Facebook started with $17,000 investment from a friend and was a dorm room project, not a company. When trying to beat someone it is probably a good idea to see how they got to where they are at. Steady growth over time works. Dumping a shit ton of money into something and saying its going to the the "X" killer doesn't.
The laughing stock is not Bill Nguyen, its the VC's that gave him the money. If you walk in a room and say Color and they laugh, they should really be embarrassed. How many of these same people wanted to get in on this deal before it launched? The really funny thing is that there will be someone else that comes in with a great deck and grand illusions of how they will be the next Facebook, the VC's will pump this person with money too.
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Facebook started with $17,000 investment from a friend and was a dorm room project, not a company. When trying to beat someone it is probably a good idea to see how they got to where they are at. Steady growth over time works. Dumping a shit ton of money into something and saying its going to the the "X" killer doesn't.
The laughing stock is not Bill Nguyen, its the VC's that gave him the money. If you walk in a room and say Color and they laugh, they should really be embarrassed. How many of these same people wanted to get in on this deal before it launched? The really funny thing is that there will be someone else that comes in with a great deck and grand illusions of how they will be the next Facebook, the VC's will pump this person with money too.