Jun
2
419 fraud from Alex de Carvalho, UK Holiday Inn Hotels, Kensington Forum
Filed Under Miscellaneous | View Comments
It turns out someone has been sending out employment offers around the world promising a job at the Holiday Inn Kensington Forum in the UK. The letters are signed “Alex de Carvalho”.
For the record, I am not the Alex de Carvalho in question. I do not work for the Holiday Inn, I do not live in the UK, and I am not related to the person who is sending out these letters.
This 419 scam has been documented at the following links:
http://www.fraudwatchers.org/forums/showthread.php?t=36023
http://www.419scam.org/emails/2010–02/14/01009521.29.htm
For more information on what a 419 scams and advance-fee frauds, see the following: http://www.419eater.com/ and http://en.wikipedia.org/wiki/Advance-fee_fraud
And that’s just the way the cookie crumbles.
UPDATE: There’s a good thread on Yahoo! Answers about this: http://uk.answers.yahoo.com/question/index?qid=20100601231817AAml806
You may also contact the hotel directly:
LONDON KENSINGTON FORUM
97 CROMWELL ROAD
LONDON SW7 4DN
ENGLAND
Hotel Front Desk: +44–871-9429100
Hotel Fax: +44–20-73731448
Apr
2
Table of contents for Keys to Implementing Social Media series
- Implementing social media: the adoption matrix
- Implementing social media: brand monitoring
tl;dr: So you’ve been tasked with “tackling” social media for your organization: now what? At the EyeForPharma eMarketing Summit 2010 in Berlin, I presented “5 Keys to Implementing Social Media,” a framework to help you define your organization’s social media activity. This post summarizes the first key, monitoring your brand online. As a disclaimer, I am the co-founder of a brand monitoring service for the life sciences industry.
If markets are conversations …
“Any savvy party goer knows to listen before jumping into a conversation at a cocktail party.” -Jeremiah Owyang, Partner, Altimeter Group
“There’s no tagline” to conversations, according to the Cluetrain Manifesto: “For thousands of years, we knew exactly what markets were: conversations between people who sought out others who shared the same interests. Buyers had as much to say as sellers. They spoke directly to each other without the filter of media, the artifice of positioning statements, the arrogance of advertising, or the shading of public relations.”
All sellers and brands may not be fully aware yet (see the social media adoption matrix) but their consumers sure are talking about them. Whether you believe these interactions should be called “conversations” or “self-publishing,” research by Penn State University found that “20 percent of all tweets—or one out of every five updates—mention specific brand names or products.” As for the value of these tweets? “There’s room to glean qualitative analysis about brand perception and affinity from them, at least.” -Jim Jansen, Penn State (and some “Companies court tweeters and bloggers”).
A large proportion of these conversations are related to health. According to Pew Internet, 61% of American adults look online for health information (June 2009).
Fully 42% of all adults, or 60% of e-patients, say they or someone they know has been helped by following medical advice or health information found on the internet.
In Germany alone, “there are more than 100 health-related search queries per second,” according to Jens Monsees from Google, citing 2010 search stats at EyeForPharma in Berlin.
… are you listening?
According to Jeremiah Owyang, “In the social media communications lifecycle [pictured above], companies often fail to listen .… One of the biggest problems for [online] communicators today, just like a real conversation, is learning to listen.”
For example, do you know:
- Whether your clients and consumers are mentioning your brands, products, and service experiences?
- What are physicians discussing online, and who’s becoming influential?
- How do patients feel about your brand?
- Is the medical content accurate?
- Is your promotional activity effective?
- In what context are your brands mentioned?
By becoming aware of your online mentions throughout social media sites and platforms (see the conversation prism), you will effectively and quickly gain new insights, to:
- Understand your customers and your community
- See how and where your brands are mentioned
- Pinpoint customer satisfaction issues
- Find out what really concerns physicians and patients
- What and where is the false information?
- How are competing brands perceived?
