I want a seamless service where customers can easily submit and track their issues with our APIs during the testing phase. One of the ways I am thinking of is creating a public repo on GitHub for issue management but that is something client might not appreciate.
This is one of the least asked questions that I learned today. If you are raising a seed round from VC, please check the size of fund. If you can make a case of return 20% of their fund during the exit after series A, go for it. e.g. you have raised $1m from $10m fund for 10% equity and your company gets an acquisition offer for $20m. The VC would favour your acquisition because you would contribute 20% to his fund. However if you raise $1m from a $100m fund, the $20m exit wouldn’t excite your VC and instead he would ask you to raise a bridge round and push you to aim for $100m exit in the future. A 20m in hand is better than $100m in bush.
P.S: I am not suggesting you to become short sighted at series A but it was a context to help you understand my point. Just wanted to remain grounded and help you understand with achievable targets.
Hey vortex_ape, we're also working on extracting data trapped inside scanned PDFs and recently, we've begun to get good results using DL algos. I am based in Gurugram, would you like to catch up and exchange experiences?
This is such a beautiful read where he predicts the democratisation of web, especially with e-commerce and information. He also shares a context wherein he explains that technology augments the industry before democratisation.
Who doesn't like a strategic investment from a customer? I was pitching to a client and he offered that his company would like to explore investing rather. Now he wanted to know the details of the company and I told him some figures of the company. Have I jeopardised my chances of even turning him into a customer?
Would have been nice to qualify the interest more before sharing the company details. Did you do that?
(If you did not) Now you operate at a very significant disadvantage. They have a lot more information about you than you probably do about them. Generally, but not always, control over where this all goes is more in their hand than yours.
Had that discussion been better qualified, you probably would know more about them becoming a customer, for one, and would have gotten value in return for value given. And control would be better managed by you.
Why do they want to invest? How long have they been looking for an opportunity like your firm?
Why?
And with that, for what returns and how do those align with both your business and theirs?
Oh yes, I did qualify him for investments and thankfully, I did get answers to all the questions above. I was directly talking to the founder and had researched about his story before getting on the call. He sold his previous venture and is also a partner at a fund in US. I also understood his interest in our company and what are other similar companies he has considered? We also talked about the competition in US and global, both. It flowed like a conversation and I am glad that he was upfront about investing rather than using tricks to fetch information.
I was worried because I just went with the flow and had afterthoughts if I should ever change the context of a call! I am very wary of investors who do not have any entrepreneurial experience. Most of these investors, at least in India, have a very cosmetic entrepreneurial experience?
The way I spend time and the quality of information I consume shapes my thinking and I owe it to HN.
Since HN is crowdsourced, it is my trusted go-to source for authentic and newsworthy news. Secondly, I always search my queries on HN before Google. I believe SEOs are over-rated when it comes to searching for your needs.
As it ranks content (articles) based on what "experts / insiders" feel about said content. AKA it's almost all very high quality news / information about a given topic.
Interesting! I see that you've decided experts based on sentiment analysis of their comments. How do you decide upon the high quality of information/ news on a topic?
You can review the search results themselves. It's somewhat subjective "what is good / bad" however, the stories all appear highly relevant and of fairly high quality as it relates to the topic (again subjectively).
Internet is a huge resource. Even finding the most relevant thing is an art. You keep on getting better. Videos and tutorials might be shallow but your aim is to get the job done by learning a new skill. You only get closer to being an expert by meeting your objectives (programming and making human effort less than ever) and NOT by reading in depth nor by finding short cuts to expertise.
