is already large and will get much larger.

The following 3 graphics illustrate what we believe has happened already and is likely to continue.

The first picture is a rough depiction of Internet traffic before the flattening

2004 and all that

The second picture is a rough depiction of today – with the mountains still evident, but much less so

The rise of the foothills

The third picture is where these trends are leading. To a flatter world of more evenly disributed traffic.

The future pattern of web traffic

Some of the consequences of this trend are profound. Here are our top 10 things to watch as de-portalization continues..

1. The revenue growth that has characterized the Internet since 1994 will continue. But more and more of the revenue will be made in the foothills, not the mountains.
2. If the major destination sites want to participate in it they will need to find a way to be involved in the traffic that inhabits the foothills.
3. Widgets are a symptom of this need to embed yourself in the distributed traffic of the foothills.
4. Portals that try to widgetize the foothills will do less well than those who truly embrace distributed content, but better than those who ignore the trends.
5. Every pair of eyeballs in the foothills will have many competing advertisers looking to connect with them. Publishers will benefit from this.
6. Because of this competition the dollar value of the traffic that is in the foothills will be (already is) vastly more than a generic ad platform like Google Adsense or Yahoo’s Panama can realize. Techcrunch ($180,000 last month according to the SF Chronicle) is an example of how much more money a publisher who sells advertising and listings to target advertisers can make than when in the hands of an advertiser focused middleman like Google.
7. Publisher driven revenue models will increasingly replace middlemen. There will be no successful advertiser driven models in the foothills, only publisher centric models. Successful platform vendors will put the publisher at the center of the world in a sellers market for eyeballs. There will be more publishers able to make $180,000 a month.
8. Portals will need to evolve into platform companies in order to participate in a huge growth of Internet revenues. Service to publishers will be a huge part of this. Otherwise they will end up like Infospace, or maybe Infoseek. Relics of the past.
9. Search however will become more important as content becomes more distributed. Yet it will command less and less a proportion of the growing Internet traffic.
10. Smart companies will (a) help content find traffic by enabling its distribution. (b) help users find content that is widely dispersed by providing great search. (c) help the publishers in the rising foothills maximize the value of their publications.


Kevin Burton
Mike Arrington
Keith Teare’s Weblog
Dan Farber at ZDNet
Mark Evans
Fred Wilson
Ivan Pope at Snipperoo
Tech Tailrank
Collaborative Thinking
David Black
Surfing the Chaos
Ben Griffiths
Dave Winer (great pics)
Kosso’s Braingarden
Dizzy Thinks
Mark Evans

Dare Obasanjo

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fotonauts in the wild http://teare.com/2008/09/18/fotonauts-in-the-wild/ http://teare.com/2008/09/18/fotonauts-in-the-wild/#respond Thu, 18 Sep 2008 15:26:45 +0000 http://www.teare.com/?p=321 Continue reading "fotonauts in the wild"]]> In spite of Mike banning us from competing for any of the prizes at TechCrunch50 (due to my shareholding in both TechCrunch and fotonauts and so a perceived conflict of interest) Jean-Marie Hullot, David Rosenblatt and I had a great time at the event last week. We showed the world fotonauts for the first time, launching the private beta of the Mac and Windows application and the web service. To top it all CNet (which had no conflict) put us in the top ten companies from both TechCrunch50 and DEMO.

You can see Jean-Marie’s 8 minute presentation, sign up to be invited to the private beta and read the press coverage: here.

But, perhaps more exciting than all of that, we just released the widget publishing element of fotonauts into the wild. Joi Ito was the first to go live with it on his blog – here and here.

In honor of the moment, here is Joi’s experimental FreeSouls widget. In the spirit of the fotonauts project, all pictures are creative commons licensed and so I can re-produce them here for your viewing pleasure.

And here is my experimental TechCrunch50 Album:

We have many thousands of requests to be invited to the private beta – thank you – and we expect to start releasing invites during October. I’ll get more precise as the exact dats become clear.

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Is it me or is the Beijing 2008 Olympics Medal Table being “Americanized”? http://teare.com/2008/08/18/is-it-me-or-is-the-beijing-2008-olympics-medal-table-being-americanized/ http://teare.com/2008/08/18/is-it-me-or-is-the-beijing-2008-olympics-medal-table-being-americanized/#comments Mon, 18 Aug 2008 22:56:57 +0000 http://www.teare.com/?p=312 Continue reading "Is it me or is the Beijing 2008 Olympics Medal Table being “Americanized”?"]]> Ok, I became a US citizen last week and there is a danger, amidst all of the patriotic outpouring that is the citizenship ceremony, and the frenzy of Phelps generated nationalism, that in response I am over-compensating. In other words I may be seeing devils where there are none.

However, what I am about to show you seems, on the face of it, a cheap attempt to make the US Olympic effort seem better than that of the host country, China.

Here is the official medal table from the Olympic Committee’s official web site:

Official Olympics Medal Table

Now, look at the NBC version of the table:

NBC Version of Olympics Medal Table

Wow – the US is first 🙂

To be sure I checked out the BBC’s site. Here is its version:


BBC Olympic Medal Table


So…. why do all US based Olympic medal tables deviate from the official version, whilst the rest of the world does not? Could it be that the only way to get the US in first position is to add Gold, Silver and Bronze into a total and then order the results by total medals won, implying that all medals are equal?

Or to put it another way – let’s assume you applied this methodology to a single event, oh I don’t know, let’s say… swimming (ludicrous I know, but it makes the point) – that would mean that the silver and bronze medal winners in Phelps events are counted equally to him, and so a person who won 1 gold, 3 silvers and 7 bronzes (11 medals in total) would be a bigger winner than Phelps.

Makes no sense does it 🙂

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Technology Blog Valuations – Getting to be Real! http://teare.com/2008/07/12/technology-blog-valuations-getting-to-be-real/ http://teare.com/2008/07/12/technology-blog-valuations-getting-to-be-real/#comments Sat, 12 Jul 2008 15:57:42 +0000 http://www.teare.com/?p=291 Continue reading "Technology Blog Valuations – Getting to be Real!"]]> Update 2:Rafat has a comment to this post pointing out that by just looking at paidcontent.org I am doing the valuation of ContentNext a disservice. Of course he is quite right. ContentNext has other sites and also events. It is also true to say – although Rafat doesn’t – that valuation has many variables, including the quality of the people etc. Rafat is very good at what he does and he has a great team. So … fair point Rafat.

In my own defense, this post is not intended to be a scientific analysis of valuation. I did a “back of the envelope” comparison. I didn’t take into account any of the other sites that GigaOm has, or TechCrunch, or ReadWriteWeb. I also didn’t take into account TechCrunch events. All I was saying is, there are probably (by relative comparison of the web sites) some pretty valuable businesses out there right now. Hope you agree with that Rafat.

Update: Kara Swisher is speculating who’s next. Jeff Jarvis is hoping she’s wrong. Now there’s a Techmeme discussion.

The news that Rafat Ali’s ContentNext, owner of PaidContent.org, has been acquired by the UK’s Guardian Media Group got me to thinking. What does this mean for the valuations of other Tech blogs?

I did a quick back of the envelope calculation based on the numbers published and the Compete.com stats for June 2008.

By this math PaidContent.org got something like $139 per unique reader or $56 per visit as an acquisition price. Of course the Compete stats will not be wholly accurate (although Quantcast has Paidcontent.org at only 40,000 unique visitors, so Compete could be high)

Using Compete.com for 4 other significant technology Blog services we get some interesting numbers. TechCrunch should be valued at between $200 and $450m; GigaOm at between $46 and $55m; ReadWriteWeb at between $63 and $65m and Venturebeat between $50 and $53m. I’d say a merger between these 4 would bring them collectively up to about $350-500m even without the synergies and growth prospects of being one. I also looked at the search analytics data from Compete.com. 4,563 keywords for TechCrunch, 585 for GigaOm, 913 for ReadWriteWeb, 581 for Venturebeat and 363 for PaidContent.org Interesting indeed.

