I’ve just posted the following announcement to the big Infobitt mailing list.

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Friends,

I have some unfortunate news. While I don’t wish to give up on Infobitt, we have run out of money. I’ve let the programmers go, and I’m looking for a job myself. But I’ll still be contributing, and I hope you will too.

Before I say anything else, let me say thank you to the investors, my advisers (especially Terrence Yang), and especially the contributors. Thanks also to Vivy Chao, who has written the daily updates very well; Tim Chambers, who provided the awesome audio editions; and Ben Rogers, our technical adviser. And, of course, the readers!

Infobitt deserves to be rescued. It’s got an active, committed community, it’s an awesome idea, it works quite well at a small scale, and I’m confident it can be made to work at a large scale. So we’re very much open to new opportunities for Infobitt. Maybe you can help? I’ll explain how below.

Contents of this mail:

• If you keep at it, so will I
• What’s the core problem?
• Why I’m still excited about Infobitt
• What does Infobitt need?
• Potential partners
• How it can happen
• If not Infobitt: gigs I’d like to consider
• Idea 1: write Philosophy for Children and create a complete set of free philosophy videos for kids to go with it
• Idea 2: making educational videos for little kids—a free online preschool

Please do continue contributing to Infobitt!

If you keep at it, so will I.

If you continue to support Infobitt by writing bitts, adding facts, and so on, then I will too. I do hope that in the next few weeks or months, we’ll re-emerge, re-invigorated, with a new configuration of people who can really make things happen fast.

What’s the core problem?

1. Why don’t we do a proper launch? Because the software works OK only at a small scale. It desperately needs certain features if we are to benefit from the massive traffic we’d get after a proper launch. If we launched now, we simply wouldn’t be able to absorb the new arrivals. (That’s what happened after my Reddit AMA.)

2. So why don’t we just code up the features we need? Because our outsourced software is buggy, complicated, and lacks automated tests, all of which means it’s hard to maintain, and would become more so as we add more (badly needed—see below) features.

3. So why don’t we just raise the money? Because we’re out of money, which makes fundraising very hard. Besides, we need an active, productive team to raise money, and at this point it’s just me, a sole founder.

4. So why don’t I get some co-founders? Yes, just my thinking…read on.

Why I’m still excited about Infobitt:

• Unlike every other news startup I know of, we are actively, daily creating a purely volunteer, Wikipedia-like front page news site. Infobitt works as no other crowdsourced news startup does. It’s been working, in its current version, for about a year now—really working, even if our traffic numbers are still small. That can change (see below).

• People are still working on it, and not just a few, but over 25 every week, and that’s on an obscure project that still hasn’t been properly launched and is rarely discussed in the media. Regularly, I see old hands getting excited again and new people getting into it. We are onto something.

• I absolutely love your loyalty and I don’t forget the people who have helped my projects. You are the lifeblood of Infobitt.

• I’ve seen evidence of deeper support for Infobitt from outside our active community. There are people waiting in the wings, waiting for the software to get better, waiting to be able to share their work, waiting for it to get easier (e.g., a browser plugin to add facts by selecting text on a page and pressing a button to add to Infobitt), etc.

• When I work more on it, you do. If I were enabled to work full time just on growing the community—if I had the time to write 10 bitts per day, comment and add facts, do more tweeting and blogging, and especially if we were launched and I could do interviews about it, then the community would grow like gangbusters.

What does Infobitt need? So…why aren’t we there yet?

• We need a better API. (Our automatically-created Python/Django API lacks many features, although it works.)
• Then we need apps (which use the API). (But a high school kid has actually made one based on our existing API, but it’s not released yet.)
• We need to add some insanely obvious features:

• Fact editing!
• View counts!
• Choose a bitt’s rank from within the bitt!
• Social sharing!
• FB/Twitter login.
• Email notices.
• Automatic newsletters.
• Tags/categories.
• Browser plugin to start/expand bitts quickly.
• We’ve also got serious bugs to fix.
• Any one of these would inject new life into the project. All of them would make this a popular and growing website, I think.

