Making my point that it is hard to make money from mashups, investors have pulled the plug on Teqlo. The startup, backed by Peter Rip, was originally focused on being a widget-based tool for creating mashups, competing with Yahoo Pipes, Dapper, and OpenKapow. Then it tried to morph into a vague “Web-based workflow” company, and lost its CEO. Founder Jacoby Thwaites tells GigaOm:
We had great investors, great people and great technology, but we ran out of time working out what the killer product could be!
Time’s up, buddy. Teqlo is now in the deadpool.
Perhaps they should have worked out what the killer product is before taking funding? And the investors shouldn’t have encourage the stupidity.
Please, bubble, hurry up and burst so these drones can be buried like the uninspired knobheads they are.
That’s just a somewhat graceful way to bow out…maybe not.
Sites down, I wonder what they are going to do with the domain?
Rip always invest in sh*t startups.
As Nelson would say HA HAAAAA!
I wonder whos going to snap up the domain?
Just last week, I was in the audience of a panel in silicon valley where I heard Peter Rip saying the company was launching a new product. Sad to see them go …
“focussed”?
SO WHAT
The exclamation point at the end of Peter Rip’s comment says it all.
A real business backed by actual user surveys and a prototype application and beta site has not one chance if it serves a blue collar market. I’ve tried.
See my short story, lightly fictionalized :
http://bizcast....ry-tale-of.html
Especially after the Google Open Social project…
Of over 3000 startups out there, how many of these startups really have a viable business model? Because the “Build to Flip” model doesn’t just cut it.
Only very fewer startups are swallowed by bigger fish. BTW, is the domain name available?
Oh one more thing, how can I find techcrunch deadpool website?
Thanks
No, “focussed” is not a misspelling.
Mmmm, I like it here in the Deadpool, it’s all dark and warm and quiet
Wow this is the first time you have reported a company to the deadpool and it’s website is immediately inaccessible. It normally takes a while after which you report on it until it shuts down.
Shouldn’t Microsoft’s Popfly be in the mashup list too (together with Yahoo Pipes, Dapper, and OpenKapow) or is it classed differently?
@ RecruitingWire (#12)
Someone correct me if I’m wrong but there isn’t a deadpool website per say but it’s just tagged posts.
You know, that’s funny. We’ve spent 5 months developing our business model and partnerships, but we don’t have the developers to implement the service yet. Anyone from teqlo got skills and need a job?
Teqlo or Lo-Teq? Another awfully named company that’s DOA. Do VCs still have that kind of cash to burn? Can’t we save Africa or something?
Thbe first of many, many “social”thingys to go belly up!
http://fakestev...er.blogspot.com
Although I have enjoyed your feed for a while, this post is to say I am removing my subscription because the got-dam itroom ads are slowing things down and very annoying. good bye.
I’ve already got one killer product.
In the enterprise context mashups are features, not applications, and hence they only stand a chance of significant adoption via inclusion as part of broader SaaS platforms brought into the business for more critical reasons — i.e. Salesforce, NetSuite, Taleo. Its too bad they did not find the right context via partnership or acquisition to plug this into.
Standalone mashup platforms, as Teqlo demonstrates, will find it hard to go it alone. I think the future of mashups in the enterprise will be delivered in the form of self-service customization tools baked into leading SaaS platforms. More here:
http://blog.rol...tomization.html
Matt
masheye.com – beta is a mashups, Web 2.0, Ajax and development oriented social bookmarking website has included this article http://www.mash...quot_Make_Money in their bookmarks. Explore and enjoy!
I dont agree that Teqlo were competing with either Openkapow, Pipes or Dapper. Teglo enabled you to build the frontend of a mashup pulling together data from several sources. Pipes enables you to remix feeds. Openkapow and Dapper allows you to access data from sources on the web (ie web pages). That puts all these products in quiet different places in the mashup ecosystem.
There are several major companies trying to do the same thing as Teqlo – IBM with QEDWiki, Microsoft with Popfly, BEA with Pages etc – so I think that Teqlos problem was more that they were too early to the market and that the market at this time requires more than just a general mashup building platform.
Maybe IBM, Yahoo and MS have enough money to keep projects with uncertain bussines model alive?
Lucky I convinced my boss to use standard commercial web scraping software. It runs directly on our server and we have full control over it!