2 ms·
You demonstrate a breathtaking lack of understanding of the topic. Yes, the front-end tech is easy. The hard part is the scheduling tech and the task management
by pbreit 12y ago
You demonstrate a breathtaking lack of understanding of the topic. Yes, the front-end tech is easy. The hard part is the scheduling tech and the task management. And you seriously underestimate what it takes to get noticed and the value of such. Many/Most Magics result in a face-to-face meeting which cuts down dramatically on fraud. And card transaction is susceptible to being charged back.
- bhayden 12y agoLet's be real here: Magic likely did not develop much, if any, scheduling tech and task management technology in-house. I would be comfortable betting they are using off the shelf software for this and applying some smart decisions about how to use it. Before launching I would also bet less than a month of full-time work went into planning scheduling tech and task management. It's a cool achievement, I like their service and wish them luck, but valuing this amount of effort (and a great deal of luck) at $40 million seems pretty ridiculous. I agree getting noticed and getting users is hard, but did Magic really generate millions of dollars worth of brand recognition in only a few weeks?