Sorry to hear the news. Also, I had no idea Paul Stamatiou left to join Picplum. How often do YC alums jump from a still running startup to another? Is it common?
Fouling Out and Moving On (re: Notifo Shutdown)
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Re: Fouling Out and Moving On (re: Notifo Shutdown)
#22Sorry to hear the news. Also, I had no idea Paul Stamatiou left to join Picplum. How often do YC alums jump from a still running startup to another? Is it common?
We were going to make that news public, but then we were advised against it. So we didn't. I still have the post in my drafts folder. I will post it someday as it does contain some important lessons.
Re: Fouling Out and Moving On (re: Notifo Shutdown)
#23Re: Fouling Out and Moving On (re: Notifo Shutdown)
#24I look forward to your post-mortem article. I wish more startups who do not "make it" come out and write about their experience so that we don't hear only about the successful ones. I certainly admire people who are successful, but I truly respect those who fail and are not afraid to admit it and learn from what went wrong.
Re: Fouling Out and Moving On (re: Notifo Shutdown)
#25I always liked the concept behind notifo.. but also was wondering how it'd make money. But then, you can think of hundreds of startups and think the same way "How would they make money!?" and still, they're there for years and years. (Twitter someone?)
Re: Fouling Out and Moving On (re: Notifo Shutdown)
#26Chad, did you try to position company for a talent acquisition? Can you lend insight into why this was not a good exit option for Notifo?
Yes, I did. I'm debating whether or not to write much detail about this in a separate post... but the gist is that the big companies were not interested in acquiring a one-person team, literally destroying any chance of a talent acquisition. Another strike against single-founders.
Re: Fouling Out and Moving On (re: Notifo Shutdown)
#27This is so hard to say that as a founder. You've went through all the YC programs, see lots of friends/startups succeed, you keep hearing things like "Never give up".. but there's come a point where "You see things from a new perspective" and at this moment you need to decide either to continue, stop or pivot. I always liked the concept behind notifo.. but also was wondering how it'd make money. But then, you can thi…
Re: Fouling Out and Moving On (re: Notifo Shutdown)
#28This is so hard to say that as a founder. You've went through all the YC programs, see lots of friends/startups succeed, you keep hearing things like "Never give up".. but there's come a point where "You see things from a new perspective" and at this moment you need to decide either to continue, stop or pivot. I always liked the concept behind notifo.. but also was wondering how it'd make money. But then, you can thi…
So true - for that matter, Dropbox, anyone?
Re: Fouling Out and Moving On (re: Notifo Shutdown)
#29Re: Fouling Out and Moving On (re: Notifo Shutdown)
#30This is so hard to say that as a founder. You've went through all the YC programs, see lots of friends/startups succeed, you keep hearing things like "Never give up".. but there's come a point where "You see things from a new perspective" and at this moment you need to decide either to continue, stop or pivot. I always liked the concept behind notifo.. but also was wondering how it'd make money. But then, you can thi…
So true - for that matter, Dropbox, anyone?