tac0_

No link but when I was younger I partnered with a non-technical founder to build a personalised news app. He quit his job while I worked on it part-time. Despite having some users, we failed for many reasons in hindsight.

1. Not shipping fast enough. This one is standard startup advice. 2. No traction for the amount of time we worked on it. Probably caused by not shipping fast enough and not talking to users properly. 3. No conviction. I didn't really care enough about the problem to go all in. TBH, I just wanted something to work on to put on the resume. 4. No competitive advantage. There are a tonne of personalised news apps out there. We had no differentiating factor. 5. No realistic plan to monetise. 6. Finally too many co-founder disagreements as a result of everything so we called it quits.

I don't regret the experience because it taught me a lot about what not to do in my current project.

This is awesome! Love the focus on short practical tutorials and not leetcode style questions. Are you planning on iterating this further?

It depends how easy the setup is. If it means I don't have to spend a fuck load of time setting up and debugging the dev environment on a local machine then I wouldn't mind trying it out.

> I was hurting pretty bad, constantly thinking of what I could’ve done differently and still had many, many sleepless nights. It took those 18 months to really get it out of my system and move on.

Thanks for this insight. I recently made the leap to quit my tech job to build a startup. I keep telling myself that if it doesn't work out (which is the statistically likely outcome) I can at least go back to another tech job. But tbh, I'd probably also be devastated for some time.

I guess if you had to do something differently for your next attempt, what would it be?

Thanks for sharing. Did you feel like it was hard to get a job after you left the startup? I guess it depends what stage and size your startup was at, but did you have any problems trying to leverage your experience as a founder with potential employers?

> Regular blockchains are already utterly useless

Curious why you think so? Also agree Solana is quite centralized but I wouldn't say it's a scam.

I wonder what the cost of deploying the same NFT contracts on L2s would be?

> The country leaders have been legitimately elected, which means the leadership is the direct reflection of the country people's will.

I don't disagree. Although influencing the people's will is a lot easier when the main stream media is monopolised and heavily biased towards one political party. If we want a government that truly reflects the people's will we need a diverse media landscape. Also a reason why I support Kevin Rudd's push for the Murdoch royal commission.

I feel you mate. Sad part is Australia has all the potential to have a really good future but the only thing missing is competent leadership. The liberal government continues to fuck up time and time again and the Murdoch press just turns a blind eye.

Fucked up quarantine, fucked up vaccine rollout, fucked up climate policies, fucked up the news media bargaining code, and fucked up numerous policies just to prop up the housing market. And it'll be the younger generations that will certainly pay for these fuck ups.

I really hope we have an early election and Australians choose Labor over Liberal this time.

This is a very closed minded view. You're basically saying that every inefficiency in the current financial system is justified and we shouldn't try and change them?

I had this exact same idea not long ago but with PSA graded Pokemon cards. Essentially a reserve for digitising real world assets and collectibles. The challenge would be convincing everyone that your reserves are always secure and properly backed.

I'm pretty bullish on crypto but the concept of a bitcoin ETF that's managed by Wall Street seems to go against the purpose of decentralised finance to begin with. Why do investors need to go through a middle man when they could just buy something like the crypto20 which is essentially the same thing but without the fees.

ahhh yup of course. Also chuck in some BNPL stocks into the mix now as well.

Melbourne based here and definitely agree with this. It's pretty hard to find a startup that's working on cutting edge stuff. Lack of VC funding here also doesn't help. The only thing Australians want to sink money into is real estate.