PM if you're interested in chatting. We have something we're working on that might be a good fit for the right group. I'm always happy to chat at the very least.
It contributes to the investment culture in the city, despite strong efforts from Wertz and a handful of others to lead a more enlightened approach and build great companies.
It's not the only challenge the city has, there are a myriad of forces at play, and some are positive. Best way to fix it is to get more startups earning more customers and growing locally. Nothing stopping them from doing that, just wont be as fast as SV is all.
Absolutely. See this a lot more in Waterloo/Toronto for sure.
Just had a convo with a NYC venture friend who was raised here in Vancity and his quote was revealing. He said the stink of the VSE resource pump and dump era is still prevalent.
I've been approached by 3 different groups trying to list us pre launch here in town. When that's the culture of the investment scene, it's tough to make anything great.
The startup scene here in Vancouver is scrappy but really shouldn't be compared to SV in any way, it's just not a fair comparison.
We are, however, woefully under-represented with experienced seed stage investors, as the author states. The few that are here have abandoned seed and pre seed and are exclusively VC, mid to late round investors. Can't blame them, either, as the wins are still few and far between.
Vancity seems to excel at bridging H1B visas for large firms hoping to cycle them into the US once they've cleared. Candidates get here easier and quicker.
We're also a cost effective labour farm, and our devs are happy for the work to help pay for their ridiculous mortgages.
Great city to live in, worst city to fundraise, good place to launch and validate, and really nice for avoiding the noise.
We'll see a unicorn or two in the coming years. They'll just go a much different path than the typical SV startup.
Clearly you've never watched a single Bond movie. The only thing a villain enjoys more than committing a crime, is revealing the intricate plan by which he will get away with it.
He's stuck in the success trap. You've detailed a list that has very little actual correlation to fulfillment. Those are all issues related to security, comfort, and a lifelong desire to one day avoid work.
I wrote a couple pieces on this at startupathlete.com.
Protip: millions of $ =/= success. Ask any millionaire what they would wish for and it's not another million $.
That being said, one of the best questions to ask when someone is in a rut is, 'if money was no object, if you had millions in the bank, what would you be doing'. The follow up, 'why aren't you doing that', will always have some excuse about money, which is bullshit. It's about fear, security, and risk tolerance.
The happiest people I know have the stones to risk their pride, lose all their stuff, and live with mistakes. The saddest people I know spend their later lives regretting the risks they never took.
As a restaurateur I've been watching with fascination as this debate rages in our industry. The payments side is the most beneficial part of it, all the rest of the processes still require a human touch.
I've been cheering this innovation, but have yet to see it done well, even by e la carte and its other top competitors. People will always be the most powerful differentiator in foodservice, and tablets aren't there yet.
This speaks volumes to me of how Applebee's thinks of it's guests.
As a restaurateur I love the idea, but shouldn't the service be the same? A good manager isn't waiting for a server to report being undertipped, but actively looking to fill holes that service may have missed.
Simple, ask your employer.
Sometimes a little transparency is great for building trust with the community, and puts a human face on a company.
Despite your best intentions, someone could get their nose out of joint if you don't make it clear from the start what you're doing.
Give them the opportunity to set guidelines, and if they're smart they'll use it as an opportunity to connect to their community.
Great post. Managers are undervalued in startup culture, but so crucial in certain instances, like sales.
I read a great study 10 years ago that talked about the ratio of entrepreneurial minds to management minds in companies. The interesting point was how tweaking the balance could influence growth, while another could influence profit. This leads so any companies, motivated to increase share prices, to tip the balance toward a managerial mindset to squeeze profit, creating friction on growth.
I couldn't agree more. I've built 5 successful businesses that all required entirely different definitions of success (and more that haven't made it). All of them were bootstrapped and were the product of partnering with exceptionally talented people.
Fair point, they didn't scale, and i'm working on that with my main project, however they've added multi-millions to the economy annually, employed dozens, and those employees have gone on to open their own businesses (dozens of them). I'm damn proud of that impact on the local economy, and I'm not rich from it, not by a long shot (disclaimer, I'm flat broke).
Investors want to participate in high growth, not necessarily high impact. Some can do both, (paypal mafia, I'm looking at you), but most only succeed in making all the participants a healthy living, training the next generation of entrepreneurs, and keeping the money flowing in the local economy instead of to a corporate head office.
#14: Premium tailored identities. Tired of everyone's facebook feed showing you the life you could be living? NSA's new bond.me app will tag you in photos of beautiful people, in exotic locations, doing outrageous activities. Only you and the NSA will know the real truth!
As someone who also builds projects from real world itches I need to scratch, I get what you're chasing here. I'm definitely toying with it to see if there are other ways to use this, embedded CTA's, requests for referrals, etc.
Honestly, my instinct is to avoid learning a new program for such a particular use case, and just continue to use MailChimp, is there a value prop I should be aware of?
I could see small businesses using it if you could automate the data capture. Example, adding the capture to the point of sale at time of transaction, automatically sending a follow up email 24 hrs later, with the merchant needing to do nothing except the original setup.
SMB operators are taxed on time, adoption requires a significant overall time reduction in the value prop (imo)and convincing them of that will get trials.
3d Digital design, CNC manufacturing with laser and router machines, and we still depend on a lot of skilled and talented people on the bench.
So much of my time in software project management has been an asset here.