a13n

23 ms·

211.
How we built a $1m ARR SaaS startup(canny.io)
15 points by a13n 6y ago|5 comments
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by a13n 6y ago
> Managing mediocre-performing employees is harder and more time consuming. By keeping our organization small and our teams lean, each manager has fewer people to manage and can therefore do a better job at it. If managing great employee
213.
The life and death of read tracking(missiveapp.com)
8 points by a13n 6y ago|1 comments
214.
by a13n 6y ago
Why stocks are going up: Interest rates are insanely low, which means putting your money in the bank, or in bonds, has a near-zero return. There are tons of massive funds (vanguard, etc) that have promised a return to their investors, and t
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by a13n 6y ago
If you charge more, you can make more money, to grow your team, to build a bigger/better product, to serve more people.
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by a13n 6y ago
The stock market can remain irrational longer than you can remain solvent.
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by a13n 6y ago
We used them for a while but the quality just isn’t nearly as stable as zoom.
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by a13n 6y ago
It's interesting that this post is falling off the front page so quickly. At the time of writing it has 537 points and is 8 hours old. There are many above it with much fewer points, that are much older (eg. 127 points, 12 hours). It m
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by a13n 6y ago
One downside here is that SARs are taxed as ordinary income. This means you might end up paying 30-50% taxes instead of the 15-20% long term capital gains rate you'd pay on ISOs, RSUs, or selling shares from exercised NSOs.
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by a13n 6y ago
Every year startups get a 409a valuation from an audit firm that determines what their company and shares are worth. The IRS requires that stock options have an exercise price that is equal to or greater than the share price that comes out
221.
by a13n 6y ago
That's the exact purpose of stock options. From the IRS's perspective, when you receive shares in a private company, that's still income, because those shares have a specific value (determined by 409a valuation), despite them
222.
by a13n 6y ago
You can do this at a public company because the RSUs are liquid. They can be sold at market rate on the stock market, for cash, which is what's given to the government. The government doesn't want your illiquid startup shares.
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by a13n 6y ago
Options aren't a game. They're preferable to employees, for tax reasons. If startups gave employees shares, then employees would have to pay taxes on those shares, even though they're illiquid - so you're paying taxes on
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by a13n 6y ago
There are multi-million dollar businesses that run entirely on content + SEO (eg https://sleepopolis.com/ ). Yes, you are taking on a big platform risk in that your business depends on Google continuing to serve you high amo
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by a13n 6y ago
I think this puts pressure on the government to find a compromise, because Californians will be pissed that Uber stops working.
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by a13n 6y ago
Go hang out in the SaaS Growth Hacks group on Facebook and let people know you have a free / open source Intercom alternative. Every week people in that group are asking for cheaper alternatives, and usually they just care about the li
227.
by a13n 6y ago
Canny | Full-Stack Engineer | REMOTE | Full-time | https://canny.io Canny helps software companies keep track of feature requests to build better products. * Early-stage startup, 7 person team * Over 600 customers, including ind
228.
by a13n 6y ago
It looks so bad... there are great tools out there that are built specifically for sharing your public roadmap with your users. Using GitHub for this is very rough on the eyes, and just bad for usability.
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by a13n 6y ago
I would guess that if you are a founder with a consumer startup, good luck getting an interview! I think this makes sense too – YC is in the business of picking will-be billion dollar companies. The number of consumer startups that make i
230.
by a13n 6y ago
I just read/skimmed each of these links. Is this any less data than is collected by Facebook or Google in their apps/websites? This seems like mostly an issue with the fact that Android lets apps get at this much data - something
231.
by a13n 6y ago
I feel like this TikTok backlash is so overblown. I don't think TikTok is spying on US consumers/business, and I don't think TikTok is sharing any US private data with CCP... I believe this because there's no evidence to
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by a13n 6y ago
Canny | Full-Stack Engineer | REMOTE | Full-time | https://canny.io Canny helps software companies keep track of feature requests to build better products. * Early-stage startup, 7 person team * Over 600 customers, including ind
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by a13n 6y ago
Purely anecdotal, but having lived in Canada for 5+ years now, I'd definitely say Canadians tend to be more averse to risk.
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by a13n 6y ago
I would guess they would tell you "because it isn't personally guaranteed", which absolves you as an individual of financial risk. Personally I'd be really excited to see better loans being offered to startups, but this
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by a13n 6y ago
Just file a chargeback for this kind of thing. If you got charged for something and "did not actually receive the goods/services" (in this case a convenient gas fill up), then this is exactly what they were designed for. Of c
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by a13n 6y ago
As a founder of a bootstrapped & profitable company, I don't really get what's so attractive about this funding model. It seems like it's just a really, really, really expensive loan. They make it sound nice with their
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by a13n 6y ago
This seems like capitalism at work. - Zoom wants to build as big of a business as possible. - Therefore, Zoom wants to retain access to the Chinese market. - Therefore, Zoom must work with the Chinese government, to avoid getting banned. Is
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by a13n 6y ago
> anyone can do their own legwork to get this information Can they though? My point is that FAANG companies are uniquely positioned by having access to this data that the public couldn't possibly have access to.
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by a13n 6y ago
I would guess it's more about the money than you think. Public companies have a fiduciary duty to maximize profits and investor returns. They're simply using the data that's available to them to make great investment decision
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by a13n 6y ago
How does investing in startups make you an internet gangster cartel?

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