Good to know there's a whole set of actions you have to be prepared for if you list a company's logo -- discounts, set up reference call, etc. Thank you.
I agree. I see single-digit million ARR startups list Google, Facebook, Visa, etc. as customers. Do you think they actually went through the process of getting permission to 1. list as customer and 2. use their logo on the website ?
If they did go through that process, I wonder if there's a written guide somewhere, on how to go about it.
In the less distant future, our grandchildren will read the wikipedia on the NFT mania of 2021 and exclaim "I can't believe you guys were that dumb" At that moment I'll point to the framed screenshot of my reply to your comment and say "There's evidence I stayed out of it kiddo"
Amazing synthesis of facts... so much I didn't know.
I have a copy of The history of the future and was planning to read it. If all it's going to be is PR for Luckey, I will donate it to a used books shop.
Would you have an opinion on VR being the next computing platform? Despite the troubled past, do you suppose Oculus Quest 2 could become THE standard?
Watched the video from start to finish. It's basically too good to be true -- modular, undetectable, lethal, rain proof, etc. Picturing the meeting room where the Anduril salesman plays the video to investors. A distortion vortex is in play due to the founder's previous success and no one in the audience dares object to the claims in the video. Bereft of challenge, the startup quadruples in valuation after the meeting.
Only if you are in all hands on deck mode. It's helpful when a team to be in sync on an urgent and critical issue. Otherwise, always-on communication tends to be a distraction.
I could be wrong on the timeline, but wasn't Ben Evans at that time a partner at Andreesen Horowitz. Partners are expected to be cheerleaders of their investments. After all difficult technologies become manifest by cheerleading them until one of them catches on.
I have only a passing knowledge of Anduril, thanks for sharing your impression of them. But knowing his track record, I tend to believe Palmer Luckey has the ability to achieve daring innovations. That said, with quantum leap innovation, failure is the more likely outcome.
I knew a startup founder who was spending 10-15K Euros on marketing each month. He knew the startup was a dead-end but had raised money and wanted a "managed X million $ budget" bullet point on his resume so he could apply for high-level job positions later on. It came down to fundraising for resume building.