Ideas can’t be transferred. It’s just not possible. Ideas can be built upon, but you’ll never fully transfer an idea or dream.
I came across a post by Darren of Problogger that I think gives a pretty decent example of a website that spiraled downward once it was acquired. Zookoda is an rss-to-email newsletter service. It has many great features, and by outward appearances looks like a great option.
“However since it was sold to PayPerPost (now known as IZEA) IÃ¢â‚¬â„¢ve noticed the service becoming more buggy and the customer service seems to be decreasing. IÃ¢â‚¬â„¢ve had problems with deliverability (for a while there it wouldnÃ¢â‚¬â„¢t deliver emails to anyone with a yahoo email address – I have thousands of subscribers using them), emails regularly are not sent and IÃ¢â‚¬â„¢ve noticed more downtime and slowness with the site.
Email newsletters have become a central part of my blogging and I canÃ¢â‚¬â„¢t afford an unreliable service any more. IÃ¢â‚¬â„¢ve hung in there to give the new owners time to improve the service – but if anything itÃ¢â‚¬â„¢s gone backwards. “
While IZEA can purchase the Zookoda code and possibly the developers, they can’t purchase the idea, culture or further advancements that Zookoda’s that might have happened while Zookoda was independent. It feels like there’s not a whole lot of motivation from the developers, as their blog is now stagnant. There aren’t any recent updates, other than “we’ve been evaluating for the last few months”.
I can tell you as a developer that if your product is taking months to “evaluate” what to do next, it means you don’t care about it. It should take a matter of days to figure that out, tops.
Turns out money can’t buy everything. ;)