-
Website
http://avc.com/ -
Original page
http://www.avc.com/a_vc/2009/10/blog-stars.html -
Subscribe
All Comments -
Community
-
Top Commenters
-
ShanaC
1228 comments · 73 points
-
daryn
213 comments · 14 points
-
kidmercury
829 comments · 104 points
-
howardlindzon
207 comments · 71 points
-
Charlie Crystle
205 comments · 35 points
-
-
Popular Threads
-
Thoughts on Blackberry Fail
12 hours ago · 66 comments
-
Getting Computer Science Into Middle School
2 days ago · 267 comments
-
End of Year Music Posts
1 day ago · 46 comments
-
How To Get Me To Hang Up On You
4 days ago · 158 comments
-
Open APIs and Open Standards
5 days ago · 207 comments
-
Thoughts on Blackberry Fail
The semantics do matter a bit. I don't think it's productive to say one thing is a blog and one thing isn't, so I'm pleased that you're coining a new term here. Not sure 'star' is as illustrative a term as you could find, but it'll do for now, I guess.
Next thing you need to take on is whether or not this scales. It certainly is likely that there will be a long tail of these star communities, but how do you use this medium to have 5,000 active participants? Dunbar's number will destroy it. Perhaps it becomes more like pub culture... lots of pubs in the UK, none with 5,000 people in attendance.
Each of us has our own blog star list, that unique mix of influence and ideas helps define our own perspectives going forward. There's a huge flood of content coming down the internet pipes, and I struggle to find time to be aware of the pearls that startle my expectations. Having super human filters helps a bunch.
That's from the article I cited earlier (it's almost 3 years old, but perhaps even more relevant today than when I wrote it): http://past.blog.com/gaggle-info-wiki/miscellan...
:) nmw
And the key criterion about whether it is, in fact, a community, is whether the members talk to each other (i.e. you are catalyst) rather than hub-spoke relate just to you. You mentioned this a few posts back, but it is conceptually important as the line between spectacle and community. Sets up the network effects, Reid's law etc.
i think there will be lots of types of communities, although in general i think the larger a community gets, the more the opportunity will be in fan-to-fan interactions, rather than star-to-fan interactions.
If you're right, and I believe you are, there will be 1000's of blog stars. I believe there already are. Therefore, it is impossible to be exhaustive.
Blog stars, with few exceptions, will be topic or subject oriented. There will be blog stars for Corvettes, for Quilts, just as there are today for VC's (you) and the social web (Chris Brogan).
I think this is exactly what makes it so special. Real people with a passion, intelligence, commitment and drive can influence every aspect of our lives. They can drive powerful communities, they wield tremendous influence, and shape their topic.
You are spot on here Fred, but I think it's even bigger than you are suggesting in this post.
For example: In what way is this post about VC's?
these niche communities should have a subject in the center, but they should
be able to move around it a fair amount
blog is called AVC because that is what Fred is. Much (not all, but
much) is VC or start-up related.
This post wasn't. However, Fred has built his following from posts
about startups and Venture Capital. He wouldn't be Blog Star if these
are the posts he started with. It's his expertise that made him the
star.
If I were to go out on a limb, I would say that the entire financial industry will soon be found under .VC
;D nmw
both of them are blog stars
Think about traditional salespeople. They are successful because of the network they have. People tend to buy from those the know, like, and trust, and blog stars are those people in the new digital economy.
from me.
what's interesting to me about blog stars becoming salespeople are the tools
they'll use to do that
http://skimlinks.com/
my wife uses it on her blog
i don't blog about products enough to make it worthwhile for me
http://www.avc.com/a_vc/2009/10/the-blog-where-...
it's like i wake up in the morning with posts in my head
Gary was able to connect with people through wine, something which not many other bloggers have such an authority in. Think about it: alcohol is one of the most intrinsic social items, and Gary was able to leverage that into the digital world and form modern social media connections. And beyond that, with the release of his book Crush It this week, he's giving instructions to everyone how to try to become their own "blog star" if they are so motivated.
just instructive
Love the idea of communities around blogs as attractors of people with shared interests, values, etc; Kid's notion of crowdsourcing labor from the community (directing attention and action) is the most interesting bit to me.
i officially gave him that role a while back
that is my wishful optimistic personality coming out Erik
i think comments are a tricky one
when someone is as good as seth or jason, they may be able to get away
without them
The footprint of blogs and influence of bloggers are increasing exponentially. This is the new media. We're seeing the "atomization of content" at play.
