Twiangulate: a bird’s eye view of Twitter

by henrycopeland
November 4th, 2009

Want to help test a new service we’re coding? Drop me a line and I’ll get you a beta code for Twiangulate.

The service is simple, something we originally designed for staff use. Exhausted by plowing through lists of hundreds of people who our favorite tweeters follow, we rigged Twiangulate to (you guessed it) triangulate: create a short list of interesting people by comparing two or three target Tweeters’ followees. The process combines the robustness of code with the discernment of hand-sorting.

Here are a few pre-baked lists:
Politicos: @benpolitico + @jmartpolitico + @AriMelber
Open gov geeks: @cjoh + @ellnmllr + @bill_allison
Reason editors, past and present: @nickgillespie + @mleewelch + @vpostrel

Turns out that AriMelber, benpolitico and jmartpolitico follow 34 people in common. AriMelber and benpolitico follow another 24 in common. AriMelber and jmartpolitico follow another 47. And benpolitico and jmartpolitico follow a separate set of 53. If you’re a DC-news geek, charting who is on one list but not the others is fascinating.

Twiangulate’s ambitions aren’t huge. We’re just trying to help people more efficiently figure out who their friends, enemies and peers are following. Twiangulate augments Twitter’s SUL and its new “user generated” Lists, which offer essentially monocular snapshots of a dynamic, multi-dimensional world. Taking a more social approach, Twiangulate aggregates the wisdom of small crowds.

Blogs rocking the influencers

by henrycopeland
October 19th, 2009

The gurus over at influence mapping firm Morningside Analytics recently built this map that illustrates the central of blogs in our liberal and conservative networks in the healthcare and energy policy debates.

Here’s the healthcare map, with our blogs highlighted.

Health-blogs

And here’s their map for energy blogs with Blogads.

Energy-blogads

Here’s the post with more context.

EZ guide to rating “save the media” plans

by henrycopeland
October 19th, 2009

Here’s my minutely edited version of a brilliant “quick review” guide to saving the media, originally inMetafilter:

Your post advocates a

( ) technical ( ) legislative ( ) market-based ( ) crowd-sourced

approach to saving journalism. Your idea will not work. Here is why it won’t work. (One or more of the following may apply to your particular idea, and it may have other flaws owing to the avariciousness of modern publishers.)

( ) It does not provide an income stream to the working journalist
( ) Nobody will spend eight hours sitting in a dull council meeting to do it
( ) No one will be able to find the guy
( ) It is defenseless against copy-and-paste
( ) Users of the web will not put up with it
( ) Print readers will not put up with it
( ) Good journalists will not put up with it
( ) Requires too much cooperation from unwilling sources
( ) Requires immediate total cooperation from everybody at once
( ) Many publishers cannot afford to lose what little business they have left
( ) Anyone could anonymously destroy anyone else’s career or business
( ) Even papers run by trusts and charities are already going bankrupt
( ) [Assumes you'll get very lucky]

Specifically, your plan fails to account for

( ) Readers’ unwillingness to pay for just news
( ) The existence and popularity of the BBC
( ) Unavoidable availability of free alternatives
( ) Sources’ proven unwillingness to “go direct”
( ) The difficulty of investigative journalism
( ) The massive tedium of investigative journalism
( ) The high cost of investigative journalism
( ) Unpopularity of weird [any] new taxes
( ) Editorial departments small enough to be profitable are too small to do real reporting
( ) Legal liability of “citizen journalism”
( ) The training required to be even an rubbish journalist
( ) What readers want, in the main, is celebrity and football
( ) The necessity of the editing process
( ) Americans’ huge distrust of professional journalism
( ) Reluctance of governments and corporations to be held to account by two guys with a blog
( ) Inability of two guys with a blog to demand anything
( ) How easy it is for subjects to manipulate two guys with no income
( ) Rupert Murdoch
( ) The inextricably local nature of much newsgathering
( ) The dependence of all other forms of news media on print reporting
( ) The dependence of national press on local press reporting
( ) Technically illiterate politicians [anybody]
( ) The tragedy of the commons
( ) The classified-driven business model of much print publishing
( ) The tiny amounts of money to be made from online ads for small sites
( ) Google is happy to give the click revenue to somebody else for a penny less

and the following philosophical objections may also apply:

