Exec at a B2B software company. Joined when it was 12 people with no money, customers, or product - Unicorn company today with same exec team.
1. Agree
2. Agree
3. Chasing VCs was required for us. I have been in 100s of VC meeting supporting our CEO through two companies and many rounds of funding.
4. Agree
5. Agree
6. Full stack devs preferred. The right UI and DB specialists are game changers though.
7. Agree
8. Invest in a marketing lead machine from day 1. e.g. Glengarry Glen Ross :)
9. Agree
10. I am not a hugger. I prefer to hire people who do not give up. Everyone wants to convince you what ever you are trying to achieve will not work. If you hire people who do not do well with failing, they will really struggle with a failing fast approach.
11. Cannot relate
12. Cannot relate
13. Big companies can be helpful. But, when you are small, the numbers you generate are round off errors in their financial reports. It is very hard to align a win/win situation that keeps them interested.
14. Cannot relate
15. Agree
16. Agree
17. Agree
18. Agree
19. Agree
20. I admire companies that have grown by bootstraping. Bootstrapped high growth companies are rare. You will most likely need funding to grow your idea - great talent is not cheap.
Add: You need both a developer and a sales person to start a software company. You have to build and sell software to stay alive. #9 is very true.
Ideally, you start selling before you build - definitely sell before the product is ready. This gives many developers anxiety. Do not underestimate how hard or how long the sales process is. The worst situation to be in is that you wait for the product to be ready before you try to sell it - this is death to a start up.
There is science driving the design of products to make them addictive.
For teen girls - the apps are designed to scare them about being socially excluded. For teen boys - the apps are designed to fill their need to master skills.
The issue that the government has to deal with with app addictions is self harm attempts by girls (e.g. emergency room visits) and underperformance of boys in the real world (e.g. low college enrollment).
Yes - I was making a mistake. I was trying to describe the effect of both masses. When one is much smaller than the other, then the movement is mostly in one direction. When they are closer in mass or even equal, they move toward each other. For example, if you have a 1 liter water bottle filled with a material that gives it the same mass as the earth, then the two bodies will move toward each other, and the water bottle will seem to move toward the earth much faster that the 1 filled with water (1kg). If it is filled with a material, that gives it much grater mass than the earth, the earth will move toward it.
The force is on both objects at the same time. The force in F = ma is a function of the mass of both and their distance. If the mass is different in the two scenarios, then the force is different. On earth with small weights, they seem the same because of the precision of the measurement.
1kg mass and a 2kg mass do not fall at the same rate. The Gravitational force is (G*m1*m2)/r^2. You are observing that m1 (the earth) is much much greater than m2 (the 1 or 2 kg masses), and you are simplifying to (G*m1)/d^2 because of the precision of the measuring device. Also, d is the same for both masses.
1. Agree
2. Agree
3. Chasing VCs was required for us. I have been in 100s of VC meeting supporting our CEO through two companies and many rounds of funding.
4. Agree
5. Agree
6. Full stack devs preferred. The right UI and DB specialists are game changers though.
7. Agree
8. Invest in a marketing lead machine from day 1. e.g. Glengarry Glen Ross :)
9. Agree
10. I am not a hugger. I prefer to hire people who do not give up. Everyone wants to convince you what ever you are trying to achieve will not work. If you hire people who do not do well with failing, they will really struggle with a failing fast approach.
11. Cannot relate
12. Cannot relate
13. Big companies can be helpful. But, when you are small, the numbers you generate are round off errors in their financial reports. It is very hard to align a win/win situation that keeps them interested.
14. Cannot relate
15. Agree
16. Agree
17. Agree
18. Agree
19. Agree
20. I admire companies that have grown by bootstraping. Bootstrapped high growth companies are rare. You will most likely need funding to grow your idea - great talent is not cheap.
Add: You need both a developer and a sales person to start a software company. You have to build and sell software to stay alive. #9 is very true.
Ideally, you start selling before you build - definitely sell before the product is ready. This gives many developers anxiety. Do not underestimate how hard or how long the sales process is. The worst situation to be in is that you wait for the product to be ready before you try to sell it - this is death to a start up.