<![CDATA[Gawker: valleywag, silicon alley insider]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, silicon alley insider]]> http://gawker.com/tag/valleywag/siliconalleyinsider http://gawker.com/tag/valleywag/siliconalleyinsider <![CDATA[Silicon Alley's Bitter Awards Scramble]]> The image associated with this post is best viewed using a browser.For a startup founder itching to cash out, the recession can be tough: The economy fades hopes for an acquisition or plum funding round. Perhaps this explains some of the testiness around this year's awards from Silicon Alley Insider.

Corporate awards might seem silly, but for some entrepreneurs, they are among the few forms of recognition still within reach. And the Insider's Silicon Alley Awards, intended to "celebrate the resilience of New York's digital industry in the face of the global economic collapse," has its share of obsessives. One even wonders if the selection process has been tilted in favor of nominees with financial ties to the Insider.

Henry Blodget's publication yesterday released its final list of nominees. The nominees were selected by the Insider with input from an online poll.

As our tipster notes, the 25 finalists include Gilt Groupe, co-founded by the same team that started Silicon Alley Insider; Huffington Post, co-founded by Insider investor Ken Lerer; and Thrillist, started by Ken's son Ben Lerer.

It's hard to argue with, say, HuffPo's impact over the past year; it pioneered a particularly effective form of citizen journalism and grew both its traffic and profile by leaps and bounds. But, as with the other two nominees, its links to the Insider were not disclosed; maybe they should have been, as our tipster argues, if only to keep the awards above reproach.

Blodget, who says he "understand[s] the concern about disclosures," he since added a note to his nomination post outlining "every possible conflict I could think of." And while he conceded "there was definitely some subjectivity in the selection of the final nominees," he defended his process:

We explained up front that, while we would take the nominations and votes into account when picking the final 5 nominees, the votes would not determine our selections.

The reason we don't use straight votes in these things, by the way, is that we have learned from experience that they are too easy to game...

For what it's worth, we won't be involved in picking the winners [see explanation at bottom of this post].

For those still dissatisfied with the process, just remember: It's only an arbitrary prize. They're a dime a dozen. If you don't win SAI's, why not go for a Webby? They hand those out to practically anyone!

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<![CDATA[Henry Blodget's Love/Hate Relationship with Eliot Spitzer]]> United by ignominy, former Wall Street analyst Henry Blodget has forgiven Eliot Spitzer, the prosecutor who cost him his job. And he's getting softer on him by the day.

In an interview with Bloomberg TV, Blodget explains why he voted for Spitzer in his run for governor of New York, even though he "disagreed" with the "conclusions" of Spitzer's investigation of the dotcom stock bubble. (Before he found fame as a call girl fan, Spitzer led a series of prosecutiuons against Wall Street abuses, which ended up with Blodget barred from working on Wall Street.) What Blodget said on TV:

The world needs people with that amount of chutzpah to come in and take on everybody. And so, I actually got to the point where I voted for him for Governor because I wanted to see what would happen when you took that personality and that force for change into Albany.

Blodget talks about his "respect" for Spitzer. Which is already a marked difference from what he wrote in his Silicon Alley Insider blog two weeks ago:

A year or so after the Martha Stewart trial, Eliot dropped by a Slate event before launching his run for governor. I met him in the buffet line.

ME (napkin roll in hand, flustered to suddenly find myself in the presence of my Destroyer): Hi, Eliot, Henry Blodget, good to meet you. You made my life a bit rough there for a while!

ELIOT: (3,000-watt smile): That's my job!

(Yes, he was charming. And I respected a lot of what he had done. I even voted for the bastard.)

So which is it, Henry? Do you respect Spitzer, like you told Bloomberg? Or is he your "Destroyer" and a "bastard"? Remember, Spitzer landed you in a heap of trouble the last time for just this kind of doubletalk.

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<![CDATA[When bloggers blog bloggers, is the result blather — or better?]]> Did you know Netscape cofounder Marc Andreessen has joined eBay's board? Why yes, it's true — and it happened last month. VentureBeat editor Eric Eldon had gotten a belated tip about the hire, and published the story without checking the date. "I made a stupid mistake," he tells me. (He was more oblique in Twitter.) Eldon rapidly took the story down, but not before it was syndicated to The Industry Standard, where it caught the eye of Nicholas Carlson, my former charge at Valleywag who has landed at Silicon Alley Insider.

