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Social Ridesharing Startup Ridejoy (YC S11) Raises $1.3M
- GraffitiTim 15y agoThese guys are major hustlers. They've earned it.
- jasonshen 15y agoThanks Tim! We're just getting started... =)
- chris123 15y agoCongrats guys. Nice execution so far. Time to take that ball and run, because Steve Blank and others would say that you have taken down a big risk milestone for everybody interested in the market, indeed you have validated it. Now it's time for the second movers join the party :) To other developers (Rails, anyone?): Want to create a similar/better/different version (I've got the points of differentiation written up) get in touch. Up to 50% of the equity is on the table (subject to terms, conditions, etc.), plus I seed fund (no salaries until proper milestone and subject to terms, conditions, etc.). Before you scream "copycat," consider that this project has been on my backlog since before RideJoy existed or registered its domain name. The brands I've got for this include part of my "P2P" line, plus a "_ _ _str" name, both registered prior to RideJoy: p2pRides.com and Ridestr.com. Why don't I do it myself? Because I can't (yet?). I'm a former venture finance guy who moved to Europe and tried to get some things going, including Airbnb before Airbnb was Airbnb. Google for "BuzzPal Revealing Its Product - ArcticStartup" for the video, which kind of sucks, but is what it is. It was also a bad name for the project, but I didn't yet own p2pRooms.com or any of other better ones for that project yet (do no and it's still on the backlog). Why did I say "yet" in the paragraph above? Because I am now studying Software Engineering with an emphasis on what I need to learn to launch these kinds of projects myself and/or assess and analyze technical partners, co-founders, etc. To RideJoy or Airbnb or others who have been and are making offers to acquire domain names: Deals are possible, but probably something with upside vs. straight cash deals like the one I did last year (related to Amazon's $500-million acquisition of Diapers.com).
- chris123 15y agoLOL. Thanks, jasonshen :)
- jasonshen 15y agoHaha, cchurch is definitely not me.
- cchurch 15y agoSo, you're looking for someone to build you a website for a validated business model? And to the table you bring ... 2 "meh" domain names? And for this, they can get up to 50% equity? How nice that you're willing to negotiate on licensing your "assets."
- vaksel 15y agoyeah, those are some terrible domain names...not even worth the reg fee. Now, if it was something like rideshare.com it might be worth something.
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- jasonshen 15y agoHey chris123, thanks for sharing your thoughts (I upvoted this comment) You are welcome to start your own thing or recruit others to do so and HN is a great place to do it. I appreciate the offer of the domain, but we're pretty happy with the one we've got. =)
- joshu 15y agoWhenever someone presents or executes an idea, there's always some guy who shows up claiming to have had that idea first. You managed to do it twice in the same post: kudos!
- joshu 15y agoCongrats to the team! (I invested)
- rmoh 15y agoServices like these have been around in Europe for at least five years. Glad to see the US is catching up.
- jaysonelliot 15y agoCongratulations Kalvin, Randy, Jason, and the whole team. You're a super-talented bunch with honorable motivations to make a dent in the world. I know you'll do great things!