Comments on: Anywhere.fm going Nowhere.fm + Don Dodge Has No Balls http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/ The Web 2.0 Repository for Bad Ideas Tue, 02 Dec 2008 12:34:24 +0000 http://wordpress.org/?v=2.2.1 By: Living in First Life http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/#comment-51 Living in First Life Sat, 11 Aug 2007 05:57:39 +0000 http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/#comment-51 @ David That's a fair point. I think the problem we are trying to address is the hype. It's a cool product. Great, I'm happy for them. They have a few copyright issues ot get over but we'll leave that aside for a moment. The problem with hype is that it distorts information by creating a false sense of perception. When Anywhere.fm DOES figure out a model and do something, then I'd be happy to sing its praises. Until then, why don't we just focus on figuring out that model? @ David

That’s a fair point. I think the problem we are trying to address is the hype. It’s a cool product. Great, I’m happy for them. They have a few copyright issues ot get over but we’ll leave that aside for a moment.

The problem with hype is that it distorts information by creating a false sense of perception. When Anywhere.fm DOES figure out a model and do something, then I’d be happy to sing its praises. Until then, why don’t we just focus on figuring out that model?

]]> By: David http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/#comment-47 David Sat, 11 Aug 2007 01:40:18 +0000 http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/#comment-47 Jay, maybe Anywhere.fm doesn't qualify under your arbitrary definition of a "real business", but as far as we can see given such a short time since their launch, it *seems* like they have something that is useful to a lot of people. It's very possible that they will never find a way to make money, but at least they seem to be doing better than 99/100 new startups: people want to use what they've built. Personally, I'd rather invest in 10 startups that I know people want to use but don't know how to make money yet than 10 startups that know how to make money but don't know if people want to use it yet. And those startups that know how to make money and know that people want to use it? Of course anybody would want to invest in them, and they'll get their choice of any investors. Jay, maybe Anywhere.fm doesn’t qualify under your arbitrary definition of a “real business”, but as far as we can see given such a short time since their launch, it *seems* like they have something that is useful to a lot of people.

It’s very possible that they will never find a way to make money, but at least they seem to be doing better than 99/100 new startups: people want to use what they’ve built. Personally, I’d rather invest in 10 startups that I know people want to use but don’t know how to make money yet than 10 startups that know how to make money but don’t know if people want to use it yet.

And those startups that know how to make money and know that people want to use it? Of course anybody would want to invest in them, and they’ll get their choice of any investors.

]]> By: Living in First Life http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/#comment-46 Living in First Life Fri, 10 Aug 2007 21:53:35 +0000 http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/#comment-46 We do applaud people who take real risks but it's good to take real risks on real businesses. That's our argument. Anywhere.fm is an example of the hype. We do applaud people who take real risks but it’s good to take real risks on real businesses. That’s our argument. Anywhere.fm is an example of the hype.

]]> By: Don Dodge http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/#comment-45 Don Dodge Fri, 10 Aug 2007 21:25:13 +0000 http://techdumpster.com/2007/08/10/anywherefm-going-nowherefm-don-doge-has-no-balls/#comment-45 Jay, Your comment is on my blog, as is my response. It is copied below for your convenience. Don you're just building up the hype here. Anywhere.FM is nowhere close to being a success. It looks like you're drinking the Kool Aid faster than they can produce it. Posted by: TechDumpster (living in First Life) | August 10, 2007 at 03:03 PM Hype? Kool Aid? Maybe you missed this line "Like any VC portfolio, the Y Combinator companies will include a couple big winners, a handful of moderate successes, and a large number that will fail to gain traction." Most ideas don't get funded. Of the ones that do, many of them fail. VCs and Angel investors take enormous risks. They are eternal optimists and work really hard to help entrepreneurs succeed. I applaud them. Call that hype if you like. Posted by: Don Dodge | August 10, 2007 at 05:22 PM Jay, Your comment is on my blog, as is my response. It is copied below for your convenience.

Don you’re just building up the hype here. Anywhere.FM is nowhere close to being a success. It looks like you’re drinking the Kool Aid faster than they can produce it.

Posted by: TechDumpster (living in First Life) | August 10, 2007 at 03:03 PM

Hype? Kool Aid? Maybe you missed this line “Like any VC portfolio, the Y Combinator companies will include a couple big winners, a handful of moderate successes, and a large number that will fail to gain traction.”

Most ideas don’t get funded. Of the ones that do, many of them fail. VCs and Angel investors take enormous risks. They are eternal optimists and work really hard to help entrepreneurs succeed.

I applaud them. Call that hype if you like.

Posted by: Don Dodge | August 10, 2007 at 05:22 PM

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