See the hypercompetitive pattern? Hacks have always hustled to scoop rival papers. But tech blogs are being driven to distraction by the notion that they've been beaten by a story. In the rush to publish, they're not even stopping to check their own archives.

Checking actual facts is far more cumbersome. Jordan Golson, another former Valleywagger who now blogs at the Industry Standard, made a stink about a report on TheHill.com about iPhones coming to Congress. TheHill.com's overly sensational headline topped a report that merely stated that Congress's administrative arm was testing some iPhones. Golson called the flack quoted in TheHill.com's story, who backpedaled from his earlier statement that "lots" of Congressmen had requested iPhones.

Tom Krazit of CNET News, one of the guilty parties cited by Golson for reblogging TheHill.com, got to the bottom of things: Congressional IT administrators were testing a total of 10 iPhones, and all of two Congressmen had asked about getting iPhones instead of the standard-issue BlackBerry.

This messy process shows the blogosphere at its best and its worst. Through a series of iterations, the horde of bloggers arrived at the right result. In the meantime, however, a lot of people got the wrongheaded notion that Congress is switching to the iPhone any day now. (I'd note that TheHill.com has yet to retract its initial report; it would not be the first time a flack has said something, regretted it, and then claimed he was misquoted.)

There will always be a factchecking squad on the Internet. But I think the reblogging craze will fade over time, as the Web's writers learn the deep satisfaction of telling one's own story for the first time — not repeating someone else's for the nth.

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<![CDATA[Lazy reporter crowdsources new column]]> Peter Kafka is Kara Swisher's latest star hire at AllThingsD. She stole him from Silicon Alley Insider, where he worked with Henry Blodget. At SAI, Kafka always seemed to do fine without invoking the wisdom of the crowd. Why is Kara pushing him to go on and on about nothing? His first post was the standard Web 2.0 "Hello, world." His second takes 400 words to restate its own headline. Peter, here's my first and last free rewrite. Give me credit for not saying "Kafka-esque."

CrispyGamer Must Be Running Out of Money

- If you’re not paying attention, it may seem as if the cratering economy ...
- CrispyGamer, a newish videogame site, has raised $8.25 million from J.P. Morgan’s Constellation Ventures.
- But CrispyGamer also says it has a staff of 20 people, including five full-time writers (what does everyone else do there?). That’s an awfully big staff to keep afloat on $2 CPMs–and it’s hard to imagine that CripsyGamers’s backers imagined that’s what they were getting into earlier this year.

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<![CDATA[Nine Signs Your Boss Is About To Lay You Off]]> .

And, if the axe does fall....

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<![CDATA[Indian gangbangers get rich off U.S. tech industry]]> "'Thanks to convoluted laws and corrupt officials, claiming ownership over a piece of property in Bangalore can be as easy as hiring thugs to paint your name on the side of a building.' The chaos makes gangsters who can impose order — like the murderous Muthappa Rai — very wealthy."

(Disclosure: Former Valleywag pageview champ Nicholas Carlson now blogs at a higher pay scale for Silicon Alley Insider. Good reblog, Nicholas! Now quit rewriting like you're an NPR foreign correspondent. I work in tech. If I want to meet "the murderous Muthappa Rai," I'll book a junket to visit the call center. (Photo for Wired by Scott Carney, who unlike Carlson actually went to Bangalore.)

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<![CDATA[Henry Blodget needs more layoffs to write about]]> "Yahoo will almost certainly fire too few employees when it announces its mass layoffs this week," predicts Henry Blodget, the disgraced stock analyst everyone now listens to. Henry's got a bunch of charts you can look at, or you can read his kicker: "What's the smart amount of spending decline to plan for? We think about 10 percent next year and slightly more in 2010. We would also plan on the decline lasting at least two years."

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<![CDATA[Henry Blodget's family feud]]> Why did disgraced stock analyst Henry Blodget post a long email by Mahalo CEO Jason Calacanis to Silicon Alley Insider, and then take it down? There's the obvious reason: Calacanis hadn't given permission for it to be republished. But Silicon Alley Insider has reprinted Calacanis's emails before. We think it more has to do with the fight that broke out in the comments between Calacanis and Howard Lindzon, a Phoenix, Ariz. hedge-fund manager who owns a piece of Blodget's blog. Could it be that Calacanis's copyright gave Blodget a convenient excuse to unpublish the piece — an item that was generating ill will between one of his investors and a startup CEO whom Blodget thought it expedient to suck up to?

