Socialgo Share Discussion Threads

[the analyst] 26/3/2013 13:58

I wouldn't mind picking up 10m shares at 0.1p per share :)

Would still be a hugely risky punt, even at those levels, but would be a fun one!

[wealthtransfer] 26/3/2013 11:39

is it at your indicated level now :\

[norbus] 25/3/2013 11:57

TA

All very positive, given the new broom is still sweeping and Dominic wants the house cleaned up. I remain a buyer in size, but no offer at my indicated level

[the analyst] 23/3/2013 14:30

One of the responses from ning:


"Hello Galina,

Fair comment that I agree to.

Yet if we want to have a happy community we also have to be able to stay in business which means having over time revenue greater than costs.

Ning was created more than 8 years ago and public information show that more than $100 million has been invested to date...

Don't you think it would be prudent for us to run the business in a way we can afford to maintain and enhance it.

As an example, do you realize that per an earlier comment I posted a few days ago that just our Akamai bill (edge content delivery) for out top 100 sites is over $25,000 a month or $250 per network for networks we charge only $50/month. Do you think this is the right way to do business?

I am sorry of course to upset any existing customers but I'd rather upset a few now than continue on the wrong path and end-up having to shut down the business down the line.

We understand and are very conscious that some customers will leave and try to do this with another solution. We accept that for the benefit of the mass and the mid/long term well-being of the platform.

Nothing we have done or are doing is driven by greed. It's driven by the passion to have a great platform that customers thrive off and in turn make us a great company over time.

Regards,

-bernard"

[the analyst] 23/3/2013 14:27

Example of the ning price increase:

"I am just over 10,000 members, and blessed with White Label and Unlimited Members at Ning Plus at $ 239.90.

Now I have to pay to have a part of what I have, $ 1200."

[the analyst] 23/3/2013 14:12

The opportunity, is to make some essential improvements to the product and take some of those unhappy customers from ning - to start the ball rolling on the road to recovery.

I'm not saying that they will take the opportunity, just that there is one out there to be taken...

[dodge city] 23/3/2013 08:48

An opportunity for them to screw up.

[kaos89] 23/3/2013 06:02

......what sort of opportunity?

[the analyst] 23/3/2013 03:06

So, people think SocialGO sucks. We already knew that. But, what it does tell us, is that there is still a market out there, that people are not happy with the options available in the space.

An opportunity still exists for SocialGO...

[the analyst] 23/3/2013 03:04

A few of the responses to that last thread mention SocialGO:

"Reply by Hanna de Vroet on March 13, 2013 at 9:17am
I actually went to SocialGo today for some research and realized their twitter feed on the front page was not updated since mid October of last year. If they are maintaining their own company website it makes me think they don't care about that much else neither.."


"Reply by richardvanw on March 13, 2013 at 8:42am
@ Elshara: can you clarify why you think SocialGo is overrated? Price is indeed significant higher than Ning Pro but while doing some investigation I only saw positive reviews..."


"socialgo sucks, spruz is messy, groups is not flexible, the only better option out there I see is buddypress, but it hasnt "grown up". So, choose the best of the lesser evil. They all have flaws."


"Reply by limadenoche on March 14, 2013 at 9:09am
What will happen to the text boxes, (advertising) that we have the right side in the forums, photos, videos, groups, events, custom pages, because I see the full-size pages on Ning 3.0 and do not see options for advertising the right side. 3.0 Ning looks ugly as SocialGO."

[the analyst] 23/3/2013 02:55

Been an interesting time over at Ning, as they introduce their new 3.0 product:



With increased pricing:

https://www.ning.com/pricing/

Which, as you would expect, more than a few people are not happy with:



I've no doubt the product will be a success - the owners, Glam Media, are no slouches. However, it does present an opportunity to SocialGO to pick up unhappy customers.

[the analyst] 12/3/2013 15:11

SocialGO servers being moved:

[the analyst] 08/3/2013 13:22

lol, yes I noticed that too :)

However, judging by the lack of cash in the bank, I really doubt they have started to develop any mobile platform yet. I have no idea, but I'm guessing it's going to have to be one step at a time with regards to getting things back on track.

i.e.

- Get the sales page and the on-boarding process up to scratch, add things like multi-language support etc., which should bring in some more cash...

- use that cash to develop proper tutorials and some of the more simple to implement features that will help to retain customers. In turn, those improvements should bring in more monthly cash-flow.

- use that cash to develop a mobile platform...

I suppose an alternative would be to pump the price, place another 100m shares at 1p and hire developers to get things moving quickly.

Hopefully, we will get some details of their plans going forward with the next financial statement, which is due soon.

[wealthtransfer] 08/3/2013 08:59

The irony on SocialGo, is I'm sure not lost:



Or is this a subliminal message that SG are nearly there with our own mobile platform? ;)

[norbus] 06/3/2013 05:48

No worries; that's why nappies are usually used:(.. long way to go yet. You could do no different;

[norbus] 05/3/2013 16:05

WT

your Uric acid level must have been really high to abandon these as user; let me hope levels will recede in time.. Black cherry to drink and Nettles brew are very good...I should know:-)

I tried to buy a few, but MMs a little unrealistic.. left an order for a lump and I left room to meet them half way on size and price. . DW still believes, has been nothing if not honourable, and I have to back him to succeed. Not his fault he had Bill and Ben snow him.

[the analyst] 05/3/2013 12:06

Hi Norbus,

Good to hear H is doing well in Jerusalem. No doubt enjoying the weather as well as the girls!

It definitely would be a bonus if SGO came back from the brink. The new guy will have to work smart, given the lack of funds available, but I do think he is making a positive impact already. Got to give Dom some credit for keeping the dream alive.

[norbus] 05/3/2013 11:06

TA

Good to hear your report; sure WT will also be pleased as will H B.

PTBY's Cohen does not want to chance banana skins underfoot. he will come through in the end. I saw the painfully slow birth of this and am really impressed the then improbable vision is materialising as planned.

I am looking for the H to come right this year, CAP is another even more certain
what a bonus if SGO does get back from the almost dead. That would be sweet.

H is living in Jerusalem, working on the language, and the girls! UK real estate project coming exceedingly good. catch up soon

[the analyst] 04/3/2013 22:19

Thanks P34, that's a nice looking socialgo site.

Good to see.

Nice bit of spam too, but the first part of the post was definitely good enough to persuade me not to moderate your post for spamming :)

[the analyst] 04/3/2013 22:16

O/T

Hi GH,

Yes, I hold a few FBT from back in the day - I still follow them, although not very closely. Nice contract win today.

My main holdings is still LOQ, which I purchased back in 2008 and not sold a single share yet, as they continue to go from strength the strength.

Also, DOTD, which I started buying early last year and am still adding. They look like a very interesting proposition, as they move their very successful SaaS product from the UK to the US and other new territories.

I also have some PBTY, which has been a long and slow journey. Still has a good chance of coming good, if they can take advantage of their Italian first-mover advantage and if the US finally gets around to regulating the industry.

What are you into at the moment? Anything interesting?