Live data from Hacker News

7 Months Into My 2nd Stint as a Startup CEO

blog.socialmedian.com

1–10 of 16 posts

Re: 7 Months Into My 2nd Stint as a Startup CEO

#3
@augustus -- I encourage you to "dig" a little deeper. socialmedian = social news meets the social graph. Very different from Digg, although our roots are from their foundation. What we're trying to do here is personalized news at the topical level -- more about "me" informed by "we" vs. just a popularity contest. Poke around and would love your feedback.

Re: 7 Months Into My 2nd Stint as a Startup CEO

#5
post #2

I love his execution advice and I have bookmarked it. The only problem is the site is no different than digg.

There certainly are a lot of digg clones nowadays. I wonder if it will be like search where everyone thinks it's a crowded market for a solved problem and then someone with an actually intelligent algorithm comes along and mops up.

Re: 7 Months Into My 2nd Stint as a Startup CEO

#6

@augustus -- I encourage you to "dig" a little deeper. socialmedian = social news meets the social graph. Very different from Digg, although our roots are from their foundation. What we're trying to do here is personalized news at the topical level -- more about "me" informed by "we" vs. just a popularity contest. Poke around and would love your feedback.

You are currently forcing people to create an account to see anything besides the Digg-like front page. I recommend you let people explore around before forcing them to sign in. If you really do have something that's different than Digg, you have to let potential users see it.

Re: 7 Months Into My 2nd Stint as a Startup CEO

#7
post #2

I love his execution advice and I have bookmarked it. The only problem is the site is no different than digg.

I was thinking the same thing-- the article made me feel a bit guilty for not liking SocialMedian when I alpha-tested it.

Re: 7 Months Into My 2nd Stint as a Startup CEO

#8
post #6

@augustus -- I encourage you to "dig" a little deeper. socialmedian = social news meets the social graph. Very different from Digg, although our roots are from their foundation. What we're trying to do here is personalized news at the topical level -- more about "me" informed by "we" vs. just a popularity contest. Poke around and would love your feedback.

You are currently forcing people to create an account to see anything besides the Digg-like front page. I recommend you let people explore around before forcing them to sign in. If you really do have something that's different than Digg, you have to let potential users see it.

Yes, we agree. We are working to get rid of all the registration requirements. It was just a holdover from our alpha.

Re: 7 Months Into My 2nd Stint as a Startup CEO

#9
post #2

I love his execution advice and I have bookmarked it. The only problem is the site is no different than digg.

I was thinking the same thing-- the article made me feel a bit guilty for not liking SocialMedian when I alpha-tested it.

@Michael -- give it another whirl. We've gone a lot past the initial alpha features. Our repeat usage is very high right now -- about 30% of users returning daily.

Re: 7 Months Into My 2nd Stint as a Startup CEO

#10

Wow. $40K/month burn? 11 developers? That's a tight budget?

with 12 people $40k/month total burn is like paying each person around $30k/year annual salary when you factor in other expenses like equipment, telecom, travel, etc. So yeah, that's pretty tight.
Post reply on HN