Earlier quoted context omitted.
> We need more examples highlighted of entrepreneurs leading the slow-burn (in a good way) types of ventures. There will be a lot more example of this in the coming years because the costs of keeping a pre-PMF webapp online have basically fallen to zero. Whereas when Zuckerberg started Facebook, if it didn't take off right away then you had no choice but to shut it down. When you hear VCs and other folks cast doubt o…
Even back then, you did not have to grow as fast as VC made you think. It was a choice by Zuck to grow fast and take a lot of investment, he did not have to grow that fast. This is Zuck's interview in 2005 in Stanford: >So, I mean when you’re 16 running a site and your core people are the kitchen table, your operating expenses are relatively low. >[...] we just kept our operating expenses low so far and by doing that…
Going full time on my SaaS after 13 years
121–130 of 233 posts
Re: Going full time on my SaaS after 13 years
#122Earlier quoted context omitted.
> We need more examples highlighted of entrepreneurs leading the slow-burn (in a good way) types of ventures. There will be a lot more example of this in the coming years because the costs of keeping a pre-PMF webapp online have basically fallen to zero. Whereas when Zuckerberg started Facebook, if it didn't take off right away then you had no choice but to shut it down. When you hear VCs and other folks cast doubt o…
Even back then, you did not have to grow as fast as VC made you think. It was a choice by Zuck to grow fast and take a lot of investment, he did not have to grow that fast. This is Zuck's interview in 2005 in Stanford: >So, I mean when you’re 16 running a site and your core people are the kitchen table, your operating expenses are relatively low. >[...] we just kept our operating expenses low so far and by doing that…
Re: Going full time on my SaaS after 13 years
#123Re: Going full time on my SaaS after 13 years
#124This is super inspiring. I just started working on a side project that I hope can one day be worth something. I'm also the sole breadwinner of a household with 2 (soon to be 3) kids and a wife depending on me, so it's really inspiring to see that the dream really can happen, even if it takes a decade plus to realize. Even if my thing never takes off, it's a tool I've wanted for a long time, so I'm motivated to keep g…
I hope things work out for you and that they don't take as long as they did for me :).
Re: Going full time on my SaaS after 13 years
#125Earlier quoted context omitted.
Even back then, you did not have to grow as fast as VC made you think. It was a choice by Zuck to grow fast and take a lot of investment, he did not have to grow that fast. This is Zuck's interview in 2005 in Stanford: >So, I mean when you’re 16 running a site and your core people are the kitchen table, your operating expenses are relatively low. >[...] we just kept our operating expenses low so far and by doing that…
If your strategy involves needing to take advantage of network effects, growing as fast as possible seems like a requirement. It is a winner take all dynamic.
Not necessarily. Most businesses with network effects (including Facebook) follow the "come for the tool, stay for the network" approach.
Re: Going full time on my SaaS after 13 years
#126Good on you; We need more examples highlighted of entrepreneurs leading the slow-burn (in a good way) types of ventures. Not every business activity fits the go-big-or-go-home Zuckerberg-esque meteoric rise archetype that the Techcrunch-led hype media attracts eyeballs for portraying.
I have a data management system that I have been working on for many years. It is core technology that could eventually be used in a SaaS or web based model, but for now it runs on a single computer with no dependencies to the Internet (other than to download the beta software at https://www.Didgets.com).
Many of the features (file system imports, database tables, quick analytics, logging framework, indexing service, etc.) have come about one weekend or a series of evenings at a time.
Congrats to Matt for sticking with it for so long.
Re: Going full time on my SaaS after 13 years
#127Awesome work! It takes a lot of guts to go out on your own and bet on yourself. I did that over two years ago and I'll never regret it - the amount of time I get to spend with my kids is incredible, and serving customers that use and love the tools you build is a great feeling.
And since you didn't share your startup, I'll do it for ya: https://closet.tools/
Re: Going full time on my SaaS after 13 years
#128Awesome work! It takes a lot of guts to go out on your own and bet on yourself. I did that over two years ago and I'll never regret it - the amount of time I get to spend with my kids is incredible, and serving customers that use and love the tools you build is a great feeling.
Thanks, I'm looking forward to the extra time with the family as well! And since you didn't share your startup, I'll do it for ya: https://closet.tools/
Re: Going full time on my SaaS after 13 years
#129Earlier quoted context omitted.
Thanks, I'm looking forward to the extra time with the family as well! And since you didn't share your startup, I'll do it for ya: https://closet.tools/
Ha, thanks. My customers aren't here, only the people who will create a copycat this weekend
Re: Going full time on my SaaS after 13 years
#130Hi Matt, thanks for sharing. Just a proof of my staying power, I saw your Preceden post on HN; and paid for a license 13 years ago promptly your v0.1 and I am still here. https://i.imgur.com/ejUm3Gh.png I had bought a license purely on a whim as I was browsing HN on company-time. I was in 20's, bored and ambitious with no concrete plans and I proceeded to play on company-time in my cubicle the rest of the day and pla…