( ) Ideas similar to yours are easy to come up with, yet none have ever been shown practical
( ) That the US press dropped the ball on Iraq is a symptom, not a cause
( ) Print advertising pays so well because advertisers *can’t* work out the return they’re getting.
( ) Information does not want to be free
( ) Society depends on journalists producing news that few readers are actually all that interested in, quite honestly
( ) That your friend was misquoted once in a paper does not mean journalism is bunk
( ) Everybody reading the same story is a feature, not a bug
( ) Having a free online “printing press” doesn’t turn you into a journalist any more than your laser printer did
( ) Wall Street won’t allow newspaper groups to back off from 20% profit margins
( ) Newspaper executives are second only to record industry executives for short-sighted idiocy
( ) E-paper still doesn’t give publishers back their ad monopoly and hence its revenue
( ) You can’t charge for online content unless all your competitors do it too, all at once.
( ) Ethics are hard to hold up when your bills are due
( ) Citizen journalists are almost as good as citizen dentists
( ) “Gatekeepers” can help keep out undesirable things
( ) Publishing less often makes you even less relevant
( ) Feel-good measures do nothing to solve the problem
( ) Free society depends upon a free press
( ) Democracy is bad enough with the press we’ve already got
( ) You think print is bad? Imagine Fox News, as a blog. That’s what your idea will turn into.
( ) Reader-generated content is to professional news what YouTube is to big-studio movies.
( ) Have you read the comments on news websites? They make YouTubers look like geniuses.
( ) You are Jeff Jarvis
( ) Or Dave Winer

Furthermore, this is what I think about you:

( ) Sorry dude, but I don’t think it would work.
( ) This is a stupid idea, and you’re a stupid person for suggesting it.
( ) Nice try, assh0le! I’m going to find out where you live and burn your house down!

(via BoingBoing.)

#FF #HC09 tweet ads

by henrycopeland
October 16th, 2009

If you head over to DailyKos, you can see the newest twist the SEIU is putting on their Tweet ads.

The recommended tweets, which appear on posts about healthcare like this one, include not only the SEIU, but peer organizations and even individuals like @owillis and @punditmom playing on the true potlatch spirit of Twitter and Follow-Fridays. You can see 3 variations below.

FF smallscreen

HC 09 smallscreen

Tweetbird small

Huffpo gunning for Pulitzer in T&A

by henrycopeland
October 15th, 2009

When are people going to get serious about Huffpo’s unseriousness?

Every day brings another round of accolades for Huffpo’s contributions to journalism. Maybe a Pulitzer, pant pant.

But beneath the skin (of buxom beauties) on Huffpo, there’s less beef than many (and Huffpo’s PR machine) give Huffpo credit for.

Take this post titled “Huffington Post Traffic Blows Past LA Times, Washington Post” from the Silicon Valley Insider, for example:

The Huffington Post has now blown past the sites of both the LA Times and the Washington Post, says Compete.com.

Huffington Post had 8.4 million uniques in September, up from 7 million in August. The LA Times site had 8.3 million uniques in September, versus 8.2 in August. The Washington Post took the hardest fall, going to 8.1 million uniques in September from 9.3 million in August.

The post ends by asking “What was that Mayor Michael Bloomberg was just saying about how print publications aren’t writing stuff people want to read?”

Read?

Maybe if the LA Times and Washington Post included lots of “content” like “Shauna Sand’s SEX TAPE: Lorenzo Lamas’ Ex’s Explicit VIDEO ONLINE” and “The 10 Creepiest Unintentionally-Sexual Ads Of All Time (VIDEO PHOTOS)” and “January Jones Drinks Beer, Dons Leather, Says Ex-Boyfriend Ashton Thought She’d Fail” their readership (or viewership) would be higher.

