wellboy

45 ms·

481.
by wellboy 13y ago
I think looking at the analogy to a marathon gives the best comparison. If you've run a marathon, you trained months for it and you have run the 26 miles (made your startup ramen-profitable) then then you can take time off. If you have
482.
by wellboy 13y ago
The one thing to be aware of here is that they didn't drop out of college, because they didn't succeed in it. They dropped out because it was too easy for them.
483.
by wellboy 13y ago
Oh damn, I wanted to reply to the dropout/billionaire comment. sry!
484.
by wellboy 13y ago
Well the advice here would be to reflect if they wanted to drop out of college, because it's not challenging or because it is too challenging.
485.
by wellboy 13y ago
EDIT: This was supposed to be a reply to the billionaire comment, see my comment there
486.
by wellboy 13y ago
No I only want black girls to code and then take over the world.
487.
by wellboy 13y ago
Because then you can also call it "Girls Code" and then you can also call it "People Code". You always have limited resources, so it's better to pick out a tight vertical to start out from, where your resources, exp
488.
by wellboy 13y ago
Give your users a link where they can print out their Instagram photo and partner up with Instacanvas. That's what I advise everybody having a business based on Instagram. Making money online with Instagram is just not worth, however,
489.
by wellboy 13y ago
You gotta shoot for the stars if you wanna land on the moon! :)
490.
by wellboy 13y ago
Hm, disagree. Innovation is an essential element of entrepreneurship, just as persistence, boldness, business-acumen, if not the most essential one. If you're not an innovator you also can't really be an "entrepreneur" s
491.
by wellboy 13y ago
It's funny that artist have to go through the exact same experience as entrepreneurs. No one believes in you, everybody tells you to get a job. But no, you believe in your ideas and just knowww that one of them will be a hit. So you pu
492.
by wellboy 13y ago
Would you say that you have tried coming up with ideas yourself really hard, have given it your all for months or years? Because that's what Jack did and what all other oh-so-famous entrepreneurs did to become successful. One doesn&#x2
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by wellboy 13y ago
Yeah, but Bitcoin is the seasoned second-time founder taking on the banks, Dogecoin is the young 21y old kid giving them the middle finger.
494.
by wellboy 13y ago
Dogecoin is the small man's answer to banks to shove it, think about it.
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by wellboy 13y ago
I don't like these all or nothing articles. Once Singularity is achieved, AI won't instantly take over the world. It is also restricted by computational processioning power and will take some time to evolve as well. Philosophicall
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by wellboy 13y ago
Yeah, 50 startups * $80,000 * 5 = $22M per batch return with "no" work involved. But this might be an annoyance considering him aiming for $300M return/year or so in his later-stage fund.
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by wellboy 13y ago
Curious as to why he left, since each of his $80,000 investment is a "guaranteed" 30x return, if we take his investment at a $800,000 valuation and the average valuation of a YC startup of $23.7M.
498.
by wellboy 13y ago
I agree, you can't make blanket generalizations. However, there is just a stark difference that are few consumer apps that the founder ISN'T passionate about and there are few B2B apps that the founder IS passionate about.
499.
by wellboy 13y ago
Because you can't be passionate about B2B apps. When we're reading about that to become an entrepreneur you can't be after the money, you have to do something you're passionate about, something you would die for. All thi
500.
by wellboy 13y ago
Because it's not scalable (yet). For their startup to increase revenue to 100x or make $7M in revenue, their efforts/time put in/costs would need to be 50x-100x higher. For it to be a startup, at this scale their efforts shou
501.
by wellboy 13y ago
That's a figure of speech dude!^^ What he said was that they are cruising...like super fast, but he wanted to make it a bit funkier.
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by wellboy 13y ago
This will be the third YC billion dollar company and 1 Bitcoin will be worth $50,000. Wait 1 year.
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by wellboy 13y ago
Well if Nanobots can do that, we´re talking on a whole different level, where flesh wounds could be healed, organs could be grown back etc., but then it might be possible
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by wellboy 13y ago
I've read up quite a lot on drug side-effects and as far as I know, creating a happiness drug with side-effects is not possibly really, because drugs make your body release happiness hormones artificially and your hormone deposits take
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by wellboy 13y ago
Erm, it is forbidden to buy Bitcoins with paypal btw...by paypal
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by wellboy 13y ago
"You seem like you have it all figured out - that you know "things" that your family doesn't, or that you think that your family's life experiences are old and stale and not relevant in today's modern world. It
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by wellboy 13y ago
Well, other people drop out of uni to pursue a startup. If your GPA falls, it's not really that bad.
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by wellboy 13y ago
The reason why people don't understand the value of coding is the fact that they think it's one of the many skills you can learn in life, just as nursing, knowing how to do heart-surgery, playing soccer and so forth. However, lear
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by wellboy 13y ago
That's the most important point. Don't drop everything just for a project. But if you have looked at your idea from all angles, and you are just so convinced that it will work, then give it your all and go all in. Have a look thou
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by wellboy 13y ago
It's always like that and it would be weird if it weren't. You're 100% going in the right direction. If you want to be an entrepreneur and change the world, you will receive a lot of adversity, also for no apparent reason. Bu

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