Great way to build some links!
505 karma · joined August 20, 2010
Plus HN has some of the best tech/biz news around.
Do you bring anything to the table? I mean come on, my mother has ideas AND friends. And she is really a mother-type, not just "sort of" a mother type.
As a non-hacker myself, here's my suggestion:
Figure out the bare-bones alpha version of your idea. Spec it out as detailed as you possibly can.
Now take that doc and pitch it to a developer in your town, in person. Meet them for coffee, buy them a beer, whatever. Just get them in person to pitch them on the idea.
If you can't get a single programmer to meet with you...you're not really a "business-type".
"business-types" can close deals and convince people (yes, even programmers!) to join them.
Someone needs to learn pretty URLs...
Great bloggers aren't great bloggers because of their blog platform.
I'm glad kids these days aren't blogging. Less competition for my websites.
I've never worked at a big company. I started and mostly failed at my first venture out of college. 2nd one did well. Never got a real job. Now don't need a real job, I love the one I've created for myself.
Why should I go work for a big company? To work more hours for little to no upside?
I can see some advantages....just not enough to make me quit working for myself.
If so, why not try getting one or two screen done at a crowd-sourced place like http://www.99designs.com or http://www.crowdspring.com
Come on, we all know iPad 2 won't be coming til next year....right, right? (crosses fingers for EARLY 2011...)
You could check out a non-traditional source for financing like http://www.lendingclub.com , but even that maxes out at 25K and is personally guaranteed (rate depends on mostly your credit score). (disclosure: I did some consulting for them a few years ago)
Bottom line: Small business loans aren't for startups, they are for established businesses.
Nothing wrong with betting the farm at 21 & single.
Now, 27 & married, I've found that I'm much better at taking calculated risks without betting the farm.
I still don't use facebook much anymore though. Doubt this will change that.
I swear, if we all spent as much time on our products, and less time reading about fundraising....well, we'd probably force AOL to shutter TechCrunch in a month.
Valuations for stable websites with those earnings are usually anywhere from 1x-4x annual earnings. Depends on a lot of factors of course. If you'd like a more in-depth review, send me an e-mail (myhackernewsname @ gmail.com)
A few months later I asked another girl out.
Two snowstorms and a few years later, the third girl is now my wife.
Rejection isn't always bad.
You'll get a good deal, and a significant upgrade to your current design.