11.13.06: The new frugality | main
Monday November 13, 2006
ValleyWag's Nick Douglas leaves
Nick Denton, former FT reporter and head of Gawker Media, the publisher of ValleyWag has had to step in to fill in for Nick Douglas. Nick Douglas did a fine job with ValleyWag although by the time he left he had burnt quite a few bridges/contacts.
Nick Douglas will do well, he has a great nose for a story. But surviving in SF on the kind of wages Nick Denton pays is very difficult even if you a young student. That's a key weakness for the Gawker business model, find good writers, train them up a little bit, and then watch them go places where they can make more money-- and then have to do it again, and again.
I'm sure Nick Denton would rather be doing something else, such as running his business than having to do a job that pays peanuts. Which goes to show that Nick Douglas's departure was rather sudden.
BTW, Nick Douglas did tell me, just a few days ago that Nick Denton had to share Nick Douglas's conference pass to the Web 2.0 summit because nobody knew who he was. Well at least Nick Denton can now spend some time updating the locals on his new position at ValleyWag.
Nick Denton on Nick Douglas: Valleywag Release Candidate 2
Some clues on Nick Douglas's next project over at 10 Zen Monkeys:
Interview With Valleywag Nick Douglas - 10 Zen Monkeys (a webzine)November 13, 2006 | permanent link
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Tom Foremski on The Death Of The Search Algorithm? Techmeme Has Six Editors
I appreciate your tireless work Atul.
Atul Arora on The Death Of The Search Algorithm? Techmeme Has Six Editors
Tom - you are right - I shouldn't be so pedantic about it. Gabe seems to online 24x7 so one could also argue he counts for more than one person. And thanks for you flattering comments about me in the article. Cheers.
Joseph Kingsbury, Text 100 on SNCR Research: Social Media IS Influencing Business Decisions
Definitely agree, always good to see these studies and they also seem to be getting more sophisticated/insightful which is positive. Your point about the middle management layer is an interesting one. Could certainly see how that would make sense. Thanks for the post, it inspired a post over on our blog and some conversation here.
Joseph, Text 100
Tom Foremski on The Death Of The Search Algorithm? Techmeme Has Six Editors
Marshall: Yes, you are right, PageRank is a human-aided system but the harvesting of that knowledge was done by machine, but is this is no loger good enough and requires direct supervision by humans? That seems to be what's happening...
Tom Foremski on The Death Of The Search Algorithm? Techmeme Has Six Editors
Thanks Atul. Gabe said that he and Omer are engaged in editorial duties so it still adds up to 6 but I take your point about them not doing it full time. But I guess this also means that Techmeme more than doubled their editors...
Atul Arora on The Death Of The Search Algorithm? Techmeme Has Six Editors
Tom - A small correction. I believe the # of editors is 4 (or 4.5 depends if you count Gabe is an editor or tweaks the algorithm) and not 6. I believe Megan was the first editor back in Dec 2008 and then Techmeme announced the addition of three more yesterday
Marshall Clark on The Death Of The Search Algorithm? Techmeme Has Six Editors
In many ways Google is a human-aided algorithm as well.
PageRank leverages human editorial decisions by measuring linking patterns between sites.
Similarly the Hilltop algorithm, developed by Krishna Bharat creator of Google News, uses a list of expert documents to refine search rankings.
Clearly there's no shame in using human intelligence to refine search results.
Tom Foremski on The Death Of The Search Algorithm? Techmeme Has Six Editors
Ian: I agree that human editors can make Techmeme better. But it won't neccesarily help list other blogs because Techmeme monitors a core set of blogs/news sites and if you are not in it your chances of being mentioned are slim. You make a good point about what happens when they go home for the night - I guess the machine takes over...
Ian Lamont on The Death Of The Search Algorithm? Techmeme Has Six Editors
I think human editors can improve quality and help frustrated editors (myself included) complaining about why their blogs aren't making it onto TM, but I am curious to see how Techmeme's new setup can be optimized for speedy updates when humans take a lunch break or sign off for the night. That was one area in which the old Techmeme setup and the current Google News setup have excelled.
