357 karma · joined April 24, 2011
Tangentially related, but an early strategy of the Ford motor co was to double the standard factory wage of it's employees, so that the purchase of one of its automobiles was within reach and seen as the bonus of employment. It did wonders for their introduction of the automobile to America.
I'm a designer and relatively intelligent person by trade, and I have a difficult time with markdown. It requires me to have a guide open, to be able to write. No "normal folks" I know can decipher markdown.
The trick is to make styling easy -- not to make styling an afterthought. The writer, writing on Medium, should recognize this.
There's something to be said for uninterrupted focus, whether its an individual coding solo, or a business focused on steady growth.
Iron oxide is a natural fungicide which protects the crops and animals inside the barn.
1. Advertising rates are far below the author's $10-20 CPM estimate for dashboard advertising; $10-20 is for legitimately premium advertising such as high-end audiences, wrapping a website, etc. Dashboard / banner ads will fetch $0.5-3 CPM the way Tumblr is running them.
2. The "valuation" formula of 10x trailing ("or"?) forward revenue is misplaced. Revenue multiples in acquisitions are often reserved for companies which are mature and predictable, not in early stages of their revenue plan. Corporate acquirers will often times use the expectations of the revenue created for the acquirer, which has little to do with the target in the status quo. Yahoo's expectations of revenue creation could be anything, and they have their own internal formula which we can't glimpse.
Like most things at a startup, there are cycles. Sometimes work is 9-6, sometimes its 9-9. Consistency is uncommon, especially at the earlier stages. While you might not have time to date at the moment, you probably will later.
A few points: 1. 9pm is the perfect time to grab a quick bite with friends and head out. There are a ton of great bars / spots which offer a casual environment to be with female / startup / life friends, eat drink and meet guys if you so choose. Ping me for recommendations. 2. The internet (and especially OK Cupid) are great for arranging lots of dates with little effort. 9/10 of the people you meet will be boring or not click, but 1/10 will surprise you. Everyone uses it now, especially as a filler for in between relationships. 3. SF has a great friends-of-friends atmosphere. Go to parties. 4. Learn to love a busy schedule. You can easily cram more into life by going out after work, still getting a good nights sleep, and going back to work the next day. If you're only working M-F, it'll be the most active time of your life.
While it may look like a failure, if anything you've achieved an incredible success and compacted a long, arduous process into an incredibly short timeframe.
Congratulations.
Money begins as the driving force to launching a company, but I've learned that once you get going, you quickly forget about money as the reason for building a company, and begin to appreciate the process of BUILDING.
As much as you think you're done, I see the underpinnings of an entrepreneur, if you can stomache it.