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Posts Tagged ‘mashable’

Article from SFGate.

“RootMusic, a San Francisco startup that helps artists such as Rihanna, Katy Perry and Arcade Fire connect with their Facebook fans, received additional venture funding Wednesday amid reports that the social-networking giant is close to offering its own music service.

RootMusic, which says it has about 32 million monthly active users for its BandPage platform on Facebook, announced a $16 million round of financing led by GCV Capital.

The platform adds a page for fans to hear and share songs, watch video and view concert dates. The company was started in March 2010, but already more than 250,000 bands around the world use BandPage, and usage has increased tenfold since January, said RootMusic CEO J Sider.

There have been various reports that Facebook is ready to release its own music service. On Tuesday, CNBC, Mashable and other outlets reported that Facebook plans to announce a music platform at its f8 developer conference in San Francisco on Sept. 22, with Spotify, MOG and Rdio as partners.

Facebook spokesman Larry Yu would not comment directly on those reports or what’s coming for f8, but said in a statement that “many of the most popular music services around the world are integrated with Facebook and we’re constantly talking to our partners about ways to improve these integrations.”

Sider said he views a potential Facebook music platform as complementary to BandPage.

“If something like this would happen, it would raise awareness that as a fan, (Facebook’s) where I should go first to find information.”

The Facebook music drumbeat might prove to be sour notes for former social-networking rival Myspace, which has been trying to reposition itself as a destination for music. Indeed, RootMusic’s slogan entices musicians to “Make the Move to BandPage on Facebook.”

Read more here.

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Oracle, Dell, Xerox and now HP – the high tech world as we knew it is changing fast. Companies that previously stood their ground and was seen as pillars of innovation are know swallowed into mega-companies that will challenge the marketplace with new services, products and offerings. Here is some selected tidbits from BusinessWeek in regards to the deal.

“Through its acquisition of networking gear maker 3Com, Hewlett-Packard will accelerate competition with Cisco Systems (CSCO), especially in China, practically overnight. Then comes the hard part. To make the most of the $2.7 billion deal, HP also needs to revitalize 3Com’s faded brand and persuade Western companies to take a chance on its products, designed largely in Asia.

Analysts were quick to see the logic in the planned acquisition, announced on Nov. 11. HP (HPQ) is attacking Cisco’s dominance of the market for gear that connects computers just as Cisco moves more aggressively into the market for computer systems, where HP is strong. Cisco on Nov. 3 struck a partnership with storage company EMC (EMC) and software company VMware (VMW) aimed atsupplying bundles of computers, storage, networking, and software.”

The article continues…

“HP’s bigger challenge in making the deal a success will be removing the tarnish that remains on the 3Com ‘s brand in the U.S. and Europe as a result of years of mismanagement. While 3Com’s data-center networking gear has about 35% of the Chinese market, it’s practically absent from the largest companies in the U.S. and Europe, analysts say.”

Read the full article here.

Other good resources for this topic include: Barrons, WSJ, 24/7 Wall St., Mashable & Techcrunch.

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Here is an excellent article from Andrew at Mixergy.com

Guy Kawasaki, the investor, entrepreneur and best selling author, just wrote a new book called Reality Check. The book is a collection of practical ideas for building a successful business. With the book in mind, I asked him for a few reality checks for Mashable readers. Here are seven:

Reality Check #1: Do one thing well

If your startup tries to do too much, you’ll lose. Guy told me, “I meet companies every day who say, ‘well we’re software services, and we’re also consulting. And we are a social networking site, but we also do white labeling in case you want to use our technology to do your own social network.’ And you know what, it’s hard to do any one of those things, try doing four.”

Reality Check #2: Court your thunder lizards

Quit pretending that you’re smarter than your community. Find ways to act on the energy of your “thunder lizards,” Guy’s term for your most passionate community members. Guy does that at Alltop, his RSS aggregation site.

