The 211 number was given as what Airbnb has found to be what it takes to break even on the cost of a unit. Prop F, and others like it, are not trying to destroy Airbnb but stop people from purchasing housing and using…
That is how representative democracy works. You decide how things work in the area where you live. Imagine if I got to decide how things worked in your neighborhood without living there, that wouldn't be fair. People…
"Sharing economy" is just the marketing term for it. If I share a bench with you, I'm not charging you for the privilege. I agree that it is the word we use, but it doesn't accurately communicate what we're talking…
> nothing stops an unethical founder from raising 800k at a 8M cap, and turning right around and letting the company get acqui-hired for 4M a month later, pocketing $3.6M and leaving the investors with half their money.…
Thank you for this, it is spot on. It's like saying Amazon can't have a sale because then it would have to lower the price of every item it sells.
Precisely. In Silicon Valley it would be like a company that is raising record amounts of money at mind-boggling valuations but whose revenue isn't growing at the same pace. One of the major question marks has been wage…
> Seeing a team build a prototype shows another level of commitment. I've built hardware, so i know how much more time/effort/money it takes over a software wireframe... A wireframe is not the same as a hardware…
Could you run the other ones as well? If you're positioning yourself as a faster alternative to ABP, it makes sense to compare yourself against other popular alternatives.
That's really been the most enlightening part of the series for me. Reinforces that the hardest part in engineering is rarely the technical problem. Distributed databases are really f*ing hard, but infinitely harder if…
We struggle with that last one all the time. Our sales team can't add issues with tags or assign them without write access to the repo. So they just have to dump them in issues and then engineers have to categorize them.
Ideas may be cheap, but that doesn't mean that good ones are not valuable. Execution against a bad idea is my largest frustration with SV. Consider Color[1]. Raised $41m for a genuinely terribly idea. Social networking…
go
> In other words, Square today is more of a financial services company than a consumer product company They are becoming a B2B software company, building back-office tools. Square Capital is a financial service, but a…
I agree on what it actually is, mine was a comment on how it is used. I've seen P/E used many times in SV referring to valuation/revenue.
You are technically correct. Silicon Valley uses P/E when calculating valuation/revenue, because startups are rarely profitable. They aren't equivalent in the same way that user growth and revenue growth are not…
From startups and public markets to open source projects and online communities, communication and collaboration are always the most difficult and rewarding piece of any human endeavor. Never let the technical problems…
They may be important, but the argument against them isn't just not understanding their market. If they were a strongly profitable, or even high revenue-generating, company then the announcement wouldn't be about…
Before Uber, I never took taxis. Now I use Uber 7-10 times per week. That's just one anecdote, but my business wouldn't be counted as Uber taking part of the taxi market.
The problem is that RubySpec isn't used to TDD cross-implementation features. It isn't a "specification" so much as a reflection of what MRI does. The Rubinius team's complaints (though hyperbolic) still stand.…
Note that Kara Swisher (executive editor of Re/Code) was married to Megan Smith [1]. Megan is now CTO of the United States, but previously was at Google for over a decade and a VP at Google X. It's not unreasonable that…
According to the press release, they describe themselves as "San Francisco’s leading office catering service." Unless they plan on dramatically expanding their product offerings, "Improve[ing] the Health of Humanity"…
Unfortunately enticement is literally the purpose of the check. You're required to exchange value in order for them to agree to not sue the company. When I had to do my first firing I was surprised that this was the…
Note that the article only spoke with the COO of Zenefits and no one from ADP. As has been detailed numerous times, ADP absolutely has a right to cut off access based on violations of its ToS. They want to be put in the…
Your title is highly misleading. > Out of the $585 billion remittance market, an estimated 10%-20% is used solely for bill payments. If there are $585 billion in remittances made, your market is not $1 trillion. It also…
That was the parent's question. If they froze prices with these subsidies, would it continue?
The 211 number was given as what Airbnb has found to be what it takes to break even on the cost of a unit. Prop F, and others like it, are not trying to destroy Airbnb but stop people from purchasing housing and using…
That is how representative democracy works. You decide how things work in the area where you live. Imagine if I got to decide how things worked in your neighborhood without living there, that wouldn't be fair. People…
"Sharing economy" is just the marketing term for it. If I share a bench with you, I'm not charging you for the privilege. I agree that it is the word we use, but it doesn't accurately communicate what we're talking…
> nothing stops an unethical founder from raising 800k at a 8M cap, and turning right around and letting the company get acqui-hired for 4M a month later, pocketing $3.6M and leaving the investors with half their money.…
Thank you for this, it is spot on. It's like saying Amazon can't have a sale because then it would have to lower the price of every item it sells.
Precisely. In Silicon Valley it would be like a company that is raising record amounts of money at mind-boggling valuations but whose revenue isn't growing at the same pace. One of the major question marks has been wage…
> Seeing a team build a prototype shows another level of commitment. I've built hardware, so i know how much more time/effort/money it takes over a software wireframe... A wireframe is not the same as a hardware…
Could you run the other ones as well? If you're positioning yourself as a faster alternative to ABP, it makes sense to compare yourself against other popular alternatives.
That's really been the most enlightening part of the series for me. Reinforces that the hardest part in engineering is rarely the technical problem. Distributed databases are really f*ing hard, but infinitely harder if…
We struggle with that last one all the time. Our sales team can't add issues with tags or assign them without write access to the repo. So they just have to dump them in issues and then engineers have to categorize them.
Ideas may be cheap, but that doesn't mean that good ones are not valuable. Execution against a bad idea is my largest frustration with SV. Consider Color[1]. Raised $41m for a genuinely terribly idea. Social networking…
go
> In other words, Square today is more of a financial services company than a consumer product company They are becoming a B2B software company, building back-office tools. Square Capital is a financial service, but a…
I agree on what it actually is, mine was a comment on how it is used. I've seen P/E used many times in SV referring to valuation/revenue.
You are technically correct. Silicon Valley uses P/E when calculating valuation/revenue, because startups are rarely profitable. They aren't equivalent in the same way that user growth and revenue growth are not…
From startups and public markets to open source projects and online communities, communication and collaboration are always the most difficult and rewarding piece of any human endeavor. Never let the technical problems…
They may be important, but the argument against them isn't just not understanding their market. If they were a strongly profitable, or even high revenue-generating, company then the announcement wouldn't be about…
Before Uber, I never took taxis. Now I use Uber 7-10 times per week. That's just one anecdote, but my business wouldn't be counted as Uber taking part of the taxi market.
The problem is that RubySpec isn't used to TDD cross-implementation features. It isn't a "specification" so much as a reflection of what MRI does. The Rubinius team's complaints (though hyperbolic) still stand.…
Note that Kara Swisher (executive editor of Re/Code) was married to Megan Smith [1]. Megan is now CTO of the United States, but previously was at Google for over a decade and a VP at Google X. It's not unreasonable that…
According to the press release, they describe themselves as "San Francisco’s leading office catering service." Unless they plan on dramatically expanding their product offerings, "Improve[ing] the Health of Humanity"…
Unfortunately enticement is literally the purpose of the check. You're required to exchange value in order for them to agree to not sue the company. When I had to do my first firing I was surprised that this was the…
Note that the article only spoke with the COO of Zenefits and no one from ADP. As has been detailed numerous times, ADP absolutely has a right to cut off access based on violations of its ToS. They want to be put in the…
Your title is highly misleading. > Out of the $585 billion remittance market, an estimated 10%-20% is used solely for bill payments. If there are $585 billion in remittances made, your market is not $1 trillion. It also…
That was the parent's question. If they froze prices with these subsidies, would it continue?