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That's why I will never invest any money in your company

fseek.me

1–10 of 38 posts

Re: That's why I will never invest any money in your company

#3
post #2

[deleted]

Are you referring to all of those micro-acquisitions that Google and others seem to do? Personally, I'm not very interested in working insane hours on a project with hazy revenue potential only to be acquired for the equivalent of a nice signing bonus. Maybe if these companies had a clear path to profitability, their suitors would be more interested in the product.

Re: That's why I will never invest any money in your company

#4
"Even if you have 100,000 users and 1,000 pay for your paid account. If you charge $10 per month, you are still making only 10k per month, barely making the salary of one person. No one will invest in a company like that."

If I have a side project pulling in 10K a month, I don't really care if nobody wants to invest. I've already succeeded.

Re: That's why I will never invest any money in your company

#5
post #4

"Even if you have 100,000 users and 1,000 pay for your paid account. If you charge $10 per month, you are still making only 10k per month, barely making the salary of one person. No one will invest in a company like that." If I have a side project pulling in 10K a month, I don't really care if nobody wants to invest. I've already succeeded.

Barely making the salary of a really, really highly-paid person.

Re: That's why I will never invest any money in your company

#6
post #4

"Even if you have 100,000 users and 1,000 pay for your paid account. If you charge $10 per month, you are still making only 10k per month, barely making the salary of one person. No one will invest in a company like that." If I have a side project pulling in 10K a month, I don't really care if nobody wants to invest. I've already succeeded.

Barely making the salary of a really, really highly-paid person.

On the side of whatever you do normally, to boot.

Re: That's why I will never invest any money in your company

#8
While I agree that most of the "review my " here are pretty Lame I must say that this post entirely misses the point.

So what if the authors of these project chooses to call them startups. Nobody has a right or the power to decide what is a startup or not.

Especially not some guy with a whiny attitude.

Re: That's why I will never invest any money in your company

#9
The tone of your post smells of too much hate. You sound like someone who could write a cool-headed post explaining when you think startups should try to raise money and when they should just enjoy the passive income from a weekend project.

Also, don't forget the biggest hit of this decade(facebook) was a college kid's side project just some years ago. As was twitter. And many others.

Re: That's why I will never invest any money in your company

#10

While I agree that most of the "review my " here are pretty Lame I must say that this post entirely misses the point. So what if the authors of these project chooses to call them startups. Nobody has a right or the power to decide what is a startup or not. Especially not some guy with a whiny attitude.

So if the little website that takes text you type in and gives you a URL that has that text shown REALLY BIG is now defined as a Startup, what should the rest of us with real businesses call ourselves?
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