blader

12 ms·

121.
by blader 17y ago
Wow, when will stuff like this end? I've been hearing this since 2004, when they were like 1% their current size.
122.
by blader 17y ago
... or pretty irrelevant.
123.
by blader 17y ago
Yes, because that's what a liquidation preference is. You get your full investment back in a liquidation event before common stock gets paid off. To illustrate, if LSVP was the only investor in Ning (which it isn't) at a $15MM on $750MM, th
124.
by blader 17y ago
This is correct. It's REE - mod_rails has almost nothing to do with these results. REE alone halved our response times and our memory usage across our Rails cluster. We're stll on mongrel/nginx.
125.
by blader 17y ago
This is fantastic. Just curious - did you run any tests for statistical significance?
126.
by blader 17y ago
They also have 300+ FTEs in addition to 200+ contractors.
127.
by blader 17y ago
16, SAT instructor at Kaplan. I hated my life that summer.
128.
by blader 17y ago
"I see vision, not monetization." You see years of great PR, not reality. Most founding myths are the result of gross simplification and made-up mythology which the are designed to be interesting and consumable for mass media. (see Amazon,
129.
by blader 17y ago
Amazon: 15.7 million in 1997 Google: 86.4 million in 2001
130.
by blader 17y ago
" If you want to get a promotion at work to best place to start might be doing something as simple as taking everyone's lunch orders and getting them right. " Dang, that is good advice.
131.
by blader 17y ago
Insightful observation.
132.
by blader 17y ago
I think this is fantastic advice - if I were to sum up everything I've learned over the past year and a half of running a venture backed startup, it'd look a lot like this.
133.
by blader 17y ago
Most <any industry> companies are "rudderless ships of doomed people." I'm guessing it's especially true in software - everybody is involved in software nowadays but you can count the number of companies doing software really well o
134.
by blader 17y ago
As a current entrepreneur and the son of a PhD physicist insurance salesman, I don't agree that the best way to get rich is to sell insurance. As far as I could tell, selling insurance seemed to be hard, slow, and not especially lucrative,
135.
by blader 17y ago
I assume you're referring to the algorithm change around January/February for allocations. There was a change to the allocation algorithm related to spam weighting - it wasn't an across the board drop from 20 to 12. Allocations actually ros
136.
by blader 17y ago
Matt, the more people think that Facebook apps don't make any money, the happier I think we'll both be. =)
137.
by blader 17y ago
http://www.google.com/search?q=zynga+revenues
138.
by blader 17y ago
Ruby on Rails and the importance of being COMPETENT.
139.
by blader 17y ago
Run a split test and see if there's any cost to doing it.
140.
The Scrappiness Factor(pittsburghventures.com)
2 points by blader 17y ago|0 comments
141.
by blader 17y ago
Oh hey Jesse. Feels good to not be limited to 140 characters. One thing I wanted to say is that the viral model does a really good job at modeling user growth over time and the threshold model not so much. I feel like the threshold model is
142.
by blader 17y ago
No, it's not a derogatory term. Having high "su zhi" is a good thing.
143.
by blader 17y ago
There's no direct english translation, but the term "su zhi" has class, cultural, economic and even ethical implications beyond that of just education level. It (very) roughly means something like "basic cultural quality level." To focus on
144.
by blader 17y ago
'The first question I will ask myself when it comes to any changes will be "can I achieve the desired outcome without hurting my userbase?"' Judging from their growth rate, it looks like they asked that question and the answer was yes.
145.
by blader 17y ago
You can be smart at a skill without guarantee of success.
146.
by blader 17y ago
Being smart won't get you a lot of things. OTOH, being smart at getting yourself laid will almost certainly get you laid.
147.
by blader 17y ago
" whenever the company compiles statistics for applications they include the native ones and make it apparent. " Do you have any references for this? I follow Facebook pretty closely and this seems unusual.
148.
by blader 17y ago
The way Facebook counts users, you access an application and that counts as a "usage." 30% of Facebook's active user base, in other words, have never clicked on a photo? It doesn't make sense.
149.
by blader 17y ago
I suspect what they're looking for are "useful" apps that drive up the perceived value of their platform, regardless of revenue or traffic. Things like business or general utility, but not games (which by far do the best both revenue and tr
150.
by blader 17y ago
I find it hard to believe that 30% of their user base never uses any of their own apps: Photos, Notes, Posts, Groups, Events.

More ›