>How I Started An Escort Service At 21 That Now Generates $200K/Month So pimping is a startup now?
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I’ve been building a database of successful companies
11–20 of 41 posts
Re: I’ve been building a database of successful companies
#12Don't just record successful companies. You can't figure out what actually matters if you don't compare to failed companies. If ten successful companies do something, you'll think it's a good thing to do. But what if one hundred failed companies do it, too?
Good call, I could add this as a tag / make it filterable as some of the companies we've done case studies on have since failed, pivoted, or been acquired. Adding this to the backlog.
Re: I’ve been building a database of successful companies
#13It looks nice, but.... Failed companies would be much more interesting. Everyone knows the successful companies.
I think both are important, but I appreciate the feedback.
I know there are a 'zeitgeist' of typical SV successful companies (Uber, Dropbox, etc) but we actually cover a ton of companies you've probably never heard of. We cover a lot of side hustles, side projects, agencies, e-commerce, and more too.
Re: I’ve been building a database of successful companies
#14This is neat. I wonder if there's a way to cull the Idea list, though? There's a lot to go through at the moment, and some entries are listed twice (i.e. Blog).
Ah yes, been meaning to fix that. Was planning on cleaning it up and also adding a typeahead / search function. Thanks for the feedback.
Re: I’ve been building a database of successful companies
#15Isn't this a massive case of survivorship bias?
Yes but we don't solely cover VC funded startups with success rates of We cover a lot of small & bootstrapped businesses, e-comm, agencies, side hustles, etc that IMO believe anyone can start. This isn't the stereotypical list of successful companies ala Airbnb, Uber, Dropbox.
Re: I’ve been building a database of successful companies
#16There’s also the successful side hustles that don’t feel comfortable sharing financial details, whether it’s because of competition, being seen as braggadocio, or maybe because you feel the business will grow even more next year.
Re: I’ve been building a database of successful companies
#17This is a great utility for inspiration. I wonder at its utility beyond that. I'm primarily concerned about rigour. How much is story and how much is study? What details are missing that completely change the context?
For example, a case study of Bill Gates takes on a different light when the story includes how his father was a licensed attorney, that they worked together and appeared to have a close relationship. Surely that's an important detail. Secure family attachments, let alone the resources of knowledge and money, must factor in to the success of individuals.
Re: I’ve been building a database of successful companies
#18>How I Started An Escort Service At 21 That Now Generates $200K/Month So pimping is a startup now?
It probably has a nice React front end and Stripe for payment processing, so that would put it in the startup bucket :)
Yikes, people still start new projects with Stripe after all the horror stories here on HN? In my mind they are on PayPal's level of broken fraud prevention by now.
Re: I’ve been building a database of successful companies
#19A lot of commenters here are rightly pointing out survivorship biais.
Im even more concerned with the measure of « success » employed.
It seems that the only metric reported here is monthly revenue, which by itself can tell you if a project is further than the idea on a PowerPoint stage, but cannot tell you anything about meaningful success (at a very basic level revenue is not profit, and a few months data don’t tell much).
Re: I’ve been building a database of successful companies
#20Earlier quoted context omitted.
It probably has a nice React front end and Stripe for payment processing, so that would put it in the startup bucket :)
Yikes, people still start new projects with Stripe after all the horror stories here on HN? In my mind they are on PayPal's level of broken fraud prevention by now.
"Nobody goes there, it's too crowded."