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A comment on Startup School: Every Company That Applied Is Now Accepted. Parent comment

Re:Startup School: Every Company That Applied Is Now Accepted by tragicjordan on Tuesday August 21, 2018 @12:01PM (#17810791)
Having $15k MRR means you actually are a company. What value am I going to get from people who haven't even gotten to that point yet?

It's a pretty good barometer for success - 99% of founders don't get to that point.

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Re:Startup School: Every Company That Applied Is Now Accepted by mindcrime on Tuesday August 21, 2018 @12:20PM (#17810958)
What value am I going to get from people who haven't even gotten to that point yet?

Who knows? Why do you think only people who have gotten to $15K MRR can offer value?

I agree it's something of a signal, but I'd personally consider that a very weak signal. shrug

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Re:Startup School: Every Company That Applied Is Now Accepted by tragicjordan on Tuesday August 21, 2018 @01:17PM (#17811628)
You don't see the difference in value between someone who has built a company that's making nearly $200k a year vs someone who hasn't?

In that case, we fundamentally disagree, and this discussion is fruitless.

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Re:Startup School: Every Company That Applied Is Now Accepted by mindcrime on Tuesday August 21, 2018 @02:23PM (#17812296)
$200K a year is shit though. Just because somebody can get to that level doesn't mean they're going to tell you anything useful for getting to $500,000,000 / year. That's why I say it is a signal, but it's a very weak signal.

There's also the problem that you don't know the value of the hypothetical "person who hasn't gotten to $15K MRR" yet. If they started their company 2 weeks ago, they probably have an MRR of $0. Does that mean that they have nothing of value to tell you? That depends on a lot of other variables.

Anyway, you're probably right... we probably just have fundamentally differing world-views. I lean towards the "you can learn something for everybody" mindset, and try to late-bind judgment on people's value as advisers until the last possible moment.

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