Social media monitoring tools help keep your team organized and on top of market trends. For example, like a canary in the coal mine, online mentions of Avandia were clearly multiplying preceding the announcement of the drug’s recall. On a more positive note, the buzz on Herceptin increased five folds following publication in Europe’s Lancet about positive results clinical trials for Herceptin, a part of the chemotherapy regimen for HER2 protein positive breast cancer (The Lancet, 2002). However, some physicians and patients had allegedly been using Herceptin treatment before chemotherapy, to reduce the size of lumps in HER-2 positive patients, and sharing their experiences online. After recent clinical trials were performed, these proved the drug did indeed improve progression-free survival before starting the chemotherapy regimen (The Lancet, January 2010).
That’s all very well, but how does one keep track of online mentions?
Brand monitoring platforms
There’s a growing category of Software as a Service called brand monitoring, with a number of systems that work to collect and analyze the online buzz about your brand and the key words that matter to you. Rather than conducting daily manual searches through blog search engines, these systems are convenient when you need to perform the following activities:
- Pull mentions from blogs, videos, medical resources and forums, patient and physician social networks;
- Track specific topics, drugs, disease, therapeutic areas;
- Graphically display daily mentions, rolling averages;
- Conduct sentiment analysis and other types of data mining;
- Create automatic alerts for unusual or increased online mentions activity;
- Filter out low-value or irrelevant mentions;
- Delegate mentions for further action by your team;
- Ticket mentions to keep track of issue resolution and problem solving;
- Annotate and archive mentions for record keeping and future retrieval;
- Export weekly, monthly, or quarterly internal reports;
- Post responses on social sites like Twitter;
- and more.
Your social media business case and resource allocation
When considering social media for your organization, there are few steps as important as understanding where you fit in the conversation online. Social media monitoring allows you to more effectively manage your reputation, track your competitors, and monitor market trends. As a side benefit, what you find out in terms of the quality, volume, and scope of mentions online regarding your key terms will help you create the business case for social media adoption (or not) by your organization, and determine the resources you will require.
If you are interested in the “5 Keys to Social Media Implementation” and the “Social Media Adoption Matrix”, please see the full deck on Slideshare:

Mar
31
Table of contents for Keys to Implementing Social Media series
- Implementing social media: the adoption matrix
- Implementing social media: brand monitoring
tl;dr: First post in a series summarizing the “5 Keys to Implementing Social Media” presentation, starting with “The Social Media Adoption Matrix“
Checkpoint Charlie, Berlin, and the pharma industry
The recent EyeForPharma eMarketing Summit 2010 was held in Berlin, a fitting place to talk about social media for the pharmaceutical industry. The Mauer Museum at Checkpoint Charlie exhibits the many ways civilians and soldiers attempted to escape from East Berlin. By air, land and sea, people tried to cross the border by every conceivable method, including light aircraft, balloons, ziplines, hidden compartments in cars, underwater propulsion, and so on. Their imaginations were limitless in breaking down that great barrier to communication, the Berlin Wall.
This was my second visit to Berlin; I love the energy and creativity with which the city reinvents itself, as it distances itself from the past. Pharmaceutical firms and regulatory agencies must also reinvent their communications practices as quicker and easier to use tools allow physicians and patients to publish to vast audiences online.
The Social Media Adoption Matrix
At the EyeForPharma conference, I presented “5 Keys to Implementing Social Media.” If you’ve been tasked with looking into social media for your company, this is a suggested framework to help you define the business case and strategy, determine resource requirements and allocation, and set internal controls and performance metrics.

Let’s start with the adoption matrix. In short, it’s a representation on how active your company and your customers are in conversations online. The horizontal axis plots how engaged your customers are about your company and related products and services; the vertical axis plots how aware your company is of the social media activity surrounding your brand, products, services, competitors, and industry. In other words, are people talking, and where do you fit in the conversation?
First quadrant: The Marketing Neanderthal
Neanderthals and modern humans were contemporaneous species, co-existing with Cro-Magnon in Europe for about 10,000 years. Despite their larger physical size and brains, Neanderthals are believed to have expired due to behavioral and cultural traits not shared by their more successful rivals.
Are your company’s marketing efforts floundering while your competitors achieve milestones online? Are you aware of your customer’s online conversations about you, if they exist? If your community is not active, do you understand the trade offs you’re making?
Most hospitals (some exceptions here: Hospital Social Network List) and educational institutions fit in this quadrant, with neither the interest nor resources to devote to researching how to develop and connect with their community online. However, they are meaningful spaces which are potentially rich with conversations.
