I think this is pretty significant advice. My daughter broke her foot one day before getting on a plane to Barcelona, where we planned on doing a lot of swimming, I had a waterproof cast cover over-nighted and they sent two. One for me and a free one for the foot doctor. The product worked so well, it literally saved our vacation and I couldn't say enough good things to the doctor when we got back. I'm sure giving the free sample to the doctor was a win for them, especially considering the doctor had never heard of the product.
I don't know if you can do that with posterous or not, but I know WordPress is used for a lot of sites whose content relies heavily on images. peopleofwalmart.com would be a example.
Blogger, WordPress.com, Posterous, Tumblr, Weebly, TypePad, etc... are all good choices, each with their own pluses and minuses. If you get to the point where you want more flexibility, and customization with your choice of plugins, please give Flooha a try, it's free. http://flooha.com You can upgrade later to a traditional web hosting account with control panel, ssh, email, backups, cron jobs, forwarders, statistics, file manager, and more if you like the service.
If you have questions, look me up on Google Talk as "flooha", or email me at matt [at] flooha [dot] com.
No doubt. I've heard the 1% rule, which mirrors my own experience, but I've never heard the "5% rule of thumb". Also, what defines a "really sweet offer"?
I think he may have been saying something like "If you pull everything off just right, there's a maximum of 5% of your visitors that can turn into sales".
Of course, if the majority of your traffic are coming over to read something interesting, you'll probably be a ways from meeting that 5% mark.
Yep, no one who has built a company that turns up $1M in profits, revenue, or event debt shows the same business mistakes as those in the post. Really, unless you have made a very specialized scientific or engineering product and sold it to one mega research lab for that much, you should have had enough business sense by now to know NOT to discuss deal terms in this manner. This is strictly something between you and your advisors/mentors.
Unless, of course, the posted already decided to reject the offer but wanted to capitalize on it with a publicity stunt.
Two other things.. You would assume the individual would already have a hacker news account by this stage in this process, not one created 3 hours ago.
Also, why not provide more details such as a name or url if you're going to drop the "7%" figure. Your identity is already blown.
Perhaps someone is questioning the value/integrity of the YC concept rather than the monetary values.
Checking it out now. One thing. When I click on the ? next to the "targeting score link" it just takes me to the top of the page. The tool tip is "How is this calculated?", but I'm not seeing the info after clicking the link.
I'm particularly interested in the keyword distiller.
edit: I forgot to mention that I really like the design. Nice and clean.
Personal crash safety suit for motorcyclists/extreme sports which could absolutely protect against all damage. I have ideas, which could be applied to other applications, anyone have the $100,000,000?
"MOTOAIR, motorcycle airbag jacket is the necessary equipments of riders, the AIRBAG SYSTEM is designed to proof shocks ordinary, can protect the human body easily to be injured the fatal spot"
Their site copy reads like a bad video game port script.
It's the same in Europe. My wife is Spanish and when I learned that you could transfer money to anyone's bank account easily and free, my brain exploded.
It's amazing that the U.S. is (was?) considered the leader of technological innovation, but we're still so backward on something like this. It reeks of corruption and lobbyists.