wylonis
Joined 12 years ago
Karma
46
Submissions
42
Member since
Mar 17
Recent submissions
Comment · 11 years ago
yes it is completely their prerogative to ask whatever questions they want. luckily a lot of investors do ask the right questions. my observation is just that a lot don't and i wish they did because it would mean a lot more interest in series A companies.
Comment · 11 years ago
i'm sorry to hear that you perceive this as some sort of excuse. that wasn't my intention. we haven't started fundraising yet so i don't know which side we'll land on. this was more meant as my personal observation on the VC ecosystem and how I can see some of the dynamics leading to the crunch.
Comment · 11 years ago
i partially agree with your point on an explosion in early stage companies. however, i think part of this explosion in seed stage companies is because companies are now raising 2-3 seed rounds and jumping straight to A rounds which in effect is the old "B round." i think part of this behaviour is driven by investors dis-interest in A rounds so entrepreneurs try to be "seed stage" as long as possible until then can raise 10 million dollar A rounds which is really a b round.
Comment · 11 years ago
hey pbreit. i'm not saying that fitbay necessarily is a unicorn.. i'm saying that there are potential unicorns among series a start-ups that are not getting funded. but i agree that "can this team create traction?" should be the most important question that investors ask.
Comment · 11 years ago
hey calbear81. i'm not saying that investors shouldn't ask these questions - because it helps you understand the market. however, imo the most important questions are the ones i highlight and these are rarely the focus of discussion.
Comment · 11 years ago
Hi HN, I'd love to get your feedback on Fitbay. It lets you connect with your Body Doubles - people with your height, weight and body type. Check it out - https://fitbay.com
To sign up you take "The Body Quiz", entering your height, weight and body type to find your 'Body Doubles' – people with similar proportions. Based on your entries we match you with others who have answered similarly to questions including height, weight, body type, torso type, arm length, age, location and cup size (for women). There are 1,700,000+ possible matchings in this quiz, so it's very accurate.
We then encourage users to share photos of themselves (selfies) and tag the brands and sizes they wear. In turn, this creates a personalized shopping experience where everything is in your size, presented by people who have a body similar to yours.