I have to admit that I finally saw this promo video today, but it now appears that Google Glass will cost less than $1,500, so expect to see these things everywhere. It’s a pretty fair price for what looks like a revolutionary gadget. I think Steve Jobs would be proud, and of course pissed that Apple didn’t come up with this.
This is a pretty fascinating story about a pedestrian bridge built in Rotterdam through crowdfunding when the city couldn’t come up with the money.
Facebook’s IPO certainly netted a ton of money for Mark Zuckerberg and his fellow founders. Here’s a breakdown from the home page of CNBC.com.
But the stop barely budged from its IPO price by the end of the day. It’s not exactly the home run some expected for day one of trading.
Check this out as the founders of Kout discuss their start-up an their online payment service.
Hat tip – Robert Scoble
Tom Friedman is usually very good at explaining the disruptive influence of new technology and the implications for the global economy, even if he isn’t the first (or second) to notice something.
Some like Rich Kaarlgard have been describing this as the “cheap revolution” for years. Friedman is explaining the new developments in that area. We now have it all at our fingertips all the time. It’s a powerful and exciting development. Kickstarter is a great crowdsourcing example that thrives in this environment.
Friedman uses the column to contrast Wall Street and Silicon Valley. It’s a good read.
The Huffington Post sold for $315 to AOL this week, and Demand Media recently completed an IPO. In many ways, these events validate the strategy of gaming the system. Google is a beast that can be gamed, and both these operations did it very well.
HuffPo is notorious for hysterical headlines and their lefty slant, but they were also very well organized and filled a void in the marketplace. In many ways they deserve their success. But, a big part of their success has to do with gaming Google’s search results. Their editors find interesting stories, do a post on it with a link back, but HuffPo usually gets all the search traffic. The other sites usually don’t complain, because links from HuffPo provide really good traffic as well.
Demand Media also fills a void, as they use their own algorithm to find potential search results that need to be filled with content. Then they pay know-nothing writers (well, I guess some of them know what they are writing about) to create a short article covering the topic. AOL is even trying to copy the strategy. Many now refer to sites like Demand Media as content mills, and Google might be addressing the issue, but Demand Media has already scored their IPO and Google’s search results are littered with lame content at the top.
Gaming the system pays.
A gracious if not a bit awkward Mark Zuckerberg joined Jesse Eisenberg and Andy Samberg, who was impersonating Zuckerberg, onstage for the opening of SNL last night. It wasn’t particularly funny, but Zuckerberg sure helped his image quite a bit with the appearance.
I thought the folks at Groupon were nuts to turn down Google’s offer of $6 billion, but Henry Blodget explains why. The article makes sense and it was frankly an eye-opener.
BusinessWeek has a great profile on Henry Blodget and how he’s fighting back with his web properties after his disgraceful exit from Wall Street after the tech bubble burst.
Blodget was busted back then by then-New York Attorney General Eliot Spitzer, who has since had his own problems. Spitzer now has a TV show premiering soon on CNN, so it looks like everyone can get a second chance.
The Business Insider, along with niche areas like Silicon Alley Insider, is an excellent online magazine and news resource, so Blodget appears to be on his way.
I agree that HuffPo will keep growing as well, though at some point they might want to scale back those ridiculous and often misleading headlines.
Tags: Eliot Spitzer, Eliot Spitzer CNN, financial gossip, financial websites, Henry Blodget, HuffPo, Kenneth Lerer, misleading headlines, ridiculous headlines, Silicon Valley Insider, TBI, The Business Insider, The Hooters of the Internet, The Huffington Post
HuffPo has a cool story about a new niche dating site – You and Me Are Pure. As the article points out, there are all sorts of online dating sites out there covering all sorts of niches, from dating based on ethnicity to things like fitness buffs, cougars and bikers.
We have to admit we’re impressed. With all the niche dating sites out there, they may have found the most exclusive one of all!