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It depends. Sometimes it's just mothballed/destroyed. Sometimes the acquirer keeps running the service as-is (that's what happened with kiko.com). Sometimes the
by emmett 18y ago
It depends. Sometimes it's just mothballed/destroyed. Sometimes the acquirer keeps running the service as-is (that's what happened with kiko.com). Sometimes the user data is sold off to the highest bidder.
- vlad 18y agoDid you get to keep the data as well? Is there a standard practice to this?
- emmett 18y agoWe didn't; I'm not sure what we would have done with it if we did.
- fallentimes 18y agoGood for you: doing another startup right after Kiko. That's very awesome. Did you take any time off in between startups? How'd it play out?
- immad 18y ago2 of the justin.tv founders were kiko founders.
- emmett 18y agoIncluding me :-). We took off about 3 months in between when we decided to close down kiko and when we moved on to Justin.tv, although that's fuzzy because kiko wound down over a month or two and Justin.tv took a few months to ramp up to full speed.
- fallentimes 18y agoThat's great. So much of startup success/failure is due to like & timing and it's exceptional to see you give it another try almost right away (and it seems to have worked!). Better than getting a real job right :)?
- teej 18y ago"Sometimes the user data is sold off to the highest bidder." Do you have any source for this, anecdotal or otherwise? While the paranoid part of me wants to think that happens, the logical side is having a hard time believing it.
- emmett 18y agoI've seen it before. Sometimes it's actually not bad at all (person A takes over posting to person B's mailing list), and sometimes it's horrible (selling the email addresses for your webapp to spammers).