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	<title>AllThingsD &#187; Dustin Moskovitz</title>
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		<title>Asana Launches to Public -- Finally Moving Out of Private Beta</title>
		<link>http://allthingsd.com/20111102/asana-launches-to-public-finally-moving-out-of-private-beta/</link>
		<comments>http://allthingsd.com/20111102/asana-launches-to-public-finally-moving-out-of-private-beta/#comments</comments>
		<pubDate>Wed, 02 Nov 2011 13:00:56 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Enterprise]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=138433</guid>
		<description><![CDATA[In Sanskrit, "asana" means "sitting down" and refers to strong but relaxed postures in yoga, presumably so frustrated workers can achieve a digital form of nirvana.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20111102/asana-launches-to-public-finally-moving-out-of-private-beta/asana-mark256/" rel="attachment wp-att-138821"><img src="http://allthingsd.com/files/2011/10/asana-mark256.png" alt="" title="asana-mark256" width="256" height="256" class="alignright size-full wp-image-138821" /></a></p>
<p>Asana, the high-profile group collaboration start-up founded by former Facebook execs, is moving out of private beta after a year, and will launch to the general public.</p>
<p>Currently in use by thousands of users at hundreds of beta companies, Asana said it will now put its efforts at tweaking the product to a wider test.</p>
<p>In Sanskrit, &#8220;asana&#8221; means &#8220;sitting down,&#8221; and refers to strong but relaxed postures in yoga, presumably so frustrated workers can achieve a digital form of nirvana.</p>
<p>The product can be used for free by teams of fewer than 30 users.</p>
<p>&#8220;Our beta users have helped us in shaping our prioritization in the workspace,&#8221; said Asana co-founder Dustin Moskovitz.</p>
<p>Moskovitz said that the company &#8212; which <a href="http://allthingsd.com/20091124/asana-gets-9-million-no-its-not-yoga-stance-its-a-new-start-up-from-former-facebookers/">raised $9 million in venture funding</a> two years ago, and $1 million before that from Benchmark Capital, Andreessen Horowitz and angel investors &#8212; is not in need of more funds and will not yet release a paid product. </p>
<p>Co-founder Justin Rosenstein added that one future direction will be the growth of the mobile application arena for Asana, which already has offerings.</p>
<p>Here are some screenshots of the Asana offering:</p>
<p><a href="http://allthingsd.com/20111102/asana-launches-to-public-finally-moving-out-of-private-beta/asana-project/" rel="attachment wp-att-138826"><img src="http://allthingsd.com/files/2011/11/asana-project-640x465.png" alt="" title="asana-project" width="640" height="465" class="aligncenter size-large wp-image-138826" /></a></p>
<p><a href="http://allthingsd.com/20111102/asana-launches-to-public-finally-moving-out-of-private-beta/asana-individual/" rel="attachment wp-att-138827"><img src="http://allthingsd.com/files/2011/11/asana-individual-640x448.png" alt="" title="asana-individual" width="640" height="448" class="aligncenter size-large wp-image-138827" /></a></p>
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		<title>Exclusive: Flipboard Confirms $50 Million Funding at $200 Million Valuation</title>
		<link>http://allthingsd.com/20110414/exclusive-flipboard-confirms-50-million-funding-at-200-million-valuation/</link>
		<comments>http://allthingsd.com/20110414/exclusive-flipboard-confirms-50-million-funding-at-200-million-valuation/#comments</comments>
		<pubDate>Thu, 14 Apr 2011 20:23:12 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=42652</guid>
		<description><![CDATA[Late last month, BoomTown posted about a huge venture funding effort by the high-profile and even more highly designed social media reading app for the Apple iPad, Flipboard.

Today, its co-founder and CEO Mike McCue confirmed a $50 million round at an eye-popping $200 million valuation, in a wide-ranging interview at the start-up's Palo Alto, Calif., HQ.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/07/logo-final-2-275x275.jpg" alt="" title="logo-final-2" width="225" height="225" class="alignright size-medium wp-image-30981" /></p>
<p>Late last month, BoomTown posted about a <a href="http://kara.allthingsd.com/20110323/pretty-flipboard-fundraising-at-an-even-prettier-200-million-valuation">huge venture funding effort</a> by the high-profile and even more highly designed social media reading app for the Apple iPad, Flipboard.</p>
<p>Today, its co-founder and CEO Mike McCue confirmed the $50 million round at an eye-popping $200 million valuation, in a wide-ranging interview at the start-up&#8217;s Palo Alto, Calif., HQ.</p>
<p>&#8220;We&#8217;re obviously thrilled, because we think it confirms our focus that people want a beautifully designed way to interact with content and to share it,&#8221; he said. &#8220;And there is a lot more to come&#8211;on a scale of one to 10, we&#8217;re just at a two or three.&#8221;</p>
<p>The bulk of the new second round of funding&#8211;Flipboard had previously raised $10.5 million&#8211;came from New York-based Insight Venture Partners.</p>
<p>Insight&#8217;s Jerry Murdock said in an interview that he was excited about the idea of &#8220;social endorsement&#8221; that Flipboard was pioneering.</p>
<p>&#8220;We back great entrepreneurs and Flipboard is that and also in an obviously unique position to solve a problem of media consumption in the digital age,&#8221; he said. &#8220;The sky is the limit. Or more precisely it is the best environment to consume curated real-time content for Twitter and Facebook, because of the user experience and social endorsement integration with the content.&#8221;</p>
<p>Insight is also an investor in Twitter.</p>
<p>Also stepping up in the new Flipboard round is Comcast&#8217;s venture arm, as well as previous investors, including Kleiner Perkins, Index Ventures and a spate of well known angels, such as Twitter co-founder and product guru Jack Dorsey, Facebook co-founder and Asana dude Dustin Moskovitz, the ubiquitous Ron Conway, actor Ashton Kutcher and the investment company of former News Corp. exec Peter Chernin.</p>
<p>&#8220;From a Comcast perspective, we&#8217;re intrigued with Mike and what he&#8217;s doing with content aggregation,&#8221; said <a href="http://kara.allthingsd.com/20101115/exclusive-comcasts-top-digital-exec-amy-banse-to-open-new-silicon-valley-equity-fund-for-cable-giant-and-nbc">Amy Banse</a>, Comcast Interactive Capital&#8217;s new head. &#8220;We think we can learn from him and he from us.&#8221;</p>
<p>Co-founded by longtime entrepreneur McCue (Netscape, Tellme) and former Apple iPhone engineer Evan Doll in January, Flipboard <a href="http://kara.allthingsd.com/20100720/meet-flipboard-mike-mccue-talks-about-stealth-social-magazine-start-up-that-just-nabbed-10-5-million">launched to much attention in July</a>.</p>
<p>The elegant Flipboard&#8211;which McCue recently told me in an onstage interview at the South by Southwest conference in Austin had zero revenues thus far&#8211;has changed the game on the consumption of social media.</p>
<p>Its innovative social magazine concept is attempting to make the social networking universe more accessible, consumable and, perhaps most importantly, visually arresting via its rich app.</p>
<p>Essentially, Flipboard pulls information from media RSS feeds and sites such as Twitter and Facebook data streams and then reassembles it in an easy-to-navigate, personalized format in a mobile tablet touchscreen environment.</p>
<p>In its current offering, there are pull-quotes, photos, videos, status updates and even the first paragraphs of linked-out content. There is also the ability to comment and share, as if one were on a social networking or microblogging site.</p>
<p>McCue said the new giant pile of cash will be used to increase its 32-person staff to about 50, international expansion, small acquisitions and more product development on more platforms.</p>
<p>The next in the arena will be the iPhone version of Flipboard, said McCue, followed by one for the Google Android mobile operating system eventually.</p>
<p>Left unsaid, of course, was the need for funding to fight the likelihood of increased competition in the hot space for delivering both professional and social content to consumers on a wide range of devices.</p>
<p>Rivals are varied, such as Silicon Valley&#8217;s most adorable news reader start-up <a href="http://kara.allthingsd.com/20110324/video-the-pulse-boys-to-men-talk-about-huge-growth-of-visual-news-reading-app">Pulse</a> and also <a href="http://kara.allthingsd.com/20110330/when-media-giants-attack-cease-and-desist-letter-to-news-reader-zite">Zite</a>, a news reader which was recently sued for copyright infringement by a group of major publishers.</p>
<p>There are bigger potential players, such as Google, which is trying to find various ways to move into the social space.</p>
<p>In fact, said several sources, Google and others have made acquisition approaches to Flipboard, which has instead opted for raising more funding and staying independent for now.</p>
<p>McCue declined to talk about that, but did note that he is not surprised by publisher interest, especially of the worried and wary kind, in the arena.</p>
<p>&#8220;Anyone not respectful of others&#8217; content is going to get in that kind of trouble,&#8221; he said, noting Flipboard has struck deals with 17 big publishers so far, including this morning&#8217;s announcement about a partnership with <a href="http://kara.allthingsd.com/20110324/video-the-pulse-boys-to-men-talk-about-huge-growth-of-visual-news-reading-app">Oprah Winfrey&#8217;s and Discovery&#8217;s OWN cable network</a>. &#8220;There is not one half to this equation.&#8221;</p>
<p>Right now, the Flipboard app is free and the business plan is advertising and some possible subscription scenarios.</p>
<p>McCue said advertising will be the key to Flipboard&#8217;s business plan in the future, although it&#8217;s not clear if the company will ever sell advertising itself.</p>
<p>Rather, it will partner with publishers seeking better distribution in the explosive tablet and smartphone market, where Flipboard has been gaining traction quickly.</p>
<p>But until that is sorted out, there is now $50 million more in the Flipboard kitty to figure it all out.</p>
<p>&#8220;With this funding, we can grow at the right pace and have a lot of flexibility to get the product right,&#8221; said McCue. &#8220;And, that&#8217;s the most important thing.&#8221;</p>
]]></content:encoded>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Pretty Flipboard Fundraising at an Even Prettier $200 Million Valuation</title>
		<link>http://allthingsd.com/20110323/pretty-flipboard-fundraising-at-an-even-prettier-200-million-valuation/</link>
		<comments>http://allthingsd.com/20110323/pretty-flipboard-fundraising-at-an-even-prettier-200-million-valuation/#comments</comments>
		<pubDate>Wed, 23 Mar 2011 14:15:12 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=41854</guid>
		<description><![CDATA[Flipboard, the high-profile and highly designed social media reading app for the Apple iPad, is out raising another round of funding at an eye-popping $200 million valuation, according to numerous sources close to the situation.

