4 ms·

Too many envious eyes? ...people often think an idea sucks until they see how much money it makes, then suddenly it looks good and the competitors begin to mush

• axod 18y ago
  I'd love that to be true, but I don't think it is in this instance. Unless something is making millions, a lot of people may see it as a failure, even if it's still growing and adapting etc. I seem to remember some blog or comment jumping on tipjoy a bit for only getting a few thousand dollars in tips since starting or something... Maybe that's why.
  • d0mine 18y ago
    $2,519.01 (red arrow) is not a large sum of money. Compound that with the time period indicated by the blue arrow. Elsewhere in the site founders explain that they charge a 3% transaction fee. In other words they pulled in $75.57 over 4 months. </quote> http://jeffspost.wordpress.com/2008/05/25/why-didnt-it-take-off-pathology-of-a-floundering-web-20-startup/ http://jeffspost.wordpress.com/2008/05/25/why-didnt-it-take-...
    • ivankirigin 18y ago
      That post was a day before our second techcrunch article announcing a large new set of features. Someone that judges a startup a failure just a few months after launch doesn't know anything about startups.
• breck 18y ago
  Absolutely. It is probably a good sign that they took that down. If you show you are making peanuts, it would discourage potential competitors. If you show you are making millions, you are asking for competitors to pour in. All I'm saying is that it is in my (selfish) interests to know how much they were making. Now that they don't display revenue, I won't decide to copy them until after they IPO, which will be too late, unfortunately.