Kachingle made a big bet on getting a business method patent and (last year) they lost that bet. They also bet big on getting the New York Times to sign up and, when it didn't happen, took an ... unhelpful ... tone about the subject afterwards.
Yes, I know. I worked with Kachingle very briefly. The amount of internal chaos and fighting was amazing, much worse than what I've seen at other startups.
Without commenting on the internal stuff, I think Flattr's slow-growth strategy has been much more effective. As you point out, the base rates for failure is very high.
I've been watching since about 2008. I remember thinking that Contenture and Tipjoy would be serious competitors.
Comments
Kachingle made a big bet on getting a business method patent and (last year) they lost that bet. They also bet big on getting the New York Times to sign up and, when it didn't happen, took an ... unhelpful ... tone about the subject afterwards.
Yes, I know. I worked with Kachingle very briefly. The amount of internal chaos and fighting was amazing, much worse than what I've seen at other startups.
Without commenting on the internal stuff, I think Flattr's slow-growth strategy has been much more effective. As you point out, the base rates for failure is very high.
I've been watching since about 2008. I remember thinking that Contenture and Tipjoy would be serious competitors.