Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

My $0->$100M->$0 in 5 years story

old.reddit.com

Post reply on HN
Print view View original

221–224 of 224 posts

Re: My $0->$100M->$0 in 5 years story

#221

Post by AmIDev »

Kinrany wrote: post #192
xwdv wrote: post #83

Earlier quoted context omitted.

A nice small SaaS will also almost always die quick. IMO, it is foolish to hinge the decision of taking VC money or not based on potential lifespan alone. VC money could kill your startup quickly, but you could potentially make a lot of stable money in that short period of time, and end up better off than collecting smaller profit from your small SaaS that lives for a longer period of time. And yea most of the time y…

Money is never destroyed unless you literally destroy it physically.

Even that should be equivalent to distributing throughout the economy. If you burn 100 units of money, you are decreasing it's supply, increasing it's value by a tiny bit.

Re: My $0->$100M->$0 in 5 years story

#222

Post by Apofis »

mustafa_pasi wrote: post #26

All I'm thinking is, you Americans are really fucking lucky. Yeah OK, VCs are greedy and difficult to work with, but at least they give you a chance and literally give you startup capital in the millions to build your own thing. That is mind blowing to me and definitely what sets America apart from everywhere else.

The guy is complaining about making millions being his own boss and working on his own idea funded by someone else's money and is blaming the people who gave him the money to do so. Much less, now that he lost it all, he is not in debt for the rest of his life or in prison. True first world problems.

Re: My $0->$100M->$0 in 5 years story

#223

Post by fuzztester »

acters wrote: post #219
thih9 wrote: post #91

Earlier quoted context omitted.

There are more modern versions too, with additional panels, like: https://pmac-agpc.ca/sites/default/files/Tree.jpg I especially like “how the customer was billed”.

I like number 7, the documentation one, which really goes to show how little the real item is understood while everyone else is creating/imagining their own version. Dissociation within the whole team.

Nice one, I mean, nice seven. ;-)

Also, after reading your comment, I went back and looked at all the panels.

I now see a Zen-like quality of nothingness in 5, 7 and 10.

Re: My $0->$100M->$0 in 5 years story

#224

Post by ionwake »

ethbr0 wrote: post #126
ionwake wrote: post #121

Earlier quoted context omitted.

I find people who judge others on how they answer a tech question to be sus highly judgemental and often wrong about their hunches But I could be wrong

That's why I try to ask open-ended questions. Get to a solution. Might not be my solution, but at least get me there. How do you run candidate interviews?

I dont interview, I just hire based on their portfolio, and increment their work load as results come in.
Post reply on HN