Six Apart acquires and shuts down Pownce
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Why is it so hard for the media (print and web) to cover technology start-ups and founders that are actually changing the world and/or making a profit?
Are you telling me that 3 months ago the Inc editors saw Pounce as some huge, valley juggernaut–and now it's shut down? Or did they just have that much trouble finding good under-30 entrepreneurs?
There are plenty of folks out there (even young folks, say 20-30) who are making millions each year from businesses they're not shouting about. They don't get the same sort of self-serving press these digital socialites get, but they're still raking in the dough and having real success.
Entrepreneurs have to make a decision. They can either be part of the in-set and get a constant ego boost from the press, or they can just get on with running their business. The smartest people choose the latter.
I'm honestly not bugged personally about any lack of press. Having a successful company with no press is much better than the opposite (like you said).
I think my main beef is with the press itself (not the companies). I enjoy reading Inc mag ... but I was suspect as soon as that issue dropped in my mailbox. I knew Pownce wasn't "hot" and that it probably wouldn't last. Aren't they worried about looking stupid when crap like this happens?
I wish a Inc (or someone) would send 1 good journalist and 1 good photographer together on a road trip to profile a dozen tech startups that (a) aren't in NYC or the Valley, (b) have substantial revenue or growth and (c) haven't set out to be the "Next [INSERT UNPROFITABLE SOCIAL NETWORK/UTILITY]" ... it would actually be an educational and interesting read.
Further, tech journalists are not known for taking risks to get stories (compare to photojournalists). They could travel to Duluth and profile a start-up there, one in Huntsville, one in San Luis Obispo, and wherever, but the risk is too high of not coming up with a solid story. In the Valley they can rely on their contacts (often well established entrepreneurs who are part of the digerati) to give them more of the same. Outside of the valley? Unless someone in the digerati knows you or you're making some really big waves, the risk of coming out to profile you is pretty high.
* Flickr (Vancouver)
* LiveJournal (Seattle)
* Del.icio.us (NYC)
* 37signals (Chicago)
* Friendster (Silicon Valley)
* MySpace (Beverly Hills)
* FaceBook (initially Boston)
There's a pretty good geographic mix right there, even among unprofitable ad-supported startups.
Consequently, I really like Kevin and I wish he never left TWiT. It was the old TechTV re-united and with everything in their control... one-by-one it seemed each person left or became less involved as TWiT launched them into different careers. Can't blame them tho -- TechTV and TWiT were fantastic springboards for all those involved.
I tend to associate most of the success with Paris Hilton and Yahoo ;-) In case you weren't around in Feb. 2005, her cell phone got hacked and someone put up some pictures and contacts on their site and then submitted it to digg. It got indexed by yahoo and ended up as the no. 1 and no. 3 search results for "Paris Hilton Cell Phone." Once we got the site back up :-( we discovered our traffic had increased drastically.
Aside from being one of the lead engineers on Pownce she wrote parts of the OAuth spec as well as the standard Python implementation.
Why not comment on her engineering talents instead?
Inc and the rest of the tech press have featured plenty of less attractive people who get a professional photoshoot and come out on top. They don't get reduced to being successful because they are "hot" because they aren't girls.
While I know her looks haven't hurt her career I see HN as a place where people make more rounded comments than yours. Just because you can say it that way, doesn't mean it's worth saying.
[1] Notable women are presumably twice as scarce of notable people or either gender.
[2] One can only do so much with one's life, especially if one aims at being the best at something.
http://leahculver.com/2008/11/25/couchdb-documents-python-ob...
Naively posting about one or two topics says little about one's programming ability, and much more about one's willingness to be open. It would mean a lot more if Pownce wasn't any good. But it was featureful, it seemed to work well, and quite a few people liked it. Dissing Leah for posting a few silly things is just nastiness.
and i don't see any evidence that leah had that much to do with pownce's features. if her blog is indicative of her code, my first guess is the other pownce people were doing all the work.
I've written a lot more code that's both more convoluted and didn't work. I'm not judged for this, because I don't often talk about it. But people should have the right to be occasionally mistaken on their own blog! I don't think the presence of such mistakes takes at all away from accomplishments.
Hers is basically a coded version of what you'd do manually, eyeballing past the decimal. She's more familiar with string conversion than ceil, floor and round. So? That merits public judgment of incompetence? Of being an impostor?
Yes.
I am not trying to be nasty here, but code like that makes me cringe. And yes, if I saw code like that, I would make a strong presumption of programming incompetence.(which is all right. Not everyone has to be a good programmer. As pxlpusher notes above, "get it done" competence is often more valuable).