I am adding some graphics from Compete.com (all from this URL).

Disclosure: I am a shareholder in TechCrunch – along with Mike Arrington.

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OpenID and Data Portability http://teare.com/2008/05/27/openid-and-data-portability/ http://teare.com/2008/05/27/openid-and-data-portability/#respond Tue, 27 May 2008 16:28:48 +0000 http://www.teare.com/?p=288 Continue reading "OpenID and Data Portability"]]> Nicolas Popp – a leading advocate of Open Identity and data solutions – posted on his VeriSign blog today following the rather heated discussions that have ensued since Google announced its Friend Connect product recently.

Nico’s employer – VeriSign – along with Microsoft, Yahoo, Google, AOL and others, is a member of the board of the OpenID foundation.Nico’s primary argument (emphasis mine) is that:

Undoubtedly, data portability is the natural child of federated identity (more on that in a future post). Personal and social data are an important part of any consumer identity’. Like identifiers, credentials and profile attributes, social graphs, activity streams belong to the end user who created them in the first place. In the long run, consumers will require full control, privacy, security and portability over such personal information. Therefore, the identity technical community must engineer a new and comprehensive identity portability layer. The new layer needs to broaden the tradition notion of identity federation beyond names, passwords and profile to encompass the full gamet of personal and social data. Furthermore, this new layer must support a plurality of identity service providers who can compete and distinguish themselves by the quality of their service and the user experience that they provide. Freeing our data off Web portals and social networks by creating a new service layer dominated by one single service provider is hardly trading one master for another.

I am in full agreement with this approach. And .. as coincidence would have it, last week I registered the domain name – itsmygraph.com – with a view to beginning to participate in this discussion. I have an early draft of my thoughts. They are at sites.itsmygraph.com. But as a teaser – here is my high level view of the evolution of Internet Users:

I would love to get feedback on your thoughts about the future of data portability and its relationship to OpenID and OAuth.

My personal view is that Michael Arrington had it right when he said recently:

I’ll say what the OpenID Foundation cannot, for political reasons – It’s time for these companies to do what’s right for the users and fully adopt OpenID as relying parties. That doesn’t fit in with their strategy of owning the identity of as many Internet users as possible, but it certainly fits in with the Internet’s very serious need for an open, distributed and secure single log in system (OpenID is all three).

If and when the Big Four become relying parties, the floodgates will truly open and there will be no looking back. And until they do that, I’m not buying that they really support what OpenID is trying to accomplish.

The Conversation:


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Manchester United – Champions again! http://teare.com/2008/05/11/manchester-united-champions-again/ http://teare.com/2008/05/11/manchester-united-champions-again/#respond Sun, 11 May 2008 17:38:25 +0000 http://www.teare.com/?p=283 Continue reading "Manchester United – Champions again!"]]> I spent a great morning watching Manchester United beat Wigan 2-0 to become English Premier League champions.



After a nail-biting 90 minutes, Chelsea eventually only tied with Bolton 1-1. united were far and away the best team all season. Next up….. United v Chelsea in the European Champions League final – May 21st. Can’t wait.

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Marvel Cease and Desist to TechCrunch http://teare.com/2008/04/29/marvel-cease-and-desist-to-techcrunch/ http://teare.com/2008/04/29/marvel-cease-and-desist-to-techcrunch/#respond Wed, 30 Apr 2008 01:22:42 +0000 http://www.teare.com/?p=280 As the man says – “Unbelieveable”!

Marvel lawyers have sent a cease and desist to TechCrunch on the plans to show Iron Man for $1 a seat – tomorrow in San Francisco.


What – gives? Play the video and see. You can leave video comments here (click on the Seesmic link in the comments)

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Dave McClure’s Web 2.0 Expo Slides http://teare.com/2008/04/23/dave-mclures-web-20-expo-slides/ http://teare.com/2008/04/23/dave-mclures-web-20-expo-slides/#respond Wed, 23 Apr 2008 19:45:39 +0000 http://www.teare.com/?p=277 I’m a big fan of Dave McClure’s approach to product marketing.

Today he gave a talk and led a discussion at Web 2.0 Expo. His slides are below.

Andrew Chen has a good follow up

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Marc Canter is on a roll http://teare.com/2008/04/18/marc-canter-is-on-a-roll/ http://teare.com/2008/04/18/marc-canter-is-on-a-roll/#respond Fri, 18 Apr 2008 19:21:43 +0000 http://www.teare.com/?p=276 Continue reading "Marc Canter is on a roll"]]> I just looked at my WordPress dashboard and noticed that Marc Canter had linked to me. Curious, I clicked to see what Marc (who is always interesting) had been up to.

Wow! What a nice surprise. Not only did he describe me as one of the:

Major players and people to watch and listen to:

which is always great for the ego :-).

But he has written an awesome series of posts about the emerging trends in data, architecture, and users.

Here is the post I read first, but it is part of a series entitled “How to build the Mesh”.

I won’t repeat Marc’s lengthy discussion here, just to say – go and read it.

Part 1 is Social Graphs and Groups
Part 2 is Persistent, Ubiquitous Content
Part 3 is Shared Structured Content Servers

Part 4 is on the way.

Marc is not only, together with Chris Messina and Tantek Çelik, a really focused advocate of open, user-centric, web services. He is also a brutally honest, yet nice, guy.

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Slideshow of the day – Yeah! http://teare.com/2008/04/18/slideshow-of-the-day-yeah/ http://teare.com/2008/04/18/slideshow-of-the-day-yeah/#respond Fri, 18 Apr 2008 18:30:49 +0000 http://www.teare.com/?p=272 I just got this email from Slideshare:

It is based on a post I did yesterday to earningscast.com
You can check it out here: Slideshare
Here’s the homepage.

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fotonauts and me http://teare.com/2008/02/18/fotonauts-and-me/ http://teare.com/2008/02/18/fotonauts-and-me/#comments Tue, 19 Feb 2008 02:03:47 +0000 http://www.teare.com/fotonauts-and-me Continue reading "fotonauts and me"]]> I am getting inundated with requests for more information about Jean-Marie Hullot’s new startup fotonauts. Mike Arrington has a post up on Techcrunch that speculates about the company.

Mike rightly states that I am going to play a role in the company, and also that there is, indeed, a company. The technical team is in Paris as Mike states. I will be remaining in Palo Alto.

Aside from that I cannot say anything at this point. The company will not be announcing any products for a few months. And we will not be pre-announcing what we are doing.

However …. it is awesome and exciting 🙂

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end of an era, start of another http://teare.com/2008/02/02/end-of-an-era-start-of-another/ http://teare.com/2008/02/02/end-of-an-era-start-of-another/#respond Sat, 02 Feb 2008 20:54:40 +0000 http://www.teare.com/end-of-an-era-start-of-another Continue reading "end of an era, start of another"]]> Earlier today I posted on the edgeio blog the news that the transition of edgeio to its new owners – Looksmart and Vast.com – is complete from my point of view. I continue to believe that edge-published classifieds will one day be a large advertising opportunity, and sooner rather than later.

The edgeio web site will go silent for a while until Looksmart integrates it into their ad platform. Vast.com has already gone live with the real estate assets they acquired.

As for me. i am playing with a few things:

1. I have office space at 654 High in Palo Alto, through 31 August. If you have a pre-funded startup and want help, ding me. I can help.