If so, the peacemaking attempt failed. Lindzon has made no secret of his dislike for Calacanis, on his blog and on Twitter after Twitter after Twitter. In a post discussing the bailout, Lindzon gratuitously dissed Calacanis as someone who "started a bad business (Mahalo.ugh) at the top and now is scared and panicking to his e-mail list." Calacanis extended an olive branch:

Actually, we agree that value is built in the down market. There is less competition for talent, customers and market share in down markets, so it is the ideal time to start. However, many of the A/B round Web 2.0 companies are going to run out of cash before they get to the promised land, and my email newsletter was a to try and help those folks who are struggling.

Lindzon replied:

Actually, stay off my blog.

Does staying off Lindzon's blog include Silicon Alley Insider? No wonder Blodget, always eager to please, would just as soon stay out of this fight.

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<![CDATA[Henry Blodget taps Forbes survivor to edit tabloid business-news site]]> Does Henry Blodget, the disgraced former Wall Street stock analyst, have a Forbes fetish? We ask because his latest hire, Caroline Waxler, has the business fortnightly on her resume — as does soon-to-depart Blodget employee Peter Kafka. Blodget, best known for his Silicon Alley Insider site, seems to fancy himself a business-blog mogul, running two other sites — Clusterstock and the Business Sheet. Waxler will edit the latter which, in a refreshing piece of honesty, explains, "We’re still in beta, which means we still suck."

At present, the Business Sheet's headlines read like Rupert Murdoch had reassigned the editors of the New York Post to man the Wall Street Journal's copydesk. I trust Waxler, with whom I worked at a now-forgotten business magazine, will liven things up. Most recently, she attempted to bring a dash of celebrity to an overserious TheStreet.com. And besides working at VH1 on shows like Best Week Ever, she has comedy running in her veins: Joan Rivers is her aunt. If anyone can find the funny in a market meltdown, she can.

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<![CDATA[Murdoch-owned tech site steals Henry Blodget's top blogger]]> The latest hire in online tech outlets smacks of cannibalism. Silicon Alley Insider, the vanity blog vehicle of former Wall Street stock analyst Henry Blodget, has lost managing editor Peter Kafka to AllThingsD, the vanity blog vehicle of Kara Swisher and Walt Mossberg. Dow Jones makes for a steadier parent than AlleyCorp, the tech-startup holding company of DoubleClick cofounder Kevin Ryan. But one would think Swisher, who confirms the hire and says Kafka will start at the end of October, might have first raided the vast hordes of reporters working in the faltering medium of print before feeding on her own kind. Let's just hope she lets Kafka get out more.

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<![CDATA[Silicon Alley blog reports on coworker's hire]]> Gilt Groupe, the invite-only high-end group-spelled-with-an-e-at-at-the-end e-commerce site you're not supposed to have heard of, got a new CEO today, former Martha Stewart CEO Susan Lyne. Cofounder Alexis Maybank, pictured here, will become chief strategist. Through AlleyCorp, DoubleClick cofounder Kevin Ryan owns both Gilt Groupe and Silicon Alley Insider, the tech blog which reported the news, citing "a source familiar with the situation," which we think is journalismspeak for "Kevin Ryan." Synergy! [Silicon Alley Insider]

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<![CDATA[Media hacks compete for best nonworking Olympics links]]> So far, no one has published a workaround for YouTube's block on Americans trying to reach the site's beijing2008 channel. But lazy reporting and glib posts from reputable sites make it sound like the geeks (i.e. me) have solved the problem already. Wired, Silicon Alley Insider, and Om Malik's NewTeeVee are the worst offenders. I spent most of today actually trying their suggestions. I am obligated to report they're all worse than useless. Here's how each of them failed:

Specifically, NewTeeVee's Janko Roettgers recommended Indian proxy servers that all proved to be either dead or "transparent," meaning they pass your IP address along to YouTube's servers, making you easy to block. He lists a bunch of sites where he guessed video "should pop up." He guessed wrong.

