ouizy
Rock n' Roll Doggie
I recently caught Startup.com on Skinemax (I think) and I have some comments I would like to share.
1. Did anyone see this piece of dreck? It is about how the founders started the government website Govworks.com. It shows how a bunch of motivated, underqualified 20-somethings raising $50 million to start an online site devoted to the government of NYC (pay parking tickets etc...)
It failed.
I actually knew someone who worked there who tried to get some of my friends to work there with the promise of stock options. Those stock options are worth, and I quote Chaz P. from the Usual Suspects here "not the paper the contract... is written on..."
2. I did not want to watch this as I knew about the company, but I got sucked into it due to the pomposity (a word???) of the founders. I got sick to my stomach as they talked wealthy venture capitalists into giving them literally millions of dollars to start this thing up. At one time they had 230 employees who are now probably thinking what the hell they could have done with their lives besides waste their time there.
3. I remember getting together with a couple of friends as we thought we werte going ot be the next internet millionaires. We had a great idea, business plan, and scheme to start a business which in hindsight due to the economy would have failed, but I still think it is a needed service. In any event, I myself sat in on some of these venture meetings and at the time was all excited about raising money to start a business, but looking back I would now feel terrible about takeing some guy's money and pretty much flushing it down the toilet.
4. I think the internet boom was an exciting time, and we were always 30 seconds away from quitting our day jobs to start something, I just look back and think what if...
5. It just goes to show how powerful a site like Interference can be with what I would guess minimal 'employees', addicted users, and wonderful content. Compare this place with a business like Kozmo who opened in at least 5 cities nationwide, bought millions of dollars in inventory, built a huge infrastructure backbone, and within 3 or so years is now nothing but one or two faded billboards on my way to work.
...thoughts???
1. Did anyone see this piece of dreck? It is about how the founders started the government website Govworks.com. It shows how a bunch of motivated, underqualified 20-somethings raising $50 million to start an online site devoted to the government of NYC (pay parking tickets etc...)
It failed.
I actually knew someone who worked there who tried to get some of my friends to work there with the promise of stock options. Those stock options are worth, and I quote Chaz P. from the Usual Suspects here "not the paper the contract... is written on..."
2. I did not want to watch this as I knew about the company, but I got sucked into it due to the pomposity (a word???) of the founders. I got sick to my stomach as they talked wealthy venture capitalists into giving them literally millions of dollars to start this thing up. At one time they had 230 employees who are now probably thinking what the hell they could have done with their lives besides waste their time there.
3. I remember getting together with a couple of friends as we thought we werte going ot be the next internet millionaires. We had a great idea, business plan, and scheme to start a business which in hindsight due to the economy would have failed, but I still think it is a needed service. In any event, I myself sat in on some of these venture meetings and at the time was all excited about raising money to start a business, but looking back I would now feel terrible about takeing some guy's money and pretty much flushing it down the toilet.
4. I think the internet boom was an exciting time, and we were always 30 seconds away from quitting our day jobs to start something, I just look back and think what if...
5. It just goes to show how powerful a site like Interference can be with what I would guess minimal 'employees', addicted users, and wonderful content. Compare this place with a business like Kozmo who opened in at least 5 cities nationwide, bought millions of dollars in inventory, built a huge infrastructure backbone, and within 3 or so years is now nothing but one or two faded billboards on my way to work.
...thoughts???