Ask HN: What's happened to Swivel?
Swivel.com were smart startup positioned themselves as YouTube for embeddable charts. They reported 1mln. charts in the system a few years ago, but last few months traffic to their web-site declined significantly and last 2 weeks the site is down at all. Anybody knows - what's happened to Swivel? My startup is somewhat similar to Swivel so I wonder whether the initial idea was bad or they faced some technical or organizational problems. Thanks.
2 comments
Years ago (pre swivel, post quantrix/tableau) I made a competitor as well. We quickly decided once we went out and talked to potential customers that it was a no go.
1) Very few customers wanted to upload their data to the web. Even less were allowed by law. 2) Most had integration problems - i.e. they couldn't actually access their data because it was in disparate systems. 3) Most people didn't actually use the information for anything, it was simply to provide them with "evidence" that they were right before looking at the charts. As a statistician this makes me sad, but it was the way things were at least when we investigated it.
Over time we gradually realised why BI was priced so high; it needs system integration alongside it. Now it turns out that we may have been wrong (gooddata.com are doing a good job as far as I can tell) but I still think it's the tip of the iceberg in terms of potential market.
My advice: target a niche with a huge problem where the customer is unable to get at their data at the moment. Choose the niche which has 1-2 big vendors of data collection systems with 80+% combined market share and provide the solution to the problem. And charge.
1) Very few customers wanted to upload their data to the web. Even less were allowed by law. 2) Most had integration problems - i.e. they couldn't actually access their data because it was in disparate systems. 3) Most people didn't actually use the information for anything, it was simply to provide them with "evidence" that they were right before looking at the charts. As a statistician this makes me sad, but it was the way things were at least when we investigated it.
Over time we gradually realised why BI was priced so high; it needs system integration alongside it. Now it turns out that we may have been wrong (gooddata.com are doing a good job as far as I can tell) but I still think it's the tip of the iceberg in terms of potential market.
My advice: target a niche with a huge problem where the customer is unable to get at their data at the moment. Choose the niche which has 1-2 big vendors of data collection systems with 80+% combined market share and provide the solution to the problem. And charge.
Thanks a lot for detailed reply. I would appreciate it if we could discuss the theme a bit more. May I ask you about your contacts? My contacts are in my profile.
They're gone. I interviewed the founders recently, the story was published on my website today: http://eagereyes.org/criticism/the-rise-and-fall-of-swivel
I'll also be following up with another story soon about the when and why the final decision was made (the story above mostly talks about how they got started and mistakes that were made, not the specific reasons they shut down).
I'll also be following up with another story soon about the when and why the final decision was made (the story above mostly talks about how they got started and mistakes that were made, not the specific reasons they shut down).