Reflections & analysis about innovation, technology, startups, investing, healthcare, and more .... with a focus on Minnesota, Land of 10,000 Lakes. Blogging continuously since 2005.

Category: Startups (Page 14 of 29)

Is #Fcommerce Inherently F***ed? A Recent Media Report Suggests So, But a Minnesota Startup Begs to Differ

F-incart_(c)WeeverMediaI read recently an analyst’s prediction that social commerce — of which Facebook commerce is a subset — would be a $5 billion business by 2015.  Does that sound big to you?  It didn’t to me — not considering that  Forrester says online retail overall will be $279 billion by 2015.

While I was mulling these numbers, I happened to delve into the blog of Sucharita Mulpuru, a VP at Forrester and a well known ebusiness analyst.  I discovered she’s been a longtime bear on F-commerce. Then I saw a sharply worded story pop up yesterday morning, first in a Shop.org newsletter I receive. It was based on a Bloomberg story: “Retailers Shut Facebook Storefronts Amid Apathy.”  What one might call the money quote the reporter ended her story with: ‘

“I give so-called F-commerce an ‘F’ ”

It was a quote attributed to Wade Gerten, CEO of 8thBridge, a Minneapolis-based social-commerce technology firm. Fcommerce-ShopDotOrg

The story ended abruptly with that quote — leaving me hungering for more. But I didn’t have to wait long, because last night a quick-comeback rebuttal to the story suddenly appeared on Forbes.com. It was a guest post from that very same Wade Gerten, entitled “Facebook Shopping Apathy? Smart Plays On F-Commerce.”  His company, 8thBridge, was a much-heralded startup here in 2009 that hitched its wagon to Facebook commerce, and soon after raised $15 million in two rounds of venture capital. Turns out he and his team had a wild day, he told me, pulling together that post to counter the Bloomberg piece.  A key excerpt from the post is the conclusion:

“Tomorrow’s online shopping experience will look very different than the product catalog-specific experience we have today. The rich intent data available via the Open Graph will enable brands to usher in a new era of ecommerce that is shaped by people and around people.

This is the most exciting innovation to hit e-commerce since its birth in the Nineties! Most of the brands working in this space are anything but apathetic.”

8thBridge-logoGerten also talks in the post about his firm’s recent partnership with TicketMaster. It was one month ago today that 8thBridge announced it had launched an app that people could add to their Facebook Timeline to share their plans to attend concerts, their actual attendance at a concert, and share ticket buying with their friends. They noted people could purchase tickets within the app without leaving Facebook.

On its web site, 8thBridge claims that more than 50 leading brands in fashion, retail, and entertainment have launched social commerce initiatives with its technology — some of those other brands being Delta Air Lines, Oscar de la Renta, Electronic Arts, and Avon.  The site doesn’t say how many of these “initiatives” may have been of the “storefront” variety that the Bloomberg story says are being closed — nor, of course, does it name which of its clients had (or still may have) such storefronts. But I think it’s fair to say the Open Graph initiatives are what 8thBridge is now very much concentrating on.

As you might imagine, 8thBridge is not the only company defending F-commerce.  Here’s another link, also on Bloomberg, which appeared prior to the recent dustup (it’s a video interview): “Payvment CEO Sees ‘Huge Business’ on Facebook.”  But note this guy is also hedging his bets — spreading his risk if you will, naming both Twitter and Google+ as other platforms where his firm can make money from its technology.

On top of all this recent uproar about Facebook commerce is the absolute juggernaut that is Pinterest! Pinterest-logoI’ve gone on record on the past two weekly Minnov8 Gang podcasts as saying this site will be a huge disruptor in social commerce.  But that’s the topic of another blog post — actually, countless hundreds that will no doubt be appearing soon everywhere!  (By the way, please follow me here on Pinterest:  www.pinterest.com/graemethickins.)

What future do you see for Facebook commerce?  Or for social commerce in general?  Please comment!

(Facebook logo-cart image copyright Weever Media.)

#Minnesota #Startup CRAM to Launch at #CES Next Week

CRAM-homepage

 

Here’s the news announcement, which, though dated Monday, January 9, hit the company’s newly launched web site today:

CRAM Worldwide is unveiling “Venu,” an entertainment game changer, at CES

Las Vegas, NV – January 09, 2012 – CRAM Worldwide, LLC., today unveiled Venu, a portable entertainment gateway of mind bending capacity. CRAM Worldwide, LLC., located in CES booth # 73308, is demonstrating the product throughout the 2012 International CES.

