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No Revenues, No Problem?
LorisKnight
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9-30-2007 10:41 AM
344 views
tags:
web apps
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hype
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current affairs
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/5bf63af8-3be2-48dd-acb9-717ac3137a22/C40F5A69-416B-448A-86B4-3B2D0D5BF254/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blog.wired.com/business/2007/09/no-revenues-no-.html" href="http://blog.wired.com/business/2007/09/no-revenues-no-.html" style="font-size: 11px;">blog.wired.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blog.wired.com/business/2007/09/no-revenues-no-.html"><P><IMG border="0" src="http://blog.wired.com/photos/uncategorized/2007/09/28/ziitrend.jpg" title="Ziitrend" alt="Ziitrend" /> Twice this week I interviewed companies that are launching without attempting to make money. Yesterday, I spoke with Wikinvest, which wants to hold off on monetizing their financial wiki until it builds up significant traffic. Today I spoke with Vancouver-based Ziigo, whose newly community prediction site Ziitrend has a similar philosophy. While I find both sites fun places to click around, a faint buzz rings in the back of my mind: Launch now, make money later? Is the bottom line-focused discipline of post-2001 startups eroding?</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blog.wired.com/business/2007/09/no-revenues-no-.html">Wikinvest sparked enthusiasm among Epicenter readers, and indeed the company's perfectly articulate founders acknowledged they plan to sell advertising on their site, among other unnamed revenue streams. ZiiTrend co-founder Tony Wong also mentioned an ad-supported future, albeit without a time frame.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/C40F5A69-416B-448A-86B4-3B2D0D5BF254/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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