v0.2

• Outline is at 90-95% status
  • Originally intended as a pitch deck outline, quickly realized this is an outline of practically the entire startup
  • Pitch deck will be derived from this
  • Feeling good about how the major questions being answered
    • Still got the nagging “is this really possible” thought (may drink more)
• Attended Venture Café for the first time
  • MassChallenge had a networking event at Venture Café, in Cambridge at MIT
  • Met some very smart, very interesting folks looking to participate in the challenge
  • Lots of biotech representation in the competition; feel sort of goofy in comparison (note: when billionaire, fund them all for the greater good)
• I has lawyers!
  • I had an immediate legal question and found a good consulting add-on with legalzoom
    • The idea that I “have lawyers” is endlessly amusing to me; phrase being abused at home hourly
  • I now have a valid and binding NDA that uses me personally as the party in question, until the IP transfers to the startup
  • NDA already in use
    • Also hilarious: NDA’ing my parents
• Growing concern about a bubble
  • This week alone there’s been a lot of startup news that’s got me (somewhat) reeling
  • On the one hand, you have Foursquare going for some well-deserved funding
    • Keeping in mind Foursquare has real revenue
  • On the other hand, free app Flipboard gets a $200 million valuation
    • As far as I can estimate, acquisition to a sucker whale (new term) is their only exit strategy (if they even have one)
    • I do wish them the best, it’s a great app
  • Most concerning: Color receives $41 million investment (read: real money)
    • I’m holding judgment on this but only for a week; my trustworthy gut is ready to call bullshit
• AwesomeWife™ sent me this interesting Mashable post about Groupon’s development choices in cloud computing
  • Now I’m looking at Salesforce.com, Amazon services, etc.
  • Might need less from-scratch development than originally thought

• Next steps:
  • When outline breaks 95%, create entire roadmap
  • Order business cards
    • But before that, creating logo
      • But before that, create branding
        • But before that, solidify look and feel
          • Consider announcing the name next week for gathering thoughts, opinions, and insights from networks
  • Grow beard back