just started using this yesterday and I'm hooked. I have to be in a ton of meetings and as much as wish meetings would go away, no such luck.
being late less often. not having to check calendar and wonder if its a zoom or google meet, and seeing the days schedule from the menu bar all add up to compounded daily value.
$10 a month is a little steep, but I don't think the "people that have a lot of meetings" audience is super price sensitive.
thanks for your feedback!
Yes limited to legal states, starting in CA. I def think the market is big enough, many very successful dispensaries (online and stores) - and this addresses the casual / foodie centric market which is the fastest growing segment. Boxes can be customized 2 of 3 products required.
A few things to add, my background is in running direct response marketing campaigns for tech/web Co's. A few years back we did a small monthly ad spend via facebook, basically display ads with very cheap CPM's and even then pretty great demo targeting, but poor results. It was cheap and semi relevant so we continued on.
In the last 3-6 months many of the Co's I've been working with
have greatly expanded their FB advertising with CPA's on par or better than Adwords Search. It's very important to separate branded and non branded search terms on Adwords when evaluating a campaign. Non branded is what matters for evaluating effectivess of Search campaigns.
FB has a huge advantage in demographic targeting. There are only so many relevant queries on Adwords and once you have covered your bases with relevant KW's, its hard to profitably scale past that stage. You can endlessly optimize but the gains are incremental.
I agree that buying likes on FB is not great, the exception is if your super targeted by demo and location, and then do friends of friends lead campaigns on top of the newly acquired likes, that can work, but it takes patience and a bit of budget.
FB's rising stock price is a direct result of their expanding share of advertising budgets.
Here are a bunch of details from the Crimal Complaint:
• This has been a joint operation run the cybercrime squad within the FBI's New York field office. It involved theFBI, DEA, IRS and Homeland Security's investigative unit.
• ---
• It's unstated from when the investigation started, but they received a complete copy of the Silk Road web server on the 23rd of July 2013. This was all done under the Mutual Legal Assistance Treaty, which implies that they had access to current site information up until the point they shut the site down.
• This included user account and transaction information. It's unclear whether or not this covers addresses and other sensitive transaction information.
• This also apparently covers at least 60 days worth of messages from the period where the site was copied.
• From February 6, 2011 to July 23 2013, 9,519,664BTC was generated in sales, 614,305BTC going directly to DPR in the way of "commissions". This comes to a total of 1,229,465 transactions.
• Based on the copy of the site which the FBI received, they believe DPR to have been the sole operator and owner of SR, handling all aspects of the site himself and delegating only user affairs to appointed moderators.
• ---
• In March of this year, a SR user/vendor called "FriendlyChemist" attempted to extort DPR via SR's private message system, providing proof that he had the names/addresses of thousands of vendors/users after having allegedly hacked a bigger vendor. He demanded $500,000USD, saying that he needed the money to pay off his supplier. DPR then stated that he wished to speak to FriendlyChemist's supplier.
• A user called "redandwhite" then proceeded to contact DPR, stating that he was FriendlyChemist's supplier and also the owner of his debt. DPR then solicited redandwhite to "execute" FriendlyChemist, supplying redandwhite his full name and address. After having agreed on terms, DPR sent redandwhite approximately $150,000USD (1,670BTC) to have FriendlyChemist killed. redandwhite later provided photographic proof of the alleged murder.
• Investigators could not find any record of somebody in that region being killed around that date or matching that description. This possibly implies that DPR was duped/scammed, but, DPR is also quoted as having told redandwhite the following: "Not long ago, I had a clean hit done for 80k."
• ---
• DPR has been identified as Ross William Ulbricht.
• > "He is 29 years old, graduated from the University of Texas with a Bachelor of Science degree in Physics in 2006. From 2006 to 2010, he attended graduate school at the University of Pennsylvania School of Materials Science and Engineering."
• His LinkedIn profile is at: http://www.linkedin.com/in/rossulbricht
Now, onto how he got caught...
• An agent involved in the investigation ("Agent-1"), found the first few references to SR on the internet from somebody only identified as "altoid", attempting to promote the site in its beginning days, in January of 2011.
• In October of the same year, a user also going by the name of "altoid" made a posting on Bitcoin Talk titled "a venture backed Bitcoin startup company", which directed interested users to "rossulbricht at gmail dot com".
• That email address is what led to DPR's downfall.
