Ask HN: How do I find an angel investor for my startup? • Hacker News Board

Re: Ask HN: How do I find an angel investor for my startup?

#11

Post by veyron » Thu, May 19, 2011, 4:47 PM UTC

sktrdie wrote: post #10

veyron wrote: post #9

Earlier quoted context omitted.

customers with large numbers of machines dont necessarily care about having latest software. They care about stability. They don't just upgrade willy-nilly. Upgrading 7-zip [first entry on your screenshot] isn't compulsory. If you do upgrade, you take a risk that there will be no adverse effect.

Actually I tend to differ with that statement. Latest software is always more secure and less buggy. I would personally prefer having my workstations with all the latest software.

"Latest software is always more secure and less buggy" <-- ooh that's a dangerous statement. When new features are added, sometimes bugs creep up.

Re: Ask HN: How do I find an angel investor for my startup?

#12

Post by actionbrandon » Thu, May 19, 2011, 7:51 PM UTC

veyron wrote: post #11

sktrdie wrote: post #10

Earlier quoted context omitted.

Actually I tend to differ with that statement. Latest software is always more secure and less buggy. I would personally prefer having my workstations with all the latest software.

"Latest software is always more secure and less buggy" <-- ooh that's a dangerous statement. When new features are added, sometimes bugs creep up.

I agree with Veyron. It's also a stumbling block in the sales process (my day job). Often the decision makers aren't really technical and are very afraid of bugs and crashes and changing anything. It's not impossible to get around the objection, but you should expect it.

Re: Ask HN: How do I find an angel investor for my startup?

#13

Post by polyfractal » Thu, May 19, 2011, 8:50 PM UTC

sktrdie wrote: post #10

veyron wrote: post #9

Earlier quoted context omitted.

customers with large numbers of machines dont necessarily care about having latest software. They care about stability. They don't just upgrade willy-nilly. Upgrading 7-zip [first entry on your screenshot] isn't compulsory. If you do upgrade, you take a risk that there will be no adverse effect.

Actually I tend to differ with that statement. Latest software is always more secure and less buggy. I would personally prefer having my workstations with all the latest software.

Veyron is right. While newer software may be less buggy, it isn't always. New features may break old features, or break other pieces of software.

Older software is usually vetted and proven functional in the particular corporate environment where it's deployed, doesn't conflict with other software, etc. My friends in corporate world have told me how it takes X many months for upgrades to be rolled out because they must be tested in sandboxes first to make sure nothing explodes unexpectedly.

This apparently applies to all software, from OS updates down to individual program updates.

Re: Ask HN: How do I find an angel investor for my startup?

#14

Post by phlux » Thu, May 19, 2011, 9:29 PM UTC

sktrdie wrote: post #10

veyron wrote: post #9

Earlier quoted context omitted.

customers with large numbers of machines dont necessarily care about having latest software. They care about stability. They don't just upgrade willy-nilly. Upgrading 7-zip [first entry on your screenshot] isn't compulsory. If you do upgrade, you take a risk that there will be no adverse effect.

Actually I tend to differ with that statement. Latest software is always more secure and less buggy. I would personally prefer having my workstations with all the latest software.

No offense, but how old are you and are you not a native US citizen?

I am curious because your comments, and the way they are worded make it sound like you are not from the US and you are young.

Re: Ask HN: How do I find an angel investor for my startup?

#15

Post by sktrdie » Fri, May 20, 2011, 7:09 AM UTC

polyfractal wrote: post #13

sktrdie wrote: post #10

Earlier quoted context omitted.

Actually I tend to differ with that statement. Latest software is always more secure and less buggy. I would personally prefer having my workstations with all the latest software.

Veyron is right. While newer software may be less buggy, it isn't always. New features may break old features, or break other pieces of software. Older software is usually vetted and proven functional in the particular corporate environment where it's deployed, doesn't conflict with other software, etc. My friends in corporate world have told me how it takes X many months for upgrades to be rolled out because they mu…

Ok well, but you're not going to keep the version around forever... you will update at some point in time, and uDeployer can serve you when you need to.

Re: Ask HN: How do I find an angel investor for my startup?

#16

Post by dmlevi » Fri, May 20, 2011, 3:41 PM UTC

sktrdie wrote: post #8

dmlevi wrote: post #6

Everyone can have great ideas but its all about execution and the team. Through my experience when speaking with Angel investors and other people with money, they want to see some traction. They want users and to prove that it works and that people will use your baby. You will need to build a revenue model on projections based off your current traction. Hope this helps.

Ok. I hoped it would be as easy as showing the investor a "good" product :)

It totally depends on the investor. Some investors might see your passion and have tons of money and throw you a bone. Others want the facts and proof. My advice is to cover yourself so you don't seem naive or incompetent.