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Startups: Hold on for one more day
- trotzke 17y agoMy presentation from Ignite Bloomington. Thought some struggling startups might enjoy.
- dbul 17y agoWhat does SproutBox actually do -- fund ideas and use SproutBox employees to help build them? I ask because a friend applied for a position there last year and another friend (who lives in Btown) had some relation. So it seems like it is kind of a big deal coming out of a "small town." (JCM)
- auston 17y agoI believe this is accurate - I spoke w/ Mike in Miami recently and this is how he described it to me: You (and your friend) have this awesome idea & have a pretty good idea of how you're going to do it - but you don't have UI experts, you don't have scaling experts, you don't have marketing experts, etc etc - Sproutbox gives you some ramen money & a kick ass team - to take your business to profitability. Doesn't sound bad to me! My only real q is - How much equity are we giving up for that?!
- dbul 17y agoAh, ok. I told a business exec I knew I was doing a startup and he recommended a company in the Pittsburgh area which would "grow your idea" for 51% (i.e. control of the company). When some suits are in control, it would seem that it is no longer any fun and more like working for someone else. I like SproutBox's site, and the couple of sites produced already (found via their Twitter).
- trotzke 17y agoThat actually seems worse than working for someone. At least it's their idea that gets screwed up when you work for someone. Watching someone screw up your idea, now that really sucks. BTDT. Oh..and Thanks. Lot more to come soon.
- rms 17y agoHey, I'm pretty sure I know what company you are talking about and I have never heard good things about them. For a long time they did not have a single success, now they do have one company that's done pretty well, but it's still a rather miserable rate. I would only consider dealing with them as a convertible debt round, which they do sometimes offer. Send me an email, there are HN meetups in Pittsburgh very occasionally, usually at the Church Brew Works, and I can let you know about upcoming meets.
- dbul 17y agoWhat do you do at these meetups?
- rms 17y agoTalk to each other. Food and beer are optional.
- dbul 17y agoI'd prefer to code and maybe chat during breaks. That being said, I usually hang out at one of the many coffee shops in the city. Often Jitters in the afternoon and take your pick in the evening or night (though usually Shadyside or Squirrel Hill, occassionally the South Side).
- trotzke 17y agoThe answer to your question actually happens to be pretty awesome. Not on purpose, but timing just works out that the answer is: Hold on for one more day.
- lallysingh 17y agoIn case it's not already playing in your head: Wilson Phillips: Hold On http://www.youtube.com/watch?v=vDwcDYth6gg http://www.youtube.com/watch?v=vDwcDYth6gg (tee hee)
- nostrademons 17y agoBetter video: http://www.youtube.com/watch?v=L2L9IKVe9LA&feature=related http://www.youtube.com/watch?v=L2L9IKVe9LA&feature=relat... And you ever notice how hard the camera tries to avoid taking neck-down shots of Carnie Wilson? Marketing counts, apparently, and being slim counts a lot for marketing. This despite her being IMHO the best singer in the group.
- trotzke 17y agoNow that I'm thinking about it, I should have just rick rolled to Hold on. Damn. It's always some mundane detail.