Those are our three main sources of revenue. That's a great question. Kuo We recently ran across TravBuddy. For our readers who haven't used your site, what's it all about?
How we differentiate from other social networks that are more general, is that we offer lots of features specific to travelers. Travel's a very crowded marketplace, how have you stood out and gotten attention given how small you are? What's your brother's background? There's a huge number of web services that are now available to any developer. I graduated from U. What's the story on how the site started? Travel's been fairly impacted by the economy--how's that affecting your site? It looks like you've been a beneficiary of how easily the Web has made starting a company? We're also utilizing things like Amazon Web Services to store our photos, so we don't have to build a scalable photo solution to store the 1. Since we haven't taken outside funding, we've done things for low cost. That's one of our most popular features. We launched on MySpace a few months before that, and it was very, very popular. We're in a good position, because we have extremely low overhead, the site is able to support us, we don't have outside investors to answer to, and we can continue to gain market share and come out even stronger at the end of the recession. That is what really spurred our growth. That application basically allowed people to check off the list of companies they've visited, and put a map on their profile page. The highly ranked travel site was founded, and bootstrapped, by two brothers--Eric and David Bjorndahl--and we talked with Eric about the company. At the time, there were lots of social networking sites, like Facebook and MySpace, but there weren't any sites based on travel. We often hear it's tough working on a startup with family--how has it been for you? Another example is a lot of our members have organized travel meetups--in Amsterdam right now, there is a big meetup with over 50 members now. The most compelling part of our site is it's possible to find travel buddies online through our web site. What's the business model behind the site? Things like Google Maps, five years ago, would have costs tons of time and resources to develop. When people meet in person, they form a much stronger connection to the site and tell their friends and families about it. David on the left, Eric on the right. When we started, we were working back to back in a tiny room, and sometimes tempers got a little high. Kuo We recently ran across TravBuddy. In contrast to a lot of companies, we're still a relatively small startup--it's just myself and my brother, but it supports both of us full time and profitable.
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