Thursday, July 24, 2008

The Launch Rush.

Yep.

We launched Kontagent, our viral analytics tool.

Have gotten some great feedback from the developer community at F8 today. While this might sound a bit cocky, I can honestly say that we had fully expected given the feedback we had gathered from a number of discussions during our earlier private trials and discussions with some of the top thought leaders in the space.

The F8 conference was very well organized. Rumored to have cost 1 Million to host the 1000 attendees.

After 22 hours straight run with what ended up being about 2 hours of sleep the night before, and a few snags on the news release, "public day" #1 is done.

I don't think there's anything more exciting than the "day before the launch" rush -- where months of work accumulate to one jammed packed day of unexpected events and feedback loops.

With this being the 5th startup now, the rush of the launch is still as addcitive as ever.

Whats been an amazing experience with building this bi-coastal this time is that some of the things that have happened would have never happened if I had done this exclusively out of Toronto as I had with most of my previous startups.

By having a presence in the mist of the action in "the valley" (technically, its San Francisco) is the flow of information and networks. Even prior to our public launch, while still in stealth mode, we've had an astonishing number of parties that came to the table with serious acquisition interest.

Thankfully, I was not in a position to have to sell early, as is often is the case with startups that are undercapitalized due to limited access to early stage financing. That's not to say that I don't beleive in "sell early and sell often" (truth is that "it depends") -- as was the advice that I had given to my friend Greg of YoVille (congrats Greg on the sale to Zynga! -- go London Ontario!) -- just that when one is well capitalized or in an enviorment where there is more access to capital, the option to grow further vs. selling too early are often much less stressful choices.

3 comments:

  1. Congrats on the launch Albert. I wrote a very similar post the other week about how I get that feeling everytime we launch or now even re-launch a new Facebook application.

    Cheers

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  2. Hey Albert. Congrats on the launch. Interesting comment on the dynamic having a Toronto + valley connection.

    We too went this route (TO + SF) and are experiencing some of the direct benefits. These definitely are some interesting times.

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