wellboy

53 ms·

631.
by wellboy 13y ago
And Google.
632.
by wellboy 13y ago
Looks like the second hero from the NSA scandal emerges.
633.
by wellboy 13y ago
Sure, not all startups that have traction will get funding. The point I wanted to make was that there are just so many startups that got funding because of traction, but that have such a low scalability. I always think to myself when I see
634.
by wellboy 13y ago
Thanks and good point and I think that's where new Angels or other investors without any track record or network can get the good deals. By finding founders whose startups are just about to take off, even better with the founders not k
635.
by wellboy 13y ago
It's insane, because if you invest in a startup with decent traction you don't have your 100x big hit anymore, because you invest in a valuation at say $4M. Instead, if you had spotted the startup's potential pre-traction, ma
636.
by wellboy 13y ago
Yes and it's funny that the 99% I mentioned are all followers, who look for pattern matches. YC also goes so strongly after patterns and they have also gone for lots of startups with very low scalability recently. What they don't
637.
by wellboy 13y ago
The only thing you need is traction. Anything else doesn't matter. It seems insane, but investors are blinded by traction. If you are a startup that has low scalability, but you have traction, you will get funding If you are insanely s
638.
by wellboy 13y ago
I've been thinking about this too, but which successful startups that underlie network effects worked only with several thousand users? There are market places and "solomo" apps as far as I can see, market places should work
639.
by wellboy 13y ago
The essence of PG says is that you have to bring down critical mass. For that reason, a founder has to make the product/app so that it's even useful only with several hundred users. If your product is not useful with only a severa
640.
by wellboy 13y ago
Yeah, especially if your user base is in the low thousands, if you toss in a $1,000 into marketing per week, you should get a few hundred users from that :)
641.
by wellboy 13y ago
It needs to be a super dynamic reddit/HN where the order of posts change every second!
642.
by wellboy 13y ago
Heh, it's like gympact :)
643.
by wellboy 13y ago
Almost same story for me. My parents are probably upper middle class and I do what I think returns the most dollars per dollar they have invested in my education.
644.
by wellboy 13y ago
And that's the reason, why it is so harmful to not go for higher education. If there were only more people thinking that way, you might have heard of it and pursued it. Instead you had to throw your whole life around again at 30, where
645.
by wellboy 13y ago
That is the most harmful advice you could ever give to someone. Who do a startup, if you can do a PhD, it's not that strenuous. Why do a PhD if you can just do a Masters, it's not that strenuous. Why go to university, if you can j
646.
by wellboy 13y ago
I'd rather try to make their idea more scalable. Prim is super unscalable, it takes ages until they have critical mass in another city and before they can scale there are already a dozen competitors --> Not a billion dollar company.
647.
by wellboy 13y ago
Oh, I meant that Snowden can't disclose any further information about the NSA, which was given as a condition by Russia if Snowden wants Russian asylum.
648.
by wellboy 13y ago
Does that mean he accepted the demands of Russia of not being able to disclose any further information anymore?
649.
by wellboy 13y ago
I think the Canadian VCs can take care of that, also since they are not lending the money, because it's an investment, not a loan. The founder doesn't have to return the money, if the money is gone and the company fails, the money
650.
by wellboy 13y ago
You know they could have not introduced a startup-visa, because they thought they have too little VC. Instead they said, damn we really want young entrepreneurs to succeed and start a change. We don't have much VC money, but let's
651.
by wellboy 13y ago
Wouldn't make sense for Canada to give you a visa with an American investor and probably your company registered in the U.S. though, would it?
652.
by wellboy 13y ago
Normally I would have expected Danielle Morrill here, but good job anyway ;)
653.
by wellboy 13y ago
The "best" email client now is one run by a non NSA-company using Ajax, so not Gmail, neither Yahoomail. Anyone knows good ones?
654.
by wellboy 13y ago
I like the way you censored a^^ with a happy face. I will use that from now on :)
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by wellboy 13y ago
Great post, awesome to see how much of a craft(wo)manship design actually is. :)
656.
by wellboy 13y ago
This is great. Even more important for apps, where only little real-estate is available and your app has to nail that one use case (because if you try to do two use cases, your users will move away to two apps who do either use case much be
657.
by wellboy 13y ago
I have a bad feeling, that's how wars are started...
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by wellboy 13y ago
It doesn't matter if "this" project will succeed. This development is unstoppable, because there will be hundreds of projects and mad scientists trying to create human consciousness in machines. As soon as there is a tangible
659.
by wellboy 13y ago
My take on this. As long as mankind has existed that things are the way they are, because of some magical thing and thousands of times, over and over again, it just wasn't magical, it could be explained through experiments and logical
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by wellboy 13y ago
Good title of the post. :) Sms sounds ancient though, there must have been people that tried this 10 years ago. Why did it not work for them? I would have thought this plugs into whatsapp though, but maybe the messaging market is too fragme

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