Category Archives: Startups

goby announces new funding!

(cross-posted to the goby blog)

It has been an amazing year for us. A year ago nobody had heard of goby. Today, half a million people a month use our service, in the process finding great new experiences to enrich their lives. That’s what it’s all about. We love it when you’re out there doing fun things you never would have found without goby (and we love hearing about the adventures!).

Today’s another big milestone for us. We are very pleased to announce that we’ve received additional funding from our partners Kepha Partners and Flybridge Capital Partners. We’re grateful for the trust and counsel they have given us, and excited about the opportunity that is ahead of us.

We have lots of great things left to build for you, lots of exciting ideas on the drawing board that have yet to be realized, and are looking forward to bringing them to you in the coming months and years.

the goby team

PS: Details here – http://eon.businesswire.com/news/eon/20101021005636/en/goby-Secures-2.5-Million-Extension-Series-Funding

a startup I’d like to see

Would somebody please build “menupages for winelists”, on a mobile device. I’d like to be able to walk into a restaurant I’ve never been to, with a wine list as long as my arm, and have the app be able to recommend wines off the wine list. Cross-reference Wine Spectator scores and prices, so I can ask: “what’s the highest rated Merlot”? “Which Italian Red has the best value (price per wine spectator point)”?. Or even just see what the street price of the wine is, and it’s rating. Anything to help me make sense out of that monster list of choices. I have some wine apps I love – my friend Brad Rosen’s Drync for example – but none that I know of has access to the wine list in a venue, the way menupages has access to, and provides searching on, the menus in a restaurant.

Some quick thoughts on Google’s acquisition of ITA

Wow. Things are really getting interesting. I’ve been talking for a while now about the convergence of search & travel, search & local, search & mobile/location based services. This is just another proof point (a $700M proof point). It doesn’t really affect Goby directly – we really haven’t been playing in the airfare space, we decided a long time ago to leave that to people who already do it well. The biggest potential losers in this deal are the metasearch players and online travel agencies – Kayak, Expedia, Travelocity and Orbitz, because Google can now build a user experience for flight search that dis-intermediates those companies and connects users directly to airlines for purchasing.

There’s also an interesting tension with many travel advertisers – Google receives billions of dollars in travel advertising revenue, but increasingly travel companies are viewing Google as competition (through things like Google Places pages and Google City Tours), and might take their ad $ elsewhere. The other interesting potential loser is Microsoft, for two reasons. First, Bing Travel is a great differentiator for Bing, and now Google has said they will build a competitor, where previously they had none. Second, Bing Travel (an enhanced and re-branded version of Farecast), was powered by ITA – it will be interesting to see how long that lasts!

Interesting times indeed. As airfares become more and more of a pure commodity, at Goby we’re thinking the action in the industry will turn to finding experiences – the real reason people travel. And Goby is perfectly positioned for that.

(btw – in addition to the obvious, Google is a winner in that they get a huge pool of deep engineering talent, and vertical expertise in the travel industry. They also pick up an interesting and not well publicized asset of ITA, the Needle project).

Joining the board of Styleta!

I am really excited to be joining the board of a cool new non-profit startup, Styleta. Styleta (www.styleta.org) is a student-run nonprofit that sells designer clothing donations online for charities that focus on women’s initiatives. Great clothes for a great cause. Please check it out!

The future of Blog Search

Does Blog Search have a future?

Blogs are one of the richest sources of information for certain classes of information. Yet they are frustratingly hard to find or extract information from, and the state of the art (Google, Technorati) feel 100% stagnant. Here are a couple of example use cases I have that aren’t well served by existing tools:

1. Recruiting. When I recruit for a particular role, I’m looking for thought leaders or people with insight and passion. Usually these people have blogs. If I could see, for example, a list of all the people in the Boston area with blogs that blog about web development, I’d probably find some rock star developers. No easy way to do this today.
2. Travel planning. I’m thinking about a stay in southern Utah at a Bed & Breakfast. Who’s blogged about their trips there that might have some good perspective for me?
3. Music Discovery. Great blogs like Aurgasm, Quietcolor or TheMusicSlut are great ways to find music. But how many others like that are out there?

