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Wednesday, May 14, 2003
 

The September That Never Ended
Could it be that blogspace is headed into The September That Never Ended?
10:29:58 PM    comment []


Self-organized Learning

Sebastian Fiedler offers another perspective on blogs and learning:

Paper Draft for BlogTalk 2003. I have published my paper draft [Personal Webpublishing as a reflective conversational tool for self-organized learning] for BlogTalk 2003. Comments and feedback are highly appreciated...

...An efficient learning conversation requires that the content and process is controlled but at the same time the individual contributions of the participants cannot be totally specified before the conversational encounter unfolds....

I think it is quite illuminating to conceptualize the emerging networks of personal Webpublishing outlets as a giant, self-actualizing conversational learning environment for self-organized learners...

Personal Webpublishing changes this picture considerably. Suddenly we are not dealing with artifacts alone. Behind every personal Webpublishing outlet is another self-reflective being, another node of personal knowing, often ready to engage in conversational exchanges of various kinds...

Lilia's comments to the paper [via Mathemagenic]


3:50:38 PM    comment []


The Other 80%

Jay Cross has posted a whitepaper on Informal Learning - the other 80%, in support of Friday's eLearning Forum event

Jay points out that learning is fundamentally social and traditional systems fail to support informal learning.

Informal learning takes place within social networks as an outcome of conversation.


3:43:26 PM    comment []


KM Blog Links

Jim outdoes himself in keeping track of these things:

Weblogs and knowledge management. Another stream of recent posts has focused on weblogs as a tool for knowledge management both to capture and share knowledge. They include a mix of posts focusing on individual knowledge workers and on knowledge workers within organizations. [via McGee's Musings]


2:54:20 PM    comment []


Portfolio Aren't Just for VCs

Tim Oren provides a great account of why business models require exit strategies for VCs.  I am really enjoying how VC bloggers are sharing practice and theory these days.   Public discussions about private equity is a good thing. 

He also describes the big capital option for small web service companies to spend their way into barriers to entry and meet large fund investment size requirements.  Its a good honest point, but it should be the default option

Good entreprenuers will find ways to position smaller plays for exists.  As more small companies develop protectable web service plays, a trend of the commoditization of software, smart acquirers will in general lower the size of average acquisition.  There is a roll-up strategy out there.

Entreprenuers also experiment at the margin.  Some of the best companies started as smaller plays and gradually ate their way into ajoining opportunities  They stumble on opportunties.  The problem, however, is that the best opportunities and final form of the company can't be forecast.

If there is one problem I have with the VC model that has less to do with real-world constraints of their business -- its how they want to be the only ones with a portfolio strategy.  VCs practice portfolio investment to realize diversification benefits.  But they don't want their individual companies to diversify their activities.  Doing so makes their portfolio management to avoid concentration of risk more complicated.

Startups should be in fact encouraged to take a portfolio approach to their business.  At the very early stage the porfolio of products and market segments needs to have significant synergy to realize economies of production and sales.  But as it grows, startups should be encouraged to experiment at the margin and further their diversification.  Doing so enables the creation of real options that can be exercised for real value.

This isn't really at odds with the VC model.  Each real option increased the probability of acquisition by varying interests.  It grows the company in the sustainable manner required for IPO.  And in the worst case scenarios the diversification benefit yields a greater possibility of returning the orignal investment.

Tim points out the problem is in a VC portfolio the good companies are taxed by poor performers.  If you increased the worst case performance by allowinging entreprenuers to practice established portfolio investment techniques, it could have a decided impact on total return.

 


11:17:59 AM    comment []


Conventions Extend Tools

Stewart Butterfield makes a good point that Radio's integrated RSS aggregator is almost like an automated plagarism button.  Take my previous post, its really easy to include the full text of something I aggregated, and the default citation of square brackets [shellen.com] isnt clearly understood by most readers.

The integrated aggregator was the reason I adopted Radio in the first place and remains its best feature.  However, the design of the tool doesn't capture the concerns of use, fair use in this case, leading to the need for social convention.  Here's mine:

  • New convention: Including a via in square bracket citations, as in [via shellen.com]
  • Making the citation or passage distinct from my text, either through indentation or a text box
  • Always add value to what I paste by annotating, even if its just an original sentence

Of course, I have been blogging for a little while now and have been picked up because of feedback.  Tim once kept me honest on making citations distinct.  I have observed others posting entire posts without adding value and seen how their blog is percieved. 

The tradeoff is code can institute rules which is dangerous to pre-plan, but at a cost of user flexibility, while social conventions lag in adoption.  The opportunity is for the tool makers to listen to feedback and institute social conventions as they mature to eliminate differences between new and established users.


7:23:47 AM    comment []



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