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Post Tagged with: Silicon Valley

“Startup”

“Startup”

This is a layperson guide* for what the guy you meet on the plane to Vegas means when he tells you “I have a startup.”

  • I’m building a Chrome plugin that lists all the parks in Salt Lake City on top of all Mormon-operated blogs using a proprietary Google search algorithm
  • I work full time as a product manager/blogger/evangelist/entrepreneur-in-residence/babysitter and I want an excuse to quit my job and/or get fired while saving face and/or something to talk about at my 5-year reunion
  • I have a tech cofounder who’s a full time engineer at Apple/Yahoo/Etsy and I promised him 5% of my company to do all the work
  • We’re not incorporated yet but the product is what’s really important
  • I talked to an investor friend of a friend who really liked the idea
  • Everyone thinks I work 90 hours a week but I spent a good 80% of my day yesterday on Reddit/Facebook/Chess.com
  • We are pre-launch but we’ve already had a reporter at TechCrunch promise to write about us: that’s our marketing plan. That and Viral.
  • Making friends/finding Salt Lake City parks is broken. So we’re fixing it with technology.
  • I’m friends with lots of other founders and they say there’s a need for what we’re building.
  • I have no college debt and my parents pay my rent so revenue isn’t really a concern. What we are going for is traction.
  • Traction will be easy because our product is free. We will even incentivize people to use it with mobile gamification and Reddit Gold
  • Acquisition will be easy because there are a lot of Salt Lake City mapping companies that would love to have our data
  • Mormons are our main market and there are 24 million of them
  • As soon as we Show HN our product we will all quit our jobs and go full time to double down on our traction
  • Even if everything I think about my “startup” is wrong, there’s millionaire in Korea/Japan/Santa Barbara who will probably invest in us anyway

*Written from unfortunate experience

January 18, 2013Comments are DisabledRead More