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MailChimp’s founders built the company slowly by anticipating customers’ needs

nytimes.com

101–110 of 267 posts

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#101

Earlier quoted context omitted.

Earning $200k most places is pretty nice, but most sources show that in Atlanta almost no one is making that much. The average is less than half that. For most of us, moving to Atlanta would probably coincide with a sharp pay cut. If that wasn't the case, I'd do it in a heartbeat.

You would take a pay cut and there are many in Atlanta who would still complain that you are making too much and be thinking about how they could move your job to a low cost country. I've had conversations with startups "leaders" in Atlanta where they have expressed this sentiment.

hey lance! ha

I left ATL for SF last year and I had many similar conversations while I lived there.

ATL Founder > What do you mean you are charging $100/hr? I can pay 5 shitty developers in India for that price.

SF Founder > We are on a pretty tight budget. The best we can offer you is $140k/yr + 0.7% equity.

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#102
post #69

Depends on what you mean by 'making it' as a startup - is it the revenue growth? burn rate? profit growth? Number of users? Number of employees? A SF office? How well funded you are? It's hard to grow a business without going the conventional SV route and getting VC funding. Unless you have a revolutionary product, the bigger competition will likely stomp over you unless you have resources to grow your team and produ…

> Unless you have a revolutionary product, the bigger competition will likely stomp over you unless you have resources to grow your team and product and marketing. Or if you are comfortable with a small market share but a profitable one. Case in point, me. I started FreeRADIUS in 1999. Started making money in 2007. Incorporated in 2008. I now have multiple offices, multiple employees, and good growth. No investment.…

Great product!

Do you make money selling consulting services for FreeRADIUS or do you license the software?

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#103
post #63
post #37

The Atlanta tech scene is blossoming, just like our film industry. We have a couple of incubators, including a few that are funded/supported by Georgia Tech. The cost of living here is super cheap, and there are brilliant and talented people everywhere. We have satellite offices for tons of major tech companies, so there are traditional tech jobs too. Earning $200k here while the cost of living is so low is phenomina…

In truth, you could make much the same argument about most cities that aren't SF, NYC or Seattle. No one city is going to be the next SV. What we're seeing is a national transition away from the suburbs and back into large metro areas. The first cities had a leg up due to being the epicenters of various industries but everyone else is catching up.

I agree. It's funny/interesting to me how everyone everywhere has been holding up their local food scene as a special point of pride recently, when just about every city in America in 2016 is teeming with dozens of good local restaurants, microbreweries, coffee roasters, etc.

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#104
post #37

The Atlanta tech scene is blossoming, just like our film industry. We have a couple of incubators, including a few that are funded/supported by Georgia Tech. The cost of living here is super cheap, and there are brilliant and talented people everywhere. We have satellite offices for tons of major tech companies, so there are traditional tech jobs too. Earning $200k here while the cost of living is so low is phenomina…

I'm in Atlanta. It's a great place to work for a non-tech corporation, but the startup scene is so so. Most of the "tech" startups fall in to one of two categories. First, ones that will not get traction and are doing something that someone else is already doing or two high tech boiler room operations where they hire a few tech people and an army of sales types to try to sell it. Sadly tech people in Atlanta are seco…

I beg to differ. I work for Pindrop. We have a unique product and we're growing steadily, with serious funding to boot.

https://www.pindrop.com/about-pindrop-security/

https://www.pindrop.com/what-we-do/

We're also hiring: http://grnh.se/iwk5m4

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#105
I'm looking to write a powershell script for creating lists and updating subscribers for mailchimp api v3. However, Im kind of lost. I only found old code samples. http://poshcode.org/3479 http://poshcode.org/3351 Does anyone know any new code samples for mailchimp v3 api for powershell.

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#106
post #95

Earlier quoted context omitted.

Earning $200k most places is pretty nice, but most sources show that in Atlanta almost no one is making that much. The average is less than half that. For most of us, moving to Atlanta would probably coincide with a sharp pay cut. If that wasn't the case, I'd do it in a heartbeat.

According to this CNN Money calculator you would only need to make $114k here to match a 200k salary on SF. Even less if you didn't want to live downtown. The housing costs are listed at 75% less than SF! http://money.cnn.com/calculator/pf/cost-of-living/

And according to Glassdoor, average Software Engineer salary in Atlanta is $72k:

https://www.glassdoor.com/Salaries/atlanta-software-engineer...

Neither is very scientific but I don't think it's such an obvious win.

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#107
post #96
post #58

Earlier quoted context omitted.

How is the position of WhatsApp significantly different than that of Snapchat? WhatsApp didn't need outside funding to grow huge...

WhatsApp raised "outside funding" of $250k from ex-Yahoo employees before publicly launching the app in November 2009. They then got another $8 million in April 2011 from VC firm Sequoia Capital. However, Jan Koum was already talking to Jim Goetz of Sequoia a year prior to that (Spring 2010) and it took several months of negotiation to close the deal. I don't think people would call Whatsapp a "bootstrapped company".…

WhatsApp actually used pricing as a way to slow their growth and give Jan Koum's team time to scale their infrastructure. He talked about it in startup school a couple of years ago:

https://www.youtube.com/watch?v=8-pJa11YvCs

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#108

You know what word doesn't appear in that story? Spam. Mailchimp is a company that provides lots of unsolicited commercial emails. In other words, spam. You can dress it up and call it "marketing software for small businesses" but that doesn't change the essential fact: Mailchamp is a spammer. Is it any surprise that spamming is profitable? I've received hundreds of Mailchimp emails. Not once did I sign up for any of…

I don't think I've gotten any wholly unsolicited emails via Mailchimp or similar services. I still usually file them as spam because I hate that links they contain are obfuscated redirects -- for tracking purposes, but I'm much less agitated about that than the removal of link functionality -- I like seeing where I might click is likely to land me before clicking. If I happen to forget/not notice and mindlessly click on a link in an email, uBlock Origin helpfully blocks most such tracking links.

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#109
post #37

The Atlanta tech scene is blossoming, just like our film industry. We have a couple of incubators, including a few that are funded/supported by Georgia Tech. The cost of living here is super cheap, and there are brilliant and talented people everywhere. We have satellite offices for tons of major tech companies, so there are traditional tech jobs too. Earning $200k here while the cost of living is so low is phenomina…

I used to live in Atlanta. It felt like the city had so much potential for tech but just wasn't there yet. There were so many smart and driven people at Georgia Tech and other places. And there seemed to be a business community that would be capable of supporting those people but those two communities hadn't figured out how to deal with each other yet. This was in 2011. I would love for Atlanta to become a real hub and would gladly move back if given a chance.

Re: MailChimp’s founders built the company slowly by anticipating customers’ needs

#110

And then somehow they managed to totally disregard their customers' needs and screw everyone with the Mandrill changeover. Seriously, has everyone forgotten that fiasco? https://news.ycombinator.com/item?id=11170713 I'll never trust them or use them again, after that. No way no how.

As a long-time Mandrill customer, I agree.
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