2. I am playing with vertically specific social media. http://seriouslypolitics.com, http://seriouslywallstreet.com and http://seriouslymedia.com are VERY early implementations of some thinking I am doing about supporting people who are highly focused on specific interests to remove noise and allow higher productivity within their interest area. If this is an area that interests you, again, ping me.

3. I am working with my friend Jean-Marie Hullot again (he and I co-founded RealNames). He and his team in Paris (France) have been working in stealth on an awesome concept for 2 years. Later this year I will help bring it to market. Can’t say any more. but I am in Paris Mon-Thurs, and London Friday this week if anybody wants to get together. My cell is +1-650-704-2674.

4. I am working with a bunch of startups – Spotplex; Real Time Matrix; Snipperoo; AboutUs.org. It is great to work with entrepreneurs on early stage products.

5. I continue to be involved with Mike at TechCrunch. I can’t believe how amazing its growth and influence is. Very exciting! Very Mike!

So that’s my update. I’m on Twitter quite a bit if you want to follow me – http://www.twitter.com/kteare.

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Google and the newspapers http://teare.com/2007/09/06/google-and-the-newspapers/ http://teare.com/2007/09/06/google-and-the-newspapers/#respond Thu, 06 Sep 2007 19:40:15 +0000 http://www.teare.com/google-and-the-newspapers Continue reading "Google and the newspapers"]]> t_google_logo_hires-1.jpg

Over the long labor day weekend Google announced a serious change in the way Google News will relate to the various wire services and the newspaper industry. The change could have a dramatic impact on the traffic Google News sends to newspaper web sites. There have been several commentaries on the developments and Techmeme has been a great source tracking them.

The New York Times, ironically carrying a Reuters syndicated article, said

                Google is playing host to articles from four news agencies, including The Associated Press, the company said Friday, setting the stage for it to generate advertising revenue from Google News.

            The news agencies — the Press Association of Britain, Canadian Press, Agence France-Presse and The A.P. — now have their articles featured with the organizations’ own brands on Google News. The companies have agreed to license news feeds to Google.
            The five-year-old Google News service previously searched the Web to uncover links to news articles from thousands of sources, and clustered links on similar subjects together.”

The impact of the decision was also well understood by the Reuters writer:

            “Because of Google’s campaign to simultaneously reduce duplicate articles, the original wire service article is likely to be featured in Google News instead of versions of the same article from newspaper customers, sapping ad revenue to those newspapers.”

It is worth viewing this incredible serious news in context. Newspapers are reeling from a very recent and sudden drop in classified advertising revenues. Many of the top publications saw falls of more than 20% in Q2 alone. Last week the Washington Post’s Sam Diaz published a story covering the most recent trends. Techmeme’s gathering together of the conversation is here. The Washington Post piece is here. The conclusion, which Don Dodge articulates well is that:

    “The Next Big Thing – Online classified ads, local search, and mobile search are huge markets, with no dominant leader, and lots of opportunity for innovation. New business models will emerge and a new set of leaders will reap billions in profits…pennies at a time.”

Or, to put the same thing another way, newspaper classified revenues are likely to continue to decline as online classifieds revenue grows. If true this will represent a blow to the newspapers to compound the impact of the Google News decision.


My own research – and as ceo of edgeio I have a strong stake in the game so I have done a lot – suggests that these trends are both strong and relatively irreversible. But it also suggests that online classified revenues are not yet growing sufficiently to stem the decline in print classified revenues.

Here is the entire US advertising spend since 2001. It has grown every year.

The newspapers share of this spend has declined.

More graphically:

Now, within that decline there has been a growth of online revenues for the newspapers as the following chart shows:

But, this growth has been too small to make a big difference. If the newspapers are to survive they need to attract more traffic and more advertisers than they have so far been capable of. Dodge suggests that this will be achieved by becoming more “local”, even “hyper-local”. I have to say that I believe he may prove to be right, but not for many years. There is no current evidence that individuals are adopting a strong local mindset when using the Internet. Rather the contrary. The growth of blogs like Techcrunch (disclosure: i am a shareholder) GigaOm, ReadWriteWeb, PaidContent.org and many others suggest that online behavior is shaped more by ones work/interests/hobbies/passions than where one lives. Vertical editorial content is growing in traffic. Local editorial is not growing so fast.

Google has benefitted most from the growth of vertically focused traffic, as the following chart shows. Search advertising – including that embedded in hundreds of thousands of publishers sites, has grown whilst classified advertising has stayed flat as a share of Internet Advertising over the 2001-2006 period.


Classifieds are of course not only local. Magazines have perfected the ability to target ads at vertical interests for many years. Boat ads in boating magazine, job ads in almost every vertically focused publication, car ads in classic car magazines, furniture ads in House and Home publications and so on.


Beyond all of this there is still a big opportunity for newspapers to grow revenue.

As the chart alongside shows, the newspapers still command a giant number of absolute dollars. There is time to figure out how to do classifieds online. The stand-alone classified sites (eBay, Craigslist, Monster, Careerbuilder) have built awesome businesses that mirror offline publications like Autotrader in the US and Exchange and Mart in the UK. They are stand-alone, classified-only environments.  Together they accounted for only $3.1 billion in revenues in 2006.

There is a much larger pie to be figured in discovering how to embed classified advertising in editorialized environments in a manner that is targeted at the readers of those publications.  In other words, to do online what the magazine industry has done so well offline. This may well be an opportunity greater than $15 billion a year in new revenues.

So… it is still all to be played for, and it will be fun being involved. The online classified players, the newspapers and the magazines are all likely to be involved as this plays out. And all stand to grow revenues.

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launching seriouslymedia http://teare.com/2007/09/06/launching-seriouslymedia/ http://teare.com/2007/09/06/launching-seriouslymedia/#respond Fri, 07 Sep 2007 00:32:19 +0000 http://www.teare.com/launching-seriouslymedia Continue reading "launching seriouslymedia"]]> medialandscape.jpg


I decided to start publishing a blog about the challenges and opportunities facing the media business because I think the subject is seriously interesting. I read almost everything and everybody, and there are some great resources (paidcontent.org; techcrunch; ReadWriteWeb; GigaOm; Henry Blodget’s blog; Jeff Jarvis, Don Dodge, various industry research analysts, the media itself, and many more). So, I thought, why not write about what I read? It will give me a great opportunity to begin to say what I think, and force me to be sufficiently disciplined to digest and evolve my views. If I am really fortunate others will enjoy reading it. So, welcome to seriouslymedia.

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edgeio has announced the paid content platform. Distributed Commerce meets Web 2.0 http://teare.com/2007/08/10/edgeio-has-announced-the-paid-content-platform-distributed-commerce-meets-web-20/ http://teare.com/2007/08/10/edgeio-has-announced-the-paid-content-platform-distributed-commerce-meets-web-20/#respond Fri, 10 Aug 2007 20:15:34 +0000 http://www.teare.com/edgeio-has-announced-the-paid-content-platform-distributed-commerce-meets-web-20 Continue reading "edgeio has announced the paid content platform. Distributed Commerce meets Web 2.0"]]> Press release for download

Product Description given to Gnomedex Attendees

News from the Web on this:

Digg – here
Techmeme – here and here
ReadWrite web – here
TechCrunch – here
Venturebeat – here
Gnomedex – here
Jeff Jarvis – here
Dan Farber – ZDNet – here
Rob Hof at BusinessWeek – here
Bub.blicio.us – here
Mashable – here
Forecast Blog – here

It has been a great effort by the team at edgeio to get this launched. The company now has 6000 advertisers who will, by September, have 29 million classified ads in the system, and with the launch of “Classified Boards” in March recruited its first 1000 publishers. Now with “Transactional Classifieds” the number of publishers who can use edgeio will grow enormously. The vision of a Classified Ad Network for the Internet is one step closer.

