But nor can America turn its back on itself. It cannot forever languish in a la-la land where the great global security underwriter and the great global debtor never encounter each other, dishing out billions for far-flung fights with one hand and condemning the next generation of Americans with the other. The Jekyll-and-Hyde years have to end. - http://brooksjordan.tumblr.com/post...
The local media landscape has had a few pillars for years—guides for everything from restaurants to hotels, local news, directories like the yellow pages and recommendations—and they have been slowly crumbling. As Google ramps up its local ambitions one question looms: Can any of the locals compete with Google? - http://brooksjordan.tumblr.com/post...
Time Warner’s CNN is taking a stake in hyperlocal aggregator Outside.in—the latest example of a big media organization making a play in the hyperlocal space. CNN is getting a share of Outside.in as part of a $7 million series B funding round for the company, CEO Mark Josephson tells us. The round was led by Union Square Ventures. - http://brooksjordan.tumblr.com/post...
Mark Beccue, a senior analyst at Abi Research who studies consumer mobile technology, also has reservations. “What puzzles me is, what market we are addressing here?” he says. “I saw a video of using [Square] in a coffee shop and thought, ‘Don’t they have a cash register?’ ” Beccue concedes that the product may work for certain niches, such as... - http://brooksjordan.tumblr.com/post...
How can we make them understand that this is not the issue? It is not about who the president is or is not; the issue is that they have sold out a great nation. - http://brooksjordan.tumblr.com/post...
I was in a board meeting last week and one of the company founders made a very interesting assertion about the difference between old media and new media. He asserted that old media is about how much money you can charge each viewer. New media is about how many viewers you can get. - http://brooksjordan.tumblr.com/post...
The old biz model is focused on monetizing an audience. The new model is focused on engaging an audience first, and monetizing second (or third, or fourth, or not at all). Monetization comes as a follow-on to engagement. It’s not the main attraction. And the best sites take engagement several levels deep: they not only engage people directly, but... - http://brooksjordan.tumblr.com/post...
Last night I was speaking with a man whose son just graduated from Stanford Law School. 30% of the graduates from last June do not have jobs yet. 30%. I mentioned this to Fred last night and he said “if they knew Java, they’d have a job”. - http://brooksjordan.tumblr.com/post...
It suggests that the “plastics to avoid” are those numbered 3, 6 and 7 (unless they are also marked “BPA-free”). Yes, the evidence is uncertain, but my weekend project is to go through containers in our house and toss out 3’s, 6’s and 7’s. - http://brooksjordan.tumblr.com/post...
As noted above, angels will sometimes request shares of preferred stock for their investment; however, unless the start-up is raising at least approximately $750K, it generally is not in the entrepreneur’s interest to issue such shares. - http://brooksjordan.tumblr.com/post...
Getting money from mom, dad and friends is ok, but is not going to deliver the value-added of a strong seed-stage syndicate of professionals who may be tough on valuation, but bring a discipline and culture of support to the venture. - http://brooksjordan.tumblr.com/post...
RT @umairh: good news about unemployment? no. the increase was in “temporary help”. we just added 100k mcjobs back to the economy!! lulz. - http://brooksjordan.tumblr.com/post...
And in fact, the numbers we’ve looked at at the Lab suggest America’s employment problem is bigger and badder than yesterday’s financial crash: it’s a trend that’s been gathering strength for decades. - http://brooksjordan.tumblr.com/post...