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Threewords.me is up for private auction

sale.threewords.me

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Re: Threewords.me is up for private auction

#61

Post by Tyrant505 »

pizzaman wrote: post #58
BrandonWatson wrote: post #50

If anyone ever questions the value of the idea versus the value of execution, use this as a cuationary tale. Here's my post outlining this very idea from 2 years ago: http://www.manyniches.com/n00b-notes/my3words/ 2 years. I even registered the domain my3words.com. What did I do with it? Not much. I have no idea if Mark saw my post or not. I kind of hope he did, so that I can feel a little better about not executing.…

The whole "ideas are worth nothing" never made a lot of sense.

You know that's not what he's saying/implying right? edit: Okay did a double take: What determines if it was the idea or execution?

Re: Threewords.me is up for private auction

#62

Post by fookyong »

melvinram wrote: post #44

Have you considered going to a larger company/brand like Dove and getting them to buy it? Your audience seems right in line with their audience and they probably already have a budget for "social media marketing". A good way to reach them might be a big-brand social media consultant like VaynerMedia.com. They could facilitate the sale and make a commission on the amount. I know someone who knows Gary over at Vayner s…

I just think having a simple private auction without attracting the right parties to the table might not get you the maximum the site could get. Just my thought.

Obviously this is true, but it's arguably the quickest.

If Mark wants to flip it quickly to focus on other projects, getting drawn into a negotiation with commission-earning middlemen and lawyers who probably need to respect some formalized DD process, is probably counter-productive.

Re: Threewords.me is up for private auction

#64

Post by patio11 »

markbao wrote: post #57
melvinram wrote: post #44

Have you considered going to a larger company/brand like Dove and getting them to buy it? Your audience seems right in line with their audience and they probably already have a budget for "social media marketing". A good way to reach them might be a big-brand social media consultant like VaynerMedia.com. They could facilitate the sale and make a commission on the amount. I know someone who knows Gary over at Vayner s…

Hey Melvin — thanks for the suggestions! The only thing I'm not sure about is why a general brand would want a threewords.me-like property under them. What's a brand's motive for acquiring properties such as mine? Yeah, probably true that it's not the best exposure. TechCrunch just picked it up ( http://techcrunch.com/2011/01/17/weeks-after-going-viral-thr... ) but selling in a simple private auction is only one step…

It proves to someone's bosses that they get this whole social media thing.

Re: Threewords.me is up for private auction

#65

Post by desigooner »

I'm not sure of how big the bids are so far but have you thought of open sourcing it?! The traffic is exhibiting decay as time goes by and only would be a while before it hits the graveyard. Might as well give others a chance to learn something from this project and tweak it to their ideas and relaunch it in some form.

just my 0.02$

Re: Threewords.me is up for private auction

#66

Post by makeee »

Does anyone know how much the 253,000 email addresses (userbase of threewords) could be worth to a company that runs another social platform?

I imagine that, regardless of whether threewords continues to grow, a related service (like formspring) could add threewords functionality to their own service, then email the threewords userbase letting them know what's up, and re-engaging them..

Is the response rate for those kind of emails pretty good, or would that not be a huge factor in the sale price?

Re: Threewords.me is up for private auction

#67

Post by blhack »

markbao wrote: post #24
pclark wrote: post #13

I wish the publication logos lit up when you mouse over'd on them. Just me?

Me too, but I only had 30 minutes to make that page. Ton of work today.

Please don't take offense to this, Mark, but if you only have 30 minutes to work on this, then your priorities are very much in the wrong place.

You're talking about doing something that could make you real-world money that goes in the bank. Spend all of your time selling threewords, then use the money from that to fund your other ideas. Being "too busy" means that you're doing something wrong.

Re: Threewords.me is up for private auction

#68

Post by ttrashh »

BrandonWatson wrote: post #50

If anyone ever questions the value of the idea versus the value of execution, use this as a cuationary tale. Here's my post outlining this very idea from 2 years ago: http://www.manyniches.com/n00b-notes/my3words/ 2 years. I even registered the domain my3words.com. What did I do with it? Not much. I have no idea if Mark saw my post or not. I kind of hope he did, so that I can feel a little better about not executing.…

Wow. That is definitely a wake up call to execute. Motivates me to finish some hanging ideas. I'd love to see Mark's comment on this.

Nice work on phone 7 btw. I really enjoy it. I just wish scrolling performance wasn't so damn hard to get right. Since I wouldn't normally get your attention how do you go about getting an app featured in the marketplace? [whoring] My latest app isn't the most awesome thing ever but it's fun for kids and it tombstones correctly. http://wp7.apphab.com/sticker-draw-by-ideaindustries-net/ [/whoring]

Re: Threewords.me is up for private auction

#70

Post by Charuru »

pizzaman wrote: post #58
BrandonWatson wrote: post #50

If anyone ever questions the value of the idea versus the value of execution, use this as a cuationary tale. Here's my post outlining this very idea from 2 years ago: http://www.manyniches.com/n00b-notes/my3words/ 2 years. I even registered the domain my3words.com. What did I do with it? Not much. I have no idea if Mark saw my post or not. I kind of hope he did, so that I can feel a little better about not executing.…

The whole "ideas are worth nothing" never made a lot of sense.

I never got the hacker obsession with idea vs execution. It seems fairly obvious to me that you need both to succeed?
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