Earlier quoted context omitted.
I'm not sure what you're trying to say. You seem to be saying that investors won't fund companies that both make something people (want), and who work hard, and implying that YC also has that problem. But, YC is almost always investing in companies that have yet to make anything . Their entire business plan is about trying to predict which founders will have these two qualities.
Not a full rebuttal, but just a point to make: How many "founders" does Balsamiq have? 1. How many single founder startups does YCombinator fund?
Balsamiq hits $100,000 in revenue
71–73 of 73 posts
Re: Balsamiq hits $100,000 in revenue
#72Earlier quoted context omitted.
Thank you for the insightful reply.
Sorry about the inflammatory "hydrogen bomb" example - I couldn't think of a better way to express the thought (though maybe that's no excuse), but now I can: when looking for examples of companies that were harmed by opening sourcing their product, it's not the number of examples (find just "one"), but the proportion harmed, of those who open sourced their product. The thing is, not many companies have done it. Nets…
That is probably just the length of time to crank the paperwork through at their end. At some companies, taking only 3 months to buy something is considered quick! I appreciate it was frustrating but I'm sure no disrespect was intended.
Re: Balsamiq hits $100,000 in revenue
#73Earlier quoted context omitted.
Sorry about the inflammatory "hydrogen bomb" example - I couldn't think of a better way to express the thought (though maybe that's no excuse), but now I can: when looking for examples of companies that were harmed by opening sourcing their product, it's not the number of examples (find just "one"), but the proportion harmed, of those who open sourced their product. The thing is, not many companies have done it. Nets…
I found it very frustrating and disrespectful when people said they would buy a commercial license (I dual licensed), and then took three months to buy it. I clearly wasn't a priority - they didn't need to do anything; I was dependent on their goodwill. That is probably just the length of time to crank the paperwork through at their end. At some companies, taking only 3 months to buy something is considered quick! I…
However, switching to closed source did fix this problem, and I was still getting sales from large companies.