David Philips wrote an article on Seeking Alpha, called On Blue Nile’s Lackluster Business Strategy last week. Those who have followed the company for a long time, know, that Blue Nile (Nasdaq: NILE) is one of those rare gems, a dotcom era survivor. In many ways, they are a posterchild of a business that exploited
We have reviewed the business story of Wize.com, now let’s take a look at their product from my Web 3.0 framework perspective. Context The Context in which you would come to Wize, is Product Research. The key to Wize is the Wize Rank, which is algorithmically derived from Expert Reviews and User Reviews culled from
Wize is a relatively new entrant to the product research field, and unlike its competitor Become, does not offer an integrated search experience whereby you can do your product research as well as comparison shopping for price within the same environement. I gave this feedback to Tom, and he agrees, that the fragmented user experience
Following my conversation with TheFind, a lifestyle shopping service, here, we explore Wize, a product research engine. In this discussion, I am speaking with Tom Patterson, CEO. SM: Please describe your business value proposition and your product. TP: Wize is focused on helping people decide what to buy. We do this in several ways. First,
[Part 4] TheFind launched relatively recently, and has gained very good traction already. They are also generating some ad revenues at a $5-$10 CPM range via a partnership with Glam Media. Let’s hear more details from Siva. SM: What stage are you at now? SK: Our site has been open to consumers for the last
[Part 3] One of the questions I often explore with serial entrepreneurs, is how do they identify the next open problem to work on. In this segment, Siva explains his thought process on how he Found the Find. SM: Under what circumstances did the company get started? SK: The company was started in 2004 while
[Part 2] TheFind obviously has identified an exciting opportunity, but is it big enough? The answer to this question determines whether the venture will scale or not. It’s interesting how Siva derives the TAM. SM: How big is the market for what you have to offer? TAM analysis is essentially what I am looking for
[Part 1] I introduced Siva to some VC friends of mine based on a very specific criteria he had mentioned. The VCs LOVED the company. Why? See how precise and detailed Siva’s analysis is of the customer and the competition. No hand waving in the air. No approximation. Plane hard facts. Impressive! SM: What is