1,162 karma · joined March 10, 2011
twitter.com/jmjerlecki
gmail: jerlecki@gmail.com
CEO, rumr
One of the more interesting parts of the article. Not sure how you prevent or discourage that.
If you go consumer, crowdfunding for the consumer side is the way to go. I would think if you had a successful crowdfunding campaign, you would be able to convince a good technical guy to join you (as clearly you've done a ton of hustle on your own).
From the fundraising perspective, at the this early of a stage investors mostly are investing in the team (which right now is only you), unless your product/traction is through the roof. At the early stage is also when you get most heavily diluted, so want to think about how much you are giving up vs. how much do you really need the cash? Again, it sounds like you have traction, so may want to figure out how to keep bootstrapping this vs. taking a big hit equity wise.
feel free to hit me up (email in profile) - I love the space you are going after.
Makes more sense for Google to buy them. They could do two things with them:
1: build the technology into their Google Glasses so peoples names pop up as they come into view 2: redirect face.com to Google.com.
That second option would be well worth the 100 million too. Consider this: after you visited face.com once every next time you want to go to facebook.com and type in 'face' your browser will auto-complete to face.com
1 and 2 are both interesting scenarios.
"When you have to make a hard decision, flip a coin.
Why?
Because when that coin is in the air, you suddenly know what you're hoping for."
Why would one want to blend? Sticking out and being different is a great thing. Displaying self-expression and individualism is important to who each of us are. I have found this to be true in my profession and I would encourage people to spend more time on what they wear. It can drastically impact ones success. Simply put, don't look sloppy.
This sentence is sooo very apple.
Nice time saver