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> You can put 20% into a startup and get 10000% out. Really? I don't know anyone who does anything with 20% focus and effort put in and gets 10000% out. Then a
by iuguy 16y ago
> You can put 20% into a startup and get 10000% out.
Really? I don't know anyone who does anything with 20% focus and effort put in and gets 10000% out. Then again, maybe we're talking cross-purposes as to what gets put in or taken out.
As for DHH, he wasn't at 37signals until 2003, so I'm not quite sure where you're coming from with that. I'm not even sure DHH is a good example as it wasn't like he came in as a partner (at least AFAIK, but please correct me if I'm wrong), so clearly he had to put some effort in in order to become one.
- jasonkester 16y agoI think he means that the outcome is not required to be proportional to the input. I have a couple examples of my own that I can use to demonstrate. The business that pays my rent took me the better part of a week to build and launch 3 years ago. I've gone literally months without opening the project in an IDE, marketing it, or thinking about it beyond answering an email or two. And the profits keep rolling in. Some years back I was part of a 6 man dev team at a 20 person startup, burning through 60 hour weeks and $8M in funding to build the mother of all SaaS products, which over the course of its life brought in roughly the same amount of revenue as the product mentioned above. So, as the grandparent said, there's no reason to expect that effort and outcome are coupled in any way.
- tptacek 16y agoYou think everyone who's ever had a "fuck you money" exit put 100% focus into their company? I don't care to argue about DHH's position at 37signals. He's the one who said he built Basecamp as a part-time project. He has me at "custom Zonda supercar".