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by mgkimsal
4774 days ago
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Changing the world? Probably not. Changing the worlds and lives of specific people? Probably yes, and that's OK, but I do understand the perspective that's being called for. I'd met with someone last year and built a quick prototype for his idea. Was thinking of doing an actual partnership with him - I'd initially been impressed with his hustle (which turned out not to be as great as I'd initially thought). I'd indicated that I liked the idea, but it was also essentially a feature than foursquare or yelp could add in an afternoon - I'd prototyped the thing in a couple days - what was needed was sales execution on the street to make it happen. With that in mind, I'd asked him what he'd do if, for example, yelp offered a small buyout (say, $2m). "Oh no, I wouldn't sell - this will change the world - this will replace Facebook in the next 5 years - I wouldn't sell for $50m". With that, we parted ways. Even if his idea is right - and honestly, I think it will likely come to pass - he/we aren't in a position to take down Facebook, and a small cashout deal would put him in a much better situation to tackle his other ideas. The idea will happen, I'm pretty sure, but not in the way he sees it happening. |
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