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	<title>BoomTown &#187; Slide</title>
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	<link>http://kara.allthingsd.com</link>
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		  <title>All Things Digital</title>
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		<title>Is Google Scary? Not to Silicon Valley, Even at a Party for a Book About How Scary It Could Be!</title>
		<link>http://kara.allthingsd.com/20091112/is-google-scary-not-to-silicon-valley-even-at-a-party-for-a-book-about-how-scary-it-could-be/</link>
		<comments>http://kara.allthingsd.com/20091112/is-google-scary-not-to-silicon-valley-even-at-a-party-for-a-book-about-how-scary-it-could-be/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 09:21:47 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[search]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[book]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[CBS]]></category>
		<category><![CDATA[classified]]></category>
		<category><![CDATA[Craig Newmark]]></category>
		<category><![CDATA[David Krane]]></category>
		<category><![CDATA[food]]></category>
		<category><![CDATA[Ken Auletta]]></category>
		<category><![CDATA[Max Levchin]]></category>
		<category><![CDATA[movie]]></category>
		<category><![CDATA[party]]></category>
		<category><![CDATA[power]]></category>
		<category><![CDATA[PR]]></category>
		<category><![CDATA[Quincy Smith]]></category>
		<category><![CDATA[Ron Conway]]></category>
		<category><![CDATA[San Francisco]]></category>
		<category><![CDATA[Slide]]></category>
		<category><![CDATA[Soylent Green]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=20552</guid>
		<description><![CDATA[While at a book party for author Ken Auletta in San Francisco last night, BoomTown took the opportunity to ask those gathered whether they were scared or not of Google and its growing power.

The Auletta book covers a lot about the search giant, but also drills in on how many have become increasingly wary of Google's hegemony over key businesses on the Web.

Nonetheless, the Silicon Valley types I queried were not even slightly worried and, oddly enough, many mentioned how they loved the food served up at the Googleplex.

Hmmmm....]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/11/soylent_green-749218.gif"><img src="http://kara.allthingsd.com/files/2009/11/soylent_green-749218-249x225.gif" alt="soylent_green-749218" title="soylent_green-749218" width="249" height="225" class="alignright size-medium wp-image-20558" /></a></p>
<p>While at a <a href="http://kara.allthingsd.com/20091112/author-ken-auletta-talks-about-google-and-its-lack-of-emotional-intelligence/">book party for author Ken Auletta</a> in San Francisco last night, BoomTown took the opportunity to ask those gathered whether they were scared or not of Google and its growing power.</p>
<p>The Auletta book covers a lot about the search giant, but also drills in on how traditional media and advertising, as well as the government, have all become increasingly wary of Google&#8217;s hegemony over key businesses on the Web.</p>
<p>But as it turned out, the Silicon Valley types I queried had nothing but attaboys for Google (GOOG). Oddly enough, many mentioned how they love the food served up at the Googleplex.</p>
<p>Here&#8217;s the video of the interviews, with scary up-close shots, with investor&#8211;including in Google&#8211;Ron Conway, almost-not CBS (CBS) Web dude/almost investment dude Quincy Smith, online classified czar Craig Newmark, Slide CEO Max Levchin and Google PR honcho David &#8220;I <em>love</em> my Soylent Green&#8221; Krane (see pertinent movie video clip below):</p>
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<p><object width="320" height="265"><param name="movie" value="http://www.youtube.com/v/8Sp-VFBbjpE&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/8Sp-VFBbjpE&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="320" height="265"></embed></object></p>
<p><em>Please see <a href="http://allthingsd.com/about/kara-swisher/ethics/">this disclosure</a> related to me and Google.</em></p>
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			<wfw:commentRss>http://kara.allthingsd.com/20091112/is-google-scary-not-to-silicon-valley-even-at-a-party-for-a-book-about-how-scary-it-could-be/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<title>Kara Visits Slide's New HQ in San Francisco!</title>
		<link>http://kara.allthingsd.com/20090720/kara-visits-slides-new-hq-in-san-francisco/</link>
		<comments>http://kara.allthingsd.com/20090720/kara-visits-slides-new-hq-in-san-francisco/#comments</comments>
		<pubDate>Mon, 20 Jul 2009 17:22:40 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[dog]]></category>
		<category><![CDATA[Max Levchin]]></category>
		<category><![CDATA[San Francisco]]></category>
		<category><![CDATA[Slide]]></category>
		<category><![CDATA[start-up]]></category>
		<category><![CDATA[tour]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=16032</guid>
		<description><![CDATA[Along with a long interview I did with Slide founder and CEO Max Levchin, BoomTown also got a tour of the Web 2.0 start-up's new San Francisco HQ from him.

Here's the video of the visit...]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/07/071609atdslide2009.jpg"><img src="http://kara.allthingsd.com/files/2009/07/071609atdslide2009-150x150.jpg" alt="071609atdslide2009" title="071609atdslide2009" width="150" height="150" class="alignright size-thumbnail wp-image-16033" /></a></p>
<p>Along with a long interview BoomTown did with Slide founder and CEO Max Levchin&#8211;<a href="http://kara.allthingsd.com/20090720/slides-max-levchin-talks-about-web-20-redux/">which you can see here</a>&#8211;he also gave me me a tour of the Web 2.0 start-up&#8217;s new San Francisco HQ.</p>
<p>Here&#8217;s the video of the visit to the maker of social networking software applications, which included a big hello from Levchin&#8217;s dog:</p>
<div class="video-wsj"><object width="380" height="216"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=5950BF7E-5D41-4350-9739-D727DB6DB8A2&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={5950BF7E-5D41-4350-9739-D727DB6DB8A2}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="380" height="216" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object>
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			<wfw:commentRss>http://kara.allthingsd.com/20090720/kara-visits-slides-new-hq-in-san-francisco/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Slide's Max Levchin Talks About Web 2.0, Redux!</title>
		<link>http://kara.allthingsd.com/20090720/slides-max-levchin-talks-about-web-20-redux/</link>
		<comments>http://kara.allthingsd.com/20090720/slides-max-levchin-talks-about-web-20-redux/#comments</comments>
		<pubDate>Mon, 20 Jul 2009 09:27:54 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[econalypse]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[application]]></category>
		<category><![CDATA[brand]]></category>
		<category><![CDATA[content]]></category>
		<category><![CDATA[display]]></category>
		<category><![CDATA[Fidelity]]></category>
		<category><![CDATA[Max Levchin]]></category>
		<category><![CDATA[MySpace]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[San Francisco]]></category>
		<category><![CDATA[Slide]]></category>
		<category><![CDATA[SuperPoke]]></category>
		<category><![CDATA[T. Rowe Price]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[widget]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=16021</guid>
		<description><![CDATA[Almost two years ago, just as Web 2.0 was heating up, BoomTown did a video interview with Slide founder and CEO Max Levchin.

Soon after, the popular maker of widgets and other social networking applications grabbed a big pile of cash from new investors, which put the value of the company at $550 million.

But that was before the recession hit, as well as a generally more sober outlook for a lot of high-flying Silicon Valley darlings like Slide, which have had to wise up a little and get down to business.

