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this. If I give you $8 and ask you to pay me $2 for expenses, or I give you $6 you don't much care. This would only apply to entrepreneurs who don't know that t
by chipmunc56 13y ago
this. If I give you $8 and ask you to pay me $2 for expenses, or I give you $6 you don't much care. This would only apply to entrepreneurs who don't know that term sheets are less attorney fees.
- mentat 13y agometa: in the interests of continuing intelligent discussion on HN, please just say what you mean instead of "this". It's an infection that's been spreading for at least a few months here.
- danilocampos 13y agoAs long as we're being meta... You responded with 32 words to a 37 word post so that you could quibble about a single word, or 3% of that post. While preaching on the righteous subject of "intelligent discussion," no less. So if we're going to complain about empty calories, I'm pretty sure you're winning that game.
- FuzzyDunlop 13y agoI think you win that, with 54 words nobody needed to read.
- danilocampos 13y agoBut I love empty calories. Look at my comment history.
- icebraining 13y ago"This" (noun): same as "I agree."
- danilocampos 13y agoThat's the problem cited, though. Hacker News, as a community, has developed a comical, pathological aversion to any sort of agreement. Every nit must be picked – otherwise the discussion fails to be "intelligent."
- jacquesm 13y agoindeed. https://news.ycombinator.com/item?id=5603986 https://news.ycombinator.com/item?id=5603986
- danilocampos 13y agoSaid Twain, "never argue with a fool, onlookers may not be able to tell the difference."
- deleted 13y ago[deleted]
- deleted 13y ago[deleted]
- SkyMarshal 13y ago"This" (noun): superfluous unoriginal internet meme language. Better way: just use your own words, be authentic. Pretend like you're Steve Jobs, and each word you write is your next product.
- vidarh 13y agoI love how you suggest that people should stop behaving the way they are in order to "use your own words, be authentic". How is altering their behaviour in order to satisfy someone on a forum being authentic and using their own words?
- SkyMarshal 13y ago1. On the authenticity scale, meme language is at the very bottom. Anything is an improvement. 2. I didn't tell them what to say, only what not to say. Putting words into their mouth might have been inauthentic, but that's not happening here. 3. Just because people are "behaving the way they are", doesn't make it authentic. In case you haven't realized, we live in a world filled with constant sophisticated attempts at mass behavior modification. We are all victims from time to time, and behooves us to at least be introspective and aware of when we are. (not that meme language is a part of that, it's more an accidental artifact of networked humanity, but point generally applies). 4. Using memes is a rhetorical crutch for lazy writing.
- dllthomas 13y agoI thought it was short for "This [is something I think people should pay attention to]."
- markokocic 13y agoSentence containing only word 'this' is automatic down vote when I see it on HN. Even +1 adds more value IMHO.
- deleted 13y ago[deleted]
- Retric 13y agoTechnicly this also lowers valuations. Which assuming the percentages stay the same is generally a good thing.
- harryh 13y agoThis is exactly right, but I prefer the $6 case because it makes it much more obvious what is going on. We should make the truth obvious whenever possible. Hopefully (as pg points out) the next thing to go is the weird way that employee option pools are handled.
- yebyen 13y agoThe truth is that lawyers are being paid, whether it comes out of your pocket or mine. It's very generous but as a person who has never received a term sheet at all, one way or another I see it as turning another part of the process more opaque. What if I never have to pay another lawyer?
- nwenzel 13y agoActually, that's not entirely true. If lawyers bill inappropriate charges, you don't have to pay those charges. Inappropriate charges include excessive hours, administrative tasks, overhead, or other charges you disallow based on your agreement (commonly called Billing Guidelines). Based on data I've worked with (insurance companies, financial services company, real estate firms) those inappropriate charges are anywhere from 5-15% of the total. Usually 5-10%. The advantage of having the VC pay the legal bills is that they are a bigger fish and can more easily put in place and enforce the legal billing guidelines. Also, as a much more likely repeat customer, the VC will likely get better bills to begin with.
- yebyen 13y agoInteresting... sounds like a problem that might apply too outside of the legal profession.