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  1. #1
    Join Date
    Nov 2007
    Location
    Dallas, TX
    Posts
    8,944

    Thumbs up Scathing quote on tech media (re: user counts)

    "It really bothers me that the definition of success has changed from profits to followers, friends, and feed count. This crap doesn't mean anything. Kids are coming out of school thinking, I want to start the next YouTube or Facebook. If a restaurant served more food than everybody else but lost money on every diner, would it be successful? No. But on the Internet, for some reason, if you have more users than everyone else, you're successful. No, you're not."

    This comes from Jason Fried, the founder of 37signals (the famous tech company), in this article.

    What do you guys think of the quote? I agree with it.

    -mike
    Mike G. - Limestone Networks - Account Specialist
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  2. #2
    Quote Originally Posted by Mike - Limestone View Post
    "It really bothers me that the definition of success has changed from profits to followers, friends, and feed count. This crap doesn't mean anything. Kids are coming out of school thinking, I want to start the next YouTube or Facebook. If a restaurant served more food than everybody else but lost money on every diner, would it be successful? No. But on the Internet, for some reason, if you have more users than everyone else, you're successful. No, you're not."

    This comes from Jason Fried, the founder of 37signals (the famous tech company), in this article.

    What do you guys think of the quote? I agree with it.

    -mike
    I'd have to agree with it as well. Simply having tons of people who have seen your youtube video does not mean you will get any of them to buy your stuff or follow your endorsements. Take Rebecca black, she has 83 million page views but I've yet to talk to anyone who wants to buy a song from her.

    **DISCLAIMER: For those Rebecca Black fanboy/fangirl(s) let me save you the typing by saying that telling me that you do like her and/or did/would buy her stuff is not going to change my mind, hell if all of WHT said they bought a song from her wouldnt change my mind.

  3. #3
    True there is such a thing as negative publicity. But publicity is publicity none the less...
    I personally would much rather be rich than famous.
    Since I cant eat popularity, but i can buy food with money.
    Andrew Askins - Limestone Networks - Account Specialist
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  4. #4
    Join Date
    Dec 2009
    Location
    Canada
    Posts
    722
    At the end of the day, in my opinion, it comes down to dollars and cents. That really is the bottom line. If you aren't making money, you cannot continue indefinitely.

  5. #5
    Join Date
    Jul 2004
    Posts
    2,361
    More followers means you can market to them better. Take the example of a finance company having a Facebook fan page. They want to launch a new credit card and acquire customers from rivals. It is the usual marketing strategy: the first 1000 to sign up will get a gift. They could advertise on newspapers or television. Now they can advertise on Facebook Ads. But if their fan page is hugely popular, they can advertise their offer on their Facebook wall or twitter page for free. Depending on how they execute it, their offer can go viral.

  6. #6
    Join Date
    Nov 2006
    Location
    Karachi, Pakistan
    Posts
    1,349
    Quote Originally Posted by Mike - Limestone View Post
    "It really bothers me that the definition of success has changed from profits to followers, friends, and feed count. This crap doesn't mean anything. Kids are coming out of school thinking, I want to start the next YouTube or Facebook. If a restaurant served more food than everybody else but lost money on every diner, would it be successful? No. But on the Internet, for some reason, if you have more users than everyone else, you're successful. No, you're not."

    This comes from Jason Fried, the founder of 37signals (the famous tech company), in this article.

    What do you guys think of the quote? I agree with it.

    -mike
    It all comes from having too much money in the hands of too few people. I remember reading somewhere that in the US its not how much profit your company makes that matters but whether or not you can get people to invest in it. When people have too much money in their hands they eventually run out of productive things to invest in. So they start gambling with it.

    They start putting money into firms that are based entirely on trends. Sites like facebook and twitter. Just look at how quickly myspace went from being the biggest social networking site to a dying venture. Its only a matter of time before twitter and facebook meet the same fate.

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