Archive for the ‘Business’ Tag

Why Silicon Alley Insider is the king of creative valuation…

I’m going to take a moment and profess my love for the Silicon Alley Insider… it is not only an insightful place for news on digital business (not just product innovations, which TechCrunch tends to focus on), it has a smug humor than comes from its roots in NYC and Wall St. That style makes it different from other destinations for business news I’ve found.

One of my favorite themes from their reporting is “what we would do if we ran these companies”. Better than anyone else I have read, SAI have great opinions on how to extract the true value from the companies they cover. Some great examples include: Craigslist, Yahoo, CNET, and AOL.

But, my favorite post was on Wikipedia… SAI showed how Craig Newmark could earn around US$900M annually for the Wikipedia Foundation, if he ran Wikipedia as a competitive for-profit business, and donated the profits to charity (ala Newman’s Own).

Key lesson – Hidden value lies in almost every business… you just need to know where to look and how to find it. And, that’s why SAI is the king of creative valuation.

Participation…

On Sunday, I had coffee with a friend of mine, productivity enthusiast Jared Goralnick. Jared has been pretty busy recently promoting his new product, AwayFind, so I was pleased he had some time to chat.

I like meeting up with Jared because he is quite motivating, and I learn a lot from him. I consider myself knowledgeable about business, but I’m very much a newbee to the tech world. It’s great when I get time to pick Jared’s brain, since I love to learn (as a researcher, I must!).

Because I lack much of the experience you find in the rest of the tech community, I often stand on the sideline… I don’t attend all the events I could, I don’t comment as much as I should, and I have stayed somewhat anonymous as a blogger.

Jared encouraged me to put myself out into the community, and he’s right. The only way I’m going to learn and become successful in tech (or the world at large, for that matter) is to contribute. By blogging more, improving my technical skills, attending events, and participating in the discussions, I will build upon the skills I lack… and display my unique talents and perspective.

On Jared’s advice, I registered my own domain… WarWrites.com. Over the next few weeks, I’m going to migrate my blog to this new domain, set up Feedburner and Google Analytics accounts, and make other improvements. I want to make this blog a place others come that displays my unique love of finding creativity in the often mundane world of business.

I’ve got a lot of work ahead of me, but I’m excited. Thanks for the push, Jared.