What is your non-arbitrary take on that number then?
1. Gold had value 4000 years ago because it was rare enough that people could use it as a currency, not because it was a useful metal. Incidentally, it's not useful at all compared to steel, copper, aluminum, etc. hence…
What is the "jogging" of today? Gluten free diets? I could see it become mainstream once science has studied it more extensively, but today if you don't have coeliac disease and decide to go gluten-free, you're labeled…
The headlines look informative and neutral in tone, no click-baiting and BuzzFeed-like over-sensationalization. Correctly filtered and tailored to my tastes, I could use it to read the news!
I am completely out of the loop and hove no idea what the project is about, but apparently every one on the KS page is basically saying that they couldn't care less about this feature. I'm curious now at what really…
So bullshit jobs are a tax paid by big corporations? Why are they willing to pay this tax? If most of their workforce is improductive, why not get rid of it altogether? Why do these jobs exist?
YC operates like a startup would: they have a bold hypothesis, something that must be challenged ("most science is a slog"). There is very little chance that they could be right, but in case they are, and they execute…
I don't really think it's 10/20/30/40, one year cliff means they get 25% after a year but then the schedule is monthly. See it as a salary: you get some every month, it stops when you get fired.
It's one of those situations where I would be very happy to be wrong :)
As cool as it is, the reality is that geography changes: cities evolve, roads are built, closed, etc. Maintaining an up-to-date database of those views can only be done to serve another, very lucrative purpose, the one…
Is it template-based like Clerky (with the same Delaware C-Corp limitation), or is there more to it (advice on which document to use based on the situation, clauses that change depending on context, etc.)?
Does it support self-hosting of the server part? If I could deploy it to one of my Digital Ocean servers easily, I could see it become my default (and last) password manager. I'm too small a fish for a hacker to…
The checks look simple/unambiguous enough for a bot to do the work. Maybe a dual machine/human approach is the right one: a bot scans /new every 15 min for those factors, and updates a list of suspicious links/accounts,…
you're right, but HN is so focused that there is only one /new page, so the competition is brutal.
There are 25 links on /new, the oldest being 27 min ago. So your post has 27 minutes to gather the attention of enough people (7-8 upvotes is OK) to actually surface to the frontpage. This is not a lot fo time,…
Hey Zac, I think you are spot on (except maybe the bullish part). Credit card processing was likely just a foot in the door, but allowed them to build relationships with a ton of (very) small businesses. As a technology…
If you haven't seen it already (was posted yesterday I think), check out Standard Treasury's Series A deck: http://slideshare.net/linhir/standard-treasury-series-a-pitc... They explain why they decided to start their…
Why wait to find out, when there is money on the table right now? Also, sometimes they have to take a lot of money, as later-stage investors want to control a sizable chunk of the company (in this case, 12.5%).
tablecloth math time: $2bn worth, assuming they're worth 10 times their revenue (let's be generous), that would require $200m in sales. they have 10m users, assuming 1% are paying, that means 100k users for $200m sales,…
Google naturally comes to mind. Facebook / Parse, also. Amazon Web Services. Actually any company in this space (that is worth more than $20bn). Why do you say an IPO is unlikely? I don't see why the public markets…
Good thing he's saying it out loud, but for those who think actions speak louder than words, it was clear enough when he decided to buy Oculus VR for $2bn. It makes sense after all: 75% of Facebook's money comes from a…
Well many companies are profitable (actually, it's the only prerequisite to stay alive). And arguably, Github isn't profitable enough to fuel its own growth, or they wouldn't need to take $250m from investors in…
Apparently it's Daily Users, so I'd be really surprised if the standalone app turned out to be a success. Messenger and Instagram get away with that because people open them several times a day. I don't use Events…
It must be so hard to be one of the friends or family of someone who was in MH370. Every now and then you get a new hope that you could get closure, but until now it's just been speculations... Let's hope this one is…
The 25% less on seed valuation is actually a good news for solo founders. The seed round is just a bet on the team, so if a team of 2, 3 or 4 people are worth "only" 25% more than one guy/girl, then this one guy/girl is…
What is your non-arbitrary take on that number then?
