3 ms·
1) See 37Signals post about working on your best idea. Does the creator have a better idea to work on? 2) Extrapolate a little bit. Others have mentioned sub
by pkaler 17y ago
1) See 37Signals post about working on your best idea. Does the creator have a better idea to work on?
2) Extrapolate a little bit. Others have mentioned sub-Chatroulettes. What if Chatroulette added Flickr style tags? Twitter style hashtags? Digg style upvoting?
- ArcticCelt 17y agoHe is 17, so depending of is financial situation, using the million to get a top notch education could be his better idea.
- noarchy 17y agoA million for a top-notch education, with a ton left over at the end to invest in whatever he chooses.
- nkohari 17y agoRegarding #1, there are a lot more fish in the sea, and you can catch a lot of fish with $1M. It often makes sense to sell any property at the peak of its value. It's possible (perhaps likely) that Chatroulette is at its peak value right now.
- jackowayed 17y agoThat was my main point. He's almost certainly going to see traffic dip within a few months when he stops being in the NYT and such. He could innovate with stuff like these subroulettes and have it grow longterm, but now he's looking at real opportunity costs. He's probably better off taking what basically amounts to a free $1M, then he can go to school if he so chooses, and then go start another venture. And sure, maybe this is his best idea right now, but he'll probably have a better one within the next 10 or 20 years. (I think the same thing applies to DHH, but it's even more true when you're talking about a 17-year-old.)