Smash Notes
Why Did a Mentor in Hawaii Say Not to Raise Money Unless One Dollar Could Turn Into Five?
A mentor in Hawaii gave the rule early on: do not raise money unless one dollar can turn into five. Other people's money is not for building a product or buying equipment. Capital is for making more money.
A channel that returns five bucks for a dollar in is worth spending on until the channel is used up. Profit from customers is itself an investment in the work, and many cases call for a little money or no money at all.
Geek at Sea
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Anthony Eden, Founder and CEO of DNSimple
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at 31:50
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·Transcript
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On this episode
- How Did Anthony Eden Get Introduced on Geek at Sea as the Person Behind Dnsimple About 10 Years After He Started It? Transcript
- How Did a Horrible Godaddy Interface and Constant Upsells in 2010 Push a Domain Veteran to Start a Registrar? Transcript
- How Did Nights and Weekends at Living Social Lead to a First Paycheck Near the End of 2012? Transcript
- How Did a Developer Niche Hold for 10 Years Beside Godaddy, Amazon Route 53, Google, and Microsoft Azure? Transcript
- How Did Anthony Eden Turn a Perl Alias Script Into an Erlang Name Server So a Naked Domain Could Point at Heroku? Transcript
- How Did Dnsimple Limit Automated Clearing House Payments to the Yearly Business Plan After Larger Customers Refused Credit Cards? Transcript
- Why Did a Mentor in Hawaii Say Not to Raise Money Unless One Dollar Could Turn Into Five? Transcript
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