csentropy

13 ms·

31.
by csentropy 6y ago
Yes.
32.
by csentropy 6y ago
Funny you say that. "Deriskinga nd monetizing future founder potential" is literally on my whiteboard. We are exploring ways to structure the pool with a portion of it in cash/capital. more coming
33.
by csentropy 6y ago
Founders and executives "play a role" in outcomes. The future of any company pre liquidation is uncertain. Agree with employee pools. That is the next step version for founderpool and it is literally the most requested!
34.
by csentropy 6y ago
Thank you
35.
by csentropy 6y ago
Please sign up!
36.
by csentropy 6y ago
1. Single pool, based on rounds, but new companies can join a pool with consent from all aexisting companies 2. Support is entirely up to them, but the goal is to create an engaged community with strong incentive alignment to help with inve
37.
by csentropy 6y ago
It works both ways. 1. In a verticalized approach, your startup risk approaches your sector risk, if pool is large enough. 2. In a stage based pool approach (sector agnostic), risk is more diversified but rankings will be less meaningful.
38.
by csentropy 6y ago
Good question. It hasn't empirically. See founders taking money off the table in secondary in series A, Airbnb etc. Plus, financially derisked founders are paid a premium (those with previous exits) by VC. So we know that this is mostl
39.
by csentropy 6y ago
1. Pool construction happens by peer selection. All participating founders submit rank order lists and we construct pools using Gale-Shapley algorithm (a version) 2. I wondered ht3 same. A few like FF have thought about it, but they have a
40.
by csentropy 6y ago
None that I found so far.
41.
by csentropy 6y ago
It's peer selection based on ranking. We are moving to a version of Gale-Shapley stable algorithm for pool construction
42.
by csentropy 6y ago
Its organized in rounds, but current pool members can invite other startups in with a unanimous consent.
43.
by csentropy 6y ago
Thank you! Will check it out.
44.
by csentropy 6y ago
disbursements will happen at exit or liquidity event. If a company gets acquired, proceeds go to pool members pro rata. Stock distributions if it IPOs
45.
by csentropy 6y ago
We didn't find any, so we had to build it. Thank you for the feedback
46.
by csentropy 6y ago
1. Thanks, we are working on it 2. Yes 3. Based on the value of your stock, determined by fair market value and other assets you hold
47.
F(founderpools.com)
11 points by csentropy 6y ago|14 comments
48.
by csentropy 6y ago
I did write it legally :)
49.
Luck and Startups(medium.com)
9 points by csentropy 6y ago|2 comments
50.
by csentropy 7y ago
Yeah. One of the many experiments that were tried by the Central Economic Mathematical Institute in the old USSR
51.
by csentropy 7y ago
So they found my ex's address?
52.
by csentropy 7y ago
Ha ha true. I doubt he will though.
53.
Are algorithmic stable coins even possible?(medium.com)
5 points by csentropy 7y ago|6 comments
54.
The Bitcoin Machine: 21 Levers that move it's price(medium.com)
8 points by csentropy 7y ago|2 comments
55.
by csentropy 11y ago
That's what I intended to ask, my question wasn't clear. Is there a way someone could contribute to the YC community as an outsider? Ideas welcome.
56.
by csentropy 11y ago
What is the best way to get connected to the YC network if you are not a YC alum?
57.
by csentropy 11y ago
You state two discrete events and in the next sentence talk as though they are causally related. Maybe economic mobility is harder in the US now than before. Could economic strangulation by regulation be the cause of it? Maybe the wealth tr
58.
by csentropy 11y ago
Assuming humans are "rational actors" according to a third person's definition of rationality is the biggest flaw in the theory you mentioned. Rationality is not amenable to interpersonal comparisons. What looks rational to m
59.
by csentropy 11y ago
Minimum wage is an artifact of economic folly. If you are voluntarily selling your labor, it means that you are getting the best value for it. If you could get more for your labor, you would. If no one else wants your labor, it means that t
60.
by csentropy 11y ago
Some people who remain poor do have poor character. Some people who are poor are so because of hard luck. It is extremely impolite to say it but it is true. Not that it should prevent you from helping any of them. Your hypothetical example

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