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Removing the context[1] from that quote feels disingenuous, at best, and purporting that they even made any claims about their product is approaching libel. The
by bryans 4y ago
Removing the context[1] from that quote feels disingenuous, at best, and purporting that they even made any claims about their product is approaching libel. The 2019 personal blog post you're referring to is a general (albeit flawed) analysis of how a Google profit share might work for the top content creators based on guesstimated information from YouTube revenues. They were very clear about all of this and plainly stated multiple times that they have no idea if their analyses are accurate, and that it's all effectively an experiment.
Here is the actual portion from that post:
"YouTube’s revenue [...] can approximate that top-earners receive $0.0015 for every one view. Considering how much more ad revenue Google SEPR[sic] clicks generate in comparison to YouTube views, a Google profit-share model could generate significantly higher returns for top content creators. Based on a quick analysis, serving one search could pay an average rate from $0.05 to $0.25 in the US. Say Anne from Kentucky helps 4,000 people learn how to build container gardens via her Wordpress blog every month. She would receive $1,000 monthly from the search engine in return."
Given the context, you're putting many words in their mouth. It wasn't a product announcement, the product itself didn't even exist yet, they didn't actually claim a $0.25/query profit or even make any claims at all, they never made any mention whatsoever about being a substantial revenue source for "average" creators (who don't make substantial revenue to begin with), and they weren't even talking about their own product.
So, again, you're holding them to an impossible standard of revenue to meet your arbitrary and unreasonable qualifications of being "impactful." It comes across as ethical posturing, and shaming someone for napkin math about a different company's offering in an old "I have an idea" post just doesn't seem appropriate from a competitor in the space. I can only presume that you wouldn't be a fan of people nitpicking quotes from your old posts, so I'm not sure why you're doing it to someone else.
[1] https://medium.com/swlh/investor-money-vs-public-interest-did-google-fail-to-build-a-non-evil-platform-3a054f996ea9 https://medium.com/swlh/investor-money-vs-public-interest-di...
Edit: In fact, the other person who replied to your comment just proved that what you're doing is completely irresponsible and libelous. You're sowing the idea that those two sentences were in reference to the company's actual offering, which is completely false, but you're actively convincing people otherwise.
Edit: Here's a screenshot[2] of your unedited comment, since you decided to remove false information and things that I referenced.
[2] https://i.imgur.com/hcJJNXJ.png https://i.imgur.com/hcJJNXJ.png
- freediver 4y agoI was under the wrong impression that this [1] was the announcement blog post for Yep. As I read the comments here initially, many mentioned that blog post and I did not pay attention to the date on it and just took it for granted. [2] It seems that the 'announcement' post I was referring to isn't fresh announcement for Yep but a 2019 blog post by the founder explaining the concept. In any case my math was meant to be a critique of the proposed model, not any particular product, and I still stand by that analysis. There was no malice intended. Thanks for holding me accountable. [1] https://medium.com/swlh/investor-money-vs-public-interest-did-google-fail-to-build-a-non-evil-platform-3a054f996ea9 https://medium.com/swlh/investor-money-vs-public-interest-di... [2] https://news.ycombinator.com/item?id=31615194 https://news.ycombinator.com/item?id=31615194
- bryans 4y ago> In any case my math was meant to be a critique of the proposed model, not any particular product, and I still stand by that analysis. Except that your conclusion was to declare that search ad revenue is "not much" money, which is both plainly false and extremely strange for you to say, given that the entire premise of your own search engine is to take ad revenue out of the equation because the company profits and personal costs of ads to the end user are too high. So, I'm really not sure why you would stand behind an analysis that hundreds of millions of dollars is an "unviable" and irrelevant amount of revenue. When Kagi is bringing in $365M/year, feel free to make all the declarations you want about $328M being "not much." Until then, you're being hypercritical for no apparent reason -- with the results being identical to malice.
- freediver 4y agoYou are putting words in my mouth and starting to get personal at the same time. My conclusion was that the idea of profit share sounds good on paper but the math does not check. The reason I say that is because math does not care about my feelings, what you or I want or what the idea suggests. It has to work. If Kagi had $300M /year extra, and shared that money with 10M websites, that would be $30 /year or less than $3/month to a website owner. In my opinion that is not how you make impact and the cost of distributing this money would be more than what is being distributed. It is a terrible idea. Now what can make impact is you take $300M and invest in something that can scale.