Your examples make me think of segways...great for cops apparently...but not so awesome for domestic use cases.
1,285 karma · joined March 18, 2011
Ex-PM @ Wealthfront, Bloomberg, Fuze.
Your examples make me think of segways...great for cops apparently...but not so awesome for domestic use cases.
The walkman delivered value I couldn't get otherwise. I wanted to carry an extra device because I wanted music, and I couldn't play music otherwise. (Unless I carried a boombox on my shoulder, which some people did in awesome rap videos).
Google glass doesn't add tremendous value over what I can currently do with my phone. It takes pictures...faster...but I can already take pictures with my phone.
You want to earn? Then go earn where people will pay you what you want?
The post had nothing to do with benefits, it had everything to do with money. IF you want to make money, and you don't care about the problems you're solving, and you don't care about learning, then go work for Oracle.
Stop bitching.
Tell them it's your "crazy cousin's" idea, and that you don't think he should quit his full time job for it, but you wanted to see what other people thought of it before you got back to him. (This will make it so that they'll be more honest with you. If they know it's your idea...they'll feel bad telling you it sucks).
Are people giving you their business cards and asking you to email them when it launches? That's the litmus test, make it so that people want what you're pitching so bad that they GOTTA HAVE IT TODAY.
Otherwise, don't even bother building it.
I'll leave this here: http://marshmallowchallenge.com/TED_Talk.html
The most interesting question you ask is: "Are we going about this the right way"
That's a question we asked ourselves...A LOT. We never quite found the answer.
Social Networkin 1.0 was about connecting with people online, that you had already met in real life. (You added a friend on Facebook, because you already knew them).
The next evolution of Social Networking was about people discovery. IT was about leveraging all that data we had online about ourselves, and our friend graph, to connect with new people based on our needs. Need to connect with someone at Amazon? Need to find a date for next week? Need a new cycling buddy?
Chances are that your new professional contact/date/cycling partner are just a friend away. Manufacturing the serendipity to make you connect with them is what we envisioned.
It's really powerful if you think about it - life comes down to relationships (and I don't mean that in a pure network-y sense).
It's also extremely monetizeable. Dating websites and LinkedIn make their money off of being the gatekeeprs to new relationships. If you can build the platform that is used for all of those contexts - you have the next big thing. (And Facebook just rolled out their attempt at this, which is stumbling with problems of identity and intent, but they'll figure it out hopefully)
That was a lot fun - don't get to do that often in your life. Learned a lot from Mark that day, his composure and fluidity in conversation (holding court against three overly eager entrepreneurs) was unbelievable.
8,000 Registered Users (Growth was horrible) +1M people in our database total (after importing friends/connections)
Peak Engagement: 30% MAU 10% WAU Around 0.5% DAU (I think, this last one I'm less sure about)
Our SXSW Service was the most successful, but still not good enough : Signed up 3% of conference goers (As much as Glancee, Highlight signed up 5% of SXSW) 25% of our SXSW users logged in 3 or more times 20% of our users reached out to their matches.
I'll keep thinking through what other stats I can share.
Not sure I completely agree, though. If you're talking to people who are socializing, eating lox, and talking about how nice the weather is...coming in trying to sell an umbrella is interruptive at best.
If, however, you find a bunch of people huddled under a bus stop because they dont' have umbrella's, and are all waiting for the rain to stop....then coming in trying to sell an umbrella is genius.
It's all about targeting correctly. If a bunch of people are on Twitter complaining about how their new Ford is having alternator problems, and you run a mechanic shop that specializes in fixing them on the cheap, then you're providing value. Right?
I think it just has to do with how advertisers approach this, and how good of a job they do in crafting their copy, and their target demographic. Let's hope for our sake (and theirs), that they spend a real amount of time focused on that problem and don't mess it up.