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That's why I will never invest any money in your company

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Re: That's why I will never invest any money in your company

#22
Facebook was a dorm room project, which you could argue originally fell into the 'non-startup' category. There are many, many examples of how your vision at start may be entirely different than where you end up, and its often difficult to see how that path looks when you are standing at the starting line. "Stuff happens" when you execute.

Also, the quality of a start-up should not be measured against scale potential. How a VC sees the world is deeply influenced by their own goals of 10x returns. A cynic might say that VC's promoting this view do so to produce more fuel for their business model.

Re: That's why I will never invest any money in your company

#24

Earlier quoted context omitted.

So if the little website that takes text you type in and gives you a URL that has that text shown REALLY BIG is now defined as a Startup, what should the rest of us with real businesses call ourselves?

I don't know, but I'd like to know how I can invest in your URL embiggener startup

Sounds like a perfectly cromulent investment idea.

Re: That's why I will never invest any money in your company

#26
post #4

"Even if you have 100,000 users and 1,000 pay for your paid account. If you charge $10 per month, you are still making only 10k per month, barely making the salary of one person. No one will invest in a company like that." If I have a side project pulling in 10K a month, I don't really care if nobody wants to invest. I've already succeeded.

Barely making the salary of a really, really highly-paid person.

"highly paid" is relative. $10k/month in San Francisco is an average programmer's salary .. Once you deal with the realities of a business (unemployment insurance, health insurance, payroll taxes, franchise taxes, income taxes, cell phones, internet, hosting) it's not really a single FTE's salary in say SF, Seattle, or NYC.

Re: That's why I will never invest any money in your company

#27
*A company to make money based on advertising has to be able to reach a very large audience. Do you think that your application that your geek friends like is going to be like that? If not, forget the “ads” model.8

Is this actually true? It would seem to me that ads could work for a small, but focused web site, because the ads could be targeted really well.

Re: That's why I will never invest any money in your company

#28

Earlier quoted context omitted.

So if the little website that takes text you type in and gives you a URL that has that text shown REALLY BIG is now defined as a Startup, what should the rest of us with real businesses call ourselves?

I don't know, but I'd like to know how I can invest in your URL embiggener startup

http://newsyndicated.com/embiggen.cgi

Do you think I could get a tech crunch article out of this?

edit: (I misread the joke, nevermind)

re-edit: (Added support for saving messages..I wonder if twitter would buy this from me for a million dollars?)

Re: That's why I will never invest any money in your company

#29

While I agree that most of the "review my " here are pretty Lame I must say that this post entirely misses the point. So what if the authors of these project chooses to call them startups. Nobody has a right or the power to decide what is a startup or not. Especially not some guy with a whiny attitude.

So if the little website that takes text you type in and gives you a URL that has that text shown REALLY BIG is now defined as a Startup, what should the rest of us with real businesses call ourselves?

what should the rest of us with real businesses call ourselves

If you were using traction, I would find more agreement with you. On feature, you can make a lot of startups look like POS.

- twitter is an inputbox where you write some random crap about you

- facebook is a freakin ugly looking profile page

1. If you couldn't tell, those are what facebook and twitter launched as.

2. May be you should be figuring out how to make your "real business" as big as twitter and facebook? Of course, you'd hate that and you'll claim you are happy to be running what you already have. So are the tiny startup dudes you seem to be railing against.

You have a very narrow sense of what constitutes a "real business" or a startup...which is totally okay because it's just semantics. It's just not worth getting bogged down on.

Re: That's why I will never invest any money in your company

#30

Earlier quoted context omitted.

Barely making the salary of a really, really highly-paid person.

"highly paid" is relative. $10k/month in San Francisco is an average programmer's salary .. Once you deal with the realities of a business (unemployment insurance, health insurance, payroll taxes, franchise taxes, income taxes, cell phones, internet, hosting) it's not really a single FTE's salary in say SF, Seattle, or NYC.

If you want to live a programmer's lifestyle in San Francisco, then by all means keep your programming job. For my part, I decided that not having to enter comments into a spreadsheet marked 'Game Changers' was well worth a 75% pay cut.

The 'realities of business' are not expensive for a sole proprietorship, if you are frugal. At $10/k a month, I could live like a king.

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