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Etohum Kampı - Favit.com sunumu
 

Etohum Kampı - Favit.com sunumu

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19 Aralık 2009 Cumartesi etohum kampı Favit.com kurucusu Konstantin Hristov'un sunumu

19 Aralık 2009 Cumartesi etohum kampı Favit.com kurucusu Konstantin Hristov'un sunumu

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    Etohum Kampı - Favit.com sunumu Etohum Kampı - Favit.com sunumu Presentation Transcript

    • A hell of a journey favit’s way May 2008 – Oct 2009
      • Atanas Youroukov ,
      • Head of Product Design
      • Strong web product visionary
      • Creative UI designer
      • Konstantin Hristov,
      • CEO, Biz Dev
      • Sales and Marketing
      • VP of M & S in Outsourcing
      • Citigroup
      • Nenko Ivanov,
      • CTO
      • Top 3 Software engineer in BG
      JANUARY 2008, 3 guys knock on a VCs door ...
    • The Plan
      • What exactly was favit suppose to do:
      • Digg.com
      • Delicious
      • Google Reader
      • Blogger
      • MySpace
      • All in one place
      Rate Communicate Interact Share Create Search Save & Organize Read
    • The Content... User User User User User User User User THE CONTENT post + rate + comment
    • User User User User User User User User friends Interest mates THE CONTENT Bears IDEAS that ...
    • THE CONTENT Groups + focus = mini societies Provoke INTERESTS and ... User User User User User User User SUB - CONTENT
    • THE CONTENT Shape BEHAVIOUR ... d d d d d User Groups d d d d d User Groups d d d User Groups User Groups d d d d d d User Groups
    • Actually the goal is... The CONTENT is king...
    • Loyalty Size favit We had a tons of arguments ... Cult Clique Nation Web
    • Average share of time US Internet Users spend online Now is the time … Worldwide Online Social Network Advertisement Spending Source: eMerketer.com 4.6% 4.7% 4.8% 5.0% 5.4% 5.4% Search 14.5% 15.8% 16.9% 15.9% 16.5% 17.6% Commerce 32.7% 33.5% 33.6% 37.6% 38.7% 38.6% Communication 48.1% 46.0% 44.7% 41.4% 39.4% 38.3% Content Q2 2007 Q1 2007 Q4 2006 Q3 2006 Q2 2006 Q1 2006
    • April 2008 1. favit.com first 2. started working hard immoderately We’ve got the $
    • May - August 2008 It became clear that our initial idea can be developed further more Time to market Technology innovation
      • Follow the plan and continue as is
      • Passive behavior to potential threads and opportunities
      • Short term advantages
      • Short term innovation
      • Concentrate and become Technology leader
      • React, adapt and improve when potential threads arise
      • Long term advantages
      • Middle and Long term innovation
      The winners (Potential threats) The losers – Try not to make the same mistakes as they did
    • August 2008 - October 2009 So fearless we embarked to our journey to create the most powerful Social network in the world
    • favit now
    • Lessons – the hard way Where we made mistakes – What we have learned:
      • If you see a better solution to a problem already solved
          • Implement it NOW
          • If you discard it – you will regret in the near future
      • Never take in consideration user complaints about features and decisions you believe in:
          • This will slow you down
          • Innovation is always difficult to accept by users – force and help them to overcome their fears
      • Hiring a developer takes more than 1 month
      • Preparing a developer takes more than 2 months
    • Paid growth doesn’t pay-off in the early stage
    • The future Completely open web We haven’t seen an animal like that Speed and Credibility How to get credible information first Blogs will die – or will transform Advertising without context will die (and it’s dying now – ask some portal sites) CPM, CPC, CPA will merge: CPE Cost per Engagement favalanche will be on the front row of this transformation favit has already started being a trendsetter
    • Thank you for your time! Konstantin Hristov You can call me anytime: +359.896.863.500 Or drop a mail: [email_address]