mikekij

21 ms·

151.
by mikekij 9y ago
"If we got an offer to buy the company for $X, would you take it?" My team had a specific conversation about that when we started the company. We even picked "a number". 4 years later, we got an offer for that number, an
152.
by mikekij 9y ago
Maybe you need an OK computer.
153.
by mikekij 9y ago
MedCrypt | Carlsbad, CA | Full-time | Remote/On-site MedCrypt is building cybersecurity software for medical device vendors, preventing things like pacemakers and CT Scanners from being subjected to malicious hacking. We're hiring
154.
by mikekij 9y ago
Agreed. I love Amazon prime, and also love Slack. But I fear the day when all of the "good companies" end up being owned by one corporate overlord.
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by mikekij 9y ago
Interesting. Maybe it would have been more accurate to say my former managers loved an entrepreneurial spirit. Don't have as much experience with HR directly.
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by mikekij 9y ago
^This. Working at a big company is about 10% as hard as working at a startup as a founder (maybe less). HR people love applicants with an "entrepreneurial spirit", and founders are often great product managers at big companies. Gi
157.
by mikekij 9y ago
I've been looking at this space for a few years. I've come to the conclusion that one of the biggest obstacles to ML replacing/supplementing radiologists is the malpractice ambiguity. If a doctor misses a lesion on a chest Xr
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by mikekij 9y ago
^ Sarcasm.
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by mikekij 9y ago
Misleading title. Thought this was about Cucumber.
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by mikekij 9y ago
It didn't during our last exit.
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by mikekij 9y ago
Tools like this are really helpful for startup employees. Thanks for sharing! Looks like there are some hidden assumptions about liquidation presence etc. Might be good to add a slider for that. (My employees would do pretty well at a $25M
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by mikekij 9y ago
That might be the "TL" part :)
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by mikekij 9y ago
This. How is this not the main crux of the argument for Uber's being complicit in the IP theft?
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by mikekij 9y ago
I would think Google's argument would only need to be "Uber spent $600M on a 9-month old company". That alone is a huge red-flag, no?
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by mikekij 9y ago
No one told VCs apparently.
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by mikekij 9y ago
You couldn't stop by San Diego? Would have loved to have met the team. I seriously love Gusto. (not a paid advertisement.)
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by mikekij 9y ago
Well, this would be playing a bit on stereotypes. But HBS students tend to be very management focused, Wharton students more quantitative / financial, and Stanford students more tech focused / creative (for an MBA). There are obvi
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by mikekij 9y ago
I'd extend that to: 2/2 of BS = BS
169.
by mikekij 9y ago
As a graduate of one of them, I'd like to think that there is a bit of self-selection by personality / philosophy into each school. If I meet someone in a meeting that went to one of those three, I can usually determine which one
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by mikekij 9y ago
They're conditioning a generation of taxpayers to see tax dollars as the government's money, rather than the taxpayers' money. This breeds economic entitlement and class warfare.
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by mikekij 9y ago
Currently trying to build a house in San Diego county. Red tape, permitting, and waiting on the county to review things has consumed no less than 18% of our total budget. I'm happy that California protects our environment from negative
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by mikekij 9y ago
It seems many of these articles see tax deductions as the government giving money to tax payers, instead of the government agreeing to forcibly take less of a tax payer's income. It's an important distinction I rarely see made by
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by mikekij 10y ago
Events like this highlight the fallacy that big company jobs are stable and secure, while startup jobs are risky. I think the Expected Value of a big company salary stream is probably slightly higher than that of a series of startup salarie
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by mikekij 10y ago
One of our early investors insisted we transition to a C-Corp "for tax purposes". We were later acquired via an asset sale. The acquirer refused to do a stock deal. We ended up paying an effective 61% tax rate federal+state on th
175.
by mikekij 10y ago
I would argue that: 1) Zenefits having software tools to specifically skirt state laws about employee certification requirements 2) Theranos lying about clinical results 3) Nant misrepresenting order data to their shareholders 4) Uber havin
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by mikekij 10y ago
Back in early 2016, I was in awe of many of the "Unicorn" startups that were defying all odds to raise money and huge valuations, and earning the praise of the press world-wide. Zenefits, Theranos, Nant Health, Uber... clearly the
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by mikekij 10y ago
It's amazing how many BLE devices are this easily hackable. I'm not a software engineer by any means, and I've been able to make at least 6 different BLE devices in my house do bad things using this sort of approach.
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Valuing Stock Options for Startup Employees(medium.com)
1 points by mikekij 10y ago|0 comments
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by mikekij 10y ago
Totally agree. My first company raised $300k and sold for between $2M and $10M. Started my second company and immediately raised $1M in a seed round. Having an exit is an excellent signal to future investors. And employees. And acquirers.
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by mikekij 10y ago
^This. The idea that I'm a failure if my company "only" sells for $100M is a recipe for perpetual depression and disappointment.

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