David Heinemeier Hansson's Speech about Making Money at SS2008

Re:David Heinemeier Hansson's Speech about Making Money at S... by tptacek on Saturday April 19, 2008 @05:44PM (#168161)

"His product" is Basecamp, not Campfire; a tiny fraction of their revenue comes from Campfire.

Most people would take good odds of running a multi-million dollar business over infinitessimally small odds of flipping and retiring. And he's obviously right about the odds: what percentage of YC companies have flipped?

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Re:David Heinemeier Hansson's Speech about Making Money at S... by davidw on Saturday April 19, 2008 @06:05PM (#168164)

Ok, but the point that the economics of information goods are often quite different from physical products is a valid one. That said, the idea that you should look for markets that aren't winner take all, where you could have a sustainable, mid-sized business, is a good one.

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Re:David Heinemeier Hansson's Speech about Making Money at S... by tptacek on Saturday April 19, 2008 @06:51PM (#168184)

There is a difference between an entrepreneur and a speculator.

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