ironjunkie

12 ms·

61.
by ironjunkie 8y ago
I find it non acceptable that founders get out of LowBall acquisitions with a couple Million$ , while early employees that worked almost as much, will in the best case get out with 100k$, in the worst case nothing (depending on the shares c
62.
by ironjunkie 8y ago
This unfortunately is probably the untold goal of 80% of startups around the Bay area that have unsustainable business models. What I find ethically borderline is that no founders will admit this, they will all pretend their goal is to make
63.
by ironjunkie 8y ago
I agree and that's the issue when you compete and differentiate on price in the low market. The customers that subscribe, will do everything possible to save a couple $s.
64.
by ironjunkie 8y ago
If MoviePass represent let's say 50% of your customer and suddenly they remove your theater from the list, I will bet you will lose about 90% of those MoviePass customers, so you will lose about 45% of your customers. I have a MoviePas
65.
by ironjunkie 8y ago
you didn't really break even as you said it yourself you would only have paid for two movies out of the 15. The question is, do you really value the other 13 movies at (70$/13) a piece ? In my case probably not.
66.
by ironjunkie 8y ago
There is a lot of value in introducing new valid useful ideas. This is what Silicon Valley did 20 years ago. Now, the way a lot of people see it is as a set of elite smug overly-paid tech bros arrogantly trying to change every single unneed
67.
by ironjunkie 8y ago
From the Promissory note: > the principal amount of Six Million and Eight Hundred Thousand Dollars ($6,200,000) Is this a gross mistake? Or am I missing something ?
68.
by ironjunkie 8y ago
Also known as a "Bank Run". As soon as people think it is going bad, they go to squeeze their money out, making it even worse.
69.
by ironjunkie 8y ago
I think there is a growing sentiment of disdain of Silicon Valley and tech in general. And I can see why, and it is getting more and more justified. As this article states, that arrogance to think that everything should/can be "di
70.
by ironjunkie 8y ago
There is a disconnect here. When you make 10 times more money at Google than the average American and then start threatening to "Burn google down" if the free lunches go away, it looks like a scene from a different world to a low-
71.
by ironjunkie 8y ago
Thanks, This is a list of places I will try to actively never go again.
72.
by ironjunkie 8y ago
Only a small fraction of the products got that. Almost no product is getting organic spectacular growth. We overly remember the ones that do, but I would say 99% of the products are being created and funded without anyone knowing about it.
73.
by ironjunkie 8y ago
Do you get taxed on the free coke you get in the break room ? It just doesn't seem to work like that. It would also require to put a $ amount on the price of the "free" meal. Which would not make it free anymore.
74.
by ironjunkie 8y ago
I would agree with you, except that Slack promotes actively that culture of quick response and disruption. And I indeed blame that most work cultures took that in blindly without reflecting on what the impact would be. I see it as something
75.
by ironjunkie 8y ago
It also see it as a hugely successful marketing coup. As an early employee of a startup, I remember the day we had to setup the initial infrastructure. For the majority in the room, Slack was an absolute requirement. They didn't wanted
76.
by ironjunkie 8y ago
When is this overhype for Slack going to stop? It is a chat application with a slightly improved UI like it existed 30 years ago. This is a step in corporate IT that I really cannot fully understand. It seems that every company//s
77.
by ironjunkie 8y ago
I don't think it works like that. Do employees today get taxed on the value of the free food ? Why would that be different if it costs 1$ , and how do you define the value of the free food anyways ?
78.
by ironjunkie 8y ago
This is one of the most stupid policy I have ever seen in the bay area (and there are a lot of stupid ones over here). As much as I dislike some of the big tech cos and the TechBros working there bragging about the free food all the time, I
79.
by ironjunkie 8y ago
What you suggest is pushing the line little by little until it is way too late and it got way too far. The line should never be pushed to start with.
80.
by ironjunkie 8y ago
No actual Worse outcome? What will happen the day Facebook will start censoring any pro-gun content? This slippery slope will create an even bigger divide in society. As soon as you decide that some content is forbidden and off limit, peopl
81.
by ironjunkie 8y ago
I agree, and DNA is actually very easy to collect without the owner's consent. How can this be solved though? A model where DNA is only shared if you want to, and where you fully remain in control of your data.
82.
by ironjunkie 8y ago
There are huge benefits, I agree with you. My concern is that 23AndMe is a for-profit company advertising the huge benefits in order to push a for-profit agenda. What I would like to see is some tighter regulations around all of this: No sh
83.
by ironjunkie 8y ago
Maybe today, but you need to imagine in 5-10 or 20 years when we will be able to statistically decide if you are a lier, lazy, strong etc etc. A lot of things remain a mystery in our body, especially in our brain. I'm definitely not co
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by ironjunkie 8y ago
I have more faith in a company such as GSK that takes data and privacy seriously than a company like 23&Me running mostly by silicon valley Kids that "Go fast and break things".
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by ironjunkie 8y ago
I don't want to spread FUD but why would ANYONE in their right mind give their DNA to a company in Silicon Valley that is explicitely using Google as a model for Data privacy ? (The founder of 23AndMe is the ex-wife of Google founder).
86.
by ironjunkie 8y ago
there are literally 60+ startup distributions that try to sell a "distribution as a service" for the upstream code that is free. I think most if not all of them will fail, and as usual, the big 3 or 4 will win the market (if I had
87.
by ironjunkie 8y ago
Did he ? Last two paragraphs : > Now what? Are you staying? I honestly don’t know. > If I do leave, I promise to be open and honest. On twitter he is still listed as at Facebook, and Wikipedia is unclear.
88.
by ironjunkie 8y ago
Do you really believe that Facebook is giving a platform to the extreme right ? If one thing should be clear to everyone is that Facebook got a very clear Leftist bias, as pretty much any company in Silicon Valley. Whenever they will make
89.
by ironjunkie 8y ago
Ok, thanks I got it, you are bundling everything into a VMWare image, that boots ready to use. Is it fair to say that this is similar to Canonical Ubuntu MAAS + Juju Kubernetes? I'm sure that Red Hat Openshift must have something simil
90.
by ironjunkie 8y ago
Thanks. I agree that lift and shift never happens easily in real life. That being said, why would I not use the actual free upstream Kubernetes for my on-prem distribution ? (with the help of one of the thousands installer out there like ku

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