I was a senior in high school on September 11, 2001. We were told what had happened during our morning announcements period, and a few of who had free periods after went to the beach across the street from our school’s campus. We knew that on a clear day you could usually see the Twin Towers from there, but all we could see was a plume of smoke. We listened on the radio and heard reports of the towers falling and rumors of other attacks in the works. I was deeply affected by what happened that day, and since then I have been waiting for our country to bring Osama bin Laden to justice. Yesterday, a group of NAVY SEALs did just that under the command of the Central Intelligence Agency, which is based in Washington, DC but operates all over the world. I am extremely grateful to all of those who were involved–especially for those who risked their lives to make us safer. It’s a reminder of how important it is for our government agencies to have top talent working for them. WIthout great people working at the CIA and in our armed forces, bin Laden would still be at large.
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Have you ever heard of a company or industry that wants you to use less of their product? Doesn’t really make sense, does it? It does if you’re in the power industry, at least to some extent. Some of the biggest proponents of energy efficiency are the utilities themselves. The reason for this is decoupling, or the “disassociation of a utility’s profits from its sales of the energy commodity.” It’s a tactic used by many states to create positive incentives for energy companies to be more green. Still, promoting energy efficiency to consumers is no easy task. That’s where OPOWER comes in. They’re based in Washington, DC and San Francisco, CA, and they use “cutting edge behavioral science and patent-pending data analytics” to enable “utilities to connect with their customers in a highly targeted fashion, motivating reductions in energy use, increased program participation and overall customer satisfaction.” It’s all about helping consumers make better informed decisions (which usually are also better decisions for the environment).
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You’d be hard pressed to find anyone but an oil executive who isn’t excited at the prospect of electric cars. Yet, the only ones that I’ve seen on the road are from Tesla Motors, and those are few and far between. The problem is two-fold. First, the technology is just getting to the point where it’s actually reasonable to have an electric car as your everyday automobile. Second, the infrastructure for charging electric cars away from home is nearly non-existent. Better Place is a Palo Alto, CA based company that is working to change this. They “build and operate the infrastructure and systems to optimize energy access and use” for electric vehicles, so that they can achieve their mission of “accelerating the transition to sustainable transportation.” They have a long road ahead of them, but they’ve already made a big impact.
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Children are by definition immature. They can be confusing, frustrating, and annoying for adults, but nobody should ever be surprised when children act like… children. But when is it something more? Psychiatric and learning disorder issues can be particularly hard to diagnose in kids. Yet identifying and treating such issues as early as possible is essential to ensuring that a child can live a full and happy life. The Child Mind Institute is a New York, NY based non-profit that “is devoted to transforming mental health care for the world’s children to enable them to reach their full potential.” By focusing on finding new ways to identify and treat childhood psychiatric and learning disorders, the Child Mind Institute is helping those who are least equipped to help themselves.
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I love Opening Day! (Check out all of our baseball related internships.) It’s like Christmas in April…or late March (I really don’t like having the season start before April Fool’s Day). I try to watch as many Yankees games as I possibly can, so today represents a big change in my daily routine. When I first moved to Chicago, I had to rely on the MLB At Bat app on my iPhone to listen to games. Then I got DirecTV with MLB Extra Innings so that I could watch all of the games in HD. Now I’m using MLB.tv for viewing games on my phone, laptop, and television through an AppleTV (I’ve already watched quite a few spring training games). However, nothing beats watching my favorite team in person. Unfortunately, when the Yankees come to Chicago to play the Cubs at Wrigley this year, I’m going to be out of town. But last year when they came to play the White Sox, getting tickets through StubHub was a cinch. The San Francisco, CA based company is an eBay subsidiary, and they enable people to buy and sell tickets to all sorts of events–from baseball to rock concerts.
