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We are in the 500 Startups Summer accelerator class and are looking for talented front-end developers or designers. This is a great opportunity to join a startup at the ground floor and learn how to start and scale a company. Not to mention, you will be able to network with the 500 Startups mentors.
We are looking to hire both interns and full-time positions.
If I remember correctly, USV didn't exactly pass, but made a play around the time Sequoia did.
I think the biggest difference is the funding environment. In a way, it's a networks effect problem.
There are consumer Internet companies that made it big in the valley, in the process, creating millionaires who "get" consumer Internet. They then go on to create or fund other consumer Internet companies.
Meanwhile, in Boston, there hasn't been a significant consumer Internet exit.. at all? (Wow, I can't think of one right now) So the promising consumer Internet businesses and talent in Boston, who can't find the seed funding or the mentorship, move out to the valley.
Also, Angel List doesn't push any investment philosophy, it just gives investors access to deals. As an investor, I would think that access to deal and information flow would be valuable assets.
One thing I've done in the past is just show up. I've found that people are more defensive on the phone since the only time we get calls from people we don't know is sales calls. Show up, ask to speak to them for 2 minutes if they are free and set up a meeting at a future time. If they aren't free, leave a handwritten note.
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Yes. I think I could build my own Groupon... in fact hundreds of people have and many are quite profitable.
Could I build it to scale? Could I build a sustainable business that will be there for the long haul or be significant enough to be acquired? Could I find an untapped niche that the group buying biz model could exploit?
The writer doesn't even list many accomplishments and the barriers to entry that Groupon has created (besides capital and what access to capital buys you i.e. PR, buying competitors, buying super bowl ads.
He should have said... Could you compete against Groupon's salesforce? Could you compete with their ever decreasing cost of customer acquisition? Could you compete with their high gross margins while you are forced to cut your margins to compete?
http://www.businessinsider.com/google-pittsburgh-office-2011...
There's also a reason why Google has offices in Seattle, Boston, NYC, and soon, Pittsburgh. Hiring is tough in the valley and there's an abundance of talent elsewhere.
If you want to innovate on web technology, the valley is the place to be. If you want to innovate on business models, content, or heavy technology (to name a few) there are other places where you can thrive.
Dave McClure and Noah Kagan worked on that for over a year while Aaron Patzer & Co. worked on the product.
Dave talks about that in this video (Skip to 30:40): http://www.justin.tv/startuplessonslearned/b/262665259
Early on at Reddit, Alexis Ohanis did all the "bitch" work so that Steve Huffman could focus on coding.
But if we must analyze the dishwashing aspect of the story, I think there's an element of "caring for your coworkers / employees" there. If no one washed the dishes, the company wasn't going to go bankrupt, but it would make other people's lives more miserable.
As I'm working on my own startup, I can relate to that sentiment, because I not only care about growing the company, I also care about my cofounders' well being.
I think a big issue is understanding the software development process. I would check out "Inspired" by Marty Cagan and a lighter (more anecdotal) read in "Dreaming in Code".