News

Where’s the Web’s Super Bowl?

By Mike Seiman

There is no other advertising experience as communal as the Super Bowl commercial. Three million dollars spent for 30 seconds of airtime so that 110 million people can be huddled around the water cooler the next day to discuss how cool/funny/ridiculous/stupid the ad with the hologram/talking fish/herd of cats/3D effect was. The primary reason that we connect around that particular experience is that we all saw it at the same time. In a weird way, we experienced it together.When traditional advertisers want to end the online discussion, they throw down the rhetorical gauntlet: “There is no Super Bowl moment in digital!” Intended translation: “Online advertising is not about branding!” It is a frustrating claim to counter since the Super Bowl spot is seen as the pinnacle of branding and since there isn’t a similar globally shared experience in the online world.Most of us would be hard pressed to remember the last online campaign we found interesting enough to discuss around the proverbial water cooler. The bottom line is that our industry seems to have drunk the Kool-Aid that “online is not about branding.” If the branding rules of television cannot be forced successfully upon digital, then digital must simply accept its relegation to the cost-effective remnant part of the RFP. Right?Wrong! We need our own set of rules. Trying to abide by those of traditional mediums is like owning a Ferrari and complaining that it doesn’t get very good gas mileage. At the risk of voicing a truism so worn it risks being ignored: Digital is not television. Digital may not possess branding chops in the same way that we have come to define them, but 10 years into this multidimensional medium, there are still only a few advertisers leveraging the uniqueness of digital creative to inspire.Of course, there have been a few exceptions through the years. Consider the major beer brand that executed an online campaign with multiple ad units on one page interacting to show a beer pouring from one unit to another. Then there was the self-propelled vacuum robot campaign that took over the user’s current page and zoomed around cleaning up dirt from the website. Cottonelle’s current campaign uses both television and digital by asking its TV ad viewers to visit the brand’s Facebook page to submit new names for a product described in the TV spot.What do these concepts have in common? The strategies were not designed for television and later retrofitted to the digital world, expecting to deliver the same results. Instead, they were specifically conceived to leverage elements exclusive to the digital world: multiple ads on one page, dynamic creative and interactions between the consumer and brand.If advertisers truly want to see what digital can bring to the table, they must first untie the medium’s hands from behind its back. Digital agencies, you need to step outside the box. So the next time you are met with, “There is no Super Bowl moment in digital,” you can respond with, “Maybe so, but can I pass that televised Super Bowl spot onto 100 of my friends with the click of a button?”Mike Seiman is CEO of CPX Interactive, a digital advertising company.

PaceDJ can help you create the perfect workout mix

By Armando RodriguezAsk any seasoned runner and they'll be quick to tell you that keeping a steady pace is almost as important as staying hydrated. Listening to music is one good way to keep a steady running rhythm, but it can be tricky to put together a playlist of songs that all have the same tempo. After all, the last thing you need is for some mellow song to pop up in the middle of your high-intensity workout. PaceDJ is an app for iOS and Android that helps you build better playlists for your exercise routines. PaceDJ takes the music on your device and analyzes each song's beats per minute (BPM) count. PaceDJ uses EchoNest to identify the the BPM for each of your songs, though you can always change the BPM of a song if you think it's inaccurate. To do this, you simply tap the screen to the beat of the song, and PaceDJ does the rest. By using each song's BPM, the app can create playlists that contain songs with similar tempos. You can adjust the types of songs that play by adjusting the BPM on the main screen, or by thumbing down songs that you don't like.The app ran fine on both my Galaxy Nexus and iPod touch, though the more songs you have, the longer it will take for the app to process your music library. On my iPod, which has over 2000 songs, the process took around 34 minutes to complete. You'll also need to be connected to the Internet while it processes your music, or else you will have to start the entire process over again. The songs only need to be processed once, so it's best to just connect your phone to your home Wi-Fi network and leave the app running while you do something else for a few minutes. (If you have a large library, it'd probably be easiest to have PaceDJ do its thing overnight.)PaceDJ may take a long time to sort through your music, but once it's finished, it may be the best app for helping you find your next favorite workout mix.Download PaceDJ for iOS ($2)Download PaceDJ for Android ($2)

New Mobile, Affiliate Units at CPX Interactive Aim to Capture Fragmented Spend

By Zach RodgersScreen Shot 2013-10-02 at 3.53.18 PMCPX Interactive was founded and long run as a traditional ad network business, but it wants to be known for multi-channel advertising — a la ValueClick. So it’s breaking out its channel offerings into branded divisions, starting with mobile and affiliate ads.Its new mobile network, Moversa, is three months old but already contributes 5% of CPX’s annual revenue of approximately $60 million. The freshly minted affiliate unit, Affiture, adds about the same amount, says CEO Mike Seiman. That doesn’t necessarily mean the overall business has grown 10%, since both mobile and affiliate previously contributed revenue to CPX Interactive. But Seiman tells AdExchanger some of it is accretive.“As we looked at the landscape and saw a lot of companies budding out into these individual disciplines, we’ve realized a part of our fault over the past few years has been not really marketing all of our services separately and breaking them out as subdivisions,” he said.By offering a standalone affiliate network, CPX allows marketers doing affiliate marketing through the company’s display ad network to break out into email, search, and other channels. With 1,000-plus advertisers already on its network, capturing more holistic affiliate spending from even a handful could make an impact.Moversa meanwhile is running mobile campaigns on behalf of 40 advertisers. The young mobile ad network’s publisher relationships number in the hundreds, with most selling inventory to Moversa on a flat rate for a fixed period of time. “Traditional ad network type stuff,” is how Seiman puts it.CPX has long been active in the ad exchange space, having joined Right Media around 2005. “A lot of people don’t realize we were involved in the exchange and trading business well before the trading desks and the SSPs arrived,” he says.So what’s next for CPX’s fragmentation strategy? Video? Social? Lead gen?Seiman will only say, “It will be on the publisher side.”

