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Seems like a shame to shut it down. I've never heard of your product until now but the site is beautiful and it sounds like a super-useful service. If your NLP

Seems like a shame to shut it down. I've never heard of your product until now but the site is beautiful and it sounds like a super-useful service. If your NLP is that good and you could figure out how to sell it for more money, you could potentially take on companies like Meltwater News.

skmurphy 16y ago
I agree, there is a clear need for a service like this. Neither of the problems mentioned are fatal for an early company, you can get better at customer acquisition and raise prices (or better introduce some new tiers and grandfather your existing clients in). "Despite the fact that the team thought our product was "clearly" better than Google Alerts, they thought our product had too high of customer acquisition costs and too low of a price point to leave us with big enough margins."
- yesimahuman 16y ago
  Thanks. I don't know what the answer is. Some of the technology we are using lives on in some new ways like with Fready (http://getfready.com/ http://getfready.com/) but we decided to not continue selling GoBuzz. I'm always thinking of new ways to apply what we built over the years. I certainly believe the technology has other applications but Fready is the first one we've landed on.
DanielRibeiro 16y ago
Or as a web service for nlp. DirectedEdge made one for recommnedations systems...
- yesimahuman 16y ago
  This is an idea I've had for a while. We would compete with OpenCalais (http://www.opencalais.com/ http://www.opencalais.com/) but I like competition. I actually have an NLP server that converts any data sent to it to JSON format with names/companies/locations, but no business behind it. I'd be curious to hear a unique idea on applying this data if you have one.
  - DanielRibeiro 16y ago
    It is said that you shouldn't try to come up with a business model, but steal it. With that in mind, a business model of OpenCalais, which is also similar to DirectedEdge's, is a fine one. However, OpenCalais is too low level. Which is fine, but you'd want to have a broader spectrum of services, including some applications that showcase the power of the platform. See more here: http://www.directededge.com/products.html http://www.directededge.com/products.html Also, language bind is a must. Having a REST API is fine, but having libraries that make it easy to access on any language is much better. In the end it is all about execution. Make it really simple to use, show how to use, and let the users show you where the business model should be after a while they are using (Airbnb's presentation on the last startup school really shows how this can happen).

skmurphy 16y ago

I agree, there is a clear need for a service like this. Neither of the problems mentioned are fatal for an early company, you can get better at customer acquisition and raise prices (or better introduce some new tiers and grandfather your existing clients in). "Despite the fact that the team thought our product was "clearly" better than Google Alerts, they thought our product had too high of customer acquisition costs and too low of a price point to leave us with big enough margins."

yesimahuman 16y ago
Thanks. I don't know what the answer is. Some of the technology we are using lives on in some new ways like with Fready (http://getfready.com/ http://getfready.com/) but we decided to not continue selling GoBuzz. I'm always thinking of new ways to apply what we built over the years. I certainly believe the technology has other applications but Fready is the first one we've landed on.

DanielRibeiro 16y ago

Or as a web service for nlp. DirectedEdge made one for recommnedations systems...

yesimahuman 16y ago
This is an idea I've had for a while. We would compete with OpenCalais (http://www.opencalais.com/ http://www.opencalais.com/) but I like competition. I actually have an NLP server that converts any data sent to it to JSON format with names/companies/locations, but no business behind it. I'd be curious to hear a unique idea on applying this data if you have one.
- DanielRibeiro 16y ago
  It is said that you shouldn't try to come up with a business model, but steal it. With that in mind, a business model of OpenCalais, which is also similar to DirectedEdge's, is a fine one. However, OpenCalais is too low level. Which is fine, but you'd want to have a broader spectrum of services, including some applications that showcase the power of the platform. See more here: http://www.directededge.com/products.html http://www.directededge.com/products.html Also, language bind is a must. Having a REST API is fine, but having libraries that make it easy to access on any language is much better. In the end it is all about execution. Make it really simple to use, show how to use, and let the users show you where the business model should be after a while they are using (Airbnb's presentation on the last startup school really shows how this can happen).