Archive for September, 2007|Monthly archive page
Tiffany v. eBay: more issues
The latest news on the Tiffany v. eBay epic courtroom saga: after +3 years, a new judge was assigned to the case. Judge Kenneth Karas was removed from the case and replaced by “Judge Sullivan”. It is unclear why this switch was made. Karas’ summer vacation maybe?
b-side
I’ve learned a bit about a very interesting company called b-side over the past few weeks. They’re focusing on, as their tag line describes, “the other side of film”. B-side brings their technology to film festivals around the globe to help poll audiences and create valuable hard data about films. They also are an independent distributor of films – their technology allows them to identify the best films in festivals which they sign to distribution deals. Their site is slick – users can watch previews and purchase full length films, as well as create user accounts and get recommendations. The 43 films currently available through the site are presumably the films that b-side has signed. I just watched “Before the Music Dies” and highly recommend it. They also have the cult hit “Four Eyed Monsters” and lesser known titles like “Phone Sex Grandma“.
B-side may be a hit for their investors through site sales alone, but the data that they can pull from festivals could be extremely valuable if they are able to identify and purchase the rights to the next Napoleon Dynamite, or sell information to those who are interested in doing so. B-side is a great example of a company that has identified an information inefficiency that can be exploited to the benefit of everyday folks (via movie downloads on the site that they wouldn’t otherwise get) and big money players (interested in sniping the next low cost blockbuster). Definitely check them out.
The Wisdom of (Expert) Crowds
There is an interesting little article in the September ’07 HBR entitled “The Wisdom of (Expert) Crowds”. Its free for the time being here. The article examines the Delphi method, a research method in which corporations speak to several experts within a field and implement change based on the analysis (the wikipedia entry is quite good as well). The HBR author argues that the strength of the research form lies not in prediction but in the creation of detailed scenarios which the company can monitor after the research has been completed. The article also notes the recent resurgence of this type of research given the heightened level of “connectivity” available in today’s world. I have written in the past on web applications in the “wisdom of the crowds” and predictive market spaces, but none that I am aware of touch directly on this area…
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