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	<title>Comments on: Insane Perseverance in the Face of Complete Resistance</title>
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	<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/</link>
	<description>Funding and support for concept and seed stage startups.</description>
	<lastBuildDate>Fri, 16 Jul 2010 15:19:03 +0000</lastBuildDate>
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		<title>By: John-Brian</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-251</link>
		<dc:creator>John-Brian</dc:creator>
		<pubDate>Thu, 21 Jan 2010 20:41:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-251</guid>
		<description>It has been 30 years... and just now the paradigm opens up.  Manu, is 30 years perseverant enough? 

I had a similar &quot;forced entry&quot; experience with Professor Karl H. Pribram at Stanford.  He was the head of the neuropsych dept there, I did not belong but did belong. It as late in the summer of 1979 when I showed up at his office door wherein life as I knew it changed significantly for me thereafter.

30 years is how long I have waited and worked on, and tested, and waited...  one idea. One complex invention. Many pieces pulled apart and flexed and tested in applicable marketspaces but the &quot;readiness&#039; was just not there yet... until this last year... 

Paradigm shifts (ref: Thomas Kuhn and Drs. Miller, Galanter &amp; Pribram - Stanford Behavioral Institute) are real and can be motivated to shift to some degree.  I wish the market were as easy to &quot;move&quot; as Dr. Thorne. 

Congrats to you and all your successes... and the positive social consequences of these successes and over time.

So many shades of perseverance and Purpose.

Lovely story.</description>
		<content:encoded><![CDATA[<p>It has been 30 years&#8230; and just now the paradigm opens up.  Manu, is 30 years perseverant enough? </p>
<p>I had a similar &#8220;forced entry&#8221; experience with Professor Karl H. Pribram at Stanford.  He was the head of the neuropsych dept there, I did not belong but did belong. It as late in the summer of 1979 when I showed up at his office door wherein life as I knew it changed significantly for me thereafter.</p>
<p>30 years is how long I have waited and worked on, and tested, and waited&#8230;  one idea. One complex invention. Many pieces pulled apart and flexed and tested in applicable marketspaces but the &#8220;readiness&#8217; was just not there yet&#8230; until this last year&#8230; </p>
<p>Paradigm shifts (ref: Thomas Kuhn and Drs. Miller, Galanter &amp; Pribram &#8211; Stanford Behavioral Institute) are real and can be motivated to shift to some degree.  I wish the market were as easy to &#8220;move&#8221; as Dr. Thorne. </p>
<p>Congrats to you and all your successes&#8230; and the positive social consequences of these successes and over time.</p>
<p>So many shades of perseverance and Purpose.</p>
<p>Lovely story.</p>
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		<title>By: K9 Ventures &#187; Blog Archive &#187; My story and support for the Founders Visa</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-165</link>
		<dc:creator>K9 Ventures &#187; Blog Archive &#187; My story and support for the Founders Visa</dc:creator>
		<pubDate>Wed, 23 Sep 2009 07:17:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-165</guid>
		<description>[...] for their higher education and advanced degrees. The definition of entrepreneurship is &#8216;insane perseverance in the face of complete resistance.&#8217; Therefore, I fundamentally believe that true entrepreneurs will find a way regardless of [...]</description>
		<content:encoded><![CDATA[<p>[...] for their higher education and advanced degrees. The definition of entrepreneurship is &#8216;insane perseverance in the face of complete resistance.&#8217; Therefore, I fundamentally believe that true entrepreneurs will find a way regardless of [...]</p>
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		<title>By: P</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-149</link>
		<dc:creator>P</dc:creator>
		<pubDate>Mon, 06 Jul 2009 12:41:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-149</guid>
		<description>You hardly know me, but in your own way you have inspired and driven me. You&#039;ve always been ready to help out and very approachable. As a uni student (though I incorporated mine at 21 - i started unofficially at 20) it is always nice to have someone to look up to.

Thanks for all those emails. And hope to meet you soon when I start pitching in the bay area in the next few months.

