smegmalife
Joined 12 years ago
Joined 12 years ago
When you take the carbs out, your body starts using body fat for energy. It's great, really.
Sure, Beta and Newsletter signups are not full validation for your ideas. But the reality is that you'll never get full validation.
For those who are looking to take the plunge and quit their job, or are deciding which project to work on, a simple test like this can be used as a proxy for demand.
Just because people click sign up on your landing page doesn't mean your product will succeed. But it is infinitely more indicative than just guessing.
If you're going to do a startup, you're going to shoot and miss several times before you succeed. I've been there before. But having Beta signups at least shows you're aiming in the right direction.
And the thing I've come to realize, is that most advice is bad, so you have to sort through 100 potential mentors to get 2-3 that actually add value. The type of value that you look back and think that was life changing.
Also, I've found that accelerator mentors are much more emotionally invested in being helpful for the long term.
And yes, it is easier to raise funds this way. But you don't have to raise funds at the end. Most accelerators give you barely enough to live off of. If you go through a prestigious accelerator, you will have a lot easier time raising funds in the future from the connections you make.
Finally, interviewing customers works great for some. It works terribly for others, since it can be misleading. If you're in a good accelerator, the mentors will help guide you on delegation of time spent coding vs bus dev vs talking to customers.
But, I'm not sure if this is even legal. As imperfect as Yelp is, at least it's democratic. Fining somebody for their guests' opinion of their place is not okay.
This article does nothing but debate semantics. Every metaphor breaks down at some point, so I don't see the need to debate which works the best.