So, it was time for another chat with Levchin to find out what's what.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/07/slide_logo.png"><img src="http://kara.allthingsd.com/files/2009/07/slide_logo.png" alt="slide_logo" title="slide_logo" width="207" height="100" class="alignright size-full wp-image-16022" /></a></p>
<p>Almost two years ago, just as Web 2.0 was heating up, BoomTown <a href="http://kara.allthingsd.com/20070917/kara-visits-slides-max-levchin-part-1/">did a three-part interview with Slide founder and CEO Max Levchin</a>.</p>
<p>Soon after, the popular maker of social networking applications, often called widgets, grabbed a big pile of cash from new investors&#8211;$50 million from Fidelity and T. Rowe Price&#8211;which put the value of the company at $550 million.</p>
<p>So, it was high-time for another visit to see him, especially after the recent recession has forced a lot of high-flying Silicon Valley darlings like Slide to wise up a little and get down to business.</p>
<p>That has meant tightening up costs, abandoning some business plans and drilling down on others. </p>
<p>Previously, Slide’s financial strategy had included making money from selling premium versions of its software, as well as selling advertisers on its large, although disparate, audience with display ads.</p>
<p>Now, says Levchin, it is still about premium products, but also about selling a brand &#8220;experience&#8221; rather than less effective and increasingly commoditized network-style advertising. </p>
<p>The products have also evolved, although Slide still essentially makes a wide range of innovative widgets that have been attracting many millions of users each. They include everything from slide shows to a software program called SuperPoke that allows a user to poke another in a super way.</p>
<p>A lot of Slide&#8217;s initial growth had been through taking advantage of the popularity of MySpace and Facebook.</p>
<p>But, since then, the company has been trying to be a kind of distributed content and application company that is not wholly dependent on large platforms. </p>
<p>Here&#8217;s a video of my interview with Levchin at Slide&#8217;s new HQ in San Francisco:</p>
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			<wfw:commentRss>http://kara.allthingsd.com/20090720/slides-max-levchin-talks-about-web-20-redux/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Twitter's a Big Baby! Apple iPhone's AT&amp;T Problem! MySpace's Blues! No One's Gonna Pay for This Blog! Poll-Crazy at D7</title>
		<link>http://kara.allthingsd.com/20090605/twitters-a-big-baby-apple-iphones-att-problem-myspaces-blues-no-ones-gonna-pay-for-this-blog-we-went-poll-crazy-at-d7/</link>
		<comments>http://kara.allthingsd.com/20090605/twitters-a-big-baby-apple-iphones-att-problem-myspaces-blues-no-ones-gonna-pay-for-this-blog-we-went-poll-crazy-at-d7/#comments</comments>
		<pubDate>Fri, 05 Jun 2009 17:48:06 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[D: All Things Digital]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[Arianna Huffington]]></category>
		<category><![CDATA[AT&T]]></category>
		<category><![CDATA[Biz Stone]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[conference]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[D7]]></category>
		<category><![CDATA[Evan Williams]]></category>
		<category><![CDATA[geek]]></category>
		<category><![CDATA[Huffington Post]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[market research]]></category>
		<category><![CDATA[MySpace]]></category>
		<category><![CDATA[Owen Van Natta]]></category>
		<category><![CDATA[Penn Schoen & Berland Associates]]></category>
		<category><![CDATA[poll]]></category>
		<category><![CDATA[porn]]></category>
		<category><![CDATA[Randall Stephenson]]></category>
		<category><![CDATA[Slide]]></category>
		<category><![CDATA[speaker]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=14220</guid>
		<description><![CDATA[Hey, politicians aren't the only ones who get to do fancy polls!

Walt and I had a bunch of them about a variety of tech topics that we pulled out to ambush, ooops, pose to speakers at our seventh D: All Things Digital conference last week, which we commissioned from Penn, Schoen &#38; Berland Associates.

Check our our lovely graphs here.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/06/robic-clipboard-m457jpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/06/robic-clipboard-m457jpg-250x250.jpg" alt="robic-clipboard-m457jpg" title="robic-clipboard-m457jpg" width="250" height="250" class="alignright size-medium wp-image-14229" /></a></p>
<p>Hey, politicians aren&#8217;t the only ones who get to do fancy polls!</p>
<p>Walt and I had a bunch of them about a variety of tech topics that we pulled out to ambush, <em>ooops</em>, pose to speakers at our seventh <strong>D: All Things Digital</strong> conference last week.</p>
<p>For the <a href="http://d7.allthingsd.com/speakers/"><strong>D7</strong></a>, we commissioned a study of digital trends from <a href="http://www.psbresearch.com/">Penn, Schoen &#038; Berland Associates</a> (PSB), a global market research and consulting company and a conference production partner.</p>
<p>PSB conducted 1,005 interviews within the general U.S. population&#8211;you know, <em>real people</em> who are not geeked out.</p>
<p>One showed&#8211;despite Silicon Valley hype&#8211;how Twitter was still in its infancy, in awareness, engagement and size, which we got Co-founders <a href="http://d7.allthingsd.com/speakers/biz-stone/">Biz Stone</a> and <a href="http://d7.allthingsd.com/speakers/evan-williams/">Evan Williams</a> to react to onstage. (They could care less.)</p>
<p>Another showed that the biggest problem that users of the Apple (AAPL) iPhone cited was the poor AT&#038;T (T) network. (Sorry, <a href="http://d7.allthingsd.com/speakers/randall-stephenson/">Randall Stephenson</a>!)</p>
<p>Another looked at the declines in usage of the MySpace social networking site, which we know its new CEO <a href="http://d7.allthingsd.com/speakers/owen-van-natta/">Owen Van Natta</a> enjoyed reacting to in front of the crowd. (Okay, he did not enjoy it.)</p>
<p>Also, no one is paying for subscriptions to blogs, which the Huffington Post impresario <a href="http://d7.allthingsd.com/speakers/arianna-huffington/">Arianna Huffington</a> said was okay, since consumers will only fork over money for &#8220;very weird porn.&#8221; (Yes, she said that!)</p>
<p>In any case, here is a selection of slides that were shown and discussed during various <a href="http://d7.allthingsd.com/speakers/">speaker sessions</a>.</p>
<p>Click on any slide below to enlarge, then hit &#8220;next&#8221; or &#8220;previous&#8221; on either side of the slides to page through.</p>
<p><span id="more-14220"></span></p>


