4 ms·
Yup, i don't remember if i heard this quote by DHH in one of his interviews or was in his book, but it struck to me and honestly if i ever have my own company,
by parthdesai 8y ago
Yup, i don't remember if i heard this quote by DHH in one of his interviews or was in his book, but it struck to me and honestly if i ever have my own company, i'm going to try to follow Basecamp's model.
I'm paraphrasing the quote but it was something like "Not everyone needs to be next Google, Fb, Amazon. There is ton's of space for medium size $50 million/year businesses."
- nikanj 8y agoBut no investor wants to put their money in those.
- tclancy 8y agoSure they do, they just don't get written about here or glorified. But they exist and they're happy.
- parthdesai 8y agoIt's definitely more difficult but you can always try to bootstrap or take small investments and try to grow organically instead of going for 10x growth.
- brendanmc6 8y agoThis just seems so much more attractive to me on a personal level. I invested a stupid amount of my time to build a webapp just on a unproven hunch that a market exists for it (i.e. if it did, I would have been a customer). Now that I'm switching to founder mode and exploring paths forward, the thought of taking a sum just a fraction as big as some of these companies is horrifying to me. I don't want to spend my time and energy selling, and then later defending, a fantasy to investors. Nor the crushing anxiety that must come with that. I just want to build something that the economy values for it's utility, and pay my rent in the process. Though I guess after acheiving that, I'd probably start looking up...
- parthdesai 8y agoDefinitely, i would rather earn little less and work for myself or someone sane rather than working for someone who is looking to make 10x return anyhow.