Venu is the world’s first portable home entertainment system that uses high capacity secure hard drives to deliver entire libraries of content to your home. The Venu media player gives you hundreds of movies, thousands of songs, entire television series, all in the highest definition, instantly, to your smart phone, tablet, TV, computer or other device. Venu is completely portable and provides an “untethered” content solution; it streams entertainment locally from the secure, removable cartridge. “Venu is the future of entertainment. It delivers quality, choice, convenience and portability. This is a game changer in how entertainment is delivered,” said Keith Pagan, Chief Marketing Officer and former Disney Executive. Venu is a subscription-based service that, in exchange for a small monthly fee, offers consumers virtually limitless content. Users can choose to stock their libraries by ordering online and having their choices streamed to them or by mailing in their drive, after which they will receive a new drive loaded with their selections. Once they have their library of content they can use ThoughtFlow™ technology to search their library and choose a selection. With ThoughtFlow™, compounding weighted parameters shift with each click allowing the consumer to find new content based on previous selections.

Venu is also secure. Venu is tamper respondent and tamper evident, which means any attempt to bypass its security results in immediate cryptographic disk erasure within milliseconds. Matt Fairchild, Chief Technology Officer said: “If my mom can steal content, the industry has a problem. CRAM’s security components are Department of Defense NSA Type-1 qualified. My mom has a problem now. “

CRAM is currently signing up the first 10,000 users to preview Venu. CRAM anticipates that Venu will be available for consumers in the second half of 2012. To see and experience Venu while at CES, stop by booth #73308 located in the Eureka Park Techzone at the Venetian.

CRAM Worldwide is lead by a seasoned team of executives from the technology, software and entertainment industries, among them former executives from CBS News, Scripps, Sony, Best Buy, Food Network, Disney, HP and Hardcore Computer.

CRAM is the information security industry’s leading platform for secure digital content delivery. Headquartered in White Bear Lake, Mn., CRAM provides a portable content device and security application to entertainment content publishers, educational institutions, government agencies, medical and healthcare companies. To learn more about CRAM visit www.cramworld.com, read the security blog: http://www.cramworld.com/it, read the entertainment blog: http://cramworld.com/aroundtheworld, or follow on Twitter @CRAMWorldwide

My Top 10 Blog Posts of 2011

As the year comes to a close, I decided to humor myself by taking a look back and choosing my favorite blog posts for 2011.  (It's New Year's Eve and I'm home sick, so no partying for me.)  Here's the list — in chronological order, the first one from February, and the last from early December. I'm just showing the first paragraph or two of each of these posts below (or, for some of the video interview posts, just a screen grab of the subject), then a link to read the full post.

Let me know what you think in the comments.

Blogging Gone Wild

People who've been reading this blog for a while may know I started it in 2005. That's a long time in blog years, and it's resulted in a monstrous archive of what people now call "long-form blogging" — at least it is for me, as one, lone writer.BlogServices-logos(6)  My quick tally is about 400,000-500,000 words (several books' worth), and I can't even begin to guess the *time* I have into it. Let's just say it's been countless thousands of hours that I've spent filling this space — planning, thinking, writing, editing, covering events, managing comments, and, not the least, all the time spent in the behind-the-scenes (pain in the ass)  administration of the site.  That last part is especially a challenge with Typepad, the platform I chose way back when. Unfortunately, it hasn't kept up with bloggers' needs, especially from a UI/ease-of-use standpoint. (But the time to convert my blog to WordPress, as I might like, has just been way too much of a time hurdle to consider if I want to keep paying the bills with the income I have to generate in the non-blogging part of my business life.) The whole notion of "micro" blogging wasn't even in our minds back in 2005. But, of course, those of you who follow me regularly know I've been posting the majority of my online content for the past few years on a certain site that starts with a "T".  ….  Read the rest of the post here.

Live Blog: DEMO Spring 2011

I'm back at DEMO doing another live-blog. This is the 12th time I've reported on DEMO, and I've been doing the last few by using the "Cover It Live" app (see window below). Produced by the IDG Enterprise events group in conjunction with VentureBeat, the DEMO conferences in the United States and China focus on emerging technologies and new product innovations, which are hand selected from across the spectrum of the technology marketplace. DEMOspring2011_bannerThe DEMO conferences have earned their reputation for consistently identifying tomorrow's cutting-edge technologies, and have served as launchpad events for companies such as Palm, E*Trade, Handspring, and U.S. Robotics, helping them to secure venture funding, establish critical business relationships, and influence early adopters. For more information on the DEMO conferences, visit DEMO.com.  The conference kicks off officially at 9:15 am Pacific today, when my live-blogging will begin in earnest.  Here's the agenda.  ….  Read the rest of the post here.

Glue Conference: A Chat With Mark Suster, GRP Partners

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 Watch the video here.

