Showing posts with label Twitter. Show all posts
Showing posts with label Twitter. Show all posts

11 November 2011

Can #poetryday Save Our Souls?

Seamus Heaney Seamus HeaneyOn Thursday Umair Haque, self-described author, blogger, thinker, and reformer, suggested #poetryday on Twitter as an antidote to the usual "endless series of tweets about (no offense) trivial stuff" that ordinarily fills his stream.

For some of us -- poets and readers -- everyday is poetry day, but the more I thought about it and saw how others were responding to it, the more I started to think he may be onto something.

I'm not convinced that "poetry is the opposite of the profit motive," as one responder wrote, but I do believe with Seamus Heaney that poetry is "an anthropological necessity because if you didn't have poetry, everything would slip back into media speak."

We need poetry and the attention of the poet because, in Heaney's words, it "helps us to live our lives in the face of destruction."

"I keep getting this funny feeling that our degeneration and the fact that we treat great poetry like stupid rambling might be connected," Umair wrote in another Tweet.

Poet and lecturer David Whyte has been talking about the need for reconnecting with poetry for nearly two decades.

"Corporate America desperately needs the powers historically associated with the poetic imagination not only to see their way through the present whirligig of change, but also, because poetry asks for accountability to a human community, for rootedness and responsibility even as it changes," Whyte wrote in The Heart Aroused, his 1994 book about poetry and the need for more soul in the workplace.

We may never get the news from poetry, as William Carlos Williams posited, but turning away from poetry may prevent us from achieving what Nobel Laureate Joseph Brodsky called "the goal of our species."


(Disclosure: The author is an award-winning poet who also blogs about poetry at seapoetry.wordpress.com.)
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30 June 2011

We Are a Culture in Recline, Not Decline: Cleantech vs. Social Media

“Ultimate Game Chair”
Katie Fehrenbacher had a disturbing post on GigaOm's Earth2Tech this morning:
"Companies that make online games, social networks, and web coupons seem to be able to raise a lot more money in IPOs right now than companies that make energy technology, greener transportation, and biofuels. Zynga’s reported potential $2 billion raise, could deliver Zynga five times Tesla’s combined IPO and follow-on offering.  If Groupon raises at least $750 million, it would bring in more than the IPOs of Amyris, KiOR, Gevo, Enphase Energy, Luca Technologies and Zipcar combined. It’s kind of sad, actually."
Sad?  I'd say it's kinda whacked.

No offenths to the good guys at Zynga and Groupon (and the good VCs who fund them); it's not their fault; they're just giving Americans what they want: distraction and plenty of it.

Some say we are a nation in decline -- I think recline is more like it.

We value distraction and leisure over production and productivity. 

We'd rather throw angry birds at pigs than throw our genius at building a productive new economy based on real, tangible solutions to our energy and environmental problems. 

Rather than produce real food for real people who really need it, we build virtual farms so our virtual friends can help us grow virtual food.

Our penchant for distraction goes back a long time -- and I'm no stranger to it, as those of you who follow my Boston-related sports tweets on Twitter -- but the fact that we value social media and social gaming technologies over potentially game-changing energy and environment technologies is a disturbing trend.

What would our economy look like if we put even half the energy into creating disruption in the energy space that we put into creating distraction for each other?

Okay, I'm off to watch the Red Sox play the Phillies at Citizens Bank Park...


 
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31 May 2011

What My Brush with Fame in Naples Taught Me About Engagement

centre

I arrived in Naples in late July 1990 as a minor celebrity.

My article on Italian-American novelist John Fante had just appeared in the Naples daily, Il Mattino, in a translation by my friend and editor Francesco Durante.

Wherever we went in Naples it seemed everyone I met had read the article, had an opinion about it, and wanted to discuss it with me. 

I met more people who had read something of mine in those few days than I ever have, at least, until the Internet made it easier for me to reach a large, global audience.  What was so interesting about that experience was not the brush with fame..

No, it was how engaged people were with the writing, and not just my writing.  Mine was one of many articles about which they held and shared their opinions.

