For years I have been writing about reputation and have often said that this will be the decade of the reputation economy. Yet until recently there has been very little in the space. The social media measurement systems such as Klout and PeerIndex have limited data scope and while they talk the language of reputation actually measure influence. Honestly.com is a more pure play in the individual reputation space, but has got limited traction so far.
In recognition of the massive opportunity in the reputation space we have been building a stealth start-up Repyoot (holding page only for now), which will shortly be launched as a limited scale influence ratings engine, with the intention of morphing into a generalized reputation engine.
In developing the service and discussing it with VCs, we have always seen the most obvious latent competitors in the reputation measurement space as Google and LinkedIn. LinkedIn’s recommendation service is a long way from a true reputation service, but it provides a foundation for building one. Google’s depth of data, positioning, and mentality mean that it is well-positioned to develop an individual reputation service. While it is probably not related, I know that Google.org, Google’s philanthropic arm, has been very interested in reputation services for some years, as one of the services that would be of most value in helping developing regions.
Read more →