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What I'd really like to know is: what are these guys doing with the 200 grand people pledged? Is it just paying their rent in SF or what?

by seldo 16y ago

jackowayed 16y ago
If you look at the rewards the "backers" get[1], I bet they'll spend around half their money on buying and shipping all of that stuff. Possibly more if they pay someone to do fulfillment for them. Also, the best way to waste their money is to say "well, people expect us to spend this money, let's find ways to spend it that sound useful." They shouldn't be afraid to spend it on worthwhile endeavors, but they also should be in no rush to spend it. What do you really want them to spend it on? A few more developers might be good if they know good people, but wasting much time on hiring when they've just got a summer isn't worth it. (Btw, anyone know if they're returning to school in the fall?) So they'll pay for their plane tickets, rent, and food. Hopefully they'll contract someone to help make the UI gorgeous unless one of them is really good at it (though it looks pretty good right now). And if they end the summer with $75k in the bank that they can use going forward, that's awesome. [1]: right sidebar of http://www.kickstarter.com/projects/196017994/diaspora-the-personally-controlled-do-it-all-distr http://www.kickstarter.com/projects/196017994/diaspora-the-p...
- bkrausz 16y ago
  It'll be a fair bit less than half, probably around $50k. Shameless but very relevant plug: http://nerdlife.net/diasporas-upfront-costs/ http://nerdlife.net/diasporas-upfront-costs/
axod 16y ago
What do you think they should spend it on? What did you think they would use it for? Creating something like this - or most web startups - isn't expensive, it's just time consuming.
- BerislavLopac 16y ago
  "Creating something like this - or most web startups - isn't expensive, it's just time consuming." Which makes it expensive. Or is your time free?
  - axod 16y ago
    Right. but the OP said "Is it just paying their rent in SF or what?" Which seemed to imply that would be a bad use of money - salaries.
- TallGuyShort 16y ago
  Aside from paying their own salary - that money could be a very good investment into their infrastructure. I know their primary goal is development of the protocol, but it'll catch on a whole lot faster if it starts with an official host for people to keep their seeds on.
deleted 16y ago
[deleted]

What I'd really like to know is: what are these guys doing with the 200 grand people pledged? Is it just paying their rent in SF or what?

by seldo 16y ago

What I'd really like to know is: what are these guys doing with the 200 grand people pledged? Is it just paying their rent in SF or what?

jackowayed 16y ago

If you look at the rewards the "backers" get[1], I bet they'll spend around half their money on buying and shipping all of that stuff. Possibly more if they pay someone to do fulfillment for them. Also, the best way to waste their money is to say "well, people expect us to spend this money, let's find ways to spend it that sound useful." They shouldn't be afraid to spend it on worthwhile endeavors, but they also should be in no rush to spend it. What do you really want them to spend it on? A few more developers might be good if they know good people, but wasting much time on hiring when they've just got a summer isn't worth it. (Btw, anyone know if they're returning to school in the fall?) So they'll pay for their plane tickets, rent, and food. Hopefully they'll contract someone to help make the UI gorgeous unless one of them is really good at it (though it looks pretty good right now). And if they end the summer with $75k in the bank that they can use going forward, that's awesome. [1]: right sidebar of http://www.kickstarter.com/projects/196017994/diaspora-the-personally-controlled-do-it-all-distr http://www.kickstarter.com/projects/196017994/diaspora-the-p...

bkrausz 16y ago
It'll be a fair bit less than half, probably around $50k. Shameless but very relevant plug: http://nerdlife.net/diasporas-upfront-costs/ http://nerdlife.net/diasporas-upfront-costs/

axod 16y ago

What do you think they should spend it on? What did you think they would use it for? Creating something like this - or most web startups - isn't expensive, it's just time consuming.

BerislavLopac 16y ago
"Creating something like this - or most web startups - isn't expensive, it's just time consuming." Which makes it expensive. Or is your time free?
- axod 16y ago
  Right. but the OP said "Is it just paying their rent in SF or what?" Which seemed to imply that would be a bad use of money - salaries.
TallGuyShort 16y ago
Aside from paying their own salary - that money could be a very good investment into their infrastructure. I know their primary goal is development of the protocol, but it'll catch on a whole lot faster if it starts with an official host for people to keep their seeds on.

deleted 16y ago

[deleted]