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Hashable is shutting down

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Re: Hashable is shutting down

#11
People who like business cards, use business cards. I think in the future "intentional identity communication" will be moot, where people will either know who you are already, or know how to find you (FB, LinkedIn, Ravelry, etc.). If all you really need is a name and a saved contact, I can see people getting used to not carrying and exchanging stuff. "Back in olden times, your 'wallet' had like a quarter-inch of these business cards, both other peoples' and yours to hand out. Yes, we had back problems."

Re: Hashable is shutting down

#12
post #11

People who like business cards, use business cards. I think in the future "intentional identity communication" will be moot, where people will either know who you are already, or know how to find you (FB, LinkedIn, Ravelry, etc.). If all you really need is a name and a saved contact, I can see people getting used to not carrying and exchanging stuff. "Back in olden times, your 'wallet' had like a quarter-inch of thes…

You really think so? There's like billions of people out there. hmm

Re: Hashable is shutting down

#14
post #4

I still remember the big hype about Hashable. I wonder what they are pivoting to next.

Hashable's CEO mentioned on Twitter that they've been working on a "very unique mobile ad system" https://twitter.com/mikeyavo/status/223256300874764290

I can already see how unique this will be.

Re: Hashable is shutting down

#16
post #11

People who like business cards, use business cards. I think in the future "intentional identity communication" will be moot, where people will either know who you are already, or know how to find you (FB, LinkedIn, Ravelry, etc.). If all you really need is a name and a saved contact, I can see people getting used to not carrying and exchanging stuff. "Back in olden times, your 'wallet' had like a quarter-inch of thes…

I imagine a ubiquitous feature in every business smartphone that just broadcasts your vCard to nearby smartphones if you want to be contacted. Just something more comfortable than current Bluetooth vCard sharing. I say a "feature" because I think that there is no monetization opportunity in this idea. It would only look good as a standard feature.

Re: Hashable is shutting down

#17
- They raised a $4M round led by USV in 2010 (http://avc.com/a_vc/2011/03/the-hashable-pivot.html)

- The founder (http://linkedin.com/pub/michael-yavonditte/3a/919/3b6) was previously the CEO of an ad company that AOL acquired for $340M, and he's also an angel investor and partner at a VC fund -- so, he's obviously an experienced entrepreneur and has an amazing network to support him

Best of luck to everyone on the team and all in their future endeavors, but I think this just tells you how hard startups really are, esp during these crazy times.

It's a constant reminder that having all the money and connections in the world doesn't mean shit about whether you're actually going to build a strong business and end up dominating your market. Obviously, having a nice war chest and good connections will help you execute, but it's only a means to an end and still kind of superficial, and not what makes startups fundamentally succeed. Drop.io was another case in point, the founder was extremely well-connected in the tech scene and in VC circles, yet they failed and got owned by Dropbox - only thing that matters in the long-run is talent and hardcore execution.

Also highlights just how important timing/luck and product-market fit are: http://pmarca-archive.posterous.com/the-pmarca-guide-to-star...

"Markets that don't exist don't care how smart you are."

Re: Hashable is shutting down

#18
post #17

- They raised a $4M round led by USV in 2010 ( http://avc.com/a_vc/2011/03/the-hashable-pivot.html ) - The founder ( http://linkedin.com/pub/michael-yavonditte/3a/919/3b6 ) was previously the CEO of an ad company that AOL acquired for $340M, and he's also an angel investor and partner at a VC fund -- so, he's obviously an experienced entrepreneur and has an amazing network to support him Best of luck to everyone on t…

I think this is yavo's second failed startup post quigo, the ad network. He did tracked first, then hashable. I'd bet he'll do well in mobile ads though given how well he understands the space. And never underestimate the power of the right rolodex.

Re: Hashable is shutting down

#19
post #6

Earlier quoted context omitted.

It's not a pivot. It's the same team but doing a completely different company.

Do we know more about this? What's the name of the new company?

give-us-vc-paper-so-we-don't-have-to-get-real-jobs.com, has a nice ring to it!

Re: Hashable is shutting down

#20
post #18
post #17

- They raised a $4M round led by USV in 2010 ( http://avc.com/a_vc/2011/03/the-hashable-pivot.html ) - The founder ( http://linkedin.com/pub/michael-yavonditte/3a/919/3b6 ) was previously the CEO of an ad company that AOL acquired for $340M, and he's also an angel investor and partner at a VC fund -- so, he's obviously an experienced entrepreneur and has an amazing network to support him Best of luck to everyone on t…

I think this is yavo's second failed startup post quigo, the ad network. He did tracked first, then hashable. I'd bet he'll do well in mobile ads though given how well he understands the space. And never underestimate the power of the right rolodex.

Hashable was a pivot on tracked, so I suppose it is the same startup since they didn't raise more money.
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