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The Pinboard Investment Co-Prosperity Cloud

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Re: The Pinboard Investment Co-Prosperity Cloud

#61

Post by codewright »

notJim wrote: post #60
codewright wrote: post #55

Earlier quoted context omitted.

>(but can you actually run a modern app stack on just 128 MB of RAM?) C/Golang/Lua/Vala/SBCL/Ada/Pascal and an embedded datastore like bdb! Why in my day we used to write little apps with C and bdb that used less than 5mb of memory! (Sqlite didn't exist yo.) Heck these days you get (ENTERPRISE) choices like LevelDB and BangDB. Edit: Who wants to have a datastore-backed c10k contest on prgmr machines? :D

Ha, I'm aware that if you're careful, you can do it, but I was more thinking of a python or ruby stack with MySQL (or whatever) that most people would use :).

MySQL and Ruby could be made to work. (on 128mb of ram)...concurrency would be awful though.

I was trying to be lean.

Ruby users are quiche eaters anyway. Real programmers write their code in Fortran and persist to a hierarchical database on a mainframe.

Re: The Pinboard Investment Co-Prosperity Cloud

#62

Post by samstokes »

il wrote: post #42

"The project aims to draw attention to the fact that if you have access to technical labor, the startup and operating costs for an online project in 2013 are negligible. The biggest obstacle to creating something useful is finding the time to build it and attracting an initial pool of paying customers." Good thing that in the brave new future world of 2013 labor and marketing are completely free of all costs, opportu…

"Dear angel investor, I need to raise $500k to cover my opportunity costs while I work on this startup."

Re: The Pinboard Investment Co-Prosperity Cloud

#63

Post by rdl »

samstokes wrote: post #62
il wrote: post #42

"The project aims to draw attention to the fact that if you have access to technical labor, the startup and operating costs for an online project in 2013 are negligible. The biggest obstacle to creating something useful is finding the time to build it and attracting an initial pool of paying customers." Good thing that in the brave new future world of 2013 labor and marketing are completely free of all costs, opportu…

"Dear angel investor, I need to raise $500k to cover my opportunity costs while I work on this startup."

Fortunately opportunity costs can be paid in equity. Rent, car insurance, and groceries can't.

Re: The Pinboard Investment Co-Prosperity Cloud

#64

Post by rdl »

Will you be offering $1.12 in expense reimbursement for the interviews? Will you do checks or cash?

($1.12 won't even cover the minimum BART or Muni or VTA fares now, I think, unless you're a child or senior or disabled or something)

Re: The Pinboard Investment Co-Prosperity Cloud

#65

Post by rdl »

pmarca wrote: post #43
tptacek wrote: post #7

I would like to take this moment to announce PICPC-VC, which is an automatic follow-on investment, structured as uncapped convertible notes, of $50 available to any founder accepted into the PICPC program.

Andreessen Horowitz will match your $50 with another $50.

I wonder how much having any amount from a top-tier investor like a16z is worth (since you don't need to reveal the amount, at least initially, and once they're already talking to you...). Presumably that $50 is worth more like $5-10k, unless someone reads this thread.

Re: The Pinboard Investment Co-Prosperity Cloud

#66

Post by jarek »

tptacek wrote: post #7

I would like to take this moment to announce PICPC-VC, which is an automatic follow-on investment, structured as uncapped convertible notes, of $50 available to any founder accepted into the PICPC program.

Can someone more in touch with corporate finance explain what an uncapped convertible note means for ownership and operation of a company? Serious question.

Re: The Pinboard Investment Co-Prosperity Cloud

#67

Post by munger »

notJim wrote: post #48
danielpal wrote: post #40

It does seem like cost are negligible today, but on deeper analysis theres a lot of costs beyond simply hosting. Just from memory for my startup (Authy.com), initial costs were: Domain: $1000+ Design: $3000 Video: $3000 Hosting: $400 Depending on your skills this initial costs will vary. An although I agree you don't need external investment to cover them, you should at least plan to invest $10,000US to cover your in…

A lot of the things that you seem to think of as mandatory are not. Domain: or get something longer for $9. E.g., authyapp.com or getauthy.com Design: http://themeforest.net/ $15-$25, or DIY (depends on how much design matters for your niche--for Pinboard it clearly doesn't) Video: You don't need no stinkin' video Hosting: Maciej is recommending http://prgmr.com/xen/ for $32 (but can you actually run a modern app sta…

Not unless you consider every request needing to use disk swap "running" which I can assure you is orders of magnitude slower and terrible.

In my experience on Rackspace cloud 512MB instances are the minimum you should use for tiny production apps. Also, they're discontinuing 256MB on OpenStack - these were suitable for single-user dev instances, but I got more swap and or locking if ever attempting to run publicly with traffic. 512MB instances solved that issue.

Edit: Also I should mention I'm assuming you mean wanting to run a fairly standard stack, not a stack targeted toward tiny memory footprint.

Re: The Pinboard Investment Co-Prosperity Cloud

#68

Post by munger »

jfb wrote: post #24
nthitz wrote: post #21

> Is this a joke? It is not a joke. > I have no understanding of the concept of humor... So it is a joke.. Or at the very least tongue in cheek. (With some exceptions,) I doubt hosting is what most VC funding is spent on. Edit: as he said, "The biggest obstacle to creating something useful is finding the time to build it and attracting an initial pool of paying customers." If you have access to those you probably hav…

"I doubt hosting is what most VC funding is spent on." You might be surprised.

Consider something like the start of instagram - no revenue and huge data transfer costs after getting tons of users. Although I realize OP is suggesting building something with revenue that is sustainable.

Re: The Pinboard Investment Co-Prosperity Cloud

#69

Post by jarek »

rdl wrote: post #63
samstokes wrote: post #62

Earlier quoted context omitted.

"Dear angel investor, I need to raise $500k to cover my opportunity costs while I work on this startup."

Fortunately opportunity costs can be paid in equity. Rent, car insurance, and groceries can't.

You just need a more risk-seeking landlord and grocer.
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