Second quadrant: The Wise Monkeys
So you suspect your customers are engaged in conversations about your brand, products, services, or customer service online, but you’d rather turn a blind eye? Maybe only Apple can get away with that, and only while their products rock. At least they no longer sue leakers. But Internet bastions Google and Amazon paid their dues recently. Motrin too.
What about Nestlé, who was absent from the conversation, and then showed snark? Here’s a summary, from imediaconnection:
Now, by all accounts it was Greenpeace that “started it” – with the creation of a snarky viral video (more on that in a moment). Then, enter Nestle legal claiming trademark infringement and asking that the video be taken down. This resulted in a fairly coordinated protest (some have called it attack) on Nestle’s Fan Page. Then, Nestle certainly didn’t do itself any favors – with a few ham fisted responses. Helpful Safety Tip to every corporate PR / Social Media Manager: deleting comments, or whipping out the “copyright/intellectual property” justifications are the social media equivalent of “let them eat cake”.
But, here’s the interesting part, whether you believe them or not, Nestle did respond to the Greenpeace report by “assuring” everyone that they will not use Palm Oil produced by the vendor that Greenpeace is asserting. Why they aren’t doing this more vociferously on their Facebook Fan Page is something of a mystery. Greenpeace then responded that their concessions “don’t go nearly far enough”.
Their conclusion is stunning:
But I wonder if, after a few more of these types of storms, we won’t see corporate brands tighten up and kill off some of the social media channels. One thing I do know (and I’m not saying this about the Nestle case in particular) is that as practitioners we are going to have to start to call bullshit on the mob as often as we do the mobbed. Just because they’re outside some company’s walls with pitchforks doesn’t mean they’re right. Or does it?
You guessed it: corporate Wise Monkeys see no evil, hear no evil, and speak no evil. Check off quadrant two of the social media adoption matrix.
Third quadrant: The Prisoner; The Thinker
Ok, so you know there’s something going on, and that you might tap into the potential of finding or developing or connecting with your community online. Unfortunately, you’re held in check, a Prisoner to your company’s restrictive policies, perhaps set in place by an overzealous legal department.
For instance, how many institutions block everyone from Facebook, like the high school I graduated from (many eons ago)? Not even the school’s administration is allowed access the platform that their students are so obviously using during the schoolday on their iPhones. Or what about Lehman Toyota, where I had my car serviced last weekend? I had many hours to spare while I waited, so I brought my laptop. The dealer had three locked wi-fi systems and informed me and another customer that access was indeed restricted. Graciously, a manager offered to hook us into landlines.
To their credit, AstraZeneca is trying out different social media platforms. The Nexium Facebook page and their AZHelps Twitter account are still a far cry from community management. Of course, part of the blame sits with the FDA (see this), which has not set out social media policies for the pharmaceutical industry.
“Thank you for all the recent comments! We are in the process of reviewing and posting them. We’ll have some new discussion topics shortly and in the coming weeks.” -Nexium on Facebook
The Thinker, on the other hand, suffers from paralysis by analysis, reading a lot about social media and attending conferences, yet not taking actionnable steps. 5 Keys to Social Media outlines a clear roadmap for implementation. Which companies are over-rationalizing social media? Here’s an interesting post comparing Ford (which “gets it”) with Chrysler. There’s a lot of room for improvement, there.
Fourth quadrant: The Pioneer
Many brands across many industries are actively engaging their community online. Kudos for taking the lead and showing the way for others to follow, and case studies abound highlighting emergent best practices. Mashable and ReadWriteWeb are good places to start for regular coverage of social media successes and failures by big brands and small.
Where does your organization fit on the adoption matrix? And where do you fit?
A warm word of thanks to Brett Petersel for retweeting (@brett) this presentation many times, driving it to thousands of views in under a week. The full deck is on Slideshare:

Mar
15
Only a fraction of business financing comes from Sand Hill Road. Yet entrepreneurs still obsess over traditional big meeting/big money Silicon Valley venture capital. This heated panel debates what types of companies actually benefit from VC and reviews concrete examples of alternatives to traditional venture capital.
