mbesto

1032 ms·

1. 3121.▲
   by mbesto 10y ago

   > He was clearly lying in his marketing materials, saying his fund performed certain trades that they never did. Theranos marketing materials lied. Only difference is they changed the marketing materials after they got caught. > never
2. 3122.▲
   by mbesto 10y ago

   Presumably you should be generating that much of value. It's crazy because I'm pretty sure a single person at Yahoo isn't generating $108m worth of value.
3. 3123.▲
   by mbesto 10y ago

   > Hiring really senior early can totally work, especially if you get the product right the first time. Spot on. I do find in practice that "senior people" get the product right the first time, but are less risky to try to steer
4. 3124.▲
   by mbesto 10y ago

   This is a strategy that has been proven to work, but history would state that it's not the only way. There are plenty of examples where senior people have started nice large growing software companies. In fact I'd dare to say that
5. 3125.▲
   by mbesto 10y ago

   Here's some good data: https://www.versame.com/science/
6. 3126.▲
   by mbesto 10y ago

   Good catch...sorry about that! It's working now.
7. 3127.▲
   by mbesto 10y ago

   Versame | Palo Alto, CA | Full-Time | On-site Versame is on a mission to transform early childhood education worldwide. Inspired by research, we are building a wearable device that counts the number of words spoken to babies and children. R
8. 3128.▲
   by mbesto 10y ago

   > If you're trying to sell software to mid-sized businesses, it can be hard to be profitable. This is not true whatsoever. I've executed diligence services on more than 15 software companies in the last year alone. Many of thes
9. 3129.▲
   by mbesto 10y ago

   > As we are now several hours into this outage and do not have satisfactory timeline for resolution, we have begun the process of migrating our hosts into another deployment zone within GCE. We will have a baseline set of services migra
10. 3130.▲
    by mbesto 10y ago

    > So I can re-use code from my front end website on my native mobile apps for the new startup I'm launching. Just to be clear, Ionic is _not_ native.
11. 3131.▲
    by mbesto 10y ago

    > market cap of tech companies is usually rather based on NTM EBITDA This is almost entirely false. > 40% is a valid EBITDA margin for telcos Uh what? I didn't state that 40% wasn't valid. I simply stated that gross margin !
12. 3132.▲
    by mbesto 10y ago

    This. I've dealt with tax issues between GB and US. Long story short - it's hairy...get some professional advice.
13. 3133.▲
    by mbesto 10y ago

    > and x20.5 for EBITDA (40% margin seems reasonable in the telcos industry) There EBITDA appears to be negative. 40% margin is "Gross margin" and is certainly not a valid EBITDA figure.
14. 3134.▲
    by mbesto 10y ago

    > AWS just hosts their stuff, the same way they host Netflix. Uh, AWS already has a competing web services product, it's functionality is just severely lacking when you compare to Twilio: https://aws.amazon.com/sns&#
15. 3135.▲
    by mbesto 10y ago

    > There are a lot of industries with a much higher COGS that do fine. But not many that have such a ridiculously high PE ratio. One of the main reasons tech businesses (specifically SaaS) can command such a high valuation is because thei
16. 3136.▲
    by mbesto 10y ago

    This is 100% a marketing tactic. A good one at that and Twilio will probably see a decent ROI from it. > May be I am old school when I think we should all be rolling like Wozniak's (apple co-founder) not flashy brogrammers who would
17. 3137.▲
    by mbesto 10y ago

    So which one is YC? A seed investor, an accelerator or a VC firm? > Notably absent in this year’s list are Y Combinator and RockHealth–both programs now classify themselves as seed funds rather than accelerators, and asked us to respect
18. 3138.▲
    by mbesto 10y ago

    Thanks for sharing. I'm curious... > Find a fulfilling career that does good. 1. What do you define as "good"? > free guide will put you on the path to a good career, 2. What do you define as a "good career"?
19. 3139.▲
    by mbesto 10y ago

    How is it the same? Did you actually read the article? It's not actually a stock exchange for trading weed...
20. 3140.▲
    by mbesto 10y ago

    "with a company like this" - care to elaborate?
21. 3141.▲
    by mbesto 10y ago

    > Indispensable employees are a sign of organizational failure. They indicate a weak point in the organization > All this is to say that if you ever find yourself thinking, "this place would fall apart without me," you have
22. 3142.▲
    by mbesto 10y ago

    > Yes I agree that the Redemption Clause does not align with entrepreneurs' interest, but I understand the reason behind it. I don't think the parent was questioning the reasoning behind, he/she was just saying it's a
23. 3143.▲
    by mbesto 10y ago

    > Oracle, Salesforce and IBM Sorry to nitpick, but why isn't SAP ever mentioned in this same list? Believe it or not, but SAP does more than double that of SFDC for business software.
24. 3144.▲
    by mbesto 10y ago

    > "social media" means an electronic service or account, or electronic content, including, but not limited to, videos, still photographs, blogs, video blogs, podcasts, instant and text messages, email, online services or accou
25. 3145.▲
    by mbesto 10y ago

    Uhh, isn't this illegal?
26. 3146.▲
    by mbesto 10y ago

    Both responses sound oddly like dating.
27. 3147.▲
    by mbesto 10y ago

    > 1) Aren't going to hire somebody for a leadership position because they met them networking --- they are going to hire them based on merit Sorry, I have to disagree. Understanding the "merit" of a leadership/managem
28. 3148.▲
    by mbesto 10y ago

    > what will you do to protect yourselves? > What non-tech skills would you recommend brushing up on? Simple for me - have your clients be based outside of SV, and focus on clients who actually make profits, not those who have fundin
29. 3149.▲
    by mbesto 10y ago

    > Yes we have two datacentres That's all that Multi-AZ is mate ;)
30. 3150.▲
    by mbesto 10y ago

    Bottled water is used for like 1000x more applications then "thirst quench". For example - I just watered my garden with it.