Tag: iCrossing

  • Oak Investment Partners in the WSJ’s Top 50 Venture Companies

    Oak Investment Partners has
    backed more than 10% of the WSJ
    list
    of the Top 50 Venture-Backed Companies! 6 out of 50! What’s even
    cooler is that we’ve got quite a number of exciting, substantial, profitable
    companies that didn’t make the list.

    If you click on any company
    in the list, you get a photo of the CEO and a nice summary of the company.

    Here are the 6 Oak companies
    in the list of 50:

    #10: nGenera. Many people are familiar with Don Tapscott and his
    forward-thinking books like Wikinomics. I just discovered that he has
    over 13,000 followers on Twitter!
    But Don is just the tip of the iceberg at nGenera, which is at the forefront of
    helping our major organizations transform themselves into more effective, collaborative
    enterprises.

    #14: Ventana. Oak backed Athena Health, a company that is revolutionizing
    the automation of medical offices. Athena is now public and doing very well.
    When Todd Park, who co-founded Athena (along with Jonathan Bush) was ready to
    try something new, he ended up starting what is now Ventana, which promises to transform
    the relationship between consumers and health care providers. And then Todd got
    called to serve as the CTO of the US Dept of HHS! But the company is in good
    hands with their capable and dynamic CEO, Gio Colella.

    UPDATE: Ventana has a new name: Castlight Health.

    #22: Huffington Post. This is a completely
    amazing company. I’ve written about
    them
    a bit in the context of the media-i-zation of the world. People seem
    to think of Huffington Post in terms of old media companies, or left-wing
    politics, or some other verbally-oriented perspective. But my
    blog post
    about nerds and yakkity-yaks gives the most relevant perspective –
    they have an amazingly powerful tech team who keeps pushing the edge of what’s
    possible in on-line media. When you see how Paul Berry and his team do it on
    the inside, it’s even more impressive. They’re nicely integrated with
    editorial, just like they should be, and like similarly powerful tech teams so
    rarely are. And we can't forget (who could?) Arianna, who as of this moment has over 394,000 Twitter followers.

    #29: Boston Power. The WSJ explained why
    this company is hot, and I don’t think I could say it better. “
    It's in
    the competitive Lithium-ion battery space, but backer Oak Investment Partners
    has deep pockets and its board member, Bandel Carano, has a strong track
    record.
    ” Boston Power is on the road to making,
    for example, all-electric cars truly practical.

    #46: iCrossing. I’ve already blogged about this
    company over
    and over
    again. They are the clear leaders in their fields – yes, more than one!

    #47: SmartDrive. SmartDrive is a classic
    innovative, industry-transforming venture. It makes our roads safer for
    everyone, protects good drivers when they get in bad situations, detects bad
    drivers before really bad things happen, and on top of everything else helps
    reduce the amount of fuel consumed. It’s very satisfying to have a company that
    delivers such a clear range of benefits, leveraging the latest technology and
    an effective service model.

  • Icrossing and the Google Chess Game

    In your battle for consumer attention, can you afford to be
    lost in the crowd of losers? Probably not; probably you should be talking with these guys. But read on…

    If you’ve got a web site, the one thing you need, above all
    else, is attention.

    • ·        
      You may want attention for its own sake if
      you’re writing a blog.
    • ·        
      You may want attention because you’re a media or
      content site and page views translate into sellable inventory that translate
      into ad sales.
    • ·        
      You may want attention because you’re selling something,
      directly or indirectly.

     You may not think about “attention” much. Instead you may be
    focused on brand awareness, conversion rates, the plummeting rates for your
    run-of-network inventory or something else. But the root of everything you
    think about starts from attention.
    You get none of the things you want unless the people who look, type and click
    make their way to your site. Unless consumers pay attention to you, you’ve got
    nothing that you want.

     To make it simple, I’m going to assume that you already have
    some attention. If you’re a first-time blogger, you’ve given your URL to
    your mother, your friends, and as much of your e-mail address book as you have
    the nerve to. If you’re a brick-and-mortar kind of place, you’ve got a URL that
    is close to the name consumers already know, and a bunch of consumers who
    already know who you are and are well-disposed towards you have found their
    way. If you’re pure e-commerce, you’ve got some customers who have bookmarked
    you.