Tom Foremski on SNCR Research: Social Media IS Influencing Business Decisions
Joseph, I agree, I'm not surprised but it's good to have some measurement of the effect of social media. The collaborative decision making aspect is interesting and I'd love to see future research explore this aspect further. For example, is it among peers within a group or are all members of a group, regardless of status, taking part? And the middle-age layer, I've noticed anecdotally, that th
Joseph Kingsbury, Text 100 on SNCR Research: Social Media IS Influencing Business Decisions
I'm not surprised the results of this study reflect the growing influence of social media. What's more interesting, in my opinion, is what seems to be a more fundamental shift toward collaborative decision-making in professional environments. Certainly social media facilitates that but it strikes me as a deeper shift than technology and communication tools.
For example, the fact that '
Greg Golebiewski on MediaWatch Analysis: Murdoch Will Negotiate Payment For Access To Basket Of Content With GOOG et al
Yeah. And, too bad for everyone, because there is enough room to increase the pie, we call www, and thus earn more money, instead of trying to carve out as big a piece of it as possible, often at the expense of others.
The latter strategy also brings money, but it is so shortsighted.
Tom Foremski on MediaWatch Analysis: Murdoch Will Negotiate Payment For Access To Basket Of Content With GOOG et al
Greg, well said. Google has painted itself into a corner and has far fewer options than Murdoch. And it will never get into content creation because that's not its business. Yahoo has tried several times to get into content creation and failed. Silicon Valley companies are server and software based because that's a scalable business. People based companies such as the New York Times have no int
Tom Foremski on A Saturday Post: The Internet Devalues Everything It Touches, Anything That Can Be Digitized
I totally agree. I think it is a disgrace that Silicon Valley's public schools are often basket cases when they should be showcases. We can't go around saying to the world "we are inventing the future" yet our own communities are so poorly educated and our schools so poorly funded. I'm fed up of super star Silicon Valley CEOs flying to Washington D.C to complain about education yet they won't w
Greg Golebiewski on MediaWatch Analysis: Murdoch Will Negotiate Payment For Access To Basket Of Content With GOOG et al
I cannot say what Mr Murdoch is planning to do, but I agree that he has a lot stronger hand now than the search engines ever will. Unless, of course, they start creating their own and/or buy 3rd party content, which is unlikely -- that would be against their current business model.
More importantly, Murdoch has one more ace in his deck -- he can buy Yahoo (as he has already tried, I th
Mr. Reality Check on A Saturday Post: The Internet Devalues Everything It Touches, Anything That Can Be Digitized
One more comment to add to this. The US has a H1B Visa program. It was created for a reason - not enough individuals in the US with the right skills. This article from 1989 entitled "US PUPILS FARE POORLY IN MATH, SCIENCE TESTS" shows part of the cause (http://www.encyclopedia.com/doc/1P2-8106353.html.) 16 years later another article entitled "A fair comparison: U.S. students lag
Mr. Reality Check on A Saturday Post: The Internet Devalues Everything It Touches, Anything That Can Be Digitized
I agree, value created does not equal the value destruction. Read the examples I provided above. In many cases, the value created is many times more than the value destroyed. This is the case with video, audio, new jobs in India and China, Graphics design, publishing, housing market and much more. Simply look at the examples like www.gizmag.com, which makes more money since it moved to w
Peter Holsgrove on Analysis On Murdoch And Switching Off GOOG: The Dirty Little Secret About Search Engine Traffic...
Certainly kicked off a strong debate, which is needed. Firstly, it strikes me that no one has the answers - there is no 'holy grail' and its about testing, trailing and iterating what might work. That, I suggest, is what Murdoch's doing. If your company is split two ways on an approach (for every advocate of the subscription model in news corp, they'll be equal opposing views), send the CEO
Tom Foremski on Public Healthcare Could Cut Startup Costs And Help Spur Innovation
Thanks Lisa, it's good to know that there are alternative choices.
Tom Foremski on A Saturday Post: The Internet Devalues Everything It Touches, Anything That Can Be Digitized
I agree that where value is destroyed new value is created. But the creation doesn't equal the destruction, it is not a law of physics where matter and energy are always conserved. I make no ethical or moral judgements I am bringing attention to what the Internet enables, to what is already happening.
