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He picked some awfully unusual examples to make his point. By the end of the post I'm still not sure what to take away from it. http://asmartbear.wpengine.net
by wavephorm 15y ago
He picked some awfully unusual examples to make his point. By the end of the post I'm still not sure what to take away from it.
http://asmartbear.wpengine.netdna-cdn.com/wp-content/uploads/2012/01/balsamiq-cashflow.jpeg http://asmartbear.wpengine.netdna-cdn.com/wp-content/uploads...
"Torturous chaos for 6 months... before hockey-stick profitability" is the exception. Most startups have to grind it out for years before becoming anything more than ramen profitable.
- erikpukinskis 15y agoHis point was that even in the best case scenario, there's still a full six months of white-knuckling. That said, I would've enjoyed seein some examples of folks with 1, 2, and 3+ years of fog before they hit liftoff.
- mkeblx 15y agoTalking about FreshBooks: "As an aside, they mention that "we didn’t have our first paying customers until month 2." How do you think they felt before then? Or even in the six months after?" I don't get it. I mean getting a customer in the first month would be ideal but having revenue in month 2 doesn't sound all that torturous to me. That one of the fastest examples of revenue traction I've ever heard. If he was trying to make the valid point that many startups that on the surface appeared to have overnight success were in fact trucking away for years filled with uncertainty of getting traction it was unmade by the examples presented.
- its_so_on 15y agoHe's saying, (to paraphrase) "When Google was four servers at Stanford, Google didn't have shit." He wonders if there is any way to tell -- today -- what the next Google would be, by looking back at Google's experience at that time, or knowing if you are currently working on the next Google, based solely on the numbers in front of you and the trend these numbers are taking. Oh, and the false premise which is the mentality around here that making numbers go up is all that counts. The answer he comes to is that no, there is not. Without specifying his false premise, however, he comes to a false conclusions. The truth is that there is more than just making numbers go up, and the truth is that it is easy to tell when you're working on the next Google. (As a rule companies on hn are not). * edit: there's nothing wrong with building a company on numbers, instead of building the next multi $B company