Wednesday, June 20, 2007

Yahoo: Build It Faster

Interesting article from Businessweek. It talks about the steps Yahoo should take to compete more effectiviely.

The Street to Yahoo: Be Aggressive

One way Yahoo can do this is by moving more swiftly on acquisitions. Instead of wasting energy building homegrown versions of popular Web sites or deliberating for months over potential purchases, Yahoo should reach for the pocketbook when it sees a promising property. Imagine, for example, if Yahoo had pounced on, a company it ultimately acquired, rather than first trying to build its social bookmarking site, "my web."

I'm not sure I'd agree. Acquiring hot startups faster sounds prudent but does it really add value to the brand? For example, if Yahoo bought Craigslist, people still think of them as Craigslist and not Yahoo at all. The fact that the company is now owned by Yahoo I think would just be an aside in people's minds. I don't think it's necessarily bad to go the homegrown route. The issue it seems to me is how to build applications and generate compelling ideas faster. I think Yahoo would be better off solving that problem instead.

Yahoo's Funk

Everyone's been talking about Semel's resignation as CEO of Yahoo. It hasn't been an easy ride for the company as a whole and the press has been unrelenting in their criticsm. Yang is now the new CEO and it remains to be seen if he can pull the company out of its malaise. But what can be done exactly? I think the first step for them is to sit down and define exactly what kind of company do they really want to be. Do they want to be a media company? A software services company perhaps? You can't be everything to be everyone. Anyway, best of luck to Yahoo

Monday, June 18, 2007

Innovation is Ageless

I was intriqued by Markus's latest topic in his blog. In "Old people don't invent online" he makes the statement

People under 30 create paradigm shifts, and usually end up creating huge companies. People over 30 tend to go out and look for emerging patterns to predict the future but don’t really understand it.

I'm not sure I'd agree. It's just that those in the 30's live a different lifestyle that those in their early 20's. Folks in their 30's have much more responsibility. You have a family, mortgage, career and so on to take care of. I don't think they lack the mindset to innovate, it's just that there's isn't enough resources (especially time) to devote to an idea much less to execute it for that matter.

Wasn't the founder of Friendster in his 30's when he started it?

Legends Blogging

I've been reading Marc Andreesen's blog lately. Of course, y'all know him as the founder of Netscape. His latest project is the social network Ning. His blog is really cool and it has topics from tech to movies to venture capital.

Another blog I enjoy is Markus Frind's The Paradigm Shift. Markus is the guy behind the free dating site, Plenty of Fish. He's a true inspiration given the kinds of things he was able to do with POF with limited resources and all. He provides lots of tech insights along with analysis on the dating industry and social networking.

If there's one thing I can say about both it's that they seem to enjoy blogging. I'm really glad, as we are all fortunate to come across such wisdom and talent.