In just a few short months, the value of a Twitter user has gone up over 1,200 percent, according to completely arbitrary and illogical calculations. I initially pegged it at around $1 based on the value buyers were willing to pay for Andrew Baron's Twitter account at auction. When Twitter received $15 million in funding, it worked out to around $7.50 per user. Looking at potential revenues, advertising strategist Ben Kunz pegs it at $12.26, based on 2.3 million users, industry averages for cost-per-click ad revenue, and ten ads per user per day. Of course, since Twitter CEO Jack Dorsey has declared Twitter.com an ad-free zone, and many Twitter users get messages by means other than the site, the actual revenue-per-user number hovers under zero.
In this corner, Andrew Baron, cofounder of hot videoblog mess Rocketboom, challenging Mahalo founder and incumbent blowhard champeen Jason Calacanis. Baron lands the first blow, citing Mahalo's "flat" traffic. Calacanis counters with some trash talk and then a body blow to Baron's privileged upbringing. Baron complains to the ref that the "trust-fund baby" charges were below the belt. Meanwhile, Calacanis argues with the judges that Baron shouldn't get the point on the Mahalo traffic jab. After the jump, the action continues.
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Latest by emnem: @Dogzilla22:
That is fucking hilarious.
"mah peeps gonna pimp it 'round, yo. mah peeps dey PIMP dat ho!"
Jason, shouldn't you be writing more »
What do Rocketboom's Andrew Baron and John Edwards's fling Rielle Hunter have in common? They're both videobloggers who live off of trial lawyer Fred Baron's largesse. Financing from Fred, Andrew's dad, got Andrew's Rocketboom videoblog off the ground. Add to that his contributions to the Edwards campaign, including paying to move Hunter to a new home in Santa Barbara, away from the limelight. And most damningly, Baron Sr. may have arranged for Baron Jr. to do video work for the Edwards campaign — simultaneously boosting his favored candidate and his son's business.
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Here's a story far more interesting than anything you'll watch on YouTube: A prodigal scion of a wealthy family, pitted against his powerful father and an ambitious blonde. It's not a pilot for a new courtroom procedural — it's the tale of Andrew Baron's Rocketboom, an online-video startup held up, inexplicably, as an example of the potential of the medium. Sony's seven-figure deal to distribute Rocketboom is seen by some as evidence that the industry is growing up. But what it really tells us is that having access to a credit line backed by Daddy is as sure a recipe for success online as it was in the old Hollywood. The exciting plot twist: Baron's father was not always happy about the arrangement. We've only learned how daddy-dependent Rocketboom was because Fred Baron loaned his son's company a total of $810,300.40, and then took it to court in order to force repayment last year. If you think it's strange for a father to go after his own son's company in court, then you don't know the elder Baron.
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Rocketboom founder Andrew Baron, who didn't invent the Internet, video, or Internet video, but did prove back in 2006 that its possible to become Internet famous with quick, quirky edits and a pretty girl's face, has announced a "seven-figure" distribution deal with Sony, TechCrunch reports, confirming a rumor we floated earlier this summer. Sony will distribute Baron's show over its PS3 videogame consoles, PlayStation Portables, and Bravia I-Link TVs.
HEARST TOWER, NEW YORK — Far from the sweaty, screaming fans that attended Digg's Brooklyn meetup Wednesday night, the suits of the Alley and Valley gathered last night on the top-most floor of the Hearst Tower for another Founders Club party to celebrate each others' transcendent splendor. All night, giant screens at either end of the party played clips from Citizen Kane, the barely fictionalized biopic based on the life of Hearst Corp.'s own founder, William Randolph Hearst. There wasn't a Hearst in the crowd, but there were those who aspire to be him. Blog moguls like PaidContent's Rafat Ali, Gawker Media's Nick Denton and AlleyCorp's Henry Blodget mingled. New Gifts.com CEO Jason Rapp attended, as did Digg cofounders Kevin Rose and Jay Adelson. Facebook CEO Mark Zuckerberg's mentor, Valley bad boy Sean Parker, was rumored to be in the crowd as well. Jimmy Wales, cofounder of the world's most comprehensive list of William Randolph Heart's angry responses to Citizen Kane, attended with Andrea Weckerle on his arm. Photos below.
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