This is the blog of Adam Kalsey. Unusual depth and complexity. Rich, full body with a hint of nutty earthiness.
This is the blog of Adam Kalsey. Unusual depth and complexity. Rich, full body with a hint of nutty earthiness.
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16 Aug 2006
Tagyu’s been shut down for now.
It was a good run, and the technology has some exciting implications. But in the end, information retrieval is expensive — the server power required is enormous. Although Tagyu was bringing in enough revenue to cover costs, it didn’t afford any room for growth.
Tagyu was never really a consumer play — the target market was companies that need classification services. The process of managing the technology, looking for funding, and working on sales turned out to be too much for a single entrepreneur to manage. Lesson learned: for a enterprise software startup, you need multiple founders or the funding to hire some help.
I have something else in development — something I’m very excited about. More on that in a day or so.
Sorry to hear the news, but I look forward to the new stuff coming up. All the best, Ian
Adam Kalsey
Mobile: 916.600.2497
Email: adam AT kalsey.com
AIM or Skype: akalsey
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Ben Tremblay
August 16, 2006 1:17 PM
Shut down … meh.
Funny, I was going through my set of VC blogs (yes, again!) and … dunno, I feel boxed in. I’ve argued for a long time (since before Moz) that there was a big gap between angels (conventional funding, VCs included) and OpenSource … I seem to live in that gap. What you wrote about “covering costs but not allowing for growth” points right at the nut of it.
all the best ben