Entries from January 2006 ↓

What do you think? This theme or Fauna (the yellow one I’ve been running)?

I imagine looking back a year from now and thinking about how we got our start on the company blog. How, so many people immediately started reading it and linking to it. It has all been rather a shock – but a nice one. It’s not like we haven’t worked on it. All our spare time during the day and evening have been spent writing, linking and looking at new story ideas.

I know we’re still talking about small numbers but we’ve made some very significant strides for two weeks work. Shannon and I were talking on the phone tonight and she excitedly told me that our blog had managed to get us on page 1 of a google search she performed. This, with absolutely NO SEO work. That is even more amazing to me than the unique vistors and page views we’re getting. Speaking of that I thought I’d throw up a screen grab of this past week’s uniques. Cheers.

Great idea for a Jeep ad. I could actually see it playing in Europe or Oz but probably not around this neck of the woods. Too bad, it doesn’t seem patently offensive to women (I could be wrong) and it is low key in a way that almost makes it feel subtle – even though there’s nothing subtle about it.

Lately, I’ve been feeling pretty damn happy. You know how when you work and work and nothing seems to go right and then, seemingly, all of a sudden, things break for you? Then, not only have you broken through a plateau but you’re accelerating beyond the reaches of your imagination? Yeah, that’s how life has been going for the last couple of months and especially in 2006. Did I tell you that 2006 is my break through year? No, well it is.

Much has been fueled by following a discipline in all things from working out, eating good food, focusing on important things (like my kids) and really starting our business. I got a real shot in the arm with all the traffic our business blog is garnering after only a couple of weeks. I’m starting to really appreciate the term organic and not look down on it for it’s buzzworthy overuse. Having been the recipient of real organic growth of our company blog traffic it’s real to me now.

Part of this really hit home when Shannon and I were looking at our blog referrer stats tonight. There was a bunch of traffic coming from the guy’s site who made TiddlyWiki’s. He had actually read my post and was featuring an excerpt of it on his home page! Given that I love his TiddlyWiki tool this was a real honor (and yes, it stroked my ego) but it was more shock than anything else. I took a screen shot to celebrate the occasion.

Courtesy of CNNMoney.com

Shannon got me a round of golf at Palm Beach Gardens golf course for Christmas and today I got to unwrap my gift. I had the day off, the weather was perfect and we had an absolutely fabulous time. It was one of those days where you feel the rays of sun on your face and it makes you feel so happy. The grass was green, the swamp was swampy, and the balls flew all over the place. They even went in the hole on occasion just the way they are supposed to (we both hit our usually horrid and wonderful shots). Shan even got to hit a ball about 5 yards away from one of their Gators. She admitted to being a little nervous but I reckon the Gator was more concerned with the humanoid with a club.

It really pains me to see our old company, Knight Ridder Digital, up for sale (Shannon and I are both KRD alumni, and it’s actually where we met). Everyone knows that current Knight Ridder shareholders are looking for bigger profits and valuation from the looming sale. They’ll get some of that but only if they recognize what they have and invest in it. I’ve been surprised that none of the press has talked about other companies that could stand to benefit from buying Knight Ridder other than the suitors that have been written about, which are primarily newspaper companies and money managers (I’ll expand on this point later in this post). Yes, print is going down hill – no kidding – but that doesn’t mean that there isn’t value in the product, it is great local content after all, and it still requires investment and the best management to make it work. You keep managing a mature product as a dead product and you create a self-fulfilling prophecy, and all your best people leave.

From the sounds of it you’d think I was an old company stalwart. Actually, I love technology and new companies but I’ve worked for old line, mature product companies for much of my career. I worked for Pacific Bell Directory (SMART Yellow Pages) in the Bay Area for 10 years in the 90′s and played a role in the “Merger integration” work for the entire sales division for Pacific Bell Directory when SBC purchased Pacific Telesis. I was one of two representatives from sales leadership who flew out to the St. Louis headquarters of SBC’s Yellow Pages and got a front row seat to the efficiencies planning, ‘best practices’ work and new management structures that would become the new company. It wasn’t pretty.