The Palo Alto, CA, company declined to comment on its new funding efforts, which sources said had recently accelerated.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/07/logo-final-2-275x275.jpg" alt="" title="logo-final-2" width="225" height="225" class="alignright size-medium wp-image-30981" /></p>
<p>Flipboard, the high-profile and highly designed social media reading app for the Apple iPad, is out raising another round of funding at an eye-popping $200 million valuation, according to numerous sources close to the situation.</p>
<p>The Palo Alto, CA, company declined to comment on its new funding efforts, which sources said had recently accelerated.</p>
<p>While that valuation might change, several sources considering the investment said it is unlikely to go down in the current frothy financing market in Silicon Valley, especially given Flipboard&#8217;s splashy profile and top-drawer pedigree.</p>
<p>Co-founded by longtime Silicon Valley entrepreneur Mike McCue and former Apple iPhone engineer Evan Doll in January, Flipboard<a href="http://kara.allthingsd.com/20100720/meet-flipboard-mike-mccue-talks-about-stealth-social-magazine-start-up-that-just-nabbed-10-5-million"> launched to much attention in July</a>.</p>
<p>That included $10.5 million in venture funding from Kleiner Perkins, Index Ventures and a spate of well known angel investors, such as Twitter Co-founder Jack Dorsey, Facebook Co-founder Dustin Moskovitz, the ubiquitous Ron Conway, actor Ashton Kutcher and the investment company of former News Corp. exec Peter Chernin.</p>
<p>At the time, it was unclear what Flipboard&#8217;s valuation was. But now, said several sources, it&#8217;s clocking in at a hefty $200 million, which is perhaps no surprise at a time of increasingly lofty investments in tech start-ups.</p>
<p>Suddenly, Foursquare&#8217;s <a href="http://kara.allthingsd.com/20100629/location-location-location-foursquare-nabs-20-million-in-vc-funding-at-95-million-pre-money-valuation-plus-blog-posts-of-course/">$95 million valuation</a> seems like a <em>bargain</em>! (Sorry, Dennis Crowley, for <a href="http://kara.allthingsd.com/20100701/loco-about-location-or-just-plain-crazy">comparing you to the Kool-Aid pitcher</a> dude.)</p>
<p>In any case, the elegant Flipboard&#8211;which McCue recently told me in an onstage interview at the South by Southwest conference in Austin had zero revenues thus far&#8211;has changed the game on the consumption of social media.</p>
<p>Its innovative social magazine concept is attempting to make the social networking universe more accessible, consumable and, perhaps most importantly, visually arresting via its rich app.</p>
<p>Essentially, Flipboard pulls information from sites such as Twitter and Facebook data streams and then reassembles it in an easy-to-navigate, personalized format in a mobile tablet touchscreen environment.</p>
<p>In this offering, there are pull quotes, photos, videos, status updates and even the first paragraphs of linked-out content. There is also the ability to comment and share, as if one were on Twitter or Facebook.</p>
<p>Flipboard has since added a number of features and will be launching its new iPhone app later this year.</p>
<p>Right now, the Flipboard app is free and the business plan is advertising and some possible subscription scenarios.</p>
<p>It will be interesting to see who will jump into this leader in a nascent market, besides its current investors. Sources said one likely target group for Flipboard could be a large traditional media company.</p>
<p>Until the financial dust settles, here is the video of an <a href="http://kara.allthingsd.com/20101221/flipboard-mike-mccue-dive-full-interview/">onstage interview</a> by the Digital Solution&#8217;s Katherine Boehret with McCue at the <strong>All Things Digital</strong> event, <strong>D: Dive Into Mobile</strong>, in December:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=69A0F362-6363-4BD7-9D9A-D5F43AEAB3E7&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={69A0F362-6363-4BD7-9D9A-D5F43AEAB3E7}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p>(Full disclosure: <strong>ATD</strong> is part of <a href="http://networkeffect.allthingsd.com/20101202/flipboard-partners-with-web-publishers-for-full-content-full-disclosure-including-atd/">Flipboard&#8217;s publisher beta</a> program.)</p>
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		<title>Asana Hires &quot;COO-Type&quot;&#8211;Van Zant First Biz Side Hire for Workplace Collaboration Start-Up</title>
		<link>http://allthingsd.com/20110321/asana-hires-coo-type-van-sant-first-biz-side-hire-for-group-collaboration-start-up/</link>
		<comments>http://allthingsd.com/20110321/asana-hires-coo-type-van-sant-first-biz-side-hire-for-group-collaboration-start-up/#comments</comments>
		<pubDate>Tue, 22 Mar 2011 01:19:47 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Enterprise]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=41770</guid>
		<description><![CDATA[As it gets ramped up for a wider launch, Asana, the high-profile group collaboration start-up founded by top former Facebook execs, has hired former SolarWinds product strategy exec Kenny Van Zant in a "COO-type of role."

Co-founders Dustin Moskovitz and Justin Rosenstein remain at the top of the leadership at the San Francisco company, which--perhaps in keeping with its yoga-style name--does not have official titles.