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<ul class="thumbwrap"><li><div><a href="http://photos.allthingsd.com/549422354_gxyku-L.jpg" title="Walt and Kara commissioned a study from Penn, Schoen &amp; Berland Associates (PSB) for the D7 conference." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549422354_gxyku-Th.jpg" alt="Walt and Kara commissioned a study from Penn, Schoen &amp; Berland Associates (PSB) for the D7 conference." /></span><span class="caption">Walt and Kara commissioned a study from Penn, Schoen &#038; Berland Associates (PSB) for the D7 conference.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549420679_tve58-L.jpg" title="Leaders in the smart phone market." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549420679_tve58-Th.jpg" alt="Leaders in the smart phone market." /></span><span class="caption">Leaders in the smart phone market.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549422293_cdMRW-L.jpg" title="Mobile app pricing and pricing sensitivity." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549422293_cdMRW-Th.jpg" alt="Mobile app pricing and pricing sensitivity." /></span><span class="caption">Mobile app pricing and pricing sensitivity.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549422219_rvE9E-L.jpg" title="Primary reasons why consumers don't own iPhones." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549422219_rvE9E-Th.jpg" alt="Primary reasons why consumers don't own iPhones." /></span><span class="caption">Primary reasons why consumers don&#8217;t own iPhones.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549422150_tSzm8-L.jpg" title="Search engine providers by market share." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549422150_tSzm8-Th.jpg" alt="Search engine providers by market share." /></span><span class="caption">Search engine providers by market share.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549422094_rEkDP-L.jpg" title="How consumers choose search engines." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549422094_rEkDP-Th.jpg" alt="How consumers choose search engines." /></span><span class="caption">How consumers choose search engines.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549422001_tjWvA-L.jpg" title="Market share across social networking platforms." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549422001_tjWvA-Th.jpg" alt="Market share across social networking platforms." /></span><span class="caption">Market share across social networking platforms.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421924_3tbKf-L.jpg" title="MySpace user behavior." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421924_3tbKf-Th.jpg" alt="MySpace user behavior." /></span><span class="caption">MySpace user behavior.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421859_gYAaL-L.jpg" title="Reasons that consumers use MySpace less frequently." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421859_gYAaL-Th.jpg" alt="Reasons that consumers use MySpace less frequently." /></span><span class="caption">Reasons that consumers use MySpace less frequently.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421764_fatvj-L.jpg" title="Usage patterns for Twitter." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421764_fatvj-Th.jpg" alt="Usage patterns for Twitter." /></span><span class="caption">Usage patterns for Twitter.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421702_cBYsE-L.jpg" title="Why do you tweet?" rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421702_cBYsE-Th.jpg" alt="Why do you tweet?" /></span><span class="caption">Why do you tweet?</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421628_PNK5b-L.jpg" title="User attitudes towards monetizing Twitter." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421628_PNK5b-Th.jpg" alt="User attitudes towards monetizing Twitter." /></span><span class="caption">User attitudes towards monetizing Twitter.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421522_4oeSG-L.jpg" title="Do you plan to buy a netbook?" rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421522_4oeSG-Th.jpg" alt="Do you plan to buy a netbook?" /></span><span class="caption">Do you plan to buy a netbook?</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421435_TkxrS-L.jpg" title="Consumers are not yet familiar with &quot;cloud computing.&quot;" rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421435_TkxrS-Th.jpg" alt="Consumers are not yet familiar with &quot;cloud computing.&quot;" /></span><span class="caption">Consumers are not yet familiar with &#8220;cloud computing.&#8221;</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421349_2PLoz-L.jpg" title="Knowledge of corporate social responsibility is lacking." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421349_2PLoz-Th.jpg" alt="Knowledge of corporate social responsibility is lacking." /></span><span class="caption">Knowledge of corporate social responsibility is lacking.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421245_oNyzL-L.jpg" title="Commitment to community is most important criteria." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421245_oNyzL-Th.jpg" alt="Commitment to community is most important criteria." /></span><span class="caption">Commitment to community is most important criteria.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421154_yTa9k-L.jpg" title="Newspapers are still very popular online sources." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421154_yTa9k-Th.jpg" alt="Newspapers are still very popular online sources." /></span><span class="caption">Newspapers are still very popular online sources.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549421062_Mo33c-L.jpg" title="Few consumers pay for subscriptions to online content." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549421062_Mo33c-Th.jpg" alt="Few consumers pay for subscriptions to online content." /></span><span class="caption">Few consumers pay for subscriptions to online content.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549420970_36D66-L.jpg" title="Pricing sensitivity for online content." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549420970_36D66-Th.jpg" alt="Pricing sensitivity for online content." /></span><span class="caption">Pricing sensitivity for online content.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549420885_4Jzh7-L.jpg" title="Some consumers are willing to pay for news, especially in tech and finance." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549420885_4Jzh7-Th.jpg" alt="Some consumers are willing to pay for news, especially in tech and finance." /></span><span class="caption">Some consumers are willing to pay for news, especially in tech and finance.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549420817_zdsBv-L.jpg" title="Most consumers wouldn't pay for blogs." rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549420817_zdsBv-Th.jpg" alt="Most consumers wouldn't pay for blogs." /></span><span class="caption">Most consumers wouldn&#8217;t pay for blogs.</span></a></div></li><li><div><a href="http://photos.allthingsd.com/549420763_37aak-L.jpg" title="Who should improve broadband in the U.S.?" rel="lightbox[wp-smugmug-14220]"><span class="wrimg"><span></span><img src="http://photos.allthingsd.com/549420763_37aak-Th.jpg" alt="Who should improve broadband in the U.S.?" /></span><span class="caption">Who should improve broadband in the U.S.?</span></a></div></li></ul><div style="clear: both;"></div></div><div style="clear: both;"></div>
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		<title>Yahoo First-Quarter '09 Financial Highlights: The Slides</title>
		<link>http://kara.allthingsd.com/20090422/yahoo-first-quarter-09-financial-highlights-the-slides/</link>
		<comments>http://kara.allthingsd.com/20090422/yahoo-first-quarter-09-financial-highlights-the-slides/#comments</comments>
		<pubDate>Wed, 22 Apr 2009 09:34:41 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Yahoo]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[F-bomb]]></category>
		<category><![CDATA[liveblog]]></category>
		<category><![CDATA[results]]></category>
		<category><![CDATA[Slide]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=12678</guid>
		<description><![CDATA[For those who cannot get enough of either a report on Yahoo's first-quarter earnings or a liveblog of its conference call on the subject, here are the slides the company released about the results.

Yes, BoomTown is dropping the F-Bomb--that would be for financial slides for Yahoo--so get your mind out of the gutter!

Enjoy the charts!]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/04/abacus-1-ajhdjpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/abacus-1-ajhdjpg-250x200.jpg" alt="abacus-1-ajhdjpg" title="abacus-1-ajhdjpg" width="250" height="200" class="alignright size-medium wp-image-12682" /></a></p>
<p>For those who cannot get enough of either a <a href="http://kara.allthingsd.com/20090421/yahoo-first-quarter-results-are-as-meh-as-expected-will-cut-five-percent-of-staff-plus-the-full-press-release/">report on Yahoo&#8217;s first-quarter earnings</a> or a <a href="http://kara.allthingsd.com/20090421/liveblogging-the-yahoo-earnings-conference-call-it-depends-on-your-definition-of-what-wow-is/">liveblog of its conference call</a> on the subject, here are the slides the company released about the results.</p>
<p>Yes, BoomTown is dropping the <em>F-Bomb</em>&#8211;that would be for financial slides for Yahoo (YHOO)&#8211;so get your mind out of the gutter!</p>
<p>Here they are (click on the little screen icon to make larger):</p>
<div style="width:425px;text-align:left" id="__ss_1323615"><a style="font:14px Helvetica,Arial,Sans-serif;display:block;margin:12px 0 3px 0;text-decoration:underline;" href="http://www.slideshare.net/guestdddfda4/yhoo-1-q09-earnings-presentation-final?type=powerpoint" title="Yhoo 1 Q09 Earnings Presentation Final">Yhoo 1 Q09 Earnings Presentation Final</a><object style="margin:0px" width="425" height="355"><param name="movie" value="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=yhoo1q09earningspresentationfinal-090421161449-phpapp01&#038;stripped_title=yhoo-1-q09-earnings-presentation-final" /><param name="allowFullScreen" value="true"/><param name="allowScriptAccess" value="always"/><embed src="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=yhoo1q09earningspresentationfinal-090421161449-phpapp01&#038;stripped_title=yhoo-1-q09-earnings-presentation-final" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="313"></embed></object>
<div style="font-size:11px;font-family:tahoma,arial;height:26px;padding-top:2px;"></div>
</div>
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		<title>There's No Biz Like No Biz at Twitter! (And Will Google Swoop In Before It All Comes Crashing Down?)</title>
		<link>http://kara.allthingsd.com/20090213/theres-no-biz-like-no-biz-at-twitter-and-will-google-swoop-in-before-it-all-comes-crashing-down/</link>
		<comments>http://kara.allthingsd.com/20090213/theres-no-biz-like-no-biz-at-twitter-and-will-google-swoop-in-before-it-all-comes-crashing-down/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 22:41:58 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[Benchmark Capital]]></category>
		<category><![CDATA[Biz Stone]]></category>
		<category><![CDATA[Calgon]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[Don't Stop Believin']]></category>
		<category><![CDATA[Il Fornaio]]></category>
		<category><![CDATA[IVP]]></category>
		<category><![CDATA[Journey]]></category>
		<category><![CDATA[Kool-Aid]]></category>
		<category><![CDATA[Max Levchin]]></category>
		<category><![CDATA[microblogging]]></category>
		<category><![CDATA[Palo Alto]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[Slide]]></category>
		<category><![CDATA[The Sopranos]]></category>
		<category><![CDATA[valuation]]></category>
		<category><![CDATA[venture capitalist]]></category>
		<category><![CDATA[YouTube]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=9792</guid>
		<description><![CDATA[Since BoomTown constantly called the $15 billion valuation of Facebook "insane" when Microsoft forked over $240 million in 2007, and gave Slide's Max Levchin a very hard time when his widget company got a $550 million valuation a year ago, it's only fair that I say something equally appropriate about Twitter.

The hot microblogging service just got its very own $250 million valuation, but without a dime of revenue in sight. (I know, Bijan, it's coming, it's coming!)

After all, Facebook and Slide got their funding in boom times and here we are hurtling toward a possible Depression: The Sequel.

