In search of organic software
pketh.org
In search of organic software
1–10 of 46 posts
Re: In search of organic software
#2"I’m open to the idea of selling ~5-10% equity in Kinopio for to live a smoother life right now."
And what would we get in exchange for that equity? Would you have a plan to give dividends to equity holders?
Re: In search of organic software
#3"I’m open to the idea of selling ~5-10% equity in Kinopio for to live a smoother life right now." And what would we get in exchange for that equity? Would you have a plan to give dividends to equity holders?
yup that'd be one good option, I'm sure there are others as well.
I think fundamentally rethinking the default assumption of investment models from taking many risky bets on 20x-100x return, to taking less risky/more-informed bets on 2-4x returns may also be something to look at
Re: In search of organic software
#4I've chosen to develop my software as removed from the financial world as possible. I volunteer my time to work on it, and it receives only non-financial support for the most part. The only exception I've made is paying for web hosting, which is only a few hundred a year.
Re: In search of organic software
#5One trait I’ve seen in “non-organic” software is the use of the Enterprise SaaS playbook.
Start bottoms up, give away free or low/no margin services, gain adoption, capture the market, then with the pressure to grow, they start moving upmarket, go after 100K+ deals and raise prices, and eventually price out / fire vast chunks of their early adopters.
Been personally bit by this a few times, so these days I tend to very cautious about adopting non-organic software, at least not without a backup plan.
I’m a founder myself and this is one big concern I have about raising VC funds. Wrote about this here recently: https://typesense.org/blog/why-we-are-not-raising-funds/
I’ve also started to use the term customer-funded (similar to VC-funded), instead of “bootstrapped”, since the latter seems to give off an impression of early stage whereas the former is a conscious choice and state of being.
Re: In search of organic software
#6Software that "grows organically" is usually used derisively, as opposed to software that was actually designed.
Re: In search of organic software
#7Software that "grows organically" is usually used derisively, as opposed to software that was actually designed.
The ‘organic’ term here is referring to funding, not design. That said ‘paving the cow paths’ can be a very effective way to build/design what people want.
Another post of mine addresses this directly: https://pketh.org/how-i-build.html
Re: In search of organic software
#8One trait I’ve seen in “non-organic” software is the use of the Enterprise SaaS playbook. Start bottoms up, give away free or low/no margin services, gain adoption, capture the market, then with the pressure to grow, they start moving upmarket, go after 100K+ deals and raise prices, and eventually price out / fire vast chunks of their early adopters. Been personally bit by this a few times, so these days I tend to ve…
> these days I tend to very cautious about adopting non-organic software
I’ve noticed the same thing happening to myself and hope to avoid a future where consumers only feel like they can trust/adopt software developed by FAANG type companies)
Really great blog post and ‘Customer-funded’ is a really good term. I agree, much better than bootstrapped
UPDATE: read even more of your posts/product page… if/when I add full data search to kinopio, I’ll be looking at typesense first :)
Re: In search of organic software
#9I've chosen to develop my software as removed from the financial world as possible. I volunteer my time to work on it, and it receives only non-financial support for the most part. The only exception I've made is paying for web hosting, which is only a few hundred a year.
I did this a couple times before building and focusing on kinopio.club full time. In my own personal experience, volunteering only worked with side-projects. If you can do more through volunteering effort that’s very impressive.
Re: In search of organic software
#10One trait I’ve seen in “non-organic” software is the use of the Enterprise SaaS playbook. Start bottoms up, give away free or low/no margin services, gain adoption, capture the market, then with the pressure to grow, they start moving upmarket, go after 100K+ deals and raise prices, and eventually price out / fire vast chunks of their early adopters. Been personally bit by this a few times, so these days I tend to ve…
> these days I tend to very cautious about adopting non-organic software I’ve noticed the same thing happening to myself and hope to avoid a future where consumers only feel like they can trust/adopt software developed by FAANG type companies) Really great blog post and ‘Customer-funded’ is a really good term. I agree, much better than bootstrapped UPDATE: read even more of your posts/product page… if/when I add full…
> UPDATE:…
Let me know when you do!