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Reverse YC funding program. PG, what's your thought?

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Re: Reverse YC funding program. PG, what's your thought?

#34
post #32

You haven't launched your startup yet, but in 20 months you will be financially set from its sale?

I took that as tongue-in-cheek bravado. If he really thinks it's certain that he'll be finally set in 20 months from a not-yet-launched-startup, he perhaps has more pressing things to worry about than what he'll do afterwards. Like launching, perhaps.

Re: Reverse YC funding program. PG, what's your thought?

#35
post #33

The problem is, sales and marketing people generally don't have good ideas for startups. Because they're not masters of the medium, they don't know what's possible.

They often do know what's needed, though. Most of the time their ideas won't be feasible, at any level of technology (I think this idea may be an example). But once in a while they might come across something that's just on the edge of possible, if they find someone who knows the tech well enough to know where the edge is.

Re: Reverse YC funding program. PG, what's your thought?

#36
post #17

This is a great idea, because sales and marketing geniuses are really really useful when you have don't have a product and don't know how to build one.

Yep and to those who dont believe than you must believe the following "Build it and they will come". I dont.

Or maybe you'd have to believe something like "they won't come if you don't build it."

Re: Reverse YC funding program. PG, what's your thought?

#37
post #7

How would you provide the technical help?

Hire developers for 2 months and work on the apps. Invest 15,000 for development like PG maybe. I mean guy launched truemors for 12K

And Truemors is a piece of shit. And Guy is famous.

15K is enough when you have motivated founders who own half the company and are willing to eat ramen and sleep on cots for 3 months to realize their dreams.

It is not enough to hire the equivalent programming talent for 3 months to work on an idea by non technical founders.

Re: Reverse YC funding program. PG, what's your thought?

#38
post #27

Earlier quoted context omitted.

Correct me if I am wrong. But I believe in those situations they would fund your idea and let you hire techies. Now how can you hire a dev when you do not know what ajax is? So the program would will provide the best teams and ideas with technical support. People who know the differnce between php and ruby and scaling and browser based etc....

You're saying that you would help the marketing/sales guy outsource the programming, right? So how are you going to defend your product against anyone else that has $15k?

What do you mean?

Re: Reverse YC funding program. PG, what's your thought?

#39

Earlier quoted context omitted.

Partner. "Difficult takes a day, Impossible takes a week." This is how revolutions are started

The problem with startup hiring isn't that you need to think harder about it, it's that it's an inherently low-information situation. The factors that make a good employee often depend as much on what the startup is doing and how that squares with the employee's goals rather than any innate personnel factors. For example, I'm leaving my day job. My reasons for this are complex and I'm not going to air all of them in…

Good point. The issue is easily solved by making developera part of the program by choosing whcig projcts they would like to work on the most and why

Re: Reverse YC funding program. PG, what's your thought?

#40
post #33

The problem is, sales and marketing people generally don't have good ideas for startups. Because they're not masters of the medium, they don't know what's possible.

Call me crazy but it feels good to have PG comment. To get back to your comment, I respectfully disagree. that is like putting a limit to the power of thought. Think about manufacturing. How many clothing line make millions of dollars and are highly successful, but the founder can't even use a sewing machine. Same for moms who make millions because they thought of a crazy fork-knife combined and hired a manufacturer to make a prototype. Or how many people own a Italian restaurant and are American and never been to Italy and don't know how to cook. It all start with what if if I can say that, then I just need to get up and go find someone to make it. Excuse the typo, suretype is still at its primitive stage.
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