Kevin Davis, founder of Geekatoo, discusses early startup mistakes and explains why rapid deployment of a minimal viable product outweighs technology architecture decisions.
0:00 / 0:22exact quote · 23.0s
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“I wasted so much time, like, debating on whether to choose Rails or, you know, Java or, like, all this stuff. It does not matter. I mean, you can do a startup on an email list or write it in Cobalt for, like, you know, anybody cares. Just get it out. Try to get something. Obviously, it's not just, you know, a complete piece of crap, but Something where you can get customers early starting to iterate.”
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More from Kevin Davis
AssertionSupported
Davis: Food trucks cost $75,000 to start versus $250,000-$500,000 for restaurants
“Take a brick and mortar restaurant and you, if you get into that, it's, you know, maybe 250,000 or 500,000 and a multi-year lease just to really start a business. But with a food truck, you can do it on a fraction of the cost where, you know, maybe 75,000 gets…”
Kevin DavisJun 4, 2018▶ 3:061045 Tech CEO: I Sold for $20m! Guess what he's doing now...
“So the nice thing about food trucks is you get kind of this experiment where you go around and you see where your customers are. You get to iterate, find success, and then take that to you know, brick and mortar.”
Kevin DavisJun 4, 2018▶ 4:091045 Tech CEO: I Sold for $20m! Guess what he's doing now...
Insight
Davis: Office landlords host food trucks for free to boost tenant retention
“What happens is you have like A 20 story building and the property owner, if they get like, you know, a little tiny bit, they don't really care. What they want is the quality of life that comes from like, hey, all these companies should stay in our building ve…”
Kevin DavisJun 4, 2018▶ 9:221045 Tech CEO: I Sold for $20m! Guess what he's doing now...
AssertionContradicted
Davis: There are no major nationwide mobile food vendor chains
“There really are no nationwide or worldwide kind of the mobile vendors. Cousins Made Lobster might be the closest one where you have a food truck, you know, a franchise of 16 across the country”
Kevin DavisJun 4, 2018▶ 16:131045 Tech CEO: I Sold for $20m! Guess what he's doing now...
Disclosure
Davis: Geekatoo Raised Entire $2.7M Capital on Convertible Notes
“Just convertible notes.”
Kevin DavisAug 24, 2016▶ 11:04EP 396: Why He Raised $3m Then Merged With #1 Competitor
AssertionNot checkable as stated
HelloTech only covered half of LA before acquiring nationwide competitor Geekatoo
“They were only in a kind of like half of LA where we had this nationwide network.”
Kevin DavisAug 24, 2016▶ 16:27EP 396: Why He Raised $3m Then Merged With #1 Competitor
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