Mr. Wheatley: Scaling is the most important thing at the moment."
This is not criticism on DailyBooth but the answer above is basically a "we have no idea" and it amazes me that I and everyone here on HN kill themselves to build in legitimate business models into their apps and there are still folks who get funding who (seemingly) have no plan at all.
If you're going to edit his response you should say as much.
The full response (which actually sketches some ideas) was:
Mr. Wheatley: Scaling is the most important thing at the moment. We have a few ideas around media-based businesses, premium offerings and offline distribution like photo-printing.
I don't think that answer is necessarily "we have no idea" ... could just as easily be "we have some ideas/plans but most of our resources are going into scaling"
I'm assuming this is their first round since the YC money. In that case, it's not like they could have gone out and hired a VP of sales or had time to integrate an ad platform into the site.
I have no clue what they're doing, but there are several off-ramps between "here's our marketing plan" and "uh, we have no clue"
The demographic that DB seems to draw is highly valued. It seems to attract a younger group than Twitter and (just from my limited browsing) seems to attract a good % of females. I probably would have tossed $25k into that initial round if someone would have invited me :)
From the outside it appears that many of the YC companies try to stake out a territory, amass a user base with a free service, and then sell or find some other way to make money.
It seems like we don't hear much from those guys--they must have some valuable, hands-on experience to share.
Mr. Wheatley: Scaling is the most important thing at the moment."
This is not criticism on DailyBooth but the answer above is basically a "we have no idea" and it amazes me that I and everyone here on HN kill themselves to build in legitimate business models into their apps and there are still folks who get funding who (seemingly) have no plan at all.
Or is the revenue idea super secret?