shortweb3 | 2 years ago | on: Reddit Doubles Down
This. Have you ever seen unmoderated Reddit, it’s called 4chan.
shortweb3's comments
shortweb3 | 4 years ago | on: Launch HN: Method Financial (YC S19) – API to embed debt repayment into your app
Great product. Congrats on the raise. How do you monetise this?
shortweb3 | 4 years ago | on: “If You Are Not Drowning in Demand, You Don’t Have Product-Market Fit” (2017)
Except that you can sell the business and get a windfall.
shortweb3 | 5 years ago | on: An Update About Changes to Facebook’s Services in Australia
Can someone explain why this is beneficial to Murdoch or other organisations? Right now if I perform a search for say ‘coronavirus vaccine Australia’ two government sites come up and 10 news sites. If I then click on a news site they can advertise to me and in the case of the guardian ask for donations in the case of Murdoch ask for subscriptions. If they are removed then how my only choice is to go direct to the site of choice. Especially for Murdoch sites that are hard paywalled I don’t get the benefit?
shortweb3 | 5 years ago | on: Why VCs are obsessed with Unicorns (we do the math)
Interesting in the video she says most funds don’t achieve 1x - is that true?
shortweb3 | 5 years ago | on: Why VCs are obsessed with Unicorns (we do the math)
One of the astute comments on this by Terence Lam: Terence Lam
Stage one: invest $25K in 100 startups ($2.5M)
Stage two: pick 20 of them and invest $100K in them ($2M)
Stage three: pick 4 of the 20 and invest $500K ($2M)
Stage four: pick 1 of the 4 and invest $5M in that ($5M)
the "expected" exit value of a startup is different in different stage, and most often this is non-linear: the expected exit value increases quadratically when a startup move from stage one to stage four.
$11.5M invested ;) (ignoring the management fee :p)
Another hidden benefit: startups in stage three or four may "acqu-hire" startups in stage one or two, and the VCs who know and engage with them are the good middlemen here to facilitate the deals.
shortweb3 | 5 years ago | on: Launch HN: Sidekick (YC S20) – A hardware device to connect remote teams
It’s a Samsung Galaxy 10 2019. Worth about $200.
shortweb3 | 5 years ago | on: Launch HN: Sidekick (YC S20) – A hardware device to connect remote teams
Crazy how bad at math you’d have to be to think this was a deal.
shortweb3 | 5 years ago | on: Launch HN: Sidekick (YC S20) – A hardware device to connect remote teams
Yep well thought out response. It’s interesting the level of moderation in defence of of a YC company - I’ll bet they wouldn’t be deleting comments if it wasn’t one of their companies.
shortweb3 | 5 years ago | on: Launch HN: Sidekick (YC S20) – A hardware device to connect remote teams
Yes except the leasing cost is not $150% of the cost of the laptop per year.
shortweb3 | 5 years ago | on: Launch HN: Sidekick (YC S20) – A hardware device to connect remote teams
Haha yeah a $200 tablet for $300 a year!!! Bargain. I’d rather just use afterpay if I was that poor.
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