But Van Zant will essentially fulfill the COO role, focusing on bringing Asana to the enterprise market in a socially-fueled "bottom-up" approach.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2011/03/Kenny-Van-Zant-1.jpeg"><img src="http://kara.allthingsd.com/files/2011/03/Kenny-Van-Zant-1.jpeg" alt="" title="Kenny Van Zant-1" width="140" height="140" class="alignright size-full wp-image-41773" /></a></p>
<p>As it gets ramped up for a wider launch, Asana, the high-profile workplace collaboration start-up founded by top former Facebook execs, has hired former SolarWinds product strategy exec <a href="http://www.linkedin.com/in/kennyvanzant">Kenny Van Zant</a> in a &#8220;COO-type of role.&#8221;</p>
<p>Van Zant, who will be Asana&#8217;s first business-side hire, has also worked at a variety of tech companies, including Cisco.</p>
<p>Co-founders Dustin Moskovitz and Justin Rosenstein remain at the top of the leadership at the productivity software company, which&#8211;perhaps in keeping with its yoga-style name&#8211;does not have official titles.</p>
<p>But Van Zant will essentially fulfill the COO role, focusing on bringing Asana to the enterprise market in a socially-fueled, &#8220;bottom-up&#8221; approach.</p>
<p>&#8220;We now have a great product and are ready for our next phase of bringing it to the market,&#8221; said Moskovitz, in an interview this afternoon with BoomTown. &#8220;While Justin and I continue to work on product and engineering, Kenny will be the driver of that launch.&#8221;</p>
<p>Specifically, in a blog post today, Moskovitz wrote:</p>
<p>&#8220;Kenny will be leading functions outside of product and engineering, and serve as a key driver for Asana&#8217;s marketing and corporate strategy.&#8221;</p>
<p>Asana, which is aimed at helping people work on projects together in groups, is now in private beta.</p>
<p>It tackles the often unexciting, but very large and problematic, workplace collaboration and communications software market.</p>
<p>In Sanskrit, “asana” means “sitting down” and refers to strong but relaxed postures in yoga, which presumably means the product will help frustrated workers achieve a digital form of nirvana.</p>
<p>The San Francisco-based start-up, which <a href="http://kara.allthingsd.com/20091124/asana-gets-9-million-no-its-not-yoga-stance-its-a-new-start-up-from-former-facebookers">has raised $9 million</a> in venture funding from Benchmark Capital and Andreessen Horowitz, now has 15 employees.</p>
<p>Asana had previously garnered just over $1 million in an angel round, which included a spate of Silicon Valley bigwigs.</p>
<p>Still, it has not, thankfully, received the intense hype of other innovative start-ups from former Facebookers&#8211;<em>hello, Quora!</em></p>
<p>That said, many who are using Asana think it will make a huge splash as it is rolled out and attempts to bring consumer-style tools to the workplace.</p>
<p>There are, of course, a range of companies doing this in different ways&#8211;from Jive to Yammer to LinkedIn and to a variety of cloud-based enterprise efforts by Google and Microsoft.</p>
<p>In an interview, Van Zant said the time was ripe for big changes in the way enterprise-aimed products were bought and sold.</p>
<p>&#8220;I will be focused on selling our enterprise software product from the bottom up, rather than targeting the CIO,&#8221; said Van Zant. &#8220;It is clear the world of enterprise is being impacted by consumer behavior.&#8221;</p>
<p>While he does not start until Monday, Van Zant speculated that Asana&#8217;s free product offering will remain, with a premium version to come.</p>
<p>Benchmark&#8217;s Matt Cohler, who made the Asana investment for the firm and is on its board, said the time is right for such businesses aimed at enterprise transformation.</p>
<p>&#8220;Kenny wrote the book on this at SolarWinds,&#8221; he said. &#8220;The consumerization of the enterprise isn&#8217;t going to happen&#8211;it already has.&#8221;</p>
<p>Here is a <a href="http://asana.com/2011/02/asana-demo-vision-talk/">demo video</a> Asana put out in February of an open house, as well as the <a href="http://asana.com/2011/03/introducing-kenny-van-zant/">blog post</a> from Asana on the Van Zant hire:</p>
<p><iframe src="http://player.vimeo.com/video/19678551" width="400" height="226" frameborder="0"></iframe>
<p><a href="http://vimeo.com/19678551">Asana Open House</a> from <a href="http://vimeo.com/user5965563">Jerry Phillips</a> on <a href="http://vimeo.com">Vimeo</a>.</p>
<blockquote class="memo"><p>Justin and I are excited to welcome Kenny Van Zant as the newest member of the Asana team. Kenny will be leading functions outside of product and engineering, and serve as a key driver for Asana&#8217;s marketing and corporate strategy.</p>
<p>Until now we&#8217;ve focused primarily on developing the Asana product into the best of class solution for task management and project execution. Encouraged by positive feedback from the early adopters in our beta program, we&#8217;re now preparing for the company&#8217;s next phase&#8211;bringing this technology to the rest of the market&#8211;and we can&#8217;t imagine a better partner than Kenny to drive this strategy and build a strong organization to support it. At SolarWinds, Kenny helped pioneer the bottom-up distribution model for selling software and SaaS into enterprises and small businesses&#8211;a sales approach we plan to develop further at Asana. This experience, together with an almost uncanny overlap of values, made it clear that Kenny is the right fit.</p>
<p>While finding Kenny concludes a long search for the right leader of Asana&#8217;s business operations, we are continuing to grow the team, looking for passionate designers and engineers to join us in our common purpose: using software to help groups of people work together more effectively.</p>
<p>&#8211;Dustin</p>
<p>Kenny Van Zant is a technology entrepreneur with leadership experience in start-ups and public companies. Kenny was most recently the SVP and Chief Product Strategist for SolarWinds (NYSE: SWI) from 2006-2010, where he was responsible for products, marketing, and corporate strategy. At SolarWinds, Kenny helped pioneer a disruptive business model for selling software and SaaS into the enterprise and SMB segments from the &#8220;bottom-up,&#8221; using inside sales, online marketing, free products, and a loyal user community. Based on a unique combination of growth and profitability, SolarWinds enjoyed a successful IPO in May of 2009.</p>
<p>Prior to SolarWinds, Kenny was the EVP of Marketing and GM of the Communications BU for Motive (NASD: MOTV) and the co-founder and COO for BroadJump (acquired by Motive), where he managed the company&#8217;s growth from start-up in 1999 to over $60M in revenue and 350 global employees within 3 years.</p>
<p>Kenny has a BS in Electrical and Computer Engineering from the University of Texas at Austin.</p></blockquote>
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		<title>Path: The Social App That&#039;s Not Viral (By Design)</title>
		<link>http://allthingsd.com/20101114/path-the-social-app-thats-not-viral-by-design/</link>
		<comments>http://allthingsd.com/20101114/path-the-social-app-thats-not-viral-by-design/#comments</comments>
		<pubDate>Mon, 15 Nov 2010 05:00:26 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[Mobile]]></category>
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		<guid isPermaLink="false">http://networkeffect.allthingsd.com/?p=324</guid>
		<description><![CDATA[While there are many interesting photo-sharing apps out these days, Dave Morin and Path are the most convincing about there being a larger idea behind what they're doing. San Francisco-based Path is stubbornly focused on close personal connections--a.k.a. real friends.]]></description>
			<content:encoded><![CDATA[<p>Silicon Valley is in the midst of a mini photo-sharing app boomlet. We have <a href="http://instagr.am/">Instagram</a> (which started adding 100,000 users per week as soon as it launched last month), <a href="http://picplz.com/">Picplz</a> (which beat out Instagram to get a <a href="http://mediamemo.allthingsd.com/20101110/no-its-not-instagram-photo-sharing-app-picplz-raises-5-million/">Series A</a> round with their shared investor, Andreessen Horowitz) and as of tonight <a href="https://www.path.com/">Path</a>, from former Facebook exec Dave Morin.</p>
<p><div id="attachment_331" class="wp-caption alignright" style="width: 160px"><img src="http://networkeffect.allthingsd.com/files/2010/11/DaveMorin-150x150.png" alt="" title="DaveMorin" width="150" height="150" class="size-thumbnail wp-image-331" /><p class="wp-caption-text">Dave Morin</p></div></p>
<p>All three companies make mobile apps (primarily on the iPhone) that allow users to take and immediately share images with friends. It seems kind of simple and mundane, but all these smart people seem to think photo-sharing is the future.</p>
<p>Morin and Path are the most convincing about there being a larger idea behind what they&#8217;re doing. San Francisco-based Path is stubbornly focused on close personal connections&#8211;a.k.a. real friends.</p>
<p>Unlike every other social site, where there&#8217;s an implicit pressure to collect as many friends and followers as you can (and at the same time increase the site&#8217;s user numbers), Path is only for the people you really know and trust.</p>
<p>In order to force and foster that kind of sharing, Morin&#8217;s team has left out many of the social Web features we&#8217;re used to. Users can do only two things on Path: Share photos and view them.</p>