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Looks like Vonage may be on the mend. http://teare.com/2007/08/09/looks-like-vonage-may-be-on-the-mend/ http://teare.com/2007/08/09/looks-like-vonage-may-be-on-the-mend/#respond Thu, 09 Aug 2007 17:23:07 +0000 http://www.teare.com/looks-like-vonage-may-be-on-the-mend

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Techcrunch founder Michael Arrington is even more famous http://teare.com/2007/06/25/techcrunch-founder-michael-arrington-is-even-more-famous/ http://teare.com/2007/06/25/techcrunch-founder-michael-arrington-is-even-more-famous/#comments Mon, 25 Jun 2007 22:42:33 +0000 http://www.teare.com/techcrunch-founder-michael-arrington-is-even-more-famous Continue reading "Techcrunch founder Michael Arrington is even more famous"]]> Fred Vogelstein from Wired has written a really good profile of TechCrunch and Michael Arrington. It manages to capture the Mike that I know and love.

The profile starts out with the story of 3 Dutch entrepreneurs descending on Mikes house at 10am one Tuesday morning, wearing white suits and carrying a latte and a croissant.

They have posted their own version of events here and also a video embedded below:

Techmeme is following the discussion.

I have to own up to the fact that it was my suggestion that the guys go and wake Mike up (they had missed seeing him the previous evening). The latte and croissant was my idea too. But I was not foolish enough to accompany them. Waking Mike up before his body naturally rises is not my idea of a good thing to do.

Sorry guys 🙂

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Debating Andrew Keen tonight http://teare.com/2007/06/19/debating-andrew-keen-tonight/ http://teare.com/2007/06/19/debating-andrew-keen-tonight/#respond Tue, 19 Jun 2007 23:09:09 +0000 http://www.teare.com/debating-andrew-keen-tonight Continue reading "Debating Andrew Keen tonight"]]> I will be at the Campbell Barnes & Noble tonight debating author Andrew Keen and his debating partner Nick Carr.

Joining me will be Steve Gilmor and the moderator is Dan Farber of ZDNet. Here is an excerpt from Andrew’s Blog.

Nick Carr’s Big Switch by ZDNet‘s Andrew Keen — Nicholas Carr, amongst the most incisive and profound critic of information technology, will be in Silicon Valley tonight (7.00 pm), at Campbell’s Barnes and Noble bookstore in conversation with ZDNet honcho Dan Farber, Edgeio co-founder/CEO Keith Teare, and Gillmor Gang ringleader & Podtech exec Steve Gillmor, and me. While the event is ostensibly to discuss […]

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TechCrunch20 web site goes live http://teare.com/2007/04/16/techcrunch20-web-site-goes-live/ http://teare.com/2007/04/16/techcrunch20-web-site-goes-live/#comments Mon, 16 Apr 2007 23:47:54 +0000 http://www.teare.com/techcrunch20-web-site-goes-live Continue reading "TechCrunch20 web site goes live"]]> picture-1.pngIt seems like a long time ago that Jason Calcannis and Mike Arrington announced their intention to host a conference for startups in the fall. It was at the DEMO conference at the start of the year. Well ….. TechCrunch20 is now real and today the web site went live with more details of the event.

“The format is simple: Twenty of the hottest new startups from around the world will announce and demo their products over a two day period at TechCrunch20. And they don’t pay a cent to do this. They will be selected to participate based on merit alone.”

The venue is the prestigious Palace Hotel on New Montgomery Street in San Francisco.

Although free to companies the event is not free for attendees. 2-day ticket prices, based on availability, are $1,995 through July 15, 2007 and $2,495 through September 10, 2007. There will be a limit on the numbers attending so get yours now.

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Its true – TechCrunch and F***edCompany to do press release tonight. http://teare.com/2007/03/31/its-true-techcrunch-and-fedcompany-to-do-press-release-tonight/ http://teare.com/2007/03/31/its-true-techcrunch-and-fedcompany-to-do-press-release-tonight/#respond Sat, 31 Mar 2007 22:51:27 +0000 http://www.teare.com/its-true-techcrunch-and-fedcompany-to-do-press-release-tonight Another deal I have had to keep under wraps….. Techcrunch and F***edCompany are set to release news of a merger tonight at around 9pm Pacific Time. Mike has blogged it early due to rumors circulating on the web. Techmeme has it here.

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It is true. Heather Harde is new TechCrunch CEO http://teare.com/2007/03/17/its-true-heather-harde-is-new-techcrunch-ceo/ http://teare.com/2007/03/17/its-true-heather-harde-is-new-techcrunch-ceo/#comments Sun, 18 Mar 2007 04:19:34 +0000 http://www.teare.com/its-true-heather-harde-is-new-techcrunch-ceo Continue reading "It is true. Heather Harde is new TechCrunch CEO"]]> Mike ArringtonOm Malik has the scoop but this is something I have been keeping under my hat for several weeks. Heather Harde, former Fox Interactive Media executive, responsible for Mergers and Acquisitions, is to be the new CEO of TechCrunch.


Mike has now confirmed the news here.


Heather was a key figure in Fox’s strategy to acquire the key assets needed to turn itself into a major Internet presence. She is accomplished, charming and as sharp as a razor. It’s a major coup for Mike and TechCrunch to recruit her. I believe it augurs well for TechCrunch that Mike has decided that the continued growth of his amazing venture requires the services of a hands on senior operational executive.

Heather HardeUntil now I was the only other shareholder in TechCrunch besides Mike (a fact that dates back to our 2005 collaboration in Archimedes Ventures and edgeio). I can’t say how thrilled I am to welcome Heather into the company. I got to know her in my role at edgeio and have found her to be a straightforward, highly observant, passionate and focused person. I don’t know anybody with a bad word to say about her. The potential of TechCrunch is being realised every day. RSS subscribers, unique visitors, advertising revenues, job listings (edgeio hosts CrunchBoard) and every other measure shows this. But the potential is far greater still. Heather and Mike will be the team to realize the vision and take it to a new level. Congratulations to both.



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Salim Ismail to head Yahoo Brickhouse http://teare.com/2007/03/14/salim-ismail-to-head-yahoo-brickhouse/ http://teare.com/2007/03/14/salim-ismail-to-head-yahoo-brickhouse/#respond Thu, 15 Mar 2007 06:17:04 +0000 http://www.teare.com/salim-ismail-to-head-yahoo-brickhouse Continue reading "Salim Ismail to head Yahoo Brickhouse"]]> TechCrunch reports that Salim Ismail is to head the Yahoo Brickhouse project. Yahoo’s intention is to create an internal incubator – think Google Labs – and so encourage innovation and productizing akin to forming lots of internal startups.

Salim is a great choice for this role. Currently heading up Confabb (to be replaced by David Dell) Salim is a serial startup guy. His most recent stint was at PubSub where he served as co-founder and latterly CEO.

I have known Salim for quite a few years now. He has been a great thought partner during the gestation of edgeio and will do a great job in this new role. Yahoo are lucky (and smart) to get him.

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TechCrunch chooses edgeio to power Crunchboard http://teare.com/2007/03/09/techcrunch-chooses-edgeio-to-power-crunchboard/ http://teare.com/2007/03/09/techcrunch-chooses-edgeio-to-power-crunchboard/#respond Fri, 09 Mar 2007 19:07:07 +0000 http://www.teare.com/techcrunch-chooses-edgeio-to-power-crunchboard Continue reading "TechCrunch chooses edgeio to power Crunchboard"]]> Classified boardsMy edgeio co-founder Mike Arrington has chosen the edgeio classified boards product to power his Crunchboard listings marketplace.

