cmcewen

Joined 15 years ago

Karma
63
Submissions
38
Member since
Dec 9
cmcewen.com
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Recent submissions

Comment · 13 years ago
I think Exec and TaskRabbit share(d) a similar problem in that they are so broad that consumers aren't sure what to use the platform for. Renewed focus on a single service makes sense, but they face competition from Handybook and Homejoy. It's probably also difficult to differentiate in this market since the maids are all likely independent contractors.
Comment · 13 years ago
Comment · 13 years ago
If you think of it in terms of the 1 or 2 pawn shops you might have access to, eBay's initial audience of 100 or 1000 as well as the usenet groups Omidyar would post to provides significant "single user" utility that most marketplaces can't provide at that same audience size. So while you're correct that it's not truly "single" user, eBay did provide significant value to the very very early sellers.
Comment · 14 years ago
Comment · 14 years ago
Comment · 14 years ago
Trust is a big problem for any peer to peer situation. eBay, Airbnb, and Paypal all had to figure out ways to jumpstart trust in their communities - if Bitcoin can do the same, then the potential is huge.
Comment · 14 years ago
Sorry - I meant to clarify stickiness when asked to pay. Freemium conversion is like 1-5%, so I'd imagine somewhere closer to 1% with you guys.

With 30ish people, let's say you burn $2 million a year. You'd need to get 30,000 people to each pay ~$70 a year for your app. My numbers might be wrong, but I'm just curious how you'd get people to spend that when it's so easy to switch to another task app.

Comment · 14 years ago
Do you expect those users to be sticky? The barrier to entry for making a to-do list is negligible, and having a long history of completed tasks is of very little value.
Comment · 14 years ago
There's also plenty of college left to work on after ideas.

Maybe taking a break is a better term, but I don't understand why "dropping out" means you will never get a degree.

Comment · 14 years ago
To me, this just demonstrates the problems that arise when you say you're trying to tackle this huge gigantic problem. There's a ton of building hype, and then people are disappointed/scornful when you can't deliver. It reminds me a bit of the Thiel Fellowship.

Maybe this YC class is just a result of many lessons learned. It does seem the problems they tackle are, for lack of a better word, lame, but that doesn't mean they can't grow into something really big.

I guess time will tell, but best of luck to Makr.io. My only wish is that they share everything they must have learned through the process of Diaspora.

Comment · 14 years ago
It's awesome that App.net is trying to build something new, but I think the Hacker News market is somewhat saturated considering how many articles have been on the front page lately. If people haven't donated by now, I don't think a few screenshots will sway their opinion that much. I'd guess that turning your effort towards other avenues would be a better use of time.

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