September 13, 2007

Anybody who has raised money knows that it’s nothing like going to the bank for a loan. It’s a lot more like a job search. Or dating. Both sides in this courtship–entrepreneurs and investors–are looking for a combination of attributes in the other that they sometimes aren’t aware of until they’re right in front of it. We’re looking for love matches, if you will.
We found that even though the process took longer than we hoped we received a tremendous amount of useful feedback along the way, much of which was critical in helping us evolve our product and business model.
It’s this consultative process that allowed us to get to know the investors we’re so proud to announce today. Each one of them has a unique perspective on how to build a business, develop a community, perfect a product, and connect with customers. Here’s what I’m talking about:
- First Round Capital: As one of the first investors we spoke with, we were able to cultivate a real collaborative relationship with Rob Hayes long before they ever put a term sheet in front of us. Backed by the tremendous experience and street smarts of Josh Kopelman and the rest of the First Round Team (who have been behind such hits as Half.com, VideoEgg, 1800FREE411, PowerSet, and Aggregate Knowledge), Rob is going to be a killer partner for us with his steely business acumen and executional focus.
- O’Reilly Alphatech Ventures (OATV): We’re huge O’Reilly fans. Tim has a far-reaching vision of where technology is going, and has fostered a powerful network of big thinkers and doers. Over the past few months we’ve seen how Bryce Roberts and Mark Jacobsen at OATV are a natural extension of this network. Bryce, who just joined our board with Rob, is already proving to be a potent business catalyst.
- Jeff Clavier: Jeff has built a reputation as a Web 2.0 “kingmaker” with his investments in firms like Truveo, Kaboodle, MyBlogLog, Kongregate and Dogster. Seeing him at work putting together deals and being a true “connector” we can see why his companies’ success is no fluke.
- Mike Brown: As a VC youngin’ Mike Brown looks at opportunties a bit differently than his seniors, and that’s why we think he so often gets things earlier than most. For instance, he convinced his old VC firm, the enterprise-focused Partech International, to invest in the smash hit widget company, RockYou. Now, as an angel, he is working with Satisfaction to find scrappy ways to build the business.
- Adaptive Path: As the elite user experience design consultancy co-founded by Satisfaction’s own Lane Becker, Adaptive Path was an early believer in our mission to transform customer service. They are incredibly insightful, and understand the startup product design issues thanks to their experience in launching MeasureMap (sold to Google last year).
- Jason Schultz: He was the first investor in, very early indeed, and deserves a ton of credit for his chutzpah. More importantly, as a staff lawyer for the EFF he’s a leading legal expert in online intellectual property law. He even testifies in front of congress! Based on his experience in defending the rights of individuals online, he understands how power is shifting outside of organizations into the hands of empowered creators/users/customers.
- Mom: Finally, my mom insisted on investing despite my protestations that it’s one of those “risky startups”, bless her. She’s been amazing, too, suggesting some very clever business ideas along the way. Full of surprises, that girl.
We’re going to need all the help we can get, so we’re very happy to have such a group as this behind us. Thanks all!
September 12, 2007
Indeed, we’re going to have to learn to live in the public eye, for today we’re releasing the public beta of Satisfaction! It’s been several unforgettable months of research, design and development, supported by amazing early beta users and the endless genorosity of friends and advisors. We feel very fortunate–and proud!–to launch the first version of this web service we believe will do a lot of good for people everywhere.
It goes without saying that we’re just getting started, and we have a few tricks up our sleeves in the coming weeks and months. We really do believe that customer service can be fun!
So go ahead and add your company to Satisfaction–you’ll want to be listening here when your customers start talking about your company and its products [more on why you should]. Maybe you’ll get hooked and start replacing your old-fashioned customer service process with one that puts your community at the center.
(Note: I filmed a brilliant video of the exact moment of launch, complete with whooping and hollering, and spontaneous hilarity. However, somehow I forgot to hit the record button. We made a second video after that, but we found ourselves just going through the motions. It was just pathetic. So you’re getting this spontaneous blog post instead. :-)
August 24, 2007
It’s easy enough to thank the folks that say nice things about you. But it takes real wisdom to embrace your critics. Recognizing that it’s passion, whether positive or negative, that fosters forward progress, Palm Computing’s CEO Ed Colligan has paid real respect to those who are clobbering his company with the truth.
In “Dear Palm: It’s time for an intervention“, Engadget’s Peter Rojas basically tells Palm that it is falling apart and better fix itself before it’s game over. It’s a detailed laundry list of things the company needs to do, and analysis on what it’s done wrong. All in all a very tough review.
What’s remarkable is the grace by which Ed Colligan accepts this very public feedback. The traditional approach is to ignore negative press like this, as if by not acknowledging it will become less credible. But Colligan instead expresses his gratitude, then reinforces the criticisms as a way of expressing his seriousness of intent:
I really appreciate the fact that you guys and others care enough to take the time to write such a comprehensive list of actions. I forwarded it to our entire executive staff and many others at Palm have read it. Although I can’t say I agree with every point, many are right on. We are attacking almost every challenge you noted, so stay tuned.
This is a Judo move worthy of a master.