<p>There are no reciprocal friend relationships, no likes or comments, no fun photo-editing filters, no publishing photos to services like Facebook and Flickr, no editing something after you post and no global user search (you have to know the email or phone number for anyone you want to add).</p>
<p>And there are additional restrictions. Users can only ever share with a maximum of 50 people (though they can follow more than 50 people, if invited). Every single post has its own privacy settings&#8211;you can share with either only the people tagged in it, or only your share list. If you get sick of someone who&#8217;s sharing with you, you can &#8220;pause&#8221; that person until further notice. Users who don&#8217;t have iPhones can view photos on the Web.</p>
<p><img src="http://networkeffect.allthingsd.com/files/2010/11/IMG_0626-200x300.jpg" alt="" title="IMG_0626" width="200" height="300" class="alignleft size-medium wp-image-330" />The most interesting feature for me is that users see which of their contacts have viewed any one photo. So on Path, you can&#8217;t lurk in peace. People know when you&#8217;ve seen their posts. This might be a little creepy, but it also could cut down on those annoying awkward conversations that sometimes happen when you&#8217;ve seen someone post about something online and then they start telling you about it in person.</p>
<p>Photos are tagged with the location where they&#8217;re taken automatically, and users can add people and tags. If someone else takes a picture at that same location, tags that have been previously used near that place recently will be at the top of the list.</p>
<p>The idea is those tags will be used to help users relive their memories stored on the service. So, for instance, someone Morin shares with could retrace his &#8220;path&#8221; of wine tasting in Napa by zooming in on a map of the pictures he posted from California wine country.</p>
<p>But the thing is, if you want to go try Path (which you&#8217;ll be able to do in the U.S. and Canada as of 9 pm PT tonight by going to <a href="http://itunes.apple.com/us/app/path/id403639508?mt=8">Apple&#8217;s App Store</a>, and in the rest of the world within a few hours), it&#8217;s going to seem rather empty at first. You&#8217;ll have to seek out friends to share with from scratch&#8211;but even worse, nobody will be sharing with you until they decide to add you.</p>
<p>Unlike just about every other social service, Path is not really viral. At all. So even though it&#8217;s interesting, its numbers are highly unlikely to correspond favorably to those of competitors like Instagram. And after all, how many mobile photo-sharing apps are you really going to use?</p>
<p>&#8220;We really prioritize slow organic growth over hyper-viral growth and going after influencers to build this really steep graph,&#8221; said Morin, who formerly helped lead Facebook Platform and Facebook Connect before leaving the company in January. &#8220;We are building Path to be a 30-year brand.&#8221;</p>
<p>He added, &#8220;Many of the photo-sharing apps are photo-blogging apps and popularity contests. On Path, you should always feel comfortable being yourself.&#8221;</p>
<p>This antiviral stuff almost seems like overkill, but Morin grounds Path&#8217;s feature decisions in the theories of the evolutionary anthropologist Robin Dunbar (known for the oft-cited &#8220;Dunbar&#8217;s Number&#8221; of 150 acquaintances, he also proposes that 40-60 people is the outer bound of our personal networks) and Nobel prize-winning psychologist Daniel Kahneman (who talked about the difference between experience and memory in a <a href="http://www.ted.com/talks/daniel_kahneman_the_riddle_of_experience_vs_memory.html">well-received TED Talk</a> on happiness).</p>
<p>If this hyper-personal stuff works, I think Path could potentially create a third major category of social network, distinct from the kind of relationships found on the two current giants, Facebook and Twitter. But let&#8217;s not get too far ahead of ourselves&#8211;and c&#8217;mon Dave, you should really let people comment on and like their friends&#8217; photos.</p>
<p>Path was co-founded by Morin, Shawn Fanning and Dustin Mierau, both formerly of Napster. The staff also includes Mallory Paine, who helped engineer the iPhone photo and camera apps for Apple, and Matt Van Horn, who formerly did business development at Digg. Fanning is chairman and landlord of the company but is working on his own other projects day-to-day.</p>
<p>Path has already raised a jumbo seed round with Index Ventures, First Round Capital, Founders Fund and Betaworks. The company also provided us with an extensive list of individual angel investors: Ron Conway, Kevin Rose, Ashton Kutcher, Keith Rabois, Dustin Moskovitz, Marc Benioff, Gary Vaynerchuk, Steve Anderson, Tim Draper, Joi Ito, Fadi Ghandour, Matt Cohler, Sam Lessin, Bill Randuchel, Karl Jacob, Paul Buchheit, Ruchi Sanghvi, John Couch, Michael Parekh, Claudio Chiuchiarelli, Maurice Werdegar, Don Dodge, and Chris Kelly.</p>
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		<slash:comments>18</slash:comments>
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		<title>&quot;The Social Network&quot; Is Just as Brutal as Mark Zuckerberg Feared</title>
		<link>http://allthingsd.com/20100913/the-social-network-is-just-as-brutal-as-mark-zuckerberg-feared/</link>
		<comments>http://allthingsd.com/20100913/the-social-network-is-just-as-brutal-as-mark-zuckerberg-feared/#comments</comments>
		<pubDate>Mon, 13 Sep 2010 17:41:12 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=23405</guid>
		<description><![CDATA[It's hard to feel sorry for a billionaire. But here I am, feeling bad for Mark Zuckerberg. If you see the "The Social Network" you're probably going to feel bad for him, too. I've seen the film, and can report back that it's just as rough on the Facebook CEO as his people feared it would be.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2010/09/social-network.png"><img class="alignright size-medium wp-image-23404" title="social network" src="http://mediamemo.allthingsd.com/files/2010/09/social-network-275x216.png" alt="" width="250" height="196" /></a>It&#8217;s hard to feel sorry for a billionaire. But here I am, feeling bad for Mark Zuckerberg. If you see the &#8220;The Social Network&#8221; you&#8217;re probably going to feel bad for him, too.</p>
<p>I saw a screening of the movie last week, and can report back that it&#8217;s just as rough on the Facebook CEO  <a href="http://kara.allthingsd.com/20100913/the-new-yorkers-face-of-facebook/">as his people feared it would be</a>.</p>
<p>Not because of scandalous scenes involving sex and drugs&#8211;there aren&#8217;t many of those, and they&#8217;re quite tame*. It&#8217;s because the film portrays him as an insecure jerk who screws over people and becomes a much-richer insecure jerk.</p>
<p>At the end of the movie, there&#8217;s a suggestion that Zuckerberg may not actually <em>be</em> a jerk&#8211;he may just be someone who <em>acts</em> like one. That&#8217;s about it when it comes to the upside of his character: He&#8217;s the bad guy in his own creation myth.</p>
<p>But I liked the movie a lot&#8211;I&#8217;ll see it again once it comes out in October. And given that you&#8217;re seeing these words, it&#8217;s a good bet that you will, too. If you like reading about start-ups and growth rates and valuation, then you&#8217;ll like seeing it on a big screen, right?</p>
<p>The best hope for Zuckerberg and his team is that the wider audience for this one could be relatively small.</p>
<p>The movie may not be accurate&#8211;it&#8217;s based largely on Ben Mezrich&#8217;s  &#8220;The Accidental Billionaires,&#8221; which Mezrich admits has many doses of make-believe&#8211;but there is lots of inside tech/investing baseball here**, and it spends a lot of time in lawyers&#8217; conference rooms. It&#8217;s a dark movie with a climax that hinges on stock dilution, and the only vampire to be seen is Justin Timberlake&#8217;s version of Sean Parker.</p>
<p>So that may be a hard sell for a really big audience, at least at first. But no matter how well it does, it&#8217;s the only version of Mark Zuckerberg that most people are going to know about, and it&#8217;s a terribly unflattering one.</p>
<p>If that doesn&#8217;t make you feel at least a twinge of sympathy for the guy, then I definitely don&#8217;t want to be your Facebook friend.</p>
<p>*Note for Henry Blodget and crew: The coke and boobs scene made it into the movie but the girls keep their bras on. There is also a scene involving a 12-foot bong, which Zuckerberg is not involved in, and another one involving two couples having bathroom sex. He is in that one.</p>
<p>**The movie is chock-full of real names that the start-up set will recognize, from Dustin Moskovitz to Peter Thiel,  but there&#8217;s one glaring omission. Sequoia Capital and partner Mike Moritz, both singled out by name in a version of Aaron Sorkin&#8217;s script that surfaced last year, have been replaced with fictional entities in the final cut. Would love to know the backstory there&#8230;.</p>
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		<title>Another Teaser Trailer for The Facebook Movie: 100 Percent More Poking of Zuckerberg!</title>
		<link>http://allthingsd.com/20100708/another-teaser-trailer-for-the-facebook-movie-100-percent-more-poking-of-zuckerberg/</link>
		<comments>http://allthingsd.com/20100708/another-teaser-trailer-for-the-facebook-movie-100-percent-more-poking-of-zuckerberg/#comments</comments>
		<pubDate>Thu, 08 Jul 2010 23:08:59 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=30362</guid>
		<description><![CDATA[Here's another teaser trailer for "The Social Network," which makes it clear that the movie is going to be a warts-and-all-and-then-more warts portrait of the beginnings of Facebook.

