pmrd's comments

pmrd | 9 years ago | on: This AI Boom Will Also Bust

Also - must remember that AI is a programmer on the sidelines letting data do the logic. It required a fairly different frame of mind than traditional programming

pmrd | 10 years ago

If you have strong PM skills, you'll do well in larger companies. I have sent you an email (from your profile) to a contact in the UK who might be able to help. Good luck!

pmrd | 10 years ago | on: Ask HN: Where can I buy real software companies?

Revenue is largely a function of marketing effectiveness/marketing spend coupled with a minimum product/market fit. If someone has a legit internet software product bringing in $500k a year, they'd have to be pretty silly to sell it for $1.5M - unless they're really desperate for cash or hit a scale/product/market/ops ceiling they cant crack.

Capital is free flowing at the moment and a legit revenue-generating, valuable, scalable business shouldn't have to cash out this early or this low.

pmrd | 10 years ago | on: Ask HN: Where can I buy real software companies?

A $500k business would mean you'll end paying on average between $3-5 million for it. May I ask your rationale behind chasing these deals?

Why not split the $3-5 million into risk-based chunks and invest in startups instead? You only need 1 of them to hit 50x.

pmrd | 10 years ago

Interesting, do you guys ship to Germany? Looks great! Good luck :)
page 1