RedBeacon Wins The Top Prize At TechCrunch50 2009
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As far as those 2 choices, yeah CitySourced has a good idea, but most towns already have a line you can call to report potholes etc.
LocalBacon I thought was stupid. It might have worked if it was the only option out there, but it's not. Why would a user go to their crappy site and pay money, if they can apply on Monster for free. Same goes for advertisers, they'll still have to post on Monster/Dice and deal with all that crap anyways, How many people using the LocalBacon who don't know about Monster?
Also localbacon is a very bad name, I read the TC post on it yesterday, yet when you mentioned it just now, I didn't think about the company, I thought it was a service that would deliver bacon to your door. So they have 0 name stickiness.
From a judgment perspective, the market cap proposition of CitySource is not there. As in, if you funded this and this were actually highly successful they would only be able to net a few million a year. Additionally, getting cash from cities is going to be extremely difficult in this budget cutting environment.
LocalBacon was much riskier. They didn't really have a solid distribution model.
Congratulations to RedBeacon team and TC50.
Can you honestly say that these guys will still be in business a year from now? Shouldn't that be a requirement for the winner of the "best tech conference"?
And frankly, this is business, not a spectator sport.
http://www.techcrunch.com/2009/09/15/tc50-trollim-lets-coder...
Edit: but why did they decide to call participants "trolls"?
And if it's not so simple, then wouldn't it require innovation to build the platform and the marketing to make it all gel?
I don't know if these guys can pull it off. But if they do, they will need a lot of <unsexy> innovation.