4 ms·
2m users * 1% conversion rate * $10/yr = $100k = probably not enough for a VC-backed startup. My suspicion is that because users just used the browser's intern
by joshu 16y ago
2m users * 1% conversion rate * $10/yr = $100k = probably not enough for a VC-backed startup.
My suspicion is that because users just used the browser's internal bookmarks they couldn't easily add affordances that would draw attention, leaving no surface on which to advertise. I guess this is one advantage that delicious had, although breaking the bookmarking paradigm to do so was very painful in other ways.
I no longer believe startups who claim their value proposition is "the data will be really valuable someday."
- jonknee 16y agoThat would be $200k, but still not enough to make your conclusion any different.
- joshu 16y agooops. indeed.
- robk 16y agoYep "probably not enough for a VC-backed startup" is the key here. This would have been a nice bootstrapped business. For them taking VC put them on a road that unfortunately wasn't the right one for them and forced them to swing for a bigger outcome than was possible. Sad.
- dillydally 16y ago$100k is an ok number for a one-person outfit, but it would be hard to support even one employee on that number. In face, their current model of altering the Google SERPs almost certainly generates more revenue.
- DevX101 16y agoHow does delicious make money? I love your product and use it almost every day, but it's not immediately obvious to me that there's any advertising.
- gvb 16y agoYears ago, I bookmarked expansively. I found I never used most of the bookmarks and many of the bit-rotted silently so that, when I did try to follow a bookmark, it no longer worked. I found googling worked better than maintaining personal bookmarks, so Google has become my "bookmark" service.