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comment
patrick
2007-03-20T02:03:16
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Very informative!
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domp
2007-03-20T02:31:26
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Another thing that happens too with this cramming of industries is that all of the legitimate good ideas are blended in with the others. It becomes harder for a business with a great idea to not be compared to every other obvious idea in their market.
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staunch
2007-03-20T02:42:47
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Well this is exactly the kind of thing that isn't very obvious. It sounds like once you're wealthy there's a new set of rules you have to live by. It's a shame everyone has had to re-learn these things for themselves because a few bad apples can control their jealousy.<p>Very good to hear it's somewhere in your essay queue though. I'll try not to get rich before you write it, so I have some idea of what to expect :-)
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staunch
2007-03-20T02:44:35
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patrick
2007-03-20T02:55:50
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A nice article detailing a truth that may apply to all things team-oriented. Think March Madness. You can have all the talent in the world, but you have to have a good team to be a champion. Go Heels!
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brett
2007-03-20T03:34:02
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But haven't they funded people with existing products?
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brett
2007-03-20T03:37:44
GigaOM: The Coming Apollo vs. Firefox Battle
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http://gigaom.com/2007/03/19/the-coming-apollo-vs-firefox-battle/
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brett
2007-03-20T03:40:47
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Curious if this will play out like she describes. If you are targeting web developers it would seem like a bad idea to battle Firefox.
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domp
2007-03-20T03:45:57
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This post says the wrong number of comments. Weird.
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amichail
2007-03-20T03:55:32
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Even if that were to be the case, it might still discourage them from funding your proposal.
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jamiequint
2007-03-20T03:57:03
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I think except in very rare cases Derek from CD Baby says it best...<p> <i> Awful idea = -1 </i> Weak idea = 1 <i> So-so idea = 5 </i> Good idea = 10 <i> Great idea = 15 </i> Brilliant idea = 20<p> <i> No execution = $1 </i> Weak execution = $1000 <i> So-so execution = $10,000 </i> Good execution = $100,000 <i> Great execution = $1,000,000 </i> Brilliant execution = $10,000,000 <p>
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staunch
2007-03-20T04:19:14
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pg
2007-03-20T04:22:24
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You don't have to keep anything secret for our sake. This batch we funded three companies that were already launched, Buxfer, Weebly, and Virtualmin.
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Harj
2007-03-20T04:26:25
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boso was also launched and had an active community at the time of funding, though it subsequently evolved into auctomatic which we've only just launched.
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pg
2007-03-20T04:26:58
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Oops, true, make it four.
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pg
2007-03-20T04:38:19
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The VC model encourages/forces founders to go for huge exits. You can't do a series A round and then sell the company for 10 million. Probably not even 20. The VCs won't let you. So they're more likely to get the giant outcomes that make up for the losses on the rest of their portfolio. Whereas there's nothing to prevent the founders of a startup we fund selling early for comparatively little. <p>Also, VCs have leverage working for them. They get a percentage of the returns on other people's money. We're using only our own.<p>Smaller principal x lower returns = less profit. Probably. But we're hoping to make enough that we can at least keep doing this.
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staunch
2007-03-20T04:43:09
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As much as I'm a fan of Open Source and support Firefox I don't think there's realistically any battle to be fought here.<p>Flash has nearly 100% install base across every single browser and can get users to upgrade extremely quickly with their nearly-automatic upgrade system.<p>Not to mention the horde of experienced Flash developers chomping at the bit to make offline versions of their apps.
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tonystubblebine
2007-03-20T04:43:27
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Following my access logs and obviously late to the discussion. Good early feedback, much appreciated. <p>I'm building CrowdVine because I want to see social networks treated as first class social media applications, joining blogs, wikis, and pod/video-casts. <p>In response to the nothing to do but read blogs comment, in a niche social network the people are the content. Connecting to them and finding ways to build an identity within the community are the main activities. If you're applying social networks in way that ties in with people's identity then you can have a lot of socializing without a lot of features. If you're (mis)applying a social network to a topic that has nothing to do with people's identity then you're going to have to build in a lot of other activities.<p>I think it's a big boon that Ning decided to focus just for the fact that it helps define the market. They obviously have an amazing team. It'll be interesting to see if they stay with the social-networks-for-everyone market given that they're already doing deals for bigger networks (for CBS), neither of their founders actually uses the software to run a social network, and that they're already 27 people big and 9 million in the hole.
