Sunday, January 11, 2009

Gaza Solution - just $75 B

Reporting on the Forbes list of the wealthiest people in the world, CBC News (Canada) writes that the 34 "Web Billioniares" have a collective net worth of $109.7 Billion. Overall the total worth of just America's wealthiest is, according to "The Forbes 400," worth approximately $1.57 trillion. And in this time of global economic crises, the governments of the world plan on spending many trillions in the next 12 months to help our industries and citizens.

So when we look at the tragedy in the Middle East of the Palestinian and Israeli confrontation, it is helpful to put into context some simple math. 1.5 million people live in Gaza. If you assume an average family size of 20, that is 75,000 families. What if the wealthiest people on earth offered each of these families a relocation package worth $1 million dollars, for a total investment in world peace of just $75 Billion? Add in a few governmental and non-governmental bodies instead of just making this the work of private individuals, and suddenly we could expand beyond Gaza and institute a global relocation program for politically displaced families.

The plan is not without challenges beyond convincing one (or more) wealthy people and countries to donate the funds. And you would have to find 75,000 places around the world ready to accept a Gaza family (albeit now worth $1 million) or a family from one of the other places we would expand this program to include. And there would be an enormous challenge as the program expanded in trying to determine how to distribute funds to non-Gaza families who would also want to join the program. The struggling citizens of a thousand places would wonder why they too shouldn't be the beneficiaries of such largess.

But there is a good reason to start with Palestine. Is there any other people on the planet that have been displayed by the United Nations establishing a nation state for a different group of people? While many injustices have been done to many people around the globe by individual governments, I can't think of anywhere else where the world governments have come together to displace a people (albeit for a great cause in establishing a Jewish homeland).

Of course one might wonder whether a Gaza family would make the rational economic decision to leave their land and relocate to an unknown place and, having done so, whether that family would use the opportunity to build a new life or to plot revenge upon Israel. A program of this kind would need to include a great deal of social and educational support. And not every family would agree to go so there would be the challenge of a diminishing population in Gaza who would be increasingly a concentrated minority of interests which oppose Israel.

But an offer of this kind would also bring into the sunlight two perversities of the current conflict -- first, that Arab states find that it is more valuable to have this embattled civilian population constantly on the edges of Israel and second that some of those people themselves are more dedicated to the destruction of Israel than they are to the well-being of their own people.

And the math points out a fascinating and frustrating asymmetry to the war on terror. We are willing to spend billions of dollars every month on an unnecessary war in Iraq, but we are unwilling to spend the money required to solve one of the most critical issues contributing to political instability in the middle east (and the world).

So here is a challenge to the economies of the world as we launch trillion dollar "stimulus" programs. What can we do to organize resettlement of the Palestinians? How can we create a program into which individuals and governments will be challenged to contribute large sums of cash on an ongoing basis, and regional governments encouraged to accept the resettled immigrants, so that over the next half-dozen years every family who wishes to leave Gaza may have the opportunity to do so?

First step - Begin a fund for the resettlement of Palestinians and invite individuals and governments to contribute funds for this purpose.

Second Step -- Once some minimum funding level has been achieved ($50 million?) establish the Gaza Sweepstakes. Any family who elects to leave Gaza may receive, for free, a lottery ticket. Each week, a number of families will be transported away from Gaza. The relocations will be covered by the media, the relocated families will receive ongoing attention as they integrate with the new communities into which they have been delivered. The families will receive money and counseling to assist them in integrating into their new community.

Third Step -- having demonstrated the success on a small scale, a global campaign of citizens appealing to their governments will be launched to raise a growing fund to relocate Palestinians, and when that project has been completed it will be expanded to the next most problematic population in the world.

Pierre Omidyar, are you listening?

Thursday, January 08, 2009

The Future is Already Here...

William Gibson is credited with the wonderful quote, "...the future is already here. It's just not very evenly distributed." I was reminded of this quote twice here in Helsinki this week as I spoke with a variety of companies about the impact of social technologies on their businesses. It is way too easy when you are sitting in the middle of the tornado of change to lose perspective on the winds that rage around you and, more importantly, the seeming calm in the path ahead of the tornado.

