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Re:Lessons From a Failed Startup — From and For First Time F... by seizethecheese on Thursday September 20, 2018 @04:50PM (#18035349)
Famously, this is what Justin.tv did. They split the company into three parts:

1) Justin.tv 2) Twitch 3) SocialCam

I suspect if they had to choose one, they would have done SocialCam, and they would have missed the billion dollar opportunity that was Twitch.

Like most things, it depends.

Re:Lessons From a Failed Startup — From and For First Time F... by mwseibel on Thursday September 20, 2018 @06:30PM (#18035943)
We did both for a relatively short period of time (about 1 year) when we were a profitable company. So... very special circumstance. Btw - its kinda cool that people even know the backstory to Twitch.
Re:Lessons From a Failed Startup — From and For First Time F... by anoncoward111 on Thursday September 20, 2018 @06:42PM (#18035994)
HackerNews proving once again that you can get incredible insight in real-time from names big and small :)
Re:Lessons From a Failed Startup — From and For First Time F... by seizethecheese on Thursday September 20, 2018 @07:01PM (#18036076)
Credit to the team having both you and Justin as great story tellers.
Re:Lessons From a Failed Startup — From and For First Time F... by syntaxing on Friday September 21, 2018 @04:18PM (#18042369)
I remember listening to you guys talk about your experience starting the company on a podcast (I think it was Startup from Gimlet media?). It was an awesome episode (I think two actually) and was very inspirational to listen to. I love the part when you guys received the money during one of the founders' wedding and seeing the number on the bank account.
Re:Lessons From a Failed Startup — From and For First Time F... by owens99 on Friday September 21, 2018 @06:19AM (#18038565)
(my personal experience) 80% of the time, do both is the wrong choice. 20% of the time, it's the right thing. So say no 80% of the time and say yes less than 20% of the time.