Comments on: How to build a web startup for $12.000 http://franticindustries.com/2007/06/04/how-to-build-a-web-startup-for-12000/ Thu, 28 Aug 2008 01:12:44 +0000 http://wordpress.org/?v=2.2.1 By: Roger http://franticindustries.com/2007/06/04/how-to-build-a-web-startup-for-12000/#comment-120097 Roger Wed, 24 Oct 2007 00:28:54 +0000 http://franticindustries.com/2007/06/04/how-to-build-a-web-startup-for-12000/#comment-120097 Are you sure he did it for $12.000 or was that $12,000.00? Are you sure he did it for $12.000 or was that $12,000.00?

]]> By: Stan Schroeder http://franticindustries.com/2007/06/04/how-to-build-a-web-startup-for-12000/#comment-50299 Stan Schroeder Tue, 05 Jun 2007 13:12:41 +0000 http://franticindustries.com/2007/06/04/how-to-build-a-web-startup-for-12000/#comment-50299 @Michael: I found exactly points 1&2 interesting, simply because it's not something I would ever consider doing. I'm not sure that he did everything right (actually, I think he did many things wrong) with this launch. But, I like to see his perspective, right or wrong. @Michael: I found exactly points 1&2 interesting, simply because it’s not something I would ever consider doing. I’m not sure that he did everything right (actually, I think he did many things wrong) with this launch. But, I like to see his perspective, right or wrong.

]]> By: Michael Wales http://franticindustries.com/2007/06/04/how-to-build-a-web-startup-for-12000/#comment-50255 Michael Wales Tue, 05 Jun 2007 12:20:29 +0000 http://franticindustries.com/2007/06/04/how-to-build-a-web-startup-for-12000/#comment-50255 I don't think Guy's article is a very good example of what it takes to launch a web 2.0 business these days. 1. He purchased 55 domain names - at more than $20 a piece - ludiscrous, by any standard. 2. He spent $5k on legal fees - what non-funded company can afford to do that? Especially if they are offering a real service! Truemors is a message board with all of the features ripped out and it cost $5k? Most companies these days will skip and/or use prewritten, freely available, documents off of the Internet. 3. He doesn't mention anything about his SMS keyword service - normally a $1K/month bill. 4. He doesn't mention anything about his voicemail service - the people parsing his voicemail for Truemors just hooking him up? Basically, Guy under-reported his costs in this article, spent way to much on stupid stuff, doesn't really realize what it takes to launch a company - by yourself - these days. He gave it a good shot, but got stuck in his VC ways with "protect, protect, protect" (ie. registering every thing that half-ass relates to the word truemor and the legal fees). Next time, Guy should give himself less than $6k and launch under a pen-name - then tell us how easy it is. I don’t think Guy’s article is a very good example of what it takes to launch a web 2.0 business these days.

1. He purchased 55 domain names - at more than $20 a piece - ludiscrous, by any standard.

2. He spent $5k on legal fees - what non-funded company can afford to do that? Especially if they are offering a real service! Truemors is a message board with all of the features ripped out and it cost $5k? Most companies these days will skip and/or use prewritten, freely available, documents off of the Internet.

3. He doesn’t mention anything about his SMS keyword service - normally a $1K/month bill.

4. He doesn’t mention anything about his voicemail service - the people parsing his voicemail for Truemors just hooking him up?

Basically, Guy under-reported his costs in this article, spent way to much on stupid stuff, doesn’t really realize what it takes to launch a company - by yourself - these days. He gave it a good shot, but got stuck in his VC ways with “protect, protect, protect” (ie. registering every thing that half-ass relates to the word truemor and the legal fees).

Next time, Guy should give himself less than $6k and launch under a pen-name - then tell us how easy it is.

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