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calcsam
searching PlanetScale…
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121.
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by
calcsam
9y ago
Check out Tiago Forte's PARA system: https://praxis.fortelabs.co/new-post-the-p-a-r-a-method-49c7... It's paywall-gated ($5/month), but totally, totally worth it.
122.
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calcsam
9y ago
To HN readers complaining about pricing: You Are Not The Target Audience. At least unless you (or your employer) are willing to pay $2000 extra to fly BER-SFO first class to get an extra few hours of sleep on your way to a high-value meetin
123.
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calcsam
9y ago
It's easy to point all the details that matter in valuing your stock options -- liquidity preferences, strike price, options vs RSUs. The genius stroke here is to focus on the two big details that matter (% ownership and exit value) an
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calcsam
9y ago
Restricted shares // RSUs are real shares, as long as they have vested. Restricted refers to the fact that they need to vest, as well as some other terms typically attached, like transfer restrictions.
125.
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calcsam
9y ago
The phrase "nullify a share grant" has no legal meaning that I'm aware of. There are some semi-legal ways to do this, eg dilute some shareholders by issuing a ton of new shares and give them to other existing shareholders (yo
126.
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calcsam
9y ago
If you read the original article in the Information, 20% of people who sign up to drive Uber are approved to do so, and 20% of those are still driving after a year. Still bad, but very different from a 4% retention rate. https://
127.
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calcsam
9y ago
Bayfield, Wisconsin, population 530: https://en.wikipedia.org/wiki/Bayfield,_Wisconsin Stockholm, Sweden, metro area population 2.3 million: https://en.wikipedia.org/wiki/Stockholm
128.
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calcsam
9y ago
"These wilderness islands with haunting sea caves are accessible only by tour boat at a cost of $151 for a family of two adults and three children. There is no free 15-minute ride across the strait to Basswood Island closest to the mai
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calcsam
9y ago
Cached: https://webcache.googleusercontent.com/search?q=cache:-I98fR...
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calcsam
9y ago
"Spurred by tax incentives, Twitter set up its headquarters in the City by the Bay in 2006, and there it remains." Twitter didn't move into its Midmarket HQ until 2011.
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calcsam
9y ago
Ah, he's an NRx guy....
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calcsam
10y ago
After raising a Series B of $90 million, new employees would be getting probably, at most, 0.05% over four years, or vesting around 0.01% on their one-year cliff. I can't imagine how the founders thought that firing tens of key employe
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calcsam
10y ago
Thanks! I'm definitely planning on adding liquidation preferences -- a lot of people have been requesting it.
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calcsam
10y ago
The GitLab exec team is probably pretty happy to be reading this blog post. Because Patricio isn't exercising his stock options they will return to the option pool, where they are available for re-allocation to new hires. 0.1% of a Ser
135.
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calcsam
10y ago
I'm building a stock option calculator for startup employees. It walks you through how to collect the information you need to know about the stock options you own, or have been offered, and figure out how much they would be worth in va
136.
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calcsam
10y ago
A lot of folks, myself included, are looking to use something like this. Do you have a private beta for what you're building?
137.
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calcsam
10y ago
You should call a tax lawyer ASAP. This is above HN readers' pay grades. FWIW, we had a similar situation at Zenefits, but were advised it would probably be all right if we exercised before the company officially started raising $. Geo
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calcsam
10y ago
Cliff is an amazing guy. If you're in the Bay Area and looking for something to do, give him a call and ask if you can stop by. He keeps all of his merchandise in the crawl space under his house and built a remote-controlled forklift t
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calcsam
10y ago
Are you prepare to look for a new job? If so, yes. I would frame it slightly differently. I would set up coffee with the investor you know. Ask them what they thought of the demo. Ask them if the demo was the reason they invested. Ask them
140.
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calcsam
10y ago
If startups want to compete effectively for talent with big companies, they need to communicate more effectively about the value of their equity (and in many cases, give more). I built a site that helps startups do this: http://w
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calcsam
10y ago
Not sure what you're responding to -- my advice was to look elsewhere & reopen convos with other companies.
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calcsam
10y ago
I wouldn't say it's a toxic company or sinking ship, but from the three points below they don't seem to value engineering much. As it's your first job, so you probably don't have a ton of leverage -- though if you
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calcsam
10y ago
I'm currently at my second startup doing a migration from Mongo to Postgres.
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calcsam
10y ago
Ozan and Myles also teach this stuff in-person in SF: http://bradfieldcs.com/ . I just finished their databases course and it was excellent.
145.
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calcsam
10y ago
Great feature, only a few years overdue...
146.
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calcsam
10y ago
Having PWA optimizations by default is a huge win for sites where speed is money (marketing sites, landing pages) and pretty good for the rest of us too. It's great watching the ability to create fast sites by default built into mode
147.
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calcsam
10y ago
Dude, come to Silicon Valley. Whatever kind of development style, methodology, personality type, will make you happy, you'll find it here.
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calcsam
10y ago
It's pretty common knowledge that 409a valuations are underestimations of real value. What isn't well known is by how much. It would be great to see VCs with 20 years of data compare how much their preferred shares were worth vs o
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calcsam
10y ago
Stock options are definitely complicated, but so are your taxes. In fact, your taxes are much more complicated. However, there exist reasonably good software tools, eg TurboTax, to represent your taxes as a decision tree, and to walk you th
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calcsam
10y ago
Some of these measurements don't make sense because they (a) lack a unit of time (b) fail to measure alternatives. > sitting on a chair (due to the likelihood of falling off it) increases your risk of death by approximately 1.3 micr
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