“There are some people who not only suggest topics for Alltop, they send us their OPML files with all the feeds that should be in those topics. All we had to do there is have an open mind to having other people contribute to the community and to the quality of Alltop. But many, many companies will refuse that help. They’ll say, ‘NO. We know better.’”

Reality Check #3: Be crappy

Stop working on making your product perfectly perfect before you launch it. “You need to ship something that’s truly different and valuable and all that, but version 1 doesn’t have to be perfect,” says Guy. “Version 1 of Alltop had only 12 topics. We didn’t exactly have critical mass. If we had waited till we had 500, we’d still be waiting today. Once you have an idea…you ship it and then you test as you go.”

Reality Check #4: Learn to steal

You don’t have to invent your best business ideas. Guy has said many times that he created Alltop by copying popurls, an aggregations site that focused on a narrow set of subjects.

“Popurls was sending Truemors [a site Guy launched previously] so much traffic. And so we looked at what the hell is this popurls thing sending us as much traffic as Google. And then I got to know the creator of popurls and I asked him if he was going to do anything besides tech and business. And he said, ‘no.’ So I said, alright, I’m going to do them all.”

Reality Check #5: Hire “blindly”

Without realizing it, employers bring biases into job interviews. To hire smarter, Guy suggests doing your interviews over the phone–without seeing applicants. ”When you do things in person,” he said, “because of the person’s physical nature–attractive/unattractive, sloppy/not sloppy, fashionable/not fashionable–you make these judgment and it changes the interview. Where if you didn’t see the person and didn’t know what he/she looked like or smelled like or dressed like, I think it’s a much more objective interview.”

Reality Check #6: Just build it already

This is a tough market for raising money. Before you waste your time trying to raise money, work on building your product. “I think now, you truly have to show up with a prototype and even better a working site,” he told me. “You can no longer say, ‘give me a few million bucks and trust me I’ll build it.’ Now you have to show up with something that’s done.” After doing that, you might find that you don’t even need investors’ money.

Reality Check #7: Be honest

How’s this for openness? I asked Guy about his crowning achievement as a venture capital investor. “I don’t have a crowning touch,” he told me. “I believe I am still not proven as a VC. … I haven’t picked a Google, Yahoo, Apple or Cisco. I want to, but I haven’t.”

Have you heard another VC admit that? I haven’t. But it’s the kind of openness that helped Guy’s readers trust his honesty.

Now it’s your turn to hit us with a reality check. What do you think startups need to know about building companies in this environment?

More on this article, visit Mashable here

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Online communities have for quite some time been on everyone´s lips. Second Life and it´s creator Linden Labs have shown that a virtual economy can generate cash. Another one that recently reached a major milestone is Habbo Hotel. as they moved beyond 100 million avatars created, it does represent a solid business case.

Stardoll, Age of conan, WoW and other MMORPG communities keep pushing their products out and generate tons of cash. My wonder is if the online devices like iPhone will start make the heavy graphics environment look good enough on the device. As the networks keep expanding its capacities, and devices gets richer – it is only a matter of time before someone makes it happens.

Read more at Mashable here

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Where web 2.0 brought us nice features and video, it have had a hrad time producing business models that enables solid buiness plans. One new company, Videorix emplain themselfs as being a “self-service marketplace connecting advertisers with publishers of online-videos“. Walking the well established path of Goggle AdWords, this may be one way of generating some cash on all those videos that are everywhere on the web.

Here is a good piece Mashable:

“The system is still in very early development, and according to the creator, Nadim Elgarhy, the system is still in development, working out the kinks. As a result, the place isn’t exactly flush with advertisers, yet, but there’s an introductory offer from Nadim to promote the system itself. It’s not a particularly lucrative offer, but it shows what could be possible if the system becomes as well used as the IZEA system as well.

The system seems to pay no regard to CPMs, going with a blanket flat-fee sponsorship model. There doesn’t seem to be any ranking system as of yet, but with a little tweaking (and a lot more advertisers), this particular system could end up being a real decent marketplace for those breaking into the video realm to see a little return on their time investment.

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