fsk

12 ms·

91.
by fsk 11y ago
Suppose an investor pays $100M at a valuation of $1B with a 1x liquidation preference. Then the REAL valuation of the business is not $1B. It's whatever the investor would have paid for COMMON shares.
92.
by fsk 11y ago
You missed the biggest criticism of Warren Buffet regarding taxes. Warren Buffet argues for high estate taxes. Bershire Hawthaway makes a lot of money buying family-owned businesses worth ~$100M, who are forced to sell due to the estate ta
93.
by fsk 11y ago
You're probably going to have to switch jobs to get anything better. You can try your own startup, but that also is hard. 1/500 options are nothing. When they raise money, you will be diluted. So if you have 0.5% now, you might
94.
by fsk 11y ago
I started working on some side projects. I noticed something really interesting. I can get more done in 15 minutes of side project work than on a full day of regular work. That's because, on my side projects, I'm not cleaning up
95.
by fsk 11y ago
One way to answer is "I'm looking for $X." If they ask for your current salary, you then say "I'm looking for $X." However, this only really matters if you're applying for a job at a salary much higher th
96.
by fsk 11y ago
That's an important point. Why Google executives waste money on something cool-seeming that goes nowhere, they aren't wasting their own personal money, they're wasting the shareholder's money. Maybe Google shareholders
97.
by fsk 11y ago
Initially, Bernard Madoff made money honestly by trading in penny increments when everyone else was trading 1/8 and 1/16. When the exchanges decimalized, he couldn't make money that way anymore, and switched to his Ponzi. In
98.
by fsk 11y ago
Instead of selling it for $20 and charging $5 shipping, they're selling it for $5 and charging $20 shipping. I might get a PocketChip eventually. It seems like a viable competitor to the Open Pandora. I've heard about enough fail
99.
by fsk 11y ago
Why was Bernard Madoff able to run his Ponzi scheme for so long? Why are the "best" leaders people with evil tendencies? Is that a universal law, or a symptom of a deeper problem?
100.
by fsk 11y ago
I never understood the excitement for grunt/gulp/etc. People are reinventing Makefiles.
101.
by fsk 11y ago
>1) I have ~50k vested shares of stock (options?) but don't have any paperwork other than our original contract which says something about the next board meeting, it's all rather confusing. Nope, you have nothing. Zero. You g
102.
by fsk 11y ago
One approach: Pick a simple project that you completed in a language you know. Now try to do it in C. C isn't good for CRUD webapp type stuff, though. For example, if you tried to write a C program that processes a GET request, does
103.
by fsk 11y ago
Starting with the easiest: boolean logic, boolean algebra What does O(n) mean? The compound interest formula matrix/linear algebra, numerical analysis The statistics behind A/B testing numerical approximation of a derivative, inte
104.
by fsk 11y ago
For Atari, most of the games were written by one person, which leads to lots of potential creativity. Also, there weren't as many established games to copy. For an AAA game, it's a big budget. To minimize risks, you have to make
105.
by fsk 11y ago
xor is the solution that uses the least storage I heard a variation of that question that began "using the least possible storage space...", with the goal being to find the xor solution. The arithmetic solution also has problems w
106.
by fsk 11y ago
Most interview questions can be summarized as: 1. Have you heard this question before? or 2. What number am I thinking of? You'd be surprised how often (2) comes up. The interviewer is looking for a specific answer, and any other answ
107.
by fsk 11y ago
>8. Find one missing number from 1 to N. That's a horrible interview question, because it's easy if you know the arithmetic/xor trick. If you haven't seen it before, it's harder than what you'd expect a can
108.
by fsk 11y ago
I'm having a hard time finding humans who can pass the Turing Test. Try explaining to someone "Taxation is theft!" or "Inflation is theft!" and watch their brain shut down. It'd be really hard to get an AI to
109.
by fsk 11y ago
This isn't really a prisoner's dilemma scenario. Why does everyone try to match a scenario to Prisoner's Dilemma when it doesn't fit. Consider the payoff matrix for the employee: Employee finds a new job, old employer f
110.
by fsk 11y ago
Your best option might be "Write this off as a learning experience and get a better cofounder next time." Since you're clearly desperate, even if you do raise money, it's going to severely dilute your equity. Do you walk
111.
by fsk 11y ago
If you want no ads, no drm, and a library that covers every movie and tv show, your only option is a "filesharing" website.
112.
by fsk 11y ago
Actually, there's a competitive advantage to being dishonest if you're close to insolvency. If you admit that you only have 2 months of runway left, your employees will start shopping around. You'll lose your best employees
113.
by fsk 11y ago
They missed the more common trick - send one of the trailing trains express to fill the gap. That only works when you have an express track or 3 tracks. That's why I thought it was boneheaded for the NYC MTA to switch from 3 tracks to
114.
by fsk 11y ago
Why was your investor only putting in capital one month at a time? Shouldn't he have put in enough to finance your first batch of hardware? I.e., if you knew it would cost you 12 months' expenses to make your first batch, the inv
115.
by fsk 11y ago
Find a page with a CSS problem (even bonus points if it's for work). Then, use a web debugger to identify and fix the problem (Firebug or Chrome). As someone else said, write your own responsive grid from scratch. Try writing a respo
116.
by fsk 11y ago
+1 for piwik IIRC, piwik works two ways. One with a tracking cookie like Google Analytics. Another is with a tracking pixel on every page. (When they load the pixel, it registers a pageview.)
117.
by fsk 11y ago
The best way to improve the "Who is Hiring" posts is to require searchable metadata in posts: Name: xxxx Location: xxxx Url/E-Mail to apply: xxxx Remote: yes/no Technologies Used: xxxx Required experience: Are candidates
118.
by fsk 11y ago
Even for MMO games, the freemium pay-to-win games are a lot more popular than the straight subscription games.
119.
by fsk 11y ago
>Self driving cars are fast approaching. Will anyone beat Google at this? I never understood this one. What do self-driving cars have to do with Google's core business (search and advertising)? It sounds more like Google executive
120.
by fsk 11y ago
My employment options aren't as great as you say, because: 1. There are lots of languages, frameworks, and tools. For each job interview, I'm expected to already be an expert in whichever ones they are using. 2. I'm already

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