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So long, and thanks for all the fish

tipjoys2cents.blogspot.com

51–60 of 100 posts

Re: So long, and thanks for all the fish

#51
The whole story seems to repeatedly wave the arms and shout:

"Hey, Twitter! Hey, Facebook! Here we are! We know how to do this! Hire us, hire us, hire us!!!".

At least that's how I read the story. And I'm quite convinced it's their intent. Which shouldn't be a bad thing too.

Re: So long, and thanks for all the fish

#53
This is really sad news...we had the pleasure of working with them to integrate the TipJoy API on an experimental project called MightyTweets. Even though our project didn't go anywhere, they were fantastic to work with.

I wish them the best of luck in whatever they do next!

Re: So long, and thanks for all the fish

#54
See Chagora (dot) com and CulturalEngineer.blogspot (dot) com (why chagora, live debate function and other related posts) for the role of the Pooled-User-Determined Account and the microtransaction as essential in politics and a catalyst for enabling the practical micro (and other)transaction in charity and commercial areas. The political microtransaction is a fundamental of speech. I believe this could have made Tipjoy workable. Sorry I couldn't reach you. I tried.

Re: So long, and thanks for all the fish

#56
post #55

What about poker night? Still hosting it in Arlington?

Alan (of Cloudant) is tryng to take the reigns but we haven't had lot of interest (granted, only a couple days notice this week). Subscribe to boston-startup-poker@googlegroups.com for more info.

Re: So long, and thanks for all the fish

#57
Sorry to hear, my friend. I had a hunch it was coming; why move back to SF unless you were soon to be in need of a job (or fresh investors for TipJoy 2 ;)?

I'm, impressed though. You stuck with it for a long time and handled the shutdown right and without a ton of fanfare. If only you hadn't lost all that money to me in Poker, you might have been able to keep running... ;)

Give Abby my best!

Re: So long, and thanks for all the fish

#58
post #51

The whole story seems to repeatedly wave the arms and shout: "Hey, Twitter! Hey, Facebook! Here we are! We know how to do this! Hire us, hire us, hire us!!!". At least that's how I read the story. And I'm quite convinced it's their intent. Which shouldn't be a bad thing too.

So?

Re: So long, and thanks for all the fish

#59

Earlier quoted context omitted.

"Profitability enough to offset opportunity cost" Interesting thought. One can make a (conceptual) ladder with "ramen profitable" being rung 1 and "opportunity profitable" being rung 2.

I use some different terms (as a business coach, with my team's frameworks etc) but the point is valid. Getting "ramen profitable" helps give a business owner confidence, which we call "the first brick wall of business". The only way out of this in a positive, growth direction is to invest in the right things and get profitable - and that means genuinely profitable, not just paying yourself $12K/yr and ignoring the o…

The first may be disappointing but the second can be soul-crushing.

I don't have the hubris to say I can judge which is worse.

Re: So long, and thanks for all the fish

#60

Earlier quoted context omitted.

Give, or sell, shares? I am just wondering if you consider YC involvement so valuable that you would actually hand over shares just to have them on board in a venture.

thats quite common for advisary board positions (usually < 1%)

It's surprising isn't it? that's the same amount you'd give an early engineer. Makes it sound like advisory board positions add an equal amount of value.
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