Mark Cuban Chimes in on Jason Calacanis's Start Up Rules

Great blog dialog this weekend that started when Jascon Calacanis wrote his rules for running a start up. Mark Cuban then chimed in and I love his commentary - particularly his advice about only hiring people who are passionate and love the company.

But this was my favorite part of Cuban's post as it references one of my favorite movies: Glengarry Glen Ross. Coffee is for closers is one of the great lines ever. I will forgive Mark though for spelling espresso incorrectly!

"6. An expresso machine? Are you kidding me ? Shoot yourself before you spend money on an expresso machine. Coffee is for closers. Sodas are free. Lunch is a chance to get out of the office and talk. There are 24 hours in a day, and if people like their jobs, they will find ways to use as much of it as possible to do their jobs."

Always be closing!

Consumer Spending Data Suggests Television Purchases Equal to Computers

Though I moved to San Francisco, I still read the San Jose Mercury News (which has a good business section despite little else). Today's featured article was about the impact of the economic slow down on consumer technology spending. The lead photograph is of a Best Buy shopper passing a large Sony television and the caption says: "Research shows fewer adults are planing to buy electronics."

But the interesting part is that, while all other gadgets have fallen, television purchase intentions are up significantly and now on par with computers.

In February 2007, 9.2% of adult consumer intended to purchase a TV. That number is now 10.6% - the same percent that plans to purchase a computer (down from 11.8%). I think this is evidence that computers will soon make their way into the living room - there is clearly consumer demand... and despite having plenty of options, there is still no killer solution. I personally use a Mac Mini on my TV and think it's great. But it's not the killer solve.

I would also love to see the breakdown of laptop vs. desktop - and perhaps by brand.

Consumer Spending 2008

Update: Great article out of the New York Times about TV going online - "The “stupid computer” is a repeated target of the dimwitted office manager Michael Scott on “The Office.” But the show itself may be motivating viewers to put down their remote controls and pick up their laptops."

Another Reason to Love Amazon - Pre-Orders Arrive on Time

I've pre-ordered products on Amazon before - but they used to ship on the release date rather than arrive...

Apparently that has now changed. I ordered MLB The Show 2008 for the PS3 (supposed to be phenomenal) and it arrived at noon today - just two hours after most stores even opened their doors.

I also have found the Amazon subscriptions to be super convenient - for items requiring routine purchases (like razors, toilet paper, shampoo, etc), Amazon will now schedule deliveries to occur over customizable periods. Subscribers get a 20% discount on those items to boot.

Big Honcho Media and Semi Pro = Very Impressive

Several weeks ago, I was approached by Big Honcho Media about running a Semi-Pro promotion on SportsWrap. I've been approached by many media / marketing companies - but Big Honcho Media was really terrific.

I was impressed with every interaction and exchange - from emails to the logo-stamped deliveries. In addition to the iPod Shuffles they provided as prizes, Big Honcho sent over a series of unique Semi-Pro gifts (socks, t-shirt, head band) and a hand written thank you card.

Very impressed!

Semi Pro Will Ferrell

RedLasso Video Is Taking Off... Out of Nowhere

I am starting to see RedLasso video embedded through the web and would anecdotally say that, on newer content, I've seen more RedLasso videos than YouTube. The Janet Jackson video before is from a recent PerezHilton embed (one of his many).

The player is so-so (I still prefer VideoEgg's) - but what makes RedLasso interesting is how much televised and near-live content they are indexing. There isn't much information available about RedLasso (including on their website), but here is an overview of their service:

RedLasso offers a one of a kind TV and Radio search engine that starts by recording and indexing live television. Recording TV enables RedLasso to then index all the video while translating the voices to text. Searching for a particular term will return results from a number of networks. Users can then use the RedLasso video player to create up to ten minute clip from any search result. I searched for "free agency" on ESPN and found a clip about the upcoming baseball free agency pool. I have included the clip I created below though RedLasso also enables you to send it to a friend or directly link to it. I think RedLasso is a great idea as it offers a way for content producers to find and embed content that was previously not easily accessible. Read More

A Week Into Yahoo Buzz... Digg Probably Isn't Nervous

Nearly a week after Yahoo Buzz has launched, and I haven't found a compelling reason to do anything more than visit the homepage. I get the sense that this is the overwhelming sentiment and that Digg isn't losing any sleep over the much-hyped Yahoo property.

I have two primary complaints (and numerous others):

1) I am amazed that Buzz launched without allowing publishers (like myself) to post content. This is wrong on so many levels. First, readers don't want to read what is essentially a combined rss feed of Yahoo and USA Today. What makes Digg so enjoyable is it's ability to expose readers to varied and new content.

More importantly, it prevents Buzz's growth from a content and readership perspective. Digg has 'share this' icons / links on millions of blogs and there is a clear incentive for readers and writers to post their content to Digg (get traffic, build community rankings) - without that incentive, Digg would collapse, readers would have less content to browse, and the 'economy of content' collapses.

... And Yahoo has an opportunity to out-muscle Digg by delivering top content-providers more traffic than any other web property (and rumors are that Yahoo is willing to float top articles on Yahoo.com's front door).

Yahoo Buzz

2. Buzz has a few verticals: Sports, World, Video, etc. The verticals are nothing more than a sort order for articles. The top searches module on the right page is consistent on every Buzz page and Obama, Hilary Duff, and Iran (top 3 searches) have no relevance to the Sports category. There are power-users on Digg for each category and there are readers who only visit specific categories - there is no motivation to move beyond the first page on Yahoo Buzz.

Ordering Pizza Officially Moves Online

Wondering why you are now getting more Pizza Hut, Domino's and Papa Johns emails?

eMarketer reports that "the average online pizza order is $6 to $9 higher than the average telephone order." The research suggests (as one would expect) that ordering online is an easier, more enjoyable experience than dealing with people over the phone: "online customers had a more leisurely experience than did phone customers, and that having access to the entire menu let them order without feeling rushed, resulting in the higher totals."

Sure - this research seems obvious, but:

- + $6-$9 per pizza order is quite significant ... that's nearly another pie per order - It speaks to the importance of customer service, having digital menus and being able to control the experience - This speaks well for upstarts like GrubHub, Yelp and Google / Yahoo Local - I now understand why I get more-than-weekly emails like the one below (and I suspect it will get worse!)

Pizza Hut Pizza