And BTW, those happen to be posts 2, 3 and 4 on Huffpo’s list of most popular stories today.

Huffpo most popular 11.15.09

And here’s another recent set of Huffpo’s stunning contributions to journalism. As folks used to say about Playboy, no doubt lots of people read Huffpo “for the stories.”

Pulitzer, anyone?

Huffpo 10-13-09 most popular

New twist on Twitter advertising: light a tweet bonfire

by henrycopeland
October 14th, 2009

If you’re a DailyKos reader, you’ve probably seen some new ads by the SEIU today appearing at the bottom of posts about health-care.

The ads look like this…

out of pocket

14 states

Rates

The images I’ve posted here aren’t actionable, but if you were looking at the real thing as a reader on DailyKos, you’d be able to edit the tweet and post it.

The ads offer a nimble advertiser a quick and easy way to fan the flames of a hot topic, co-joining blog reader passion and a timely topic to trigger a bonfire of tweets. Shazam!

More fun stuff on the way…

Update: PC Magazine chimes in: “If you’re like me, you’ve been losing sleep at night, worrying that third-party companies haven’t been able to effectively leverage the Twitter platform for their advertising benefit. Have no fear! Check out the admittedly clever ad above from the Service Employees International Union.”

Seeing trees rather than the forest

by henrycopeland
October 12th, 2009

A new survey seems to undermine reports of Twitter’s impact on movies by looking at the decision-making of individual users. Unfortunately, focusing on individual relationships, the analysis doesn’t take into account the structure of the network that actually generates the stimuli that individuals receive. First, the survey:

“Our research found a significant overestimation of the Twitter Effect,” Kevin Goetz, the president of OTX’s worldwide motion picture group, told me. “The number of people who use Twitter are only about 10% to 12% of all moviegoers. And when we asked people what was the most influential source of moviegoing word of mouth, Twitter finished last, at the bottom of the list.”

OTX did an online survey of nearly 1,500 moviegoers in mid- September, the bulk of the sample being moviegoers from age 13 to 49, the key moviegoing demographic group. When asked what was the most influential source for word of mouth, most respondents picked “family and friends and coworkers,” which scored 40%, followed by Facebook (31%), MySpace (9%), IMDB (8%), with Twitter and online message boards bringing up the rear with 6% each.

“The data suggests that all the media play for the Twitter Effect is really jumping the gun,” says Vinnie Bruzzese, the exec VP of OTX’s motion picture group. “It has an impact, but it’s coming much later on, not as initial reaction. There may be people with a lot of followers on Twitter, but the most influential people in terms of word of mouth are still the people you’re talking to every day — your friends and co-workers.”

But the science of networks dictates that the etiology of infection/influence for individual final users/consumers isn’t as important as the influence on the people in the center of the network, the hub.

As the great new book “Connected” explains, most natural human networks aren’t shaped like this:

Conected options

But this:

Human network

In short, all nodes (aka consumers) are not created equally. As the caption notes, “even though C and D both have six friends, they have very different locations in the social network. C is much more central, and D is more peripheral; C’s friends have many friends themselves, whereas D’s friends tend to have few or no friends.”

Twitter users are, by definition, like person C in this graph — they’re hyper-communicators who are highly networked both online and off.

Local newspapers make for better locales?

by henrycopeland
October 2nd, 2009

In a brilliant piece of arm-chair reportage, Clay Shirky dissects (literally and literarily) his local paper and discovers that out of an editorial staff of 59, only 6 folks actually report on local news.

Shirky concludes:

There are dozen or so reporters and editors in Columbia, Missouri, whose daily and public work is critical to the orderly functioning of that town, and those people are trapped inside a burning business model.

Shirky’s entire analysis, like just about everything else he does, is brilliant.

But logically flawed? We’d like to believe that local papers make a difference. But has anyone proven that they do? Do towns with newspapers function better? As Shirky himself notes, “Ann Arbor, another midwestern college town and just a bit larger than Columbia, doesn’t have a newspaper at all.” Is corruption or mayhem rampant in Ann Arbor?