Forrester has done a great job of documenting this path, where it has been, where it is now, and where it is heading. The survey data which they have made available through the Social Technographic Profile Tool can give you a snapshot of this progress. Now updated with 2008 data, you can see the differences between the US, where 38% of 18-24 year-olds are now creating content online and Germany, for example, where the number is a much smaller 22%. Or the difference between the 18-24 year-old cohort and 45-54 year-olds in the US where the creator rate is only 16%.

But as Forrester analyst Jeremiah Owyang shows on his Web Strategist blog the trends for every demographic in every region are toward more engagement. Perhaps the most dramatic finding is the change in "inactives" -- people who are paying no attention at all to social media -- from 44% in 2007 to 25% in 2008.

In addition to engaging more people, the other often overlooked impact of social media is in the way that it is changing mainstream media. So even for those people who are not engaging directly, the news and entertainment that they consume is changing. Journalists and entertainers are amongst the most likely to be engaged with these new social technologies and what they report and create is clearly being influenced by this new medium.

As Gibson might say, the future will never be evenly distributed, but the path of this cyclone seems clear to us now -- social media will change every business and will change virtually every aspect of how we develop products, market and sell them, provide service to our customers, organize our work environments... In every industry there will be companies that embrace these new tools and new approaches and those that are torn apart by the fierce winds of change.

Which will your company be?

Sunday, January 04, 2009

More News

I love David Byrne's music, but I feel compelled to disagree with his recent blog post in which he opines that the bankruptcy of the Tribune Company is leading to a world in which we will have "No More News." I would, by the way, complain on his blog but he doesn't provide a comments capability. Perhaps as a public figure of his stature it is impractical to allow comments since moderating them would be such a time burden. But lets bookmark this point for a moment, as I think the lack of dialog (and perhaps the lack of understanding of what this dialog brings) contributes to Byrne's misunderstanding of what is happening in the media ecosystem.

The basic point that Byrne makes has certainly been repeated endlessly - the Internet has radically transformed the business of news and the companies which have understood how to make a living collecting and distributing news in the last century are failing to find a new model as the fundamentals of this business change. Byrne also mentions (though without commentary) the fact that the people running these news businesses have been making changes which make them even less relevant. I thought this observation was particularly well stated:
Likewise, these newspapers have dumped most of their foreign bureaus, food critics, and film critics, and are loathe to assign reporters to stories that will take months to research and write. In doing so, they are eviscerating that which makes newspapers different from online reviews, blogs and websites.
But Byrne goes on to complain that there is an enormous threat to our democracy because of the decline of these traditional news businesses and I think this is a mistake.

It is undoubtedly true that we are in the midst of an enormous tumultuous period of change for the news business. It is also true that from the perspective of the traditional news business, their model is being eviscerated. But this does not mean that there are no possible models for a news business. In fact, I believe that the future of news is very bright and that as a society we will (and in some cases already are) enjoy more news content not less in the future.

First of all, Byrne ignores the fact that bloggers and "citizen journalists" are already making an enormous impact in challenging entrenched media interests and bringing more facts and more "sunlight" into our political processes. The political campaigns of the past year showed how effectively the non-mainstream media could play a role in debunking lies, providing information which would otherwise not have made it into the limited space of broadcast media, and giving people with specific local information a way to get that information to a national (and international) audience.

The wonderful NPR program "On The Media" recently had a segment on the Japanese Kisha Press Clubs which make transparent a fact which is as surely true with our mainstream media -- that journalists will sometimes become too friendly with the people that they are covering in order to obtain access and that this closeness will then taint the coverage of these people. The Kisha Clubs institutionalized this closeness even going so far as to manage a list of issues which all participating journalists (which is to say, those that got access to representatives of the government) would agree NOT to cover. And this is only coming to light now because of bloggers.

Journalism will change, the business of news will change, but rather than looking at the failure of the traditional news media as being a threat to democracy, as Byrne does, I prefer to look at the strength of our democracy as being the force which will lead to a new journalism and a new business of news. This was certainly the case for the newspaper industry we have today. Newspapers were started by people passionate about the mission of the fourth estate and only later were taken over by accountants.

Al Gore, in his closing keynote speech at this year's Web 2.0 Summit conference, provides an interesting perspective on the broadcast media industry. In brief he observes that the printing press started a process in which knowledge was democratized but that television (and in general the concentration of media ownership) was a "re-feudalizing" force in our society for the past 50 years. Concentrating ownership and control of the media into a small number of corporate interests reduced the number of voices participating in the conversations of our society. While one could certainly point to the tendency of some news vehicles (like Fox) to use this power to promote a particular ideological position, the more frequent result was blandness.

