Re:Ask HN: How long did you stuck with your startup before i...
by rudiger on Monday March 07, 2011 @10:50AM
(#2297451)
Care to elaborate on what you've learned about Appointment Reminder's market that would make you pessimistic about it?
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Re:Ask HN: How long did you stuck with your startup before i...
by patio11 on Monday March 07, 2011 @10:53AM
(#2297466)
My apologies, I think that phrasing was difficult to parse: the 12 month estimate was excessively pessimistic (i.e. it probably won't take that long, because the market is better than I expected it to be).
I had been basing my projections off of running a medium-volume low-touch business with average yearly account values in the $500 range. It turns out there is an addressable market for which average yearly account values are in the five figure range. More detail on that in a blog post Friday-ish.