But I am torn.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/02/pigsfly.jpg"><img src="http://kara.allthingsd.com/files/2009/02/pigsfly-300x300.jpg" alt="" title="pigsfly" width="275" height="275" class="alignright size-medium wp-image-9796" /></a></p>
<p>Since BoomTown constantly called the <a href="http://kara.allthingsd.com/20071025/memo-to-mark-boomtown-is-baaaack-and-were-still-dubious/">$15 billion valuation of Facebook &#8220;insane&#8221;</a> when Microsoft (MSFT) forked over $240 million in 2007 and gave <a href="http://kara.allthingsd.com/20080118/slip-sliding-into-a-fortune/">Slide&#8217;s Max Levchin a very hard time when his widget company got a $550 million valuation</a> a year ago, it&#8217;s only fair that I say something equally appropriate about Twitter.</p>
<p>The hot microblogging service <a href="http://mediamemo.allthingsd.com/20090213/buisness-models-are-overrated-twitter-raises-another-35-million/">just got its very own $250 million valuation</a>, all without a dime of revenue in sight. (I know, Bijan, it&#8217;s coming, it&#8217;s <em>coming</em>!)</p>
<p>After all, Facebook and Slide got their funding in boom times and here we are hurtling toward a possible Depression: The Sequel, even as Twitter hauls in $35 million more in investments.</p>
<p>But I am torn.</p>
<p>Should it be &#8220;WTF?&#8221; given that the current economic meltdown really seems to have little impact on Silicon Valley venture capitalists?</p>
<p>I guess they have to put their money <em>somewhere</em> and that&#8217;s probably the best choice out there, due to Twitter&#8217;s strong growth and, perhaps more importantly, overhyped media mindshare.</p>
<p>Or maybe: &#8220;Don&#8217;t Stop Believin&#8217;!!? I mean, you almost have to admire the appalling suspension of disbelief for Benchmark Capital and IVP to hand over such a sum.</p>
<p>In fact, they are probably right now down at at Il Fornaio in Palo Alto, telling everyone who will listen that Google (GOOG) was founded in the last tech downturn.</p>
<p><a href="http://kara.allthingsd.com/files/2009/02/kool-aidman.jpg"><img src="http://kara.allthingsd.com/files/2009/02/kool-aidman.jpg" alt="" title="kool-aidman" width="320" height="320" class="aligncenter size-full wp-image-9794" /></a></p>
<p>Actually, I think the only thing to say is to reference the search giant: &#8220;Let&#8217;s hope Google has another YouTube moment and decides it must own the start-up pioneering real-time search and status updates no matter the price.&#8221; </p>
<p>That&#8217;s kind of long, so I will distill it to this Calgon-inspired thought: &#8220;Larry and Sergey, take me away!&#8221;</p>
<p>Because while I appreciate that Twitter co-founder Biz&#8211;I can&#8217;t help it, but I laugh every time time I write his name in relation to a company that makes bupkis&#8211;Stone underscored that the company was ready to make some money using the new funding, an acquisition by a big, nervous Internet giant is the only way this is going to end well.</p>
<p>In his post, ironically titled <a href="http://blog.twitter.com/files/2009/02/opportunity-knocks.html">&#8220;Opportunity Knocks,&#8221;</a> Stone noted, &#8220;We are now positioned extremely well to support the accelerating growth of our service, further enable the robust ecosystem sprouting up around Twitter, and yes, to begin building revenue-generating products.&#8221;</p>
<p>That would be nice, because right now, <a href="http://kara.allthingsd.com/20090211/boomtown-translates-the-twitter-is-really-serious-folks-about-not-making-memo/">there&#8217;s no Biz like no biz</a>.</p>
<p>And not to sound like a skunk at this Silicon Valley garden party, but Twitter might want to start doing that sooner than later.</p>
<p>I know, I know, I am such a bummer with all this talk of things not just growing to the sky in a world without end.</p>
<p>But as Facebook&#8211;valuation now officially $3.7 billion, although probably more if it were to be sold&#8211;has found out, the delta between dreamy funding and revenue reality can be quite huge.</p>
<p>And, by that, I am not saying it can&#8217;t be done, I am simply saying: Do it.</p>
<p>Until then, here is a lovely Calgon commercial and also a video of that amazing last scene in the finale of &#8220;The Sopranos&#8221; with the Journey song playing until it is abruptly cut off (I say Tony was shot in the head by the guy in the bathroom, but please weigh in):</p>
<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/HvE65VOcAL0&#038;hl=en&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/HvE65VOcAL0&#038;hl=en&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="313"></embed></object></p>
<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/rnT7nYbCSvM&#038;hl=en&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/rnT7nYbCSvM&#038;hl=en&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="313"></embed></object></p>
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		<title>Some Yahoo Fourth-Quarter Financial Slides: Chart-astic!</title>
		<link>http://kara.allthingsd.com/20090128/some-yahoo-fourth-quarter-financial-slides-chart-astic/</link>
		<comments>http://kara.allthingsd.com/20090128/some-yahoo-fourth-quarter-financial-slides-chart-astic/#comments</comments>
		<pubDate>Wed, 28 Jan 2009 08:24:56 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Yahoo]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[analyst]]></category>
		<category><![CDATA[Carol Bartz]]></category>
		<category><![CDATA[cash flow]]></category>
		<category><![CDATA[chart]]></category>
		<category><![CDATA[conference call]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[net income]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[Slide]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=9021</guid>
		<description><![CDATA[Look, don't just take BoomTown's word for it--here are some of the slides Yahoo put out yesterday on its financial performance for the fourth quarter. 

And who doesn't love a good bar chart? 

Using comparisons from a year ago, they shows show a lackluster picture of growth in general, but also that glimmer of the promise of what Yahoo could be again--just as new CEO Carol Bartz kept underscoring--actually, jack-hammering--at the analyst conference call about the results.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/01/slide22.jpg"><img src="http://kara.allthingsd.com/files/2009/01/slide22-300x225.jpg" alt="" title="slide22" width="250" height="175" class="alignright size-medium wp-image-9022" /></a></p>
<p>Look, don&#8217;t just take BoomTown&#8217;s word for it&#8211;here are some of the slides Yahoo put out yesterday on its financial performance for the fourth quarter. </p>
<p>And who doesn&#8217;t love a good bar chart? </p>
<p>Using comparisons from a year ago, they show a lackluster picture of growth and momentum in general, but also that glimmer of the promise of what Yahoo (YHOO) could be again, just as new CEO Carol Bartz kept underscoring&#8211;actually, <em>jack-hammering</em>&#8211;at <a href="http://kara.allthingsd.com/20090127/liveblogging-the-yahoo-fourth-quarter-earnings-call-yes-we-can/">the analyst conference call about the earnings results</a>.</p>
<p>Here are some of the Yahoo charts (click on them to make them larger), or <a href="http://files.shareholder.com/downloads/YHOO/435827236x0x268252/69cc95be-f0c9-4373-b6e2-4ffcf332bd76/YHOO_4Q08EarningsPresentation.pdf">go here to see them all</a>:</p>
<p><strong>Quarterly Revenue Trends (minus traffic acquisition costs, called TAC)</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/01/slide03.jpg"><img src="http://kara.allthingsd.com/files/2009/01/slide03-300x225.jpg" alt="" title="slide03" width="300" height="225" class="aligncenter size-medium wp-image-9023" /></a></p>
<p><strong>Adjusted Revenue Growth (GAAP, or generally accepted accounting principles)</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/01/slide05.jpg"><img src="http://kara.allthingsd.com/files/2009/01/slide05-300x225.jpg" alt="" title="slide05" width="300" height="225" class="aligncenter size-medium wp-image-9024" /></a></p>
<p><strong>Operating Cash Flow Trends and Adjusted OPC</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/01/slide07.jpg"><img src="http://kara.allthingsd.com/files/2009/01/slide07-300x225.jpg" alt="" title="slide07" width="300" height="225" class="aligncenter size-medium wp-image-9025" /></a></p>
<p><strong>Free Cash Flow Trends</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/01/slide09.jpg"><img src="http://kara.allthingsd.com/files/2009/01/slide09-300x225.jpg" alt="" title="slide09" width="300" height="225" class="aligncenter size-medium wp-image-9031" /></a></p>
<p><strong>Non-GAAP Net Income Per Share Trends</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/01/slide10.jpg"><img src="http://kara.allthingsd.com/files/2009/01/slide10-300x225.jpg" alt="" title="slide10" width="300" height="225" class="aligncenter size-medium wp-image-9032" /></a></p>
<p><strong>Key Operational &#038; Balance Sheet Metrics</strong></p>
<p><a href="http://kara.allthingsd.com/files/2009/01/slide11.jpg"><img src="http://kara.allthingsd.com/files/2009/01/slide11-300x225.jpg" alt="" title="slide11" width="300" height="225" class="aligncenter size-medium wp-image-9033" /></a></p>
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		<title>Video of RockYou Founders Talking About the New $17 Million Funding for Asian Expansion</title>
		<link>http://kara.allthingsd.com/20081103/rockyou-raises-17-million-for-asian-expansion-and-new-and-improved-widgets/</link>
		<comments>http://kara.allthingsd.com/20081103/rockyou-raises-17-million-for-asian-expansion-and-new-and-improved-widgets/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 12:00:05 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=5952</guid>
		<description><![CDATA[Widget maker RockYou announced today that it has nabbed a $17 million investment from two Asian firms, SoftBank Group and SK Telecom Ventures. 

