by Willy Franzen on March 18, 2010
I’m sure that you’ve heard plenty of people bemoan the fact that it’s nearly impossible to get users to pay for online content. Most people wouldn’t pay a single dollar to read a wonderful article from The New York Times. Maybe this will change eventually, but for now the “freeconomy” is giving many content producers fits. Some people who aren’t having a problem are the folks at Cambridge, MA based Forrester Research. They’re “an independent research company that provides pragmatic and forward-thinking advice to global leaders in business and technology,” and they consistently get people to pay hundreds or even thousands of dollars for their content. Most of the reason for this is the fact that they’re often selling to corporate clients who are a lot less price sensitive than individual users, but it’s still impressive. Buying research done by Forrester is a lot cheaper than doing the research yourself, so it’s a smart investment. That’s why Forrester Research was able to generate nearly a quarter billion dollars in revenue in 2008.
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by Willy Franzen on March 15, 2010
I’ve failed you. After two years of getting it right, I forgot to do a post for Pi Day yesterday. In 2008 we looked at jobs at Pi Media, and in 2009 we looked at jobs with The Mathematical Association of America. So, what does the guy who is late for the Pi Day party do when he was supposed to bring the pie? He obviously goes the Hostess Brands route—the cheapest and easiest way to get Fruit Pies at the last minute (I guess McDonald’s is your other option). It may not be like the pies that your grandma makes (my grandma makes an awesome Chocolate Dream Pie), but it gets the job done. And if you don’t like the Fruit Pies, you can rely on other favorites from the Irving, TX based baking company like Twinkies, Hostess Cupcakes, Sno Balls, Ding Dongs, HoHos, and even Wonder Bread for those of you who are lacking a sweet tooth.
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by Willy Franzen on February 19, 2010
I probably should have done this post last week in the days leading up to Valentine’s Day, but I still think it’s worth talking about New York City based OkCupid today. They’re a free online dating site that matches people based on what they say they find important. Since I’m not looking, I don’t usually come across dating sites in my daily Internet travels, but OkCupid keeps popping up. Most of the time it’s because of their brilliant blog called OkTrends. It has some amazing posts that analyze the data generated by OkCupid’s users. Previous articles have covered topics like profile pictures and how race affects online dating outcomes. It’s really impressive and interesting stuff. OkCupid is actually run by a company called Humor Rainbow, but that website redirects to OkCupid.com, so it’s clear where their priorities are.
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by Willy Franzen on February 16, 2010
In the world of startups, hardcore usually means eating ramen for 17 meals straight, working 100 hour weeks, and sleeping under your desk. That’s not the case with Tough Mudder—that kind of lifestyle will prevent you from finishing their races. What races? The most hardcore races known to man. Tough Mudder was “launched because there is not a race in America that tests toughness, fitness, strength, stamina and mental grit all in one place and all in one day.” There will be soon. The team at New York City’s Tough Mudder doesn’t think much of marathons or even ironmans. They want something that puts the human body and mind to the ultimate test in one day and one location. They haven’t quite nailed down what this race will look like, but I think the pictures on their website will give you a good idea of what they have in mind.
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by Willy Franzen on February 5, 2010
It’s every teen’s worst nightmare. You finally reach that magical age where the state says that you’re ready to drive a car. Your parents reluctantly hand over the keys to the family station wagon. You get a lecture, but you’re going to escape. You’ll finally have the freedom that you’ve been waiting for all your life. But there’s a catch. Your parents have installed a camera in the car to assess your driving and mitigate risk. It’s from a San Diego based company called DriveCam. To you it’s a terrible idea. You hate being spied on. You know you’re a good driver with your state mandated 20 hours of experience behind the wheel. What you probably don’t know is that car accidents are the leading cause of teen death. You’re too caught up in having a sense of freedom to care that this device has reduced the risk of reportable crash by 70% over the course of 2 million miles.
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by Willy Franzen on January 27, 2010
I have to admit that the “jobs” that I’m most concerned with today is Steve Jobs. I can’t wait to find out what Apple is announcing today, and I wish that I had some relevant jobs to bring you. I don’t, but I did come across a really cool list yesterday called 5 Butt Kicking Companies You (Probably) Never Heard Of. The list is exactly what it promises, as it features 5 later stage startups that are growing rapidly and hiring lots of people. The first company on that list is Palantir, a Palo Alto, CA based company (with another office in McLean, VA) that “is working to radically change how groups analyze information.” They were founded by former PayPal employees and Stanford computer scientists. Right now the company is focused on two verticals: Government and Finance. Both areas deal with massive amount of data and information, so it makes sense that Palantir is starting with them.
