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WeWork acquires Meetup.com

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Re: WeWork acquires Meetup.com

#11
post #2

Does this mean that meetup.com will actually stop being terrible now? They've been stagnating and coasting on their market share for years.

These Eventbrite callouts are one of my very favorite internet idiocies: https://www.meetup.com/sf-DevOps/events/244362411/

I don't know if this is market failure or what, but if anybody wants to create a better replacement HMU.

Re: WeWork acquires Meetup.com

#12
post #10

This seems like yet another example of how tech’s ridiculous focus on ambition and growth are going to kill something that’s just fine the way it is. I’m a fan of Meetup.com, and it sounds like they are/were self-sufficient, but suddenly the cofounder and CEO thinks they need to grow to a “billion members”. Sad.

I'm also a fan of Meetup.com. Based on the article, I don't think Scott necessarily wants to have a billion members. Instead, he doesn't want to go out of business because Facebook takes over their industry. Meetup is fairly independent and hasn't raised a lot of money. A competitor to Meetup that doesn't charge for groups (initially) and has huge resources to develop features and conduct marketing could kill them. I think Scott thought he needed to prioritize surviving, providing jobs and continuing his political activism. If that is the case, becoming more ambitious is a survival strategy. It's disappointing but not the usual tech exit.

Re: WeWork acquires Meetup.com

#13
post #11
post #2

Does this mean that meetup.com will actually stop being terrible now? They've been stagnating and coasting on their market share for years.

These Eventbrite callouts are one of my very favorite internet idiocies: https://www.meetup.com/sf-DevOps/events/244362411/ I don't know if this is market failure or what, but if anybody wants to create a better replacement HMU.

I've run hundreds of events through refreshmiami and the garbage ticketing system meetup gave us years ago made us rely on eventbrite. We get way better email tools and analytics on eventbrite. From my org alone, meetup has lost out on thousands of $ in fees.

As for building a new one, would be interesting to explore which angle on the market do you tackle? Eventbrite? FB groups? etc.

Re: WeWork acquires Meetup.com

#15
I've used Meetup a ton, as an organizer and as a user, so I'm a little nostalgic about the good old days - but they've been over for some time.

I think EventBrite really put a dagger into Meetup five years ago or so, and proved that what customers actually want is not another social network but just a best-of-breed ticketing/booking/rsvp tool. I think Meetup tried for a while to pretend this was not the case, despite the evidence of groups fleeing their platform.

Interestingly, it's not just b/c organizers want to get paid. In my experience the only way to get people to reliably show up for an event is to get them to pay (even a nominal amount) and payments were just a bolted-on afterthought for Meetup.

I have some doubts that Facebook will come to dominate this niche, particularly when it comes to professional meetups/groups as many people keep their FB network and their professional network quite separate.

Re: WeWork acquires Meetup.com

#16
post #11

Earlier quoted context omitted.

These Eventbrite callouts are one of my very favorite internet idiocies: https://www.meetup.com/sf-DevOps/events/244362411/ I don't know if this is market failure or what, but if anybody wants to create a better replacement HMU.

I've run hundreds of events through refreshmiami and the garbage ticketing system meetup gave us years ago made us rely on eventbrite. We get way better email tools and analytics on eventbrite. From my org alone, meetup has lost out on thousands of $ in fees. As for building a new one, would be interesting to explore which angle on the market do you tackle? Eventbrite? FB groups? etc.

You make me wonder if Eventbrite might be that solution, do they not have groups?

Still, a better one might exist, and since there's no friendsters on Meetup (tmk) switching costs are lower if people only need to create an account and join a group (i.e. where Meetup pretty much stopped developing).

Re: WeWork acquires Meetup.com

#20
post #16

Earlier quoted context omitted.

I've run hundreds of events through refreshmiami and the garbage ticketing system meetup gave us years ago made us rely on eventbrite. We get way better email tools and analytics on eventbrite. From my org alone, meetup has lost out on thousands of $ in fees. As for building a new one, would be interesting to explore which angle on the market do you tackle? Eventbrite? FB groups? etc.

You make me wonder if Eventbrite might be that solution, do they not have groups? Still, a better one might exist, and since there's no friendsters on Meetup (tmk) switching costs are lower if people only need to create an account and join a group (i.e. where Meetup pretty much stopped developing).

No, they don't have groups and each meeting on Eventbrite is a separate event, which makes it difficult to see past meetings.
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