7Figures2Commas

13 ms·

91.
by 7Figures2Commas 11y ago
It should be noted that many developers with CS degrees write spaghetti code and make poor architectural decisions.
92.
by 7Figures2Commas 11y ago
Like it or not, this is part of the game that's played in Silicon Valley. It's a high-stakes game to be sure and a lot of companies (perhaps most) are not going to make it. But I suspect many wouldn't have made it if they tri
93.
by 7Figures2Commas 11y ago
> Mr. Gurley said the root of many of Silicon Valley’s problems is a resistance to taking companies public. By staying private for longer periods, startups have eluded the scrutiny of public-market investors that is needed to help compan
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by 7Figures2Commas 11y ago
The even bigger question is what their margins will look like if they're forced to reclassify all or most of their contract workers as employees. Both DoorDash[1] and Instacart[2] are facing class action lawsuits over this. [1] http:&
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Theranos CEO Elizabeth Holmes Goes on Stage at WSJDLive 2015 – Live Blog(blogs.wsj.com)
2 points by 7Figures2Commas 11y ago|0 comments
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Unofficial uBeam FAQ(eevblog.com)
80 points by 7Figures2Commas 11y ago|7 comments
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by 7Figures2Commas 11y ago
Next big trend? This has been happening for years.
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Tesla shares dive after Consumer Reports yanks recommendation for Model S(latimes.com)
223 points by 7Figures2Commas 11y ago|239 comments
99.
by 7Figures2Commas 11y ago
> In a sign of wariness among pre-IPO investors, an analysis of funding rounds by law firm Fenwick & West LLP in March found that 30% of private companies valued at $1 billion or more promised a specified IPO price. In some cases, th
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by 7Figures2Commas 11y ago
> To find positions where work-life balance consistently comes up as a plus, Glassdoor looked at its company reviews. Users who review a company can also rate several workplace attributes of their job, including work-life balance, on a s
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by 7Figures2Commas 11y ago
This level of paranoia is kind of amusing. If you take the time to review a resume thoroughly and ask thoughtful technical questions about a candidate's past work in the phone screen, the phone screen is almost always going to be a pai
102.
by 7Figures2Commas 11y ago
How in the world did somebody with decades of mainframe experience wind up in an interview for a SaaS tech lead? On the surface, it sounds like there was a fairly obvious misalignment between the candidate's experience and the experien
103.
by 7Figures2Commas 11y ago
1. Walk through in real detail the candidate's past work. This requires preparation on your part, as you will need to review the candidate's past work, any code samples, etc. If you do your homework and manage the conversation wel
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by 7Figures2Commas 11y ago
A good resume from an experienced candidate will describe the work the candidate actually performed. A resume that is ambiguous as to the candidate's contributions is usually worth tossing. In the case of a phone screen, I honestly f
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by 7Figures2Commas 11y ago
Asking a developer with a decade-plus of demonstrable experience to whiteboard is like asking an F1 mechanic to draw an engine and label the parts.
106.
by 7Figures2Commas 11y ago
> Unfortunately, I've interviewed people with 20 years of experience who were only marginally more skilled than someone with two or three years. The "1 year of experience ten times" effect is unfortunately a real one. If y
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by 7Figures2Commas 11y ago
Am I the only one who finds it crazy that at age 50+, ostensibly after working in the industry for at least a couple of decades, a candidate would be subjected to inane technical interviews and useless whiteboarding exercises? I understand
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by 7Figures2Commas 11y ago
Square has prominent co-founders and raised over half a billion dollars from prominent investors. One way to look at Square is as a company that essentially bought its way into the payments space. The question is whether its premium valuati
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by 7Figures2Commas 11y ago
If you can write a scraper which performs against any real world data, chances are you're not in the business of selling yourself by the hour. The type of scraping projects you see on the freelancing sites typically require minimal s
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by 7Figures2Commas 11y ago
Look at the investors in today's later rounds and the structures of the late-stage investments. This has nothing to do with consumer demand. There was consumer demand for subprime mortgages too. What we're talking about is where t
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by 7Figures2Commas 11y ago
It's kind of amusing that so many in Silicon Valley rail against Wall Street and "financial engineering" when the biggest "winners" of this tech boom are products of Wall Street and "financial engineering.&quot
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by 7Figures2Commas 11y ago
Humble suggestion: when propositioning complete strangers, "we have interest from VCs" is more likely to be a turn-off than a turn-on for experienced folks. What it usually means: we don't have money, and investors haven&#x27
113.
by 7Figures2Commas 11y ago
> Instead you'll be compelled to seek growth in other ways. For example, by doing things that don't scale, or by redesigning the product in the way only founders can. And for many if not most startups, these paths to growth wil
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by 7Figures2Commas 11y ago
> Companies like FireEye are in the red but have multiplied in market cap since going public. FireEye debuted at $20. It hit a peak of ~$85 shortly after the IPO. Its closing price today is $28.76. As of September, 40% of the companies t
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by 7Figures2Commas 11y ago
> Never said real due diligence, just most of the due diligence that is actually done Which in a lot of cases is zip, zilch, nada by professional standards. A few lunch conversations and "social proof" don't constitute due
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by 7Figures2Commas 11y ago
> Soon after launch, we thought we were “doing great” — we’d raised $1M in VC funding pre-launch, we had a team of 5, we had ~$12k/month in revenue (with a 100% take-rate), and we had tens of thousands of users. In the context of th
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by 7Figures2Commas 11y ago
Yes, and the Chinese have logical reasons for accepting lower returns because they're exposed to risk in China that domestic PE firms aren't exposed to. This said, it should be noted that when the music stops, these firms aren&#x2
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by 7Figures2Commas 11y ago
But that's the point: everyone believes somebody else is doing due diligence, even when it's not actually happening. This is a huge problem today because of the "party round." Just look at Zirtual[1] and Amicus[2][3]. [1
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by 7Figures2Commas 11y ago
> The syndicate leads take the carry and do most of the due diligence... What leads you to believe the syndicate leads are doing real due diligence?
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by 7Figures2Commas 11y ago
I'm not sure you could easily find one LP willing to put up $400 million for a fund that, according to the article, will potentially make more than 1,000 investments. AngelList, because of its platform, obviously has a way to deploy

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