Prismatic gets $15 million in Series A Funding
techcrunch.com
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The tech is really interesting too. High Scalability had a post this summer on how it all works: http://highscalability.com/blog/2012/7/30/prismatic-architec...
I just tried Prismatic, and while it seems interesting I don't think I would become a regular user. Though I may not the target audience.
I'm usually satisfied with Hacker News and The NY Times, though occasionally I'll look at other mainstream news sites like CNN to make sure that I'm getting a well rounded idea of what's going on in the world. I have Reddit blocked on my computer, but I'll look at it on my phone for comedy & interesting news.
After integrating with Facebook and Gmail, these are my current Prismatic headlines:
* The Huffington Post: Release Of Cult Sandwich Slated For Dec. 17, McDonald's Announces (Bad)
* RollingStone: On the Charts: Alicia Keys' 'Girl on Fire' Leads Lukewarm Week (Bad)
* Webmonkey: A Look at the Future of CSS (Okay)
* Complex.com: Inside Johnny Depp's New $17.5 Million Home in Nashville, Tennessee (Really bad)
* Skysports: Graeme Smith determined South Africa maintain momentum against New Zealand (Really bad)
The problem I see is that (a) my Facebook likes aren't necessarily representative of what I want to read about, and (b) even if they were, your system doesn't know what priority to give each like.
The result looks to me like a page full of linkbait. My experience may not be representative, but I thought I'd share it with you as it might be helpful in fine tuning your product.
Thus, personalizing my news by auto-subscribing me to sub-categories that the system "thinks" I'm interested in doesn't really solve any problems that I have.
The harder problem of news, in my opinion, is determining what's important and interesting and what's not. Time-weighted voting systems like on HN and Reddit do this very effectively. For example, I am generally more interested in the "Most Popular" articles on NY Times than whatever the editors chose to put on the front page.
I would be more interested in a startup that tried to create a HN for another vertical, like the movie industry.
I still think there is room for improvement over general voting systems like Reddit and HN. Something like weighting votes based on voting similarity between users. I don't know whether Prismatic will succeed but I think they are working on the right problem. I want the product they are trying to build, even if they aren't there yet.
I think adding a collaborative filter to HN or Reddit based on what you vote and view could actually work really well - that's a great idea.
Maybe we could get Reddit or HN to try it. Any Reddit employees here? I'm assuming PG is too busy to add that to HN, but maybe he could open up the codebase to an ambitious programmer.
Over the years a lot of services have tried to do this exclusively, but Flipboard is the only one that has bridged the gap between "stuff I definitely want to read" and "stuff on the fringes I wouldn't have actively sought but am happy I found."
For comparison, my first few headlines:
* Opponents of Egypt's Morsy continue protests (CNN)
* Facebook snubs 'Subscribe' button in favor of Twitter-esque 'Follow' on all profile pages (Verge)
* Extra-terrestrial life: Closer to encounter (Economist)
* node-webkit « Another Word For It
* Rethinking Mobile First (avc)
If my experience is the same as every other non-twitter user's, then it's likely that Prismatic's user base will be limited only to twitter users, unless they can improve their product.
But worse, after 15 minutes of mostly dismissing these kinds of articles (and clicking on anything even remotely interesting), it was still mostly giving results in these kinds of categories. Is this the wrong way to use the site? I have no idea, since there are no usage instructions anywhere.
Right now it needs to be way more aggressive about early negative signals, and introduce more variety rather than try yet another pro-sport article to check whether I'd be more interested in that than the previous 10. Because it's hard to believe that a lot of users are going to persist if the initial results are persistently bad, no matter how pretty the typography.
Any tips on how to score investment? Do you focus the pitch on the tech, the idea/potential or the current product?
Any good reads for getting started with pitching?
My beef is that it seems TC always ties news to funding cycles, which IMO puts the focus on the wrong thing.
Our startup used to ask people for write access (purely so we could implement "follow" buttons - we never sent tweets on people's behalf) and it was a frequent source of complaints, so we eventually switched to read-only with an upgrade path to a write token later on: http://lanyrd.com/2012/blog/twitter-read-only/
I also enjoy that the updates selectively target a few of my interests, as opposed to struggling to cram everything into a single email.
That aside, the profile page is very buggy. The interest bubbles doesn't seem to be useful in any way, and the list view will keep stacking your interests if you click it multiple times. Under my profile, where articles (apparently?) should be, nothing is displayed. They only show up when I click 'Read.' I also don't understand the point of having a clickable 'username', only to have it change the text to 'Your Profile.'
If you could choose between universe where you don't have Prismatic and another where you have the option of using it, you'd seriously prefer the former?
