ubudesign

Hi,

I'm looking to get together with other startups in LA area to share thoughts and experiences.

so it looks like there many good startups that didn't get accepted. perhaps for the simple reasons of too many aplicants, single founder, bad application writing skills, etc...

Also, many will not be discoraged by this and continue to work on there stuff.

anyway I was thinking maybe we can create some sort of a group and just get together based on the same model as yc. of course without evrything that YC provides but just working with other founder is realy good.

I have some thoughs on how this might work, like we could vote on startups to join in, select a physical place or just remotly, invite experts, pich in in funding for small expenses, etc.. but first I like to hear your thoughts...

When I started developing my site I never thought about needing any capital. Sure I needed private servers but I managed that. And yes if I had money I wouldn't have a day job but that actually may have helped. its weird but if you are under pressure you become really productive. so after the first year I managed to develop something decent and by next year have paying customers. Then few month ago I got an email from a vc saying that they are interested etc and setup a phone meeting. I had not much of an idea of what vc's do and what they want. Also I had never approached them before. So the only thing I though was to talk about my product and give a demo and explain some of the detail. instead the conversation became something else and very short. I guess they had though we were a large company or something and basically explained that they invest some millions of dollars and in companies with a revenue of about 100,000 per qt or more.

So what's the point? if I had 100,000/qt why would I need investment? All I need is more servers and do more marketing and bring few more people to join.

Also why is a vc interested in investing millions in say similar companies like ours that have a terrible product but perhaps have more users because they are marketing etc., when they can invest in a better product?

The only explanation I can think of is that people feel good about something when they pay more for it. And another explaination is that they just don't get it. I mean if google had gone to a vc before they became google would they be able to see? Another explaination is that they just want to wait until they are realy sure or something...

ok this is a simple question. I am trying to come up with 7 levels of permissions and their respective role names. what I have is:

root, admin, manager, assistant,user,public,none

or

root, admin, publisher, editor ,user,public,none

I'm not too happy with this naming. could you suggest something better that would be understood by most users? This is in the context of database