"I agree that in order to "compete with Facebook, you have to build a service that offers users a specific social intent and the ability to engage directly around that intent."
It seems intimidating to think about doing that, and my guess is that in the current context (angel funding for incremental change) few entrepreneurs will take on a challenge of that scale.
Google have been developing their social layer ever since acquiring JotSpot. Only now is it seeing the light of day. And based on Eric Schmidt's comments at Zeigeist the purpose is to inform search, not to replace Facebook.
But it is a big opportunity - competing with Facebook. I'm game. AndI have an idea. If you are a developer looking for a mission, ping me."
- Keith Teare
"It would be interesting to compare notes here. I had Go Inc in 1996 (later Centraal Corp and then RealNames). Of course we were all about the value of Keywords. We also pitched Bill Gross (who did GoTo when we declined to partner on terms we didn't like), and spent many meetings at Yahoo. It seemed to me that Yahoo did not understand that the value of an exiting customer could be monetized. google of course did. I could spend hours on this stuff."
- Keith Teare
"One other thing to probe. Has anybody actually seen an example of the Phishing scam that is supposed to have caused this? I have not. You would think, given how widespread it is somebody would have posted a screen shot and an explanation of the scam. I personally did not fall victim to a phisher. But I was a victim of whatever the issue is."
- Keith Teare
"1. I have no idea.... There is no logcal reason I can find based on my behavior.
2. Strong password.
3. Always possible it could have been guessed but highly unlikely
4. Yes.. also strong and not compromised (all changed now of course)
5. Yes and Yes. Paypal said they were powerless to reverse the charge as they were not a financial institution, but promised that I would not lose the money. Apple blocked my account, even for my own use. My bank blocked the transactions (luckily I had a bank account as funding source on paypal and that slowed down the process of clearance enough to stop the money being paid).
6. OS x 10.6
7. Never."
- Keith Teare
"John Hi
I was a victim of this scam today. I am a very experienced web user and have no doubt that i did NOT fall for a phishing scam. Somebody was able to use my itunes account to process almost $5000 of transactions through paypal. I think you should dig further. Something smells here."
- Keith Teare