Each sector has its own power bloggers. What is also common to them, is that it takes a lot of consistency and repetitive behavior. These don't become blog stars overnight, as Fred would probably attest. You have to blog day in and day out.
He posts something on his mind and we chime in as we feel appropriate. (kind of cultish actually).
The only issue is these things cant really scale - average post 200+ comments? the blog star actively replies to 50%+? - it wont be long before they have to give up their day job.
that said, i've been stuck at about 125k uvs for years
and i can do one post a day and deal with the comments in less than an hour
of total time spent
I thought about that recently too, from a marketing persective, the "blog stars" as opinion leaders, customer advocates & through their example inspiring their audience.
E.g in my real life community, getting xyz is very uncommon, but if one of my favorite bloggers mentions it, it enters my zone, it becomes "real". There's marketing power in this.
The main difference is that here you (and the Kid) focus on persons -- in other words personality, charisma, etc.
In the Wisdom of the Language, the focus is on topics, issues, industries, fields of knowledge, etc. (broadly speaking: "semantics")
:) nmw
communities
BTW: I just virtually picked up this book -- I feel it might be a relevant read (in the context of "individuality"):
http://online.marketing.firm.in/crowdsin-the-co...
Some of the other blogs mentioned are really solid as well.
Just out of curiousity, do you ever read his blog?
If you catch the video with Fred & Howard not to long back Fred admits he's not a heavy market player.
On a day (Friday) when one of my little stocks -- one that no one else was writing about a year ago -- jumped 65%, I read a post on a popular investing site by a twenty-something guy about his DCF analysis on J&J. That's the kind of stock I'll read about if I have trouble sleeping.
But I could only honestly take on one venture at a time, and put every ounce of myself into it. Anything less, and I'd feel like I was short changing the businesses/founders chances. Businesses need a lot more than just money when starting out, they need customer development planning, marketing, direction, network connections. I'm not sure I could give all those jobs 100%, even to one business, let along multiple businesses.
The difference is that when you buy stock in tiny companies like these, you are a passive investor. You're not expected to offer any of the assistance venture capitalists provide to start-up companies.
Also, I should note that the most successful (so far) of the tiny companies I have invested in is run by a CEO in his 60s. He has done some impressive stuff with his company, but he brings more skills and experience to the table, I would think, than the typical whippersnapper who runs a venture-backed start-up. I think I mentioned this here before, but I'll be posting his company's answers to a series of questions on my blog next week. Some of those answers may shed some light on how his company has dealt with some of the challenges you mention above.
Not so much in public stocks
I don't think community synonymous with open-commenting. If your readers are creating value because they are interacting with other reads, then you've unquestionably built a community. So I'd agree with Fred, Godin is a community.
Take this guy:
http://en.wikipedia.org/wiki/Daniel_Sieradski
Daniel Sieradski. Most people here would never read him. He's extremely influential in the groups he travels in. He's written in at least three blogs, and now is running at least two more (for the Jewish Telegraph agency I think, or maybe the Forward?) One of the blogs he started way back in the early 00's (I think), Jewschool, still is essentially the tastemaking blog for most active Jewish students in the US. Yet you never see the guy running around and commenting.
It's not the point. The point is that he actually got people to believe what he believes, and start doing similar activities that he does. He became a tastemaker through his many blogging activities. That's pretty incredible. And that seems to be the end goal...
