
Renee and JD Pre-Conference Dinner Business Blogging BOF

Charlene after her BOF Deborah Schultz Patricia, Denise and Mary

Susan, Mary, and Christine Elisa before her panel John and Anina
Tags: blogher, bloghercon
« June 2005 | Main | August 2005 »

Renee and JD Pre-Conference Dinner Business Blogging BOF

Charlene after her BOF Deborah Schultz Patricia, Denise and Mary

Susan, Mary, and Christine Elisa before her panel John and Anina
Tags: blogher, bloghercon
Posted at 09:54 PM | Permalink | Comments (1) | TrackBack (0)
Session: Blogging for Business – 2:30PM-3:15PM
Panelists:
The panel was actually be self-moderated since Lisa Meyers Brown could not attend to the conference.
The other liveblogger was Nancy Tubbs.
Christine talks her (best in the world job): blogging for a company that has established a communication channel through 4 blogs. The idea came from the CEO (who worked on the Dean campaign) in February 2004, and hired her in March. The blogs launched on April 1st. Christine states that the most important issue for businesses deciding to blog is which audience they want to serve, and how they plan to do so. The most successful blog for Stonyfield Farms is the Bovine Buggle in which the blogger, Jonathan Gates, strikes a personal cord with his readers talking about his farm. The traffic on these blogs took off thanks to 1) the use of banner ads on affiliate sites, and 2) the work of the PR team (who had to be convinced by the CEO) that gave an enormous exposure (coverage by BusinessWeek, WSJ).
The ROI of the campaign is not measured neither in terms of revenue impact or customer satisfaction (which I found surprising), and Stonyfield’s management reportedly does not “care”. They expect that increased goodwill regarding the brand will lead to positive effects (and it seems to have worked on the PR side).
Mary talks about Sun’s blogging infrastructure that was put in place after a number of employee bloggers (who hosted their blogs somewhere else) asked for support from the company. This obviously created a lot of potential issues for Sun (being a public company), especially when it comes to financial disclosure. Their initial blogging policy was (and still is) “Don’t be stupid”, and “don’t put anything out there that can be construed as a forward looking statement”. Sun has decided that they would trust employees to do the right things, and the initiative has been supported by top management. And given the breadth of Sun’s product lines, this was perceived as a great way of serving their large and diverse customer base.
Susan, a consultant, talks about a company blog developed for one of her clients (Software Secure), written at least partially by (happy) customers. A blog was seen as the most appropriate infrastructure to engage with their customers.
What do you need to have a successful customer blog: 1) they need to love, be fans of your products, 2) they need to be online (a good clue is whether there are already fan blogs or buzz in message boards), 3) establish a secure way of engaging with your writers, and 4) let go a bit of control: you can not ask to review posts before they are published.
In this case, there are 5 writers on the blog today - this actually can create the issue of disjointed voice. An important resource is the blog project manager, who administrates the platform. Finding writers implied interviews with clients to identify potential candidates, train them thouroughly, develop FAQs, and get a minimum commitment from them (30 mins per day, with a mimum 6 months involvement ?). Every now and then, the company is sending emails to these writers suggesting some topics, giving them early access to news so that they can blog about these, and commenting on their behalf on other blogs in order to foster a dialogue with the rest of the community (the idea being that they don’t have the time to read other blogs and comment).
Developing a collaborative blog is hard work because of the required involvement of multiple bloggers, and the management of this micro-community.
Q: what sort of guidance does Sun provide to its bloggers.
A: the guidance is still “Don’t be stupid”. Nothing financial-related, or that has not been disclosed by Corporate PR. And write about what you know, i.e what is related to your expertise. In the Business Blogging BOF led by Charlene Li in the morning, Mary explained that Jonathan Schwartz does not seek approval from PR or Legal before publishing on his blog (just spell checking).
Q: How much time can a Sun employee blog ?
A: No limit, but the workload is still the same (i.e Sun does not allocate time for its bloggers to publish)
Q: How do Sun and Storyfield know who their readers are, and which constituency are you addressing ?
A: Christine offers to people the ability to suscribe to her blog(s) posts to receive them by email.
A: Mary’s audience used to be developers, and then realized that Sun execs were reading her as well. And so does a financial analyst covering SUNW, quite critically so.
Q: Blogging as a KM tool ? Do you get pitches from third party companies to write about their products ?
A: Being pitched means that the market has acknowledged you (and your blog) as a reference, and you have to decice whether you want to develop that profile.
Q: How to bootstrap product blogs ?
A: Figure out who is writing about your products, and see whether you can develop a relationship. Example mentioned are Treonauts, published by my friend Andrew Carton, and the Red Room Chronicles, a blog published by Rob Safuto, the producer of Podcast NYC.
Q: Would Mary congratulate competitors on her Sun blog ?
A: Yes. She also talks about the fact that some bloggers are anonymous (such as "ThinGuy" whose blog is reportedly famous for this post), and that Sun supports that.
