3 ms·
What's your startup?
by georgewsinger 9y ago
What's your startup?
- graycat 9y agoI was just trying to comment on PG's essay and say that there needed to be improvement on (1)-(3). For an example, I used some of the attributes of my startup. For my startup, I intend to announce a beta test here at HN. For any equity investors, I totally gave up: They make the mistakes (1)-(3) which means that they don't like my project and I don't want to report to a BoD with them on it -- on my BoD, after my first presentation of the ad targeting part of the project, they'd all upchuck, soil their clothes, furniture, and carpet on their way, screaming in agony and outrage and terrified of their fiduciary whatever, to the restrooms. After they recovered they'd meet at the closest bar and vote to disband my company. Why? My presentation would have some math in it, math they didn't understand, and listening to math one does not understand for more than five minutes at a time is worse than a root canal procedure. In all their careers they've never seen any role for math. E.g., for ad targeting, they'd be thinking in terms of demographics, gen X, Chablis and Brie set, McMansion set, etc., and none of that would be in my targeting math. The equity investors didn't want me when I started writing the code; now I don't want them; and as soon as my project gets any reasonable revenue forever I won't want them, their check, their BoD, or anything else. My project is to be exceptional; equity investors are not exceptional.