twitter Archives - Adam Yamada

Twitter IPO a Success, Should you Invest?

The big social media and financial news this week was the Twitter IPO (Initial Public Offering) which seems to have been quite a success for the social networking service.

Twitter started trading shares to the public on Thursday (November 7th, 2013) and opened at $45.13 per share. This was a 73% gain from the $26 per share that was offered to insiders and existing shareholders on Wednesday, the day before the IPO. Early reports projected TWTR, the stock ticker symbol Twitter is listed under, to list around $35.

Twitter shares reached a high of trading at $50.09 during the Thursday, the first day of trading. However, on Friday the shares slipped back down to under $45 and as of this writing the stock current sit at $41.65 per TWTR share.

Even if the shares pulled back Friday the Twitter IPO gave the social media company a huge boost in it's market capitalization. How much? About $25 billion along with the surging stock of course this fluctuates with the stock price. It currently sits at under $20 billion. This still means Twitter has a bigger valuation than a lot of S&P500 companies. The real question, is that a fair valuation for Twitter?

By all accounts Twitter is a poster child for a successful technology and social media company. Twitter has roughly 100 million active users each day and over 230+ million accounts. (Probably about 10%-15% of those accounts are bots though.) Users create 500 million Tweets each day sharing thoughts to the world in 140 characters or less.

Twitter's numbers are quite impressive but the microblogging service has yet to find a great way to make, you know… money. Currently the best way Twitter is pulling in cash is Promoted Tweets and Trends. Companies can pay to show Tweets to users they believe will find them of value and try to promote a hashtag trend they want to get noticed. The company has also toyed with different ways to make money but a lot of those are not worth mentioning. The Twitter IPO helped raise cash too.

Everyone it seems uses Twitter from journalists, celebrities, athletes, politicians, etc. Warren Buffet even has a Twitter account but he doesn't actively Tweet. Still Twitter is seen as an important tool in the web 2.0 world.

It should be noted that TWTR listed on the New York Stock Exchange (NYSE) and not the NASDAQ which is where most tech and social media companies are listed. Does that means the executives and founders of Twitter view it differently?

Whatever Evan Williams and Jack Dorsey think they are probably pretty happy since they added a significant amount to their personal wealth. It should be noted these two and did not offer any of their shares for sale. None of the banks underwriting the IPO Goldman Sachs, Morgan Stanley, and JPMorgan Chase, decided to sell shares as well.

The general belief seems to be even if Twitter is not making money now, they will figure it out eventually. A lot of people are still joining and starting to use the service and a majority of users use the social network on smartphones. Twitter still could lose ground and users just like Facebook is experiencing now. Remember my article asking “Is Facebook for Old People Now?” Could the same thing happen to Twitter?

I was annoyed that they stopped support of TweetDeck Mobile apps and I haven't been happy with other decisions Twitter has made. Overall they've done a good job of making the Twitter API easy for developers to build on and make 3rd party Twitter clients and applications which has helped fuel growth.

Liking a social media service is different than investing in it though. Would you invest in Twitter with your personal money? Do you believe the Twitter IPO was successful? Do you think you would wait until the TWTR comes down? What do you see in Twitter's future?

Is Facebook for Old People Now?

The other day I was scrolling through a private forum and I noticed one of the hot topics was this question, “Is Facebook for Old People Now?” and therefore “Is Facebook considered lame and uncool?”

I should clarify these were not the exact questions in the forum but is the general gist of what a lot of people are discussing right now whether they be internet marketers, social media managers, bloggers, journalists, etc. Facebook, once the darling of social media and web 2.0 companies, seems to be losing a lot of steam. Why is this?

I could throw you a bunch of statistics, link to a ton of articles, and give you a lot of different reasons for this. However, the simple and easy explanation is that Moms and Dads like it and use Facebook a lot nowadays. That means teenagers obviously don't like Facebook and can't be seen where parents hangout, online or offline. Therefore even young people that do have accounts, they really are not using Facebook for social networking.

Most of these young people have taken a liking to the 6-second video service, Vine. (WordPress a few months ago enabled Vine videos to be easily embedded in posts.) In addition they like Instagram, which is why Facebook spent 1 billion dollars to buy it, a photo sharing app allows you to easily create beautiful images and videos. SnapChat is another popular photo sharing service as it allows a person to send a photo which only the receiver can view for no more than 10 seconds. (That's why it has earned a reputation as a porn app.) Additionally Twitter is also gaining in popularity due to the ease of use of the social network on mobile devices.

