alexeichemenda

9 ms·

1.
by alexeichemenda 4mo ago
I'd take a candidate who fights for a view I disagree with over one who hedges to please everyone (Strong opinions weakly held, but willing to change their mind if/when the data tells a different story)
2.
by alexeichemenda 1y ago
>Best approach would be to make very few investments Top VCs—who see the best deals and run deep diligence—still only have a 1–5% hit rate. As an angel, you don’t have that level of access or time. Even if you get strong referrals, you’d
3.
by alexeichemenda 2y ago
They do, this URL just links to a custom GPT hosted on OpenAI's chatgpt URL.
4.
by alexeichemenda 2y ago
>"It was very sad to call it quits because getting the funding to make those units was the only hurdle before making serious progress,” Temple said. “If they connected me with investors like they said, I could have made my invention
5.
23andme: 7M accounts hacked DNA data(theguardian.com)
20 points by alexeichemenda 3y ago|5 comments
6.
by alexeichemenda 4y ago
100x is a great return even for YC standards, but the best returns that business angels, VCs and YC have had is in the order of magnitude of 10000x (yes, ten thousand). So capping at 100x still makes it attractive for investors, yet leaves
7.
by alexeichemenda 4y ago
What CC is that?
8.
by alexeichemenda 4y ago
France’s RSA does not meet UBI standards that we’re considering in the US / California because the amount paid is so small. If you live alone with 2 kids, RSA would be 899€/month in 2022, far below minimum wage.
9.
by alexeichemenda 5y ago
> You just don't sell all of the company The other option (more often used) is that you can raise more money at a higher valuation. You dilute yourself by the same amount as the initially planned raise, but you get more money and do
10.
by alexeichemenda 6y ago
I'll also mention: this is a problem that goes up every ladder. Marketing individual contributor wants to show good performance to their manager, so delivering rides for cheap is good. Marketing manager is in the same boat with the CMO
11.
by alexeichemenda 6y ago
What's important to highlight here is that marketing teams at companies such as Uber are incentivized to pus vendors to drive fraud. Specific example: Uber works with vendors A, B, C. Marketing team is incentivized to reach a cost per
12.
by alexeichemenda 6y ago
I’m curious how many users (%) are annoyed by this. My gut feeling tells me only HN/Reddit/tech is annoyed by this, most people aren’t. Which is why we haven’t seen a competitor arise
13.
by alexeichemenda 6y ago
>Doesn't seem that big in comparison to what SF annual budget is. There are no singled-out pockets that you can tap into and make up SF annual budget. It's all about cumulating a lot fo long-tail small pockets + 1-2 large pocke
14.
by alexeichemenda 6y ago
Not aware of any that do that for laptops but I know 2 personally that do that for phones. They have a collection of devices (phones) trash to go, so it’s not as unscalable as I initially thought because they re-use the devices. So I’m ass
15.
by alexeichemenda 6y ago
You’re focused on the wrong part of the chain here. As the camera system is only as weak as it’s weakest link, if Apple indeed made a circuit connected to the LED (and I fully trust you on that), then the weakest link is elsewhere: company
16.
by alexeichemenda 6y ago
Managers, probably. Companies + investors = less likely. >what is needed to retain employees and keep churn rates down to acceptable rates Ultimately, this value depends on the location. Assuming identical salaries, it is more expensive
17.
by alexeichemenda 6y ago
Some companies agree with that and some don’t. For companies that disagree with you statement, the rationale is really simple: the company is ready to pay top $ because cost of life is high. They know that the rent you’ll pay is high hence
18.
by alexeichemenda 6y ago
> But I also want to remark that in many ways, building a company is also a silly thing that in fact requires skill. It is - Tikej's point isn't that it's not a skill - but rather that it's not the right place to shar
19.
by alexeichemenda 6y ago
Uber burning money on opex and Uber investing in Uber's future (through Lime) are two very different ways to spend money. Don't expect Uber to stop spending money, it'll simply do that differently.
20.
by alexeichemenda 6y ago
There is a misconception that Uber loses money on every ride. If you look at their SEC filing, it's not how they actually work (I won't have time to do that search for you now but will try to edit my post later). TL;DR of their SE
21.
by alexeichemenda 7y ago
>If Youtube starts banning those accounts then they are effectively not allowing anyone else to join their platform That's a huge if - one that Youtube probably is not going to enforce on new customers. The same principle applies to
22.
by alexeichemenda 7y ago
It's very likely that if the said small channels are indeed too small to be allowed to monetize, then they would fall under the not profitable accounts even if they were allowed to monetize.
23.
by alexeichemenda 7y ago
Interestingly, this correlates well with what is happening in the ad-tech world. Specifically in performance marketing spend, 15% of the budget is very often allocated to "new initiatives & new partners", with the thought proc
24.
by alexeichemenda 7y ago
My ROI numbers there are all examples to demonstrate my point, they’re not actual values supposed to reflect any sort of reality. As to conflict of interest, I did mention we work with a lot of advertisers but certainly not a conflict of in
25.
by alexeichemenda 7y ago
What claim are you referring to?
26.
by alexeichemenda 7y ago
>Wouldn't they spend a bigger part of their revenue on ads ? _For context, we've worked with thousands of advertisers worldwide_ They do, up to a certain extent. ROI isn't the only element to look at here, what also matter
27.
by alexeichemenda 7y ago
I suggest "I carved there"
28.
by alexeichemenda 7y ago
Sorry if this is a naive question, but if the assumption is "doomsday", how would one know how to access vault and that it even exists?
29.
by alexeichemenda 7y ago
Debatable. If you go to the movie and the cashier says "it's $11 for the movie, or $12/mo for unlimited movies", i wouldn't be surprised if many people take that deal. That's how restaurants get you with menus
30.
by alexeichemenda 7y ago
Ha - first thought come that came to my mind. I wonder if SF city council will appreciate this move. If this was a purely "permit" driven acquisition, I'm surprised Bird won the bidding price vs the larger scooter companies.

More ›