Social creation of the news is removing the blandness and is a force FOR democracy. The future of in-depth reporting, investigative journalism, and foreign news desks, which Byrne worries we will lose, will emerge from this creative power of social production. We are still in the infancy of this new medium and we have a lot to learn still about what forms this NEW fourth estate will take. But I already believe that we are witnessing an explosion of news, not an elimination.

Tuesday, December 23, 2008

The Odd Couple: ATT and Apple

I recently went to purchase an iPhone 3G here in lovely San Francisco. Walking toward the Apple store, I remembered that halfway between my office and the beautiful apple store at one stockton street is an AT&T store. I don't really need to go to the Apple store, I thought to myself. So instead I went through the glass doors at the corner of Market and 3rd and into customer hell.

The first thing I noticed was the grouchy sullen customers seated around the room -- perched is probably a better way to describe this as there wasn't really anywhere to sit. So they were leaning against displays, sitting on the ground... The second thing I noticed was the sullen AT&T employee with a clipboard who approached me.

"Hi, can I put you on the waiting list?" he asked.

"Uh... how long is the wait?"

"Only 20-30 minutes."

OK, so here I am, a live customer wanting to give them my money, and they want me to sit on the ground in their store for 20-30 minutes in order to have the privilege of buying something from them!? I said no thank you, turned around and walked right out again. Off to the Apple store a few more blocks down Market.

When I arrived at the Apple store it was buzzing with happy people. A smiling Apple employee was waiting at the front door here as well.

"How can I help you today?" he asked.

"I'd like to buy an iPhone 3G"

"I can bring it right to you - do you know what size and color you want?"

This is a company that actually wants my business. Too bad it is attached to one that doesn't. Like Oscar and Felix, you have to wonder (other than a script writer looking for gags) what makes these two companies able to even stand talking to each other much less trying to offer a joint customer experience.

When I happily walked back to my office, I had to stop at the AT&T store again and wave my new phone at the sullen AT&T employee with the clipboard. In the same amount of time that I would have been sitting on the floor of his horrible shop I had walked to the Apple store, had a great shopping experience, and walked back again.

Memo to AT&T executives -- could you PLEASE learn something from your partner Apple?

Monday, November 17, 2008

Web 2.0 Summit is a Success

From October 5 through October 7th in 2004 I was at the Hotel Nikko in California as a paying attendee of the very first O'Reilly Web 2.0 conference. It was a fantastic event and got my attention re-focused on a set of technologies and markets that I continue to focus on to this day. At the time I was an entrepreneur-in-residence for Mohr Davidow Ventures but since then I have been a poor struggling entrepreneur and have chosen to hang out in the lobby instead of paying to attend. This year that changed, and I once again paid to attend the now 5 year old Web 2.0 Summit and I am happy I did.

Yes, it is expensive to attend. But overall, there are few better places to check in with the leading change-makers in technology and business. The topics, people, and format all generated a perfect environment for thinking about the coming year and what we have to get done as business people and citizens to improve our companies and the world.

Whether it was Mary Meeker pushing through 50 slides in 20 minutes of her Technology / Internet Trends Report or Shai Agassi explaining how his company Better Place is transforming the way we will use electric cars or the brilliant closing remarks by Al Gore about the election and how the Internet is transforming democracy... Web 2.0 Summit absolutely delivered on the promise that:
"...the leaders of the Internet economy are turning their attention to the world outside our industry. And conversely, the best minds of our generation are turning to the Web for solutions. At the fifth annual Web 2.0 Summit, we'll endeavor to bring these groups together."
They did and I was glad I was there for the event. I'll be a paying attendee again in 2009.

Saturday, November 15, 2008

Mashup Camp

I think there is still room at Mashup Camp in Mountain View this weekend, you can register here: www.mashupcamp.com/mountain-view-november/

They seem to have a great group of sponsors and also have over $9k in prizes, including:

-Amazon Kindle

-Amex Gift Cards

-Dell 24” flat panel LCD monitor

-Macbook Pro

-cash prizes

Hope I see you there!

