Meeteor.com Has Shut Down - Post Mortem
meeteor.com
meeteor.com
Here's a lesson, (learned personally BTW).
When you hear '90% of startups fail', failing usually means they wane.
It's like flying a kite (by someone bad at it). You can run with your kite and make it 'fly' but then you get tired and it falls to the ground. It can be a hundred reasons, it is either a bad/defective kite, it may not be windy enough, or you have to run faster for it to fly.
https://spokely.com/ (there is cert issure your browser will rightly complain about)
Found it referenced on this personal brand page: http://brandonhilkert.com/
Best of luck to them and onwards indeed!
A thank you letter to users is not a post mortem.
Just sit down and fill up a document with "next time I would do Y instead of X". You can also explain why, or what experience inspired the lesson. But definitely write them down. Keep the document handy. Over the next few months you'll keep having retroactive facepalm moments; you might as well get something out of them.
Right now it feels like you will never forget the whole crazy ride. But next time or the time after you'll read through a lessons-learned document and be very glad you have it.
The problem here was planning.
No one seems to have sat down there and thought it through with: What are we doing? How do we do it? Do we have the means? Do we have the capability? Are we going about this the right way?
"The landing page didn’t work in IE. It was buggy." Did no one open up the page in IE before launch? See what I mean about planning. It's unfortunate because these guys seemed to have cared about their product.
...chef Anthony Bourdain, who wrote our epitaph in Kitchen Confidential: "The most dangerous species of owner ... is the one who gets into the business for love."
I lifted that from the end of this page:
http://www.slate.com/articles/life/a_fine_whine/2005/12/bitt...In a way, that too is an example of poor planning.
The most interesting question you ask is: "Are we going about this the right way"
That's a question we asked ourselves...A LOT. We never quite found the answer.
I'm still looking for something like what you had in mind, and also what your users seem to be requesting the most. It's an interesting idea and one day, if you do become successful, please be the anti-Facebook that we're all hoping for.
I'll leave this here: http://marshmallowchallenge.com/TED_Talk.html
There's a big difference between correct planning and too much planning and I wish I could point out the big glaring wall that divides the two. The honest answer is that I don't know until I've walked in your shoes.
Most startups always go with : Idea > Platform > Tinkering > Launch
Between Idea and Tinkering is a feedback loop with improvements. But most importantly, there has to be someone outside the loop to tell you when too much planning is going on. When you're in it, you don't see it.
The loop you talk about is known among Lean Startup people as the build-measure-learn loop: http://lean.st/principles/build-measure-learn
The folks I see doing best are the ones with a clear vision who iterate as frequently as possible, testing their assumptions in order of risk. The right amount of planning is the smallest amount to let them learn frequently.
Doesn't sound cool to me. The most interesting relationships I have are the ones where there is not a huge overlap. They are more interesting.
I was a Meeteor user, albeit an inactive one -- I don't remember receiving emails engaging me or asking me to come back, so I forgot about it over time. That said, I signed up in the first place because this is indeed a pain point for me and many others I know. At the time, I had just moved to a new city and was having a hard time making friends (basically, I didn't have the balls to attend classes, meetups, etc. by myself) so I saw products like Meeteor as providing a great solution. Even now, I would love to expand my circle of girlfriends but in an industry filled with men, it's been hard to find like-minded females who happen to share similar interests.
Social Networkin 1.0 was about connecting with people online, that you had already met in real life. (You added a friend on Facebook, because you already knew them).
The next evolution of Social Networking was about people discovery. IT was about leveraging all that data we had online about ourselves, and our friend graph, to connect with new people based on our needs. Need to connect with someone at Amazon? Need to find a date for next week? Need a new cycling buddy?
Chances are that your new professional contact/date/cycling partner are just a friend away. Manufacturing the serendipity to make you connect with them is what we envisioned.
It's really powerful if you think about it - life comes down to relationships (and I don't mean that in a pure network-y sense).
It's also extremely monetizeable. Dating websites and LinkedIn make their money off of being the gatekeeprs to new relationships. If you can build the platform that is used for all of those contexts - you have the next big thing. (And Facebook just rolled out their attempt at this, which is stumbling with problems of identity and intent, but they'll figure it out hopefully)
Did you make at least $1 of profit? Gross?
The "meeting people" problem is asymmetrical. You have a bunch of people who want to meet new people. Unfortunately the type of people they want to meet already know so many people they are not looking to meet new people. Lots of people want to meet Katy Perry; She's probably a bit tired of people wanting to talk to her. How did you go about addressing this issue?
That was a lot fun - don't get to do that often in your life. Learned a lot from Mark that day, his composure and fluidity in conversation (holding court against three overly eager entrepreneurs) was unbelievable.
8,000 Registered Users (Growth was horrible) +1M people in our database total (after importing friends/connections)
Peak Engagement: 30% MAU 10% WAU Around 0.5% DAU (I think, this last one I'm less sure about)
Our SXSW Service was the most successful, but still not good enough : Signed up 3% of conference goers (As much as Glancee, Highlight signed up 5% of SXSW) 25% of our SXSW users logged in 3 or more times 20% of our users reached out to their matches.
I'll keep thinking through what other stats I can share.
It is interesting where you get some of these genuine reflections and numbers. You see them a lot on post mortems, but every now and then you will hit up a meetup or conference where it happens. Example: Attended the conference of world affairs at CU Boulder last year. It was the end of the day in a relatively empty auditorium. Both Tom Preston-Werner and Eric Wilhelm were giving some great insight into early business operations successes/failures.
Sorry founder(s) but no-one apparently cared much about your site. It happens to the best of us.
Stay foolish :)
So lets dig up that corpse...