Comments on: Smalltown, a small local site, acquires tinier Local2Me http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/ News About Tech, Money and Innovation Mon, 23 Nov 2009 10:55:42 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: VentureBeat » Judy’s Book follows BackFence, collapses http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/comment-page-1/#comment-595100 VentureBeat » Judy’s Book follows BackFence, collapses Thu, 25 Oct 2007 13:25:17 +0000 http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/#comment-595100 [...] are there deeper issues with the local web site model as a whole? Regardless, locally focused sites continue to raise money, and it’s not clear that the sector is doomed. Yelp, for example, has done a solid job of [...] [...] are there deeper issues with the local web site model as a whole? Regardless, locally focused sites continue to raise money, and it’s not clear that the sector is doomed. Yelp, for example, has done a solid job of [...]

]]> By: Hal Rucker http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/comment-page-1/#comment-579924 Hal Rucker Tue, 16 Oct 2007 04:51:27 +0000 http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/#comment-579924 The World Wide Web has seductive efficiencies of scale. For example, build a website for selling books, and the whole free world is your customer base. But this business model just doesn’t work for “local” which requires “feet on the street” and a true local presence in every region and patience. True, Smalltown is “tiny” now relative to most Internet investments, but that is because we have intentionally limited our growth and kept our burn rate low until we have the formulas for success totally figured out and proven in one region. Then, KABOOM, there will be Smalltown sites everywhere. Our investors have the foresight and patience to see it’s going to take a little longer for Smalltown to own this space, but it’s worth the wait because it’s a very large opportunity. Our acquisition of Local2Me will accelerate our process because it will help us build a paradigm of how genuinely useful, informative and profitable a Smalltown site is once it has been embraced by a community. The KABOOM is coming soon ;-) The World Wide Web has seductive efficiencies of scale. For example, build a website for selling books, and the whole free world is your customer base. But this business model just doesn’t work for “local” which requires “feet on the street” and a true local presence in every region and patience. True, Smalltown is “tiny” now relative to most Internet investments, but that is because we have intentionally limited our growth and kept our burn rate low until we have the formulas for success totally figured out and proven in one region. Then, KABOOM, there will be Smalltown sites everywhere. Our investors have the foresight and patience to see it’s going to take a little longer for Smalltown to own this space, but it’s worth the wait because it’s a very large opportunity. Our acquisition of Local2Me will accelerate our process because it will help us build a paradigm of how genuinely useful, informative and profitable a Smalltown site is once it has been embraced by a community. The KABOOM is coming soon ;-)

]]> By: Hal Rucker http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/comment-page-1/#comment-579000 Hal Rucker Mon, 15 Oct 2007 16:13:00 +0000 http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/#comment-579000 Check out our press release that has more information: http://www.smalltown.com/pressrelease_20071015.html Learn more about Smalltown’s unique approach to winning the “local” space here: http://blog.smalltown.com/ Watch our new video about Smalltown here: http://www.smalltown.com/theater_smalltown.html Check out our press release that has more information: http://www.smalltown.com/pressrelease_20071015.html

Learn more about Smalltown’s unique approach to winning the “local” space here: http://blog.smalltown.com/

Watch our new video about Smalltown here: http://www.smalltown.com/theater_smalltown.html

]]> By: Hal Rucker http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/comment-page-1/#comment-578580 Hal Rucker Mon, 15 Oct 2007 08:27:47 +0000 http://venturebeat.com/2007/10/14/smalltown-small-hyperlocal-site-acquires-tinier-local2me/#comment-578580 The World Wide Web has seductive efficiencies of scale. For example, build a website for selling books, and the whole free world is your customer base. But this business model just doesn’t work for “local” which requires “feet on the street” and a true local presence in every region and patience. True, Smalltown is “tiny” now relative to most Internet investments, but that is because we have intentionally limited our growth and kept our burn rate low until we have the formulas for success totally figured out and proven in one region. Then, KABOOM, there will be Smalltown sites everywhere. Our investors have the foresight and patience to see it’s going to take a little longer for Smalltown to own this space, but it’s worth the wait because it’s a very large opportunity. Our acquisition of Local2Me will accelerate our process because it will help us build a paradigm of how genuinely useful, informative and profitable a Smalltown site is once it has been embraced by a community. The KABOOM is coming soon ;-) Check out our press release that has more information: http://www.smalltown.com/pressrelease_20071015.html Learn more about Smalltown's unique approach to winning the "local" space here: http://blog.smalltown.com/ Watch our new video about Smalltown here: http://www.smalltown.com/theater_smalltown.html The World Wide Web has seductive efficiencies of scale. For example, build a website for selling books, and the whole free world is your customer base. But this business model just doesn’t work for “local” which requires “feet on the street” and a true local presence in every region and patience. True, Smalltown is “tiny” now relative to most Internet investments, but that is because we have intentionally limited our growth and kept our burn rate low until we have the formulas for success totally figured out and proven in one region. Then, KABOOM, there will be Smalltown sites everywhere. Our investors have the foresight and patience to see it’s going to take a little longer for Smalltown to own this space, but it’s worth the wait because it’s a very large opportunity. Our acquisition of Local2Me will accelerate our process because it will help us build a paradigm of how genuinely useful, informative and profitable a Smalltown site is once it has been embraced by a community. The KABOOM is coming soon ;-)

Check out our press release that has more information: http://www.smalltown.com/pressrelease_20071015.html

Learn more about Smalltown’s unique approach to winning the “local” space here: http://blog.smalltown.com/

Watch our new video about Smalltown here: http://www.smalltown.com/theater_smalltown.html

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