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…
With LLMs we're all becoming managers. Good news is we'll get more done. Bad news is that we'll have to get way better at persisting mid-state process status (I sometimes ask my LLM "could you summarize what we were…
I have been coding on and off (more off than on) for 47 years. I kinda stopped paying attention when we got past jquery and was never a fan of prototypical inheritance. Never built anything with tailwind, Next.js, etc.…
If you live with your parent in a double wide in a trailer park and need to work at the local Target every night since high school to make enough money to help pay for groceries for the family, you might have a harder…
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,…
I think the parent poster was suggesting that a human driven uber was here now - not an autonomous one (hence the "chat buddy"/driver)
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…
Adding value. Lets say there is something in your life that you care about and costs you $100 a month. If I find a way to provide you with the same value for $20 a month and manage to do it at a cost of $10 a month, if…
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…
Maybe I've been lucky, but I've always found these principles to just be an effective way to enjoy life, build a great team and maximize business value. Every day, I get to check in on my team and figure out how I can…
Especially for remote first teams, standups are as much a social connection as an accountability, information sharing and blocker highlighting opportunity. I'm a huge fan of synchronous standups and really like zoom to…
Don't see whats fraudulent about building something people want, use and presumably get value from.
Beat me to it :)
You don't! You pay (roughly) per flight hour (specifically per hobbs hour which is subtly different, but close enough). SYou can't just rent for a month and return with two flight hours on the clock (there are minimums)…
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…
With LLMs we're all becoming managers. Good news is we'll get more done. Bad news is that we'll have to get way better at persisting mid-state process status (I sometimes ask my LLM "could you summarize what we were…
I have been coding on and off (more off than on) for 47 years. I kinda stopped paying attention when we got past jquery and was never a fan of prototypical inheritance. Never built anything with tailwind, Next.js, etc.…
If you live with your parent in a double wide in a trailer park and need to work at the local Target every night since high school to make enough money to help pay for groceries for the family, you might have a harder…
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,…
I think the parent poster was suggesting that a human driven uber was here now - not an autonomous one (hence the "chat buddy"/driver)
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…
Adding value. Lets say there is something in your life that you care about and costs you $100 a month. If I find a way to provide you with the same value for $20 a month and manage to do it at a cost of $10 a month, if…
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…
Maybe I've been lucky, but I've always found these principles to just be an effective way to enjoy life, build a great team and maximize business value. Every day, I get to check in on my team and figure out how I can…
Especially for remote first teams, standups are as much a social connection as an accountability, information sharing and blocker highlighting opportunity. I'm a huge fan of synchronous standups and really like zoom to…
Don't see whats fraudulent about building something people want, use and presumably get value from.
Beat me to it :)
You don't! You pay (roughly) per flight hour (specifically per hobbs hour which is subtly different, but close enough). SYou can't just rent for a month and return with two flight hours on the clock (there are minimums)…
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…