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Japan’s ‘Creative Survey’ proposes a prettier online questionnaire

Rick Martin 2013.12.10

There are more than a few online survey tools on the market these days, including the likes of Survey Monkey and Typeform. But I was curious to discover a new competitor from here in Japan when I attended the recent Techcrunch Tokyo event. It’s called Creative Survey, a name that reflects the services positioning strategy among the competition. There’s currently a four-person team working on Creative Survey, a sort of mini-unit operating within FourDigit, a web solutions and design studio based in Shibuya. The team had been running on a design research product for corporate customers since 2011, but they found they were receiving lots of demand for a lighter, more affordable solution that anyone could use. That prompted them to launch Creative Survey last month, and so far they have 1100 users, experiencing good growth out if the gate. They hope this can continue, with a sort of Dropbox-like referral system among free users, which they hope will kickstart those who can pay. But the challenge ahead will be a difficult one, with stiff competition not only from Survey Monkey, which has about 65,000 users in Japan, but also from market research giant Macromill, which just launched its own…

There are more than a few online survey tools on the market these days, including the likes of Survey Monkey and Typeform. But I was curious to discover a new competitor from here in Japan when I attended the recent Techcrunch Tokyo event. It’s called Creative Survey, a name that reflects the services positioning strategy among the competition.

There’s currently a four-person team working on Creative Survey, a sort of mini-unit operating within FourDigit, a web solutions and design studio based in Shibuya. The team had been running on a design research product for corporate customers since 2011, but they found they were receiving lots of demand for a lighter, more affordable solution that anyone could use. That prompted them to launch Creative Survey last month, and so far they have 1100 users, experiencing good growth out if the gate. They hope this can continue, with a sort of Dropbox-like referral system among free users, which they hope will kickstart those who can pay.

But the challenge ahead will be a difficult one, with stiff competition not only from Survey Monkey, which has about 65,000 users in Japan, but also from market research giant Macromill, which just launched its own online survey tool, Questant, last month.

How does Creative Survey plan to thrive with such stiff competition? The project’s leader Ryo Taguchi emphatically says that they will excel with better design. They showed me some examples of surveys that really made use of their custom background image support, typically with an interface to match. Transitions between questions are really slick, and they are easily viewable on any mobile device.

creative-survey-04 — Automobile survey, slider response

So how does this differ from Typeform then, I wondered, which is another very eye-catching survey solution. Ryo says that while Typeform is a great tool, it cannot really do the kind of high level question logic that Creative Survey can do. I’m a little skeptical that the demographic for this lighter solution will require such complexity, but for those who do need it, it’s good to know that it’s there.

The Creative Survey team has some interesting things in store for the next year, including plans to push their service overseas, likely in the spring of 2014. So stay tuned for more from them in the coming months!

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Prepare authentic Japanese food with Cookpad’s top 25 recipes

Cookpad

Yukari Mitsuhashi 2013.12.09

We mentioned Japanese recipe portal Cookpad in our previous post 5 Internet services Japanese women can’t do without. With over 10 years of history since its launch way back in 1998, Cookpad perhaps is one of the most successful tech companies here in Japan with over 32 million users 1 Cookpad launched an English version of its website back in August, and after about four months of operation it now includes 8,000 recipes, attracting Japanese food fans from all over the world. In addition to the growing fan base of the English site, very recently, Japanese cuisine (or ‘washoku’) was granted UNESCO Intangible Cultural Heritage designation. To respond to the growing needs of washoku fans in the world, the company has now launched a special section called What is Washoku? The page introduces the top 25 classic homecooked dishes selected from the 1.59 million recipes in Cookpad’s database. The site adds one recipe to this list per day, and so far has five recipes available for viewing, such as how to make a good dashi broth, or cooking white rice using a pot instead of a rice cooker. The remaining 20 recipes are listed, accessible as they are added/linked through…

We mentioned Japanese recipe portal Cookpad in our previous post 5 Internet services Japanese women can’t do without. With over 10 years of history since its launch way back in 1998, Cookpad perhaps is one of the most successful tech companies here in Japan with over 32 million users ¹

Cookpad launched an English version of its website back in August, and after about four months of operation it now includes 8,000 recipes, attracting Japanese food fans from all over the world. In addition to the growing fan base of the English site, very recently, Japanese cuisine (or ‘washoku’) was granted UNESCO Intangible Cultural Heritage designation. To respond to the growing needs of washoku fans in the world, the company has now launched a special section called What is Washoku?

