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691.
by pg 13y ago
To be honest, I don't know anything at all about monetary policy. I've said before that valuations are high right now, but I don't know what if any effect monetary policy has had on them.
692.
by pg 13y ago
New markets shouldn't be a problem for VCs. They're used to the idea of startups moving into markets that didn't have startups before. They have a bit of inertia, like anyone does, but on the whole they're probably more
693.
by pg 13y ago
It already affects us a bit, because some of the companies we fund have raised money through these services. But I have no idea what long term effect it might have.
694.
by pg 13y ago
The best ones are actually very careful not to do anything fishy. They don't need to, and in any case it would not be worth the risk to their brand.
695.
by pg 13y ago
"Why doesn't Paul Graham start this mythical founders first VC firm?" Partly because it would conflict with YC, partly because I wouldn't be good at it, but most of all because I don't want to. I like dealing with
696.
by pg 13y ago
Counterexample: playing with your kids. I think hard and worth doing are pretty loosely coupled. There are certainly lots of things that are hard and yet not really worth doing. And there are a good number that are worth doing and yet eas
697.
by pg 13y ago
starting a company.
698.
by pg 13y ago
How about if you two just stop?
699.
by pg 13y ago
It would be overreaching of us to do something like that. We're not the VCs' adversaries. We need to cooperate with them, because they have expertise in later-stage problems that the startups need.
700.
by pg 13y ago
Interestingly enough, in this case that would have worked. If you only counted the votes of the oldest accounts, the comment in question would have had negative points.
701.
by pg 13y ago
You may be right that the solution is to depend on the established users. I have some ideas for how to do that that I may try when I have time.
702.
by pg 13y ago
Yeah, I know. The underlying problem is the same. I've spent a good deal of time thinking about how to fix it. I wonder if it would work to normalize votes based on how far down the page a comment is. God would that complicate the
703.
by pg 13y ago
Sam was just telling me how much he regretted looking at this thread. "Oh, you should never read Hacker News comments about anything you write," I told him. Whereupon it immediately struck me how strange and sad it was to be sayin
704.
by pg 13y ago
It's mortifying that this mixture of insult and irrelevance has so many upvotes. I know everyone's been worried about the amount of politics on the frontpage lately, but I'm much more worried about this comment. Political s
705.
by pg 13y ago
No. Amazon is famous for seeking out low-margin businesses; that's what attracted them about AWS as a business. Walmart is another example.
706.
by pg 13y ago
Murder, rape, theft, and so on are also "human nature." But civilized societies repress them, and mostly succeed.
707.
by pg 13y ago
The thing that strikes me about this is that it's written by a former president. It's hard for us to compare the present behavior of the US government to past behavior, because we don't know how many bad things the governmen
708.
by pg 13y ago
People aren't simply good or bad. There are a lot of people who are good most of the time, but occasionally assault someone. In fact, most of the people who assault other people probably only do it occasionally. Which means if you l
709.
by pg 13y ago
Not positivity or nothing. Substance or nothing.
710.
by pg 13y ago
If that's all you have to say, better to say nothing.
711.
by pg 13y ago
This article would be more convincing with examples.
712.
Google Receives $25 Million in Equity Funding (1999)(googlepress.blogspot.com)
15 points by pg 13y ago|2 comments
713.
by pg 13y ago
He's one of a tiny minority of VC partners who actually write code. His site is http://continuations.com .
714.
This ex-Amazon engineer wants to outsmart Jeff Bezos(tech.fortune.cnn.com)
5 points by pg 13y ago|0 comments
715.
by pg 13y ago
"how many people, when traveling, opt to use the kitchen even once rather than eat out?" All those with small children, to start with.
716.
by pg 13y ago
You don't need to resort to insults.
717.
by pg 13y ago
There are two ways in which one might be better off starting a startup than going to work for an existing company: you might learn more, and you might have higher expected value. What I'm claiming (since this benefit of working for an
718.
by pg 13y ago
"A question you have still yet to answer." This comment is not only way out of line, but also false. Do you honestly still not know what the answer to your question is? I think it would be clear to anyone else viewing this threa
719.
by pg 13y ago
It's certainly beneficial. Just not as beneficial as other things you could do with that time.
720.
by pg 13y ago
"we skip entirely over the value of working for large, established companies before you create your own." When I first started writing about startups, I believed this. I suggested that would-be founders work for a couple years for

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