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Founders at Work.pdf

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Mark Fletcher 237<br />

initially. If you get users, then everything else follows. Basically any technology<br />

can be copied, any concept can be copied. In my opinion, wh<strong>at</strong> makes one of<br />

these companies valuable is the users. Th<strong>at</strong> can’t be copied.<br />

Livingston: Did you think about the idea of “democr<strong>at</strong>iz<strong>at</strong>ion” of the media<br />

when you were doing this? Was there a social ambition?<br />

Fletcher: No, I’m not nearly th<strong>at</strong> smart. Just friends and news sites th<strong>at</strong> I<br />

wanted to follow on a regular basis. But I was l<strong>at</strong>ching onto trends, of course,<br />

which are [th<strong>at</strong>] the number of websites on the Internet is just growing<br />

exponentially over time. So if I had this problem now and I knew th<strong>at</strong> I was a<br />

very early adopter, other people would probably have the problem eventually. It<br />

was just a question of when. I thought I was just way too early. But I wasn’t.<br />

Who knew?<br />

Livingston: Why did you think you were way too early?<br />

Fletcher: Because I talked to all my friends and nobody knew wh<strong>at</strong> a blog was.<br />

Nobody knows wh<strong>at</strong> a blog is and certainly nobody knows wh<strong>at</strong> aggreg<strong>at</strong>ion is.<br />

Even these days, you say, “Do you know wh<strong>at</strong> syndic<strong>at</strong>ion is?” and they think,<br />

“Seinfeld reruns.” Which is one of the struggles we had with Bloglines—trying<br />

to explain these concepts to normal people. Syndic<strong>at</strong>ion, RSS, aggreg<strong>at</strong>ion?<br />

Wh<strong>at</strong> are these goofy things? But we didn’t have to do the educ<strong>at</strong>ion as to wh<strong>at</strong><br />

a blog is because the press was doing th<strong>at</strong> for us.<br />

Livingston: Did you worry about competitors <strong>at</strong> all?<br />

Fletcher: Always and never, I guess. I get very competitive, very paranoid. I<br />

freak out about everybody. But, I also knew th<strong>at</strong> nobody was doing a decent job<br />

when we started, so we had a head start. As long as we didn’t screw th<strong>at</strong> up,<br />

then it would be difficult for somebody else to come along, unless they were to<br />

grab a whole lot of money and go on an advertising blitz, for example. Yeah, I<br />

was worried, but wh<strong>at</strong> are you going to do?<br />

Livingston: Who was your biggest competitor?<br />

Fletcher: When we started, there was only one service th<strong>at</strong> was <strong>at</strong> even a close<br />

corollary and th<strong>at</strong> was News is Free. When I was talking to reporters initially,<br />

they’d ask the same question, “Wh<strong>at</strong>’s your competition?” It was basically the<br />

desktop aggreg<strong>at</strong>ors, the programs you could download. We had a fairly good<br />

story around why we were better than th<strong>at</strong>. Most people don’t want to install<br />

software on their computers. A lot of people can’t install software on their computers<br />

<strong>at</strong> work. A lot of people use multiple machines. We had several clear-cut<br />

advantages th<strong>at</strong> were fairly easy to describe. About 6 months after we launched,<br />

I think NewsG<strong>at</strong>or came out with their web-based aggreg<strong>at</strong>or, and were the<br />

closest competitor.<br />

Livingston: Were there any lessons th<strong>at</strong> you learned through your experience<br />

with ONElist th<strong>at</strong> you said, “I’m not going to repe<strong>at</strong> th<strong>at</strong> this time” or “I am<br />

going to repe<strong>at</strong> this time”?

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