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visits member for 2 years, 1 month
seen Apr 8 '11 at 18:27
stats profile views 47

Apr
7
asked Should I drop my co-founder?
Mar
30
asked Should I give away my idea to an incubator program?
Mar
30
comment Would a voluntary fee work?
The next reason is, the site is going to be released pretty much in one wave. It has to or the site will die before it ever really gets started. We're going to need fairly substantial marketing dollars to ensure the product catches on in specific areas. The site is built to go viral, we just need that initial population so that you don't get on and say, "There's nobody on this site where I live, this is dumb". I like your ideas, I don't think I've heard that perspective justified quite so well thus far.
Mar
30
comment Would a voluntary fee work?
Hey Mircea, my apologies for being vague in my original question. I'll try to clarify. For 90% of the development I can complete by myself. However, I expect to need help from 1 or 2 additional developers for polishing the product and adding some extra features (eventually).
Mar
30
comment Would a voluntary fee work?
I like the idea of not asking for an amount. I am heavily considering it. On one hand, not setting an amount allows truly satisfied users to send possibly way more than I ever expected. On the other hand, it takes away from the, "Wow, I can't believe I didn't have to pay the $2 listing fee, this site is great!" factor. At that point, it feels too much like a donation - which many people are completely blind to. But that's good stuff to think about, thanks for bringing up that perspective. I think it's going to have to come down to testing and analysis to see which one works better.
Mar
30
comment Would a voluntary fee work?
Thanks Joseph. At the moment, the plan is to basically hold testing periods in certain cities, one of which being my own. If I need to ask for money, I want to make sure that the model works in the context of my site and I don't think I could get a high enough valuation without solid proof that it works. Looking forward to the test phase, I will let you all know how it goes for sure.
Mar
30
comment Would a voluntary fee work?
There's a few reasons I could benefit from investment capital. The most important being that we are up against the chicken-or-egg problem. Without listers, the visitors never give it a chance. Without visitors, the listers fight over a handful of listings. So there's a bit of a marketing concern there, though, I'm confident that after the first 6 months of operation the viral effect will really kick in. Basically, I need marketing dollars and a team of no more than 12.
Mar
30
awarded  Scholar
Mar
30
awarded  Supporter
Mar
30
accepted Would a voluntary fee work?
Mar
29
awarded  Student
Mar
29
asked Would a voluntary fee work?