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According to other comments on this thread all three of the names mentioned are already highly successful and financially independent individuals. I wonder if t
by ben_jones 7y ago
According to other comments on this thread all three of the names mentioned are already highly successful and financially independent individuals. I wonder if the high risk tolerance encourages them to focus more on the lifestyle aspects of this project (and if that is a trend we see in other startups founded by already successful individuals).
There is also something about well-off individuals taking investment money to get a fancy office rather then bootstrapping and keeping all the equity/destiny of the company themselves that smells funny to me. I guess its "free money" but I have to wonder if the products would be better if it was sweat equity instead.
- ta999999171 7y agoWho tries harder - pro sportsballer with the check in the bank, or the first-year college player?
- dunkelheit 7y agoConsidering that apparently they will try to do something on the hardware side, additional capital may be necessary. Just guessing.
- plange 7y agoThey are starting in a garage https://blog.jessfraz.com/post/born-in-a-garage/ https://blog.jessfraz.com/post/born-in-a-garage/ Read up before you make unfounded claims
- ben_jones 7y agoI was misled by the top comment in this thread “talking about their fancy new office”.
- vmarsy 7y ago> There is also something about well-off individuals taking investment money to get a fancy office rather then bootstrapping and keeping all the equity/destiny of the company themselves that smells funny to me. I guess its "free money" but I have to wonder if the products would be better if it was sweat equity instead. Based on the description of the company, they are working on hardware. I'd agree with your statement if this was a pure software company, but anything involving tangible products can require initial capital orders of magnitude more than what 3 engineers are worth..
- kyllo 7y agoSpeaking of that, does anyone here have a ballpark number for what it would cost and what the minimum order quantity would be like, to get one of the major Taiwanese OEM companies to manufacture an initial run of a custom server product? My guess is that the capital requirement would be in the 10s of millions of dollars.