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staunch
2007-03-20T04:54:19
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Markus Frind posted this on his blog a short while ago: <a href="http://plentyoffish.wordpress.com/2007/03/15/custom-channels/">http://plentyoffish.wordpress.com/2007/03/15/custom-channels/</a><p>It sounds like you can at least split things up by age.<p>
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notabel
2007-03-20T04:59:50
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Firefox isn't going anywhere. Even if Apollo catches on like nothing since C, it wouldn't kill Firefox; the user still needs a browser.<p>Yes, FF supports rich application development in XUL, and yes, Apollo might compete with that somewhat, but it doesn't really matter. XUL is there not as a feature but as a tool: the FF UI is built with XUL. That it is useful for others is really just a detail. In FF3, there will be more emphasis and support given to XUL apps, but still, it's there for the browser.<p>Also, the degree of competitions between FF and Apollo is, I think, overestimated. Apollo is basically just another RAD toolkit. XUL apps aren't desktop apps, they run directly in the browser just like Ajax apps. That gives them an entirely different use case than Apollo. (E.g. if FF becomes widespread, XUL might compete with Ajax when building something like gmail. Apollo wouldn't--a desktop app built with web tech is still a desktop app.)
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staunch
2007-03-20T05:03:30
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<i>Listening to your inner critic will convince you every idea you have, every opportunity to consider, everything you do and say, are worthless.</i><p>If only there was a way to kill that skeptical prick. I think my inner critic could have convinced Steve Jobs that PCs would never take off.
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staunch
2007-03-20T05:18:54
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I'm not saying Apollo will replace Firefox -- just that Apollo will win the war for developer attention in developing "rich internet applications".
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staunch
2007-03-20T05:32:14
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This is a PayPerPost astroturfing spam blog post. Do not upvote. msgbeepa is spamming these regularly.<p><p>
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staunch
2007-03-20T05:46:10
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Not sure this would be much of a problem with consumers. How many people know about open source reverse engineered implementations of file sharing protocols?<p>It might even be a plus. Samba is a successful project, perhaps they can milk some of that goodwill from the subconsciouses of those who do know.<p>
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gustaf
2007-03-20T05:49:48
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Great writing paul!
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staunch
2007-03-20T05:51:51
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story
brett
2007-03-20T06:00:16
Ask the Wizard: Launch Late to Launch Often
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http://www.burningdoor.com/askthewizard/2007/03/launch_late_to_launch_often.html
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volida
2007-03-20T06:04:56
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that would be what is called self-fulfiling profecy...and it wouldn't work
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staunch
2007-03-20T06:07:24
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I can almost taste the mediocrity.
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motoko
2007-03-20T06:17:27
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So an awful idea with a brilliant execution will cost you $10,000,000? That's quite a bit of bail money, yes?
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ericwan
2007-03-20T06:26:10
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I am not sure if emails are good or bad though. I personally hate spamming by different websites. But while facebook could send so many emails to you a day (wall posts, photos, etc.) they're incredibly successful.
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ryanr
2007-03-20T06:28:03
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Great points. Our model wasn't set up to support del.icio.us and we are working on the export of citations.
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ericwan
2007-03-20T06:28:16
null
I am not sure if emails are good or bad though. I personally hate spamming by different websites. But while facebook could send so many emails to you a day (wall posts, photos, etc.) they're incredibly successful.
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ericwan
2007-03-20T06:29:12
Check if your emails are read
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http://www.ventureswithoutcapital.com/archives/36
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staunch
2007-03-20T06:31:45
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ericwan
2007-03-20T06:32:46
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I the Guy Kawasaki says it the best: You won't fail only if you won't try.
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xinroman
2007-03-20T06:35:02
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I've had this discussion several times with one of the early developers of del.icio.us. It is by far one of my favorite web tools, and I think one of the most useful things about it is the way that it encourages a sort of conversation between its users (ie, someone can send a bookmrak to me, which of itself, begins a sort of dialogue between us, or can write a description in the notes taht I know is intended for me). What I find disappointing sometimes is that when this happens there is no way for me respond to them directly about the link (you can send messages to another user, but then you lose a lot of the context). The most obvious answer would be to allow me to comment on other users' bookmarks or "send" them a message back about the bookmark they sent me. The explanation I keep getting when I say this is that they didn't want to distract users or muddy the purpose of the app by turning it into another blogging tool. Ultimately, I think they made the right choice not to add this feature. It keeps it clean and useful while still allowing for self expression within the core of the application. I would probably like Digg a lot more if I weren't so damned distracted by all of the threaded comments that follow each post, most of which are completely useless.