1. Gold had value 4000 years ago because it was rare enough that people could use it as a currency, not because it was a useful metal. Incidentally, it's not useful at all compared to steel, copper, aluminum, etc. hence…
What is the "jogging" of today? Gluten free diets? I could see it become mainstream once science has studied it more extensively, but today if you don't have coeliac disease and decide to go gluten-free, you're labeled…
The headlines look informative and neutral in tone, no click-baiting and BuzzFeed-like over-sensationalization. Correctly filtered and tailored to my tastes, I could use it to read the news!
I am completely out of the loop and hove no idea what the project is about, but apparently every one on the KS page is basically saying that they couldn't care less about this feature. I'm curious now at what really…
So bullshit jobs are a tax paid by big corporations? Why are they willing to pay this tax? If most of their workforce is improductive, why not get rid of it altogether? Why do these jobs exist?
YC operates like a startup would: they have a bold hypothesis, something that must be challenged ("most science is a slog"). There is very little chance that they could be right, but in case they are, and they execute…
I don't really think it's 10/20/30/40, one year cliff means they get 25% after a year but then the schedule is monthly. See it as a salary: you get some every month, it stops when you get fired.
It's one of those situations where I would be very happy to be wrong :)
As cool as it is, the reality is that geography changes: cities evolve, roads are built, closed, etc. Maintaining an up-to-date database of those views can only be done to serve another, very lucrative purpose, the one…
Is it template-based like Clerky (with the same Delaware C-Corp limitation), or is there more to it (advice on which document to use based on the situation, clauses that change depending on context, etc.)?
Does it support self-hosting of the server part? If I could deploy it to one of my Digital Ocean servers easily, I could see it become my default (and last) password manager. I'm too small a fish for a hacker to…
The checks look simple/unambiguous enough for a bot to do the work. Maybe a dual machine/human approach is the right one: a bot scans /new every 15 min for those factors, and updates a list of suspicious links/accounts,…
you're right, but HN is so focused that there is only one /new page, so the competition is brutal.
There are 25 links on /new, the oldest being 27 min ago. So your post has 27 minutes to gather the attention of enough people (7-8 upvotes is OK) to actually surface to the frontpage. This is not a lot fo time,…
Hey Zac, I think you are spot on (except maybe the bullish part). Credit card processing was likely just a foot in the door, but allowed them to build relationships with a ton of (very) small businesses. As a technology…
If you haven't seen it already (was posted yesterday I think), check out Standard Treasury's Series A deck: http://slideshare.net/linhir/standard-treasury-series-a-pitc... They explain why they decided to start their…
Why wait to find out, when there is money on the table right now? Also, sometimes they have to take a lot of money, as later-stage investors want to control a sizable chunk of the company (in this case, 12.5%).
tablecloth math time: $2bn worth, assuming they're worth 10 times their revenue (let's be generous), that would require $200m in sales. they have 10m users, assuming 1% are paying, that means 100k users for $200m sales,…
Google naturally comes to mind. Facebook / Parse, also. Amazon Web Services. Actually any company in this space (that is worth more than $20bn). Why do you say an IPO is unlikely? I don't see why the public markets…
Good thing he's saying it out loud, but for those who think actions speak louder than words, it was clear enough when he decided to buy Oculus VR for $2bn. It makes sense after all: 75% of Facebook's money comes from a…
Well many companies are profitable (actually, it's the only prerequisite to stay alive). And arguably, Github isn't profitable enough to fuel its own growth, or they wouldn't need to take $250m from investors in…
Apparently it's Daily Users, so I'd be really surprised if the standalone app turned out to be a success. Messenger and Instagram get away with that because people open them several times a day. I don't use Events…
It must be so hard to be one of the friends or family of someone who was in MH370. Every now and then you get a new hope that you could get closure, but until now it's just been speculations... Let's hope this one is…
The 25% less on seed valuation is actually a good news for solo founders. The seed round is just a bet on the team, so if a team of 2, 3 or 4 people are worth "only" 25% more than one guy/girl, then this one guy/girl is…