littlegiantcap

15 ms·

91.
Just. Fucking. Build it. (Or lessons learned.)(seedlauncher.com)
23 points by littlegiantcap 15y ago|13 comments
92.
by littlegiantcap 15y ago
I'm sorry but I disagree. Here's the thing, everything you're saying is true in the context of a big city. However, you come out to the country and none of what you're saying holds true. I've lived in Chicago and I've lived in Iowa for year
93.
by littlegiantcap 15y ago
We actually are doing that. We're in the process of looking at PG's list of ambitious startups/Y Combinators list of ideas for startups. Even if they don't get back to us over the next few days we're going to mull these over then execute.
94.
by littlegiantcap 15y ago
jeromy@seedlauncher.com I look forward to hearing from you. :)
95.
by littlegiantcap 15y ago
That would be me. :) The thing is I'm finding cold emails aren't generally well received, if they are even answered at all. We'd go to more networking events and the like but most are on the coast and plane tickets are expensive. We're buil
96.
by littlegiantcap 15y ago
I have. They're awesome guys. The thing is what I said was not at all a knock against Iowa. I love it here and the people are amazingly helpful and nice. It was more self depreciating humor to the fact that we're realitivley unknown college
97.
by littlegiantcap 15y ago
We aren't waiting for seed funding. We pivoted to seedlauncher back in December, and have been working on it since. We're prelaunch while we wait for the SEC to write the regulations surrounding crowdfunding so we can operate.
98.
by littlegiantcap 15y ago
To clarify, I don't mean this as a knock to Iowa. I love it here, I just wanted to emphasize that connections to Y Combinator alums are hard to come by out here.
99.
by littlegiantcap 15y ago
Our team has been talking, and we've decided that even if we don't hear back from anyone at Y Combinator we're doing a 72 hour hackathon sometime in the next week using something on one of those list. :)
100.
by littlegiantcap 15y ago
We are doing it. We've been working hard for months. We're just waiting for the SEC to write the regulations for crowdfunding following the passage of the JOBS act.
101.
by littlegiantcap 15y ago
Just in case anyone is curious about what we're working on I thought I'd give a quick description. Seedlauncher.com is a crowdfunding for equity site that focuses on investing in small businesses within your own community. If anyone has any
102.
by littlegiantcap 15y ago
So Seedlauncher.com is a crowdfunding for equity site focused on investing in small businesses within your local community. So, we're pre-launch because we're waiting for the SEC to write the regulations regarding crowdfunding. We'd open up
103.
by littlegiantcap 15y ago
I just wanted to say you've brought up some good points and given us some things to consider. That being said, I would think that someone who had the guts to throw themselves out there and say let us prove that we're worth your time is the
104.
by littlegiantcap 15y ago
http://b.qr.ae/Hktlyv This explains our dilemma. Frankly, we are a bunch of "nobodies" in the middle of Iowa. We don't know any Y Combinator Alums, and even if we were to reach out the best we could hope for is a lukewarm they seemed "nic
105.
by littlegiantcap 15y ago
Ouch. We never said, or even meant to imply we were somehow better than the awesome people at Y Combinator, or frankly better than anyone else. All we're trying to do here is show that we're worth a second look and maybe a conversation.
106.
by littlegiantcap 15y ago
Seedlauncher.com is a crowdfunding for equity site that is based around investing in small businesses within your own local community. With crowdfunding becoming legal we're creating a platform to enable both accredited and unaccredited inv
107.
by littlegiantcap 15y ago
1. You're absolutely right, it dosen't guarantee success. However, getting into Y Combinator would definitely help. 2. This is actually our pivot. We've been together as a team for a year. Also, the reason we haven't launched is because we'
108.
by littlegiantcap 15y ago
Oops I accidentally a word there. Fixed :)
109.
by littlegiantcap 15y ago
We'd be in for that too. We have tons of ideas waiting on deck so to speak.
110.
by littlegiantcap 15y ago
Thanks, we hope they'll at least give us something. Even if it is to send an iphone to Mars :)
111.
Dear Y Combinator, we bet you we can solve a problem of yours in 72 hours.(seedlauncher.com)
194 points by littlegiantcap 15y ago|155 comments
112.
by littlegiantcap 15y ago
Out of curiosity what did you say?
113.
by littlegiantcap 15y ago
That's unfortunately illegal. We aren't allowed to have any financial interest in any company on our site.
114.
by littlegiantcap 15y ago
You crowdsource the viability and the platform makes sure they're a real company and verifies their legal status. Who better decide whether or not a company has a viable idea than their potential customers or users? In fact, I can't think o
115.
by littlegiantcap 15y ago
Or you know, it could open up new funding options for startups and small businesses. The truth is that a well built crowdfunding site can prevent fraud pretty easily.
116.
by littlegiantcap 15y ago
To be fair people said the same thing about ebay. Any sort of quality crowdfunding site will be able to prevent fraud through a mix of identity verification and leveraging their users expertise to weigh in on a businesses viability. (At lea
117.
by littlegiantcap 15y ago
Yes and no. The thing is that Crowdfunding investors are not counted among your investor limits. The trick is structuring the terms in a way that you can restrict voting rights and enact forced buybacks, etc. on your crowdfunded investors t
118.
by littlegiantcap 15y ago
We're actually working on a crowdfunding site that's been waiting on this law to pass to begin operating. That cap is an annual cap for individuals. Companies are limited to 1 million dollars of crowdfunding per year. I know there was a pro
119.
by littlegiantcap 15y ago
I'm actually working on a crowdfunding for equity site that we're going to be launching here in the next couple of weeks. I had the opportunity to read the bill and it stipulates that those of us acting as crowdfunding intermediaries be eit
120.
Properly Conveying Your Value In a Crowdfunding Campaign. Part 2 of 3(seedlauncher.com)
1 points by littlegiantcap 15y ago|0 comments

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