Most maligned: Co-founder and CEO Mark Zuckerberg, who seems to be portrayed as a social networking sociopath.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/07/Lasttimepokingcat-275x248.jpg" alt="" title="Lasttimepokingcat" width="275" height="248" class="alignright size-medium wp-image-30365" /></p>
<p>Here&#8217;s another teaser trailer for &#8220;The Social Network,&#8221; which makes it clear that the movie is going to be a warts-and-all-and-then-more warts portrait of the beginnings of Facebook.</p>
<p>Most maligned: Co-founder and CEO Mark Zuckerberg, who seems to be portrayed as a social networking sociopath.</p>
<p>Unlike the first&#8211;which uses single words such as &#8220;punk&#8221; and &#8220;genius,&#8221; foreboding music and some dialogue about the Web that sounds downright scary&#8211;this one uses a series of typed Wall messages on Facebook among its founders, including Zuckerberg, Dustin Moskovitz and Eduardo Saverin.</p>
<p>Also making a special guest appearance: The Winklevoss brothers, who have claimed Zuckerberg stole the idea for Facebook (and whom BoomTown has affectionately dubbed The Winklevii!)</p>
<p>It&#8217;s all very intense, as you will see, especially the last line, uttered like there is some sort of sharp weapon involved: &#8220;You better lawyer up, since I&#8217;m coming back for <em>everything</em>!!!&#8221;</p>
<p><em>Rut-roh!</em></p>
<p>The marketing of this film about the Silicon Valley phenom should be pretty interesting to watch. Yesterday, I reported that Sony (SNE) studio unit <a href="http://kara.allthingsd.com/20100707/the-facebook-movie-will-not-be-using-facebook-to-market-the-facebook-movie-online/">Columbia Pictures will not be using Facebook</a> to advertise &#8220;The Social Network,&#8221; due to issues around its advertising parameters.</p>
<p>But there are fan pages for the movie on Facebook, so apparently all is fair in, well, war and war.</p>
<p>Adding more fuel to the fire, it was just announced today the movie will open the <a href="http://www.filmlinc.com/nyff/index.html">New York Film Festival</a> on September 24th (Elliot, will you attend with me?)</p>
<p>So, until the movie is out, here&#8217;s the new video of the trailer, with the first below it:</p>
<p><object width='380' height='313' id='flash46347' classid='clsid:D27CDB6E-AE6D-11cf-96B8-444553540000'><param name='movie' value='http://flash.sonypictures.com/video/universalplayer/sharedPlayer.swf'></param><param name='allowFullscreen' value='true'></param><param name='allowNetworking' value='all'></param><param name='allowScriptAccess' value='always'></param><param name='flashvars' value='feed=http%3A//www.sonypictures.com/previews/movies/thesocialnetwork.xml&#038;clip=2256'></param><embed src='http://flash.sonypictures.com/video/universalplayer/sharedPlayer.swf' width='380' height='313' type='application/x-shockwave-flash' flashvars='feed=http%3A//www.sonypictures.com/previews/movies/thesocialnetwork.xml&#038;clip=2256' allowNetworking='all' allowscriptaccess='always' allowfullscreen='true'></embed></object></p>
<p><object width='380' height='313' id='flash97991' classid='clsid:D27CDB6E-AE6D-11cf-96B8-444553540000'><param name='movie' value='http://flash.sonypictures.com/video/universalplayer/sharedPlayer.swf'></param><param name='allowFullscreen' value='true'></param><param name='allowNetworking' value='all'></param><param name='allowScriptAccess' value='always'></param><param name='flashvars' value='feed=http%3A//www.sonypictures.com/previews/movies/thesocialnetwork.xml&#038;clip=2189'></param><embed src='http://flash.sonypictures.com/video/universalplayer/sharedPlayer.swf' width='380' height='313' type='application/x-shockwave-flash' flashvars='feed=http%3A//www.sonypictures.com/previews/movies/thesocialnetwork.xml&#038;clip=2189' allowNetworking='all' allowscriptaccess='always' allowfullscreen='true'></embed></object></p>
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		<title>Asana Gets $9 Million (No, It's Not a Yoga Stance&#8211;It's a Workplace Productivity Start-Up From Former Facebookers)</title>
		<link>http://allthingsd.com/20091124/asana-gets-9-million-no-its-not-yoga-stance-its-a-new-start-up-from-former-facebookers/</link>
		<comments>http://allthingsd.com/20091124/asana-gets-9-million-no-its-not-yoga-stance-its-a-new-start-up-from-former-facebookers/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 18:00:07 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Enterprise]]></category>
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		<category><![CDATA[Andreessen Horowitz]]></category>
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		<category><![CDATA[board]]></category>
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		<category><![CDATA[Dustin Moskovitz]]></category>
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		<category><![CDATA[Justin Rosenstein]]></category>
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		<category><![CDATA[yoga]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=21017</guid>
		<description><![CDATA[Yet another goofy Silicon Valley name did not prevent Asana--the productivity software start-up founded by former Facebookers Dustin Moskovitz and Justin Rosenstein--from nabbing $9 million in funding from Benchmark Capital and Andreessen Horowitz.

The round, which was announced today, will be used to turbocharge Asana and its small team, who are aiming at the very dull and unexciting but very large and problematic workplace collaboration and communications market.

In Sanskrit, "asana" means "sitting down" and refers to strong but relaxed postures in yoga--so presumably, Moskovitz and Rosenstein are trying to help frustrated workers achieve a digital form of nirvana.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/11/workyoga.jpg"><img src="http://kara.allthingsd.com/files/2009/11/workyoga-250x265.jpg" alt="workyoga" title="workyoga" width="250" height="265" class="alignright size-medium wp-image-21018" /></a></p>
<p>Yet another goofy Silicon Valley name did not prevent Asana&#8211;the workplace productivity software start-up founded by former Facebookers Dustin Moskovitz and Justin Rosenstein&#8211;from nabbing $9 million in funding from Benchmark Capital and Andreessen Horowitz.</p>
<p>The round, which was announced today, will be used to turbocharge Asana and its small team, who are aiming at the very dull and unexciting but very large and problematic workplace collaboration and communications software market.</p>
<p>In Sanskrit, &#8220;asana&#8221; means &#8220;sitting down&#8221; and refers to strong but relaxed postures in yoga&#8211;so presumably, Moskovitz and Rosenstein are trying to help frustrated workers achieve a digital form of nirvana.</p>
<p>Former Facebooker Matt Cohler, now at Benchmark, will have a seat on the Asana board. Asana had previously raised just over $1 million in an angel round, which included a spate of Silicon Valley bigwigs.</p>
<p>In an interview today, Rosenstein said that solving the &#8220;friction of communications&#8221; in the workplace by innovating via &#8220;information transparency&#8221; was Asana&#8217;s goal.</p>
<p>But, said Rosenstein, &#8220;We are not taking existing tools and porting it over the to Web&#8230;but rethinking how people can productively work together.&#8221;</p>
<p>He added: &#8220;We want to change the way you manage information and how you keep everyone on the same page&#8230;there are tons of misses here everyday in the workplace and it is death by 1,000 cuts.&#8221;</p>
<p>Moskovitz said he was always trying to solve such issues at Facebook, the social networking site he co-founded and where he once was CTO.</p>
<p>Ticking off a variety of workplace collaboration tools he employed, including some newer Web-based ones such as Yammer, Moskovitz said, &#8220;We could not find any easy solution, because there is not any one that answers all your issues.&#8221;</p>
<p>The pair said they had working product that was being used internally at the company, but would not say when one would be released publicly.</p>
<p>Finding one would obviously be a magic bullet, said Benchmark&#8217;s Cohler.</p>
<p>&#8220;This is a really big existing problem that no one has solved,&#8221; he said.</p>
<p>Here&#8217;s the press release:</p>
<blockquote class="memo"><p><strong>Asana Announces $9 Million in Funding from Benchmark Capital and Andreessen Horowitz</strong></p>
<p>11/24/2009</p>
<p>The challenge of groups of people working together effectively is fundamental to human endeavor, but the state of the art falls far short of real efficiency. Despite advances like email and wikis, the friction and overhead of communication remain acutely painful to organizations large and small. Group leaders spend an enormous portion of their time trying to keep everyone on the same page, and knowledge workers struggle daily with inadequate, disparate tools to wrangle the information they need to do their jobs.</p>
<p>The technical hurdles to building the right system to address these problems are immense, and the design challenges subtle and complex. The Asana team has thought deeply about these problems for many years, in leadership roles at some of the world&#8217;s best software companies. We are undertaking an ambitious project to tackle them with a vision that reimagines the way people manage information, to speed up knowledge work and communication by an order of magnitude. This is not another enterprise application suite, nor is it an ajaxification of existing desktop software concepts; it is a new kind of software product, built for the Web from the ground up, with a focus on speed, collaboration, and ease of use.</p>
<p>To help us build the company, we&#8217;re bringing in Benchmark Capital and Andreessen-Horowitz. The partners at these firms bring a tremendous amount of experience building companies and helping entrepreneurs reach their goals. Benchmark is leading the $9 million round of funding, and Matt Cohler, with whom we already have a close, trusting relationship, will have a seat on the board. Andreessen-Horowitz is the only other VC firm participating, and we&#8217;ve already started enjoying the benefits of Marc&#8217;s and Ben&#8217;s great wisdom.</p>
<p>We plan to use the funding most immediately for growing our team. We&#8217;re currently mobilizing a group of world-class peers, and looking for passionate engineers and UI designers to join us. We need people to help us tackle some of the hardest software engineering and computer science problems, including developing a ground-breaking programming system that decimates the time required to build a web application end-to-end.</p>
<p>&#8220;When you look at the sheer talent, vision and ability to execute that Dustin and Justin demonstrated at Facebook and Google, you know something big can happen here. In addition to being two of the world&#8217;s best engineers in their own right, they have an extraordinary ability to rally teams around a vision like very few people can, and they are putting together a world-class team of people at Asana. This is a company with limitless potential.&#8221; &#8211;Matt Cohler, general partner, Benchmark Capital</p></blockquote>
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		<title>How to Use Facebook for Something Besides Hooking Up and Throwing Sheep</title>
		<link>http://allthingsd.com/20081204/how-to-use-facebook-for-something-besides-hooking-up-and-throwing-sheep/</link>
		<comments>http://allthingsd.com/20081204/how-to-use-facebook-for-something-besides-hooking-up-and-throwing-sheep/#comments</comments>
		<pubDate>Thu, 04 Dec 2008 13:00:56 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=1647</guid>
		<description><![CDATA[Some of us cynical types used to wonder if Facebook would ever amount to anything beyond a place to throw sheep at your friends. Silly us! While we were really talking about Facebook's ability to generate revenue, and eventually a profit, Facebook's users have had more ambitious goals: Changing the world. That, at least, is the theme of the grandly named "Alliance of Youth Movements Summit," which kicks off today at Columbia Law School.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2008/12/farc.jpg"><img class="alignright size-medium wp-image-1652" title="farc" src="http://mediamemo.allthingsd.com/files/2008/12/farc-300x225.jpg" alt="" width="250" height="187" /></a>In the old days, way back in 2007, <a href="http://kara.allthingsd.com/20071009/the-childrens-hour-facebook-apps-are-for-toddlers-there-we-said-it/">some of us cynical types</a> wondered if Facebook would ever amount to anything beyond a place to throw sheep at your friends. Silly us! While we were really talking about Facebook&#8217;s ability to generate revenue, and eventually a profit, Facebook&#8217;s users have had more ambitious goals: Changing the world.</p>