Cool new ad for #Sickofit health care

by henrycopeland
October 1st, 2009

Health Care for America Now (HCAN) launched a bunch of cool blogads this morning promoting their “sick of it” campaign.

The best, in my opinion, does the very clever trick of pulling into the ads recent tweets that use the #sickofit tag.

If you look closely, you can see that all the clickable elements — tweeter’s nickname, hashtags, any URLs — are visible within the ad.

And if you go look at the ad live on Talkleft (or 100+ other blogs) you can see that each of those elements is separately clickable. This ad has not only the virtue of providing users with more information, timely information, but making the community part of the message. And isn’t that what social media is all about? Maybe we should start a #socialads4socialmedia tag?

HCAN

Here are a couple of other ad versions running at the same time:

HCAN 2

HCAN 3

GIFs trump Flash

by henrycopeland
September 2nd, 2009

Working with Dynamic Logic, Doubleclick finds:

When you add up performance across all the brand metrics studied, simple Flash ads provide less brand impact than any other format – even GIFs and JPEGs. It turns out all those advertisers who served simple Flash ads through DoubleClick last year could’ve saved themselves some time and hassle by simply producing animated GIFs.

Taking this a step further, don’t forget, we’ve found animation usually reduces clicks.

Congratulations on unFAIL ad

by henrycopeland
September 1st, 2009

Congratulations to HCAN for kicking off the autumn ad season with a genius ad.

The ad, placed on the the epic FAILBLOG, touts a Twitter hashtag campaign (#failephant) attacking GOP healthcare policies. Here’s a copy of the current ad.

Now if we can just get HCAN to feature a feed of the #failephant tweets in their ad, this will be an unFAIL home-run. (See example at left.)

Facebook ads for SXSW panels

by henrycopeland
August 28th, 2009

A colleague just saw this ad on Facebook promoting an SXSW panel. Clever.

HuffPo covers up its skin fixation

by henrycopeland
August 25th, 2009

There seems to be something of a cover-up going on at the HuffingtonPost.

Apparently embarrassed by the importance of sex-driven stories in powering its traffic, Huffpo has recently changed its “most popular stories” feature to obscure how many page impressions each story gets.

The stories now seem to be ranked according to # of comments (see example of the new format at the bottom of the post) but earlier this summer, you could see the number of raw impressions each story was getting.

While serious policy-related “politics” stories, which Huffpo pretends are its bread and butter, got 50k impressions, stories like “When your Boob tape is showing” and “Women’s Iconic Swimsuit movie moments” got millions.

For the record, here are screen grabs of the most popular Huffpo stories, as ranked by page views, for three different days earlier this summer, just before Huffpo decided to hide its skin-fixation:

And here the new format, which obscures but not entirely hides, the Huffpo readers’ hormonal urges:

Huffpo’s flight from seriousness continues

by henrycopeland
July 20th, 2009

Check out what Huffpo’s readers are excited about today.

Mind you, there’s nothing wrong with any of this stuff… it’s just that this bonfire of skin is a long way from the highbrow content that Arianna claims to be championing:

Fastism

by henrycopeland
July 16th, 2009

Huffpo gives up the seriousness ghost?

by henrycopeland
July 15th, 2009

On Tuesday, the day when the HuffingtonPost’s headline story was “SOTOMAYOR UNDER THE GUN” these were the site’s most popular stories:

Huffpo bills itself as a serious forum for liberal thinkers… I wonder what percentage of its clicks are purely skin? Huffpo’s always-sober lead story is a thin veneer of high-brow atop a smorgasbord of breasts, butts and assorted salaciousness.