Crunchboard is focused on job listings and charged $200 per month for a listing. previously it was a home grown solution that was expensive to build and to run. Now Mike gets the service for free and we handle running it. His cost is a 20% share of revenue.

The phenomenon of sites launching listings boards is interesting. It is kinda strange that content owners in the print world have made significant revenues from listings ($17bn in 2006) yet online listings are typically separated from content in vertically focussed listings silos like Monster, Cars.com or CareerBuilder. edgeio’s bet is that it makes sense for listings to be a source of revenue for a publisher alongside subscriptions (where appropriate) and ads. Indeed, if you look at crunchboard’s listings based revenue and compare it to its AdSense revenue, there is reason to believe that listings can be a bigger than AdSense opportunity for many publishers.

Mike’s post is here

Of course Mike and I may be biased but by addressing the need for a self-service classifieds board platform, enabling any publisher to make revenue from listings, we have made the world a better place 🙂 .

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Google Finance launches Video and extended market quotes http://teare.com/2007/03/08/google-finance-launches-video-and-extended-market-quotes/ http://teare.com/2007/03/08/google-finance-launches-video-and-extended-market-quotes/#respond Thu, 08 Mar 2007 18:56:42 +0000 http://www.teare.com/google-finance-launches-video-and-extended-market-quotes Continue reading "Google Finance launches Video and extended market quotes"]]> Om Malik reports that Google Finance has had a makeover. it doesn’t seem like a lot but I think the direction is great.

Video and Audio are a big part of investor relations these days. For example the entire Morgan Stanley Technology conference is being WebCast.

Expect Google to increasingly “organize the finance worlds information”. That will certainly include these company snapshots presented to investors by CEOs and CFOs.

Earningscast is one of my projects, and we recently started posting company earnings or announcements as slides and audio synchronized in mp4 files. It wouldn’t surprise me to see these show up on Google Finance in future.


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OpenCoffee meetup in Palo Alto http://teare.com/2007/03/06/opencoffee-meetup-in-palo-alto/ http://teare.com/2007/03/06/opencoffee-meetup-in-palo-alto/#comments Tue, 06 Mar 2007 16:34:54 +0000 http://www.teare.com/opencoffee-meetup-in-palo-alto Continue reading "OpenCoffee meetup in Palo Alto"]]> My good friend Saul Klein has bullied and cajoled me into hosting an opencoffee meetup in Palo Alto. They will be on Tuesday mornings at 8.30am. We will meet in Deuce France (my favorite coffee and pastries place). It has great coffee and awesome pan au raison or pan au chocolat.

The goal is to provide a place to meet and greet entreprenuers from outside the US who are in the Valley looking for help/guidance/conversation or just great coffee and pastries.

It kicks off next Tuesday.

Deuce France is in Town and Country Village, on the corner of El Camino Real and Embarcadero in Palo Alto.

Map below.


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edgeio launches Classified Boards http://teare.com/2007/02/20/edgeio-launches-classified-boards/ http://teare.com/2007/02/20/edgeio-launches-classified-boards/#comments Tue, 20 Feb 2007 22:43:06 +0000 http://www.teare.com/edgeio-launches-classified-boards Continue reading "edgeio launches Classified Boards"]]> As promised John Dowd – the product manager for edgeio marketplaces – opened up the beta of the Classified Boards product to the public today.TechCrunch France has already used the platform to launch Crunchboard France.

The announcement is here; Dan Farber has covered it here, and Robert Scoble has an exclusive video walkthrough on the Scobleshow.

I really believe John’s product will help create a classifieds ecosystem for the Internet in the same way Adsense created an advertising ecosystem. Now, just like newspapers and magazines, any web site can earn revenue by putting up a classifieds board and taking paid listings (free boards are also supported).

Congrats to the entire team.

TechMeme conversation here

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edgeio marketplaces – first review http://teare.com/2007/02/18/edgeio-marketplaces-first-review/ http://teare.com/2007/02/18/edgeio-marketplaces-first-review/#comments Sun, 18 Feb 2007 21:37:30 +0000 http://www.teare.com/edgeio-marketplaces-first-review Continue reading "edgeio marketplaces – first review"]]> logo-classified-boards.gif

Well, the first review is in. And its been Dugg.

We pre-announced the product a couple of weeks ago and on Friday the first beta testers had a chance to try it out. More are following throughout the weekend. With any luck we will open it for a public beta on Tuesday.

The idea of allowing any web site to create a free classifieds board, and to take listings into it – either in return for a fee or for free – is core to the first marketplaces product – Classifieds Boards. Theoretically this should make it possible for web sites to do what newspapers and magazines have done for hundreds of years – make revenue from classified listings alongside their revenue for advertising.

Check it out at http://marketplaces.edgeio.com. I have placed a job board on earningscast – took me 5 minutes – at http://jobs.earningscast.com.

To fully “get” edgeio marketplaces it will help to read the “de-portalization” post I did in December.

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Google Q1 2007 Earnings Call http://teare.com/2007/01/31/google-q1-2007-earnings-call/ http://teare.com/2007/01/31/google-q1-2007-earnings-call/#respond Thu, 01 Feb 2007 01:25:57 +0000 http://www.teare.com/2007/01/31/google-q1-2007-earnings-call/ Earningscast has Google’s 2007 Q1 earnings call (covering 2006 Q4 revenues). The GOOG did $3.2 billion in revenues. Awesome.


Blogging Stocks
Om Malik
Paul Kedrosky
Techmeme Discussion Here, Here, and Here
Rob Hof at BusinessWeek

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edgeio pre-launches “listings boards” http://teare.com/2007/01/22/edgeio-pre-launches-listings-boards/ http://teare.com/2007/01/22/edgeio-pre-launches-listings-boards/#respond Mon, 22 Jan 2007 23:30:10 +0000 http://www.teare.com/2007/01/22/edgeio-pre-launches-listings-boards/ Continue reading "edgeio pre-launches “listings boards”"]]> I have just posted a full announcement on the edgeio blog that we are about to launch a commerce platform called edgeio marketplaces. You can read about it and join up for the beta at http://marketplaces.edgeio.com.

In a nutshell it is attempting to make the process of creating revenue carrying features as simple for a small web site as it currently is for the big guys.

The first product on the platform is “Listings Boards”. This will make it possible for any web site owner to create any kind of listings board and decide what to charge to list on the board. It will also allow multiple owners of such boards to build networks of their boards and offer them to a lister for a single price. affiliate programs will also be supported.

I can’t wait to start getting feedback from the community on the product. it has been a long time since the idea was developed and now its time to test it out in the real world.


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I’ve been “tagged” http://teare.com/2006/12/27/ive-been-tagged-2/ http://teare.com/2006/12/27/ive-been-tagged-2/#respond Wed, 27 Dec 2006 18:49:42 +0000 http://www.teare.com/2006/12/27/ive-been-tagged-2/ Continue reading "I’ve been “tagged”"]]> As the title says I have been tagged by Dave Winer.

The rules say I now have to tell you 5 things you didn’t know about me and then tag five others.

So, here goes:

1. I am currently in St James, Cape Town, S Africa. It is a small area between Muizenberg and Fish Hoek (see map).
Cape Town Area
2. I own a home here – on Jacobs ladder.

3. My wife is South African – Gené McPherson. Born in Jo’burg. Her parents and one of her sisters live in Cape Town today. Gené was a co-founder of Cyberia [free subscription needed] (the worlds first Internet Café – London 1994. She was also VP Marketing at RealNames. She is now a Mom – and a great one.

