toner comments on Who Wants To Start An Important Startup? - LessWrong

41 Post author: ShannonFriedman 16 August 2012 08:02PM

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Comment author: gworley 19 August 2012 11:41:02PM *  13 points [-]

Let me just toss out some caution here.

I'm all for getting excited and making stuff happen. Maybe it really is that there have not yet been any LW startups because we all just failed to coordinate on it and in hindsight we'll all say "why the hell did we all wait for so long". That said, let's not forget a few key things here.

  • Most startups fail
  • even when the principals are smart and motivated
  • even when the idea is really good
  • even when [x] is [y]

And, as I already said, for some reason we haven't already had a bunch of successful LW startups. It's certainly not for lack of smart people, entrepreneurs, or technical skills.

If a LW startup is going to succeed, I think we would benefit from understanding first why we don't already have successful LW startups (not even one).

Comment author: toner 20 August 2012 02:38:12PM *  4 points [-]

Quixey is incredibly successful. Also, LessWrong is still young. Give it time! There may be a bunch of startups out there we haven't heard of yet. For example, I'm doing a startup with 3 other LWers, but we need a little longer before we're successful ;-)

Comment author: Bruno_Coelho 24 August 2012 01:18:35AM 2 points [-]

I don't feel LessWrong young. OB 2006 posts are extremely past to me, even if a different site.

But If we consider LW a internet startup, the site is doing pretty fine, since the failure rate is 25% for US. For the first three year, the rate of sucess is 65%, 51% for 5 years. Besides having a core content written in a unusual language.