Startup Velocity

I had forgotten how fast you can move in a startup organization. Nix that. I had forgotten the feeling of how fast you do move in a startup. My new company, Collective Intellect has only been around for 4 weeks now. The idea is around providing a new set of indicators and analysis into the financial service industry. This idea has been brewing for some time but the accelerating force of leaving a paying job and working on it whole heartedly is incredible. It's like you've reached some terminal velocity and all of a sudden a magic wand is waved and drag drops to near zero.

In the space of these four weeks with a very small team we've made incredible progress.

• incorporated
• opened bank accounts
  
• spoken with numerous pundits in the financial industry
• validated the idea
• put together "the pitch"
  
• signed on industry expert advisors
• had several meetings with prospects
  
• spoken with about half a dozen venture capitalists
• spoken with about two dozen "angels"
• built out an entire subsystem for the product
• midway through a fairly intensive research effort
  
• mocked up the gui
• designed logos

Terminal Velocity? Who needs it? :)