Jay Marcyes

If you are looking for ways to discover music through Twitter, this post is a good place to start as it has tons of links of the services that have sprouted up around music discovery in Twitter.

Fred Wilson talks about his 100x return on investment from Geocities. He goes into quite a bit of detail on how the deal was structured and what happened. My favorite quote is at the end:

I learned a lot from that deal. I learned that the Internet is all
about people expressing themselves on pages they own and control. I
learned that a business deal made over dinner and a handshake can turn
into hundreds of millions of dollars, I learned that good partners are
worth every penny of returns you give up to get them, and I learned
that selling too soon is not too painful as long as you don't sell too
much. And most of all I learned that you can make 100 times your
investment every once in a while. And when you do, it's something
special. (emphasis mine)

Also check out commments on Hacker News.

I liked this one insight from the article:

Twitter is noncommittal, bite-sized lifecasting in a manageable text
form. It’s similar to how I refuse to check one long rambling voice
mail, but I’m happy to scan hundreds of texts or emails. Hoffman
compared it to the difference between watching a vacation movie of your
friend sitting on a boat in the water for an hour, versus reading one
140-character Tweet that your friend was sitting on a boat enjoying the
sun.

As someone who hates watching vacation videos, and never once logged onto one of those life streaming sites to see what the person was doing, I can relate.

The article was alright, but I liked this quote from the comments:

Is there any analogy to this from any previous time period?
Twenty years ago, if you wanted to be successful in, say, the sneaker
industry, wouldn't you ask "what is Nike doing right?" instead of "what
is that new, kinda trendy, but wildly unprofitable and perhaps
unsustainable sneaker startup down the block doing right?"