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I bought back my acquihired startup

steveridout.com

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Re: I bought back my acquihired startup

#91

Earlier quoted context omitted.

dig has the worst output I've ever seen in a CLI tool. Fantastically useful when I've bothered to learn it, but it's just not intuitive. I always forget what everything means. What am I looking at here? The _lack_ of an answer section?

+short is your friend.

But why can't it be --short (or --quiet) like every other tool, so that I then have a chance of being able to remember it the 2-3 times/year I need it?

Re: I bought back my acquihired startup

#92
post #37

Earlier quoted context omitted.

From the company’s perspective it’s a straightforward calculation. Considering that this will only apply to failing products, the price they can expect to get for it is negligible, more so considering the buyer is going to be a handful of regular employees rather than a big company. So selling vs killing makes no material difference to their bottom line. On the other side, there’s a mountain of due diligence they hav…

> Considering that this will only apply to failing products Companies like Google often shut down products that would be called incredibly successful if they were a startup or small business. In $BigCorp, the yardstick is their main moneymaker, and if you are less profitable and don't fit in the larger strategy you can get cut simply to help the company keep focus on what's important.

On the other side, there are so many companies that would never really make it without a lifeline that extends into the hundreds of millions. Even after IPO, there are so many companies losing heaps of money. So maybe Google just doesn't want to be losing $100M a year for 10 years.

Re: I bought back my acquihired startup

#93

I cannot wait to use your website tomorrow. I've been dying for a resource to learn Serbian outside of the only book that exists ( pretty much ) and my own efforts in getting flash cards, childrens' books, etc. together. You're seriously a life saver, I cannot wait to try this out. I wish I had heard of it a year ago. _Thank you_. You have produce a connection to my heritage and ancestry that nobody else has, and I r…

Wow, how is it that there's only one instructional book to learn Serbian? There are many books to learn Norwegian out there (which I'm familiar with because I have learned a bit of Norwegian in the past), and fewer people speak it than Serbian.

I just think there's a lack of interest, which is a little sad. The culture is rich and fun, and the language is rhythmic and poetic. I wish more people would try to connect with their Slavic history!

Re: I bought back my acquihired startup

#94
post #62

I cannot wait to use your website tomorrow. I've been dying for a resource to learn Serbian outside of the only book that exists ( pretty much ) and my own efforts in getting flash cards, childrens' books, etc. together. You're seriously a life saver, I cannot wait to try this out. I wish I had heard of it a year ago. _Thank you_. You have produce a connection to my heritage and ancestry that nobody else has, and I r…

I would never say this in the Balkans but maybe take a look at Croatian/Bosnian resources as well. Nobody wants to admit it but it is basically the same language, heck was called Serbo-Croatian a few decades ago.

Oh definitely. They're pretty few and far between, too. I actually usually say that I'm learning "Yugoslavian" -- not as a callback to the country, but to the whole region. There are definitely slight differences, but they're all very similar languages, and looking into resources for all of them will be a great way to get an awesome view of the rich and diverse culture of the Balkan peninsula.

Re: I bought back my acquihired startup

#95

Earlier quoted context omitted.

I often think about this precise scenario. There are so many cases and times where a big company shuts something down that would be perfectly viable at a different scale. My previous company got acquired by Verizon and then shut down because it didn't scale to a $1B business within five years (or something like that). I'm not claiming it was a viable business in the first place (it probably wasn't) but now we'll neve…

There are similar examples within companies. For instance, I led the establishment and growth of a ~50m cyber security practice for a US vendor in a region. Ended up ~22% EBIT. Unfortunately the software business is >65% so my business was diluting regional performance. I got the call to slow down growth so I left. Ultimately they shut down the services altogether and gave it to channel. I offered to buy the services…

[dead]

Re: I bought back my acquihired startup

#96
post #75
post #67

Earlier quoted context omitted.

> One thing I noticed with some companies was that the yearly plan was very heavily discounted compared to the monthly one. To me that gave the impression of lacking confidence that monthly users will stick around long term, so I didn't want to do that. It probably reflects reality, but I can see the point of showing lack of confidence in the product. Not a language product, but Bumble (the dating app) at one point -…

I think it slightly works different with a dating app. In theory, if the app works you don’t need it anymore. So in their case, it is confident to offer a big discount.

In terms of the specific, very low, multiple you're of course right - a dating app is an extreme.

But the overall principle that you should expect the discount to reflect their estimated lifetime value of a customer unless the amount is high enough that the investment return can exceed the regular income. With the exception, as noted by conradfr, that if someone suddenly offers a steep discount it could reflect an attempt to raise expensive capital fast

Assuming you're aware of those factors, it's a useful way of gaining insight into customer retention (assuming they're competent enough to run the numbers...)

Re: I bought back my acquihired startup

#100

Hey, that's great! I was a Readlang subscriber for a few months last year and often had the thought "why isn't this better?". It even has a place on my (long, cluttered) list of potential ideas to work on. So I'm happy it will be revived and improved! Also, here's the note from my list on what I wished Readlang would do: "check out how News in Slow Spanish (newsinslowspanish.com/) turns each word into a hyperlink. Ho…

Thanks for the suggestion! I think in that case I'd probably want it to automatically combine certain adjacent words into phrases, which is definitely doable with AI but could be expensive to do for an entire text vs just paying for the words and phrases you click to translate like it does at the moment. Also, newsinslowspanish only turns some of the content into links - it makes an assumption as to which words you'l…

Yes, I'm sure it'll take some subtlety to do this well. My struggle with Readlang was always that it just doesn't provide the whole meaning -- for instance, a correctly translated phrase doesn't necessarily tell me what the individual words mean. IIRC I got to where I'd use both monitors: one with original language+Readlang, and one with Google Translate applied to see individual words, and yet another tab on that window to look up words as needed.

My dream Readlang would have been one where I could quickly context-switch or change to see all of that, but it would probably require some significant client-side data and programming to achieve.

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