Comments on: My Newest Investment – Judy’s Book

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By: Settor22

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Try to improve financial and social decisions. ,

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By: Uri L.

Uri L. — Wed, 30 Nov 2005 15:11:43 +0000

Well, now I’m really waiting for the new v1 UI, as the current one seemed to be a bit cumbersome and unfocused.

The Judy’s google maps page however, is very strong.

Also the “TrustScore” feature is interesting and seems to hold nice potential.

By: Nathan Schor

Nathan Schor — Wed, 30 Nov 2005 01:09:09 +0000

I have a similar request as the previous post where I believe the ambiguity was in the phrase “have to start with the math problem, treat supply and demand as variables, and then iterate on the equation. Not surprisingly, this isn

By: Janara

Janara — Thu, 24 Nov 2005 18:06:56 +0000

I found the review very interesting about how Service Magic figured out the formula/equation model. However I did not understand it completely. Can someone explain this equation model further ?

By: Max Niederhofer

Max Niederhofer — Wed, 23 Nov 2005 22:27:50 +0000

Thank you for clarifying the “equation model” approach for thinking about internet business. This is something I’ve been practising for a few years now and I’ve rarely met someone who is as clear about it as you.

Most internet businesses are fundamentally about “what does the traffic cost” and “what dollar revenue do I convert that traffic to” (spammers and pornographers have understood that from very early on and it’s a key factor in their “success”).

And as a note to the viral marketers amongst y’all who scoff at the notion of “paying for traffic”: I am quite sick of hearing about “viral marketing” as some web 2.0 panacea of where demand will come from. Many companies (Ludicorp, Craigslist, Blogger) have worked very hard to create products that are not only inherently viral but have spent good money developing tools that encourage demand-creation – and that’s an investment in marketing if I’ve ever seen one: it can be expressed in $/traffic.

Cross-posted to maxniederhofer.com

By: Joe

Joe — Wed, 23 Nov 2005 14:48:43 +0000

Great post on Judy’s book and social networking / review sites in general. I’ve personally found a lot of value in Yelp.com, particularly when I lived in San Francisco but also having recently moved to Boston.

At this point, Judy’s and Yelp (and a couple of others) seem pretty similar. Yelp may have the better UI, though, in my opinion.