Re:Working hard or hardly working? VC-backed startups vs. Bo...
by edw519 on Friday March 14, 2008 @01:29PM
(#136932)
Yes, it makes perfect sense.
"we don't believe anybody has reliable predictive power over when that "non-refundable vote" will show up in your bank account"
Neither do I. But if you do things right, you can make a pretty good guess. There's a big difference between building something cool and hoping it sticks, and being directed by those who would buy. A lead, of course, is NOT a check. Obviously, you must know this already.
Re:Working hard or hardly working? VC-backed startups vs. Bo...
by hillel on Friday March 14, 2008 @02:02PM
(#136964)
Agreed on all fronts. Of course, doing ad-supported projects in the consumer market make the lead-to-sale connection much more tenuous/indirect.Whether that's a logical path is of course an entirely different debate. ;)
@edw519: We're certainly big fans of revenue. We even have a non-trivial amount of it (for a 3 person startup). :) The whole point of the post is that we don't believe anybody has reliable predictive power over when that "non-refundable vote" will show up in your bank account. And because of that, submitting to artificial deadlines on when the revenue should arrive can lead to overworking the team. Make sense?