20yrs_no_equity

15 ms·

61.
by 20yrs_no_equity 10y ago
If these really are top grads, they should be able to do math. And if they do the math, they will find that the cost of living and tax situation is such that they will net less money living in California than they would in, say, Austin Tex
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by 20yrs_no_equity 10y ago
Shh! There is no innovation outside silicon valley! You have to be in California to create a unicorn! We have always been at war with eurasia!
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by 20yrs_no_equity 10y ago
This topic has been coming up on this site for the past decade. Every time it does there are a lot of people who say Silicon Valley will never be beaten. I call this way of thinking "California exceptionalism". Put another way:
64.
by 20yrs_no_equity 10y ago
I travelled around the world for 6 years and the number one impediment to staying in any country was the visa situation. If you are staying there longer than a tourist visa, and especially if you want any kind of employment (or are in a si
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by 20yrs_no_equity 10y ago
This is all about the ratio of travel days to productive or fun days I talk about a bit in my longer comment below. And sure, do the math- if you would be happier in a hotel anyway- and a lot of people would be- then it makes sense to get
66.
by 20yrs_no_equity 10y ago
I've spent 11 of the past 20 years "homeless" by choice following various practices from living on a boat, to living in a truck camper, to traveling the world living in AirBnBs, to occasionally renting apartments but never re
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by 20yrs_no_equity 10y ago
Fundamentals are hard to argue against, but predictions of timing are hard to get right. The fundamentals may indicate one thing, and predictions based on them are reasonable, until the fundamentals change. Timing of predictions is a very
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by 20yrs_no_equity 10y ago
Fortunately, someday sooner, iPhones will become effectively useless to thieves. As a victim of an iPhone theft - it was literally ripped out of my hand on a very public boulevard - I was grateful to be able to remotely wipe it within hours
69.
by 20yrs_no_equity 10y ago
No, don't fake it. The reality is, investors know you are starting out. It's not a problem to write checks. All you need is a business account. Yes, make the pay stubs but they can be made on a typewriter. Just don't fake
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by 20yrs_no_equity 10y ago
I've seen HR at a major abuser massage Glassdoor rankings by disputing/threatening them with legal action for negative reviews and shilling/creating fake accounts to put in positive reviews. I believe Glassdoors policy is th
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by 20yrs_no_equity 10y ago
This is good advice, but I think everyone is best suited to doing number 2 before number 1. Most people are not ready to be a founder right out of the gate, and that's where a lot of the douchebag founder horror stories come from. No
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by 20yrs_no_equity 10y ago
Never have I seen this laid out before like this, and so I thank you for that! I think it's a real tragedy that we can't just have a rational Visa system- you get an offer from a company, then you should be able to get a work vis
73.
by 20yrs_no_equity 10y ago
Violating someone's privacy by publishing them having sex is not protected by the first amendment. Maybe you think it should be. I personally think it is protected if the people being photographed consent to the publication, and a viol
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by 20yrs_no_equity 10y ago
Kubernetes seems very unwieldy and hard to wrap my head around. Swarm seems straightforward and easy to figure out how to configure. Let's give it a try and see if I can find a good tutorial for kubernetes to do what I want. (I haven&
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by 20yrs_no_equity 10y ago
Network partitions really do happen! They are often short, but if you can't recover from them, then you shouldn't call yourself a distributed system. I am shocked at how fragile etcd is in this way. I was hoping docker swarm was b
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by 20yrs_no_equity 10y ago
How to protect yourself in future jobs: - See if they have devops people or ops people. Pure ops is actually ideal. - Ask them about their process, both the design/development (eg: who makes issues, how is the product designed) and the
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by 20yrs_no_equity 10y ago
I could have set the bar at $150M with the same result. For a currency market cap, $1B is super tiny.
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by 20yrs_no_equity 10y ago
I don't think its preferable to find a cofounder in an area that complements you. I think that this can be great, but what's most preferable is the right co-founder relationship. If the right co-founder is also an engineer, then
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by 20yrs_no_equity 10y ago
There are absolutely political reasons for it. Both the dividing founders reason you mentioned, plus the fact that single founders are more likely to be technical while when two people found one of them is likely to be a business founder.
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by 20yrs_no_equity 10y ago
That's my point. You should invest your life in something where the value is higher. VCs would rather take a much lower chance at a higher payoff because they spread their risk around more, you cannot do so. My numbers are hypothetic
81.
by 20yrs_no_equity 10y ago
Personally, I think the buck has to stop somewhere, and it's more important to be united in a vision than to be right, or to be struggling for what's right. At the same time, it doesn't work when the person with whome the bu
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by 20yrs_no_equity 10y ago
Yeah, this is a puff piece written by someone who clearly doesn't understand how this technology works. Proof of Stake, AFAIK has never been tried in a cryptocurrency of any significant value (over $1B). Closest is ethereum which is s
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by 20yrs_no_equity 10y ago
No it's still a startup. It can be a very high growth startup, shooting to a $100M valuation. It's just not the wannabe unicorn that VCs want. There's a HUGE gap between what VC wants and a "lifestyle business" (I
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by 20yrs_no_equity 10y ago
Even if your cofounder has absolutely the best intentions, not everyone is cut out for it. It's very easy to be "Saying the right things" and not even aware they they aren't being honest. In fact, I'd argue that %5
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by 20yrs_no_equity 10y ago
You admit you have a main founder. Does this main founder have sorta ultimate authority? Or does he hold the singular original vision from which everyone else's vision/mission/purpose comes from? What's the equity split
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by 20yrs_no_equity 10y ago
> "I will bring on talented people in executive roles who can complement me and make up for my own weaknesses, but I won't cofound again. I'd rather keep the smart, business-oriented people I know in masterminds where we c
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by 20yrs_no_equity 10y ago
After decades as an employee and cofounder, and seeing many startups fail first hand (so smaller data set, but much richer information) I agree that the stigma against single founders is in error. The number one and two causes of startup fa
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by 20yrs_no_equity 10y ago
Except that Pegatron has many customers. Including the name Apple at all is pure clickbait.
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by 20yrs_no_equity 10y ago
This plus stack-ranking means 60 hour workweeks. I worked at Amazon for several years, their culture may pretend to support this, but, like almost everything you read about Amazon, it's PR fluff. Never going to happen. Simply only sh
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by 20yrs_no_equity 10y ago
They are cheating you, they want to keep you poor. The correct answers are: "We don't give you options, we give you RSUs and they start vesting after 90 days. Here's the cap table" Anything else is screwing you. Unless,

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