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Ask HN: Choosing Between Opportunities

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Ask HN: Choosing Between Opportunities

#1

Post by precedentmorsel »

Just a quick ask of advice. Over winter break I've gotten two projects that've gone swimmingly well:

- fun-ish ed tech startup w/ traction. (50k LOI, likely to have 200k end of next month)

- Project I am super, super confident about & excited to work on. Decent customer feedback so far

my goal is to break into silicon valley so I can work on my own projects for a living with the smartest people. I have two years of college left. Winter break is ending and I have to pick between these two.

Help. How do I decide?

Re: Ask HN: Choosing Between Opportunities

#3

Post by bhag2066 »

"The regret minimization framework is a decision-making technique that was popularized by Jeff Bezos, the founder of Amazon. The idea is to imagine yourself in the future, looking back at your current decision, and ask yourself which option would cause you the least regret."

I think Bezos imagines himself as an 80-year-old when looking back.

Re: Ask HN: Choosing Between Opportunities

#4

Post by codingdave »

precedentmorsel wrote: post #2

For context, I own ~15% of the ed tech thing as a co-founder joining in.

That is good context - that sounds like an implicit commitment to be working on that project. If a co-founder of mine bailed because they found something that sounds more fun, that doesn't seem like a good working relationship and would discourage me from ever working with them again.

Re: Ask HN: Choosing Between Opportunities

#5

Post by james-revisoai »

What's the Ed Tech startup?

50k-200k LOI* in January would be unusual for an EdTech startup given the timing of semesters and university/locality/school contract signing periods.. is there more to the story, a distribution channel, or hyper-local focus?

I'm the technical founder of Revision.ai, feel free to email for a chat or advice. An AI Ed Tech startup made widely available in 2019 with traction. I had a similar choice at one point.

*(Letters of Intent? For seats? or is this MAU?)

Re: Ask HN: Choosing Between Opportunities

#6

Post by precedentmorsel »

james-revisoai wrote: post #5

What's the Ed Tech startup? 50k-200k LOI* in January would be unusual for an EdTech startup given the timing of semesters and university/locality/school contract signing periods.. is there more to the story, a distribution channel, or hyper-local focus? I'm the technical founder of Revision.ai, feel free to email for a chat or advice. An AI Ed Tech startup made widely available in 2019 with traction. I had a similar…

Thanks for the offer; how can I email you? I sent a LinkedIn. Hyperlocality + COVID-related policy windows are accelerating our timing

Re: Ask HN: Choosing Between Opportunities

#7

Post by precedentmorsel »

codingdave wrote: post #4
precedentmorsel wrote: post #2

For context, I own ~15% of the ed tech thing as a co-founder joining in.

That is good context - that sounds like an implicit commitment to be working on that project. If a co-founder of mine bailed because they found something that sounds more fun, that doesn't seem like a good working relationship and would discourage me from ever working with them again.

which is why I'm asking before I sign papers

Re: Ask HN: Choosing Between Opportunities

#8

Post by codingdave »

precedentmorsel wrote: post #7
codingdave wrote: post #4

Earlier quoted context omitted.

That is good context - that sounds like an implicit commitment to be working on that project. If a co-founder of mine bailed because they found something that sounds more fun, that doesn't seem like a good working relationship and would discourage me from ever working with them again.

which is why I'm asking before I sign papers

Ah, I may have misunderstood - you are saying you would get a 15% co-founder stake, not that you already have 15%? In that case, no worries, you are good on either project.

Re: Ask HN: Choosing Between Opportunities

#9

Post by precedentmorsel »

codingdave wrote: post #8
precedentmorsel wrote: post #7

Earlier quoted context omitted.

which is why I'm asking before I sign papers

Ah, I may have misunderstood - you are saying you would get a 15% co-founder stake, not that you already have 15%? In that case, no worries, you are good on either project.

thanks
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