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by Willy Franzen on November 25, 2009
Last spring when sports fans on the North Side of Chicago were still hopeful, Amy and I decided that we wanted to go to a Cubs game. It was the day of the game, and we didn’t have tickets. We checked out StubHub, and saw some pretty good prices, but we decided that waiting would get us even better prices. We waited. The prices went down. We waited some more. The prices went down some more. And then disaster struck. StubHub stops selling tickets 2 hours before a game. We were shut out. We ended up heading to Wrigley and buying from some “ticket brokers” outside of the park. We got a pretty decent price, and we had a great time (I may or may not have been listening to the Yankees game on my iPhone at the same time), but we were left with the question of when is the best time to buy tickets on the secondary market. Apparently SeatGeek has the answer—they’re a New York City based web startup that predicts the price of sports and concert tickets. We’ve seen similar startups succeed in the travel market, and I think this business may make even more sense for event tickets.
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by Willy Franzen on October 29, 2009
It took long enough, but Internet video is everywhere. Yes, we had online video 10 years ago, but now it actually looks good—and works. The main reason for this is that end users (you and me) finally have technology in their homes that can handle playing online video. This means high speed Internet connections and computers with enough processing power to not crash when a website uses a Flash video player. The issue for content creators is that delivering video still poses some challenges. Sure, I was able to produce an online job search training course that relied heavily on video with little trouble, but I wasn’t delivering video to thousands or even millions of people (I wish I had the problem). As your use base increases, the challenge of delivering video increase exponentially. Moreover, managing video content in an organized fashion is a completely different challenge than organizing text and images. Brightcove is a Cambridge, MA based company that provides an online video platform for many of the worlds biggest brands.
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by Willy Franzen on October 2, 2009
I think that e-mail is still the king of social media. We have all of these fancy social networking accounts, but they all send their notifications to our inboxes. If you want someone’s attention, e-mail is the way to go (assuming your message doesn’t look like spam). Heck, you’re probably reading this in your e-mail. That’s why e-mail marketing continues to be a rapidly growing industry. We’ve already taken a look at jobs with Constant Contact, Aweber, and e-Dialog, and now we’re going to look at an industrial strength e-mail marketing company, ExactTarget. They’re based in Indianapolis, and since 2000 they’ve been focused on “providing the most powerful on-demand software for email communications and finding the best and brightest marketers on the planet to revolutionize the way people think about email.”
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by Willy Franzen on September 17, 2009
Let’s say that you wanted to come visit me in Chicago. You’re not afraid to do touristy things, because you’re willing to accept the fact that you are a tourist. You’re going to visit the Art Institute, the Hancock Observatory, the Museum of Science and Industry, and the Sears (now Willis) Tower. Then you want to take a ride on the Navy Pier Ferris Wheel followed by an Architecture Boat Tour. That’s a lot of separate admission fees (and an exhausting day). With a Go Chicago Card from Boston, MA based Smart Destinations, you can pay once and do all these things and more. The card will even get you a discount on your Lou Malnati’s deep dish pizza. Smart Destinations offers the same service in quite a few other cities, and it seems to be pretty popular. While the Travel industry is struggling with the economy, Smart Destinations has managed 424.7% revenue growth over the past 3 years and #652 on the Inc. 5000.
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by Willy Franzen on September 15, 2009
Today is the last day to enter our Maghound Your Way to a New Job contest. With so few entries so far, there’s an excellent chance that you’ll win a one-year subscription to an awesome new magazine subscription service (3 monthly magazines for free!).
I’m still on my Inc. 5000 kick, and today we’re looking at a company whose name immediately caught my eye. They’re called College Hunks Hauling Junk, and that’s exactly what they are. Omar Soliman wanted to make some money during the summer, so he borrowed his mom’s cargo van to start hauling away people’s junk. He then entered his business plan in the Rothschild Entrepreneurship Competition and won the $10,000 first prize. He realized that he had a business that he could grow, and now College Hunks Hauling Junk is doing $2.9 million in revenue. Guess that’s why Omar and his co-founder Nick were named (also by Inc.) as Top 30 Entrepreneurs Under 30. College Hunks Hauling Junk is headquartered in Tampa, FL, but through expansion and franchising they now operate in Anne Arundel, MD; Baltimore/Howard County, MD; Chicago, IL; Cincinnati, OH; Columbus, OH; Dallas, TX; Denver, CO; Detroit, MI; Indianapolis, IN; Little Rock, AR; Los Angeles, CA; Louisville, KY; Orange County, CA; Orlando, FL; Phoenix, AZ; Raleigh-Durham, NC; Richmond, VA; San Francisco/San Jose, CA; Tampa Bay, FL; and Washington, DC Metro.
