babababa

5 ms·

1.
by babababa 11y ago
Sorry but this isn't really helpful. The author might as well have just stated the Feynman Algorithm: 1. Write down the problem 2. Think real hard 3. Write down the solution
2.
by babababa 11y ago
One thing I love about the product management role is that it exposes you to a much broader range of skills to learn (beyond product features and people management), including design, user behavior, as well as business aspects including go
3.
by babababa 11y ago
I think there's also a theme around young founders, the ability to work as a team when the going gets tough, hubris, and the fame that comes with being in YC. During YC, you're in a very controlled environment - everyone around yo
4.
by babababa 11y ago
Posted this on another thread as well. It's important that one of the key lessons here is that the CEO of Zirtual, AND their investors, failed in their responsibilities during this whole fiasco. The CEO: Jack Dorsey has a fairly good d
5.
by babababa 11y ago
It's important that one of the key lessons here is that the CEO of Zirtual, AND their investors, failed in their responsibilities during this whole fiasco. The CEO: Jack Dorsey has a fairly good description of what the CEO's role
6.
by babababa 11y ago
Well put and totally agree - in other words, as the start-up founder, you know it's a good idea. My cynical take on "many bad ideas become major successes" is that as an investor betting on 100 companies, your best economics
7.
by babababa 11y ago
"All of these were ideas that seemed bad but turned out to be good, and this is the magic formula for major success." I see this sentiment expressed often, like it's a good thing that you want to pursue an idea that seems bad
8.
by babababa 11y ago
It's probably not rooted, but it probably also violates Apple's developer license agreement (which are needlessly restrictive) - sections 2 and 3 in this doc: https://developer.apple.com/programs/terms/io
9.
by babababa 11y ago
I'd save the questions for the offer negotiation, but most of the equity questions are reasonable. I can understand someone not telling you the revenue/cost numbers, and that's where your due-diligence on the company/gut
10.
by babababa 11y ago
Things to ask from any start-up: Regarding your grant: 1. How many outstanding shares (including as yet un-granted option pool shares) - divide your grant by this number and you have your ownership share of the company 2. If you're gra
11.
by babababa 11y ago
Apple developer program licensing agreements make it very hard to (legally) provide iOS devices for remote testing.
12.
by babababa 11y ago
The author is self aware and empathetic. But even if he wasn't or his natural inclination was not to become more kind, it's a really good thing to fake (and will hopefully become natural over time). Being kind is the right thing t
13.
by babababa 12y ago
Throwaway account. Our start-up was acquired by famous bigco after 2 years. ~20 of us were in the company. Every single person is making >$500K, 16 of 20 are making >$1.5M, and 7 of 20 are making >$2M. The founders likely made much