I wonder whether, more than 20 years later, newspapers in Naples still engender that kind of engagement and dialogue.  And I wonder how we can better capture such engagement on the Internet.  Disqus helps.  Twitter does it occasionally, although dialogue is hampered by that service's forced "retweeting" without commentary.

Some bloggers such as Fred Wilson, who blogs at AVC is a master of fostering such community; whereas another popular blogger, Seth Godin, does not allow comments on his posts.

Within a few days the talk had shifted from my article to the invasion of Kuwait and the first Persian Gulf War, just as we had moved on from Naples to Capri.  I realized those Italians I met were newspaper readers; it was the medium of their day and they formed a community of readers around their reading.

How are you encouraging community among your readers? What kind of reader engagement metrics do you use for your web site?  How are you encouraging dialogue among your readers or your customers?

   
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02 May 2011

How Osama Bin Laden Killed My Blog

NEW YORK, NY - MAY 02: Newspapers announcing t...Image by Getty Images via @daylifeOsama bin Laden killed my blog.

Yes, he did.  From the dead. I did everything right this morning.  Drank three cups of coffee (not tea, because three cups of tea is now tainted).  Walked my dog in the woods.  Did my core exercises.  Showered.  Got dressed.  Sat down at the computer...

...and my fingers froze.  What the hell was I going to write about?  I had no ideas.  None.  Zippo.  The latest potential IPO?  A conference I recently attended?  My thoughts on venture capital and cleantech?  Why conservatives have abandoned conservation?

Stumped.  I was completely stumped.

Aw, just shake it off, you haven't posted in a week and a half, your muscle just isn't working. You'll get it back.  Get up and have another cup of coffee, walk around, meditate. Do something.  

How was I going to compete with the death of Osama bin Laden?  And how was I going to write something that anyone would want to read in the wake of all the news of Obama bagging Osama? 
 
During last night's remarkable news, I thought of my friend Barbara, whose apartment was in the shadow of the World Trade Center on September 11, 2001.  I'll never forget trying to find her on that day almost ten years ago to make sure she was safe.  She was safe, but shaken.

Her life was irrevocably changed that day, as were the lives of many -- of all of us, really.  I reached out to Barbara and found her on her way to New York City from Baltimore, where she now lives. 

But even writing about that seemed half-cooked, uninspired.

Then I thought, maybe I'm really stumped.  After over six years of writing this blog, I'm literally stumped.  It's not writer's block, that I can write through.  No, this feels worse than writer's block.  What's the purpose of a blog that can't compete with a major world event?

Like many things in my life, this blog feels like it's at a crossroads.

I'm in need of a serious rethink and I need your help.

Where does The Green Skeptic go from here?  Where do you want to see it go from here?  What do you want to hear about from me?  What do you want more of or less of?  Would you rather I just retire this blog and move on to other things?

Here's your chance, send me your thought in the comments here or via email (greenskeptic[at]gmail[dot]com.

I want to hear from you.


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19 October 2010

Missing GridWeek, But Staying on Top Via Twitter

I'm missing GridWeek in DC this week because of some compelling work with a new VerdeStrategy client that has a big announcement later this week.  But I'm able to catch up and keep tabs on what's happening via friends who are there and the hashtag feature on Twitter: #GridWeek.


Here's a sample screenshot:



Pretty cool that you can almost be there when you can't be there...




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04 May 2010

Epic Change Launches "To Mama With Love"

My friends Stacey and Sanjay at Epic Change have done it again! They've come up with a clever new viral awareness and fundraising campaign to support one of their favorite causes, Mama Lucy Kamptioni and her quest to build a home for children in her village in Tanzania.

Although you may not have heard their name, Epic Change was the force behind "Tweetsgiving," the Twitter-based campaign where participants sent a tweet of thankfulness that generated funding for Mama Lucy's school in Arusha, Tanzania, that now serves over 400 children.

With this new campaign, Epic Change is putting a new spin on Mother's Day.