The Startup Sit Down: Mike Seiman, CEO Of CPX Interactive, On Managing 2.5 Billion Ads A Day

By Holly HuttonMike Seiman is the global digital ad guru that’s built his company, CPX Interactive, to a 2.5 billion ads a day machine.  I sat down with the CEO to talk late 90s beginnings, getting more sleep, and how he plans to double revenue by next year, on this session of The Startup Sit Down.Hey Mike, thanks for taking the time to give us the CPX Interactive lowdown. Our KillerStartups fans are looking forward to being inspired!Let’s get started…Tell us a little about what inspired CPX Interactive.MS: In the mid to late 90s I was a web publisher, building some sites, and advertising just started happening and I got involved in that working with the only two or three ad networks that existed back then.I built an ad server and grew the company for about 12-13 years; Today we’re 70 people in 5-6 offices around the globe. Digital advertising platform—video, social, mobile display. We manage about 2.5 billion ads a day in about 65-70 countries.Can you tell us a little about CPX Incubator?MS: Sure. The idea behind Incubator is to incubate ad tech companies, so any tech company that has a synergy in online advertising.  The idea is that we bring our efficiencies to the market to help other entrepreneurs that are starting out–one’s that are generally raising money for operations and being able to infuse those operations in terms of what we do for them.How many companies are you looking to take on?MS: Probably 3-4 a year. At this point, we’re in negotiation with a couple who are an exciting fit, so we might be announcing one or two launches in the next 3-6 months.What’s your office vibe?MS: Very young. I would say the majority are under 30. There’s a good culture, good team-building, very family oriented. A lot of people hang out together after work as well. It’s a very open and casual atmosphere, but everyone is very hungry and works really hard. They’re dedicated to pushing the company forward.Where do you find inspiration or how do you motivate yourself/your team?MS: I just do. To me, if I’m not doing something it’s a waste of time. Everyday I need to accomplish things and I push myself to make things happen and I push my team. I’m always looking at where we could be as opposed to where we are, and I’m always motivating everyone to see where the company could be and how life is more fun when we get there.What would you be doing if you had one year off (and it can’t be tech related!)?MS: What would I do? I would play more golf, see more beaches. I would sit at home a lot and relax, hang out by the pool, play with my dogs. I would probably…just…sleep more.Got any great bootstrapping tips for the lean startups out there?MS: Don’t worry about how much you pay yourself. Invest in the business (if that’s your goal). Figure out how to make money as soon as possible, and then improve your product. A lot of entrepreneurs raise money thinking, “OK, it’s going to take us a year to build this thing perfect”, but if you are bootstrapping then you need to get a sellable product as quickly as possible and sell it cheaper. But make margin, get cash flowing through the company and then use that cash to bump the operations up.App or site you can’t live without?MS: My laptop, obviously. And, Linkedin I think business-wise is a great to find people and connect.What’s your next projects or goals you’re working on?MS: Diversifying streams of revenue for the company, and looking at where we invest our resources. To a certain extent, we’re almost incubating our own business and we’re looking at all the ways we generate revenue from digital advertising and we’re starting to break them out. So, separate mobile division, separate video division, separate display, etc., so we can rationalize which ones create the most profit, where we should invest so we can forecasting how we can grow those businesses and double revenues by next year.Thanks Mike! Check out CPX Interactive and see how they are bringing efficiency to online advertising.

Aphex’s Audio Xciter – A Closer Look…

By Kira GrunenbergAphex’s Audio Xciter – A Closer Look…Audiophiles everywhere rejoice!There’s a new mobile application out on the market for both Android and iOS consumers, that might just change the way people think about their listening to music via portable devices.Aphex Audio, a company that works with, and in, the business of “professional audio, recording broadcast, musical instrument, live and installed sound,” released their newest creation, the “Audio Xciter Studio,” just last week.The long and short of this app: Any digital recording, of any song on your device, gets an instantaneous and noticeable boost in sound quality when it’s played through the Xciter and there’s no technical knowledge needed to make it work. Sounds too good to be true? In this case, the wool is not being pulled over your eyes… or ears.The user interface is nice. No surprises. Localized media files, (sans movies), will be brought up through the app and the actual handling of the features works almost identically to existing default music apps, with two major differences: the “X” button in the center and the settings option upon double tapping. These elements are what make the “magic” happen. Tap the “X” to hear music with or without the enhancements. That’s all there is to it. If you want more control over the changes, venture into the settings and you can go with the pre-sets or place the sliders yourself with the “Custom” setting.  See the images below:Aphex takes great pride in this app and its advanced capabilities, assuring potential buyers that this is no mere EQ or volume enhancer. Hosting a support FAQ fully stocked with many of the questions one would expect to find with an app that sets its own bar so high, Aphex takes on inquiries with technology-backed (but easy to understand) answers. For example, here’s their response to the implication of, ‘just being an EQ.’ ISN’T THIS JUST AN EQUALIZER LIKE APPLE OFFERS? No. Equalizers statically alter the frequency response of audio, meaning that they do not react to the audio itself. Audio Xciter is a smart circuit that dynamically reacts and constantly adjusts, in real-time, based on the audio signal being played, all without “latency” (lag). No EQ can do what Aphex has proven in studios and on stage with major artists and producers – and now, on mobile devices!The other patented focus worth noting is that the Xciter’s simplicity and flexible support across all headphones, speakers and mobile devices, is due to the enhancement being implemented “on [a song's] audio signal, not the device, so it doesn’t matter what you plug into.” Frequencies across the spectrum get restored, immediately things become ‘less muddy’ and this will make everything -from rock, to country to audiobooks and podcasts- sound clearer; lessening the urge to crank your volume up.If you’re not a self-proclaimed audiophile but you’re still interested in what the Audio Xciter has to offer, there’s good news. As mentioned in the first post on the Xciter, Aphex offers a free version of the app that allows for 15 minutes of enhanced listening per day. You can upgrade within the app to the full “Studio Version” for unlimited use of the Xciter’s enhancement and the ability to self-customize the settings. Right now, the app is running a sale of $7.99 to celebrate its release, so give it a try and, if you like it, take advantage of the sale. There’s nothing to lose and lots to gain -starting with all the lost details in your digital recordings!

Audio Xciter Makes iPhone Sound Much Better with Something Called ‘Aphex’

By Aarti KelapureScreen Shot 2013-10-02 at 4.07.47 PMThis once-unlikely duo have been coming together a bit more of late, thanks to apps that improve Android and iPhone sound quality; better-if-not-always-cheaper headphones; and whatever Steve Jobs and Neil Young were cooking up before Jobs’ untimely passing.

