jy1

9 ms·

31.
by jy1 4y ago
Sometimes its team specific. E.g. Recruiting team if you plan on a hiring freeze for 12 months etc.
32.
Uber Was Hacked Today(twitter.com)
2 points by jy1 4y ago|1 comments
33.
by jy1 4y ago
You can report everything to the taxman. Wash trading in this context isnt to do with taxes. Its about how you hard it is to verify claimed sale prices since you can transact with yourself.
34.
by jy1 5y ago
You can see in the receipt how it says "high demand" next to technology fee :). I don't have an article, but I used to work for a major rideshare co, hence the industry knowledge.
35.
by jy1 5y ago
The cost charged wasn't for the technology. Taxis and cabs are regulated with fixed time/mileage rates. Uber isn't. It can charged dynamic pricing. The work around for Taxi apps is to shift this dynamic price into the "t
36.
by jy1 5y ago
Also consider that YC at the start had few companies per batch. Also a tonne of large acquisitions.
37.
by jy1 5y ago
That link is wrong. It's closer to $20b. https://www.bloomberg.com/news/articles/2021-05-11/ginkgo-sa...
38.
by jy1 5y ago
Another way to think about this is: Traditional IPO underwrites are fairly risk adverse. They will value "high risk" companies in certain ways. E.g. How would you value a self driving company with 0 revenue? For bankers? pretty co
39.
by jy1 5y ago
It's not "hard tech" per se. Rather it's companies that are (essentially) pre-revenue and/or pre-product. E.g. Ginko did $100m in rev in 2021 and is at a 20B market cap. Why would a company do this? Simple: Money. S
40.
by jy1 5y ago
The SPAC sponsors burden the risk, not the bankers.
41.
by jy1 5y ago
Regular bankers dont want to IPO hard tech companies. SPACs are great for hard tech with future revenues.
42.
by jy1 5y ago
Hi Peter, for visas for YC Founders. Have you heard about passright? or do you recommend working with a lawyer directly? Interested in O1 or IEPP. (but open to other options)
43.
by jy1 5y ago
My experience on the credentials: You need a trusted 3rd party to certify that your degree is equivalent. Your lawyer should be able to find the right certifier. e.g. https://www.naces.org
44.
by jy1 5y ago
I'm a current YC founder. Looking to apply for either the O1 or IEPP. Is there even a rough sense of the timeline for IEPP? Can I apply for both while on the visa waiver?
45.
by jy1 5y ago
Keep in mind "traditional" car rentals are one of the most hated places to be. Not much better.
46.
by jy1 5y ago
Having 20 minutes downtime is very common. Plenty of time to charge.
47.
by jy1 5y ago
I think Waymo is valued 4x Chrysler right now. More likely Waymo acquires a car company.
48.
by jy1 5y ago
Lyft was already public for them.
49.
Ask HN: LLC now, Delaware corp later?
4 points by jy1 6y ago|1 comments
50.
by jy1 6y ago
Gold price dictates how many shovels are being sold. Similarly BTC prices dictates gross volumes.
51.
by jy1 6y ago
Not true - you can get logged out for inactivity, but you will never get banned or "fired"
52.
by jy1 6y ago
To clarify, "Rating" is generally accepted as the "star rating" or some other statistics that users will see. Yes your "acceptance rate" will be affected, but this is a vanity metric that is secret to the drive
53.
by jy1 6y ago
Did you even read these? Give me a single line that supports your assertion here.
54.
by jy1 6y ago
Gig platforms neither decrease your rating / deplatform you if you decline work.
55.
by jy1 7y ago
When you get paid $200k/yr right out of college, who's complaining?
56.
by jy1 8y ago
This isn't about a 30% take rate on IAP (that's fine). This isn't about apple having apple music. The problem is that Spotify is not allowed to take credit card input directly in the app. The problem is that Spotify isn'
57.
by jy1 8y ago
Average order is closer to $20. Uber then takes up to 30% cut on the food cost.
58.
by jy1 8y ago
Don't they split the prize if there are multiple winners? How can they ensure +EV? They could spend money to buy every combination but split the jackpot with multiple winners? Am I missing something?
59.
Ask HN: Entrepreneurship for “Operators”?
3 points by jy1 8y ago|0 comments
60.
by jy1 8y ago
Eats is the biggest success for uber besides ridesharing. It's got huge potential.

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