This morning Fred Wilson posted this chart on his blog:

What is clear is that when it comes to US digital ad revenue, it’s the Google and Facebook show, followed by everyone else. Microsoft/LinkedIn is a distant third. Fred calls it “the digital advertising duopoly.” And his view is that the tech industry needs to figure out new approaches to monetization that still allow free content to be consumed.
I’ve said this before, but Facebook buying Instagram for $1 billion seems like a bargain when you look at a chart like this and you see what they were able to do with the platform. Instagram’s 2018 revenues are projected to be bigger than every other company on the list minus Google but including YouTube.
Also notable are the flatlining of Twitter and the projected growth of Snapchat. 2017 was a rough year for $SNAP. But it appears that somebody believes they’ll be able to turn things around with their app redesign and reconstituted ad platform. Be that as it may, it’s still the Google and Facebook show – at least for the time being.
Today is the 4 year anniversary of this daily blog.
Sure, I’ve missed a few days over the years (my estimate is 4-5 days), but for the most part I have shown up here every day and written something.
Sometimes that something is very short and/or bad. I’ve had a few people say to me: “I can tell when you’re super busy. Your posts are shorter.” I’m okay with that. Part of this exercise for me is simply about the discipline. 80% of success is showing up, right?
In some ways, what I do here is an anachronism. Here is a good vintage article (2011) that talks about two different schools of thought when it comes to blogging.
The reality is that it’s painfully slow and difficult to build an online audience via a personal blog using your own domain. It takes years, unless you’re a celebrity, which I am most certainly not. That’s why many people give up.
Instead, many people/influencers choose to build their audience on top of an existing network, such as YouTube, Instagram, or Medium. Medium is pretty tempting and I’ve seen lots of bloggers port over their personal blogs.
The idea here is that you simply bring your content to where your/an audience already lives, instead of trying to get them to come to you.
Of course, one of the risks of this approach is that you don’t own/control the platform. What if people one day decided to stop using MySpace? I like the idea of owning (at least part of) my online presence.
So here’s to another year on the blog. Thanks for reading! I really do appreciate it. Regular scheduled programming will resume tomorrow.


When Snap Inc. announced its Q2 financial results earlier this month, it reported 173 million daily active users – an increase of 21% year-over-year. But this fell short of what was expected. Analysts were expecting
This morning Fred Wilson posted this chart on his blog:

What is clear is that when it comes to US digital ad revenue, it’s the Google and Facebook show, followed by everyone else. Microsoft/LinkedIn is a distant third. Fred calls it “the digital advertising duopoly.” And his view is that the tech industry needs to figure out new approaches to monetization that still allow free content to be consumed.
I’ve said this before, but Facebook buying Instagram for $1 billion seems like a bargain when you look at a chart like this and you see what they were able to do with the platform. Instagram’s 2018 revenues are projected to be bigger than every other company on the list minus Google but including YouTube.
Also notable are the flatlining of Twitter and the projected growth of Snapchat. 2017 was a rough year for $SNAP. But it appears that somebody believes they’ll be able to turn things around with their app redesign and reconstituted ad platform. Be that as it may, it’s still the Google and Facebook show – at least for the time being.
Today is the 4 year anniversary of this daily blog.
Sure, I’ve missed a few days over the years (my estimate is 4-5 days), but for the most part I have shown up here every day and written something.
Sometimes that something is very short and/or bad. I’ve had a few people say to me: “I can tell when you’re super busy. Your posts are shorter.” I’m okay with that. Part of this exercise for me is simply about the discipline. 80% of success is showing up, right?
In some ways, what I do here is an anachronism. Here is a good vintage article (2011) that talks about two different schools of thought when it comes to blogging.
The reality is that it’s painfully slow and difficult to build an online audience via a personal blog using your own domain. It takes years, unless you’re a celebrity, which I am most certainly not. That’s why many people give up.
Instead, many people/influencers choose to build their audience on top of an existing network, such as YouTube, Instagram, or Medium. Medium is pretty tempting and I’ve seen lots of bloggers port over their personal blogs.
The idea here is that you simply bring your content to where your/an audience already lives, instead of trying to get them to come to you.
Of course, one of the risks of this approach is that you don’t own/control the platform. What if people one day decided to stop using MySpace? I like the idea of owning (at least part of) my online presence.
So here’s to another year on the blog. Thanks for reading! I really do appreciate it. Regular scheduled programming will resume tomorrow.


When Snap Inc. announced its Q2 financial results earlier this month, it reported 173 million daily active users – an increase of 21% year-over-year. But this fell short of what was expected. Analysts were expecting
(Snap defines a DAU as anyone who opens the Snapchat app during a defined 24 hour period.)
Regardless of your position on this stock, one thing is clear about the company: they are very creative and they continue to innovate.
The company is currently testing a new feature called “Crowd Surf.” What it does is automatically stitch together related Snapchat Stories from the same location to form seamless videos.
It made its debut at a concert in San Francisco. The real magic is how Crowd Surf was able to assemble a continuous audio track using an assortment of 10-second Snapchat Stories, all taken from different locations at the concert and all from different users.
Click here and scroll down for a preview video.
To accomplish all of this, Snap takes a “sound print” of the audio playing in a particular location from people’s Stories. It then filters each of the clips so they sound more alike and autogenerates a stitched together video.
You obviously need a critical mass of users and content for this to work, which is why the feature was introduced at a concert. But it’s certainly a remarkable way of creating valuable content from decentralized user inputs.
I guess the only question is: How long until Instagram copies this?
Photo by Yvette de Wit on Unsplash
(Snap defines a DAU as anyone who opens the Snapchat app during a defined 24 hour period.)
Regardless of your position on this stock, one thing is clear about the company: they are very creative and they continue to innovate.
The company is currently testing a new feature called “Crowd Surf.” What it does is automatically stitch together related Snapchat Stories from the same location to form seamless videos.
It made its debut at a concert in San Francisco. The real magic is how Crowd Surf was able to assemble a continuous audio track using an assortment of 10-second Snapchat Stories, all taken from different locations at the concert and all from different users.
Click here and scroll down for a preview video.
To accomplish all of this, Snap takes a “sound print” of the audio playing in a particular location from people’s Stories. It then filters each of the clips so they sound more alike and autogenerates a stitched together video.
You obviously need a critical mass of users and content for this to work, which is why the feature was introduced at a concert. But it’s certainly a remarkable way of creating valuable content from decentralized user inputs.
I guess the only question is: How long until Instagram copies this?
Photo by Yvette de Wit on Unsplash
Share Dialog
Share Dialog
Share Dialog
Share Dialog
Share Dialog
Share Dialog