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o @product:Product is zemanta iterated for problem solving where user drags and drops to and from the recommended labels[like gmail labels@screenshot attached] containing operators,symbols ,formulas etc. for defining his problem and method better.
o It will be augmented by the knowledge-base/method-base and real time error/auto suggestions
+ designing a rig for an oil company can be sited as an example problems
+ @execution|making money
# @niche/Traction:I have already managed to get a letter of intent commiting a revenue from www.teamlease.com/
* second largest recruiter of India.
# I am most likely escaping the extension from IIT bombay despite my huge backlogs in academic courses[material science],by pitching my case to be considered under a different policy.
o @technology: Machine learning/reinforcement learning.
o @Industry: Finance,Robotics
o @making money : 1]profit sharing 2]IP sharing 3]Optimized method-base 4]winning@kaggle.com
o @competition/similar players :1]GE@medical robotics 2]Isaac newton [would be.]
o @Differentiator:User experience.
o Take zemanta’s traction and multiply that with conversion factor [beta-proxy] of blogging to problem solving clientèle and costing are enough to get a fair projection of revenues.
o costing : similar to bootstrap costing of Aroxo
o I have bootstrapped for the company vriti.com
o I am also preparing for data-mining competitions at kaggle.com to maintain cash-flow.
+
+ what should be the next steps of it’s ignition @angel-list?
* my resume
CST advanced
exhaustive algorithm]]> http://txt.io/t-1xswi Tue, 29 Mar 2011 16:49:41 GMT My2 cents(photo series) +Vinicius Vacanti @ Startup
My 2 cents
Disabuses abuses & 1st person accounts +photo series
What you do matter more then how much you do.
Photo series +Vinicius Vacanti @Startup
Do It Yourself.Minimum Viable Product (MVP).Pivot to focus .Pivot gets traction?
\m/you just have to hack something together that works\m/…
if you need to raise money in order to build a prototype, you are underestimating what you are
We met with a few investors and they weren’t interested. We didn’t have
traction. So, we immediately canceled meetings with other investors.
Missed
Prototypes:6things…
Listening to Our Customers Development Process.Not keeping score.
User acquisition strategies
Market analysis: market sizing, competitive analysis
“Catch 22”
Traction
You’d have a lot easier time
getting a great technical co-founder
if your initial prototype had 20,000 users and growing
“that you sort of need a technical co-founder
to build you the first version to get traction.”
Social Proof
I If you had Ron Conway investing in you,
potential technical co-founders would be
a lot more interested
“without experience, domain expertise or traction,
it’s highly unlikely they are going to invest in your
start up”
to find a great technical co-founder,
you need to convince them of the following
Your idea is better than all of their ideas
The equity is worth spending all of
their spare time working for no money
You are worth 50% of the equity of the company
You will execute and convert an idea
into a big successful business.
You’re better than all of the other
biz people pitching them
In many ways, good technical co-founders and angel investors are looking for the same thing.
Mentors Teamwork
Technology Innovation. Your service has to be secure,
it has to scale immediately, you need PhD’s to help you develop
algorithms and you’re probably applying for a few patents.
Traction is essentially positive momentum in customer growth.Do things manually at first
If you find out you need to do something that will take you less than two minutes to complete, do it right there and then
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My double emphasis text
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My single emphasis text
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myFunction -
before your paragraph
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code block -
[a^2 + b^2 = c^2]
