eldavido

86 ms·

781.
by eldavido 12y ago
Simple has several significant limitations, namely, the need to mail checks over a certain threshold (I think $5k) and I don't know whether they do credit origination, either. End of the day, I went with good-old-brick'n'mort
782.
by eldavido 12y ago
Urban coastal real estate is expensive because more people want to live there. Jobs + great weather + anti-development policy = high prices. Really...it's that simple.
783.
by eldavido 12y ago
Chuck as I'm sure you know, VC is just a subset of the larger world of private equity in general. What I'm wondering is why PE has traditionally been practiced only by high-net worth households/institutions. I wonder what it
784.
by eldavido 12y ago
If banks are just capital aggregators, do you think another party could play that role in the future? Like a mini-family office where 2-3 families get together, put in 10-20k each to get enough equity, and invest in a portfolio of assets? O
785.
by eldavido 12y ago
"Looks like a healthy company" to who? Any businessperson worth their salt will look at operating cashflow, current/quick ratios, and P&L/income statement. It's interesting, I think there's a lot of psychol
786.
by eldavido 12y ago
What about it doesn't "scale up well" and why is this a concern? I've been thinking about creating a tech platform to facilitate coinvestment. I have a brother who lives in Houston and we often talk about buying a rental
787.
by eldavido 12y ago
Interesting optics. I first see $1m as a "small raise" but maybe you're just running really lean and don't need as much money? Good luck
788.
by eldavido 12y ago
It depends a lot on your mentality toward writing code. I find matching the long/short-termness of engineering practice to the overall mentality of the organization results in the least friction. Concrete example: if you're buildi
789.
by eldavido 12y ago
girlfriend and joke how despite being "modern" people we still have pretty traditional division of labor: she cooks, i manage money. it works for us. i agree that it's much better when you have a few people doing the scale-in
790.
by eldavido 12y ago
Differentiation is much broader than just the product. It could be in targeting a particular geographic niche, offering different financing, more convenient packaging, etc. In marketing, they have a concept of the "four Ps" - prod
791.
by eldavido 12y ago
I'm an engineer. I could go into a high-risk career trying to cure cancer, or I could flip houses. By my (admittedly rough and speculative) math, I'd make more money doing the second. This has nothing to do with finance and everyt
792.
by eldavido 12y ago
Related economist article: http://www.economist.com/news/briefing/21587782-europes-elec... Who's building the "I have a 10kW load, I'm in zip code XXXXX, when is the cheapest/best time to turn
793.
by eldavido 12y ago
To answer your question: I don't know. But I imagine if it became common not to have, valuations would be adjusted accordingly to price in the risk. Which makes me wonder, if a company raises $1mil (1 million shares, $1/share) @ $
794.
by eldavido 12y ago
Your understanding is correct, founder shares are typically just common, the same as employees get, whereas a lot of early-stage capital partners (investors) get a different class of stock with a preference attached. OTOH founders typically
795.
by eldavido 12y ago
There's no way to do so because that's not how the system is built. Queries require indexes, which require more I/O, some level of storage consistency across the system (so that the query can run against a single "snap&q
796.
by eldavido 12y ago
I've never encountered this but agree, that can lead to a real hell of branching. Do you dead-end your releases and then backport certain things from your mainline to previous release branches? Sounds like a headache but probably the b
797.
by eldavido 12y ago
How big is your team? I work in a company of about 20 developers with approx. 30 repos (lots of small services, "small program methodology") and trying to keep all of this in sync for a single release gets pretty tough. Right now,
798.
by eldavido 12y ago
I agree. I wasn't going to turn this into a general conversation about branching, but since others are going there... I really dislike gitflow for release-to-web projects. Any form of branching creates integration debt to be paid lat
799.
by eldavido 12y ago
I disagree with a lot of this. The guy is junior, this is stuff that can be taught on the job.
800.
by eldavido 12y ago
A few (hopefully helpful) comments: Resumes are sales documents; you're trying to convince someone to spend a lot of money paying you and hopefully investing in your skillset. Rather than think "is my resume good", reframe th
801.
by eldavido 12y ago
Re (1), the big story of late is the growing size of private equity funds and companies' ability to raise ever-growing amounts of money without going public. Digital Sky Technologies (DST) did some early investments in facebook that ar
802.
by eldavido 12y ago
Those don't apply to the general public. The problem is insider gets info -> calls his brother-in-law -> brother-in-law trades on early info. Illegal, but lucrative.
803.
by eldavido 12y ago
The test is "materiality": in case of information, will someone's knowledge of something (how many gong strikes took place) cause them to make a different investment decision about the company? 10 x $10 million gong hits per
804.
by eldavido 12y ago
This works in a world where "the need to have Internet access" isn't considered "unfair". We'll get there, but it'll take a while.
805.
by eldavido 12y ago
Technical nit: stock is equity, which is absolutely NOT a liability in the technical sense of the term. Generally liabilities are something that has to be paid back on a more-or-less predefined schedule; equity is more "permanent"
806.
by eldavido 12y ago
I agree, and would go farther by saying I'm against people who believe in selective enforcement of the law, for themselves or others. We live in a democracy, if you really feel strongly that a law is unjust or wrong, it's on you t
807.
by eldavido 12y ago
There isn't a lot going on creativity-wise but there is a lot operations-wise. Tightly measuring, controlling, and iterating on critical systems to eke out the last 1 or 2% is really important in mature industries like grocery stores
808.
by eldavido 12y ago
(American here) I'm not sure why we lionize "the common man" so much in the US. The entire subtext of the article is that (1) we should have a shared culture, (2) such a "shared national culture" should reflect the
809.
by eldavido 12y ago
Craigslist probably blacklists all of AWS, including Heroku.
810.
by eldavido 12y ago
I'm thankful and I'm not. On one hand, it's nice to know you're in-demand and can easily earn income. On the other hand, as a working developer, the subtext of a lot of this stuff is frankly pretty offensive. "Let&#

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