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Scooped by gdecugis onto Scoop.it on the Web

Scoop.it!

From www.kitsch-slapped.com - January 25, 7:57 PM

gdecugis's insight:

This is an interview I did with Deanna Dahlsad: she reached out to us disappointed by the shut down of Snip.it and as she'd been also a Scoop.it user, she wanted to discuss in more detail what Scoop.it could bring to Snip.it users.

One of the concerns she had was whether Scoop.it would one day shut down the way Snip.it did. This gave us an opportunity to highlight a few things in which we strongly believe such as the importance for any company of having a business model early-on and the role traction plays in securing its future. While no business can ever say "we'll be here forever," we feel strongly about the sustaniability of Scoop.it for a couple of reasons: our growth to now 7 million unique visitors/month in just about 1 year since our public launch and the early adoption of our premium offers, which validates our business model.

As a user of free services, I'm always concerned when I don't see them getting traction and offering a business model. I know, as an entrepreneur myself, that it's the only way investors will back it up and positive cash-flow can ultimately make it viable.

We know we owe it to our users and customers and that we need to keep deserving their trust. And we will do our best to do that.

Gail Rogers's curator insight, February 10, 7:32 AM

this is a fantastic tool

gdecugis's comment, February 12, 3:55 PM

Hi Robin. I know you have infinite curiosity which is a great quality for curators ;-) Just like some other successful companies in our space (HootSuite, SlideShare...), there are multiple reasons for us not to communicate on that in spite of having traction and success. To give you more insights, I would actually argue that growth rates on these numbers are actually more important than the absolute values themselves. Our traffic, usage and revenue are all growing at the same pace and have done x5 in 1 year. More importantly, in spite of being a significant scale with now 6m+ monthly uniques and close to 400,000 professionals and businesses with a Scoop.it account, it doesn't give any signs of slowing down (while we have many opportunities to catch and improvements to make). And without trying to pick on them but just to give a sense of perspective, we're about 20x the size snip.it had before they shut down. This is not to say we'll rest on our laurels: we're committed to make constant improvements to serve our community better and go much further so stay tuned for more updates!