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March 11 2012

00:00
The Economics Of Emotion
msn
The most recent commercial for the BMW i3 and i8 concept cars is a great example of something enlightened marketers have known for years: emotion is the key driver behind purchasing decisions. Yet, today, most businesspeople still follow the old adage, “Emotions and business don’t mix,” relying on rational data to drive decisions instead. Doesn’t the advertisement make you want to buy a BMW? Don’t you want to feel cool or look more successful, technology-forward and progressive? Well, that desire is emotion at work. Steve Jobs inherently knew the emotion of his consumers was critical currency in building the Apple phenomenon, and with over 1,700 CMOs admitting that building an enduring connection with consumers is a top priority in a recent IBM survey, leveraging emotion is fast becoming a top business imperative.

March 10 2012

22:45
3 Predictions On The Future Of Enterprise Software
future_enterprise_social_software_sml
The first image that comes to my mind when I think about business computing is the dystopic scene from the 1984 Apple commercial: A swarm of employees wearing the same uniforms and marching in unison into their offices where they are forced to use certain devices and software. They sit down in front of their PCs, open a business application their company paid millions of dollars to implement and, in a disciplined manner, fill out forms to populate the company’s database so their managers will be happy. The Anya Major in this dystopic scene is the consumerization of enterprise software. The term "consumerization" was first used, in the context of enterprise software, by Kevin Efrusy from Accel Partners back in 2008. You probably heard about it before. Heck, there’s even a SXSW panel discussing this subject, which means it really went mainstream. What is missing from the conversation though is a good look at the root causes and more importantly, at the implications of this phenomenon.
21:12
Sexy IPOs Versus SaaS-y IPOs
saas1
IPOs are hot again. Naturally, the press is focused on high-profile offerings like Facebook's. But, I think there is a more important group of companies going public: Smaller, less sexy Software-as-a-Service (SaaS) startups. Think of it as the Sexy IPOs versus the SaaS-y IPOs. They aren't household names, but the most recent SaaS IPOs (Cornerstone, Jive, Brightcove and Bazaarvoice) are doing better in the public markets, on average, than the Sexy IPOs of LinkedIn, Groupon and Zynga.
19:00
The Spanx Woman is Worth a Billion?! My Key Takeaways
Spanx1
I'm a complete sexist. I want women to look as good as possible. And I'm not the only one. Women want to look as sexy as possible. That's why they buy hundreds of millions worth of form-fitting Spanx every year. And now Sara Blakely, the founder of Spanx is worth a billion according to Forbes. She took Justin Timberlake's advice. A million is not cool. A billion is cool. So what happened next? In the past 24 hours I've heard three different guys say something to the affect of, "She? She is worth a billion? Huh. I guess anyone can be worth a billion." As soon as someone says that they are scratched off my list of people I want to spend time with. I only like to be around positive people who celebrate success.
Tags: Opinion TC
17:00
Save Helpless Faraway Africans From The Comfort Of Your Armchair!
congo-volcano
Wow. I never dreamed that I'd have a legitimate excuse to write a TechCrunch post about Joseph Kony, the crazed Ugandan warlord whose Lord's Resistance Army has been a pet obsession of mine for some years now. The first draft of my thriller set mostly in Uganda and the Congo had a villain loosely based on Kony, but I had to edit him out, basically because he's far too batshit crazy to be even remotely believable. The world is surprisingly full of things so implausible they would never fly in fiction, and the LRA is one of them. Now, stretching credulity even further, a 30-minute-long LRA-awareness video from the quasi-NGO Invisible Children has gone viral around the world. Celebrities and A-listers everywhere are retweeting it. Of course! Because if we just increase worldwide public awareness of the LRA's horrific depredations, why, then... ...and that's where they lose me. What exactly are Invisible Children hoping to accomplish with this? They claim credit for persuading Obama to send 100 US troops in October to help the Ugandan army find the LRA; but for what it's worth, I happen to know that the US Army was interested in tracking down Kony well before that. (How? Last June, while roaming around East Africa, I went diving in Djibouti with some Special Forces dudes--as you do--and Kony came up in conversation.) Raise your hands: who here seriously thinks the Special Forces will be any more effective because Taylor Swift, Diddy, Rihanna, and Zooey Deschanel are tweeting their moral support?
14:00

Entrepreneurs Are Difficult At Best And Abrasive at Worst — Get Over It

Editor’s note: Contributor Ashkan Karbasfrooshan is the founder and CEO of WatchMojo, he hosts a weekly show on business and has published books on success.  Follow him @ashkan.

The greatest entrepreneurs follow their gut and as a result are perceived as difficult at best and abrasive at worst.