<p>That, at least, is the theme of the grandly named <a href="http://info.howcast.com/youthmovements/summit/">&#8220;Alliance of Youth Movements Summit,&#8221;</a> which kicks off today at Columbia Law School. The two-day event, organized by video start-up Howcast, is supposed help activists brainstorm ways to use Facebook and other social media to organize themselves and garner attention.</p>
<p>This is heady stuff, but there is some real-world grounding there: Organizers of a protest against <a href="http://en.wikipedia.org/wiki/Revolutionary_Armed_Forces_of_Colombia">FARC</a>, the Columbian terrorists, credit Facebook with helping them rally millions of people against the group in February.</p>
<p>The man who organized that movement, Oscar Morales, will appear at the summit, and so will Facebook co-founder Dustin Moskovitz. I&#8217;m also interested to hear from members of the Obama campaign&#8217;s Internet team, who will appear Friday. And, um, so will I: I&#8217;m moderating a panel of media worthies, including MSNBC&#8217;s Luke Russert.</p>
<p>A full schedule is <a href="http://info.howcast.com/youthmovements/summit/agenda">here</a>, and if you can&#8217;t make the event in person, you should be able to tune in via Webcast at <a href="http://youthmovements.howcast.com/">Howcast&#8217;s page</a>.</p>
<p>[<em>Image Credit: <a href="http://www.flickr.com/photos/equinoxio/2245212906/">equinoXio</a></em>] </p>
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		<title>Time to Poach a Few More Googlers, Eh, Mark?</title>
		<link>http://allthingsd.com/20081006/time-to-poach-a-few-more-googlers-eh-mark/</link>
		<comments>http://allthingsd.com/20081006/time-to-poach-a-few-more-googlers-eh-mark/#comments</comments>
		<pubDate>Mon, 06 Oct 2008 21:11:13 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Enterprise]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=6296</guid>
		<description><![CDATA[Facebook manager Justin Rosenstein once described the social network as “the Google of yesterday, the Microsoft of long ago.” Today, Rosenstein perhaps views it as the Facebook of So Totally Last Week, because he’s leaving the company, along with departing Facebook co-founder Dustin Moskovitz.]]></description>
			<content:encoded><![CDATA[<blockquote><p>
Facebook really is That company. Which company? That one. That company that shows up once in a very long while&#8211;the Google of yesterday, the Microsoft of long ago. That company where large numbers of stunningly-brilliant people congregate and feed off each other&#8217;s genius. That company that&#8217;s doing with 60 engineers what teams of 600 can&#8217;t pull off. That company that&#8217;s on the cusp of Changing The World, that&#8217;s still small enough where each employee has a huge impact on the organization, where you think about working now and again, and where you know you&#8217;ll kick yourself in three years if you don&#8217;t jump on the bandwagon now, even after someone had told you that it was rolling toward the promised land. That company where everyone seems to be having the time of their life. &#8230; I&#8217;m serious. I have drunk from the Kool-Aid, and it is delicious.&#8221;</p>
<p>&#8211; <a href="http://paul.kedrosky.com/archives/2007/06/15/facebook_really.html">Facebook manager Justin Rosenstein, June 15, 2007</a></p>
</blockquote>
<p><img src="http://digitaldaily.allthingsd.com/files/2008/10/exit.jpg" alt="" title="exit" width="200" height="134" class="alignright size-full wp-image-6302" />Facebook manager Justin Rosenstein once described the social network as &#8220;the Google (GOOG) of yesterday, the Microsoft (MSFT) of long ago.&#8221; Today, Rosenstein perhaps views it as the Facebook of So Totally Last Week because<a href="http://online.wsj.com/article/SB122307190712803483.html"> he&#8217;s leaving the company, along with departing Facebook co-founder Dustin Moskovitz</a>. Together the two hope to develop some sort of new extensible enterprise productivity suite, something that will be &#8220;to your work life what Facebook.com is to your social life,&#8221; according to a post on <a href="http://www.new.facebook.com/note.php?note_id=33532232582">Rosenstein&#8217;s Facebook page</a>.</p>
<p>&#8220;We see this new venture as very complementary to Facebook,&#8221; Rosenstein explained. &#8220;We hope our products will become to your work life what Facebook.com is to your social life. Our software will use Facebook Connect as the default option for identity and authentication. Our user interface will adopt many of Facebook’s conventions, creating a seamless and familiar experience for current Facebook users. And if our new development tools turn out to be useful, we hope the Facebook engineering team will come to adopt them.&#8221;</p>
<p>The departures are a blow to Facebook, which has been suffering something of a brain drain recently, and more specifically, to CEO Mark Zuckerberg who founded the company with Moskovitz while the two were undergraduates at Harvard.</p>
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		<title>Facebook Deal or No Deal: The Way They Were</title>
		<link>http://allthingsd.com/20071021/facebook-deal-or-no-deal-the-way-they-were/</link>
		<comments>http://allthingsd.com/20071021/facebook-deal-or-no-deal-the-way-they-were/#comments</comments>
		<pubDate>Sun, 21 Oct 2007 09:09:17 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Adam D'Angelo]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Brandee Barker]]></category>
		<category><![CDATA[Chamath Palihapitiya]]></category>
		<category><![CDATA[David Sze]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Dustin Moskovitz]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Gideon Yu]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Jim Breyer]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Matt Cohler]]></category>
		<category><![CDATA[Owen Van Natta]]></category>
		<category><![CDATA[Peter Thiel]]></category>
		<category><![CDATA[social networking]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/20071021/facebook-deal-or-no-deal-the-way-they-were/</guid>
		<description><![CDATA[Since we are refraining from writing about the current deals being mulled over by Facebook (see this post and also this disclosure)&#8211;one for its international ad business with rivals Google and Microsoft vying for the privilege of losing money in a guaranteed revenue deal and another to complete a mega-round of funding that will value [...]]]></description>
			<content:encoded><![CDATA[<p>Since we are refraining from writing about the current deals being mulled over by Facebook (see this <a href="http://kara.allthingsd.com/20071015/facebook-funding-still-talking/">post</a> and also this <a href="http://allthingsd.com/about/kara-swisher/ethics/">disclosure</a>)&#8211;one for its international ad business with rivals Google and Microsoft vying for the privilege of losing money in a guaranteed revenue deal and another to complete a mega-round of funding that will value the hot social-networking site at $15 billion&#8211;BoomTown is bored!</p>
<p>And surly, given that we always have a lot to say about Facebook. (OK, <em>OK</em>, one tidbit: Its execs and investors have been disagreeing over how big a new investment to take&#8211;the operations folks want more cash and the VCs less dilution.)</p>
<p>That does not mean I do not hope to break news of what Facebook finally manages to decide to do, both with regard to partners and its funding, but that I will bow out of parsing this particular set of deals in excessive detail.</p>
<p>But our ennui got us thinking to back in mid-August, when we did a <a href="http://kara.allthingsd.com/20070816/the-men-and-no-women-facebook-of-facebook-management/">post making our own Facebook of the top execs there</a> using your basic corporate shots.</p>
<p>So now, before they become all rich and start flying private, we compiled from less corporate pictures we found right on Facebook and the Web&#8211;we were going for a more fun Facebook of the players here.</p>
<p>We used all the execs from the last one, but we also added one woman, PR maven Brandee Barker, as well as the three principal VCs.</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/mark.jpg' alt='mark' class='centered'/></p>
<p>Co-founder <strong>and CEO Mark Zuckerberg</strong> in a picture presumably taken at Harvard. He looks so young and naive. Kind of like now.</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/adam.jpg' alt='adam' width='380' height='313' class='centered'/></p>
<p>Zuckerberg best buddy and tech genius <strong>Adam D&#8217;Angelo</strong> (VP and CTO) on a thrilling night at Foo Camp! What could be more fun than an overhead projector and a room full of geeky guys!</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/dustin.jpg' alt='dustin' class='centered' /></p>
<p>Who knew co-founder and VP of Engineering <strong>Dustin Moskovitz</strong> was such a fox? His future is so bright, he needs those rad shades!</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/vannatta.jpg' alt='vannatta' width='380' height='313' class='centered'/></p>
<p>What deft bit of performance art is wacky <strong>Owen Van Natta</strong>, VP of Operations and Chief Revenue Officer, performing here? A meditation on life as an underling of various and sundry Web moguls&#8211;all Silly String and sorrows?</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/chamath.jpg' alt='chamath' width='380' height='313' class='centered'/></p>
<p>We have no idea what <strong>Chamath Palihapitiya</strong>, VP of Product Marketing and Operations, is doing, but it looks cool, and he&#8217;s dressed natty as always.</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/matt.jpg' alt='matt' class='centered'/></p>
<p>Hey, who also knew that VP of Strategy and Operations <strong>Matt Cohler</strong> was in a 1990s techno-rock duo? (Oh, he&#8217;s the one without the shades.)</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/gideon.jpg' alt='gideon' width='380' height='313' class='centered'/></p>
<p>VP and CFO <strong>Gideon &#8220;Death Cat&#8221; Yu</strong> used to have to drink from public fountains, but soon he&#8217;ll have his own, spewing only the finest champagne!</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/brandee.jpg' alt='brandee' width='380' height='313' class='centered'/></p>
<p>It is hard to know where to begin with this picture of PR head <strong>Brandee Barker</strong> (is she headed for the Castro Street Fair?). But I say: Own it, sister!</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/thiel.JPG' alt='thiel' width='380' height='313' class='centered'/></p>
<p>There are exactly zero interesting pictures of doubtlessly interesting Founders Fund VC <strong>Peter Thiel</strong> online (and we looked hard). That&#8217;s him on the right, looking the most normal of this PayPal crew.</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/jim.jpg' alt='jim' class='centered'/></p>
<p>Again, it is hard to know exactly what Accel Partners VC <strong>Jim Breyer</strong> is up to here, but we think the hat might be a new and exciting look for him.</p>
<p><img src='http://kara.allthingsd.com/files/2007/10/sze.jpg' alt='sze' width='340' height='283' class='centered'/></p>
<p>Greylock Partners VC <strong>David Sze</strong> is thinking really hard about how he can say Facebook is worth $15 billion and still keep a straight face and refrain from cackling in front of all the other VCs at Il Fornaio.</p>
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		<title>Attack of the Vice Presidents at Facebook</title>
		<link>http://allthingsd.com/20070831/attack-of-the-vice-presidents-at-facebook/</link>
		<comments>http://allthingsd.com/20070831/attack-of-the-vice-presidents-at-facebook/#comments</comments>
		<pubDate>Fri, 31 Aug 2007 08:37:07 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Adam D'Angelo]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Chamath Palihapitiya]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Dustin Moskovitz]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Gideon Yu]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Matt Cohler]]></category>
		<category><![CDATA[Owen Van Natta]]></category>
		<category><![CDATA[social networking]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/20070831/attack-of-the-vice-presidents-at-facebook/</guid>
		<description><![CDATA[While everyone has been focusing on the management roundelays at Yahoo this week, with President Sue Decker's announcement of changes in the company's ranks (here is my translation of her memo), the good folks over at Facebook have been quietly fine-tuning their titles.