SAI's Eric Krangel didn't even bother listing proxies. He just tells you to "use a proxy server through a country on YouTube's whitelist like South Korea." He also lists a few non-English streaming sites that have zero Olympics footage. Eric, next time try it yourself before you send your readers on a goose chase.

In addition, each of these writers also list a bunch of streaming sites like Veetle and pirate networks that, having been there, we can tell you are packed with nothing but NBC bootlegs. [Clarification: These clips are pre-game coverage from broadcast TV, not from nbcolympics.com, which hasn't started posting yet.]

Wired's wiki page is a shotgun blast of every possible link anyone could think of, including stale tips on watching the BBC from 2005. Like others, it sends the readers hustling to try out links that the authors clearly didn't test first. I tried every single one of the downloadable players listed there. China's Olympics channel, CCTV-5, has been removed from all.

If you want to watch soccer instead of reliving a MetaFilter thread from three years ago, the only actual end-run we've found is this live CCTV-5 stream that lets you watch in silence at 291 Kbps.

We're still looking for an end-run around for YouTube. Send us a working hack and you'll be our hero of the week. But if all you've got is a few guesses you haven't tried, send them to the reporters listed above — they clearly love that stuff.

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<![CDATA[Silicon Alley Insider publisher raises money]]> Silicon Alley Media, disgraced tech-stocks analyst Henry Blodget's recently formed blog collective, has raised a modest $1 million from wealthy investors, Tech Confidential reports. The A round's A list included Tacoda cofounder Dave Morgan and former Wall Street Journal publisher Gordon Crovitz. With the proceeds, Blodget is hiring editors for two new sites: Clusterstock, a spreadsheet-heavy analysis site, and Business Sheet, a tabloidy take on business personalities.

Those sites seem inspired by the best ideas to come out of Silicon Alley Insider, Blodget's first blog effort. But they also seem a nod to Blodget's failed ambitions. Originally conceiving of Silicon Alley Insider as a look at New York's supposedly burgeoning technology scene, Blodget and his New York-based editors quickly realized there was no there there. They shifted gears to start covering large, publicly traded technology companies — most of which were based a continent away in California. (They even hired a Silicon Valley correspondent.) A wise move, but one that left their flagship publication with puzzling branding.

No matter. We do not hope Alley Insider fails, since we find the site a must-read, odd name and all. But if it does, or ends up merely a middling success, Blodget will have other publications to rely on. That talent for shapeshifting is one rarely seen in the entrepreneur-hostile realm of Manhattan.

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<![CDATA[Apple shareholders threaten Henry Blodget]]> After an interview with employee Dan Frommer, Silicon Alley Insider publisher Henry Blodget received a "threat" from an Apple shareholder who didn't like the pair's skepticism about the market for iPhone applications and the stock's performance. But rather than go after Blodget for shorting AAPL, why not mention that the analysis comes from a man who had to settle a fraud suit and was kicked out of the financial business? That seems easier. [Silicon Alley Insider]

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<![CDATA[Jason Calacanis refuses to answer twenty simple questions]]> With Silicon Alley Insider suggesting that Mahalo founder Jason Calacanis has a gambling problem, I figured it was time to take the intervention up a notch. Calacanis has endorsed workaholism in the past, leading me to believe that he doesn't take what psychologists have termed "process addiction" particularly seriously. So I sent him the standard twenty questions from Gamblers Anonymous. He was incredulous. "R u asking me to respond to these for a valleywag post?!?" [sic] I suggested he tally up the responses and send that instead — after all, what does he have to worry about? GA suggests seven or more "yes" answers is indicative of a gambling problem. And betting a company's future on raising a venture capital round or angling for a higher valuation ahead of a sale counts.

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<![CDATA[Henry Blodget, neat freak]]> Is disgraced stock analyst Henry Blodget the reincarnation of Howard Hughes? In an inadvertently revealing Silicon Alley Insider post explaining his dislike of Windows Seven's touchscreen features, Blodget's screaming germophobia is on full display.

