414 karma · joined March 2, 2008
proprietary and confidential: https://github.com/search?utf8=%E2%9C%93&q=%22proprietary+an...
do not distribute: https://github.com/search?utf8=%E2%9C%93&q=%22do+not+distrib...
The thing that stands out to me the most about that period in time was how flat it was. No significant pay raises, no new hires, nobody leaving (where wasn't really anywhere decent to go). The team and the work fortunately stayed interesting.
Take that for what it's worth - I'm just one data point. Also, the last couple years have been too good to us in our industry, but I don't think it's anything like the absurdity of the late 90's, so I would be surprised if there was a crash that hit as hard.
Also, to echo what others here have said, we didn't know we had it so good until we suddenly didn't. If you're in your first job in a fabulously-funded tech startup with bizarro perks, brace yourself that it may not be normal. :) But appreciate it while you've got it!
I think I echo the others here, four rounds isn't bad at all. Not exactly the same thing as a YC application, but raising our seed round @ Dasher we were rejected 48 times from angels and VCs before we got our first "yes." Startup myth goes that Pandora's founder was turned down 300+ times.
I'm also very impressed with the specific attention YC paid you when turning you down. Rather than a generic answer, they took the time to give you very thoughtful reasons and things to improve. I really wish we had that much care paid to us by anybody during our earliest conceptual days.
And will be launching a web client in the coming weeks.
So far, so good. We do handle the reconnects ourselves, but otherwise it's been treating us well.
Sounds like we have the competitive advantage.
Are you arguing that non-subscription businesses don't have customer acquisition costs? Or just that CAC for subscriptions are higher?
"Name a few successful subscription businesses. Successful (in my mind) means PROFITABLE. Revenue does not mean sh. Come-on, name 'em. (Those that you do name will have some sort of monopoly or exclusive right to a physical asset)."
What about most SAAS businesses? Or most magazines? Hosting providers? World of Warcraft?
But I totally agree with you about the content providers like Starz calling the shots and ultimately deciding whether Netflix lives or dies.
If Amazon is correct, though, this promotion should mean that post-promotion sales are higher than pre-promotion sales. But the chart ends on the day of the promotion. Though there's a little text about it, I'd be curious about more detail on how things are shaping up afterwards.
Either way, up to them of course, but it feels a bit extreme to me to abandon ship because of agreeing to an unsuccessful promotion and because they're behind in features vs. the Google market.
http://bits.blogs.nytimes.com/2009/10/12/the-webs-inventor-r...
A few don't lead anywhere, guess that's a symptom of linking out of a two year old ebook?
2. Screw business books and tech blogs, read science fiction. :)
I think he's struck a pretty good balance here by saying what needs to be said and no more, while still keeping it interesting.
Incinerating your savings at a startup only to end up back as a cube warrior is pretty sobering. Even so, I never looked back on the (great) job I had with regret. Aside from not seeing some good friends every day, I didn't miss it at all, and now I'm at a far better gig than I was at the last time I was a happy wage slave. And I'm lucky to have gained some amazing experiences and a big network for the next time around.
I'm sticking to the HN party line on this one and saying that good things will come from taking a risk on what you really want to do.
So will we see less art in the future? Absolutely not - we'll be seeing huge amounts more, and from people who may not have had access to, say, a recording studio in the past. The economics are changing on both ends of the "business," which I think is a net positive.
Think hard about the things that actually make you excel at what you do, it's probably much less concrete. Richard Branson started several totally different businesses - but he's sticking to his core competencies of being a ridiculously good showman and businessman, and being able to get shit done.
I'd figure a good gigolo might be good at understanding how to give people what they want.. which translates pretty well to anything.
It's worth paying a little extra to help ensure my source of income doesn't go up in smoke (literally?).
Speaking with somebody directly about this, and basically, their stance is: coverflow is an experience owned by Apple. If you imitate it poorly or inaccurately, users will have a bad / confusing experience (Apple's call what 'poorly or inaccurately' means, of course).