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by Willy Franzen on August 23, 2009
What was the first book that you ever read? Mine wasn’t actually a book—it was a Super Mario Bros. comic book. My parents had decided that it would be fun to take Amtrak to Florida to visit Grandma and Grandpa instead of flying. And it actually was. I spent a lot of the time struggling through the comic book, and then I was suddenly reading. That wouldn’t have happened on a 3 hour flight. Do you have as vivid of a memory of reading your first book as I do? First Book hopes so. They’re a Washington, DC based non-profit that “provides new books to children in need addressing one of the most important factors affecting literacy – access to books.” In 16 years they’ve provided more than 65 million books, so you have to call First Book a huge success.
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by Willy Franzen on July 28, 2009
Yeserday we talked about jobs at Vann’s, which made me think that we should talk about with jobs at Vans today. The two companies don’t have much in common beyond being homophones of each other, so let’s start talking about shoes. Cypress, CA based Vans was founded in 1966 as the Van Doren Rubber Company. They started out by producing shoes for sports like baseball, basketball, and wrestling, but that didn’t end up working out too well for them; in fact, it led to bankruptcy. They eventually came out of bankruptcy, and then Sean Penn’s character wore a pair of Vans checkerboard slip-ons in Fast Times at Ridgemont High
. That changed everything.
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by Willy Franzen on July 24, 2009
One thing that I’ve learned as I’ve become more familiar with the world of online marketing is that some of the most annoying tactics are some of the biggest money makers. In online marketing everything is about results. If you’re making money, you’re succeeding—even if the large majority of people hate the way you’re doing it. Kontera is a perfect example of this. They’re a San Francisco based online advertising company that “delivers the most relevant In-Text Advertising & Related Information solutions online.” What that means is that webmasters can insert Kontera’s code on their site, and it will automatically create links from the text on their web pages to targeted advertisements. I’m sure that you’ve seen it on the web before, and it probably annoyed you. Still, it works. Kontera is growing at a great rate, and they just secured $15.5 million in additional funding in a round led by one of the most prestigious venture capital firms in the world, Sequoia Capital.
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by Willy Franzen on July 6, 2009
I was lucky enough to graduate from college without having had to take out any student loans, but even if I had needed to take out a loan, at least it would have been before the “credit crunch.” These days it’s a lot harder for students to finance their educations than it was just a couple of years ago. Credit in general is extremely tight right now, and beyond that, lenders are being very picky about whom they lend to. For students with no credit history, getting a loan can be a big pain in the butt. People Capital is a New York City based startup that is aiming to change that through what they call a “peer-to-peer lending platform.” They’ve developed a Human Capital Score “to assess the creditworthiness of those just starting their credit histories,” and they’re now building out a network of borrowers and lenders to bring the idea to life. It’s kind of like Kiva for education, but with a for-profit incentive keeping things efficient.
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by Willy Franzen on July 1, 2009
We all have at least one friend who “has a band.” He’s the one that sends you a Facebook Event invitation for his “gigs” every other week. He’s also still on MySpace (because it’s awesome for bands, of course). It may just so happen that you friend is actually really good, but he’s still waiting for his big break. Regardless of your friend’s talent level, there’s a good chance that he’s struggling with marketing his band. (That’s why that big break hasn’t come yet.) Your friend may think that MySpace is advanced as band marketing gets, but it’s not. There’s a new game in town, and it’s called Topspin. They haven’t launched yet, but they’ve already put a lot of work into achieving their mission “to provide artists the tools they need to build successful businesses.”
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by Willy Franzen on June 26, 2009
Considering the fact that I drove by a house in Michigan that was on sale for $12,500 just a few days ago, it’s pretty obvious that the real estate market still has some rebounding to do. There has been a lot of hurt in the industry over the past couple years, but maybe things are looking up. A friend who works at CB Richard Ellis let me know about a position that they’re trying to fill, and after I checked their Careers page I saw that they’re hiring for more than 200 positions. Considering the fact that they just went through a round of layoffs at the end of last year, I’d say all those job postings is probably a good sign for where the company (and maybe the economy?) is going. If you have heard of CB Richard Ellis before, you should know that they’re headquartered in Los Angeles and they’re “the world’s largest commercial real estate services firm (in terms of 2008 revenue).” Clearly $12,500 houses aren’t a problem for them.
