Marcelo Calbucci

Startup Score:

Successes: 0.1+0.5
Failures: 1
In progress: 1

Thursday, December 13, 2007

Is the Bubble exploding? Is sanity coming back?

 

    Just on the last week or so Edgeio and BlogNation have hit the floor. And now there is rumors that OmniDrive is facing the same end result.

 

    I got to be honest with you all. Every time I hear a company has gone out of business I feel a bit of relief. First, because Sampa has outsurvived them. Second, and more importantly, because it brings a bit of sanity back into the Web 2.0 world.

 

    There are just too many bad companies, and the noise level is just too high to get good press, good investors and good employees. Every time you go to meet with an investor they ask if you are a competitor of XYZ, and you never heard of XYZ before. And, to make matters even worse, XYZ is not even close to what you do, but all that they think is that there might be a similarity, thus it's *crowded*.

 

    Sampa will outsurvive most Web 2.0 companies because we are not built in a feature idea. We are full business with a full product. We are not built with 10,000 lines of code outsourced to some second class development company. We've built a tremendous amount of IP. And we are not running our business like it's 1999. We spend, but spend wisely. And, finally, the most important thing of them all. We proved that people are desperate for products like ours and that *our* product is sticky.

 

    Yes, there is the revenue issue, but we are doing well on that front and it can only get better from here.

 

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