Comments on: Kawasaki: How I wasted $12,107 on Truemors

By: shanti braford

shanti braford — Fri, 08 Jun 2007 03:28:08 +0000

While I generally agree with your sentiments, $12k is not much to blow on a site in the grand scheme of things.

While $30-million Web 1.0 launches are a thing of the past, there are still companies in the valley burning through $1-3 million on totally unproven ideas.

I love seeing some startup raised $300-500k and their Alexa ranking still hovering at 100,000 six months later, while stuff I knock out for fun on the side sits pretty at Alexa 20k or higher.

By: allen stern

allen stern — Wed, 06 Jun 2007 03:10:23 +0000

Sam - that’s Robert NOT Guy!

I wonder how many people make that mistake to Guy’s favor.

By: Sam_Odio

Sam_Odio — Wed, 06 Jun 2007 02:34:43 +0000

Guy’s “rich dad, poor dad” books changed my life. If he is as successful with Truemors as he is with his publishing career all the nay-sayers will be crying in their beer.

By: Cale Bruckner

Cale Bruckner — Tue, 05 Jun 2007 21:47:22 +0000

From the source “The plan is simple: Get a site launched in a few months, see if people like it, and sell ads and sponsorships (or not).” — Guy

Guy does a pretty good job of describing his intentions.

By: Mathew

Mathew — Tue, 05 Jun 2007 17:56:12 +0000

Just for the record, I think it’s great that you can get your ideas onto the Web cheaply — and if that’s all Guy meant to say, then I agree.

But it seems to me he was saying something more — i.e., that he was able to create a *business* for only $12,107. The only problem is that I don’t see any sign of Truemors being a business (which I guess you could say about lots of other Web 2.0 sites too).

In that context, it’s hardly surprising there’s no business plan — there’s no business. A fun experiment? Fine. But that’s not what I took from Guy’s post.