Logojoy: AI-powered logo creator • Hacker News Board

Re: Logojoy: AI-powered logo creator

#281

Post by snicky » Wed, Nov 30, 2016, 7:32 AM UTC

alain94040 wrote: post #258

mikejarema wrote: post #238

I'm curious about how the $15k/mo figure is computed. The story reads as though Logojoy more or less launched on Producthunt, which was 7 days ago. And all posts on the blog are dated Nov 15th. Finally the domain itself seems to have been listed on HugeDomains as of Oct 8th [1]. Now maybe I'm missing something, but it seems like the revenue figure is extrapolated from a small window which includes a wave of initial t…

The article says he made $450 of sales the day it launched on Product Hunt. $450 * 31 is close to $15,000.

If he made $200 in less than a minute would you say he's making close to $9M?

Re: Logojoy: AI-powered logo creator

#282

Post by grzm » Wed, Nov 30, 2016, 7:34 AM UTC

morgante wrote: post #272

grzm wrote: post #246

Earlier quoted context omitted.

From a password security standpoint, I largely agree. You can open yourself to system attacks by allowing arbitrary length input. You should have some kind of limits on any user input.

Sure, but that limit should be closer to hundreds of characters—not 9.

Agreed :)

Re: Logojoy: AI-powered logo creator

#283

Post by scosman » Wed, Nov 30, 2016, 7:35 AM UTC

mikejarema wrote: post #238

I'm curious about how the $15k/mo figure is computed. The story reads as though Logojoy more or less launched on Producthunt, which was 7 days ago. And all posts on the blog are dated Nov 15th. Finally the domain itself seems to have been listed on HugeDomains as of Oct 8th [1]. Now maybe I'm missing something, but it seems like the revenue figure is extrapolated from a small window which includes a wave of initial t…

That initial wave got them this blog post and now #1 on HN. In 2 more days they'll be up to $30k/mo, with a 4 day doubling rate!!!

In all honesty, the press -> growth -> press loop caught me up on on my first launch. When it stops, the real work starts.

Re: Logojoy: AI-powered logo creator

#284

Post by PinguTS » Wed, Nov 30, 2016, 7:37 AM UTC

rtpg wrote: post #275

johnny99 wrote: post #250

Earlier quoted context omitted.

Nonsense on stilts. Extrapolating $3500 in your first week of media-driven traffic into a $15k/mo run rate is ridiculous. Calling it "AI-powered" is a whopper too.

Extrapolation aside, making decisions automatically based off of incoming data points _is_ AI. If the interview is to be believed, almost anything you consider "AI-powered" is within one degree of what is happening here. At least on a conceptual level. AI doesn't need to be magic, it just needs to be making decisions :)

He is doing a weighted decision. But that is not AI.

AI is more complex and based on Neural Nets, Petri Nets, or alike.

But he is just applying the same logic like every webshop, or advertisement network is doing: you bought X, other people who bought X also liked to buy Y. There is a long way to make AI.

Re: Logojoy: AI-powered logo creator

#285

Post by eevilspock » Wed, Nov 30, 2016, 7:53 AM UTC

mikejarema wrote: post #238

I'm curious about how the $15k/mo figure is computed. The story reads as though Logojoy more or less launched on Producthunt, which was 7 days ago. And all posts on the blog are dated Nov 15th. Finally the domain itself seems to have been listed on HugeDomains as of Oct 8th [1]. Now maybe I'm missing something, but it seems like the revenue figure is extrapolated from a small window which includes a wave of initial t…

I just flagged this post for what clearly is a very dishonest title. The title should be changed at least, and maybe the entire post taken down, for the dishonesty.

Re: Logojoy: AI-powered logo creator

#286

Post by rspeer » Wed, Nov 30, 2016, 8:10 AM UTC

If you're still reading this: could you please allow + in the e-mail address?

I understand why you want me to sign up, but I have no idea how much e-mail you're going to decide to send me, and sending it to a plus-address allows me to filter it on my terms.

There's really no reason not to allow the + sign, unless you're going to do something nefarious with my e-mail address and you don't want me to know it was you.

Re: Logojoy: AI-powered logo creator

#287

Post by [deleted] » Wed, Nov 30, 2016, 8:25 AM UTC

johnny99 wrote: post #250

brentm wrote: post #244

Earlier quoted context omitted.

If that is accurate and the number is based on 7 days of revenue at about $500 per day average this smells a lot like growth hacking nonsense.

Nonsense on stilts. Extrapolating $3500 in your first week of media-driven traffic into a $15k/mo run rate is ridiculous. Calling it "AI-powered" is a whopper too.

[deleted]

Re: Logojoy: AI-powered logo creator

#288

Post by thewhitetulip » Wed, Nov 30, 2016, 8:33 AM UTC

scosman wrote: post #283

mikejarema wrote: post #238

I'm curious about how the $15k/mo figure is computed. The story reads as though Logojoy more or less launched on Producthunt, which was 7 days ago. And all posts on the blog are dated Nov 15th. Finally the domain itself seems to have been listed on HugeDomains as of Oct 8th [1]. Now maybe I'm missing something, but it seems like the revenue figure is extrapolated from a small window which includes a wave of initial t…

That initial wave got them this blog post and now #1 on HN. In 2 more days they'll be up to $30k/mo, with a 4 day doubling rate!!! In all honesty, the press -> growth -> press loop caught me up on on my first launch. When it stops, the real work starts.

I don't have exp in startups, but I did experience this watching the traffic of an FOSS book I have written, when the surge started, the repo was trending on Github for two days! Now it has 1.1k stars, steadily increasing over the time.

I do not count the stars as a metric of the book's quality, I value user feedback!

Re: Logojoy: AI-powered logo creator

#289

Post by rtpg » Wed, Nov 30, 2016, 9:04 AM UTC

PinguTS wrote: post #284

rtpg wrote: post #275

Earlier quoted context omitted.

Extrapolation aside, making decisions automatically based off of incoming data points _is_ AI. If the interview is to be believed, almost anything you consider "AI-powered" is within one degree of what is happening here. At least on a conceptual level. AI doesn't need to be magic, it just needs to be making decisions :)

He is doing a weighted decision. But that is not AI. AI is more complex and based on Neural Nets, Petri Nets, or alike. But he is just applying the same logic like every webshop, or advertisement network is doing: you bought X, other people who bought X also liked to buy Y. There is a long way to make AI.

If you pull out old AI books, they're all about search spaces and agent systems. Basically an abstraction of graph search.

Your definition requires calling the first couple generations of AI research "not AI". And I would most definitely call recommendation engines Artifical Intelligence (what is Google?)

To paraphrase an old quote "AI stops being AI when people start understanding how it works".

Re: Logojoy: AI-powered logo creator

#290

Post by andruby » Wed, Nov 30, 2016, 9:08 AM UTC

dawsonwhitfield wrote: post #2

Hey guys - Dawson here (founder) let me know if you have any questions about Logojoy / the story.

Hey Dawson. I'm trying to create an account on logojoy, but it looks like you're blocking emails with a + (plus) sign as invalid. This bugs me, as I like to give each app a unique email address.