recursivenature

5 ms·

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by recursivenature 4y ago
This sounds like the scene in The Office where Michael Scott says "I Declare Bankruptcy". Just because you declare it, doesn't make it so. In general, in LLCs, there are rules around amendments to the operating agreements for
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by recursivenature 4y ago
All of the comments here about engineering being too focused on frameworks/languages/etc can be absolutely true, but I could say similar things about any functional area in every business because each area is driven by their speci
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by recursivenature 4y ago
The Verge had a write up on this years ago that answers your question [1]. I only remember it because I had the same reaction you did! The short version is - different royalty rates + algorithm preferences. While it may seem immaterial to e
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by recursivenature 4y ago
Completely understand the comments around valuation of a recurring revenue business and ongoing maintenance. Those are all true and accurate. I've also been thinking about this from an ecosystem standpoint that it is now very difficult
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by recursivenature 4y ago
Hopefully this comment is helpful to fellow entrepreneurs as well. Learnings From Working With Lawyers - You Need to Manage Your Lawyer, Not The Other Way Around Your lawyer often will not understand the priority of a business issue or the
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by recursivenature 4y ago
First start with what you want, because there are multiple variables at play in an acquisition: - Cash Comp - What you are actually paid every 2/4 weeks. - Sign On Bonus / Retention Bonus - Paid lump sum (or over time) for joining
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by recursivenature 4y ago
In a similar role and have peers in a similar role, a lot to unpack here: No Micromanagement ≠ No Guidance or Collaboration There is unfortunately a perception in startup engineering orgs that any meeting is a waste of time and that 100%
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by recursivenature 4y ago
Not to refer you to another book, but The Power of Habit [1] might be helpful here. While you should read the book, the basic summary of operationalizing any habit is Cue + Routine + Reward. In your case, there is the Cue (You read a book o
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by recursivenature 4y ago
Absolutely. Tiger did this by blitzscaling their way through diligence via Bain consultants [1] which was great for founders because they got money faster with fewer strings. Who would say no? So Tiger can say, look we are funding more fou
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by recursivenature 4y ago
The issue is that the later and later stage you get in investing in "startups" the economics change drastically. IMO the biggest issue with Softbank's or Tiger's model is that they fundamentally did not understand who wo
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by recursivenature 4y ago
FAANG RSUs relate to venture, and by extension startups, for two reasons: (A) - They make it harder for startups to hire the "best" talent because it is locked up behind a vesting schedule at a FAANG. (B) - It makes it harder to h
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by recursivenature 4y ago
Problem: IMO the current problem is largely with SaaS providers, not necessarily with SSO solution providers / provisioners. Saas Vendors often don't support SSO / Provisioning, at all, or if they do, on more expensive plans.
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by recursivenature 5y ago
Couple of important points I haven't seen mentioned yet. 1 - You should already have an option exercise form that you can fill out to actually exercise these options / notify the company you want to do so. It is important that you