On: The Future of Web Startups

[ivankirigin]

>> "Sometimes it literally is software, like Hacker News and our application rating system."

You have software to rate the applications?

[dfranke → ivankirigin]

I assume he just means that the administrative interface to the submission system lets them record scores for each application they review.

[ivankirigin → dfranke]

yah... 7. Better Judgement Needed

If the number of startups increases dramatically, then the people whose job is to judge startups are going to have to get better at it. I'm thinking particularly of investors and acquirers. We now get on the order of 1000 applications a year. What are we going to do if we get 10,000?

That's actually an alarming idea. But we'll figure out some kind of answer. We'll have to. It will probably involve writing some software, but fortunately we can do that.