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davidspinks

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CEO of Feast http://letsfeast.com

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davidspinks.substack.com 3y ago

The Peter Pan Effect

davidspinks
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davidspinks.substack.com 3y ago

Are Community and Wealth at Odds?

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cmxhub.com 11y ago

Is Community the Newest Pillar in the Venture Capital Business Model?

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cmxhub.com 11y ago

The 10 Unscalable Tactics Quibb Used to Build Its Early Community

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whatspinksthinks.com 12y ago

How I Got Fired From a Hot Startup

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whatspinksthinks.com 12y ago

7 Signs You're Fundraising Too Early

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whatspinksthinks.com 12y ago

11 Epiphanies I’ve Had While Building My Startup

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money.cnn.com 12y ago

Bitcoin to host its own Black Friday

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whatspinksthinks.com 12y ago

Your Product is Going to Fail if you Don’t Ask Users to Pay

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thecommunitymanager.com 12y ago

Building TEDx: A Worldwide Open Source Brand Community

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whatspinksthinks.com 12y ago

What you Really Need is Product-Market-TEAM Fit

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whatspinksthinks.com 12y ago

The Upside of Limited Means

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whatspinksthinks.com 12y ago

Put Yourself in a Bubble

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whatspinksthinks.com 12y ago

Most Entrepreneurs Suck at Giving Advice

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whatspinksthinks.com 12y ago

Review of the 500 Startups Accelerator

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whatspinksthinks.com 13y ago

This post will never be submitted to Hacker News

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sub.garrytan.com 13y ago

Living in the past: Reality may be delayed in our brains

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venturehacks.com 13y ago

How to Pick a Cofounder (2009)

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whatspinksthinks.com 13y ago

An Applicant’s View of 500 Startups and Techstars

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thecommunitymanager.com 13y ago

The Lean Community

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blog.zaarly.com 14y ago

Zaarly 2.0 is Live

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whatspinksthinks.com 14y ago

A Standard of Reputation is Coming

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2pts0

Every company starts as a community. As they grow up, they just forget. They must return to Neverland.

Wealth is something rarely talked about amongst community builders. It's taboo. But there's an opportunity to have a more nuanced conversation about the intersection of business and belonging. Are capital and community at their best when they drive each other?

Adding some sort of kickstarter functionality to this would be really interesting. Or making it possible to earn ownership points by investing money, though I imagine that might alter the purity of the community dynamic. Excited to see how it all comes together either way.

I'm trying to respond to the content of your post. If it's such common sense then it should be easy to come up with examples. I'd argue that there isn't much in between. Either you're building a company that has to sell a product or you're building a high growth monetize later company. This post is addressing the former option.

"Like, getting situated, getting everything working, working out the kinks, evaluating possible monetization models, etc. etc."

What does getting situated mean? Working out what kinks? People aren't paying for your product they're paying for what they believe your product to be. Kinks don't matter.

"Uhh, no. A lot of companies can work on this model. And do so. The examples are numerous."

Lets hear them.

"And, what is it with this condescending style of writing? If the content of the article wasn't full of reductive, hand-wavy half-baked ideas, the arrogance in that entire piece would be forgivable. But that's not the situation it looks like."

Sounds a lot like your feedback.

The Samwer brothers definitely deserve respect in a world where execution is paramount. Often, they execute more efficiently than the companies they copy.

If anyone says it's easy to just copy a company, they've never built a company before. There are so many intricacies that go into building a company and culture the right way. When you look at a company, you're only seeing the tip of the iceberg. You can copy the part that you see, but without everything under it, you won't succeed.

One thing I would have loved for Rich to speak about a bit more is their treatment of the founders and employees of Rocket companies. I've spoken to employees before who shared stories of very harsh work environments and high turnover rates. Founders get very little equity. Employees get none.

From a business perspective, obviously they're doing something right and if people find enough value in being a part of these companies to put up with the downsides, that's their decision.

Still would love to see a deeper look into the negatives.

It wasn't the most lean approach to launching a startup. If they did some testing up front, they should have been able to identify the user retention issues early on. It's weird that a team with so much experience didn't properly test the product before investing so much time and money into it.

I doubt that this is the last iteration we see from the Airtime team, but the initial product was definitely telling.

In the end, looking in to a company from the outside, no one really knows wtf they're talking about when they pass judgements.

Glad we were able to help!

Members of the Zaarly team from pretty much every department sits on the livechat at different times. Everyone from marketing to design to development spends time on there to learn from actually talking to users first hand.

Your bug report will be delivered untarnished, I assure you (=

David Spinks Enforcer of User Happiness