Don't worry, if Apple acquires them (like they did their last company, Lala) then Gruber will suddenly realize how revolutionary the idea is.
At least now we know why Color really got that funding
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Re: At least now we know why Color really got that funding
#12Earlier quoted context omitted.
They really said that? That's just utterly delusional in a Wired on push as the future stylee. Anyways, to get at that real world data they crave, they're gonna need tons of users, and if they ever get even one tenth of a percent of what Google has I'd be shocked.
The hyperbole around Color sorta reminds me of another revolutionary product from a decade ago: http://www.usatoday.com/tech/news/2001/12/03/here-it-is.htm
soon it will be all the rage among mall cops.
Re: At least now we know why Color really got that funding
#13Not to mention that most 'mobile' photos are 'geotagged' with the GPS coordinates.
I think this 'data mining' revelation could just well be the 'death knell' ?
Re: At least now we know why Color really got that funding
#14It's interesting that in a different article, I think it's Sequoia that said something along the lines of "something as revolutionary as this comes around once a decade. It's the next Google". Seems like the goal of color is to aggregate vast amounts of real world data, like the Google of physical life.
Endgame: Real life Control-F
Re: At least now we know why Color really got that funding
#15Don't worry, if Apple acquires them (like they did their last company, Lala) then Gruber will suddenly realize how revolutionary the idea is.
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Re: At least now we know why Color really got that funding
#16They got the funding because the investors think there's a small but non-zero chance that Color will become "the next twitter/facebook". The ROI could be 100 fold.
This is almost the opposite strategy to Yuri Milner, who is spreading his bets out over many companies. However, this strategy is no less valid. I say almost because the investors can make many (tens of) bets this size and still succeed in making money.
Re: At least now we know why Color really got that funding
#17They got the funding because the investors think there's a small but non-zero chance that Color will become "the next twitter/facebook". The ROI could be 100 fold. This is almost the opposite strategy to Yuri Milner, who is spreading his bets out over many companies. However, this strategy is no less valid. I say almost because the investors can make many (tens of) bets this size and still succeed in making money.
Considering Twitter isn't turning a profit yet, I'm not so sure that "the next Twitter" is such a great thing to invest in.
Re: At least now we know why Color really got that funding
#18[deleted]
Re: At least now we know why Color really got that funding
#19[deleted]
Re: At least now we know why Color really got that funding
#20What a lame commentary. He's surprised why? What about google search, gmail, facebook and twitter? When the "product" is free, YOU are the product.