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"That eventually combined the right idea with the right execution in the right market to make a living. Not buy a boat you can land a helicopter on. Not conquer
by kevinpet 13y ago
"That eventually combined the right idea with the right execution in the right market to make a living. Not buy a boat you can land a helicopter on. Not conquer the world with iPads. Just make a living."
I think I wouldn't call that a successful startup. When someone says "startup" to me that inherently means the seed of a large business. A software consulting business isn't a startup in my book. Even Bingo Card Creator, though it at least has the technological leverage, is in too small a space to really be a startup.
Selling out early or late doesn't change it, and if they transition from startup to small-medium sized business somewhere along the way, they could have been a startup that had a best case failure, but they would cease to be a start up. I'd worked at one of the latter. A good indicator is when you are given 65k stock options ... at a penny a share.
- whatusername 13y agoBut But But.. If patio11 can corner just 1% of the market (Every teachers and Youth Worker in the world) then Bingo Card Creator will be huge. I'm sure that's a valid pitch. (And I'm sure the BCC has made more profit that most companies who pitch something like that)