3 ms·
1) how do I get 1 million + users in 18 months? 2) how do I manage 1 million + users with the smallest team possible? 3) how do I turn 1 million users into at
by menloparkbum 20y ago
1) how do I get 1 million + users in 18 months?
2) how do I manage 1 million + users with the smallest team possible?
3) how do I turn 1 million users into at least 10 million dollars?
When I think of startups I'd like to be, I think of Winamp, hotornot.com, del.icio.us, reddit. These are companies that won big with only 1-5 people. I've been involved with startups that focused on getting a good series-A, hiring 20-30 people, then fucked around for 3 years and vanished off the face of the earth.
At this point, i think a better approach is to stay small and cash out for $10M in 18 months, rather than try to get big with an increasingly diminishing chance of success.
Of course if you're sure you've got a Google or YouTube, the "traditional" silicon valley venture-backed startup isn't a bad way to go. However it is kind of a bummer when you sell your thing for $1.4 billion and 600 million of it goes right to your investors... Would rather be Justin Frankel than Chad Hurley.