When it comes to digital music, can portability and high quality sound coexist?Since 1975, Aphex has been manufacturing signal processing products for professional audio, broadcast, fixed installation, musical instrument, touring-sound, and home-recording markets. The company says its technology has been used at the Oscars and Grammys. Paul McCartney, Bruce Springsteen, and Led Zeppelin have each paid $30 per minute to apply Aphex during their own audio mastering.On Monday, leading audio enhancement technologists Aphex joined the fight against subpar sound on mobile devices with the release of Audio Xciter for iOS (with Android to come next month). They have done a fantastic job.Grandiose claims of heavy rockstar use aside, it became pretty clear that Aphex knows sound after just a few minutes with the Audio Xciter app (price varies — see below). It works pretty much like your typical music player, with standard screens and playback controls. The difference: During playback, you’ll notice an “X” in the middle of the screen. When lit, this X indicates that the app is using the Xciter digital signal processor (DSP) to analyze and enhance the audio signal, which it does in real time. You can adjust the DSP settings by choosing from low, medium, or high.Even if you have a piece of an earbud lodged in your ear canal, you should notice the difference in sound quality immediately – it’s that impressive. Audio Xciter opens up heavily compressed music files restoring the detail, richness, and three-dimensionality of your favorite music. Skeptics can turn the Xciter off by tapping the X to check the difference.This app comes in three versions: Free, which limits you to fifteen minutes of Xciter enhanced playback per day; Basic ($3 until July 31 or $5 thereafter), which removes the time restriction; or Studio ($8 until July 31; $10 after), which allows you to further customize the DSP settings with more precision than just low, medium, and high.Screen Shot 2013-10-02 at 4.09.03 PMFine-tuning the DSP settings definitely made a difference between individual songs, which is why you’re going to end up springing for the $8 version if you like the way the free one sounds. However, throwing on one of the pre-programmed settings worked too, which is good for those of us who want good sound but don’t want the burden of adjusting it for each track.In our testing, Audio Xciter consistently delivered improved sound quality (DRM-free tracks only), regardless of music genre. Details from Joanna Newsom’s complex musical arrangements became more audible. The Wu-Tang Clan sounded like they were swarming around their recording studio. Lemmy from Motörhead might as well have been shouting at me from a foot away.If you’re looking for high quality sound on your iOS device, we heartily suggest springing for Audio Xciter Basic or Studio, depending on how much control you think you want to have. The asking prices are steep, to be sure, but this is truly an impressive app — and rockstars paid way more for it than you will.Besides, you can rest easy in the knowledge that a portion of the proceeds go to Respect The Music, a nonprofit organization that supports musical education and immersion. Of course, you can also give the free version a whirl before deciding whether or not to shell out any money.Consider these bonuses if you’re still on the fence, because yes, eight bucks is a lot to pay for an app: 1) Audio Xciter’s enhancement technology works on all audio, including podcasts and audiobooks; 2) You can make playlists within the app; 3) Apps are really cheap compared to their hardware equivalents.

Goalee Is Helping You Win Your Networking Game

By Holly HuttonNetworking can be a scary, complicated and sometimes uncomfortable venture to endure. But, we all know how essential it is for professional success so whether we like it or not, we play the game. Luckily, there are platforms like Goalee that combine professional networking (think Linkedin) and matchmaking like a dating site (think eHarmony), making networking more relevant and less intimidating.We touched base with co-founders James Brown and Chris Sturgill to talk Goalee goals, bootstrapping advice and why entrepreneurship is like eating or breathing.First, a little bio action-

James Brown, Co-Founder

James Brown is a passionate entrepreneur with more than seven years of marketing, account management, business development, and branding experience. Prior to starting Goalee, James ran a brand development firm in his hometown of Richmond, Va. creating identity packages for clients ranging from nonprofit family organizations to national fruit juice manufacturers. Tapping his entrepreneurial mindset and significant branding experience, James creates strategically sound and creatively unique solutions for brand communities both online and off. His current projects relate to the development of shared communities and the sociology behind social media. James earned a BS from Virginia Commonwealth University with a major in Mass Communications: Strategic Advertising and was awarded the Mass Communication Department’s Faculty Award for Excellence in Advertising; he received an MBA from the Simon Graduate School of Business at the University of Rochester, where he was a William E. Simon Leadership Fellow and Dean’s Leadership Award winner.

Chris Sturgill, Co-Founder

Chris Sturgill has worked in the web development space for nine years and is a strong proponent of open source web technologies. Prior to starting Goalee, Chris was a freelance web developer providing solutions using open source tools for a range of organizations — from Silicon Valley start-ups to mom-and-pop shops to public companies with multi-billion dollar market caps. Chris’ current projects and specialties relate to Rails, Web Server Management, Nginx, PHP, LAMP, AJAX, Database Management, CSS, Web Applications, AWS and EC2. Chris received a BA from Brigham Young University and an MBA from the Simon Graduate School of Business at the University of Rochester, where he was a Dean’s Leadership Award winner. 

Tell us a little more about Goalee.

James Brown: Goalee is an innovative networking platform that functions like a hybrid of a professional networking site like LinkedIn and an interest-based matchmaking site like eHarmony. Users set goals for themselves, and Goalee matches them with other users that can help them achieve their goals, ranked by how similar the users are on both a professional and personal level (based on their Linked and Facebook profile data). Goalee then guides the user through the process of making targeted, effective outreach, using the personal similarities as a basis for a more effective networking relationship. Goalee jump-starts the networking process that takes out the cold call fear, so users can instead focus on connecting with the people they need to know.We believe the old adage ‘it’s who you know’ is as valid as ever. Goalee provides a more effective way to discover and connect with people you never knew you needed to know. A cross between LinkedIn and eHarmony, we match people to people – not to friends of friends, job openings or similar resumes.Chris Sturgill: A lot of us don’t know whom to contact when networking or what to say when approaching someone cold – whether it’s for social or professional reasons. Goalee acts as a networking coach; it not only suggests new connections in order to achieve your goals, but also helps you know what to say when you reach out to those people.

What’s a typical day at Goalee look like?

Chris: On a typical day, I manage the development team as they build amazing new features and make sure the site is working properly. Across the desk, James spends his day building new UI designs, developing new partnerships, and creating new ways to connect with users.

How do you motivate yourself?

