sp527

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Ask HN: Why isn’t the ‘Entrepreneur in Residence’ model a conflict of interest?
1 points by sp527 8y ago|0 comments
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by sp527 8y ago
I think his point is that truly intelligent people would know better than to do this because it requires more holistic thinking (i.e. accounting for the reality of other people). The person you’re describing may be intelligent in some ways,
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by sp527 8y ago
I think there are several elements particular to the tech industry that elevates this problem past ‘classic’ Imposter Syndrome. So that label feels a bit reductionist to me, though not entirely incorrect.
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by sp527 8y ago
It's probably worth it to go there and bank money for a while on the most efficient CoL situation you can manage (and especially to get Stanford on your resume). With the caveat that the above is definitely the rational thing to do, I
245.
by sp527 8y ago
This has always felt to me like an inconvenient truth most people are too uncomfortable to voice aloud. Maybe we all fear that we're the singular hapless fool adrift in an industry of savants?
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by sp527 8y ago
You're reading way too hard into this. It skyrocketed to ~$20K and then plummeted to here because, plainly, it was a vehicle to manipulate morons out of their money. That's worth at least some "cynicism and darkness", an
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by sp527 8y ago
This is a slightly misguided view given that Musk himself has on several occasions suggested that he might be suffering from a mood disorder. If that’s true, then there is a very clear psychiatric explanation for his behavior. Bipolar disor
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by sp527 8y ago
Inefficiency is its own extra ‘tax’ and inherent to any sufficiently large complex system. But if the federal government didn’t in fact have meaningfully nonzero efficacy, your life would be considerably worse. Pay your taxes.
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by sp527 8y ago
My mistaken belief that exercise is good no matter what lead me to destroy my health over the past several years. It is in fact quite possible for exercise to be dangerous to your health, if you suffer from certain conditions (like CFS).
250.
by sp527 8y ago
Creating value. It sounds abstract but so far it's proven to be the most reliable and incontrovertible motivating ethos in my career. When you adopt a value-creation mindset, it washes into the calculus of just about every decision you
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by sp527 8y ago
This passed overwhelmingly in Congress right? Does the airline industry not lobby properly? I suppose contributions might start rising now.
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by sp527 8y ago
There's an argument to be made that it was irresponsible for the SEC to wait this long to clarify their position on enforcement. My guess is they want to deflate this nonsense slowly instead of pop it. It metastasized into a somewhat &
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by sp527 8y ago
> You need to manage cashflow, you need customers to become aware of the product or service and buy it, you need to be able to do things at a lower cost than your selling price, you need to keep proper records, pay wages, pay taxes, pay
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by sp527 8y ago
Unless you're a founder or you personally know and trust the capability of the founder(s) recruiting you, max out cash and ignore options. Also, unless you've been especially good at proving your value to people (either through cr
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by sp527 8y ago
> What is the break-even point where all of this stuff starts to really be worth bothering with? Series B
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by sp527 8y ago
The insinuation that the valuable aspects of a business education can't be picked up by a reasonably smart and motivated person is pure hoohah. For instance, I'm willing to bet the information in a combination of 'Lean Analyt
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by sp527 8y ago
May not be manipulative, but it certainly speaks to Yen's state of mind.
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by sp527 8y ago
They logged me out of all my accounts and now I can't log back in because of their ridiculous 2FA setup. I never provided them my phone number, so they need me to use their code generator via an active login...except of course I no lon
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by sp527 8y ago
So you think taxes only fund government R&D? And that all taxpaying entities derive outsized profits by relying on government R&D?
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by sp527 8y ago
I've wondered about this and also the fact that 'hacking' our election isn't terribly difficult when all you have to do is manipulate a very small number of swing counties. My conclusion thus far has been that even the m
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by sp527 8y ago
You're so horribly wrong that you could convincingly make exactly the opposite argument, that the government (and by extension US taxpayers) are owed royalties.
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by sp527 8y ago
I meant the snipes about having sold to Facebook in the first place.
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by sp527 8y ago
I honestly believe the friction of paying any non-zero amount at all for a messenger app is more than what 80%+ of users would be willing to bear psychologically. They would almost certainly just migrate to a different app. That's also
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by sp527 8y ago
Lol at the flak being hurled at this guy like we wouldn't all do exactly the same thing, were we in his position.
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by sp527 8y ago
No they were not. This is a complete falsehood. They sold the company well before they could roll out their monetization plan widely enough for it to impact user retention. They were also much smaller at the time.
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by sp527 8y ago
If you think that even the friction alone of charging $1/yr isn't enough to shove the vast majority of users off the app, you haven't been paying attention to consumer expectations.
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by sp527 8y ago
Depending on your use case, the most luxurious thing you can do is Uber everywhere. Maybe not quite yet price-viable for a daily commute, but I've been working remotely in LA and have had a great exp basically depending entirely on Ube
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by sp527 8y ago
Let's run through a simple iteration of logic 101: if someone knows they can be paid a boatload of money later on by companies they regulate, they will not regulate them in a way that will jeopardize that exit opportunity.
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by sp527 8y ago
> Yes, there are winners and losers with any change, but long-term we are far better off than we could have imagined at the dawn of the Industrial Revolution. This is a deeply ignorant statement that renders invisible over 2 billion comp
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by sp527 8y ago
This is by far the best advice for anyone who's young and/or single. I would only add: - Hobbies (preferably social ones; commit at least 5-10 hrs a week) - Don't overwork while young; the marginal gains aren't worth it

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