11–20 of 74 posts
working to build out the infrastructure necessary to manage photos and videos **from what it hopes** will be hundreds of millions of users. Emphasis mine. I especially like that part. They've been tricked by their investors that they've already succeeded. That they already have won the market for photosharing apps, yet all they have is a domain name, a crummy unfinished product and a lot of PR. How can they possibly…
"Will $25 million help you get five years into one?" Can 9 women produce a baby in one month?
Because, like pregnancy, businesses can't scale with more people? I'm as skeptical as anyone about this insane valuation, but I don't see your analogy applying here.
"Will $25 million help you get five years into one?" Can 9 women produce a baby in one month?
Because, like pregnancy, businesses can't scale with more people? I'm as skeptical as anyone about this insane valuation, but I don't see your analogy applying here.
Businesses can certainly scale with more people. But this isn't a business, and to loosely paraphrase Andy Bechtolsheim at startup school this year, throwing money at problems is lazy, you should be throwing minds at problems. $41M in the bank will almost certainly be harmful at this stage of Color's development.
Also, even $41M is not going to (noticeably) speed up the surrounding ecosystem.
I'm sorry, but this is the biggest line of bullshit I've seen in a while. Here's the thing: no one saw Google early on. Google happened, more or less, organically. They implemented a better algorithm and gained a lot of users by providing better results.
Color appears to be Instagram + location awareness. Awesome. I can't wait to use it, but to call it "Google" is just ridiculous.
I'm skeptical that this product is even going to be a success -- if I'm 150' from someone, why not just walk over to them, snap a group photo, and post it to my Twitter/Facebook/Whatever -- and even more skeptical that someone like Facebook won't clone the idea, roll it out to their 500 million users. Instagram already supports location detection. How long until "near me" shows up as a feed option?
Here's the real rub. Currently, there are 143 one & two-star reviews in the App Store. There are 49 four & five-star reviews. That's not good. Anyone claiming this is the next Google is either straight up lying to generate interest (It's the Next Google!™) or has no idea what they're talking about.
"Will $25 million help you get five years into one?" Can 9 women produce a baby in one month?
Because, like pregnancy, businesses can't scale with more people? I'm as skeptical as anyone about this insane valuation, but I don't see your analogy applying here.
It is well established that certain work scales almost linearly with more people. But it is also well known that a lot of other types of work do not at all scale when you throw more people in. Usually it is intellectual tasks, like programming or turning a startup into a profitable business, that don't scale well.
Try reading the mythical man month.
I thought SearchMe and Mahalo were suppose to be the next Google?
"Will $25 million help you get five years into one?" Can 9 women produce a baby in one month?
Because, like pregnancy, businesses can't scale with more people? I'm as skeptical as anyone about this insane valuation, but I don't see your analogy applying here.