Basically that all adds up to limited time for other social network chiefly Facebook. Young people consider Facebook a pain to use and too time consuming. Besides you can hear their thoughts before they would sign-on, “Ahh, this is something my parents like.” is what a pimple-faced, braces-laden teenager is saying somewhere right now.

Facebook still has not figured out how to make it easy to manage pages vs profiles and how to quickly sort through the newsfeed. I also don't really understand how people build audiences without spending money on ads. I am not going to spend money with a social network I have gained little value from personally and professionally. That's why I recently deleted my personal profile and that's the issue that Facebook executives are facing. If young people don't use it, they won't spend money with them in the future.

What do you think? Is Facebook for Old People now? Can Mark Zuckerberg and Facebook reverse this trend or is it the natural rise and fall of websites and the internet?

[Image Source – Washington Post]

Twitter Invitation Email Scam

Seems there is a Twitter Invitation Email that was popular a few months ago but is still going around. If you are reading this post I assume you got the Twitter invitation email and were thinking about clicking the “Accept Invitation” button. Well DO NOT click it.

From what I can tell it seems the email will execute a malware downloader onto your computer. While the Twitter Invitation email looks legitimate as it seems to have been sent from Twitter, it definitely was not . Think about this for a second, why would need a Twitter Invite if you are already on Twitter? Yeah, doesn't make any sense.

I can see why people would be fooled by this Twitter invitation email though. It is simple and the spammer someone found an exploit to send these emails using Twitter's domain name. This obviously creates trust for anyone who uses Twitter or likes the microblogging and social media service. You might say to yourself, “Well it was look suspicious but was sent from Twitter.” That's where trouble starts and how you get malware or spyware onto your computer though.

If you got the Twitter invitation email or know someone who has, it is best to not open the email at all and please remember to delete it or better yet mark it as ‘Spam.' That way your email provider or service will monitor other similar emails and someone else will not accidentally download malware onto their computer.

One of the best constructed spam emails I have seen was this Apply Verify Your Account phishing scam. The spammer who made up that email must have put a lot of time into that phishing scam. I know people are still receiving that Apple phising email as the article still gets decent traffic everyday of the week. Guess whoever it is still thinks it will work on some people.

If you go this Twitter Invitation email, what were initial reactions? Did you think it was legitimate at first or immediately know something was suspicious?

UPDATE 11-7-13: Just got another one of these Twitter Invitations emails this morning. It was from ‘Christopher Meloni' though and not Mohan Raj. I guess the spammer thinks using an actor's name will make more people open the email and download the malware.

UPDATE 2-12-14: I've gotten a few other Twitter Invitation emails but this time the sender is Lucia M Tellez. Spammers don't know when to stop I guess.

10 Reasons Deleting a Facebook Account is Good for You

Recently I deleted my Facebook account, which sounds hard to do but it wasn't as hard as you might imagine. With my support and help you can Deleting a Facebook account can be easy. While a seemingly impossible task for some, it is not that hard. We can do it together and here are 10 reasons to help you make deleting a Facebook account more clear cut and easier.

1. It's a HUGE Waste of Time

This shouldn't be a surprise to anyone that has every used Facebook. Essentially it is a blackhole of time with a gigantic mass of stupid internet memes, people's problems, complaints, hatred, and anything else you don't want to hear about.

While I think social media can be used for great things, Facebook has a serious crisis in the way it organizes all the data that is shared on it's platform everyday.

2. Privacy

It's been pretty clear from day one that Facebook doesn't give a shit about your privacy and your personal data and information. (It should be called FaceCrook.) Also it's a complete illusion that anything you share on Facebook can be kept completely private. You hear stories all the day about people sharing things they shouldn't on Facebook, and then subsequently getting fired or kicked out of school.

If you delete your Facebook account you won't have to worry about someone seeing a post they were not supposed to see, since you won't be on it anymore. If you are stupid enough to share every detail of your life on Facebook, then I guess it's for you.

If you want to share anonymously go join a forum with a crazy username or go over and sign-up for Reddit. That's where people vent about all sorts of stuff publicly, but anonymously.

3. Facebook EdgeRank

For those that don't know Facebook EdgeRank is an algorithm that decides what to show you and what not to show in your newsfeed. Just out of curiosity, why does Facebook need to decide this for me? If am following a page or person, I am interested in what they have to share. If I don't like it, I don't follow them. I don't need Facebook making the decisions for me.

