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A comment on Color Will Be The Pin That Bursts The Startup Bubble.

Re:Color Will Be The Pin That Bursts The Startup Bubble by sunkan on Thursday March 24, 2011 @06:02PM (#2366210)
How come everyone misses the fact that the app doesn't make the company. I think color actually redefines "social". If these guys are successful in executing their vision, their current valuation will seem a no-brainer. I seriously don't understand all the negativity and backlash around their launch.

This is coming from a guy that couldn't get their app to work. Every time I try to take my picture, the app crashes. But I don't think that really matters.

Isn't this the same community that proclaims, if you are not embarrassed with your initial product release, then you haven't released it early enough. ?

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Re:Color Will Be The Pin That Bursts The Startup Bubble by pclark on Thursday March 24, 2011 @07:21PM (#2366440)
All of the startup mantras hacker news recites go out the window if you raise lots of capital, apparently.
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Re:Color Will Be The Pin That Bursts The Startup Bubble by plamb on Thursday March 24, 2011 @07:33PM (#2366476)
And they should. There's a big difference between two guys renting a house and living of their savings accounts pre-launch and 41 million dollars and 27 employees pre-launch.
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Re:Color Will Be The Pin That Bursts The Startup Bubble by pclark on Thursday March 24, 2011 @07:34PM (#2366480)
Why?
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Re:Color Will Be The Pin That Bursts The Startup Bubble by plamb on Thursday March 24, 2011 @10:32PM (#2366965)
Well for one, you shouldn't have issues like the app crashing when someone tries to take a photo. 27 employees means you have plenty of QA and a testing environment. Two guys in a house means you maybe have one iPhone version to test on and no time to do thorough QA.
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Re:Color Will Be The Pin That Bursts The Startup Bubble by dglassan on Friday March 25, 2011 @01:26PM (#2369401)
ya, it applies to a team of founders living off their savings who need to push their product out and get quick feedback from initial users to set their product/service in the right direction.

A team of 20+ people with $41 million in the bank has the luxury of not having to worry about missing a rent check and they have the resources to do thorough QA testing and run a beta program to get initial feedback (maybe color ran a beta program I'm not sure).

Color definitely has the resources to run a 6 month beta program to get feedback and test their app....a founding team of two living off their savings may not have the time or money to do this.

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