“I regret to stoop to the point of responding to you,” Patch president Warren Webster told a rival this week, “but I will here.”
This little spat took place in the Business Insider comments section, below Nicholas Carlson’s piece, “FRICTION AT AOL: Arianna Is A Huge ‘Headache’… But Also The Most Valuable Person At AOL.”
Main Street Connect founder Carll Tucker wrote that his online national community news outfit “has a similar model but is turning a profit.” He added: “Perhaps Aol should have invested in profitable models like ours rather than dumping money into Patch.”
Patch’s boss didn’t like that.
@Carll Tucker: Carll I regret to stoop to the point of responding to you, but I will here.
A couple of points:
1) Patch is about building out a footprint that will scale and monetize over time. The last several years have been about infrastructure development and growing engagement. No one asked if Facebook was profitable for its first 5 years. It is unfair to put that expectation on Patch.
2) Your company is a small local startup which I admire. Patch is a national organization that is revolutionizing the news media. We have national advertising. We have project Devil. You do not. We are fishing from different advertiser ponds.
3) As a local company you need to make money for your investors. At Patch we are part of a company which will soon be in the Fortune 500. There are literally 100′s of metrics by which we can measure success. Money is just one of them. We funnel 100′s of users every month to the Huffington Post and other Aol properties. We have a terrific editorial staff breaking big national stories. Again different games.
Congratulations on making money. I truly wish you the best. Please stop comparing your organization to ours. There is room in this space for the both of us.
Tucker hasn’t fired back – yet.