Presenters
| |
Mitch Lasky Benchmark Capital |
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Mike Trotzke SproutBox |
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Jolie O’Dell ReadWriteWeb |
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Dave Mcclure 500 Hats |
Chris Wanstrath, founder of GitHub
Session:
To get funded at the Powerpoint stage, you probably need to have a track record with VCs. Otherwise you’ll need a functioning prototype or more, like paying customers.
There are companies that shouldn’t be raising venture capital, and there are many that aren’t going to get funded because demand far outstrips supply. When you build a business, venture capital should be a second order consideration. Build a solid business first and think about venture capital second … your business should not be about raising the money. On the other hand,there are companies that do require venture funding, because they do need to get the servers and bandwidth and employees to be able to scale.
“Don’t write business plans. It’s a f*ing waste of time” –Mcclure. For Dave, the trust filter is the most important, and he only considers startups who have references in common.
Wanstrath did not take Venture Capital for Github. It did take a lot of money to set the company up, but they found other ways, including friends and family. They made a lot of business deals for servers, maxed out credit cards and borrowed money and generally did whatever it took. They did not feel a $10 million valuation was fair when they were profitable making $1 million in revenues. They certainly did not want to take on a VC that was going to start setting their direction.
Lasky sees a lot of great companies that are not good venture investments, because the return profile does not fit the time or ratios that VCs are looking for. For example, a $500 million fund will invest in 30 to 40 companies and are looking at 3X return on capital in 10 years. So they’re looking for $250 million exit for all companies, or $750 million with a 2/3 failure rate. Smaller VCs with funds under $100 million can tolerate smaller exits. An example would be Mint, which is a company that did need venture backing.
Huge exits are not the median scenario by any means and the venture capital game has a huge corrupting effect on startups. A better approach is to build a cool business and then things will happen. For most businesses, the core product can be built by two people in eight to ten months. This means a $50k to $100k investment, which is not VC; it’s personal savings and friends and family. The crucial seed phase is $250k to $1 million, where it’s really hard to bootstrap to that size. The best thing to do is to look at VCs with funds under $100M.
The average Techstars deal is investing $15k to $30k for about a 7% to 10% stake on a $300k valuation — but they bring huge value in their mentorship model. However, this is good for students out of college, because they have no savings.
The typical scenario is taking a 20% to 40% dilution when funding through VCs, and probably more.
There are plenty of lifestyle businesses online where the founders can make $1 million to $2 million per year and live happily ever after without having a big exit plan.
When pitching venture capital, you have to sift through the good, the bad, and the criminally negligent. Weird term sheets, dishonesty, etc., are the pitfalls to watch out for. Venture capitalists fund the expansion of the business in anticipation of upcoming revenues. The idea is not to figure out new ways of spending the business; the fundamental concept is to spend the money in ways that grow the business. VCs are willing to fail, whereas banks are not.
What are the alternatives to VC funding? What do you do if your friends and family are broke?
The important thing about alternatives is that there is no industry based around bootstrapping, like there is around venture capital. First, figure out what you need and then start cutting. Do you need PR? Do you need an office? What can you do away with? After that, figure out where you can get the money from. Taking money from parents or going into debt is a big deal in case of failure.
A realistic alternative to bootstrapping is raising $100k to $2 million for up to 20% of the company, with an exit at $10 million.
Q&A:
European entrepreneurs a decade ago were pissed off about how difficult it was to raise money, because of hugh risk aversion. The American model of risk is migrating over and things seem to be getting better for European startups.
Customer financing with upfront discounts, customer receivable financing or factoring, asset-backed leasing are some other alternative strategies to help manage the cash flow and offset the need for fundraising.
Wanstrath would not bootstrap a consumer web company or a consumer app.
Wanstrath advises opening up as many different revenue streams as possible. Offer people many different plans and ways to pay you for your services.
For Lasky, the difference in being there six months early meant a $400 million advantage in valuation over the second mover in his market.
The venture capital industry has to contract. There are too many firms with very mediocre results. Part of the reason is there are more mature companies doing deals earlier.
If you have 20% equity in your startup and are looking for a $10 million payout, then your sweet spot for exit must be around $50 to $75 million.

