How to tell your friend that their startup idea sucks

Re:How to tell your friend that their startup idea sucks by k__ on Sunday May 18, 2014 @09:07PM (#7765165)

Getting funded doesn't mean the idea is good.

I worked for a company, that got funded many times over the course of 14 years and didn't make any revenue the whole time.

The only thing the founders were really good at, was talking to VCs and banks...

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Re:How to tell your friend that their startup idea sucks by carrotleads on Sunday May 18, 2014 @10:23PM (#7765351)

and I am jealous of such guys. How do they do it?

surely the VC's and Banks lose their deposit on such deals, so much so they should be expert at picking out the talkers from the doers.

[ Parent | on HN ]

Re:How to tell your friend that their startup idea sucks by k__ on Monday May 19, 2014 @07:42AM (#7766944)

They had big customers and their technology was web-analytics. 14 years ago, when Google grew, they had some good point to make.

"Google did it AND we got the biggest websites of our country as customer!"

But all the engineers where much more expensive than what the customers paid.

[ Parent | on HN ]