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Thoughts On TechStars
Thank you, Andrew!
Plus, I like the idea.
But, watching the progress from the beginning--as it happens--would be an amazing case study. And, if you need any help with customer development let me know. =)
I can't wait to hear more!
Love the idea you put firth here. Fits the theme of TS and your
mantra, makes for great feeback-loop, and really engages people in
this sector and not (huge value there).
If the idea is still the same vein that Mark (above) and I heard you
pitch us at Demo Day Boston, I'm all for it even more. Count me in for
review/participatory process.
This is usually not seen in startups. It would be good if we can get a peek behind the scene of the journey of the startup. I believe that there are a lot to learn, especially in the details and experiences. Looking forward to your journey sharing. =)
(Though you're DEFINITELY more experienced than I...)
How open do you make it? Open Source? Who ultimately makes the decisions, is it a dictatorship or a democracy? Does its openness give you a competitive advantage or disadvantage? Do you open yourself to being copycatted?
I can imagine a google wave pluggin designed to answer all these questions would be an open startup project in itself.
This would be great if you could do it. I just find at this point [doing a startup myself], that I do have competitors, [that have already launched], and I don't want to expose any secret sauce of mine... or my current pace/etc.
But I can't recall anyone publicly blogging about their excitements, fears, let downs, ups, etc... through an entire startup process. The best thing we have is the documentary 'startup.com', which was wonderful.... had all the juice you want in a story -- long hours, big wins, bankruptcy, long-time friendship jeopardized, etc.
Also, your business plan will likely change... you might change the main focus of your startup.. you may want to consider not using a public name for it, but rather "Project Hyde". That way, no one along the way puts a preconceived notion of what 'XYZ' is [or was], despite it changing throughout the months.
Private beta's seem to work well; to get some honest feedback, etc.
But I, as others, would love to read about the lessons and funding process, etc.
Go go go!
We found out today that we made it to the interviews in a few weeks - wish us luck!
(apologies for the cross post)
Can the production crew of "The Founders" follow you along the way? Something similar to Startup.com?
Love the idea; but a bit worried that
* the publicity might be a distraction from the work
* 3-4 months wouldn't be long enough
* your 'safety net' at TS at the end of 4 months might be detrimental
I'm not sure that you're setting yourself up for success, and from what I've seen, startups are too much work not to knock down every obstacle you can.
That said, I love the idea of following you through the ups and downs. As a bonus, this has 'book deal' written all over it, methinks.
Dan
I'm a bit of a tool--didn't realize how much startup experience you had. There go some of my reservations (the publicity is still relevant, but then, I guess that's the point).
Good luck to you.