speculator14

3 ms·

1. 1.▲
   by speculator14 3y ago

   A 1x liquidation preference (meaning investors get their money back before employees and other investors “below them in the capital stack” get anything) is most common. A 1.5x preference is less common. A 2x preference is rare in VC (more c
2. 2.▲
   by speculator14 4y ago

   The trick I developed in my previous job writing investment memos (which are just essays) is to create an increasingly detailed outline until the complete report has suddenly materialized before your eyes, with only the final step of tying
3. 3.▲
   by speculator14 6y ago

   Only in the last couple years did I realize you could buy t shirts you like instead of just wearing giveaways you have accumulated.
4. 4.▲
   by speculator14 6y ago

   Reasonable updates all around! The reality is that private investing is the "big leagues." If an average joe takes a handoff in an NFL game, they will likely end up on a stretcher. If you have no expertise and attempt to invest wi
5. 5.▲
   by speculator14 6y ago

   China's economic development comes to mind but curious of other contenders.
6. 6.▲
   Ask HN: What is the greatest accomplishment of the 21st century so far?

   2 points by speculator14 6y ago|6 comments
7. 7.▲
   by speculator14 6y ago

   I LOLed at the attempt to prove that facts do not persuade by linking to a bunch of psychology studies. And not one reference to Aristotle? However, the author's general thrust is correct, as anybody could tell you.