• Then, we need to be properly launched.
• We’ve got to make the software faster and more resilient for when high traffic arrives.
• I’ve got to start doing interviews. But first we need to be positioned to benefit.

To be brutally honest, I never should have tried to start a startup as a sole founder. I need others on board as partners, who are passionately committed to our mission and to making it a success. I’m doing too many jobs at once, when my forte, what I need to be focused on, is community and project development.

Potential partners. I assume that many of Infobitt’s best potential partners will be reading this, or will know people who are reading this—and you can forward this mail to them. Here is what we need:

• Awesome engineers: Python/Django, Javascript/Angular, PostgreSQL. Solid sysadmin type skills, including experience on AWS, would be most welcome. Somebody who can improve our API so people can make full-featured apps around our (open content) data. Maybe more exciting would be somebody who is inspired (and, of course, positioned) to write Infobitt from scratch, in a more reliable form.

• Designers. (But we need engineers on board first, to be able to use design work.)

• Maybe eventually one or two community people to help me.

How it can happen. Here are some categories of people or organizations who might be interested in joining me and helping to turn Infobitt around:

• Remarkable individuals, especially those are free to work for equity or who might want to buy into the company. Especially awesome engineers who are on top of Python/Django, Javascript/Angular, PostgreSQL, sysadmin, AWS.

• Existing startups, or idle startup teams, that want to pivot to Infobitt, who are interested in working with me. Again, free to work for equity or who want to buy into the company.

• Big nonprofits or fast-moving universities (ha ha). Theoretically, we could become nonprofit, open source, and open content. This would probably make it easier for Infobitt to succeed, assuming the project funding were adequate, but Infobitt’s investors obviously would like to make money.

• An investor that wants to buy Infobitt, build a team, and will hire me (with significant equity) and assign me to work on it.

Such people (or entities) would have to buy a major stake in the company and, presumably, hire me as an employee. I’m cool with that.

As far as I’m concerned, everything is on the table. I’ll be interested in anything that has a reasonable chance of making Infobitt a success.

Other gigs I’d like to consider

If nobody bites on Infobitt, here are some opportunities that would intrigue me:

• Full-time worker on somebody else’s startup. Community leader, project manager, or you tell me. I’d prefer to work from home most of the time.

• Adviser. For the right sort of project, I can help a lot. I’m an endless fount of ideas and very useful critical feedback.

• Writer/analyst/advocate. About education, homeschooling, very early reading, the Internet, rescuing the Enlightenment, philosophy, etc. (from a libertarian, rationalist perspective, if relevant). I’m also a practiced public speaker. I’m interested in working for a nonprofit advocacy group.

I’d be excited to execute either of a couple ideas I’ve had:

Idea 1: write Philosophy for Children and create a complete set of free philosophy videos for kids to go with it
I started writing an intro to philosophy for elementary students, a chapter book, back in 2012. Here’s the first chapter. I’d love to finish it quickly, and use the text to make the world’s first complete set of videos about philosophy for kids approximately 5-10 years old. Here’s the first video. It would take about three months for me to finish if I work on it full time.

Thing is, to support this project, I need at least $17,500. I’d love to do this and make the next generation a bit more hip to the liberal arts and the Enlightenment. I started designing a Kickstarter about this, but I haven’t finished it.

Idea 2: making educational videos for little kids—a free online preschool
Are you a philanthropist? Want a high-impact way to support online education for kids everywhere? Pay me me to make 2-3 videos per day like these. Most of those 24 videos got over 10,000 views after a few years, and my top ten have over 50,000 views apiece (with one at 750K). They’re easy for me to make, I’m good at it, and I love to do it. Also, my 4-year-old will beta-test for free! I envision a library of thousands of videos like these…think of it as an awesome free online preschool. By the way, if you want to pay me per video, to make sure I don’t waste your money, let’s do it!

Please continue contributing to Infobitt!

All the best,
Larry