The investment will be added to $35 million from the Redwood City, Calif.-based start-up's C round in June. Overall, RockYou has raised a total of $67 million and--before the current econalypse--had previously reported a $400 million valuation.

In a video with BoomTown, the company's co-founders, CEO Lance Tokuda and CTO Jia Shen, said the new funding would be used to expand into the Asia-Pacific market, add offices and staff and make acquisitions.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/11/logo-menutop-rockyou.gif"><img src="http://kara.allthingsd.com/files/2008/11/logo-menutop-rockyou.gif" alt="" title="logo-menutop-rockyou" width="102" height="63" class="alignright size-full wp-image-5958" /></a></p>
<p>Yet another Web 2.0 wunderkind got itself more shelter from the economic storm&#8211;widget maker RockYou announced today that it has nabbed a $17 million investment from two Asian firms, SoftBank Group and SK Telecom Ventures. </p>
<p>The investment will be added to $35 million from the Redwood City, Calif.-based start-up&#8217;s C round in June. Overall, <a href="http://www.rockyou.com">RockYou</a> has raised a total of $67 million from investors, including DCM, Lightspeed Venture Partners, Partech International and Sequoia Capital.</p>
<p>It is unclear if the company&#8217;s valuation is at <a href="http://kara.allthingsd.com/20080319/rockyou-the-400-million-widget/">the previous $400 million level or not</a>.</p>
<p>In a video interview with BoomTown on Friday (see below), the company&#8217;s co-founders, CEO Lance Tokuda and CTO Jia Shen, said the money would be used to expand into the Asia-Pacific market, including onto Xiaonei, one of China&#8217;s largest social-networking sites.</p>
<p>As part of the investment, SoftBank&#8211;which has major Web investments all over Asia&#8211;and RockYou, the company said in a press release, &#8220;will also set up a new joint venture company that will develop widget and application products and services for use on PCs and mobile devices in the Asian market, in particular the Japanese, Korean, Russian, and Chinese markets.&#8221;</p>
<p>Well, that&#8217;s a horse of a different color, what with most <a href="http://kara.allthingsd.com/20081030/they-will-survive-silicon-valley-entrepreneurs-talk-downturn/">Web 2.0 outfits pulling in their horns of late</a>.</p>
<p>Indeed, RockYou said it would also use the money to open offices in New York, Los Angeles and Detroit and look at making some opportunistic acquisitions, as well as adding to its advertising sales force and developing more brand and vertical channels.</p>
<p>The company&#8217;s NYC sales office, previously a one-man shop, is expanding, adds <a href="http://mediamemo.allthingsd.com">MediaMemo&#8217;s Peter Kafka</a>. It hired two people since August and still has one position open and plenty of applicants, says sales boss Paul van de Kamp.</p>
<p>Why all the frenetic activity from RockYou, which says it had over 100 million monthly uniques with over eight billion page views from its popular third-party applications like Super Wall?</p>
<p>Well, a few good reasons, such as: the need to keep up with its key competitor, Slide, which raised its own huge war chest; to find new audiences away from the two top social-networking site, Facebook and MySpace, from which it gets most of its traffic; to improve its products, in order to get better ad rates; and, most of all, to weather the current econalypse in the ad sector. </p>
<p>While RockYou&#8217;s execs believe the ad market for widgets and social networking is on the rise in comparison to other kinds of media, it will still be a glum outlook for everyone for a while. </p>
<p>Tokuda and Shen talk about that, as well as the investment, in the video here, and below that is a <a href="http://kara.allthingsd.com/20071022/kara-interviews-rockyou-co-founders-jia-shen-and-lance-tokuda/">video I did a year ago</a> with the pair:</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1896203919}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
<p><embed src="http://services.brightcove.com/services/viewer/federated_f8/452319854" bgcolor="#FFFFFF" flashVars="videoId=1264609358&#038;playerId=452319854&#038;viewerSecureGatewayURL=https://console.brightcove.com/services/amfgateway&#038;servicesURL=http://services.brightcove.com/services&#038;cdnURL=http://admin.brightcove.com&#038;domain=embed&#038;autoStart=false&#038;" base="http://admin.brightcove.com" name="flashObj" width="380" height="313" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></p>
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		<title>They Will Survive&#8211;Silicon Valley Entrepreneurs Talk Downturn!</title>
		<link>http://kara.allthingsd.com/20081030/they-will-survive-silicon-valley-entrepreneurs-talk-downturn/</link>
		<comments>http://kara.allthingsd.com/20081030/they-will-survive-silicon-valley-entrepreneurs-talk-downturn/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 21:32:57 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
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		<description><![CDATA[Earlier today, BoomTown posted a video of star venture capitalist John Doerr's 10 tips to start-ups for surviving the econalypse that he ticked off at a roundtable in Silicon Valley on Wednesday.

Beside the words of wisdom from the Kleiner Perkins Caufield &#38; Byers partner, I also trolled for advice from the panel of well-known entrepreneurs I moderated at VentureBeat's "How to manage your start-up in the downturn" event.

The message: They will survive! (Cue the disco ball.)]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/10/i_will_survive.jpg"><img src="http://kara.allthingsd.com/files/2008/10/i_will_survive-300x298.jpg" alt="" title="i_will_survive" width="200" height="200" class="alignright size-medium wp-image-5888" /></a></p>
<p>Earlier today, BoomTown posted a video of <a href="http://kara.allthingsd.com/20081030/the-entire-video-of-john-doerr-giving-10-tips-for-start-ups-to-avoid-the-econalypse/">star venture capitalist John Doerr&#8217;s 10 tips</a> to start-ups for surviving the econalypse that he ticked off at a roundtable in Silicon Valley on Wednesday.</p>
<p>Beside the words of wisdom from the Kleiner Perkins Caufield &#038; Byers partner, I also trolled for advice from the panel of well-known entrepreneurs I moderated at VentureBeat&#8217;s &#8220;How to manage your start-up in the downturn&#8221; event.</p>
<p>Thus, here is the i-will-survive take from Jason Calacanis of Mahalo, Toni Schneider, chief executive of Automattic, the company that makes the WordPress blogging software, Nirav Tolia of Web 1.0&#8217;s Epinions and Max Levchin of Slide. </p>
<p><a href="http://kara.allthingsd.com/files/2008/10/i_will_survive_cover_1.jpg"><img src="http://kara.allthingsd.com/files/2008/10/i_will_survive_cover_1-300x300.jpg" alt="" title="i_will_survive_cover_1" width="200" height="200" class="alignleft size-medium wp-image-5889" /></a></p>
<p>As an added bonus, Ram Shriram, one of Google&#8217;s first investors, also weighs in. And, of course, the inevitable blogger Robert Scoble gives his two cents (and also freaks me out once again!).</p>
<p>Here&#8217;s the video of the entrepreneurs, and below it, for your viewing pleasure, two versions of &#8220;I Will Survive&#8221; by Gloria Gaynor (the classic) and Cake (the weirdly good one):</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1886218460}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/10C68Gzd5GM&#038;hl=en&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/10C68Gzd5GM&#038;hl=en&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="313"></embed></object></p>
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		<title>The Entire Video of John Doerr Giving 10 Tips for Start-ups to Avoid the Econalypse</title>
		<link>http://kara.allthingsd.com/20081030/the-entire-video-of-john-doerr-giving-10-tips-for-start-ups-to-avoid-the-econalypse/</link>
		<comments>http://kara.allthingsd.com/20081030/the-entire-video-of-john-doerr-giving-10-tips-for-start-ups-to-avoid-the-econalypse/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 09:29:59 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=5821</guid>
		<description><![CDATA[Here's a video of star VC John Doerr reciting his 10 tips for start-ups to follow in the economic downturn, dispensed at a VentureBeat roundtable event on the downturn yesterday.

