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Hey folks. I'm a Kera cofounder. We believe in the Lean Startup. Probably more than most. We launched three separate tutorial products trying to find something

by camwest 13y ago

Hey folks. I'm a Kera cofounder. We believe in the Lean Startup. Probably more than most. We launched three separate tutorial products trying to find something that people picked up easily while still giving great results. We basically ran out of time and had to scale our team back to just the three cofounders. We are still kicking the can trying to get traction (albeit in a different direction). If anyone wants more details about why we shut down the producg I'd be more than happy to share. It's fundamentally a CAC being higher than LTV type issue.

Maciek416 13y ago
Hey Cameron, it's sad to see Kera shut down, there were some really neat ideas in there. On the other hand, I'm pleased to see that you guys have seen an idea through until it either succeeded or failed. There are too many long-running projects in Toronto, ideas on never ending life support, never allowed to succeed nor fail, kept alive by either consulting or government support. I think if we took bigger risks and cycled through a variety of ideas faster (even if they fail fast), we might have a better chance at attracting more money to this city. Getting clueful investors here is very difficult, as I'm sure you have learned. I would love to see you guys write more about your story. Good luck with your next idea.
- maxcameron 13y ago
  Hey Maciek, Thanks so much for the kind words. I totally get your point about the TO zombies, but on the other hand, companies like Nulayer are actually doing great work and are getting rewarded for hard work with success. Here's to trying again.
- rahilsondhi 13y ago
  Curious, what are some Toronto startups you think are on never ending life support?
  - maxcameron 13y ago
    That's dangerous ground Rahil - you should post an "Ask HN" instead of turning this into a shit-talk-a-thon.
    - rahilsondhi 13y ago
      You're right, oversight on my part. All the best with your next venture Max.

by camwest 13y ago

Maciek416 13y ago

Hey Cameron, it's sad to see Kera shut down, there were some really neat ideas in there. On the other hand, I'm pleased to see that you guys have seen an idea through until it either succeeded or failed. There are too many long-running projects in Toronto, ideas on never ending life support, never allowed to succeed nor fail, kept alive by either consulting or government support. I think if we took bigger risks and cycled through a variety of ideas faster (even if they fail fast), we might have a better chance at attracting more money to this city. Getting clueful investors here is very difficult, as I'm sure you have learned. I would love to see you guys write more about your story. Good luck with your next idea.

maxcameron 13y ago
Hey Maciek, Thanks so much for the kind words. I totally get your point about the TO zombies, but on the other hand, companies like Nulayer are actually doing great work and are getting rewarded for hard work with success. Here's to trying again.
rahilsondhi 13y ago
Curious, what are some Toronto startups you think are on never ending life support?
- maxcameron 13y ago
  That's dangerous ground Rahil - you should post an "Ask HN" instead of turning this into a shit-talk-a-thon.
  - rahilsondhi 13y ago
    You're right, oversight on my part. All the best with your next venture Max.