This post originally appeared on Badger Engineers.
My company Spinback was recently acquired by Buddy Media, the largest Facebook Management Company in the world. It’s clear that my four years studying in the Wisconsin College of Engineering has played a role in that acquisition.
At the core, I’d argue that an engineering, math, or science related degree is the single best degree or use of four years in an undergraduate program, especially a program at UW – Madison. In my years in the COE, I obtained a certain skill set that has helped me succeed during and after school, and in the various businesses I was involved with including Spinback. I’m not talking about skills like designing a circuit or solving for a system of equations. I’m talking about the cliché skills we always hear about but disregard as obvious and too … Read More »
Now that the dust has settled a bit and the acquisition is done, I wanted to talk a little bit about Dogpatch Labs NYC and the role they played in Spinback.
For the past few months the Spinback team has been working out of a union square loft in NYC hosted by Polaris Ventures. We have been working alongside 15 – 20 other impressive and humbling startups all of which are building truly unique businesses. Every day, we had the opportunity to walk around to other startups and engage in conversation on a variety of topics that affected our business. We were able to get real time feedback on specific topics from unique perspectives. For example, a custom commerce startup gave us feedback on our EasyShare design and sharing process. A real-time group messaging platform gave us insights to different marketing … Read More »
As the news says, today my partners and I over at Spinback are pleased to announce that we’ve been acquired by Buddy Media, the Facebook management system of choice for eight out of the ten top global advertisers.
When we started Spinback the goal was to build the most cutting edge technology that would facilitate conversations and sharing of products. More importantly, we wanted this technology to also track how word of mouth marketing affects new sales and new customer acquisition.
Now as a part of Buddy Media, we will have all the tools and infrastructure necessary to accelerate our collective mission which is ultimately about leveraging this new social web in new and interesting ways for leading companies around the world.
We are really excited to begin the next chapter and I’ll leave the rest of the details to Buddy Media.
“On to the … Read More »
As we continue to build our business at spinback we continue to engage in a number of very interesting conversations on the topic of product recommendations and sharing. Jared Spiegel, a friend of mine and someone who is currently participating in the Brooklyn Law Incubation Program (BLIP), made the following point that I thought really highlights the core of why product sharing is so valuable. His point is this:
Suppose you are interested in purchasing a new bike. The single most important thing that you are looking for is durability and reliability. That is, you don’t care about looks, design, or wheel style – what you do care about is the frequency of repair. As a reasonable and sensible person, you consult Consumer Reports and learn that the bike with the best repair record is clearly a Schwinn. … Read More »
Image by Stuck in Customs via Flickr
As of today, I’ll be leaving the Lotame family to pursue a new endeavor called Spinback.com.
Like all hard decisions, this one was not easy but here’s the story:
When I first started Lotame I was in the midst of building a business called TheCampusAtlas.com with three of my engineering buddies from school. But through a coincidental encounter at Mount Snow I met Andy Monfried who was also in the midst of starting a new business called Lotame. At the time I wasn’t quite sure what to do. We had already launched on 5 schools and had about 10 more on deck. So the question was, do I pick up the dice on Campus Atlas and join Andy’s new business? Or do I ride out the true startup wave with my friends and see where the … Read More »