Dylan Tweney: Why Instagram is worth $1 billion, and your startup isn’t (VentureBeat)
Instagram succeeded for many good reasons, including its design, its viral qualities, its simplicity, and the fact that its engineers focused so obsessively on making sure that it works all the time. Part of its success, no doubt, is the fact that it was just in the right place, at the right time, with the right, crowd-pleasing mix of features.
David Heinemeier Hansson: All or something (37signals)
‘The world is full of ideas that can be executed with 10 to 20 hours per week, let alone 40. The number of projects that are truly impossible unless you put in 80 or 120 hours per week are vanishingly small by comparison.’
“I love entrepreneurship, and I love tech startups, but sometimes I'm struck by the lack of perspective that many tech entrepreneurs have about creating a startup. One of the most common things that entrepreneurs in the tech sector lose sight of is that most companies never get venture capital funding, especially outside of the technology world. That's not to say that VC hasn't played an important rule in the growth of many of the biggest and best companies, sites and apps. It's just not the only option.”
"I felt like a fraud every day. Here I was, selling a wobbly, buggy tool and pawning myself off as an expert in a field that didn't exist. (My software was the first commercial tool for code review.) Every second I felt like I was putting one over on the world."
On why entrepreneurs and health food nuts are living right, and cubiclones are missing something. "In an artificial world, only extremists live naturally."
In response to Calacanis' "fire people who aren't workaholics" bullshit. "If your start-up can only succeed by being a sweatshop, your idea is simply not good enough."
Big Medium developer Josh Clarks talks about the many miles to go after completing the launch milestone, the importance of long and consistent hours, and the constant refinement of software development and support.