So we are all up to date, here is the new--and much more helpful--Facebook page on top management.

And it seems now that all the executives at the hotter-than-ever social-networking company have become simple vice presidents (although some get extra titles, too).]]></description>
			<content:encoded><![CDATA[<p>While everyone has been focusing on the management roundelays at Yahoo this week, with President Sue Decker&#8217;s announcement of changes in the company&#8217;s ranks (here is my <a href="http://kara.allthingsd.com/20070830/yahoo-held-hostage-day-48-boomtown-decodes-the-memo-so-you-dont-have-to/">translation of her memo</a>), the good folks over at Facebook have been quietly fine-tuning their titles.</p>
<p>So we are all up to date, here is the new&#8211;and much more helpful&#8211;<a href="http://www.facebook.com/press/info.php?execbios">Facebook page on top management</a>.</p>
<p>And it seems now that all the executives at the hotter-than-ever social-networking company have become simple vice presidents (although some get extra titles, too).</p>
<p>While some were already VPs, it appears to all be part of a novel attempt at title deflation that is kind of admirable. No EVPs or SVPs or presidents or anything else.</p>
<p>While too many of the execs appear to be in charge of operations of some sort, it feels a bit clearer than before. And it definitely positions all the execs on the exact same level (almost like some commune!).</p>
<p>This was all set in motion, of course, with the <a href="http://kara.allthingsd.com/20070815/management-shuffle-at-facebook/">recent downgrade in title of COO Owen Van Natta</a>.</p>
<p>Of course, there is one who rules above all with the big title: Chief Executive Officer and Founder Mark Zuckerberg or, as I plan to call him when I see him next, the Man.</p>
<p>So, after the jump, is that skinny with pictures, of course, which is slightly different than when I posted my own <a href="http://kara.allthingsd.com/20070816/the-men-and-no-women-facebook-of-facebook-management/">Facebook of Facebook execs</a>:</p>
<p><span id="more-67123"></span></p>
<p><img src='http://kara.allthingsd.com/files/2007/08/zuckerberg.jpg' alt='zuckerberg' class='centered'/></p>
<p><strong>Mark Zuckerberg</strong> remains CEO and founder.</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/owen.jpg' alt='owen' class='centered'/></p>
<p><strong>Owen Van Natta</strong> was COO and is now vice president of operations and chief revenue officer.</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/chamath.jpg' alt='chamath' class='centered'/></p>
<p><strong>Chamath Palihapitiya</strong> is now vice president of product marketing and operations.</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/cohler.jpg' alt='cohler' class='centered'/></p>
<p><strong>Matt Cohler</strong> is now vice president of strategy and operations.</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/yu.jpg' alt='yu' class='centered'/></p>
<p><strong>Gideon Yu</strong> is now vice president and chief financial officer (and I like to call him Death Cat, too, because he is like that cat named Oscar for his unusual ability to get a sweet job at the hot Web company of the moment at just the right time).</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/dustin.jpg' alt='dustin' class='centered'/></p>
<p><strong>Dustin Moskovitz</strong> is now co-founder and vice president of engineering.</p>
<p> <img src='http://kara.allthingsd.com/files/2007/08/dangelo.jpg' alt='dangelo' class='centered'/></p>
<p><strong>Adam D&#8217;Angelo</strong> is now vice president and chief technology officer.</p>
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		<title>The Men and (No) Women Facebook of Facebook Management</title>
		<link>http://allthingsd.com/20070816/the-men-and-no-women-facebook-of-facebook-management/</link>
		<comments>http://allthingsd.com/20070816/the-men-and-no-women-facebook-of-facebook-management/#comments</comments>
		<pubDate>Thu, 16 Aug 2007 08:12:04 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Adam D'Angelo]]></category>
		<category><![CDATA[Chamath Palihapitiya]]></category>
		<category><![CDATA[Dustin Moskovitz]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Gideon Yu]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Matt Cohler]]></category>
		<category><![CDATA[Owen Van Natta]]></category>
		<category><![CDATA[social networking]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/20070816/the-men-and-no-women-facebook-of-facebook-management/</guid>
		<description><![CDATA[Yesterday, I posted on the management shifts at Facebook, most particularly the changing of COO Owen Van Natta's title to chief revenue officer and vice president of operations.

I also gave a rundown of all the top execs at the fast-growing social networking company and their duties (there are an awful lot of vice presidents with operations in their title, which I shall leave to another post to parse).

But, silly me, this is Facebook after all and I forgot the photos of each of the members of co-founder and CEO Mark Zuckerberg's brain trust, who will presumably make the popular site hugely profitable and an inevitable part of every man, woman and child's life on the planet.