James: This is like asking “what motivates you to eat each day.” Entrepreneurship… or running a startup… becomes part of your life to the point that lines blur and you’re living and breathing everything that you do. You want nothing more than to see your work grow and fulfill your vision. So in a way, the work itself is motivation, because there’s always something to do… always something that needs to be improved… and those changes/improvements are crucial because they come to feel as though they are direct reflections of your vision and everything needs to be perfect. Ultimately, if you need outside motivation to keep going… then you probably shouldn’t be doing what you’re currently trying to do… because the next milestone should be all the fuel you need, and your only focus.

Got any great bootstrapping tips for the lean startups out there?

James: Question everything you do and ask yourself if you really need to do it at that time. Bootstrapping is NOT just related to the money you spend… it’s also the way you spend your time and what you’re able to achieve given limited resources (including people). We’ve had plenty of experiences where we went down rabbit holes only to find that we didn’t really need to spend whatever time, money, or other resources we spent. We’ve learned to be very critical of our initial ideas, and to really consider all options before going down a certain path.Chris: The questions you ask after you have an idea should be “how does this fit into our overall strategy?” “how will this add value to our overall experience?” “what will it cost in terms of resources – time, money, etc.?” and finally, “how does that cost compare to the value we generate?” If the value is higher than the cost – do it. If not… move on.

When do your best ideas come to you? In bed in the morning? During dinner? After working for 16 hours? While out jogging? On your third beer?

James: All of the above. The aggravating thing about great ideas is that they show up unannounced and usually ruin everything you had planned.

We want to know about where you spend your day! What’s on your desk right now?

Chris: I have a picture of my wife and kids… and a couple rocks my daughter gave me when we were on a beach last summer. Reminds me of what I’m working for and to stay grounded. Beyond that..a few pads of paper filled with ideas.James: I feel so minimal…but my desk is really just gadgets. Laptop connected to my monitor, iPad set up… iPhone next to it. Headset on standby. Few post-it pads off to the side if I need them.

What entrepreneur do you admire?

James and Chris: We admire all entrepreneurs. It takes a whole lot of dedication and sacrifice to bring an idea to life, and anyone who goes through the experience is worth admiring.

What would you be doing if you had one year off and $500,000 to spend?

James: A year and $500k sounds like a great opportunity for another startup… 

A lot of people have big ideas. What gave you the confidence to actually put your life on hold and realize yours?

JamesWe were so passionate about helping people make new connections that there was no question really. We also knew, from the experience of our friends in business school in a tough economy, how important networking is to finding new opportunities. We felt that this could help people improve their lives, and that helped stoke the fire.

Any regrets? 

James:  You can’t move forward if you’re only looking back. There’s always things you can do better in the future, but we’re looking ahead…not in reverse.  

What advice do you have for other entrepreneurs struggling to get their business off the ground?

James: As long as you’re passionate about what you’re doing – don’t quit.

Web App or site you couldn’t live without and why.

ChrisThe Oatmeal and Reddit’s GIF page. You need a little humor throughout the day.

3 people you recommend we follow on Twitter, and why?

  1.  Aaron Levie – probably the best comments on startups, entrepreneurship, technology, etc.
  2. Andrew Chen – same as above, but a runner-up to Aaron.
  3.  @GoaleeApp– shameless self-plug!

Where can our readers get ahold of you? Facebook? Twitter? Google+? Personal blog? Any other projects you’re working on that we should check out

Follow us on twitter @GoaleeAppThanks Chris and James! If you’re looking to step up your professional networking game, definitely check out Goalee. This kind of reminds me of Love Connection for professionals. Where is our man Chuck Woolery these days?

Photo and Video Credits

Goalee.com Vimeo.com

If You’re Trying to Meet Real Goals, New Tool Goalee Could Help

By Abby JohnsonWith so many new social services rising up, it’s hard to keep them all straight, let alone, take the time to try each of them out. However, one new social service takes a little different approach by aggregating data from existing social networks and utilizing it in a way that helps individuals meet real goals.The tool is called Goalee and, according to its co-founder James Brown, is a combination of LinkedIn and eHarmony. Although it’s not geared toward either online dating or professional networking in particular, it is designed to help people find the connections that they need to meet specific goals.James Brown, Co-founder of Goalee “Who you are as a person can help you build new connections,” said Brown. “We pull in who you are as a person and your professional background from LinkedIn and the people that you follow [and] the things you talk about on Twitter… all those things combined to help you build new connections.”As he explained to us, Goalee is necessary because LinkedIn is focused on professionals and not social media per say. Facebook, on the other hand, is all about social and, essentially, transferring your offline social network to a digital platform.“You can’t really do what we’re doing if you use just LinkedIn or just Facebook,” Brown pointed out.“We’re not trying to be the new LinkedIn or the new social network for networking,” he continued, “we’re trying to help you have a better experience on the sites that you’re already using.”With so many new social services rising up, it’s hard to keep them all straight, let alone, take the time to try each of them out. However, one new social service takes a little different approach by aggregating data from existing social networks and utilizing it in a way that helps individuals meet real goals.The tool is called Goalee and, according to its co-founder James Brown, is a combination of LinkedIn and eHarmony. Although it’s not geared toward either online dating or professional networking in particular, it is designed to help people find the connections that they need to meet specific goals.James Brown, Co-founder of Goalee “Who you are as a person can help you build new connections,” said Brown. “We pull in who you are as a person and your professional background from LinkedIn and the people that you follow [and] the things you talk about on Twitter… all those things combined to help you build new connections.”As he explained to us, Goalee is necessary because LinkedIn is focused on professionals and not social media per say. Facebook, on the other hand, is all about social and, essentially, transferring your offline social network to a digital platform.“You can’t really do what we’re doing if you use just LinkedIn or just Facebook,” Brown pointed out.“We’re not trying to be the new LinkedIn or the new social network for networking,” he continued, “we’re trying to help you have a better experience on the sites that you’re already using.”In a nutshell, Goalee creates a persona of each person based on the data it has aggregated. From there, users can list goals that they hope to meet. In return, Goalee’s natural language processing matches users with each other, ranking them according to the most common interests that they have.“It’s all about getting you as quickly as possible to the best people for you to meet,” said Brown.Aside from its Web efforts, Goalee is also utilizing mobile and is integrating with services such as Foursquare and TripIt. At this point, the service is free, but later this year, it will be also offering a paid service that will give users the opportunity to have unlimited goals and receive unlimited connections.Check out Abby Johnson's video interview with co-founder, James Brown.

