Making the world a better place
Solving a very specific problem that loosely translates into a social benefit.
We are making the world a better place through P2P iBeacon messaging platforms.
dennis almost 9 years agoAirbnb
A website for people to rent out lodging. An example of a dumb sounding idea that turned out really well.
VC: So let me get this straight. A stranger will come into your house and sleep on an air mattress? and then you will give them breakfast? and you think it will be worth $25 billion one day? I know the market is really hot for founders right now but you need to do something else.
zazpowered almost 9 years agoApple
A massive electronics company started by Steve Jobs and Steve Wozniak. With $180B in cash on hand, a $730B market cap and people all over the world scrambling to buy their latest products, Apple is doing almost everything well. A large part of their success is due to their marketing of the latest iPhone upgrade as the greatest thing in the world. See http://svdictionary.com/words/this-changes-everything
Jenny: I need that gold iPhone. I make $10k a year but I need that iPhone
zazpowered almost 9 years agoSlack
A communication tool for sending messages, files, and GIFS to coworkers, team members, etc.
Roberto: Hey Mike, did you get the TPS reports from Barbara?
Mike: Nah hombre, let me go slack her.
Roberto: Sounds good. Don't forget to spam the channel with GIFS that no want wants to see.
Mike: Will do!
zander almost 9 years agoThe Shell Dilemma
When your startup reaches the point where you only have engineers on your team, all of which become a hollow unexciting shell of themselves in the board room. This is when you end up having to compromise and add your first non-technical founder because he is an incredible orator and can represent the product you built better than anyone on your team can.
On the Silicon Valley TV show, Richard faces the shell dilemma when he finds he cannot pitch his idea without sweating profusely and messing up. He seeks help from his friend Erlich Bachman afterward to save him.
yungsnuggie almost 9 years ago
Palo Alto
Spanish for "tall tree." English for "overly priced land."
The worst part about having to move to California and begin our new software company is living in Palo Alto. I'm working out of and living in a small house I have to split with 6 other guys and we're still paying a fortune!
yungsnuggie almost 9 years agoThere's a joke: Palo Alto is a 2 exit town. It takes 2 successful venture exits to afford to live there.
Post Silicon Valley Move Stress Disorder (PSVMSD)
What an investment banker experiences after moving to Silicon Valley because he is no longer at the top of the totem pole.
Lloyd: The other day I was talking to this girl when suddenly this nerdy Facebook employee starts talking to her, not even Mark, just a regular employee... and then she completely ignores me. I work in finance. I repeat, I work in finance. I miss New York.
zazpowered almost 9 years agoTresCommas
This word's roots comes from the number 1,000,000,000. Which has 3 commas. TresCommas is a club that was formed by billionaires. The word is a hybrid of Spanish and English. "Tres" meaning three (3), and Commas meaning, well, commas ",". The only way to be inducted into the TresCommas Club is to have a net worth of at least 1 billion dollars. Correct usage of the word requires an inter-cap spelling, both the "T" and "C" should always be capitalized to further emphasize what it denotes. Should a club member's net worth fall below TresCommas, membership status is instantly revoked. Members are easy to spot in SV because the cars they drive have Billionaire Doors. TresCommas is also a brand of Tequila, which is only available to members of the TresCommas club.
I'm in the TresCommas club and have the Tequila to prove it.
trescommas almost 9 years agoErlich Bachman
A man of the hour. He sold his company Aviato. Now, he runs an incubator out of his house which also happens to be where Pied Piper is headquartered in. He invested in a few other ideas which never came to fruition. He played a critical role in coming up with an innovative and truly disruptive dick jerk algorithm.
In season two, he helps Richard raise a seed round by going around negging a bunch of investors.
There's no need for an example. He is the verb, noun and the everything else that matters in this world. Just watch this, https://www.youtube.com/watch?v=l9_PfruyLlU enough said.
svhunt almost 9 years agoNon-technical Cofounder
A Wharton MBA who will overestimate the value of his idea and underestimate the value of the person who will implement it. Often wonders why his technical cofounders leave him and the apps they build look like shit and get hacked all the time.
Non-technical Cofounder: Why do all these technical cofounders leave me? Did they not see the MBA from Wharton in my email? I'm telling you right now, I know how to write a business plan. I even offered the last guy 10% of my company.
zazpowered almost 9 years agoWorked with a guy just like this before. We had tons of competition doing the exact same thing but dude refused to change his ideas or strategy at all. Happy it was contract work.
Also known as "Ideas Guy"
As opposed to a technical cofounder that shaves yaks because they have no clue about business?
Popular phrase: "Looking for a technical co-founder"
Hooli
A giant tech corporate founded and headed by Gavin Belson. A company that gets into a legal dispute with Pied Pier for copyright infringement.
It can also be used interchangeably for fu**ing things up all the time.
Zeeshan: how did your exams go?
Matt: Man, I hoolied it up again! I gotta study harder next time.
svhunt almost 9 years agoH.T.M.L
An acronym for How To Meet Ladies NOT that html you're thinking about.
Erlich from the show wears a t-shirt with those exact letters, a t-shirt so irresistible that you can't help but to hug him.
Meanwhile at a startup event... Matt: Dude, seriously you couldn't find something else to wear for the event?!
Zeeshan: Whatcha talking about son? This is my favorite t-shirt. AND all the ladies are going to want to MEET me because I know how to H.T.M.L you know what I mean? ;)
svhunt almost 9 years agoThis is Uber
What a passenger will say to turn down their Uber driver when he attempts to start a conversion or expects a fist bump. This happens because of the high percentage of Uber drivers that also drive for Lyft.
Driver: Man the weather is really nice today. Where are you headed?
Chris: This is Uber.
zazpowered almost 9 years agoUber Driver Engineer
A label that describes a lot of Uber drivers. When you talk to one they will tell you they are trying to learn how to code, build an app and start a company. Uber is only now, startup is future. The passenger will encourage the driver but deep down inside they don't think its happening.
Because of the success of Uber there has been an influx of Uber Driver Engineers trying to start their own companies.
zazpowered almost 9 years agoWhale
A term borrowed from the gambling world to refer to higher rollers that drop a lot of cash and make casinos a ton of money. In Silicon Valley, whale refers to high rollers in mobile games. Zynga, Supercell and other mobile gaming companies make most of their money from whales as less than 3% of freemium game players spend any money on in-app purchases.
Richard: Lets make our game free so we can attract the most number of downloads and hope that a good percentage of our players convert into whales.
zazpowered almost 9 years agoLean Domaining
Is a strategy used by scrappy startup founders to acquire domains from domain squatters for the lowest price possible. You email the squatter under the guise of a young boy trying to set up a website for his local church group. By using bad grammar (and just sounding dumb in general) you need to sell to the squatter how little money you have, how much hardship you are going through and how much that website will mean to your community. After selling you the domain, the squatter may read your $35m Series A on Techcrunch but that's just business.
hey john, I'm new to the internet i sw that you own cars.com. my church group has made me in charge of setting up a web page. I heard that geocities would be a good place to start. u recommend perl? anyways i have $50. please help me out Timmy
zazpowered almost 9 years agoAsshole Gifting
to present a recently purchased item of large value to others; best done while being Russ Hanneman.
Dinesh: "So you wanted to show us that you weren't an asshole by showing us the car you just bought for yourself?"
whportman almost 9 years ago
Look at how much time sink we've created for evil people... with Reddit.