Tell HN: Monetization Meetup (May 18, 2009) at Googleplex (Bldg #43)(socialapp.wordpress.com)
socialapp.wordpress.com
Tell HN: Monetization Meetup (May 18, 2009) at Googleplex (Bldg #43)
http://socialapp.wordpress.com/2009/05/17/announcement-monetization-meetup-may-18-2009/
2 comments
Can someone help clarify this meetup's topic for me? To me, "monetization" means "extracting more revenue/sales/profit from each user"... a kind of general business issue. But it looks like this is more about virtual currency systems in game and game-like worlds. Is that right?
My understanding is that it's around Virtual Currency trying to monetize your applications (facebook, myspace, etc). And you still monetize a 'user' as you make him buy Virtual Currency via either
i) Real Dollars. (you get the money)
ii) Doing Offers. (The Offering company pays you)
Many VC's think it's a proven model for at least Social Networking Applications. (See Offerpal Media, Peanut Labs)
I will be heading there tomorrow, so I will update you guys how it went.
i) Real Dollars. (you get the money)
ii) Doing Offers. (The Offering company pays you)
Many VC's think it's a proven model for at least Social Networking Applications. (See Offerpal Media, Peanut Labs)
I will be heading there tomorrow, so I will update you guys how it went.
Thanks!
you can use the #mnw2 to get tweets on the topic OR I'll blog the main points when I get some time.
I'd love to see more posts like this directly on HN.
BTW there is also a NewTech meetup every 1st Tuesday of the month at Palo Alto on the DLA Piper Buildings(near 101).
Typically it consists of 3 or 4 demos of products(pretty much Web based applications). I saw Evernote, FluidApp, Retrevo to name a few in these meetups. It's then followed by Networking where you can look for fellow founders or even hire developers etc etc ...
Typically it consists of 3 or 4 demos of products(pretty much Web based applications). I saw Evernote, FluidApp, Retrevo to name a few in these meetups. It's then followed by Networking where you can look for fellow founders or even hire developers etc etc ...