The page introduces the top 25 classic homecooked dishes selected from the 1.59 million recipes in Cookpad’s database. The site adds one recipe to this list per day, and so far has five recipes available for viewing, such as how to make a good dashi broth, or cooking white rice using a pot instead of a rice cooker. The remaining 20 recipes are listed, accessible as they are added/linked through the month.

Japanese cuisine is growing in popularity in many countries with over 55,000 Japanese restaurants overseas. This number has doubled in the past three years. And many of these Japanese restaurants are operated without any involvement from Japanese people. Thanks to Cookpad with the basics to traditional Japanese cuisine at hand, people can enjoy such authenticity in the comfort of their own home as well.

For those of you who are up to the challenge of cooking Japanese food, you might check out Cookpad’s Facebook page for a steady stream of tips as well.

Current as of April 2013.↩

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Japan finds a new way to work: In conversation with Crowdworks’ Koichiro Yoshida

crowdworks

Takeshi Hirano 2013.12.09

See the original article in Japanese Tokyo-based Crowdworks, the startup behind the crowdsourcing platform of the same name, announced on December 2nd that it has allocated new shares to a third party, raising 1.1 billion yen in total. The company also announced that it will start a partnership with CyberAgent and Digital Garage. Crowdworks previously allocated shares to third parties in December of 2011 and in October of 2012, raising 300 million yen from Itochu Technology Ventutes, DG Incubation, and Suneight Investment. The startup’s total number of corporate clients reached 18,000 in December of 2013, and the total budget for ordered work on the platform has surpassed 5 billion yen. More than 80,000 users have already registered on the service. In total, the young startup has raised more than 1.4 billion yen within just a year and a half. But will it really change how we do work? Or is this just the result of a bubble? We interviewed Crowdworks’ CEO Koichiro Yoshida, who told more about the potential of the new working style they propose, as well as what’s happening inside the growing startup. In this first part of our interview, he talked discussed fundraising: The Bridge: 1.1 billion…

See the original article in Japanese

Tokyo-based Crowdworks, the startup behind the crowdsourcing platform of the same name, announced on December 2nd that it has allocated new shares to a third party, raising 1.1 billion yen in total. The company also announced that it will start a partnership with CyberAgent and Digital Garage.

Crowdworks previously allocated shares to third parties in December of 2011 and in October of 2012, raising 300 million yen from Itochu Technology Ventutes, DG Incubation, and Suneight Investment. The startup’s total number of corporate clients reached 18,000 in December of 2013, and the total budget for ordered work on the platform has surpassed 5 billion yen. More than 80,000 users have already registered on the service.

In total, the young startup has raised more than 1.4 billion yen within just a year and a half. But will it really change how we do work? Or is this just the result of a bubble? We interviewed Crowdworks’ CEO Koichiro Yoshida, who told more about the potential of the new working style they propose, as well as what’s happening inside the growing startup.

In this first part of our interview, he talked discussed fundraising:

The Bridge: 1.1 billion yen is really a lot of money. But the business model is quite different from a game developer that requires many engineers or a coupon model that requires big marketing resources. To what end did you raise so much money?

Yoshida: First of all, in Japan, crowdsourcing is not really common to order work from individual workers yet. It’s going to take some time. When other competitors try to get into the market, we need to expand our share in this field. We also need to add talent and step up our marketing as well.

The Bridge: I see. Have you set any metrics to measure your success?

Yoshida: At first we were looking at the amount of work ordered. But recently we look more at the matching rate with the goal of increasing user satisfaction. […] Recruit is the biggest human resources company of the 21st century in Japan, and it has access to most Japanese workers’ resumes. We are sort of an online version of Recruit. We’d like to build a database of workers.

The Bridge: What will the future be like if you succeed in building such a database?

Yoshida: We will be able to create a matrix. While a worker gets paid 20,000 yen for some spreadsheet-related work, another worker might get paid 100,000 yen for some spreadsheet work. Then we discover that the difference lies in whether the worker can create a macros or not. With this kind of data, we can come up with a new service offering learning opportunities for workers. We can have an overview of workers’ skills, and that will help companies find the right workers with the required skill set.

Individual human resources will be accumulated on the platform. Each worker’s skillset will be open for viewing, and advanced matching between workers and work will be possible. If there is any specific skills lacking, learning opportunities can pick up the slack. The idea of optimizing human resources through technology is very attractive, but it also requires capital.

The Bridge: I see. With an expanding database of workers and understanding the state of domestic human resources, the company can gain value as a public service. Then crowdsourcing will require systems such as process control for each work order. Will you assign more developer resources to build those systems?