Mr. Reality Check on A Saturday Post: The Internet Devalues Everything It Touches, Anything That Can Be Digitized
Sorry, I could not disagree more. The Internet brings much value. This is like saying "TV devalues books". Such a sweeping statement is naïve and narrow minded, smacking with tunnel vision and a pinch of western elitism.
Just a few examples:
1. I am sure citizens of a developing market like India or China were new jobs were created do not feel that outsourcing has devalued their job
Lisa Eskey on Public Healthcare Could Cut Startup Costs And Help Spur Innovation
Hi Tom, Good commentary here. If I can introduce an industry quickly... small business owners don't have to hope and wait for a public plan to address health care costs; there's another option currently available that speaks to Theron Kabrich's quote... industry is called Professional Employer Organization (disclosure: I just started working with one a couple of months ago). PEOs take on the b
Alessandro Machi on Shocking: NYTimes Article On Virtual Goods Misses Huge Controversy
I definitely would not invest a lot of money at any one time. Cost per hour should be analyzed before committing to be part of a virtual world.
It would be interesting if virtual worlds were required to reveal what the average cost per hour is for the "average user".
I would be cautious of any upfront payment unless it is a very modest monthly payment that can be terminated at
Eric Enge on Analysis On Murdoch And Switching Off GOOG: The Dirty Little Secret About Search Engine Traffic...
One thing that concerns me in all of this is how in depth reporting will suffer if everyone simply takes their news in sound bites and snippets. But as Jonathan says, Google is only an enabler. People are demanding the services they want in this digital age.
Newspapers are going to have to adapt. The choice does not exist. If Mr. Murdoch cuts off all access to Google he is not going
Jonathan Mendez on Analysis On Murdoch And Switching Off GOOG: The Dirty Little Secret About Search Engine Traffic...
What I do think is that if Murdoch spent the same amount of time & money monetizing the WSJ traffic & user base as they do in creating content they can be profitable. What do they really know about matching their content with their visitors and their interests? You can't have a successful digital business unless you respond to this. Let's not even get into their failed efforts in Social Media.<
Tom Foremski on Analysis On Murdoch And Switching Off GOOG: The Dirty Little Secret About Search Engine Traffic...
Jonathan, I don't think the B2B publishers you mention are having to spend the same amount of money in creating content as say the Wall Street Journal, New York Times or even regional newspapers. Sure, you can create online publications that are profitable as long as you employ as few people as possible and rely on automated ways to collect and publish content, and on "user" generated content.
Jonathan Mendez on Analysis On Murdoch And Switching Off GOOG: The Dirty Little Secret About Search Engine Traffic...
"that's not a model that helps publishers fund their content no matter how much optimization they do and landing pages they create."
Tell that to the numerous B2B publishers that have built their digital business models this way and are doing quite well compared to their consumer counterparts. I'm sure they'll find your and Mr. Murdoch's point of view quite amusing.
Tom Foremski on Analysis On Murdoch And Switching Off GOOG: The Dirty Little Secret About Search Engine Traffic...
Jonathan, I did not say that Google traffic has no value I said that some people assume it has more value than it actually does. The fact remains that advertising has become a very poor way to fund news content no matter where you get the traffic. Advertisers increasingly don't want to pay for pageviews they want to pay for performance and that's fair enough. But that's not a model that helps
Jonathan Mendez on Analysis On Murdoch And Switching Off GOOG: The Dirty Little Secret About Search Engine Traffic...
I couldn't disagree more.
Show me one publisher that has built targeted landing pages for their search traffic and I'll show you a publisher that is happy to take whatever traffic Google is sending them for free. And once they know the value of that traffic they'll even pay for it. Don't tell me the traffic has no value. The traffic has plenty of value if you have systems in place to ca
Tom Foremski on Analysis On Murdoch And Switching Off GOOG: The Dirty Little Secret About Search Engine Traffic...
Thanks Katherine. I think content will be king because at the end of the day, what else is there? At the moment, GOOG et al have the world upside down, but that will change.