Watch Out Now: The Drama 2.0 Show is Evolving
The New Year is upon us and that means it’s time to take stock of the past year and to plan for the next.
The Drama 2.0 Show launched in June 2007 and over 375 posts and a year and a half later, it came time for me to look at where The Drama 2.0 Show is, how it fits into my life and where it should go (if anywhere).
Loic Le Meur, Michael Arrington: You Will Respect My Authoritah (Even Though I Don’t Know the Difference Between Authority, Reputation and Credibility)
Loic Le Meur is calling for Twitter to change its search algorithm to be “authority-based.” Michael Arrington thinks that’s a good idea.
I don’t use Twitter so I really don’t give a shit about how people search through the noise on Twitter. I frankly don’t know what they’re looking for (there’s no signal). As such, searching for valuable information on Twitter is kind of like searching for a $100 bill at the local sewage treatment plant: even in the rare case that you find what you’re looking for, you still get the shit end of the deal. Literally.
30+ Websites for the Unemployed
Did you lose your job at Yahoo? Did Mahalo ship your job to the Philippines? Were you shocked to learn that Seesmic was not a good career choice?
Are you wondering what to do with all of your free time now that you’re collecting government cheese?
I’m told that posts containing useless lists are good for traffic so I’m going to test this out. Here are websites that are great if you’re unemployed and have a lot of time to kill.
Animals
A Personal Appeal from Wikipedia Founder Jimmy Wales
Dear Reader,
Today I am going to ask you to support Wikipedia with a donation. This might sound unusual: Why does one of the world’s five most popular web properties ask for financial support from its users?
Wikipedia is built differently from almost every other top 50 website. Unlike popular websites, such as Facebook and Digg, We have a small number of paid staff, just twenty-three.
Wikipedia content is free to use by anyone for any purpose, including pedophilia. Our annual expenses are less than six million dollars, which includes my dinners and massages in Moscow. Wikipedia is run by the non-profit Wikimedia Foundation, which I founded in 2003 as a proxy for building my personal brand.
My Last Post on Robert Scoble
To anyone with a normal professional, family and social life, the fact that Robert Scoble has a problem has been obvious for a long time.
In perhaps my harshest criticism of the man to date, I responded to a post in which he noted that he often asks himself whether he should respond to another email or change his son’s diapers, writing:
Scoble has to ask himself whether he should let his child fester in shit or respond to another email?
The Perfect Last-Minute Stocking Stuffer: An Investment Stake in Ning
Doing some last minute shopping for a special someone? Give the gift of double viral hype: an investment stake in Ning.
You’re probably asking “How?” Ning, after all, is a privately-held company. That’s true, but one of its investors is the Legg Mason Opportunity Trust (LMOPX), a mutual fund that you can buy into.
The fund is run by famed manager Bill Miller, who is the proud recipient of San Francisco Chronicle writer Chuck Jaffe’s “The Lump of Coal (mis)manager of the year” award for 2008.
Drama Records Signs ‘Lil Crunchy, Responds to First Round Capital’s Shit Dancing
I’m pleased to announce that Drama Records has signed the up-and-coming rapper ‘Lil Crunchy to its roster of recording artists. ‘Lil Crunchy is one of the most promising West Coast hip hop acts to appear on the scene since Suge Knight and Death Row Records put California on the map with 2Pac, Snoop Dogg and Dr. Dre.
‘Lil Crunchy hails from the tough streets of Atherton, California, got his start hustling as a corporate thug in the Sonsini crime family and set himself up in business after making his own moves smuggling defective IPOs into the public markets in the late 1990s. He’s now the blogosphere’s quintessential New Media mafioso.
Digg: No Money, No Problems
In an article entitled “A Wrench in Silicon Valley’s Wealth Machine”, BusinessWeek reports that financial statements it reviewed for Digg indicate that the circle jerk social news aggregator lost $2.8 million on $4.8 million in revenue in 2007 and lost $4 million on $6.4 million in the first three quarters of 2008.
Not very impressive.
Quite telling: the numbers even caught Web 2.0 smoke-blower Michael Arrington off guard. The man who once wrote “The reason Digg is, and will continue to be, successful is because of the community it has created” and who just months ago commented that Digg’s rumored ~$175 million valuation in its last financing round “seems about right for the company” called Digg’s revenue “sorry” and stated “Digg shouldn’t be losing money.”
Bopaboo: Biggest Online Music Scam Ever?
The online music space has seen its fair share of shady startups. The shadiest in recent memory is BurnLounge, which went out of business after being sued by the Federal Trade Commission for allegedly operating an illegal pyramid scheme.
But a new startup called Bopaboo is perhaps even more audacious. Whereas BurnLounge was a legitimate music service offering legal music as part of a pyramid scheme, Bopaboo appears to simply be a scheme.
New York Times: “When Facebook convinces advertisers to stage Super Bowl-sized entertainment every day, its future will be assured.”
The New York Times picked up the story about Proctor & Gamble’s relationship with Facebook. As I had discussed last month, Ted McConnell, general manager of interactive marketing and innovation at Procter & Gamble, told attendees at a talk hosted by Cincinnati’s Digital Hub Initiative that he “really [doesn’t] want to buy any more banner ads on Facebook.”
The reason was simple: he knew that, by in large, social networks weren’t the type of websites where marketers should be. He asked a salient rhetorical question: “What in heaven’s name made you think you could monetize the real estate in which somebody is breaking up with their girlfriend?”
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