Burson Marsteller's Hat Trick

PR Watch, a respected industry watchdog org., takes on Burson Marsteller this week with a report on Mark Penn, the worldwide CEO of BM, my former employer, and points out that he wears "many hats", maybe too many hats. Penn is also chief stategist to the Hillary Clinton campaign and head of a polling firm working for the Senator. BM's head Howard Paster brushes off this huge conflict of interest by stating that WPP, owner of BM, has many units that work "independently". I knew Penn back in the Eighties when I was a political pollster working with Dick Morris, and think he's a smart guy, but doubt he can handle the scrutiny of the mainstream press when this issue becomes a problem for BM. My bet is that he picks Clinton over BM.

The Rise of Niche Job Boards

A newly released study by Borrell Associates indicates a sharp rise in the use of "niche" online job boards. Looks like trouble for generalist online job boards like Monster. This bodes well for New York-based JobThread, a fast growing startup that markets a full service job board product for publishers, recruiters and small/mid size businesses.

NowPublic.com + AP Agreement

NowPublic.com, a Bruni PR client, and Associated Press are hooking up. NowPublic, the largest citizen journalism network on the planet, and AP, the largest news organization, will share news leads, photos, video and other info supplied (or crowdsourced) by NowPublic's 35,000 contributors.

Silicon Alley 2.0

Price Waterhouse Cooper just released a new report indicating that $2 billion in venture capital was invested in approximately 250 New York based startups. It represents a two fold increase over last year's funding. The message in the report is clear : Silicon Alley is back. Kudos to PWC for making the news official. Anyone who attends the New York Tech Meetups has known this for some time, but it's great to see the larger business world acknowledge the rebirth of Silicon Alley.