4. We have a new son – born 4 November. Luke Graham Teare. This is the first time his grandparents have seen him and he them. Then again, it is pretty much the first time he has seen anything :-).

5. I am the oldest son of 5 brothers and a sister. Two of my brothers died (one an his first year and one at 37). So there are 3 brothers and a sister remaining. My Mom is still alive  and living in Scarborough, North Yorkshire. She is 72 and I am 52. My brother Brian is CTO at cscape.com, which I started in 1983.

I am tagging Ivan Pope; Gabe Rivera; Auren Hoffman; Michael Tanne and Richard MacManus

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The Pareto Principle is nonsense. http://teare.com/2006/12/10/the-pareto-principle-is-nonsense/ http://teare.com/2006/12/10/the-pareto-principle-is-nonsense/#respond Sun, 10 Dec 2006 20:23:09 +0000 http://www.teare.com/2006/12/10/the-pareto-principle-is-nonsense/ Continue reading "The Pareto Principle is nonsense."]]> In response to the current discussion on Techmeme and TailRank hipmojo writes that the Pareto principle is in play on the internet and that no matter how much we want it to be otherwise 80% of online advertising will go to 20% of the web sites.

When the dust settles, the top 20% of websites will get 80% of ad revenues. It’s that simple. Portals might change in shape, form or nature, but whatever they represent loosely will still get the bulk of revenues and traffic.

With respect, that is nonsense. Since the advent of Google Adsense the shape of internet advertising spend has mirrored the flattening of traffic I speak of on the edgeio blog. Almost half of Google’s revenue comes from Adsense. And about 75% of the dollars earned through Adsense stay with the publishers whose sites the ads run on. Clearly the lions share of the money spent through Google is shared about 50-50 with the publishers in the “foothills”.

It may be worth listening to the Google Earnings calls on Earningscast to validate this.

That is why Google talks so much about “inventory”. That is, traffic from outside google.com. The size and cost of this inventory is a major variable and the need to grow it helps us to understand deals like the one with YouTube.

If you roll the clock back to the pre-Adsense days when DoubleClick ruled, and online advertising was only going to large sites, it is a huge change in monetization and traffic flows. Give Google credit for this.

One of the things my piece argues is that there is a new trend on top of this established one – publisher monetization of their own content through direct relationships to advertisers (job boards, sponsorships and Techmeme like ad units being examples).

Sure the portals are still big but the collective foothills are as big now, and will be a lot bigger in the future.

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De-portalization and Internet revenues http://teare.com/2006/12/09/de-portalization-and-internet-revenues/ http://teare.com/2006/12/09/de-portalization-and-internet-revenues/#comments Sat, 09 Dec 2006 21:09:50 +0000 http://www.teare.com/2006/12/09/de-portalization-and-internet-revenues/ Continue reading "De-portalization and Internet revenues"]]> Last week Fred Wilson did a post on a phenomena he called de-portalization. I think he is right on the money.

I just posted a piece on the edgeio blog that picks up on that theme and discusses the consequences of the trend.

The top 10 consequences are:

1. The revenue growth that has characterized the Internet since 1994 will continue. But more and more of the revenue will be made in the foothills, not the mountains.
2. If the major destination sites want to participate in it they will need to find a way to be involved in the traffic that inhabits the foothills.
3. Widgets are a symptom of this need to embed yourself in the distributed traffic of the foothills.
4. Portals that try to widgetize the foothills will do less well than those who truly embrace distributed content, but better than those who ignore the trends.
5. Every pair of eyeballs in the foothills will have many competing advertisers looking to connect with them. Publishers will benefit from this.
6. Because of this competition the dollar value of the traffic that is in the foothills will be (already is) vastly more than a generic ad platform like Google Adsense or Yahoo’s Panama can realize. Techcrunch ($180,000 last month according to the SF Chronicle) is an example of how much more money a publisher who sells advertising and listings to target advertisers can make than when in the hands of an advertiser focused middleman like Google.
7. Publisher driven revenue models will increasingly replace middlemen. There will be no successful advertiser driven models in the foothills, only publisher centric models. Successful platform vendors will put the publisher at the center of the world in a sellers market for eyeballs. There will be more publishers able to make $180,000 a month.
8. Portals will need to evolve into platform companies in order to participate in a huge growth of Internet revenues. Service to publishers will be a huge part of this. Otherwise they will end up like Infospace, or maybe Infoseek. Relics of the past.
9. Search however will become more important as content becomes more distributed. Yet it will command less and less a proportion of the growing Internet traffic.
10. Smart companies will (a) help content find traffic by enabling its distribution. (b) help users find content that is widely dispersed by providing great search. (c) help the publishers in the rising foothills maximize the value of their publications.


Kevin Burton
Mike Arrington
Dan Farber at ZDNet
Mark Evans
Fred Wilson
Ivan Pope at Snipperoo
Tech Tailrank
Collaborative Thinking
David Black
Surfing the Chaos
Ben Griffiths
Dave Winer (great pics)
Kosso’s Braingarden
Dizzy Thinks
Mark Evans

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edgeio – is becoming a search engine, for “stuff” http://teare.com/2006/12/04/edgeio-is-becoming-a-search-engine-for-stuff/ http://teare.com/2006/12/04/edgeio-is-becoming-a-search-engine-for-stuff/#respond Mon, 04 Dec 2006 16:31:42 +0000 http://www.teare.com/2006/12/04/edgeio-is-becoming-a-search-engine-for-stuff/ Continue reading "edgeio – is becoming a search engine, for “stuff”"]]> Over at the edgeio blog I have posted the first insight into where we are going with edgeio search. It has been about 9 months since we launched edgeio.

We now have a dedicated search team and this is their first push. It is not yet perfect but it is a vast improvement on what was there before (also significantly better than Googlebase search – which is a primary comparison for us).

As the post says we have decided to go with the flow to some extent. Many listings based sites are uploading their listings to edgeio and we are providing search traffic back to them. We are being used as a listings search service by companies with listings and by users looking for listings. A “search engine for stuff” if you will.

Based on our experience there seems to be demand for a search engine that indexes actual items/services/offers/wants/needs. edgeio wants to become that. Try a google search for “Sony Vaio” and compare it to an edgeio search. We show “stuff” (Sony Vaio’s actually) and they show sites about stuff, but no “stuff”. That’s the opening we see. Clearly Googlebase is focused there also, but it is clear that the complexities of owning google.com and its algorithm clash with the need for Googlebase to have its data seen. edgeio actually does better on Google than Googlebase (see examples below).

Let me know what you think. Our first search algorithm is live on edgeio.com now. We have a lot more to do (we know) but its a good first step.


Oh and as promised here are some examples of edgeio’s Google performance. Basically, a secondary effect of the way edgeio is being used is that we have improved rank on google.com for searches that we have lots of listings for. The effect of this is that our listing partners get more traffic. As our listings grow, from thousands of publishers (currently about 6000) that trend should continue.

Here are some Google searches to show that:

2001 Autos
2002 Autos
2003 Autos
2004 Autos
Resale Homes By Owner
Upper East Side Condo
Upper West Side Condo
Lobbyist Jobs
Babysitter Silverthorne

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Luke Graham Teare http://teare.com/2006/11/05/luke-graham-teare/ http://teare.com/2006/11/05/luke-graham-teare/#respond Sun, 05 Nov 2006 17:14:04 +0000 http://www.teare.com/2006/11/05/luke-graham-teare/ Our third boy was born yesterday (Saturday 4 November) at 7pm. He was a healthy 8ibs and 8oz. Mom and Luke are both doing fine. Luke’s brothers are already wanting them home 🙂

Photos Here

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edgeio secures $5m series A financing http://teare.com/2006/10/23/edgeio-secures-5m-series-a-financing/ http://teare.com/2006/10/23/edgeio-secures-5m-series-a-financing/#respond Tue, 24 Oct 2006 06:25:41 +0000 http://www.teare.com/2006/10/23/edgeio-secures-5m-series-a-financing/ Continue reading "edgeio secures $5m series A financing"]]> edgeio_logo.jpgI may be biased but I think edgeio is one day going to be a great company 🙂

Well today we made a few announcements and several people have picked up on them.

