Liron

13 ms·

91.
by Liron 5y ago
People who got in early have $billions of BTC that they’d love to liquidate at current market prices if they could cajole enough USD buyers to cash them out without crashing the price. The ideal manipulation is to keep the price somewhere i
92.
by Liron 5y ago
No… Your claims are typical of how people talk during peak bubbles. It's very similar to how people talked about buying any tech IPO stock in 1999, even when the companies had hopeless business models. The way I expect they'll get
93.
by Liron 5y ago
Imagine all your friends were really into MLM schemes and even quitting their job to join Amway and Herbalife. Sure you can just ignore it, but you can understand it’s tempting to ask them what the hell.
94.
It’s not still the early days of blockchain(blog.mollywhite.net)
554 points by Liron 5y ago|1054 comments
95.
Angel Investing Strategies(medium.com)
1 points by Liron 5y ago|0 comments
96.
by Liron 5y ago
I thought this was going to say "because you're offering below-market comp"
97.
Relationship Hero (YC S17) Is Hiring Customer Support – Full Time Remote(relationshiphero.com)
1 points by Liron 5y ago
98.
by Liron 5y ago
I'm confident that the Ron Conway / Yuri Milner "Start Fund" idea worked out great financially, although I think one difference is that it was optional while this new deal is mandatory, so there might have been a signifi
99.
by Liron 5y ago
Every company that applies to YC can expect to want $500k+ of capital at some point. It's extremely rare for them not to. The "no, I'd like just one" reaction doesn't make sense for a company that's aiming for
100.
by Liron 5y ago
Wow people are struggling to realize that this deal is over twice as good of a deal as before (and the corollary that YC was previously lowballing). It's not a big mystery what the SAFE valuation cap is going to be. Post-YC valuations
101.
by Liron 5y ago
I'm just talking factually about the capital market. Plenty of funds would accept a deal of automatically funding all YC-accepted companies at a $5M valuation. I would take it myself as an angel investor. And now YC is taking it instea
102.
by Liron 5y ago
No, it's not. Show me a team of smart founders pre-product who are telling a coherent value prop story [0] and I'll show you a check for $125k at a $5M cap. [0] https://medium.com/bloated-mvp/how-to-sanity-che
103.
by Liron 5y ago
Did you read that they're giving $375k on an uncapped note? That's $500k for (7% + ?) of the company. When you realize that ? is only 1-2%, you realize YC thinks the company is currently worth $5M+. This is what's really goin
104.
by Liron 5y ago
This is great. YC used to value companies below-market at $1.8M, and now it's effectively valuing them fairly at $5M+. I now feel good about recommending YC to founders. The argument that YC deserved to take 7% for $125k because it imp
105.
by Liron 5y ago
Early computers augmented or replaced humans whose job title was “computer”
106.
Debating with Balaji Srinivasan about Blockchain Use Cases(medium.com)
2 points by Liron 5y ago|0 comments
107.
by Liron 5y ago
The poll looks like a tiny version of the HN home page. It’s just missing comment threads on the choices.
108.
by Liron 5y ago
Good question, but I have a good answer: you need to understand the amount of consumer surplus of each product. If a wallet cost $50k, you wouldn’t buy it, you’d shove your credit cards in your pants pocket or find a workaround. But if a mo
109.
by Liron 5y ago
My beef with posts like this is that they think it’s sufficient to make an abstract claim without offering specific supporting examples of the differentiation they’re claiming exists. I wrote a post trying to unpack the abstract claim using
110.
by Liron 5y ago
Yes but even an amoral organization could be expected to anticipate damage to their reputation when they're seen to be propping up a sufficiently transparent pyramid scheme, and decide not to cross that line. I'm still not sure th
111.
by Liron 5y ago
Here's patio11's thread: https://twitter.com/patio11/status/1459682519360491523 I was shocked to see A16z recently investing $150M in Axie Infinity and doubling down on their justification of play-to-ear
112.
by Liron 5y ago
People aren’t thinking clearly about this because of how cheap all monitors are. Here’s how I think about it: For a software engineer, all monitors are worth $100k+. This particular monitor is worth $110k+. So yes, spend an extra few $k to
113.
Relationship Hero (YC S17) Is Hiring Coaches – Full Time Remote(relationshiphero.com)
1 points by Liron 5y ago
114.
Open/shared data is an unstable equilibrium, regardless of blockchain technology(medium.com)
1 points by Liron 5y ago|0 comments
115.
by Liron 5y ago
web3 = people, information, value = a man, a plan, a canal = panama
116.
by Liron 5y ago
I think there's a middle option between (1) building your application up from a low-level stream-of-events data model and (2) having your application full of logic to snap from one high-level state to another without a good data-layer
117.
by Liron 5y ago
Ok but what if the event log was a decentralized database with money built in, would that help?
118.
by Liron 5y ago
I got one and it’s so effortlessly fast, I can just open it and do stuff in one smooth motion
119.
Web3 Is Vision-LARPing(medium.com)
4 points by Liron 5y ago|0 comments
120.
by Liron 5y ago
Yes

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