sachinag

66 ms·

631.
by sachinag 17y ago
I think the iPhone and iTMS is the best example of this. If I'm not wrong (and I could be), I thought Zynga was processing payment information on their own servers.
632.
by sachinag 17y ago
A blogger wrote about a competitor of TS and I mentioned in the comments that the blogger totally missed TS. Dan reached out to me via e-mail to say thanks for the note. From that quick e-mail, we developed a great friendship. Dan was ano
633.
by sachinag 17y ago
Um, you know ivankirigin works at Facebook , right?
634.
by sachinag 17y ago
I guess I only read it early on and didn't see the change. Building a totally new payment system is actually rather impressive.
635.
by sachinag 17y ago
Well, they got in on the merits. It certainly wasn't like HP demoing a new product (like we saw at DEMO); it was a company coming out for the first time. It certainly qualifies as a startup in my mind. It may be a $20M company, but still
636.
by sachinag 17y ago
They were. Ivan's now at Facebook, where everyone assumes he's working on Facebook Payments. Abby's probably doing something even cooler, although IDK. BTW, Tipjoy never held the money; they were just a front-end for PayPal, so they didn'
637.
by sachinag 17y ago
You know, I think the real insight in the piece is about the two startup founders where no one is really in charge. I think it's a good kick to remind founders that there needs to be a process for decision-making so you don't end up in sta
638.
by sachinag 17y ago
My reason: I really don't think there's a conspiracy to keep TechStars stuff off the front page here. If the community doesn't vote it up, it doesn't vote it up . If there are all those HN people in Boulder, then y'all can vote it up. B
639.
by sachinag 17y ago
Yeah, it's pretty neat. What's astonishing is the uptake at the Starbucks locations here in Chicago. I haven't randomly asked baristas if they use it, but I believe it. My prediction: Paychex and ADP fight tooth and nail to acquire it. I
640.
by sachinag 17y ago
ReTel is genius, if it actually works. I'm a little skeptical of something that comes out of three getting their MBAs (I don't know if they can code, but I assume someone there can if they got into TechStars), but it's a genuine business p
641.
by sachinag 17y ago
Reading this comment, I knew it had to be Ryan Paul (since it's not a Mac article). It's kind of awesome how many of their great writers still code from time to time, so they really get it.
642.
by sachinag 17y ago
Really? You can't find one to steal from another company? E-mail me at sachinag (at) google's mail service and I'll send you ours.
643.
by sachinag 17y ago
That's fine - no one has a problem with that. The problem is that some people do, and it's impossible to get the tech out. The vast majority of R1 universities have moronic - utterly moronic - tech transfer offices. I can speak to this be
644.
by sachinag 17y ago
Why? (Remember, I'm a business guy, not a tech genius. It seems to work fine enough with the logs.)
645.
by sachinag 17y ago
That sentence cannot possibly be legal, right? I mean, you can answer the question "are you raising money?" with a "yes", but that sentence strikes me as sufficiently similar to a securities offering. (I'd love to know I was wrong - I'd pu
646.
by sachinag 17y ago
If there's another set of docs, I'm happy to do a layman comparison like I did with the YC/TS docs. EDIT: I hope Yokum comes in and explains Adeo's thought processes here and if WSGR will use these docs for new company formation.
647.
by sachinag 17y ago
There's a third, much more important, assumption: you're assuming that the marketers want to know the conversion numbers. We, being internet nerds, want to measure everything. But brand advertisers may not want/need to.
648.
by sachinag 17y ago
This should be a poll, not two comment threads.
649.
Complete Set of Founder Friendly Legal Docs(thefunded.com)
51 points by sachinag 17y ago|10 comments
650.
by sachinag 17y ago
Why is it a huge and short sighted mistake? Without data, this statement is unsupportable. As a numbers guy, I'm inclined to believe it's a smart decision. In most jurisdictions, the cable operator has a monopoly. That's why cities offe
651.
by sachinag 17y ago
It's not just California - it's specifically Silicon Valley. Here's the PWC MoneyTree data for Q2 2009: https://www.pwcmoneytree.com/MTPublic/ns/nav.jsp?page=region
652.
by sachinag 17y ago
Well, sure. But I believe that the traction/revenue/user bar to do so is much higher here than it is in a more robust funding environment. Also, it's much, much harder to get a deal syndicated here.
653.
by sachinag 17y ago
If you have data that proves that I've overemphasizing how bad financing is here, please provide it. I am more than happy to consider additional data. Being able to provide a HOWTO that's more than "for God's sake, move to the Valley" wou
654.
by sachinag 17y ago
There are a number of us who love the city and shake their heads about how unsupportive it is for tech startups. (I examined the claim with data: http://www.sachinagarwal.com/illinois-so-called-tech-leaders... ) At the end of the day, if
655.
by sachinag 17y ago
Were lucky? I guarantee you they would much rather have had to deal with sound cannons than the batons, dogs, and fire hoses that they did have to deal with.
656.
by sachinag 17y ago
Honestly, that would be worse. To knowingly say that a non-lethal instrument like a sound cannon is morally equivalent to dogs, hoses, and god-knows-what-else is crazy. (And I read the OP as saying sound cannons would be worse , and I do
657.
by sachinag 17y ago
You know what? You're right. I would probably have also used profanity in person. If I were feeling frisky, I absolutely would have taken a swing. If you are an adult and you don't know about the lynchings, fire hoses, attack dogs, and o
658.
by sachinag 17y ago
You are an idiot. http://en.wikipedia.org/wiki/Selma_to_Montgomery_marches
659.
by sachinag 17y ago
A VC (or anyone else) who cares more about the number than how you calculated it is a moron.
660.
by sachinag 17y ago
I don't get the hate for this. Caterina has worked hard before, and she's not slagging on it. What she is saying is that working hard may not be necessary, and certainly is not sufficient. Anyone who invests in startups knows that she's r

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