So now that I've paid for instapaper for iPhone and iPad, I don't have to give Marco any more money. That means the only way he stays in business as the product grows (being that I am not a revenue source anymore) is by either a) figuring out an additional revenue stream from the data or b) discontinuing the apps I paid for and charging me for new ones. The same goes for sparrow. These one-time purchase apps don't ha…
Talent Acquisitions
111–120 of 146 posts
Re: Talent Acquisitions
#112I also don't understand the impetus behind blaming Google or Facebook and treating it as if they are antagonizing you as a user. They made an offer and the developers accepted it knowing they would not be able to develop their app any more. This course of events is one that the developers actively chose. Frankly, I think it's great that these guys are getting acquired. They worked hard, caught the attention of a big company and were rewarded handsomely. After all, that's why they developed the app in the first place: to make money. There's absolutely no warrant for you to expect that the developers put their lives on hold so that you can have a piece of software.
As for Instapaper, I think that Marco is disconnected. If he is in a position where he has enough money so as to be able to ignore offers for his app and instead run a lifestyle business, fine. I also think that part of his attitude towards a buyout comes from the fact that, despite that he denies it and refers to it in jest, Marco is actually fairly rich. He was one of the earliest employees at Tumblr, a company now worth ~800m. That means that even the most minimal equity would give him a net worth in the millions. That's great for Marco. But I'd imagine that very few people are in his place. A lot of app developers probably dream of being acquired. Who can blame them? Everyone wants money.
So, although Marco has enough money where he can basically ignore the need to sell, most app developers don't. The Sparrow guys obviously didn't.
Re: Talent Acquisitions
#113I also don't understand the impetus behind blaming Google or Facebook and treating it as if they are antagonizing you as a user. They made an offer and the developers accepted it knowing they would not be able to develop their app any more. This course of events is one that the developers actively chose. Frankly, I think it's great that these guys are getting acquired. They worked hard, caught the attention of a big company and were rewarded handsomely. After all, that's why they developed the app in the first place: to make money. There's absolutely no warrant for you to expect that the developers put their lives on hold so that you can have a piece of software.
As for Instapaper, I think that Marco is disconnected. If he is in a position where he has enough money so as to be able to ignore offers for his app and instead run a lifestyle business, fine. I also think that part of his attitude towards a buyout comes from the fact that, despite that he denies it and refers to it in jest, Marco is actually fairly rich. He was one of the earliest employees at Tumblr, a company now worth ~800m. That means that even the most minimal equity would give him a net worth in the millions. That's great for Marco. But I'd imagine that very few people are in his place. A lot of app developers probably dream of being acquired. Who can blame them? Everyone wants money.
So, although Marco has enough money where he can basically ignore the need to sell, most app developers don't. The Sparrow guys obviously didn't.
Re: Talent Acquisitions
#114Earlier quoted context omitted.
Sure, it wasn't meant to be snarky. I think a lot of folks simply have vastly different measurements for success. Some think it is binary meaning either total success or total failure. Others define multiple levels of success. Tie money and success together and the resulting discussions can be quite inflammatory. I've seen a few folks chime in here already that one of the reasons they work for themselves is that for…
Certainly people have different goals and ideas for what constitutes success. However, any company is for sale for the right offer. Conversely, any company looking to sell will turn down an offer that's bad enough. The owners may to even know what sort of offer they'll accept or reject until it's made. So, I don't know how you could add the proposed disclaimers, or how they would be useful. I'm not sure how any of th…
The diamond ring is a silly simplistic example of where some people don't have a price. If my spouse has a 5 carat diamond band, does she subscribe to some idea that if a 6 carat diamond ring were offered by someone else then that must surely be a better opportunity and "sell out?"
Some individuals don't have have a price for some things in life.
Re: Talent Acquisitions
#115Earlier quoted context omitted.
I got a similar vibe. Also I DID support sparrow. I told absolutely every person I know with a mac that they should use sparrow. Every computer I setup at work and for friends I installed sparrow by default. I have tweeted about loving sparrow. I'm really not sure what more I could have done other than wear a sandwich board around with their logo on it. That STILL didn't stop them from being bought out...