Firstly, we have secured a Series A round of financing, led by Intel Capital. Secondly we have launched a Chinese language web site at mulu100.com. Thirdly we have completed the filing of our patent application, originally initiated in October 2005.

There is a lot more coming from us, and some of it quite soon. But this is a great day for me and my partners, Mike Arrington, Matt Kaufman and Vidar Hokstad, and for those who have joined us since we launched. Its also great for our angel investors, our customers and our partners.

Rob Hof has covered the news here.
Techmeme here
And Venturebeat here
Greg Sterling here

The full text of the press release is on the edgeio blog.

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Google Acquired YouTube – Here’s the Call http://teare.com/2006/10/11/google-acquired-youtube-heres-the-call/ http://teare.com/2006/10/11/google-acquired-youtube-heres-the-call/#respond Thu, 12 Oct 2006 01:04:46 +0000 http://www.teare.com/2006/10/11/google-acquired-youtube-heres-the-call/ When Google acquired YouTube in a $1.65bn deal, earningscast.com made the call available via podcast. Here it is:

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TechCrunch 7 http://teare.com/2006/08/20/techcrunch-7/ http://teare.com/2006/08/20/techcrunch-7/#respond Mon, 21 Aug 2006 06:32:41 +0000 http://www.teare.com/2006/08/20/techcrunch-7/ I atternded the Techcrunch 7 party on Friday. Mike – great party!

Here is the video I made:

Lots of discussion here

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2006 FIFA World Cup http://teare.com/2006/06/21/2006-fifa-world-cup-2/ http://teare.com/2006/06/21/2006-fifa-world-cup-2/#respond Wed, 21 Jun 2006 10:37:58 +0000 http://www.teare.com/2006/06/21/2006-fifa-world-cup-2/ Continue reading "2006 FIFA World Cup"]]> Yahoo has launched the official 2006 FIFA World Cup site at http://fifaworldcup.yahoo.com. It’s an awesome news site. Although I suspect ESPN’s Soccernet Site runs it close here

Meanwhile, Archimedes Ventures (disclosure – that’s me) has launched The Soccer Channel. Over time we plan to evolve it into a soccer super site, covering all of the primary leagues in the world. It’s core is Drupal, which means it has blogs, stories, forums, and collaborative book writing. Think of it as the Fans site. Not mainly for news but for views. You can post text, pictures, video objects from Youtube, and file attachments too. Enjoy!

As of today it is fairly empty (just launched) but by June 9th expect coverage of every team, every game and lots of discussion from Fans. Feel free to join and help kick it off.

Oh, it’s free and there are no ads.


Techmeme Discussion

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Schwartz replaces McNealy at Sun http://teare.com/2006/04/24/schwartz-replaces-mcnealy-at-sun/ http://teare.com/2006/04/24/schwartz-replaces-mcnealy-at-sun/#comments Mon, 24 Apr 2006 22:28:17 +0000 http://www.teare.com/2006/04/24/schwartz-replaces-mcnealy-at-sun/ Jonathan Schwartz has replaced Scott McNealy as CEO of Sun Microsystems (note – surely a name change is called for here – Keith).

EarningsCast has the conference call: here


Mercury News
Dana Gardner on ZDNet

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edgeio and Craigslist revisited http://teare.com/2006/04/08/edgeio-and-craigslist-revisited/ http://teare.com/2006/04/08/edgeio-and-craigslist-revisited/#respond Sun, 09 Apr 2006 03:07:26 +0000 http://www.teare.com/?p=222 Bob Wyman of Pubsub has posted a response to the Techdirt post about CraigsList and edgeio. I think Bob’s post is great. I’m almost embarrassed I didn’t say it myself. My only excuse is I was kind of taking the openness of edgeio as a given. But Bob is right. It needs spelling out.

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edgeio announces support for YouTube, Google Video, Skype and PayPal! http://teare.com/2006/04/04/edgeio-announces-support-for-youtube-google-video-skype-and-paypal/ http://teare.com/2006/04/04/edgeio-announces-support-for-youtube-google-video-skype-and-paypal/#respond Tue, 04 Apr 2006 23:17:42 +0000 http://www.teare.com/?p=221 I just posted an item onto the edgeio blog announcing a new set of services edgeio supports. Check it out here:


We’re really excited about the prospects of video classifieds with VoIP and Payments.

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Is scraping and crawling stealing? http://teare.com/2006/03/26/is-scraping-and-crawling-stealing/ http://teare.com/2006/03/26/is-scraping-and-crawling-stealing/#comments Sun, 26 Mar 2006 11:37:52 +0000 http://www.teare.com/index.php/pages/220 Continue reading "Is scraping and crawling stealing?"]]> A spat has blown up over the weekend regarding Oodle and Vast.com “scraping” content from 3rd party sites and re-purposing it inside their environments. This essay is my reaction to the spat. As a founder of edgeio I clearly have an interest in the answer to the question. edgeio does not scrape or crawl. All of its content is permission based (published using the “listing” tag; uploaded directly into edgeio OR published on edgeio directly to a personal listings blog that we host).

However, there is more at stake here than competitive issues between edgeio on the one hand and Vast/Oodle on the other. The wider issue is whether or not scraping (which is very like crawling and indexing except it reads displayed content not files) constitutes stealing of data.

The following is taken from an article on ClickZ:

“This is called stealing content…there’s no advantage to me to have them steal,” commented Laurel Touby, founder and CEO of media industry site mediabistro.com, upon learning that Vast.com had linked from its search results to full mediabistro.com job listings pages, even though those pages require registration when accessed on the mediabistro.com site.

Vast.com CEO Naval Ravikant said Vast.com’s crawlers do not automatically register or login to sites, so they must have found passage through the mediabistro.com system via a legitimate entryway.

So let’s try and address this broader issue. Firstly this is a new discussion. Nobody accuses Google of stealing the data that is in it’s index (except book publishers of course). Why not? Well, because Google primarily indexes the “visible” web. That is to say, sites that are linked to from other sites and are not behind a password protection system of any kind; and even then it respects directives in a file called robots.txt where a publisher can ask not to be indexed. And secondly, Google does not display entire documents (although its cache is getting very close to doing so and may give rise to similar discussions in future). Rather it points to the original source for reading/viewing the content. Thus the business model of the original publisher is left in tact.

With the emergence of vertical search aggregators, especially in the commerce space, the issue of ownership and permission become far more pronounced. Why? Because the data represents an inventory, and often an “invisible” web inventory – that is to say, behind a password protected site. The effort to aggregate that inventory into a central marketplace is done without permission of the owner of the inventory. Whether password protected or not this is going to give rise to disputes like the one between Craigslist and Oodle a little while ago.

There is no need to invent new means of dealing with this. But there is a need for good behavior. Crawlers always should respect robots.txt. Scrapers are different. The spiders can read displayed contentl directly and do not crawl the file system. As such they can bypass robots.txt. If scrapers respected robots.txt then a publisher could effectively put its content out of the reach of the crawlers. It isn’t clear at this point whether the scrapers do respect robots.txt files. A better solution is to use RSS for syndication rather than crawling and scraping. More on this below.