For me it's all about whether you became an opinion leader. If you became a n opnion leader you own a community. Most people don't realize how hard it is to do a Google Bomb unless you try, as well as convince Google to let the Google Bomb stay. It doesn't requite comments. It requires basically the same level of community that we have here, as well as some sort of crazy sitaution. He did it. That's a huge. It went all the way up to CNET. It went to my blogging rabbi. That's influence.
but i just wanted to note that when i think of blog stars, i am thinking in terms of opportunity for profit. there are two particular requirements i look for that i think will lead to blog profitability; hence i look for blog stars who exhibit them:
1. show up daily. a must for creating engagement. participation in comments will in my opinion prove to be a very worthwhile investment.
2. blog stars are destination-oriented; like all they will have API monetization opportunities, and of course they should pursue them, but i think the blogger as sales/customer service agent is crucial -- it is a customer relations job, and blog stars should focus accordingly on building their own destination. to the extent we can regard this as true, it would lead to opportunities in creating the platform/ecosystem that will enable the technology needed to create destinations for blog stars. but this is why i think comments need to be turned on, because if the conversation goes elsewhere, so too will the community, which means so too will the opportunity to intermediate a commercial transaction, which is the name of the game for profitable blog stars.
Blog posts should be readable on the elevator ride down if possible
If opportunity for profit is the metric, then your selections make very little sense, KM. The two wealthiest women in the world (Oprah and JK Rowling) wouldn't qualify, because of the scaling issue of direct digital engagement with low-profit individuals. Either you need to make a lot of money per tribe member (very difficult in a digital transaction) or you need to make a little money from a ton of tribe members (almost impossible given your criteria.)
If 'ability to directly influence a conversation among digitally-enabled subgroups' is the metric, then you're probably on to something.
you mean, USED TO BE difficult in a digital transaction....until blog stars came along and changed the game by earning the trust needed maximize share of customer wallet!!! as an example, i would be willing to bet that at some point in the future (probably years off, but worth planning for now in my opinion) in which a venture capitalist like fred, rather than tapping into an offline network of rich folks to get money for his fund, can tap into his blog to crowdsource the fund. and i bet such an investor/blogger will be able to get a bigger share of a larger number of customer wallets. not $10 from a million customers, but not a million dollars from 10 customers either.
as you noted scaling engagement is an issue, no doubt. however this is where i think political/governance capability is key. the best blog stars will be able to engage and connect with a wider number of fans. it's very similar to music: smaller, indie bands tend to have a more passionate and loyal following (from whom they can extract more money), but there are the occasional mega talents that can truly capture, sustain, and engage a global audience of passionate fans. it is exceedingly rare, of course. but social media technology will facilitate deeper and wider engagement and make it more possible.
JK and oprah are not digital stars (JK is paperback/cinematic, oprah is television...at least that is their bread and butter and where they got started), so the example is irrelevant. if they were net natives, the economy surrounding them would be very different. a better example in my opinion is world renowned kook alex jones. alex is a new media superstar: daily articles, daily podcasts, daily videos. dependent largely on crowdsourcing for production. leverages influence to sell products relevant to target market and subject matter of community (kookology). has his own community that is very actively involved in co-creating the brand. interacts with his fans daily via his radio show/podcast. profit margins would be a lot higher if he learned how to leverage APIs and other stuff rather than doing everything internally, but that is a common mistake many blog stars are making. i am confident the mistake will be resolved for reasons of economic necessity in due time. in any event alex is profitable enough to employ 20 people or so (basically his own blog network) and run a legitimate full time media business -- all done net native style, blog star style.
also worth noting is that as blog stars grow, businesses will emerge to help them manage the crowd. i am working on building one such business. how innovative and successful such companies can be will also impact the scalability issue blog stars and blog networks will face.
could you explain this "destination" concept a little more? I'm not sure I've grasped it yet. You say blog-stars are "destination oriented" , and that the "should focus on building their own destination". Then you add that this would lead to "opportunities in the platform/ecosystem that will enable technology needed to create destinations for blog-stars" (but I thought that blog-stars were ALREADY "destination oriented" -- not that I really understand what that means... I guess I just find this super confusing :S)
Besides the meaning of destination, I also find it strange that the ownership of whatever this destination-thing is should be 100% with blog-stars, I thik if you want to engage community, then you will need to make them stakholders in the activity (e.g. conversation?) -- but maybe this is simply because I am quite clueless what you mean by "destination"... (?)