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I’m a fly fisherman, so I occasionally get frustrated with living in downtown Chicago. There just aren’t many opportunities to go fishing without a decent drive, and winter seems to last forever (it’s supposed to be spring now, and it’s not). To get through the coldest months I’ll often visit fishing stores, look at websites, and read through catalogs. It’s not much, but it’s enough to get me through the winter. Cabela’s is a company that gets a lot of people through the winter. The company is based in Sidney, NE, and they’re the “largest mail-order, retail and Internet outdoor outfitter in the world.” It all started in 1961 with a tiny classified ad that Dick Cabela placed in a newspaper because he wanted to sell some fishing flies that he purchased while visiting Chicago for a furniture show (since Nebraska is even less of a fly fishing destination than Chicago is). Despite a lackluster response to the original ad, Dick Cabela kept trying. The company grew organically, and now Cabela’s is dominating three major retail channels. The truly amazing part of the story is that Cabela’s has been able to maintain their commitment to customer service throughout all of the growth. I’m not a big customer (I try to support local shops), but I have quite a few friends who are extremely loyal Cabela’s customers because of the quality of products and service.
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Because I started my business without any post-graduation work experience, I’ve had to rely on free resources to learn the tricks of the trade. Sites like Hacker News, SEOmoz, Mixergy have been unbelievably valuable to me. But you can only get so much for free. Fortune 500 companies budget millions and millions of dollars to ensure that their leadership teams are well informed and well advised. One place that 80% of Fortune 500 companies go for advice is The Corporate Executive Board. They are an Arlington, VA based company that helps “senior executives at the world’s leading organizations… and their teams with actionable insights, analytic tools, and advisory support to quickly and confidently focus efforts on what they need to know, and do, next.” The Corporate Executive Board spun off from The Advisory Board Company (they focus only on healthcare and higher education) in the late 90’s, and that was later followed up with an initial public offering.
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As a kid, I always knew PBS as Channel Thirteen. I wanted to tell you a story about a friend I had growing up whose mother only permitted him to watch Channel Thirteen, but I realized that I already did that when I wrote about internships at PBS. Even though I had cable during most of my childhood (my Dad did cancel it for a few years because he was sick of paying the bill), I still watched a good amount of Channel Thirteen. Ghost Writer, Where in the World Is Carmen Sandiego?, and Frontier House were some of my favorite shows. If you grew up in the vicinity of New York City, then you probably also have fond memories of WNET New York Public Media, since they are “the premier public media provider of the New York City metropolitan area and parent company of public television stations Thirteen and WLIW21.” Thirteen is the most widely watched PBS station in the U.S., while WLIW21 is the third most widely watched.
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It used to be that if you wanted to build something, the hard part would be actually building it. These days the biggest hold up in construction and development is often environmental compliance. There are a multitude of regulations that limit what you can build, where you can build it, and how you can build it. The rules are often complex and they can vary greatly between jurisdictions. Sapphos Environmental is a Pasadena, CA based company that helps its clients resolve “planning, resource management, and environmental compliance issues through the development of pragmatic solutions and exemplary client service.” In other words they offer a range of services that ensure that development projects are done in an environmentally sensitive and compliant way.
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Want to be our Valentine? All you have to do is go to your career services office and declare your love for us. And if you’re really hot for us, why don’t you convince them to add a link to us from their website?
Happy Valentine’s Day! May you get many Justin Bieber valentines with “Love” crossed out and “From” written in. And if you’re really lucky, maybe there will be a few Sweethearts Conversation Hearts tucked into the envelope. I’ve never particularly enjoyed the taste of those little candies, but they’re still a lot of fun. You may or may not realize that these little hearts come from Necco, the company that also manufactures Necco Wafers, Mary Jane, Haviland, Clark, Skybar, Mighty Malts, Candy Buttons, Canada Mints, Squirrel Nut Zippers, and Slap Stix. The company is based in Revere, MA, and I didn’t realize that their name was an acronym for New England Confectionery Company until I drove by their factory in a cab from Boston Logan Airport.
