Bay area has a few things going for it 1) it's the number 1 destination for recent college graduates 2) in terms of tech there is an echo system 3) people who work hard also play hard and Bay area has proximity to Napa & Sonoma, Lake Tahoe & Reno, Carmel/ Pebble beach, after NYC 2nd highest concentration of high end restaurants in the country including some destination restaurants eg French Laundry IE it's a Mecca for foodies...
Right over the head on that one. Really, Enron wasn't a startup. Who knew? Thanks for educating me on that as well as the nearly infinite power of business plans, the need for "qualifications" for entrepreneurs, the fact that I personally can get as much VC money whenever I want (yay!), and that there is too much money sloshing around Silicon Valley. So much to learn, my friend who's never done this but is an expert because he lives in the Bay area and watched shark tank. I'm guessing I probably came off a bit like you back when I was in my 20's living in the same place during the dot com boom, so I guess I understand. Good luck to you. Just remember this conversation when you write your first business plan and a tiny corner of your brain is saying "that guy was right, this is almost pure conjecture that adds minimal value to anyone."!
I never shared this with trders before , tell me what u guys think, this is my idea for 2 years so far and i got the trade mark on the term the GALLON CARD, WWW.THEGALLONCARD.COM
profit is last on the list at least initially, what iam after is user base which is what startups today are valued based upon here is the profit membership fees (like costco) spread on gas prices gas prices dropping time value of money time decay of money
And "branding". Hmmmm.... This could be a perk offered by one (or more) of the international car rental companies. Hertz, Avis, etc. Not sure how ... just thinking out loud. Brainstorming.
Priceline did exactly this during the dot com days, and it's made a few incarnations since but none have made it. I think it's a great idea and I used the Priceline version all the time before they stopped it. But to save yourself reinventing the wheel I'd find the people who tried this before and buy them a coffee to pick their brains on why they failed before you sink a bunch of time and effort into it. Like webvan and pets.com the underlying idea may be sound and they just went a little too crazy with it in '99-2000.