Could you try to dumb this down to a grade-school level so that I have a chance of getting what you mean?
Thanks!
:) nmw
sure, here's what i mean:
1. the term "destination" will get murkier as the web evolves, but for now, i basically mean whoever is executing the commercial transaction and gaining access to corresponding customer information. amazon.com is a destination. craigslist is a destination, although it could be a much, much, much better one.
2. i think bloggers will be able to serve as destinations, because they will be able to acquire the trust needed to intermediate transactions.
3. so then how to create the destination that enables a commercial transaction? fred recently referred to his blog as a club or bar of sorts where everyone knows your name. that's true, but right now the problem is that no one is doing the work needed to run the bar. so really, it is not like we are hanging out at a bar, but more like some dude's basement. i'm going to propose a solution to solve this problem by building fred a club.
4. so how can we best build fred this club? well we need a way to execute commercial transactions. advertising and ecommerce, that finances things. then you need social stuff, as that is basically what a club is. so maybe a way where we can all tweet with each other, share our own videos, start our own discussion forums, etc.
5. so how can we best build this club? that is debatable. very debatable. but i think one thing that a lot of people who believe in "open" stuff will believe in is to leverage other people's APIs. for instance rather than building your own ad network, most people will just plug the ad network code into their blog to deliver ads. likewise, i think you will plug in your twitter solution, your own forum solution, etc.
6. so to me, that is sort of what the game boils down to. are you plugging into someone else's destination, or are you a destination? in reality i think companies will increasingly need to be both, or at least understanding both sides and their role in it. as you noted the concept of ownership gets murky in this world, which is why i think we will see networks emerge that have their own rules.
a person who i think has a somewhat similar view is marc andreessen. he's prominent web technology guy, perhaps you are familiar with him. when i tell my technology views to people i often say "hey marc andreessen is working on something similar" so as to lend legitimacy to my views. lol.
anyway, he previously blogged about platforms and really broke things down, but he took those blog posts down. (clearly, he ain't a blog star.) he also founded the company ning.com, which i sort of interpret as an attempt to mass create niche destinations, which i think is a mega, mega, mega opportunity. and he recently has made some investments in bloggers and blog publishing.
that's just my perspective, of course i am extremely biased as i am running a business from this perspective.
I think the problem I have with such a model is that I don't believe in online advertising. I owe a lot of this insight to Neil Budde, who wrote an article about this right around the time he left WSJ online. Basically, there's no difference between advertising and all the other content on the web (I'm being more extreme than he was). In it's purest form, web content is 100% information -- and that's it. Now the tricky part is how to make information marketplaces (see e.g. http://past.blog.com/2009/08/04/get-out-of-the-box -- a lot of what the "barkeeper" does in your [and Fred's] example is what the "market conductor" does in "Get Out of the Box" ... I tried to explicate this a little more in http://past.blog.com/2009/08/05/ricardo-revisit... and http://past.blog.com/2009/09/13/regulation-mark... but TBH I'm not sure my writing in those 2 is as clear as I wish it could be :S).
But "read us interruptus" will not work online -- never did, never will... -- it's just too easy and will be surgically removed in a matter of seconds (milliseconds?). So irrelevant junk won't go over well online -- it will have to try to find an audience in traditional media (perhaps outdoor). In this vein, I have also been much inspired by a piece Esther Dyson wrote at least a decade ago (I'm sure everyone here has read it or at least knows what her general approach is).
To summarize: IMHO, advertising doesn't really exist as a separate entity on the web. The web is like one be yellow-pages directory. Sure, there are people who still use Google, and lots of advertisers spend their money trying to reach THAT audience (but if someone is trying to target me, then they'll have moved on, because I've already done so -- and not just from Google.COM, but also from YouTube.COM ... ;). If you want to find ME, I'm the one who's seen all the Bibles and have moved on to newer things BEYOND the bible... (see also Clay Shirky's article, which I referenced in "Get Out of the Box" ;)
As time goes on and the Wisdom of the Language [ http://past.blog.com/gaggle-info-wiki/miscellan... ] expands beyond sites like twitter.com, hotels.com, weather.com, etc., the rules of web language may very well "dictate" that the directory of venture capitalists is found @ http://directory.vc (and note that Wittgenstein's interpretation of language/meaning is why I put dictate in quotes; also, it's precisely for this reason that Google is very set on pushing their chrome service... i.e., as I said to Vint Cerf several years ago: there is no easy way to discern whether people willfully choose to click on "the blue e" or whether they are being LED to do so [see also http://www.circleid.com/posts/vint_cerf_keynote... ]).
