Why Email Isn’t Dead

6/08/2010

This post is based on a conversation I had with Tyler Crowley from Mahalo and Open Angel Fourm. Bio is below:

tyler crowley OAF mahalo

Tyler Crowley is the Director of Corporate Strategy at Mahalo and Producer of Open Angel Forum (OAF). OAF is a high quality private investor pitch forum for founders to meet quality Angels. They are looking for operational startups only, but there is no fee of any kind to pitch or apply. He can be reached @steepdecline.

I’ll start with the conclusion: Email is far from dead.

How could this be? We’ve all read articles, reports, and blog posts telling us email is dead. The truth is though that not only is email not dead, it’s growing fast along with the social media channels that are supposedly replacing it as a communications channel.

Many people believe that Twitter is the biggest threat to email. It’s a very efficient communications channel, it’s easily mobile, you only get Direct Messages from people you want, and the messages are short. But at the same time, Twitter is also a very limited communications channel. It’s very hard to efficiently schedule meetings, make introductions, and send long form content.

Our own StartupDigest newsletter is tangible evidence that email is not getting replaced by social channels. It has grown from just 22 subscribers to over 60,000 in just 6 months. Our subscribers are the most technologically savvy people in the world (developers + founders creating new technology) and yet still love getting StartupDigest weekly in their inbox. Being the early adopters they are, they subject themselves to the most amount of noise through new social channels but enjoy StartupDigest as a rare break from the clutter and noise every other channel is producing.

And email is only getting more powerful. There are companies like Rapportive that give you social context to emails, Mingly that is becoming the social CRM for personal relationships, SailThru that allows your newsletters to have behavioral targeting, RapLeaf that gives you social data based on email addresses, and MailChimp’s Social Pro that gives you real demographic analysis on your email list.

Watch out for an email renaissance coming to your inbox and new startups that extend your inbox to a socially powerful communications tool.

rapportive mingly rapleaf mailchimp sailthru logos

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How to Start an Email Newsletter Company

3/08/2010

Over the weekend I received a cold phone call from a guy named Sebastian who is a subscriber to StartupDigest. He was calling because he had read our case studies on email newsletters here, here, Jason’s case studies here and here, and the recent Hacker News discussions about email, so he wanted to start his own email newsletter business.

He lives in NYC and has the idea of doing a newsletter of the best fashion events in NYC for the fashion community. He was calling to ask about my experience in starting StartupDigest, what he should do first, what software to use, what tools to use, and the story of our first 3 months in operation.

Here is a rough transcription of what I told him:

Let’s ask the most important question:  what content are you delivering and what market are you serving?

If you want to reach the fashion community in NYC, what content are you going to send them? Is it event info, videos , news, or analysis? What resonates most with the fashion community? For StartupDigest our audience is the startup ecosystem and we are sending them the best events once a week.  When I started this company there was no comprehensive events guide for founders and hackers and it was a big need in the marketplace.

First you need to figure out exactly what content you will be serving and exactly the community you want to reach. You need to be uniquely passionate about this community of people.

When I started StartupDigest I had just moved to Silicon Valley (Palo Alto) and was working for an investment fund/incubator at the time. I was going to events and conferences to meet people, make friends, and meet the startup community and I was originally compiling “the digest” just for myself so I knew what events to go to and not to go to.  I actually attend the events featued in StartupDigest and I deeply care about the startup community.

Do you deepy care for and want to meet the fashion community in NYC? If not then you shouldn’t start a fashion email newsletter of the best fashion events for NYC. Honestly I am not very fashionable, I don’t know anyone in the fashion industry, nor do I care about getting into that community. I would be the worst person to start this fashion newsletter company.

If and only if you have found your niche and type of content then you are ready to do your first newsletter. Our first “StartupDigest” issue was sent do 22 of my friends in November 2009 through Gmail (not recommended) and I managed the email list using an Excel spreadsheet (also not recommended). We didn’t start off with any special software, or any special tools, the most important part was figuring out what our unique content was and niche was. Everything else will follow.

For Advanced users:
Now that we serve over 60,000 subscribers, we don’t use Gmail and Excel anymore. We use Mailchimp to send emails, Wufoo on our front page for email collection, WordPress for the website, and ReturnPath for deliverability.

