eBay Stumbles Out of StumbleUpon

StumbleUpon
From the beginning, eBay’s purchase of StumbleUpon was a strategic head scratcher.

For $75-million, eBay picked up a popular online service that provide people with another way to discover interesting Web sites. But it was a move that smacked of either vanity or a blind desire to stop someone else from buying it. Either way, it was a terrible use of capital.

Now eBay has decided to free StumbleUpon (hat tip to GigaOm) by spinning it off. The company is once again controlled by Canadians Garret Camp and Geoff Smith as well as an investment group headed by August Capital. (Note: I wonder if the Alberta government can lure StumbleUpon back to Calgary?)

The key question now facing StumbleUpon is what now? Without out a doubt, it’s a useful and interesting service but can it become anything more than a discovery engine? It will be interesting to see what Camp and Smith will do now that they’ve escaped AuctionLand.

What is particularly intriguing about StumbleUpon is its popularity. According to ReadWriteWeb, StumbleUpon had more than seven million registered users earlier this year. I’m one of those users, although I have to admit not using StumbleUpon in a long time. Not sure why it’s collected dust but it’s one of those services that, in theory, seems worth exploring if there was more time in the day.

More: BoomTown has the StumbleUpon press release.

A Public Apology to My Blog

I owe my blog an apology.

Ever since launching ME Consulting four months ago, I’ve treated it as a second-class citizen. It used to receive my love and attention every day – including weekends – but as business started to happen, it became alright to skip blogging for a day or two.

At first, there was a sense of guilt, like I was cheating on the blog. But the lack of attention was justified because business is, after all, business. And any thoughts or ideas that had to be shared were done using Twitter – a younger, sleeker, sexier entity that’s making blogs look boring and matronly.

Recently, however, I’ve started to have second thoughts have letting my blog collect digital dust.

Some of it has to do with simply having more time to think now that mesh ’09 is over.

Some of it has to do with an inspiring conversation with Mike Masnick, who told me he’s got 95 different ideas for blog posts (many of them contained within tabs on Google Chrome)

Some it has to do with a comment made during a mesh panel by Techmeme’s Gabe Rivera, who said there seems to be fewer independent high-tech bloggers writing insightful posts.

It got me thinking that as more people devote more time to Twitter, there’s an opportunity to stand out from the crowd by giving my blog more love and attention.

I’ve also realized a blog is a different and valuable personal branding tool because it lets you provide insight, perspective and, hopefully, valuable/useful information. It provides people with a sense of what you think and who you are in a way that’s different from Twitter or Facebook updates.

For someone trying to build a business based on the idea of giving people strategic and tactical consulting services, writing a blog is probably the most powerful personal marketing tool in your digital arsenal.

After a trial separation, I think my blog and I have reconciled. It feels like a whole new beginning.

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Twitter: Digital Content Curator

During Mike Masnick’s terrific keynote during mesh, something that grabbed my attention was something he said about Twitter becoming a tool to receive curated content. For example, he’s following someone who’s an expert on copyright, and provides a steady stream of interesting information on stories related to the topic.

Masnick’s take on Twitter resonated with me because it’s exactly where I see the real power of Twitter. While Twitter is certainly great way to connect with people, it’s been a personal online game-changer as a way to access great content that I would have never likely seen.

In many ways, Twitter has become a way to build an effective and interesting team of personal content curators, who comb the Web for interesting, insightful, valuable and entertaining content. Then, my curators deliver this great content in a streamlined package (aka Twitter). In tandem with Techmeme, Hacker News and Filtrbox, I’ve created a small, but effective, set of curation tools.

Twitter’s role as a content curator affects how I use Twitter. It means that adding followers is a methodical process that takes time and effort. Rather than simply following people who follow me, I look at each person, their updates and profiles to see if they’ve got what it takes to join the curation team. I’m looking for people who feature links to content as well as interesting personal insight.

If this approach has any weaknesses, there needs to be a more diversified view of the world. While obviously heavy on technology, I’m looking for some good politics, business and media curators. If you know of anyone who fits the bill, please send them along.

More: You can see Masnick’s keynote on meshTV.

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We Want Skype Back!

So what do you make of Niklas Zennstrom and Janus Friis putting together a bid for Skype?

After selling the business to eBay for $3.1-billion, the New York Times reports the dynamic telecom duo apparently want to buy it back for about $2-billion.