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I know it’s hard to believe right now, but it actually gets warm in Chicago sometimes. And during those warm months I try to play as much beach volleyball as I possibly can. There’s a group of guys that I often play with, and we organize via text message. The problem is that one guy controls the text list, and it’s always unclear how many people are going to show up. I actually think that e-mail is a much better alternative, but for some reason people love SMS, which is a terrible platform for group messaging. At least it was. GroupMe is a New York, NY based startup that “lets you effortlessly group text with the people in your life that are important to you.” It’s a free service that works on any phone (ok probably not a rotary phone).
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There’s only one thing more annoying than getting spam in your inbox—getting real messages sent to your spam box. Unfortunately, because spam is such a problem, ISPs are extremely strict about which e-mail messages get through spam filters. This can sometimes be a problem when you’re sending e-mail individually, but it becomes a much bigger problem when you’re sending bulk. Whether you’re sending hundreds of thousands of messages a month like I am or billions of messages a month like Facebook does, you have to ensure that your e-mails get to your users inboxes. It’s a complicated science, but there are companies that specialize in e-mail deliverability. One of—if not the biggest name in the industry is Return Path. They’re headquartered in New York, NY with major offices in Broomfield, CO and Sunnyvale, CA, and they’re experts on all of the issues surrounding e-mail deliverability and spam detection.
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The world of high finance is mind-bending. Billions and even trillions of dollars are being exchanged, yet no paper money is actually changing hands. It gets even crazier when you realize that real people are behind all of these transactions. They’re constantly making decisions that affect more money than you’ll probably accrue in your lifetime—and it’s not even their money (some of it might even be yours). When it comes to finance, research is crucial to sound decision making, and as technology has evolved, research has become more and more plentiful. FactSet Research Systems is a Norwalk, CT based company that provides investment analytics tools. As they put it, “FactSet enhances productivity of the global investment professional by providing superior workflow solutions.” It does this by consolidating “all the tools you need to monitor global markets, public and private companies, and equity and fixed income portfolios in a single, intuitive interface.”
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I don’t know when people started to think that other people care what they think of Super Bowl commercials, but it seems that everyone with a Twitter account is now an advertising expert. Considering the fact that I have a Twitter account, I guess I should give you all my opinion on some of last night’s ads (at least I’m kinda sorta in the advertising/media industry). First, I really liked the Groupon spots—I thought they were hilarious and did a great job of poking fun at consumerism. Still, they didn’t explain the joke as well as they could have, and it backfired (but all that press is great for brand recognition). However, my favorite ad was Chrysler’s “Imported from Detroit.” Maybe it’s just because my family ties give me a soft spot for the Motor City, but I think that Portland, OR based Wieden + Kennedy knocked it out of Comerica Park with this one. It was two minutes long (which costs $8+ million) and featured Eminem. Even better, it told a story and made me want to buy an American car—maybe even a Chrysler.
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In just the past year and a half, I’ve lost two important people in my life to cancer. Chances are that you’ve been similarly affected by the disease considering that 1 in 4 deaths in this country are caused by cancer and that there were more than 1.5 million new cancer cases last year. The numbers sound grim, but every year we’re getting better and better at treating cancer. One of the major trends that I keep hearing about is that doctors are starting to see cancers as individual diseases instead of as one disease that affects many areas of the body. Precision Therapeutics is a Pittsburgh, PA based company that is taking this idea once step further. They believe that cancer should be treated at an individual level. In other words, they see every single case of cancer as potentially unique, and they want to help doctors and patients find the best way to treat it.