The current serious choices are pretty much limited to using normal search (Google, Bing etc), or using a Blog search engine like Google Blog Search or Technorati. With Google Blog Search, you get pretty much a toned-down version of Google: a search box with 10 results – you can’t really search for *blogs*, you can only search for *posts*, with the relevance ranking determined by some version of PageRank. There’s no real sense of the authority of a blog (other than that of PageRank), and no real opportunity for discovery – just punch in your keywords and hope for the best.

With Technorati, you do get some increased power. You can search for blogs as entities distinct from an individual post, and blogs do get assigned an authority score. But the experience seems to fail as often as succeed. A search for “boston web developer” blogs on Technorati returns three blogs, all with an authority score of 1 ( the minimum) – pretty sure there are more than 3 of this kind of blog in Boston! And there’s no way to sort the blogs by their authority score, at least that I can see. The Technorati blog directory also seems to be mostly limited to “authoritative” blogs – personal blogs (for example my own) seem to have little or no representation. But on long tail topics (say, music reviews of obscure artists), blogs by “real people” are often the only place to find this kind of commentary. Most importantly, there seems to be little innovation happening in Google Blog Search, Technorati, or more generally – the field is stagnant.

What would the characteristics of a good blog search tool be? What’s lacking in today’s approaches?
1. Comprehensiveness. There’s hundreds of millions of blogs (Billions?) – yet Technorati doesn’t seem to find many of them. (Google is more comprehensive, but limited by the “search box + 10 results” interface).
2. Ranking of blogs relative to search query and/or authority of author. (Of course this ranking problem is non-trivial. There are some interesting ideas on authority for twitter accounts which could perhaps be leveraged, e.g. http://thenoisychannel.com/2009/01/13/a-twitter-analog-to-pagerank/)
3. A faceted, searchable directory of blogs supporting discovery. Categorization technology has come a long way. It ought to be possible to categorize every blog against a reasonably detained taxonomy or facet set (say, the Open Directory categories, or something better), with 80% accuracy, across some common facets: topics, locations, age of blog, date of last post, and so forth. Even at 80% accuracy, this asset would be quite effective. And with a little UGC thrown in, the 20% that matter, and are wrong, will quickly get corrected. Using a microformat like hCard, blog authors could document their blog’s metadata quickly and accurately. Blogs also typically have some consistent thematic elements, such as an “About” page or a Blogroll list, that could be mined for interesting metadata. This kind of experience would power a new way to discover fresh and interesting blogs & content.
4. Recommend other, similar blogs. Powered by the facets above, or by a blogroll analysis, or something similar, a recommendation feature for similar blogs could be implemented, based on information readily available in an “almost standard” format.

Verticalized Blog Search Engines might also provide some task-centric capabilities. As I’ve written before, the future of search is about providing task-centric search capabilities. In music for example, The Hype Machine has some very interesting behaviors it can support, simply by virtue of being focused on music.

The obvious question: what business or investment model would support this kind of vertical search engine? In the Goby world of travel and entertainment, there’s a long history of various ways to monetize that kind of content. In the “pure content” world of blog search, it’s less clear – a pure page-view based CPM ad model isn’t likely to work. If the New York Times can’t make that kind of model work, a startup probably can’t either. Perhaps some form of interest-based, downstream ad retargeting approach might get enough leverage that it could get to critical mass. Alternatively in some domains a “freemium” model might work, where additional tools (say for recruiters or brand managers looking for a competitive edge). Given the scale of the problem, it’s not clear a bootstrapped company could take this on – the infrastructure requirements (bandwidth for crawling, servers, etc) probably require a non-trivial level of investment.

What blog search tool do you use? Do you use a blog search tool? or just Google? Is anyone innovating in the area?