41–50 of 211 posts
Seriously though, this is great. I'm looking forward to seeing what happens next. Hoping to experiment on the journalism front there.
Not that I'm accusing Dalton of doing this, but when croudfunding without using a platform like kickstarter, it might be too easy to fake backer numbers in order to meet the goal or inflate popularity. What this means for the future: Companies will announce croudfunding and then fake amazing numbers in order to appear popular and gain lots of press. I can see the headline now: "ACME Software raises $3 million in firs…
It's an interesting point, if you look at the video statistics it has only had 31,000 plays which means for every 4 people that watch the video at least 1 spends $50. However, Stripe has access to their payment info so it's possible to prove whether or not this is faked. Actually, that's an interesting question: would it be fraud to fake the last $xxx,xxx of a crowd sourcing drive?
A centralized social network is what's wrong. Despite their best intentions they're still going to have all their users and developers by the balls. This absolutely will not replace Facebook or Twitter, it'll be just another one of the dozens of copycats like Path. What really needs to happen is an open decentralized protocol needs to be agreed upon for newsfeeds + blog posts (wordpress) + microblog (twitter). Then e…
A centralized social network is what's wrong. Despite their best intentions they're still going to have all their users and developers by the balls. This absolutely will not replace Facebook or Twitter, it'll be just another one of the dozens of copycats like Path. What really needs to happen is an open decentralized protocol needs to be agreed upon for newsfeeds + blog posts (wordpress) + microblog (twitter). Then e…
Earlier quoted context omitted.
I think we'll definitely see a lot of attempts, but I don't know if many will have much success. It's very similar to Louis C.K.'s online video. While his video was successful, it only worked because he'd already established a name for himself. Other, lesser known, comedians will have a hard time replicating that because they don't have the brand already. If first-time entrepreneurs try and use crowd-funding, I just…
That's true for every type of funding, though.
Not that I'm accusing Dalton of doing this, but when croudfunding without using a platform like kickstarter, it might be too easy to fake backer numbers in order to meet the goal or inflate popularity. What this means for the future: Companies will announce croudfunding and then fake amazing numbers in order to appear popular and gain lots of press. I can see the headline now: "ACME Software raises $3 million in firs…
I'm genuinely surprised, I didn't believe it would make it this far. I've backed it and I really hope it delivers, it's going to be very interesting to see how this turns out. I feel sceptical (because the value in Twitter is the people, not the platform) but I was also sceptical that this would ever reach $100,000, let alone $500,000, so clearly any assumptions previously made are wrong.
Now I can see a problem arising if they take outside investment.