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dougw
2007-03-20T06:39:45
Dinging the Web 2.0 Bell
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http://paul.kedrosky.com/archives/2007/03/19/dinging_the_web.html
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xinroman
2007-03-20T06:42:53
null
"Is the hassle of adding your friends to the site going to be far smaller than the benefit?"<p>Good point. If it's more useful to you to have more of your friends on the site then you will try to recruit them. But if it's still not vauable at all to them, then they will just think you are sending them junkmail. I think the most thriving online communities are the ones that grow organically. History shows us, it doesn't matter what the tool is, if people can use it to communicate with one another, they will find a way.
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ecuzzillo
2007-03-20T06:53:59
null
It'll probably just cost some dumb VC 10 mil, not you personally.
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ericwan
2007-03-20T06:59:46
null
No one ever knows exactly what the curve after the current point is like, especially in a changing environment like in the web business. By taking risk one is able to check out if there's a higher local Max.
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brett
2007-03-20T07:09:28
null
In principle I agree with what he is saying: If you know what you are going to need you should put in effort up front so you can react faster later. The problem is with knowing what you are going to need. You hear that startups end up moving away from there initial ideas so often that bar for being sure that you "know" what you're going to need is very high. <p>I also think he overstates the difficulties of abstracting out extensible pieces as you go. His point about your # of customers being proportional to the difficulty of refactoring is well taken, but for an early startup this probably does not mean as much as he suggests. On the web you can do a great deal that is transparent to your customers. The risk of this approach might lie more in not having to discipline to take the time to refactor as you go as opposed to not having the technical ability. 37 Signals seems to have had certain project go very well for them by pushing down abstractions as they went (granting however, that everyone can't count on a gang of open source hackers coming in and both contributing to and evangelizing your product's infrastructure - though maybe this isn't a bad goal?).
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ryan
2007-03-20T07:26:09
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I always liked this post on the value of ideas: <a href="http://www.oreillynet.com/onlamp/blog/2005/08/ideas_are_just_a_multiplier_of.html">http://www.oreillynet.com/onlamp/blog/2005/08/ideas_are_just_a_multiplier_of.html</a>
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staunch
2007-03-20T07:39:47
Benchmark Capital takes on 8th partner: Mitch Lasky (Jamdat CEO)
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http://venturebeat.com/2007/03/19/benchmark-capital-hires-lasky-of-jamdat-fame/
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staunch
2007-03-20T07:42:04
null
<i>"The firm prides itself the equal status of its partners, in contrast to many other firms, where there can be hierarchies ranging from managing partner on top to the suitcase-carrying principal at bottom. The Benchmark partners took a "pay-cut" to bring Lasky on board -- dividing profits ("carry") and fees by eight, instead of seven."</i><p>Not knowing much about the way VCs are structured internally I found that pretty interesting. It does seem like a big vote of confidence that they would split profits like that -- just like a startup might.
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ryan
2007-03-20T07:42:19
8 tips for a good elevator pitch
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http://www.fastcompany.com/articles/archive/act_joos1.html
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JMiao
2007-03-20T08:35:11
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Remember, DRM is merely an attempt to control how you acquire and experience music. It's a facelift to an aging concept called physical distribution in a web-empowered society.
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rikykurniawan
2007-03-20T09:36:36
Vyroo - Virtual Office Application
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http://www.vyroo.com
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comment
chris_l
2007-03-20T09:51:21
null
I have wondered about the usefulness of "secure" pseudonymous online publication / discussion. It would probably be very difficult if you want to discuss drafts with real-life acquaintances. But it should be able to handle the problem you speak of? It is a pity to have information exchange suffer from that kind of problem.
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chris_l
2007-03-20T09:58:33
null
"[...] where in the world you want to live and which car matches your personality best?"<p>I'm not sure if you're kidding or not. The only real benefit I can see on top of a merely above-average-income western lifestyle is that you don't need a job. Which of course can make a huge difference, as I learnt from my last employer.<p>But I imagine that selling a company for $xx m wouldn't change things for the positive apart from that. Maybe most people who got rich from startups get disillusioned and are embarrassed to speak of it? (I don't think this is the case with the YC founders though...)