Yoshida: We are planning to develop a process control system. At the same time, we will explore the possibilities of partnering with other developers by making our API open. Our tie-up with KDDI Web Communications that we announced recently is an example of this. From the beginning, we aim to develop our service through a kind of open source model.

The Bridge: How large are you planning to expand the company?

Yoshida: Currently we have 20 to 30 members, and that includes part-time workers. We plan to make it 50. At the same time, we will choose talent carefully. We hire a new member only when all of 4 board members agree. I heard a lot of stories from experienced entrepreneurs who have lowered the standard of hiring when the companies were in the growth stage, and they later had a problem improving the team. So I’m trying to make this decision carefully.

Crowdsourcing is a different animal in Japan than it is in North America where the concept was born. My Canadian coworker sometimes use ODesk, where crowdsourcing seems to function as more pure C2C. Whereas In Japan, you tend to pay the platform instead, which may instill more trust among clients.

Crowdsourcing can a convenient way for companies to contact workers. On the other hand, many people still see crowdsourcing as a platform for side jobs.

In the second part of our interview, Yoshida discusses how they plan to build a culture that can help expand crowdsourcing.

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Japanese classifieds site Jmty.jp looks for light at the end of the tunnel

Takeshi Hirano 2013.12.06

This is part of our coverage of Infinity Ventures Summit Kyoto 2013 See the original story in Japanese. One of the trending sectors on the Japanese internet these days is the C2C (consumer to consumer) market. This includes small-sized e-commerce platforms, flea market apps, and crowdsourcing platforms too. But in Japan, the market is not easy to grow without significant effort. In contrast with the US, many C2C players in Japan may be poorly perceived in the eyes of Japanese users, where consumers are more likely to buy from a publicly recognized company. At the venue of Infinity Ventures Summit 2013 in Kyoto, we saw many of the key players in the C2C sector. I had a chance to speak with Takahiro Kato, the CEO of Jmty.jp (pronounced as Jimoty). The company provides local classifieds and forums for local communities, including listings for jobs and second-hand items. The company was launched back in 2011 and raised an undisclosed amount of seed funding from Infinity Venture Partners (IVP), and additional funding of 150 million yen (about $1.5 million) from KDDI, Mitsubishi UFJ Capital, and IVP back in 2012. It also raised money from Fuji Startup Ventures last August. The story so…

This is part of our coverage of Infinity Ventures Summit Kyoto 2013

See the original story in Japanese.

One of the trending sectors on the Japanese internet these days is the C2C (consumer to consumer) market. This includes small-sized e-commerce platforms, flea market apps, and crowdsourcing platforms too. But in Japan, the market is not easy to grow without significant effort. In contrast with the US, many C2C players in Japan may be poorly perceived in the eyes of Japanese users, where consumers are more likely to buy from a publicly recognized company.

At the venue of Infinity Ventures Summit 2013 in Kyoto, we saw many of the key players in the C2C sector. I had a chance to speak with Takahiro Kato, the CEO of Jmty.jp (pronounced as Jimoty). The company provides local classifieds and forums for local communities, including listings for jobs and second-hand items.

The company was launched back in 2011 and raised an undisclosed amount of seed funding from Infinity Venture Partners (IVP), and additional funding of 150 million yen (about $1.5 million) from KDDI, Mitsubishi UFJ Capital, and IVP back in 2012. It also raised money from Fuji Startup Ventures last August.

The story so far

The Bridge: What has happened with Jmty in the last three years?

Kato: We surpassed 1.4 million monthly visitors and 11 million monthly page views back in November. And we surpassed 1 million monthly visitors back in September.

The Bridge: So you mean your users have been rapidly increasing in the last few months?

Kato: Our service was recently featured on Mezamashi TV, a popular morning TV show. I know typically most TV appearances give only a momentary boost but not a sustained increase. However this recent feature brought us many long-standing active users.

The Bridge: Is there any improvement in user activity?

Kato: 20% or 30% of the items presented on our website are unwanted articles that users want to give away for free. When you post a message about this kind of item, you will usually get a comment from other users within 24 hours.

The Bridge: Craigslist is a very similar business to yours. Do you know how large their business is in the US?

Kato: It is said that they still have 60 million monthly visitors with 2 billion monthly page views. That’s really huge.

C2C is different in Japan

A classified platform needs to diversify its business to scale. And I thought acquiring 1.4 monthly visitors in three years was not such a big number. I asked him further about the potential of opportunities in the Japanese C2C market.

