Archive for the 'Internet Startups' Category

So Not Worth It: Failed Experiments in Online Income Generation

Tuesday, June 22nd, 2010

Let me preface this post by saying that I had fun and the customer was very happy with the finished product.

One new opportunity for making money online is called Fivver.com and it is marketed as being fun and social. Basically members are free to make several listings advertising tasks that they are willing to do for $5. As an experiment I listed a whole bunch of these gigs. The amount of time and trouble that each task would entail varied quite a bit. Not surprisingly, it was one of the hardest jobs that finally attracted my first (and so far only) sale. I said that I would write a web address or short message on a beautiful island beach for $5. Here is a breakdown of what this involved…

  • Waiting 20 minutes for the bus (which does NOT go all the way to the beach)
  • Walking 2km to the beach.
  • Spending about 35 minutes placing white stones on the sand to spell out the message.
  • Documenting the end result with photographs and video.
  • Walking ALL THE WAY HOME, about 5km.
  • Editing and uploading the video document.

So yeah, that’s a lot of time and effort for $5. Did I mention that the site take $1 off the top? Oh, and did I mention that I have to build up a minimum of $40 before I can request payment from Fivver?

Job of the Day

Monday, August 18th, 2008

This guy isn’t asking for much…

A web site, which would have following functionalities:
1) Login
2) Any user can upload its story on net. So we need to give a full fledge functionalities like Microsoft word. All major word class languages can be used…like French, German, Chinese, Hindi, Tamil, Punjabi, English, Urdu etc.

3) Any user can broadcast live video anywhere across the world. We want to give a user functionalities if user wants to broadcast to selected user from his/her own list of users or broadcast to whole world by broadcasting on our site. For example, if any function take place in India and relatives in Canada want to see live this function in Canada on our site.

4) Forum functionality: user can create there own forums. For example thread like Technology, Personnel Advice.

5) User can do any type of conferencing using our site to sleeted users in his/her own users list.

This isn’t from Craigslist. It is from odesk, a place that usually features some pretty decent jobs. This one comes from someone who has high hopes. They want to pay somebody $1500 to build them their very own YouTube. I also saw a guy who was paying $10,000 to have a MySpace clone built for him. He might get some serious takers on that, but he will be throwing his $10,000 away. Maybe he just wants to be Tom.

Craiglist Item of the Day

Monday, August 4th, 2008

This post is pretty peppy:

Lymabean is a social networking-ish website for college students. The best way to get a feel for what were doing is to watch the demo video weve put up. Its at: http://beta.lymabean.com - and if youre a student, you can sign up and try it out.

Were looking for a talented marketing student with some guts. Working in a startup means you get to do a lot of different things, and your ideas can help build the company. The site is brand new launching with the start of the fall semester so its a pretty sweet time to get in on the action.

Interns will be directly involved with the large-scale launch, including planning and running the launch at your particular school. Itll help if youre outgoing and fearless, since our goal is to get out into the public eye. Well also be finishing and refining the Lymabean site itself, so were looking for someone with experience in Facebook, MySpace, etc., and opinions about how to improve on them.

The biggest thing were looking for, though, is ideas for rolling out Lymabean to campuses everywhere viral-style, guerilla-style, internet-style, whatever new and cool ways we can spread the Bean love. Youll report directly to the CEO, and your ideas will actually be used (as long as they dont suck).

Were in California, and youre probably not, but thats cool. Were looking to get talented people from anywhere so if youre graduating and can come out here, or will be spending some time out here for any reason, let us know. Were not terribly rigid. Plus, our office is literally minutes from the beach. Its a good place to end up.

Hours are very flexible, and we have a very relaxed and fun office and we get a lot done because of it. Were bringing in interns to get new, fresh ideas, and because the company is growing faster than were able to keep up with it. What we need most is people who can capture the vision of the Bean, and run with it.

Contact:

Jeff Wurtz, Lymabean CEO

jwurtz@lymabean.com

(714) 856-2762

Interns can be an asset to a company. I have spidey senses telling me that this startup is a dog project that isn’t attracting any money and that they NEED interns if they want to see the light at the end of the tunnel. Or they could be pedophiles. You have to watch out for that in startups.

Ok, so I am being a bit harsh. I checked out the enterprise and it seems to be a going concern. Could it be possible that there are enough anti-facebook university students to make this model profitable?

I was able to find an article stating that founder Jeff Wurtz was ‘closing in’ on some seven figure angel investment. Captain TechCrunch stopped short of calling it dead in the water when he reviewed it back in February. That may be because it is not in the water yet (still in beta) or he may have been PAID to say it looked pretty.