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Web 2.0 Expo Launches Startup Showcase, Offers Tips for Getting Your Startup on Stage

21/07/2010

Sarah Milstein Brady ForrestWeb 2.0 Expo NY is launching a new program called Startup Showcase. The following is an interview with Web 2.0 Expo Co-Chairs Sarah Milstein and Brady Forrest about the new program and tips they have for all startups trying to get on stage.

What is Startup Showcase?

We’re excited that this year at Web 2.0 Expo, we’re hosting our first-ever Startup Showcase. The idea is to highlight the startup ecosystem’s creativity and variety, while giving entrepreneurs a chance to get in front of hundreds of potential users and a couple of high-profile investors.

Tim O'Reilly

Tim O'Reilly, O'Reilly Media Inc.

Fred Wilson

Fred Wilson, Union Square Ventures

On Wednesday night, September 29, we’re going to have approximately 30 startups demoing in one large room (at the Sheraton New York Hotel & Towers). We’ll provide a small table and room for two people to demo—startups bring a laptop (or two) and a founder (or two). Expo attendees will have 50 minutes to see the demos (we’ll sound a chime every five minutes, letting people know it’s time to circulate). As they walk around, attendees will vote on their favorite demos. At the end of the hour, Tim O’Reilly (O’Reilly Media Inc.) and Fred Wilson (Union Square Ventures) will each announce their top pick along with the audience favorite.

What does a startup get if they’re selected to pitch?

The three selected companies will each give a pitch and have an on-stage conversation with Tim and Fred. Tim and Fred plan to hold these conversations the way they run actual pitch meetings, so it should be a good learning experience for the entrepreneurs. Expect very active discussions.

Can you give us more details on exactly the types of startups you’re seeking?

We’re looking primarily for early-stage not-overly-funded companies across a range of sectors. Hardware/software, mobile/web, for-profit/non-profit, B2B/B2C, etc. We’re more interested in intriguing ideas than hot trends (though, like other humans, we’re susceptible to buzz).

What makes a startup’s application jump to the top of your pile?

An interesting technology or approach matched to an identifiable problem or opportunity. Also, a clearly written application will catch our eye in a good way. And we always appreciate when applicants use the “Anything else you want us to know?” field to share info that sets them apart.

For example, StartupDigest did a great job with this section in their application: “Four things: Email newsletters are hot again both as replacements for blogs and profitable web businesses. We have grown from 22 to over 56,000 subscribers in 8 months. We have already worked with O’Reilly & TechWeb on Web 2.0 Expo. We have already received three offers for investment and one for acquisition. Thanks!”

What’s the most common mistake you see in event pitching applications from startups?

When applicants use a lot of jargon, we suspect they either don’t know what they’re talking about, or they don’t know how to communicate effectively with civilians.

There’s been a lot of debate recently (e.g. this post by Jason Calacanis) about startups having to pay to pitch/demo at events. Where do you stand in this debate, and do startups selected for Startup Showcase have to pay to pitch?

We aren’t fans of the pay-to-play model (when people ask why, we usually point them toward Calacanis’s post). So there’s no fee to apply for Startup Showcase, nor is there a fee to participate if you’re selected.

What do startups need to do to apply?

Head to http://www.web2expo.com/webexny2010/public/cfp/119 and fill out the application form. It’s mercifully short.

Web 2.0 Expo

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SD5 – Top 5 New York City Startup Events This Week

20/07/2010

It’s a hot week in the NYC startup scene! Here are the top 5 upcoming NYC startup events according to the data we have collected from the NYC StartupDigest.

Enjoy and share your favorite events below!

Tech Founders NYC

Tech Founders NYC #2 – Thursday, July 22 at AOL HQ
We are a group of technical founders and programmers who are interested in joining or helping launch startups. We invite early-stage tech entrepreneurs to pitch to the toughest audience around—computer programmers.

Lean Startup Machine NYC

Lean Startup Machine NYC – Friday, July 23 at Hive at 55
Lean Startup Machine is a 54-hour startup weekend that conforms to Lean Startup principles, a method of using customer feedback to rapidly iterate your product to reach product/market fit. As well as being a crash course in LS principles, it provides the networking, resources, and incentives for projects to go from idea to launch.

More Info: http://www.theleanstartupmachine.com/

RRE Ventures Entrepreneurs Roundtable – Tomorrow at AXA Financial Center
At this event, we are very privileged to have: Will Porteous, General Partner, RRE Ventures.

