Freshbooks: 7 Ways It Almost Died

I’m a little late on this one because I’m on vacation this week, and my blogging and Twittering metabolism has slowed down, but I wanted to take note of a great post that my friend and fellow mesh organizer Mike McDerment wrote the other day, entitled “7 ways I’ve almost killed FreshBooks.” It’s a list of lessons that Mike has learned during his time as CEO and co-founder of the online invoicing company, and there are some definite pearls of wisdom in there. Among my favourites:

1. Thinking we had to move faster than we did

I remember back in 2005 feeling that if we did not blow our lights out and spend every penny we had on marketing “right now!” someone would obliterate us. I had this impending sense of doom for *years* based on our speed.

and

4. Placing my faith in consultants

Nobody cares about your business as much as you do, and frankly people who are smart - consultant/MBA smart - don’t know your business as well as you do despite the fancy words and references to past success.

and

6. Believing we could not get this far without doing “x”

I remember talking with people back in 2004. Many believed we could not get anywhere without signing a “deal” with a “partner” or taking “VC money” or “whatever”. Here’s my advice: sign the right deals with the right partners at the right time for the right reasons.

Go read the whole thing.

Mozilla: The browser as operating system

Way back in the mists of time, the rise of Netscape and the Web was seen as putting pressure on Microsoft and its Windows monopoly because of what some called the “browser as operating system.” Much of that early promise — or fear — has yet to be realized, but looking at something like Ubiquity, the alpha software from Mozilla Labs, it looks as though it is coming closer. In effect, Ubiquity wants to tie together all of the Web-based software and services like Google Maps, Wikipedia and Twitter by using the browser, so that users can integrate them into things like email, instant messages and Web pages.

In the video below, Aza Raskin of Mozilla — who happens to be the son of legendary Apple designer Jef Raskin and is also the developer of the excellent music app Songza.com — demonstrates some of the ways in which users could tie together different services with Ubiquity, by inserting a Google map and reviews of a restaurant quickly into an email to a friend. The app recognizes simple terms like “map these” (after a number of listings are selected), and different services can be added by simply subscribing to scripts that use Ubiquity’s code.


Ubiquity for Firefox from Aza Raskin on Vimeo.

 

Fred Oliveira thinks that Ubiquity could be a big deal, and I think Fred might be right. It may not happen right away, and it may not look exactly like Ubiquity does right now, but I think the idea of tying Web services together using the browser as a kind of platform or operating system makes a lot of sense. Aza Raskin has more on the launch here.

Embargoes: Thanks but no thanks

There’s been a bit of a conversation going on lately — both out in the open, on blogs like Louis Gray’s and Profy and others, as well as behind the scenes on FriendFeed — about the value of embargoes. For anyone who doesn’t know, an embargo is when a PR or marketing company asks a journalist to sit on a press release and not write about it until a certain date. Companies (or their PR firms) ask me for them all the time, and I say no in almost every case. Why? Because I think that embargoes do a lot more for the companies that ask for them than they do for the journalist (or blogger) who agrees to abide by them.

The classic argument in favour of embargoes — as described by Rick Turoczy in a guest post on Centernetworks a while back — is that they “give journalists and bloggers time to research a story” before they write about it. In most cases, to be honest, that is complete crap. In other words, that might be a nice justification for the embargo, but in practice I would argue that it rarely happens. What happens is that everyone who abides by the embargo comes out with a nicely-packaged story that hits all the points from the press release, and they all come out at the same time. How does that really help anyone?

I take that back. It does help someone: it helps the company that is trying to push their new gadget/service, and it helps the firm that is trying to get as much free publicity and marketing juice as possible for their client. If a company has developed a personal relationship with a journalist or blogger, then I could see doing someone a favour by respecting an embargo. But in most cases by agreeing to an embargo, bloggers are just helping to load the tubes with PR bumpf so that the client and the PR firm can get a nice bang for their launch.

It’s the PR equivalent of the “first day pop” in the IPO market. Brokerage firms routinely underprice the shares of a stock they are launching as a new issue, and try to make sure that the offering is “oversubscribed” — in other words, they try to line up lots of institutions who want to get a piece of the stock, so that when the shares go public they get a nice boost. Does that serve either the company or the average shareholder? No. Embargoes are like that. They lead to stories and blog posts that are full of sound and fury, but little real value.

Blatchford pines for the monologue

At the risk of causing an inter-office brouhaha, I can’t resist commenting on the piece that my Globe and Mail colleague Christie Blatchford wrote for the paper today, about her dislike of this whole “blogging” phenomenon, and how it is ruining journalism (at least I think that’s her point). Ms. Blatchford has carved out a reputation at both of Canada’s national newspapers for being a crusty, “things were better back in my day” kind of columnist, so this is very much in that spirit — but it’s more than that. You can tell by reading it that Blatch really believes that something special about journalism is dying.

It’s more than just not having time to blog after writing newspaper stories, although that’s part of her complaint, and it’s more than just the fact that blogs are filled (she believes) with meanderings and ephemera of little value. There are two key portions of her rant, as far as I’m concerned. The first is where says that:

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Video: The “gridlock economy”

I don’t like to delve too deeply into economic theory and that sort of thing on this blog — I leave that to my friend Paul Kedrosky and his gang — but this video, which Paul wrote a post on recently, was so fascinating that I watched the whole thing, and it’s over an hour long. Michael Heller, a lawyer and professor at Columbia who used to work at the World Bank, isn’t exactly the world’s most thrilling speaker, but his talk about what he calls the “tragedy of the anti-commons” and how it has led to a “gridlock economy” in many specific markets — including pharmaceuticals, the cellular telecom business and the airline industry — is really thought-provoking. My favourite part is when he talks about going to Moscow after the fall of communism to advise the Russian government on how to create a market economy as quickly as possible.

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about me

I'm a technology writer with The Globe and Mail in Toronto, and this is where I blog about things I come across on the Web. Feel free to leave a comment or use the contact form to send me an email.

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