They've just launched "To Mama With Love," a campaign to honor moms across the globe -- including mine -- and raise funds for one remarkable mama to change the world.

Epic Change hopes to raise $50,000 in just on week -- the campaign runs from May 3 - May 9, 2010 -- to fund a home for 50 children in Arusha, Tanzania.

How can you participate? It's easy. Show your mama you love her by creating a virtual scrapbook or "heartspace" on ToMamaWithLove.org site, including photos, videos, notes, and artwork and make a donation in her honor. (You can even send her a customized ecard with a link to her heartspace.)

In addition, Organic Beauty Now of San Francisco will donate $1 for every tweet (up to 2,000) that mentions #ToMamaWithLove to fund room for two students at the boarding facility.

So what are you waiting for? Show some love for your Mama!



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16 March 2010

Best of Green 2010 Awards: Green Skeptic Nominated


Readers who follow The Green Skeptic on Twitter http://twitter.com/greenskeptic have a chance to vote for me in Treehugger's Best of Green 2010 Awards.

I'm nominated in the category Best Twitter Feed for Business & Politics.

I'm up against some pretty stiff competition, including @kate_sheppard, @drgrist, @HuffPostGreen, and @YahooGreen.

If I provide value to your daily Twitterstream, I hope you'll vote for me. You can vote everyday until April 2nd.

Thanks for your support!



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08 March 2010

The 16 People You Must Follow on Twitter for Green Business

TwitterImage by respres via Flickr

Last week, I was named one of "The 16 People You Must Follow on Twitter for Green Business" by Earth and Industry

It's a pretty impressive list and I am honored to be on it. (Although, I'm not sure what "shooting hops" is...have to ask my local brewer.)

From sharing news or quality content, to communicating with friends and communities of interest, the micro-blogging platform Twitter has something for everybody. And there are few communities of interest that have swarmed around Twitter with more fury than the business community. Granted, maybe 'business community' is too large a group to even classify as a community, but 'green business community' isn’t. On that note, we bring you the Earth & Industry 16 must-follows on Twitter.

Read the full article: Earth & Industry

And you can follow me: @greenskeptic

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03 April 2009

On Being Nimble, Wise, and Forthright: six months on the path

"I know your blog, I follow you on Twitter, and you're speaking at this conference," a number of people said to me in Aspen last week. "But what do you do?"

It's a question that comes up a lot these days. The answer is I'm doing a lot of things, wearing a lot of hats. (And trying to find one that fits.) I've learned to be nimble over the past six months.

Six months ago, I left Ashoka to develop my idea for a green energy investing platform. Needless to say, it's been a wild ride. I wrote about it on my second day on the job, when Career-man was at war with Entrepreneur-man within.

I rode a roller coaster through those early days and, more often than not, Entrepreneur-man ruled the day. Then September devolved into October, and November was fast on its heals. The credit crisis, collapsing financial markets, and freezing up of capital flows all combined to make it quickly apparent that my timing was off.

Luckily, I was too small to fail, to borrow my pal Howard Lindzon's phrase. I hadn't taken anybody's money and didn't have any employees to lay-off. I started consulting more and began retooling my idea to adapt to the market realities.

"Life is what happens to you while you're busy making other plans," sang John Lennon in one of the last songs he recorded before his untimely death.

Am I wiser for this experience? It's too soon to tell. Too soon to tell if it is a failure. Is an idea a failure if it doesn't evolve beyond the idea stage? Or is it still just an idea? I do know a lot more now about what it feels like to put yourself out there and try to prove an idea.

Of course, my idea isn't dead. Indeed, I had more interest in it last week than I've had in 3-4 months. So much so that I started dusting off the PowerPoint slides and the rudimentary business plan. Rather, the idea is in a holding pattern while life happens.

"Nobody told me there'd be days like these," Lennon sang in another song. Who could have told me? Many ideas take longer to gestate and develop. Some ideas take two or three years to become realized. I've only been at it six months and, even then, not full-time, full-tilt over those six months. (I still have to pay the bills.)