Shirky on publishing, publics and subsidies

by henrycopeland
July 14th, 2009

Many nuggets in Clay Shirky’s essay about the death of publishing:

The hard truth about the future of journalism is that nobody knows for sure what will happen; the current system is so brittle, and the alternatives are so speculative, that there’s no hope for a simple and orderly transition from State A to State B. Chaos is our lot; the best we can do is identify the various forces at work shaping various possible futures. Two of the most important are the changing natures of the public, and of subsidy.

As Paul Starr, the great sociologist of media, has often noted, journalism isn’t just about uncovering facts and framing stories; it’s also about assembling a public to read and react to those stories. A public is not merely an audience. For a TV show with an audience of a million, no one cares whether it’s the same million every week — head count rules. A public, by contrast, is a group of people who not only know things, but know other members of the public know those things as well. Both persistence and synchrony matter, because journalism is about more than dissemination of news; it’s about the creation of shared awareness.

Consider, as an illustration, the difference between assembling a public for a newspaper, and for stories on that paper’s website. The publisher assembled the public for the paper, maintaining subscribers lists and distribution chains, and got to decide what front-page news was for those readers. This was a bottleneck of value that used to be enforced by the limitations of print and distribution, and by lack of competition for sources of written news.

On the website, however, the stories are the same, but assembling various publics is different. The home page doesn’t serve the function the front page used to; for many papers, less than half the traffic even sees the home page. Instead, people who care about gay marriage, say, will pass around the relevant articles in email, IM, or twitter, whether those stories are on page A1 or B17, whether the paper is published in Anchorage or Miami. Online, it is the relevant networked publics, not the editorial board, who determine much of what gets read.

The logic of the Internet, a medium that is natively good at helping groups communicate at vanishingly low cost, is that the act of forming a public has become something the public is increasingly doing for itself, rather than needing to wait for a publication (note the root) to do it for them. More publics will form, they will be smaller, shorter-lived, and less geographically contiguous, and they will overlap more than the previous era’s larger, more rooted, more stable publics.

Which brings us to the changes in subsidy. Journalism written for that fraction of the population that follows the news closely has always been subsidized. For the last century, newspaper journalism had direct subsidy from advertisement and cross-subsidy from sports fans and coupon clippers who never really cared about the city council or the coup in Madagascar. The packages containing news have been so bundled and cross-funded that we’ve never really known precisely the size of the audience for actual civic-minded reporting, or how much direct fees from that audience would amount to. We do know, however, that the rough answers are “Small” and “Not much,” answers that suggest radical transformation, now that the media environment in which those subsidies flourished is gone.

Agreed. I agree less with his remaining points.

There are many shifts coming, but three big ones are an increase in direct participation; an increase in the leverage of the professionals working alongside the amateurs; and a second great age of patronage.

Participation first. Various self-assembled publics can increasingly engage in acts of journalism on their own. The functions of gathering readers, and providing analysis and opinion, are already moving from professional organizations directly into these overlapping publics, and increasingly, the basic act of reporting — of observing and then relaying — is as well. All of this represents a massive supply-side subsidy to the volume and variety of raw reporting.

Though we do lots of writing about ourselves, there’s still very little “reporting” going on. Reporters, even when not brilliant themselves, do a great job of asking questions others aren’t asking.

Similarly, William Bastone and his staff at the Smoking Gun have moved from shoe leather to database queries in uncovering news; here the leverage is not professionals and amateurs but professionals and machines. The ability to get out of the “phone call” model of reporting — one paid journalist talking to one source at a time — and to instead bring in everything the internet has taught us about automation, syndication, parallel effort, and decentralization will increasingly characterize successful new models of journalism.

Agreed. This one I’m still chewing on:

Finally, there’s patronage, either of the “one rich person” model, as with Richard Mellon Scaife’s subsidy of conservative journals, or the NPR Fund Drive model, where the small core of highly involved users makes above-market-price donations to provision a universally accessible good run for revenue but not for profit. These models have always existed alongside the for-profit press, but they were always viewed as oddities, their ability to continue to function being regarded more as a kind of perverse outcome than evidence of continued viability.

