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1. A common seed stage is 250K-750K and they are currently way below it. Since they are going open source, there is no better way to achieve it. 2. 250K+ for 4
by lionshare 16y ago
1. A common seed stage is 250K-750K and they are currently way below it. Since they are going open source, there is no better way to achieve it.
2. 250K+ for 4 people will give them the opportunity to focus and advance fast without financial side effects.
3. Since when the J. Fried camp is so worried about specs? They want to build a tool to scrape the data, store it local and make it avail. via standard protocol. Nothing to invent, all the tools are in place, but a lot of hard work on the boring integration/config details and testing.
And to the point again: if such thing work I guess it will not be that hard to include a tasks and project management layer that will hurt Basecamp.
- rick_2047 16y ago1) I am not speaking on the behalf of J. Fried. I don't care who that is. 2) I have said that before and will say it again. Sure seeding is way above that. But those seed money go to startups which make money. The VCs make more money off it. Nobody is getting money from this.
- lionshare 16y agoExactly! We agree here. This is why they succeeded. And this is why the old anti-raising money arguments of J.Fried do not hold. And his "anti-evil" strategy also doesn't work here. So he picks the "no product" PR strategy (again, when Google had a full product, albeit free and competing with Campfire, it was the "evil" PR strategy). It's a PR to stop a competing trend, a paradigm shift that sooner or later threatens his core business. His subtext is sorta "listen, don't give them more money because it will spoil them and there will be no product." I see no other way to start such a project than a few geeks sitting and building it, and nothing will help them more than a few months freedom from financial distractions.
- rick_2047 16y agoI too am against them getting so much money lionshare. As I said before, cool things can happen with the obscene amount of surplus money they have. They asked for $10,000 and thats what they need nothing more nothing less. If they wanted more, they could have asked for it.
- lionshare 16y agowell, they probably played with some draft code, hooking some libraries, and this is why they asked only 10K. as a summer vacation thing. but they are on something important, the idea is right, the timing is right, and technically feasible. These funds and support are not what they expected - but taking financial distractions out of the equation, they have better chances to do it. It's an interesting thing, and the best thing would be to support them or at least wait before calling it curse. Question is if you and me will install and use these nodes?