earnesti

10 ms·

91.
by earnesti 2y ago
The guy has a lot of money, so therefore he is more guilty than normal men?
92.
by earnesti 2y ago
CEO's definitely are underworking. Maybe not CEO's of publicly traded companies, though.
93.
by earnesti 2y ago
I always keep coming back to RPi because of the software support. Now when I think about it, basically everything is secondary to that. Most of the stuff with RPi just works like charm, and when not, you usually find tons of information how
94.
by earnesti 2y ago
Not useful code is always bad, because you never had to write it. It is just a waste.
95.
by earnesti 2y ago
Thank God it is virtual signaling and not done by physical means
96.
by earnesti 2y ago
No. It is not really useful in any way these days, not even for recreational purposes I would argue. There are better alternatives. But people like the nostalgia so it pops up here now and then.
97.
by earnesti 2y ago
> There was never any upside for me. That was because you negotiated and accepted a shitty deal. Unless someone scammed you into believing something that isnt' true, which I doubt. Founders can be overly optimistic, but it isn'
98.
by earnesti 2y ago
If you can get that 400k FAANG job, take it, for ducks sake. Not everyone can, and for some of them the startup deal can be quite OK. People who can get 400k job at FAANG should be smart enough to avoid shitty startups. Looks like they aren
99.
by earnesti 2y ago
> high risks high upside but really its extreme risk and almost no upside Extreme risk? Some startups pay fair salaries. I don't think startups are that risky (unless you start putting money into them, that is a suckers deal). Or if
100.
by earnesti 2y ago
Lying to the employees is scammy and wrong. However regarding that we would need more information what has exactly happened. Not telling or not highlighting something is not the same as lying. Personally I'm not in the SV scene but fro
101.
by earnesti 2y ago
I don't think it needs any justification, really. The investor decides, whom to sell to and how much. If the founder doesn't want to organize a sale for employees, then he doesn't do that. He would probably have to pitch it a
102.
by earnesti 2y ago
The affected brands don't care that much. The individual falling for the scam is the victim. They might get angry at the brand, but at the same time they understand that they actually got scammed by someone else. Google etc could very
103.
by earnesti 2y ago
That is not the issue stated here (looking at the comments, not at the article itself which is very unclear). THe problem is, allegedly, that ad platforms allow displaying on their ad a domain they don't own. For example, you can have
104.
by earnesti 2y ago
Thanks for stating it clearly. I read the article quite long way and didn't get it.
105.
by earnesti 2y ago
There are many venues to gamble your money. You could also go for meme/penny stocks. I personally have only Bitcoin and some small amount of ETH. I don't consider myself a gambler and think that these smaller cryptocurrencies are
106.
by earnesti 2y ago
For me, I have found some new social circles where alcohol doesn't play such an huge role. I'm also in good terms with my old drinking buddies, but of course it is not the same thing any more.
107.
by earnesti 2y ago
I find it quite OK, just have to leave early enough.
108.
by earnesti 2y ago
Bullshit. Sober people go out socializing, their way to socialize is just different, and they have no trouble finding partners. If you had decided to go without a drink, you would have found a partner, just a different one from different so
109.
by earnesti 2y ago
Whatever bro, I trust your self judgement. But statistically, I would bet that alcohol makes worse parents, worse listeners, worse friends. And quite often it makes outright terrible parents.
110.
by earnesti 2y ago
There's so much waste in the world, that it is unbelievable. However counterintuitively, I have stopped caring about waste, and have been more focused on the value. Waste you can always optimize later if you want to, value creation is
111.
by earnesti 2y ago
Who cares
112.
by earnesti 2y ago
LOL. I think he was an idiot, in that regards. Similarities to Steve Jobs, who resorted to quackery with his cancer. People can be geniuses and dumbasses at the same time.
113.
by earnesti 2y ago
Wasn't he also a chain smoker?
114.
by earnesti 2y ago
> As many people point out, the CEO has some level of fiduciary duty to investors. If you refuse an offer with a 40% or so premium, you are going to be facing down lawsuits. I think a simple way to avoid this is to ask for a all-cash off
115.
by earnesti 2y ago
But imagine how many billable hours were created with this thing
116.
by earnesti 2y ago
I'm not sure that VC's will be investing in the company of a failed entrepreneur. At least something should have changed to make the company "better". In Gumroads case the truth was that the money would be pretty much go
117.
by earnesti 2y ago
Penny stocks rarely have similar market caps...
118.
by earnesti 2y ago
> Absolutely none of them think that the fee is 'retirement money' You are sure you can speak for all of them? There are tons of VCs... To me the 2% running fee sounds pretty nice, combined with somewhat low pressure job compar
119.
by earnesti 2y ago
The reason for that is that there is very high likelihood that the "loan" will never be paid back. It is just a market. As far as I understand from the statistics, VC's are not making great money, on average. Average startup
120.
by earnesti 2y ago
Yeah, why just VC's, force everyone to invest. There is a lot of rich ppl in the world who don't invest to startups at all. That is wrong. We should have a law that requires at least certain % of net worth to be invested in startu

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