And the Kleiner Perkins Caufield &#38; Byers VC didn't need a massive, noisy PowerPoint like Sequoia Capital to make his quick and clear points, which he delivered in four minutes flat.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/10/doerr.jpg"><img src="http://kara.allthingsd.com/files/2008/10/doerr.jpg" alt="" title="doerr" width="150" height="197" class="alignright size-medium wp-image-5829" /></a></p>
<p>Here&#8217;s a video of star VC John Doerr reciting his 10 tips for start-ups to follow in the economic downturn.</p>
<p>Doerr gave out the advice at <a href="http://kara.allthingsd.com/20081028/how-to-manage-your-start-up-in-the-downturn-well-come-to-this-event-and-find-out/">VentureBeat&#8217;s “How to manage your start-up in the downturn” roundtable event</a>, which took place at the Stanford Park Hotel in Palo Alto yesterday morning.</p>
<p>The Kleiner Perkins Caufield &#038; Byers VC got a lot of attention for his list, which he culled from  a survey of 18 of the companies his firm has invested in.</p>
<p>Doerr didn&#8217;t need a massive, noisy PowerPoint like <a href="http://kara.allthingsd.com/20081009/irony-alert-bubble-making-venture-capitalists-start-popping-them/">Sequoia Capital to make his quick and clear points</a>, which he delivered in four minutes flat.</p>
<p>Doerr was on an investors panel with Ram Shriram, one of Google&#8217;s first investors, Ron Conway, Kittu Kolluri of New Enterprise Associates and Matt Cohler of Benchmark Capital.</p>
<p>I moderated the second panel of entrepreneurs, including: Toni Schneider, chief executive of Automattic, the company that makes the WordPress blogging software; Max Levchin of Slide, Jason Calacanis of Mahalo; and Nirav Tolia of Web 1.0&#8217;s Epinions. Video of interviews with them and also Shriram to come later today!</p>
<p>But here&#8217;s Doerr reciting his 10 tips:</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1886287075}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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		<title>"How To Manage Your Start-Up in the Downturn"? Well, Come to This Event and Find Out!</title>
		<link>http://kara.allthingsd.com/20081028/how-to-manage-your-start-up-in-the-downturn-well-come-to-this-event-and-find-out/</link>
		<comments>http://kara.allthingsd.com/20081028/how-to-manage-your-start-up-in-the-downturn-well-come-to-this-event-and-find-out/#comments</comments>
		<pubDate>Wed, 29 Oct 2008 00:05:44 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=5764</guid>
		<description><![CDATA[Tomorrow, BoomTown is trying to find a silver lining from a group of entrepreneurs at VentureBeat's "How to manage your start-up in the downturn” roundtable event.

Toni Schneider, chief executive of Automattic will join Max Levchin of Slide, Jason Calacanis of Mahalo, O’Melveny &#38; Myers' Sam Zucker, and Nirav Tolia of Web 1.0's Epinions.

Along with my group, for whom I am planning all sorts of verbal tortures ("Exactly how much do you make?"), there is also a star-studded investors panel.]]></description>
			<content:encoded><![CDATA[<p>Tomorrow, BoomTown is trying to find a silver lining from a group of entrepreneurs at VentureBeat&#8217;s &#8220;How to manage your start-up in the downturn” roundtable event.</p>
<p><a href="http://kara.allthingsd.com/files/2008/10/2794221_sta.jpg"><img src="http://kara.allthingsd.com/files/2008/10/2794221_sta.jpg" alt="" title="2794221_sta" width="250" height="40" class="alignright size-medium wp-image-5765" /></a></p>
<p>It will take place at the Stanford Park Hotel in Palo Alto from 8 a.m. to noon.</p>
<p>Toni Schneider, chief executive of Automattic (the company that makes the WordPress blogging software) will join Max Levchin of Slide, Jason Calacanis of Mahalo, O&#8217;Melveny &#038; Myers&#8217; Sam Zucker, and Nirav Tolia of Web 1.0&#8217;s Epinions.</p>
<p>Along with my group, for whom I am planning all sorts of verbal tortures (&#8221;Exactly how much <em>do</em> you make?&#8221;), there is also a panel of investors, moderated by VentureBeat&#8217;s Matt Marshall, which features: John Doerr of Kleiner Perkins Caufield & Byers; Ram Shriram, one of Google&#8217;s first investors, Ron Conway, Kittu Kolluri of New Enterprise Associates and Matt Cohler of Benchmark Capital.</p>
<p>Oh, it is sure to be a festival of Web 2.0 pondering.</p>
<p>Said Marshall in a <a href="http://venturebeat.com/2008/10/27/latest-addition-to-wednesdays-downturn-roundtable-toni-schneider/">post about the gathering</a>:</p>
<blockquote><p>One goal of this event is to provide context and advice for start-up CEOs and founders facing the recession. We&#8217;ve handpicked the speakers for their remarkable records and experiences in the previous downturn. &#8230;</p>
<p>While the Sequoia [Capital] &#8216;RIP Good Times&#8217; presentation gave a broad overview of the economic problems facing the tech world, it provided mostly a macro analysis, and a general prescription for companies.</p>
<p>Now is the time to take the analysis one step further, and discuss the variety of situations we see among valley investors and their start-ups: How cleantech companies are different from Internet start-ups, and how under certain conditions, a profitable company may actually be poised for aggressive growth, hiring and M&#038;A&#8211;and not necessarily ideal for cost cutting. We intend to explore all of this and more.</p>
<p>Given the fairly predictable &#8216;Silicon Valley is in circle-the-wagons mode&#8217; story line we&#8217;ve been seeing so far in the media, this event is also the Valley’s opportunity to help dispel this myth and explain how the area&#8217;s start-ups are actually quite diverse and that there are a mix of strategies at play.&#8221;</p></blockquote>
<p>The event is sold out, but it will be streamed live. </p>
<p>And, as usual, look for a shaky video report of the roundtable from me later!</p>
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		<title>Slide Sidles Up to Old Media in Search of New Revenue (Apparently, Max Cannot Live by SuperPoking Alone!)</title>
		<link>http://kara.allthingsd.com/20081001/slide-sidles-up-to-old-media-in-search-of-new-revenue-apparently-max-cannot-live-by-superpoking-alone/</link>
		<comments>http://kara.allthingsd.com/20081001/slide-sidles-up-to-old-media-in-search-of-new-revenue-apparently-max-cannot-live-by-superpoking-alone/#comments</comments>
		<pubDate>Wed, 01 Oct 2008 07:04:43 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Facebook]]></category>
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		<category><![CDATA[advertising]]></category>
		<category><![CDATA[digital]]></category>
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		<category><![CDATA[E! Entertainment]]></category>
		<category><![CDATA[FunSpace]]></category>
		<category><![CDATA[Max Levchin]]></category>
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		<category><![CDATA[revenue]]></category>
		<category><![CDATA[sheep]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=4662</guid>
		<description><![CDATA[You almost have to admire the shape-shifting--if not a wee bit slippery--stylings of Slide CEO Max Levchin.

The serial entrepreneur and widget king has signed distribution deals with media giants, such as Time Warner's Warner Bros. unit, CBS and Comcast's E! Entertainment channel, to allow users of its FunSpace video service to look at clips from shows.

To make money, Slide will get a cut of ads sold by its media partners.

Oh my, how incredibly traditional of Levchin. 