So, I haven't given up the dream. My entrepreneurial dream is still alive, and I get more excited and animated about it when I talk to people about it. Even last night, talking about it with a stranger, an investment banker, in my neighborhood bar: I got excited about it, and he could see the value, had a couple of ideas about people to whom I should talk.

These days, I find Entrepreneur-man wrestles more each day with Career-man. (Having a mortgage and kids always provides a dose of reality.) I have swung from wanting to remain fiercely independent to entertaining the notion of joining another's enterprise. (And don't think people haven't tried to pull me in one direction or another.)

Why am I telling you all this? I've learned it pays to be forthright.

Sure, I want my idea to blossom into the next big thing, but some days I am not sure it will or that I'm the one to do it. (I've been told the entrepreneurs who succeed never waiver in their belief that they will achieve their goals, but I don't trust that assertion...)

I'm writing this hoping it will help other entrepreneurs who are facing the same thing in this crazy economy. (I heard from some after I tweeted some of my thoughts last night.)

I also heard from folks who may be able to be help find partners for this idea-not-yet-enterprise...

So, consider this a six-month gut-check. No one could have foreseen where we'd be right now, either in the markets or in our enterprises. We have a long way to go, but being nimble, wisely paying attention to signals, and being forthright may help us along the journey.

09 March 2009

Van Goes to Washington? Rumor Has It He'll Be Green Jobs Czar...or Not

PHILADELPHIA - FEBRUARY 27:  Van Jones (L), Pr...Image by Getty Images via Daylife

A Tweet over the weekend by Karl Burkart of GreenDig has spread like wildfire on the blogosphere: Van Jones has been confirmed as the nation's first Green Jobs Czar.

greendig: Big news!! An inside source reports Van Jones just confirmed as Obama's Green Czar and will be moving to DC shortly.
2 days ago from web · Reply · View Tweet

I retweeted Burkart's original Tweet on Saturday and several others did the same to mine (view).

Even Grist.org picked it up: On the Van Wagon

But is it true, just a rumor, or wishful thinking? One of those things that become truth because so many people repeat it over and over?

I noted that almost the ONLY source quoted for almost every reference on Twitter is the same shortened url: http://tinyurl.com/bf6mdf, which points back to the original GreenDig article.

And a scroll down the Twitter Search reveals very little additional information: Search.

In addition, a Google search on the terms "Van Jones" + "Green Czar" this afternoon, also results in very little new information or details from credible sources. Almost every reference refers back the Burkart tweet or his GreenDig article, some even quoting it as an original source!

Not satisfied, I called The White House and they had no information about such an appointment. I have a call and an email into David Falkenstein, of Sunshine, Sachs and Associates, who represents Van Jones' Green for All, as well as an email to Van and to his office. And have pinged Karl to ask him to share his source.

As of 2:30 EDT this afternoon, I have not been able to confirm this appointment. Stay tuned.






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02 March 2009

On Trading and Twitter, the Exchange of Ideas

NEW YORK - SEPTEMBER 21: A man sells vintage b...Image by Getty Images via Daylife

We are a people of trade. Trading is what we do. Trade was the main activity of our prehistoric ancestors -- at least those who weren't out hunting and gathering; they bartered or exchanged goods and services with one another before money was invented.

According to Peter Watson, author of Ideas: A History of Thought and Invention from Fire to Freud, the history of long-distance commerce dates from around 150,000 years ago.

It was on the Twitter "exchange of ideas" that got me thinking about this on Saturday. (I would have blogged about this on Sunday, but I was observing #twitterfreesunday, which I started to try to control my habit.)