Also Facebook EdgeRank means brands have a huge hurdle to overcome when they are sharing content. Facebook seems to be tweaking Edgerank making it increasingly hard to get people off of their “walled garden” in hopes of generating more ad revenue. (Remember they went public so they gotta please shareholders.) I've seen firsthand Facebook pages with a large following but a laughable low Click-Through-Rate (CTR) to articles or content they share. You need a lot of followers to make the Return on Investment in Facebook make sense because of Facebook EdgeRank.

I even talked with many companies who have complained extensively about EdgeRank. It's usually the same story, “We've spent $1000's in Facebook advertising and now Facebook is limiting what we can do with fans we paid for via advertising.” Not sure how this makes sense, and they get away with it, but I guess Facebook really likes to screw people over. Hey, they've been doing it since day one.

Fuck Facebook, Fuck Edgerank!

4. There are OTHER Social Networks

Yes, there are other social networks you can used besides Facebook. Twitter, Pinterest, Tumblr, Youtube, etc. all which can be a BETTER use of your time. Additionally if you are a business some of these social media sites can better target certain customers and drive traffic to your website.

For instance, recently I discovered the power of Pinterest for photo sharing. What's nice about Pinterest compared to Facebook is that images can have click-through links to your articles. This means each time I share something I get maximum value out of that share. If other people Pin your images they sometimes do so to come back and reference it. You don't get that benefit on Facebook. Also Pinterset makes it super easy to organize and share images, while Facebook does not.

Tumblr is another great photo sharing platform for the same reason as Pinterest. Images can have links directly to your articles, but links are DoFollow on Tumblr. The platform Tumblr is built on makes sharing content fast and easy. It's also a lot easier to schedule posts since you can just select “Add to Queue.” You don't get the benefit of people coming back to the images though, but it's still a better platform for photo sharing than Facebook.

Twitter in my opinion is another better social network, especially for managing multiple accounts. I use TweetDeck to help manage different Twitter accounts and Tweets. (Honestly it wouldn't be enjoyable to use Twitter otherwise. ) A 3rd party developer or Facebook has yet to come out with an equivalent tool, that is as good as TweetDeck, for managing multiple Facebook pages. Additionally Twitter is easy to get in, and get out of quickly. I don't like it though that Twitter stopped supporting TweetDeck's mobile Apps.

I could go on but if you find that Facebook isn't working for you personally or for your brands, drop it. Deleting a Facebook account in this case shouldn't be that hard. Figure out another social network or social media platform that will work for you.

I am still going to keep up the Singing Dog Facebook page but will be posting on there sporadically. It's not worth my time.

5. Mark Zuckerberg

There is the founder of Facebook, Mark Zuckerberg, who's always stricken me as an odd person. It's been widely speculated that he has Asperger's syndrome, which I am inclined to think is true. He is a very private person, ironically, and doesn't seem to like that people.

Also for some reason people think he is the shiznit but I don't really see it that way. Anytime I've heard him talk he says the same friggin thing, “I'm really just trying to connect the world.” or variations of this. If you ever listen to Jack Dorsey, the creative mind behind Twitter, talk you feel like there is a lot going on in there. With ASSperger's man… not so much.

The reality is that Mark Zuckerberg isn't all that smart. The truth is he stole the idea for Facebook. Just ask the Winklevoss twins and Divya Narendry, since they know from experience! 🙂 He'll fuck you over especially on privacy, which is #2 on my list. He even fucked over his friend who helped him start Facecrook, Eduardo Saverin.

The best way to refer to Mark Zuckerberg is,”Fuckerberg!” FYI this is probably the best Twitter search you can do! 🙂

6. Moderation

Facebook hasn't done a good enough job of moderating page content. I've complained about certain pages before and many times a few seconds later I got a reply saying that “It's ok” according to Facebook's terms. WTF? A real human obviously didn't look and analyze the page. Mark Fuckerberg can't pay someone to monitor that stuff?

7. Facebook's User Interface Blows

Facebook is seriously failing behind with keeping updated on an intuitive and easy-to-use user interface. Checkout Pinterest for instance, which is hella simple and doesn't take much to pick-up.

Facebook can't seem to figure out whether to appeal to old people or young people. Since old people don't like a user interface change, they have a real problem on their hands. Change it so young people will flock back, and their user base will be confused.

