Re:Bill Nguyen: The Boy In The Bubble
by DilipJ on Saturday November 12, 2011 @08:52PM
(#3229562)
fascinating article. It looks like Color raised a lot of money, then launched and found out why customers didn't want it, and now they are trying to pivot. Basically the opposite of what YC and 37signals recommends.
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For the record, YC doesn't push any particular ideology as hard as 37signals does. And if you were to ask PG, I think he'd say that different things work for different companies and founders. Running out of money before capitalizing on a profitable business model is the most common way that startups die. So launching quickly, raising money, and pivoting are all good things.
oh I see. For some reason I thought Jason Fried and pg were completely on the same wavelength when it comes to startup methodology