.. and writing fluffy Pro India PR tripe, probably copy/pasting straight from Vivek's lappy. Dunno, the writing in that TechCrunch article seems too.. intelligent for her style. #wereadtwittersoyoudonthaveto
What precious Sarah Lacy does NOT say is, they start at five in the FUCKING MORNING, when decent people are just going to bed. #wereadtwittersoyoudonthaveto
@ms_priestypants: Oh, I want a mini elephant! Have you seen the mini donkey though? Much more affordable and can be used for hauling around tiny amounts of luggage.
iLike was propped up by its nepotistic relationship with Facebook -- Ali and Hadi's relationships with Sandberg are well known. She used her influence to make them a "Great App" and what happens to them? They get bought by MySpace. Now MySpace owns Facebook's Great App.
structuring a company for flipping (as is typically the unsaid case of those businesses who lack an obvious revenue channel) dooms it to failure if it does not create a direct threat for those businesses that do have such a channel.
First question that any investor should ask: What is your business model? Second question: What is your exit strategy? Unless both have practical answers that are easy to understand...hey, I've got this great thing you should get in on!
@prsiii: iLike's business pitch to the investors must have been, "Hey, we're're just like Last.fm. Except lamer. And with less than half the number of registered users. Please invest in us, we are the future."
A lot of the exact same mentality as in 1999. People who don't know jack about either the web or basic consumer behavior predicting wild successes from business models that don't really exist, the companies being espoused getting caught up in all that praise themselves, but neither consumers nor revenue ever really developing. And in hindsight, it's always obvious. "Who the hell would even think you could make money off a Facebook widget??"
It still amazes me that so many people look at companies like this, see that they are trying to do something that's popular in real life somewhere on the internet and therefore think they've got it made. Hey, lots of people eat too, so maybe I'll be the Facebook Farmer. I'll have a farm and put it on Facebook. I should be a billionaire, right? It's automatic!
@badasscat: I agree with you on most your statement. However, there has to be a link between User-populated content and advertising dollars. The first designer that can bridge that gap in a social network type of forum wins the game.
I was just saying earlier to a few of our Gizmodo guys, "Hey remember when Facebook widgets and apps were the shit? What ever happened to those things?"
I guess the answer was nothing, back to my twitter follow me if you'd like @blakeley LOLZ!
@blakeley: What happened to them was they were way to effective and they were put on page two of your Facebook profile. Now the only ones that really are scaling are casual games from Zynga.... how long before Facebook buys that company--or launches their own games--is anyone's guess.
There is only one platform you should trust your business on: the interwebs. Building a business on Facebook or the iPhone is a recipe for disaster.
11/16/09
(Sarah Lacey spews Pro-India Anti-China piece while on Wadhwa's Camel)
[mindtaker.blogspot.com]
.. and writing fluffy Pro India PR tripe, probably copy/pasting straight from Vivek's lappy. Dunno, the writing in that TechCrunch article seems too.. intelligent for her style. #wereadtwittersoyoudonthaveto
11/07/09
11/06/09
10/07/09
10/07/09
10/08/09
@pony_express: Demi Moore already beat you to it.
08/28/09
08/20/09
08/18/09
First question that any investor should ask: What is your business model? Second question: What is your exit strategy? Unless both have practical answers that are easy to understand...hey, I've got this great thing you should get in on!
08/18/09
08/18/09
08/18/09
A lot of the exact same mentality as in 1999. People who don't know jack about either the web or basic consumer behavior predicting wild successes from business models that don't really exist, the companies being espoused getting caught up in all that praise themselves, but neither consumers nor revenue ever really developing. And in hindsight, it's always obvious. "Who the hell would even think you could make money off a Facebook widget??"
It still amazes me that so many people look at companies like this, see that they are trying to do something that's popular in real life somewhere on the internet and therefore think they've got it made. Hey, lots of people eat too, so maybe I'll be the Facebook Farmer. I'll have a farm and put it on Facebook. I should be a billionaire, right? It's automatic!
08/18/09
08/18/09
I guess the answer was nothing, back to my twitter follow me if you'd like @blakeley LOLZ!
08/18/09
There is only one platform you should trust your business on: the interwebs. Building a business on Facebook or the iPhone is a recipe for disaster.
08/18/09
08/18/09
08/18/09
08/18/09
05/11/09
05/11/09
05/11/09