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Ask HN: What happened to Proposition HN? ("$8000 for your side project")

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31–40 of 47 posts

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#32

Bounced a few emails around. I was turned down. A few months later I went and put it together myself anyway. The beta test has been well recieved and I am looking for clients.

What is the project / can we see the beta?

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#33

Bounced a few emails around. I was turned down. A few months later I went and put it together myself anyway. The beta test has been well recieved and I am looking for clients.

What is the project / can we see the beta?

Sure. http://parametrek.com

I should probably re-shoot the demo video. It is seriously dated.

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#34

Bounced a few emails around. I was turned down. A few months later I went and put it together myself anyway. The beta test has been well recieved and I am looking for clients.

If you're looking for clients, you could mention the venture or include a link in your profile. Never know who on here might be a potential client or could pass the link on to someone else who would be more interested.

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#35
post #17
post #3

I wonder if it was just an idea grab - hopefully not.

Why would anyone bother with an "idea grab"? Based on the number of "seeking technical cofounder" emails I get every week, ideas are not the problem. Successful companies are built on execution.

I definitely have a lack of viable ideas. Would like to know where all these ideas your talking about come from :-)

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#36
post #23

Hey guys Sorry for the radio silence. I was intending on keeping the blog updated with anecdotes from the experiment, but ended up not doing so. I've received a few emails from people mentioning that I'm throwing away the opportunity of turning the initial spike of interest into a long-standing readership/audience but the truth is that was never what I was after; I was genuinely keen on finding some cool new projects…

Interesting. I wonder how this compares with Google's Summer of Code program completion statistics (at least back when it started).

If you wind up with several companies that are judged as likely to be successful, what will you do? You can't reasonably split multiple companies 50/50 with others, because you won't be able to give adequate time. Getting a business off the ground is just the very first step. You're practically dooming businesses to failure if you can't fully commit to them because you are splitting time between multiple companies.

On the other hand, it wouldn't be fair to bet on one of the companies and then reject working on others, even if they might be viable businesses.

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#37
post #23

Hey guys Sorry for the radio silence. I was intending on keeping the blog updated with anecdotes from the experiment, but ended up not doing so. I've received a few emails from people mentioning that I'm throwing away the opportunity of turning the initial spike of interest into a long-standing readership/audience but the truth is that was never what I was after; I was genuinely keen on finding some cool new projects…

> Guess will need to try a second round at some point!

Please do. I loved the idea when I first read about it. And as you said, 5 is a small sample size to draw any conclusions from.

Maybe your experience from the first batch will help you choose better motivated developers to work with next time.

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#38
post #17

Earlier quoted context omitted.

Why would anyone bother with an "idea grab"? Based on the number of "seeking technical cofounder" emails I get every week, ideas are not the problem. Successful companies are built on execution.

I definitely have a lack of viable ideas. Would like to know where all these ideas your talking about come from :-)

That's likely the key difference: Ideas and ideas that are viable - or knowing how or what makes them viable. Usually when you're pitching ideas for money you explain WHY they are viable, telling your strategy / tactics ...

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#39
post #23

Hey guys Sorry for the radio silence. I was intending on keeping the blog updated with anecdotes from the experiment, but ended up not doing so. I've received a few emails from people mentioning that I'm throwing away the opportunity of turning the initial spike of interest into a long-standing readership/audience but the truth is that was never what I was after; I was genuinely keen on finding some cool new projects…

It's still a fascinating experiment at any rate. I hope that you'll do a second round, I'd probably apply. Good luck and keep us informed if and when you can!

Re: Ask HN: What happened to Proposition HN? ("$8000 for your side project")

#40
post #3

I wonder if it was just an idea grab - hopefully not.

As this project has pointed out even getting an MVP isn't the problem with starting a successful business. $8000 isn't a lot of money if your talking about a profitable business.
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