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This comes across like the many articles talking about what "killed" Second Life. The only thing that's "dead" about it is the unsustainable initial burst of hy
by mintplant 14y ago
This comes across like the many articles talking about what "killed" Second Life. The only thing that's "dead" about it is the unsustainable initial burst of hype; products like this tend to settle into a particular niche and stick with it. I use both regularly, and both remain active in terms of concurrent users. Just because it's no longer the media darling doesn't mean it's flat-out dead.
- MatthewPhillips 14y agoInvestors think differently than you.
- mintplant 14y agoWhat relevance does that have?
- milkshakes 14y agoQuite a bit for a company that choses to fund itself by soliciting investment.
- mintplant 14y agoJust because a company has lost its media hype doesn't mean it's "dead" yet. > Investors think differently than you. How does this bridge the gap from Fact A to Conclusion B?
- MatthewPhillips 14y agoIf investors are unhappy with Turntable's decline it won't matter if the original hype was inflated or not.
- hkmurakami 14y agoIf investors have a controlling stake (or a significant minority stake) and aren't getting the results they want, they will shut down the service sooner or later so even this hyperbole of Turntable's "death" will become real "death" in the future at this rate.
- OGinparadise 14y agoInvestors...you mean 'the smartest people in the room' http://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932008 http://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%... disagree with his opinion?
- potatolicious 14y agoThere is some merit to the complaint. Turntable is far from dead, but it's also suffered a downturn in usage (as opposed to merely slowing growth). I've been on there for a long time and the top-20 rooms don't have half the population now as they did during the service's peak. So it isn't just a matter of media coverage or failing to live up to overinflated expectations, the service has visibly lost userbase. It's also not even close to dead, though.
- mintplant 14y agoExactly. There's a massive growth in users at the beginning; eventually, those that are less interested drift away, leaving a core userbase behind. In Turntable's case, the top rooms still have 100-200 concurrent users at any given time; meanwhile, the team running it has been ramping up in their regularly-scheduled events with artists and venues.
- beedogs 14y agowell except for the part where they lost 95 percent of their users, yeah.
- dools 14y agoIt's a bit like the "one hit wonder" phenomenon. People think "Oh Hanson? They haven't done shit since Mmmm Bop. They're dead". But they're not. They're working musicians who play gigs all the time, and release albums, and have fans. They're just not in the charts all the time. Suzanne Vega (one of my favourite "one hit wonders" of all time) wrote an excellent article[1] on this which, I think, has a great perspective that applies just as well to those of us faced with the "charts" and "hits" of the startup community. [1] http://measureformeasure.blogs.nytimes.com/2008/06/18/surviving-the-hits/ http://measureformeasure.blogs.nytimes.com/2008/06/18/surviv...
- rrhoover 14y agoNot every musician will continuously print platinum records. Similarly, not every startup needs to be a multi-billion dollar company. Some entrepreneurs are perfectly happy building a "lifestyle" business.
- rrhoover 14y agoYou're right. Turntable isn't dead and I'll admit to using the word, "killed", somewhat superfluously but there's no denying it's decline and failure to retain a majority of its users.