8. Its' Slow

Do Facebook engineers not know how to load balance a server? Do they know what a content delivery network (CDN) is? I guess not since uploading a photo takes longer than an old lady crossing the street. Hey guess what Facebook engineers, stop playing beer pong and go do your fucking job! You get paid plenty of money and you've seriously go ZERO excuse for any slowness at anytime during the day. ZERO!

Deleting a Facebook account will save you a lot of time! 🙂 Once I launch my new web hosting site, HostTribe, you Facebook engineers could probably learn something.

9. Facebook is not Cool

There is a good reason Facebook shelled out $1 billion for Instagram. Their user base is getting older since parents have started to use it. (Damn!) As this happens more and more… well it's going to be seen more and more as a Not Cool. Quite honestly a lot of young people already think it is Uncool.

Facebook's current crisis is that it's started to become the next MySpace. This won't happen this year, but it will happen faster than you think unless they start truly making some innovative changes. I doubt that will happen as long as Fuckerberg is running the company.

10. Focus on Your own Web Projects

Do you want to start a blog? Do you have a cool smartphone app or web service you want to get develop? Have some innovative tool that will change the world?

Stop kidding yourself spending time on Facebook is really helping you accomplish these goals, because it isn't. If you want to create something for the world to use, share, or appreciate you should be spending less time on Facebook and social media altogether and focusing as much time and effort as you can on your own web projects.

Conclusion, Facebook sucks

For a young person in this hyper-connected digital age some would tell you it is a social death sentence to delete your personal Facebook account. Will I be sad to miss baby pictures, vacation pictures, and important updates from my friends? Sure, but I feel there are plenty of other ways for me to keep in touch with my friends in this day and age.

I am never going back to the blue and white social media wasteland and hope others will join me. I understand if you stay on there though and don't hold it against anyone. I know not using social media is hard and for some to not use Facebook… well that's just plain impossible! 🙂

If you do plan on Deleting a Facebook account, please remember to backup and archive your information before doing so. This will enable you to keep all your pictures and other vital information.

Are you considering deleting a Facebook account and moving on in your life? Let me know why and if you feel my 10 reasons are justified. Did you already delete you Facebook account? Why did you do it?

Catch me on Twitter @AdamYamada… if you can.

Not Using Social Media is Hard

The other day I decided that I needed to try to put some of my social media use on hold for awhile. The reason is I have several web projects I need to work on and it is quite time consuming to have to monitor social networks across many different platforms. Not using social media at all though… well it's quite hard to do.

First I started with LinkedIn and wanted to see if I could deactivate my account for awhile. Technically you can't deactivate an account but you can set your account so that nobody can see it. This is basically the same thing as deactivating your account I guess since what good is a social media profile nobody can see? Anyway after I did that I moved onto Twitter.

Weighing the options of temporarily deactivating my Twitter account I realized it probably wasn't possible for me to actually stop using Twitter. I have auto posting setup for @AdamYamada and some other accounts which is kinda nice. Besides like LinkedIn it seems the only way to deactivate an account is to just set your profile to private. Of course the big difference here is that anyone that is following you can still see your Tweets and profile information. Sooo for now my Twitter accounts are intact but at least I uninstalled TweetDeck from Google Chrome. While TweetDeck is a great social media tool it can be hard to manage the Twitterverse.

Then I moved onto Facebook the biggest and baddest social networks around. Facebook at least has the option to keep your information intact but deactivate your account temporarily. It's nice keeping up with all your friends but let's be honest… Facebook is a blackhole. It sucks away all your productive time and you can never really get that time back.

I thought deactivating my Facebook account would be easy… ahhh I was wrong. I have several apps connected to my personal account and no other contributors. You can't deactivate the account and keep the Apps active without switching having an Administrator for the Apps that has a verified account. That means to deactivate the account I might need to get a prepaid phone to use with a dummy account or just ask someone to transfer use the apps.

Then came all the social bookmarking sites I have used. Damn, I've used a lot and a lot of them I never really understood or generated much traffic for me. This includes Reddit, Delicious, Tumblr, and more. Is it even worth time to delete those accounts?

So my goal of not using social media was a bit harder than I imagined it would be. It is all to easy to sign-up for these services but all too hard to truly leave. It is not in the best interest of the Facebook, Twitter, LinkedIn, etc. if you stop using their services.