In an age where the cost of making things public has fallen precipitously, patronage models suddenly look not just viable but eminently reproducible. The leverage to be gotten from motivations other than profit is now growing rather than shrinking; a poorly capitalized journalistic weblog is now likelier to reach a million readers than a well-funded but traditional journalistic outfit is.

Because journalism has always been subsidized, and because the public can increasingly get involved in activities too complex for loose groups to take on before the current era, journalism is seeping into the population at large, with the models of subsidy being altered to fit that shift. The transition here is like the spread of the ability to drive, from paid chauffeurs to the whole population. We still pay people to drive, from buses to race cars, and there are more paid drivers today than there were in the days of the chauffeur. Paid drivers are, however, no longer the majority of all drivers.

I guess the Sunlight Foundation qualifies as the latter. SEIU blog qualifies. What else?

Perez promotes Sony’s The Ugly Truth on Twitter

by henrycopeland
July 13th, 2009

This morning Perez Hilton launched the first major Twitterer’s ad campaign, for Sony Picture’s romantic comedy “The Ugly Truth.” As far as we know, Perez’s blast marks the first time a Twitter personality has leveraged his or her influence on behalf of an advertiser.

Readers will tweet their best dating advice to @uglytruthmovie. Their tweets will be featured on PerezHilton.com, where readers will rate the dating tips. The top 10 tips will be featured on the site this Friday. Perez is doing sponsored tweets (clearly marked) to promote the contest.

Perez began tweeting in early January 2009 and is currently the 20th most-followed Twitterer, with 1.2 million followers. Perez is the fourth most retweeted person on Twitter.

When journalism becomes a popularity contest

by henrycopeland
July 13th, 2009

WaPo’s web columnist Dan Froomkin gets the ax because his online articles don’t get enough traffic.

Think about all the coverage that will disappear in coming years as this philosophy becomes standard.

Think about all the far away places about which the average person knows little and care less — Sudan, Kosovo, Bosnia, Pakistan, Ghana, Taiwan, South Korea, Peru — that won’t measure up to the web’s popularity standards and slowly disappear as take-it-or-leave-it bundle of The Newspaper is replaced by the “every word for itself” metrics of web publishing.

The HuffingtonPost has stepped up to hire Froomkin — no doubt garnering a nice little spike in page impressions and PR — but is itself on vanguard of the desperate commercial scramble to add frothy content to drive page impressions and revenues. (Right this second the most popular stories on Huffpo are #1 “Sarah Palin’s Most memorable style moments” #2 “Women’s iconic swimsuit movie moments” #3 “ADN confirms, Sarah Palin’s story doesn’t add up” and #4 “Emma Watson’s Wardrobe Malfunction.”)

I’m not arguing that Froomkin was a great journalist or deserved to stay at the Post. I’m just marking this small moment in the shifting climate of publishing, a moment in which web metrics nudge aside the editor’s judgement.

Untuned, United frets

by henrycopeland
July 9th, 2009

Just for the record…

Currently 218k views and 2700 comments.

Debt spiral

by henrycopeland
July 8th, 2009

WSJ reports:

Short-term interest rates at near zero have helped pull yields down across the curve. In June 2009 the average cost of government debt fell to 2.69% from 4.04% a year earlier.

But since January, longer-dated Treasury yields have risen. The 10-year note now yields 3.33% up from just over 2%. Meanwhile, the rate on T-bills, or debt with less than a one-year maturity, will not remain near zero forever – unless, of course, the U.S. enters a Japan-style extended period of stagnation.

The potential impact of government borrowing rates returning to more normal levels could be huge, the CBO data shows. Even under its baseline assumptions net interest payments will rise from around 7.7% of revenues in 2010, to 9.6% in 2012, to 14.1% in 2014. The total net interest bill for the 2010-2014 period weighs in at $1.5 trillion. Even this interest burden has the potential to constrain policy – forcing the administration to cut spending aggressively or raise taxes.

