_sentient

11 ms·

31.
by _sentient 9y ago
Yes, that's exactly how markets work.
32.
by _sentient 9y ago
They are about 10x the next best (Techstars) based on valuation of the companies they've funded (~$80B vs ~$8B). Valuation isn't a perfect metric, but it's a reasonable proxy for performance.
33.
by _sentient 9y ago
I'm guessing this is less about trying to avoid setting too high a bar, and more about taking the term sheet that offered a lower upfront valuation but with much cleaner terms and less overall deal hair. Either way, this is super impre
34.
by _sentient 9y ago
The answer to this is fairly straightforward: VCs don't actually expect (or need) every investment to be successful, they just need it to have the potential to be huge if everything works out. Laypeople always seem shocked when a VC-fu
35.
by _sentient 9y ago
"These new batches have crazy traction compared to earlier cohorts" ... "These new batches are of noticeably lower quality" "YC isn't taking any risk" ... "Nuclear fusion / quantum computing &#x2
36.
The Hyperevolution of Hyperstimulus(joyousandswift.org)
2 points by _sentient 9y ago|1 comments
37.
by _sentient 9y ago
YC has explicitly stated they won't lead Seed or Series A rounds in order to avoid this conflict. They are intentionally leaving economics on the table in order to better support their founders. At the stage Continuity invests ($15-$50
38.
by _sentient 9y ago
Anu, this is amazingly useful, and probably the best thing I've read all month! Thanks for writing this.
39.
by _sentient 9y ago
I'm not really in the furniture rental demo, but I don't think it's exactly fair to compare the price points of high-quality furniture with what you'd pay for some particleboard abomination from IKEA. There is definitely
40.
by _sentient 9y ago
I think you're confusing the Startup School conference with YC's new Startup School MOOC. The MOOC is completely remote with no expectation that companies will move to SV.
41.
by _sentient 10y ago
While this is certainly a click-worthy title, I'm much more interested in seeing whether the relative number of startup failures is increasing, rather than looking at this in absolute terms. 2015 was a banner year for startup funding,
42.
by _sentient 10y ago
Especially given that those numbers are back-loaded, with somewhere around a third of all YC companies having been funded within the last two years.
43.
by _sentient 10y ago
> I learned that one of the greatest sources of problems in our society arises from people having loads of wrong theories in their heads—often theories that are critical of others—that they won’t test by speaking to the relevant people a
44.
by _sentient 10y ago
"Art of Living" (Epictetus) is another great introduction to stoicism. Highly recommended.
45.
Crony beliefs(meltingasphalt.com)
4 points by _sentient 10y ago|0 comments
46.
Lawn Love (YC S14) Is Looking for a Senior Software Engineer in San Diego
1 points by _sentient 10y ago
47.
by _sentient 10y ago
I don't think the MOOC gets away from this original ambition. YC is still interested in funding the maximum possible number of promising companies. This is, however, a clear logistical challenge when you have a partner/advice mode
48.
by _sentient 10y ago
I think there are two core drivers that are behind most of the negativity. The first is incompetence, and the second is something close to malice. For the incompetent commenter: 1) Blind criticism is cheaper than thoughtful feedback. 2) It
49.
by _sentient 10y ago
Most of this stuff is noise, but Startup School is a notable exception. I found the combination of great talks and interesting attendees made it a decent use of time. Oh, and it's free. :) As for networking, like most of these things y
50.
Lawn Love (YC S14) Is Hiring a Digital Marketing Manager in San Diego
1 points by _sentient 10y ago
51.
by _sentient 10y ago
This is from July 6th BTW. There has since been a fair amount of back-and-forth on this between Musk and Stephen from Fortune. This episode has also granted us this particularly delightful AMA on reddit, wherein Stephen roundly ignores comm
52.
Lawn Love (YC S14) Is Hiring a Digital Marketing Manager in San Diego
1 points by _sentient 10y ago
53.
Lawn Love (YC S14) Is Hiring a Full-Stack Engineer in San Diego
1 points by _sentient 10y ago
54.
Lawn Love (YC S14) is hiring a front-end engineer in San Diego
1 points by _sentient 10y ago
55.
by _sentient 10y ago
Are you really both asserting that the mere fact someone is willing to litigate acts as evidence to the merit of their claims? This is California. Frivolous lawsuits make up a meaningful portion of our GDP.
56.
by _sentient 10y ago
This is exactly the right question. It's clear that Jeremy is not and has never been a formal shareholder in Cruise. The question is whether having explored (and subsequently abandoned) a potential co-founder relationship constitutes s
57.
by _sentient 10y ago
This is wrong. Both the original suit and counter-complaint directly reference the fact that Kyle founded the company before meeting/engaging with Jeremy.
58.
by _sentient 10y ago
The founding documents explicitly list Kyle as the sole founder and shareholder of Cruise. If what you state is true then Jeremy's claim is entirely baseless. This counter-complaint conveniently breezes past that fact, and moves direct
59.
by _sentient 10y ago
> Most startups will not result in a meaningful financial outcome, so it sort of makes sense waiting to go through this mess until it's clear that it's going to matter because there's money on the table. That's not ho
60.
by _sentient 10y ago
We obviously only know one side here, and this issue will doubtless bring all the contrarians and tinfoil-types to the yard. However, even if we entertain the notion that Jeremy had some sort of de-facto equity interest in the company (a cl

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