Wednesday, November 12, 2008

Aer Lingus Bankruptcy

Hello Aer Lingus, are you listening? I doubt it. Today you had an opportunity to make me into a huge fan and instead you turned me into a hater. If you'd like to know how customer service can work to make your business loved by customers, go study Zappos and see how a REAL company treats its customers. You guys? Well, you suck.

Sure, you just lost 20 million euros. Sure your staff is all about to go on strike. But maybe your real problem is that you have really lousy policies that demonstrate that you hate your customers!

I booked a flight from Heathrow to Dublin - a route you fly every hour. I happened to get done in London early and came out to the airport early. So I walked up to your ticket counter to see if there was space on an earlier flight. Why yes, there is! In fact there is lots of space! And not just on one flight, but on three flights prior to mine (I am on the last of the day). BUT your policy is to charge full fare -- an extra 150 pounds sterling -- to change!! That is stupid.

You had the chance to delight me by getting to Dublin early, at no additional cost to you. Instead I am sitting in the Heathrow airport, mad at you, vowing never to book on your airline again.

Sounds like you'll lose more than 20 million euros next year. In fact, I think you'll be BANKRUPT. In a bad economy, the remaining customers have choices and they will choose the best airlines - and that is NOT you.

Or you can change! It would be hard, but give it a try.. oh yeah. You aren't even listening.

Well, for the rest of you that are -- take a look at Aer Lingus, they are a great example of what NOT to do.

Tuesday, November 11, 2008

22 Solid Social Media Examples

Great article by Peter Kim on Mashable "The 22 Step Social Media Marketing Plan." Peter lists these 22 social media tools and gives concrete examples of companies using them:

Here’s a framework of 22 tools to consider with notable brand examples:

1. Blogs (Johnson & Johnson, Delta Air Lines)
2. Bookmarking/Tagging (Adobe, Kodak)
3. Brand monitoring (Dell, MINI)
4. Content aggregation (Alltop, EMC)
5. Crowdsourcing/Voting (Oracle, Starbucks)
6. Discussion boards and forums (IBM, Mountain Dew)
7. Events and meetups (Molson, Pampers)
8. Mashups (Fidelity Investments, Nike)
9. Microblogging (method, Whole Foods)
10. Online video (Eukanuba, Home Depot)
11. Organization and staffing (Ford, Pepsi)
12. Outreach programs (Nokia, Yum Brands)
13. Photosharing (Rubbermaid, UK Government)
14. Podcasting (Ericsson, McDonalds)
15. Presentation sharing (CapGemini, Daimler AG)
16. Public Relations - social media releases (Avon, Intel)
17. Ratings and reviews (Loblaws, TurboTax)
18. Social networks: applications, fan pages, groups, and personalities (British Airways, Saturn)
19. Sponsorships (Coca-Cola, Whirlpool)
20. Virtual worlds (National Geographic, Toyota)
21. Widgets (Southwest Airlines, Target)
22. Wikis (Second Life, T-Mobile Sidekick)




Definitely worth reading the whole post but also his blog, Being Peter Kim

Thursday, November 06, 2008

Obama Already Changing Government

OK its not working right now, but keep trying it -- Obama's transition team has launched a website -- http://www.change.gov/ which invites all of America to start getting engaged in the work of changing government. I am so glad that the terrific team that Obama put together to guide his online work for the campaign is still hard at work and is already making history with the way this government is going to use the Internet to connect citizens with their government!

Wednesday, November 05, 2008

HOPE

This says HOPE to me:

LinkedIn asks that you not use their Apps


linkedin
Originally uploaded by Ted Shelton
Open letter to Reid:

You know I am a huge supporter, have been a LinkedIn member since you were in private Beta. And you know how eagerly I have awaited the launch of your applications platform.

But I have to say, I keep finding myself saying "what the heck??" when I try to use your product.

I'd like to suggest that you open up a collaborative product development process with your customers to get feedback from the people that want you to succeed on how your product needs to evolve to achieve the promise that it so clearly has but has not yet fulfilled.

This kind of message (see attached) tell me in big red bold type - GO AWAY, DON'T USE OUR PRODUCT.

I don't think that is the message you want to send.

best

Ted

Tuesday, November 04, 2008

The News Media They are a-Changin'

(With apologies to Bob Dylan) Inspired by the news this last week that the Christian Science Monitor has become the first of the major US newspapers to end print publication -- don't think they'll be the last...

