dggrjx

Agreed. This was poorly written and he compared apples and oranges. The shoe rack with thinner cutout pieces should be expected to cost more than the blocky solid MDF shoe rack.

Uninformative blog post, OP.

What is your ratio of repeat to first-time customers? What's your customer lifetime value?

This parallels the beliefs of someone I know, who's working on providing an answer to this in a true REST framework, complete with meaningful links, extra metadata, etc. It's a WIP, but I'm sure he'd enjoy the conversation if others are interested. http://www.wrml.org

Just watched Moneyball last night, and the end of this post makes me think of what was said in the movie. I presume this to be true, because it's one of those simple things (for a little longer, FMRI's are starting to read thoughts afterall).

The point was that a scout can spot a player with great talent and abilities, but no one but the player knows what goes on inside his head, and no one knows how he'll do for sure in the big leagues.

Seems like a perfect analogy to founders. YC is spring training where they've identified people with potential and will then try to coach them onward.

The big difference, though, is that you can get 'the majors' (a successful company) without YC, and as stated in a similar post today, the greatest founders will find a way regardless.

Props to all who try. More props to those who try, fall, and try again.

Corroborated by the fact that the biggest backers of this were all the big companies that can afford to spend $ trying to patent _anything_, while the little inventor may have to wait for a loan to come through, etc.

Additionally, clearly Senate Judiciary Committee Chairman Patrick Leahy is out of touch with the tech boom.

"...we could unleash the genius of our country and put our entrepreneur class to work and create jobs. It can let us compete with the rest of the world."

Oh, really, it's the entrepreneurs who are out of work right now? My, the HN crowd must be very desperate, then. /sarcasm