Most people who know me say I’m too diplomatic, but last week my advisor told me that someone asked him if I was “difficult”.  His answer was “if Ash was difficult, I wouldn’t work with him.” I was going to write something on the matter, but felt that doing so would make me come across as, you know, difficult.

But after a recent brief discussion this week with a fellow executive ended in disagreement, I thought to myself: “well that guy’s definitely going to think I’m difficult”, even though only a fool would have accepted his offer.

It reminded me of that Chris Rock line: “What’s sexual harassment? When an ugly guy wants to get some?” Well, what’s being difficult? When someone doesn’t give you what you want?

A Different Kind of 1%

Even if 99% of people think you’re reasonable, there will always be the 1% that thinks you’re difficult.  Personally, in my situation, it boils down to being a self-funded, bootstrapped founder who’s the company “CXO”, wearing many hats and not having the luxury of having a fellow C-level executive come in afterwards to play the bad cop. Ultimately, I have to deliver on my word, so occasionally this means I won’t say or do what someone may wish.  This avoids larger problems down the road.

Equity Means Ownership to Others; Control to Entrepreneurs

There’s a fine line between being assertive and an ass.  We’ve already touched on how you can get others to do what you want.  This article isn’t about management of employees, it’s about negotiations with outsiders and others thinking you’re difficult when

i)                    you don’t offer them what they want and/or
ii)                   you don’t accept what they offer.

That might make you come across as difficult to them, but that really says more about them than you.

My philosophy on negotiations echoes Time Warner’s Dick Parsons: “When you negotiate, leave a little something on the table”, otherwise no one would want to deal with you in the future  In fact, I try to avoid saying “I’m being reasonable”, because everyone thinks they’re reasonable: it’s more important how others perceive you in your wheeling and dealings.

There’s way too much envy and jealousy in the world and our industry, so part of what makes critics think that entrepreneurs are difficult stems from that, though no one will admit it. No one is “driven by money” until they realize that someone is about to make money or has made money, at which point everyone inherits a sense of entitlement.

Control vs. Stability: Missionary vs. Mercenary Mindsets

While founders seek missionaries (in a secular sense) to join their cause, they tend to draw mercenaries. Despite the high failure rate of startups, the perception of overnight success and quick riches is high to those driven by money.

As such, to the founder, equity means control and the ability to prioritize the stakeholders’ needs and wants according to his moral compass.  To the recruits, ownership rarely means control (since they have minority stakes) but rather, possible wealth.

The following nuance is key in both understanding and reacting to claims you’re being difficult: managers and employees usually get equity as a bonus and incentive for joining a fledging startup; whereas investors are getting equity in exchange for an investment.

Not All Stakeholders Are Created Equally

However, oftentimes you’re accused of being difficult by would-be investors and future employees. Their feedback may be really valuable and to some extent correct, but it’s impossible to please everyone, especially if the majority don’t view you as difficult to begin with.

While it’s important for your clients and employees not to think you’re difficult; it’s actually not the end of the world for your investors, board, competitors and even your suppliers to think that you’re at least a little bit difficult.  If dealing with you is akin to taking candy from a baby, you’re doing something wrong and will end up like the founder who had 0.5 percent of his company after five years.

In fact, to please some stakeholders, you need to resist others; that might make you seem difficult to narrow-minded stakeholders that don’t like your position on a matter, but it absolutely makes you a better leader over time.

To some, Mark Zuckerberg wasn’t being reasonable when he turned down offers from Yahoo, Google or Viacom early on, but in hindsight, everyone that doubted him then supports him now.

So it’s not the end of the world if would-be advisors and investors think you’re tough, because there’s actually a very weak chance they’re really interested anyway (especially since sometimes would-be investors want you to upset your existing investors).  You’re building the company so the best investors and advisors are the ones who understand and support you.

I’m not saying to go to ignore feedback or become abrasive, but to quote football coach Steve Spurrier: “If people like you too much, it’s probably because they’re beating you.”

The Irony of Honesty

Many entrepreneurs eventually drown self-doubt out through naïveté, idealism and determination, which spills over into how we communicate our vision and rationalize criticism.  Ultimately, people appreciate candor until you’re forthright with them, at which point you’re impolite.

As impossible as it seems, if you can leave your emotion aside when people give you feedback and choose your spots when it comes to dishing out the criticism, then you’ll become a very effective leader.

The Hypocrisy of Time

Entrepreneurs are always told that “time is the most precious asset”. Perhaps. But when we cut to the chase and pass on an idea or offer, we’re sometimes told we’re difficult, even though the greatest skill an entrepreneur has is listening to his gut.

The Double Standard of Being Difficult

As an entrepreneur, it seems that everyone goes out of their way to be difficult with you.  Now it’s the entrepreneur’s turn to get over it, no one forced you to lead this life.

