Earlier quoted context omitted.
That is a distinct possibility with plant "inserts"[0] for the vegetable beds, one of the planned innovations I've had in the back of my mind. AutoMicroFarm could sell just the empty media inserts for a reasonable price, and also offer pre-planted, ready-to-fruit plants with inserts for a much higher price. That way, those who are willing to wait weeks/months for their plants to grow from seeds/seedlings can save mon…
Speaking solely as one potential customer: I like this idea. As for the "moat", I think the product with the best automation will win at least a defensible niche within the market. I would encourage you to start upmarket and not worry about price so much right now. Get really good at making the thing run itself; you can cut the price later. (But, I'm someone with a lot more money than time, so that colors my view her…
HN Office Hours with Kevin and Sam
111–120 of 163 posts
Re: HN Office Hours with Kevin and Sam
#112Earlier quoted context omitted.
Speaking solely as one potential customer: I like this idea. As for the "moat", I think the product with the best automation will win at least a defensible niche within the market. I would encourage you to start upmarket and not worry about price so much right now. Get really good at making the thing run itself; you can cut the price later. (But, I'm someone with a lot more money than time, so that colors my view her…
Thanks for the encouragement, Scott. Any idea where to find more customers like you, who don't worry about the price as they have more money than time? ;)
I don't think a lot of people here want to spend time gardening, but lots of us love fresh vegetables. That's an opportunity, it seems to me.
Re: HN Office Hours with Kevin and Sam
#113Earlier quoted context omitted.
Thanks for the encouragement, Scott. Any idea where to find more customers like you, who don't worry about the price as they have more money than time? ;)
I haven't polled my friends on this, but Silicon Valley (where I live) is full of such people. And a lot of us have yards, the area being resolutely suburban, and of course the weather is great (assuming this thing doesn't need too much water). I don't think a lot of people here want to spend time gardening, but lots of us love fresh vegetables. That's an opportunity, it seems to me.
One of the benefits of aquaponics is how little water it uses (after the initial fill-up).
Re: HN Office Hours with Kevin and Sam
#114Earlier quoted context omitted.
Being a PAC sounds like the most expensive way to do this. Usually, that's not a good way to do a startup. Also, this sounds so cynical. I'd start with the true believers. People who believe this is the best way to represent the people. Those people will win races because it will feel like a revolution when you hear them talk about you. It's the best kind of sales people to have. I'd be very worried about having your…
With a ~10% approval rating for congress and historical lows across the board for most Americans, I'm not sure it's cynicism. I don't think you could honestly find someone that feels like they are being represented in congress. Our lobbying system is an open joke that we wish we could do something about. Also, our PAC is funding those true believers but most people don't realize that it costs thousands of dollars to…
Re: HN Office Hours with Kevin and Sam
#115Earlier quoted context omitted.
Being a PAC sounds like the most expensive way to do this. Usually, that's not a good way to do a startup. Also, this sounds so cynical. I'd start with the true believers. People who believe this is the best way to represent the people. Those people will win races because it will feel like a revolution when you hear them talk about you. It's the best kind of sales people to have. I'd be very worried about having your…
With a ~10% approval rating for congress and historical lows across the board for most Americans, I'm not sure it's cynicism. I don't think you could honestly find someone that feels like they are being represented in congress. Our lobbying system is an open joke that we wish we could do something about. Also, our PAC is funding those true believers but most people don't realize that it costs thousands of dollars to…
"professionals in tech that wouldn't mind making $170k to do literally nothing but proxy votes for their district"
This description of your first candidates is what I find cynical. They should feel like true believers. Not opportunistic passive income collectors.
Re: HN Office Hours with Kevin and Sam
#116I wanted to know how you would structure a profit sharing plan as an alternative to equity options for a small, bootstrapped company with virtually no IPO option. What would be fair? How would it work? How did WooFoo's program work? Consider this a blog post option too!
http://www.pearlmeyer.com/Pearl/media/PearlMeyer/PDF/PMP-WAW...
That is, of course, if you have profits. Also, be careful. Extrinsic motivations like profit sharing doesn't correlate perfectly with productivity and performance. At some point, you're just throwing money away if you're just giving it all directly to employees. You'll get more bang for your buck if you spend first on things that create intrinsic motivations in your employees like a mission driven culture.
Re: HN Office Hours with Kevin and Sam
#117Hi Kevin and Sam, We are about to finish building a table reservation system (think OpenTable or SeatMe but on steroids). Although it's a "Me Too" product, we will offer features that our competitors can't or won't, e.g. bigger API control for restaurants, various hooks to extend the service such as food delivery, pre-paid reservations, and ticketing for tables to name a few. Essentially, we will offer an iPhone/iPad…
I think you go freemium if the market is large enough to support the idea that if you just convert a small percentage of customers, you'll still be a successful company. If the answer is yes it's large enough, then whatever strategy gets your software in the hands of the most number of users should be the path you follow. Now, as a startup, I wouldn't start by competing head to head with OpenTable's salesforce going…
1. We definitely want to start with countries, which OT hasn't penetrated yet.
2. Since we will start with restaurants that do not use OT (or similar service), we may consider having only paid plans. And maybe convert to a freemimum model once we are ready to compete with OT in USA/UK.
Re: HN Office Hours with Kevin and Sam
#118I'm making a competitive real-time strategy game like starcraft (which is declining) but without the punitive aspect of the game which is why a massive number of players stop playing it I think. Starcraft is also the only decent competitive RTS on the market right now, a successor can grow at startup-level in the long term I beleive. I have a solid engine, nothing launched yet. My question is: why would you not fund…
Re: HN Office Hours with Kevin and Sam
#119Background: Every day in South Africa low income people suffer through 2+ hour commutes into work using public transport. This has a serious impact on their lives, due to long wait times and inefficiencies. I interviewed a single mother, who only got home after 7pm and leaves at 6am in the morning. We have built a ride share matching system: Our goal is to make use of unused seats in cars matching drivers and passeng…
Re: HN Office Hours with Kevin and Sam
#120Background: Every day in South Africa low income people suffer through 2+ hour commutes into work using public transport. This has a serious impact on their lives, due to long wait times and inefficiencies. I interviewed a single mother, who only got home after 7pm and leaves at 6am in the morning. We have built a ride share matching system: Our goal is to make use of unused seats in cars matching drivers and passeng…