Audio Xciter App Does Incredible Things to Your Music

By 

Audio Xciter App Does Incredible Things To Your MusicDo your ears a favor and try this app out.

The Audio Xciter music player’s press release is full of the usual superlatives, and I quickly glossed over them in my usual cynical manner looking for something to make fun of (which I found – more on that in a bit). But one listen of the audio-processing iOS app is enough to make you sit up and, uh, listen.It really is amazing.The Audio Xciter music player’s press release is full of the usual superlatives, and I quickly glossed over them in my usual cynical manner looking for something to make fun of (which I found – more on that in a bit). But one listen of the audio-processing iOS app is enough to make you sit up and, uh, listen.Tune, Harmonics, AE Drive, BB Mix: These are all parameters that can be adjusted by people who know what they’re doing. For the rest of us, you can pick low, medium or high settings, and switch the Xciter on and off for comparison.The DSP (digital signal processor) algorithms take your crappy MP3s and manages to open them back up. Bass becomes bigger and deeper, but not boomier. Small details become clear, voices more human and the whole sound stage opens up.If you are old enough to have used a record player (or early CD player) with a great amp and big speakers, back before CDs and MP3s started shipping with horribly compressed audio, you will be familiar with the open sound, where loud things are loud and quiet things quiet.Audio Xciter is based on studio processing tech from Aphex. Which brings us to the teasing. Here’s a snippet from the press release:

Legendary musicians such as Paul McCartney, Bruce Springsteen, and Led Zeppelin have relied on the Aphex technology behind Audio Xciter for years and pay $30 per minute to use it for audio mastering.

$30 per minute?! That sounds like an old-school rip-off B2B model right there. And the actual iPhone app tries hard to ape this confusion: The free version limits you to 15 minutes of listening per day (a trial version, if you will), the Basic ($5) version removes this limit and the full version ($10) allows extra tweaking.I’m impressed. I have tried other sound “improving” apps and found them pointless or worse. But Xciter really is pretty astonishing. If you do nothing else, download the trial and take it for a spin. And make sure you listen to an audiobook while you do it. The difference is like listening underwater, and then coming up into the air.

5 questions every private equity investor needs to ask

By Tyler Newton, contributorMany institutional investors are convinced that the days of easy money are over in private equity. Managers need to distinguish themselves through their ability to add actual operating value to the underlying portfolio companies.Private equity firms are generally active board members of their portfolio companies. Nearly every investment firm spends a great deal of time monitoring the tactical performance of their portfolio companies: Performance vs. budget, sales pipeline analysis, cash flow monitoring, margin assessment, capital structure optimization, valuation, etc. The tactical performance of a company is important, of course. Ultimately, however, as an investor and board member, a private equity investor's role should be more strategic than tactical. It is easy for investors to get lost in the tactical minutia and forget to ask themselves the big strategic questions.The following are five key strategic questions private equity investors should ask themselves about each of their portfolio companies -- or prospective portfolio companies -- at least every 3 to 6 months.1. What is the company's core strategic plan? Investors need to evaluate tactical performance within the context of strategic goals. The lifecycle of a company or operating division is basically a series of 3- to 5-year strategic plans. The plan may be to develop a prototype product and win some key first customers. It could be to expand internationally, scale revenues and cash flow or expand the product set into adjacent markets. It could be to manage the transition from a growth to a value orientation by rationalizing the cost structure, or to successfully transition a company from a corporate spinoff to a standalone entity. It could be to narrow the company's focus to a core set of products in a declining market. There are numerous core strategies that are potentially appropriate 3- to 5-year plans for a private equity or venture-backed company. Investors must also consistently evaluate whether the strategic plan remains appropriate if there have been changes in the portfolio company's operating and competitive environment. Companies that clearly identify their core strategic plan almost always execute better than those that do not.2. Are we the right owners to execute on the strategic plan? This is perhaps the hardest question for investors to ask themselves, but it is fundamental. Private equity firms are generally pretty good at screening deals that don't fit their strategies at the time of acquisition but they don't always recognize when the strategic environment has shifted post-investment. A growth equity firm with a company that has shifted into slow-growth maturity; a company in a consolidating industry that would better off as a product or division of a larger company; a company embarking on a new 5-year product strategy with an investor near the end of their fund life…These are all situations in which the right decision may be to seek a new owner. Sometimes answering this question requires admitting relative defeat on a certain investment but that is preferable to spending years working on a portfolio company that is outside a firm's investment strategy.3. Does the company have the right CEO to execute on the strategic plan? Most private equity investors are good at figuring out when a CEO is underperforming. It's more difficult to determine whether a good CEO is in the wrong role, particularly if the core strategy has changed. Sometimes a company needs an entrepreneurial visionary, other times it might need an operational "Mr. Fix-It." Sometimes a company may need a turnaround specialist, other times it may need a sales and marketing expert. A visionary's talents are not appropriate for a turnaround strategy, nor should a sales and marketing guy be focused primarily on operational efficiencies.4. Is the company earning an appropriate return on invested capital? The key unit economics of the company's products must be earning more than a sufficient return on invested capital. The ROIC methodology varies by industry (a mature product manufacturer needs to monitor different metrics than a growth-stage online software company, for example), as does the cost of capital. No matter what the stage of business, however, at some point the core business must be able to profitably generate revenue. There is no point investing in revenue growth if the unit economics won't work.5. Is the company gaining market share? If the unit economics are working, a company must assess its total addressable market and its share within that market. If the competition is growing more quickly (while also earning sufficient returns on invested capital), then the investor must figure out why and help look for solutions. It could be a sales and marketing execution problem, or a product problem. It may be a market power problem that can only be fixed by pivoting to a different or more specialized niche. If a company is having difficulty  gaining market share in a certain market, then it has to question how long it should remain in that market.Investors with the discipline to consistently ask these five strategic questions will have a framework to evaluate a company's tactical performance, which in turn will enable the investors to create more portfolio company value. After all, creating portfolio company value is what private equity investors are paid to do.Tyler Newton is a partner and research director at Catalyst Investors, a growth private equity firm focused on tech-enabled services. He is based in New York City and blogs at www.tylernewton.com.

