gen220

16 ms·

211.
by gen220 2y ago
I don’t remember where I read this, but I remember reading recently how somebody justified their decision to leave “the city” to move to a rural area, with the phrase “I was tired of competing with my neighbors”. I they were trying to conve
212.
by gen220 2y ago
I think they're being sarcastic because reducing the tradeoff to "a small bit of your equity" in exchange for "100x MRR" is misleading, to the extent that it reads as sarcastic ignorance. FWIW, I vouched your origin
213.
by gen220 2y ago
It is until it isn’t. The value of prime has largely being hollowed out and competed away in the last five years, from my perspective as a recently-cancelled Prime member. When the next recession comes, look for the diff in churn rate betwe
214.
by gen220 2y ago
There was no explicit trade of stock for tour. The investment by Xerox in Apple happened before such a tour, for entirely separate reasons. There was another Apple exec who was managing pre-IPO external investor interest. There isn't a
215.
by gen220 2y ago
He's famous, so his view is the one that's most commonly regurgitated, but that doesn't make it the most correct one. Steve's point of view is one point of view, in a story that involved ~10 people. When you hear the sto
216.
by gen220 2y ago
Do you think that people who are self-consciously underperforming in a role are happy? Do you think their team is happy? In software, if you aren’t a complete lemon, you’ll have no trouble finding a new company, hopefully one where you can
217.
by gen220 2y ago
I think this is the root cause of most problems. No hiring process has a zero false positive rate. A company needs to be able to fire people quickly and humanely, otherwise good people will leave and you have a mediocracy / Peter princ
218.
by gen220 2y ago
Do you know if Hermes is OK with people purchasing with intent to immediately resell? I think I remember reading that people have "gotten in trouble" (i.e. block-listed from future sales) for being suspected of this, but I might b
219.
by gen220 2y ago
I live and drive in the U.S. and the perception of what counts as being “cut off” is regional and correlated with density. A maneuver that’s perfectly acceptable in NYC can earn you an angry honk in the suburbs. For better or worse, in larg
220.
by gen220 2y ago
I’d say read the first chapter. If it doesn’t excite you at this point in your career it might not be for you and that’s ok. I’d say it’s actually more valuable to people with programming experience. It gave me a greater appreciation for so
221.
by gen220 2y ago
I also often think about this. "Animism" was a super efficient way to program a culture for respect towards nature. From that perspective it's a shame that it's gone. I'm hopeful that with all this research, we&#x27
222.
by gen220 2y ago
I think you're right that it would require a revolution, but we've had those before and come out OK, so it's not so far-fetched or scary as it sounds. It's definitely not going to be voted into law by any local or state
223.
by gen220 2y ago
That's good! As long as there's mutual trust, honesty and transparency are always the best strategy. Wishing you the best on your fundraise!
224.
by gen220 2y ago
> I think a part of the problem is that if you've chosen a market where VCs do want to invest, and you decide not to take their money, someone else is going to take it, build and grow faster than you, and out-compete you into the gr
225.
by gen220 2y ago
I will happily die on the hill that the marginal utility at $200k vs $700k is a pure function of your lifestyle, even in high cost-of-living areas (I live in one of the highest!). Your choice of adjectives "modestly", "fairly
226.
by gen220 2y ago
That's pretty much exactly the calculation I'm positing. But actually with an even earlier terminus (late 30s or 40 at most). Assume an "effective" average pay (i.e. "net" pay + retirement and other deductions,
227.
by gen220 2y ago
I often think about how if more people understood the median cap table life cycle from Seed to Acquisition/Shut-down/IPO, there'd be half as many VC-funded companies and twice as many bootstrapped companies every year. Thank
228.
by gen220 2y ago
I think one component of their point is that the marginal utility of money beyond $200k/year cash comp is quite small, especially if you (1) came to tech early in life (2) plan on staying in it for most of your working life. With that
229.
by gen220 2y ago
You should be candid with them that you're uncomfortable with the cash portion of your comp. 5% is an unusually high % of equity, the founders likely assumed you were happy to trade-off cash for equity. Series A is usually a dilutive r
230.
by gen220 2y ago
Not necessarily, you just might not build 100% of your eventual home immediately. It used to be (i.e. prior to the postwar expansion of credit to the American consumer) pretty common to build a "starter home" that was intended to
231.
by gen220 2y ago
Not endorsing the view, just sharing lines of reasoning I've seen. Paying money to the bank implies you financed your purchase of a home. This is not necessarily a morally-neutral activity, it's in fact nuanced but we've don
232.
by gen220 2y ago
You've clearly thought about this more than I have, so I'm curious about how you consider whisky (or other alcohol) fitting into the sixth order? It stores well, will not be trivial to resume production post-apocalypse, and is val
233.
by gen220 2y ago
There are lots of technical reasons why web apps are slow, and this is a technical site so, as a community, the discourse tends to over-index on "react/electron/python/whatever is slow". But these are the messy huma
234.
by gen220 2y ago
A friend of mine with interesting parents had an experience like this, except it was planned by her father! He told her they were going somewhere together, then dropped her off at a random metro station and told her if she couldn’t make it
235.
by gen220 2y ago
Sudoku is such an apt metaphor, thank you! If I can extend it a bit: sometimes when you start a new job, the board state you inherit is actually subtly invalid (i.e. it will lead to an unsolvable solution), and you have to figure out the sm
236.
by gen220 2y ago
Maybe you don't realize, but a well-done interview isn't a test, it's a conversation. You can absolutely ask clarifying questions to help shape your answer (this is something I always remind people of in interviews, personall
237.
by gen220 2y ago
https://diskprices.com yields https://www.amazon.com/dp/B0C363Y5BQ , fwiw. (16TB for $129.99 at time of writing)
238.
by gen220 2y ago
Patrick Collison interviewed Sam Altman in May 2023 [1] In the intro, Patrick goes off-script to make a joke about how last year he'd interviewed SBF, which was "clearly the wrong Sam". I'm eagerly waiting for 2025, when
239.
by gen220 2y ago
Can you post this as a new submission? I want to read knowledgeable peoples' responses to it! :) Viruses are incredible. This video does a great job of illustrating how HIV in particular seems to hijack so many essential systems. I now
240.
by gen220 2y ago
It used to be that when you moved from point A to point B (for retirement, career-change, whatever), you'd sell your home in A and buy a home in B. Modern communications + financial tech have converted homes into cash-flowing assets th

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