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Tim Parsa
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Sorry @cadoo I meant to tag https://www.producthunt.com/prod...
Our product hunt page is outdated. Will update this week.
I've set aside 20% of my VC-backed Startup for Community.
Tim Parsa
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Tim Parsa
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I've set aside 20% of my VC-backed Startup for Community.
Startups only work if collaborators believe in the upside that Founders share-- options, RSUs, dividends.
They work because those collaborators work hard to execute on the founder's vision. They find users and build product.
Users bring validation and feedback.
Iteration creates cashflow.
Cashflow makes the upside valuable.
Without our early users @cadoo would be dead.
For Cadoo Season 2...
Tim Parsa
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This is a coold startup validation template: https://validate.slyk.io/i/RPU2F...
Which platform do you use in sales to validate the data of your leads (email, phone number...)?
Henry Burkert
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Tim Parsa
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Failure is Good
I've been building tech startups for 25 years, first in Mexico (#2 ISP, first e-peso platform, first multi-channel HD TV system) and for last 10 years in SF (Uphold, Airtm, Cadoo, Slyk).
I've never met my goals for success. I've always failed. But I always learn.
I want to tell all you indie hackers, startup founders, techno-optimist folks something important: if you're not failing, you're...
Tim Parsa
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The founder/startup/vc paradigm has a 90%+ failure rate. Why is that?
It's complex, a three-body problem of founder, community, and capital formation.
More founder resources: venture hackers, nfx, TWIST-- the more founders have their eyes opened to the asymmetric upside of building a tech startup.
More founders, more ill-suited founders who punk out and give up-- startups aren't actually...
Seedscout 3.0
A cold email alternative for expanding your startup network
Tim Parsa
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To validate your startup idea, i.e determine whether it's worth expending your precious and scarce Founder Energy on, answer these four essential questions:
Is it pitch-worthy?
Is it join-worthy?
Is it earn-worthy?
Is it prepay-worthy?
A startup is a machine that turns Founder Energy into Cashflow from the sale of a tech-powered solution. The goal in validating a startup idea is to find...
How did you validate the need for your startup product?
Ram Ganesan
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Tim Parsa
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XFX: 1st Cuba Startup #1 on Product Hunt
Hi PH Founders & Supporters--
I know everyone has a favorite founder/startup that they want to see take the #1 spot. I want to make a case for why we should all upvote XFX --https://www.producthunt.com/posts/xfx-p2p-remittance.
XFX is startup built by a founder from Cuba where entrepreneurship is essentially an outlaw activity.
Building startups is hard, but building startups in Cuba...
Tim Parsa
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Community is Memes & Money
Community isn't a discord server. Or a Slack. Or a meetup.
Community is a network bound together by common memes-- the founders' vision-- and aligned economic incentives.
The earliest communities were our ancestor's hunter-gather tribes: we shared a common purpose-- survival-- common gods and rituals-- memes-- and we all feasted or starved together-- economic incentives.
Tech startups must...
Tim Parsa
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A startup that expresses your unique soul-- your combination of virtues, values, life experience, and ambitions is the most effective and efficient path to wealth and satisfaction in a world of infinite leverage (code, content, crypto). To not build a startup that solves a problem you care about for a community you care about is a huge missed opportunity.
Why do you work at a startup?
Daria
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Tim Parsa
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I've built many startups, some of which have achieved hypergrowth like Uphold, Airtm, and Cadoo.
I wish I'd built an incentivized community of collaborators with skin in the game prior to building an MVP on all of them.
Community is the platform for your Network. The two M's in community stand for memes and money.
That's why I built Slyk-- to make it easy for any project, startup,...
If you could give only 1 advice to yourself at the beginning of your startup, what would it be?
Sveta Bay
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Tim Parsa
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CPC FTW!
The "How To Launch on PH" presentation yesterday mentioned building community pre-launch...
Zack Bruce
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Tim Parsa
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Why 90%+ of Founders Fail
Founders fail because they give up.
They give up because the cost/benefit of the startup ceases to make sense.
That cost/benefit gets out of whack because founders don't receive the encouragement they need to continue.
This encouragement comes in different forms at different stages of the startup:
Idea stage: feedback from friends and family on the pitch/project-- founders need to...
Tim Parsa
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Great job @jfalcon. Feature request-- I'd love to see a way for clients to propose a project and then have the Freemancers provide a quote.
Freelancer platforms provide discovery for talent but take a big cut of the earnings. Freemance is a way for independent freelancers to build the products and services they need to thrive.
It's been amazing watching this project evolve and grow....
Freemance
Coin powered freelancer community
Tim Parsa
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United Nodes of Memerica: Balaji Srinivasan's The Network State
Ever wonder why dictators can destroy countries for decades, ruining the lives of tens or even hundreds of millions of people, and yet year after year retain power and continue their corrupt and incompetent reign?
Before the internet, there was an information problem-- it was hard to even know what was really going on when a totalitarian dictator controlled all the media. In the USSR there...
Tim Parsa
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The best way to prepare for a fundraise is to create a community who are aligned with. your success and reward them for helping you grow the way you want to grow. VCs want to derisk their bets based on traction. Traction comes from knowing the problem you are solving, knowing the users you are solving for, and creating a community of believers, collaborators, and and early adopters who can help...
The silver lining of pausing your fundraise
Jason Yeh
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Tim Parsa
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Raising money for a startup is like birthing a pineapple, so congrats on the launch @daniel_rongo and team. First time founders need guidance. Repeat founders need intros. Funden does both and if the quality on the former is good and the networking enabled by the latter is too, then shazam-- that's literally hundreds of hours of founder time and tears that can be saved for every startup looking...
Funden™ Assisted Fundraising
A managed fundraising platform for busy founders