4 ms·
I wish more university students had this kind of attitude. Instead of "Let's take out the maximum amount of loans so I can get a new iPhone!" Well done.
by teach 12y ago
I wish more university students had this kind of attitude. Instead of "Let's take out the maximum amount of loans so I can get a new iPhone!"
Well done.
- tarof 12y agoThank you!
- S4M 12y agoTaro, two questions: 1. What was your thought process when pivoting from a dating site to AnyPerk? They seem to me like two unrelated things. 2. You say that your burnout was very low, but living three guys in a motel room, surely it has to be hard from a mental perspective, how did you guys cope with that?
- tarof 12y agoThanks for the questions. 1. We pivoted a several times during YC days. Initially we were trying to pivot into similar ideas. (standard "pivots") but after discussing really hard internally, we decided to think what we really are excited about regardless of what we had been working on, and we felt AnyPerk is the idea that we wanted to work for the next 10~ years. 2. I have to admit that it was not easy, but when you are working on your best idea with best people you know is so exciting that you can feel so positive about everything.
- GaryVaynerchuk 12y agohe's a great kid, i am a very proud investor
- jimmaswell 12y agoDo people really use loans for iPhones?
- vineetch 12y agoI've known people who've subsidized their phones and unnecessary possessions with college loans, yes.
- amalcon 12y agoYes, in two ways: - By buying on a subsidized contract, you've effectively used a loan for an iPhone. It's not different just because the phone company issued the loan. - By using a loan for something else (e.g. tuition, automotive, housing), and then buying an iPhone instead of paying down the loan
- jn1234 12y agoI wouldn't consider buying an iPhone on a subsidized contract a loan because you are just commiting to have service for a set period of time. You would be paying the same amount for service regardless if you were under contract or not.
- ceejayoz 12y ago> You would be paying the same amount for service regardless if you were under contract or not. No, it's lower if you bring your own device with most carriers. http://www.att.com/shop/wireless/byop.html http://www.att.com/shop/wireless/byop.html