August 29, 2012

Remove those regrettable online reputation tattoos

Chris AbrahamThe way you feel now about all those photos of you at the beach, in your suit, body-proud, tanned and drinking — liberation and joy — may end up making you feel completely different in your near future — trapped and ashamed. No matter how young you may be, reading these words, you need to start thinking long-game when it comes to your online reputation.

You’re at the mercy of the Panopticon: networked cameras are almost ubiquitous

Your online reputation on Google Search is a culmination of all your separate, discrete (or indiscreet) choices — sort of like tattoos — and it’s always easier to not get inked in the first place than it is live with the consequences or go through the pain and expense of having all of your tribal, prison, lower-back, ankle, neck, and face tattoos removed. Continue reading

June 13, 2012

Facebook will remain king, but social pure plays will fade


Facebook collage by Jennifer Daniel

Look for the rise of sites with deep social features

This is second of a three-part series on Facebook as an investment. Also see:
Facebook’s biggest barrier to enormous wealth? Trust
Brands: How to cut your exposure to Facebook business risk

Christopher RollysonFacebook will remain the dominant popular social network in many markets for many years, and it won’t have to worry about being “displaced” by another social network the way that it displaced MySpace. In the near term, this lack of competition will give the company some breathing room, but a more daunting threat awaits: the waning of social network pure plays’ influence by 2017. Nonetheless, the fate of pure plays should be top of mind for serious Facebook investors: to produce the fabulous returns that current investors expect, Facebook will have to move far beyond adverts.

In part one of this series, I argued that Facebook had a significant trust gap with users that would inhibit its ability to monetize its most unique and valuable assets, and that the trust gap was recently compounded by its “IPO irregularities.” Below I’ll take a different tack and analyze the investment prospects of Facebook the platform.

Social networks’ disappointing investment results

Pure play social networks (Friendster, MySpace, Facebook, LinkedIn) have not lived up to investors’ ROI aspirations, despite the fact that people (‘users”) have loved the networks and lavished mind-boggling amounts of time on them. The Web 1.0 logic behind investor expectations held that the more time people spent on the sites, the more ads they would see and the more they would click. #fail

In retrospect, it is understandable that pure plays’ management and investors didn’t appreciate social networks’ social context. It turns out that very few people understand the intricacies of “sociality,” much less how to wire it into a value proposition or a business ROI. Continue reading

January 23, 2012

O’Reilly Strata: Why big data matters


A presentation at the 2011 Strata conference.

JD LasicaThe leading big data conference, Strata 2012, the leading big data conference, is coming up fast! And you can save 20% with the Socialmedia.biz discount code below.

Strata debuted to a sold-out crowd last year and has become the top event in the field for the people and technology driving the data revolution.

What: Strata delivers the nuts and bolts of building a data-driven business — the latest on the skills, tools and technologies you need to make data work.

When: Feb. 28 to March 1, 2012

Where: Santa Clara Convention Center in Santa Clara, Calif.

Discount: Register now and save 20% with discount code SOCIALBIZ

From the conference organizers:

Get control of the new data opportunity at Strata — immerse yourself in three full days of hands-on training, information-rich sessions and an Expo Hall filled with the key players and products. Strata’s topics and programs include Data Science, Business & Industry, Visualization & Interface, Hadoop & Big Data, Policy & Privacy, and Domain Data. Plus, new for 2012 are two all-day Intensive Programs: Jumpstart – the missing MBA for Big Data; and Deep Data – a no-holds-barred program with advanced technical content.

The Strata experience is made up of intensely practical sessions for both business users and hardcore technologists; success stories (and cautionary tales) from startups making data their business and established companies that are saving millions and creating new revenue streams; great networking opportunities; and keynotes that snap the big picture into focus. We hope you will join us at Strata to explore emerging data tools and technologies that are shaping the future.