raiyu

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241.
by raiyu 7y ago
I've tracked my car for 5 years, then started racing for the past 5 years, and moved up to pro racing two years ago competing in Pirelli World Challenge and MX-5 Cup. The simulators today are fantastic. The skills you learn in the simu
242.
by raiyu 7y ago
The only way to combat this is to get checks into the hands of individuals. The government will most likely be providing a subsidy to the airline industry, they are already requesting $50B. Will the government step in to get 2 months pay to
243.
by raiyu 7y ago
I'm actually arguing the opposite. The shaky foundation aside, if everything was valued appropriately, and there was no speculation, the impact of coronavirus alone would be enough to send the global economy into a recession due to loc
244.
by raiyu 7y ago
The problem with bitcoin is specifically that it is deflationary. In over simplified macro economic terms when you have deflation it is in the consumers interest to not spend money, because the cost of a service or good will be lower in the
245.
by raiyu 7y ago
Losing 2 months of global GDP because of a virus which would reduce the earnings of most companies directly and indirectly seems like a pretty solid foundation for a reduction in market cap. It's like saying we believe that the market
246.
by raiyu 7y ago
Before coronavirus when a company missed earnings it was battered on the public markets. With Coronavirus 90%+ of companies will be directly affected in reduced revenue. Either directly like companies that are focused on retail, or indirect
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Ask HN: Improving Hacker News for Mobile Upvotes
3 points by raiyu 7y ago|1 comments
248.
by raiyu 7y ago
Hard to say but i would gather 10-20% dilution. Later rounds are less so valuation $250-$500MM SaaS valuations have reached all time highs companies doing $2MM ARR are raising at $100MM+ post
249.
by raiyu 7y ago
Regardless of how it goes i certainly wouldn’t get on one if they are cleared to fly again
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Investors Serve Up $53M in Series C Funding to Web Dev Platform Netlify(news.crunchbase.com)
2 points by raiyu 7y ago|0 comments
251.
by raiyu 7y ago
Technically people still fly the old Boeing planes that don't crash. The 737MAX is still not in service, and there is a likelihood that it may never go back into service. All future orders are cancelled, and there isn't a clear pa
252.
by raiyu 7y ago
No doubt there are many complex systems and they inevitably go down. Every provider has suffered meaningful outages. I think the issue here isn’t so much that the system went down but the blog post. It’s very light on details and doesn’t go
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The Seething Boardroom Drama That Poisoned HQ Trivia(bloomberg.com)
1 points by raiyu 7y ago|0 comments
254.
by raiyu 7y ago
Full email that just went out to perhaps all accounts. I have never done a trade, but I do have one stock in my portfolio. The free share I received at sign up. "This morning, starting at 9:33 AM ET, we started experiencing downtime ac
255.
by raiyu 7y ago
Definitely the worst timing possible. As stocks receded last week and now are bouncing back today, many investors will want to get back and take out positions to either reclaim some losses or just catch the upside. But if you weren't i
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Procore S-1 SEC(sec.gov)
2 points by raiyu 7y ago|0 comments
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How fast SaaS companies hit ARR milestones(baremetrics.com)
5 points by raiyu 7y ago|0 comments
258.
by raiyu 7y ago
The number of places where machine learning can be used effectively from both a cost perspective and a return perspective are small. They are usually tremendously large datasets at gigantic companies, and they probably have to build in hous
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Apple Weighs Letting Users Switch Default iPhone Apps to Rivals(bloomberg.com)
2 points by raiyu 7y ago|0 comments
260.
by raiyu 7y ago
I agree I don't see AWS and Google becoming simpler, but instead becoming more complex. They are also catering to workloads that are completely different and they really need to have every single possible knob and dial and configuratio
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by raiyu 7y ago
Check out our Hatch program - that's probably what you are looking for: https://www.digitalocean.com/hatch/
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by raiyu 7y ago
"Business folks" :) But all kidding aside, the numbers just don't make sense. AWS is doing $30B in revenue and has tens of thousands of engineers. Google which many can argue has some of the best engineering on the planet is
263.
by raiyu 7y ago
Yeah - they just lump everything together. They even include employees selling secondary as "raised" capital and the same for debt which is inaccurate. I'd be happy to tell them that, but I'm a little annoyed with them b
264.
by raiyu 7y ago
I apologize. I'm confused - is the point that we should have raised less debt? Or not used debt? Linode was founded in 2003 and grew to $100MM in revenue in 16 years. DigitalOcean was founded in 2011 and launched in 2012 and grew to $2
265.
by raiyu 7y ago
Well the debt really acts like a line of credit, in that we are using it for hardware which is then immediately put into service and generating revenue, so the available debt and the drawn down debt are different terms and really there is n
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by raiyu 7y ago
Yes that's correct. As long as you service the debt you are basically just paying an interest rate to use additional funds but retain future upside for shareholders. Versus selling equity you can burn through the capital without reperc
267.
by raiyu 7y ago
You can't live in the modern world today without understanding math. You also can't live in the modern world without language and the ability to communicate. To me math is a language. Different than our verbal languages, but it is
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by raiyu 7y ago
Our original business was bootstrapped with no outside investment so we know that growth model very well. In fact that bootstrapping allowed us to build DigitalOcean when no VCs were interested in funding us by self-funding through the prof
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by raiyu 7y ago
Thanks for your thoughts and prayers but no one is selling the business or nor are we looking for someone to buy it. Debt is a normal way to fund a high growth up front capital intensive business and it is cheaper than equity because you ar
270.
by raiyu 7y ago
Crunchbase lumps together everything including debt as funding. DigitalOcean raised $123MM in equity and the last raise was an $83MM Series B led by Access in 2015. There hasn't been a need since to raise equity investment and instead

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