AdGrok Is Going To @JoinTheFlock
May 31st, 2011 by Matthew
We’re happy to announce that Twitter has acquired the AdGrok team. Starting today, we will be working full-time on Twitter’s revenue engineering team. AdGrok and Twitter? When Twitter approached us and asked if we’d be interested in working on their monetization platform, we realized that this was a once-in-a-lifetime opportunity that we just couldn’t pass [...]
Startup Economics 101, or, How Long Until We’re Dead?
March 21st, 2011 by Antonio
Depend upon it Sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully. – Samuel Johnson, in Boswell’s Life of Johnson So you managed to build a prototype, you’ve gotten some traction, and some credulous soul now wants to write you a check to bankroll your startup. [...]
The E-commerce Store of Babel
March 15th, 2011 by Antonio
In Jorge Luís Borges’ classic story, The Library of Babel, the narrator describes a vast library, housed in a maze of interlocking hexagonal rooms, containing a copy of every possible 410-page book. Literally every novel-length combination of letters, spaces, and punctuation fills its shelves. Nonsensical gibberish occupies shelf space next to humanity’s greatest literary works, [...]
Grok-o-matic: Creating Massive AdWords Campaigns In Minutes
March 7th, 2011 by Argyris
AdWords At Scale Is A Pain Anyone who runs an e-commerce site can tell you how painful it is to run an effective search engine marketing campaign. For example, let’s take a look at two of our users: Debra Torres, a Cuban wedding shirt store, and Melondipity, a shop for baby clothes. Both of these [...]
We’re launching!
March 7th, 2011 by Antonio
3…2…1… Today, AdGrok emerges from the extended adolescence of beta, into the full-fledged manhood of a paid, production app.1 At the threat of coming off a bit Sally-Fields-at-the-Oscars, we’d like to thank the over 300 advertisers, large and small, who took AdGrok for a spin and gave us their feedback. Interacting with users [...]
Startups and the art of motorcycle maintenance
November 29th, 2010 by Antonio
Faster, faster, faster, until the thrill of speed overcomes the fear of death. -Hunter S. Thompson An imprudent lark Recently I had the pleasure of an ill-advised midnight ride on the back of a friend’s BMW R850R motorcycle. I was riding in the back of course; I don’t think my general state of inebriation made [...]
Men and women wanted for hazardous journey.
November 26th, 2010 by admin
Low wages, bitter cold, long hours of complete darkness. Safe return doubtful. Honour and recognition in event of success. AdGrok (adgrok.com), a Y Combinator startup, is looking for its first non-founder employee1. We just closed a seed round with some distinguished angel investors, have plenty of money in the bank, and are ready to build [...]
Groktoberfest 2010
October 29th, 2010 by Matthew
Apparently, We’re Certifiable AdGrok is now a Google AdWords Certified Partner. What’s that mean? Google’s got the details, but it basically proves we know what in the sam hill we’re talking about, at least when it comes to AdWords. Chrome GrokBar! We just pushed the Google Chrome version of our GrokBar into production tonight. We’re [...]
Pseudorandomness, or, how I got into Y Combinator and had a child with a woman I barely knew, almost simultaneously
September 20th, 2010 by Antonio
Forms, forms, everywhere are forms Filling out an online form can change your life. I filled out two such forms. One, was an online dating profile at Match.com around June 2009. The second was the application to Y Combinator in February 20101. Little did I know then how these two forms would guiltily conspire to [...]
Buyers, Browsers, Bouncers & Trolls (Or, Why You Really, Really, Want Conversion Tracking)
September 15th, 2010 by Matthew
Please note, gentle reader, that this post comes to you from Matthew (the Engineer), not Antonio (the Physicist Quant who’s been a Journalist). Moderate your literary expectations accordingly, if you’d be so kind… Marketer, Know Thy Audience Last Saturday as I walked into Bronstein Music with my 6th-grade son, I knew we were going to [...]
Fuck you, Money
August 15th, 2010 by Antonio
Startup founders are in the unique position of having to seriously ask themselves the following cocktail party question: how much money would you need to live comfortably on for the rest of your life? That amount, whatever it might be, is known in the trade as ‘fuck-you money,’ i.e., the amount of money needed to [...]
A blog post about a blog post
August 4th, 2010 by Antonio
Yesterday, AdGrok published its first real blog post. The post was a whimsical look at the New York vs. Bay Area tech scene. To be quite frank, we expected a few hundred page views, at most. Boy, were we wrong. The chronology was more or less as follows: 11:12 AM PST: We post the piece [...]
New York will always be a tech backwater, I don’t care what Chris Dixon or Ron Conway or Paul Graham say
August 3rd, 2010 by Antonio
Last Tuesday, legendary tech investor Ron Conway addressed the glop-eating masses at Y Combinator during our usual Tuesday illustrious-speaker dinner. The question was asked about the New York tech scene, and it’s relative strength vis-à-vis Silicon Valley. Paul Graham took up the question with Techcrunch TV recently, as a follow-on to Conway’s remarks. Chris Dixon, [...]
Why founding a three-person startup with zero revenue is better than working for Goldman Sachs.
July 23rd, 2010 by Antonio
The road to serfdom I joined Goldman Sachs in 2005, after five flailing years in a physics Ph.D. program at Berkeley. The average salary at Goldman Sachs in 2005 was $521,000, and that’s counting each and every trader, salesperson, investment banker, secretary, mail boy, shoe shine, and window cleaner on the payroll. In 2006, it [...]
Whither search engine marketing? or, Why does AdGrok exist?
June 27th, 2010 by Antonio
For all the Sturm und Drang about Android, Gmail, Chrome, Google News, Google TV and all the rest of it, Google’s revenue stream is more homogeneous than that of an Arab oil republic. Fully 97% of all Google revenue comes from one thing: AdWords, and its close cousin, AdSense. The success of these last two [...]