My two-year anniversary as a blogger . . . and two new sponsors!
By Tom Foremski - June 1, 2006
It was two years ago today that I left the comfort of the Financial Times San Francisco bureau, the six-figure salary/benefits package, the six-weeks of vacation, and the generous sabbaticals every four years, to become a journalist blogger. I didn't realize at the time that I was the first mainstream media journalist to leave one of the world's top newspapers to try to become a professional journalist blogger.
I did not know what I was getting myself into, but I had a gut feeling that it was the right time. I had no idea of what the business model would be but I knew a few things. I knew that things would get better for me, but for newspapers the writing was on the wall (or at least online :-)
Two companies soon offered to sponsor my venture, Tibco and Infineon Technologies. I didn't ask for the money but I was glad to have it, even though I spent it very quickly and was forced to dig deep into my savings and cash out much of my IRA account.
I wanted to make sure that I had a good editorial product before I pitched for additional sponsors. Getting to that point has been incredibly challenging and incredibly rewarding.
The money constraints meant that I couldn't keep my editorial teams. It also meant that my electric power was cut off for several days not too long ago. And in the last month, I had run out of money to pay my rent, and I had zero money for my family support payments. The support from my sponsors came in the nick of time, otherwise I'd now be blogging from a friend's couch and sneaking bandwidth from tolerant neighbors, and maybe even pocketing food from press events for my kids...
I might be poorer but I am incredibly richer for the experience of the last two years. I have met and connected with an amazing number of fascinating people and I feel part of a community. I'm incredibly happy to be involved in the emergence of this new media, and in the innovation that is happening within a rapidly transforming media sector.
And I'm very happy on this anniversary to announce that Tibco continues into its second year as sponsor of Silicon Valley Watcher. And to also announce that Intel, the world's largest chipmaker, and Edelman the world's largest independent PR firm join as Leader Sponsors. And I will announce other Leader Sponsors as soon as I get the clearance.
The sponsorship support will go towards building an editorial team and expanding Silicon Valley Watcher into a top class news organisation focused on the business and culture of Silicon Valley. This region is the world's engine of innovation, it is where the future is being created every day.
I'd like to thank my current and soon-to-be-announced sponsors for their support and their partnership. Sponsorship means that SVW doesn't have to sell advertising campaigns and it can focus on producing high quality journalism, exclusive content, and have a stable monthly revenue base.
Our Leader Sponsors will be able to showcase their thought leadership in SVW through special columns, and also experiment with new approaches to publishing their expertise. In this way we will all help birth the new media, its new formats, and hopefully collect a series of best practices that many others can share.
And I thank my readers for their support. Wherever I go in Silicon Valley, from the trenches to the boardrooms, people tell me: I read you and I share you with my teams. I couldn't ask for anything better than that. Thank you.
By Tom Foremski - June 1, 2006 | Permalink | Comment
| Category: About SVW
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Comments (16)
Tom - you are a true pioneer. And you have earned the Blogger's Badge of Courage (BBC!) for enduring what you have to do to stay in the game through all these bumps in the road. Tibco is a true pioneer as well in so many aspects. Bless Vivek and all for sticking with SVW.
Posted: June 1, 2006 8:54 AM
Well, congratulations on getting support. Your location, your writing skills, your blog name and the SVW concept present a wonderful opportunity. In theory. What a shame you had so much pain to reach this stage. Well done for persevering. And let's hope other sponsors come on board.
Posted: June 1, 2006 11:08 AM
Congratulations Tom.
Posted: June 1, 2006 11:20 AM
Happy to hear that Tom!
Posted: June 1, 2006 5:49 PM
Thanks to everyone for their good wishes!
Posted: June 1, 2006 5:54 PM
congrats, Tom!
Posted: June 2, 2006 6:56 AM
Congrats, Tom. Well deserved.
Posted: June 2, 2006 7:11 AM
Well done Tom - an inspiration to many others - myself included.
Posted: June 2, 2006 7:56 AM
Congratulations Tom. I wish you all the best.
Posted: June 2, 2006 12:58 PM
Congratulations, Tom!
Posted: June 3, 2006 11:32 AM
You the man Tom....Congratulations from the head of your South Bay fan club:-)
Posted: June 5, 2006 12:01 AM
wow great job, a testament to those who make the jump to new technologies and land on the other side.
Posted: June 5, 2006 12:04 AM
Does this mean you can't say anything objective about Edelman?
Posted: June 6, 2006 12:15 PM
Tom, Of Course - Congratulations! Swing by one our 'Mobile' Software Development meetings at Accenture Labs, last meeting we had TechDirt and Red Herring speak:
Mobile IP group
http://www.sdforum.org/SDForum/Templates/Level1.aspx?pid=10115&sid=7
Posted: June 6, 2006 12:24 PM
Dear Anonymous: Yes, I can say something objective about Edelman and any of my sponsors. That's the wonderful thing, the sponsorship money gets paid upfront - therefore no month-to-month payment control. Sure, sponsors have a choice to renew next year but that is one annual event. Also, the blog format celebrates openess, objectiveness - or rather subjectiveness :-)
Posted: June 6, 2006 4:10 PM
Belated congratulations from over the pond. Bloggers in the UK do not have sponsors but advertisers, what advice would you give to them about this? I would like to write a post about it tomorrow, so a response would be appreciated.
Also, what are your views about this story in The Times about why the UK cannot develop the Yahoos and Googles cyberspace company. I think you will find this of interest.
http://www.timesonline.co.uk/article/0,,6-2222386,00.html
Posted: June 14, 2006 4:50 AM