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	<title>AllThingsD &#187; Top Friends</title>
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		<title>Slide-ing into the Big Apple</title>
		<link>http://allthingsd.com/20080604/sliding-into-the-big-apple/</link>
		<comments>http://allthingsd.com/20080604/sliding-into-the-big-apple/#comments</comments>
		<pubDate>Thu, 05 Jun 2008 05:32:41 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<category><![CDATA[Social]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Funwall]]></category>
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		<category><![CDATA[Jason Bitensky]]></category>
		<category><![CDATA[Kara Swisher]]></category>
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		<category><![CDATA[Max Levchin]]></category>
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		<category><![CDATA[Slide]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[superpoke]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>
		<category><![CDATA[Top Friends]]></category>
		<category><![CDATA[West Village]]></category>
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		<description><![CDATA[In its ongoing bid to prove there is a robust and sustainable ad business in the social networking space, widgetmaker Slide opened a New York office and hired a big deal online ad exec.

Of course, because it has to be hip, the office is in the always trendy West Village, instead of uptown on Madison Avenue.]]></description>
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<p>In its ongoing bid to prove there is a robust and sustainable advertising business in the social-networking space, widget-maker Slide opened a New York City office and hired a big-deal online ad exec.</p>
<p>Of course, because it has to be hip, the office is in the always trendy West Village, instead of uptown in Manhattan on Madison Avenue.</p>
<p>The new director of ad sales is Jason Bitensky, who comes to Slide from his post as director of national sales at AOL (TWX) Media Networks/Platform-A. Previous to that, he worked at Comcast (CMCSA).</p>
<p>Until this hire, Slide had only four salespeople, all located at its San Francisco HQ, who sold campaigns and sponsorships for its third-party apps that are hugely popular on sites like Facebook and MySpace (NWS).</p>
<p>Advertisers are most definitely intrigued, experimenting all over the place and interested in different ways of engaging with consumers.</p>
<p>Nonetheless, they are still using tiny &#8220;innovation&#8221; budgets to test the space and have still not unlocked the treasure chests of big bucks that go to television.</p>
<p>In fact, here is an interesting <a href="http://online.wsj.com/article/SB121263403691747425.html">story on the ad issues apps-makers face in The Wall Street Journal</a> tomorrow.</p>
<p>The <em>not-so-much-money</em> quote: &#8220;The push by application companies means more players are competing over what is a relatively small pie. In 2007, U.S. marketers spent $600 million advertising on social media, a sliver of the $18 billion spent on interactive advertising that year, according to Forrester Research. The number is forecast to spike to $6.9 billion by 2012.&#8221;</p>
<p>Still, said Max Levchin, CEO of Slide, about the move in a statement: &#8220;The success of campaigns on our popular products, such as SuperPoke!, Top Friends and FunWall, has attracted the attention of not only top brands, but also top talent like Jason.&#8221;</p>
<p>BoomTown shall agree to disagree with our favorite widget king about SuperPoke&#8217;s potential as an ad vehicle.</p>
<p>But it is entirely true that Slide and other apps-makers have to convince big brands that the social-networking phenomenon is here to stay and is effective, well beyond its viral popularity and huge valuations given to companies in the space.</p>
<p>Earlier this year, Slide&#8211;founded in 2005&#8211;<a href="http://kara.allthingsd.com/20080118/slip-sliding-into-a-fortune/">got a $50 million round of funding that valued the company at $550 million</a>.</p>
<p>And here&#8217;s a disturbing, but very funny, spoof video about where all this SuperPoking eventually ends up:</p>
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