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Klout acquired for $200 million by Lithium Technologies

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Re: Klout acquired for $200 million by Lithium Technologies

#31
post #4

I, too, have a random number generator that I am willing to part with on very reasonable terms, cash/equity split negotiable.

It's too bad they didn't sell to Facebook, they could have turned fraction of a billion dollars into whole numbers of billion dollars.

Re: Klout acquired for $200 million by Lithium Technologies

#32

Earlier quoted context omitted.

> "But in our universe, people saw the algorithm as hackneyed, particularly when Justin Bieber had a higher Klout score than the US president." Maybe Klout was wrong with this particular arrangement, or maybe your assumptions about who has more influence are wrong. Ever thought about that? After all, "entertainment clout" can be very quickly capitalized as "political clout", as Mr. Terminator has demonstrated. When i…

I respectfully disagree with your argument because that's not the one I'm making. I think the general consensus from Klout detractors is that a single "score" cannot encompass someone's influence. Some people are more influential in certain circles than others. Of course, there is a broad-based influence score you can apply to people, in the same manner that Super Bowl ads are expensive because they reach a broad-bas…

Yes scores can't possibly be universal. But admit it. It just irks you to see a pop singer might be more popular than the president.

Re: Klout acquired for $200 million by Lithium Technologies

#33

Earlier quoted context omitted.

> "But in our universe, people saw the algorithm as hackneyed, particularly when Justin Bieber had a higher Klout score than the US president." Maybe Klout was wrong with this particular arrangement, or maybe your assumptions about who has more influence are wrong. Ever thought about that? After all, "entertainment clout" can be very quickly capitalized as "political clout", as Mr. Terminator has demonstrated. When i…

I respectfully disagree with your argument because that's not the one I'm making. I think the general consensus from Klout detractors is that a single "score" cannot encompass someone's influence. Some people are more influential in certain circles than others. Of course, there is a broad-based influence score you can apply to people, in the same manner that Super Bowl ads are expensive because they reach a broad-bas…

To the question below: No, it does not irk me.

Re: Klout acquired for $200 million by Lithium Technologies

#34
This article and most folks are missing the point, Lithium hasn't raised nearly enough to pay a meaningful amount in cash, maybe enough for investors to get their money back. The $200m value was in funny-money private company stock which at inflated valuations is like buying hotels with monopoly money. Entrepreneurs deserve incredible respect for what they create but lets call things what they are, this wasn't a $200m exit.

Re: Klout acquired for $200 million by Lithium Technologies

#35

As a startup founder, let me take the contrarian view on this because I can see how it all went wrong. Klout, for the most part, had a very ambitious goal. Given all our activity (direct or indirect) that is being captured on social networks and general internet activity, there was some inherent value (which we'll call a "clout score") in just knowing who was the "most popular" on these networks. Now imagine you took…

It really was a massive and admirable goal. Klout as you described could quickly become one of the most important tools of the web.

Instead, people like myself saw humor in gaming the system a bit, so I quickly was in the top 3 "influencers" of ridiculous things, like Whitney Houston knowledge.

It is too bad, because when I first heard of the idea, it seemed like a huge step in social media. But I think your right, this first attempt might have spoiled the concept a bit.

Re: Klout acquired for $200 million by Lithium Technologies

#36

As a startup founder, let me take the contrarian view on this because I can see how it all went wrong. Klout, for the most part, had a very ambitious goal. Given all our activity (direct or indirect) that is being captured on social networks and general internet activity, there was some inherent value (which we'll call a "clout score") in just knowing who was the "most popular" on these networks. Now imagine you took…

It really was a massive and admirable goal. Klout as you described could quickly become one of the most important tools of the web. Instead, people like myself saw humor in gaming the system a bit, so I quickly was in the top 3 "influencers" of ridiculous things, like Whitney Houston knowledge. It is too bad, because when I first heard of the idea, it seemed like a huge step in social media. But I think your right, t…

What's your opinion on BuzzSumo.com and their influencer search?

Re: Klout acquired for $200 million by Lithium Technologies

#38

As a startup founder, let me take the contrarian view on this because I can see how it all went wrong. Klout, for the most part, had a very ambitious goal. Given all our activity (direct or indirect) that is being captured on social networks and general internet activity, there was some inherent value (which we'll call a "clout score") in just knowing who was the "most popular" on these networks. Now imagine you took…

It really was a massive and admirable goal. Klout as you described could quickly become one of the most important tools of the web. Instead, people like myself saw humor in gaming the system a bit, so I quickly was in the top 3 "influencers" of ridiculous things, like Whitney Houston knowledge. It is too bad, because when I first heard of the idea, it seemed like a huge step in social media. But I think your right, t…

As someone that wrote the official Sony Music tribute ad for Whitney Houston, handpicked by Clive Davis, I would like to challenge you.
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