The Bridge: Compared to Craigslist, your business is still quite small. Is your growth slower than you expected?

Kato: Craiglist needed five years to surpass 10 million monthly visitors. I know several similar cases in China too. So this speed of growth is within our expectations.

The Bridge: Do you want to see a steeper increase? I think completely open C2C platforms face many obstacles in the Japanese market. For example, many users expect the operators of these platforms to assure the quality of the items they will buy on the platform.

Kato: It’s a fact that we get inquiries from some users asking how we will be responsible for a possible defective purchase. That’s why we added a notice all across our website that we will take no responsibility for any possible defects from trades between users.

The Bridge: So you need to educate users more?

Kato: By adding many notices, it encourages users to police themselves in a way. If you set up a hotline to receiving reports of defective items, many users will kindly tell us who the offending users are.

The platform was launched by Hirofumi Ono, the co-founder partner of Infinity Venture Partners. I asked him where in Jmty’s business he might find some potential to scale up.

The Bridge: When you launched Jmty.jp back in 2011, there was a big rise in classified platforms in mainland China. 58.com (NYSE:WUBA) had recently IPOed. Did these happenings have any impact on your decision to launch?

Ono: When we launched it, we thought it had lots of potential. We saw China’s 58.com and Baixing.com were rapidly growing. We actually asked Baixing.com about the key is to their success.

The Bridge: Did you get some useful advice from them?

Ono: They say it takes a long time to grow. Many C2C services in China have been running since 2005. We were also aware that we divided our topics into too many segments. Jmty.jp has many segments by region as well as by category, and that was intended to result in more accurate message postings.

But a classifieds site has to give users a simple way to interact since all users are not always so savvy. We believe that our service requires simplicity rather than pursuing an experience where topics are focused on special/niche purposes.

The light ahead

There is still a the long way to go in terms of growth for Jmty. And at the end of the interview, I asked Kato how they might emerge from this seemingly endless tunnel.

The Bridge: Will you keep making efforts to increas content topics?

Kato: We will continue to focus on diversifying content that may better suit our users. Regarding posts about jobs or second-hand items, these can be curated a minimal effort.

The Bridge: Can you share any figure on how many trades and transactions you’re facilitating?

Kato: A six-digit number has been already posted, and we’re receiving about 700 new posts every day.

The Bridge: Your service targets average people, so you will need to promote it using mass media, right?

Kato: We received investments from Fuji Startup Ventures, the investment arm of Fuji TV. So we’re planning to do something using television.

The Bridge: I know you will need a long time to achieve your goal, but how do you plan to sustain your business long term? Is there any funding plan?

Kato: We are a six-person team, and currently looking for the next funding opportunity. We hope to get funding from a business entity, rather than a pure investment firm, and partner with them to grow our business together.

The Bridge: Thank you for the time and your great insights!

The key to succeed with a service like this likely depends on how they can increase number the user-generated submissions. We’ll keep our eyes on their progress, so stay with us!

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Japanese deli delivery service begins closed beta for corporate users

Junya Mori 2013.12.06

See the original article in Japanese How many business people care about the nutritional balance of their diet? For busy professionals, maintaining a balanced diet can be especially tough to manage during work days. Chisan is a delicatessen delivery company in Japan. It has operated a deli delivery service called Okan, targeting single businessmen who live alone [1]. The company started a new service on November 25 called ‘Office Okan’, delivering additive-free Japanese deli to offices. It is currently accepting corporate users applications for its closed beta version. Okan is a service that regularly delivers Japanese deli to a registered addresses. Since the B2C service was launched on March 26 this year, approximately 200 users have subscribed to the service. The new service, Office Okan, caters to corporate users. With Office Okan, corporate customers will receive Japanese deli once a month, since the deli lasts about a month. The package contains 15 kinds of Japanese home-style deli, including “simmered mackerel in miso” and “simmered meat and potatoes”. Brown rice, which lasts about a month, is also available as an additional order. These can be refrigerated, and users can prepare the meal in about minutes. The company’s CEO, Keita Swaki, says…

See the original article in Japanese

How many business people care about the nutritional balance of their diet? For busy professionals, maintaining a balanced diet can be especially tough to manage during work days.

Chisan is a delicatessen delivery company in Japan. It has operated a deli delivery service called Okan, targeting single businessmen who live alone [1]. The company started a new service on November 25 called ‘Office Okan’, delivering additive-free Japanese deli to offices. It is currently accepting corporate users applications for its closed beta version.

