3 ms·
Or, because of their ability to copy another existing site, and having the business savvy and relationships to sell it for a huge sum. Having a successful star
by aditya 16y ago
Or, because of their ability to copy another existing site, and having the business savvy and relationships to sell it for a huge sum.
Having a successful startup is a lot more than the tech behind it or the product itself, right? I mean, you should know, considering Digg never returned money to its investors. (joke!)
- benatkin 16y agoTo expand on your joke, the ability to generate buzz on the twittersphere. http://tweetreach.com/reach?q=aboutme http://tweetreach.com/reach?q=aboutme The last 50 tweets alone (at the time I submitted the form) reached 275,244 people! (Well, could have, if everyone read every tweet in their friends_timeline).
- abstractbill 16y agoOr, because of their ability to ... sell it for a huge sum. Wait, so the founding team is worth a lot because of their ability to sell themselves? Sounds like rather circular reasoning.
- kareemm 16y agosell themselves and "sell" their product (to 400k users) in exchange for time and attention. as the GP suggests, startups are about a lot more than tech - selling, it turns out, is also valuable.
- lkozma 16y agoOr like self-fulfilling prophecy.. Thanks HN, first a post on multilingual Quines, then this line.. My head spins now.. :)
- ojbyrne 16y agoActually mentioning digg just reinforces my point - there's relationships and then there's cronyism. Because digg did get money to some investors - presumably the same ones who got invited to the right parties. And invariably we'll have to listen to various people from this company blovating about how smart, and creative, and witty they are.