141–150 of 196 posts
> 65000 USD in donations > enough for infrastructure for the next 90 days 20k per month in infrastructure. Excuse me, what?
They're taking about paying for full time developers.
> approximately $65,000 in donations. This is enough to maintain critical Session infrastructure for the next 90 days. We are extremely grateful for the support Session has received from the community, but unfortunately this is not sufficient to retain full-time developers. As a result, all paid staff and developers will have their final working day on April 9, 2026. After this date, some team members will continue on a primarily volunteer basis to help maintain Session until July 8, 2026.
> To date, the STF has received approximately $65,000 in donations. This is enough to maintain critical Session infrastructure for the next 90 days. Excuse me, what?! Spending $22k a month in infra as a pre-money startup is insane.
Haha. The wording's equal too!
Earlier quoted context omitted.
Slack (originally an MMO), Nintendo (card games), Nokia (rubber shoes) and Netflix (DVDs over snail mail) would disagree. "We'll gather a bunch of talented people together, figure out what this industry needs and then do that, let's hope we can do that before the money runs out" can be a viable business plan. There's no guarantee it's going to work, there's never a guarantee a plan is going to work, but it can work s…
Plans are useless, but planning is essential. IIRC Nintendo had been operating for decades before they shifted to videogames. And Glitch (the MMO that gave birth to Slack) was also very much a product with a plan. Plan failed, or execution failed, or the industry shifted, or something else, or all or the above. But for sure it was not just "a bunch of talented people."
I feel like a crazy person for having to write this, but: if you are starting a business (yes, non-profits are businesses), then you need to have a business plan. If you launch a business and you have not done the work to have a business plan, then in 99.999% of situations, your business will fail. A business plan includes market & competitive research, a revenue plan based on that research that includes realistic pr…
nah. we never had a business plan and are still going strong 11 years later. 99.999% is a gross exaggeration of reality. we’ll never actually have this data, but I bet there isn’t much correlation if any between having a business plan and being successful. have you started a successful business?
Not having a business plan looks like "we'll release a free thing, have no way to generate income, lose money for a few years, and then beg for a million dollars." That's not a business plan. That's a waste of your time & your users' time.
> have you started a successful business?
Not yet, but I am actually working on it! Having a meeting with a local business tomorrow to discuss potential market pricing options so I have some idea of how much money I can expect to make. Business plan!
I feel like a crazy person for having to write this, but: if you are starting a business (yes, non-profits are businesses), then you need to have a business plan. If you launch a business and you have not done the work to have a business plan, then in 99.999% of situations, your business will fail. A business plan includes market & competitive research, a revenue plan based on that research that includes realistic pr…
nah. we never had a business plan and are still going strong 11 years later. 99.999% is a gross exaggeration of reality. we’ll never actually have this data, but I bet there isn’t much correlation if any between having a business plan and being successful. have you started a successful business?
Earlier quoted context omitted.
nah. we never had a business plan and are still going strong 11 years later. 99.999% is a gross exaggeration of reality. we’ll never actually have this data, but I bet there isn’t much correlation if any between having a business plan and being successful. have you started a successful business?
For my master thesis I did a lot of digging into the research on success factors for startups. And at least based on what I found back then, you're right. The correlation is weak between any factor like this and success. Generally positive though, so it does make sense to try doing some planning. But it's definitely not a requirement. In general, observable factors doesn't strongly correlate with success. Probably bo…
I've built many apps throughout the years. One thing that I've learned is that privacy is a secondary concern. It's never a primary one. If your app's main differentiation is privacy, it won't sell. Users just don't care about it that much.
Earlier quoted context omitted.
Slack (originally an MMO), Nintendo (card games), Nokia (rubber shoes) and Netflix (DVDs over snail mail) would disagree. "We'll gather a bunch of talented people together, figure out what this industry needs and then do that, let's hope we can do that before the money runs out" can be a viable business plan. There's no guarantee it's going to work, there's never a guarantee a plan is going to work, but it can work s…
I believe NetFlix actually had a plan to stream movies from the start (hence the name) and just did the DVD shipping as a way to get started.