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Yesterday I was playing beach volleyball when my girlfriend ran up to me as excited as could be. She had taken a walk and spotted a celebrity on the way. Ok, celebrity may be a bit of an overstatement, but Jill Zarin of Real Housewives of New York City is certainly famous. So, we grabbed our camera and tried and failed to get a good paparazzi shot. Back when I lived in Connecticut, a celebrity sighting beyond Paul Newman or Don Imus was pretty unusual for me; however, now that I live in downtown Chicago, I’m seeing famous people left and right. I see Oprah and Jesse Jackson at the gym. I’ve had breakfast next to Charles Oakley, seen Greg Olson out on the town, and dined at the same restaurant as Johnny Damon. Celebrity chefs like Rick Bayless and Graham Elliott have restaurants a few blocks from my apartment, and I’ve even seen the entire Chicago Blackhawks team with the Stanley Cup. If I wanted to share all of those sightings with you in real-time, I could do it on JustSpotted. It’s a celebrity-spotting site run by a San Francisco, CA startup called Scoopler.
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During my vacation I’ve been reading a number of books including President Bush’s Decision Points
. I’ve enjoyed it so far, and the chapter on Afghanistan reminded me to take a look at the U.S. Agency for International Development (better known as USAID), which a reader recommended I write about a few months ago. They are “the principal U.S. agency to extend assistance to countries recovering from disaster, trying to escape poverty, and engaging in democratic reforms.” Right now they’re playing a huge role in moderating the impact of the war in Afghanistan on civilians, while they’re also heavily focused on helping those in Pakistan who have been affected by the earthquake. While USAID’s budget is less than one half of one percent of the federal budget, their impact feels much greater.
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Do you know what I hated most about college? Group projects. Even if I had a good group (and I usually had at least one slacker and one know it all), getting everyone together and communicating about who was doing what over the course of the project was a pain in the butt. Technology has come a long way in the five years since I graduated college, but I’m sure that group projects are still a pain. Now, imagine doing it in a corporate environment on a daily basis with some outdated technology platform that you’re required to use. There is some really cool stuff happening at the nexus of work, technology, and relationships, but most companies are missing out on the potential gains. Dachis Group is a company headquartered in Austin, TX that helps “businesses to create and capture value from emerging trends in technology, society and the workplace.” They do “social business design,” and they do it well.
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I’m sure that you keep hearing about the green job revolution and how environmentalist ideals are actually going to start fueling economic growth (instead of hindering it), yet you’re probably wondering where all of these opportunities are. Most of the green internships that I come across are either in the non-profit or energy sectors. However, if you look a little more closely there are a lot more options—some of which have been around a lot longer than you would have expected. Take The Cadmus Group in Watertown, MA for example. They were founded in 1983 to “take advantage of a change in how the U.S. Environmental Protection Agency (EPA) procured contractor support,” and they’ve evolved into a leading environmental consulting firm. They’ve done this by gathering “the best minds across a variety of disciplines to help address the nation’s most pressing environmental, energy, and health challenges.
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A while back a friend from high school e-mailed me to tell me that she’s been following the site and that I should feature her employer. She claimed that it’s not just because they give her a new MacBook Pro every three years, but that has to be at least part of it. Since she loves her job, and she’s someone that I trust, we’re going to take a look at Prometheus Research today. They’re a New Haven, CT based company, and they develop “low-cost, easy-to-use, web-based data access integration tools” while also “offering research informatics services.” Prometheus Research’s clients are mainly “biomedical and scientific researchers, research institutions, and research funding organizations,” which means that they’re enabling really smart people to stay focused on what they do best—science—instead of wasting time with the complexities of other database systems.
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Although I’m not big on shopping, I love shopping online. It makes everything easier—as long as the online store has free shipping and a generous return policy. E-commerce is also great for businesses because it reduces costs and makes data collection far easier. With that said, the retail experience can’t be replaced, and it isn’t going anywhere for a long time. That means that retail stores need to be able to collect data as effectively as online stores if they want to stay competitive. This can be a tough problem to conquer, but Retail Solutions, which is headquartered in Mountain View, CA, has an… er… solution. They “develop and deliver a comprehensive suite of award-winning software-as-a-service (SaaS) solutions that turn downstream data, such as point-of-sale (POS), supply chain, merchandiser feedback and category data, into actionable visibility into the store and onto the shelf.” They work with both retailers and consumer packaged good companies to track sales and provide data, which enables both sides to operate more efficiently.