My pal Howard Lindzon tweeted the following:

really just amazing how many people trade as a living or passion. starting to think our market is huge. 2:56 PM Feb 28th from TweetDeck

And I responded:

@howardlindzon Isn't trading what human beings do and have always done? From the old marketplaces to baseball cards as kids in the US 4:32 PM Feb 28th from TwitterBerry

To which Todd Stottlemyre, who trades from Arizona, weighed in:

@greenskeptic great point, wish I had all the Mickey Mantle cards my Dad use to bring home to me 4:34 PM Feb 28th from TweetDeck in reply to greenskeptic

Then Jaculynn Peterson of Portland, Oregon, added to the conversation:

@greenskeptic @howardlindzon Eugene OR survives on a trade economy. Why I think this city will fare better than others in coming years 4:34 PM Feb 28th from web

And so did the always enigmatic Deepak Das of New York, who said, "Currently I think my stamp collection from 20 years ago is worth more than my stock portfolio." (IU don't doubt him.)

What I love about Twitter is how quickly our idea exchange pays off. We toss out an idea and people trade off it and each other. That is our trade.

The willing exchange of ideas? Priceless.




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08 February 2009

On Ideas, Status, Conversation, and Flow: Life and Twitter

Svg version of a water molecule. The file was ...Image via Wikipedia

Fred Wilson wrote on his blog, A VC, yesterday about how the status update has become the primary user experience, whether you're on Facebook or Twitter or another social networking option.

"I believe Facebook's recognition of status as the most important and most powerful social gesture seals the deal," wrote Fred. "Status is where it's at in social networking. This is very good for Twitter and it's also very good for the other social nets who recognize this and move quickly to provide status updating features and open them up to the social web."

Howard Lindzon, whose latest idea StockTwits, is built on the Twitter API and features a clever twist on the status update (Substitute "What Are You Trading?" for "What Are You Doing?"), countered that "It's about Ideas."

I agreed with both and said so in a tweet yesterday afternoon: I think it's about Status + Ideas + Conversation.


Jeffrey McLarty,
who knows about such things from his study of global water issues, commented that it's all about flow. More specifically, "the flow of it all."

He's right too.

My wife, who is always right, really doesn't get Twitter or why I'm hooked on it. She asked me yesterday whether I preferred my "Twitter life" or my real life. Of course I said my real life, but later I started thinking about it.

There are plenty of moments during any given day when I do prefer my life online, connected to the folks in my various social networks over what I'm doing at that moment. And there are other times when I want to shut off that online world.

But then, it's becoming increasing apparent to me that there is no real difference between the two. And that is where the flow happens: I'll tweet something that feeds into StockTwits, it's picked up and retweeted by a total stranger, and then one of my good friends sees it on my Facebook status feed and comments on it or sends me an email about it.

Another friend calls me to set up a meeting in a couple of weeks and asks me about another tweet, which is in turn commented on by someone else. That comment might trigger another idea in my head, which I might share with my wife or someone with whom I'm having coffee or a beer, which sets off another flow.

A couple of weeks ago I tweeted something about my son collecting coins. One Twitter friend picked up on that and, because he is a coin collector himself, offered to send me some coins from the British Raj. Amazing flow.

The trick is to learn to "go with the flow" and not get swallowed up by it or run ashore. Now that the Dalai Lama (or at least his office) is following me on Twitter, I'm hoping the flow leads to some harmonic convergence or something. Or at least a continuous flow of ideas and status and conversation.




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26 January 2009

Review: The Wallstrip Edge by Howard Lindzon


Investing books run the gamut from bad to Mad and from the solipsistic to the sophomoric. Most are wasting your time with hackneyed investing tips ("buy low; sell high") or the author's idea of the latest hot stocks. Such books seem designed to get you to watch the author's nightly TV show or to buy their next book.

In short, creating noise.

"Noise is the investor's worst enemy," Howard Lindzon says to open his book, The Wallstrip Edge: Using Trends to Make Money -- Find Them, Ride Them and Get Off. "It leads to fear, anxiety, and countless investing mistakes."

Lindzon tells his readers to turn off the TV, stop reading the financial headlines, and to ignore hot tips from friends, family, or your neighbor's dog. Rather, Lindzon, creator of Wallstrip.com the web-based video program that mashed pop culture and the stock market, offers an alternative approach.

