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How does Social Media affect FundingUniverse?

One of the things that has been on my mind since I attended the Gnomedex 8.0 conference was how social media can positively and negatively affect the FundingUniverse brand.  Now, I realize that “social media” is a very popular buzz word these days — everyone (& their dog) is talking about social media and I’m trying to decide if the buzz is justified or if this is a fad similar to podcasts and other new media.

Some of you might be asking… what is Social Media?  I’m no social media expert, but I’m referring to the following platforms:

While it may be a little early to in some of the platform’s life cycle, I think that there is a significant upside opportunity by embracing these platforms.  For example, the highly-read blog TechCrunch leverages their entries & pageviews by frequently communicating with over 24,000 followers on Twitter.  It’s also interesting to look at companies built as Facebook or iPhone Applications (including Paul Allen’s We’re Related Facebook App that I talked about in a recent post).
We’re excited to use these platforms to continually build the FundingUniverse community.  We haven’t fully flushed out our strategies, but we have chosen to start with the following:
It’ll be interesting to see where all of this goes and if it’s worth the thoughts, energy, & time that it is currently demanding.

Comments

  1. May 4th, 2009 | 1:11 pm

    Mr. Blake

    I would love to hear more about how you’re using Social Media in your business ventures as well as others that your know and work with. It’s selfish though, I teach @ UVU in the Digital Media program as a tenured faculty member as well as the CEO of Podcast Tune-Up and need to keep in the loop in all aspects. You should know that Podcast Tune-Up is gearing up to do hands-on training events for corporations and independent producers to learn the fundamentals of social/new media integration and production. I would like some feedback on event organization to see if would be conducive to companies and their needs. Would it be possible to have a chat so I understand your views?

    I’m take the time to review some of your media endeavors as well. Much appreciated and best to your efforts!

    Michael Harper
    CEO - Podcast Tune-Up
    Mobile: 801.404.2151
    Twitter: ThePodgineer

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