The News Media They Are A-Changin'

Come gather 'round people
Wherever you roam
And admit that sources of news
Around you have grown
And accept it that soon
You'll be digital to the bone.
If your news to you
Is worth savin'
Then you better start webbin'
Or you'll disappear with a moan
For the news media they are a-changin'.

Come writers and critics
Who prophesize with your pen
And keep your eyes wide
The chance won't come again
And don't speak too soon
For the web's still developin'
And there's no tellin' who
will be reportin'
For the journalist now
Will be later a citizen
For the news media they are a-changin'.

Come senators, congressmen
Please heed the call
Don't stand in the doorway
Don't block up the hall
For he that gets hurt
Will be he who has stalled
The internet has come
And it is ragin'.
It'll soon shake your Windows
And rattle your walls
For the news media they are a-changin'.

Come mothers and fathers
Throughout the land
And don't criticize
What you can't understand
Your sons and your daughters
Are beyond your command
Your old print forms are
Rapidly agin'.
Please get out of the new one
If you can't lend your hand
For the news media they are a-changin'.

The line it is drawn
The curse it is cast
The slow one now
Will later be fast
As the present now
Will later be past
Print is
Rapidly fadin'.
And the first one now
Will later be last
For the news media they are a-changin'.

Friday, October 31, 2008

02 (UK) Free iPhones... Hello ATT?

Thank you O2 for my free iPhone. Yes, you heard me. For a minimum monthly contract of £ 45 the nice people at O2 in the UK will give you a free iPhone. My bill has been more like £ 80 a month with the amount I have been over there, so I happily collected my free phone. I still don't have one here in the U.S. though. Do I really want to commit to another two years on ATT? Maybe President Obama will actually re institute some oversight of the communications industry and ATT will be forced to become more competitive... I think I'll wait and see.

In the meantime, Apple, why can't I take my US SIM card and slide it into that UK iPhone. Did you really have to lock phone serial numbers to particular carriers? Sigh. So now I have to carry two phones EVEN IF they are both 3G iPhones.

Which brings me to my other complaint - why can't the carriers figure out how to let us have reasonable calling rates from multiple countries? Even if I have to have a contract with multiple carriers, my SIM should be "multi-homed" -- registered with each carrier I have a contract with.

Anyone in the telecommunications industry listening?

Tuesday, October 28, 2008

The Coming Transformation of the Media Ecosystem

There is a tipping point, as Malcolm Gladwell famously defined it, for the old media world, driven as it has been by advertising dollars. This day of reckoning was coming, no matter what, but now it will be here sooner due to the current economic crises. 2009 could be the first year in a long time with an actual decline in total dollars spent in the US on advertising. And if it is, massive changes will finally take place in the relationship between media, advertising companies, and the public relations business.

Already a memo is circulating claiming that a number of well known print publications are close to failure. Here is a partial list, you'll recognize more than a few: Entertainment Weekly, Kiplinger's Personal Finance, SmartMoney, Men's Vogue, Teen Vogue, Nickelodeon, National Geographic for Kids, Sports Illustrated for Kids.

But the economic pain that publishers are going to experience in the next few quarters is going to bring down quite a few larger publications as well. An analysis of advertising spend as a percentage of GDP over the past 100 years shows that it has fluctuated between 1% and 3% but has been remarkably stable over the past 25 years at around 2% of GDP. This has been over a period when annual GDP has grown from 3.5 trillion to 13.8 trillion dollars (though not as large a growth when inflation is taken into account).

It is clear from the historical record that recessionary periods can put pressure on advertising expenditure both through a decline in the GDP and through a decline in the percentage of GDP spent on advertising. The last time annual Real GDP (which is to say, inflation adjusted GDP) actually declined was the beginning of the 1990s.

As you can see in this graph of historical real GDP by quarter and by year as hard as the early 2000 period was for us in tech, annualized Real GDP didn't drop. In both periods, however, advertising spending declined as a percentage of GDP -- in the early 1990s by .1% and in the early 2000s by .2%. So based on this historical record, media companies should expect a decline in the amount spent on advertising due to the current economic crises, and that decline may be especially severe as Real GDP is likely to fall in 2009.