PS: Posted using an alternate email, so don&#039;t try to guess ;)</description>
		<content:encoded><![CDATA[<p>You hardly know me, but in your own way you have inspired and driven me. You&#8217;ve always been ready to help out and very approachable. As a uni student (though I incorporated mine at 21 &#8211; i started unofficially at 20) it is always nice to have someone to look up to.</p>
<p>Thanks for all those emails. And hope to meet you soon when I start pitching in the bay area in the next few months.</p>
<p>PS: Posted using an alternate email, so don&#8217;t try to guess <img src='http://www.k9ventures.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
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		<title>By: Anand C</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-147</link>
		<dc:creator>Anand C</dc:creator>
		<pubDate>Thu, 02 Jul 2009 18:39:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-147</guid>
		<description>Manu, as we discussed briefly this is probably one of the most critical aspects of &quot;building&quot; a business. I couldn&#039;t agree more with Prof. Thorne and your paraphrasing his maxim with your own experiences. Thanks for posting this.

When we started Aeroprise in 2001, conventional wisdom was that enterprise wireless was overcrowded and overfunded and as the insiders called it - &quot;game over.&quot; There were too many well-funded companies present for a new entrant to make any impact. I had a spreadsheet that even with limited research tracked about 68 potential competitors. 

Of course, 4 yrs later (when we were still bootstrapped but with 60+ paying enterprise customers) only 9 of these companies in the list of 68 were left (interesting all those companies have grown between 2006 and today). So much for overcrowded and overfunded. Ultimately the best offerings that customers cannot do without survive, but not before entrepreneurs decide to (insanely) persist in the face of harsh resistance (sometimes even conventional wisdom).</description>
		<content:encoded><![CDATA[<p>Manu, as we discussed briefly this is probably one of the most critical aspects of &#8220;building&#8221; a business. I couldn&#8217;t agree more with Prof. Thorne and your paraphrasing his maxim with your own experiences. Thanks for posting this.</p>
<p>When we started Aeroprise in 2001, conventional wisdom was that enterprise wireless was overcrowded and overfunded and as the insiders called it &#8211; &#8220;game over.&#8221; There were too many well-funded companies present for a new entrant to make any impact. I had a spreadsheet that even with limited research tracked about 68 potential competitors. </p>
<p>Of course, 4 yrs later (when we were still bootstrapped but with 60+ paying enterprise customers) only 9 of these companies in the list of 68 were left (interesting all those companies have grown between 2006 and today). So much for overcrowded and overfunded. Ultimately the best offerings that customers cannot do without survive, but not before entrepreneurs decide to (insanely) persist in the face of harsh resistance (sometimes even conventional wisdom).</p>
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		<title>By: Sheba</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-145</link>
		<dc:creator>Sheba</dc:creator>
		<pubDate>Wed, 01 Jul 2009 01:05:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-145</guid>
		<description>Nice post, Manu.  So interesting to hear about the story behind your turning an entrepreneur.  Jack Thorne must be proud of you.</description>
		<content:encoded><![CDATA[<p>Nice post, Manu.  So interesting to hear about the story behind your turning an entrepreneur.  Jack Thorne must be proud of you.</p>
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		<title>By: Rajeev Kutty</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-144</link>
		<dc:creator>Rajeev Kutty</dc:creator>
		<pubDate>Mon, 29 Jun 2009 14:51:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-144</guid>
		<description>This brought back fond memories of my time at Tepper and the Entrepreneurship department headed by Art Boni &amp; Frank Demmler in particular. They helped me and my classmate from Tepper launch our first venture. Since we used the CMU campus extensively to get the business off the ground, your description of Wean hall resonated very well.</description>
		<content:encoded><![CDATA[<p>This brought back fond memories of my time at Tepper and the Entrepreneurship department headed by Art Boni &amp; Frank Demmler in particular. They helped me and my classmate from Tepper launch our first venture. Since we used the CMU campus extensively to get the business off the ground, your description of Wean hall resonated very well.</p>
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		<title>By: Jonathan Berger</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-143</link>
		<dc:creator>Jonathan Berger</dc:creator>
		<pubDate>Sun, 28 Jun 2009 16:44:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-143</guid>
		<description>Manu - thanks for the postscript and additional details - fascinating.

