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Fouling Out and Moving On (re: Notifo Shutdown)

blog.jazzychad.net

21–30 of 59 posts

Re: Fouling Out and Moving On (re: Notifo Shutdown)

#21

Sorry to hear the news. Also, I had no idea Paul Stamatiou left to join Picplum. How often do YC alums jump from a still running startup to another? Is it common?

We were going to make that news public, but then we were advised against it. So we didn't. I still have the post in my drafts folder. I will post it someday as it does contain some important lessons.

Re: Fouling Out and Moving On (re: Notifo Shutdown)

#22

Sorry to hear the news. Also, I had no idea Paul Stamatiou left to join Picplum. How often do YC alums jump from a still running startup to another? Is it common?

We were going to make that news public, but then we were advised against it. So we didn't. I still have the post in my drafts folder. I will post it someday as it does contain some important lessons.

Ahh I see. Well, either way, best of luck at Twilio for now, and a startup in the future :)

Re: Fouling Out and Moving On (re: Notifo Shutdown)

#24
Thank you for your post as it gives us a much needed dose of realism when everyone dreams of hitting it big. It's not to disuade people from following their dream, but to realize the extent of challenges they will face.

I look forward to your post-mortem article. I wish more startups who do not "make it" come out and write about their experience so that we don't hear only about the successful ones. I certainly admire people who are successful, but I truly respect those who fail and are not afraid to admit it and learn from what went wrong.

Re: Fouling Out and Moving On (re: Notifo Shutdown)

#25
This is so hard to say that as a founder. You've went through all the YC programs, see lots of friends/startups succeed, you keep hearing things like "Never give up".. but there's come a point where "You see things from a new perspective" and at this moment you need to decide either to continue, stop or pivot.

I always liked the concept behind notifo.. but also was wondering how it'd make money. But then, you can think of hundreds of startups and think the same way "How would they make money!?" and still, they're there for years and years. (Twitter someone?)

Re: Fouling Out and Moving On (re: Notifo Shutdown)

#26
post #16

Chad, did you try to position company for a talent acquisition? Can you lend insight into why this was not a good exit option for Notifo?

Yes, I did. I'm debating whether or not to write much detail about this in a separate post... but the gist is that the big companies were not interested in acquiring a one-person team, literally destroying any chance of a talent acquisition. Another strike against single-founders.

That may be a strike against being a single founder, but it seems like a strike in favour of single-founder startups: Because they don't have "talent acquisition" as an exit option, they're more likely to avoid dying.

Re: Fouling Out and Moving On (re: Notifo Shutdown)

#27
post #25

This is so hard to say that as a founder. You've went through all the YC programs, see lots of friends/startups succeed, you keep hearing things like "Never give up".. but there's come a point where "You see things from a new perspective" and at this moment you need to decide either to continue, stop or pivot. I always liked the concept behind notifo.. but also was wondering how it'd make money. But then, you can thi…

So true - for that matter, Dropbox, anyone?

Re: Fouling Out and Moving On (re: Notifo Shutdown)

#28
post #27
post #25

This is so hard to say that as a founder. You've went through all the YC programs, see lots of friends/startups succeed, you keep hearing things like "Never give up".. but there's come a point where "You see things from a new perspective" and at this moment you need to decide either to continue, stop or pivot. I always liked the concept behind notifo.. but also was wondering how it'd make money. But then, you can thi…

So true - for that matter, Dropbox, anyone?

If it weren't for the generous free tier, you'd never say that. File storage is something people pay good money for, even when it doesn't have magic sync and sharing

Re: Fouling Out and Moving On (re: Notifo Shutdown)

#30
post #27
post #25

This is so hard to say that as a founder. You've went through all the YC programs, see lots of friends/startups succeed, you keep hearing things like "Never give up".. but there's come a point where "You see things from a new perspective" and at this moment you need to decide either to continue, stop or pivot. I always liked the concept behind notifo.. but also was wondering how it'd make money. But then, you can thi…

So true - for that matter, Dropbox, anyone?

Yeah.. I felt like Dropbox was easy to figure out how to make money (I.e. pay for storage). However, what seemed impossible was, "There's already x,y,z competitors in the field with years in advance..." And now, look at them :)
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