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Modern Products

Our service is down because Microsoft Azure is down. This is how we chose to react.

Running a cloud service surely has its challenges, but I believe it’s the future of consumer products and most technology in general. We (Soluto) rely our service on Microsoft Azure, which we chose as our scalable big data platform because we could build stuff really fast on top of it using our favorite tool: Visual Studio. We now run on hundreds of machines and deal with close to 100M data transactions per day from which we extract quick fascinating insights for our users, which is fun and cool.

For over 24 hours now, we’re down. It’s horrible. Seeing Google Real-Time Analytics show this image is.. well… heart breaking at best, and murderous-thoughts-invoking at worst.  

But every cloud provider has its glitches, and to be frank, every software or hardware company ever has had its glitches. We know people are working hard and around the clock to fix this failure, so instead of complaining, we decided to send our community to transmit positive karma in the direction of the people spending their weekend restoring the service instead of with their families. Who knows- maybe it’ll speed the restoration process :)

Here’s the post we published on our Facebook page: 

Hi all, sadly Windows Azure is still down which means we’re still down. Here’s how you can help: go to Windows Azure and write on their wall that you love them and appreciate the fact they’ve got people working hard around the clock during the weekend in the holiday season to restore our service. Wish them luck and send positive karma their way :)

What do you think? Would you act differently?

image

    • #marketing
    • #startup
    • #communi
    • #azure
  • 4 months ago
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The startup curve

collaborativefund:

From initiation, to the trough of sorrow, to the promised land — Paul Graham’s view of the startup process, from a Y Combinator meeting in 2008.

image by A VC, via swissmiss

    • #startup
    • #startups
    • #entrepreneurship
  • 10 months ago > collaborativefund
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Of course there are many differences between startup fundraising and Nigerian email scams

A brilliant article about lessons to be learned from Nigerian email scammers:

Essentially, scammers face an optimization problem. Touching a huge number of potential victims is easy. The real cost is the time spent converting a prospective victim into an actual victim. The scammer has to spend time to build the victim’s confidence to the point where they wire some amount of their money to the scammer.  The opportunity cost here is massive.  Spending time on a prospect that ultimately gets cold-feet is the worst possible outcome for the scammer. Not only did they fail to collect any money, but they wasted a bunch of time getting a “no.” The longer that victim took to ultimately back out, the higher the scammer’s cost. Since time is a real constraint, finding a way to steer clear of people who start a conversation but won’t ultimately send money is just as important as nurturing the rare victim who will end up handing over his or her cash.

…

Now, re-read the preceding two paragraphs, and replace the word “scammer” with “entrepreneur”, and the word “victim” with “investor”.

I’ll wait while you do it.


Full piece here: http://venturebeat.com/2012/06/25/what-entrepreneurs-can-learn-from-nigerian-email-scammers/

    • #entrepreneurship
    • #Product Management
    • #ProdMgmt
    • #Startups
    • #Startup
  • 10 months ago
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Why founders should not hire a Product Manager

In the past years I’ve been meeting many founders before they raise money, to help them around product, marketing and generally what’s important and when. One phenomena I keep seeing is one of the founders will ask “where can we find a good product manager?”

My answer is almost always “You don’t need a product manager. The product is the most important thing you’ve got to deal with right now, so one of you should do it.”

This may seem a shallow point of view, so I’ll elaborate on the insights behind it.

When you found a startup, there are important things and unimportant things. On another dimension, there are things that require lots of actual work (like coding), and things that do not require lots of actual work (like defining your marketing strategy). Surprisingly enough, in most cases at the very early stages of a startup, what’s important is what actually requires lots of work.

For most startups in that position, there’s nothing more important than product. You need to code it, true, but what “product” means is “what do we code?”

I often encounter two archetypes of founders who will ask me about hiring a product manager:

1. Coders who can write great code, but don’t know what they should do, so they are looking for someone who will tell them what to do.
2. People with business background who have no idea how to build products, and are looking for someone they will explain “the vision” to, and he will make it happen (while they masturbate around big words like “go-to-market strategy).

To the first group (coders) I say: if all you know is code, you’re not good enough founders. You need to think about your users, imagine their pains and needs, build it for them. Become the product managers. Or alternatively add another co-founder who can bring that skill to the founding team. The first product manager in a startup must be one of the founders.

To the second group (suits) I say: if you can’t build anything, you have no justification to be calling yourselves founders. a key skill for the founding team is to know how to build the damn thing, and if you cannot, it means the investors’ money will be spent on your salaries while you contribute nothing but big words (in reality I use much harsher words in those situations, but I don’t want to make this post NSFW). Don’t get me wrong, the business side is critical to the success of startups, but 1) mostly at later stages and; 2) Too often I see a group of 3-4 founders who have no idea how to build stuff, expecting they can outsource everything including the product side. Granted, sometimes those people succeed, but then it’s not interesting.

So if you’re building a startup, ask yourself which of the founders can be a great product manager. Build your thing, raise some money, and when that product-founder simply cannot do enough product work because he spends 13 hours a day doing something else that’s more important, then hire a product manager.

    • #Product Management
    • #Startups
    • #Startup
    • #Entrepreneurship
    • #Hiring
  • 11 months ago
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Doing what needs to be done

I love Reddit. That’s where I consume most of my humor nowadays. In this article, Reddit co-founder admits that in the early days of Reddit, it’s activity was generated by many fake accounts run by the co-funders themselves. This served two purposes: 1) setting the tone for the type of content they wanted on their site and; 2) creating the feeling of an active vibrant site.

Some may think it’s manipulative. I think it’s brilliant. Why? Because at every point in a product/service’s life, you need to ask yourself “what’s the most important thing right now?”

For the Reddit folks there were two such important things, and they just solved them, doing lots of dirty work themselves.
They didn’t hire a PR agency, they didn’t hire consultants, they just did what had to be done. Execution execution execution.

I love Reddit.

    • #Product Management
    • #Startups
    • #Startup
    • #Entrepreneurship
    • #Reddit
  • 11 months ago
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Thoughts about building stuff. Software, design, products, services, marketing and hedgehogs.

Brought to you by Roee Adler, chief product officer at Soluto.

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