2006/05/22

How do you know a doomed startup?

When its more about ego than product.

Seriously, every startup I've ever seen that puts headshots of its management team has ended up as a crapshoot.  That should be the #1 tip to potential investors that their money is going to be put to use fueling egos and sports cars rather than spent on hiring developers and designers, ads, or just about anything else that might be useful in a company.

Also, the fact that this "social network" is anything but social might also be a clue.  Here's a tip, guys: snobby people don't go online to be snobby.  They prefer to do it in person so that they have other rich people to pat them on the back for being rich, and peons to exclude in order to brush away those pesky insecurities about their self-worth.  What's the point of a gated community if no one can see you driving through the gates every day?

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