You always hear about the people who come up with a great idea for the Internet — you know, a smartphone app that vibrates nonstop when your milk expires, or a website that lets you track how much you spend on expensive coffee, then deletes itself automatically so you don't feel so bad. Sell it to Yahoo, make a million: That's the way you do it.
Meet Lucas Rayala, 35, who made some waves a few months ago when he took a look at his popular, innovative, groundbreaking project and said: Hmm. This, or life? This, or happiness?
He wrote a piece for the popular tech site TechCrunch about yanking the plug on his start-up, and became something of a legend: the guy who walked away. But where to?
We caught up with him on an afternoon after he'd had a meeting about the Next Thing.
With guys like Lucas, there's always a next thing.
How did that start-up flameout happen?
"It was called Altsie, a way for small business to quickly set up a live theater experience. I was working with a variety of indie filmmakers and distribution companies — they fed me films, and I set up the ticketing online so people could show up at a bar or restaurant and watch the movie. A date night! A meal and a film. I blew all cylinders to keep it running; I was looking for investments, working my job full time."
It was going well, but add a new marriage to the mix, and …