When a start-up pivots so many times it can no longer stop it's pivoting creating an endless cycle of changing your business direction or purpose.
founder 1: "we should change this B2B to a B2C with a B2B SaaS back-end admin console"
founder 2: " yeah but just yesterday we were the uber for cat-sitting, if we keep pivoting we may never stop and end up in a perpetual-pivotation.
Eskimo startup - (def) A startup which is attempting to sell a product the market understands better than the startup itself, that the market doesn't need or of which it already has a plentiful supply.
"It was an eskimo startup. They were trying to sell ice to eskimos, it was impossible to succeed"
We want to hire you to work on all parts of the stack because we cannot afford specialized engineers for the different technical stack pieces and feel it's better to start the stack being sub-par instead of having expertise in each stack layer.
We are looking for a full-stack engineering to join our start-up, the next Google!
We don't want to pay out if you quit or get terminated on your vacation or sick days left over, if we had a policy.
We provide unlimited vacation and sick days. If you're sick, stay home! If you want to take days off, go ahead!
We cannot afford real office furniture.
Our teams work in an open work space.
One who uses his or her knowledge as a developer to do illegal or questionably moral tasks.
Julius is a blackhat developer who hacks into people's emails at Starbucks looking for nude photos because that's the only thing that turns him on. Nobody at work likes him or uses the wifi when he is around.
When an app developer sees an app getting a ton of downloads and attention on the App Store and decides to make a copy cat version of the app to ride on the hype train.
Flappy Bird apps, 2048 apps, Pokemon GO tracker apps
When you reject a company's pitch for funding and decide not to fund them.
James passed on Amazon, Facebook, Twitter, and LinkedIn, but funded 'Yo' as soon as he got the chance.
Pre-Unicorn. A company who is perceived to one day be a unicorn.
I am Liam Joover, an investor that only invests in prenicorns.
The smell an engineer has after hours of intense programming.
Julia, a local founder hounder, loves targeting men and women at bars who exude a strong engineer musk.
A member in a company that is partially responsible for all the major decisions in a company like who is CEO, who to acquire or be acquired by, and who to raise money from. The more seats a board member has, the more power they wield within the company.
Vinny's investor is a board member with 3 seats at his VRfeet startup. Vinny is CEO but he pretty much works for him.
Number of people who visit your app every day. Usually more important than Active Installs.
Joe: We have 10,000,000 installs. Kal: How many Daily Active Users do you have? Joe: 100
People known for microdosing on LSD and spending time in VR
James spends his time microdosing and then exploring the jungle in Panda Simulator VR
A guy or girl who sits in bars alone to potentially hook up with startup founders.
That hot girl was only talking to you because you told her that you were the founder of a startup and because she is a founder hounder.
Yes, watch the new Silicon Valley episode lol
One of those tech nerds who can shower you with love and money
Mike: Shit! I am going to be late on paying my ridiculous San Francisco rent this month.
Jess: Mike, you should really find yourself a silicon daddy.
lol.
This is someone who does not care to learn how things are built or suggest how things can be built better.
Nontechnical employee: "I'd help this customer out, but I am nontechnical."
harsh!
One of the species of apps that keep getting made. They're really just digitized indexes of local landlords shat onto a Google Maps visualization or optimize one or more parts of the leasing process. They're not quite scalable, but many have become profitable parts of their community. It is estimated that every year:
Hundreds of thousands of variants of Real Estate apps are pitched
Thousands are built to an MVP
A couple hundred end up creating a sustainable business around the "digital" part of the Real Estate industry
Jao-lin: So our Real Estate app oversees about $30,000 a month in leasing transactions Brian: That's actually not trollish for something like this part of the internet
One of the species of apps that keep getting made. They're really just digitized indexes of local businesses that market their service really well, get cheap couriers, and establish good partnerships with local vendors. They're not quite scalable, but many have become profitable parts of their community (DoorDash, WeDeliver). It is estimated that every year:
Hundreds of thousands of variants of delivery apps are pitched
Thousands are built to an MVP
A couple hundred end up creating a sustainable business around delivering things faster at a local scale
Anna: So what do you do for a living Josh?
Joshua: Oh I own DeliverData, a Delivery app that delivers stuff faster
Anna: That's nifty! At least your company's name makes sense
One of the species of apps that keep getting made. They're really just shitty clones of Facebook and Twitter. I mean if Google couldn't do it, what makes you think you could? It is estimated that every year:
Hundreds of thousands of variants of social media apps are pitched
Thousands are built to an MVP
A couple hundred end up on the app store as different niche apps after the companies pivoted
Alex: Hey Tara, check out my new Social Media app!
Tara: Oohh! Next Facebook right here!
This question means different things depending on who's asking it and when.
1. When customers start asking this, the company is Pre-Revenue.
2. When investors start asking this, it's about to be a Down Round.
3. When the founders start asking this, it's been an Awesome Journey.
1: http://svdictionary.com/words/pre-revenue
2: http://svdictionary.com/words/down-round
3: http://svdictionary.com/words/awesome-journey
Is this real