340 karma · joined March 29, 2012
In our new Toybox experience, you can pick up objects, build things and play games. This video shows a few examples of what's possible. What's really amazing is sharing these experiences with your friends. We're getting closer."
How can you grow without a product users love? Say your retention rate is nowhere where it needs to be yet, isn't it counterproductive to work on getting more users when you those users won't stick around?
I say it with first-hand experience. I spent a few months going to every possible tech event in my city and had no luck. Finding a good co-founder is not easy. It's almost like trying to find a partner to marry but every second is time against you because no real work getting done.
I'd rather build and get enough traction to the point where you can hire/attract some talent.
I believe they are in unchartered territory thus comparing it to anything else is just a shot in the dark. If you could wave a magic wand and ask for the best way to share moments of your life you would probably get a hologram of your friends to show them that instant of you life that you wanted to share. Snapchat gets closest to this. Moments come and go, not all moments should be forever saved, moments should be only for those you intend to share with, moments should be feel lively (video/images) not text, etc.
Also: Discovery feature - I give Snapchat so much credit for this. They got the younger demographic watching 'TV' again. Snapchat accommodated the channel these kids are using (mobile) to connect with the big media outlets in a way that they actually consume content. That is, by short clips of < 5-10 minutes.
[1]http://www.amazon.com/How-Win-Friends-Influence-People/dp/15...
[1] https://itunes.apple.com/us/app/habit-streaks-create-good/id...
On a serious note: Remember it is a private financing round. VCs and parties involved calculate based on current metrics future value of company. So, although it may or may not be accurate, it is literally putting a value based on other metrics. For all we know, it could all collapse in a year from now or a lion's share of businesses around the world will be using Slack as their main comms. platform in 10 and thus $2.6B wouldn't sound so bad.
[1]http://www.history.com/shows/men-who-built-america (available on Netflix)
So I am back working on Habit Streaks. I've been having customer interviews with people all over the world who seem to be enthusiastic about it so a lot of that is reflected in this release. My initial goal for the app was just that, to build an app. Now that I'm getting actual value from it and hearing stories of how it actually helps people (amazing), I'm very motivated to keep going.
Any and all feedback is appreciated :) !
More than anything though, ask yourself what you want to do. Analyse all the scenarios and where you would feel happiest. Do you really believe in your work? in your startup? Have your feet grounded and boom, chase your dream like it's do or die.
What I agree most with the article is that college is not the correct decision for those who already know what they want to do or have a specific goal in mind. Attending classes for me felt like a waste of time simply because they did not push me towards my goal. It felt like I was lying to myself every day by going to class just to let society know that "I am going to college, I am doing the right thing". Once I completely (and I mean 1000%) stop giving a s#!t about what anyone else thought or said (including my family), I found myself to be happier, more confident, more motivated, more everything.
Now, everyone still tries to convince me that I should go back. That I never know what the future holds. Honestly, most of my friends who go their degree have jobs that require little of what they actually learned. Not only are they getting paid borderline a minimum wage but they are being routined to death. I'd say 80% are not happy in their day to day which is crazy. I really feel like if things were to get bad, I am perfectly employable without a degree. My projects and experience have taught me 1000x more than I ever learned in a classroom. Actually, I can say that 90%+ of what I know is through my own reading, my own project, my own initiative, my own everything.
My conclusion on the whole debate of college is that if you know what you want, go out there and get it. Just like there is a cost opportunity of not going to college, there is also cost opportunity to GOING. Think about it deeply and do as your intuition dictates.
Notes:
- I was majoring in business (marketing). I believe, at least in my case, this and many of the liberal arts majors are best learned by doing. If you really have a passion for it, grab some books and practice it. Whatever it may be. As for other studies like medicine, biology etc (the sciences) I've seen it is best to go and study it. My brother is doing medicine and I really don't see how it would be possible for him to not go to college and be able to do brain surgery.
- I love this phrase from the article and to me it is an issue I feel strongly about. Times have changed, we should too.
"The idea of college education is deeply ingrained in our culture. People seem to go down the college route almost impulsively and the correctness of this path is, for most, unquestionable."
People who have accepted the fact that I dropped out, that see why the decision for me was correct, that are proud of the work and value I am producing, will still try to convince me to go back. I don't blame anyone for this, I think we were all brought up since babies to believe that college is the way to go. I just feel we need to question this belief a lot more. - Great article!
Tribes - Seth Godin
The Four Agreements - Miguel Angel Ruiz (life changing) The
Seven Spiritual Laws of Success - Deepak Chopra
These are some that I am reading/read recently.
Also, I understand that Amazon includes 'System Events' in their free tier. Even with this included, at an average of 15 custom events + 5 system events, you can have 5MM sessions a month for FREE. This is more than enough for bootstrapped companies/projects to start and grow with.
I'm not sure who the customers for these analytics companies are (small projects that grow with them vs big projects that join them) but if it is the latter, well Amazon is def. the better choice. Although they do not offer any complex funnels/segmentation, I am sure this and other features will be added in the future.
Thinking about Peter Thiel's monopoly vs competition eating profits (Zero to One, awesome book!), I wonder if and how players in this space will be able to differentiate themselves enough to really have a competitive advantage over one another.
I'm truly thankful for this.
Thanks for the input! I appreciate it.
Really. Employers everywhere are looking for people like you. Breathe, accept what happened, DO NOT BLAME YOURSELF FOR IT and move on to the next thing. Remember, if you are going through hell, keep going!
Also, being new to this, excuse my ignorance, what does vesting prevent? what does it encourage? First things that come to mind is if there were to be a fall out, the equity would remain under the one who stayed. On the opposite side, it encourages a long term commitment?