Also, I didn&#039;t mean to take away from the note about Jack Thorne. I hadn&#039;t heard of him, but the mention makes me reflect on some of my own professors and the impact they&#039;ve had.</description>
		<content:encoded><![CDATA[<p>Manu &#8211; thanks for the postscript and additional details &#8211; fascinating.</p>
<p>Also, I didn&#8217;t mean to take away from the note about Jack Thorne. I hadn&#8217;t heard of him, but the mention makes me reflect on some of my own professors and the impact they&#8217;ve had.</p>
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		<title>By: Ajay Panagariya</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-140</link>
		<dc:creator>Ajay Panagariya</dc:creator>
		<pubDate>Fri, 26 Jun 2009 22:46:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-140</guid>
		<description>Great story, reminds me of similar experiences at CMU. I can&#039;t speak for other universities, but CMU really does a good job in helping determined students get access to resources.</description>
		<content:encoded><![CDATA[<p>Great story, reminds me of similar experiences at CMU. I can&#8217;t speak for other universities, but CMU really does a good job in helping determined students get access to resources.</p>
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		<title>By: manu</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-139</link>
		<dc:creator>manu</dc:creator>
		<pubDate>Fri, 26 Jun 2009 22:17:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-139</guid>
		<description>@Jonathan: Good question. I&#039;ll describe some of it here briefly.

The site &quot;launch&quot; with just a posting to Usenet groups. The hook was to tell people that they can get their own chat room on their own website, and they could even customize it by putting their own logo on it. So the service was mostly white-labeled. I started by hosting 5 chat rooms on my own website, but then allowed people to open up their own rooms. They could do that either by just typing in a name in the UI, or they could embed the new room into their own website using an HTML embed code (it wasn&#039;t called an embed code back then).

The initial growth was all organic. In hindsight, I would say that it was mostly getting lucky and being very early -- so there weren&#039;t a whole lot of competitors out there. And for the ones that were out there, I was competing on two things: quality (features and reliability) and simplicity. Once I realized that it would be cool to actually have more rooms and more users, I started to think about it a little more strategically. I entered my &quot;applet&quot; in various Java Applet contests. It landed up winning some awards and so now I could add badges on the site, and also got links back from the contest websites. I also created little animated GIF buttons that people could add to their web page to say that their site was powered by SneakerChat. 

Then I realized that by having a white-labeled product, I was limiting my viral growth. So I added a banner ad at the bottom of the chat client. Every page which was using the free chat room, would now be displaying a 468x60 ad banner, which would have an ad saying &quot;Get your own chat room&quot; or something like that. When some of the users complained about the ad, I started offering a paid version. But, I was running low on server resources and didn&#039;t have the money to buy any hardware. So I started offering a paid version of the software, that people could install on their own server. I didn&#039;t really understand the value of &quot;traffic&quot; back then (I probably still don&#039;t!). I was, and still am, a techie/software guy. I didn&#039;t think I could make any money doing ads or by having a lot of people. But I knew I could make money by selling software. What the experience with SneakerChat taught me is that I could actually make money by providing software as a service -- back then it was called &quot;on demand,&quot; then it was called &quot;application service provider,&quot; today we call is SaaS.

Your question made me go look up if any of the old site was still on the &lt;a href=&quot;http://www.archive.org&quot; rel=&quot;nofollow&quot;&gt;Wab Back Machine&lt;/a&gt;. Here is the archived version of the &lt;a href=&quot;http://web.archive.org/web/19980522143226/http://sneakerchat.com/&quot; rel=&quot;nofollow&quot;&gt;SneakerChat.com&lt;/a&gt; site. You&#039;re welcome to poke around and see for yourself what it looked like. Of course the server isn&#039;t running any more so that chat itself won&#039;t work. Also, bear in mind this was in 1998, it was just me, myself and I -- all three of us.  I was doing everything, the code, the site, the graphics, the marketing, the customer service -- everything from soup to nuts.

