News for hackers. Stuff that matters.

NoMoreSnow

Re:Ask YC: Provide Health Insurance at Start-Up? on Wednesday October 31, 2007 @01:04PM (#74711)
I'll check out whether Kaiser serves Phoenix to get a hard number and I will also check the Redfin model.

This is very helpful, thank you both!

Calculating valuation when using web-service back-end?

All,For the YC funding application, I'm having difficulty determining valuation. The reason being that the back-end would use web-services for computing/storage (yeah, they do more than sell books :-)Should I do an estimate based on an ideal system running at 100% processing usage? This may seem appropriate for a system that produces widgets, but mine mainly deals with running queries.Thank you...

( Read More... | no comments | on HN )
Re:How's your YC Winter 2008 application coming along? on Thursday September 06, 2007 @08:59PM (#51381)
The application process has taken us longer than I thought it would because it has made us question whether there really is a market for the idea. Yes, it does help to solve a problem, but we don't have a working product to get user feedback.

So for the past couple of weeks I've set the application aside and have focused on administering a market survey, so most of my time has been on the right wording for the test.

Hopefully with the help of social networks, email, WOM, etc... We'll be able to get a large enough sample to help us understand if we're heading in the right direction. If so, we'll submit our application with the survey results.

I am sure, though, that upon reading the questions, the person taking the survey will know quite easily what our start-up will be doing... which can be good and bad. Our positive spin on this is the survey will be our public declaration that we are up to something.

How does VC behavior change when interest rates are cut?

I was an intern at a fixed wireless broadband start-up when the dot-com bubble burst and I witnessed how all of the excitement for the start-up vanished when investors were afraid to give out money. It came down to bad timing for this start-up -- if they had only started a year earlier.How will the speculation that interest rates will be cut further affect the investment activities of angels,...

( Read More... | 4 comments | 5 points | on HN )
Re:Do you have no life because you work in a startup or... on Monday August 20, 2007 @03:25PM (#44431)
Oftentimes, working/thinking about my startup consumes my attention, such that my wife thinks I don't care about anything else... I find it hard to understand why other people just don't "get it" when it comes to entrepreneurship.
Re:Can software start-ups succeed with non-programmer founder(s)? on Wednesday August 15, 2007 @08:36PM (#42850)
I'm not sure whether the effectiveness of the federal contracting model can be accurately compared against a start-up, but here goes.

My paying job is that of a systems engineer and it is my responsibility to keep track of meeting customer needs against cost and schedule. This being said, part of my work is to correctly capture customer needs and then make sure that the development and environment teams are able to architect and design according to specs. From a business standpoint, this dual team environment is effective in that the company for whom I work continues to win contracts because the customer's needs are met.

I think the arrangement where the founders are not currently developers would be equally effective as a team of developers as long as they are able to accurately capture and understand their customer's needs prior to the start of coding.

Re:Can software start-ups succeed with non-programmer founder(s)? on Wednesday August 15, 2007 @09:22AM (#42639)
I agree with everyone who've said that at least one founder needs to be a programmer/developer.

The initial technical assessment on the feasibility of an idea or feature is within the domain of a programmer/developer, but I think it would require a non-developer to help do the cost/benefit trade-off. The reason for this is I've worked with so many developers who are excited by a technical solution, when the cost of it is prohibitive. It may have been the "best" solution, but it would have been very costly.

I intend to submit my startup idea as part of the YC winter funding event, even though I do not have a developer on-board yet. It's been hard finding a developer who is able to take the plunge and sacrifice the security of a cubicle farm. I have advisors/friends who are developers, but they don't want to take the risk, despite agreeing with the idea.

Thank you to everyone who have shared their thoughts.