Why We're Not Raising Funds
21–30 of 46 posts
Re: Why We're Not Raising Funds
#22https://itunes.apple.com/fi/app/calcable-spreadsheet-calcula...
Re: Why We're Not Raising Funds
#23A lot of people believe that raising capital is completely necessary for your business to succeed. However, many do it and achieve great success. Not raising money slows growth in most cases but what you gain in control and complete ownership outweigh the the risk. It's not for everyone but I feel like raising money is the benchmark for success in people's minds. Which to me has always been silly. Raising funds is no…
Also, it's that head-turning thing. They say "we raised X" and you start listening. I had something similar with my downloads count. Honestly, I didn't think 1 million is all that special, but over time I learned I should start most of my pitches with. People just start to listen.
Re: Why We're Not Raising Funds
#24Earlier quoted context omitted.
afandian, This app is just an MVP, the future hopefully is much bigger. On of the reasons is "because it's what startups do" and "everybody thinks that's the next step". I do have needs (development, content creation and in-house marketing team), but none of them are a must-have, I can do it a bit slower with whatever means I have at my disposal.
What does "the future hopefully is much bigger" mean for a calculator application? Competition with Wolfram Alpha? Unless you're doing something on that scale, I can't imagine what you mean.
Also from the site "Humans make mistakes. This app doesn’t."
Bold claims.
But I could imagine something like WA with a nice mobile interface being a must have app.
Re: Why We're Not Raising Funds
#25Good read but it may be nice to add the word "yet" to the end. The author clearly says at the end that 'So, if it's going to happen, it will be because they will have knocked on our door, not me knocking on 50 of their doors" I have a very small web based business that has the potential to be a $50MM business as well but I am always worried about the same thing if investors even care to blink unless we promise a $1B…
Furthermore, why would you want to raise money if your market cap is $50MM? If you were to raise, you'd likely have to exit for upwards of $300-500M to have the same exact returns as not raising. A bootstrapped, $50MM company is absolutely nothing to scoff at.
Re: Why We're Not Raising Funds
#26Re: Why We're Not Raising Funds
#27Earlier quoted context omitted.
afandian, This app is just an MVP, the future hopefully is much bigger. On of the reasons is "because it's what startups do" and "everybody thinks that's the next step". I do have needs (development, content creation and in-house marketing team), but none of them are a must-have, I can do it a bit slower with whatever means I have at my disposal.
What does "the future hopefully is much bigger" mean for a calculator application? Competition with Wolfram Alpha? Unless you're doing something on that scale, I can't imagine what you mean.
"Much bigger" doesn't need to mean we're gonna send people to Mars. Solving even small problems for tens or hundreds of millions of people qualifies as "much bigger" for me.
Re: Why We're Not Raising Funds
#28Why does your app ask for my location even when i'm not using the app?
It's a bit embarasing, but I'm not sure. I released it in June or July and didn't notice it for a long time (wasn't an iOS user). Then we've been working on a complete rewrite for a long time. The new release awaits App Store review.
Re: Why We're Not Raising Funds
#29Did you use any cross-platform frameworks for developing this?
Re: Why We're Not Raising Funds
#30Earlier quoted context omitted.
What does "the future hopefully is much bigger" mean for a calculator application? Competition with Wolfram Alpha? Unless you're doing something on that scale, I can't imagine what you mean.
Made my day, thank you. Also from the site "Humans make mistakes. This app doesn’t." Bold claims. But I could imagine something like WA with a nice mobile interface being a must have app.