In the end, a little bit of understanding of the other person’s situation and background would help everyone be, well, less difficult.



Tags: Opinion TC
02:57
Paper Or Plastic?
tale
I have a confession to make: despite having reviewed a few e-readers, and having written dozens of articles about them, I've never really used one. I mean, I've used them enough to know a good one from a bad one, to understand the features, and to do a proper evaluation — but I've never made one part of my life, the way one makes a mobile phone or laptop part of one's life. In that way I haven't really used an e-reader. Until just recently. As a book lover, I view e-readers as interlopers; as a practical person, I acknowledge them as inevitable. But in both cases, I have come to view them as a deeply unsatisfying reading experience. They fall short of paper in meaningful ways, and objecting to them should not be considered technophobic. The future of e-books is bright, but as far as I'm concerned, right now we're still in the dark age — though that isn't to say the stone age.

March 09 2012

19:17
How To Win At SXSW: Give Away Experiences, Not Grub and Booze
Salesman Shouting
The fundamental mistake companies make when marketing at SXSW is giving away things I can easily buy on my own. Open bars and taco giveaways only attract freeloaders. If brands want influencers to take notice, they have to provide unique experiences. From my last three SXSWs, I couldn't tell you who provided the ice cream sandwiches or Lone Star beers. But Zynga's warehouse concert with TV On The Radio, Tagged's limo rides, and Diggnation's fire-eating magician -- those I remember.

February 29 2012

00:07
Why Google+ Doesn’t Care If You Never Come Back
Google Leave Me Alone
Ad targeting. Google+ is designed to power ad targeting, and for that it only needs you to sign up once. This lets it combine the biographical information you initially enter such as age, gender, and places you've lived with your activity on Search, Gmail, Maps and all its other products to create an accurate identity profile. And this powers targeting of more relevant ads it can charge more for. So despite comScore showing that the average Google+ user only spends 3 minutes per month on Google+, VP Bradley Horowitz wasn't lying when he told the Wall Street Journal "We're growing by every metric we care about".

February 13 2012

00:00
No Longer An Awkward Teenager? Gamification Grows Up
badges
Over the last year, you may have noticed that a once-niche trend not only crept into the mainstream, but is starting to really make a big splash. Gamification has become one of the hottest buzz words in the industry and is probably in the process of taking over a website or user experience near you. For the uninitiated, gamification, said simply, is the use of game design techniques and mechanics to solve problems and engage audiences. Over the last year, even large companies and enterprises are starting to get in on the game, with Gartner saying that all CIOs should have gamification on their radar, and M2 research predicting that the gamification market will reach 2.8 billion in direct spending by 2016.

February 12 2012

22:00
Five Ways That Mobile Apps Can Save Your Valentine’s Day
iPhone-Icon-Heart-f
It’s that time of the year again and if you haven’t started thinking about what to get that special someone in your life, better start thinking fast, or Cupid’s arrow might just speed right past you. Luckily, we live in a world where our smartphones have become pragmatic problem solvers. Need the perfect gift? There’s an app for that. Can’t get a restaurant reservation? There’s an app for that. Girlfriend being a royal V-Day diva and it’s only 9 a.m.? There’s an app for that. (Well, not really, but it’s only a matter of time). Here are five unique ways that mobile apps will not only ensure you get through "le jour d’amour" with flying colors, but will provide you with time and cash-saving tricks that you can use any day of the year.
20:26
Five Ways Brands Can Leverage Pinterest Now
Pinterest_Logo (1)
Pinterest is hot. White hot. The 2011 Crunchie award winner for Best New Startup has been on a roll lately, hitting almost 12 million monthly unique visitors and crossing the 10 million milestone faster than any previous independent site, according to comScore. And a new report from Shareaholic indicates Pinterest is already generating more referral traffic to websites than YouTube, Reddit, Google+, and LinkedIn combined.
16:14
The Only Reason Companies Delete Emails Is To Destroy Evidence
Image (1) burninglaptopfun.jpg for post 361895
The News Corp. phone-hacking scandal continues to spiral out of control, sweeping up more and more of the companies employees and executives. In the UK, 8 people were arrested, including five News Corp journalists, in the broadening scandal, which may embroil deputy COO James Murdoch—Rupert's son and heir-apparent. A paper copy of a deleted email found in a crate ties James Murdoch directly to the events under investigation, which involved the routine and illegal hacking of phone voicemails on behalf of a News Corp publication. This email evidence would never have been found if it wasn't printed out because News Corp, like many corporations, regularly deletes archived emails. It is standard practice, but the technical reasons given for deleting emails are usually not the real reason they are eliminated. The only real reason to destroy old emails is to avoid liability and future lawsuits.
Tags: Opinion TC
00:52
Should Mark Zuckerberg Think Twice About Establishing A Dynasty?
joaquin phoenix
Congratulations Facebook! You have made history and changed the world. So, here are some thoughts from one of your biggest fans. Like the rest of the planet, I love Facebook and use it every day. So, there may never be a better time than now, when things are going really well, to add a dose of humility and perspective to the Facebook conversation. Remember the movie Gladiator? Commodus, the bad son, murdered his aging father, Emperor Marcus Aurelius, preventing him from passing the empire down to his adopted good son, Maximus. Thus, instead of carrying on a centuries old tradition of merit-based succession, power passed to an unworthy blood relative and corruption followed.

