Comments on: Give me large sums of money http://warpspire.com/features/bad-business/ my god, it's full of stars Sun, 21 Mar 2010 15:13:35 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: JP http://warpspire.com/features/bad-business/comment-page-1/#comment-202458 JP Tue, 14 Apr 2009 20:33:34 +0000 http://warpspire.com/?p=298#comment-202458 <p>I hate to be the annoying pedant in the crowd, but it's a sickness! Anyhow...here goes. The sentence "There’s no warehouses to build" should be "There are no warehouses to build". Feel free to delete my comment...once you've fixed the error :)</p> <p>By the way, I liked the artice! I just can'nt think straight when there's are lots of teh grammer mistakes.</p> I hate to be the annoying pedant in the crowd, but it’s a sickness! Anyhow…here goes. The sentence “There’s no warehouses to build” should be “There are no warehouses to build”. Feel free to delete my comment…once you’ve fixed the error :)

By the way, I liked the artice! I just can’nt think straight when there’s are lots of teh grammer mistakes.

]]> By: Colonel Nikolai http://warpspire.com/features/bad-business/comment-page-1/#comment-188063 Colonel Nikolai Wed, 24 Dec 2008 01:11:07 +0000 http://warpspire.com/?p=298#comment-188063 <p>Well, just a second here. I'm not defending Digg, but...</p> <p>If we always did what we knew would make money, we wouldn't do very much at all!</p> <p>When you know the price of coal is somewhere between x and y, you know exactly how expensive it is to start a coal mine, how long it will be before it's profitable, etc, etc. Coal mines aren't very interesting. In fact, coal mines are, at this point in time, a probably very bad thing to be building, even if they are in fact profitable!</p> <p>What if you want to build something you've never thought of before? What if you're not sure what you're building has a financial payback in the near term? So that means just flat out 'forget it'? The computer you are typing on right now wouldn't even exist if that were true. Look, there are a lot of stupid ideas out there. Very stupid. But some of the greatest ideas are unique, rare and did not have a proper business model at the beginning. </p> <p>Woz was told that the idea of a microcomputer was "stupid".</p> Well, just a second here. I’m not defending Digg, but…

If we always did what we knew would make money, we wouldn’t do very much at all!

When you know the price of coal is somewhere between x and y, you know exactly how expensive it is to start a coal mine, how long it will be before it’s profitable, etc, etc. Coal mines aren’t very interesting. In fact, coal mines are, at this point in time, a probably very bad thing to be building, even if they are in fact profitable!

What if you want to build something you’ve never thought of before? What if you’re not sure what you’re building has a financial payback in the near term? So that means just flat out ‘forget it’? The computer you are typing on right now wouldn’t even exist if that were true. Look, there are a lot of stupid ideas out there. Very stupid. But some of the greatest ideas are unique, rare and did not have a proper business model at the beginning.

Woz was told that the idea of a microcomputer was “stupid”.

]]> By: Web design and development blog, focusing on web design web development latest trends and frameworks http://warpspire.com/features/bad-business/comment-page-1/#comment-187992 Web design and development blog, focusing on web design web development latest trends and frameworks Tue, 23 Dec 2008 11:39:54 +0000 http://warpspire.com/?p=298#comment-187992 <p>[...] read a well written article on warspire, which described the way new start up businesses are struggling to stay afloat due to a rise in the [...]</p> [...] read a well written article on warspire, which described the way new start up businesses are struggling to stay afloat due to a rise in the [...]

]]> By: Geof Harries http://warpspire.com/features/bad-business/comment-page-1/#comment-187814 Geof Harries Sun, 21 Dec 2008 17:28:41 +0000 http://warpspire.com/?p=298#comment-187814 <p>It's likely the new model continues to exist because it's relatively simple to acquire huge sums of capital from a like-minded investor (quick, easy money!). When that cash injection isn't available, you are forced to walk the old road. There's many people who don't want to work, don't want to put in the effort and don't want to go through the hard times, but it's those experiences which build character and the strength to survive when the going gets rough.</p> It’s likely the new model continues to exist because it’s relatively simple to acquire huge sums of capital from a like-minded investor (quick, easy money!). When that cash injection isn’t available, you are forced to walk the old road. There’s many people who don’t want to work, don’t want to put in the effort and don’t want to go through the hard times, but it’s those experiences which build character and the strength to survive when the going gets rough.

]]> By: Bilal http://warpspire.com/features/bad-business/comment-page-1/#comment-187778 Bilal Sun, 21 Dec 2008 06:50:33 +0000 http://warpspire.com/?p=298#comment-187778 <p>I just don't believe in "credit" .. I can't grasp the thought of spending money I don't have! .. it just doesn't make sense to me! ..</p> I just don’t believe in “credit” .. I can’t grasp the thought of spending money I don’t have! .. it just doesn’t make sense to me! ..

]]> By: Chris Tingom http://warpspire.com/features/bad-business/comment-page-1/#comment-187727 Chris Tingom Sat, 20 Dec 2008 18:40:32 +0000 http://warpspire.com/?p=298#comment-187727 <p>Great post. I don't get it either. What's so difficult about making a product that even has a chance of earning money? With so many of these sites they totally fail on the revenue model. Or think it's wise to build a base of users and then 2-3 years later introduce the revenue part. Crazy.</p> Great post. I don’t get it either. What’s so difficult about making a product that even has a chance of earning money? With so many of these sites they totally fail on the revenue model. Or think it’s wise to build a base of users and then 2-3 years later introduce the revenue part. Crazy.

]]> By: Pablo Impallari http://warpspire.com/features/bad-business/comment-page-1/#comment-187709 Pablo Impallari Sat, 20 Dec 2008 15:04:50 +0000 http://warpspire.com/?p=298#comment-187709 <p>Well... The old model have no fun. Instead just look at Point 3 of the new model. Parties, Yachts.. come on.. its really cool :) Point 5 its really the problem here... all you have to do is ignoring point 5 and all will be alright :) Life is short !!!!</p> Well… The old model have no fun.
Instead just look at Point 3 of the new model. Parties, Yachts.. come on.. its really cool :)
Point 5 its really the problem here… all you have to do is ignoring point 5 and all will be alright :)
Life is short !!!!

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