Live data from Hacker News

Sequoia gives photo-sharing startup more money than they gave Google

techcrunch.com

51–60 of 185 posts

Re: Sequoia gives photo-sharing startup more money than they gave Google

#51
Hey Color dudes, if you're here - presumably those photos are being stored on a server, can I browse a timeline of photos taken in my area? Like if I'm in some place on a Saturday and want to see what it was like last Saturday, or what it's like on a Friday night?

Think of a bar conversation, or a restaurant or something "It's quiet now but check it out on a Friday night! It goes mental!".

Re: Sequoia gives photo-sharing startup more money than they gave Google

#52
post #27

Is anybody else actually able to use the app? I got past the "take a picture of yourself", but now I just see blank white screens everywhere.

Just tried it. Works. Don't know if the photos I'm seeing are from the neighbors in my office building, though.

Re: Sequoia gives photo-sharing startup more money than they gave Google

#55
Just played with it. I was intrigued by the sign-up process - it only asked for my first name and photo. Is it doing something magical to tie my'account' to my name and photo? Or is the user name a much 'looser' association and not something you have a strong hold over?

Re: Sequoia gives photo-sharing startup more money than they gave Google

#58
I just tried out the iPhone app and I'm pretty disappointed.

Color seems like one of those ideas that would be pretty rad if 1 million people already used it. Because no one has the app yet, if you fire it up it's totally blank. You take a picture of yourself, post it, then the rest of the UI is whitespace. There's nothing to look at or do. It's possibly the worst first-run user experience I've ever seen.

I wonder if the Color engineers were always using the app together and always seeing each other's photos. If that's the case the UI was always full of stuff to look at, and they probably demoed it to journalists like this as well. Did they ever actually see the app as an empty slate like everyone will see it the first time they use it? My guess is: no.

Re: Sequoia gives photo-sharing startup more money than they gave Google

#59
post #27

Is anybody else actually able to use the app? I got past the "take a picture of yourself", but now I just see blank white screens everywhere.

Same happened here. It's totally blank until more people around you actually have & use the app. Which no one will do because... it's blank unless other people use it. Classic chicken or the egg problem. I guess $41 million doesn't buy you an answer.

Re: Sequoia gives photo-sharing startup more money than they gave Google

#60
post #16

A couple of things stick out from this numbers wise: * 7 founders (~14% split evenly, unlikely though) * 41M raised * Staff of 27 (obviously get some equity) Some valuation math: (Dilution) Pre-Money Post-Money (Founder dilution from ~14.28%) 15% 232.3M 273.3M 12.1% 20% 164M 205M 11.4% 25% 123M 164M 10.7% 30% 95.6M 136.6M 9.99% 40% 61.5M 102.5M 8.57% 50% 41M 82M 7.14% I realize the percentages are essentially a wild…

sometimes its just not about the money.
Post reply on HN