Mar
14
SXSW Live blogging: ER 2.0
Filed Under Social media | View Comments
This is a live post from a SXSW roundtable on ER 2.0, March 14th, 2010
Hospitals and health care providers are slowly but surely using new media and social networking software for some of their primary objectives–treatment, research, education and outreach, and patient-provider communication. This presentation will feature best practices from case studies and prescribe future uses of new media in public health.
| |
Ed Bennett University of Maryland Medical Center |
| |
Aimee Roundtree University of Houston-Downtown |
Also panelling is Jen McCabe of Contagion Health.
How does this technology complicate HIPAA compliance?
There’s a saying: “Don’t say no, just say HIPAA.” There’s a lot of fear and trepidation around what might happen, but best practices are emerging from those providers who are experimenting first. For example, some have written commenting policies that protect them, and so on.
The involvement in physicians in the social space is disappointing. They have a disinclination toward transparency because of the traditional patient — physician relationship that has been ingrained since medical school.
Why are hospitals so slow to adopt social media?
Crossing into the space where patients have direct online interaction with their physician is still a long way away, because of security issues. However, when dealing with hospitals, it is a matter of showing them how much good is possible by using social technologies. We don’t remunerate doctors for interacting with patients in this way. Also, we are legally bound by regulatory bodies, and these social channels must comply with regulations as well. Twitter feeds are admissible in court.
One of the heaviest “things” to move is human resources. For example, the question of who is the person or people who are going to address “the tidal wave” of coming complaints.
The real-world experience is that 99% of comments are positive or neutral, and there are very few complaints: “the unexpected outcomes of social media for hospitals will be positive, because we’ve anticipated all the negatives” — Lee Aase, Mayo Clinic. Monitoring is the first step to understand how much is negative, how much is positive, where are the reported variances, and who is doing the talking. One of the most efficient means of communicating is to attach a face to an institution, and to add 10% to 20% personal tweeting into these accounts. Examples are Scott Monty of Ford and Frank Eliason of Comcast. By the way, it’s great to get negative feedback, because that highlights what needs to be changed. Liability poisons the environment, but fewer lawsuits arise when people treat people like people, rather than withholding information.
What are victim’s rights online?
The place to start for patient advocates is with systemic advocacy for patient rights in general, so people start to trust you over time on a case by case basis.
What are the agents of change in hospitals and who should we work with?
Understand who holds the budgets and who is involved with patient care. Understand their community engagement strategies in the real world and show them parallels online. However, understand also that it is too early to prove that social media changes behavior, so it’s challenging to legitimize these tools.
What about compatibility with hospital systems?
Hospitals use lots of systems that don’t talk to each other. Some hospitals are blocking Facebook access, for instance, whereas patients are using Facebook to talk about the hospital. The implementation of EMR is addressing this to an extent and driving a change in behavior. Vendors need to adopt open source standards and look at innovations like microsyntax and HL7 from MIT.
What about communicating with patients through mobile devices, particularly for improving the customer service experience? By the way, hospitals provide the most opaque and worst customer service experiences.
Some hospitals and surgeons are using Twitter to provide updates during an operation, after waivers are signed. This way patients’ families can be kept up to date during the hours of waiting. It’s a small but important step in customer satisfaction.
In Africa and the Philippines, social media adoption is increasing because social tools are the most inexpensive to use for communications, compared to legacy or traditional systems.
The developing world is driving innovation out of need. Maybe the answer in developed nations is to identify organizations like freelancer’s union, irobot, and others, that have an incentive to disrupt the healthcare system. Just build really awesome stuff and you will start to see behavior change and integration.
We already have a well developed social media strategy, but our challenge now is to get the physicians engaged. Is this even possible?
Hire for that. Find physicians that are already blogging. Find a leader that sets the example. Find someone that others will follow.
What about crisis communications?
If as an institution you start to communicate and to tweet, then you start to become the source of truth (rather than the media or someone else). Go through @swhealthcare’s Twitter account to understand how they responded to crisis.
One of the best ways to drive change is to demand it as the healthcare consumers we all are.
What tools are missing? What are the new trends?
One big trend is curation of health information, which is growing at an astronomical rate. Demand will never match supply, so curation is absolutely key.

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