Okay so people don't want to appreciate this guy. That's fine because it's nothing as big as it is tooted to be but let's also understand that he's not doing the tooting - and nor is he doing this to gain attention to himself... it's to a philosophy/policy that he wants to gain attention to.
1. He knows what he's doing. Only a fool would actually make this crazy idea so public.
2. $37 is nothing and he accepts it publicly so let's keep those "it's cheap, it's a spam, it's a joke, it's crap" comments to ourselves :)
3. It's not a speculative offer: at least, not after it's got so much public coverage and someone will be snooping around to see if he keeps his word. So $37 for focused publicity is pretty good.
4. In fact, he's doing a good thing. Most startups need nothing but exposure and connection with the right people. A few good men talking about the startup on their blogs gets a lot of good for the startup.
5. The part about convertible debt is going to be very debatable... and downright condemned but his investments in the form of time and contacts-expertise is going to be more than what a million-dollar VC would invest.
1. He knows what he's doing. Only a fool would actually make this crazy idea so public.
2. $37 is nothing and he accepts it publicly so let's keep those "it's cheap, it's a spam, it's a joke, it's crap" comments to ourselves :)
3. It's not a speculative offer: at least, not after it's got so much public coverage and someone will be snooping around to see if he keeps his word. So $37 for focused publicity is pretty good.
4. In fact, he's doing a good thing. Most startups need nothing but exposure and connection with the right people. A few good men talking about the startup on their blogs gets a lot of good for the startup.
5. The part about convertible debt is going to be very debatable... and downright condemned but his investments in the form of time and contacts-expertise is going to be more than what a million-dollar VC would invest.
6. or in short, "it's not about the money."