More Info: http://er28.eventbrite.com/

Find a Co-Founder Night II

Find a Co-Founder Night II – Monday, July 26 at Hudson Terrace
Speakers include: Bonin Bough – Global Director of Digital and Social Media, PepsiCo, David S. Rose – New York Angels, Michelle Madhok – SheFinds Media, Peter Shankman – Help a Reporter Out

More Info: http://findacofounder2.eventbrite.com/

Developers for Good
Developers for Good July Meetup – Thursday, July 22 at Hive at 55
We’ll meet to share opportunities to volunteer, learn about socially-minded tech businesses, and network with other developers who want to make a difference.

More Info: http://meetup.developersforgood.org/calendar/13960048/


To find all of the best startup events in New York City or 44 other cities around the world every week, sign up for StartupDigest here.

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The Key to Startup Hiring

16/07/2010

We’ve noticed that there have been a ton of job postings lately in the Startup Jobs section of the StartupDigest Classifieds. This is a great sign of growth for lots of startups all over the world, which is both righteous and awesome.

Awesome Startup

As all of you continue the hiring process, we want to share an idea that will speed up the process of finding the best person for any job opening you have at your startup.

The key to startup hiring is realizing that the people you really want to hire aren’t looking for jobs.

The people you really want to hire are:

1) Working on their own startup, someone else’s startup, or for a large company (and kicking ass) but aren’t very happy there. This means that they would be open to a change if they got really excited about another company, but aren’t actively looking for it.

2) Active participants of the startup community. This means that they frequently communicate with the leaders of the startup community (e.g. Dave McClure, Eric Ries, Fred Wilson, Chris Dixon, etc.), they consume the latest technology and entrepreneurship news, and (ideally) they produce their own thoughts about emerging trends.

(In a fantasy world, they would also be close followers of your startup and frequent consumers of your product/blog, but the vast majority of the people you really want to hire might have heard of you, but don’t really know who you are yet.)

If all of this is true, it’s great that you’ve posted your job to the Classifieds because there is a lot there (co-founder opportunities, feedback requests, startup education content, global and local startup resources, etc.) that might attract someone who isn’t actively looking for a job. Of course, posting on the Classifieds is free anyway, so you really have nothing to lose.

We’re betting, however, that the Classifieds section isn’t the only place you’ve posted a job listing. Like many of us, you’ve probably paid money to post your job listing to a popular job board or hired a recruiter to post your job listings in even more expensive places.

Why would you pay money to post job listings in places the people you really want to hire never visit?

Startup Hiring

If the people you really want to hire aren’t looking for jobs, they will never see your listing on craigslist, Monster, HotJobs, theLadders, or even a place like StartUpers (which, admittedly, is at least the most fun one) because job listings are all that they offer.

Those places are great for stacking resumes of people who can fill limited holes with set tasks in your company, but the people who will actually make a lasting positive impact on the future of your startup visit those sites only when they’re looking for a cheap wetsuit or a two-bedroom in SOMA.

Since popular job boards won’t help you find the people you really want to hire, stop wasting your money on them and try these 3 things:

1) Pay for distribution, not for posting.

Or, to quote what many (like, say, Gary Vaynerchuk) have said before us — if content is king, marketing is queen and *she* runs the household.

If you have money to spend on hiring, spend it on marketing your company and your open position to people who definitely are not looking for jobs. Bake your job opening into content you produce on your blog or into a post/comment you add to the content you read.

To give you a real example, here at StartupDigest we help you distribute your Classifieds listings into the events content that is consumed every week by thousands of active members of local startup communities around the world.

Spreading good news about your startup to the people who care about the startup ecosystem most is the best way to find and hire the people you really want to hire.

2) Seek one great person, not “a response.”

What’s the key metric of success in startup hiring? Many founders or recruiters will tell you that they spend money posting on popular job boards because they know that they will get a response. From that response, they will know that a certain percentage will be acceptable resumes, and they know that they can find at least one acceptable person out of the set number of people they interview.

But if resumes reveal only a fraction of a person and hiring should be treated like getting married, how could you possibly settle for what’s acceptable from a numbers game when it comes to startup hiring?

If you go into the hiring process seeking one great person instead of “a response” then you will spend your time and money where the people you really want to hire are instead of where the most resumes will come from. This is a hard approach to take because hiring is an awkward process and if you don’t get 20 resumes in your inbox after day one, it’s easy to feel like you aren’t making progress.