It's a simple premise: stocks that have hit an all-time high and are showing signs of growth are likely to go up before they go down. For many, this is counter-intuitive: how can what appears to be an expensive stock be a good bet for an investment? Why don't I just buy a lower priced stock so I can buy more shares?

Lindzon suggests that jumping on a trend on the way up, riding it until it begins to show signs of slipping, and managing your price threshold can lead to greater success than traditional approaches to stock market investing.

He's a good writer, as readers of his popular blog are aware. And he has as much fun at his own expense as a stand-up comedian. But don't let the class clown image fool you, Lindzon is a smart investor and business man with a string of successes, Wallstrip and Golf.com among them.

His latest venture, StockTwits, builds on his own advice to connect to and leverage a network of people you trust to help you stay on top of trends, creating conversation rather than noise.

And staying on top of trends is important in today's rapidly changing investing landscape. The trouble with many investing books is that things are changing so fast that what is a high-flying stock when the author is writing may have tanked by the time of publication.

Certainly you can point to some of the stocks Howard Lindzon discusses in The Wallstrip Edge and say the same thing. Actually, even Wallstrip is no more; CBS, which bought the property from Lindzon in 2007, recently pulled the plug on the program.

But Lindzon suggests it's not about individual stocks, but the opportunity and, if you stay focused on the all-time high list, you'll always find an opportunity. The glass is half full and new trends always emerge. You simply need to pay attention.

Sound advice from a seasoned pro. And worth the price, which by the way costs about as much as a share of $CBS stock at its 52-week high.

(Disclosure: I am Long Howard Lindzon and StockTwits.)



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14 January 2009

On Al Gore, Twitter, Puppies, and Bacon (the Food, Not Kevin)

Twitter is an amazing animal. Yesterday, before heading to a meeting with Al Gore, which I wrote about last night, I decided to ask the Twitterverse what they wanted me to ask him.

Here is a sampling of the responses:



Pretty cool to have such a quick response from the Twitterverse. Thanks to everyone who responded.

In the end, I got to ask one question of Mr. Gore and I went with, "Do you think it is possible for traditional industries, such as the auto industry to adapt and change for the new green economy?"

His answer? "Many of us wish they had done so years ago instead of giving Toyota a 7-year lead in hybrid drive-train development," Mr. Gore said. "But I do think there are plenty of opportunities for industries to get on board now -- and those that see it will do so; those that don't will be gone."

Perhaps Mr. Gore will visit the green skeptic and tackle the questions above in Disqus comments, assuming he is a Disqus user.

(Note: As an experiment, I'm using the words Gore, Puppies, and Bacon in the title of this post.)



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17 October 2008

StockTwits: Break Away from the Usual Market Noise

Annoyed by what you hear on CNBC? I know I am. Seriously, I think their financial pundits have had as much if not more to do with the panic in the market than short sellers. And the other business news coverage is just as bad.

As Jim Cramer says, "They know NOTHING!"

But what if you could eavesdrop on and converse with other traders, amateur analysts, and market enthusiasts? What if you could have a dialogue about stocks you're interested in or actively trading? What if you could bring your own knowledge and interest to the conversation about investing, be it alternative energy and clean tech or whatever.

Well, now you can. Try StockTwits. It just launched with a simple design that will be familiar to users of Twitter or other social networking platforms. Here's a screen shot of my feed stream:




Developed by Soren Macbeth and Howard Lindzon, StockTwits was built on the Twitter API as a way to aggregate Twitter conversations about stocks, trading, and financial markets. A number of us have been using it for months now (and you can too) simply by adding a dollar sign before a stock ticker (such as $FSLR).

A simple idea and a pretty cool concept. The folks at betaworks, which focuses on seed stage Internet media, must think so, too, as they added StockTwits to their portfolio with an investment last month.

I'm interested in using StockTwits to engage with like-minded (and contrarian) clean tech and green energy investors, contribute to the knowledge base about some top performers, as well as learn more about companies I've missed or overlooked.

Come join the conversation.