The second issue is whether the item level link from a result set points to the original source or to a hosted copy of the original. Oodle and Googlebase had a difference of opinion about this issue. Content publishers will care what the answer is.

The third issue with scraping is a quality issue. On its home page Vast.com states:

All results are automatically extracted by crawling the web
Vast.com cannot guarantee the accuracy or availability of the results

And the oodle blog notes that its index:

…only includes listings that are fresh and relevant: we keep track of all the listings we’ve seen and auto-expire old ones that are still online and exclude things that look like listings but aren’t (reviews, spam, etc.).

The issue here is twofold. To stay current with a live inventory of listings is hard. To even attempt to do so creates a need to crawl and index very aggressiveley, and the results are often not good. Craigslist’s gripe with Oodle was at least in part driven by its experience with Oodle’s crawlers. They were apparently polling and sucking content very aggressiveley and needed to in order to stay current. If you do not poll aggressiveley your index gets even more out of sync with the original source than it already is.

It seems to me that RSS is a custom made solution to these problems. Scraping and Crawling are the wrong tools.

If publishers who wish their content to be syndicated to a third party publish an RSS feed and the third party consumes the feed we have a) a permission based syndication system; b) a real time ability to update inventory. edgeio made the decision to follow the Craigslist model whereby a listing is explicitly requested by a publisher. Publishers of listings, from your Mom to a large site, are a community, made up of many smaller communities. A central listings service (CLS) should be a service to that community. Permission based, real-time publishing, via RSS, is the right tool for the job. Over time this is a highly scalable solution. Publishers can opt in and out at will.

I predict many more accusations of stealing insofar as the industry continues to mine the “invisible” web, and the specialist web, via scraping and crawling.

And finally, edgeio publishes RSS feeds of every item (either individual items, or our entire inventory). Oodle and Vast are not competitors, but distribution partners. Our data is more valuable insofar as more people see it. That will happen if the data is placed in more environments. So, take it, for free. But please, do not scrape it or crawl it. Just read the RSS feeds. That is why we have them.

Last word goes to And Beal’s The Marketing Pilgrim blog. After reading the ClickZ piece he says:


Certainly Vast is not alone in convincing classified sites that they’re helping them bring new visitors, but if the classified search engines are to see a bright future, they’ll need to secure strong partnerships with their partner sites.

My emphasis!


Tech.memeorandum link for this subject.

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edgeio/CraigsList – what’s the difference? http://teare.com/2006/03/24/edgeiocraigslist-whats-the-difference/ http://teare.com/2006/03/24/edgeiocraigslist-whats-the-difference/#comments Fri, 24 Mar 2006 16:28:14 +0000 http://www.teare.com/index.php/pages/219 Continue reading "edgeio/CraigsList – what’s the difference?"]]> I posted to the comments on Rob Hof’s BusinessWeek Online blog this morning. A reader has said that edgeio’s new features make it “like CraigsList” and implied that edgeio’s distinctiveness was threatened.

I’m re-posting it here because there are some themes in it that I think are important to expose.

Here is my reply:


Thanks for writing about our new features. I want to respond to Mike
Masnick. On the face of it he asks a fair question – if you can list on
edgeio then how is that different from CraigsList?
It’s a multi-part answer:

1. We are giving you a hosted listings blog. It is yours to post to.
edgeio is still aggregating the content from your blog, just as if your
blog were elsewhere. The goal here is to expand the universe of people
who can utilize edgeio from bloggers, to well … everybody. So this is
still self publishing, and although it is hosted by edgeio, still
decentralized. The idea of a blog as a storefront is definitely not a
CraigsList idea.

2. Having said that, lets assume there is no difference, or that the
difference is mainly semantic (which I don’t think it is). Then there is
still a huge difference. CraigsList has been in existence for many years
now. After all that time it is in around 100 cities, mainly in the USA.
After 2 weeks edgeio has attracted listings from more than 1000 cities
and that is growing by around 300 a week. By the end of the year edgeio
will have around 10,000 cities with listings. This is possible due to
our “bottoms up” approach. Self publishers can “light up” their city
simply by listing an item. Of course one downside of this in the short
term is that a city can have a small number of listings. But the upside
is that it is a highly scalable model. Over time it will be organic and
probably very big. For Craig to launch a new city is a fairly cumbersome

3. Final point. We don’t have “be different from CraigsList” as a
goal. Our goal is to build a massively scaled global listing
marketplace, with millions of local cities and their citizens
participating. Like CraigsList we are all about “community”. In fact we
share a philosophy with Craig – let the community police the
marketplace. And our tools are all about removing cost and friction from
person to person commerce, whilst expanding the universe of
participants. We do not scrape or crawl for content. We only take
content expressley for edgeio. And we chose bloggers as the first
audience to enable because they represent a community of communities.
So, if we are becoming “like CraigsList” but in thousands of more towns
and cities globally, and with tools and services appropriate to a
service built in 2005-06. great. I have no problem with that. There is a
new word beginning to make the rounds – Glocalization. As well as
pioneering structured blogging, microformats and self-publishing, edgeio
is a big believer in creating a Glocal (not a mis-spelling)




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New edgeio features to launch tonight http://teare.com/2006/03/23/new-edgeio-features-to-launch-tonight/ http://teare.com/2006/03/23/new-edgeio-features-to-launch-tonight/#comments Fri, 24 Mar 2006 07:07:40 +0000 http://www.teare.com/index.php/pages/218 Continue reading "New edgeio features to launch tonight"]]> I am pleased to report that edgeio is going to launch some new features tonight. I have posted details on the edgeio corporate blog. The features will go live some time after midnight Pacific time.

One of the things we heard loud and clear is that many want to publish listings on a blog but do not want them to be part of their primary blog. So, now you can have a listings blog hosted by edgeio. It’s free and it allows you to put free listings into edgeio and all of the sites that edgeio syndicates its listings to in the future.

We also heard that many do not want to have to deal with the idiosyncracies of ping servers and tagging. Especially from those who have blogs on hosting platforms with poor support for tagging. So now we allow you to simply type your URL into the edgeio hime page and choose your listings from a list of posts on your blog.

Thirdly we have added Tagclouds. Try clicking on the number of cities listed on the edgeio home page. Or the “more” link at the end of each top level category on the edgeio home page.

Finally, there are now instructions (linked from the home page) to those who like to publish into edgeio via their RSS feed about how to do so and take full advantage of a feature we call the “edgeio control language” or ECL.

There is a lot more coming from us in the not too distant future. We are committed to evolving the system in real time and in full public view. if you have opinions please email feedback@edgeio.com.

Rob Hof has a piece about the new features. And there are already others, posted below:

Other links:

SomeWhat Frank
Pete Cashmore’s Mashable

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Podtech secures $5.5m in Series A Funding http://teare.com/2006/03/16/podtech-secures-55m-in-series-a-funding/ http://teare.com/2006/03/16/podtech-secures-55m-in-series-a-funding/#comments Thu, 16 Mar 2006 15:31:12 +0000 http://www.teare.com/index.php/pages/217 Continue reading "Podtech secures $5.5m in Series A Funding"]]> John Furrier is a genuine entreprenuer. After closing down Labrador and joining me at RealNames in 1999 he branched out on his own. He survived the nuclear winter in Silicon Valley, increased his family to 4 children, and embarked – a little more than a year ago – on PodTech. It is now a formidable PodCast network. And today he announced $5.5m in funding from some stellar VCs.

John, congratulations. You deserve the success and you most definitely earned it. PodTech also launched a new site to cooincide with the announcement.

Today is a good day.

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