The trouble with that, of course, is that even though tipjoy pleased users they just didn't have enough of them or enough transaction volume since the market wasn't ready.
What does one do in that case? Keep going (bleeding money) or give up? Lots of startup ideas are so bold that they're clearly early for their time.
I think tipjoys major problem was simply not being integrated in the platforms they were targeting, not that they did not please their users enough. You have to go through all the gates to score, not a subset of them.
And not having enough users is just as much a reason for failure as having dissatisfied ones.
The market is ready alright, it's just that as a third party add on offering a payment service you have to cross one more hurdle.
I'm pretty sure if the tipjoy principle would be implemented from within the network that it would be an instant smash hit.
What does one do in that case? Keep going (bleeding money) or give up? Lots of startup ideas are so bold that they're clearly early for their time.