Okan is a service that regularly delivers Japanese deli to a registered addresses. Since the B2C service was launched on March 26 this year, approximately 200 users have subscribed to the service. The new service, Office Okan, caters to corporate users.

With Office Okan, corporate customers will receive Japanese deli once a month, since the deli lasts about a month. The package contains 15 kinds of Japanese home-style deli, including “simmered mackerel in miso” and “simmered meat and potatoes”. Brown rice, which lasts about a month, is also available as an additional order. These can be refrigerated, and users can prepare the meal in about minutes.

The company’s CEO, Keita Swaki, says the service can replace lunch, dinner, and even in-between snacks with healthy Japanese deli. Chisan aims to provide opportunities to ensure a well-balanced diet, giving business people an easy way to manage it.

We use the word ‘deli’ as a loose translation here, as the foods included can include meat, fish, beans, vegetables, and more. You can browse the kinds of foods on the Okan.jp site. ↩

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San Francisco-based Kamcord wants Asia to record and share more mobile gaming videos

Rick Martin 2013.12.05

While this week’s Infinity Ventures Summit in Kyoto was largely a domestic affair, there were a number of out-of-towners in attendance looking to kickstart their operations in Japan. One of these was San Francisco-based Kamcord, a startup that hopes to capitalize on mobile gamers’s social tendencies. The young startup offers an SDK that enables game developers to put a ‘movie’ button in game, and when it is pressed, they can then share video clips/replays of their game play. These can be shared directly to Kamcord where they can be viewed by other gamers, or they can be shared to places like YouTube, Facebook, Twitter, or even email [1] And so yesterday at IVS, co-founder Adi Rathnam was in attendance in Kyoto, speaking to potential game company partners here in Japan that might make use of their screen capture service, which is already built into 160 mobile games to date. Their closest competitor right now is Finland’s Applifier, which is similar in that it also provides recording and sharing of game content, but focused more on cross-promotional ads through video. Here on The Bridge we often share screen capture movies of games and apps we like, but the process is not…

While this week’s Infinity Ventures Summit in Kyoto was largely a domestic affair, there were a number of out-of-towners in attendance looking to kickstart their operations in Japan. One of these was San Francisco-based Kamcord, a startup that hopes to capitalize on mobile gamers’s social tendencies.

The young startup offers an SDK that enables game developers to put a ‘movie’ button in game, and when it is pressed, they can then share video clips/replays of their game play. These can be shared directly to Kamcord where they can be viewed by other gamers, or they can be shared to places like YouTube, Facebook, Twitter, or even email [1]

And so yesterday at IVS, co-founder Adi Rathnam was in attendance in Kyoto, speaking to potential game company partners here in Japan that might make use of their screen capture service, which is already built into 160 mobile games to date. Their closest competitor right now is Finland’s Applifier, which is similar in that it also provides recording and sharing of game content, but focused more on cross-promotional ads through video.

Here on The Bridge we often share screen capture movies of games and apps we like, but the process is not a simple one, requiring specialized software and some patience as well. Having Kamcord built into the game itself certainly makes the process accessible enough for the average gamer, removing the normal obstacles from the video sharing process.

Logically, it makes sense for Kamcord to target the most developed mobile nations in Asia, including Japan and Korea. But perhaps the most interesting market for Kamcord, I think, is China. With Tencent as their major investor, WeChat is a natural and logical partner, says Adi. But China’s affinity for sharing user generated game videos on popular video streaming platforms like Youku would likely mean an easy victory for Kamcord. They will have to bring some local games into their repertoire though of course. Adi elaborates:

Expanding to China, Japan, and Korea is a top priority for us. Our plan to do so involves localizing our product into Chinese, Japanese, and Korean and letting users share content to the messaging apps that are so popular in Asia. Line, Kakao, and WeChat are doing an awesome job growing their user base and driving downloads to games, and we’d love to work with these companies to create a rich experience for users.

As for monetization, Kamcord is still focused on building its community for the time being, but I understand they’ll look at a variety of options from driving installs to advertising.

I’d be surprised if game developers and publishers here in Japan don’t recognize the potential that exists in having enthusiastic fans help market their games using videos. It may require some forward thinking on their part, and a little more trust in user-generated content, but I expect we’ll see many of them jump on the Kamcord bandwagon soon.