We never touch our PC screen, and we hate it when other people touch our PC screens.... We're not particularly anal, and we polish up our Blackberry every thirty seconds or so.... So excuse us if we don't jump up and down in excitement at the thought that people are going to feel better about jabbing their fat, greasy fingers into our PC screens.
What's particularly fascinating is how Blodget attempts to normalize his neurosis by using the first person plural. Polishing your BlackBerry that frequently isn't healthy, Hank.]]>
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<![CDATA[Brooke Hammerling, online-video PR rep, weighs in on online-video audience debate]]> brooke_hammerling.jpgBrewPR's snacky flack Brooke Hammerling penned a guest column for Silicon Alley Insider, arguing that the Web video industry needs to come up with a strict viewership metric. Though she doesn't mention it in the piece, New York-based online-video startup NextNewNetworks is a Brew client. (It's disclosed, in tiny type, at the end.) We could ask why Henry Blodget is giving a self-interested company rep a soapbox, or why they couldn't fix the red eye in Hammerling's photo. But the real question is why Hammerling suddenly cares about online video analytics.

Could it possibly be because she's not happy with the numbers that ComScore is reporting for her client — or, worse, the numbers NextNewNetworks is asking her to pitch? I'd like to point out the Association for Downloadable Media is giving a presentation on video advertising standards tomorrow at Ad:tech. Maybe Hammerling should give them her support instead of taking passive-aggressive stabs at companies working in the space. That seems easier.

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<![CDATA[New Silicon Alley Reporter accuses "lovable scumbag" Jason Calacanis of spreading "baseless rumors"]]> SAR2.0.jpgMahalo CEO Jason Calacanis made his name running Silicon Alley Reporter back in the 1990s. You'd think Calacanis would be happy to hear that some guy named Gary Sharma has brought the Silicon Alley Report back to the Web. Nope. On his last trip to New York, Calacanis gleefully told a table full of reporters that Dow Jones, which bought the publication from Calacanis back in 2003 — was preparing to sue Sharma's project out of existence. Sharma denies the legal trouble. "Word on the street is that these are just baseless rumors being spread around by that lovable scumbag Jason Calacanis," Sharma tells us. "Maybe he's getting a lil antsy now that SAR 2.0 is getting rave reviews from the Silicon Alley community?" Asked to comment, Peter Kafka, managing editor of Silicon Alley Insider, a blog often confused with Calacanis's old rag, said: "Who?"

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<![CDATA[Calacanis's latest blog blather: Silicon Alley Insider raised $12 million]]> CalacanisShowsLove.jpgAt his Dim Sum 2.0 dinner in New York last night, Mahalo CEO Jason Calacanis congratulated Silicon Alley Insider blogger Dan Frommer on his boss's fundraising abilities. Calacanis said he'd heard Blodget raised $12 million for the New York tech blog. Frommer asked Calacanis if he meant $3 million to $5 million, as TechCrunch editor Michael Arrington reported yesterday. No, Calacanis said, he'd heard $12 million from one of the investors.

Then Calacanis turned away from Frommer and spotted me. A look of recognition came over his face. "I just made all that up," he told me. Was he covering a slip? Or toying with Frommer — and extending the gag to me? Or seeing if he could spread a rumor sure to drive Arrington, his TechCrunch40 conference partner, completely bonkers? Calacanis is known to invent stories just for the fun of it. I asked SAI managing editor Peter Kafka. "On the record," he told me, "we're going to take the $12 million and buy a third of TechCrunch. But don't tell anyone!"

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<![CDATA[Valleywag seeking $10 million among VC blog feeding frenzy]]> What's Arrington smoking?What is Michael Arrington smoking? His self-indulgent fantasy: All the bloggers should band together into a "dream team," owning equity in the joint venture. "Someone needs to pony up a big round of financing around an existing blog, or perhaps a new entity, and then start rolling them up into a big fat CNET crushing $200 million/year in revenue business," he writes. That existing blog he has in mind is obviously TechCrunch, though he never comes out and says it. What pushed him into this delusion? A rumor that Silicon Alley Insider is raising a $3 million to $5 million round and that PaidContent is also seeking more financing, a charge founder Rafat Ali doesn't exactly deny. Arrington doesn't want his competitors to raise money, because that will screw his ambitions for a big blog rollup.

For the record, Valleywag is seeking to raise $10 million. What? For an equity stake in this blog? Are you an idiot? Nick Denton doesn't toss around shares like that Craig Newmark twit. We're hoping someone will just give us the goddamn money and go away.

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