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Category Archives: Social Commerce
In Ecommerce – Revenues are Ego, Profit is Intellect
When it comes to ecommerce or retail, Revenues are Ego, Margin is Intellect. I owe this key insight to my former partner Tom Stemberg, who founded Staples and built it from scratch to a $17B company. Ecommerce businesses, by and … Continue reading
Posted in Business Models, Companies, Ecommerce, Entrepreneurship, Innovation, Investors, Social Commerce, Team
Tagged Amazon, BeyondTheRack, Customer service, Diapers.com, Ecommerce, Electronic commerce, Management, Profit, Quidsy, Revenue, Software as a service, Staples, Tom Stemberg
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Judging the G-Startup Competition at the Global Mobile Internet Conference
I was honored to be a lead judge at the G-Startup competition of the Silicon Valley Global Mobile Internet Conference (GMIC) held at the San Jose Convention Center. Other speakers and judges included Yuri Milner, Tim Draper, Vaughan Smith (VP, … Continue reading
Posted in Companies, Entrepreneurship, Innovation, Mobile, Social Commerce
Tagged Conference, Disherence, G-Startup, Global, Global Mobile Internet Conference, GMIC, Judge, Keynote, Mobile, Panelist, San Jose, Silicon valley, Speaker, Startup, Urban Spoon, Yelp
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Online Marketing Revolution
Consumers are increasingly using email, mobile, social media and websites to access information and interact with brands. Media consumption is shifting from offline channels to interactive channels, driving marketers to increase the percentage of advertising spending on interactive marketing. According … Continue reading
Posted in Companies, Innovation, Investors, Social Commerce
Tagged Business, Facebook, Marketing, New York Stock Exchange, Social media, United States
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Meet the Facebook of China
On behalf of the MIT Club of Northern California (MITCNC) and the MIT Young Alumni Leaders Association (MITALA), I am very pleased to be co-hosting a talk by Joe Chen, an MIT alum (G ’95) and CEO of RenRen (aka … Continue reading
Posted in Companies, Innovation, Social Commerce
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Observations from the Facebook S1
1. A new standard for user engagement. DAU to MAU ratio of 57% in December 2011, which amazingly is actually higher than the already high 54% in December 2010. This makes Zynga’s engagement look weak! 845 million MAUs as of … Continue reading
Posted in Business Models, Companies, Social Commerce, Valuation
Tagged Buddy Media, Facebook, Google, IPO, Like, S1, Vitrue, Zynga
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Yipit and the Daily Deals Sector
I recently spoke with journalist Anne Sherber of DigiDay about Yipit and the company’s positioning within the Daily Deals space. There are currently more than 500 daily deal sites in the US alone – ranging from heavyweights such as Groupon … Continue reading
Posted in Companies, Social Commerce
Tagged Daily Deals, DigiDay, Groupon, LivingSocial, Local Commerce, Online to Offline, Yipit
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