here's a suggestion: start immediately with a cool project, like a game or a web server.

Beats the "here's 2+2" type problems.

this leaves the space open for anyone who wants to start a different type of game-hackathon.

mobile version works pretty well. This fb virality thing is nuts.

are ads enough to support your operational costs? Any more ideas moving forward?

i think there's some potential in anonymous feedback for large brands. Build a business development team and go after them.

what about having a 5 million/yr revenue run rate. With "valuation" multiples of 20s, you can get to a value of $100 million.

In my experience of being part of the acquiree, you can get acquired for a gross earnings multiple of between 30 and 40. So as long you're only spending 2.5m per year to get your 5 mil run rate then yep, find the right acquirer and you can get that 100m valuation but there's a lot luck involved.

Valuation multiples are not against revenue, they're against earnings.

any meetups planned in October? Which website should I check out for events?

you can also incorporate before applying (if you're serious about the idea). Use services like LegalZoom, they cost around $300-$600.

In the event that you do get into YC, or raise 5-6 figures of seed money, you can always go to a lawyer and reissue stock certs, articles of incorporation, etc.

localhosts: check

i suspect it's the free WiFis that require you to comply with their terms and conditions. They probably catch the traffic and inject text ads into the HTML, which arguably is quite clever and malicious.

i'll get more data to confirm this

i get happy when things "connect" in my head. It's a rush.

works like a charm

also found Drive-In, which runs on Apache+PHP https://github.com/scottjehl/Drive-In