Since it was publicly posted code, I don't see a problem with "public judgment" either.
"Of being an impostor?"
No. Programming Incompetence != Being an impostor. Anyone can be genuine and incompetent in a particular skill.
So judge that code. There simply isn't enough information to presume programmer incompetence (let alone make a strong presumption).
In my experience, code reviews are humbling to one and all: Bear that in mind before you raise charges of incompetence.
Sure, but as someone said above
"I agree in theory, but ... converting a float to a string to compute an average?"
We'll have to agree to disagree on whether code like this indicates programmer incompetence. To me, it does. YMMV.
I like beautiful, elegant code as much as the next person. But I've done worse than this, often on purpose, in the name of just getting something working.
However, I can't say I haven't said embarrassingly stupid things from time to time...OK, at least not since treating ADD, but still...nobody's perfect. I would also like to point out that there is merit in the approach she took, in that she just got it done instead of hesitating and thinking over what the optimal solution would be. A good example of iterating on a functional original.
The CouchDB post is about someone writing something others might find useful, acknowledging that it might not be the best solution, and graciously accepting corrections from others. In short, everyone's a winner.
The rounding number post simply reflects that the days where a computing bachelors was taken under the Faculty of Science have long since past.
We've all written code that was stupid beyond all comprehension - even PG will cop to that - so never having written bone-headed code isn't a prerequisite for being a good programmer (edit: the opposite is probably true). You need to judge a body of work.
But think of it this way, your "hacks" will keep getting better and better and cleverer and cleverer.
I heard a (probably apocryphal) story about Picasso being asked to sketch something at a restaurant once. He obliged, and doodled some lines on a napkin. Then he asked for a lot of money for it. The lady balked and said "but it only took you a few seconds." His response? "It took me 40 years."
Decent blog post on the topic. http://www.ianlabs.com/2007/04/01/inherent-value-in-design/
So she isn't the next guido van rossum, but if any of us ( maybe even guido ) posted our thoughts, code examples, and solutions on a blog there would be many examples of less than ideal or poor code.
While I thought Pownce was useless and never used it myself, it was a good-looking product and it had a nice layout. Six Apart would do well to learn from the Pownce team about making a pretty product.
> I’m a founder and the lead developer of a social network, Pownce, that lets you send stuff to your friends online.
stop wasting the precious hours of your life
good god please bury this term, the yc fanboys have turned the "startup" lexicon into such a shallow cliche that its almost at the point of parody. you don't have a "cofounder", what you have is a guy down the hall in your dorm
I can't think of anything else I'd want to spend my freshman year on.
try your homework, it'll pay dividends unlike yet-another pointless website
Project work shows initiative at the very least. But again: I'm not doing it for a resume. I'm going it because I have a good idea and I want to realize its potential.
why are you telling me this? just drop the fuck out now and save the money you are pissing away on tuition if you are convinced its all just a waste of time
but get used to being self-employed, because without that degree you won't even get through filter0 for any recruiter or hiring dept. hard to tell a cto how smart you are when the HR staffer shreds your resume because your last education is high school
This is not to say grades are entirely meaningless, though. I've definitely taken a few classes where getting an A took more than obedience.
I still think that projects are more valuable on a resume (or, I'd look at them more if it was up to me), because with a project you can see exactly what work was done. I can see something somebody made and understand what they place emphasis on, what details they skim over, and - to some degree - what taste they have in certain subjects. It's not valuable just because it's on the paper, but because you can glean more from a project than you can from a grade point average.
there were also many cases where i've felt that getting a higher grade would mean i'd end up learning less - as in, i'd focus on completing projects/assignments/memorizing what's needed immediately for the test vs. focusing on truly understanding the material and how it would apply to the real world.
this quarter of graduate school i'm also taking twice my normal load while still working full time: reason is one of the courses i am taking is only offered once every few years. this could mean a lower grade, but i'd end up walking away with greater knowledge.
Also IMHO college/university has to be one of the best places to meet like minded people.
If your aim in life is to work at a company where you have to tick boxes and go through a hiring dept which hires you based on some grades, then sure - get the grades.
Personally I've never been at an interview where they care what grades I've got, they care what I've done, and what I've built.
I'm the CTO for a 20 person startup. I only went to one year of college. Art school even.
Went to an art school for their writing program (wanted to be a writer) and they cancelled it the year I got there. I sat in the computer lab (this is 1993) and taught myself everything I could about anything related to computers. I mean I literally hung out in the labs for 12-14 hours a day.