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danw
2007-03-20T11:36:40
null
Just got a heads up that last.fm are about to release a new beta any minute now that makes this script redundant :)
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sharpshoot
2007-03-20T11:45:14
Wink pulls an Odeo - buys back stock from investors
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http://www.techcrunch.com/2007/03/19/wink-pulls-half-an-odeo-partially-liquidates/
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markfranks101
2007-03-20T12:15:54
Top 10 Best Flash Website Designs of 2007
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http://www.ebizmba.com/articles/top10_best_flash_website_designs.html
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dmarques1
2007-03-20T13:02:20
null
How come the article does not load?
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eser
2007-03-20T13:07:21
launched today: reddit-twitter hybrid coded in lisp in 3 days
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http://www.eser.org
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jamongkad
2007-03-20T13:19:04
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And yet YCombinator is funding Loopt. Care to explain this? Does this mean you think Loopt will fail as well?
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nostrademons
2007-03-20T13:21:36
null
Windows Vista.
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amichail
2007-03-20T13:26:55
Is popular YouTube ad big trouble for Hillary? (What can we learn from independent ads for Obama?)
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http://www.suntimes.com/news/304233,CST-NWS-sweet20.article
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amichail
2007-03-20T13:28:17
null
One might imagine a web service that rewards people for creating such unsolicited ads in a financial way based on the effectiveness of those ads.<p>In essence, instead of having a company tightly control its image, it would leave marketing to people interested in trying out their own ads independently. And those who succeed in helping the company financially are paid in return.
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veritas
2007-03-20T13:42:48
Rough Type: Deneutralizing the net
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http://www.roughtype.com/archives/2007/03/deneutralizing.php
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comment
floozyspeak
2007-03-20T13:48:46
null
Yawn! Hasn't this been done already? Hello Jennicam, livecam, youtube?! I mean sure its neat, and its a polished website, but long term sustainability? Is it sticky enough to have me glued in day in and day out? I give it 3 months before it taps out. I mean its no trueman show here folks and ya don't even empower folks along the way. Why not tell people how ya did it? Share some real insight. How exactally am I living through their lives.. by watching them sleep? I did that sleep study last month, it wasnt that fun really. This is basically a short term startup biz idea, take 4 guys that do stuff, slap cameras on them, watch them make more stuff. Now I'd give them a bit more huff if they at least connected themselves to ambient like devices, nabaztag, or ambient orb, or something else other than forcing me to go to a widget to see if they ate a bagel or not today.. i dunno.
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jamongkad
2007-03-20T14:08:39
null
Eeek I can see your points. Although there must be a way to work around this. Any thoughts?
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staunch
2007-03-20T14:09:04
null
<i>"The only real benefit I can see on top of a merely above-average-income western lifestyle is that you don't need a job."</i><p>How about the security of knowing that you're able to provide a safety net for your loved ones in an emergency? Or the ability to self-fund your own projects without having to settle?<p>I'm not saying being rich makes you happy or that it doesn't have its own set of problems -- just that it can provide the freedom of choice and financial security to allow you to worry about the truly big challenges in life.<p>Spending 75%+ of your waking hours working just to put food on the table is pretty boring, even cavemen had this much.
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joshwa
2007-03-20T14:10:13
null
I'm actually quite curious about how he's accomplishing this... my best guess is that he's using the demographic info to redirect each age group to a different URL, e.g. 18-25 goes to pof.com/a/, 26-45 goes to pof.com/b/, and 45+ goes to pof.com/c/.<p>I was hoping though, that if my users are talking about cars, they get car ads. (or, even better, mesothelioma!)
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danw
2007-03-20T14:13:08
See A YCombinator Meal Live Today at 7pm PST (2am GMT)
null
http://justin.tv/blog/list/2007-03-20
11
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joshwa
2007-03-20T14:13:29
null
I'm building a whole startup around something a little bit like this...
