Hey asshole investors, look familiar?

2009-05-28T21:40:01-07:00

Amen, brother. Amen. Signal is the product I want and think still has a place, but you’re absolutely right that investors would be absolutely terrified now trying to fund a product that would be squarely in Google’s crosshairs (even though Google has been first to market with several products that a smaller, nimbler competitor has displaced. Blogger vs. Wordpress, anyone?)

This is why I am a firm believer in bootstrapping wherever possible.

Hey asshole investors, look familiar?

2009-05-29T07:19:47-07:00

Agreed. There needs to be a better way for small agile firms to be given the opportunity to innovate and develop products like Signal.

The current landscape of the web doesn’t do a good job of fostering game changing ideas. While I love the bootstrap too, big ideas require time to invest in, which is hard to get when you have to worry about who is paying your bills this month.

As web products become more commoditized, the ability to create a truly revolutionary (as opposed to evolutionary) product from your garage is getting harder, not easier.

This is the problem we had with Signal. We needed a room to fail. To riff on new ideas without the fear of running out of runway. That is hard to do on the bootstrap.

There has to be a middle ground between the pure bootstrap and dealing with investors who are too slow and you end up spending most your time explaining your idea.

Comments on “Hey asshole investors, look familiar?”

Hey asshole investors, look familiar?

Hey asshole investors, look familiar?