I learned to write software that year using SuperCard and writing extensions in Pascal. My college was the second college in Minnesota (the U of M being the other) to get internet access. No graphical web yet and you could only access it on NeXT boxes, of which we had an entire lab.
Wrote what I can safely say is the first graphical instant messenger application. Worked on the local LAN via AppleTalk. It didn't catch on, but when I saw ICQ several years later I kicked myself in the pants for not pursuing it.
I got kicked out of school for not going to classes but was offered a job in the labs by the dean right after he booted me. I turned it down.
Six months later, a professor tracked me down and hired me to work at his digital photography studio (one of the few to have the hasselblad $15K digital leif-back). Built my first website in 1995, three days after Netscape 2 was released.
Haven't looked back since.
Some people do need to go to college though. Some people don't. Timing is as important as the ability to teach yourself. Being OCD totally helps. Ambition, timing and a little luck are the most important things.
YMMV.
I'm maintaining straight A's, partly because I'm in a set of programming-intensive classes. I do both at once.
My site won't be pointless. It appeals to a niche that hasn't been appealed to yet, and we've got a non-community driven revenue plan. The goal is that even if our community doesn't start off strong, the technology driving the community will.
take something away from undergrad: if you want practical experience work on business-wise pointless but technically interesting projects (just for yourself) or open source projects. take the time to learn mathematics (calculus, calculus-based statistics), electrical engineering and physics: web fads come and go, but solid scientific knowledge stays with you.
It's not just "knowing how to make a dynamic website", too; in fact, after I finished, I vowed never to use PHP again. The most valuable skills I got from FictionAlley were all soft skills. How to balance a dozen different feature requests and pick out a design that isn't what anyone suggested but satisfies them all. How to diffuse a massive PR disaster. How to deal with a completely unreasonable customer. How to make your life a living hell by promising features to users before they've been developed. How to (roughly) estimate the time a project will take (if you're just starting out, expect it to take roughly 10x as long as you expect). How to build things incrementally so you get to the finish line eventually.
I picked up a couple useful technical skills too; I learned all my UNIX, SQL and vi skills from that project, along with softer technical skills like how profiling, logging, optimizing, diagnosing performance problems, etc.
Most of this, you simply can't get in college. The projects are not of sufficient scope. You'll never have an unreasonable customer for a homework assignment, no matter how much you hate your professor. ;-) You probably won't have to maintain code that you wrote 3 years ago and can't stand now.
Heck, most people don't get to deal with that at work until they're in their late twenties, or even well into their thirties. I have older alum friends that graduated before I matriculated, and they're just now getting into positions where they have to balance competing tradeoffs between different groups.
I actually risked my degree a whole lot more than unalone is doing - I was a physics major, and it's a lot harder to do dynamic web programming + upper-level physics than it is to do dynamic web programming + CS. It ended up working out for me (after a really nerve-wracking last semester) and I got the degree, the fundamental math/physics/CS knowledge, and the experience of working on a fast-growing website. But if I had to drop one, I'd say drop the degree, get the fundamental knowledge from textbooks, and do the project.
Your interface was one of my favorite FF ones. I liked how you sorted by author name rather than genre: it put the emphasis on the writers, which was really neat.
It's funny, in the "When will you consider yourself a success?" thread, I was thinking that my answer would be "When random people I meet say, 'Wow, you built X! I use that all the time' where X is some project I've done." It's really gratifying to hear someone using it.
That is so cool.
My co-founder (apparently that term's inappropriate now) is very much a math-and-science person. I'm not averse to them - I took calculus in my junior year of high school - but at the same time, that's not what interests me. I'm much more an arts person: writing, music, theatre. It's a good combination, because we look at what we're developing in different ways.
At the same time, I'm learning how to program, I'm in a digital arts course, and next semester I'm taking an upperclassmen programming course. I'm not planning to throw my life away on a project. But if I've got a good idea, I'm going to try to implement it. I'm young: I can risk failure.
Sure but don't risk your undergrad. Graduate school is a much better time for this. And to quote DHH, don't treat your life like a planned waterfall project: "I want to do web development, so I will do X, then I will do Y."
I don't think that web development is my big thing. I'm interested in the web, but I'd hate to have to work on ideas I don't love. My current project is something for writers, so it has practical uses for myself as well. And YCombinator summer happens in Boston, which happens to be the place I want to go, so I told my cofounder and we agreed we'd give it a good try.
