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31.
by solve 11y ago
List of petty whining voted to the top of a show HN thread, as always. Never change HN, never change.
32.
by solve 11y ago
If your stock is worth $0, then can I buy it from you for $1? If you hold stock on a stock exchange that closes down every night, is your holding worth $0 overnight while it's untradable? If you invest in a startup where you're no
33.
by solve 11y ago
A finance writer that actually knows what he's talking about, and it's here on HN. This is nice.
34.
by solve 11y ago
Imagine "VCs brazenly talked to founders". Would that even be news? No. They do that constantly with impunity. If there's any doubt, never side with the VCs.
35.
by solve 11y ago
Really helpful. Best comment of the year.
36.
by solve 11y ago
That is actually how trademark already works, if you have enough money. E.g. well funded brands like Coke, Google, Facebook, can easily use trademark to retroactively remove rights to a name from anyone who wasn't actively using it for
37.
by solve 11y ago
It's squatting because: Workbetter.com Try going to the domain.
38.
by solve 11y ago
Trademark law probably says yes.
39.
by solve 11y ago
Forcing squatters to have to file a trademark to retain their squatted domains would improve the squatting situation 10000x. Clearly the current Workbetter.com owner is squatting the name.
40.
by solve 11y ago
Where did I say that companies survive for an infinite amount of time? I didn't say anything like that at all.
41.
by solve 11y ago
The goal is to maximize the predicted expected value of the stock price, based on all possible sources of value captured by the company, over an effectively infinite time horizon. Absolutely nothing else takes priority over that, except a f
42.
by solve 11y ago
What's equally disgusting is that all of these VCs are upset that the more sophisticated, harder working, more data-driven investors, who used to only be on wall street, are now moving to the earlier and earlier stages, taking away the
43.
by solve 11y ago
Imagine if we used the word "investments" instead of "loans" for these government bonds. One word change and everyone's perceptions would drastically change.
44.
by solve 11y ago
That's the theory behind it. The reality can be quite the opposite. In my experience, tech workers in the US generally have fewer job stability problems and have a much easier time finding decent work in the first place.
45.
by solve 11y ago
Lower competition - my favorite lie that I hear told in every EU country. EU is not lower competition from the entrepreneur's perspective. Anywhere in the EU is vastly higher competition. - Unless you're doing a hyper-local produc
46.
by solve 11y ago
Commenter: haven't most (maybe close to all) the returns in VC over the last, say, decade, come from exits of companies that never achieved real positive cash flows? Fred: yeah. but i am celebrating that ones that did today. So weird t
47.
by solve 11y ago
Exactly what I was saying. The map is terribly hard to interpret unless you can make a rough guess of how many people live in each tiny segment.
48.
by solve 11y ago
Shows percent change... but not the magnitude of the change. Seeing a map that combined both percentage and magnitude to compute the colors (perhaps similar to the Tf–idf calculation?) would be much more interpretable. 50% of people leaving
49.
by solve 11y ago
Before you disparagingly call it a "clone" and "not their main project", consider that free products often go on to crush their expensive first-to-market predecessors. The strategy of first seeking to monopolize the user
50.
by solve 11y ago
At low-end jobs only. The high-end, most desirable, generally highest wage jobs absolutely do enforce a type of "no asshole rule" that prevents hiring these kind of people, and fires them fast if they're discovered later. It&
51.
by solve 11y ago
Love that. If they burn too many people, they have to create new questions.
52.
by solve 11y ago
We're talking only about the "in their own time" take-home types of tests. The type of cheating I'm talking about is outsourcing the problem or even just having a friend do it for them.
53.
by solve 11y ago
A take-home test has a 0% chance of being cheated on? Are you sure you're talking about the same thing here?
54.
by solve 11y ago
My rule for these - only do these tests in-person, on-site, and after after the company has invested a significant amount of their employees' time to interview you in-person. Tons of companies hand out these "homework" tests
55.
by solve 11y ago
What are the penalties for trying to leave it? I think that that's the defining factor, for what we're talking about here.
56.
by solve 11y ago
The slavery-like dynamics of the immigration system is a surprising mismatch, versus the typical American business culture. For comparison, I've spent time in a few countries where a slavery-like relationship with employers is complete
57.
by solve 11y ago
> You trade lack of VCs here for more competition for VCs there. No, some places are just vastly better than others for certain things. Everything doesn't always just balance out as if nature forces there to be a balance. "Ever
58.
by solve 11y ago
In other words, lifestyle businesses, i.e. businesses that plan to direct nearly all profits and investment capital to the founders / employees / other expenses while the investors end up getting nothing (unless they do something
59.
by solve 11y ago
> have shown what can be accomplished That was never the proper question. The proper question is what's the relative difference in the magnitude & probability of success, between the different regions. This matters, because succ
60.
by solve 11y ago
No, don't quote out of context. That's ONLY if you already previously signed a contract with them, and that original contract specifically allowed them to make future updates without your permission.

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