As we’re getting close to our next fundraising we thought it would be useful to get a clearer picture of how esnips was doing in comparison to other companies. Since traction is the initial and most central criteria in evaluating the potential of a Web 2.0 company, we started by organizing the top 100 web 2.0 companies by their reach. This is the eco-system that came out.
Don’t take it too seriously of course, it’s a generalization, an interesting way of looking at things. Problems to point out for example are that Alexa numbers are known to be skewed towards Bay Area traffic so some of the ventures reach is much higher than it should be, but those are the exceptions since the bigger the numbers get the less it becomes relevant.
Also, reach / traction are far from being the only criteria defining the value of a company. And yet, it’s interesting to see that current investment, and the majority of acquisition, and rumored acquisition offers show a strong correlation between reach and market value as this eco-system suggests.
As far as eSnips is concerned, we were surprised and delighted to see that we are part of only a handful of companies that are showing signs for potential breakout. BTW, eSnips is now at 1200 in Alexa Reach . And, in case you were wondering....the answer is NO! we don’t rely on Alexa for our metrics. We follow our internal metrics :)
Credit: eco-system was created by Daniel Waisberg, Analyst at eSnips.
hi,
Nice work. Really impressive.
Are you sure though that all projects are listed in your chart?
There are some very good and quite big sites I know (and that I did't see on this chart). For example: tripadvisor.com
Other services are pretty new, but I'm sure will be there in a year's time. For exmple: sutree.com
Anyway, Cheers
Barbara
Posted by: Barbara T. Arava | April 07, 2007 at 06:01 AM
It's very interesting. Is there any way to see the graphic larger so it's clearer. I clicked on giving a larger image, but ... it would be nice to see it full size.
Thanks in advance.
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I am very satisfied with esnips. Also they are very generous with the amount of space.
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