Showing posts with label doomed. Show all posts
Showing posts with label doomed. Show all posts

Tuesday, May 10, 2011

New York City Is Doomed

bloomberg block

STARTUP 2011 -- Marc Cenedella, the CEO and founder of The Ladders, the job site for people looking to make over $100,000, did something few New Yorkers do -- but should -- he took a look at the city's budget summary.

After looking at it, he had a really gloomy take away: "We decreased the number of employees we have, but almost doubled our costs, over the past decade.  This way lay bankruptcy, now or in the future."

We pulled Cenedella aside at the SAI Startup 2011 conference to find out what's going on with New York's budget and how worried we should be.

Marc Cenedella is CEO of TheLadders. Prior to founding TheLadders.com, Marc was a senior vice president at HotJobs.com. Previously, Marc was an associate vice president at The Riverside Company, a New York-based private equity firm. 

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New York City Is Doomed


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Sunday, January 2, 2011

Comment on If an App Is Your Content Strategy, You Are Doomed by Dan

Zineo interested me for a long time but didn't make sense until my iPad. Smithsonian and Car And Driver subs at half or less. See everything in mag with text option for easy reading plus clips or extra pics. Reading at night without turning on lights to bother wife. Very pleased! Also happy with Economist that works about the same. Probably will go without the print version when sub up. From iPad.

Comment on If an App Is Your Content Strategy, You Are Doomed by Dan


Backlink: http://gigaom.com/2010/12/30/if-an-app-is-your-content-strategy-you-are-doomed/#comment-565306

Monday, November 1, 2010

Sorry, Blekko Is Doomed

Blekko

A new search-engine called Blekko just launched. It's the latest in a long line of companies to try to leapfrog Google by providing "better" search results.

Specifically, in Blekko's case, the company is using human input into algorithmic results to screen out content from content farms like Demand Media.

For those who hate Demand Media content--a subset of those who even know they are consuming Demand Media content--this sounds like a fine idea. For those who occasionally find value in some Demand Media content, whether or not they know it's Demand Media content, it doesn't. 

But in any event, Blekko's chances of succeeding using this strategy are tiny.  Here's why:

1. For the most part, search isn't broken.  Google search is generally excellent.  With a few queries, most people can find exactly what they're looking for.

2. When search IS broken, the problem is usually not Demand Media content.  It's because the question you're asking generally isn't well-suited to being answered by algorithmic search.

3. Normal people haven't the faintest idea what "slashtags" are or why they would ever want to use them.  A Blekko proponent in our office says that people don't have to know what slashtags are to use Blekko, but the fact that the company's slogan is "slash the web" is a bad sign. It would be like Google talking about Boolean logic.  "Slashtags" may have some meaning and create excitement in a tiny corner of the world, but if Blekko has any broader ambitions, it should stop talking about them immediately.

Yes, search engines could do a much better job of telling you which restaurants you should eat at, which cameras you should buy, and many other things--but, again, the reason search is weak on those queries generally isn't a Demand Media problem.  It's an imperfect information and subjectivity problem (which is where social media comes in.)

And, more broadly, the reason all next-generation search engines have pretty much failed thus far (including Bing, which is burning $2 billion a year trying to leapfrog Google) is that the current generation of search engines--namely Google--is pretty darn good.

YES, Google needs to keep innovating. YES, Google often goes to sleep at the switch. But NO, a moderate improvement in some search results (arguably) will not vault a new search engine to prominence.

So if Blekko ends up building a big business, it will probably be because it pivoted into something else.

See Also: 10 Startup Ideas That Always Fail

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