Music that Keeps You Motivated

By Suzanne KantraPaceDJThe best music for working out has a tempo, or beats per minute, that matches or slightly exceeds your steps per minute. With PaceDJ ($1.99 on iTunes and Google Play), it's easy to find that music right in your own music library.With PaceDJ, you run, walk or bike for 30 seconds to establish your pace and then the app pulls the songs from your music library that match. You can always manually adjust the settings if your test pace isn’t a good match for your true pace.The app works best when you have a large library and can keep the music within a range of a few beats per minute. To increase the pool, you can choose to include half tempo and 2x tempo songs, which I tried and found to work well, or increase the beats-per-minute range.If your music library doesn’t have music that’s a good match, you can go to PaceDJ.com for suggestions and click through buy from iTunes or Amazon. The music discovery service just launched, though, and needs a lot more music and pre-built playlists to make it useful. So in the meantime, check out Running Playlist, Running Music Mix and Run Hundred.

Social Media News: Better Networking And Social Expertise

By Alex KnappGoalee is working on an effective way to network onlineNetworking is often touted as an essential tool for building your career and business. What often goes less touted is the fact that it can be an incredibly frustrating experience. When you try to network in person, that generally means going to networking “events” where the one thing most participants have in common is their desire to network. Online, networking ususally means working through social media to meet friends of friends of friends of friends. Many of whom have very little in common with your goals.That’s where social media startup Goalee is stepping in. By tapping your LinkedIn and Facebook profiles, Goalee works to identify people to network with who share similar backgrounds and intersts. You can also input your own goals for networking. Like, say, you want to start a softball league of young professionals in your field in your neighborhood. Goalee can help you reach out that way, too.What’s more, Goalee helps you deal with the most awkward part of networking – introducing yourself to someone you don’t know. The sites algorithms help you walk your way through that aspect, too, getting you linked up with like-minded people that much more quickly.“A lot of us don’t know whom to contact when networking or what to say when approaching someone cold – whether it’s for social or professional reasons. Goalee acts as a networking coach; it not only suggests new connections in order to achieve your goals, but also helps you know what to say when you reach out to those people,” says James Brown, co-Founder of Goalee in a press release.

The Circus Barker and the Acrobat: Revisiting the Relationship of TV and Digital

By Mike SeimanIt’s something that is exclaimed fairly often around digital advertising companies: “Digital is not TV!” This seems pretty straightforward, and would be a good segue into a conversation that illuminates the respective strengths of the mediums. But if you listen closely to the arguments we make next, it becomes clear that we aren’t touting our respective strengths as much as we are pouting that we aren’t getting the same kind of attention (read: “brand dollars”) that television is getting. Those of us who can see around corners, however, understand that the real trick to seeing digital take its rightful place in the advertising world is not to convince advertisers that we can do branding better than television, but to educate them on how they can stretch their branding dollars by adding digital to the mix and incorporating its unique abilities into the campaign strategy itself.When the industry was young, digital advertising needed a way to position itself against the current “big man on campus” in order to create its own niche. We emphasized measurement and left branding to television, hoping that by not staging a direct assault we might slip under the radar. In order to attract major branding campaigns, though, we now find ourselves having to rebrand our positioning to convince advertisers that we can do something we always could do, but never boasted about. But what if instead of trying to rip branding away from television, we started talking about it as the two pieces they really are: awareness and engagement.Think about the classic Barnum & Bailey Bros. era circus stories. The barker stands outside the tent and uses his charismatic, aggressively persuasive personality to convince passersby to come on in and see the show. Part of the excitement that the barker stirs is the feeling that if this message is worth shouting about in public, then it must be fantastic. The excitement increases as strangers come together to listen to the message bellowing out of the megaphone; each person’s curiosity and anticipation feeds another’s. Once the barker gets his message across and draws a paying crowd into the tent, it is up to the acrobat to deliver the awe-inspiring performance that makes them say this really is “The Greatest Show On Earth.” The barker created awareness; the acrobat engaged the audience. Using their very different skills, together they create the full experience perpetuating one of the most well-known tag lines of all time.Digital advertising lacks the ability to create a “Super Bowl Moment,” where everyone stops to listen collectively to the barker. But television’s “30 seconds and it’s over” format doesn’t allow for real engagement and the awe-inspiring feats of the acrobat. The branding synergy created in a classic circus atmosphere eludes us because we continue to look at them separately. If the advertising world is going to truly maximize the evolving tools at its disposal, campaign strategy development will have to merge the strengths of both digital and television. We can imagine, for example, messaging on a television spot that urges the viewer to go online and create personalized videos about his use of a product and then share it with friends on social media. The television spot drives the awareness, and the social media aspect drives the engagement. Together these pieces create a user experience that would not have been possible by either piece on its own.This kind of circus synergy can only be created if advertisers and agencies start thinking of digital as part of the strategy, not simply as a tactic. The barker will tell you that he is what drives the success of the circus, but no one will pay if there isn’t an acrobat performance.