But if there were some kind of interest-rate shock, the picture could look extremely bleak. One CBO scenario: If 10-year yields and T-bill rates moved back to the average levels of the 1990s by 2014, the interest bill for the five-year period would rise to $2 trillion. If yields returned to 1980s levels, when 10-year yields averaged 10.5%, the interest bill would climb to $2.6 trillion.

Obscure thought for the day

by henrycopeland
July 7th, 2009

“Disciplines are cultures, with embedded practices and ways of thinking that have been successful at tackling certain kinds of problems. When a new problem or opportunity arises that does not fall into one of the traditional disciplinary bins—like converging technologies–then practitioners from different fields may find they have fundamentally different perspectives on it, including whether there really is an opportunity. This kind of communications barrier depends, in part, on one’s level of inclusion in the disciplinary culture (Law & Bijker, 1992) and on which invisible colleges a particular member of the culture belongs to (Crane, 1972).” (From draft workshop proposal, Trading zones, interactional expertise and interdisciplinary collaboration, by Michael E. Gorman, University of Virginia)

Double down

by henrycopeland
July 6th, 2009

Bloomberg:

Investors anticipating another “summer rally” may be disappointed as Treasury Secretary Timothy Geithner accelerates debt sales to finance a record budget deficit. After more than doubling note and bond offerings to $963 billion in the first half, another $1.1 trillion may be sold by year-end, according to Barclays Plc, one of the 16 primary dealers that are obligated to bid at Treasury auctions. The second-half sales would be more than the total amount of debt sold in all of 2008.

The U.S. will conduct four auctions this week for the first time since the Treasury began issuing securities regularly in 1976. Today’s $8 billion auction of 10-year Treasury Inflation- Protected Securities will be followed by the sale $35 billion of 3-year notes tomorrow, $19 billion of 10-year notes the next day and $11 billion of 30-year bonds on July 9.

Just Dance

by henrycopeland
June 26th, 2009

Have a great weekend!

The economics of printless local news orgs

by henrycopeland
June 26th, 2009

Can they fly? I agree with Jake Dobkin – the numbers are way off. The wrong way. Excel dude is smoking his own VC-focused PPT.

Minnesota Post’s RSS ads

by henrycopeland
June 25th, 2009

Cool idea:

Enterprises that want to get the word out about their products, services or ideas are moving quickly to new media — communicating through social networks like Twitter and by publishing their own blogs.

Of course, the challenge is getting more of the right people to see the messages. MinnPost.com is now offering an innovative solution to this problem: MinnPost.com Real-Time Ads.

For a modest weekly charge, you can show MinnPost’s readers the headlines or brief summaries of these messages you’re already creating, and watch them link to your full messages on your website.

But not quite as cool as our RSS ads, which incorporate up to 7 headlines per advertiser. :)

FTC cracks down on “pay for play”

by henrycopeland
June 22nd, 2009

Deborah Yao of the AP reports:

Many bloggers have accepted perks such as free laptops, trips to Europe, $500 gift cards or even thousands of dollars for a 200-word post. Bloggers vary in how they disclose such freebies, if they do so at all.

The practice has grown to the degree that the Federal Trade Commission is paying attention. New guidelines, expected to be approved late this summer with possible modifications, would clarify that the agency can go after bloggers — as well as the companies that compensate them — for any false claims or failure to disclose conflicts of interest.

It would be the first time the FTC tries to patrol systematically what bloggers say and do online. The common practice of posting a graphical ad or a link to an online retailer — and getting commissions for any sales from it — would be enough to trigger oversight.

“If you walk into a department store, you know the (sales) clerk is a clerk,” said Rich Cleland, assistant director in the FTC’s division of advertising practices. “Online, if you think that somebody is providing you with independent advice and … they have an economic motive for what they’re saying, that’s information a consumer should know.”

Marking “in kind” advertising clearly will not only be a huge boon for the public. If bloggers are to make a living from advertising, transparency and full disclosure are essential.

This could be bad news for players like Payperpost.com.

