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Can you explain the difference? Because I'm not seeing it.
by ironkeith 17y ago
Can you explain the difference? Because I'm not seeing it.
- apsurd 17y agoI'll take a shot. In his post there is not one word about revenue, cashflow, plan for monetization , etc. It's the typical "Let's get more users" gauge of success. Businesses make money. Just look at exactly what he is saying. He is talking about his lack of user traction as a reason for why his startup fail. i.e. "my startup failed because i don't have enough users". Businesses fail for one reason and one reason only. They spend more money than they make. How is this a business?
- ironkeith 17y agoWhile I can understand your values (and agree with them) your definition would make YouTube, Twitter, Facebook, and dozens more "not start-ups". Or businesses.
- jlangenauer 17y agoThat might be closer to the truth than you think - Facebook being the exception, as it's actually pulling in decent revenues at the moment. Imagine if every business was operated on the same principles as these magic-beans business model start-ups.....
- apsurd 17y agoAnd even in facebook's case: Revenue is one thing, profit is another...
- laut 17y agoThe word "startup" wasn't used by the author of the post.
- benhoyt 17y agoIn the blog post he didn't, though it looks like the HN user (intregus) who submitted the link is the author of the post.
- webwright 17y ago"Businesses fail for one reason and one reason only. They spend more money than they make." True, but that's not the definition of a business. Facebook and Twitter are certainly businesses. The "get users, figure out monetization" path is a real-business path (though I happen to think it's riskier).