I understand the video files are not very big, often around 5 or 10 megabytes. ↩

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Japanese mobile captcha startup Capy wins IVS Launchpad, has more plans ahead

Rick Martin 2013.12.05

This is part of our coverage of the Infinity Ventures Summit Kyoto 2013 Last week I had a chance to catch up with the folks from Capy in an office they’re working out of in Shibuya. The founder of the up-and-coming Japanese startup and CEO Mitsuo Okada first developed the concept behind his secure captcha service while studying at Kyoto University. Capy’s value proposition, for those unfamiliar with it, is that it’s less frustrating than the twisted letter solution of convention captchas, replacing it with a sort of sliding image puzzle that robots cannot complete (see below). While talking with Okada and his colleagues last week, I happened to mention that I’d be attending the Infinity Ventures Summit 2013 in Kyoto. “Oh, we’ll be there too,” said Okada. Skip to a week later where Okada pitched his captcha technology in front of a packed hall at the Westin Hotel Kyoto. They were one of 12 startups that took to the stage, but Capy was judged to be the best of them all. We first interviewed Okada about Capy way back in August, so they aren’t a newcomer to us. But among Japanese startups, the company does stand out in that…

This is part of our coverage of the Infinity Ventures Summit Kyoto 2013

Last week I had a chance to catch up with the folks from Capy in an office they’re working out of in Shibuya. The founder of the up-and-coming Japanese startup and CEO Mitsuo Okada first developed the concept behind his secure captcha service while studying at Kyoto University. Capy’s value proposition, for those unfamiliar with it, is that it’s less frustrating than the twisted letter solution of convention captchas, replacing it with a sort of sliding image puzzle that robots cannot complete (see below).

While talking with Okada and his colleagues last week, I happened to mention that I’d be attending the Infinity Ventures Summit 2013 in Kyoto.

“Oh, we’ll be there too,” said Okada.

Skip to a week later where Okada pitched his captcha technology in front of a packed hall at the Westin Hotel Kyoto. They were one of 12 startups that took to the stage, but Capy was judged to be the best of them all.

We first interviewed Okada about Capy way back in August, so they aren’t a newcomer to us. But among Japanese startups, the company does stand out in that it has taken a pretty global approach from the very beginning, initially launching the business in the US [1].

Even though conventional captchas can be frustrating, I’ve always admired the elegance of reCAPTCHA which makes us of user input not as a security precaution, but also as a means of digitizing books. Two birds with one stone. But Capy will be able to do something similar as well, and I think that’s why it has such great potential.

capy-awards — Okada-san all smiles on stage after winning IVS Launchpad

Websites that use Capy can repurpose its validation screen as a space to advertise, and that’s especially useful given how precious space is on a typical smartphone screen. Capy will have free and premium versions, the free version being ad-supported, and with the premium version, a publisher can use whatever image they want. Right now, the company is focusing on developing the premium version. In addition to advertising, there are other purposes for which Capy images could be used. They’re hoping to attend SxSW next year, and so I expect that many of the things they are currently working on should be ready for showtime by then.

Okada tells me that currently Capy is providing 50,000 captchas per day across three or four clients here in Japan. This is the perfect test market he says, because Japan is very closed. They still have improvements they want to make in user interface and experience, but I’m told they still need more engineers. Currently they are still just a team of four with only two engineers.

Their mentor and angel investor is security expert William Saito, with series A funding last May. I expect that a lot more eyes will be on Capy after their win at IVS Launchpad. So look forward to hearing more from them in the next year or so.

Capy is incorporated in Delaware. ↩

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Japanese tech giant collects job application fee from graduates to narrow the field

Yukari Mitsuhashi 2013.12.05

We previously wrote about Niconico Douga, a popular Japanese social video platform. With over 30 million registered users and two million paid users, the company behind the site, Dwango is one of the major tech companies here in Japan. Dwango recently made an interesting announcement regarding employment of fresh graduates. For its 2015 entry exam, the company will charge a 2525 yen (or about $25) fee. (2525 because of ‘Niconico’ douga). This system only applies to those residing in areas around Tokyo, and does not apply to those living in the countryside. This strategy was taken to attract only those who are truly passionate and serious about working at Dwango. The collected money will be subsequently donated to charity. According to Japan’s Ministry of Health, Labour and Welfare, the employment rate for graduating students is high as 93.9%. With the spread of technology and mobile phones, students can now apply to over 100 companies with a push of a button online. But Dwango explains that the number of available employment spots have not changed. And the increase in the number of application naturally means more work for the hiring side to narrow the field to the best candidates. Back in…

We previously wrote about Niconico Douga, a popular Japanese social video platform. With over 30 million registered users and two million paid users, the company behind the site, Dwango is one of the major tech companies here in Japan.