Q: Why is Sun not “compensating” its bloggers by giving them time to blog, or recognize the benefits ?
A: Mary agrees and talked to her boss about it.
Post-session remarks: Susan was kind enough to detail her experience with the customer blog in two detailed posts on her own blog.
Tags: blogher, bloghercon
Posted at 04:38 PM in Conference & Events | Permalink | Comments (0) | TrackBack (0)
Session: Liveblogging Women who want to fund, build & sell things – 1:30PM-2:15PM
Topic:
Moderator Mary Hodder gets Denise Howell and Patricia Nakache answering questions about doing business from the POV of lawyers, VCs & Angels.
The livebloggers reporting on the sessions were Tony “Buzzhit” Gentile and Tricia.
Mary introduces herself mentioning that she recently started a new company (still in stealth mode), and raised angel money for it. Her blog has been instrumental in succeeding in her fund raising, establishing her ideas and her street creds. She recommends to have an executive summary, a basic financials spreadsheet and a definition of the market and products she is planning to build. And try and raise money from sources that can be a great reference for the company.
Denise Lowell is a lawyer with Reed Smith, one of the 20 largest firms in the US. She explains that she is sitting on the panel because lawyers can help companies get funded: making introductions, giving advice, and supporting a startup team.
Patricia Nakache is with Trinity Ventures, a $1B venture capital firm based on Sand Hill Road (in Menlo Park, CA). Her investment focus is on business and online consumer services. She explains that angels will typically invest their personal capital in opportunities, as they choose. Venture Capitalists act as proxies on behalf of their own investors (Limited Partners) investing in startups with a VC-type return (5X to 10X depending on the stage of the company) as a target. This means (as I wrote a number of times) that only a subset of companie will actually provide VC returns that can be funded by this group.
Mary has been raising/seeking $350K, in multiple tranches. It is difficult for VCs to rationalize an investment of that size, hence the involvement of angels.
Patricia shares a metric, responding to a question on “Where is the money for women”: only 4.5% of venture-funded companies financed in 2004 were led by women.
One of the key questions is: how can women get funded, and are they at a disadvantage when raising capital (Liza Sabater’s stance), especially if they are not building technology.
Mary’s experience (and reputation) are such that in her field (involving social engineering), being a woman has actually not been a disadvantage at all. Adina Levin (a SocialText co-founder) explains that what is key is to show investors the kinds of returns an opportunity can generate, and why you and your team can actually execute on this opportunity.
Another key question is: where are the Angels? How do you find them ? There are a few organized groups (Band of Angels, Tech Coast Angels,…) that can be approached with a business plan. The number one way though is networking, and accessing funding and advice sources through people you know.
Post-session remarks: There are a number of VC bloggers who address elements of the questions that were raised during the session, and could not be addressed due to time constraints. VentureWiki (when it is up) points to a few interesting posts (many from Ross Mayfield) that are worth a read.
Two points: 1) not all businesses are meant to be funded by venture capitalists, who have strict metrics in mind to determine whether a project is “worth their while” (for example, can they feel that you can reach $50M to $100M in revenue over 5 to 7 years), and 2) the best way to access VCs, angels, advisors, etc. is to network: through your friends, colleagues, school alumni, lawyer, accountant, the PTA,… there are people you know who can help reach valuable contacts who will answer for you many of these questions.
Tags: blogher, bloghercon
Posted at 04:33 PM in Conference & Events | Permalink | Comments (0) | TrackBack (0)
About 25 people gathered around Charlene to discuss the use of blogs in a business context. Few real-time tidbits:
Blogging in business, and how it changes the internal dynamics ? Mary from Sun’s PR talked about Jonathan Schwartz’s blog, and the fact that he does not get a review from Sun’s PR or Legal (just spell checking). I asked her why he does not turn on comments or trackbacks on his blog. The answer is that “opening” his blog would create a responsibility (burden ?) to follow up on the dialogue, and it would become a time issue for him. The solution is to email him (provided that you know/guess his email in a first place, since it is not listed on his blog).Tags: blogher, bloghercon
Posted at 10:43 AM in Conference & Events | Permalink | Comments (0) | TrackBack (1)
I will attending BlogHerCon I this Saturday, liveblogging the session on Blogging for Business and translating into French the summary of the conference (I’m so in trouble on this one). I plan to attend the other business focused sessions, including Women who want to fund, build & sell things and $$$ and Sense.
I also attended the pre-conference dinner, at a very nice mexican restaurant. Not surprising given the event, but so unusual compared to the conference attendance I am used to, there were 20 guys max and over 100 bloghers – getting ready for tomorrow. I am really looking forward to the a great program.
Actually, the "unusual" attendance mix is leading to unprecedented "logistics adjustments".
Renee has more about the dinner.
Tags: blogher, bloghercon
Posted at 10:59 PM in Conference & Events | Permalink | Comments (0) | TrackBack (0)
