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Is it really the leadership that failed? Their product was popular, but I can't see any way they could make money on it. I don't think that means the leadership
by joshuapants 12y ago
Is it really the leadership that failed? Their product was popular, but I can't see any way they could make money on it. I don't think that means the leadership was bad, I think it means the product was inherently un-monetizable.
- emodendroket 12y agoWell, who came up with this un-monetizable product then?
- joshuapants 12y agoThat's a fair point, but I read the parent post as complaining that the leadership couldn't squeeze blood from a stone, not that they came up with a non-commercial product in the first place.
- AJ007 12y agoLots of valuable data for mapping, local search, and the ad targeting that goes with it. Valuable to Google, Apple, Facebook and a few others. The failure was in growth, blame likely correctly laid on Facebook.
- ulfw 12y agoYou could have monetised it the same way you monetise many other apps. With ads? I mean, Twitter's monetisation model isn't exactly genius either... Why not give a coupon when checking into a place that is near others - making people stop by another place/shop to maybe purchase something? (lat/long based)