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> So we worked out a deal where I gave him $20k in Bitcoin and a domain that was making about $9k/year in ad revenue, and he gave me the domain friendster.com. Now I was the owner of the domain name friendster.com.
I don't know anything about how to project future ad revenue of a domain, but would this be likely to be valued at only $10,000? Unless I'm misremembering my limits, even if it made $4,500 next year and continued to cut in half every year after that, it would still account for $9,000 of revenue projecting indefinitely into the future, even bumping that up to something like 60% of the previous year's revenue it would already put it at more than $10,000 (although I don't know whether ad revenue tends to scale with inflation or not; my instinct is that the prices of ads probably would roughly increase with inflation over time)?
I know I'm nitpicking a bit about the title, but I can't help but actually be curious now that I thought of this.
That's obviously an upper bound, because those domains won't make $9000/year forever. But valuing them at $10k if they make $9k/year is equally unsound. Not to mention the domain is worth more than its ad revenue. You could also end up selling it to a company that came up with the name and saw that the domain is available for purchase for some reasonable 4-5 figure amount (like in the example of this very article, where someone buys a domain for a five-figure amount)
Obviously there is a lot we don't know (is the $9k pure profit or are there substantial costs? How likely is the domain to sell?), but it sounds like the seller got the better end of the deal. He got more than $40k in value, in return the author got a deal he could afford
1. Make it QR code scanning instead of tapping so it can be a PWA.
2. Make it a PWA. This will make it accessible to many more people. Nobody wants to install an app. Nobody wants to install a PWA either but they will at least use a "web site" (a surprising number will install it if it's good).
3. Save yourself a lot of money by building it on top of the Nostr protocol. Run a relay yourself if you want guaranteed reliability. Run a Blossom server for media. Use email for auth and store people's keys for them if you want a traditional UX. Don't worry about what's on Nostr already, just build your own thing on the protocol.
Let people come and go as they please and don't lock them in. They will love you for it later.
Cool project. Have fun!
But yeah, that comment is a bit disconnected to majority of the population.
Okay.
Misses the point completely. The entire idea is that this enforces in-person meetings, which QR codes do not.
For a moment I thought maybe the app was US exclusive or something and not available in my region.
But following the link from the post worked fine and I could install it.
I literally searched Friendster and the app is named Friendster but App Store gave me all kinds of other crap in the search result instead. Weird.
Anyway, installed the app finally thanks to the link.
https://apps.apple.com/us/app/friendster/id6760240416
Constructively, of course (if you care for feedback devolving ramble-y):
Could almost see myself using a web app version of this for kicks. But can’t sign up for another network (though would be happy to link a self hosted project, if I could stumble through setup). Apps don’t feel private (Apple neglects to offer basic firewall/other features), and not sure how someone would look at me trying to get them to register somewhere… maybe the phone tap pitch is enough? (Especially if it’d allow one-tap registration for friends inviting new friends, because the phone bump allowed for some data transfer.)
Anyway, understand self hosting is ostensibly permanently destined to be unpopular but somehow feel if the pitch were “be your own network, tap the phone, use this Friendster infrastructure/instruction set to link your networks”, I’d be more tempted.
Thank you for keeping it not evil!
Particularly given various unintended side effects -- I personally wouldn't want my connection to my deceased best friend to be subject to some decay feature on a social network.
And either way, it's not the core feature that will draw users to the site
If you want to differentiate as an alternative to toxic behemoth platforms, the framing of "Facebook but with chores" isn't it. The idea of spending time on the platform itself should be appealing -- I am not that interested in knowing how to connect with someone on the platform before knowing why I would want to be there in the first place.
See e.g. how Nextdoor doesn't lead with "you'll have to verify that you live in the neighborhood", instead it's "Connect to your neighborhood with Nextdoor"
But taking a photo (possibly a group photo) is a more natural way to do that. Maybe it should integrate with photo-taking somehow?
It would be annoying if you met up, forgot to do the ritual in person, and had no way to fix it.
https://covid19.apple.com/contacttracing
It seems like a feature could deal with this specific case, such as marking a friend as deceased. Possibly, other friends doing the same thing puts the profile to be in deceased status until the user logs in and changes the status.
I think it will be very important for the onboarding process to be effortless, so you should focus on that. Until you reach some kind of saturation, most people will be downloading the app because a friend wants to add them. Having a way to generate a QR download code on my phone when I "add" a friend so they can take a photo and then download it, and immediately connect us, would be huge.
Do you have any kind of development plan for new features?
If the connect with friend interface also had a QR code for app download and could trigger a connection between our accounts upon download, that would remove enough friction that I could start recommending this to my friends on the fly.
I'd have a hard time getting over my aversion to this. I automatically reject any app's attempt to find local devices, etc.
