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Ask HN: I made a programming language for contracts; I’m out of options; help?

10 pointsby tastefulwordsabout 4 years ago
&quot;Ok, Ok, Done&quot; — Making contracts simple, for both humans and machines.<p><pre><code> - Deck: http:&#x2F;&#x2F;okokdone.com&#x2F;deck&#x2F; - Demo: http:&#x2F;&#x2F;okokdone.com&#x2F;demo&#x2F; - FAQ: http:&#x2F;&#x2F;okokdone.com&#x2F;faq&#x2F; </code></pre> Specifically, the tech is a custom markup language that allows not just for definitions but also allows for embedding logic.<p>I need 500k to run with this for a year: 4&#x2F;6m to design &amp; build; 6m+ to launch &amp; grow.<p>I’ve pitched this to 6 VCs in the US; 2 were a waste of time, and 4 went well; of those, I think 2 were very close to signing a check. I’m nearly certain that, if my US network were larger and I’d have gotten more intros, I would’ve succeeded in raising.<p>I’ve pitched this to 14 VCs in the EU; most went well, and I think 3 of them were close to signing a check. I think the problem, in the EU, is this: (1) many VCs want to put ~100k into a good founder&#x2F;idea, for ~10%; (2) many VCs want to put ~1.5m into a product with some traction; (3) I find myself in the chasm in-between.<p>I have 20 years of engineering experience and 10 years of product experience; I also have a previous (small) exit as a solo-founder.<p>I’m a solo-founder on this too. I had a co-founder, for a bit; we met after I built-out the idea, and he quit as we failed to raise money in the US. In the short time we worked together, I realized that we weren’t a good match and that very bad things might have happened in the future; so, though he had a perfect profile for this (lawyer; smart; techy), I didn’t try to change his mind. I won’t again risk making such a commitment to someone I’m not close to personally or professionally.<p>I’m happy to answer any questions, in public or in private — my email is in the deck.<p>P.S. 1&#x2F; I immensely appreciate any attempt to help. But, please, don’t dish out generic advice; I know all of the generic advice.<p>P.S. 2&#x2F; If you can’t think of a way to help but you maybe need someone with my skillset, lmk; I&#x27;ll probably need a job soon: https:&#x2F;&#x2F;www.linkedin.com&#x2F;in&#x2F;coarna

2 comments

offtop5about 4 years ago
Why can&#x27;t I use it. This seems like it could be a really fun tool, for anything serious I have to forward it to a real lawyer anyway but I could imagine you get more traction if you publish a basic version of it.<p>Can you afford to hire a lawyer to assist you with this, I think your big problem here is that you desperately need a co-founder with a legal background to even pitch this thing.
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FaisalAbidabout 4 years ago
What is the breakdown of where the 4&#x2F;6m will go to build this?
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