14 Tips to Help New College Grads Land a (Good) IT Job

By Jennifer Lonoff SchiffIT job search and interview tips for graduatesAccording to a recent Dice hiring survey of nearly 1,200 IT-focused hiring managers and recruiters, demand for technology professionals should continue to be strong through 2012, with "24 percent of corporate hiring managers saying they were hiring at the entry level," according to Tom Silver, senior vice president, Dice. "It's not the levels that we saw pre-recession, but similar to last year."As for where those jobs are, "It's a diverse set of industries looking for entry-level talent," he notes. Among the hot IT fields: healthcare, financial services, energy, government and mobile technology.As for what IT-related skills employers are looking for, according to a recent study by CareerBuilder and CareerRookie assessing the job prospects for the class of 2012, "companies are focusing on finding workers who have current technical skills and business acumen that can increase revenue." The most sought after students: business majors -- followed closely by computer and information science majors and engineers. Also at the head of the class: math and statistics majors and those majoring in communication technologies.In particular, employers are looking for hires who know understand software development.One Word: Programming"MIS students are realizing employers are hiring as many developers and software engineers as they can find and are very open to hiring entry-level talent," explains Fritz Eichelberger, CEO, HotSpaces.net, an IT recruiting and consulting firm based in Tampa, Florida. "MIS students who avoided any development courses, however, are finding a harder time securing an IT job compared to the CS or engineering students" who have taken courses in software development. And even though it's possible to find work if you don't have a development background, "it takes longer and the salaries are not as favorable as the development-focused students," he says."Across the board, we're looking for HTML knowledge," says Alana Peden, a marketing assistant at SpareFoot, an Austin-based tech startup that is an online marketplace for consumers to find and reserve self-storage units. "Our developers write code using PHP, JavaScript, MySQL, HTML and CSS." But that doesn't mean you have to have majored in computer science. "One of our developers was a recent grad with a biomedical engineering degree, but he could program." Another piece of advice, albeit more for current students than grads: Do an internship in the field or area you are interested in pursuing. "Before a student enters into the workforce he or she should really have some 'real world' experience through a job or internship while still in school," explains David Muir, Jr., founder, The GigSpire Program, which teaches job search skills. Work experience, even if unpaid, he says, can make a big difference.What else do recent grads need to land their dream job in IT? CIO.com asked hiring managers and IT recruiters. Following are their top tips for how to improve your chances of getting hired.Google yourself -- before a prospective employer does. Why? "I am looking for two things: you participate on the social or technical Web, and you do not have anything terribly scandalous on the Web," explains Sara Robertson, vice president, Strategic Technology, CPX Interactive, a digital adverting company. "If I find a thread on a developer forum where you are helping a newbie understand the proper way to instantiate a class, you will get a call immediately.If I find a thread on a developer forum where you are flaming a newbie for not reading the documentation, your resume is immediately in the trash." Robertson also recommends potential hires have a Twitter and/or Facebook account. "If you don't have those I will suspect something is amiss, unless you have a first-page blog where you eloquently describe all the reasons that Facebook and Twitter suck. At which point I might just want to be your best friend."Read the rest of the article at CIO.com.

New Online People Discovery Tool Launched

By Joshua Bjerkegoalee people discoveryThe Goalee company’s new people discovery tool has gone into beta and looks to change the way people connect by matching based on personal and professional goals. By combing through Facebook and LinkedIn profiles, Goalee determines matches based on shared interests and professional histories to help users create more effective professional social networks. The tool then automates the outreach process offering tips on approaches to contacting people not known by the user. Contacts can then be made within Goalee and eventually migrated to a particular social networking site.Goalee is open to everyone and allows users to be as specific or general as they like using free-form language. The tool then recommends matches by ranking users based on relevancies between professional goals and interests. The app then creates an automated intro email that explains the reasons for contacting and desire to connect. The tool is equally capable of reconnecting contacts already present within an existing network.“We believe the old adage ‘it’s who you know’ is as valid as ever. Goalee provides a more effective way to discover and connect with people you never knew you needed to know. A cross between LinkedIn and eHarmony, we match people to people – not to friends of friends, job openings or similar resumes,” said James Brown, co-founder of Goalee. “A lot of us don’t know whom to contact when networking or what to say when approaching someone cold – whether it’s for social or professional reasons. Goalee acts as a networking coach; it not only suggests new connections in order to achieve your goals, but also helps you know what to say when you reach out to those people.”After the free beta phase has ended, registration will cost $10 per year for access to premium services, but will remain free for basic access.

Goalee (beta) Preview

By Jill Duffy, Analyst, Software349702-goalee-betaEditor's Note: This product has not yet been tested. The following coverage is based on information provided by the manufacturer or developer.Hang out on certain social networks too long, and you may find yourself distracted from work and ultimately discouraged from achieving your goals. A new website, Goalee (beta, free), aims to connect like-minded people who share similar goals so that you can encourage one another to reach your dreams. It's somewhat similar to the website 43things.com, where you can write whatever it is you wish to achieve, except that Goalee is a little more rigorous.Goalee lets users write down their personal and professional goals—one per month, or five per month with a Premium account. You can be as specific or vague as you want with your goals, although specificity helps because Goalee uses your goal to search for other users with similar interests, aims, or locations. A good match is perhaps a new networking opportunity. Goalee connects you to the suggested people via an email introduction and explains why it's making the match, helping you build a new support system that's tailored toward what you want to do in life.The site leverages Facebook and LinkedIn, giving you even more information about your future networking buddies, as well as more options for the best way to contacts your new pals.Goalee is still in beta, and while it is (until July 31, 2012), new members who join will receive access to premium services for one year ($7.50 per month otherwise).

6 Tips for Pitch-Perfect PR

By Lee Clifford and Julie SchlosserThink public relations is easy? We sure did. But before long we learned that PR is a grind. Here's the best advice we've found for getting press.We have a confession. When we left journalism to launch Altruette.com, we knew there was one thing we'd be great at: public relations.After all, over a decade as writers and editors we'd dealt with more PR people than you could count. We were pros at fielding calls, reading pitches, and taking meetings. This, we figured, was one thing we'd hit out of the park.Well, let's just say it wasn't quite as easy as we'd imagined.PR is a grind. PR involves constant rejection--or even worse, silence. PR is really, really hard.Of course, we're learning--and a few weeks ago we wrote about our own lessons learning doing DIY PR. But the experience has given us a huge amount of respect for the PR pros that are out there pitching, spinning, and informing day after day.Two of the best we know are Karen Hopp and Liz Bazini of Bazini Hopp. Like Julie and me, they struck out on their own after careers at bigger agencies. They have boundless energy. They are whip smart. Their enthusiasm about the companies they represent is infectious. I asked them to explain, step by step, how they get their clients the right type of press--and I can tell you, their advice has already changed the way we're pitching Altruette.1. Pick the Perfect Target"We read a lot. We figure out who's writing what. Who is covering a particular technology and what their take is on it. These are smart reporters who are well versed on very specific areas," says Hopp. Adds Bazini: "If we're representing a company involved in green tech, we'll really narrow it down to the few folks who are handling this."2. Reference the Writer's WorkOnce you've picked the perfect target, there's an art to getting the writer's attention, since this target probably receives dozens if not hundreds of pitches a day. Says Hopp: "I'll draft an email and be sure to mention something I've read by them. Without being too presumptuous, I'll say something like, 'I read your article last week...' and I'll never say 'you missed something,' but I'll suggest that 'you may be interested in looking into this related area.'" Adds Bazini, "Reporters want to know that you're a reader--that you're paying attention."3. Ignore the Sound of SilenceI know for us, the most depressing response to a carefully crafted Altruette pitch is...nothing. But Bazini and Hopp have had great success with a very simple technique. If they get no response within a few days, they sent a short, sharp follow up, usually in the form of a question. Such as "Lee, any interest in a demo?" Explains Bazini, "when people see a lot of content they sometimes just don't have the time to reply. This way they can just quickly say yes or no." In addition, Hopp cautions, any follow up should be with the goal of providing the reporter with more value. In other words "did you get my email?" is just annoying, while "can I send you samples of the new charms we're launching?" provides new information.4. Play the Numbers GameBazini and Hopp both noted that if their clients are armed with hard data, reporters are much more likely to quote them or be compelled to tell their stories. Says Hopp: "If our clients can give strong numbers it definitely increases the liklihood they'll be sourced. Numbers showing changes in consumer behavior, for example, always seem to be of interest."5. Don't Fear Hearing "No"Says Hopp, "We don't hate 'no.' Often times it's not just as simple as no, they'll give us a little more info. If they say 'we're only doing trend stories right now,' that's useful information that's going to help me pitch them better down the road."6. Be a Source, Not a ShillFinally, one of the smartest things Bazini and Hopp have done with their clients (at least in my opinion) is turning them into sources for reporters. Says Bazini, "If you have any questions, even if it's background and not for a story, call us.'" That way their clients develop a rapport with reporters which can only lead to good things--and good press--down the road.

