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Finbarr
searching PlanetScale…
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91.
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by
Finbarr
2y ago
I didn’t comment on whether it was a good reason or not. My comment was just highlighting some of the complexities in what the blog author was hoping to achieve.
92.
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Finbarr
2y ago
Hiring, firing, layoffs, making the wrong decisions with limited information and not finding out they were wrong until years later, huge shifts in the tech market around you undermining your business, competitor actions wrecking your busine
93.
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by
Finbarr
2y ago
Yes, as I mentioned it only applies when you have 10 sellers.
94.
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Finbarr
2y ago
The bigger secret is that stock sold in secondary sales by founders and employees is usually common stock, and the purchasers will often get the right to convert this to preferred stock. This means that the company is instantly encumbered w
95.
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by
Finbarr
2y ago
Secondary at Series A is very rare. Part of the reason more early employees don't get included in secondary sales is because of the Securities Exchange Act of 1934 14e-2. If you have more than 10 sellers involved, the transaction can b
96.
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Finbarr
2y ago
> OpenAI says that multiple technical and policy experts, including Aleksander Madry (head of preparedness), Lilian Weng (head of safety systems), John Schulman (head of alignment science), Matt Knight (head of security), and Jakub Pacho
97.
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by
Finbarr
3y ago
Sure- the happy case with VC is that companies raise and spend the money to make more. The reality case is that many companies struggle to do that, and will burn a ton of money in the process, making the liquidation preference much more pai
98.
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Finbarr
3y ago
You can also get a carve-out of the deal proceeds.
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Finbarr
3y ago
1x non participating is still the standard in most venture deals for companies doing reasonably well. But every dollar spent by startups essentially builds the preference against them. If you raise and don't spend the money, the balanc
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Finbarr
3y ago
Of course. Because that's infinitely better than: $(el).toggle();
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Finbarr
3y ago
This is incredible and such a great ad for jQuery. It's almost as if the creator(s) built that site ironically. So many examples are way clearer and easier in jQuery, like this one: JQUERY: $(el).toggle(); IE8+: function tog
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Finbarr
3y ago
Hopefully Sam and Greg get restored to the board also.
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Finbarr
3y ago
Except MSFT does have access to the IP, and MSFT has access to an enormous trove of their own data across their office suite, Bing, etc. It could be a running start rather than a cold start. A fork of OpenAI inside an unapologetic for profi
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Finbarr
3y ago
Context windows can't contain all data... yet.
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Finbarr
3y ago
It took a little finagling but ChatGPT is actually a very good interface to Goodreads: https://chat.openai.com/share/b460a929-4e70-4bfd-bd12-e61e78...
106.
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Finbarr
4y ago
The YC Continuity team did amazing work helping me and many other later stage founders. I’m sad to read this news. YC is best known for their early stage investing. But Ali, Anu and the team created some excellent programs for later stage c
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Finbarr
4y ago
Reminds me of a wall clock in my high school physics class that would struggle to pass 5 o'clock and ticked backwards and forwards a few times on its rotation through each minute, despite keeping good time. Its struggle through each mi
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Finbarr
4y ago
Imagine reading a document like this with "United States of America v Your Name" at the top. It would be terrifying. These charges are serious and SBF is going to go down for a long time if convicted. There's also a forfeitur
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Creating Open World Text Based Adventure Games in ChatGPT
(medium.com)
1 points
by
Finbarr
4y ago
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0 comments
110.
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Finbarr
4y ago
Arguments like this one strike me as extremely condescending. Have you directly spoken to developing world farmers who have experienced these problems? Do you think people with these problems are just clamoring for the first world to come i
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Finbarr
4y ago
Yea you can pick a sector to sell into. But any sector you sell into is constantly evolving. You need to correctly predict the direction things are moving in, which is somewhat a timing and luck factor.
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Finbarr
4y ago
> A big part of PMF is timing and luck - factors that are for most parts,out of your control. This is why even other founders that have found PMF are of limited help. > What you can control is the market , your team, and the unique i
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Finbarr
5y ago
> The only difference between fiat and crypto is that fiat is often backed by people that can print more money/manage the supply This is really not the only difference. As Elon Musk recently said, the government has a "monopoly
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Finbarr
5y ago
There isn't the same pressure on founders to raise a seed round as they are likely to exit YC with significant capital and runway. Seed investors still have capital allocation targets and are likely to improve their offers to encourage
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Finbarr
5y ago
Very curious to see what kind of pricing pressure this puts on seed investors who traditionally invest after YC. The dynamics seem likely to swing even more in favor of founders.
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Finbarr
5y ago
All of these things used to annoy me as well. Then I downloaded the app and subscribed monthly to get rid of the ads. Now my reddit experience is awesome. Reddit isn't a public service. It's a private company trying to increase th
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Finbarr
6y ago
Shogun (YC W18) | TypeScript + React Engineer | Full-Time | Remote (US, Canada, UK) --- Shogun is building next generation storefronts for eCommerce stores. We're at the intersection of eCommerce, JAMstack, and low-code/no-code to
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Finbarr
6y ago
Very cool! Most ecommerce stores don't have enough data to do product recommendations with the existing tools. This is much needed.
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Finbarr
6y ago
Shogun (YC W18) | Technical Project Manager | Full-Time | Remote | $80k-$120k+ (location/exp dependent) Shogun is building next generation storefronts for eCommerce stores. We have one of the most popular apps on Shopify, and we'r
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Finbarr
6y ago
Shogun (YC W18) | Multiple Positions | Full-Time | Remote | $80k-$150k+ (location/exp/role dependent) Shogun is building next generation storefronts for eCommerce stores. We have one of the most popular apps on Shopify, and we
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