Tony Ridder understood the impact of the Internet back in the mid-90′s much better than most as the Chicago Tribune points out quite accurately, and he backed his vision with real investment dollars until the ‘Dot Com Bomb’ of late 2000 started to detonate. From then on until about a 18 months ago I would say that Knight Ridder has managed their growth Internet properties like a mature product with very little investment and an almost unseen amount of innovation. Why? Investors and Wall Street. Could Wall Street, Tony Ridder, the board and senior management have done better? Yes.

I used to delight in telling my new employees that Knight Ridder was the first company in the world to publish a newspaper online (MercuryCenter on AOL) but it was a hollow statement in more recent years as I took part in laying off staff that we desperately needed in an industry with a REAL hockey stick growth rate! Stop and think about that. Why would a company with major assets in one of the hottest industries be cutting staff? As far as management practices go this one is a non-starter. It’s not like people thought during the time of the dot com bomb that the Internet was going to go away or stop producing results!!

From the company legacy and employee perspective there is very little good that comes from being acquired. On the flip side the purchasing company will have many upsides, including a plethora of new job opportunities in middle and senior management and a very real power boost from owning new brands, expertise and products. But, I think the truth of the matter is that it’s not that much fun for anyone but the stockholders. Even then there is certainly no guaranty. Knight Ridder is a good company, no doubt under performing on Wall street but I believe it is just our investor Attention Deficit Disorder and management vision that make it so.

About a year after SBC purchased Pacific Bell, they purchased a VERY small independent telephone company called SNET, Souther New England Telephone with primary operations in Connecticut. They were like a gnat on the ass of an elephant in comparison to the might of the afore purchased Pacific Bell. A funny thing happened. SNET’s board and senior management made sure that their deal language protected their people, company and legacy in a way that was shocking to the street, and even more so to PacBell people. When SBC purchased PacBell there was almost a wholesale change of management and business practices despite the fact that there were many really bright people at PacBell and some great ways of doing business. SBC threw the baby out with the bath water. To the credit of SNET’s leadership they at least saved some vestiges of management respect when they went down. I hope that Tony Ridder has the guts to do just that. He’s representing generations of Ridder’s, Knight’s and countless thousands of people who have brought great news and advertising to the U.S. and even the world. I hope that the resulting company will respect what they have and invest in it – that it won’t just be an efficiencies race like we all know is the likely outcome. I’ll be rooting for Mr. Ridder, his board and his senior managers like Hilary Schneider, and all the great friends I have there to pull off the all-but-impossible.

The Yahoo! and Google equation that no one is writing about

Maybe that’s because my following hypothesis is all wet but hear me out. I say that Google or Yahoo! should buy Knight Ridder and would greatly benefit from the purchase. New world companies like Google and Yahoo! have more need for KR’s content and more respect for their success in journalism and advertising than any of the other newspaper companies said to be looking at KR. Never mind the news content, what about the hugely successful world of online recruitment where Knight Ridder is 1/3 owner of CareerBuilder.com? Knight Ridder’s online recruitment revenue’s are about 40% of their total online revenue and it only keeps growing. If Yahoo!, currently third in the online recruitment space to CareerBuilder’s second, purchased Knight Ridder they would become a Monster.com squashing powerhouse. Yeah, Tribune and Gannett, the other owners of CareerBuilder would have to agree to the sale but I think they could find it in their hearts to get in bed with Yahoo!, especially if Yahoo! extended some of their other offerings to them. I don’t think it hurts that the CEO of HotJobs, Dan Finnigan, used to run Knight Ridder Digital and was a chief architect of the CareerBuilder acquisition. After working for Dan at both Knight Ridder Digital and before that SBC’s SMARTpages.com I saw first hand what a great biz dev talent he is and I can’t believe Dan’s not thinking about these things and talking them over with Terry Semel, CEO of Yahoo!. Yahoo! could also combine efforts with Knight Ridder in the hot local search space, a huge oil well waiting to gush the online equivalent of black gold by using the local advertiser relationships that Knight Ridder has. Did I mention that Dan brought over Knight Ridder Digital’s VP of Sales, Tim Lambert to run biz dev at HotJobs? I know Tim well from working for him for years and he’s now moved on to head up Yahoo!’s local sales effort (local search) and is using the experience he gained at Pacific Bell Yellow Pages and Knight Ridder Digital to make Yahoo!’s local search effort a real success. The only thing I’d say against this hypothesis is that Yahoo! has a lot of broadcast depth and focus in their senior management and their content clearly leans that way so I could understand if they’re not as excited about print content, as they would be to acquire say, CNN broadcast content but it could still play.

