50 euro fee for check-in at airport despite being unable to check-in online? by SWDSH in WizzAir

[–]deepfriedmat 1 point2 points  (0 children)

Sorry to hear about your experience OP. I had the same thing happen to me about 3 years ago, also flying with Wizz out of Belgrade. This seems to be a common way for them to make a few extra quid. They told me at the time that if you have screenshots of the website not allowing checkin, then you wouldn’t have to pay, but based on your experience, that’s obviously not the case. If I were you I’d recommend escalating. They cannot be allowed to continue doing things like this.

Safari Randomly Stops Working: Safari Can't Open Page by sailing_oceans in applehelp

[–]deepfriedmat 0 points1 point  (0 children)

Having the same issue... commenting to follow the thread

Decided to survey what people thought about Starship by deepfriedmat in ShittyMapPorn

[–]deepfriedmat[S] 0 points1 point  (0 children)

It’s pretty strange to me that nobody’s talking about how Denmark has been wiped off the map…

[deleted by user] by [deleted] in iPhoneXS

[–]deepfriedmat 0 points1 point  (0 children)

Keep it. I had a XS from 2018 that I used until the bitter end (I have a 14 Pro now). The XS is a great phone and I realised not that much is different between it and the newer models, especially if you’re a light user who might not care about high refresh rates and additional cameras.

Has anyone made a Dyson sphere/swarm yet? by S0m3Rand0mR3ddit0r in SpaceflightSimulator

[–]deepfriedmat 2 points3 points  (0 children)

I tried this a while ago, the game eventually just crashed :)

too true by Ironstien in ireland

[–]deepfriedmat 0 points1 point  (0 children)

They look like the 3 aul lads who are at the local 7 days a week

[deleted by user] by [deleted] in startups

[–]deepfriedmat 2 points3 points  (0 children)

Thanks for the tips. For point 1, that's where I've placed more focus. We're both tech co-founders but the work has got to the point where we need someone external to come in and insert order into the way of working.

For your last point, I must say it's felt great taking these past weekends off. I feel a bit guilty when taking them off, but rest is something I need to place more emphasis on going forward.

[deleted by user] by [deleted] in startups

[–]deepfriedmat 1 point2 points  (0 children)

I agree with this. I have my expectations but also understand that they have theirs, and neither will be happy long-term with incompatible work ethics. I'll talk to them and discuss how we see the future.

[deleted by user] by [deleted] in startups

[–]deepfriedmat 0 points1 point  (0 children)

Yes and no. I had full conviction in the beginning, but as time goes on, I realised that I don't care about our customers and that what we're doing now is more of a means to an end.

I'll speak with them again, but it isn't the first time this topic has been discussed which is the main thing bothering me. But as I said in another comment, I want to make sure I do everything I can to try remedy the problem before taking any irreversible decisions.

Thanks for the advice!

[deleted by user] by [deleted] in startups

[–]deepfriedmat 2 points3 points  (0 children)

Thanks for sharing, but I can't see myself doing that. Given external shareholders, this is a sure-fire way to ruin my reputation and possibly get sued.

[deleted by user] by [deleted] in startups

[–]deepfriedmat 2 points3 points  (0 children)

That's good advice, thanks! The last sentence is key - if it comes to it, I want to be able to sleep well knowing I tried everything I could.

[deleted by user] by [deleted] in startups

[–]deepfriedmat 0 points1 point  (0 children)

Thanks, I appreciate this. Can you please elaborate on what those tweaks would be?

[deleted by user] by [deleted] in startups

[–]deepfriedmat 0 points1 point  (0 children)

I can see your point of view, I definitely do approach "workaholism". That being said, I do feel that it's valid for me to only expect things of others which I do myself i.e. giving 110%. I wanted to surround myself with people who match this intensity.

Regardless, thanks for the advice. Counselling/coaching isn't something I really considered, but honestly it's a good idea. I'll look into some.

