Jim Cramer Discussed Ancestry.com on Mad Money

But why the heck would you want to buy it?… I mean the flipper guys like it… the investors like it… what are they seeing?… I will tell you what they are seeing… first of all I bet many of you would never even consider going to a website that lets you identify and search thru your family tree… I mean this company may seem like many of the pointless .com IPO’s that have were foisted on us from 1999 to 2000… only to get wiped out not long after… when investors finally started evaluating them on sales and earnings instead of eyeballs, pagers, unique visitors.

Who wants Ancestry.com when you have Facebook to help you with people who are still alive?… just because you do not see the appeal of a companies product does not mean that there is not any appeal… let me explain to you… Ancestry.com runs a very sophisticated subscription model… and it seems to be working very well right now… and I should know, I am the Chairman of the .com myself, and subscription models rather than all advertising businesses are great annuity streams… if you do not understand Ancestry.com, I want you to think of it as one of the… let’s say the internet for the older demographic… Facebook for the over 65 crowd…

Interesting take on Ancestry — “the internet for the older demographic”, “Facebook for the over 65 crowd.”

Posted via web from Paul’s posterous

One thought on “Jim Cramer Discussed Ancestry.com on Mad Money

Leave a Reply


More Posts

Soar.com Logo Design

Some of you know that my partners and I are launching a new company that aims to help a billion or more people soar with

Cold Showers Can Benefit Your Health

I hated what I read in the Harvard Business Review last Friday: Cold showers have health benefits. I’ve always ignored people who advocate taking cold

People Like Me Need People Like You

“People Like Me Need People Like You” Someday I’ll write a book about Ancestry.com. I’ll highlight the people who built Ancestry from the ground up–unsung

The Team Coaching Zone Podcast

To listen to this podcast, click HERE. Announcer: Welcome to the Team Coaching Zone podcast. Join your host Dr. Krister Lowe and today’s leading organizational

My Favorite Artist

Artists, poets, and prophets can help us make sense of the craziness that we experience in the world. My favorite artist is Regina Spektor. When

The Coach You Need

When you need a helping hand in life or at work you might decide to hire a coach. There are many amazing executive, career, leadership,

Beware of Taking Advice

Next Friday I get to deliver a keynote at Phoenix’s biggest startup event. But beware of taking advice from me–or anyone else. Startup events are

An Entrepreneurial Superpower

One of my entrepreneurial superpowers is asking questions at scale. Before I started Ancestry I went to libraries and conferences and asked questions. I learned

Paul hopes to bring the strengths message to all 50 states and to 50 countries by 2025.
Contact him so he can help you spark a strengths movement in your area, company, or industry.