I follow mostly techie and economics topics, and I have never seen a fashion article. Heck, I'd consider it a bug if I did :)
(I do not think that is the job prismatic should be doing either)
(1) Is an iPad app on your roadmap? Anything you'd like to announce? ;)
(2) You once had an excellent post on your personal blog called "Learning About Machine Learning," with a list of excellent resources for learning about ML and statistics from first principles. The original post seems to be gone; are you hosting it somewhere else? I guess I could use the Wayback Machine if anything, but I'm curious whether personal blog exists somewhere new.
2) i deleted my old blog
One thing I missed was to navigate to topics from my home feed. Before I used to be able to on the right menu I think, now I need to click into my profile every time to go back to my subscribed interests.
It was useful to be able to view by topics because the home feed is a mashup of all topics (which can range from work to personal interest). Would love to hear your thoughts as well!
The bubbles showing my 'interests' at the beginning looked quite promising, so perhaps there is some tuning that could fix this (maybe even user configuable?).
How will Prismatic monetize? It would be a shame to see a service such as this offer featured articles or some other form of influence for pay. In fact, it would defeat the purpose of having something like this that would bring smaller media companies to readers who want the content they provide.
I look forward to seeing how you balance providing users the content they want with driving transactions to meet your revenue targets. Sounds like an interesting challenge.
1. API - I'd love to integrate with you guys.
2. Daily e-mail - As much as I like to use the site sometimes I just want to have stories pushed to me too.
3. I would like to have a bar at the top of the list of stories that shows what I have "saved for later". I usually save stories when I don't have time to read them but I always forget to go back and read them because it's not in front of my face.
Keep up the great work!
1. look at the jobs page: http://getprismatic.com/jobs <--- you will get the platform soon if we have anything to say about it! :)
2. see #1.
3. Really interesting interaction idea. we're exploring "the many uses of save" and this queuing behavior vs. longer term bookmarking is something we think about a lot.
Then it hit me: I live in Durham, NC. I hadn't told it that, but it probably deduced it from my IP. And somewhere in its great NLP brain, Durham, NC and Durham England are being mixed up.
Ah, the perils of AI.
Something like Flipboard's UI + Prismatic's content would be a super awesome product.
https://developers.google.com/google-apps/contacts/v3/#autho...
And I say that as someone who loves the tech behind it. But it's almost pointless.
Some (UI/UX) thoughts for you Bradford:
- Someone said that Flipboard looks better, I disagree. Flipboard (as well as Summly and others) might be a bit more "sexy" but Prismatic has better functionality + algorithm. Your funnel is really great.
- The flashing Facebook/Twitter/Google buttons are really annoying. It also makes me think that I'm accidentally hovering these buttons. Does this dramatically increase conversion?
- Someone mentioned here that your growth is not great (25K weekly). Do you think that only traditional sharing options will be enough to achieve growth corresponding to the goals this Series A indicates? I'm also thinking that maybe it would be smarter to focus on only one platform (i.e Facebook only) until you've figured out how to grow virally.
- The iPhone experience was much better than the desktop one. This may be because:
1. Your visual design is very different on desktop compared to iPhone. It's impossible to tell that it's the same service.
2. The desktop layout is confusing:
- The images are unnecessarily large (at least the really large ones)
- There's something about the font that's not great (take a look at Scala that the Stockholm/Berlin based Readmill is using)
- Seeing zero stars and comments on almost each article is a bit boring, it's not clear where the "home" button is (since it's located to the right)
- I can't see why there's such a distinction between "home" and "world news" - why not just get rid of "world news" and have a much more logical right menu
- "Your suggestions" in the right menu are great but it doesn't make sense to scroll horizontally.
Etc etc. (Should probably write you an email with screenshots + arrows instead...)
- The iPhone UI/UX has some flaws as well IMO. The menu is not always logical:
1. Since you've selected lots of topics in the funnel in order to add them to your affinity algorithm it's confusing that touching the suggestions in the menu takes me to a separate page instead of adding them. To add them, I apparently need to click the plus icon to the right. I'd suggest you to add an arrow to the left of each suggestion to solve this issue.
2. There's not a clear way to my "home" screen. "Home" is located under "Your activity" (why?!) and has some sub-categories; I'm still not sure why (in my case) Programming, Startups and The New York Times are located below the home-button.
3. The headlines are not too pretty (too bold/too big) and "Search" is slightly less bold which is not too nice (but obviously these are just details).
Well, thanks a lot for building a great service. :)
EDIT: Just saw that your designer Mikael is also a ~22yo designer from Stockholm, no wonder I'm a fan.