51–60 of 85 posts
Glad to see this already submitted :) Yeah, I'm working on way too much stuff, and threewords.me started up as a side project that I didn't have any interest in continuing it long-term (more interested in developing http://supportbreeze.com and others). The press curve has slowed, but a lot of users are still hitting the site (new and returning) — every new feature I get is hugely adopted within minutes.
Glad to see this already submitted :) Yeah, I'm working on way too much stuff, and threewords.me started up as a side project that I didn't have any interest in continuing it long-term (more interested in developing http://supportbreeze.com and others). The press curve has slowed, but a lot of users are still hitting the site (new and returning) — every new feature I get is hugely adopted within minutes.
more than anything, i think it's really refreshing to hear that you're ready to move on from it, and work on another project that you believe in.
it's easy to take a payday and walk away, but i admire your priorities when you're ready to get right back in the game for projects that move the needle forward.
I understand you have time constraints and other things on your plate, but it seems to me that you created an entirely new form of social interaction. I think your site is in the same league as http://formspring.me (which has $24m in funding). I would hate for you to sell for 5 figures only to see a much higher valuation in only a couple of years. Your concept is well executed and if you have traffic, you should be a…
Thanks for your thoughts! I can't really say I'm having second thoughts, but more like 1.5nd thoughts... I just don't know where to expand from here. The concept is great and the virality is really cool, but... something just isn't there.
If you don't get a price you like, keep the site, add advertisements and collect data. As people's profiles fill up with qualities, you may be able to determine what kind of ads people are likely to click on.
I also like the idea of selling companies a spot where people can comment on their brand or different ideas. The site could evolve into a kind of instant survey for concepts and ideas (from brands). I.E. They post an image of a new design and the users can describe in 3 words what they think. It would allow a company to get instant feedback and know if they have a homerun or not before something is produced or fully developed.
Earlier quoted context omitted.
Haha, hey everyone this guy thinks profitability with this matters! Everyone point and laugh! I highly doubt even Mark thinks this product has legs with monetisation, it's a fad at best. He's clever for cashing in now, it'll be dead soon unless the new owner works out how to expand.
Twitter is a pretty silly concept, and their valuation is non-comical.
So much better than a support system (done and done) IMHO.
Of course, if you have no interest in working with social space stuff, then okay, I can't argue with that. But the fact you launched this product means there's something there you want to do.
Have you considered going to a larger company/brand like Dove and getting them to buy it? Your audience seems right in line with their audience and they probably already have a budget for "social media marketing". A good way to reach them might be a big-brand social media consultant like VaynerMedia.com. They could facilitate the sale and make a commission on the amount. I know someone who knows Gary over at Vayner s…
Yeah, probably true that it's not the best exposure. TechCrunch just picked it up (http://techcrunch.com/2011/01/17/weeks-after-going-viral-thr...) but selling in a simple private auction is only one step up from Flippa. And maybe one sideways.
Thanks for your help, man - will shoot you an email.
If anyone ever questions the value of the idea versus the value of execution, use this as a cuationary tale. Here's my post outlining this very idea from 2 years ago: http://www.manyniches.com/n00b-notes/my3words/ 2 years. I even registered the domain my3words.com. What did I do with it? Not much. I have no idea if Mark saw my post or not. I kind of hope he did, so that I can feel a little better about not executing.…
Did you get any bids yet? Not asking the offer price, just the number of bids (from HN).
I wish the publication logos lit up when you mouse over'd on them. Just me?
Me too, but I only had 30 minutes to make that page. Ton of work today.
