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Formspring Shuts Down
- gilesvangruisen 14y agoIt's about time!
- mattryanharris 14y agoI'm really not surprised, Formspring was around when I was in high school and to be honest I stopped using it after day 3 because it got boring and there was nothing too interesting about it.
- unreal37 14y agoFormsprint raised $14 Million? I'd like to see that business plan.
- Mahn 14y agoYou do remember Instagram was bought for $1 billion having generated exactly 0 revenue, right?
- skore 14y agoI also remember them having pretty much exactly a bazillion more users than formspring. That is to say: the evaluation of a business plan is a completely different horse than the price at which a company is purchased later on. The former says is "we'd really like it to get to X". The latter says "we actually made it to Y".
- pbreit 14y agoWell, actually Instagram had around 30 million users at the time of acquisition and according to the linked article Formspring also had around 30 million users at one point. Having said that, I never used Formspring and didn't know anyone who ever had.
- skore 14y ago> Having said that, I never used Formspring and didn't know anyone who ever had. Yeah, lies, damn lies and statistics ;-) I rarely ever saw a formspring Q&A that was bustling with activity while it was quite the opposite for Instagram. Not sure I like that, though, but I guess that's human nature. They claim 4 billion posts - would be interesting to see the Q to A ratio.
- Hovertruck 14y agoBack when formspring was "big" a few years ago I remember seeing it all over the place.
- iampims 14y agoWe’re at 4+ billion responses. Obviously, many more questions were sent. If you were to guess 5Q/1R you wouldn’t be far.
- spullara 14y agoBrutal ROI for writing a Q.
- iampims 14y agoDirect questions hover around 1/1. Questions sent to followers, 5/1. It’s probably a higher engagement, albeit different, than Tumblr/Twitter/FB. When you ask a question on Twitter, how many of your followers respond? Very few. The nature of both sites is obviously different, but the engagement on Formspring remains pretty good. Also, there’s only so many times you can answer a question about your favorite movie, or where you met your husband/wife before it gets boring. Original questions (with photos, links, tags) get a far higher response rate. You really think 5/1 is bad?
- neya 14y agoHonestly, this was coming and everyone knew it. Only an illiterate would believe in someone trying to get rich building just forms. Sigh, I wish only one thing - That more people realized that you need to solve problems instead of trying to build the next cool thing! I wish this 14 million was donated to something else that could have impacted our lives - Like a new motor technology or an electric car. I can't imagine anyone rational funding 14 million on a company that had just forms (for consumers) as its business model. Personally, I stopped using this service the moment it started spamming my inbox with boring questions.
- aptwebapps 14y agoWufoo exited for 35 million. Although they didn't take 14 million in investment: just 118,000 according this: http://techcrunch.com/2011/04/25/wufoo-35-million-surveymonkey/ http://techcrunch.com/2011/04/25/wufoo-35-million-surveymonk...
- neya 14y agoI think Wufoo solves a REAL problem - Collection of useful data. That's why it appeals to businesses and enterprises. Whereas Formspring was more like a third party Facebook status box that served no real purpose (Their slogan was "Formspring is the place to share your perspective on anything."). The difference lies in the target audience - One was aimed at the consumer and the other at the enterprise.
- aptwebapps 14y agoOh, I didn't know that. I thought they were a generic form site that pivoted into surveys.
- renanbirck 14y agoWhoa, it was still alive? I thought all the cool kids had migrated to Ask.fm.