Then again, if you change your definition of progress to locating one person you would really want to hire each day, that feeling also changes. We suggest sending simple notes to each of those people on a regular basis to keep him or her up to date on all of the cool things you’re doing at your startup. You can then track each person’s response as it shifts from “that’s cool” to “what’s coming next?” and “what if?” with a simple spreadsheet. Sounds like Salesforce for marriage, doesn’t it?

3) To speed up the entire hiring process, make it fun by hosting a startup party at your place. Or at least go to someone else’s.

Let’s face it, all of us just want to spend time building products, making customers happy, putting money in the bank, and changing the world for the better. We end up paying money to post a job somewhere, sifting through what we get, and taking what we’re given because we want our needs filled now so we can get back to the fun stuff.

Startups Like Fun

So, to save time and our sanity, we need to make hiring part of the fun stuff. One fun and efficient way to find the people you really want to hire faster is to host a startup party.

It’s cheap (unless you’re too cool for pizza and beer) and brings a large group of startup people around you, giving you the opportunity to show all of them who you really are and how much fun they all could be having if they were working with you instead of their current startup or big company.

Also, many entrepreneurs like to try before they buy when it comes to hiring as much as they like to save time, and hosting a party is the easiest way to get a first honest look at all of your potential candidates at once.

If you’re desperate for talent, especially on the technical side, and you don’t think that your party will attract them, at least don’t waste money on recruiters or expect technical talent to immediately respond to your job postings. Go chill out where the people you want to hire already are, as long as you’re willing to bring your brain and not spam every engineer you meet.

To give you one awesome place to go, the Hackers and Founders Meetup is the best place to grab a beer with smart, passionate startup people and talk about what you’re working on. On top of that, every week there are cool speakers and hackathons and iPhone, Android, WordPress, Drupal, Ruby, you-name-it meetups happening all over the world that are full of the people you really want to hire. You can find all of these events going on in your city here.

And speaking of technical talent, did you really think that great engineers would just read your job posting and email you in the first place? Honestly, put yourself in their shoes. Every brilliant programmer is what LeBron James was two weeks ago, a prized free agent (though programmers tend to be a lot less narcissistic).

Programmers are Prized Free Agents

Brilliant programmers are prized free agents. If you want to land them, hang out with them at their place!

Did Miami land LeBron by posting a listing somewhere, offering the best terms and hoping for the best?

No, Pat Riley & Co. hung out with LeBron where he spent his time, told him how sweet it would be to play with Dwyane Wade and Chris Bosh, and got him so excited about the opportunity that LeBron left his home and $30+ million to join them. You can land the next LeBron for your startup by taking the same approach.

In the end, if you remember that the people you really want to hire aren’t looking for jobs, the best way to find those people is to organize or attend fun startup events.

Take every chance you can to show active members of the startup community who you are and what your startup is all about, and talent will leave their current jobs and money on the table just to join you.

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SD5 – 4th of July Edition

29/06/2010

With the 4th of July holiday weekend approaching, we are feeling very patriotic. To help honor the USA, here are the top 5 most popular startup events across our great nation this week. The rankings are based on data we have collected from StartupDigest.

Enjoy and share your favorite events below.

Hackers and Founders

Hackers and Founders: Dogpatch Labs, San Francisco – Thursday in San Francisco, CA
It’s about hanging out, having a beverage and talking about shiny technologies we’re playing with, startups we founded or are thinking about, stuff we read about on Hacker News, and the latest geek and startup news.

View SDbase profile: http://bit.ly/sdbaseHnF

Girls in Tech NYC

Girls in Tech NYC Happy Hour with Mashable – Tomorrow in New York, NY
Girls in Tech NYC has now joined up with the official Mashable Social Media Day event in New York City for the month of June. For this special day, please join Girls in Tech NYC along with members of the Mashable NYC team, for an evening of drinks (and drink specials!) and networking at The Mean Fiddler (266 West 47th St.).

http://www.meetup.com/Girls-in-Tech-NYC/calendar/13800493/

Southern California Venture Network
Southern California Venture Network Monthly Mixer – Tomorrow in Santa Monica, CA
The Mission of the Southern California Venture Network (SCVN) is to increase the entrepreneurial velocity of both startup and emerging growth companies. This mixer is geared towards bringing members, executive board, and newcomers together in a casual atmosphere.
http://scvn.org/calendar/event/2010/6/30/194475