This is why we need laws regulating mobile platforms. Apple shouldn't be able to dictate what you use your phone for, or what apps you can give to your users. Doesn't work that way for PCs, shouldn't work that way for computers in your pocket.
If you want a business model, require payment for long-term subscriptions or large celebrity/news accounts, but you have to overcome the network effect first. Maybe have a dozen or so permanent connections to start with, like MySpace's 8 priority friends.
This is a weird comment because it treats connections like they're only an asset for the person being followed.
The people doing the following aren't even considered. They're supposed to continuously re-follow the people they want to follow?
I don't see any upsides to this for anyone. I'm not reading social media every day. I don't want the network to automatically expire my follows and force me to remember and re-discover who I want to follow all the time. I don't want the people I follow feeling like they desperately need to pursue relevance instead of just being themselves.
If Selena Gomez is "socially irrelevant" then why do you care that she has 400 million followers? What does this take away from you in any way?
That's more work than even following someone, because it asks for confirmation or pops up a separate modal to unfollow, which it doesn't do for following someone. And so I don't even bother.
This leads to stale social networks and algorithmic timelines.
Its a damn shame Google nerfed it after forcing it on people who werent asking to be forced into it. Google Plus was a very tech heavy Social Media platform, if Google had half a brain they could have built their own serious LinkedIn alternative.
opt in probably would have been better, like just default everyone to one circle and make it obvious how to split them up after you're a bit more comfortable with the platform
they made a bunch of other obvious blunders like attempting to force real names and spread them to youtube, mandatory account linkage etc etc but i think there were probably just too many conflicting high level voices at google trying to set direction
It's a damn shame. I feel like Google giving up on Google+ and Microsoft giving up on Windows phones were both mistakes.
I loved Google+ - it was like Facebook without the dark patterns. So of course, nobody was on it (which I didn't dislike exactly).
You hit me right in the gut, are we long lost siblings? Lol
Facebook now has 'Audience', which is quite analogous to 'Circles'
Dowsing a user's circles from their public information and Gmail inbox seems like a perfect task for AI.
They did this before having notification control or usable filtering[1] so what this meant was for most of year, you'd login to Gmail and see the upper right notification badge be !!!LOOK AT ME!!! red only to click on it and see it was telling you that some dude who no-showed on a Craigslist sale 10 years ago in a different city had been forced to “join” Google+. Even worse, it took like 6 months for their iOS developers to give you any control over push notifications so you got all of that as push notifications until you deleted the app.
They also annoyed key communities like Google Reader users: that wasn't their largest popular social network but it was one which people actually liked and it disproportionately skewed towards people like journalists, bloggers, etc. who recommended technology to other people. The conversion to Google+ was really clumsy and they did things like replacing the popular Reader commenting system with a Google+ “integration” which didn't work at all on mobile devices[2], which meant that a ton of influential people had a really negative experience and told everyone they knew about it.
1. The “circles” idea reportedly worked well when it was Google employees using it internally but it relied on the poster picking an audience for a post, which failed in the real world when the spammiest people think everyone is interested in their every word.
2. The dialog was sized for a desktop display so the post button was inaccessible off the screen.
That's not it at all. Bluesky is simply just too political.
X is too political. Bluesky is too political. When you focus on content and sharing and having a good time, then the network takes off.
I'm not saying politics isn't important. I'm saying it can't become the miasma that pervades the entire service and makes the entire point of the social network complaining about politics, polarized attacks, etc.
Arbitrary labels are great ... until they're not.
What does this mean? Like in practical feature terms and benefit to the end user?
Your system kills the social networks ability to act as someone's modern day rolodex of contact information of previous acquaintances. What do they get in exchange for that?
Did that weird guy from 3rd grade show up? He sure did.
An ideal social network should not have any agency of its own, period. If your feed is too crowded because you follow too many people, then so be it. It's your problem, you did this to yourself. Only you know how to fix it for yourself, if you do even want it fixed in the first place.
https://en.wikipedia.org/wiki/The_Entire_History_of_You
Persistent irrelevant celebrities are a real thing, but those two wouldn’t crack the top 500.
Ultimately, users define their network in current-day social media and the relevance of any celebrity or other person within it.
400M people still find Selena Gomez relevant to themselves - she’s simply not relevant to you. I asked Gemini very simply “is Selena Gomez relevant” and it responded with essentially “more in 2026 than ever.”
You can be married to each other and your posts won't show up on the other person's feed (there's a post on HN about this)
Is this an alternate front-end (Nitter) or shorthand for X/Twitter?
In that sense, maybe this is Facebook doing its part for domestic harmony…
https://news.ycombinator.com/item?id=16278631
You're of course welcome to make your substantive points thoughtfully.
https://news.ycombinator.com/newsguidelines.html
https://blog.bu.mp/
https://en.wikipedia.org/wiki/Bump_(application)
Anyway, I digress, it would be great to connect and exchange ideas if you have the time? I really like the idea of fading connections.