But something else has clearly been going on in the last few years, even as the economy has been growing, which adds a third threat. From 2004 overall advertising spend as a percentage of GDP has declined by .1% in each year, dropping from 2.4% to 2.0% in 2007. From 2006 to 2007 this meant an inflation adjusted dollar decline in advertising. Arguably this decline is coming as the result of the changing spending habits of corporations within the overall marketing budget. As authors John Deighton and Leora Kornfeld argue in the HBSarticle Unanticipated Consequences
"...the shift from broadcasting to interaction within digital communities is moving the locus of control over meanings from marketer to consumer and rewarding more participatory, more sincere, and less directive marketing styles."
Marketers who are taking this seriously are shifting dollars away from advertising and into more engaging, more direct connection with markets.

If you take all three factors into consideration, a drop of $50 billion on advertising spend in 2009 is conceivable. The actual drop is likely to be less severe, but could be as much as 10% of total spend (which would be about $30 billion). If so, 2009 will be a watershed year for media.

Look at this from the perspective of the complete ecosystem. Tens of billions of dollars reduced from advertising spend means many fewer jobs at advertising companies and perhaps more than a few that fail. The loss of dollars into media companies will reduce the number of journalists, the number of pages, and probably the number of publications. This will then have an impact on traditional PR as there will be fewer journalists and fewer publications to pitch.

All of this is great news for bringing about a new world of direct company-market communications. It will accelerate the realization by companies that they can talk directly to their customers and prospects -- "more participatory, more sincere, and less directive marketing styles."

Monday, October 27, 2008

PitchCamp Winners and thank you to ALL!

Robert Goldberg and I invested a ton of time and thought into our PitchCamp workshop at Web 2.0 Expo Europe (held in Berlin again this year) but I have to say, it would not have been a huge success (thanks Mike Butcher for saying so!) without the tireless help of numerous others. But before I get into the thank you shout outs I must tell you about the terrific companies that won the arduous pitch process. We had 12 great companies and I think all of them made great progress in their pitches. But here were the judges favorites:

And a tie for third place:

We had an incredible group of judges officiating and I must thank all of them --

  • Mike Butcher – European Editor TechCrunch

  • Olivier Creiche – Vice President and General Manager of Europe, Middle East and Africa, Six Apart

  • Simon Levene – Partner, Accel Venture Partners

  • Patrick Liechti – Business Development Manager – Web 2.0 Startups, Sun Microsystems

  • Matt Marshall – Managing Editor and CEO, Venture Beat

  • Dr. Maximillian Niederhofer – Atlas Ventures

  • Mehrdad Piroozram – Managing Partner, iSteps Widget Ventures

  • Jens Redmer – Head of European New Business Development, Google

  • Carsten Rudolph – Emerging Business Team, Microsoft

  • Rob Schiller – Investor and Entrepreneur

  • Reshma Sohoni – CEO, Seedcamp

  • Yossi Vardi – Investor and Entrepreneur


Part of what made this so much fun was a terrific group of sponsors who provided prizes and sponsored the PitchParty afterwards -- I have to especially thank Ernst & Young, LinkedIn, iSteps, ContentTeam, Hobnox, SixApart, and VentureBeat.

But let me save the most superlatives for the tremendous, astounding, wonderful David Nöel of Hobnox who did an amazing amount of work to bring everything together on the ground in Berlin so that we had a great party and hundreds of happy pitchcampers. THANKS DAVID!

Stealing the Election

Attention John McCain - take time now to send a memo to all party members. Subject: Don't Steal The Election. Sure, some of us poor losers in blue states think the Republicans have stolen the last two presidential elections. And perhaps Republicans can forgive us for some of these (hilarious) satires of Diebold voting machines in Florida fixed to only record votes for Dub-yah. After all, there were a few inconsistencies. But does the Republican party really think that America is going to stand for this B.S. again? Apparently they do. Reporting on CNN in an article calmly titled "Long Lines, Glitches Reported in Early Voting" CNN's Sean Callebs, Brian Todd and Manav Tanneeru report this frightening comment from a voter in West Virginia:
In West Virginia's Jackson County, there were some reports that voting machines were accidentally recording the wrong vote.

"I went in there and pushed the Democrat ticket, and it jumped to the Republican ticket for president of the United States," said Calvin Thomas, an 81-year-old West Virginian.
Can this really be true? Did 81-year-old Calvin Thomas simply make this up in order to raise the specter of Republican voter fraud? Did CNN report this as yet another example of the "liberal biased media" stoking the flames of unrest against our duly elected representative government?