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by Willy Franzen on May 19, 2009
If you’re an Internet geek like me, then you’ve probably noticed all of the buzz around Wolfram|Alpha. Some have dubbed it a “Google killer,” but as far as I can tell, they’re way off the mark. They’re wrong because Wolfram|Alpha isn’t a search engine – it’s a knowledge engine. The goal is “to make all systematic knowledge immediately computable by anyone.” The concept is kind of hard to grasp until you try it, but once you see how it works, I think that you’ll be impressed. So, who is behind Wolfram|Alpha? Wolfram, of course! They’re based in Champaign, IL, and they’re “one of the world’s most respected software companies–as well as a powerhouse of scientific and technical innovation.” They’re the company behind Mathematica – a software package that excels in ” computation, modeling, simulation, visualization, development, documentation, and deployment.” I’ve never had the pleasure of using it, but I know math teachers who think it’s pretty awesome.
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by Willy Franzen on April 17, 2009
A few years ago I had the idea of building a business that would allow people to financially hedge against bad weather. For instance, if you bought tickets to a sporting event above face value and were afraid that it might get rained out and leave you out a lot of money, you could buy a type of insurance that would pay you off if the weather caused the game to be cancelled. Apparently I wasn’t the only person to come up with this idea. WeatherBill is a San Francisco, CA based startup that is doing exactly that. Many think entrepreneurship is all about having a good idea, but it’s not. It’s about execution. WeatherBill is a perfect example of an awesome idea that is being executed well. The potential for this idea is absolutely unbelievable, and WeatherBill is already beginning to realize it. They don’t call what they offer “insurance” because there is no need for a claims process or a proof of loss. I guess you can call it a hedge, as it allows you to “get paid for weather that’s bad for business.”
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by Willy Franzen on February 24, 2009
As far as I can tell, now is not a good time to be in Advertising. When the economy slows down, ad sales usually take a hit. I know that first hand, which is why we’ve moved towards offering useful products – like job seeker training – instead of selling ads to employers (remember: all of our daily posts are editorial). With that said, online advertising is still the future, and with the struggles that many publishers are facing, now is a perfect time for innovation. That’s what Rubicon Project is all about. They’re a Los Angeles, CA based startup that is “on a mission to automate the $65 billion global online advertising industry.” This means optimizing unfilled ad space through software. With 300+ ad networks to choose from, publishers just can’t possibly evaluate every ad network’s offers on their own. Rubicon Project can – in a matter of seconds – and then server the most profitable ad immediately.
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by Willy Franzen on January 6, 2009
Imagine if you were expected to have your GPA increase 10% every semester. That’s like going from a C average to an A average over the course of 4 years in college. It’s been done, but it’s a rare feat. It’s also an impossible feat to show such continued improvement if you’re starting with a good GPA to begin with. These are the kinds of expectations that businesses constantly face. Not only do they need to deliver stellar performance, but they need to improve upon that performance every quarter. If a business isn’t delivering double (or triple) digit growth, they’re not even worth looking at for most investors. Creating such growth is a huge challenge, whether a business is an early stage startup or a mature firm that has been doing the same thing for decades. Jump Associates is a growth strategy firm that helps business overcome the challenge of constant improvement. That means that they “help courageous leaders create new businesses and reinvent existing ones through a hybrid approach integrating empathy, creativity and strategy.”
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by Willy Franzen on October 27, 2008
The great thing about living in downtown Chicago is that I’m constantly bombarded with new ideas for companies to feature here. In suburban Connecticut most of what I saw when I was driving around was trees. Here in Chicago there are few trees in sight, but plenty of businesses, billboards, and buses (with advertising on the side, of course). There are also plenty of taxes. Sales tax is 10.25% and the parking tax is 28%, but likely soon to be 33%. This is on top of already outrageous monthly parking fees, so it’s no wonder that there’s a Zipcar location just a hundred yards down the street from my building. Zipcars are kind of like rental cars, but better. They’re more affordable (I think, but I haven’t done the math), they’re intended for residents instead of travelers, they’re green, and you don’t need to be 25 to take them for a ride. It’s kind of like having a friend with a car except you have to pay that friend whenever you use his car.
