I really miss Everpix. They had this sorted out perfectly, in my opinion. All my photos, from everywhere, backed up, to everywhere, and available, everywhere. With that lovely Flashback email every day to put a smile on my face and show me pics I usually had not seen in ages.
This app’s death, which was bluntly and correctly attributed by its founders to an inability to attract enough venture capital to keep it running until a self-sustaining mass of subscriber revenue was achieved, points to my big fuckin’ problem with the current VC culture in tech.
Unlike every other VC-blessed startup, Everpix already had a revenue, and a long-term revenue model. I happily paid for it. Many, many other people were as well. And we were happily evangelizing the shit out of the service (particularly John Gruber over at Daring Fireball, who loved the service, too, and is how I heard about it).
They just needed enough VC to carry them over until that evangelizing brought in enough users to keep it going. And we’re talking pretty small potatoes compared to the usual amount of money sought out by startups.
They weren’t spending their revenue on foosball tables or expensive marketing launch parties.
They weren’t building some bullshit “social” app that combined Twitter with Snapchat to find like-minded dog lovers within 50 meters of you via bluetooth (revenue model to be defined later [read: never]).
Most importantly AND damagingly, their goals were pretty modest. Nobody was going to make Instagram or What’sApp money on Everpix.
So, naturally, VC’s weren’t interested. Which fucking sucks, because this app a) filled an actual need, b) filled it VERY FUCKING WELL in a way that no one else has managed to replicate yet and c) well, goddammit, I just liked it a ton.
Maybe their actual VC pitch sucked dog balls or something, I wasn’t there so I don’t know. What I do know is that, when a product that’s already making good money and has a clear plan for how to make more and just needs time to get there can’t attract ANY investors, but every jerkoff app that is “social” but has absolutely no monetization plan beyond “I dunno, we’ll put ads in it someday” and is currently generating ZERO revenue can get 2-3 million in funding without even breaking a sweat, there is a problem with how this industry is funding itself.
If I ever come into a few million bucks I don’t need, Item One on my “I’m Rich!” bucket list is to find the guys who own the Everpix IP and make them a damned fine offer to start it up again, because that this app died a premature death is bullshit.