I certainly would not go as far as Jack Myers who predicts civil unrest and political demonstrations should the outcome of next Tuesday's election be a defeat for Obama. However, I think it is reasonable to point out to the election commissioners of every state that a perception of fraud in this election will significantly damage the faith of Americans and the world in our democracy and undermine our ability to be a positive force for good in the world. As Myers writes:
This time you will be uncovered. While some may try to obstruct the votes of Democratic-leaning segments of society, hundreds of thousands of poll watchers are on hand outside polling places. The Democratic National Committee has lawyers standing at the ready in contested states.
So am I concerned that the election will be stolen? Am I concerned that John McCain, Patriot and war hero, will allow a result to stand which rests upon voter fraud? Absolutely not. If John McCain is elected President of the United States and if John McCain knows that this election was achieved through subverting the democtratic process of this country, I fully expect him to assure his place in our history as a savior of our democracy by standing on stage and telling the American people and the world exactly how the election was stolen and renouncing the results. Note to McCain -- seems like a much easier way to become a permanent positive part of the history of America than trying to turn around this economy!

Sunday, October 19, 2008

700 Billion Smiles

I will reserve judgement on the US Government's $700 billion bailout plan until we see how well it works. But in the meantime there is something that all of us can do which is as important, if not more. I call it 700 billion smiles.

One of the core issues that the economy has is not about money, at least not directly. It is about confidence. I am seeing this issue every day -- your business may not have felt any impact from a slowdown in the general economy, but all this bad news is weighing you down. You might feel depression, anxiety, or just be calmly postponing decisions about purchases or investments -- waiting to see how things turn out.

But those behaviors, compounding across the world economy, are bringing about the recession just as certainly as the shortage of capital for commercial paper.

Optimism is an enormously powerful economic stimulant. Pessimism an equally powerful retardent. What we all need to do is rebuild our own confidence, and help those around us. That is where the smiles come in.

First of all, smiling will make YOU feel better. Really. The corners of your mouth pushing upwards actually tricks your brain into releasing chemicals which improve your mood. Try it.

And secondly, smiling is contagious. If people see you smiling, they will find themselves wanting to smile as well.

It's a powerful tribal behavior which we can tap into and help improve the mood, thereby confidence, and by extension the economy.

They didn't call it the great DEPRESSION for nothing. Now get out there and start smiling!



-- Post From My iPhone

Tuesday, October 07, 2008

Only 2 Spots Left! (Pitch Camp Berlin)

Robert Goldberg and I have been working hard to improve and expand the format of our "Pitch Camp x.0" Workshop at Web 2.0 Expo Europe and we have some very exciting updates:


1. Due to demand from entrepreneurs we have expanded the panel of experts that now includes folks from Google, Sun, Microsoft, Accel, Atlas Ventures and more! Check out the expanded session description here http://www.budurl.com/2wx6

2. We have made the format even more interactive. Now each participating company will be pre-assigned one of the panelists as a coach. There will be a hands on session where the coach helps in real time each company revise the pitch. This should get the competitive juices flowing. Other attendees to the workshop will also be assigned to observe the process.

3. We have found thousands of dollars worth of prizes to give away to the winners who will judged by the entire panel of experts. Check out the site http://www.budurl.com/2wx6 for more details on the prizes

4. Every participating company will get a prize!

5. We have a facebook event page, please sign up http://www.budurl.com/eu8v

6. IMPORTANT the deadline for submitting an application to pitch and participate is OCTOBER 11th. Email me to get an application -- tshelton (a) theconversationgroup.com

7. Several companies who are financially strapped have approached us to see if they could participate. We are talking to the O’Reilly folks about the possibility of getting one, but at most two session only passes for 1-2 worthy companies. Not a done deal yet, but we are hopeful. FYI if they become available these passes will only get you into the Pitchcamp Workshop and nothing else. So if your applying to pitch and are operating on a shoestring, in the applications process please let us know your circumstances and we will see what we can do to offer you a Scholarship!

8. PARTY – we are having a special VIP party later Tuesday night ONLY for people who attend the workshop. Details and tickets will be provided at the workshop, but take my word for it… it’s going to be great!

Tuesday, September 30, 2008

Pitch Camp! Or how much fun can we have in Berlin?

