Advertise On Facebook – Reach More People Than 10 Super Bowls!

Does this mean an ad will cost $40 million dollars per spot?

1000Memories, Accel Partners, Amish Jani, Andrew Hyde, Andrew Mason, Andy Sack, Ashton Kutcher, Aydin Senkut, Ben Silverman, Bin 38, Bob Davis, Bob Iger, Brad Feld, Brian Kempner, Chris Hughes, Christopher Steiner, Dan Nova, Daniel Gaisin, Danielle Hootnick, Dave McClure, David Brown, David Cohen, David Kirkpatrick, Demi Moore, Demo Day, Diego Gutierrez, Dustin Moskovitz, Edmond Yue, Eduardo Saverin, Emmett Shear, Eric Lefkofsky, Fergal Mullen, FirstMark Capital, Founders At Work, Francis Duong, Gaurav Tewari, Gerald Levin, Gerald Poch, Greg McAdoo, Greylock Partners, Harjeet Taggar, HBO, Highland Capital Partners, Irena Goldenberg, Jared Polis, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jessica Livingston, Jessica Mah, Jill Kennedy, Joanna Shields, John Hsin, John Palfrey, Jon Miller, Jr., Justin Kan, Justin.tv, Khan Manka, Larry Wilson, Laurence Albukerk, Lawrence Lenihan, Li Ka-shing, Loopt, Manish Patel, Manka Bros., Mark Cuban, Mark Zuckerberg, Matt Cohler, Matt Nichols, Michael Arrington, Michael Gaiss, MySpace, Nick Marsh, Nicolas Carlson, OnMedea, Owen Van Natta, Paul Buchheit, Paul Cianciolo, Paul Graham, Peter Bell, Peter Thiel, Reddit, Richard de Silva, Richard Heitzman, Rick Heitzmann, Robert Morris, Ron Conway, Rudy Adler, Rupert Murdoch, Sand Hill Road, Scott Shane, Scott Switzer, Sequoia Capital, Sergey Nazarov, Shabbir Dahod, Shawn Broderick, Sheryl Sandberg, Sterling Phillips, Sumner Redstone, Tapzilla, TechCrunch, TechStars, TextPayMe, Toy Story 3, Trevor Blackwell, Y CombinatorSo, I was just on Facebook – along with 800+ million of my friends (soon to be be 7.3 billion) – and couldn’t help notice the sidebar banner ad pitch to “Advertise On Facebook” (see left).

Now, I’ve never noticed an ad on Facebook. Not one. And I don’t think I’m alone.

So why would I pay anything to advertise on Facebook? Because you can’t afford NOT to have your product or brand in front of 800 MILLION POTENTIAL CUSTOMERS. Right?

Because fear works when you’re pitching your platform to advertising agencies – “You need us more than we need you.” So it’s better to make an expensive ad buy on Facebook, even though no one will see your ad, than to be left behind.

Do they think we’re idiots? At least on television, even if the ad is being skipped in fast motion, you see the product. On Facebook, you don’t even notice the ad and, if you did, you wouldn’t care because you don’t want to see advertising when you’re on Facebook.

The only ad tactic that seems to work on Facebook is the one where hot young girls (old dudes pretending to be hot young girls) to “Friend” guys and then post non-stop about how they “LOVE THEIR NEW NISSAN SENTRA” and how much “The New Coke Zero ROX!”

Let I said before, Facebook, unless they start to charge user fees or do those horribly annoying ads that pop right in your face when you log in, is on the road to becoming worthless.

