joshjkim

21 ms·

121.
by joshjkim 12y ago
From what I heard, they are 100% bootstrapped, no VC money at all.
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Yelp Acquires Eat24 ($134M)(forbes.com)
2 points by joshjkim 12y ago|1 comments
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by joshjkim 12y ago
As a follow-up: here's sample language from a founder stock purchase agreement (from orrick's start-up forms - https://www.orrick.com/Events-and-Publications/Documents/197... ), where you can see it liter
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by joshjkim 12y ago
I think your overall thoughts on not-always-aligned-interests is really key to understanding the IPO process (or really any process..): when a company goes public, it's really a product being sold by the underwriter's sales team,
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by joshjkim 12y ago
Practically, it's really less an incentive than a requirement imposed by the shadow of the future/hypothetical IPO and its future/hypothetical underwriter's strong preference (read: requirement) - even at incorporation w
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by joshjkim 12y ago
I agree - it's not good, but to be horribly cynical about it China (and it's local chip manufacturer lobby) is just optimizing: as long as they can squeeze Qualcomm without pushing them out entirely, it's effectively the same
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by joshjkim 12y ago
Hard to say without knowing more - how big is your team currently, and what specific engineering positions are you hiring for? Have you gotten any feedback on why engineers are passing?
128.
Battle begins: Employee v. Contractor(reuters.com)
2 points by joshjkim 12y ago|0 comments
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by joshjkim 12y ago
I mean, this is the best. Here's my random tip: I have this copy/pasted into an e-mail so that I can forward to friends and random people when it comes up - easy way to share such an insanely valuable read.
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by joshjkim 12y ago
I agree - I think his TV example is a little over-simplified, especially given the enormous range of quality and content available. Some of the best story-telling is taking place in between commercials these days, just like Dickens and Elio
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by joshjkim 12y ago
I like this article - agree with the others that it gives the luddite concept a little too much love and doesn't properly recognize the huge benefits of mass media and tech, but still, the basic realization that self-determination in t
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The Economist on On-Demand(economist.com)
4 points by joshjkim 12y ago|0 comments
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by joshjkim 12y ago
Hm, I can't disprove what you are saying outside of my own experience but I'm also not sure you can prove that all value decisions are arbitrary. Aside from the fact that such conclusion (which I assume is based on logic/rati
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by joshjkim 12y ago
Hm - ya, I guess I didn't make it clear enough but I think Uber is net-positive to society, to be sure, no questions asked. How many businesses in the past 30 years have created that many $25-$35/hour jobs that allow for huge flex
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by joshjkim 12y ago
Without getting too cheesy: I think the gods have spoken through the apparently "irrational" existence of (sorry for the cheesiness!) love, which I define as the the active valuing of other life as more valuable than or at least e
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by joshjkim 12y ago
Totally agree - and I think belief in arbitrariness seems to always lead to either (1) self-interested action or (2) indifference to others - in other words, selfishness, either active or passive. I'll avoid a Christian-love-based-rant
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by joshjkim 12y ago
For sure - Gandhi (and pretty much anyone who we consider to have "changed the world" - MLK, Steve Jobs, etc.) fits a lot of the uberman characteristics - hence my note re: the fact that the uberman is actually viewed as a positiv
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by joshjkim 12y ago
This reminds of a thought I had a few months ago: how have there not been more thought pieces relating Uber-the-business's recent/relentless PR-debacles to Nietzsche's Ubermensch concept? I guess I'll give it a go. Uber&
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by joshjkim 12y ago
I think an interesting place to start would be trying to break the UCC down into a numbers/data based system. Similarly, it would be interesting to try and take a relatively conventional transaction (incorporation documents, convertibl
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by joshjkim 12y ago
Definitely interesting, and in a few cases I have built this internally for myself before and it generally is useful (key phrase) when it can be built. I did this primarily to keep track of (1) defined terms (each place a defined term is us
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Postmates API + Partnerships(venturebeat.com)
1 points by joshjkim 12y ago|0 comments
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by joshjkim 12y ago
A few early-stage-company-related thoughts (in no particular order). Some prelim. thoughts: Maximizing shareholder value is accomplished by increasing the value of shares, and presumably share value is the most widely-agreed-upon way to val
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Rising Conservatism in SV(pando.com)
7 points by joshjkim 12y ago|1 comments
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by joshjkim 12y ago
For what I think are probably good reasons, they moved the comments here: http://www.theatlantic.com/business/archive/2014/05/how-to-c... However, I want to just (happily) note that most of the comments