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These guys launched less than 4 months ago... how can we possibly be talking about 'failure'?? It can take months, if not years, of iteration and course correc
by ryan 18y ago
These guys launched less than 4 months ago... how can we possibly be talking about 'failure'?? It can take months, if not years, of iteration and course correction for a startup to find its groove. These guys are working hard.
- ivankirigin 18y agoThank you! I'm actually a bit surprised the the main argument is about the amount we've earned from our very real and operational business model. Lots of companies don't even have that :)
- jbenz 18y agoHa, that's a good point. How many startups exist without a revenue model at all? I think we can give your company, with a nice and clear revenue model, a bit more time before judging.
- axod 18y agoI agree, although I think some companies play that to their advantage. Once you are earning money from a stream, you know how much you're earning. If a company hasn't even tried to monetize something, they can pick any figures out of the air for projected revenues. "Unlimited potential!".
- ivankirigin 18y agoYou're probably right. There is a similar dynamic with a pre-launch and post-launch company. Pre-launch, you can sell the hell out of it. Post-launch, investors might want traction before they touch it.