1000Memories, Accel Partners, Amish Jani, Andrew Hyde, Andrew Mason, Andy Sack, Ashton Kutcher, Aydin Senkut, Ben Silverman, Bin 38, Bob Davis, Bob Iger, Brad Feld, Brian Kempner, Chris Hughes, Christopher Steiner, Dan Nova, Daniel Gaisin, Danielle Hootnick, Dave McClure, David Brown, David Cohen, David Kirkpatrick, Demi Moore, Demo Day, Diego Gutierrez, Dustin Moskovitz, Edmond Yue, Eduardo Saverin, Emmett Shear, Eric Lefkofsky, Fergal Mullen, FirstMark Capital, Founders At Work, Francis Duong, Gaurav Tewari, Gerald Levin, Gerald Poch, Greg McAdoo, Greylock Partners, Harjeet Taggar, HBO, Highland Capital Partners, Irena Goldenberg, Jared Polis, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jessica Livingston, Jessica Mah, Jill Kennedy, Joanna Shields, John Hsin, John Palfrey, Jon Miller, Jr., Justin Kan, Justin.tv, Khan Manka, Larry Wilson, Laurence Albukerk, Lawrence Lenihan, Li Ka-shing, Loopt, Manish Patel, Manka Bros., Mark Cuban, Mark Zuckerberg, Matt Cohler, Matt Nichols, Michael Arrington, Michael Gaiss, MySpace, Nick Marsh, Nicolas Carlson, OnMedea, Owen Van Natta, Paul Buchheit, Paul Cianciolo, Paul Graham, Peter Bell, Peter Thiel, Reddit, Richard de Silva, Richard Heitzman, Rick Heitzmann, Robert Morris, Ron Conway, Rudy Adler, Rupert Murdoch, Sand Hill Road, Scott Shane, Scott Switzer, Sequoia Capital, Sergey Nazarov, Shabbir Dahod, Shawn Broderick, Sheryl Sandberg, Sterling Phillips, Sumner Redstone, Tapzilla, TechCrunch, TechStars, TextPayMe, Toy Story 3, Trevor Blackwell, Y CombinatorJill Kennedy – OnMedea

Y Combinator Is A Stupid Idea

I wanted to call this entry “Y Combinator Is A Bullshit Idea” but the ads on the side wouldn’t have displayed due to the “bullshit” in the title.

So, I just read the Christopher Steiner article “The Disruptor In The Valley” at Forbes.com (which is about Paul Graham and his company Y Combinator) and I immediately thought of the bit from “The Simpsons” (Season 12 – Episode 9) when Homer is undergoing medical experiments for money. He tries an appetite suppressant:

1000Memories, Amish Jani, Andrew Hyde, Andrew Mason, Andy Sack, Ashton Kutcher, Aydin Senkut, Bin 38, Bob Davis, Brad Feld, Brian Kempner, Christopher Steiner, Dan Nova, Daniel Gaisin, Danielle Hootnick, Dave McClure, David Brown, David Cohen, Demi Moore, Demo Day, Diego Gutierrez, Edmond Yue, Emmett Shear, Eric Lefkofsky, Fergal Mullen, FirstMark Capital, Founders At Work, Francis Duong, Gaurav Tewari, Gerald Poch, Greg McAdoo, Harjeet Taggar, Highland Capital Partners, Irena Goldenberg, Jared Polis, Jeff Weiner, Jessica Livingston, Jessica Mah, Jill Kennedy, John Hsin, John Palfrey, Jr., Justin Kan, Justin.tv, Khan Manka, Larry Wilson, Laurence Albukerk, Lawrence Lenihan, Loopt, Manish Patel, Manka Bros., Mark Zuckerberg, Matt Nichols, Michael Arrington, Michael Gaiss, Nick Marsh, OnMedea, Paul Buchheit, Paul Cianciolo, Paul Graham, Peter Bell, Reddit, Richard de Silva, Richard Heitzman, Rick Heitzmann, Robert Morris, Ron Conway, Rudy Adler, Sand Hill Road, Scott Shane, Scott Switzer, Sequoia Capital, Sergey Nazarov, Shabbir Dahod, Shawn Broderick, Sheryl Sandberg, Sterling Phillips, Tapzilla, TechCrunch, TechStars, TextPayMe, Trevor Blackwell, Y CombinatorHOMER: “I’m BLIND!”
SCIENTIST #1: “Who’s gonna buy a pill that makes you blind?”
SCIENTIST #2: “We’ll let marketing worry about that!”

Y Combinator is basically offering Silicon Valley a pill that makes them blind (but marketing will fix it).

They offer a little bit cash to grab a whole lot of equity in these tiny start-ups – most which are not even close to being ready for that kind of exposure (or financial decision).

However, with the right spin, PR and influence behind them, they (apparently) ARE ready for the additional money that others might throw their way (for another giant chunk of equity)… IF they can manage to get through the grueling YC BOOTCAMP.

So many of these companies just aren’t ready and, frankly, just aren’t necessary.

It’s like the YouTube star who gets a small role on “The Big Bang Theory” and can barely speak because they’re so nervous and everyone realizes they have no acting skills whatsoever.

This is not to say that there aren’t a lot of geniuses out there with a lot of great ideas. There are. Most are much smarter than me (but not as smart as Khan Manka, Jr.I’m under order to say).