Important corollary: you'll never have more free time to pursue personal projects than you do in college. You don't need to quit school to find the time to make a popular website (just ask Rob Malda).
but one way to increase your chances of winning (that is, drive a start-up to profitability or a home-run exit) is to get a body of knowledge that makes you stand out from others.
i certainly agree that college is the time to pursue personal projects: but personals means exactly this, personal. work on projects that will teach you the most vs. the projects that seem to be the best from business perspective. you have rest of your life to spend worrying about making a profit.
for 2 years out of my undergrad career i did contract systems administration / internal web app development. however, i've learned a lot more about systems administration. in retrospect, it'd have been better spent otherwise. trying to have personal projects while working full-time and doing a part-time masters is a great luxury.
I think that the best metric is a third thing: "work on projects that you like the most."
I think that the start-up I'm working on will teach me a lot. And it's got more than enough potential to earn me a living, too. But more than that, it's an idea that I love. The fact that I think I can sustain myself with it is an added side effect.
I mean, I won't drop out of college just for the heck of it. My co-founder and I are applying to seed investors, though, and that means we'll spend time on leave from college working on the idea. If we get accepted, we'll work on the project full-time for as long as we can. But if we don't, then it'll continue to be a side project and we'll launch it from college.
And I found it wasn't time that was the limiting factor, it was attention. I found it really difficult to have spare attention to devote to personal projects when I was a physics major, learning CS fundamentals (mostly on my own, but I took some upper-level electives and ended up finishing the major), doing sailing & orchestra, and trying to have a semblance of a social life. Might be easier in a less-demanding major with fewer activities, but I found it a lot easier to do personal programming once I got a job.
* Bill Gates had the resources of an extremely well-connected and wealthy family to hedge his risk. He has also repeatedly and publically advised young people to stay in college, and not follow his path.
* Mark Zuckerburg didn't leave college until Facebook was growing so quickly that he had to make the choice.
* Larry and Sergey were grad students; they were trying to get their doctorates, not their BS degrees.
Ignoring all of that, there's some serious selection bias going on: for every Bill Gates, there are ten thousand droupouts who are flipping burgers.
When I see all the posts telling you "what would you tell your younger self", that's what I think (at the age of 25, working full-time while attending graduate school part-time and dating somebody an hour's drive away).
When you're a full time student... you don't know how great being a full time student is in many ways: not a worry in the world, you just manage your course load; you select the time of your courses, deadlines are reasonable and set ahead of time. On top of that if that there are smart and inspiring people for you and plenty of courses that you can take just for the hell of it (I really miss taking history and philosophy courses).
Of course it's easy for me to wax nostalgic about the great college days when I just drove home (to an 830 sq ft apt all to myself!) in a sports car I purchased new, after dinner at an upscale Indian place -- I am tempted at times to just take a leave of absence from work and do graduate school full time -- but once you're used to a certain lifestyle it's not easy to go back and cut your spending drastically.
Right now, I'm learning Processing in one class. I'm not learning anything new about language: I already know Java. Processing isn't used as much, and from what I've seen it's not doing anything that I want to do. We learned Scratch, which is a childish language, and ActionScript, which I've already worked with. I love learning new things; what I don't love is being in a place where I'm not learning and have to do busywork, while I have an idea and think I can mess with it. If that goes wrong, I'll know enough to find a program that teaches me exactly the thing that I go wrong with, and next time I'll be more prepared.
That's not to say everything that you study will be meaningful and exciting. There's tons of busywork in college (especially in the first few quarters, when they're bringing the slow kids up to speed), but that's life! If you think you're going to escape busywork by starting a company, you're being naive.
More to the point, if the stuff you're studying is so boring and unrewarding that it makes you want to quit, then you've got plenty of time to work on side projects while things get more interesting. That's where the free time comes from!
Looking back on it now (and having had to implement many of the algorithms we learned about in that class in C, Java and other languages that are less suited for it), I wouldn't have been able to grasp many of the sorting, binary tree or hashing algorithms nearly as easily in another language.
To my own surprise, one of the things that I now consider most valuable about my undergrad degree was that it forced me to at least grasp Scheme and Smalltalk.
Looking back I regret not having pushed ahead and taken that leave of absence because working even for one year in a company makes one appreciate the subjects of the classes in college much more... And I feel part of the classes of college were wasted on me because I lacked the experience to appreciate them
It's more that I'd rather take risks early. If I try this and succeed, I have more of a vantage point. Perhaps I'll end up at a better college, at a better program. If I stay in college for four years before doing this, my idea might have been taken, and if my idea doesn't work I'll have to hunt for an alternative venue. Right now, I've got the ability to leave for a little while, then come back, and I don't see why I shouldn't at least try.
