corry

9 ms·

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by corry 2y ago
Fair, I should have said "tech founders" I suppose. I think it's reasonable to draw distinctions between tech, media, clothing, retail, etc startups. Like, MrBeast seems like a media startup which is different than, say, a Sa
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by corry 2y ago
MrBeast - an OG Founder Mode guy? I'll leave it to you all to debate the ethics of MrBeast's videos, YouTube, and the questionable value of these videos. Meanwhile, the most fascinating part of this is a glimpse into a new kind of
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by corry 2y ago
An interesting artifact of the information disparity between the startup executives (who have access to this benchmark data) and the employees (who don't) is that the employee is often wildly off the mark in their expectations, either
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by corry 2y ago
1) Salary surveys for local or national startup scenes have been a staple for decades. Here in Waterloo (Canada), there was a dominant local survey that all tech companies participated in annually with results being shared. Then, as you get
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by corry 2y ago
Perhaps things aren't so binary on either side. Some people using crypto are criminals, terrorists, and (perhaps less concerning albeit more numerous) tax-evaders. Some aren't. And on the other side, some (much?) government spendi
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by corry 2y ago
Adding another interesting layer - my analysis doesn't hold true for angel investors, though. Maybe I was just really fortunate (or, 'of course I was!' in hindsight) but the Waterloo region angels who invested in us were so s
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by corry 2y ago
As a Canadian founder who's been through YC, Series A, to a solid exit -- and who knows lots of other Canadian founders who both went through YC and didn't -- my view on this is that you're just seeing a kind of 'capital
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by corry 2y ago
Ah good catch, I originally had heroin in my comment and edited it to fent.
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by corry 2y ago
I upvoted you, but also wanted to add: Hopefully you also warn them about the opiates that their doctor will cheerfully prescribe. Frankly, if the opiate epidemic taught us anything it's that there's probably lower risk in your te
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by corry 2y ago
What an odd situation, where we can applaud "the transparency" (and I do, honestly) while the US is also simultaneously cheerfully delivering a public reminder that "we have more than enough to absolutely annihilate anyone an
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by corry 2y ago
I'm curious why you think these employees -- who are getting the worst end of the deal -- are working for startups in the first place? Either they have the skills to be a founder themselves or to work at BigTech... or they are financia
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by corry 2y ago
My point is that the situation will vary. Yes, if $500k doesn't move the needle on your life then the question is moot anyways. Most first-time founders will be closer to the poor end of the spectrum than the wealthy side. There are pe
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by corry 2y ago
Regret is perhaps too strong of a word. But $5M is $5M even if you have $45M. Sure, it won't change your life since you have the $45M, but the incremental investing / philanthropy / estate / family help etc that it allow
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by corry 2y ago
I skimmed the suit itself [1] - apparently Calm put on some events together with a PE fund in a joint venture, then a guy left the PE fund... and Calm and the exited person continued to put on events under the same name while preventing the
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by corry 2y ago
Three interesting part of the discussion: (1) The opportunity cost to the founder of taking early liquidity: If a founder cashes out 10% of their position for $500k @ $25M Series A valuation, that de-risks a lot of their personal life. But
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by corry 2y ago
Not OP but check out Closer to Truth on YouTube. PBS show hosted by a former neuroscience PhD, they have tons of recent interviews with leading thinkers on consciousness (among other fascinating topics).
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by corry 2y ago
In any sufficiently large tech company, the "risk mitigation" leadership (legal, procurement, IT, etc) have to operate in a kind of Overton window that balance the risks they are hired to protect the corp from vs. the need or desi
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by corry 2y ago
Makes sense! For burpees, I think the jump part is perhaps 'just noise', in the sense that if you are accurately counting the push-up at the bottom (i.e. can ignore 'the noise' in-between push-ups) then it would work fin
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by corry 2y ago
Two comments and 1 question for OP: (1) Thanks for the writeup, this is classic HN content, a simple app that solves a person's problem with enough interesting technical detail to make it interesting. (2) Definitely post this to the Ap
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by corry 2y ago
Sorry for the TikTok link [1], but worth seeing this animation of income to housing price since the 1980s. To make matters worse, what's not shown is also the rising tax on that income. Then factor in student debt, which is not as seve
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by corry 2y ago
Haha, great point, my bad :)
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by corry 2y ago
'As the appeal of “solid” living is waning...' Is it the appeal of it that's waning, or is it increasingly clear that there will be a generation or two for which 'solidity' is simply out of reach? So what do you do?
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by corry 3y ago
Do you manage your own money and finances in addition to having a day-job? That's what he's doing, albeit in a more complex situation and likely higher wealth bracket given he sold his last company for $Bs. The only thing that str
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by corry 3y ago
While I don't disagree with your reaction to the article in question... "[The atrophic principle] tends to be invoked by theorists whenever they do not have a good enough theory to explain the observed facts." - Roger Penrose
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by corry 3y ago
Before moving away from our previous neighbourhood (new high density suburb), we were seeing an increase in door-to-door 'selling' generally, whether it's charity or political or religious or telco. We figured it was the high
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by corry 3y ago
Curious if someone more familiar with this space could comment on what exactly is meant when it says the drug in question -- MM120 -- has been "pharmacologically optimized" from the base LSD? I know the "real" vs "s
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by corry 3y ago
Nah, I disagree. If you ever work on a very large spreadsheet that spans several monitors' worth of space, both up and down, you quickly realize that multiple monitors are not it (the seams break everything). Can't do it with toda
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by corry 3y ago
Three interesting (I hope) comments: 1) There is so much cultural baggage around psychedelics at this point. We're still talking about the Marsh Chapel experiment? We're still writing articles that MUST include a Leary reference?
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by corry 3y ago
Hey friend - you're wrong on this, although I understand how it might be comforting to think this is all some vast elite conspiracy. The reality is that you "become chosen" by building a company that is growing very quickly i
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by corry 3y ago
Ummm. This seems like a huge overreaction. Do you think the founder of Figma -- which is still worth $B's, making him obscenely wealthy 'on paper' (but 'on paper' in a way that most wealth is counted) -- plus, he li

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