keep in mind that Flickr, Groupon, Nintendo and Nokia are all pivots. Your first idea is rarely your best, and pivoting is what great entrepreneurs do while B-level entrepreneurs run their companies into the ground.
Now, factually you're a little off... so please let me get you up to speed:
1. We've been doing articles and Q&A for 3 and 2 years--so that's not being scrapped.
2. A year ago we stopped pursuing human-powered search since it wasn't growing
3. We examined what was working and it was helping people learn--so we branded the company today "learn anything." This is a great big mission and it will make us a top 50 site in the next 2-3 years.
We currently have 105 team members and are adding 100--and we hit profitability in 2010. We are the 160th largest site in the United States not counting our YouTube traffic (1M+ views per day). If you added that together we would be top 100 today in fact.
In fact, I just left a meeting with one of our investors and they are thrilled with the fact that they invested in Mahalo and that we tried hard to make human-powered search work. They love the fact that we iterated on our idea. So much so they asked if we would take MORE of their money.
You must be a young entrepreneur, because success in life is not about confidence--it's about humility and the ability to try things.
keep in mind that Flickr, Groupon, Nintendo and Nokia are all pivots. Your first idea is rarely your best, and pivoting is what great entrepreneurs do while B-level entrepreneurs run their companies into the ground.
Now, factually you're a little off... so please let me get you up to speed:
1. We've been doing articles and Q&A for 3 and 2 years--so that's not being scrapped. 2. A year ago we stopped pursuing human-powered search since it wasn't growing 3. We examined what was working and it was helping people learn--so we branded the company today "learn anything." This is a great big mission and it will make us a top 50 site in the next 2-3 years.
We currently have 105 team members and are adding 100--and we hit profitability in 2010. We are the 160th largest site in the United States not counting our YouTube traffic (1M+ views per day). If you added that together we would be top 100 today in fact.
In fact, I just left a meeting with one of our investors and they are thrilled with the fact that they invested in Mahalo and that we tried hard to make human-powered search work. They love the fact that we iterated on our idea. So much so they asked if we would take MORE of their money.
You must be a young entrepreneur, because success in life is not about confidence--it's about humility and the ability to try things.
Good luck to you!