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$200k in sales from a $6k advertisement

wifidabba.com

31–40 of 109 posts

Re: $200k in sales from a $6k advertisement

#32

3% is good but fairly common conversion rate for an ad. Not really groundbreaking nor newsworthy. But why it's on HN then? The answer - you are the product and HN is a marketplace. This makes HN kind of spoiled place to be at, as it amplifies the illusion of "good things" you "must have" or "participate in". I really miss the golden era of BYTE magazine in the 80s. That was a classy act. But what we have now is a noi…

They are also a YC company so naturally they'd post and promote their product and growth here.

Re: $200k in sales from a $6k advertisement

#33
post #28

3% is good but fairly common conversion rate for an ad. Not really groundbreaking nor newsworthy. But why it's on HN then? The answer - you are the product and HN is a marketplace. This makes HN kind of spoiled place to be at, as it amplifies the illusion of "good things" you "must have" or "participate in". I really miss the golden era of BYTE magazine in the 80s. That was a classy act. But what we have now is a noi…

I hope you've never visited Producthunt ;) Clap

More people NEED this sentiment.

I kid you not, the last time I accidentally visited Product Hunt there was literally an app on the front page intended for the sole purpose of "mapping where you've cried". This type of Indie Hackers (as much as it saddens me to say) hype noise is nothing but counter-productive to "helping" side project hackers or aspiring founders.

Re: $200k in sales from a $6k advertisement

#34
The project is very interesting and I hope it succeeds, yet from a financial perspective I do not understand why to fund it through retail investors/franchise model/crowd debt funding.

From an investor's perspective there is limited upside with full default risk, yet the risk is hardly addressed. If the risk really was low, then why not self-fund the first X PoPs and convince with data on customers, ROI etc.?

See also https://news.ycombinator.com/item?id=24799084

Re: $200k in sales from a $6k advertisement

#35
post #34

The project is very interesting and I hope it succeeds, yet from a financial perspective I do not understand why to fund it through retail investors/franchise model/crowd debt funding. From an investor's perspective there is limited upside with full default risk, yet the risk is hardly addressed. If the risk really was low, then why not self-fund the first X PoPs and convince with data on customers, ROI etc.? See als…

[deleted]

Re: $200k in sales from a $6k advertisement

#36
post #34

The project is very interesting and I hope it succeeds, yet from a financial perspective I do not understand why to fund it through retail investors/franchise model/crowd debt funding. From an investor's perspective there is limited upside with full default risk, yet the risk is hardly addressed. If the risk really was low, then why not self-fund the first X PoPs and convince with data on customers, ROI etc.? See als…

Same question, why not “laser focus” your efforts on convincing one technically proficient investor with deep pockets, rather than having to convince 100s-1000s via crowd-funding?

Is it that investors need to provide the roof top too, so it’s a way to reach out to property owners?

Re: $200k in sales from a $6k advertisement

#37
post #34

The project is very interesting and I hope it succeeds, yet from a financial perspective I do not understand why to fund it through retail investors/franchise model/crowd debt funding. From an investor's perspective there is limited upside with full default risk, yet the risk is hardly addressed. If the risk really was low, then why not self-fund the first X PoPs and convince with data on customers, ROI etc.? See als…

Same question, why not “laser focus” your efforts on convincing one technically proficient investor with deep pockets, rather than having to convince 100s-1000s via crowd-funding? Is it that investors need to provide the roof top too, so it’s a way to reach out to property owners?

Great question. There's a few reasons. First, It's taken ~20yrs, the Indian government, 15 telecom companies and more than $200B to bring ~600M out of 1B Indians 4G. Broadband deployment is more expensive and currently only 20M Indians have 10mbps or greater 'broadband' connections. Even at Wifi Dabba's dramatically lower deployment cost, the price tag to connect 500M Indians is enormous and we're not willing to wait 20 years. Even if we're insanely successful and we raise a ridiculous amount of capital, the sheer magnitude of capital required is crazy high. Second, The reason net neutrality, censorship and other malaise that ails the internet happens is because of the high deployment cost of broadband networks, this automatically makes ownership of these networks only accessible to nation states and mega large corps. Power becomes centralized. This approach we are taking at Wifi Dabba is one small step in exploring more scalable ownership, deployment and maintainence models. The basic logic is this, as the price of broadband distribution tech goes down, the more number of people that can afford to buy and distribute it and therefore everyone gets connected faster. We'd like to accelerate that process. We have raised venture capital from YC and others and will continue to do so, but we also have a really strong focus on the long view.

Re: $200k in sales from a $6k advertisement

#39
I have to commend this article for actually doing the thing HN constantly demands. The article introduces the company and the problem it's solving to contextualize the story, rather than assuming you're a faithful reader of their newsletter. The article structure here assumes a successful viral spread out of its little bubble into the wider world, where people have no idea what this company is.

Copywriters working for HN-adjacent companies: please, copy the structure of this article!

Re: $200k in sales from a $6k advertisement

#40

Earlier quoted context omitted.

40W typical usage. Wavelength 1535nm - 1565. Birds haven't been much of an issue in our testing over the last 12 months.

So, 1500nm is infrared range and 40W quite serious output I guess at the close range can be a quite dangerous... For instance this is 500mW laser: https://www.youtube.com/watch?v=HuceDT2R4f4

A laser cutter is not at all the same as a laser transmitter. The beam focus, wavelength, emission pulse, etc. are all different to the point where comparing power outputs is not a good idea.
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