- btrautsc parentI thoroughly enjoyed this read
- 4 points
- I got really into this idea a few years ago.
It still gets floated from time to time (I recently saw high speed rail maps making the rounds).
IF/ when ATL > Chattanooga > Nashville are connected by a leg, it will absolutely change the region.
I have "heard" - completely so-and-so said - that much of the needed infrastructure exists. The key is repurposing existing rail lines and getting right of way.
I think there was a study commissioned that laid out the whole plan for a (3-5 stop) between downtown ATL and Nashville with a stop in Chattanooga.
- 2 points
- Every founding team / management team should be doing this or something like this. Even early on. Pre-CFO. Angel stage, seed stage. Whatever.
When the "easy" money stops - which at some point it will - and raising "the next round" gets hard, cash flow is going to matter.
The concept that burn rate ticks down toward or "months until death" march to the next fundraise will not be an effective plan in that environment.
- I have been inaccurately predicting this for a few years (with a variety of big box stores/ many location stores).
I think what I was most wrong about is AMZN thinks a lot about the geographic overlap of their customers and where they will shop. That is why the Whole Foods purchase was so brilliant. Both the overlap of wallets shopping in at both AMZN (prime) and WF.
I wonder how well Sear's store footprint fits with the AMZN customer base.
- My experience is the following:
IF you are starting a company with others, decide week 1 what the split of equity is and who (of any persons included) are cofounders or part of the "founding team".
IF you are starting a company with other cofounders, week 1 split the equity evenly and assign functional roles (not necessarily titles - those can evolve).
I have seen multiple companies explode, friendships deteriorate, businesses die a slow death, or waste hundreds of hours (and dollars) working through the emotional debt built up from not splitting equity evenly.
- Edit - changed day 1 to week 1 because typically there is a process of "should we start a company", "should we do it together", then "how" that takes some time. But once the "we are going to do this phase starts, you're in week 1