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gbelote
searching PlanetScale…
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31.
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Startup Workaway: Hawaii. 18 hackers. 10 days. 1 beach mansion. (4 free slots)
(startupworkaway.com)
21 points
by
gbelote
12y ago
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7 comments
32.
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gbelote
12y ago
Have you heard of https://leadgeni.us/ ? I haven't used them myself but have heard good things. It might be helpful for you, depending on what it is you're trying to sell.
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Zenefits (YC W13) $500m Series B: 4,000% unrealized return to Wefunder investors
(wefunder.com)
5 points
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gbelote
12y ago
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0 comments
34.
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gbelote
13y ago
It's all about regulation, you're right there are legal challenges. The JOBS Act does reform these regulations to make it possible but the SEC has stalled progress for about 1.5 years. That said, it's looking pretty likely th
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by
gbelote
13y ago
Thanks, Chris! I wish I could've invested in Oculus, I've been bullish on VR ever since I was 12.
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What if Oculus Crowdfunded for Equity? 145x Return
(wefunder.com)
10 points
by
gbelote
13y ago
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4 comments
37.
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gbelote
13y ago
The rules are indeed a little ridiculous, especially when juxtaposition against gambling. The distinction is in the process of being removed with the JOBS Act. It was signed into law in 2012 but the SEC has been slow to enact the regulation
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gbelote
13y ago
I like the Experiment.com brand name so much better, as cool and quirky as Microryza was. Congrats on a good find and sane price!
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gbelote
13y ago
One cool technique I saw recently (which isn't always applicable) is from a talk by Jason Cohen: http://vimeo.com/74338272 (around minute 7) In a nutshell when he was building WPEngine he went to LinkedIn and found fol
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by
gbelote
13y ago
pg was already planning to run this conference before the whole press thing happened. See http://paulgraham.com/wids.html (towards the end)
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gbelote
13y ago
Balanced is a great service. We use them at Wefunder and are very happy with their product and customer support. They're worth checking out, especially if you want to do ACH.
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by
gbelote
13y ago
How is blaming Google employees any more righteous than blaming gays for wanting to live in Oakland and driving up prices? How is bullying in general a better strategy than attacking the root of the problem – conservative zoning policy? It
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When It Pays to Prove Yourself Wrong
(fool.com)
1 points
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gbelote
13y ago
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0 comments
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by
gbelote
13y ago
Someone posted Loop in another thread: http://www.kickstarter.com/projects/loop/pay-with-loop While not as close to Coin as Wallaby and Echo, it feels like it belongs in the group. Can't wait to see these all
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gbelote
13y ago
It's impressive to see the collection of Coin competitors hit the HN frontpage and comments today. Best of luck to all of them!
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gbelote
13y ago
Thanks!
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We've dropped our minimum investment To $100
(wefunder.com)
5 points
by
gbelote
13y ago
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2 comments
48.
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by
gbelote
13y ago
One of the more pleasant surprises having read through the SEC's proposed rules is how much they make an effort to get feedback from the community. It's nice to see a little humility in government and encouraging that we can influ
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by
gbelote
13y ago
We actually have 35 unaccredited investors in Wefunder and they have been valuable investors, some have been a lot more helpful than some of our accredited investors. A crowd of investors doesn't have to be all strangers and randos. Th
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gbelote
13y ago
> Obviously "healthy, high-caliber" means different things to different people. That's true, there's definitely subjectivity here. I make the assumption that YC companies are a proxy for "healthy, high-caliber&qu
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gbelote
13y ago
That excerpt is taken out of context but to respond to the point you make: that's why there are income-based caps to how much you can invest as an unaccredited investor.
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gbelote
13y ago
That's what many critics said before 506(c) but that's not how the market is behaving [1]. There's more value to a crowd of investors than easy dumb money, and I don't see why the personal wealth of an investor really ma
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by
gbelote
13y ago
The SEC has enough power to shape regulation to neuter some of those clauses. For instance, they're able to apply the $1m cap to fees collected by the portal (not amount raised) or add exceptions for certain types of offerings. [1] So
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by
gbelote
13y ago
I'm really excited that we've made it to this point. The implementation of the full JOBS Act has been on the horizon for over a year and I think it has a lot of potential to do good. That said, I'm nervous about overzealous r
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The Flying Car Tries Crowdfunding
(cartalk.com)
2 points
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gbelote
13y ago
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0 comments
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by
gbelote
13y ago
One of the cool things about your car and plane being the same is when weather gets shady you can always land and drive. This makes it easier to make the safe choice - not flying through bad weather.
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The Terrafugia Flying Car
(wefunder.com)
22 points
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gbelote
13y ago
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3 comments
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by
gbelote
13y ago
> From the standpoint of a founder, I know that raising small chunks of money from lots of investors is more likely to be problematic than it is likely to be beneficial. There are numerous logistical and legal downsides to this. We'
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gbelote
13y ago
Yikes - thanks Paul! Adding more dynos now...
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by
gbelote
13y ago
You need an income of $200k/yr ($300k/yr if married) for at least two years, or a wealth of over $1m (excluding the value of your primary residence).
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