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16 October 2008

Wallstrip Turns Two

Wallstrip celebrates its 2nd Anniversary today. One of our favorite, actually, the only "web tv" offering we watch regularly, Wallstrip looks at stocks, companies, and trends, especially those that are trading at or near an all-time high. Wallstrip is, as its website describes, "where pop culture meets stock culture."

Founded by Howard Lindzon, Adam Eland, and Jeff Marks, Wallstrip was hosted by the fabulous Lindsay Campbell (now the host of MobLogic.tv) and currently by the equally fabulous Julia Alexandria, who took over in January of this year.

Howard conceived of the idea in the Summer of 2006. He "wanted to create a show like Jon Stewart about stocks. Positive and simple." Eight months after launching Wallstrip, Howard sold it to CBS for $5 million.

Over the past two years Wallstrip has featured alternative energy and green stocks (see search list here), such as WFR, CLHB, and ORA.

Here are two episodes (one from each of Wallstrip's delicious hosts) on wind and solar energy:


Watch CBS Videos Online



Congratulations to the Wallstrippers, and here's to another fabulous season of Wallstrip!

Howard's latest play is StockTwits, which he is developing with Soren Macbeth. StockTwits is an open, community-centred investment idea and information service. Think of it as a "Bloomberg for the little guy."

Soren built it off the Twitter API as a way to track real-time conversations between people interested in stocks, trading, and sharing. Check it out: StockTwits




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09 October 2008

On Panic and an Opportunity in the Midst of Crisis

"Can't you understand what's happening here?" George Bailey says in "It's a Wonderful Life," as the crowd gathers in the Bailey Brothers Building and Loan to make a run on their accounts.

"Don't you see what's happening? Potter isn't selling. Potter's buying! And why? Because we're panicky and he's not. That's why. He's pickin' up some bargains. Now, we can get through this thing all right. We've, we've got to stick together, though. We've got to have faith in each other."

The scene ends with the financial wizards of the BBB&L toasting the last two dollars they have before closing time. Hope springs eternal, even in the worst of times.

I kept thinking of that scene during the past few weeks and, while there are comparisons to that earlier era, the "Debtpression" is different from the Depression. And while the seemingly socialist tools of nationalizing banks and credit institutions seems like a "New Deal," I don't think it is the answer and may end up being a raw deal.

We need to rethink the whole premise of our economy and of what growth looks like, and what our country is built upon. For far too long, our economy has been built on unsustainable growth, and greed.

When housing starts are the bell-weather of growth and consumption fuels the GDP, what do we expect? What do you do when new housing slows down? Make loans more available to those who can't really afford the mortgage you're selling. And extend their credit so they can buy more things to fill up those houses. How long could that have gone on?

We need to rethink the foundational elements of our growth. Why can't growth be equivalent to healthy communities, to greater efficiency, and improved and better uses of existing infrastructure? Why can't our economy be built on sustainable innovations?

Fred Wilson of Union Square Ventures and author of the popular blog, A VC, wrote today about the effects of the economic downturn on his portfolio companies. And (pardon me Fred if I've misinterpreted) it seems that he actually finds opportunity for these companies in the challenging times we're facing.

He writes, "Much has been written about how the 'nuclear winter' of 2001-2003 led to many of the innovations we've been tapping into since. Clearly the capital efficiency revolution was fanned in the nuclear winter. When capital is scarce, smart people figure out how to do more with less. So first and foremost, let's all take advantage of this capital efficiency to get our costs down and build businesses with even more operating leverage. And hopefully there are new tricks out there that we can use to get even more capital efficient."

Gregor Macdonald, an oil analyst and energy sector investor, who also focuses on the coming transition to alternatives, seems to share this view of a leaner, more efficient financial engine.

"What’s needed now is a flowering of smaller investment banks and private equity, to fund the next wave," he writes on his blog Gregor.us. "The financial landscape should become 6 inches high, and 3000 miles wide. We are going to have to cut in the opposite direction, from the current consolidation in US banking. And it will take time. But I think what the country needs is to see a lively investment community in all major cities. Not just New York and Silicon Valley."