Here’s a link to the full FTC proposed guidelines.

testing something fun

by henrycopeland
June 19th, 2009

China boycotts US debt?

by henrycopeland
June 18th, 2009

Reuters reports: “According to US Treasury data issued Monday, Beijing owned 763.5 billion dollars in US securities in April, down from 767.9 billion dollars in March.”

We’ve got another trillion or so to borrow in the next year — who we gonna call?

Twitter bashing part 2

by henrycopeland
June 15th, 2009

Another day, another prediction of Twitter’s imminent demise today, this time from one Jason Clark.

Taking a close look at Clark’s arguments against Twitter leaves me more convinced than ever that Twitter is, like the action and community of blogging for certain thoughts and communities, The Real Thing. A New Thing. A Good Thing. A Lasting Thing.

A Real New Good Thing That Will Last.

What are Clark’s arguments?

Noting that Terminal Social Networking Solutions have come and gone over the years — BBS, Usenet, IRC — Clark concludes Twitter is “overhyped on a massive level and predict[s] its obsolescence in a year or less.”

Clark argues, correctly I think, that Twitter may soon be useless as a marketing medium, just as commercial e-mailing became self-defeating spam once too many marketers decided “share” their products via e-mail.

But most of Clark’s arguments miscast Twitter’s strengths as weaknesses.

a) Clark knocks Twitter’s simplicity, predicting that more sophisticated UIs, like Google’s Wave, will trump Twitter. In fact, Twitter hasn’t succeeded despite its simplicity, but because of its simplicity. (Check out this 1 hour and 20 minute video “intro to Wave“… whoeee!)

Twitter is a joy because it strips communication down to its essential elements — give and take, modulate and moderate, share and swap, argue and support — and make these interactions feasible with thousands of people at once. I feel my social and intellectual life is significantly richer as I share ideas, jokes, fragments of personal experience with the (currently) 465 people I follow and the 1736 people who follow me.

b) Clark kvetches that only 30% of users “stick” on Twitter. Given that Twitter depends on network effects — Twitter is not REALLY fun and socially dynamic unless your friends are also using it — this adoption rate is phenomenal for a service that’s only used by <0.2% of Americans.

c) Clark complains that Twitter’s conversations are disorganized, fundamentally crippled by “limited and obscure nomenclature.” Twitter isn’t perfect, but what is?

Twitter lets me sit in a coffee shop eaves-dropping on some of the world’s most fascinating, plugged in people — like my former editor Jon Gage, New York aficionado Amy Langfield, SEO maven Sara Holoubek, media gadfly David Carr, gossip mogul Perez Hilton, wit-whipping Baratunde Thurston, post-slinger Amanda Marcotte, conservative web guru Patrick Ruffini, social spook Amy Senger, progressive bonfire Markos Moulitsas, and Cluetrain/VRM visionary Doc Searls — and sometimes share my thoughts with them.

d) Everyone will leave for some new service with the arrival of “a glut of competition in the next few months, with companies duking it out for the best implementation of the microblogging model.”

Will all the hundreds of fascinating people I follow suddenly emigrate to one new service, dragging me a long? Social network gravity is strong — the odds are greater that the Alps will break loose from continental Europe and spiral off into space.

Twitter has already captured the best and the brightest. There MIGHT be a new Twitter-like service for an articulate, highly networked subset of people who aren’t currently enTwittered — evangelicals, for example. But there is NO WAY one million of America’s best and brightest media freaks are going to decamp en mass to some new service.

Though more powerful communications tools abound, most of the time, I don’t want to do more than what Twitter offers, thank you very much. Suggesting that Twitter will fail because of its simplicity is like saying bicycles would be more fun if they had four wheels, an eight cylinder engine, seat-belts and a glass and steel cage. We’ve got plenty of cars already, I’m happy on my bike.

My bet is that many new people will take to Twitter in the future. Twitter will be bigger and better five years from now than today. Lots won’t, but that’s OK.

(Don’t miss Ken Layne’s hilarious excoriation of Twitter in the comments on this post. Ken would be less agoraphobic if he twittered more. :)