Hmph. If nothing else, posts like this are terribly offensive to the entrepreneurs that dedicate their lives to products like Color. Did anyone consider that maybe Sequoia, who have invested in companies that make up over 10% of the NASDAQ know what they are doing? Companies like Color, AdKeeper and Flipboard have "crazy" valuations based on the founders having ridiculous resumes. They have all created billions of do…
41 million for growth for an app before it launches?
41,000,006 reasons why I think we're in a bubble
21–30 of 269 posts
Re: 41,000,006 reasons why I think we're in a bubble
#22Re: 41,000,006 reasons why I think we're in a bubble
#23Re: 41,000,006 reasons why I think we're in a bubble
#24Hmph. If nothing else, posts like this are terribly offensive to the entrepreneurs that dedicate their lives to products like Color. Did anyone consider that maybe Sequoia, who have invested in companies that make up over 10% of the NASDAQ know what they are doing? Companies like Color, AdKeeper and Flipboard have "crazy" valuations based on the founders having ridiculous resumes. They have all created billions of do…
- Is calling the investment "crazy" really offensive to the entrepreneurs? It is more a compliment to them than anything else. The investment may be crazy, but the entrepreneurs managed to get people to shell out $41M. That takes serious talent.
- Getting $41M for color is insulting to a lot of other entrepreneurs that have dedicated their lives to products like color and received nothing. Give half of that $41M in $250,000 chunks to 80 other startups and Color would still have $20M to play with.
If you know how these large investments work, $41M in Color may seem very sane, but to a large percentage of the population, it does appear crazy, particularly in light of the dot com bubble.
Perhaps you could point us to a good article showing why this is a sound investment?
Re: 41,000,006 reasons why I think we're in a bubble
#25One of the arguments I've heard that state that things are different this time around goes like this: it is far less capital intensive to do a startup now rather than in the late 90s because of open source software stacks and cloud computing providers. I agree with this statement but it means that the average software startup doesn't need a lot of cash to develop their product. Apart from ads and perhaps domain names…
Just because there might be a bubble doesn't mean that all startups will autofail. However, if I ran a startup with ads as my main source of revenue, I would be worried as advertising budgets are the first thing to be axed in a crisis. For entrepreneurs crashes are the best times to innovate and launch new ventures because while everyone else is angsting about cutbacks and surviving just another day, the entrepreneur…
I agree that a bubble doesn't mean all startups with autofail. I would like to learn from the past and understand what worked.
Re: 41,000,006 reasons why I think we're in a bubble
#26Re: 41,000,006 reasons why I think we're in a bubble
#27Hmph. If nothing else, posts like this are terribly offensive to the entrepreneurs that dedicate their lives to products like Color. Did anyone consider that maybe Sequoia, who have invested in companies that make up over 10% of the NASDAQ know what they are doing? Companies like Color, AdKeeper and Flipboard have "crazy" valuations based on the founders having ridiculous resumes. They have all created billions of do…
41 million for growth for an app before it launches?
Re: 41,000,006 reasons why I think we're in a bubble
#28What's the difference between proof of it being a bubble and these guys just making a ridiculous investment based on hype?
Re: 41,000,006 reasons why I think we're in a bubble
#29Re: 41,000,006 reasons why I think we're in a bubble
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