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How come everyone misses the fact that the app doesn't make the company. I think color actually redefines "social". If these guys are successful in executing th
by sunkan 16y ago
How come everyone misses the fact that the app doesn't make the company. I think color actually redefines "social". If these guys are successful in executing their vision, their current valuation will seem a no-brainer. I seriously don't understand all the negativity and backlash around their launch.
This is coming from a guy that couldn't get their app to work. Every time I try to take my picture, the app crashes. But I don't think that really matters.
Isn't this the same community that proclaims, if you are not embarrassed with your initial product release, then you haven't released it early enough. ?
- pclark 16y agoAll of the startup mantras hacker news recites go out the window if you raise lots of capital, apparently.
- plamb 16y agoAnd they should. There's a big difference between two guys renting a house and living of their savings accounts pre-launch and 41 million dollars and 27 employees pre-launch.
- dglassan 16y agoya, it applies to a team of founders living off their savings who need to push their product out and get quick feedback from initial users to set their product/service in the right direction. A team of 20+ people with $41 million in the bank has the luxury of not having to worry about missing a rent check and they have the resources to do thorough QA testing and run a beta program to get initial feedback (maybe color ran a beta program I'm not sure). Color definitely has the resources to run a 6 month beta program to get feedback and test their app....a founding team of two living off their savings may not have the time or money to do this.