jalonso510

24 ms·

61.
by jalonso510 11y ago
Recovering startup lawyer here.... The terms they are pointing out here are basically the same as you'd find in any equity financing post seed round. Seems strange to flag such common terms as evidence that there's something stra
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by jalonso510 11y ago
Will be really interesting to see how insurance is priced for these cars.
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by jalonso510 11y ago
"A takeover of Salesforce, which had a market value of nearly $44 billion as of Monday’s close, would be the largest ever of a software company" There are only a few companies out there who could do this...
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by jalonso510 11y ago
If you're translating into text that's meant to be readable, it seems like you need to add a few items to your dataset that give additional information on natural language. For example, I added some information in the example belo
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by jalonso510 12y ago
This is a case where I see the outrageously high valuation and really do think it's reasonable. They're allegedly adding $1m in annually recurring revenue every 11 days, which is just phenomenal for this young a product. They&#x
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by jalonso510 12y ago
Really like that they added a way to store time intervals as python timedelta objects. Previously i think the best approach was to store a number of seconds as an integer and then calculate the number of minutes, hours etc.. yourself.
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by jalonso510 12y ago
Jury answers "no" on all claims.
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Jury Reaches Verdict in Ellen Pao, Kleiner Perkins Case: Not Guilty(blog.sfgate.com)
3 points by jalonso510 12y ago|1 comments
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by jalonso510 12y ago
Would be really interested to see how big an effect the massive doubling down on Twitter and Uber had vs. if he had just been an a more normal super early investor. Did he generate the over the top amazing returns mainly by being first int
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by jalonso510 12y ago
It would be a pretty rare company that is willing to revise their stock option plan in response to a request from a potential employee. They'd have to take the request to their board for approval, then also get a vote of the stockhold
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by jalonso510 12y ago
This is the approach you see with the documents at www.seriesseed.com. They strip out a lot of the fluff and combine the remaining items down into just two documents. They're pretty good and can accomplish what you're asking abo
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by jalonso510 12y ago
In practice, Section 2115 doesn't change much of how a DE company in CA operates. Every experienced startup lawyer routinely represents DE companies in CA and knows the few places where you need to think about Section 2115, so this ha
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by jalonso510 12y ago
The decision about where to incorporate shouldn't just be about taxes - you're signing up for a body of corporate law and procedure and the differences can have a big impact. And CA vs DE is just night and day in terms of user-fr
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by jalonso510 12y ago
>>On the other, writing code for 8 years as a single founder is right about the definition of doing things that don't scale, which is a good thing. Doing things that don't scale isn't good in and of itself - it's j
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by jalonso510 12y ago
he had a really great one for a long time but sadly i don't think its up anymore.
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by jalonso510 12y ago
Agree with all of this. But on your point about convertible notes not giving governance rights that can hold up a future financing - even though this is true from a technical perspective, in my experience the later round investors will ins
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by jalonso510 12y ago
Venture capitalists sell the founders capital and do pretty well. Same with lawyers selling them legal advice. And landlords selling them office space and housing.
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by jalonso510 13y ago
When valuations get this high the dilutive impact on the founders is actually pretty low. $500m at a $10b pre-money valuation, means they only sold 5% of the company, which is a much smaller dilutive impact that even a typical seed financi
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by jalonso510 13y ago
have you tried something like www.gmap-pedometer.com? that's how i plan my routes and I've been pretty happy with it.
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by jalonso510 13y ago
"We fund companies at all stages, from just the faintest idea to post-Series B" Does this mean that (i) YC will continue to invest in it companies up through their later rounds, or (ii) that YC will actually participate in a Serie
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by jalonso510 13y ago
"if employees are getting diluted for fucking executives then you, sir, are a fucking asshole and deserve to lose all the talent you have." how else would this work? all new option grants dilute all current stock and option holder