Cost is the main driver here. I am lefty, but I agree the unions are a little out of control. I am sorry, but a guy who stands in a production line building cars should not be making $125k per year (source was a series on TV, think 60 minutes where they talked to some of those workers).
I am glad unions are there to help make sure people are not overworked and have benefits, but come on guys. You shot yourself in the foot there.
+1 Had to read "The Goal' at SMU to graduate. I suggest all developers, managers or entrepreneurs to read it today! If you are a startup, when you read it think developers/designers as your industrial machines.
Which was my point of squareup or square neither probably got much search results, but now they have a killer domain with square. Instead of squa.re or something similar.
Twitter and Pownce both launched about the same time, Pownce is dead (sure it could have been founder execution issues).
Also, I am sure bigsaving.com gets a lot more traffic, but nobody to startup that ever hopes to get brand recognition would ever buy that. Its why fund.com, bank.com, ad.com will never have household recognition because its to generic.
To answer your question, no the amounts being offered will not get me to the next level.
One issue, companies that meet your requirements really aren't innovating or releasing new products. If they are, a overwhelming majority will be investing in short-term micro growth, like building a new bridge.
We actually have this system in place, VC's, Incubators and Angels. They verify opportunities and fund them. Startups are our future, whether you like it or not. And yes many will fail, but those that don't will provide long-term macro growth.
The biggest winner in about 10 years will be DST, they get it.
If the government wants to solve this issue lend capital to startups directly or via VC's, Incubators, Angels, or whatever. Maybe only lend it to those seeking C rounds to verify a companies stability and to prevent a bubble.
Totally agree. If they continue without all the lawyers they will be far more advanced in 20 years.
If this or some offshoot ever makes it to the US, we should see a dramatic decrease in family law, Federal subsides for child support, and could lead to dramatic decrease in crime.
That is, if it becomes as available as womens birth control.
I was just thinking about this today. I check it once a week and all I ever see are connections being made. Guess this is good for sales people or recruiters looking for intro's.
If I am Product Manager or CEO at LinkedIn, I would buy or create ODesk on top of LinkedIn's data. They have all the professionals and work history.
I might be wrong, but VC's are only friends to those contribute to the fund. So say the VC gets a $1 billion dollar fund, they take there 20% commission to run the fund (fly around, acquire space, etc...) then they go out looking for the biggest risk with the biggest return. They are making a killer salary with the 20% commission to run the fund. They don't have any friends at that point.... at least that is what I have come to learn.
Don't let this comment stop you. You should do it. The only issue I see is the sign-up/ payment issue. If you can get past that hurdle I bet you will get a million requests by day 14 if you can make it on Techcrunch and/or get people to go viral with Tweets and Facebook updates. DO IT!
Great advice. I run 5 miles at lunch and it clears your head, heart, and really makes you to tired to be frustrated or in the mood to fight with anyone or any code.
What interests you? Start big and work your way down. Do you want to disrupt the Enterprise? Or social? What your personality? Do you hate an industry and want to take it down? Or do you care about something so much you want to bring attention to it? Funnel down from there. Let me know what interests you and I can give you 5 ideas.