But these geniuses (and mostly non-geniuses, let’s be serious) are being exploited by Paul Graham and company and tossed to these VC wolves who will eat many a carcass to get to the next Facebook (which MUST BE STOPPED… but I digress).

Seriously, in another Hollywood analogy, any start-up attempting to get their business going through Y Combinator is like the screenwriter in Los Angeles who will pay people to read their script because they “work at a studio.”

The chances of success in one of these cattle call models is virtually zero.

Zero for everyone except Paul Graham (and partners).

As a quick primer, allow me a paragraph (from Wikipedia) to explain Y Combinator to those who may not know what it is:

1000Memories, Amish Jani, Andrew Hyde, Andrew Mason, Andy Sack, Ashton Kutcher, Aydin Senkut, Bin 38, Bob Davis, Brad Feld, Brian Kempner, Christopher Steiner, Dan Nova, Daniel Gaisin, Danielle Hootnick, Dave McClure, David Brown, David Cohen, Demi Moore, Demo Day, Diego Gutierrez, Edmond Yue, Emmett Shear, Eric Lefkofsky, Fergal Mullen, FirstMark Capital, Founders At Work, Francis Duong, Gaurav Tewari, Gerald Poch, Greg McAdoo, Harjeet Taggar, Highland Capital Partners, Irena Goldenberg, Jared Polis, Jeff Weiner, Jessica Livingston, Jessica Mah, Jill Kennedy, John Hsin, John Palfrey, Jr., Justin Kan, Justin.tv, Khan Manka, Larry Wilson, Laurence Albukerk, Lawrence Lenihan, Loopt, Manish Patel, Manka Bros., Mark Zuckerberg, Matt Nichols, Michael Arrington, Michael Gaiss, Nick Marsh, OnMedea, Paul Buchheit, Paul Cianciolo, Paul Graham, Peter Bell, Reddit, Richard de Silva, Richard Heitzman, Rick Heitzmann, Robert Morris, Ron Conway, Rudy Adler, Sand Hill Road, Scott Shane, Scott Switzer, Sequoia Capital, Sergey Nazarov, Shabbir Dahod, Shawn Broderick, Sheryl Sandberg, Sterling Phillips, Tapzilla, TechCrunch, TechStars, TextPayMe, Trevor Blackwell, Y CombinatorY Combinator is an American seed-stage startup funding firm, started in 2005 by Paul Graham, Robert Morris, Trevor Blackwell, and Jessica Livingston. Y Combinator provides seed money, advice, and connections at 3-month programs. In exchange, they take an average of about 6% of the company’s equity.

Compared to other startup funds, Y Combinator provides very little money ($17,000 for startups with two founders and $20,000 for those of three or more). This reflects Graham’s theory that between free software, dynamic languages, the web, and Moore’s Law, the cost of founding a startup has greatly decreased.

1000Memories, Amish Jani, Andrew Hyde, Andrew Mason, Andy Sack, Ashton Kutcher, Aydin Senkut, Bin 38, Bob Davis, Brad Feld, Brian Kempner, Christopher Steiner, Dan Nova, Daniel Gaisin, Danielle Hootnick, Dave McClure, David Brown, David Cohen, Demi Moore, Demo Day, Diego Gutierrez, Edmond Yue, Emmett Shear, Eric Lefkofsky, Fergal Mullen, FirstMark Capital, Founders At Work, Francis Duong, Gaurav Tewari, Gerald Poch, Greg McAdoo, Harjeet Taggar, Highland Capital Partners, Irena Goldenberg, Jared Polis, Jeff Weiner, Jessica Livingston, Jessica Mah, Jill Kennedy, John Hsin, John Palfrey, Jr., Justin Kan, Justin.tv, Khan Manka, Larry Wilson, Laurence Albukerk, Lawrence Lenihan, Loopt, Manish Patel, Manka Bros., Mark Zuckerberg, Matt Nichols, Michael Arrington, Michael Gaiss, Nick Marsh, OnMedea, Paul Buchheit, Paul Cianciolo, Paul Graham, Peter Bell, Reddit, Richard de Silva, Richard Heitzman, Rick Heitzmann, Robert Morris, Ron Conway, Rudy Adler, Sand Hill Road, Scott Shane, Scott Switzer, Sequoia Capital, Sergey Nazarov, Shabbir Dahod, Shawn Broderick, Sheryl Sandberg, Sterling Phillips, Tapzilla, TechCrunch, TechStars, TextPayMe, Trevor Blackwell, Y CombinatorIn other words, throw a bunch of shit on the wall and see what sticks.

