YouTube MeToos
The rumor we reported Friday has become fact. Google announced Monday that it is acquiring YouTube for $1.65 billion. Expect this to lead to ever more Startups in Wonderland, aiming to become the next YouTube by attracting Tribble Traffic. I call them the YouTube MeToos.
To save MeToos a lot of time, here is the prototype for the business concept section of a MeToo business plan:
[company name] will develop a web site which [optional adjectives] people can use to share [plural noun] for free. We will focus on building traffic to the exclusion of all other considerations. We will delay as long as possible attempting to monetize our traffic because that might get in the way of building it. Our exit strategy is to be acquired by a large established company that believes it can monetize the traffic, before we reach the point where the cost of scaling up our infrastructure to handle our traffic becomes prohibitive.
Fill in the company name. Add optional adjectives to describe the subset of the human race you expect to turn into tribbles, or leave them out and the whole world is your audience. Fill in the plural noun that names the bait for the tribbles. Then seek venture funding.
Here is an example:
StartupsInWonderland will develop a web site people can use to share MeToo business plans for free. We will focus on building traffic to the exclusion of all other considerations. We will delay as long as possible attempting to monetize our traffic because that might get in the way of building it. Our exit strategy is to be acquired by a large established company that believes it can monetize the traffic, before we reach the point where the cost of scaling up our infrastructure to handle our traffic becomes prohibitive.
I’m off to Sand Hill Road to pitch my plan…
Copyright © 2006 Philip Bookman
Technorati: Google YouTube software strategy venture capital
To save MeToos a lot of time, here is the prototype for the business concept section of a MeToo business plan:
[company name] will develop a web site which [optional adjectives] people can use to share [plural noun] for free. We will focus on building traffic to the exclusion of all other considerations. We will delay as long as possible attempting to monetize our traffic because that might get in the way of building it. Our exit strategy is to be acquired by a large established company that believes it can monetize the traffic, before we reach the point where the cost of scaling up our infrastructure to handle our traffic becomes prohibitive.
Fill in the company name. Add optional adjectives to describe the subset of the human race you expect to turn into tribbles, or leave them out and the whole world is your audience. Fill in the plural noun that names the bait for the tribbles. Then seek venture funding.
Here is an example:
StartupsInWonderland will develop a web site people can use to share MeToo business plans for free. We will focus on building traffic to the exclusion of all other considerations. We will delay as long as possible attempting to monetize our traffic because that might get in the way of building it. Our exit strategy is to be acquired by a large established company that believes it can monetize the traffic, before we reach the point where the cost of scaling up our infrastructure to handle our traffic becomes prohibitive.
I’m off to Sand Hill Road to pitch my plan…
Copyright © 2006 Philip Bookman
Technorati: Google YouTube software strategy venture capital
Labels: software strategy
posted by Phil Bookman at 10:07 AM
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