Right, boys? (Because there are no ladies in this group.)]]></description>
			<content:encoded><![CDATA[<p>Yesterday, I posted on the <a href="http://kara.allthingsd.com/20070815/management-shuffle-at-facebook/">management shifts at Facebook</a>, most particularly the changing of Chief Operating Officer Owen Van Natta&#8217;s title to chief revenue officer and vice president of operations.</p>
<p>I also gave a rundown of all the top execs at the fast-growing social-networking company and their duties (there are an awful lot of vice presidents with operations in their title, which I shall leave to another post to parse).</p>
<p>But, silly me, this is <em>Facebook</em> after all, and I forgot the photos of each of the members of co-founder and CEO Mark Zuckerberg&#8217;s brain trust, who will presumably make the popular site hugely profitable and an inevitable part of every man, woman and child&#8217;s life on the planet.</p>
<p>Right, boys? (Because there are no ladies in this group.)</p>
<p>So here&#8217;s the dream team head shots and a little background on each below the photos from their bios on the site and elsewhere.</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/zuckerberg.jpg' alt='zuckerberg' class='centered'/></p>
<p><strong>Mark Zuckerberg</strong> needs no introduction these days what with all the magazine covers and morning news shows. My mother knows who he is now and my mother can hardly turn on a computer. But let&#8217;s try, shall we?: Harvard. Almost Quarterlifer. Co-founder. Flip-flop wearer. Genuine visionary with potentially Gatesian dreams of dominance over all he surveys. I think that about covers it.</p>
<p><span id="more-67077"></span></p>
<p><img src='http://kara.allthingsd.com/files/2007/08/owen.jpg' alt='owen' class='centered'/></p>
<p><strong>Owen Van Natta</strong> was COO and is now, as I said above, chief revenue officer and vice president of operations, where he is in charge of important parts of the business, like ad sales and other money-making efforts. Van Natta came to Facebook from his stint at Amazon.com, where he held the weighty title of vice president of worldwide business and corporate development and also was part of the founding team of its A9.com site. With a handsome surfer-dude look, is it any surprise he went to college at the University of California at Santa Cruz?</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/chamath.jpg' alt='chamath' class='centered'/></p>
<p><strong>Chamath Palihapitiya</strong>, who was born in Sri Lanka and was raised in Canada, was recently hired as Facebook&#8217;s vice president of marketing and operations. The former AOLer, where he was in charge of its instant-messaging division, is widely credited with turning it around. He also did a stint after AOL at the Mayfield Fund, where he waxed on in a section of its Web site about his love of poker, noting that he regularly played, &#8220;very high-limit or no-limit hold &#8216;em games in Los Angeles, Las Vegas and Atlantic City, and have played against many of today&#8217;s top pros.&#8221; We like him already.</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/cohler.jpg' alt='cohler' class='centered'/></p>
<p><strong>Matt Cohler</strong>, vice president of strategy and business operations, was one of Facebook&#8217;s earliest hires and feels like the Yoda figure at Facebook to me (he is also in charge of the critical international expansion). A New Yorker, he went to Yale, worked in China, was a management consultant at McKinsey and was also part of LinkedIn&#8217;s founding team. And don&#8217;t be fooled by the baby-faced looks&#8211;he apparently worked for a year as a jazz musician in Europe and, therefore, is a hep cat.</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/yu.jpg' alt='yu' class='centered'/></p>
<p><strong>Gideon Yu</strong> is also a recent hire at Facebook as its chief financial officer. Like that <a href="http://www.cnn.com/2007/US/07/25/death.cat.ap/index.html">cat named Oscar who can detect death</a>, Yu seems to have an amazing ability to get a sweet job at the hot Web company of the moment at just the right time. Case in point: He left Yahoo as its treasurer and went to YouTube as its CFO just a month before it sold to Google for $1.6 billion, a deal in which Yu apparently  played a key role. Then, on his way to a spot as a junior partner at also-hot VC firm Sequoia Partners, he grabbed the Facebook CFO job in July. I say we watch where Yu goes and follow stealthily behind so as not to be detected.</p>
<p><img src='http://kara.allthingsd.com/files/2007/08/dustin.jpg' alt='dustin' class='centered'/></p>
<p>Is it just me or does <strong>Dustin Moskovitz</strong> remind you of cuddly actor Seth Rogen from &#8220;Knocked Up&#8221; with his hair cut short? As Facebook&#8217;s vice president of product engineering, he oversees the site&#8217;s architecture and more (like mobile strategy and development). More importantly, the economics major shared that Harvard dorm room with Zuckerberg, where they and others created the service (while most other people&#8217;s college dorm mates basically drank beer and passed out).</p>
<p> <img src='http://kara.allthingsd.com/files/2007/08/dangelo.jpg' alt='dangelo' class='centered'/></p>
<p>Last but not least, Chief Technology Officer <strong>Adam D&#8217;Angelo</strong>, a longtime Zuckerberg pal. He&#8217;s in charge of keeping Facebook from breaking apart as it grows, kind of like Scotty in &#8220;Star Trek.&#8221; But there&#8217;s no warp drive that can save the site from all those surly college students and surlier Silicon Valley types if it all went kerflooey. His Facebook bio says the computer-science grad from the California Institute of Technology was one of the &#8220;top 24 finalists in the Topcoder Collegiate Challenge, which tests the ability to design and implement complex algorithms in a timed environment.&#8221; Color me impressed, even though I have no idea what that means.</p>
<p>In any case, I look forward to meeting you one and all.</p>
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		<title>No, Searching for a New Job Is Not an Appropriate Use of Your &#039;20% Time&#039;</title>
		<link>http://allthingsd.com/20070628/google-brain-drain/</link>
		<comments>http://allthingsd.com/20070628/google-brain-drain/#comments</comments>
		<pubDate>Thu, 28 Jun 2007 07:01:55 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Dustin Moskovitz]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[LinkedIn]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Reid Hoffman]]></category>
		<category><![CDATA[talent pool]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/20070628/google-brain-drain/</guid>
		<description><![CDATA[Google&#8217;s mission&#8211;to organize the world&#8217;s information-technology workers and make them financially successful&#8211;is growing more difficult these days as key employees exercise their options, stuff their pockets to bursting with the proceeds and move on. And who could blame them when options granted in 2003 with an average strike price of 49 cents are trading well [...]]]></description>
			<content:encoded><![CDATA[<p><img src='http://digitaldaily.allthingsd.com/files/2007/06/wealthwizardimage.jpg' alt='wealthwizardimage.jpg' /><a href="http://www.google.com/corporate/">Google&#8217;s mission</a>&#8211;to organize the world&#8217;s information-technology workers and make them financially successful&#8211;is growing more difficult these days as <a href="http://online.wsj.com/article/SB118299113663550893.html?mod=home_whats_news_us">key employees exercise their options, stuff their pockets to bursting with the proceeds and move on</a>. And who could blame them when options granted in 2003 with an average strike price of 49 cents are trading well north of $500, and upstart ventures like Facebook offer an opportunity to hit that sort of Google-sized upside a second time. &#8220;There are lot of people [at Google] who are talking about leaving now and what they want to do next,&#8221; Facebook co-founder and Engineering Vice President Dustin Moskovitz told The Wall Street Journal.</p>
<p>Comments like Moskovitz&#8217;s are a far cry from the accusations of talent-hoarding leveled at Google just a few years back. “Google is doing more damage to innovation in the Valley right now than Microsoft ever did,” LinkedIn founder Reid Hoffman told the New York Times in 2005. “It’s largely that they’re hiring up so many talented people, and the fact they’re working on so many different things. It’s harder for start-ups to do interesting stuff right now.”</p>
<p>Quite a contrast in perceptions, yeah? Funny, <a href="http://no2google.wordpress.com/2007/06/24/life-at-google-the-microsoftie-perspective/">how quickly the hottest-of-hot Valley companies can begin to lose currency</a> in tech&#8217;s talent pool. Not that we haven&#8217;t seen this sort of thing before.  &#8220;Twenty years from now, Google &#8230; will essentially become the Microsoft of today,&#8221; <a href="http://www.computerworld.com/action/article.do?command=viewArticleBasic&amp;articleId=9025838&amp;pageNumber=3">said management consultant David Goodenough</a>. &#8220;This is the norm.&#8221;</p>
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		<title>No, Searching for a New Job Is Not an Appropriate Use of Your '20% Time'</title>
		<link>http://allthingsd.com/20070628/google-brain-drain-2/</link>
		<comments>http://allthingsd.com/20070628/google-brain-drain-2/#comments</comments>
		<pubDate>Thu, 28 Jun 2007 07:01:55 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Dustin Moskovitz]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[LinkedIn]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Reid Hoffman]]></category>
		<category><![CDATA[talent pool]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/20070628/google-brain-drain/</guid>
		<description><![CDATA[Google&#8217;s mission&#8211;to organize the world&#8217;s information-technology workers and make them financially successful&#8211;is growing more difficult these days as key employees exercise their options, stuff their pockets to bursting with the proceeds and move on. And who could blame them when options granted in 2003 with an average strike price of 49 cents are trading well [...]]]></description>
			<content:encoded><![CDATA[<p><img src='http://digitaldaily.allthingsd.com/files/2007/06/wealthwizardimage.jpg' alt='wealthwizardimage.jpg' /><a href="http://www.google.com/corporate/">Google&#8217;s mission</a>&#8211;to organize the world&#8217;s information-technology workers and make them financially successful&#8211;is growing more difficult these days as <a href="http://online.wsj.com/article/SB118299113663550893.html?mod=home_whats_news_us">key employees exercise their options, stuff their pockets to bursting with the proceeds and move on</a>. And who could blame them when options granted in 2003 with an average strike price of 49 cents are trading well north of $500, and upstart ventures like Facebook offer an opportunity to hit that sort of Google-sized upside a second time. &#8220;There are lot of people [at Google] who are talking about leaving now and what they want to do next,&#8221; Facebook co-founder and Engineering Vice President Dustin Moskovitz told The Wall Street Journal.</p>
<p>Comments like Moskovitz&#8217;s are a far cry from the accusations of talent-hoarding leveled at Google just a few years back. “Google is doing more damage to innovation in the Valley right now than Microsoft ever did,” LinkedIn founder Reid Hoffman told the New York Times in 2005. “It’s largely that they’re hiring up so many talented people, and the fact they’re working on so many different things. It’s harder for start-ups to do interesting stuff right now.”</p>
<p>Quite a contrast in perceptions, yeah? Funny, <a href="http://no2google.wordpress.com/2007/06/24/life-at-google-the-microsoftie-perspective/">how quickly the hottest-of-hot Valley companies can begin to lose currency</a> in tech&#8217;s talent pool. Not that we haven&#8217;t seen this sort of thing before.  &#8220;Twenty years from now, Google &#8230; will essentially become the Microsoft of today,&#8221; <a href="http://www.computerworld.com/action/article.do?command=viewArticleBasic&amp;articleId=9025838&amp;pageNumber=3">said management consultant David Goodenough</a>. &#8220;This is the norm.&#8221;</p>
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