Hey, you should talk to Andres Barreto, I'll intro - email@example.com He runs a small seed fund and connects Colombian engineers with US startups. It's a great program and I've hired from it before.
Ps- ignore any discouraging comments. Fight hard and you can get what you want. Best of luck
Not true at all - HuffPo has grown, Adapt.tv is a big win, 5Min was the foundation for video (they're top 3 now), Weblogs Inc setup content division, etc. I'm sure there are some bad deals done, but they've had a great track record on buying+integrating.
No, if they wanted to cash out, they could sell more. Go search home screen on Twitter, you'll see it's installed by as many young kids as Facebook (in some cases more). Monetization isn't easy here, but it is totally feasible with an audience like this.
What are the best resources to learn more about mesh networking? I've been fascinated with it and trying to soak up as much information as possible.
I'm trying to understand what advances there have been in reduction of speed over multi hop networks. That's the biggest issue I see, is that people want high speeds, but mesh networks at a large scale might make that difficult. Multi-frequency radios can only go so far.
This is a really good article. There's no exact path, though startup media likes to make you think there is. Raise tons of money? Raise no money? Ad supported? SaaS? Is this trend over? None of it really matters. Go for what you will commit yourself to, put a plan to it, and make sure that you're happy with what it can produce. That's the biggest issue. Many founders will start lifestyle businesses, want to turn them into VC backed ones, and start to mutate what they're working on. During that mutation things go very awry. Know who you are and embrace it.
Great post. This reminds me of Tim Ferriss' description of identifying good business ideas and / or approaches to learning new things (like languages). Three simple questions (which I've defined in terms of business, but they are broadly applicable):
1. Effective - will the business actually make money?
2. Adherence - is it a business you can stick with and commit to over the long haul?
3. Efficiency - will the business make you money in a way that uses time efficiently.
Listed in priority order. Great way of evaluating potential business ideas for me. #2 is particularly useful as a filter, as there are LOTS of ways to make money, but a much more limited set of ideas that you actually want to do long term.
Temp agencies employ 2.6 million people a year in the US. It's fragmented and inefficient in a way that is mildly predatory to workers. My guess is that software could replace the temp agency middleman and help "employ" 1 million+ folks.
A website for US-based temps, "physical delivery" of employees, is interesting. I'm not aware of any service that does this. Like Uber for people!
If physical presence isn't required, Elance, Odesk and even Amazon Mechanical Turk exist. Drives cost of labor down to the $1/hour range (globally competitive) - probably not what Sam is getting at here.
It's also really interesting to see this idea. My initial read is that this sounds like a response to the common criticism that Silicon Valley destroys jobs in aggregate ("software eats the world.") Will be fascinating to see if something emerges here.
You are definitely onto something huge here : you could be improving the livelihood of millions with an app to allow people to fill in on temp jobs at competitive wages with the click of a button. Talk of a massive impact...
The road ahead is steep, though. At first I thought Leah's TaskRabbit would eventually head that way, but to me it strikes me as if she's still massively underestimating the potential of her platform. Justin Kan's Exec and its postmortem doesn't bode too well, either (but it's still an insightful read) . I'm pretty sure though you and AB have what it takes to figure it all out.
The propublica article opened my eyes to many things. It's a 134 billion dollar a year market that's highly fragmented - top 4 largest only account for 11% of the market. Sounds like a problem for software.
Taskrabbit is for tasks, which are great, but not in as much demand as weekly, monthly, or even daily stints. Think the local starbucks, a small business around the holiday hours, or even accounting (Robert Half is big on this).
Overall, it has the potential for a very large impact and massive business. Look at the jobs report today. If you could more efficiently help employ 1 million people the economy is improved. You're also looking at one of the largest workforces and businesses in the country.
btw, sounds like you know Andres and I. Can't tell who this is by your username. Feel free to drop me a line - firstname.lastname@example.org
this is very nice. im literally in the middle of booking a few weeks in greece with my girlfriend. trying to figure out the hotels on the different islands is a pain in the ass. will give you more feedback after using it a bit more.