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Tiny

tinycapital.com

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Re: Tiny

#51

Post by dmitriid »

kulikalov wrote: post #41
dmitriid wrote: post #9

Earlier quoted context omitted.

> profit too low > important growth metrics > product storytelling Yup. Everything that's wrong with (predominately US) modern business culture. Product doesn't matter, storytelling is. Nothing matters, inflated growth metrics do. Profit doesn't matter unless it's high (for some definition of high), but even that doesn't matter if you have hyperinflated growth metrics.

It seems to me that the opposite tendency would vastly decrease the pace of innovation

> vastly decrease the pace of innovation

What innovation?

Re: Tiny

#52

Post by educatedfool »

brtkdotse wrote: post #18
movedx wrote: post #14

Earlier quoted context omitted.

And not actually caring about the problem at hand. "Dude! We could make so much money if we made X!" - but do you actually care about X? Why is money the only reason people are setting up business and solving problems? It should be secondary, a happy side effect of solving hard problems (which people will thank you for with money.)

Because people want to pay their rent and eat. “Hard problems” take a lot of work and time and no one is going to pay me to ponder on a tricky algorithm [1] [1] actually there is. It’s called “academia” and from what I’m told it’s pretty miserable to be in

Agree. Very hard problems or big investments (e.g. rail network, infrastructure at a country level, basic research with high risk of failure that will take decades) you usually have some form of state agency running it.

PS: have not heard a good word about academia from numerous friends in it. Might be regional (EU) but still...

Re: Tiny

#53

Post by diordiderot »

mkl wrote: post #50
diordiderot wrote: post #43

Earlier quoted context omitted.

Just a heads up that you don't need to add a new ≪ for each line of text in the text area, everything after the first ≪ will be quoted untill you double 'enter'. Cheers

Not really. HN doesn't support any quoting syntax/formatting. There's a common convention in use of putting a ">" (not "<" or the more relevant ">") at the start of a quoted paragraph. The "problem" with the above comment is they indented the quote, which formatted it as code, which wraps strangely, so they wrapped it manually.

Oh very silly of me. Thanks for the correction.

Re: Tiny

#54

Post by dmitriid »

onion2k wrote: post #37
dmitriid wrote: post #9

Earlier quoted context omitted.

> profit too low > important growth metrics > product storytelling Yup. Everything that's wrong with (predominately US) modern business culture. Product doesn't matter, storytelling is. Nothing matters, inflated growth metrics do. Profit doesn't matter unless it's high (for some definition of high), but even that doesn't matter if you have hyperinflated growth metrics.

Everything that's wrong with (predominately US) modern business culture. You're confusing "business" with "investment". Business is the act of making money right now. Buying stuff, selling stuff, providing services, and making enough money to keep the lights on. That's really important stuff. That's how we pay our mortgages and buy food and XBoxes. When you're running a business that stuff should always be front and…

> Business is the act of making money right now.

No idea what type of business you're running. Businesses always looks ahead (unless it's a scam-and-run operation, of course). And investment is also business.

However, the incentives have now been twisted beyond all recognition.

Re: Tiny

#55

Post by bjarneh »

Cthulhu_ wrote: post #42
bjarneh wrote: post #31

Earlier quoted context omitted.

> you have to prove it is stable, profitable, and growing. I just cannot imagine selling my business if everything was pointing upwards like that.. but people are different I guess

I can; it's if you want to cash out now instead of accumulate money over the next twenty years. Plenty of people who do that trick (start a company, cash out) a few times. They call themselves "serial entrepreneurs", which either means the above, or they've left behind a long string of failed businesses.

> or they've left behind a long string of failed businesses.

The best kind of serial entrepreneur :-)

Re: Tiny

#57

Post by bjarneh »

TAForObvReasons wrote: post #33
bjarneh wrote: post #31

Earlier quoted context omitted.

> you have to prove it is stable, profitable, and growing. I just cannot imagine selling my business if everything was pointing upwards like that.. but people are different I guess

The website gives an example: > You've got early employees, investors, or a co-founder who wants to leave or cash out. You want to swap them for a friendly new face who can add value and help you grow the business. This is common in professional groups (like law firms or medical practices) when a partner is looking to retire.

Selling out is common; I just hope and think I would not do it, but who knows. I've never been in the position to sell out :-)

Re: Tiny

#59

Post by Tepix »

mbo wrote: post #30
yrral wrote: post #27

Earlier quoted context omitted.

I recently learned this has become a meme and is called (amongst other names) "globohomo" art style. https://knowyourmeme.com/memes/subcultures/corporate-art-sty...

A more politically correct name suggested by Consumer Aesthetics Research Institute is "Corporate Memphis": https://cari.institute/aesthetics/corporate-memphis

"globohomo" meaning "globalized homogenization". Nothing to be offended by.

Re: Tiny

#60

Post by CryptoPunk »

This reminds me Apple in the early 2000s: a simple message promising a fundamental improvement in some aspect of the world.

If it lives up to the message, this would grow into a massive fund, just as Apple grew into a trillion dollar plus company, and like Apple, this capital would enable this company's to realize its vision at a global scale.

The free market is a beautiful thing.

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