Great for Paul Graham (based on his idea, Y Combinator would have gotten $20,000 from Y Combinator), but terrible for almost all of those thousands who apply to his program every year just in the hope of getting the YC stamp of approval (and 60 lbs of chili).

So Y Combinator is a Venture Capitalist that funds your start-up so that your start-up can get funded by another Venture Capitalist.

Enough with these f-ing VCs, man.

Whatever happened to creating a company, becoming successful and growing it based on that initial success?

Success because you have a product that people really (REALLY) want.

Thousands of techies are just sitting around coffee shops and cafes in all the “Silicon Valleys of the world” trying to think up new ideas that Paul Graham (and others like him) might like.

Not because it’s an idea that the start-up founder actually believes in anymore – but because it’s one that might get funding.

I mean, fuck passion, right?

These days it’s not whether your company succeeds or fails, it’s whether it gets funded in the first place and a mention on TechCrunch.

1000Memories, Amish Jani, Andrew Hyde, Andrew Mason, Andy Sack, Ashton Kutcher, Aydin Senkut, Bin 38, Bob Davis, Brad Feld, Brian Kempner, Christopher Steiner, Dan Nova, Daniel Gaisin, Danielle Hootnick, Dave McClure, David Brown, David Cohen, Demi Moore, Demo Day, Diego Gutierrez, Edmond Yue, Emmett Shear, Eric Lefkofsky, Fergal Mullen, FirstMark Capital, Founders At Work, Francis Duong, Gaurav Tewari, Gerald Poch, Greg McAdoo, Harjeet Taggar, Highland Capital Partners, Irena Goldenberg, Jared Polis, Jeff Weiner, Jessica Livingston, Jessica Mah, Jill Kennedy, John Hsin, John Palfrey, Jr., Justin Kan, Justin.tv, Khan Manka, Larry Wilson, Laurence Albukerk, Lawrence Lenihan, Loopt, Manish Patel, Manka Bros., Mark Zuckerberg, Matt Nichols, Michael Arrington, Michael Gaiss, Nick Marsh, OnMedea, Paul Buchheit, Paul Cianciolo, Paul Graham, Peter Bell, Reddit, Richard de Silva, Richard Heitzman, Rick Heitzmann, Robert Morris, Ron Conway, Rudy Adler, Sand Hill Road, Scott Shane, Scott Switzer, Sequoia Capital, Sergey Nazarov, Shabbir Dahod, Shawn Broderick, Sheryl Sandberg, Sterling Phillips, Tapzilla, TechCrunch, TechStars, TextPayMe, Trevor Blackwell, Y CombinatorJill Kennedy – OnMedea

P.S. – Also Digg is dead – R.I.P.so is Electus and Comic-Con but I digress… again.

Disney Junior – EUREKA!

Alan Braverman, Alan C. Greenberg, Andrew Mooney, Andy Bird, Anne Sweeney, Aylwin Lewis, Blythe McGarvie, Bob Iger, Bob Weinstein, Brad Grey, Brent Woodford, Carl D. Folta, Charlies Phillips, Chateau Lafite Rothschild, Christine McCarthy, Debra Lee, DeDe Lea, Denise White, Disney Junior, Fred Langhammer, Frederic V. Salerno, George Bodenheimer, George S. Abrams, Harvey Weinstein, Imagineering, James Barge, James Bombassei, Jay Rasulo, Jayne Parker, John Bryson, John Chen, John Pepper, Jr., Judith Estrin, Judy McGrath, Kevin Mayer, Khan Manka, Lee Solomon, Manka Bros., Michael Eisner, Michael Fricklas, Miramax, Monica Lozano, Nick Junior, Noggin, Orin Smith, Philippe Dauman, Playhouse Disney, Preston Padden, Rich Ross, Robert Kraft, Robert Matschullat, Ron Burkle, Ronald Iden, Shari Redstone, Sheryl Sandberg, Steve Jobs, Steve Wadsworth, Sumner Redstone, Susan Arnold, The Weinstein Company, Thomas Dooley, Thomas Staggs, Tina Brown, Wade Davis, Walter Liss, William Schwartz, World's Largest Media Company, Zenia MuchaSo, it was announced today that Playhouse Disney will become Disney Junior. The folks at Disney Corporate must have put in quite a bit of overtime on that one.

