johnrgrace

28 ms·

271.
by johnrgrace 14y ago
If you need the money yes, unless the note has some crazy terms. On the pro side, you've got dry powder and runway from the $50k to keep doing what you're doing. Also you've gotten a vote from at least one investor with real money that you
272.
by johnrgrace 14y ago
Trading can be great because there is no BS of politics and you can measure what you've contributed every single day. You're out playing games for money, sometimes you're grinding, sometimes going on a raid... To me the best side of financ
273.
by johnrgrace 14y ago
If you've got a product ready to roll that is targeted to "mass" consumers being on TV does ad value, I'd think having several million people see your idea might be fairly valauble to some, but not all, companies.
274.
by johnrgrace 14y ago
I wouldn't be suprised if they started making these sorts of loans to AUTHORS soon.
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by johnrgrace 14y ago
The lending market is just screwy right now, working capital is tough for a lot of smaller companies to get.
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by johnrgrace 14y ago
I can't think of a period when humans have NOT been a war with eachother. I'm sure when we get into space for real the wars will come with us.
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by johnrgrace 14y ago
Just about everywhere you can store money without much risk today has very low yields. In general, if getting an entra 0.5% yield on your cash is really meaningful, you should have millions of dollars laying around. I know of a regional cr
278.
by johnrgrace 14y ago
You'll have to know the industry you're jumping into very well so you can zero in on that one process that drives all the value, or find a small opening in the moat that is the barrier to entry by knowing the industry inside and out. Also
279.
Ask HN: StartGarden.com, 3% equity for $5,000, will it screw up Seed/A rounds?(startgarden.com)
2 points by johnrgrace 14y ago|0 comments
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by johnrgrace 14y ago
Rochester/Birmingham and other cities have some of the best schools in the state. The northern burbs are on par with any good suburban area in the country.
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by johnrgrace 14y ago
It goes away as you do, this all flows from when you liscensed the content instead of purchasing it. Of course the startup I'm working on is to address this very issue, which is a legal/contract hack.
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by johnrgrace 14y ago
Just yesterday I was at the grand opening of www.startgarden.com in Grand Rapids, they're giving out two $5,000 "experment" investments every single week one of which is ONLY determined by people voting on the net. I've made the call to fou
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by johnrgrace 14y ago
Now I think I'm going to have to troll some Angel investors I know, shoot for about 4/5
284.
by johnrgrace 14y ago
I don't have direct knowledge, but I believe the concern is having open source could result in having to disclose some code/ideas that are valauble because open source was used.
285.
by johnrgrace 14y ago
Some business plans will benifit a lot from being in a specific location; however if you currently live in a city with friends, family, and maybe a SO with a job starting right where you are until at least you hit MVP isn't a bad idea. I'm
286.
by johnrgrace 14y ago
Not responding at all is VERY bad, it is a very strong sign they aren't paying you soon per my experence. First, read your contract slowly from end to end. Second, you need to hunt them down and make sure they are alive; note this doesn't
287.
by johnrgrace 14y ago
I've been pondering exactly this for my current business plan, what's been clear to me is that this is more of a business/legal issue as opposed to technology. Oh to sunder the walled gardens.