The market price for their desktop app was $9.99. How much support do you think you were really offering them?
Re: Talent Acquisitions
#116Earlier quoted context omitted.
Certainly people have different goals and ideas for what constitutes success. However, any company is for sale for the right offer. Conversely, any company looking to sell will turn down an offer that's bad enough. The owners may to even know what sort of offer they'll accept or reject until it's made. So, I don't know how you could add the proposed disclaimers, or how they would be useful. I'm not sure how any of th…
My S Corp. is not for sale. Neither is my 501c3 which will dissolve with my passing. Can you explain to me how "any" company is for sale for the right offer? The diamond ring is a silly simplistic example of where some people don't have a price. If my spouse has a 5 carat diamond band, does she subscribe to some idea that if a 6 carat diamond ring were offered by someone else then that must surely be a better opportu…
Re: Talent Acquisitions
#117Earlier quoted context omitted.
My S Corp. is not for sale. Neither is my 501c3 which will dissolve with my passing. Can you explain to me how "any" company is for sale for the right offer? The diamond ring is a silly simplistic example of where some people don't have a price. If my spouse has a 5 carat diamond band, does she subscribe to some idea that if a 6 carat diamond ring were offered by someone else then that must surely be a better opportu…
So if some company you really admire offers you a billion dollars and total freedom to do anything you want, anything at all, you'd turn it down? Why?
We can substitute work/employment for anything that you value. Family? Religious/spiritual beliefs/non-beliefs? Are you saying you'll stand for some value/idea/principle...up to a certain price? Nothing is verboten?
Re: Talent Acquisitions
#118Well, congrats to Marco for having a successful and sustainable business where he has the option and leverage to decide what he wants to do when these offers come knocking. Most startup/bootstrapped companies are not in that position. Most end up failing and winding up with nothing, but there are some that will end up with these talent acquisition situations. Remember, both sides (the acquirers and the acquirees) hav…
I didn't get that from Marco's post at all . I heard a developer saying "stop blaming indie developers for accepting generous offers from companies and start supporting their products instead".
What didn't you get? Both Macro's post and the parent are reasonable and non-contradictory. Marco says "I was only able to reject those offers because Instapaper is a healthy business" and the parent says "Well, congrats to Marco for having a successful and sustainable business".
My point is, you are disagreeing with two people in agreement. What you "heard" is a miscalculating brain that projected sentiments that don't exist.
Re: Talent Acquisitions
#119Earlier quoted context omitted.
The market price for their desktop app was $9.99. How much support do you think you were really offering them?
Which brings up a great digression: the app store gold rush has left us in a situation where it's no longer feasible to sell high-maintenance, low-market software directly to consumers. Consumers will buy games and media in high volume, so you can sell those at a discount. But email clients? Photo apps? Nope. The only way to make that stuff is to sell it as some kind of "cloud" service where you make your money on ey…
The only way to make that stuff is to sell it as some kind of "cloud" service where you make your money on eyeballs elsewhere.
And
No one will buy this stuff at the $50/seat the developers would have to charge to avoid the Google and Facebook buyouts.
Can you please re-state? For some reason I can't follow.
Re: Talent Acquisitions
#120Earlier quoted context omitted.
I obviously can't speak for Marco, but I think what I take umbrage with is when developers plan this out from the beginning -- create a product/company that drives just enough attention to ensure an acquihire. The result ends up being pretty detrimental to the community. Given the choice between: keep working on your low-to-modest traction product which isn't producing a lot of revenue and wonder how you might pay re…
Is this something you can really plan out from the beginning? How many millions of developers would love to be able to create a product that drives enough attention to ensure an acquihire? Who knows, you might be right and some developers might be able to think of an idea, build it, and market it successfully enough to get the acquihire they want (along with a big paycheck), but I suspect most just want to build a pr…
Don't forget to start by creating something YOU find useful, then.
I'm starting to think the main problems nerds have are mostly social, btw.