It's complicated. Firstly, don't love that this happens. But the fact you're not willing to provide tolerance to a commercial tool that costs maybe a few hundred bucks a month but are willing to do so for a human who…
If you're venture based and were expecting another round sometime soon. With higher interest rates there were more compelling alternatives for LPs than to invest in Venture, causing a trickle down chilling of the fund…
To :+1: this, even if it's a book - there is a central thesis - a headline and a sentence that tells you whether you want to read more. "Your pet could save your life" - The six surprising reasons that people with pets…
Thanks for making my day :)
He's right, but having failed a number of times, after you've put all your savings into the business, fired all your team, notified and disappointed all of your investors and customers, helped your team find new gigs,…
If it stays private, not only do your existing shares appreciate (which would also happen if it was public), but as an existing investor if you have pro rata rights, you can buy more shares (vs them being sold in a…
As mentioned by someone else, estimating how much of the company you have depends on seeing the complete cap table (redacted for names is fine) along with a copy of all of the major financing documents to validate…
The challenge with substantial take home tests is that they have the potential skew your applicant pool in a number of ways that are not ideal for your business. Firstly, as a general rule of thumb, the very best…
I saw it around the dot-com days along with a lot of other extremely dubious terms for extremely desperate founders - at least in NYC. Agreed that more than a 1x liquidation preference these days would generally be…
Don't see whats fraudulent about building something people want, use and presumably get value from.
Beat me to it :)
I think it's more important to count clarify, brevity and value than number of attendees. I have a fast growing team where 12 people reporting to three different departments have to work closely together to align…
Actually, there is a good reason to pay SF or NYC salaries to remotes - you get the remote people who're good enough that they can live anywhere and still command a premium salary. I moved to Boulder, Co because I knew…
But Brooklyn hardly avoids the additional costs of NYC. That said, if you find a 4 bedroom on 1/4 acre of land somewhere near a subway for under $300k, let me know and I'll move back :)
I would expect that with a fairly even distribution such as ages, the median and mean would be similar. Medians are primarily useful for data sets with large outliers and I doubt there are many 400 year old YC alumni :)
They used to! Ask anyone who was involved in startups around 200-2002 about the full-ratchet anti-dilution provisions many investors demanded and received. Not fun for anyone else in a down round . . .
I think it's a big change. The idea of Scotland leaving the UK was a non-starter when the UK was in the EU. The Spanish and other countries with separatist regions would never have allowed it. Now that the UK is leaving…
It's complicated. Firstly, don't love that this happens. But the fact you're not willing to provide tolerance to a commercial tool that costs maybe a few hundred bucks a month but are willing to do so for a human who…
If you're venture based and were expecting another round sometime soon. With higher interest rates there were more compelling alternatives for LPs than to invest in Venture, causing a trickle down chilling of the fund…
To :+1: this, even if it's a book - there is a central thesis - a headline and a sentence that tells you whether you want to read more. "Your pet could save your life" - The six surprising reasons that people with pets…
Thanks for making my day :)
He's right, but having failed a number of times, after you've put all your savings into the business, fired all your team, notified and disappointed all of your investors and customers, helped your team find new gigs,…
If it stays private, not only do your existing shares appreciate (which would also happen if it was public), but as an existing investor if you have pro rata rights, you can buy more shares (vs them being sold in a…
As mentioned by someone else, estimating how much of the company you have depends on seeing the complete cap table (redacted for names is fine) along with a copy of all of the major financing documents to validate…
The challenge with substantial take home tests is that they have the potential skew your applicant pool in a number of ways that are not ideal for your business. Firstly, as a general rule of thumb, the very best…
I saw it around the dot-com days along with a lot of other extremely dubious terms for extremely desperate founders - at least in NYC. Agreed that more than a 1x liquidation preference these days would generally be…
Don't see whats fraudulent about building something people want, use and presumably get value from.
Beat me to it :)
I think it's more important to count clarify, brevity and value than number of attendees. I have a fast growing team where 12 people reporting to three different departments have to work closely together to align…
Actually, there is a good reason to pay SF or NYC salaries to remotes - you get the remote people who're good enough that they can live anywhere and still command a premium salary. I moved to Boulder, Co because I knew…
But Brooklyn hardly avoids the additional costs of NYC. That said, if you find a 4 bedroom on 1/4 acre of land somewhere near a subway for under $300k, let me know and I'll move back :)
I would expect that with a fairly even distribution such as ages, the median and mean would be similar. Medians are primarily useful for data sets with large outliers and I doubt there are many 400 year old YC alumni :)
They used to! Ask anyone who was involved in startups around 200-2002 about the full-ratchet anti-dilution provisions many investors demanded and received. Not fun for anyone else in a down round . . .
I think it's a big change. The idea of Scotland leaving the UK was a non-starter when the UK was in the EU. The Spanish and other countries with separatist regions would never have allowed it. Now that the UK is leaving…