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Whenever I come across stories like this, I wonder if I'm doing startups wrong. The blogosphere is full of stories about being transparent, raising money from w
by drumdance 15y ago
Whenever I come across stories like this, I wonder if I'm doing startups wrong. The blogosphere is full of stories about being transparent, raising money from well-known angels and VC etc. but I wonder if there are 10 secretive companies making tens of millions for every one that makes it on TechCrunch.
- brador 15y agoThere are many. Chances are you're focusing on startup ideas that appeal to "modern hipster". Usually, white, middle-class, male, nerdy, tech savvy, 20-35, easily whipped into a frenzy. The founders of these startups, being of the same demographic, have a high visual appeal to their prospective customer base. They're photogenic and in some ways, aspirational. Hence, they make popular blog posts possible. Giving them high marketability and value to online news organisations (your main source of news) who are also targeting this demographic. For example, notice on kickstarter, who gets the most funding? On the other hand, other profitable startup ideas that do not appeal to the demographic of the blogs and websites you visit are missed. When's the last time you visited a traditional forum? or any site other than your top 10 bookmarks and a bunch of links you got from them?
- nikcub 15y agoThere is no real recipe for success.
- pnathan 15y agoYes, boring, conservative companies with suits don't make TC. They can be excruciatingly profitable however.