Mobile Apps treated like Hollywood movies?

I am posting it first in my personal blog since it just came up. If you are visiting by chance, welcome, but the rest of the posts will “sound greek to you” so please be patient, FuIT will be in English and will launch very soon.

It has been quite some buzz around a new bubble on internet and mobile related companies. Valuations prior IPO for several companies with questionable revenues hit record highs (you all know the Groupon story that is still on progress), acquisitions that made us all thing WTF (e.g. skype acquired by Microsoft) and everyone is asking the same question... do we experience the new .com bubble?

Quick answer no. If you really thing about it... in some cases yes. Lots of buzz for questionable outcomes.

Photo by Gavin Johnson

I still think about foursquare’s buzz when it only had 300k users when Wadja with 4million users never achieved such attention (I admit they targeted different market niches, but both back then were focusing on mobile social networks).

So I read about Oink http://www.oink.com/  on Techrunch, the first app from Milk, Kevin Rose’s startup lab. According to the post “Oink is an app that lets you rate things at different places, and uses social reputation to help others figure out who to trust about what topics.”

 

And I ask the question. Does it sound to you like a film trailer? “This winter, from the director of ___ the new science fiction film” Is there a Hollywood type industry creating the new stars, the new boxoffice hits?

No doubt, Kevin Rose is a highly respectable web entrepreneur. And I would not question his vision to create Oink, a mobile app that lets you rank things in different places (i.e. instead of ranking a restaurant or point of interest like you can do on Tripadvisor, you can rank specific things at those places). But I will question who is the person behind a new startup or a new mobile app.

If Kevin says so, then a large number of ___ (users, techies, entrepreneurs, advertisers, investors) will maybe say why not? If you say so? So when it comes down to decide if you will proceed with your new idea. What does it take to be mentioned by Techcrunch?

An idea never stands alone. The the team behind it plays a significant role.

 

Posted via email from Georgios Gatos