If so this is a meta-or-dead social network.
Making it federated etc. would make me trust it more.
What is the benefit of that perspective? It's just social media. If it goes away tomorrow, no real loss. Use it accordingly.
I just realised federated helps re. censorship but not privacy/secrecy needs.
The idea that anyone would sell any project for 1bn is kinda nonsense, if a project looks worth buying for 1bn to someone, it may look to be worth keeping to the people who made it or are in control of it.
There are a lot of projects I would sell for $1m, but it is little enough that I would carefully consider for anything I've invested serious time into
though id have the utmost respect for someone who could hold onto the possibility to threaten the facebook/instagram/snapchat moat, realistically i don't think anyone in here could stick to the ideals so strongly.
it's not even a valuable thought exercise. if this thing were to gain any traction at all it's assuredly gonna get acquired. you gotta be tech-buddha to resist that.
CTRL-F "android" "linux" "git" 0 results
sigh
PLEASE if you are developing only for the Mac ecosystem, you should be required to put (Mac only) in your title so the rest of us don't completely WASTE our time.
But, my rule of thumb is you don't really need to worry about laws from places where they don't have real jurisdiction on you. If they filed suit, would you rather respond or make a note to never visit that place / would you be ok if all your users from there were blocked from contacting you by law?
[0]: in ancient times when server meant an actual server
The guy wants people to meet in person rather than doing social media the normie way.
For the record, the feature you describe was first introduced on Samsung phones 14 years ago - and later removed, likely after poor adoption. Because Apple "reinvented it", it's now planned to be reintroduced on Android too.
Starting a network effect product like a social network where you exclude half the social graph seems like... quite a decision.
And then it gets stolen and has a trip around the world, meeting new people.
… 11 years going for me. Good on you. I don’t have any other social media accounts. I’ll do my best to join up on this one. Wholesome.
Warning bells. Slippery slopes. I think we should know by now that social networks do not mix well with the advertising business model. It would have been nice to see that eventuality ruled out explicitly here (PS: for the future as well as just for now).
Facebook launched in 2004. They always had ads.
Firstly, it doesn’t seem to work for me and my wife - we hold the phones together but clicking start does nothing (and we’ve accepted Bluetooth etc).
Secondly, I wonder if you’ll have a massive chicken and egg issue with the physical feature. I get it’s the main feature but could you overcome it somehow initially while still maintaining your long term “gimmick”? Like could you allow people to connect with the first X friends (5? 10? 20? Whatever that can get virality and flywheel going) or connect with as many as you want virtually for the first X months etc. You could even have the contacts fade away slowly if they don’t get verified in person etc. You might want to model out different strategies (and be extremely conservative) otherwise you’ll be relying on lottery-level luck. Good luck anyway though :)
"in todays fast paced business environment.."
the incentive structure on medium is so busted. just people churning out half-working insights to look good for job interviews or promotions, it's like the worlds laziest portfolio. it straight up isn't any sort of bastion of knowledge-share.
makes things like https://beej.us/guide/ an absolute treasure
Friendster was not the first social network.
sixdegrees.com had it beat by 5 years.
Ask HN: How to make Friendster great? (98 points, 11 months ago, 141 comments) https://news.ycombinator.com/item?id=44053119
In this case the domain Friendster.com was bought, and a trademark was conceded (a new different trademark), I don't know precisely the implications of the trademark though, I think it's a different trademark and you still cannot imply that you are a continuation of the previous trademark holder, it's just that you are given monopoly over that word as a trademark.
Now, is that different than buying "Friendster"? A really interesting legal question, I think it is, and I think it has relevant implications, I don't think you can for example restore the website as it was and pretend a continuation as you would if you bought the company.
Honestly if the prior Friendster company itself was bought - including all the assets, codebase and historical documents (no user details) that would've been such an incredibly interesting read.
Buying the domain and getting the trademark is still cool, just not as cool.
These, to me, feel like artifacts of a bygone era, now replaced by the boiled down version - group chats with friends. Telegram has every feature you need in a platform and you get the joy of "circles" as one poster mentioned, by simply having different group chats.
Plus it's not exposed to the public.
on instagram, there is a social disincentive to unfollow people and you can also make someone else unfollow you in a couple ways (the button that does just that, as well as blocking someone for a second and unblocking them), doing these actions has a real cost to confrontation. people you thought you would never see again will see you again and say "I thought we were following each other???? oooo :O ... ooooh >:O"
you are making that activity a first class citizen, with no presumption of ill will behind it, this has value to it
What an absolute garbage economy.
That's...a good deal? Assuming even 50% margins, that's a solid yield.