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In theory like all of its predecessors such as Yahoo Answers and indirect competitors like Quora, Fountain is a great idea, in theory, but in practice we all kn
by DigitalSea 12y ago
In theory like all of its predecessors such as Yahoo Answers and indirect competitors like Quora, Fountain is a great idea, in theory, but in practice we all know that it will not go very far. And that is not a reflection of Aaron Patzer's inability to act upon an idea, Mint.com obviously was a big success, however, to me at least, Fountain will fail for one reason and one reason only: people do not like to pay for things on the Internet like this.
It is a sad reality that the only thing that really makes money on the internet is e-commerce (online stores), popular subscription based services/games and advertisements. People have built up this image of the Internet being for finding answers to your questions for free. I could be wrong and who am I to say that Aaron can not make this succeed? He obviously has a lot more experience, capital and connections to try and pull something like this off.
Adding in the ability to have a chat with someone in many different ways is quite cool, but I would not go as far as calling it groundbreaking or new. The whole premise of a proper Q&A platform and accompanying application is something that this article acknowledges has been done many times before.
I think it is a bit sensationalist to say that Quora failed, in my opinion it is thriving. As a regular Quora user I can attest that it is not a Q&A website in the sense of the terms we have come to know. When my dishwasher stops working, I do not ask people on Quora nor do I seek out existing answers on how to fix it. Quora in my opinion is for sharing interesting stories about experiences. Most of my uses are reading interesting questions with interesting answers ranging from drug dealer experiences to physics and more.
Some of my favourite Quora questions/answers include:
What does it feel like to shoot someone in the line of duty? http://www.quora.com/What-does-it-feel-like-to-shoot-someone-in-the-line-of-duty http://www.quora.com/What-does-it-feel-like-to-shoot-someone...
If the world were a cube, how would gravity be different? http://www.quora.com/If-the-world-were-a-cube-how-would-gravity-be-different http://www.quora.com/If-the-world-were-a-cube-how-would-grav...
What is it like to be a drug dealer? http://www.quora.com/What-is-it-like-to-be-a-drug-dealer http://www.quora.com/What-is-it-like-to-be-a-drug-dealer
I wish Aaron the best of luck with this idea and if it succeeds, I will be the first person here to admit that I was wrong about someone being able to finally crack the big problem of a decent Q&A platform where answers are credible and the consistency and quality of the platform can be maintained as it grows in size.
- Geekette 12y ago"...to me at least, Fountain will fail for one reason and one reason only: people do not like to pay for things on the Internet like this." I would normally agree with this, but I think if they focused on home renovation/repair niche (lucrative with lots of use cases), it could work. E.g. If I have a busted sink and know that it would cost at least $100 for a plumber to stop by, I would think nothing of spending $5-10 online to potentially diagnose or solve it. So, key to this would be managing the pricing: ensuring that online consultation price is not above a certain fraction of offline alternative cost to user.
- ape4 12y agoAlso the price. $5 is expensive to ask a question. But $5 is cheap to pay an expert plumber for 10 minutes of time.
- DigitalSea 12y agoVery true. I could warrant spending $5 for 10 minutes of a plumbers time to save hundreds on a DIY job, I can see the value in something like that. When you think of it that way, it actually makes a whole lot more sense, but I feel like it goes outside of the realm of what most people would describe a Q&A platform, it was more akin to a consultancy application. Getting a plumber to offer up their time for such a small amount of cash? That will be the difficult part. Getting anyone who's primary occupation does not involving working at a desk like an electrician, mechanic, plumber or carpenter to use this service for pennies will be very difficult. I know a plumber and he runs his own business here in Australia, I think his hourly rate is about $85 an hour. If you take his hourly rate and break it down to a per 10 minute cost that is about $14 (rounded down). Presumably of this $5, Fountain will take a cut and the result might be somewhere around the $3 to $4 mark that an answerer will actually get. If something like this does work, I will without-a-doubt use it and in turn, try and make some money on the side answering programming related questions and helping people stuck on coding related problems.