4 ms·

Cruel? What about the other people with an actual useful project who didn't get a chance to raise money because OP was distracting the same investors with a sil

Cruel? What about the other people with an actual useful project who didn't get a chance to raise money because OP was distracting the same investors with a silly idea. OP used their pitch presentation skills to divert opportunities away from other actual hard working people who might have used the money to do something useful for society.

jack_pp 8y ago
Other people with useful projects probably didn't have access to the people OP used. You are implying that OP manipulated people to give him money while knowing that he had a bad idea, if this were true why would he want to give money back and why post here? If he were a conman he wouldn't ask for advice on how to proceed. Even if you had a great idea there's countless ways to lose 100k. If you don't hire the right people you just lost money; if you're a toxic manager or just don't know how to assign tasks to people the whole startup will burn for it. If you hire 3 people with a 5k per month salary you burn 45k in 3 months, idk where you're from but 100k isn't a lot of money for a startup in the US.
- grosjona 8y ago
  I'm a consequentialist so the intention doesn't change anything for me. All I'm saying is that this is really bad and OP should accept that they will have to suffer through the consequences.
  - tibbetts 8y ago
    If you have access to an oracle that protects you from making these kind of mistakes, I encourage you to start a venture fund. Or start an international charity. Or ask your oracle what the best thing to do is and then do that. The answer is probably not harshing on people asking for advice.
  - javajosh 8y ago
    I am sorry for you that you have this kind of voice in your head, so strong that it actually speaks with your mouth. It's an angry, judgemental voice that demands success and holds contempt for failure. How could you possibly attain any level of success in any endeavor with such a voice running, commenting, hurting you? I (we) are only subject to it in this thread, but you subject yourself to it every day. Try something new. Try having as much compassion for those that try and fail as you apparently do admiration for those that try and succeed. The difference between these two groups is far less than you think. Your current voice antagonizes both groups, that relatively tiny group, the ones that tried at all.
  - analognoise 8y ago
    'I'm a consequentialist so the intention doesn't change anything for me.' It also doesn't provide any useful predictive results, noe is it a complete and sustainable philosophical system. If you think sitting on the sidelines and taking pot-shots at people who try and fail is good because the successful ideas were 'obvious', you underestimate the degree to which luck and timing influences success - the saying is 'hindsight is 20/20' - it's very easy to see something fail and say, "well obviously!". It's the same trap for cynics - if you take the easy path to being 'right' because 'everyone knows', it becomes a lazy and self defeating intellectual exercise. It isn't superior, it's a shell covering an inferiority complex whereby you 'win' by not playing. It's harmful to yourself and others. I suggest some exercise, a yoga class, maybe make a few friends irl. I'll be your friend if you need one. People aren't that bad; but we're all close to sanity's edge, and we all actually need each other. Please reconsider, friend.
  - dtech 8y ago
    > I'm a consequentialist so the intention doesn't change anything for me. What does that even mean? If you buy a lottery ticket and you win then it was a good idea, if you lose it was a bad idea? That is absurd, sometimes an idea pans out, sometimes it doesn't. There's no way to tell beforehand. You're also making it sound like investors losing 200K on a failed startup is some kind of crime against humanity. It's not, it's the risk that investors take.
lucio 8y ago
It's impossible for all projects to succeed, and it's also impossible to know which ones will succeed from the 1000 pitched every week. The winning solution from Capitalism is "let's fund them all", and after a year or two you'll have: 1 wild success, 99 good to barely-profitable companies, and 900 failures. And no, you can't tell beforehand which one will be the wild success.

jack_pp 8y ago

Other people with useful projects probably didn't have access to the people OP used. You are implying that OP manipulated people to give him money while knowing that he had a bad idea, if this were true why would he want to give money back and why post here? If he were a conman he wouldn't ask for advice on how to proceed. Even if you had a great idea there's countless ways to lose 100k. If you don't hire the right people you just lost money; if you're a toxic manager or just don't know how to assign tasks to people the whole startup will burn for it. If you hire 3 people with a 5k per month salary you burn 45k in 3 months, idk where you're from but 100k isn't a lot of money for a startup in the US.

grosjona 8y ago
I'm a consequentialist so the intention doesn't change anything for me. All I'm saying is that this is really bad and OP should accept that they will have to suffer through the consequences.
- tibbetts 8y ago
  If you have access to an oracle that protects you from making these kind of mistakes, I encourage you to start a venture fund. Or start an international charity. Or ask your oracle what the best thing to do is and then do that. The answer is probably not harshing on people asking for advice.
- javajosh 8y ago
  I am sorry for you that you have this kind of voice in your head, so strong that it actually speaks with your mouth. It's an angry, judgemental voice that demands success and holds contempt for failure. How could you possibly attain any level of success in any endeavor with such a voice running, commenting, hurting you? I (we) are only subject to it in this thread, but you subject yourself to it every day. Try something new. Try having as much compassion for those that try and fail as you apparently do admiration for those that try and succeed. The difference between these two groups is far less than you think. Your current voice antagonizes both groups, that relatively tiny group, the ones that tried at all.
- analognoise 8y ago
  'I'm a consequentialist so the intention doesn't change anything for me.' It also doesn't provide any useful predictive results, noe is it a complete and sustainable philosophical system. If you think sitting on the sidelines and taking pot-shots at people who try and fail is good because the successful ideas were 'obvious', you underestimate the degree to which luck and timing influences success - the saying is 'hindsight is 20/20' - it's very easy to see something fail and say, "well obviously!". It's the same trap for cynics - if you take the easy path to being 'right' because 'everyone knows', it becomes a lazy and self defeating intellectual exercise. It isn't superior, it's a shell covering an inferiority complex whereby you 'win' by not playing. It's harmful to yourself and others. I suggest some exercise, a yoga class, maybe make a few friends irl. I'll be your friend if you need one. People aren't that bad; but we're all close to sanity's edge, and we all actually need each other. Please reconsider, friend.
- dtech 8y ago
  > I'm a consequentialist so the intention doesn't change anything for me. What does that even mean? If you buy a lottery ticket and you win then it was a good idea, if you lose it was a bad idea? That is absurd, sometimes an idea pans out, sometimes it doesn't. There's no way to tell beforehand. You're also making it sound like investors losing 200K on a failed startup is some kind of crime against humanity. It's not, it's the risk that investors take.

lucio 8y ago

It's impossible for all projects to succeed, and it's also impossible to know which ones will succeed from the 1000 pitched every week. The winning solution from Capitalism is "let's fund them all", and after a year or two you'll have: 1 wild success, 99 good to barely-profitable companies, and 900 failures. And no, you can't tell beforehand which one will be the wild success.