• ---
• After identifying "altoid", they started connecting the "DPR" identity to Ulbricht pretty quickly.
• Ulbricht's Google+ page and YouTube profile both make multiple references to the a website dubbed the "Mises Institute". DPR's signature on the SR forums contained a link to the Mises Institute.
• DPR cited the "Austrian Economic theory" along with the works of Ludwig von Mises and Murray Rothbard, all of which are closesly associated with the Mises Institute.
• Server logs show that someone logged onto the SR administration panel from San Fransisco around the same time that Ulbricht was staying in San Fransisco.
• Multiple fake IDs were intercepted by U.S. Customs & Border Patrol while on their way to an address which Ulbricht was living at the time. These IDs all carried photos of Ulbricht but had false names and details. This was around the same time that DPR stated in a message that he was acquiring some fake IDs to buy new servers.
• When questioned by Homeland Security about the fake IDs, he refused to answer any questions but then stated that anyone could purchase such things using "Silk Road" and "Tor".
• The address which Ulbricht was staying at was being rented in cash and he was living with housemates who knew him under a name which corresponded with one of the fake IDs.
• He posted on StackOverflow using his real name, inquiring about how to use curl/PHP to grab things off Tor, before quickly changing the name to "frosty" (with a fake email: [email protected])
Second murder conspiracy allegation
• A superseding indictment was filed in federal court in Maryland less than a day after Ulbricht was initially arrested and charged. This details DPR attempting to have somebody tortured and murdered for $80,000.
• This is likely the incident which he referenced when speaking to "redandwhite" about having "FriendlyChemist" killed.
• He has been indicted in Maryland for charges stemming from these allegations of murder for hire.
• The charges are as follows: Attempted Witness Murder (carries a maximum sentence of 30 years), Use of Interstate Commerce Facilities in Commission of Murder-for-Hire (carries a maximum sentence of 10 years), Conspiracy to Distribute a Controlled Substance (carries a possible sentence of 10 years to life imprisonment) and Aiding & Abetting (carries a matching sentence of the crime which the accused aided and abetted with).
• It is alleged that in February of this year, undercover agents approached DPR claiming to want to sell large amounts of cocaine, with DPR acting as a middle-man to facilitate the finding of a buyer for the drugs.
• One of DPR's "employees" then agreed to receive the drugs and was then apprehended by police upon receiving a package which he believed to be a kilo of cocaine.
• This employee then allegedly stole money from some SR users and went missing, which led DPR to believe that he might talk to the police.
• DPR then solicited the undercover agents to have the employee tortured to give the stolen Bitcoins back.
• A day later, DPR changed his mind and requested that they kill him after torturing him, stating that he"was on the inside for a while, and now that he's been arrested, I'm afraid he'll give up info."
• They agreed on a price of $80,000 for the torturing and murder of the employee, with $40,000 paid in advance and $40,000 paid on proof of completion.
• DPR then sent $40,000 from Technocash Limited to a bank account at the Capitol One Bank in Washington D.C.
• The undercover agents provided DPR with photos of the employee being tortured, then finally, dead.
• DPR then sent another $40,000 using the same method.
I think fred is right and barry (author) is also right. There is a general bias by VC's to ad supported startups, and they can be overly enthusiastic about the latest "business model" to emerge.
From the startup perspective - both ad based revenue and subscription or direct e-commerce models are hard, but the old adage applies: built something people want.
disagree that is has nothing to do with the site and everything to do with visitors. these are closely correlated - the content and reputation of a site very much dictate the type of visitors it attracts.
exchanges are very useful for buying ads but the strategy is the same - finding good sites that cater to people that are likely to buy your product or service.
I think we can all agree that Zuckerburg is indeed a Hacker (in the HN context). He's been hacking since he was a kid, and he built facebook (duh). When he was at StartUp School a few years back - he was clearly in his element.
If we are bashing fb for using personal info to sell ads - the same principal basically applies to any major social site in the world.
Hate him or love him - fb has been a huge boon for the everyday people, tech startups, and hackers; and along the way has made Zuck and many others massively wealthy. Don't hate.
being late less often. not having to check calendar and wonder if its a zoom or google meet, and seeing the days schedule from the menu bar all add up to compounded daily value.
$10 a month is a little steep, but I don't think the "people that have a lot of meetings" audience is super price sensitive.