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Why does dang do what he does? He's so close to ycombinator, inside of it in fact, but I assume he isn't getting mega rich like everyone else associated with t
by oh_sigh 4y ago
Why does dang do what he does?
He's so close to ycombinator, inside of it in fact, but I assume he isn't getting mega rich like everyone else associated with the outfit. Am I wrong?
- Tialco 4y agoFalse. Dang has an incredible pulse on the conversation & zeitgeist of Hacker News. He has a keen sense of what the community's current group-think on various investment opportunities are, places a trade on the exact opposite outcome and has made hundreds of millions of dollars so far. In all seriousness though, I'll bet he could quit HN and then spin up a consulting service helping companies get to the top of HN (what you should post, when to post, etc.) and make a tidy 7 figure income that way.
- rytill 4y agoWhy would you assume that?
- WalterSear 4y agoThey got paid in karma points instead.
- _skel 4y agoWhat makes you think everyone is mega rich there? VC firms have a lot of employees making normal salaries just like every other company.
- muzani 4y agoI was 30+ when I learned that bank tellers don't make a lot of money despite handling lots of money every day.
- ThorsBane 4y agoIt may be for the enjoyment of it. If you have a great team or great community, you protect what you have as much as you can with what you can.
- dang 4y agoI know that experience and wish everyone could have it at least once. The ongoing thread remembering Bob Lee is filled with that quality: https://news.ycombinator.com/item?id=35457341 https://news.ycombinator.com/item?id=35457341.
- ThrowawayTestr 4y agoHe gets paid doesn't he?
- raldi 4y agoAs long as YC cares about HN, I cannot imagine them allowing anyone to outbid them for his services.
- dang 4y agoYC has been, and is, good to me. In fact YC changed my life and I will always have endless gratitude for that. As far as moderating HN goes, from one point of view it's a perverse undertaking and the short answer is that the job matches my neuroses. From another point of view, it has been a growth opportunity—the options are either to let it drive you insane or grow. From a third point of view, I sometimes think that trying to assemble a large group on the internet into a curious organism is a worthwhile thing to try. It also has some advantages which would be hard to give up. I don't think I could go back to a job where I didn't have creative control. I could imagine doing a startup again.
- sirspacey 4y agoWhat’s interesting to you?