This is the first video blog of Eraza.org. I hope you like it and find some value in it. Please head over to the eraza.org forums and let us know what you think.
Thursday, April 30, 2009
Saturday, April 25, 2009
What a CEO's desk looks like
Well I guess I should say a start up CEO's desk. It's certainly a change of pace from my extremely wonderful corporate desk in my corporate office. But Eraza is my future, and costs must be kept low.
I'll tell you something interesting. I look around for competition, and just try to keep my eyes on the "location based service" space. I found gypsii, which seems to have offices scattered around in several different places. A little more digging around, and sure enough they've got $13.1 million dollars in funding.
But see here's what I don't understand. Eraza.org as it currently stands, although far from being feature-by-feature comparable with sites like Gypsii is certainly in the same ballpark. And no $13.1 million dollars required to make that happen. In fact our total operating budget (since we didn't get paid) for 2008 was around $4K.
Granted we're all software developers so that clears up the part about having to hire developers, but even still. $13.1 million dollars is a hell of a lot of money.
There's of course a big part of me that says "whoa.. I would love to have $13.1 million dollars for eraza." And maybe I'm just being silly but not pursuing VC (or otherwise) funding. But you can dig one hell of a hole for yourself with $13 million dollars. When eraza gets on equal footing (as far as market share goes) with sites like gypsii, we'll have a huge advantage in not lugging around massive debt.
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