Greater capital efficiency and more dispersed investment community. Lean business models and more operating leverage. Sounds more sustainable.

I can't help thinking that out of this crisis -- if we can avoid the noise and abject panic -- can come a new path; a second chance, really. A path that is fundamentally about triple-bottom value creation, where profits are good, but so is people and the planet.

And I keep thinking, as I know Gregor does, that the three areas crying out for investment and that could provide a foundation for a new economy are energy, infrastructure, and new financial service models. Really, a new green economy.

"We invested in the wrong things," Gregor writes. "We invested in the wrong infrastructure. We invested in things that are now paying us little, in the way of return. I’m certain a new era dawns for energy and finance. The investment failures of this decade have likely made the ground fertile, to make it happen."

So, I'm trying to pay attention to a different kind of noise right now -- although it has been tough. It's a bunch of conversations, dialogues, monologues, and even rants by people a lot smarter than me in this arena. It's happening in a community that has a gathered on services like Twitter and StockTwits and Disqus. And it's a more hopeful noise. Concerned, yes, but already beginning to think about what happens post-panic.

As Andy Swan put it in his blog tonight, starting to move from despair to opportunity:
Despair : Opportunity

Fully Invested : Cash Heavy
Short Term : Long Term
Employee : Entrepreneur
Noise : Vision

STOP leveraging your bottom-calls.
STOP thinking in terms of next week or next month.
STOP just being an employee.
STOP listening to the noise.

START raising money.
START thinking about 2012
START thinking (and working) like you own the place

START FOCUSING.


To which, I can only reply (and did), "Amen, brother."

We can get through this thing all right, as George Bailey told the investors of BBB&L. We've, we've got to stick together, though, have faith in each other, and stay focused on a vision and a plan for 2012.




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08 September 2008

New York Times on Twitter, Facebook, and the New Digital Intimacy

Interesting piece in New York Times Magazine this weekend about what social scientists are calling "ambient awareness"...

"Social scientists have a name for this sort of incessant online contact. They call it 'ambient awareness.' It is, they say, very much like being physically near someone and picking up on his mood through the little things he does — body language, sighs, stray comments — out of the corner of your eye."

Worth a read: http://snurl.com/3o6q7


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12 August 2008

What Are You Doing? Wallstrip Does Twitter

Okay, this is outside my usual subject matter, but I've been a fan of Twitter ever since Fred Wilson sold me on the microblogging service over a year ago. (You can follow me at greenskeptic)

I know a lot of people who don't get Twitter, including some who are near and dear to me. Most think it's an unnecessary distraction; some actually think it's evil.

I used to think the former, but then I became addicted. After many months of using it, I realized the best answer to Twitter's simple question, "What Are You Doing?" is NOT, "Having a sandwich" or "Drinking my 3rd cup of coffee."

It's also a good idea not to answer, "Having a bad day at the office." You never know who is watching...unless they follow you. Like any communication tool it needs to be used judiciously and thoughtfully. (I've learned that lesson the hard way.)

What Twitter does best is allow you

1.) to stay in touch with people you don't get to see or speak to often -- or meet new people with whom you would otherwise not be connected;

2.) to post quick takes on subjects you are interested in but don't have time to write a blog post about, and

3.) to wrestle with business problems, the answers to which may already be out there in the Twitterverse.

I've even used it to ask my followers -- now over 350 people -- to help name my book or my green energy investing start-up. (More on THAT later...)

Recently, a number of us are using Twitter to muse about the rise and fall (mostly fall) of our stock portfolios and to gauge what others are thinking about companies we are interested in.

StockTwits scans your tweets (as long as they contain a stock ticker preceded by $, such as $FSLR) and automatically indexes and displays them with a chart of the ticker.

Now, two of my favorite addictions, er distractions, Twitter and WallStrip have come together, trying to answer the question, "What ARE you doing?"



Shout-outs to Howard Lindzon and Soren Macbeth, who got me into StockTwits early -- another great distraction, er tool.

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