Google also stands to win in this same scenario where they could gain Knight Ridder’s content but also establish themselves overnight in online recruitment, a space that they are clearly starting to go after while also substantially furthering their local search efforts. In fact I believe that a Yahoo!/Google like solution is the ONLY one that will help KR grow and become even more than they already are. Alas, the newspaper companies that would buy KR would only interject more of the same thinking that put Knight Ridder where they are to begin with and a purchase from money management firms will be the beginning of the end of a great company. Please don’t do it Mr. Ridder – no matter what pressure you come under – let your last at bat be the one you hit out of the park for your brothers and your mom, your dad, your legacy and for all your employees that are counting on you. Believe me, as former employees and as people who have both enjoyed representing your products AND using them please know that we are cheering you on!!

Oh, and if you and your brothers start another news company with all the money you make from the sale and eventually go public, make sure you have two classes of stock.

Good luck

Seasons ~ Stevie Wonder, Stevie Wonder’s Journey Through The Secret Life Of Plants” (1979)
Brought back to life by the broadway musical RENT

five hundred twenty five thousand six hundred minutes
five hundred twenty five thousand moments so dear
five hundred twenty five thousand six hundred minutes
how do you measure? measure a year

in daylights,
in sunsets,
in midnights,in cups of coffee,
in inches, in miles, in laughter, in strife
in five hundred twenty five thousand six hundred minutes
how do you measure a year in a life?

how about, love?
how about, love?
how about, love?
measure in love…
seasons of love…
seasons of love…

(Stevie)

five hundred twenty five thousand six hundred minutes,
five hundred twenty five thousand journeys to plan,
five hundred twenty five thousand six hundred minutes,
how do you measure a life of a woman or a man?

in truths that she learned,
or in times that he cried,
in bridges he burned,
or the way that she died,

(Cast)

its time now, to sing out though,
the story never ends,
let’s, celebrate remember a year in a life, of friends,

(Cast)remember the love…
(Stevie)(oh you gotta remember the love)
(Cast)remember the love…
(Stevie)(oh yeah,yeah,yeah,yeah,yeah,yeah,yeah,yeah,yeah)
(Cast)remember the love…

(Stevie)(‘member, sing out, give out, measure your life!
measure in love, measure in love, measure in love, measure in love, measure in love, Ohhhhhhhh)

(Cast)
seasons of love…
seasons of love…
seasons of love…
seasons of love…

(Cast)
In Diapers – Report Cards
In Spoke Wheels – In Speeding Tickets
In Contracts – Dollars
In Funerals – In Births

(Cast W/ Stevie)
Five Hundred Twenty-Five Thousand
Six Hundred Minutes
How Do You Figure
A Last Year On Earth?
(Stevie)
How Do You Figure
A Last Year On Earth?
(Cast)(Seasons Of Love…)
(Cast W/ Stevie)
How Do You Figure
A Last Year On Earth?
Five Hundred Twenty-Five Thousand
Six Hundred Minutes
How Do You Figure
A Last Year On Earth?
Seasons of….LOVE….