The Last Goodbye
21–30 of 82 posts
Re: The Last Goodbye
#22Re: The Last Goodbye
#23Re: The Last Goodbye
#24Path was very popular in Indonesia when I visited a few years ago. I guess people just switched to other social networks like Instagram. I wonder whether people will have moved on from Instagram in 10 years.
I heavily believe social networks will always be cyclical, as people always want excitement. A new social network launches, everyone gets excited for something new and different, it grows to the point where your grandma and your teachers or kids are on it too, you lose the excitement and start looking for the next "entertainment". The world is moving faster than ever with entertainment and attention spans. Facebook i…
- the difficulty of changing services for the technically challenged.
- Facebook's technical prowess (much different than MySpace was)
- Facebook's variety outside of a pure social network (they are a news app, craiglist/classifieds, meetup/events, Picasa 10.0/photo app, messenger, and a myspace clone, all rolled into one, with new services added all of the time). Probably missed something else.
Re: The Last Goodbye
#25Earlier quoted context omitted.
This provides more context: https://techcrunch.com/2018/09/17/rip-path/
Crazy that they turned down a $100M+ offer from Google in their first year.
I remember when zuckerberg turned down $1B from yahoo and I couldn’t believe how stupid and greedy he must be to turn that down.
Re: The Last Goodbye
#26Also, I don't remember how much he had to pay for the path.com domain, but it was a laughable amount (I can't find it rn)
Re: The Last Goodbye
#27Never forget this about Path's founder: http://jesuschristsiliconvalley-blog.tumblr.com/post/4653927... Also, I don't remember how much he had to pay for the path.com domain, but it was a laughable amount (I can't find it rn)
Re: The Last Goodbye
#28Earlier quoted context omitted.
Thought their initial pitch was an ad free social network?
It was. Turns out that’s really hard to do.
Note that that was written when they had taken $435,000 in VC, and now they're up to $11M: https://www.crunchbase.com/organization/ello-inc
Re: The Last Goodbye
#29Earlier quoted context omitted.
Ello is still operating, though its social aspect is fading. The founders' initial plan was to create an artists' and designers' platform, and they've pivoted hard back in that direction over the past couple of years.
Thought their initial pitch was an ad free social network?
That orientation allowed them to make additional pledges, including ad-free and no tracking, and yes, they did pledge that. But the SNpivot came after the initial interest boom in September, 2014.
From Crunchbase: "Ello was originally built as a private social network. Over time, so many people wanted to join Ello that we built a public version of Ello for everyone to use."
https://www.crunchbase.com/organization/ello-inc#section-ove...
An early interview with Paul Budnitz (founder):
https://www.businessinsider.com/interview-with-ello-founder-...
I've cooled on the site myself, though think it might work, in its niche.
Re: The Last Goodbye
#30A great example of how the better product doesn't always win. There are just too many factors (like timing and network effects in this case).