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sethjohn
2007-03-20T14:21:21
null
Very interesting, turns the market upside down.<p>You could run it like a startup model combined with the recent doritos campaign (big cash prize for the winners). Throw around small (seed) money to anyone with a half decent idea...give out "A-round" funding to campaigns that focus-group well to expand their ideas...and entice everybody onwards with a big cash prize (acquisition!) for the campaigns that succeed.<p>You would need a very solid plan for determining "effectiveness" of the campaigns. Something that the advertisers trusted enough that they are willing to guarantee payment when you determine their campaign has been "successful".<p>Pretty simple site with a client side where advertisers can submit the broad outlines of what they're looking for, user side for submissions. Sit in the middle and skim off a little cash as the money flows past...<p>Very scalable. Advertisers are desperate for creative new approaches. Billions for the taking.
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robertgaal
2007-03-20T14:31:26
The search for slogans
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http://blog.wakoopa.com/archives/the-search-for-slogans
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jamongkad
2007-03-20T14:34:11
null
Dunno if I'm willing to invest my time to watch these guys. Is the ordinary joe willing to watch this as well??
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jamongkad
2007-03-20T14:35:37
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Or maybe find out that what they're watching is totally a waste of their time.
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mattculbreth
2007-03-20T14:38:51
null
Ok so what is it? I see a search box and I typed in 'Python' and it asked me to start a conversation. Note that I've missed the Twitter craze.
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staunch
2007-03-20T14:39:19
null
Thanks for the heads-up post. This is great. I've long hoped there'd be some way for those of us that can't attend YC stuff to get a peak.<p>In case any Justin'ers read this: On the Lingr chat I can't send messages in either Opera9 or Firefox2 under Linux. Tried other Lingr chats and they work fine, so probably something Justin specific.<p>Error: times has no properties Source File: <a href="http://justin.tv/screens/js/prototype-chat-poll-justintv-swfobject-rico-effects-lingr-json">http://justin.tv/screens/js/prototype-chat-poll-justintv-swfobject-rico-effects-lingr-json</a> Line: 2552<p>(I'll email this bug report as well)
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python_kiss
2007-03-20T14:47:46
37signals Finally Launches Highrise
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http://mashable.com/2007/03/19/highrise/
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[ 5180 ]
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jamongkad
2007-03-20T14:48:37
null
Allow the universe to change me? Sounds like some weird Scientology schlep to me.
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joshwa
2007-03-20T14:59:02
37signals Launches Highrise - lightweight CRM
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http://www.highrisehq.com/
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[ 5177, 5250 ]
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Readmore
2007-03-20T15:01:44
GoPlan takes on 37Signals... is that a horrible idea?
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http://www.techcrunch.com/2007/03/20/goplan-takes-on-37signals/
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[ 5221, 6059, 5178 ]
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danw
2007-03-20T15:07:55
null
ooo, I'm curious to hear more
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danw
2007-03-20T15:09:44
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I've been looking forward to highrise for a while now.<p>Shame they've limited it to only 25 contacts in the free version, makes it very hard to evaluate :(
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Readmore
2007-03-20T15:22:35
null
I've read alot about 37Signals and quite a few people have said that it's a really bad idea to compete with them. I'm personally not afraid, but I wondered if anyone had any input on that subject. The things I've heard are that you never want to compete against a company that is smart, fast, and small and 37Signals would be that company. Anyone have any thoughts?
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story
joshwa
2007-03-20T15:29:38
Startup Lessons from the Lockheed Skunk Works
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http://radar.oreilly.com/archives/2007/03/honoring_the_sk_1.html
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floozyspeak
2007-03-20T15:30:01
null
they did away with a-typical quicktime videos to explain the thing this time around, now its follow the GREEN arrow... i dunno if i like that, though it does appear simpler in my head vs a movie telling me how to use the app<p>looks like a good product, i could see using it for work, but like anything, i tend to be alone in that catagory at times, i'm still trying to get co-workers to see the light on social networks and heck photo-sharing..
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pixcavator
2007-03-20T15:47:12
null
Good post! I think having a grand design ahead of time is good, if it’s a good design. To me, this is about the scientific approach vs the engineering approach. You can get in trouble with either one. Option one: you have your grand design but nobody needs it. Option two: you keep iterating something but at some point improvement stops (try to cure cancer this way).
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veritas
2007-03-20T16:04:09
null
It shouldn't be a problem as long as you're putting out a product that is better or offers something new. In the end it's the product/service that determines the winner, not how small, fast or smart a team is.
