pbiggar

59 ms·

661.
by pbiggar 8y ago
The last 2 rounds I was involved in moved the option pool into the post-money. In one case, the initial price was initally discussed and negotiated with the expectation of a post-money option pool. In the other, there was a term sheet with
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by pbiggar 8y ago
> There would be incrementally more proceeds for the founders and employees in an exit that is flat or below the postmoney valuation of the Series A round Right, I understand the outcome, but why do we want to do that.? What problem is s
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by pbiggar 8y ago
I'm a founder and have never been an investor. I feel there are many things that could be improved, but I don't feel that moving investors to preferred is one of them. My sense is that investors take a risk and that preferred prot
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by pbiggar 8y ago
My reading is that this includes a pre-money option pool (aka the "option pool shuffle": http://venturehacks.com/articles/option-pool-shuffle ), which while standard feels dirty. Any thoughts on this?
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by pbiggar 8y ago
Would love to get feedback!
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Show HN: Philip2 – an Elm-to-OCaml compiler(medium.com)
8 points by pbiggar 8y ago|1 comments
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by pbiggar 8y ago
Alternate title: monorepos - ideal for teams under 100 devs
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by pbiggar 8y ago
I bought one the other day. It turns out the US kinder egg is nothing like the EU one. The EU one is a chocolate shell containing a plastic package with a toy in it. the US one is two halves, one with a toy, and the other containing a (whit
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by pbiggar 8y ago
> Many people working on compilers will have a PhD in the subject. There is some truth to this, but as someone with a PhD in compilers, let me say that this area is very accessible to people without PhDs. The first time I met @dannybee,
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by pbiggar 8y ago
If you don't take some money out, everyone on your team will be worse off. They need you to lead to company and make their equity worthwhile - they don't want you worrying about rent/mortgage/school/whatever, and th
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by pbiggar 8y ago
And here's a sample. I took a 256x256 image ( https://c-sf.smule.com/sf/s78/arr/65/98/f10d1e00-e955-4e4b-a... ) where you can see the jpg artifacts, and ran it through. Outcome: https:/&#x2
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by pbiggar 8y ago
This looks really cool. I remember in the early 2000s I wanted a tool to take the low quality real video versions of Family Guy cartoon that we all watched, and convert them to shiny vector-based flash. Glad to see tools exist to extract sh
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by pbiggar 8y ago
The book where he discusses these is also wonderful: "Things a computer scientist rarely talks about". https://www.amazon.com/Things-Computer-Scientist-Rarely-Lect...
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by pbiggar 8y ago
I remember a story from my tech support days: someone forged an email to support@eircom.net from support@indigo.ie, both of which had auto-responders.
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by pbiggar 8y ago
This is gonna be pretty hard to figure out. I'd recommend you take it to someone knowledgable - a startup accountant or lawyer perhaps; they can give you comparables. For the kind of money you're talking about you should definitel
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by pbiggar 8y ago
It seems reasonable to judge for-profit entities by what they allow on their platform. Certainly this has downsides - the "free the nipple" would agree with your position on this.
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by pbiggar 8y ago
> There's still a (naive?) liberal side to me that thinks free expression, even of profoundly stupid ideas, might be a net good for society, Perhaps because the videos that get censored are only shitty to people who aren't you?
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by pbiggar 8y ago
This is absolutely correct, they have done for a long time. They look at what their customers build, see what grows a lot, and then build (often a shitty version) themselves. They don't even pretend to do otherwise, and everybody in th
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by pbiggar 8y ago
> "We are a private company and don't share this information." I'm on the management side (was CEO CircleCI, now CTO darklang) and we would absolutely answer all these questions. It's a complete red flag for any
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by pbiggar 8y ago
Notwithstanding that they are 3rd in terms of revenue, GCP has gotten to a great place in the last few years. The products are fantastic. Great docs, super consistent APIs and products, great pricing. Really a joy to use. The bet on GKE rea
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by pbiggar 8y ago
When CircleCI started, we manually set up customers' builds for them. They'd give us access to the code, and we'd look through their codebase to figure out how to build the thing. Each new customer we'd add their rules t
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by pbiggar 8y ago
Dark | Infrastructure Engineer | Early Stage | Full-time | San Francisco | Onsite We're making coding 100x easier, allowing you to build scalable backend services in minutes/hours rather than weeks/months. We do this by remov
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by pbiggar 8y ago
Their last round was 9.5m, so I'd say their valuation was probably $50m (postmoney) at the time. That was 3 years ago though, so it has likely gone up quite a bit.
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by pbiggar 8y ago
I personally think it's because employers choose to lower wages and prices, and externalize it to their customers. Also, the government chooses to set low minimum wage boundaries. If people did not need tips, I doubt we would see tip j
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by pbiggar 8y ago
> If everyone just stopped tipping, the tips would be included in the prices, everybody would be paying taxes, and the tipping issue would just cease to exist. That is not my understanding of how the world works.
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by pbiggar 8y ago
Try to think of the tip as less of a "service charge for a job well done" and more of a tax to benefit those who aren't as well paid as you are.
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by pbiggar 8y ago
It is reasonable, but it's also reasonable to factor in the actual situation, which is that tipping is the norm in the US. You can either make the coffee $3.60 - and seem more expensive than the place next door - or you can make it $3
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by pbiggar 8y ago
Some advice from a less recent immigrant: tip everywhere. It's much simpler than figuring out the rules, esp (as the existence of the article points out) the rules change. The old 15% became 20%. The places you used to tip (solely pers
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by pbiggar 8y ago
> "That's simply not my problem" That's an unfortunate attitude. I thought a lot like you, but when I realized the wage disparity here - I could afford to go eat at these fancy places, which my servers definitely coul
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by pbiggar 8y ago
I can't argue with your experiences, but I've heard from many people (overwhelmingly women), that they hate this place and no longer visit.

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