Almost none of the local merchants I tried using Wallet with knew about the feature, and some merchants didn't show up in it at all (they were using Square to run simple cash transactions -- i.e., no product catalog entered into Square).
132 karma · joined October 9, 2010
Almost none of the local merchants I tried using Wallet with knew about the feature, and some merchants didn't show up in it at all (they were using Square to run simple cash transactions -- i.e., no product catalog entered into Square).
I'm not sure there's much of a takeaway here unless you're trying to animate the page scrolling of a full page of sprites (i.e., the example proves itself, but not much else).
It's a great idea: it's hard to get more "targeted" with ads than content that would have been posted within the community anyway.
If anecdotal evidence is any guide, it seems to have been received really well within Forrst, and the backlog was huge the last time I looked (not enough pageviews to match demand).
Go out, talk to people, and they will define what you should be building, and what will constitute MVP or MVA.
You seem to not be spending enough time talking to customers. You cannot define these things on your own, that's the whole idea.
These applications generate news, but they're really just the tip of the iceberg.
That might create tons of new opportunities network content bundles or al a carte show seasons, and mute the furor over the digital-only switch. For $15/mo. you might be able to get Netflix Streaming + Starz + Breaking Bad.
I was personally happy to spend my time doing it, because it was a direct reflection my abilities, and I controlled the result.
I also recently spent a short 2-day stint working with another startup team that was also very instructive. There's no substitute for seeing a team in action, how they approach decisions, collaborate, etc.
I contrast this with the full-day onsite interview I did at one of the old guard dotcoms, which was disorganized, confused, and muddled -- basically, a huge waste of everyone's time. And to cap it off, after I'd had numerous phone calls, in-person meetings, the onsite interview, and bought an SVP lunch (forgot his new bankcard PIN), I got a quick impersonal phone call from HR saying they weren't going to move forward. Needless to say, I agreed.
Seriously, though, startups -- and websites in general -- are continually moving targets. Your requirements are always changing, your user base and their needs are always changing.
You ever see the inside of a FedEx truck? Eeek. Focus on what your customers need, over-deliver on that, and keep the rest together as best you can.
You will learn how to manage your business properly with time, and you'll have time as long as your customers are happy.
Gamification is the new forums.
We live in an age where everyone is a media creator. Instead of spending money on mass advertising campaigns (spray 'n pray) with little lasting value, this type of customer service is like launching smart bombs that target actual customers and the people around them. This story & pictures is now in the internet -- it will be around forever. Is that worth the drive from Hackensack? I bet it is.
I think the question we should be asking ourselves is how can we be this awesome for our customers every day?
First you have relatives. They buy lots of new clothes for you. Then you have consignment shops for lots of basic items, which as a new parent, you are suddenly very aware of. Finally, you have the parents themselves, who can usually afford to splurge on a nice outfit here or there, after the bulk of clothing's been supplied by #1 and #2.
I just don't see a burning need here that will get you across the chasm.
They are freemium because they need to collect as much traffic data as possible to learn to identify threats. Same reasoning as Akismet spam filtering started out with. They also have enterprise level plans, which probably drive more revenue.
Plus, they are only 7 months old. Kinda early to be hatin', no?
Groupon's focus is local service businesses, which, if they're smart, can offset the initial discount with upsells (think liquor in a restaurant).
For more commodity type products, there's limited upsell opportunity, so you're very vulnerable to price sensitivity. And price sensitivity, as you point out, will increase if the market is saturated in deals.
It will be interesting to revisit this in a year or so, as the economy turns around, and see if Groupon and others have had to change tactics.
Yes, he's taken some risks with technology, but he's also worked hard promoting himself to mitigate that risk.
I am not a fan of his writing, but I admire his dogged determination to get up every day and be a writer, in an age when anyone else you asked would tell you to give up and get a job with a future.
24 months does seem to be the avg. term, minus let's say, 3 months ramping up and 3 down. Consider weekends and holidays, and companies are not getting much for their dollar.
I understand the company's need to compete in an entrepreneurial market, but the investment doesn't seem to be worth it on it's face.
Am I missing something?
Email me at tim -at- bitsmachine -dot- com
Example portfolio (mine): http://timbarkow.bitsm.com
All I can see is this guy is really good at writing patents. If you can't beat em, bury them in citations and they'll think you know what you're doing.
How to break free of the delusion? Maybe by pondering the opportunity costs of not pursuing a new startup worth at least 2x (pick a reasonable concrete number) of your current one? Using real, achievable numbers might make it easier to take that leap of faith.
I think most dead startups suffer from "a bird in the hand is worth two in the bush" syndrome (sorry, had to toss in a metaphor of my own) -- knowing how difficult it was to get the "dead" startup off the ground, it's difficult to face starting over.
I was a cofounder of what I used to call "the most successful startup that could never make any money". We got press consistently, did some cool partnerships with big companies (always free), and were driving steadily away from any kind of a revenue model. My partner got stubborn and, frankly, arrogant about the business, despite its professional amateur status, and I had to finally leave. He could not be made to see the light, no matter what I or anyone else said. Now he runs it as a calling card to get himself speaking gigs at conferences.
After writing this down, I'm not sure there was anything I could have said to convince him to spend his time any other way. He's not a math person, so opportunity costs are lost on him. There was nothing I could do but let him man the boat alone and drift off into the night.
It'd be irresponsible NOT to ask.
A small, three-guy startup running on Linode with little to no background in payment processing or security doesn't automatically win my business.
But Linode (mentioned in the footer) is not PCI compliant by default, so it's worth asking what they are doing since they DO touch the credit cards.
SuperDuper is great. Having a bootable backup is awesome when things go wrong. The RAID gives me some peace since I can't afford to lose this data. Backing up the backup online somewhere is my next step, I think.
Your signup and login pages MUST be bulletproof.
Autofilling city/state from zip, for example, requires an updated database of postal codes, but users will often consider your autofill city as "wrong", since they use a different district/locale name. Make sure users can override your guesses.
"Clean" is not a goal, nor is "messy". Given how many articles on lean startups and testing are posted here on HN, I'm surprised how many readers are swallowing the author's advice without questioning WHY "clean" is better or necessary. The author himself said here in this thread that he isn't interested in testing at all. That, to me, shows a fundamental misunderstanding, and frankly disrespect, for great design.
The parrot secrets ebook is a classic example of great design that is definitely not "clean". Yet it is successful.
Never confuse your personal aesthetic with design.
There are great books to learn from, and everyone should take all these book recommendations to heart. But take the time to absorb the professional advice, and try and synthesize it into rules you can work with and apply properly.