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                   placeblogger
placeblogger
Lisa on LinkedIn:
linkedin.com/in/lisawilliams
      Lisa on Twitter:
       @lisawilliams



                      placeblogger
Thinking Like a Startup
(Whether You’re Part of one or Not)

                         Lisa Williams
                    Placeblogger.com

                         placeblogger
But wait, I don’t want to be part
           of a startup




                        placeblogger
placeblogger
Journalism will survive the death
        of its institutions




                        placeblogger
placeblogger
placeblogger
Journalism is becoming a high-
          tech industry




                      placeblogger
What this means for journalists




                       placeblogger
Shorter job tenures
 Projects, not companies
Careers aren’t hierarchical
         anymore



                     placeblogger
placeblogger
It’s not cost of goods,
     it’s cost of sales
This applies whether you’re in
        charge or not


                         placeblogger
$100k




        placeblogger
Prospect funnel

X3 = 8,571 prospects (23/day)
X8 22,857 prospects (64/ day)


                        placeblogger
Responses

       Raise the price
       Widen the area
(or become non-geographic)
      Capitalize and flip


                      placeblogger
Site      Startup   Tech at     Phase 2     Phase 2       Exit/
             Capital   launch       tech      financing     Uniques
Blogher       >$10k    Movable      Drupal      NBCi,       Acquisition
                        Type                   Venrock         8M
                                                 $5M
Television    >$10k    BBforum,      MT,      Bootstrap,     Acquired
Without                 Plone      Prospero   Advertisers    by Bravo
Pity                                                            1M
TechCrunch    >10k     Wordpress   WPMU        Bootstrap,        ?
                                                  ads,          1.8
                                              conferences
Huffington    ~300k    Custom       MT,         $5M VC      Acquisition
Post                   SixApart     Rails     investment       2.5




                                               placeblogger
Most news organizations are
about taking something free and
    making it worth money.

 Most internet companies are
 about taking something that
costs money and making it free.

                       placeblogger
The web rewards narrow
  comprehensiveness
“everything about something”



                       placeblogger
“Good tests kill flawed theories;
we remain alive to guess
again.”




                     placeblogger
Thanks!

     Lisa Williams
lisa@placeblogger.com


                  placeblogger

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