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by Willy Franzen on September 16, 2008
Last week we featured FitBit, a company that was recently announced at the TechCrunch50. This week we’re looking at another startup that was announced at the conference. It’s called GoodGuide, and it’s aiming to be “the world’s largest and most reliable source of information on the health, environmental and social impacts of products and companies.” GoodGuide is pretty easy to use – you can input a product name to see all of the details of the product’s world impact, or you can look at a class of products to find the “goodest.” For instance you can look up Fantastik All Purpose Cleaner with Bleach specifically or you can just look at the ranking for household cleaners. It’s a great concept. They’re also apparently going to offer an iPhone application so that you can look up products as you shop for them in the grocery store; although, GoodGuide would probably prefer that you buy them online through their affiliate links.
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by Willy Franzen on September 12, 2008
Have you ever tried using a pedometer? It’s a neat idea, but it’s not very useful to know how many steps you’ve taken. To get a sense of how many calories you’ve burned, you have to do some calculations, and it’s pretty likely that whatever you calculate will be far from accurate. As technology continues to improve, we’re going to see more and more devices that provide data about our every day lives. The pedometer was the start, but things are going to get better and better. Fitbit is an impressive next step (pun intended!). We found out about them from Lifehacker’s list of Top 10 Up and Coming Products, and we’re pretty impressed. Fitbit automatically tracks your fitness and your sleep and then uploads the data to your computer wirelessly. They’re a startup that just launched at the TechCrunch50 Conference this week, and now that they’re out of stealth mode they’re looking for new people to join their team.
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by Willy Franzen on September 10, 2008
Shopping is supposed to be social. When you were a teenager, you probably liked to hit the mall with friends. Now, you probably lie in bed late at night surfing web sites looking for cool stuff to buy. It’s just not the same. You need social proof to back up your buying decisions. You want to hear what other people think. You want reviews, stories, and answers to questions that you may have about a product or service. Bazaarvoice is a software as a service provider that promotes social commerce by connecting customers to each other. They get their name from the word “bazaar, ” which “symbolizes the beginning of commerce – the initial marketplaces… lively centers of town, buzzing with neighbors, friends and merchants all sharing opinions and building a vibrant community.” That’s what Bazaarvoice is trying to recreate online for their clients.
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by Willy Franzen on August 14, 2008
A company’s home page should make it instantly clear what the company is about. For many companies this is not the case. There’s all kinds of fluff that fails to give potential customers a proper brand introduction. Menlo Innovations doesn’t make this mistake. Their home page introduces a problem: “In 2004, the U.S. wasted over $55 billion on failed and poorly run software projects.” Then it identifies the cause: “These failures can be traced to a lack of understanding of the business issues being addressed and the wrong implementation methodologies being used.” Finally the home page poses their solution:
Menlo Innovations applies High-Tech Anthropology® to help our clients fully understand their business problems and opportunities. If the solution requires software, Menlo either develops the software within our Menlo Software Factory or The Menlo Institute trains your staff to use proven methodologies to develop the software themselves.
It’s clear. It’s concise, and it gets to the point. There’s no misunderstanding about what The Menlo Institute does.
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by Willy Franzen on July 27, 2008
A child’s first sign of teenage (pre-teenage?) rebellion often begins at the radio dial. The parent’s up-to-this-point unchallenged decision of what to listen to while in the car is called into question, and all hell breaks loose. If there are multiple kids in the family (or even just in the car), the negotiation can quickly becom more heated than a multi-lateral peace process in a war-torn nation. The parent will fight hard to maintain his or her right to National Public Radio, but the kid will persist in his or her challenge to hear something that feeds a suddenly “eclectic” taste in music. Often the parents cede this battle in hopes of winning in the future (bad idea!), which results in the parent’s driving the kids around the mini-van listening to rap music that would be a lot more offensive if the parent knew what some of the words meant. Eventually the rebellious tykes will grow up and realize that they too want to be more cultured, and they slowly, but surely come around to listening to NPR. Or maybe some kids just never speak up. They like NPR from the start. Maybe those are the ones who end up taking entry-level jobs at NPR.
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by Willy Franzen on June 17, 2008
We’ve said before that using magazine lists to find a job can be extremely helpful in terms of idea generation. Today we’re going to talk about the company that is behind two of the most helpful magazine lists for job searchers. The Great Place to Work Institute is responsible for compiling Fortune’s 100 Best Companies to Work For and HR Magazine’s Best Small & Medium Companies to Work for in America. After more than 20 years of research, the Institute has found that “trust between managers and employees is the primary defining characteristic of the best workplaces.” If you’re looking for a job where you can trust your manager, why not consider the company that is known for identifying great places to work?
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is the funniest, most in-your-face career guide on the market.