App.net funded with $500,000.
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App.net funded with $500,000.
1–10 of 211 posts
Re: App.net funded with $500,000.
#2Is this going to inspire more companies / startups to go the crowdfunding route? (I think so). How many companies are going to now cite: "App.net style" of pre-launch efforts? Is this a good or a bad thing?
This is a whole new era, either way. Congrats to the App.net team!
Re: App.net funded with $500,000.
#3I've been using the alpha for the past days and it's really refreshing. Interesting discussions, and the API that is shaping up, looks really good. Congratulations and thanks Dalton.
Re: App.net funded with $500,000.
#4I love this. In years past, Dalton and his team were able to raise millions in funding from a top-tier venture capital firm. But raising $500,000 in revenue from his target customers, that's a whole different ball game! Super excited to see where this goes. Congratulations to Dalton and the whole team!
Re: App.net funded with $500,000.
#5I was a huge doubter on day one - the initial video and manifesto seemed confusing and too abstract to fly - but seeing Dalton handle intensive negativity (even some from me, I'm a bit ashamed to admit) with such aplomb won me over. Seeing his frequent updates with progress, even before the $500k mark, was a great confidence booster.
Every cent well deserved. I was a supporter, and I look forward to helping build app.net in to something amazing.
Re: App.net funded with $500,000.
#6I'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.
Re: App.net funded with $500,000.
#7To have funded something in which users are going to be first class citizens feels remarkably refreshing.
Re: App.net funded with $500,000.
#8Not 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 first 24 hours!" Actual funds raised: $250.
Re: App.net funded with $500,000.
#9I was a huge doubter on day one - the initial video and manifesto seemed confusing and too abstract to fly - but seeing Dalton handle intensive negativity (even some from me, I'm a bit ashamed to admit) with such aplomb won me over. Seeing his frequent updates with progress, even before the $500k mark, was a great confidence booster. Every cent well deserved. I was a supporter, and I look forward to helping build app…
This is very much how my experience with App.net has been. I was a non-believer, but seeing how Dalton handled things has turned me into a major fan of his.
Re: App.net funded with $500,000.
#10Is this going to inspire more companies / startups to go the crowdfunding route? (I think so). How many companies are going to now cite: "App.net style" of pre-launch efforts? Is this a good or a bad thing? This is a whole new era, either way. Congrats to the App.net team!
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 don't see catching unless the product is truly awesome (think Pebble).