73 karma · joined December 21, 2011
Designer founder of Hello Money http://hellomoney.co, part time activist and design podcaster.
Past: Tangible Media MIT @MediaLab, designer @IDEO Palo Alto, Microsoft, Carnegie Mellon.
Twitter @keywonc
- Most realistic: Work with your Bay Area startup from your home country. I don't know specifics about Indian nationals, but many people work remotely with a team in the US, and then travel to the US on visa waiver (often up to 90 days) or tourist visa (up to 6 months) to sync with the team. You will likely be a foreign contractor, and the startup will pay salary to your Indian bank account. You will likely not owe income tax to the US because the service is technically performed overseas, but you'll have to pay tax to India.
- Invite your team to work overseas together: Stripe prototyped the service in Buenos Aires. Buffer traveled to Hong Kong and Israel. We spent our first months in Thailand. Going overseas for a limited period of time can be a great way to bootstrap at a lower cost. Especially if your startup is very early stage (we are too).
- Open a business entity in home country, and make it a liaison office or subsidiary (or whatever requires the least amount of logistics) of your Bay Area startup.
I'm not a lawyer. But I'm bootstrapping from Seoul for some time and have seen multiple teams that work across locations. Good luck!
My favorite is this http://www.neubauladen.com/product/1231 and you can buy entire colleciton of humans and objects at less than $60 http://www.neubauladen.com/catalogue/NB-Digital/2/Neubau%20W...
(I have no affiliation to these guys :)
1. The web 1.0 aesthetics of the site strongly reminds me of Craigslist, conveys that you are interested in becoming another Cragslist. It's a big setback to today's users who are used to richer/slicker/more friendly marketplaces and services like Cropup, AirBnB, or Sold. Instead of nimble/scrappy, it seems outdated or amateurish, not exactly the positioning you'd want.
2. Given that positioning: Like others said the site itself doesn't communicate how this is different from or better than Craigslist.
I didn't look or click further due to the impression of your landing page, I'd be a bounce. But once you reduce bounce you may get more useful feedback.
- Minimal visuals: Check
- Simple to learn: Check, more enjoyable with a mentor/more experienced person I can reach.
- Not sure how competitive it gets at the high end.
I'm surprised I am enjoying this, since I was never a RPG person. I am a casual-at-best gamer who finds Clash of the Clans boring after 5 mins and Letterpress gameplay too implicit(?).
We're working in the finance/investing space and we hear "$1B in management" thrown out as an example entry threshold. I'm guessing getting a legal review of our idea alone could also cost a large amount of money -- not exactly a lean startup fit. I'd be interested in hearing how you overcome this issue.
The unusual IE dependency is now hurting the Korean internet industry, as both the established brands and the startups in Korea develop for IE, their services end up failing to go beyond the Korean market. Hard to globalize your offering when you have to start satisfying a peculiar domestic market, and when you grew up using ActiveX and IE most of your life.
In this talk the founders mention how they were "outsiders" located in the Valley without much connection, and that their initial angels and advisors were their attorneys or those who had tried their service and were impressed by its utilities. http://siliconangle.com/blog/2010/02/24/slideshare-founders-...
In the first ever Techcrunch article about them, Michael Arrington mentions Ross Mayfield (VP of Biz Dev at Slideshare) made the intro. http://techcrunch.com/2006/10/04/introducing-slideshare-powe... This was Oct 2006.
It took them some time to get connected to the advisors: started the company in 2006, got advisors in 2007 - 2008. See http://www.crunchbase.com/company/slideshare and http://www.amitranjan.com/2007/07/05/slideshare-news-welcomi...
Of course I'm only studying the surface, but in their case 1) useful product that the mentors would use (businesspeople use slides) 2) well-connected team member 3) time and persistence seemed to have helped.
Two cases where I'd accept reduced rate are:
1) You're into who we are and what we're doing, and potentially want to become a part of us. In this case we are testing each other out, and there is a mutual risk and cost as the startup will have to make extra effort figuring out how to work well with you.
2) We're mutually doing a favor, concurrently, or in the future. e.g., we're in the same field or town and we want the both of us to succeed to increase our pie; we're personal friends who've been helping each other.
Otherwise, I would not want anything other than your best work for my startup, and will pay the fair price for it.
2) do you see the people you'll work with help with your future, and will you become a better person by spending time with them?