Are you coming to Web 2.0 Expo in Berlin at the end of the month? If you are, please join Robert Goldberg and I for our October 21st workshop on how to improve the way you tell your company's story to VCs, partners, and the media. Here is the link to the official session description:

http://en.oreilly.com/webexberlin2008/public/schedule/detail/5383

where you will see the great lineup of folks at our panel:

* Mike Butcher – European Editor TechCrunch
* Toby Copel – Managing Director of Europe, Yahoo!
* Matt Marshall – Managing Editor and CEO, Venture Beat
* Mehrdad Piroozram – Managing Partner, iSteps Widget Ventures
* Reshma Sohoni – CEO, Seedcamp
* Adam Valkin – Head of Digital Media and New Business, Endemol
* Yossi Vardi – Investor and Entrepreneur

BUT HERE IS THE IMPORTANT PART -- PAY ATTENTION

Sorry for yelling :-) Robert and I are looking for 8-12 startups that want to participate in the camp as the example companies (anyone can come and participate as an attendee of Web 2.0 Expo). These participating companies get

1) one-on-one coaching by one of our panelists
2) special prizes for participating and even better prizes for being the best
3) oh, and you'll probably improve the way you tell your story to VCs, partners, and the media!

Send an email to Robert -- robert(at)crossroadsvc(dot)com -- if you want to be one of the companies.

See you in Berlin!

Saturday, September 13, 2008

Cult of the Professional

I am certainly not the first person to flip the language of Andrew Keen's 2007 book The Cult of the Amateur: How Today's Internet is Killing Our Culture, and reflect on how he is suffering from, and trying to impose on all of us, the cult of the professional. But I have been recently reminded of how pervasive this cult of the professional is in our society.

In Keen's book we are told that a terrible thing is happening, all kinds of people are connecting to each other online and sharing their views with each other and this "amateur content" is destroying "our cultural standards and moral values." I could, complain about how Keen's view is stuck somewhere in the past, but this pro-establishment view is thoroughly entrenched in our culture and regularly keeps otherwise rational people from understanding the radical reformation of our society that is underway.

In one recent conversation a seemingly well-educated person told me that she only reads reviews of movies in the New Yorker and thinks it is ridiculous that people would trust average people's individuals views on movies instead of a trusting a "professional movie reviewer."

I thought she must be joking, so I laughed... which did not seem to go over well.

So I pointed out that I would much rather have the opinions of other liberal dads with daughters about a movie than some "professional" in New York who I may have nothing in common with and who may be evaluating the movie based on criteria meaningless to me. It was fascinating to hear her angry retort:
"sure, and someday maybe we'll go into a science classroom and anyone who wants to will get up and give the lecture instead of someone who actually knows something about science!"
Wow, I thought. This really misses the whole point. Whether a movie is good or not is about a statement of preference. Sure, a professional videographer might have something to say about the quality of the camera work -- but when I am reading a review, I just want to know whether or not I will have a good time!

So in cases of preference, an "amateur" opinion can be just as (if not more) valuable than "professional" opinion since it may more accurately reflect a view that has relevance for the recipient. So what about cases where opinion is not at stake, where presumably there is some agreed upon "facts?"

Certainly it is true that if I want specific knowledge I want to go to someone whom I trust to have the knowledge -- so in a science class I would want an instructor that has, through some professional process, been certified as having such knowledge... But then shall we leave aside that such certification can be unreliable ?

Which brings up a second dimension -- how does one becomes a professional and be "certified" -- and why do we assume that the way in which "professionals" are certified is better than any other method for identifying experts? It is a testament to how deeply we believe in "professionals" that we want to see an institutional certification and that this is more trusted than recognition from a community.

What I see happening in this "amateur" media is that the audience, instead of editors, are selecting the best content producers. They are recommending the best producers by reading them, linking to them, and recommending them. This does present a challenge when "facts" are at stake -- the writer most preferred by an audience might not be the one who is the most accurate. And it certainly doesn't put any sort of control in place for reviewing material for accuracy.

But this has a way of self-correcting over time. The web provides a platform for debate. Over time on any truly controversial issue, the conversation becomes a bell curve -- advocates on one side and opponents on the other with the bulky middle made up of people who don't really care.

And hasn't that always been true with the "professionals" as well?