But it should probably come as no surprise that Levchin is now singing a bit of a different tune these days, as the daunting task of actually building a sustainable business model and attracting long-term advertisers has dawned on him and probably many other Web 2.0 wunderkinds.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/09/superpoke_270x228.gif"><img src="http://kara.allthingsd.com/files/2008/09/superpoke_270x228.gif" alt="" title="superpoke_270x228" width="270" height="228" class="alignright size-medium wp-image-4665" /></a></p>
<p>You almost have to admire the shape-shifting&#8211;if not a wee bit slippery&#8211;stylings of <a href="http://www.slide.com">Slide</a> CEO Max Levchin.</p>
<p>The serial entrepreneur&#8211; whose current start-up has made him the massively-funded widget-king of Web 2.0&#8211;has signed distribution deals with Time Warner&#8217;s Warner Bros. unit, CBS and Comcast&#8217;s E! Entertainment channel to allow users of its new FunSpace Channels video service to look at clips from shows.</p>
<p>Slide&#8217;s other media partners in the new deal include Current Media, Hulu, Universal Music Group, as well as 236.com, Break Media, CollegeHumor, FUEL TV, Howcast Media, Video Detective and YouTube.</p>
<p>The FunSpace video service will recommend content based on how much users forward clips to others.</p>
<p>To make money, Slide will get a cut of ads sold by its media partners, according to <a href="http://online.wsj.com/article/SB122282824858793091.html#video%3D">a report in The Wall Street Journal</a>.</p>
<p>Oh my, how incredibly <em>traditional</em> of Levchin (pictured below on a wacky magazine cover).</p>
<p><a href="http://kara.allthingsd.com/files/2008/09/max-levchin.jpg"><img src="http://kara.allthingsd.com/files/2008/09/max-levchin-220x300.jpg" alt="" title="max-levchin" width="220" height="300" class="alignleft size-medium wp-image-4670" /></a></p>
<p>But it should probably come as no surprise that Levchin is singing a bit of a different tune these days, as the daunting task of actually building a sustainable business model and attracting long-term advertisers has dawned on him&#8211;and probably many other Web 2.0 wunderkinds.</p>
<p>&#8220;Television is a world advertisers love,&#8221; said Levchin in The Journal article&#8211;a quote in which you can almost hear the quarter drop and the connection made that trying to earn real money from sheep-throwing and SuperPoking is perhaps not the most stable of business plans.</p>
<p>Of course, it was only a year ago that the business model for the high-profile social-networking applications maker&#8211;loudly touted by him and others at the company&#8211;was centered around &#8220;user-initiated&#8221; ads and in consumers becoming &#8220;brand ambassadors&#8221; for products.</p>
<p>These kinds of unproven ad schemes seemed fanciful to me when I first heard about them, although they doubtless sounded great to the many investors who ponied up tens of millions of dollars in funding to give Slide an eye-popping and still-undeserved $550 million valuation.</p>
<p><a href="http://kara.allthingsd.com/20070808/reason-to-be-annoyed-by-widgets-243/">At the time</a>, I wrote:</p>
<blockquote><p>Ah, brand ambassadors! Like perhaps being dispatched to a posting in the tenth ring of hell.</p>
<p>It seems, though, that the old canard about getting audiences to carry water for brands and loving it has found new life, as social networks and the widgets that live off them search for business models.</p>
<p>Now I am not against widgets, those small third-party applications that people can put on their Web pages on social networks like Facebook and MySpace, in general.</p>
<p>While there are now many too many, and most are simply features and not companies, some are actually helpful and substantive and introduce a plethora of innovation and features into a service like MySpace that the service itself would or could never have offered.</p>
<p>And I also think that these widget-makers need to find a way to make money, especially the very popular ones like Slide, if they are to stay around.&#8221;</p></blockquote>
<p>That&#8217;s more true than ever before as the economy tightens and kooky experimentation is no longer tolerated.</p>
<p>In fact, Levchin noted in the article that Slide had dumped one of its typically fun but profitless widgets&#8211;a digital fortune cookie service.</p>
<p>Said Levchin to The Journal: &#8220;We asked ourselves, can they generate cash and are they going to be engaging to users a year from now?&#8221;</p>
<p>Um &#8230; no and no, which should have been obvious from the get-go about a lot of social-networking apps, which <a href="http://kara.allthingsd.com/20071009/the-childrens-hour-facebook-apps-are-for-toddlers-there-we-said-it/">I had labeled juvenile and ultimately ephemeral</a>. </p>
<p>While such goofy stuff has given Slide a lot of traffic&#8211;it attracts more than 160 million viewers a month&#8211;that has not necessarily translated into big revenues since much of the traffic is pretty low-rent and because the ads are limited by the big social-networking sites where Slide apps are popular.</p>
<p><a href="http://kara.allthingsd.com/files/2008/09/slide_logo.png"><img src="http://kara.allthingsd.com/files/2008/09/slide_logo.png" alt="" title="slide_logo" width="207" height="100" class="alignright size-medium wp-image-4669" /></a></p>
<p>One of the most striking things in the article was the contention that Slide expected $30 to $50 million in 2009 revenue, which is probably on the low side. To be fair, Levchin always told me he was not as focused on revenue generation as on growth.</p>
<p>But with this move, Levchin is now clearly focusing on revenue, and it&#8217;s long past time to do so.</p>
<p>Of course, with nuclear winter in advertising of all kinds approaching fast, let&#8217;s hope Slide still has a sheepskin or two around to keep warm until the thaw.</p>
<p>As an added plus, here is one of three interviews I did with Levchin last year, giving him somewhat of a hard time about revenue issues (and he gave back as good as he got): </p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1184473439}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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		<title>Some Facebook Apps Are Actually More Equal Than Others</title>
		<link>http://kara.allthingsd.com/20080722/some-facebook-apps-are-actually-more-equal-than-others/</link>
		<comments>http://kara.allthingsd.com/20080722/some-facebook-apps-are-actually-more-equal-than-others/#comments</comments>
		<pubDate>Tue, 22 Jul 2008 19:28:48 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[buggy]]></category>
		<category><![CDATA[Causes]]></category>
		<category><![CDATA[iLike]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[privacy protection]]></category>
		<category><![CDATA[RockYou]]></category>
		<category><![CDATA[Slide]]></category>
		<category><![CDATA[spam]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=2398</guid>
		<description><![CDATA[Tomorrow, when it rolls out its new platform, one of the more interesting pieces of news from Facebook will be its initiative to dub certain of its third-party app developers more special than others.

The social-networking site has selected just two, in fact--Causes and iLike--to receive "preferred" status. While BoomTown is unclear as to the details, several sources said that this initiative has to do with developing in a way more in line with the goals of Facebook Founder and CEO Mark Zuckerberg.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/07/images1.jpeg"><img src="http://kara.allthingsd.com/files/2008/07/images1.jpeg" alt="" title="images1" width="200" height="100" class="alignright size-medium wp-image-2399" /></a></p>
<p>Tomorrow, when it rolls out its new platform, one of the more interesting pieces of news from Facebook will be its initiative to dub certain of its third-party app developers more special than others.</p>
<p>According to sources, the social-networking site has selected just two, in fact, <a href="http://www.ilike.com/">iLike</a> and <a href="http://apps.facebook.com/causes/about">Causes</a>, to receive &#8220;preferred&#8221; status.</p>
<p>Several sources said that this initiative has to do with developing in a way more in line with the goals of Facebook Founder and CEO Mark Zuckerberg.</p>
<p>Some issues Facebook has had since unleashing third-party applications on its platform last year have been related to the widgets producing too much spam, not having adequate privacy protection and simply being too buggy.</p>
<p><span id="more-2398"></span></p>
<p>Included in the criteria for inclusion as a preferred partner is being &#8220;meaningful&#8221; and also not having been in violation of a wide range of Facebook policies in the past. Individual apps can be approved, even though others made by the same developer might not be.</p>
<p>Causes and iLike are the inaugural partners in the program, with others to follow.</p>
<p>Perhaps more interesting about this move is why two of Facebook&#8217;s major developers, Slide and RockYou, are not part of the preferred program.</p>
<p>The pair that have been are among Facebook&#8217;s most popular.</p>
<p>iLike is a hugely popular music discovery and sharing service (I will be posting a video of my visit to its Seattle offices tomorrow) and Causes is an app that allows users to share information about various charities and social initiatives.</p>
<p>Facebook declined to comment on the initiative.</p>
<p>But it surely will tomorrow. Facebook is in the midst of a major redesign of its service and will be mounting its second developers&#8217; conference tomorrow in San Francisco.</p>
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		<title>LinkedIn Raises $53 Million at $1 Billion Valuation</title>
		<link>http://kara.allthingsd.com/20080617/linkedin-raises-53-million-at-1-billion-valuation/</link>
		<comments>http://kara.allthingsd.com/20080617/linkedin-raises-53-million-at-1-billion-valuation/#comments</comments>
		<pubDate>Wed, 18 Jun 2008 00:43:47 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Internet]]></category>
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		<category><![CDATA[Bain Capital Ventures]]></category>
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		<category><![CDATA[Dan Nye]]></category>
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		<category><![CDATA[funding]]></category>
		<category><![CDATA[Greylock Partners]]></category>
		<category><![CDATA[Jeffrey Glass]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=2159</guid>
		<description><![CDATA[In a much-expected financing, LinkedIn has joined the big funding club (Slide, Spot Runner) of late, by raising $53 million at a startling $1 billion valuation.

