daniel_levine

I'm biased, but like Vercel's AI Gateway https://vercel.com/docs/ai-gateway

This is awesome stuff. I think the biggest thing holding back a bunch agentic use cases is great infra and this is a a great step in the right direction. Love how fast it boots!

this is a great comment, thank you for your service!

Fork it!

Fork it!

21st or 22nd and Harrison I believe

And I bet the team would help with those migration scripts if you asked!

Altinity offers a managed service for ClickHouse on AWS https://altinity.com/cloud-database/

Yes to both, Altinity maintains the ClickHouse Grafana plugin https://altinity.com/blog/2019/12/28/creating-beautiful-graf...

And Superset has a recommendation of a ClickHouse connector https://superset.apache.org/docs/databases/clickhouse

This is one of the more incredible expressions of passion I've seen in a long time. Thanks so much for doing it and sharing with all of us!

I'd check out something like https://userleap.com/ so that you can integrate bite-sized surveys right into your product. Great for onboarding, trial conversion, feature feedback, etc

While I tend to agree with you in principle, I'm curious how often YC is flexible on the ownership target :P

It's a bit confusing but does make sense. Imagine wanting to buy 20% (or 100%) of Apple in the public markets. If you try in normal trading it will either take months based on trading volume or you'll bid up the price as you're buying.

People looking to own larger pieces of a business are often willing to pay a premium to folks trying to buy smaller pieces.

You should consider bundling video yourself and charging for it. Could use something like Mux.com to power it without much trouble.

That's not how simple preferred works. That would be participating preferred. And I'd strongly suspect this is simple preferred, as participating preferred is exceptionally rare for Silicon Valley-type companies (it does happen though).

Investors get either the 1x or convert to common. So the most recent investors will take their 1x ($72mm if public sources are correct, which might include some shares bought by previous investors), but previous investors are likely to convert to common if their price per share of purchase is below the acquisition price. But even in your simple example, the $250mm is only split between founders and team, the shareholders who take their 1x are done prior to that point.

Doesn’t come from us

No firm does, especially in a tricky environment. That's a wild comment to make...

Agreed that they're the worst, and agreed that they are an unfortunate reality

I believe YC is still taking an initial stake of 7%, the 4% corresponds to pro ratas and follow on deals. I think the article just messed that up

Overall, it's a solid solution. Some hiccups: - It's common for new investors to ask about pro rata ahead of writing a term sheet (can impact the investment case/deal). - Especially in difficult times, new investors might invest under the condition that existing investors do their pro rata.

I believe this is related to follow-on investments from YC after the initial investment

In order to mitigate the risk of currency fluctuation, countries with dollar-denominated debt will stockpile dollar-denominated assets in advance as well. Those stockpiles are an increase in demand over what is just needed for immediate transacting.

My gut reaction was to keep things open source

I am the VC. I was not really consulted on the change, and after seeing it on HN, texted the founder saying I disagreed :) That said, I'm supportive of the team making the decisions they do! They run the company, not me!