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Justin.tv guys launching new mobile video app Socialcam

socialcam.com

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Re: Justin.tv guys launching new mobile video app Socialcam

#21

Post by [deleted] »

elvirs wrote: post #18
ericmsimons wrote: post #14

Earlier quoted context omitted.

Welcome to the current world of web 2.0. Justin.tv will either figure out how to become profitable or will be bought out by an already profitable company. Probably the latter, but time will tell. Either way their technology is worth millions and that would be a hot sell. I have a lot of respect for Justin.tv's founders/team. If you're going to be pessimistic, please be pessimistic because of a valid point. HN is a gr…

I said nothing about the founding team, and I hope their next project will work out great, but video streaming bandwagon (which started with justin.tv) is defacto overhyped and underperforming industry. anyways, goodluck.

[deleted]

Re: Justin.tv guys launching new mobile video app Socialcam

#22

Post by elvirs »

elvirs wrote: post #18
ericmsimons wrote: post #14

Earlier quoted context omitted.

Welcome to the current world of web 2.0. Justin.tv will either figure out how to become profitable or will be bought out by an already profitable company. Probably the latter, but time will tell. Either way their technology is worth millions and that would be a hot sell. I have a lot of respect for Justin.tv's founders/team. If you're going to be pessimistic, please be pessimistic because of a valid point. HN is a gr…

I said nothing about the founding team, and I hope their next project will work out great, but video streaming bandwagon (which started with justin.tv) is defacto overhyped and underperforming industry. anyways, goodluck.

in terms of revenue underperforming, of course it grows like crazy because everybody uses it to stream paid tv channels. go on google and search for soccer games that are not broadcasted on free channels and you will see the growth. anyways, i dont see a point in this discussion anymore.

i am out. (btw, keep downvoting :) )

Re: Justin.tv guys launching new mobile video app Socialcam

#24

Post by ABrandt »

markessien wrote: post #5

These guys are very impressive, and that they are so innovative around video is really nice. The Justin.tv guys really took off after they closed down Kiko. I think that this goes to show that the wrong market and the wrong concept can hold back people, but once they are in big growth markets, creative people really get to shine like these guys have been doing for the past years. Just the sign-up referral thing is pr…

Just the sign-up referral thing is pretty innovative. I referred one person and I'm #26 on the list, so at least 25 people have referred at least one other person? That's not bad.

To be fair, the waiting list with referral incentives was discussed a couple weeks back. It appears that a startup called Forkly started it, and then the infamous hipster popularized it.

Ref: http://news.ycombinator.com/item?id=2096406

Re: Justin.tv guys launching new mobile video app Socialcam

#25

Post by pg »

elvirs wrote: post #10
ericmsimons wrote: post #6

Earlier quoted context omitted.

Is that sarcasm? I think Justin.tv's guys have made some realy progress as far as online video goes. They're pioneers. I'm sure they have some great stuff planned for mobile!

yeah they have developed pioneering technology but they failed to build a profitable company, which is what matters if you take funding and present yourself a company.

As someone who funded them, I disagree with you. What investors are looking for is scale combined with profitability. Often the best way to achieve that is to optimize for scale first, as Google did.

It's easy to "build a profitable company." Just start an unambitious service business with low costs. But it is much harder to start from that and add scale than to start from scale and add profitability.

Re: Justin.tv guys launching new mobile video app Socialcam

#27

Post by staunch »

pg wrote: post #25
elvirs wrote: post #10

Earlier quoted context omitted.

yeah they have developed pioneering technology but they failed to build a profitable company, which is what matters if you take funding and present yourself a company.

As someone who funded them, I disagree with you. What investors are looking for is scale combined with profitability. Often the best way to achieve that is to optimize for scale first, as Google did. It's easy to "build a profitable company." Just start an unambitious service business with low costs. But it is much harder to start from that and add scale than to start from scale and add profitability.

It's also pretty easy to create a large scale business by taking shortcuts like streaming copyrighted content. Look at Grooveshark, Stage6, or any of the hundreds of popular torrent sites.

For someone who's used to creating normal web products it's shocking to see how fast a site can grow with copyrighted content.

It's not "make something people want" it's "give people what you already know they want but can't get for free".

Re: Justin.tv guys launching new mobile video app Socialcam

#29

Post by strayer »

chollida1 wrote: post #20
goldmab wrote: post #19

Earlier quoted context omitted.

Do people disagree? You read words by looking at the whole shape, and it has the same shape. I thought that's what it said when I first saw it.

I didn't down vote you but I'd imagine the down voting wasn't for disagreement with you, but rather, because your statement doesn't seem to add much value to the conversation.

I think that it adds value to the conversation, because one of the reasons why the link is featured here is to discuss the branding.

Re: Justin.tv guys launching new mobile video app Socialcam

#30

Post by thibaut_barrere »

strayer wrote: post #28
goldmab wrote: post #11

The word "Socialcam" looks a lot like "Socialism."

I read "social scam" in the HN entry. I only realised it was "social cam" when I actually clicked on the link (after I read a few of the top-ranked comments).

I read social scam as well!

There's room for a parody I guess.

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