I think you miss the entire point of my comment. I am not suggesting that companies describe equity stakes in percentage or "you would make $x" terms (they can do neither), or that they provide anti-dilution protection…
Under premises liability law, a tenant is generally responsible for personal injuries to guests, invitees and others (who are legally on the premises) if the tenant had control of the premises or was responsible for…
AirBnB's guarantee doesn't affect this at all. Here's an example: You rent an apartment and have a standard lease that forbids subletting. You travel a lot on business and decide to rent out your apartment for…
AirBnB's fundamental flaw is that the potential costs (in the form of monetary losses) of renting out a home to a stranger far exceed the economic benefits that can ever be realized, particularly for hosts who are…
The author has a point, and it's quite possible his idea wasn't worth pursuing further. This said, a few points should be made: 1. A picture is worth a thousand words. It shouldn't be assumed that individuals you poll…
"If you’ve already identified that your goal is not to work for soulless companies, you need to start working for startups." This is a false choice. It assumes that most established companies have no "soul", but that…
1. You do not need a "CTO"; you need a solid web developer. They are not the same thing. 2. While I think many posters here have focused too much on the the job-posting-as-dating-profile approach, the reality is that…
Everybody should give the people behind Mt. Gox a break. These guys make real banks look good - no small feat!
What everyone should keep in mind here is that, at its core, OnSwipe is trying to be an ad network. See http://thenextweb.com/media/2011/06/21/an-inside-look-at-ons.... Also see…
Frankly, I think you're looking at this the wrong way. From your description, your wealthy friend: 1. Came up with an idea that he would like to pursue. 2. Has the money to finance the venture. 3. Is willing to…
* Everybody else on your team is an engineer or developer. Obviously, this doesn't mean you can't be successful (I know, I know - look at Google), but you should consider the possibility that you're probably missing…
By the way, I see from your past Ask HN submissions that in the past ~60 days, you've been thinking aboout "an opportunity in creating an ad network for a niche market" and looking for ways to accept payments for iPhone…
The HN set may not want to accept it, but in the real world, when somebody trying to build a business doesn't have any clue as to how to allocate their resources, it's a huge red flag. Period.
Simple answer: one weekend in Las Vegas. Honest rationale: if you accept a $10,000 grant for your "startup" but don't know how to spend it, you're clearly gambling your time away. You might as well gamble the money away.
Constructive criticism from someone who has experience as both a buyer and seller of software development services: 1. Many clients prefer fixed price engagements, but savvy clients know that "prototype in 2 weeks for…
You don't even need to steal the car. You could simply take the the most valuable parts. Some parts can be taken without the owner knowing. Example: air bags. If you rented your car out, you would never know that your…
I think you miss the entire point of my comment. I am not suggesting that companies describe equity stakes in percentage or "you would make $x" terms (they can do neither), or that they provide anti-dilution protection…
Under premises liability law, a tenant is generally responsible for personal injuries to guests, invitees and others (who are legally on the premises) if the tenant had control of the premises or was responsible for…
AirBnB's guarantee doesn't affect this at all. Here's an example: You rent an apartment and have a standard lease that forbids subletting. You travel a lot on business and decide to rent out your apartment for…
AirBnB's fundamental flaw is that the potential costs (in the form of monetary losses) of renting out a home to a stranger far exceed the economic benefits that can ever be realized, particularly for hosts who are…
The author has a point, and it's quite possible his idea wasn't worth pursuing further. This said, a few points should be made: 1. A picture is worth a thousand words. It shouldn't be assumed that individuals you poll…
"If you’ve already identified that your goal is not to work for soulless companies, you need to start working for startups." This is a false choice. It assumes that most established companies have no "soul", but that…
1. You do not need a "CTO"; you need a solid web developer. They are not the same thing. 2. While I think many posters here have focused too much on the the job-posting-as-dating-profile approach, the reality is that…
Everybody should give the people behind Mt. Gox a break. These guys make real banks look good - no small feat!
What everyone should keep in mind here is that, at its core, OnSwipe is trying to be an ad network. See http://thenextweb.com/media/2011/06/21/an-inside-look-at-ons.... Also see…
Frankly, I think you're looking at this the wrong way. From your description, your wealthy friend: 1. Came up with an idea that he would like to pursue. 2. Has the money to finance the venture. 3. Is willing to…
* Everybody else on your team is an engineer or developer. Obviously, this doesn't mean you can't be successful (I know, I know - look at Google), but you should consider the possibility that you're probably missing…
By the way, I see from your past Ask HN submissions that in the past ~60 days, you've been thinking aboout "an opportunity in creating an ad network for a niche market" and looking for ways to accept payments for iPhone…
The HN set may not want to accept it, but in the real world, when somebody trying to build a business doesn't have any clue as to how to allocate their resources, it's a huge red flag. Period.
Simple answer: one weekend in Las Vegas. Honest rationale: if you accept a $10,000 grant for your "startup" but don't know how to spend it, you're clearly gambling your time away. You might as well gamble the money away.
Constructive criticism from someone who has experience as both a buyer and seller of software development services: 1. Many clients prefer fixed price engagements, but savvy clients know that "prototype in 2 weeks for…
You don't even need to steal the car. You could simply take the the most valuable parts. Some parts can be taken without the owner knowing. Example: air bags. If you rented your car out, you would never know that your…