Glue Conference: Listen In On a Great Chat Between Terry Jones/FluidInfo and Seth Levine/Foundry Group

TerryJonesOne of the things I love most SethLevineabout attending great events like Glue is getting to be a fly on the wall in some awesome conversations. Except, for this one, I had my brand-new review unit Olympus LS-20M at the ready (having been recording interviews all day), so was able to capture this chat literally on the spur of the moment in HD video and high-quality audio, just by unobtrusively aiming the recorder.  Terry and Seth went on and on in a really interesting exhange about Terry's big-data startup FluidInfo (investors include Esther Dyson and Tim O'Reilly), so I just kept shooting and taking it all in.  Give a listen. …. Watch the video here.

George Reese on "The Cloud's Shining Moment," Four Days Later

Cloud-ShiningThe major Amazon Web Services outage that began this past Thursday morning was unlike anything before it.  Countless AWS customers, big and small, GeorgeReesewent down, many for days. Surprisingly, other biggies like Netflix, SmugMug, and Twilio had little or no disruption.  One hungers to know why…

Over the weekend, George Reese, a cloud expert and author (and CTO of cloud-management tools company enStratus), wrote a fascinating post on O'Reilly about what some would call a cloud disaster — entitling it, ironically enough, "The Cloud's Shining Moment." George has a unique perspective on the cloud, and a large following. …. Read the rest of the post here.

Live Blog: DEMO Fall 2011

DEMOfall2011-lobbyIt's time, gang — for another one of my conference live-blogs, this time for DEMOfall.  Once again, as I have for the last several events I've covered, I'm using the "Cover It Live" app (see window below). With more than 20,000 technologies reviewed and 1,500 companies selected to launch on the DEMO stage over the past 20 years, DEMO has continually searched the globe to find innovation where it lives. The DEMO Team has logged millions of miles to uncover technology '"diamonds in the rough. Some of the companies that have launched at DEMO include Salesforce.com, Netscape, VMware, TiVo, Skype (for mobile handsets), WebEx, Jajah, Boingo Wireless, BuzzLogic, Vringo, and many more. The DEMO conferences have earned their reputation for consistently identifying tomorrow's cutting-edge technologies, helping its presenting companies secure venture funding, establish critical business relationships, and influence early adopters. ….  Read the rest of the post here.

Defrag 2011: My Interview of Robert Stephens, CTO, Best Buy

RobertStephensIt was great to catch my friend Robert Stephens, founder of Geek Squad and now CTO of Best Buy, this morning at breakfast on Day 2 of Defrag. It was right before his opening keynote, and he gave me kind of a sneak peak to his talk.  We covered a lot of topics, and could have gone on even longer. … Here's the 10-minute interview.

 

 

 

Defrag 2011: My Interview of James Altucher

JamesAltucherI had a chance to catch James at breakfast this morning, on Day 1 of Defrag. Could have talked to him for an hour… fascinating guy (he's been an entrepreneur, VC, hedge fund manager, and is a prolific writer — author of several books and a regular TechCrunch contributor). Gonna have him autograph his latest book, "I Was Blind But Now I See," which we got in our Defrag swag bag. … Watch the video here.

 

 

 

 

My Live Blog: Defrag 2011 – the 5th Annual!

Defrag-logo+hotelWow, time flies. Seems like only yesterday we gathered in downtown Denver for the first Defrag conference in the fall of 2007. Now I'm about to experience my fifth, and each has been better than the one before.  A couple years ago, the venue was switched to the OMNI Interlocken Resort in nearby Broomfield, where I arrived today about noon. Why is Defrag special?  Here's how conference organizer Eric Norlin (Twitter name: @defrag) explained it in a recent blog post: "It’s about being passionate about the learning process… that turns out to be what is different about Defrag." …. Read the rest of the post here.

 

 

Why I'm Returning My KindleFire (and Saving My Money for an iPad 3)

KindleFireI picked up a KindleFire last week, a couple days after Amazon started selling them.  I had pre-ordered one at my local Best Buy store.  I didn't really need one, of course — I've been a happy iPad user since Day One.  (And the same for the iPhone since its Day One. It's no secret I'm a dyed-in-the-wool Apple fanboy.)  The iPad has changed my online life. I could not live without it. But, heck, I'm a tech blogger, an analyst, a reviewer, and the KindleFire was cheap.  (Sometimes, as a blogger, a review unit shows up at my door, but not this time.)  For the low, low price, below Amazon's cost, I saw the launch of the Fire as an excuse for me to finally acquire an Android device and see what life is like on the other side. And I liked the idea of the Amazon-curated app store, which would cut down on all the rogue crap-apps and malware in the Android world. Well, the experiment didn't last long. I was not impressed. …. Read the rest of the post here.

That's it — my 10 best posts from 2011.  (Not counting the ones I contribute to Minnov8.com — check those out, too.)  Here's to another good year of banging on the keyboard in 2012.  Happy New Year, everyone!

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