For the record: we’re not dead
Sunday, October 12th, 2008On May 12, 2008, TechCrunch incorrectly reported our death. The report was written by Erick Schonfeld. For those who think Erick got the story right please read this letter from our counsel:
The letter is dated Oct 8, 2008. It has been almost 5 months since we were added to the deadpool and haven’t yet, as claimed, had a fire-sale of assets. However, MJ is selling his 24 DVD Collection (seasons 2-5) if anyone is interested.
We’ve had so many questions regarding this awkward debacle, we’ve selected the most frequently asked to answer below.
Q: A lot of people have asked us why we haven’t posted about this sooner?
A: It just seemed like another distraction away from building the business and we’ve had too many of them. It has taken time for us to develop our business model. However, this isn’t uncommon or unexpected when you enter new waters (painful as it may be). If you think differently you may want to read F@W.
Furthermore, the odds are against startups winning. We felt that running around posting we’re not dead is like standing on an aircraft carrier with a ‘mission accomplished’ banner before the job is done.
Q: Why are you posting today?
A: Everyone is talking about the death spiraling economy and how startups better get *real*. Well, we’ll be cash flow positive this lovely fourth quarter, Gwabs goes to private beta on Halloween (sign up!) and FilmRiot submitted its first film to Sundance. We like these apples.
Q: Wait a minute! Wasn’t Michael *your CEO* quoted in the article saying the model failed?
A: Indeed he was. Yes, the *original* model failed. We expected to have many iterations on our model before we got it right. If this surprises you, it didn’t surprise us. For those counting: we’re on #4.
Q: Doesn’t it seem silly TechCrunch would predict any startup hits the deadpool? It seems about as insightful as standing at a lottery ticket counter and declaring each customer a loser - you’d only be wrong once for every 14 million people?
A: Yes it is silly - predicting who is going to hit the ‘deadpool’ is easy. Being able to predict who won’t is where analysis and talent would come into play.
Q: Isn’t deadpool a comic book character? You’d think ‘journalists’ from TC would put down their snacks and comic books to do some research?
A: Yes, Deadpool is a comic book character, considering Shelley, our President and Michael, our CEO have never spoken to anyone at TC we’re not sure how much/little comics they read.
Q: Why would TC want to post anything about you guys anyways?
A: They need stories to make money. Why are we interesting? I’m not sure, but we’re taking that as a compliment.
Q: Is TechCrunch owned/operated by the same people who publish Valleywag?
A: No comment. However, you may find this post interesting.
Q: Didn’t Jeff Howe also say in his crowdsourcing book that you guys sold off a majority of your assets?
A: Yes, he did. It is on page 278 and he uses this incorrect fact to kick off Chapter 11.
As you saw from the letter above he got it wrong. This hurt because we really like Jeff. Jeff - in case you forgot Michael’s phone number: it is 1.403.617.8836.
If you’re looking for a good book on crowdsourcing, we’d like to recommend: E-Preneur by Richard J. Goosen, Ph.D.
Q: Didn’t TC just post about WeAre.Us? Didn’t they get funding from VenCorps? Isn’t VenCorps using Chaordix (your crowdsourcing technology)?
A: Yes, Serkan just posted about WeAre.Us. Somewhat funny, as in the same article, they are promoting a site built by a company they call defunct. It seems fact checking isn’t a top priority at TC. You might want to sign up for Vencorps and double check to see if WeAre.Us actually won
.
For those who love irony: Erick Schonfeld and Jeff Howe who got their facts wrong are quoted here about the ills of citizen journalism.
Q: WAIT: The original TechCrunch article also said ST walked away from you? So, this isn’t true either?
A: We don’t kiss and tell, but we can tell you this: it became obvious to everyone involved in this venture that we had the best crowdsourcing platform. We stand behind and promote those that we have partnered with.
Q: Isn’t the guy who posted the iReport that Steve Jobs has been rushed to the hospital with a heart attack under SEC investigation (you know, posting false news while shorting the stock to make money)? What regulatory body looks into journalists that make money by posting untruthful stories?
A: Good question. We don’t know. Anyone?
Q: We like Crowdsourcing, can Cambrian House help us?
A: Of course, drop Shelley or MJ an email @cambrianhouse.com.
Happy (Canadian) Thanksgiving,
Team CH



