956 reputation
38
bio website RiskyThinking.com
location Ottawa, Canada
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visits member for 3 years, 1 month
seen Oct 5 '12 at 3:54
stats profile views 59

May
20
awarded  Yearling
Oct
5
comment How could I validate a product that saves large SaaS biz money on bandwith?
Note that if you can significantly improve compression, you may also be able to improve latency - this might be valuable too.
Oct
5
comment How could I validate a product that saves large SaaS biz money on bandwith?
@NewAlexandria - if you can compress all common compression formats by a further 15% then a patent might be worth considering... You might also look into the Hutter Prize. I was just trying to point out that for any particular site you can make a pretty good guess at the answer, but that there are no "typical" figures.
Oct
4
comment How could I validate a product that saves large SaaS biz money on bandwith?
Your hope for bandwidth classification is a bit naive: it depends upon the nature of the service (Flickr vs Salesforce.com). I'd be impressed if you could beat the current caching/JPEG/PNG/GIF compression/gzip compression which is already widely deployed by any significant margin.
Oct
4
comment Is it common for people to work for free in exchange for equity in a startup?
You're really asking the developer to believe in your idea even more than you do: otherwise you'd simply take out a personal loan and pay him/her.
Oct
4
answered Potential offer as first employee at startup, worth it?
Oct
4
comment How do I invoice Canadian customer from US?
@katit - In which case I'd suggest setting up a credit card recurring billing option - less chasing on invoice payments convenience for both US and Canadian customers, and $150/month on a credit card is easier for many people than getting their company to process a Purchase Order / Invoice. Paypal/Stripe/... others if you don't want to set up a merchant account directly. (Paypal still has perception problems for me for higher value amounts, although my accountant hasn't found using it an issue for some fixed price services).
Oct
3
answered How do I invoice Canadian customer from US?
Sep
29
awarded  Nice Answer
Aug
21
answered Seeking Information About the Continued Costs of an LLC. Should I Talk to a Lawyer or Accountant?
May
20
awarded  Yearling
Mar
8
comment using consulting experience to create a new product
Will you be competing with your former client? Will the people you sell the product to be competing? If so, you are on shaky ground - you might well be sued even if your contract with them is iron clad. Also allegations of using a client's trade secrets wouldn't do much for your future prospects. If you are not competing, then you could ask the client. (Personally I have a clause covering this possibility in consulting contracts - I'm allowed to reuse technology in non-competing projects.)
Jan
15
comment Has anyone sold a “fork” version of their software?
You obviously can't give them a price until you know what modifications are necessary, and to know that you need to know more. (And you may be able to do additional modifications based on their target market). Their negotiator will try and get you to name a price first (in case you underestimate how much it is worth to them), and you will try to get them to name a price first (in case it is worth much more than you thought).
Jan
15
revised is this ad revenue model accurate?
Additional Info
Jan
15
answered is this ad revenue model accurate?
Jan
9
answered Determining Price for Data
Nov
24
comment Which countries are easiest for non-EU entrepreneurs to immigrate to?
Some countries have slightly looser rules for citizenship: any chance of an Irish grandparent, for example?
Nov
24
answered What is the difference between incorporation, private ltd and limited?
Nov
15
comment Questions around vesting vis-a-vis dilution, leaving a company and being fired from a company
Fair is what you all can agree upon. These clauses are generally in shareholder / employment agreements - whereas authorized shares (often unlimited), issued shares are in articles of incorporation. For startups with multiple founders, consider a "shotgun clause" (Google for details) in case the original partnership breaks up. I'm not a lawyer, so I'd prefer not to give specific advice - especially as local laws may apply.
Nov
15
comment My startup idea has been developed before we could do it. What now?
It's more likely that they just had the same idea as you, and that there is an obvious method of execution. How likely is it that somebody in another country would hear of your idea, copy it, implement it, and launch a startup all within the 3 months you have been trying to get funding? There are probably other companies in this market you haven't of yet.