Ignoring, for the moment, that a college degree lends you business credibility that's difficult to obtain otherwise, it's important to realize that quitting school right now probably won't give you a strategic advantage. Quit school, and you've got to feed yourself, house yourself, pay the bills and do a million other things just to manage your life. Stay in school, and you've got to do some homework. Otherwise, you're surrounded by smart people, free resources, subsidized housing and food. It doesn't get any easier!
Assuming that you're not going to some ridiculously expensive private school (and paying for it out-of-pocket), I can hardly think of a better place to start a business than a University. I've never had more free time than I did as an undergrad, and I think that others would tell you the same.
Before you make this decision, you should talk to people who tried. However, as I've said, life isn't a planned waterfall project. You seem bright, focused and most importantly confident.
I guess what I mean to say, don't come away from this knowing _nothing but_ web development (whether with a degree or not).
When I was an undergraduate, systems administration was all I wanted to do. Then all I wanted to do was backend web-development. Now I've realized that both of these are just narrow technical skills that anyone could do, but I am no longer nineteen (yet luckily, I'm also not 30 yet).
I tried to check your profile but it was empty.
Reviewers - except when on industry-formed panels - are rarely any good at producing what they're reviewing.. that's why they're reviewers.
Democracy relies on this concept of making crude judgements. The "Bush sucks" and "Liberals are socialists" nonsense is crass and often wrong, but people do think that way when voting. If we had to understand politics, economics, and government to a truly informed level, turnout would be in the single digit percentages ;-)
Thankfully, he got voted down to oblivion - so it seems like the majority believe it was a cheap shot and not worth paying attention to. Doesn't mean he was any less qualified to express the opinion though.
this is like a fast-food franchise owner who consistently serves poor quality food saying an expert chef (who, however, only works in a gourmet restaurant but has never run a restaurant himself) has no right to criticize their food quality because he isn't running a business.
the parent is disputing whether the acquisition for "the talent" in this case makes sense: your rebuttal here seems to be circular "6a acquired pownce because pownce founders are talented. pownce founders are talented, because they made something that got acquired by 6a".
It wouldn't surprise me if within 3-6 months, Six Apart launches a rebranded version of Pownce geared towards companies and enterprise to compete with Yammer. As much as it pains me to agree with Arrington and Calacanis, I'll admit that Yammer has a good business model. And I can't imagine that it would take a tremendous amount of development time to make Pownce ready for those types of customers.
These are pure wag #s, of course.
On the cost side, say that 1 fully loaded dev on starvation wages in the Valley costs $10k/mo (taxes, benefits, costs on top of an $80k/yr salary). Hard to tell with their about page, but it looks like they have 3ish FTEs. Add in office (dunno), servers (?), contract folks (legal, accounting, etc), and I bet you have a burn rate of $30k-70k/mo. If they are getting paid market rate, on the high side of that.
Generally you calculate a FTE at 1.5 - 2.5x their salary in terms of fully loaded cost (taxes, benefits, minimal overhead). In this cast, I was thinking $80. Do you think that team (or any funded startup team) earns less in San Francisco?
I've found that good healthcare + FICA + SECA + 401k costs about 15%-20% overhead on salary, not anywhere near 50%. ($120k/$80k = 1.5)
In any case, I agree with the general analysis.
http://www.alexa.com/data/details/traffic_details/pownce.com
My blog has a much higher Alexa rank than pownce but has half the unique hits (based on numbers given above). I skewed my rank myself using the SearchStatus plugin for Firefox.
Personally, I think this "acquisition" is a hiring technique. Instead of making Pownce look like a failure, 6A acquires it and shuts it down - the creators then look like heroes. If 6A had got them to shut it down and then hired them, they'd look like quitters running away to cushy jobs instead of being devoted to their startup. An acquisition makes it look a lot nicer in PR terms for both parties.
They get shiny PR-magnet people as employees, halfheartedly using Vox.
As an ancient example, that's how it went with Philip Greenspun's ars Digita and their asset sale to Redhat.
However, my brief experience with the app was to create an account, login 2-3 times afterward and then never touch it again. I was surprised, like a lot of other people, about the amount of press they were getting for such a mediocre app.
Creating a website teaches you a lot, and is a lot of fun.
A model worthy of emulation indeed.