
MTP Ramps Development
A lot has happened since our last installment, and as we approach our first release (that means you…), we wanted to share this update.
The Best and the Brightest:
Our most important news is that we have two new and important contributors to the project: Jason Brubaker and Karthik Thiyagarajan, both of Carnegie-Mellon University, Scott and Dave’s alma mater.
Jason is by his own description a “non-conventional student” having returned to finish his B.S. in Computer Science at CMU after several years in software development. Jason has been a part of and has led development teams at ImageVision.net, where he was engaged in the design and implementation of web applications both on the server-side (i.e. database architectures and communications) and the user side (i.e coding the browser). Jason brings a host of skills to the project, he has a good eye for design, both visual and software, and likes to “make the browser do things that people didn’t think were possible.” We’re extremely fortunate to have Jason on the team, where “non-conventional” is a virtual job-requirement. He has already made significant contributions to the project, having made adding content much easier, and improving the cross-browser compatibility of a key aspect of the site (a necessary evil in this business). Jason will be key to bringing our powerful, easy and fun-to-use interface to the MakeThePath community.
Karthik joins us from CMU’s Information Networking masters program, where he’s been focussed on applied data analysis, statistical methods and machine learning (including social network analysis methods). Karthik is our first summer intern, and will work with us over a twelve week period this summer to establish the algorithms that will make MTP collaborative, engaging, smart and even surprising. Karthik is interested in helping a company bring a real product to market, and with MTP he’ll definitely have that chance.
Jason and Karthik bring complementary skill-sets to the project and will lay the foundation for scaling the platform technology. They have already contributed in important ways and will help us get our first release out this summer, .
Addicted, but in a good way:
The interface to MakeThePath continues to evolve, and as our first insider users begin to work with it we already have an indication that it is both useful and fun. As one of our co-founding team said “it’s my new addiction!”
On love, and financial modeling…
We continue to follow an unconventional path toward building and financing the business, which has us seeking funds to finance a Beta release scheduled to occur around the end of the year. That means developing detailed financials, and we are in the process of developing our models right now. Even altruistic investors want to know the bottom-line, even if they have more than one! We’re hoping that with the alpha user experience and the development of the revenue platform we can attract investors interested in the social and environmental aspects of project as well as an established revenue and user model. Times are pretty brutal in the seed market, but we are optimistic, in fact, now that we’re using the technology ourselves, we think we might have a tiger by the tail.
I hope to be sending a formal request for you all to join the “friends alpha” release in mid-June. In the meantime, we’ll be updating this blog with items about our progress toward the release and tweeting at @MakeThePath on Twitter. Look for a post soon on our use of Engine Yard and Amazon’s Elastic Computing infrastructure, otherwise referred to as “the Cloud.” This approach is very cool technically, and more importantly allows us to provide users with a quality experience with little to no capital investment on our part (which actually makes the financial modeling a little unusual). (<- potential investors, see that last part? Low capital equipment requirements.)
As always, thanks for your support. We look forward to having something fun for you to use and give feedback on in the near future. And, if you know anyone who’s looking to invest at the seed stage of a green-tech company trying to change the world one user at a time, just forward them my e-mail! (was that a solicitation? I’m sure my lawyer friends won’t hesitate to let me know…).
All the best,
Scott, and the MakeThePath team.