Friday, April 10, 2009

Rank based search comes to Twitter

by alec on April 10, 2009

Luca Filigheddu is a smart guy who’s been playing with Twitter a lot recently.  Check out his post on link conversion rates, for example.  He’s using the tr.im tracking tool to track conversion rates on his posts, and experimenting with how to goose those rates with multiple tweets.

Recently Luca announced TweeFind, a rank based search engine for Tweets.  Rather than simply search chronologically for twitter messages, Luca is ranking those messages using an algorithm that takes into account the number of followers that the user has – something like the Google PageRank algorithm.

Novel? Yes.  Will it produce the relevant results that he seeks?  Time will tell.  It’s hard to know today whether the volume of tweets and the primitive search tools that exist have created a large enough user problem to warrant this kind of solution.

But kudos to Luca for building TweeFind and putting it out there for users to try.

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Suzie’s advice for Ontario entrepreneurs

by alec on April 10, 2009

Canadian VC’s have been indulging in a pissing contest all week long.  Mark Skapinker’s comments about the state of the Canadian venture industry to the Wall Street Journal touched off a firestorm – a rebuttal from Rick Segal, and various other angry comments via blogs and Twitter, a clarification from Mark, and a follow-on from Rick.

Let’s face it.  The funding environment in Canada is a mess.  Mark isn’t saying anything new when the best option an entrepreneur has for financing is to appear as a contestant on the Dragon’s Den.

There is innovation happening here in Canada.  I’m not sure whether the current conversation has done anything to move the funding situation forward, however.  And does it really matter?  Most entrepreneurs seem to have moved on from the fantasy of a fat VC cheque to the reality of bootstrapping and angels.

Perhaps the best commentary of all has been offered by Suzie Dingwall Williams.  On her blog, Venture Law Lines, she writes about the just announced Ontario Emerging Technology Fund, saying:

…in the last two years, most of the province’s most promising entrepreneurs have designed and built emerging businesses specifically so they will not need to access venture capital that has not been there. If the provincial government is serious about preserving the current generation of entrepreneurs, then it needs to make sure that those who are in the market today can access ETF funds.

Suzie recommends visiting the ETF home page, and using the “comment” link at the bottom of the page to send email asking for insight and an opportunity to comment on the investment guidelines before they’re released.

Smart advice indeed.

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