crapshoot101

20 ms·

181.
by crapshoot101 14y ago
Thanks Dan - didn't see that in the article, but if that's really the return on capital, its a significant one. I'd poke a little bit more as to what the real opportunity cost was here (ie, did you absolutely need to spend the $2.2M to get
182.
by crapshoot101 14y ago
Neat idea, neat solution, but the problem with articles like this is that it leaves out the other half of the equation - what was the marginal capital cost? Ie, if they cost $100M (for hyperbole's sake, which clearly they did not), saving $
183.
by crapshoot101 14y ago
This is a truly well-written piece. Props to Amanda.
184.
by crapshoot101 14y ago
I don't know how much I agree with this - at the seed stage, in many cases, the ONLY thing you're betting on is the team. Ie, that they have a coherent idea is a good thing, but you're really betting on them figuring something out. Of cours
185.
by crapshoot101 14y ago
Respectfully, I cannot recall seeing a single YC company which has given up 3X LP at any stage short of an out and out crisis - and I've seen a few (work on the investor side). Hell, short of short-term debt which is clearly a bridge to an
186.
by crapshoot101 14y ago
This is just flat-out untrue. VC firms put in a significant chunk of their own funds into this - we're not talking peanuts here, we're talking about millions from general partners in some cases. This obviously differs from firm to firm, but
187.
by crapshoot101 14y ago
Honestly? Given what you've described, they aren't interested and it isn't happening.
188.
by crapshoot101 14y ago
Eh, see, I don't mind that, and I actually enjoy cooking and experimenting in my spare time. Its not something that I want to replace, you know?
189.
by crapshoot101 14y ago
I think this is one of those "Whatever floats your boat" kind of things. For me, as with others, eating is something I enjoy, not a chore, and I look forward to food. Also, I'm not sure how one's social interactions work in this world, espe
190.
by crapshoot101 14y ago
California law is really finicky about this - the usual rent-seeking behavior means that only "auto shops" can do code-reads, and they charge. If you go to Pep Boys, they will wink-wink, nod-nod and give you a code (that they officially cha
191.
by crapshoot101 14y ago
Really enjoyed it. But was I the only one who took more time on 5 than 6/7 which were less than 30 seconds? Is the difficulty out of whack?
192.
by crapshoot101 14y ago
No, it assumes that in a flexible labor environment in the medium term, a business will adjust to the value of the worker. If the minimum wage goes up to $20 tomorrow, I may not let go of a lot of my temp employees today, but I will certain
193.
by crapshoot101 14y ago
not true and way too simplistic. If they can't get employed at all because the minimum wage is too high, the entire burden falls on those same state benefits.
194.
by crapshoot101 14y ago
I hate shooters, partially because your average 4 year can kick my ass at it. I'm still bitter at Mass Effect turning into more shooter than RPG, because that's what sells. Why oh why isn't there a persistent, space-based RPG for the single
195.
by crapshoot101 14y ago
Hell of a story Jon - congratulations!
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by crapshoot101 14y ago
In a manner of speaking, isn't that what the Great Chinese Firewall is?
197.
by crapshoot101 14y ago
Alpha Centauri is easily the greatest game I ever played; it took the best of Civ 2 (which Brian was apparently the key designer on as well). Coincidentally, its now available on Gog.com cheap!