Hashable is shutting down
11–20 of 24 posts
Re: Hashable is shutting down
#12People who like business cards, use business cards. I think in the future "intentional identity communication" will be moot, where people will either know who you are already, or know how to find you (FB, LinkedIn, Ravelry, etc.). If all you really need is a name and a saved contact, I can see people getting used to not carrying and exchanging stuff. "Back in olden times, your 'wallet' had like a quarter-inch of thes…
Re: Hashable is shutting down
#13Re: Hashable is shutting down
#14Re: Hashable is shutting down
#15Re: Hashable is shutting down
#16People who like business cards, use business cards. I think in the future "intentional identity communication" will be moot, where people will either know who you are already, or know how to find you (FB, LinkedIn, Ravelry, etc.). If all you really need is a name and a saved contact, I can see people getting used to not carrying and exchanging stuff. "Back in olden times, your 'wallet' had like a quarter-inch of thes…
Re: Hashable is shutting down
#17- The founder (http://linkedin.com/pub/michael-yavonditte/3a/919/3b6) was previously the CEO of an ad company that AOL acquired for $340M, and he's also an angel investor and partner at a VC fund -- so, he's obviously an experienced entrepreneur and has an amazing network to support him
Best of luck to everyone on the team and all in their future endeavors, but I think this just tells you how hard startups really are, esp during these crazy times.
It's a constant reminder that having all the money and connections in the world doesn't mean shit about whether you're actually going to build a strong business and end up dominating your market. Obviously, having a nice war chest and good connections will help you execute, but it's only a means to an end and still kind of superficial, and not what makes startups fundamentally succeed. Drop.io was another case in point, the founder was extremely well-connected in the tech scene and in VC circles, yet they failed and got owned by Dropbox - only thing that matters in the long-run is talent and hardcore execution.
Also highlights just how important timing/luck and product-market fit are: http://pmarca-archive.posterous.com/the-pmarca-guide-to-star...
"Markets that don't exist don't care how smart you are."
Re: Hashable is shutting down
#18- They raised a $4M round led by USV in 2010 ( http://avc.com/a_vc/2011/03/the-hashable-pivot.html ) - The founder ( http://linkedin.com/pub/michael-yavonditte/3a/919/3b6 ) was previously the CEO of an ad company that AOL acquired for $340M, and he's also an angel investor and partner at a VC fund -- so, he's obviously an experienced entrepreneur and has an amazing network to support him Best of luck to everyone on t…
Re: Hashable is shutting down
#19Re: Hashable is shutting down
#20- They raised a $4M round led by USV in 2010 ( http://avc.com/a_vc/2011/03/the-hashable-pivot.html ) - The founder ( http://linkedin.com/pub/michael-yavonditte/3a/919/3b6 ) was previously the CEO of an ad company that AOL acquired for $340M, and he's also an angel investor and partner at a VC fund -- so, he's obviously an experienced entrepreneur and has an amazing network to support him Best of luck to everyone on t…
I think this is yavo's second failed startup post quigo, the ad network. He did tracked first, then hashable. I'd bet he'll do well in mobile ads though given how well he understands the space. And never underestimate the power of the right rolodex.