Lots of really good comments here (except mine ;-)). I'm glad I read this. Is there a "Best of Hacker News" out there?
http://news.ycombinator.com/lists
Moving from PHP to C saved my web startup.
81–85 of 85 posts
Re: Moving from PHP to C saved my web startup.
#82Earlier quoted context omitted.
The thing is, Wavee is not an auction site. An auction site is one in which bids are free, and the winner pays what their bid says they pay. What Wavee had, and what you have built are, effectively, a method of taking money from people for the opportunity to pay money for something. Don't get me wrong, it's an amazing racket; Wavee makes 75 cents for every bid coming in to increment the value by 1 cent. Saw a $150 iP…
So now you have just jumped straight into calling me a crook. I'm sorry that Wavee or whatever site you went to took your money. I honestly didn't know (and still don't) if you can make any money doing an honest penny auction site. We are just breaking even with this one so far. The fact is that every time an auction goes up we have more risk than anyone else involved. If I put up a $500 iPad it could go for extremel…
Your business model requires minimizing the number of those people and maximizing the number of suckers. There's a reason they're seen as scams and exploitative.
Re: Moving from PHP to C saved my web startup.
#83The world is built from bailing wire and duct-tape. There are probably a million better, smarter, less technology illiterate ways to solve this problem, but that really doesn't matter. What matters is getting out there and doing it. Being able to do this sort of app 'correctly' would be an edge, but only to the person who can do it 'correctly', and is out there doing it.
I wish you the best of luck with your duct-tape!
Re: Moving from PHP to C saved my web startup.
#84Earlier quoted context omitted.
The thing is, Wavee is not an auction site. An auction site is one in which bids are free, and the winner pays what their bid says they pay. What Wavee had, and what you have built are, effectively, a method of taking money from people for the opportunity to pay money for something. Don't get me wrong, it's an amazing racket; Wavee makes 75 cents for every bid coming in to increment the value by 1 cent. Saw a $150 iP…
So now you have just jumped straight into calling me a crook. I'm sorry that Wavee or whatever site you went to took your money. I honestly didn't know (and still don't) if you can make any money doing an honest penny auction site. We are just breaking even with this one so far. The fact is that every time an auction goes up we have more risk than anyone else involved. If I put up a $500 iPad it could go for extremel…
Let's give you the benefit of the doubt for a moment that you are actually honest. We'll say that you aren't running bots, fake identities, etc. That's fine. My basis in calling you (and those that run businesses like yours) a crook is not founded on that (though I have no doubt that other companies are doing as much, if only to boost the value and bidding on an item, but I digress).
Try to remember that the fundamental operating principle of your business being profitable is your selling the vast majority of your customers absolutely nothing. They aren't getting a good or service for any bid that doesn't win (which still costs them money). They get nothing.
The money to purchase those items must come from somewhere. If you are breaking even (as you say you are), it's not coming from the people who are "winning", it's coming from the people who are losing. If/when you are making a profit, it's not because the "winners" are necessarily paying that much more for an item (they won't have bid enough plus paying for the total value to pay for the item itself), it's because you've got more losers who are putting money into something without getting anything in return.
Your business is breaking even, and may eventually be profitable because of all of those who come in buying $24 worth of bids, failing, and leaving. Any business that requires it's customers be ignorant in order to make money is fundamentally a scam.
Also, your conflating countries making homosexuality illegal with countries making illegal a business that bases it's operations on exploiting the ignorant, is a fundamentally flawed argument. One is based on basic human rights to be who they are and behave in ways that causes no harm to others. The other is one that profits from people who don't know any better. One is a human rights travesty, the other is the outlawing of an enterprise with margins that organized crime wishes they could have (in the case of a "successful" site like Wavee and others). Trying to claim their equivalence, or that based on "my reasoning" they are equivalent, is dishonest, and really, troll-like behavior. That may fly in some forums, but it doesn't fly here. Try again.