Ultimately, Wittgenstein was spot on when he pointed out that the "correct" use of language is simply "the way people speak" -- so meaning (and/or grammatical rules) emerge/s from the community of users, not from a centralized authority. The reason why one-size fits-all search engines return amazon.com when people type in "amazon" is because that is what the users expect. If users typed in "orange" and a search engine gave them apple, then they would call it a crappy engine and stop using it.
This unraveling -- the movement away from a centralized authority -- has an eerie similarity to the way the Protestant Reformation and the American + French Revolutions worked -- except that the princes and kings of the web may not be treated quite as brutally as their counterparts in Europe were treated centuries ago (Immanuel Kant's short article "Was ist Aufklärung?" [What is Enlightenment?] is very, um, enlightening in this regard ;). With a literate + enlightened user base it's quite likely that the current tidewater aristocracy of the web will just be dropped like hotbots or maybe simply forgotten like distant friendsters.
http://english.net.in/a-3-min-30-sec-short-intr...
People may not die, but language will decimate brands. Did anyone do the math? Weather.com is about 10% of the value of NBC.
The thing about decentralization is that you might believe there are about 37^63 domain names per TLD (incidentally, that pretty much exactly 1 Googol ;) ). But if 1 sheet of paper can hold about 2K of text think about the possibilities! Or how about as a bit map! Sheets of paper can contain an ENORMOUSLY wide variety of content -- dwarfing the DNS.... But what actually happened? Language prevailed. Only an idiot would title a textbook about economics "For the Birds". People who want to sell information about economics label the content "Economics".
Brand names (like Google, Microsoft, NYTimes and HuffingtonPost) are meaningless -- they will be decimated. Twitter, Yahoo, OMG, etc. will prevail.
Several years ago, I asked whether .COM web addresses are Russian. That may sound a little strange, but at the time news organizations said that allofmp3.COM was a Russian company. This makes no sense -- .COM addresses fall under the jurisdiction of the United States (see also comments about governance made by Tim Berners-Lee the other day: http://organizers.at/the-web-should-just-be-a-f... ). I feel it is appropriate for commercial enterprises to use the commercial TLD to advertise the products + services using .COM domains. But in many cases, the age-old maxim "if you register a domain, make sure it's a .COM domain" is becoming more laughable day by day -- as a rough estimate, perhaps 99% of .COM domains will also be decimated in the coming years.
:) nmw
2) communities are crossing the destination boundary. Redditors, and HN'ers are popping up and hanging out on twitter, google wave, and friendfeed. They don't just talk about the star, they talk about the ideas and challenges the blog star is facing.
Profiting from coordinating and leading communities feels like taxing a nation of people, albeit on a smaller scale.
I'd prefer to know a community so well, and understand it's needs deeply, so I could navigate a product/service of super high value into their hands at cost + tight margin.
It's pretty cool that's Seth's Disqus'ing with us here. I often wonder how my experience of his blog would be with open comments (and how he would manage reviewing them all), and what type of vocal community he'd attract.
communities crossing boundaries serves as the ultimate reminder that the community is the top dog up in this piece. not the blog star, not the technology, but the will of the people. that is why i really believe open systems are destined to prevail, because the community will ultimately demand the ability to cross boundaries, and open technologies facilitate this.
Very cool looking stuff and the greatest thing is, I started reading it because I couldn't figure out why I had a 280mbyte pdf file in my dropbox.
Gotham Gal and the girls love that blog
http://chartsandcoffee.blogspot.com/2009/10/int...