Dwango recently made an interesting announcement regarding employment of fresh graduates. For its 2015 entry exam, the company will charge a 2525 yen (or about $25) fee. (2525 because of ‘Niconico’ douga). This system only applies to those residing in areas around Tokyo, and does not apply to those living in the countryside. This strategy was taken to attract only those who are truly passionate and serious about working at Dwango. The collected money will be subsequently donated to charity.

According to Japan’s Ministry of Health, Labour and Welfare, the employment rate for graduating students is high as 93.9%. With the spread of technology and mobile phones, students can now apply to over 100 companies with a push of a button online. But Dwango explains that the number of available employment spots have not changed. And the increase in the number of application naturally means more work for the hiring side to narrow the field to the best candidates.

Back in April, we introduced a unique startup called Wild Card, which works to ease the job-hunting process for fresh graduates. As we mentioned at that time, the typical job-hunting process for such graduates begins in the fall of their junior year where they spend around six months to a year searching for their dream jobs. For big companies (i.e. those with over 5,000 employess), the job openings to applications ratio can be as low as 0.60.

We can expect to see more startups dedicated to disrupting the traditional job-hunting process, as well as creative tactics from employers to ease the rush on their end.

Recently we have also seen the emergence of a new website called Recme, which allows job-seeking students to post a 30- to 90-second long self-introduction video to appeal to potential employers. Leading Mark, the company behind Recme received funding of 50 million yen from Cyberagent Ventures in November.

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How can Yahoo Japan fend off emerging e-commerce challengers?

Takeshi Hirano 2013.12.04

This is part of our coverage of Infinity Ventures Summit Kyoto 2013 See the original story in Japanese. The Japanese e-commerce market has a volume of $83 billion, but that accounts for only 10% of the country’s entire retail market [1]. Users in Japan have shifted to browsing on mobile, and that’s where the Japanese e-commerce industry will move as well. On day one of the Infinity Ventures Summit 2013, we heard from Yahoo Japan’s Takao Ozawa, whose title within the Internet giant is the head of ‘shopping company’. He shared some thoughts about how e-commerce companies can give users ways to discover new things to buy [2]. E-commerce giant Rakuten is said to be have over 100 million items on its platform, which helps you understand how important discovery and recommendation technologies will be for the e-commerce industry in the future. This session was moderated by Hirofumi Ono, of Infinity Ventures Partners. In a response to his queston about how e-commerce platforms should communicate or suggest possible purchases to customers, Ozawa noted that there are three keys: curation, search, and recommendation. He elaborated: Yahoo (Japan) is a search technology company. We’re actually using Google’s engine though. When you try…

This is part of our coverage of Infinity Ventures Summit Kyoto 2013

See the original story in Japanese.

The Japanese e-commerce market has a volume of $83 billion, but that accounts for only 10% of the country’s entire retail market ^[1]. Users in Japan have shifted to browsing on mobile, and that’s where the Japanese e-commerce industry will move as well.

On day one of the Infinity Ventures Summit 2013, we heard from Yahoo Japan’s Takao Ozawa, whose title within the Internet giant is the head of ‘shopping company’. He shared some thoughts about how e-commerce companies can give users ways to discover new things to buy ^[2]. E-commerce giant Rakuten is said to be have over 100 million items on its platform, which helps you understand how important discovery and recommendation technologies will be for the e-commerce industry in the future.

This session was moderated by Hirofumi Ono, of Infinity Ventures Partners. In a response to his queston about how e-commerce platforms should communicate or suggest possible purchases to customers, Ozawa noted that there are three keys: curation, search, and recommendation. He elaborated:

Yahoo (Japan) is a search technology company. We’re actually using Google’s engine though. When you try to find something with a keyword like ‘TV’ on our platform, it gives you back few relevant results. This was fortunately fixed. Compared to other recommendation platforms, we have more capability to assess what pages or sites our users have browsed, and which ones can give them more relevant recommendations. We all know Amazon is very good at recommendation. But Yahoo Japan might provide better results since it has such an enormous number of active users in this country.

Yahoo News is also optimizing its interface for mobile browsing, and that may represent another chance to drive traffic to the e-commerce channel by inserting recommendations between articles. Our readers may recall news curation app Gunosy found success inserting ads between news headlines or articles.

