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Wow the pressure and attention on at such an early stage makes it that much more riskier. Bit hard to stay small and make mistakes early on when you're in the
by hartror 16y ago
Wow the pressure and attention on at such an early stage makes it that much more riskier. Bit hard to stay small and make mistakes early on when you're in the glare of so much public opinion. Not saying he can't deal with it, but I wouldn't want the attention!
I wish him luck I love delicious to bits!
- kloncks 16y agoCompletely agree. Square is the last such hyped venture. What I don't like is the willingness of investors to quickly fund regardless of the idea. If you're looking for contributing partners for your venture, that's the last philosophy you want your investors to have.
- joshu 16y agoGenerally, in an angel deal, the investors get relatively oversight; that doesn't come until an equity financing or series A where an investor takes a board seat.
- astrofinch 16y agoI'd take the attention and start as an invite-only service. Schachter is getting a lot of free PR. (As far as I can tell, free PR is a big advantage of getting in to Y Combinator as well.)
- hartror 16y agoSteve Blank has a great series on a much hyped game studio he was a cofounder on. They had the whole gamit of media coverage inc wired before they had anything resembling a prototype. He learnt some hard lessons from that one. http://steveblank.com/category/rocket-science-games/ http://steveblank.com/category/rocket-science-games/
- joshu 16y agoI think I bought one of those games. Something with hoverbikes and grappling hooks? Hopefully there will be time for the buzz to die down before I actually release anything.