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Did you know that you can get Amazon Prime for free
if you’re a college student? That means unlimited, free two-day shipping on everything you buy.
For the past couple of months we’ve been including more numbers than usual in our daily posts—things like three-year growth rates and annual revenues. Since we’ve been looking mostly at companies on the Inc. 500, we figure that it’s useful information. If simple numbers like those intimidate you, then today’s company is definitely not for you. However, if your response to our daily posts is to seek out more numbers and dig into annual reports and other similar documents, then you’re in luck. MCG is a Providence, RI based company that does mathematical, statistical, and strategic consulting. Their motto is “Nothing is too complex.” The first person listed on their Management Team page is their Chief Analytics Officer, so that should tell you a lot about MCG’s focus. And I almost forgot—MCG has grown at an 834.4% rate over the past three years to $2.2 million in revenue (they were only founded in 2006).
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When you send an e-mail to a friend, you just assume that they will get it. If they claim they never saw it, you probably have a friend who is ignoring you. But if you’re like me and running a business that relies on sending a quarter of a million e-mails per month, then e-mail delivery is a slightly bigger issue. It’s not something that you can just do from Gmail or whatever e-mail provider you use. You need a paid provider that specializes in delivering e-mails for business. On One Day, One Job we’ve looked at jobs at companies like Aweber, Constant Contact, E-Dialog, and ExactTarget, but today we’re going to look at Durham, NC based iContact and their internships. Once again they’re an Inc 500 company, and they have seen 848% three-year growth to $26.5 million in revenue. They’ve done it all by offering a simple e-mail marketing solution that allows businesses to reach their customers’ inboxes.
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Hopefully you’ve started to notice some trends as we’ve worked our way through the Inc. 500 list of the country’s fastest growing private companies. These trends are really important for you as an internship seeker, because they are a strong indicator of where economic growth is happening. Even if your major doesn’t match up with the trends, you should start thinking about how you can adapt and start educating yourself to be a good candidate to work in growing industries like performance marketing, which we’re going to talk about today. Marketing and advertising campaigns have a single goal: increasing sales. Yet, until recently it has been extremely hard to link campaigns with results. Now you can not only track results, but you can actually pay advertisers only for sales that they’ve influenced. That’s what IMM Interactive is all about (they just changed their name from Intermark Media). They’re a Woodbury, NY (Long Island) based company that has spent the last decade “helping advertisers and agencies of all shapes and sizes execute strategic digital marketing campaigns that expand reach, define perceptions and drive revenue growth.”
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Liquidity can be a big issue in college. Your parents gave you money for food, but it’s all in the form of “meals” at the dining hall. As far as I know, there’s no market for converting these meals into cash, so you’re stuck on campus with the same slop that you’ve been eating daily for past 7 weeks. In the real world, liquidity can be a much bigger issue. There are plenty of people who are millionaires on paper but can’t pay their bills because all of the assets they hold are illiquid or hard to sell quickly. SecondMarket is a New York City and Palo Alto, CA based company that provides the largest secondary market for illiquid assets. In other words they help buyers find sellers and sellers find buyers for a variety of financial products. It’s not like eBay where you can turn Pez dispensers into cash—it’s for serious financial instruments that just don’t have thriving markets like publicly traded stocks do. SecondMarket is yet another Inc. 500 company—they came in at #270 with 1,156% three-year growth to $35 million in annual revenue.