To close the loop on this story, I sold the &quot;traffic&quot; and the user base from SneakerChat for about $100,000. I got about 60% of that up front as cash and that&#039;s what became the bootstrap capital for the company. I retained the software, since that&#039;s what I wanted to build -- a software company.</description>
		<content:encoded><![CDATA[<p>@Jonathan: Good question. I&#8217;ll describe some of it here briefly.</p>
<p>The site &#8220;launch&#8221; with just a posting to Usenet groups. The hook was to tell people that they can get their own chat room on their own website, and they could even customize it by putting their own logo on it. So the service was mostly white-labeled. I started by hosting 5 chat rooms on my own website, but then allowed people to open up their own rooms. They could do that either by just typing in a name in the UI, or they could embed the new room into their own website using an HTML embed code (it wasn&#8217;t called an embed code back then).</p>
<p>The initial growth was all organic. In hindsight, I would say that it was mostly getting lucky and being very early &#8212; so there weren&#8217;t a whole lot of competitors out there. And for the ones that were out there, I was competing on two things: quality (features and reliability) and simplicity. Once I realized that it would be cool to actually have more rooms and more users, I started to think about it a little more strategically. I entered my &#8220;applet&#8221; in various Java Applet contests. It landed up winning some awards and so now I could add badges on the site, and also got links back from the contest websites. I also created little animated GIF buttons that people could add to their web page to say that their site was powered by SneakerChat. </p>
<p>Then I realized that by having a white-labeled product, I was limiting my viral growth. So I added a banner ad at the bottom of the chat client. Every page which was using the free chat room, would now be displaying a 468&#215;60 ad banner, which would have an ad saying &#8220;Get your own chat room&#8221; or something like that. When some of the users complained about the ad, I started offering a paid version. But, I was running low on server resources and didn&#8217;t have the money to buy any hardware. So I started offering a paid version of the software, that people could install on their own server. I didn&#8217;t really understand the value of &#8220;traffic&#8221; back then (I probably still don&#8217;t!). I was, and still am, a techie/software guy. I didn&#8217;t think I could make any money doing ads or by having a lot of people. But I knew I could make money by selling software. What the experience with SneakerChat taught me is that I could actually make money by providing software as a service &#8212; back then it was called &#8220;on demand,&#8221; then it was called &#8220;application service provider,&#8221; today we call is SaaS.</p>
<p>Your question made me go look up if any of the old site was still on the <a href="http://www.archive.org" rel="nofollow">Wab Back Machine</a>. Here is the archived version of the <a href="http://web.archive.org/web/19980522143226/http://sneakerchat.com/" rel="nofollow">SneakerChat.com</a> site. You&#8217;re welcome to poke around and see for yourself what it looked like. Of course the server isn&#8217;t running any more so that chat itself won&#8217;t work. Also, bear in mind this was in 1998, it was just me, myself and I &#8212; all three of us.  I was doing everything, the code, the site, the graphics, the marketing, the customer service &#8212; everything from soup to nuts.</p>
<p>To close the loop on this story, I sold the &#8220;traffic&#8221; and the user base from SneakerChat for about $100,000. I got about 60% of that up front as cash and that&#8217;s what became the bootstrap capital for the company. I retained the software, since that&#8217;s what I wanted to build &#8212; a software company.</p>
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		<title>By: Jonathan Berger</title>
		<link>http://www.k9ventures.com/2009/06/insane-perseverance-in-the-face-of-complete-resistance/comment-page-1/#comment-138</link>
		<dc:creator>Jonathan Berger</dc:creator>
		<pubDate>Fri, 26 Jun 2009 20:45:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.k9ventures.com/?p=414#comment-138</guid>
		<description>Great story. You leave out what maybe other entrepreneurs are wondering. :) How did SneakerChat get from 0 to 20,000 users?</description>
		<content:encoded><![CDATA[<p>Great story. You leave out what maybe other entrepreneurs are wondering. <img src='http://www.k9ventures.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  How did SneakerChat get from 0 to 20,000 users?</p>
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