If Mahalo has been such a loved product with versions 1.0, 2.0 and 3.0 why are they basically scrapping all of it and releasing a new product? It must be hilarious being an investor and seeing entrepreneurs pitch so confidently with ideas and then the next week see them something almost entirely different and totally confident in that. Oh right if you pivot it's okay.
"If you remove the video revenue sharing scheme from Mahalo 4, you’re left with a ballooning group of in-house staff members that are creating content. Mahalo version 1 started exactly the same way. Large groups of people were hired in-house to generate written articles and cull popular hyperlinks. Shortly thereafter, Mahalo 2 relied on offshore outsourcing and then inexpensive remote American labor to mill content.
When thought of in this light with a view of Mahalo’s history, it starts to become clear that Mahalo 4 is an iteration that has already occurred. Mahalo is iterating over itself. Partly due to the fact that they have enough money to do so, partly because the revolving door of staff members hasn’t experienced previous iterations and partly because online video is simply making money for content companies at the moment."