Speaking to the recent trend of emerging ‘instant’ e-commerce platforms such as Stores.jp and Base, he encouraged retailers using these platforms to use Yahoo Shopping too, and that prompted a big laugh from the audience.

I think what Stores.jp and Base are providing are functions. I expect to give retailers ways to automate setting up a shop on Yahoo Shopping when they do that on both Stores.jp and Base. We’re a media platform, which is better at acquiring users. I think the combination of function and media will make for the best business results.

I’m skeptical if Yahoo Japan is serious about partnering with the emerging e-commerce platforms, but it is interesting to see how the platforms will generate a strong lead for their merchants.

According to the Japanese ministry of economy, trade, and industry. ↩
A serial entrepreneur who launched a second-hand book and video marketplace EasySeek, established a professional baseball team at Rakuten, and invested in many emerging startups like Star Festival, Nanapi, and Tokyo Otaku Mode. He sold his social marketing agency Crocos to Yahoo Japan back in August of 2012, and joined YJ Capital (the investment arm of Yahoo Japan) to help cultivate its investment and e-commerce businesses. ↩

news

Japanese fashion commerce site Muse＆Co passes $1M in monthly sales

Takeshi Hirano 2013.12.04

See the original story in Japanese. This is part of our coverage of the Infinity Ventures Summit Kyoto 2013 On day one of the Infinity Ventures Summit 2013 in Kyoto, I had a chance to speak with Hirotake Kubo, the CEO of Japanese fashion flash-sale commerce site Muse&Co. The startup was launched back in 2012, and raised 350 million yen (approximately $3.4 million) from several Japanese investment companies including Infinity Venture Partners back in May. According to Kubo, their monthly sales are now almost double what they were a half year ago, and have reached 100 million yen ($1 million). The Bridge: Your company has grown rapidly in the last half year. What happened? Kubo: We were only providing flash sale services, but it might not have been interesting enough for users. So we added curated content about fashion, and this helped us improve our conversion rate among our users. The Bridge: Adding curated content is not such a unique strategy to build a userbase. What was the key? Kubo: A list of items recommended by other users will not have such a great impact. So we used celebrities and asked them to recommend their favorite items on our site….

See the original story in Japanese.

This is part of our coverage of the Infinity Ventures Summit Kyoto 2013

On day one of the Infinity Ventures Summit 2013 in Kyoto, I had a chance to speak with Hirotake Kubo, the CEO of Japanese fashion flash-sale commerce site Muse&Co. The startup was launched back in 2012, and raised 350 million yen (approximately $3.4 million) from several Japanese investment companies including Infinity Venture Partners back in May.

According to Kubo, their monthly sales are now almost double what they were a half year ago, and have reached 100 million yen ($1 million).

The Bridge: Your company has grown rapidly in the last half year. What happened?

Kubo: We were only providing flash sale services, but it might not have been interesting enough for users. So we added curated content about fashion, and this helped us improve our conversion rate among our users.

The Bridge: Adding curated content is not such a unique strategy to build a userbase. What was the key?

Kubo: A list of items recommended by other users will not have such a great impact. So we used celebrities and asked them to recommend their favorite items on our site. But consumers are very smart and will only buy items if they are good. So we carefully choose people who recommend good items, and we’re not so much focused on selling our products through that effort.

The Bridge: This kind of editorial operation is expensive I’m sure. How are your finances doing?

Kubo: I think they’re reasonable. Our editorial flow is not complete. We’re outsourcing the work, and managing it at all times with consideration of how to get better results for our money.

The Bridge: Can you share any specific growth figures?

Kubo: Our userbase keeps growing 15% every month. We have 30,000 monthly downloads of our mobile app and 40,000 new visitors on desktop. The growth rate more than doubled that of half a year ago.

The Bridge: What about the number of brands on site, and the number of users?

Kubo: We’re serving almost 1,000 brands to 400,000 users right now.

The Bridge: How much more sales you can expect to see?

Kubo: Our competitors are making around 5 billion yen ($50 million). So we can probably reach 400 million yen ($4 million) on a monthly basis.

The Bridge: Any idea on how to achieve that milestone?

Kubo: I have something in my mind, but I can’t disclose it. One thing I can share is that we’re looking to get our service out of the flash commerce business. Flash commerce helps us trigger potential customers, but we need to keep providing them with trending items at all times.

The Bridge: Thanks for talking with us!

Fashion magazine-style curated content can go a long way to helping users find things they like where a simple text search will not work. So I believe some media entities will launch e-commerce platforms in the near future, which may give consumers better accessibility to a wide variety of eye-catching items.

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