Linus Upson, one of the co-founders of Qurb sent me a note announcing that Computer Associates Acquires Qurb. This is not a real surprise as the anti-spam market is still undergoing a consolidation after acquisitions from Symantec (BrightMail, TurnTide), Sophos (Activestate), Mc Afee (DeerSoft) and Microsoft (FrontBridge) in the space. And there are still a lot of independant players: MailFrontier, CloudMark, Proofpoint,...
The acquisition was actually announced last Tuesday (press release here), but I missed it as I was traveling back to the US.
I hope that the Qurb team did OK in the cash deal (terms not announced). They had licensed their technology to CA for inclusion in its eTrust platform, and as often, got acquired as a logical next step. CA is not renowned to pay great multiples though.
Qurb was actually developing a couple of other products, bundled together in a suite they were selling $29.95: an email search that was ultra-fast (so much faster than LookOut) and that I had been happily using ever since Linus introduced me to it, and an Outlook-based RSS feed reader that was still in beta but included a couple of interesting concepts. The anti-spam product was good, I was not really making use of it since Gmail filters very effectively most of the spam I get.
All the best to the Qurb team for the integration in CA, and to Linus for his pre-announced next move.
Posted at 09:48 PM in Public Markets | Permalink | Comments (0) | TrackBack (0)
We had a great time last Thursday for our dinner. Thanks again to Rodrigo for having picked up a great venue (good food, wine, service and location), and for organizing the logistics of our gathering.
As I wrote a couple of weeks back, there is a lot going on in France these days, and I was delighted to hear about the projects of the entrepreneurs who joined us. Lots of discussions around vertical search, blogging, tagging, funding, etc.
Special kudos to David Guilloteau for having finalized the creation of his new venture, Talent4Jobs, on the day of the dinner. To Thierry Verrecchia for having licensed Atafoto's photo album technology to Fotovista's myPixmania.
And to Yann Lechelle, who was one of my developers 12 years ago (I'm that old ?), for having rolled out 7 deployments of his academic&professional community management platform, and for having built Etheryl on cashflows up until now.
I look forward to hearing more about all these projects as they mature, and look forward to the next installment of the CGSdinner series on my next trip to Paris - most likely in December.
Technorati tag: CGSDinner2
Posted at 04:22 PM in Conference & Events | Permalink | Comments (3) | TrackBack (0)
A few weeks back, there were reports of Rupert Murdoch “getting the Internet” (at least now) and being ready to make some major acquisitions. Here is the first one: MySpace, the “music+social network+cool features+tons of page views and users” company that was started less about two years ago. For how much ? Well, its parent, Intermix Media, was just picked up for $580M – and Intermix bought back for $125M the shares they had sold/granted to Redpoint and MySpace management back in February (that is – 5 months ago).
As discussed with friends at the last SuperNova, MySpace not being a mainstream blogging phenomena – unlike Flickr – did not generate a buzz commensurate to their hypergrowth and stunning numbers (as shown on this blogpulse chart) but the magnitude of the exit consideration surely is!
I am sure that Accel partners felt even better about their investment in Thefacebook this morning.
Check out:
Posted at 05:34 PM in Social Networking, Venture Capital | Permalink | Comments (0) | TrackBack (4)
This is really an addendum to my piece on blog posting tools. I have been catching up on blogs and podcasts over the holidays, working mostly offline. This has allowed me to discover a few issues or annoyances that ought to be addressed eventually by these tools providers.
To vendors of these tools listening to their users through watchlists, do let me know if you have any question.
Posted at 11:47 AM in Tools & Gadgets | Permalink | Comments (1) | TrackBack (0)
After losing the "fruit of my labor" (blog posts) a couple of times because network or server errors, I decided to look for a Windows-based blog posting tool that would allow me to prepare posts offline, save my work locally and post at the first (network connection) opportunity. As I was packing for the holidays, and I knew that Internet access would be limited at least the first week, I started seeking the "perfect" tool - based on my requirements:
Looking around, I found 4 different products, some free, some licensed: Ecto, Qumana, w.bloggar, BlogJet. I was already familiar with the NewsGator Outlook plug-in that offers relatively basic editing capabilities for TypePad.While the latter is useful, it is too limited and does not offer the functionality I outlined.
I ultimately chose to go for BlogJet (4 weeks trial, $39 license), essentially because it offered the best coverage of my requirements. It does the job rather well, as an efficient KISS (Keep It Simple Stupid) implementation of a blog posting tool.
What were the issues with the other tools, and things I liked in them ?
What else would I want to see in BlogJet ? The table functionality is useful (though I am not sure how often I would be using it). I have been having some stability problems, like getting error messages stating that a post could not be uploaded whereas it was. And I would like to be able to set an option for my comment/trackback default settings. Apart from these details, I am quite happy with my selection, having now used it quite a bit.
Posted at 11:40 AM in Blogs & Blogging, Tools & Gadgets | Permalink | Comments (8) | TrackBack (2)



Recent Comments