Tag Archives: Blekko

The Like-ification of 2011

Earlier this week, I wrote a guest post on VentureBeat on the Like-ification of 2011 and start-up opportunities for entrepreneurs that can figure out how to leverage what we “like”.

The piece was picked up and re-posted in the New York Times. Ironically, you couldn’t “like” it in either place. Feel free to do so below. :)

(text below)

The Like-Ification of 2011

By SAAD KHAN of VentureBeat

A few weeks ago, I was listening to my car radio and had a surreal moment. Driving down Highway 101, I heard my jam, and reached for my iPhone to press a “like” button. I quickly realized the absurdity of my action — this was, in fact, my very analog car radio.

Nonetheless, I proceeded to spend the rest of the day “like-ing” stuff I came across in the real world: someone brought cupcakes into a meeting — “like”; I heard an awesome company pitch — “like”; I colluded with marauding investors on seed valuations for Y Combinator companies, “like” (and tweet cc @arrington). Every time, it was as if I had given myself a virtual high-five and couldn’t wait to share it.

Clearly Facebook has trained me well.

Do I sound crazy? Maybe, but I’m not alone. According to All Facebook, last July more than 65 million people were “like-ing” stuff on a daily basis. That’s more than 17.5 billion “likes” over nine months (assuming a constant rate and no growth of Facebook traffic). In September, Mashable reported that the “like” button is now present on over 2 million sites around the Web. That’s a lot of new data about user intent, and it’s growing. Not bad for a feature that rolled out only nine months ago.

If 2010 was about gamification, then 2011 will belong to people who can figure out what to do with what we like.

Like-ification of the Web

“Likes” and the social graph that creates them represent a new contextual layer on top of the existing web. It’s a layer that brings new opportunities for discovery and personalization in a world where noise is expanding much faster than signal (see last week’s fire in the blogosphere about Google’s losing battle against spam). This has significant implications in areas like search. Bing and Blekko have already announced integration of “like” data into search results to help improve discovery and relevance. Expect better utilization of this data and new discovery services to follow suit.

Like-ification of advertising

The holy grail in advertising is when the content is the advertising and vice versa. “Like” data gives advertisers the ability to personalize their message to an audience of one and target messages only to those that have expressed intent and interest. While Facebook itself is in pole position to leverage this data, in the rapidly expanding display advertising business, like-ification also has big implications for other stakeholders in the space. Retargeting vendors like AdRoll, Retargeter, and TellApart are already using your click history as a proxy for consumer intent, and data vendors like BlueKai and eXelate are building intent data about consumers all around the web.

While I expect to see continued vigorous privacy debates as consumers lobby for the proper controls over their data, imagine the value of explicit social expressions of consumer interest as the display ad market continues to heat up in 2011.

Like-ification of the real world

Finally, “likes” are coming out of their digital cage and into the analog world. Digital metadata is being layered onto the physical world. And ubiquitous access to sensor-laden mobile devices means that user data and intent is now being captured about physical locations like “check-ins” on Foursquare and Facebook Places, personal activity with Nike Fit and FitBit, the things we buy on apps like StickyBits, and even the stuff we see (it’s not just TV — remember this awesome Word Lens translation demo?).

Smart devices are growing in number and even more stacked with real robotics capabilities (Near Field Communications chips, image recognition) embedded at consumer price points. Our personal devices can increasingly perceive the physical world, and it’s not hard to imagine the physical world increasingly recognizing us. My Xbox Kinect already authenticates my face and pairs it with my player profile. Imagine what that could mean for your status updates.

Big changes are afoot in 2011. I think entrepreneurs are going to heart them.

Saad Khan likes his day job as a seed investor at CMEA Capital and giving love to his portfolio companies Blekko, Pixazza, Evolution Robotics, and Jobvite. You can  follow him on Twitter @saadventures

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Entrepreneurs Are the New Asset Class

For many years now I’ve seen my role as a VC to invest in people, not companies. I finally decided to put it in writing. :)

Here is my second in a series of guest posts on Forbes as to Why Entrepreneurs are the New Asset Class (and why we ought to invest in them).

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Blekko IPO, Day 1 (July 19, 2010)

For many months now dozens of people have asked me about what’s cooking at Blekko. And for many months all I’ve said is “Blekko is a big, bold, bet in search. It’s bad-ass, and it’s in stealth. Stay tuned.”

Well,  today I can finally give them an answer (and it feels great).

And here it is, in video form (thanks Mike Arrington):

Here’s what Blekko’s founders Rich Skrenta and Mike Markson had to say:


You can also see Rich and Mike’s perspective on their respective blogs, here and here.

Finally, here is the original TechCrunch post on Blekko (I’ve included snippets and screenshots below):

What Makes Blekko Different?

Blekko is a full web search engine, with regular crawls of billions of web pages. But they know that they can’t beat Google at size of index, relevancy and speed right out of the gate. So they’re differentiating themselves in  another way – by giving users tools to do new types of searches that they can’t do elsewhere. And by providing an unprecedented level of access to the algorithms and data that Blekko uses to determine relevancy.

That doesn’t mean Blekko’s relevancy isn’t great. The company says they’re on par with Google and Bing for most queries. But the differentiating feature are the query refinement tools they call Slashtags. These tools, like /news or /date or /amazon or /blogs, or any combination, make it very simple to quickly filter results to what you are looking for.

Users can create their own slashtags based on a group of URLs. I’ve created one that lists all TechCrunch sites to do easy site search. Others have created slashtags for conservative or liberal blogs, top tech sites, etc. If they make those slashtags public, others can use them, too.

The company also lets users search via a variety of APIs. Add /amazon to search on Amazon. Or /twitter to search via the Twitter API. Or just type /whatever.com to search just that domain.”

Blekko Is Instantly Likeable

Anyone who’s used to advanced search tools on Google will instantly like Blekko. It’s much quicker than using things like “site:” modifiers on Google, and some of the searches you can do on Blekko you just can’t do on Google at all.

Will less advanced users like Blekko, too? The founders think they will. And since Blekko works just like the search engines they’re used to as well, they think people will quickly get comfortable creating and using slashtags.

Transparency

Blekko is also showing just about all the behind the scenes data that they have to determine rank and relevancy. You can see inbound links, duplicated content and associated metadata for any domain in their index.”

I think it’s about time someone started pushing the envelope again in search. And I’m betting that Rich, Mike, and the Blekko team are the guys to do it.

I’ll have a lot more to say about it in the coming weeks, but that’s my answer for right now. Stay tuned. :)

Rich, Mike, and team — congrats again on sharing your baby with the world!

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