YouTube monetizing 1+ billion videos per week and Spotify sales are ?50+ million per year

Some data points worth noticing in Midem(Net) Blog's Live Post: Conversation with Spotify and YouTube and BBC News'
Spotify boss Daniel Ek sets out future plans

- YouTube monetizes more than 1 billion videos per week (for each $1 in average CPM for a mix of overlays and pre-rolls YouTube has sales of $1+ million per week/$52 million per year)
- YouTube sells pre-roll ads in the UK for 15-30 pounds
- Spotify has 250,000+ subscribers (about 30+ million euros per year) and Spotify's "advertising business is in the tens of millions of euros each year" making it sound like it is at least on a ?50 million revenue run-rate and growing)

Mark Pincus and Bing Gordon on Internet entrepreneurship

Really interesting presentation at Stanford by Zynga founder Mark Pincus and former Electronic Arts COO Bing Gordon. Highlights available in shorter clips at Stanford


Themes for 2010 and interesting links

The Big Picture: The Economy's Lost Decade. Eye-opening data on US job growth, GDP growth and household net worth in the last decade. A horrible decade if you look at underlying growth.

Paul Kedrosky: Playing "What If" With $10,000 From 12/31/1999 to Today. Gold, raw materials and treasuries did well in the last decade, U.S. stocks and venture capital did not.

VentureBeat: How Jajah, a little phone company, sold for $207M while everyone else got killed. Somewhat of a post-mortem (some success factors and key events) on VOIP company Jajah's life as a startup from launch to being acquired by Telefonica.

VentureBeat: Hulu?s success stats: 43 million users, 924 million streams, 14,000 hours of TV. Online video is growing quickly as TV shows are going online. Hulu is an obvious U.S. example, but local Swedish ones (TV4, Kanal5, TV3, SVT) are growing quickly too.

Fred Wilson: Areas of Interest. Union Square Ventures' areas of interest for 2010: Mobile, Mobile What?, Gaming, New forms of commerce and currency, Cloud based platforms and APIs, Education and the Energy/Environment.

Fred Destin: Investment and innovation themes from the Defrag conference. Making e-mail better, Making lifestreams relevant, Measuring and monetizing influence, Extranets, Selling data, Meaning is the new search, Breaking up the corporate IT environment, Education, Application Marketplaces, Identity Metasystems.

Chris Dixon: Why the web economy will continue growing rapidly. "Right now there are lots of inhibitors to brand advertising dollars flowing onto the web. Among them 1) most of the brand dollars are controlled by ad agencies, who seem far more comfortable with traditional media channels, 2) it is hard to know where your online advertising is appearing and whether it is effective, 3) banner ads seem extremely ineffective and are often poorly targeted, 4) big brand advertisers seem scared of user-generated content, today?s major source of ad inventory growth.

But economic logic suggests these problems will be figured out, because advertisers have no choice but to go where the consumers are."

On Playahead closing and Facebook's willingness to change

The Swedish community Playahead, which was acquired for 102 million SEK in early 2007 (sv), will be closed down this spring (sv). Obviously Facebook's success has eaten into Playahead, but one should not forget Bilddagboken's impact.

In this context it is worth reflecting on Mark Zuckerberg's willingness to make changes to core parts of Facebook's user experience (news feed, privacy settings etc) about once a year. If one is not willing to change a social service, it will die sooner rather than later.


Google revenue up 17 % in Q4 2009

Google's growth of 17 % to $6.67 billion in Q4 2009 is highly impressive in a slow growth economy.


How to think about Google

Chris Dixon: What's strategic for Google? "Google makes 99% of their revenue selling text ads for things like airplane tickets, dvd players, and malpractice lawyers. A project is strategic for Google if it affects what sits between the person clicking on an ad and the company paying for the ad. Here is my rough breakdown of the "layers in the stack" between humans and the money:

Human - device ? OS ? browser ? bandwidth ? websites - ads ? ad tech ? relationship to advertiser ? $$$

At each layer, Google either wants to dominate it or commoditize it." Read the entire post.