lpolovets

12 ms·

31.
by lpolovets 3y ago
From the article linked in the first paragraph: "The legislation — the first bill of its type across the state — would prohibit advertising a price for a good or service that does not include all required charges other than taxes and
32.
by lpolovets 3y ago
I love this speech every time that I read it. There are a ton of examples of cargo cult thinking in the startup ecosystem. I wrote a post about this a few years back: https://www.codingvc.com/p/startup-cargo-cults-what-
33.
by lpolovets 3y ago
Interesting, thanks for sharing! Just tried again at https://llama.perplexity.ai/ and it worked better this time. I still got the first paragraph about how "non-investor" is a discriminatory/exclusionary term
34.
by lpolovets 3y ago
This was a pretty disappointing initial exchange: > what are the most common non-investor roles at early stage venture capital firms? Thank you for reaching out! I'm happy to help you with your question. However, I must point out th
35.
by lpolovets 3y ago
https://www.codingvc.com/ I mostly write about startups and fundraising from the POV of an engineer turned VC. The posts have gotten much less frequent over time, but I have a few good drafts that I hope to publish by the e
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by lpolovets 3y ago
Hey Steve! One more thing re: drawing attention: you're drawing the attention of people interested in the same topic, and often thinking along similar lines as you. And that's a fun community to connect with, even if you're n
37.
by lpolovets 3y ago
The Profit* is pretty interesting. It's like the shows where Gordon Ramsay goes into failing restaurants and tries to turn them around, except here the show's host tries to fix all kinds of local businesses. It's not about te
38.
by lpolovets 4y ago
I’m a little unclear on what subscribing means in the context of Notes + Newsletters. Does subscribing to someone in the Notes product mean I’m also subscribed to emails from the person? If so, that’s not a great dynamic — I’d like to follo
39.
by lpolovets 4y ago
I interviewed at Google almost 20 years ago, and Bob was one of 5-6 interviewers that I had. I don't remember the other interviewers, but I remember Bob. He was very high energy, and posed a really fun, original question about selectiv
40.
Lindy: AI Personal Assistant(lindy.ai)
5 points by lpolovets 4y ago|2 comments
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Cash management for early stage startups(codingvc.com)
65 points by lpolovets 4y ago|13 comments
42.
by lpolovets 4y ago
Simplicity is definitely part of it! But the value/price alignment piece is also important. Take Hacker News. If they charged $50/mo, I'd pay that. But if HN charged $1 per homepage visit, I'd start visiting a lot less.
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by lpolovets 4y ago
IMHO the key to usage-based pricing is that the usage metric that pricing is based on must always be a fraction of the value metric in the customer's head. Otherwise customers start thinking about how to game the pricing system, which
44.
by lpolovets 4y ago
Text Blaze (YC W21) has saved me about 50 hours over the past 18 months. They reduce repetitive typing across websites. For example if you have a common format for bugs you're filing, or LinkedIn messages or emails that you're sen
45.
by lpolovets 4y ago
I think the toughest part ends up being the time between when you leave your job and when you raise your first funding round. That could be a 1-2 month gap, or it could be a year. Best advice there is that you can probably do some of the in
46.
by lpolovets 4y ago
VC here. If you're building a bootstrapped business, then starting as a side project and building up revenue until you can go full time is probably the way to go. If you're going the venture-backed route, I think there's a mi
47.
by lpolovets 4y ago
I started browsing https://www.genealogy.math.ndsu.nodak.edu/ after reading this post. Some of the genealogies are wildly impressive. For example: https://www.genealogy.math.ndsu.nodak.edu/id.php?id=38586 B
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by lpolovets 4y ago
This is how VC firm halos work. When Sequoia or Benchmark invest, tons of investors want to squeeze into the round -- almost regardless of the fundamental attributes of the company.
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by lpolovets 4y ago
I closed my PayPal account immediately when I saw this. I'll stop using Venmo, too, just in case, since they are PayPal-owned. If you care about freedom of expression, there are enough good payment providers out there that switching sh
50.
by lpolovets 4y ago
This statistic is a pet peeve of mine because it's so misleading. 1) Something like 30-40% of people in the world have a negative net worth. For example: if you graduate college with loans, your net worth is negative. That means anyone
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by lpolovets 4y ago
I have a close friend who lost their father to brain cancer ten years ago. To this day, whenever she watches a movie or tv show with an old man dying in a hospital bed, she starts crying uncontrollably. It's very sad, and I feel for he
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VC fund decks that close LPs(signatureblock.co)
9 points by lpolovets 4y ago|0 comments
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Spell. It. Out(codingvc.com)
23 points by lpolovets 4y ago|2 comments
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by lpolovets 4y ago
I don't think VC is at all like a Ponzi scheme, even thought most VCs depend on there being a "next investor in line." That dependency is not because we're looking for a sucker to shift a bad investment onto, but because
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by lpolovets 4y ago
I agree. The aversion to down rounds feels mostly psychological and overblown to me.
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by lpolovets 4y ago
US
57.
by lpolovets 4y ago
I agree, I think this is an inefficiency. But it's a tough one to correct because startups are a repeated game, and everyone's worried about upsetting people they'll have to keep playing with. I think the logic is "I lik
58.
by lpolovets 4y ago
(Context: I'm a VC) Some great points in the post, but I also see a few additional dynamics at play: 1) The last 10 years have been great for VCs and startups, but now VCs are thinking about how to make their funds last longer. Two rea
59.
by lpolovets 4y ago
Jonathan Schaeffer, who led programming on Chinook, wrote a book about the history of Chinook, the matches with Marion Tinsley, and checkers in general. I read it a while back and thought it was excellent, although it seems like cheap book
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by lpolovets 4y ago
I've found it very worthwhile to have a blog ( https://www.codingvc.com/ ). Some of the benefits: * My blog helped me differentiate myself and build a name for myself when I shifted from coding to venture capital. For co

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