My friend Howard has a nice post up on the community that will develop around financial bloggers/readers.

Community

Howard mentions three tools that will help the online financial-heads form a community - MyBlogLog, coComment, and Feedburner.

It’s interesting to note that it was these three apps’ efforts to nurture community that started me thinking about what I want in a community.

Specifically, I’ve been thinking of, currently, MyBlogLog and coComment as community catalysts.

Here are some thoughts:

- It feels like, initially, the communities are forming around ones that existed outside of the application. Specifically, communities that developed around our personal digital identities. Does nurturing a community away from its birthplace bring value?

- These apps have individual features that help germinate community, but a nice feature doesn’t create a great product. I suspect the long-term value of these services won’t be that they’re the centre of a community; rather, the value will be the catalyst they provide in creating a community and the data they collect for that existing community.

- It’s interesting to observe the convergence of feature sets. Personalization, organizing conversations, discovery, … are standard catalysts of community. It’s a fun thought experiment to think about strategy for these catalysts with a focus on network effects and social networks.

Community Church


COMMENTS / 9 COMMENTS

[…] I woke up early and can’t go back to sleep, so I guess I’ll finish my thoughts on a very interesting subject- the possible blogging/social networking merger. Blogging and social networking certainly have similarities- they involve connecting people with each other in a large way. I’ve had this topic in a draft form for a couple days, but Fred Wilson’s “Adding Community to the Comments” post at A VC prompted me to finish my thoughts. The post talked about how mybloglog has enabled comment integration to your MBL community page so that a blogger can identify who is commenting on their blog. The MBL integration allows you to quickly go check that person’s own mbl community page and find out more about them. Check here to find out the sites that are already using the new functionality. In the comments of this post, Eric from MyBlogLog says the following-  […]

Blogging - Will it Merge with Social Networking Completely? » Personal Insights on Web 2.0, Blogging, and Business added these pithy words on Aug 25 06 at 8:50 am

[…] Until you can build a community of you (think: life) the real benefit of our digital extension won’t be fully obtainable. Community catalysts are filling this void. Offering a range of features, MyBlogLog, a leading community catalyst, is bringing the promise of community to individual blogs. This is huge. It’ll be “bigger than the Beatles and bigger than breast implants“. Really. […]

MyBlogLog: Community Catalyst (or, Planting The Seeds Of A Disruptive Thoughts Community) at Disruptive Thoughts added these pithy words on Aug 28 06 at 11:44 pm

[…] Another story: my interest in MyBlogLog shortly after it’s launch. I posted about MBL twice, but thoughts extended well beyond the posts. […]

Dreams for MyBlogLog and My Continued Cheerleading for Yahoo at Disruptive Thoughts added these pithy words on Jan 09 07 at 11:11 pm

Fraser — I think you make some very prescient observations about online communities. In fact, you have described many of the core principles that drive MyBlogLog. We are not trying to be the center of your community — that’s what your blog is for. We’re trying to find ways to bring you and your readers closer together. Step one is making everyone aware of each other; step two can be any of the three services you mention — discovery, personaliztion or communication. But it all has to center around the passionate readers that are waiting to connect around a given blog. The concept of potential energy comes to mind.

Eric Marcoullier added these pithy words on Aug 15 06 at 5:30 pm

Hi Eric, thanks for taking the time to share the vision of MBL. It’s an interesting tool that does add value to the communities that I’m part of. I’m excited to watch where you guys take the service. I’m not sure if the second step needs to be any single one of the three services. Doesn’t it make sense to offer the services/features that are valued and help achieve the goal of bringing you and your readers closer together? Nice analogy w/ potential energy by the way.

Fraser added these pithy words on Aug 15 06 at 6:46 pm

Fraser — I think you make some very prescient observations about online communities. In fact, you have described many of the core principles that drive MyBlogLog. We are not trying to be the center of your community — that’s what your blog is for. We’re trying to find ways to bring you and your readers closer together. Step one is making everyone aware of each other; step two can be any of the three services you mention — discovery, personaliztion or communication. But it all has to center around the passionate readers that are waiting to connect around a given blog. The concept of potential energy comes to mind.

Eric Marcoullier added these pithy words on Aug 15 06 at 9:30 pm

Hi Eric, thanks for taking the time to share the vision of MBL. It’s an interesting tool that does add value to the communities that I’m part of. I’m excited to watch where you guys take the service.

I’m not sure if the second step needs to be any single one of the three services. Doesn’t it make sense to offer the services/features that are valued and help achieve the goal of bringing you and your readers closer together?

Nice analogy w/ potential energy by the way.

Fraser added these pithy words on Aug 15 06 at 10:46 pm

We’re in complete agreement — when I say the Step Two can be “discovery, personalization or communication,” I mean just that. It’s unique for each reader. Some will want to learn about new links and sites, others will want to make their own profiles exciting and still others will want to connect with fellow readers. We have to make all of those options available and let the reader decide how they want to act. But it’s all built on a foundation of awareness of other readers.

Eric Marcoullier added these pithy words on Aug 23 06 at 5:51 am

We’re in complete agreement — when I say the Step Two can be “discovery, personalization or communication,” I mean just that. It’s unique for each reader. Some will want to learn about new links and sites, others will want to make their own profiles exciting and still others will want to connect with fellow readers. We have to make all of those options available and let the reader decide how they want to act. But it’s all built on a foundation of awareness of other readers.

Eric Marcoullier added these pithy words on Aug 23 06 at 9:51 am

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Community Catalysts (or, Thinking About Community Cont’d)

Welcome to the conversation.

Hi, I'm Fraser and this is my personal site where I write about the things I'm interested in: start-up strategy, the web, music, and life.

My days are spent commercializing emerging technologies. Currently I'm helping to deliver the promise of semantic web to the consumer market at AdaptiveBlue. Previously I was at Trivaris, a Canadian seed stage investment firm.

I am a co-founder of Innovation Night, a community driven event supporting entrepreneurship in Canadian and US cities.

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