65 karma · joined February 22, 2007
The game industry is organized kind of like the music industry. Small studios are the bands to the publisher's record companies. Small studios (typically under-funded and over-ambitious) beg the big guys for money to work on projects. They often get screwed. Fight to get your name in the credits of any game you release. OTOH, many many games never get released.
Hm. Re-reading your post, it occurs to me that the startup may not be a game company.
I've done the startup thing. I've worked 9-5 er I mean 9-6, oh, wait it was more like 10-7:30. In the end, any job will require you to put up with things you don't like. Obviously, some jobs are a better fit than others.
I find the startup smugness naive.
Rocky's Boots for the Apple ][ taught me pretty much everything I needed to know to pass my first digital electronics course.
One for me, one for my Dad. He's 75, and still writing Mathematica notebooks and software to try to help educate people in developing countries. Rock on dad, this one's for you.
Make sure you do lots of extra-curricular work that you enjoy, and that's difficult. If your grades aren't great, you can show off projects to get jobs. If you want to make your own job, grow it out of your projects.
I failed out of school, and I'm an inconsistent employee at best, but I only know a couple of people who work harder than I do, and they're all business owners.
Went back part-time about 5 years later, and failed a compilers course after I decided to forgo the group, write the compiler myself, but got sidetracked leading bots in assault mode on Unreal Tournament.
I really learned how to study about 2 years ago. Sigh.
Spending too much time playing games was a major contributing factor. OTOH I now work in game-development.
I occasionally think about going back so I can some day get a post-grad degree, but don't relish being some profs biatch.
I have a university library-card, read theses and research papers, and generally do whatever I damn well want, while getting paid and hatching product ideas.
P.S. That was something that happened before 1985.
No other dogma really applies.
I mean, prescriptions, elective treatment I can understand. But are you saying that you actually need to pay just to walk into an examination room?
An MBA is barely a college degree. Compare how much you learn in engineering, or the sciences, to what you learn in an MBA. It's all hype except the networking and resume-filtering.
I keep trying to convince my MBA friends to drop out and start something, but it seems to attract non-entrepreneurial people.
This seems like an extraordinary amount of money.
There's a very healthy ecology of small software companies, and a lot of web companies. There's a bit of defence and aerospace around the airport, but I think Montreal and Ottawa are bigger than Toronto, for that.
Kitchener's not too far away, and they're a major powerhouse with U of Waterloo, and RIM.
ATI just got acquired by AMD, and Alias by Autodesk, so there should be some newly minted angel investors around. I haven't sought financing, so I don't know what that's like. Having been through some private-equity as an employee, the funding definitely seems to be out there.
I think we're building a pretty good tradition, but it's going to take time. The seeds are there though, looking back over the last 20 years (god, I'm getting old!). There's nothing like the unholy Stanford-VC-startup triad yet.
So, I'm not really sure what to say. It's probably harder to get funded here than in CA, and you obviously won't get the same buzz as being YC-funded. On the other hand, if you want to work at a startup or small, hip shop then there're lots of places here.
EDIT If I ever move out of my home-office, I'm going to try to set up next to the U of T comp sci and engineering buildings. That's the nice thing about a down-town campus.
So, it's good that you know what you want, but if someone offered to take you halfway there, would you turn it down? What about one tenth of the way?
Remember, most businessess fail. Yes, that includes yours, and some of mine. :)
Going to the original startup school, and watching the YC dinner on Justin.TV has re-inforced how important it is to have a local support network. Even if you're not working on the same stuff, there's an energy that's motivating and focusing.
Whether you're planning to apply to YC, planning to start something locally, or already on the way, let's meet and share the energy.
You can contact me at spameatinggrin at gmail dot com.
I understand YCombinator's rationale for having founders move to Boston, or the Valley.
That said, it might be great for you guys to get local footholds, where people can meet, organize, find co-founders, etc., before deciding to seek YC funding.
A recent employer gave me 3 weeks of vacation. Great! Never mind that they kept asking me to delay it, for a year because each artificial deadline they created ended up slipping. There's never a good time to take vacation.
EDIT Therefore, it's always a good time to take vacation (given sufficient notice).
The numbers work for me. I'm married, and have a mortgage.
I guess I was blurring the line between being retired and semi-retired. Were I to earn such a lump sum, my daily activities would probably look the same. I just wouldn't be working for anyone else, and wouldn't have that mental burn-rate / countdown timer going.
Controlling expenses is a very powerful tool. For every after-tax dollar you save, you're saving like 2 pre-tax dollars. So, it's much more effective to save $1 than to earn an extra $1.
Here's my mental hierarchy of wealth. Each one represents a drastic change in quality of life, and options. It's somewhat logarithmic.
1) Stop living month-to-month. I.e. at the end of the month, you have enough to pay another month's expenses in the bank.
2) Pay of all debt, except mortgage.
3) Stop living year-to-year. I.e. at the end of the year, you have enough money to not work next year, possibly having to reduce your quality of life, but not to poverty.
4) Semi-retirement. If you didn't work for the next five years, you'd still have enough money to start a business at the end of the period.
5) Retirement. You can maintain your current lifestyle, or a slightly scaled-back one indefinitely. Mortgage is paid off.
6) Rich. Your kids could do (5), if you decided to fund the lazy brats.
7) FU money.
Regarding (2), though. I think making $3M in 3 months has a lot more to do with luck and hype than any inherent skill. So, obviously those numbers were pulled out of thin air. The likelihood of that happening is extremely low.
Also, having a job you enjoy is no panacea. Whenever you're working for someone else (even the customer), there are things you won't enjoy. The discipline that allows you to do these things is the same discipline that makes it possible to work at a job you don't really enjoy.
Having said that, I agree with the approach of sacrificing quality-of-life for, say 5 years in order to never have to work again. Doing this for something you mostly enjoy will allow you to put in the effort without killing yourself. Unfortunately, this can become self-perpetuating. There's no inherent good in working.