Why go public when you can just pretend?

Actually, unlike a lot of Web 2.0 start-ups, the professional-networking site has been profitable since 2006.

The new slug of cash comes from new investor Bain Capital Ventures, along with existing investors Sequoia Capital, Greylock Partners and Bessemer Ventures.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/06/logo_linkedin-200x74.gif"><img src="http://kara.allthingsd.com/files/2008/06/logo_linkedin-200x74.gif" alt="" title="logo_linkedin-200x74" width="200" height="74" class="alignright size-medium wp-image-2167" /></a></p>
<p>In a much-expected financing, LinkedIn has joined the big funding club (<a href="http://kara.allthingsd.com/20080118/slip-sliding-into-a-fortune/">Slide</a>, <a href="http://kara.allthingsd.com/20080506/another-web-20-superfunding-spot-runner-gets-51-million-more/">Spot Runner</a>) of late, by raising $53 million at a startling $1 billion valuation.</p>
<p>Why go public when you can just pretend?</p>
<p>Actually, unlike a lot of Web 2.0 start-ups, the professional networking site, which had 23 million active monthly members in June, has been profitable since 2006.</p>
<p>According to execs, it has revenues of about $100 million a year, from premium subscriptions and job listings, as well was advertising and corporate sales.</p>
<p>The new slug of cash comes from new investor Bain Capital Ventures, along with existing investors Sequoia Capital, Greylock Partners, and Bessemer Ventures.</p>
<p>LinkedIn had previously raised $27 million for a total of $80 million. <em>Yipes!</em><br />
<a href="http://kara.allthingsd.com/files/2008/06/pic_mgmt_dnye2_100x150.jpg"><img src="http://kara.allthingsd.com/files/2008/06/pic_mgmt_dnye2_100x150.jpg" alt="" title="pic_mgmt_dnye2_100x150" class="alignright size-medium wp-image-2169" /></a></p>
<p>&#8220;This additional funding will give us even more flexibility to execute on our vision for millions of professionals to increase their effectiveness by using LinkedIn to build relationships and exchange knowledge, opportunities and advice,&#8221; wrote LinkedIn CEO Dan Nye (pictured here) <a href="http://blog.linkedin.com/blog/2008/06/bain-capital-ve.html">in a blog post tonight</a>.</p>
<p><a href="http://kara.allthingsd.com/files/2008/06/pic_mgmt_rhoffman_100x150.jpg"><img src="http://kara.allthingsd.com/files/2008/06/pic_mgmt_rhoffman_100x150.jpg" alt="" title="pic_mgmt_rhoffman_100x150" class="alignleft size-medium wp-image-2168" /></a></p>
<p>In an interview with LinkedIn&#8217;s founding CEO and Chairman Reid Hoffman (pictured here) today, he told BoomTown that the money raised would be used for corporate development and acquisitions.</p>
<p>&#8220;We&#8217;ll be doing small technology acquisitions to improve our service,&#8221; said Hoffman. He also noted that it was unlikely the company would be doing an IPO in the immediate future, which has been bandied about.</p>
<p>&#8220;We have no immediate plans&#8221; for a public offering, said Hoffman. &#8220;We still have a lot of ground to cover to grow.&#8221;</p>
<p>Comparing the the business-oriented LinkedIn professional network with hot social networks like Facebook, Hoffman noted: &#8220;They have page views and time on the site and are looking for a scalable economic model and we have an economic model and will focus on growing usage.&#8221;</p>
<p>LinkedIn certainly has been growing its coffers. It raised $5.2 million in its first round, $10 million in its second and $12.8 million in its third.</p>
<p>Here is a video of LinkedIn&#8217;s investors trying mightily to play down the $1 billion valuation, while also pumping it up.</p>
<p>You gotta love the cheerleading of Greylock&#8217;s David Sze, Bessemer&#8217;s David Cowan and Mark Kvamme of Sequoia, along with new investor Jeffrey Glass of Bain (who will join LinkedIn&#8217;s board as an observer):</p>
<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/5fcr9yooraM&#038;hl=en"></param><embed src="http://www.youtube.com/v/5fcr9yooraM&#038;hl=en" type="application/x-shockwave-flash" width="380" height="313"></embed></object></p>
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		<title>Slide-ing into the Big Apple</title>
		<link>http://kara.allthingsd.com/20080604/sliding-into-the-big-apple/</link>
		<comments>http://kara.allthingsd.com/20080604/sliding-into-the-big-apple/#comments</comments>
		<pubDate>Thu, 05 Jun 2008 05:32:41 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Facebook]]></category>
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		<category><![CDATA[advertising]]></category>
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		<category><![CDATA[Jason Bitensky]]></category>
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		<category><![CDATA[Max Levchin]]></category>
		<category><![CDATA[MySpace]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/20080604/sliding-into-the-big-apple/</guid>
		<description><![CDATA[In its ongoing bid to prove there is a robust and sustainable ad business in the social networking space, widgetmaker Slide opened a New York office and hired a big deal online ad exec.

Of course, because it has to be hip, the office is in the always trendy West Village, instead of uptown on Madison Avenue.]]></description>
			<content:encoded><![CDATA[<p><img src='http://kara.allthingsd.com/files/2007/08/slide_logo_tagline.gif' alt='slide' /></p>
<p>In its ongoing bid to prove there is a robust and sustainable advertising business in the social-networking space, widget-maker Slide opened a New York City office and hired a big-deal online ad exec.</p>
<p>Of course, because it has to be hip, the office is in the always trendy West Village, instead of uptown in Manhattan on Madison Avenue.</p>
<p>The new director of ad sales is Jason Bitensky, who comes to Slide from his post as director of national sales at AOL (TWX) Media Networks/Platform-A. Previous to that, he worked at Comcast (CMCSA).</p>
<p>Until this hire, Slide had only four salespeople, all located at its San Francisco HQ, who sold campaigns and sponsorships for its third-party apps that are hugely popular on sites like Facebook and MySpace (NWS).</p>
<p>Advertisers are most definitely intrigued, experimenting all over the place and interested in different ways of engaging with consumers.</p>
<p>Nonetheless, they are still using tiny &#8220;innovation&#8221; budgets to test the space and have still not unlocked the treasure chests of big bucks that go to television. </p>
<p>In fact, here is an interesting <a href="http://online.wsj.com/article/SB121263403691747425.html">story on the ad issues apps-makers face in The Wall Street Journal</a> tomorrow.</p>
<p>The <em>not-so-much-money</em> quote: &#8220;The push by application companies means more players are competing over what is a relatively small pie. In 2007, U.S. marketers spent $600 million advertising on social media, a sliver of the $18 billion spent on interactive advertising that year, according to Forrester Research. The number is forecast to spike to $6.9 billion by 2012.&#8221;</p>
<p>Still, said Max Levchin, CEO of Slide, about the move in a statement: &#8220;The success of campaigns on our popular products, such as SuperPoke!, Top Friends and FunWall, has attracted the attention of not only top brands, but also top talent like Jason.&#8221;</p>
<p>BoomTown shall agree to disagree with our favorite widget king about SuperPoke&#8217;s potential as an ad vehicle. </p>
<p>But it is entirely true that Slide and other apps-makers have to convince big brands that the social-networking phenomenon is here to stay and is effective, well beyond its viral popularity and huge valuations given to companies in the space.</p>
<p>Earlier this year, Slide&#8211;founded in 2005&#8211;<a href="http://kara.allthingsd.com/20080118/slip-sliding-into-a-fortune/">got a $50 million round of funding that valued the company at $550 million</a>.</p>
<p>And here&#8217;s a disturbing, but very funny, spoof video about where all this SuperPoking eventually ends up:</p>
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