Comments on: Powerset’s internal problems http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/ "Fortitudine Vincimus" - Rants and thoughts of an optimist mind Tue, 22 Dec 2009 22:26:40 +0000 http://wordpress.com/ hourly 1 By: alexbarrera http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-22 alexbarrera Thu, 15 Nov 2007 15:33:15 +0000 http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-22 Indeed @5, I would say that the problem isn't that they didn't deliver (yet), but the inefficient use of buzz momentum they generated. You can sell your product calmly and when it's close to the end you might want to push some buzz around it, but create hype and not deliver in some reasonable time is a brand killer. As you say, caution please when resorting to over hyped campaigns. They work, just look at the iPhone, but you need to know very well how to play that game. Indeed @5, I would say that the problem isn’t that they didn’t deliver (yet), but the inefficient use of buzz momentum they generated. You can sell your product calmly and when it’s close to the end you might want to push some buzz around it, but create hype and not deliver in some reasonable time is a brand killer. As you say, caution please when resorting to over hyped campaigns. They work, just look at the iPhone, but you need to know very well how to play that game.

]]> By: philobuster http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-18 philobuster Wed, 14 Nov 2007 07:18:40 +0000 http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-18 It's a cautionary tale about how dangerous it is for a startup to over-promise in a very public way and create a huge buzz, and then utterly fail to deliver. The buzz probably makes it easier to raise money and hire good people, but it can also put your company in mortal danger if you don't live up to it. It’s a cautionary tale about how dangerous it is for a startup to over-promise in a very public way and create a huge buzz, and then utterly fail to deliver.
The buzz probably makes it easier to raise money and hire good people, but it can also put your company in mortal danger if you don’t live up to it.

]]> By: hiram http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-16 hiram Thu, 08 Nov 2007 01:38:55 +0000 http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-16 Thats not good, one of the founder is leaving the company and the other step down after years or month of selling to the whole world the idea behind powerset vision.I bet you investor are getting nervous about it, i will be too. A CEO for an start up company that have not yet come up with the product or make any money yet, thats crazy, how and from where they going to come up with the money to pay this person, this new person don't know anything about their idea, (usually known just by the founders - thats why it call an start up ),how he or she going to sell it to future investors, etc, feel sorry for the investors that put more then $12 million dollar on this ideas without seen any product or results.remind me year 2000 - internet bubble. the idea behind powerset is fantastic, but this guys don't see to me like the tipical start up determing kind of people, don't you think google that have billions of dollars and personnel, would had done this already if people were ready for this can of new search technology. Thats not good, one of the founder is leaving the company and the other step down after years or month of selling to the whole world the idea behind powerset vision.I bet you investor are getting nervous about it, i will be too. A CEO for an start up company that have not yet come up with the product or make any money yet, thats crazy, how and from where they going to come up with the money to pay this person, this new person don’t know anything about their idea, (usually known just by the founders – thats why it call an start up ),how he or she going to sell it to future investors, etc, feel sorry for the investors that put more then $12 million dollar on this ideas without seen any product or results.remind me year 2000 – internet bubble.
the idea behind powerset is fantastic, but this guys don’t see to me like the tipical start up determing kind of people, don’t you think google that have billions of dollars and personnel, would had done this already if people were ready for this can of new search technology.

]]> By: alexbarrera http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-12 alexbarrera Tue, 06 Nov 2007 17:55:37 +0000 http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-12 Nice tip DAR. I don't want to speculate on that either, as you say, Valleywag isn't a reliable source. Nevertheless I've heard it might have been a clashing of personalities (dunno if it was due to the rumor). I sent this post to the guys at Powerset but, as I suspected, I got no answer. Nice tip DAR. I don’t want to speculate on that either, as you say, Valleywag isn’t a reliable source. Nevertheless I’ve heard it might have been a clashing of personalities (dunno if it was due to the rumor). I sent this post to the guys at Powerset but, as I suspected, I got no answer.

]]> By: DAR http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-8 DAR Mon, 05 Nov 2007 17:21:24 +0000 http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-8 Valleywag (granted, not a completely reliable source) recently posted a bit suggesting that the departure may have had to do with some extramarital issues that made it impossible for the 2 founder to continue working together. http://valleywag.com/tech/rumormonger/hanky+panky-ousts-pell-as-powerset-ceo-318396.php Hard to say if it's true or not, of course. Valleywag (granted, not a completely reliable source) recently posted a bit suggesting that the departure may have had to do with some extramarital issues that made it impossible for the 2 founder to continue working together. http://valleywag.com/tech/rumormonger/hanky+panky-ousts-pell-as-powerset-ceo-318396.php

Hard to say if it’s true or not, of course.

]]> By: Mark Evans http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-7 Mark Evans Mon, 05 Nov 2007 15:30:26 +0000 http://alwaysnewmistakes.wordpress.com/2007/11/05/powersets-internal-problems/#comment-7 You're right; building a new search engine is extremely difficult, particularly given the benchmark is Google. In terms of the management changes, you're right: it appears the VCs are getting impatient. You’re right; building a new search engine is extremely difficult, particularly given the benchmark is Google. In terms of the management changes, you’re right: it appears the VCs are getting impatient.

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