Goalee Suggests Networking Opportunities From Facebook, LinkedIn Profile Data

By David CohenScreen Shot 2013-10-02 at 9.29.26 PMThe department of job searching and networking via Facebook and LinkedIn received another résumé Monday with the beta launch of Goalee.Goalee mines data from users’ profiles on Facebook and LinkedIn and determines potential networking opportunities based on shared interests and professional history. Once a potential match is found, the two users can communicate within Goalee, or add each other to their Facebook friend lists and LinkedIn networks.Goalee said users can take advantage of free-form language on its open platform, offering as example queries:

  • I want to join an after-work lacrosse league made up of people in the finance industry.
  • I’m looking for an analyst position.

Users who register for Goalee by July 31 will receive access to the platform for one year at no cost, after which basic access will remain free of charge and premium access will cost $7.50 per year. Goalee added that it is teaming up with universities across the U.S. to provide their business school students and alumni with unlimited premium access.Co-Founder James Brown said:We believe the old adage, “It’s who you know,” is as valid as ever. Goalee provides a more effective way to discover and connect with people you never knew you needed to know. A cross between LinkedIn and eHarmony, we match people to people — not to friends of friends, job openings, or similar resumes. A lot of us don’t know whom to contact when networking or what to say when approaching someone cold — whether it’s for social or professional reasons. Goalee acts as a networking coach. It not only suggests new connections in order to achieve your goals, but also helps you know what to say when you reach out to those people.Readers: Would you incorporate a service like Goalee into your job search or networking agenda?What is Goalee? from Goalee on Vimeo

How to Start Talking To Investors

By Lee Clifford & Julie Schlosser

Pitching your company to investors daunting. We know that firsthand. So we picked the brain of a prominent venture capitalist, and got him to share secrets of making a great pitch.

The Money 2We wrote a few weeks ago that the question we're asked most frequently as entrepreneurs and partners is "how do you divide up the work?" Well, coming in a close second is, "How are you funding your business?" Like most start-ups we've gotten Altruette off the ground with our own savings and a few family and friends loans. But we're aware that eventually, if we can make Altruette as big as we dream it can be, it's going to take outside investors. Now even though we worked together at Fortune for a decade covering business and finance, we have to admit that the hows/whys/wheres/who's of raising capital are still a bit mysterious to us.To help demystify the process we called Brian Rich, managing partner and co-founder of Catalyst Investors. Catalyst is a growth-equity shop in New York City that specializes in tech investments, including cloud computing, wireless networking, and digital media. Not only does Rich evaluate hundreds of companies a year, he's also a regular on the speaking circuit--so knows how to talk shop in plain English. In other words, he was the perfect guy to ask the most basic questions of all: How do you find the right investor, and how do you convince them to invest in your business?Rich advises targeting your search very carefully. "Our industry has become highly specialized," he explains. "I had breakfast with a guy this morning and all he looks at is venture investments relating to payments." But whether you own a bagel shop or the next potential Facebook, there's somebody out there who wants to make investments in your field. Four resources Rich recommends to target your search: pitchbook.com, quora.com, www.capitaliq.com and www.preqin.com. [Rich notes that some of the above sites require paid membership.]Once you've identified good prospects, Rich says that highlighting a personal connection goes a long way. He says that even if it's a distant connection, such as knowing someone in common on LinkedIn, that can help set a cold call (or cold email) apart from the pack. "Ultimately it's not going to be why I invest in you," he explains, "But it's a reference point and that can really help."Most companies approach Catalyst after hearing Rich or his partners speak at conferences, or are identified by the firm's group of advisory board members who are constantly on the lookout for hot prospects. For the intial contact, Rich recommends you write a bare bones pitch: an email with a one-to-two page attachment stating: What you do, key metrics of the business, how much money you need and what you're going to do with it. That's it. "Don't send an email with a diatribe," says Rich, "just get to the point."Rich estimates he probably only meets (in person or over the phone) with about 10% of the companies that pitch him. But if you do get a meeting, there are a few rules that entrepreneurs should heed. First, assume the meeting will be one hour max–and plan a succinct presentation accordingly. [I can't tell you the number of times during our conversation that Rich stressed entrepreneurs should keep it short!] Also, says Rich, "If you're going to bring a whole team make sure everyone has a talking role. My antenna go up if five people come in and only one talks!" That scenario makes him think either the CEO is too hands on, or the supporting players lack the self-confidence to contribute–both red flags for investors. In the end, Rich describes a successful pitch to investors as similar to a real estate. "Have you ever been shown a house or an apartment by a great broker? All the lights are on, everything is tidy, they've thought how they're taking you through the house and which views they're going to emphasize?" If as an entrepreneur you can do that, you're on your way to making the sale.