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Back in the early days of the Internet—when I was a teenage webmaster—one of the best ways to get people to your site was through things called webrings. You and other webmasters who had similar sites would agree to send each other traffic through a simple interface that each webmaster posted on his or her site. Browser who used the webring would get a random walk across a small corner of the Internet. As the Internet has evolved and Google has gotten really good at giving us what we’re looking for, randomness has fallen out of the online experience. StumbleUpon is a San Francisco based company that is bringing randomness back. They’re a social network and “discovery engine that finds the best of the web, recommended just for you.” When you click the “Stumble” button, you’ll never quite know where you’re going to end up, but it will be relevant to your interests and recommended by the greater StumbleUpon audience.
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When you think of optimizing your investments, you probably think about asset allocation, picking the right stocks, getting a better interest rate, and other things related to your personal finances. But what about spending $27 on a job search course that will help you get a job and start making money faster? Let’s say that you’re going to make $800 a week (that’s a pretty decent entry level salary). The things that you learn in the course help you get a job two weeks earlier than you would have otherwise. You just turned $27 into $1600. You couldn’t have done that in the stock market, but how do you know that your investment will pan out? You can’t. You have to take a risk. At worst, you spent $27. But what if you’re a huge business? You can’t just make guesses—you need to know that your maximizing your return on investment. That’s why huge companies like Microsoft, Novell, and EMC use Lattice Engines. They’re a San Mateo, CA based company (with offices in New York City and Boston) that “provides analytic solutions that help customers maximize their return on sales and marketing investments.”
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Most people see insurance as a good thing. I see it as more of a necessary evil. The truth is that the large majority of people are losing money when they’re paying for insurance. Insurers wouldn’t take on your policy if it wasn’t going to be profitable for them. You’d be amazed at how good insurance companies are at predicting risks, which is why their business operations are so largely skewed towards getting new customers. Ever wonder why GEICO, Allstate, State Farm, and other auto insurers are so aggressive with their advertising? It’s because if you sign up, they’re going to make money. This means that generating leads for insurance companies is a huge business, and that’s why Seattle, WA based QuoteWizard came in at #36 on the Inc. 500 this year with 5,950.5% three-year revenue growth. They provide a simple online tool to help consumers find the best quotes for Auto Insurance, Home Insurance, Renter/Condo Insurance, Health Insurance, and Life Insurance. By organizing and presenting information in a simple way, QuoteWizard is able to generate a ton of leads for insurance companies—and for every lead they generate, they get paid.
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There are a lot of things that you can do to get through college when money is tight. You can get a temporary job, you can do consulting, you can live with your parents, you can sell your blood, and you can even collect cans for the deposit money. But if you’re desperate for cash, you might as well start out with low hanging fruit. There’s a good chance that you have outdated electronics lying around your apartment or house. Maybe it’s a first generation iPhone or a video game system that you never play anymore. Why not sell it? You don’t even have to go to some sketchy neighborhood to find a pawn shop or meet some stranger from Craigslist. You just need to use Gazelle, a Boston based company that provides “a practical, responsible, rewarding way for consumers to get value for used electronics.” The are the “nation’s largest reCommerce company,” and they keep growing—they’re #24 on the Inc 500 list with a 7,119.7% three-year growth rate.
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I was considering writing about McDonnell Douglas after having my apartment building buzzed by F-18s all day yesterday (they’re practicing for the Chicago Air and Water Show), but I had a friend send me a link to a posting that was way too cool to pass up. It’s from the venture capital industry, which is notoriously hard to break into. Lowercase Capital is a new Angel Fund that was launched in June by Chris Sacca, who was formerly the Head of Special Initiatives at Google. I’ve spoken with a few venture capital companies who were interested in my business, and most seemed buttoned up (at least compared to the startups that they invest in). This is definitely not the case with Lowercase Capital, unless you mean buttoned up with a Bolo tie. Yes, Lowercase Capital has a Western theme, which is fitting because they’re located in Truckee, CA (I was in Truckee two days ago, and it’s awesome). It almost seems gimmicky, but the whole thing really speaks to how Chris is trying to change the way venture capital works with Lowercase.
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