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1.
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by
electric
17y ago
This is very relevant research. I actually agree with the findings based on the people I know who have started technology companies. I don't think it applies to the kind of people that YC is targeting - young, mobile, no dependents, able t
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by
electric
18y ago
I'm currently reading The Knack. It is a great book on how to actually build a business instead of a get-rich-quick, build-to-flip scheme. Talks about important things like cash flow. Ironically I don't know of many startup/business boo
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by
electric
18y ago
"Imagine what it would do to the VC business if the next hot company didn't take VC at all." No need to imagine. Just look North -- this is reality. Neither RIM (makers of the blackberry) nor Cognos (now IBM) took VC funding. VC has implod
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Next Facebook, Apple or Twitter Might Not Make It Under Obama or McCain Presidency
(abcnews.go.com)
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by
electric
18y ago
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1 comments
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by
electric
18y ago
>> 2.You can recruit better outside the fishbowl. I agree with this from experience!
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by
electric
18y ago
Time for a New Venture Animal: Ymwkcombinator
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by
electric
18y ago
Question for anyone who has dealt with angels: Is it normal for angels to take 600 hours to complete a deal -- from first meeting to signing on?
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by
electric
18y ago
This is not a very good comparison. Oil is a finite resource. You can increase infrastructure to get more but in the end there is no more than a finite amount of oil on the planet. 'Bandwidth' on the other hand is infrastructure dependent.
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by
electric
18y ago
Irony is that Chang would've likely failed to get Thoreau to eat at his restaurant. http://en.wikipedia.org/wiki/Henry_David_Thoreau
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by
electric
18y ago
The aftermath.
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by
electric
18y ago
I'm waiting for this one to show up here..."Studies find having startups makes people less happy." ;)
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by
electric
18y ago
That's Dr. Bezos.
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by
electric
18y ago
Just technical enough...? Brings to mind the oft-quoted "A little knowledge is a dangerous thing".
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by
electric
18y ago
Awesome article. But I really don't see how Chumby and Buglabs products are open-source hardware. these products are primarily comprised of chips and components that are closed-source.
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by
electric
18y ago
nickb=pg?
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by
electric
18y ago
congrats paul!!! who's the lucky girl?
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by
electric
18y ago
Nasty move indeed!
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by
electric
18y ago
How did you finance yourself (since you did it FT for 3.5 y)
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by
electric
18y ago
Ha! That made me laugh!
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by
electric
18y ago
Ok and I guess this is a lot different too... (the mgmt team bit) Q: What does the Band look for in their initial review? As with most venture funds, the Band seeks to invest in companies with a strong management team, unique technology and
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by
electric
18y ago
"But that usually implies an individual person" Not really... http://www.bandangels.com/ What's the difference between YC and these guys? Maybe in the amounts invested.
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by
electric
18y ago
"With that you get a very different corporate culture and overall "climate" if you will. This makes it a lot easier for an engineer to start a company and not being pushed to the background 1 year later by his investor's buddies." Hmm.... h
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by
electric
19y ago
"Isn't equity a big deal? I was employee #2 in a just funded startup. I ended up busting my ass the whole time only to realize that my equity was a fraction of what the founders took in." To be fair if you were an employee, i.e. you got pai
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by
electric
19y ago
So what happened to the Reddits and the Zenters? Lions roaming free and now caged lions as well. Okay maybe a little richer than other caged lions ;).
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by
electric
19y ago
So does this mean that Hacker News will soon be acquired by Google?
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by
electric
19y ago
Interesting... I have never found any of their (37signals) products useful either.
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by
electric
19y ago
>Any of you out there with passion in hardware? Perhaps a startup around hardware? Yes. >I think we have many software/web startups and not enough startups in hardware. I think we have the right number. ;)
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by
electric
19y ago
"Often it's the dropouts that start companies and the PhDs that join them." I don't agree with your statement. I think we hear more stories of dropouts starting companies because they are rare and make interesting stories. For instance: 1)
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by
electric
19y ago
"you're 30 and the hunger and energy is gone." If anything you know a lot more in your domain of expertise and are in a better position to start a co. Plus you're hungrier -- grad students make very little money. A formula for startup suc
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by
electric
19y ago
"I became a scientist in order to have the freedom to work on problems which interest me." I thought a more reasonable path to this would be to join a startup or three, get rich and then spend the rest of your life getting a PhD, working on
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