Mass Technology Leadership Council

Tech Tuesday – Tonight in Cambridge, MA
If you’re looking for talent, clients or to just spread the word about what you are doing, join us for this Tech Tuesday.  You’ll have an opportunity for a fast-pitch shout-out to the audience of fellow geeks, tech savvy professionals, DIY-ers, and other industry luminaries at this high energy informal gathering.

http://www.eventbrite.com/event/690779139

GenJuice Chicago
Genjuice Chicago – Tonight in Chicago, IL
This is not a typical networking group. We are a community that offers professional, social and civic opportunities to help cultivate Chicago’s future leaders (a.k.a. you).

http://genjuicechicago.eventbrite.com/

To get the best startup events in your own city every week, sign up for your local StartupDigest issue here.

And God bless America!

USA

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NYC SD5, Top 5 Startup Events in New York City this Week

15/06/2010

Here are the top 5 startup events this week in New York City for the week of June 14th. The rankings are based on data we have collected from the NYC StartupDigest, here is a link to the most recent issue.

Some have already ended but feel free to check out the upcoming ones that have not yet passed.

Enjoy and share your favorite events below.

Tech Founders NYC #1
Tech Founders NYC is a group of technical founders and programmers interested in joining startups that invite early-stage tech entrepreneurs to pitch to the toughest audience around — computer programmers
.
http://techfoundersnyc.eventbrite.com/
,
Are you serious?
This event is put on by The Hatchery who opens their doors to give brutal honest feedback on your startup. It’s what you need to hear about your startup, covering marketing, finance, technology, business, presentation, and more.
http://www.meetup.com/hatchery/calendar/11937770/
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Entrepreneurs Roundtable 27
Entrepreneurs Roundtable meetings are “free” monthly gatherings of entrepreneurs and VC’s in New York City. This event features Chip Hazard a General Partner of Flybridge Capital Partners.
http://eroundtable27.eventbrite.com/
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Online Marketing School
This is a 5 Session Comprehensive Course on Online Marketing put on by NextNY for Business founders who realized that their CTO probably isn’t going to do the marketing work.
http://nextny.org/Online-Marketing-School
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The 14th Annual Webby Celebration
The Webby Awards honors excellence for interactive design, creativity, usability and functionality on the Internet. The ceremony features the much celebrated 5-word acceptance speeches and the very best and brightest Internet personalities.
http://www.webbyawards.com/resource_center/winner/internetfamous.php
.

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And, if you’re still not subscribed to StartupDigest you should!

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Top 5 Startup Events in Silicon Valley This Week

15/06/2010

Here are the top 5 startup events this week in Silicon Valley & San Francisco for the week of June 14th. The rankings are based on data we have collected from the Silicon Valley StartupDigest, here is a link to the most recent issue.

Some have already ended but feel free to check out the upcoming ones that have not yet passed.

Enjoy and share your favorite events below.

“What they don’t teach you at Stanford Business School about raising VC”
This is an event put on by StartupRoots and Larry Chiang featuring the all star panel of VC’s including: Jeff Clavier (SoftTech VC), Jonathan Ebinger (BlueRun Ventures), Andy Fillat (Leapfrog Ventures) and Owen Thomas (Venture Beat).

DEMO/PlugandPlay Meet-Up
This is the Silicon Valley DEMO Party which is part of the Nationwide DEMO tour. It includes demonstrats from DEMO Alumni along with local entrepreneurs and VC’s for a casual evening of cocktails and conversation.
http://demoplugandplay.eventbrite.com/

Tony Hsieh talk at the commonwealth Club
This event feature Tony Hsieh the founder of LinkExchange (Sold to Microsoft for $265M) and Zappos (sold to Amazon for $1.6b) in conversation with Geoffrey Fowler from The Wall Street Journal.
http://bit.ly/aJnTCA

Startup Waffles – San Francisco
Startup Waffles is our fun and quirky event featuring free waffles for startup founders and hackers. This months waffle event will be at Twilio’s office in SF.
http://www.meetup.com/thestartupwaffles/calendar/13741858/

Polyvore Bay Area Girl Geek Dinner
This months Bay Area Girl Geek Dinner featuers Polvore CEO Sukhinder Singh Cassidy who will talk about style, technology, and ecommerec 3.0 with a group of women technologists.
http://bayareagirlgeekdinner6.eventbrite.com/

And, if you’re still not subscribed to StartupDigest you should!

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