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14 ms
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91.
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by
il
14y ago
I'm not sure what you're trying to say here. Caltrain is a monopoly because there's not another competing train running alongside it that can take you to the same place.
92.
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by
il
14y ago
I think a big part of the value of Clipper to Caltrain is to increase revenues from people who forget to tag off. You're looking at this from an engineering perspective, but not from the business perspective. Breakage is a huge revenue driv
93.
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by
il
14y ago
If it were that easy to identify good ideas/teams then venture capital as an asset class wouldn't have consistently negative returns. To put it another way: If you think you can identify winning ideas/teams with even 50% accuracy, then drop
94.
▲
by
il
14y ago
The lesson here is that the worst time to raise money is when you need it. Your answer to "What will happen if this round doesn't close?" should be "we'll keep growing at 20% a month instead of 50% a month if we got funding" rather than "we
95.
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by
il
14y ago
Windows 7 on the rMBP defaults to 2880×1800 resolution.
96.
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by
il
14y ago
You can prove this empirically. TC publishes dozens of posts a day- are there dozens of billion dollar companies being created daily?
97.
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by
il
14y ago
Why do you care about TechCrunch coverage? It's a great blog, but it's just a blog. TC coverage won't make or break you. You'll probably get more traffic from this submission to HN than a TC post.
98.
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by
il
14y ago
It's mostly about demonstrating that you're making something people want and getting traction. So just focus on that.
99.
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by
il
14y ago
Check out adzerk.com
100.
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by
il
14y ago
For me it's more about perspective and locus of control. Everyone always says that success is a mix of effort and luck. I agree, and I think I've already gotten more than my fair share of luck. So I can't complain about bad luck, bad econom
101.
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by
il
14y ago
It's like being in love: you can't describe it, but you'll know it when you feel it.
102.
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by
il
14y ago
Aren't those all examples of things that you do have a great amount of control over? I personally feel like I've already won the lottery for all of the things I have no control over: living in a wealthy country, not having to worry about fo
103.
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by
il
14y ago
That wouldn't make a difference. When a company is failing, investors are always first in line to get their money back, and in this case there's a lot of investor money to be paid back before anyone else sees a dime.
104.
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OnLive assets acquired by newly formed company
(techcrunch.com)
119 points
by
il
14y ago
|
75 comments
105.
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by
il
14y ago
I can only speak for myself, but if a YC or 500 founder I don't know emails me, I'll make helping them in any way I can my top priority. I am not altruistic by nature, so this is done purely for self-serving reasons: 1. Everyone I've met th
106.
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by
il
14y ago
Everyone is hoping that they will be Facebook, not that they will be acquihired by Facebook. Acquihire is Plan B.
107.
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by
il
14y ago
I have doubts about the methodology so I think there's still uncertainty, but one study shows ~50% of users would be willing to pay something: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2050916 Another one had a small sample, but
108.
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by
il
14y ago
I think the jury's still out on this one. Most active Facebook users would say they're willing to pay a few bucks a month to keep using it, and there are many successful consumer products using a freemium model. If App.net's ARPU can hit ab
109.
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by
il
14y ago
They've done over $500K in sales in a few weeks, how much money does your "actual business" make?
110.
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by
il
14y ago
Yes, how dare this company focus on making as much money as possible. They should be focusing on getting a ton of VC funding and flipping the company to Facebook instead. Your argument is essentially "App.net is going to fail because it has
111.
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by
il
14y ago
There's absolutely nothing wrong with a profitable small business that can sustain its founders. I've done it, I think it's great. I'm just saying that lifestyle business!=startup. There's some confusion about the definition of a startup. N
112.
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by
il
14y ago
The widely accepted definition of a successful startup assumes rapid growth followed by a liquidity event. Lifestyle business aka "living dead"/zombie company is one of the negative outcomes for a startup- maybe the most negative.
113.
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by
il
14y ago
iTunes link: http://itunes.apple.com/gb/podcast/hnpod/id521083409#
114.
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HNPod #4 is out - Yahoo, Digg, Sparrow, Bubblewatch
(hnpod.com)
35 points
by
il
14y ago
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10 comments
115.
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by
il
14y ago
I suppose it depends if you're looking at the GAAP(negative) or non GAAP earnings(positive). I'm not sure which one tells the truth, but most press sources seem to cite a positive EPS of $0.01. In any case, this is not really a company that
116.
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by
il
14y ago
You checked wrong- they've been profitable for a while now.
117.
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by
il
14y ago
It's pretty incredible to think that YC is likely the highest performing venture fund in history. For 380 companies that works out to about $7.6 million invested into a portfolio of companies worth $7.78 billion. Assuming a 2-7% stake for Y
118.
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by
il
14y ago
I was thinking about angels in this case.
119.
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by
il
14y ago
I doubt a business going from 0 to $20M in <5 years while paying out millions in dividends along the way is common anywhere. You have to remember that for investors it's all about IRR. That kind of IRR on the 1 out of 10 investments tha
120.
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by
il
14y ago
You do realize that $60 million is an enormous, lifechanging amount of money, right? It would be interesting to compare success rates between people who build companies to sell and people who build companies to change the world.
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