It’s a stroke of brilliance really – just as I thought it was brilliant when Viacom changed Noggin to Nick Jr. last year!

Bravo to Disney’s Brand Consultants who, most likely, put in extremely long hours and probably weren’t cheap.

Alan Braverman, Alan C. Greenberg, Andrew Mooney, Andy Bird, Anne Sweeney, Aylwin Lewis, Blythe McGarvie, Bob Iger, Bob Weinstein, Brad Grey, Brent Woodford, Carl D. Folta, Charlies Phillips, Chateau Lafite Rothschild, Christine McCarthy, Debra Lee, DeDe Lea, Denise White, Disney Junior, Fred Langhammer, Frederic V. Salerno, George Bodenheimer, George S. Abrams, Harvey Weinstein, Imagineering, James Barge, James Bombassei, Jay Rasulo, Jayne Parker, John Bryson, John Chen, John Pepper, Jr., Judith Estrin, Judy McGrath, Kevin Mayer, Khan Manka, Lee Solomon, Manka Bros., Michael Eisner, Michael Fricklas, Miramax, Monica Lozano, Nick Junior, Noggin, Orin Smith, Philippe Dauman, Playhouse Disney, Preston Padden, Rich Ross, Robert Kraft, Robert Matschullat, Ron Burkle, Ronald Iden, Shari Redstone, Sheryl Sandberg, Steve Jobs, Steve Wadsworth, Sumner Redstone, Susan Arnold, The Weinstein Company, Thomas Dooley, Thomas Staggs, Tina Brown, Wade Davis, Walter Liss, William Schwartz, World's Largest Media Company, Zenia MuchaI can imagine conference calls, late night food deliveries and logo designs on several other names like Disney Tots, Disney Ragamuffins, ToddlerDisney, Disney 2-7 (or ‘The D27!’)… before finally reaching the stroke of genius that is Disney Junior.

And I’m sure it was a tense few days before Bob Iger finally signed off on it. During the presentation, he probably said things like “Disney Junior? Really? Isn’t Junior a term for boys? Nickelodeon did it? OK, go ahead.” And that was that. Disney Junior will launch in 2012!

Being a parent of a five year old, I am not cynical about children’s programming and appreciate the big media companies producing so much content that distracts my child long enough so I can take a five minute break to go to the bathroom (including my own parent company Manka Bros. and our Manka Kids brand – Manka Junior anyone?).

I just think with all the millions of dollars being thrown around at media companies on Brand Management, it’s nice to know that all anyone needs to do to brand something for toddlers it to put the word “Junior” behind it. Clorox Junior, Coke Junior (with 40% less sugar), 1976 Chateau Lafite Rothschild Junior (for French children)…

Maybe I’ll launch OnMedea Junior for toddlers who want to read scandalous corporate media stories about “Dora the Explorer”.

Alan Braverman, Alan C. Greenberg, Andrew Mooney, Andy Bird, Anne Sweeney, Aylwin Lewis, Blythe McGarvie, Bob Iger, Bob Weinstein, Brad Grey, Brent Woodford, Carl D. Folta, Charlies Phillips, Chateau Lafite Rothschild, Christine McCarthy, Debra Lee, DeDe Lea, Denise White, Disney Junior, Fred Langhammer, Frederic V. Salerno, George Bodenheimer, George S. Abrams, Harvey Weinstein, Imagineering, James Barge, James Bombassei, Jay Rasulo, Jayne Parker, John Bryson, John Chen, John Pepper, Jr., Judith Estrin, Judy McGrath, Kevin Mayer, Khan Manka, Lee Solomon, Manka Bros., Michael Eisner, Michael Fricklas, Miramax, Monica Lozano, Nick Junior, Noggin, Orin Smith, Philippe Dauman, Playhouse Disney, Preston Padden, Rich Ross, Robert Kraft, Robert Matschullat, Ron Burkle, Ronald Iden, Shari Redstone, Sheryl Sandberg, Steve Jobs, Steve Wadsworth, Sumner Redstone, Susan Arnold, The Weinstein Company, Thomas Dooley, Thomas Staggs, Tina Brown, Wade Davis, Walter Liss, William Schwartz, World's Largest Media Company, Zenia MuchaJill Kennedy – OnMedea