Feb 1, 2008
About the Author and This Blog
(The New Economics of Advertising)
I am an economics major from MIT with two of the first macro-economic models for forecasting the national economy.
As a technology entrepreneur with an MBA from Stanford, I span:
- time sharing on mainframes;
- the invention of spreadsheets on personal computers;
- the first GUI for an accounting system and sharing those innovations with Macintosh user groups;
- first ad-supported vertical supersites on the Internet;
- social networking for writers and publishers;
- mentor to dozens of China entrepreneurs; and
- ad-supported real communities at local hotspots.
The New Economics of Advertising
Through these ventures, I have worked with hundreds of magazine, book, and newspaper publishers - as well as online publishers.
Advertising is changing rapidly. Those partners are struggling with the increasingly complex technologies that define the advertising economics. Even for experts, keeping up with developments is like the old adage, "Blind men touching an elephant." However, I personally enjoy the challenge to learn.
This forum uses a macro-economic framework for shared reporting on the events and trends impacting new media advertising. This includes reports of traditional media as they extend their reach to incorporate the many new technologies that impact advertising.
As I meet experts, I will be writing about those lessons and asking you to participate online. Together, we shall control this elephant, the new advertising economics.