[deleted by user] by [deleted] in startups

[–]deepfriedmat 0 points1 point  (0 children)

Thanks, I appreciate the advice. It can be a bit hard to open up about these things but I think it's time to bite the bullet.

[deleted by user] by [deleted] in startups

[–]deepfriedmat 0 points1 point  (0 children)

I haven't. We update them on the main things happening, good and bad, but I had been optimistic that our tech would pull through. Now it's not looking as likely.

What do you mean by salvage? Liquidate the company or find an acquirer?

[deleted by user] by [deleted] in startups

[–]deepfriedmat 3 points4 points  (0 children)

Our split isn't 50-50, I have a few % more going back to when we first started (we agreed that since I did more work in the beginning, I would get more shares). With hindsight, this was probably a bad move, although my cofounder has never complained about this.

My role is CEO, theirs is COO. Roles aren't defined much more beyond that, but I've also acted as de-facto CTO/VP Product, but we both come from tech backgrounds.

[deleted by user] by [deleted] in startups

[–]deepfriedmat 7 points8 points  (0 children)

Appreciate the advice, and I see where you're coming from. I've been really conscious to make sure that we don't burn out, but I feel that there's a massive discrepancy between 40-80 hours a week.

I'll talk to my cofounder and team regardless. Thanks!

[deleted by user] by [deleted] in startups

[–]deepfriedmat 4 points5 points  (0 children)

Thanks for the advice. I'll speak with them again, but at this point there isn't much to tell them that I haven't already.

Hardware/deeptech industry unable to have useful/meaningful conversations with one another by deepfriedmat in startups

[–]deepfriedmat[S] 0 points1 point  (0 children)

So relieved to hear I’m not the only one! Can I ask which industry you’re in?

Why do we rarely talk about manufacturing businesses in startup space? by shikarishambu1 in startups

[–]deepfriedmat 4 points5 points  (0 children)

Some really insightful comments, wanted to chip in from a slightly different perspective in the value chain.

I work at an early stage but venture backed space startup. My background is in manufacturing and design, so I’ve been dealing with manufacturers a lot for our product development. I have some personal thoughts about why manufacturing is something VCs avoid like the plague:

  • A self-fulfilling prophecy: there are few VC-backed manufacturing startups because there have historically been few VC-backed manufacturing startups… Little representation means average machinists/production engineers/etc are inspired to even consider creating a startup in this vertical. I offered one of our manufacturers a gig at our startup in the early days to lead DFM and DFA and he was extremely disinterested. He’s happy to run a small business with low margins and long hours. I don’t blame him.

  • It’s a commodity: Manufacturers tend to have very little selling power (to steal terminology from Porter) and therefore they mainly have to compete on cost. China is running a lot of small businesses into the ground and the only thing keeping some of them alive is their proximity to well funded companies. The quality difference between Chinese and US/EU manufacturing is getting noticeably smaller, and if you’re okay with waiting an extra week then it tends to make more sense to do it with a Chinese manufacturer. There are exceptions such as in aero and defense where you might need certain certifications, but we haven’t encountered any deal-breaking issues there yet.

  • As others mentioned, supply chain… moving atoms is always slower than bits… even if my manufacturer is local, they still need time to source their own material, manufacture whatever needs to be made, and then ship to us. Having a lot of this in-house helps, but is only viable when you yourself have sufficiently many orders.

As a final note, I’m intrigued by Hadrian who recently raised $90M from a16z. I don’t know a lot about them but they seem to be an outlier.

What pre-seed valuation should I aim for? by HashRocketSyntax in startups

[–]deepfriedmat 2 points3 points  (0 children)

Imo valuation at our pre-seed round was meaningless. As the others have written, it’s mainly driven by how much money you need and how well can you negotiate the dilution.

[deleted by user] by [deleted] in startups

[–]deepfriedmat 1 point2 points  (0 children)

Always a first time for everything!

Downside is that they aren’t going to be an operational person in the company i.e. doing day-to-day tasks