Comments on: How to ID a Market Primed for Speed

By: Drew Coleslaw

Drew Coleslaw — Tue, 17 Jun 2008 18:54:55 +0000

Check, check. It seems like Terabitz is a company full of hype. And it starts from the top. They have changed their business model 3 times since just last summer. Let me get this straight: Terabitz builds websites for real estate brokers? Who cares. This by the way is just their most recent iteration. Below is how they started Terabitz.

Here is their press release from last summer when they first launched their site:

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-17-2007/0004626806&EDATE=

The release starts….”Every now and then consumers are introduced to a product that fundamentally changes the rules, rendering all prior offerings insufficient or even obsolete. Consider what iTunes has done for music, TiVo for television, or eBay for auctions, to name a few. Today, Terabitz (http://www.terabitz.com) introduces the first
comprehensive and customizable real estate Web site that changes the online real estate industry…”

By: Steve

Steve — Thu, 12 Jun 2008 20:25:34 +0000

One major flaw from the slide is raising money in 1 day?
Tell me how many startup raising money in 1 day?

By: smoothspan

smoothspan — Mon, 09 Jun 2008 14:19:27 +0000

Great story Carleen!

I just had to write about it:

http://smoothspan.wordpress.com/2008/06/09/helpstream-focused-on-a-market-primed-for-speed/

Munshi’s four market checks are going in my long-term venture wisdom folder.

Cheers,

By: Helpstream: Focused on a Market Primed for Speed « SmoothSpan Blog

Helpstream: Focused on a Market Primed for Speed « SmoothSpan Blog — Mon, 09 Jun 2008 14:18:30 +0000

[...] by smoothspan on June 9, 2008 I loved Carleen Hawn’s recent post on GigaOm: How to ID a Market Primed for Speed. There is a lot of wisdom there, courtesy of serial entrepreneur Ash Munshi. Munshi lists Four [...]