4 ms·
I know hindsight is 20/20, but would you be willing to be completely forthright and tell us what your business plan was at the beginning stages, when you were r
by zackattack 17y ago
I know hindsight is 20/20, but would you be willing to be completely forthright and tell us what your business plan was at the beginning stages, when you were raising money? I would find that sort of insight very valuable, and appreciate it greatly.
- ivankirigin 17y agotake a cut
- zackattack 17y agohow did the math work out, taking a cut of tips (presumably small, and even smaller after payment processing fees?) how many users would you have needed to reach profitability? i actually tried doing the back-of-envelope math for your site a while back, and was perplexed. i'm curious as to your answer..
- ivankirigin 17y agoTips don't really work. You need to sell stuff. Branding in the name sucked when we were pushing long and hard* to become a general purpose payments company. Our twitter API could power a full freemium model, subscriptions, etc. - but not enough apps on twitter used it. *twss
- adrianwaj 17y agoDid you ever see http://www.harmony-central.com/Features/Fairtunes/ http://www.harmony-central.com/Features/Fairtunes/ - tips for music artists in 2000 that closed down. For musicians, what if there was a way to offer downloads or a virtual chatroom where musicans could interact with tippers only. Artists could keep log of all their fans. The problem may have been a tip niche wasn't honed in upon.
- cunard-n 17y agoInteresting. So, what became of Goyer and Cormie? I'd like to hear more about their experience. yr. 2000 was early days!
- deleted 17y ago[deleted]
- psawaya 17y agoI've nothing constructive to add, but I just wanted to say the twss gag made me smile. =) At least you've still got your sense of humor.
- ivankirigin 17y agoHours of fun: http://search.twitter.com/search?q=twss http://search.twitter.com/search?q=twss