No more manquisitions: 5 New Year's resolutions for the tech world

As we head towards the New Year of 2011, the VentureBeat team has put together a list of things we’d like to see the tech and startup world improve on.

Yes, we’re whiners, and yes, this is skewed toward the topics that we’re personally worked up about. But if there are things you’d like to see changed in the New Year, either in the tech world as a whole, at a specific company, or even at VentureBeat, please let us know in the comments.

1. No more manquisitions — Also known as “talent acquisitions”, these are deals where a company is purchased just to hire its founders and maybe some other senior team members. In many cases, a substantial number of employees are laid off, the technology is scrapped, and users of the startup product are screwed.

There are times when these deals are an easy way for the founders to make some money and find gainful employment, and sometimes they’re the best option for a struggling startup, and we’re not under any illusion that that’s going to stop. But let’s stop pretending that these deals are a huge victory for anyone except the acquiring company.

Besides, the word “manquisition” is just ugly. And “acq-hire” is even worse.

2. Solve the app discovery problem — This is something that every mobile application-builder we talk to is concerned about. They’ve usually developed some good strategies for getting noticed among the flood of content in Apple’s App Store, the Android Marketplace, and elsewhere, but there’s still no good way for users to explore the “long tail” of apps that lie beyond the top-selling and featured app lists.

I don’t think this is a problem that individual startups can solve. The companies running these marketplaces need to make structural changes that help users find apps, especially the apps that don’t have a big marketing budget — otherwise, the growth of apps will start to seem like a defeat, not a victory.

3. Have a substantive discussion about the absence of women in tech — Yes, this is a topic that prompts a lot of eye-rolling, partly because so much of the debate is shout-y and shallow. Some men get defensive because they feel like they’re being accused of sexism, while some women get defensive because they hear condescension in the topic, as if they can’t succeed in the startup world without handholding.

It’d be nice if we could move the discussion away from kneejerk defensiveness and more towards the big, long-term factors that contribute to women still being underrepresented in the industry, especially in tech-centric and leadership roles (and yes, many of these involve broader issues that no particular company or group of companies can fix).

To be clear, I think sexist assholes should still be called out. But let’s not make them the focus of the conversation.

4. Disclose active user numbers — For most Web startups, the big number to flaunt is the amount of registered users. Now those can make for great stories — 1 million! 2 million! 500 million! But these numbers can distort the discussion, because registered user numbers don’t tell us whether a company has an engaged, loyal audience or if they simply convinced a bunch of people to sign up for the service who never came back. Most startups are only going to share numbers that look good for them, but let’s try to focus on daily or monthly active users whenever possible.

For more on this subject, check out this great rant from TechCrunch’s Jason Kincaid.

5. End the overuse of embargoes — Okay, this one is really insidery, but it affects the quality of coverage that you see in VentureBeat. PR firms in tech and elsewhere have developed a practice of giving journalists advanced notice on news, as long as we agree to hold off on publishing anything until an appointed time. There are probably instances when this approach makes sense, particularly if companies have a complicated product or announcement that they want to explain to reporters without everyone feeling like there’s a rush to publish. But embargoes often result in canned, same-y stories showing up everywhere, especially since we can’t talk about the stories (say, with competing companies or an analyst of our choosing) until after they’re published.

Many embargoes are sent with so little advanced notice that there’s no time to do a good job anyway. And there are other times when someone breaks the embargo, leading to the same old rush to publish.

To be clear, VentureBeat still plays by the rules, because that’s the only way we can cover some of the big stories. But I hope there’s a shift away from using embargoes as the default way to distribute news. We’re trying to do our part by increasing the number of stories that aren’t prepackaged, embargoed announcements, and hopefully you’ll see more of that coverage in the coming year.

By the way, I hope never to write at such length about embargoes again. Because on top of everything else, embargoes are boring.

[image via Flickr/Allan Chatto]

  • http://twitter.com/digirascali digirascali

    I find it interesting that underrepresented minority groups rarely even hit the radar. I see TONS of blog posts about a lack of women in tech but hardly more than a peep about Underrepresented minorities such as blacks or latinos. I think it has become chic to talk about the former, and it's uncool or taboo to talk about the latter. Those 2 groups alone make up over a quarter of the US population and remain in the low single digits in tech. Where are the inquisitive articles and analysis about the racial divide in tech?I am not saying this to detract from the importance of the issue regarding women in tech, but instead as an attempt to keep the media true to it's mission of being “fair and balanced.”

  • http://www.venturebeat.com Anthony Ha

    That's a very good point.

  • http://twitter.com/digirascali digirascali

    I'm going to hold VB to that for 2011, :-) .

  • http://www.women2.org/ thisgirlangie

    Happy New Year, Anthony!

  • http://twitter.com/Sphynge Caroline

    On topic #2: let's not fool ourselves here, the big companies will solve this by offering new app developers to pay for better placement. Why curate when you can cash in?On topic #3: good luck with that, and agreed with @digirascaliOn topic #4: great idea, except a LOT of people (including me) feel uncomfortable at the idea that each company is keeping track of every single thing you do. “Active” vs “passive” means someone's watching what you're doing *very* closely, at all times.On an insidey note, online publications who have ads running on their site should then equally show how many *active* users they have when they present to potential advertisers. Not registered accounts. Not “visitors” per year. Not “engaged” as in, a script shows that a page has loaded, your ad was at the bottom, an the reader supposedly read it (even though the average time on page is 0.001 seconds). No no no. A way to show active readers that physically read all the way to your advertiser's content. Oh, wait – no one's going to cover *that* topic.On topic #5: yes that's insidey, but you know what, the cause of that is the media themselves (oh yeah, I'm looking at you too). Embargoes exist because everyone doesn't want to cover the news if someone else has covered it first. On the bright side, embargoes should give media more time to think about something insightful to say about the news (omg, you mean, like, think before you write, dude???), instead of knee-jerkingly puke the press release in the hopes to beat everybody else to the punch. Let's address that first, shall we?

  • josepmartin234

    Non-registered accounts. No “visitors” per year. Not “engaged” in a script indicates that a page is loaded, your ad has been responsible, a reader supposed to read (although the average time on site is 0.001 seconds.)mahjong

  • http://twitter.com/jobseeker_LChow Lauren Chow

    Caroline, you hit the nail on the head with your comments. “Manquisitions” I think will be big in 2011 notably in the job boards. Recently more money has been given to job boards (RealMatch, Resumator and some others) and matching technology is supposed to be “it”. Having been the victim of a manquisition I can relate. I have always been irritated at the grossly over advertised number of users (again, I use the job board industry as some of the biggest offenders). How can a single job board have over 1 Million users and claim to post tens of thousands of jobs that are, in fact, postings skimmed off of other job boards. When there is a button that says to de-activate my account, it still means I'm in their database and not that they have actually deleted my information but can I count as being an active user? Apparently so. When a resume writing service is brought in to partner with a job board the owners of the job board say that their writers have written over 1 million resumes when in fact it's not in-house at all. Sending bot written resume critiques is not writing, it's automating. As bad as unemployment has been, I hardly see that there is any truth in job board advertising/marketing, but their is deception and the “real” numbers should be disclosed. Happy New Year.

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