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Founders should avoid many of such events. It is waste time and money. I agree that founders should spend every extra dollar for marketing and customer acquisit
by smsanko 11y ago
Founders should avoid many of such events. It is waste time and money. I agree that founders should spend every extra dollar for marketing and customer acquisition.
- logicallee 11y agoit has been said before but it bears repeating: founders would do well to have a few hundred thousand dollars of their own money. If you don't have this money, you should be making money from day one doing something else. airbnb sold cereal. Let me repeat this: in order to get cold, hard, cash, to create airbnb, airbnb founders sold cereal. A fast-moving consumer good. Get money.
- jonesb6 11y agoDown-voted because people find it romantic living on cereal and a friends couch, all while having employees completely satisfied being paid in equity and high fives.
- deleted 11y ago[deleted]
- tim333 11y agoThe cereal thing was a bit out of desperation having "maxed out a binder full of credit cards and racked up tens of thousands of dollars in charges." Probably not the ideal way to go. Though testament to the guys resourcefulness. I'm not sure having several $100k to start, selling other stuff or pitching at disrupt are very good routes to startup success. The thing that seemed to work for Google, Apple, Facebook and Microsoft was building cool stuff first on almost zero budget.