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TrustFabric - Most ambitious startup ever

tylerreed.com

31–40 of 57 posts

Re: TrustFabric - Most ambitious startup ever

#31
post #30
post #22

Earlier quoted context omitted.

There's Tracey Davis ambitious, there's Draco Malfoy ambitious, and then there's Harry James Potter-Evans-Verres ambitious. The top end of the scale isn't "start an new OS business", it's things like molecular nanotechnology or self-improving artificial intelligence.

> "start an new OS business" Is that "an new" an error or some obscure rule I don't know about.

He wrote the "new" afterwards.

Re: TrustFabric - Most ambitious startup ever

#32
post #26

Sit down 100 randoms from off the street, ask them if "companies having your data up to date" is a big problem for them. The ask them how high up their list this problem is, if of course it actually is. My money is on "not very high".

I think this is a bit too cynical.

If I understand this right - not only do you avoid having to fill out the same address forms over and over for different services, you avoid the monumental task of making sure all of your information is up to date on major life events like moving, marriage, etc.

If I could avoid typing my shipping addresses in every online order form sourced from a trusted place (browser auto-fill is shit), I'd use the service in a heartbeat. Only updating one service when I move apartments? Sign me up.

Re: TrustFabric - Most ambitious startup ever

#33
Bad idea. I don't like to even fill out my census form and they would like to sync my info with corps? No. There's more to it that trust, and overall it doesn't seem to fix any need I have. For the general population, I see one immediate benefit: for people on the move, managing change of address and keeping their mail flowing to the proper place is important. It seems that the post-office can do that for you though at a small premium and re-direct every piece of mail. So what exactly does this offer that we need?

Re: TrustFabric - Most ambitious startup ever

#34
post #14

Starting a private space organisation is ambitious. Starting a new operating system business is ambitious. Starting a CRM variant in which the customers manage their details for you is... Ambitious, I suppose, but the title of this submission is definitely hyperbolic.

Of course, the very first sentence qualifies that statement with "... out of South Africa". I'm not an expert on South African companies, but I imagine that it's far less unlikely to be true with that qualification.

Re: TrustFabric - Most ambitious startup ever

#35
post #14

Starting a private space organisation is ambitious. Starting a new operating system business is ambitious. Starting a CRM variant in which the customers manage their details for you is... Ambitious, I suppose, but the title of this submission is definitely hyperbolic.

Also, the idea of centralized privacy preferences has been around since at least the late 90's, and was abandoned in 2006. See: http://www.w3.org/P3P/

Re: TrustFabric - Most ambitious startup ever

#36
I think Thawte was a much more ambitious startup to come out of South Africa.

Thawte was founded in 1995 by Mark Shuttleworth in South Africa and was originally run from Shuttleworth's parents' garage. It became the second largest public certificate authority on the Internet and sold for hundreds of millions of USD within a few years.

Re: TrustFabric - Most ambitious startup ever

#38
Just out of interest, but how big do you estimate the South African market size to be for this? And if looking at it globally, would Americans be will to trust personal data to a South African business or any business for that manner? Especially in light of the recent coups by Anon and Lulz? Btw South African too!

Re: TrustFabric - Most ambitious startup ever

#39
post #22
post #14

Starting a private space organisation is ambitious. Starting a new operating system business is ambitious. Starting a CRM variant in which the customers manage their details for you is... Ambitious, I suppose, but the title of this submission is definitely hyperbolic.

There's Tracey Davis ambitious, there's Draco Malfoy ambitious, and then there's Harry James Potter-Evans-Verres ambitious. The top end of the scale isn't "start an new OS business", it's things like molecular nanotechnology or self-improving artificial intelligence.

Speaking of Harry James Potter-Evans-Verres, come on! It's been almost two months! I need my HPMoR fix ;-)

Re: TrustFabric - Most ambitious startup ever

#40
post #23

This requires me not just to absolutely trust trustfabric, but to trust that they're security is bulletproof and that their identity reclamation mechanisms such carefully engineered paragons defence in depth. Given their admittedly very clear privacy policy does not rule out selling your information in aggregate or in detail nor changing the policy without explicit notification they've fallen before the first hurdle.…

It is nearly impossible to come up with a sustainable business model for that (assuming you can even get traction!).

We've talked about doing something similar, but if we do, it will be a byproduct of our primary product becoming successful, so we have something to pay the bills.

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