August 23, 2007
Hugh Forrest, the director of the Interactive portion of the famed South by Southwest conference in Austin, TX, is one of the savviest conference organizers out there. Since 1994, he’s been instrumental in channeling the rock-and-roll energy of the SxSW Music festival to the geeks, always making diversity a priority. In a nod to the open collaborative spirit driving the Web, over the last few years he’s introduced an interactive panel-picker as a way for attendees to influence the conference content.
It’s only in its second year, but it has already broadened the diversity of potential participants in the conference. Anyone can propose a panel or presentation, and attendees can preview and rate these submissions based on what they’re interested in seeing. Like Threadless does with its t-shirt design contest, the SxSW panel-picker directly reflects the interests of its users, and by not displaying the votes of other users it keeps the system from being unduly gamed or manipulated. Hugh and his team are still the final arbiters of the event programming, so they can still curate the content based on their own experience and judgement.
To help you get the most out of the panel picker I’ve done the work for you. I’m recommending the following list of panels and presentations. If you like the kinds of things we discuss on this blog, you’ll probably like these. If you agree I encourage you to login to the panel picker and rank them highly.
In the self-promotion department, I’ll first point you to two presentations proposed separately by myself and Lane Becker:
Here are the rest of the suggestions. There were almost 700 panels to sift through, though the elegant implementation by Lindsey Simon makes it easy to filter the list to a more manageable number by keyword, skill level, and category. Nonetheless, it’s intimidating to start the process of winnowing through them. I hope this list helps shorten your path.
- Self Replicating Awesomeness: The Marketing of No Marketing and The Future of Presence (Brian Oberkirch, Small Good Thing)
- Start-Up Management 2.0 — Keeping Teams Motivated, Productive, Happy (John Vars, Dogster)
- Do You Have to Disappear Completely to Get Things Done? (Ryan Freitas, Adaptive Path)
- Undressing the Stats: How to Measure What Happens Online (Carla Borsoi, Ask.com)
- How to Evolve Your Irrelevant Corporate Website (Kit Seeborg, Seeborg.com)
- Designing Social Media: Interface Tricks and Tips (Christina Wodtke, Cucina Media)
- Breaking the “Porn / Not Porn” Mold for Online Moderation (Jake McKee, communityguy.com)
- Content Boundaries: A 12-Step Program (Margaret Mason, Mighty Girl)
- Stop E-Mailing and Be More Productive (Tantek Celik, tantek.com)
- DataPlay: Living Games (Justin Hall, PMOG)
- English: Technology’s Universal Language (Kevin Smokler, BookTour.com)
- Green Software. Really? (Kim Laama, kimlaama.net)
- 10 Tips for Managing a Creative Environment (Bryan Mason) , Adaptive Path
- Designing for Freedom (Gina Bianchini, Ning)
- People are the Powerful: Who Controls the Web Now? (Mike Shaver, Mozilla Corporation)
- Giving it All Away: Building Brands by Freeing Content (Tim Shey, Next New Networks)
- Yummy Carrots: Incentives That Engage Users (Dave Young, Google)
- The Agile Product Manager: Meaning Among the Maelstrom (Tracy Ruggles, tracyshaun.com)
- Mr. Cranky Customer: The Forgotten Persona (Charlene McBride, Avenue A | Razorfish)
- Meet Your New Marketing Dept: Fans (David Hyman, MOG.com)
- In Defense of the Open Social Web (Joseph Smarr, Plaxo)
- The Social Implications of Being “Always-On” (Jeff Beckham, AT&T)
- Online Identity: And I *Do* Give a Damn about My Bad Reputation (Christian Crumlish, Yahoo!)
- ‘Persona Shifting’: You Heard it Here First (Conleth O’Connell, Vignette Corporation)
- Top Ten Lessons Learned in E-Commerce (Tony Hsieh, Zappos.com)
- Human and Property Rights in Virtual Worlds (Susan Wu, Charles River Ventures)
- Marketing Into the Facebook Social Graph (Narendra Rocherolle, 30 Boxes)
- Information Visualization is a Medium (Tom Carden, Stamen Design)
- Upcoming: More Customers, Fans, and Followers (Andrew Baio, Upcoming)
- Ideation: How to Harness & Apply Customer Feedback (Caroline Dietz, Dell)
- Future of Corporate Blogs: What’s New & Next (Lionel Menchaca, Dell)
- Harnessing Your Community and Empowering Community Members to Act (Asa Dotzler, Mozilla Corporation)
- Secrets to Building a Thriving Community (Chris Tolles, Topix.com)
- Tenets for Building Successful Online Communities (Sean McDonald, Dell)
- Your Customers Are Blogging — Are You Listening? (Janet Eden-Harris, Umbria)
- Bridge Too Far? Social Web and Corporate Firewalls (Thomas Vander Wal, Vanderwal.net)
- True Stories from Social Media Sites (Rashmi Sinha, SlideShare)
- The Future of Social Objects (Jyri Engestrom, Jaiku)
- Social Networking and Your Brand (Jina Bolton, Apple, Inc.)
- Is Usability a Strategy for Mediocrity? (Todd Wilkins, Adaptive Path)