     Given this assumption, the question becomes, how do you get
    more attention than you already have?

    Chess

     This brings us to Chess.

     Perhaps you’re already familiar with this board game and its
    arcane rules; for example, pawns can only move forward one square at a
    time, except on the first move, when they can move either one or two, and
    except that they may capture an opponent’s piece that is one square diagonally
    ahead of them. The rules for the other pieces are similarly weird.

    Chess is a famously challenging game that takes piles and
    piles of excess brain power to avoid embarrassment when playing against
    precocious teen-agers. It is a classic nerd-magnet.

    One of the things that famous chess players seem to like to
    do to demonstrate how awesomely great they are is to play
    simultaneous matches against many opponents.
    The grand master walks from one board to the next, glances at the move the
    opponent spent agonized minutes of intense concentration figuring out, makes
    his counter-move in insultingly few seconds, moves on to the next victim, and
    keeps circling until everyone is vanquished. The great chess master, endowed
    with an overabundance of overactive brain cells, single-handedly defeats a
    large crowd of pretenders, each of whom is probably good enough at chess to dispatch
    normal mortals without breaking a sweat.

    The participants in this kind of one-sided battle know
    they’re going to lose, though a few naïve ones may hope otherwise. But the ones
    who are check-mated in six moves feel like crap, and the few who are still
    alive and giving the master a match at the end feel like winners.

     

    Google, the gate-keeper of consumer attention

     This brings us to Google.

     You’re an eager aspirant for consumer attention. How do you
    get attention on the web? When people are looking for what you’ve got, how do
    they discover that you’ve got it?

     In many cases, they go to Google (or Yahoo, etc.) and type
    in something like what they want. Suppose they want to buy a cool sweater. They
    might type in “buy sweater” or just “sweater” and get a list of millions
    of sites that have something to do with sweaters. If your site sells sweaters,
    where are you on that list? You might be in the second hundred thousand, which
    is actually pretty good, because that might put you in the top couple of
    percent of sites that are relevant to sweaters. 
    Being in the top percent or two or your graduating class is a great
    achievement. However, being in the top percent or two of Google results is
    abject failure. No consumer will ever spend hours scrolling down to your
    listing, picking your site above endless pages of results that are higher in
    the list than yours. In fact, if you’re not on the first couple of pages, you
    can forget about consumer attention. You’d be better off standing with a big
    sign at the busiest local intersection you can find.

     Awful. What can you do about it?

     

    Google the Chess Master

     When a consumer types “sweater” into the search box, it is
    entirely Google’s business who it selects to display in what order in the
    results; unlike chess, the rules are made by Google, they’re secret, and they
    change the rules any time they feel like it. Google is like the brainy,
    arrogant chess grand master who likes to show off by playing a host of
    opponents at the same time, and always winning. Your job isn’t to “beat”
    Google, but to come out on the first page or two of the results list; in other
    words, to be less of a loser than everyone else who “plays against” Google.

     You make your “move” for top search results by carefully
    crafting your website for maximum “searchability” for the search terms that
    interest you the most. Google examines your “board” (web site) and everyone
    else’s Google is “playing against,” applies the latest version of its secret
    rules of the game, and decides the outcome. For most of the players, the result
    is always the same: Check Mate, you lose!

     No one can “beat” Google. Google controls all the boards,
    makes up the rules and decides the outcome based on its made-up rules. It's like "blindfold chess," only with Google, it's everyone but Google who wears blindfolds.

     

    iCrossing and SEO

    This brings us to iCrossing’s search practice.

    Lots of our
    companies depend on the web for their business, so naturally they get pretty
    good at playing against chess-grand-master-Google. For some of them, this skill
    is life-or-death. But even the best of them only have their own web sites to
    learn from, and have to focus on their business. What’s fun about iCrossing is
    that optimizing web sites for search is their business (at least an
    important part of it). So not only are they real good at it, they’ve developed
    a bunch of tools to find and fix problems, and monitor the results.

     If this sounds like an ad, I guess it kind of is, but not
    intentionally. After one of my visits with their search gurus, I really got
    off on what an ever-changing problem they’re solving. Then when the chess
    metaphor popped into my head, I just couldn’t drop it – it’s just so
    appropriate to the challenge everyone faces in getting visible on the web.

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