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I failed in 2005 (wasn't an incubator, more like an angel thing). We started in 2001 and had some moderate success, but in the end the business wasn't scalable,
by Udo 13y ago
I failed in 2005 (wasn't an incubator, more like an angel thing). We started in 2001 and had some moderate success, but in the end the business wasn't scalable, and the concept was horribly flawed at a point in time where most of our customers had financial difficulties. The business/myself was acqui-hired, luckily, otherwise I'd just have gone under with all the personal debt I had (unwisely) accrued.
Now I'm kicking around some ideas.
Actually, after nReduce failed I thought I might try a second take on the idea of a community-based incubator.
Check it out: http://launchway.net/posts/blog http://launchway.net/posts/blog
- nl 13y agoWhat happened to nReduce? It seemed to be a good idea, and had some traction for a while.
- Udo 13y agoThat's what I thought, but then they shut down suddenly. To be fair hadn't checked in on them for a while, apparently things haven't been great for some time. But I still think this is a concept worth pursuing, so I'm trying to see if I can iterate on the work they did in that space. We'll see! Anyway, I'd appreciate any feedback from HNers on the project, it's very new (went live as a rudimentary version last night).