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adamt
searching PlanetScale…
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19 ms
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121.
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adamt
16y ago
Rapportive (YCS10) were part of the 'accidental incubatuor' that kinda got the ball rolling. ( http://webcache.googleusercontent.com/search?q=cache:T3Vxyoj... )
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adamt
16y ago
I am not sure how they are going to manage the large delta between deal sizes. If they are going to make more Skype style $50MM deals then the smaller deals are just not going to 'move the needle'. In that a spectacular return on a $50k (wh
123.
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adamt
16y ago
Congrats. As other people have said - it's refreshing to see some stories like this rather than just the 'here's my web app I built in 48 hours'. Hopefully it will help people reliase the difference between building something and building
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adamt
16y ago
Great hack - but in terms of core density it's not exactly great. The article talks of "What we needed was a compact and efficient design with maximal core density" You can buy a Dell R410 1U 8 core (2 x 4-core Xeon) for about $1,400. Whils
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adamt
16y ago
I've interviewed hundreds if not thousands of programmers over the past 15 years. I am coming from the perspective of a UK based internet infrastructure/software startups of 1-100 people, much applies to other situations but there are some
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adamt
16y ago
As an extensive (and generally happy) user of elance and similar sites, this really made me laugh! This is fantastic example of the pitfalls of such sites. Whatever the project, you get a bunch of replies (the majority from Indian) who eith
127.
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adamt
16y ago
But the $19.95 linodes have a 200GB/month limit - so you'd need at an absolute minimum of 4 to do 800GB/month, and given you won't have perfect geographical spread, about 6-8 is perhaps more realistic. So you'd be looking at least $120 for
128.
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adamt
16y ago
I am surprised no-one has mentioned, Cambridge. * 7% of all of European VC is invested in Cambridge ( http://noweurope.com/2010/01/13/case-study-what-can-we-learn... ), which is not bad for a City of 125,000 people. * Close enough (50 mins
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adamt
16y ago
"Not quite such a substantive returns then" 22% (per annum) is a pretty substantive return for an asset class across a sample of 406 investments over over a 4 year period. As other posters have commented - it would be interesting to see dat
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adamt
16y ago
Recruitment fees are often (in Cambridge, UK at least) more like to 20% rather than 10%. To employ 10 software engineers, at say £36k average salary, would have ended up costing close to £70k through traditional recruitment agencies.
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adamt
16y ago
Everybody's submitted solutions to this seemed to have an RMSE of 0.794 to 0.808 which seemed a bit odd to all converge in such a narrow range. I don't think my solution is that clever, but it's gone straight to the top of the leader-board
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adamt
16y ago
When you see deals like this it is often not reported what liquidation preferences or other the investor is getting. E.g. If Hedge Fund X puts in a $20M investment for 1% it might seem expensive, but not if they have a 3x liquidation prefer
133.
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adamt
16y ago
By contrast we regularly employ django developers via elance and pay about $15-25 per hour and the quality now we are very efficient at filtering/testing people is very good
134.
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adamt
16y ago
I was reading the bit about how they pre-screen candidates, and was wondering if they actually know that much about Django themselves. Then I saw saw their team page: [quote] Our team is: Jacob Kaplan-Moss, a core Django developer and partn
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adamt
16y ago
I agree. It obviously possible to spend that much, but many apps could be a damn site cheaper (you can put together a lot in something like Lua/Corona in a few days). It reminds me about from in 2000, people were saying the average e-commer
136.
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adamt
16y ago
I disagree with your assertion that they left a huge amount of money on the table. From wikipedia ( http://en.wikipedia.org/wiki/History_of_Google#Financing_and... ) Google's initial public offering took place on August 19, 2004. A total of
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adamt
16y ago
It's a bit of misconception that tax increases that much - as national insurance drops off. E.g http://www.thesalarycalculator.co.uk/salary.php (figures in GBP) 30k -> 22.6k (25% total employee tax burden) 45k -> 32.8K
138.
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adamt
17y ago
[quote from link] Your compensation will include meaningful equity ownership. [/quote] Yes, but will it ever be worth anything? ;-)
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adamt
17y ago
The ipad supports Bluetooth keyboards. It even has a special apple version available that also holds the ipad up as a screen.
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adamt
17y ago
Real life situation. You are producing a network appliance of some kind doing high throughput stuff and you have implemented some bits in the kernel. On Linux (GPL) your code is all covered by GPL so your competitors can copy and use it. On
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adamt
17y ago
We love elance. We currently employ about 10 full-time equivalents on elance. I'd agree with the linked article. For most serious skills (beyond basic HTML markup) you need to pay $15-$25, but the results we've got have been top notch. Here
142.
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adamt
17y ago
Your website FAQ question 1 says it's standard MySQL. In another comment here you say: "a new database which we've built ourselves, which we've announced but isn't publicly available yet." If it's standard MySQL, then you hit the same issu
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adamt
17y ago
I am sorry - but the subject here misses the point. Just having someone else who can host a cloud MySQL database for you in what appears to be a single location doesn't solve the problem that people have running high-availabilty global inte
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adamt
17y ago
I was initially sceptical over the NOSQL approach, but I have since changed my mind. Let me be very clear SQL is not dead, and it's the right tool for many jobs. However, if you want a cheap, replicated, multi-master, write heavy system - t
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adamt
17y ago
> Something more than a quibble: while the EU has a higher total GDP, that doesn't translate into a higher purchasing power or standard of living---which can get complicated. In terms of GDP and purchasing power parity, then Wikipedia s
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adamt
17y ago
Quoting from the final para of the article: There's a lot of money "rest of world" and I suspect that will only be more and more true over time. I generally really like Fred Wilson, but talk about stating the obvious. Given that the EU has
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adamt
17y ago
I would recommend elance. From the other side of the fence - We hire a lot of people off elance (currently spending about $6k per week). I think it's a great way for people from lower-cost countries who are competent and with good english
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adamt
17y ago
Amongst other tigns VCs typically look for three types of rights regarding equity in a term sheet that get transferred to an Investment Agreement. Most of my transactions have been with European VCs, so some of my naming is slightly Europea
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adamt
17y ago
The more I here about this story the scarier it sounds. It's something straight out of 1984 and a complete invasion of privacy. Given that the children were all minors - spying on them secretly outside of school raises all sorts of moral an
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adamt
17y ago
Uk government debt as a proportion if GDP is more like 55% http://www.statistics.gov.uk/cci/nugget.asp?ID=277 The author if the original piece seems to have several key stats wrong which undermines his arguments.
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