3 ms·
You are welcome. That's great, I totally missed it on AngelList, my bad, glad you posted it. I have never heard of or seen a growth pattern like that, it is s
by davismwfl 12y ago
You are welcome.
That's great, I totally missed it on AngelList, my bad, glad you posted it.
I have never heard of or seen a growth pattern like that, it is strange. Maybe someone else can comment on it. Usually we see clients that have much more rocky patterns with the overall trend growing but it is up and down and of course has spike trends near events, press coverage etc. Our own growth has seen that same trend so that seems more normal to me, but hey, long as you are growing it is good.
On your website, it isn't horrid, but I just don't think it puts your best foot forward or gives you the first impression of a professional firm yet.
I am in the same position you are overall, solo founder with a wife, kids etc. That is part of what stopped me from taking some investment dollars earlier this year for my product business. We had been seeking out interested investors because we have some traction, but both groups that gave us offers (term sheets + details) were limiting me to such a small founder salary I couldn't support my family on it. Literally one of them was around a $50k salary, which I don't mean to scoff at, but just isn't realistic for this point in my life. We don't live the high life and have little debt/bills overall, but that is just too low for us. The catch is I couldn't be pissed at them because they are focused on making money, it just didn't work for us and they weren't willing to budge. So instead I changed the plan, pulled back some and am regrouping to pull more consulting income again. And I will just bootstrap more until either I make it, the product fails, I fail or I decide to try and raise again. The only part that really sucked to me was that sadly rejecting those offers meant I had to change my team up for that product because I just couldn't support them full time without enough revenue or investment.
Good luck, my email is in my profile if you want to chat offline any.
- api 12y agoSure. I'll drop you a line. The growth pattern is weird -- in kind of a good way -- and is definitely real as confirmed by admin panel signups, paid conversions, etc. mirroring and confirming it. Those are also pretty solid stable percentages of the overall count. Web visits follow a much more rocky pattern but if you smooth out the noise you get a rough echo of the 1.4% connected devices growth rate for recurring visits, which make sense and further confirms its reality. I've just never seen a growth rate so consistent and deterministic. You can hold the edge of a piece of paper under a log(Y) scale graph of "devices online" and the line is straight. Apparently in ten years I will have a device online for every atom in the solar system. /lulz Granted I've been focusing on bug fixes, software improvements, and working with select customers, so I haven't done much to update the web site or optimize for viral growth. This is very much a "hands off" organic rate. It'll be interesting to see how it responds if I do change things up a bit. The smoothness of it will make any kind of A/B testing a breeze... any change should jump right out and smack me in the face. :)