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June 19, 2006

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Breck

Interesting scenario, but I think you're getting a little too far ahead with this analysis. If Farecast has millions of users, and causes one of the largest industries in the world to change their pricing models, I think the managers of Farecast would be ecstatic. If they focus on what the need is today, I think it's a terrific idea for a company( I just signed up on the waitlist for the trial.)

Doug Sherrets

Breck,

Ok, so should Farecast be ecstatic about the millions of users before or after their model is broken? Of course, that assumes they have millions of users, which is great because you could presume that Farecast will figure out a way to retain that user base.

But there are no guarantees of that happening. While a completely different service, Friendster proved that point.

Further, Farecast's managers may be ecstatic, but only if they are altruistic and just wanted to effect change in the way airlines price their tickets. But how do you answer to their VCs who no doubt want to see big returns on their investment?

Doug

Breck

Yeah good points. I forgot about Friendster--I guess having millions of users doesn't always equal success. I'm still eagerly awaiting my invitation so I can evaluate further(and book some cheap tickets).

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Interesting scenario, but I think you're getting a little too far ahead with this analysis. If Farecast has millions of users, and causes one of the largest industries in the world to change their pricing models, I think the managers of Farecast would be ecstatic. If they focus on what the need is today, I think it's a terrific idea for a company( I just signed up on the waitlist for the trial.)

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Well, as close as possible! Somebody has bet a bundle on technology that tells the rest of us whether the airfare we're watching will go up or down. Hey, that's a lot more than I could do, so let 'er rip. Farecast is a free web site which lets you enter your flight of interest, then tells you, in easy-to-understand graphics, whether to buy now or wait. It even tells you how "sure" it is!

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I forgot about Friendster--I guess having millions of users doesn't always equal success. I'm still eagerly awaiting my invitation so I can evaluate further(and book some cheap tickets).

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If Farecast has millions of users, and causes one of the largest industries in the world to change their pricing models, I think the managers of Farecast would be ecstatic. If they focus on what the need is today, I think it's a terrific idea for a company( I just signed up on the waitlist for the trial.)

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