It’s been a while since I’ve reported on NetworthIQ. Here’s where things stand after almost 8 months.
Total registered/verified users: 2966
Users with net worth entered: 2503
Public Profiles: 969 (33%)
Median net worth of all users: $84,500
Alexa Ranking: 58,962
Looks like the public profile percentage has leveled out at 33%, being that it was about the same 3 months ago. Going into this project we were expecting maybe 25%, so it’s nice to see that the community has embraced this openness.
In the search engine world, we hit a big milestone this week, now cracking the top 5 for “net worth” on Yahoo. Still #1 on MSN as well. But, still nowhere to be found on Google, which yes I know, is probably the only one that really matters. We are however on the first page in Google for “compare net worth”. With no PR/Ad budget, organic and viral growth is essential, so these are important things to consider.
One area that has recently taken off is the community aspect. Comments are way up since the Business Week article and there are now several very active users helping the community. In particular, moominoid and stealthbucks are all over the place, leaving helpful bits of advice all around. We envision NetworthIQ as being the place where you can share all of your financial experiences and advice, so this is great that it’s already begun before we develop the more specific features in this area.
As far as what’s coming next. We’re working on a beta exit realease with a new design (I know, that’s been mentioned before, it’s still coming). It looks like we’re also going to get a NetworthIQ score into this release, that should be interesting (and yes, we are taking steps to account for the top net worths). WOPM (to borrow the term from Brad Feld) is on the horizon too, which will allow users to cross-post their entries into their own blog. Time is still the enemy, as there’s so much we want to do to push NetworthIQ forward. Hopefully, we can take some steps in the near future to solve that problem.