February 11 2012

23:26
Agencies Show Their Age On Mobile
michael douglas phone
Mobile strategy is about more than just phones. Mobile platforms and engagement strategies in our digitally enabled world need to support all marketing initiatives, both offline and online, and be truly multi-channel. Mobile maturity is one area, however, where brands and agencies are playing catch-up with consumer demand. A siloed approach to mobile has been commonplace over the past couple of years. Many agencies have supplemented traditional creative with mobile ads that lack a larger strategy, subbing out app development that offers no real value and failing to thoughtfully consider the best platforms and devices for mobile campaigns.
Tags: Mobile Opinion TC
21:00
Four Mistakes Publishers Make When Bringing Content to Tablets
new york times ipad
Many revolutions have been televised, but the publishing revolution has already become digitized, and now, mobilized. There’s no doubt that the second half of 2011 was a difficult period for newspaper and magazine publishers. An Audit Bureau of Circulations report revealed that single-copy sales of consumer magazines dropped by nearly 10 percent in a year, while the five magazines with the highest newsstand sales all reported sharp declines as well. Most importantly, the fall in sales has hit revenues, making it more important than ever for publishing businesses to rapidly modernize their trade.
Tags: Mobile Opinion TC
16:29
Don’t Call Me a Douchebag
fear
I was once backstage at a news show. Six  people were on a box in the screen screaming at each other about the economy. The producer was laughing. He leaned over to me and said, “the whole idea of this is to fill the time between one commercial segment and the next.” Every day they want to scare me. Greece is going to suddenly disappear. Or have some sort of debt “contagion” that will spread across the Atlantic. Everyone is a “contagion” expert. Just like we were all experts on “Avian Flu”. Whatever happened to that one? Did anyone die of Avian flu?
Tags: Opinion TC
15:15
Patience is a Virtue, for Losers
lazy cat
Patience is one of the seven virtues, the lesser-known cousins of the seven sins.  And indeed, “patience is a virtue” – or so goes the saying.  But another saying states that “fortune favors the bold.” So which one is it? It’s not that patience isn’t valued; it’s that no one else is actually all that patient.  Whether you are growing a business or chasing a girl or trying to lose weight or auditioning on American Idol, no one will sit around and wait for results. They will be impatient. This doesn’t mean you should be impatient, it just means that in the words of George Jackson: “Patience has its limits.  Take it too far, and it’s cowardice.”

February 09 2012

20:58
TCTV: In the Studio, Bain Capital Ventures is California Dreaming
Screen shot 2012-02-08 at 11.15.28 PM
“In the Studio” at TechCrunch TV this week welcomes a former California resident and current investor back to the west coast, where he and his partners have embarked on a new journey to build out a physical presence in Silicon Valley and San Francisco for one of the most dynamic business groups in the world. Ajay Agarwal, a managing director with Bain Capital Ventures (BCV), is leading the charge of building his firm's west coast offices and unveiling a brand new $600m fund, announced a few weeks ago in The New York Times. That's a whole lot of money to invest in new consumer, enterprise, and mobile opportunities. This is sort of a personal homecoming for Agarwal, who went to Stanford years ago as a undergraduate computer science student and founded a company while he was in school. Now, after nearly ten years with Bain Capital in Boston, he's leading his team here in California, comprised of Sahil Gupta, Indy Guha, and Adam Marchick, as it it were a startup, too.
03:23
Is A Hash Of Hash Of A Torrent Of A Torrent Of Copyrighted Data Copyrighted?
lajoconde
Let's try to parse this. Pirate Bay (.se) user allisfine just recently uploaded a torrent to the site that is a collection of all the magnet identifiers for the entire site (actually, only about a quarter of the site, but all the publicly visible ones). That is to say, it is a list of the unique identifiers, cryptographic hashes, of every .torrent file on the site. In a way, this torrent file, or indeed its magnet identifier (938802790a385c49307f34cca4c30f80b03df59c), contains millions or billions of dollars worth of pirated content. Or does it?
Tags: Opinion TC
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