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eser
2007-03-20T16:21:18
null
Oops. I guess I've commited some UI faux-pas.<p>eser.org is a website where you type in the topic you want to chat about, and you chat about that topic with other people.<p>"topical chat"<p>I also wrote a search engine that will reccomend similar topics. So, if you typed python, it could have reccomended 'software design'. However, this only works when there are chat topics for the search engine to parse. However, there are none now because the site is only a few hours old. Major problem.<p>Second major problem is that people are asking for a list of active chat topics on the front page. A top-level-index of sorts. Something like reddit, I suppose. I wanted to avoid doing this because I felt it would clutter up the homepage. However, it sounds like it is the right thing to do.<p>So, job #1: add a list of active chat topics to the homepage.
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farmer
2007-03-20T16:29:47
What happens when VCs believe Alexa numbers
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http://earlystagevc.typepad.com/earlystagevc/2007/03/web_20.html
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5
[ 5225, 5200, 5234 ]
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seniortutor
2007-03-20T16:32:40
null
I am just about through with Johnson's "Why Everything Bad Is Good for You" and I would like to get in on a discussion of the book. I am a senior citizen and fascinated with the arguments he proposes, mainly because I can verify the truth in them from observing the interests and "smarts" of my grandchildren and great grandchilden. I plan to read the book a second time to absorb it better. Also, I plan to watch the "Sopranos" and see how his comments apply therein.
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pg
2007-03-20T16:33:50
null
He's coming to startup school too. <i>Speaking</i> at startup school, in fact, so you'll see the speaker's eye view of some of it.
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milktoast2000
2007-03-20T16:36:58
null
The #1 Site is awesome!
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zach
2007-03-20T16:44:50
null
I think something is different about databases since then. You can, for free, install a database in part of an afternoon that has excellent library/framework support and tools. That makes a big difference. If you're going to use Ruby on Rails, for example, you will have to justify why you don't want to use database software.<p>Basically, databases have been well-commoditized, like Unix, HTTP servers, and hosting. If your needs fit their common usage scenarios, you should just go ahead and use them.
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notabel
2007-03-20T16:46:15
null
I have to wonder if the stream will expose any inadvertent goodies, like the photoset did. (I'm thinking of the pic of Justin talking to someone, with a justin.tv alpha test login clearly visible on the white board. I didn't try it, but it sure was tempting.)<p>In any case, I'll certainly be watching.
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story
bhalligan
2007-03-20T16:47:53
Kayuda Launches a Web based Visual Wiki alpha
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http://www.kayuda.com/
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0
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story
Elfan
2007-03-20T16:50:17
The end of aerospace
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http://thespacereview.com/article/798/1
3
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[ 5224 ]
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story
pg
2007-03-20T16:54:32
8 Signs Google is Planning to Build a National Wireless Network
null
http://www.dailywireless.com/features/8-signs-google-is-planning-to-build-a-wireless-network-031907/
8
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[ 5297, 5287, 5193 ]
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pg
2007-03-20T16:59:59
null
Incidentally, <i>I</i> don't think they are, unless forced to. I think they just like to have such plans in readiness to keep the backbone owners in line.
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jamongkad
2007-03-20T17:04:07
Good to Great author Jim Collins answers questions
null
http://money.cnn.com/magazines/fortune/fortune_archive/2007/02/19/8400260/index.htm
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[ 5217, 5230, 5273 ]
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story
dherman76
2007-03-20T17:05:04
A realistic view on venture capital - Seth Godin, commented by Darren Herman
null
http://www.darrenherman.com/2007/03/20/godins-realistic-guide-to-venture-capital/
1
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story
jamongkad
2007-03-20T17:09:08
The market for something to believe in is infinite...
null
http://www.gapingvoid.com/Moveable_Type/archives/000823.html
1
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0
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story
jamongkad
2007-03-20T17:14:00
Big, hairy, audacious goals
null
http://www.stevepavlina.com/blog/2004/11/big-hairy-audacious-goals/
1
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5,197
0
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comment
eser
2007-03-20T17:20:34
null
It turns out that this is non-trivial to do in a manner that is computationally efficient. Not that this a problem right now :)
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far33d
2007-03-20T17:25:35
One Size Aggregator Doesn't Fit All. (long tail)
null
http://www.longtail.com/the_long_tail/2007/03/one_size_aggreg.html
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5,199
1
[ 5309 ]
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