Live data from Hacker News

CEO of Svpply: I have no idea what I'm doing

pieratt.tumblr.com

41–50 of 73 posts

Re: CEO of Svpply: I have no idea what I'm doing

#41
I liked reading it, and I can't help but root for the guy.

That said, startups don't need people who like them so much as they need people who trust them. As an investor, customer, or employee, I do need to know that the founder can tell what problems are on the horizon, and is brutally honest about which ones will be challenging. But I also need to know that he'll take care of them, or if not, that he'll hire someone who will (or, if an employee, he'll tell me to do it).

But founders aren't superhuman, and the money involved in successful acquisitions is so high that there are a lot of "companies" working on marginal ideas---ideas that might be big, or they might not, often depending on factors beyond founder knowledge. And at this point I think VC's have to own the responsibility for investing in a high-risk industry.

Re: CEO of Svpply: I have no idea what I'm doing

#42

This epitomizes the problem with fresh-out-of-school "founders" who view their startup as some sort of a post-grad experience. The guy mentally still is in a high school, but is supposed to be a responsible adult running a company. Every businessman has challenges running their business, but not every challenge is something that has to be known publicly. Business is supposed to be ran from the quiet office, not from…

It's worth noting that one of his actual investors doesn't look pissed off at all, but is understanding and pleased with Ben's self awareness:

http://bijansabet.com/post/5452994900/but-i-have-zero-experi...

Re: CEO of Svpply: I have no idea what I'm doing

#43
post #11

Earlier quoted context omitted.

Do you honestly believe a single person is going to stop using svpply because they read that the founder / ceo is realistic about the challenges coming his way?

I have no idea, and that's my point. I think it will have unforseeable effects. Interaction with future business partners, friends, talks with possible employees who read it and decide not to apply. Everything is coloured from now on.

you cannot make the argument that unforseeable effects are patently bad. You're contradicting your terms, and arguing that you have an inkling that it would be bad, rather than, possibly, good.

Re: CEO of Svpply: I have no idea what I'm doing

#46

I am very grateful for this post. One of the most common pieces of valuable feedback I got before starting my company (as a sole founder) is that I need to keep going no matter what - especially in times of self-doubt. I always considered myself to be confident, and self-assured (not obnoxious, just confident)...but starting a company is a completely different cup of tea. I have both a Computer Science degree + an MB…

Completely agreed. I'm a sole founder as well and my friends keep telling me "wow, you really know your stuff" but in reality I have no idea what I'm doing.

I spend all my time in a state of confusion.

But after a while you get used to it, actually. And you just keep going and learn as you go.

Re: CEO of Svpply: I have no idea what I'm doing

#47
post #24

Earlier quoted context omitted.

This is an attitude I've never agreed with. Say you're an investor. Would you rather this CEO put on an I-know-what-I'm-doing face, and imply that he's got this all under control? Or would you rather he be upfront about his lack of experience but determination to get it right by learning and surrounding himself with smart people that can help him? Maybe he fails, maybe he doesn't. At least you know what you're gettin…

> Would you rather this CEO put on an I-know-what-I'm-doing face, and imply that he's got this all under control? Up front in my office or up front in a public blog? I certainly wouldn't want him scaring off potential deals with over-the-top candor. > Dishonesty is dishonesty no matter how you cut it. This is a ridiculous assertion. If you walk around saying every true thing that comes into your mind at best you'll b…

You lie for PR. This blog post seems to be great PR, going for an honest approach to the realities and approaches of heading up a company. What potential deals is he scaring off? Instead a group of intelligent individuals are now exposed to not only him, his integrity, and his product. I had never heard of svpply before today.

I call that a PR win.

Re: CEO of Svpply: I have no idea what I'm doing

#48
post #24

Earlier quoted context omitted.

This is an attitude I've never agreed with. Say you're an investor. Would you rather this CEO put on an I-know-what-I'm-doing face, and imply that he's got this all under control? Or would you rather he be upfront about his lack of experience but determination to get it right by learning and surrounding himself with smart people that can help him? Maybe he fails, maybe he doesn't. At least you know what you're gettin…

If I'd be investor, I'd prefer my CEO tell the truth in my face, not in the blog post for the rest of the world to see.

Are you an investor?

Re: CEO of Svpply: I have no idea what I'm doing

#49
post #39
post #13

It's a shame so many of the comments here are criticizing this guy for not lying more.

You don't have to lie, but MUST know when to shut the hell up.

To quote Atmosphere:

"Now, when you come to apply for a job Don't tell 'em you're homeless 'Cause I promise they won't hire you And if they like your songs Just nod your head and play along Never tell 'em what inspires you I bet my fans know me better than my friends do Because my friends don't pay that much attention The fans memorize every single sentence Which makes them far too smart to ever start a friendship I need to start writing pieces about other people's problems 'Cause strangers are starting to get worried I'm in a hurry to try to slow the system down a bit And find happiness before I hit thirty"

Post reply on HN