Edgeio is brilliant ... and will fail.
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Edgeio is a brilliant technical idea with brilliant backers and exceptional buzz and it will ... fail.
This is a company made in Silicon Valley by Silicon Valley for Silicon Valley and it simply won't play in Peoria or even NYC.
"Ma and Pa to sell that kitchenware all you have to do is tag your blogs!"
I had a personal demo of Edgeio at the recent MashupCamp from its creator. He's clever and passionate about this very good theoretical concept of using simple blog tagging to develop alternatives to traditional listings/classifieds systems like EBAY or Craigslist. He's also got master VC dude Jeff Clavier behind him.
So how can this fail? Easy. People don't see the small fees at EBAY as a barrier to listing. It's the technology that is the barrier and unless Edgeio can build a MUCH better than current site that consolidates *existing* listings into a free format I don't see this lasting more than a year or so. I actually hope I'm wrong, because Mashups like Edgeio are a nice innovative way to restructure the web.
posted by Joseph Hunkins at 1:35 PM
9 Comments:
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You're thinking it won't play in other sides inside the US.
How about other countries? eBay works quite nicely if you sell and buy within North America and Europe. But its affiliates are having a real hard time breaking into their respective countries' markets.
Perhaps Edgeio has a solution to this, since blogging done from outside first world countries is on the uptake.
xeelee - a good point I'd not thought about. If Edgeio can take root as THE global alternative it might not even need the US market. But that is a BIG "if", because I'm guessing it's the US market they are after. You a good coder/mashup person? How about Xeeleeio ?
Could you expand on why you find it "brilliant"?
Another web 2.0 company that doesn't solve a real problem in my opinion. I totally agree, it will fail.
Expanding in next post...
I guess its not what you know-its who you know. If the TCrunch dude didn't write a blog this thing would get very little attention.
Its just boring to me but who am I. I dont like web20 sites much. Doesn't seem to solve a problem, seems to actually create a problem.
xeelee - I agree that Edgeio will have a hard time expanding to other countries or doing cross-border sales. I'm working on a solution to this problem with my new startup, Dekadu, but I'm not quite sure how we'd make our system work with tagged blog postings.
Where the heck is the creativity in the way Edgeio is desgined? They need a lot more maturity to come with a better product that can capture peoples' imagination. For now it looks like it will fail.
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