Even though all these social networks can be quite useful used in the right way a lot of people try to contact me through it instead of just sending me an email. I am just not really a fan of that as it takes a whole lot of time for me to direct message rather than just use my email. I guess that's old school but hey, I still get emails from Twitter, Facebook, and Pinterest.

Bottom line not using social media at all nowadays is damn hard these days. I wish it was possible to click a few buttons to just take a break but that ain't possible my friends.

Have a similar story of trying to disconnect temporarily or permanently from social networking? Please share your story in the comments below. I'd be curios to hear stories and I know others would as well.

Are Forums better than Social Media?

All the hype and rage you hear from marketers nowadays is all about social media this and social media that. However, could it be that social media doesn't provide much useful information?

I ran across an interesting article on Social Media Explorer the other day which should make some marketers and companies rethink their social media strategies. The report examined where the conversations about banks and the banking industry takes place online. The winner? Forums.

In the report they found that 90% of information about banks being discussed online is found on online forums. Social networks accounted for 1% of the real conversations about banking. While Jason Falls, the writer, would obviously like you to purchase his report on the banking industry, keep in mind that he runs a site about social media. If they were smart they would have thrown out the report and declared social media is the best place to market for banks! 🙂

The article really got me thinking about where I go to find useful information online. If I wanted to know more about web hosting, I go to a hosting discussion forum. I would not turn to my followers on Twitter or Facebook since they probably don't know the answer and couldn't help me out. Most of the time when I need technical help or I am trying to learn something new with software I do the same thing.

Posting cat memes and pictures while fun… come one, that's not useful to anyone. Of course we all know that Singing Dogs are quite useful for the internet. (These are my dogs by the way.) To a certain extent social media is really more ideal for being entertained and engaged. Something marketers are keen to capitalize on.

For a second I would think about where you get useful information when doing a Google search. Do you always find what you need on blogs? Probably not. Does Facebook's search engine (Bing) even work well? No. Can you find technical help on Twitter? Some places sure, but for the most part I doubt you can get technical questions answered in 140 characters or less all the time.

The current bank I have my money with I did research before opening an account with them. Googling I found a bunch of threads, from genuine people (I hope), recommending their services and after reading these positive reviews on forums I decided to bank with them. I have been using this bank's services for almost 2 years and couldn't be happier. Their service and products are better than the local credit union's I was using and they have excellent customer support.

However, in all my research I didn't see anyone from the bank post on these forums or see bank reps taking part in any conversations. Jason Falls hits the nail on the head when explaining why most marketers don't incorporate a forum into their overall marketing strategy.

marketers are petrified of them [forums]. Why? Because marketers typically aren’t welcome there. Most forum administrators are quick to thwart link droppers and promotional banner wavers. You can’t blame them. The users come there for … wait for it … conversations.

This is an excellent point! I will get a lot of angry emails for saying this, but the reality is that marketers can't have real and meaningful conversations. Participating in a forum means you need to really respond to what people say and not feed them what you want them to hear.

A common complaint I've heard about forum marketing is that it can be a lot of work with minimal results. While it all depends on the niche, and what forums are available in the niche, again you need to provide real value and not just be trying to sell your products or get backlinks for you site. Let's be fair, marketing on social media networks isn't easy and takes time, work, and a lot of money.

Having recently attended BlogPaws, a pet blogging conference, there was no discussion about forums, forum strategies, or how to get a community started. The majority of the discussions regarding social media networks such as Twitter, Facebook, Pinterest, etc.

Before going to the conference though I turned to the BlogPaws Newbie discussion group to get useful information regarding the conference for new attendees. I got a lot out of the discussion group where I learned great tips and advice about attending BlogPaws I wouldn't have gotten unless I was part of the Newbie group. If I had gone to the Twitter or Facebook pages I really wouldn't have gotten many answers to my questions or gained as much insight into BlogPaws before attending.

Since forums have been around since the dawn of the web I guess they really don't have the coolness and ‘new kid on the block' appeal of social networks. I also rarely hear anyone say they want to start a forum since blogging or building a website product or service is what most people want to get into.

If Social Media Explorer's report is accurate, a lot of marketers should consider what having a good forum presence can offer them and their brand. Forums are not going anywhere and will be around until the internet dies I bet. So if the conversations for your audience is on forums, you either should get a forum strategy or start one.

Catch me on Twitter @AdamYamada … if you can!

[Image Source – Social Media Explorer]