RT @jeffbodle: RT @PhillyPhriedman students who came from outside PHL to attend college & stayed after graduation In 2007 26% - in 2012 47% #phillysoaring
"Great point. We've seen all of these verticals used by startups, but certainly some are more used than others. However, some of that is really due to bias, which leaves even under-used ones sometimes good targets, e.g. blogging. That said, it is pretty clear different business models are better suited for some. Incidentally, here's a good article on marketplaces: http://brianbalfour.com/post/2..."
- Gabriel Weinberg
Can't believe @taskrabbit still isn't in Philly and no competitors are either. 5th biggest city in the country and it's been years.
"Wow, what a nerve struck -- but seemingly completely unrelated to this post as far as I can tell, as I explicitly encouraged finding a sustainable business model and only otherwise said you would probably HAVE to raise money to go on. From the post: "It's a little better if you have some monetization so at least you can afford all those CDs... Otherwise, you better raise a boat load of money..." However, you two seem to be fundamentally against Venture Capital for any reason. This seems completely misguided. You can have a great business model and be super profitable and still want to raise capital to expand further and faster, to develop a better moat (and protect your interests), to defend your IP, etc."
- Gabriel Weinberg
"I agree with you, partially. You need a sustainable business model, but there are plenty of those where there are lots of customers that don't pay: https://en.wikipedia.org/wiki/..."
- Gabriel Weinberg
"I'm confused. If you have a mass-market app and you want to change the world as much as possible, don't you want to spread that app to as many people as possible? Yes, you can settle for a decent business at a smaller level, but why? I never said you had to take VC money to do it. In fact, the opposite."
- Gabriel Weinberg
"I think you misunderstand me. I haven't ascribed value judgements to anything. All I said if you wanted to change the world and you believe in what you are doing then you'd presumably want your userbase to be as big as possible. Period. This is all independent of the sustainability of the underlying business, which I cautioned about in this article and in many many others I've written, inducing the two referenced in the comment you replied to! I also explicitly try to personally invest in things that don't need VC financing, as I've also said many times: http://ye.gg/angel"
- Gabriel Weinberg
"I've said many times that path is great for many people and businesses, e.g. http://www.gabrielweinberg.com... and http://www.gabrielweinberg.com... BUT, if you're truly trying to change the world with a mass-market consumer facing app, then I don't think you want to settle with <1 million user base."
- Gabriel Weinberg