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ashreef

ashreef on Hacker News

Re:Ask HN: Kicked out by co-founders – what are my options? on Saturday March 01, 2014 @06:18PM (#7326638)
1. Don't get angry, and never do something stupid

2. Send them email clarifying all your rights/claims and list all what they need to do to compensate you (money? ask higher than what you want)

3. if they start negotiating the numbers, start negotiating till you reach a good deal that satisfy you. (negotiate slowly, no equations, and always get advice from friends who have good negotiation skills)

4. if friendly negotiations fail, ask your lawyer to take legal action.

A best practice is to have a lawyer from day one. it's a lot of money but worth it. (always ask your lawyer before saying/doing something. your lawyer's job is to prevent you from doing something stupid).

Also, don't let that stop you from moving forward with your life. you built something once, and you will do better with your next startup.

[Been there, done that]

What's the best way to reach indie authors?

Posted by ashreef on Wednesday February 12, 2014 @06:05PM
from the self-post dept.

I'm working on a new ebooks publishing platform for indie authors. it's kinds like Gumroad but mainly focused on books.wondering what's the best way to reach indie book authors to make them sell their ebooks on my new platform (http://bookima.com).Also, please check the website if you can and let me know your first impression and feedback.

( Read More... | 1 comment | on HN )
Re:Ask HN: Would you pay $10/year for an ad-free Goodreads-like service? on Sunday December 01, 2013 @01:01PM (#6828328)
if you can, check this too http://bit.ly/1b6jWaJ
Re:Ask HN: Valuing a Social Technology startup using EBITDA makes sense? on Thursday July 04, 2013 @10:53AM (#5990878)
As you said, I think DCF would be the right thing to do. we already did the valuation for this round of investment using DCF. so in future calculations of valuation, it would make sense to use DCF again.

The current draft of the Shareholders Agreement currently says that EBITDA should get used if there're revenues, but if there are no revenues, DCF should get used.

I think we will just amend that by removing EBITDA, and forcing the use of DCF in all cases.

Ask HN: Valuing a Social Technology startup using EBITDA makes sense?

Posted by ashreef on Thursday July 04, 2013 @05:32AM
from the ask-hn dept.

originally asked here: http://answers.onstartups.com/questions/49770/valuing-a-social-technology-startup-using-ebitda-makes-senseWe're finalizing the details of a new shareholders agreement but we're stuck at setting the EBITDA multiple that will get used for future valuation of the company.The agreement was written by one of the new investors (VC). but the other investors commented that EBITDA...

( Read More... | 2 comments | 3 points | on HN )
Re:Investing in the mental health of your team on Wednesday March 06, 2013 @09:14AM (#5331194)
yes, I missed a lot of money for not continuing to play football after high school.
Re:Investing in the mental health of your team on Tuesday March 05, 2013 @10:18PM (#5329117)
yeah, you're right. I used to think that a psychiatrist do the same thing as a psychologist.

I did update the article again to correct this. thanks for making me notice that.

About dealing with a psychologist that get paid by your employer. I think it should be stated clearly by the company that this person is here to support all of us, and s/he doesn't report anything to the senior managers about what s/he knows about anyone here. the job of the psychologist is to help solve problems by listening, giving advice and keeping secrets.