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Tiny

tinycapital.com

11–20 of 158 posts

Re: Tiny

#12
... great grandfather started this company with one single rickety leaky hand-crafted slave ship, and a simple motto: "People Selling People to People".

Re: Tiny

#14
post #9
post #4

Tiny is basically as advertised. A few years ago, I tried to sell one of my businesses to them (Zack) and he was straightforward in his reason to pass back then (profit too low). Took about a day once I had my metrics sorted. The experience was positive and re-enforced my understanding of important growth metrics and product storytelling.

> profit too low > important growth metrics > product storytelling Yup. Everything that's wrong with (predominately US) modern business culture. Product doesn't matter, storytelling is. Nothing matters, inflated growth metrics do. Profit doesn't matter unless it's high (for some definition of high), but even that doesn't matter if you have hyperinflated growth metrics.

And not actually caring about the problem at hand.

"Dude! We could make so much money if we made X!" - but do you actually care about X? Why is money the only reason people are setting up business and solving problems? It should be secondary, a happy side effect of solving hard problems (which people will thank you for with money.)

Re: Tiny

#15
post #9
post #4

Tiny is basically as advertised. A few years ago, I tried to sell one of my businesses to them (Zack) and he was straightforward in his reason to pass back then (profit too low). Took about a day once I had my metrics sorted. The experience was positive and re-enforced my understanding of important growth metrics and product storytelling.

> profit too low > important growth metrics > product storytelling Yup. Everything that's wrong with (predominately US) modern business culture. Product doesn't matter, storytelling is. Nothing matters, inflated growth metrics do. Profit doesn't matter unless it's high (for some definition of high), but even that doesn't matter if you have hyperinflated growth metrics.

See also, https://en.wikipedia.org/wiki/Keynesian_beauty_contest

It doesn't even matter if the business will have profits, it matters if the business will look to future investors like it will have profits.

Re: Tiny

#16
> We pay finders fees of $25,000 to $200,000+, all you have to do is intro us.

hmmm - not a bad payday just to be a referral

Re: Tiny

#17
post #3

Earlier quoted context omitted.

The catch is that your business has to be in pretty darn good shape. They won't just buy any company, you have to prove it is stable, profitable, and growing.

I imagine it has to be something that another company can generically understand and take over. A startup where the founders deep domain knowledge / connections is the key - that domain knowledge / connections go when the founder leaves.

If that's the case then why are they ok with the founder leaving? I don't think this is a scam or anything, I just wish I understood the mechanics of how their business works better than I do

Re: Tiny

#18
post #14
post #9

Earlier quoted context omitted.

> profit too low > important growth metrics > product storytelling Yup. Everything that's wrong with (predominately US) modern business culture. Product doesn't matter, storytelling is. Nothing matters, inflated growth metrics do. Profit doesn't matter unless it's high (for some definition of high), but even that doesn't matter if you have hyperinflated growth metrics.

And not actually caring about the problem at hand. "Dude! We could make so much money if we made X!" - but do you actually care about X? Why is money the only reason people are setting up business and solving problems? It should be secondary, a happy side effect of solving hard problems (which people will thank you for with money.)

Because people want to pay their rent and eat. “Hard problems” take a lot of work and time and no one is going to pay me to ponder on a tricky algorithm [1]

[1] actually there is. It’s called “academia” and from what I’m told it’s pretty miserable to be in

Re: Tiny

#19
Is anybody else super tired of this aesthetic:

https://assets.website-files.com/5f10771cbfea70224f1ce526/5f...

I know companies all jump on design bandwagons, but this one of these hideous illustrations of amorphous blob people is not only one that every company has been riding for the last few years, but should have never existed in the first place.

Not to mention the egregious usage of 90s HTML hyperlink blue. I get it, that ugly is ironic and cool, etc, but I'd really like to just pass through this phase of ironically self-aware, ugly design.

Re: Tiny

#20
post #9
post #4

Tiny is basically as advertised. A few years ago, I tried to sell one of my businesses to them (Zack) and he was straightforward in his reason to pass back then (profit too low). Took about a day once I had my metrics sorted. The experience was positive and re-enforced my understanding of important growth metrics and product storytelling.

> profit too low > important growth metrics > product storytelling Yup. Everything that's wrong with (predominately US) modern business culture. Product doesn't matter, storytelling is. Nothing matters, inflated growth metrics do. Profit doesn't matter unless it's high (for some definition of high), but even that doesn't matter if you have hyperinflated growth metrics.

The thing people (read: businesses) want to pay for is a) increased revenue or b) lowered costs. You better have a _very_ compelling story on why your product does one or the other, and why they should pick you and not one of your three competitors.
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