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Thursday May 22, 2008
NameThis.com Rescues the Uncreative
"Whether it's a band, a product or a company, people have trouble naming stuff," he said. NameThis.com charges a $100 flat-fee ($80 of which is given to the community) and 48 hours later, you get the group's top three choices. This business plan strikes us as both brilliant and dangerous. While we've spent more time than we care to admit thinking of names for various ventures often at the expense of the ideas themselves we'd be hard pressed to provide a group of strangers with the level of detail about our brilliant(?) idea they'd need to come up with the perfect name. NameThis could work for a non-secret entity such as a band, but who wants to play in something with a crowd-sourced name? That's like saying you met your wife at a bar. But what's the deal with the Kluster newspaper? KNewsroom, which publishes a daily edition featuring original content and links, launched eight days ago. Original content pays $150 plus a share of the ad revenue for every article published in the daily edition, while links pay a percentage of ad revenue. Currently, 40-50 percent of the material is original, but Kaufman would like to increase that to 100 percent in part because "we'd be compared to Digg a lot less." When we asked about the sustainability of the platform $150 per article seems like an absurdly high amount Kaufman said, "We are incredibly transparent. Everyone knows we are spending a lot more than we are making." In the future, KNewsroom could decrease its payouts. "We will do what it takes to make sure the community is incentivized and we keep things going," Kaufman explained. The company, currently backed by Email This Post |
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