With Skype closing in on $1-billion in annual revenue and, likely, healthy margins, there has to be multiple parties interested in Skype despite the current credit crunch. Even though Skype has been a terrible strategic fit for eBay, the business has surprisingly thrived over the past four years.

In many respects, eBay’s inability to find synergies with Skype has been a blessing by letting Skype continue to operate without many distractions.

For Zennstrom and Friis, regaining control of Skype is an interesting proposition given they have the cash to do anything they want. Clearly, they believe Skype still has huge potential, and they are just the right people to lead it forward.

The other reality is many entrepreneurs suffer from a sense of guilt or loss after they sell their “babies”. Ron Joyce, for example, has openly rued the day that he sold his controlling stake in Tim Horton’s to Wendy’s. While it great to walk away with a bundle of dough, it must be difficult for entrepreneurs to walk away from things in which they have invested so much time, energy and effort.

If Zennstrom and Friis manage to reacquire Skype, it will be interesting to see how they jump-start the business after four lonely years within the eBay empire.

For other views, check out Fred Wilson who adroitly says that “Big companies mostly mess up entrepreneurial companies when they buy them and it really is best that companies like Skype stay independant and run by their founders if that is possible. And it looks like that might be possible with Skype. That makes me happy.”

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mesh Moments

mesh
With mesh ’09 coming to a conclusion, it’s been great to get some sleep, play some hockey, spend time with family and reflect on the mesh that was.

Here are some of my personal highlights:

- The keynote by Jessica Jackley was inspiring. As important, she is one of the nicest and most enthusiastic people that I’ve met at mesh.

- It was great to see PepsiCo social media guru Bonin Bough have long, animated conversations with all kinds of people before and after his keynote. At the after-party, Bonin was still going strong.

- Having David Miller (right) charm the audience by Twittering during his fireside chat. While you don’t have to agree with his politics, Miller seems to get technology and the role it needs to play if Toronto wants to thrive in the future.
David Miller
- Watching Stuart MacDonald (@stuartma) transform himself into a videographer after becoming addicted to a Flip camera. You can see his videos – and those of many attendees – here.

- The conversations (aka mesh-ing) that happened between the keynotes, panels and workshops. As much as we spend a lot of time focused on having great content, the opportunity to network with all kinds of people from a wide variety of places and sectors is what makes mesh such a great place to be.

- The amazing amount of video that was filmed, edited and posted. Thanks to Roz, Mark McKay, mDialog and FileMobile! There’s lot of video at MyMedia and mesh TV.

- The patience everyone showed during my social media marketing workshop when it looked like my PowerPoint wasn’t going to be shown on the big screen. It was also great to see people have a conversation during the workshop and exchange ideas. Given it was the last session of the second day (aka The Mike Masnick Slot), it was great to see a room full of engaged people!

- A full house at meshU.

- Great sponsors, fantastic technology partners, enthusiastic volunteers, and great food!

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Will Twitter Kill Conference Q&A?

Q&A
A couple of years ago, Twitter exploded onto the scene during the SXSW conference a couple of years ago, it added a new and exciting wrinkle where people could have an active backchannel about what was happening on and off stage.

During the first day of mesh yesterday, the use of Twitter during a conference took a new and interesting twist as a way to handle Q&A. As a way to solicit questions from the audience during our keynotes (Mike Masnick, Jessica Jackley), we asked attendees to send their questions using the hashtag #askmesh.

It was an interesting way to pull questions in a large venue when some people may be reluctant to raise their hands and stand up. The questions via Twitter started to flow in, letting us pick and choose the most interesting ones. All in all, it worked really well.

What we learned, however, was #askmesh didn’t work as well during the panels when there were fewer people. In a more intimate setting in which asking a question lets attendees connect with panelists, the use of Twitter seemed to de-personalize things.

It was funny, for example, to pull a question from Twitter, only to discover the person who sent it in was sitting behind the person on the laptop handling #askmesh. And when panelists were answering #askmesh questions, they didn’t know whether to talk to someone in the audience or the person processing the #askmesh questions.

One thing I wondered about is whether you could do a panel without a moderator by using Twitter as your Q&A mechanism. The questions from the audience would appear on a large screen, and the panelists could pick the most interesting questions or perhaps the questions that trended the biggest.

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