Slide sides with Old Media, starts retreating from Fun Facebook Widgets and into…Fun Media? |
| Published: October 7, 2008, 8:00 am |
| Tags: facebook, widget news, facebook widgets, slide, slide facebook widgets, slide funspace, slide media content |
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Slide has always been touted as one of the Top examples in Widget Startups. i do agree. because there is nothing wrong with that it does. it is quite profitable. the problem is that Slide raised too much funding money for what they did and what their core market was and then asked for valuations that do not represent the value of what it can accomplish in a realistic manner. What is worse. it is in the biz of surfing trends inside a Social Network Platform that evolves yearly making the market of what slide tackled very temporary. This forces it to constantly trying to reinvent itself in order to look for revenue streams that give it the prospect of future projected earnings in a very uneven and risky way. the truth is that if Slide was not as Founded and valued as it is. it could happily chug along at is own pace without a problem and extend and adapt without changing its focus every 6 months or so. But since that is not the case in the slightest. it now has side up with old media [ Full article ] |
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