dataman85
Re:Daniel Gross of Apple leaves to become Y Combinator’s newest partner
on Wednesday January 11, 2017 @12:50AM (#13372060)
Agree with certain aspects, but the risk-reward is clearly easier for VCs who can hedge their bets across multiple startups and earn nice salaries regardless(even after ignoring the carry). As an entrepreneur, you can't hedge bets and unless you have a had a huge B round are probably work at 50% of your market salary.
Re:Winner Takes Most
on Thursday October 22, 2015 @11:02PM (#10436566)
They create companies that are broken from inside, and just pumped with marketing money.
Most traditional VCs don't touch Rocket companies, they raise funding from oligarchs, old school industries trying to go "online".
[1] www.livemint.com/Companies/rYKC6HjnShogjE62jO5lpK/The-trouble-with-Foodpanda.html - Pretty typical of Rocket companies. Fake numbers, related party transactions, skimming money.
Re:MIT's $1000 House Project
on Tuesday September 20, 2011 @07:10PM (#3019997)
Can you point to a webpage/book discussing "the ideas of Le Corbusier in light of the findings of Christopher Alexander"?
Google didn't really help, and it sounds like you have something specific in mind.
Re:The Decade’s Biggest Bonuses (Surprise: No.1 is not from Wall St)
on Tuesday November 03, 2009 @04:27PM (#920333)
Exactly. Top hedge fund managers regularly make over a billion every year. Even last year, with the stock market meltdown, the 25 top earners made more than $11 billion.
http://money.cnn.com/2009/03/25/markets/hedge_alpha/index.ht...
Re:Rich vs. King in the Real World: Why I sold my company
on Monday October 19, 2009 @01:50PM (#890536)
Not to take anything away from Bill Gates, but he always had a million dollar trust fund to fall back on.
(Source: http://philip.greenspun.com/bg/)
Re:MIT shortens application essays
on Sunday October 04, 2009 @12:13PM (#860234)
A lot of schools use http://www.applyyourself.com/
Re:Mark Zuckerberg: The evolution of a remarkable CEO
on Friday October 02, 2009 @06:21PM (#858167)
Funnily enough, Enron had the same system where if you scored towards the bottom you were quickly shown the door. http://www.time.com/time/business/article/0,8599,129988,00.h...
Of course, most big companies have a employing rating system, but Enron was different because 10-15 % people were asked to leave every year.
Re:What I Learned From My Startup Failing
on Tuesday September 22, 2009 @07:51PM (#838262)
In his linkedin profile Shel Kaphan describes himeself as Amazon's first employee.
Re:Myspace Cuts 30% of Staff
on Friday June 19, 2009 @02:38PM (#665666)
Discussed here: http://news.ycombinator.com/item?id=660729
Re:Ask HN: Technomading?
on Monday June 15, 2009 @04:17PM (#659011)
Most of the times they have some prior background in the language. But often you teach to very young kids as well, in that case you are usually paired with a local teaching assistant.
Re:Ask HN: Technomading?
on Monday June 15, 2009 @03:12PM (#658885)
The good thing is you will need to make comparatively very little amount of money. If you can make around $25K/year you can live very well in S & SE Asia, parts of S. America and I would guess Africa.
If you work as a freelance developer, and have already established a good network, it is fairly easy to lead this kind of life. Working remotely is very common, and if the client knows you are good, he would not care where in the world you are. But if you don't have an established network, it is harder to find work while you are on the road.
Starting your business is also claimed as a possibility. But I personally have not come across anybody running a successful business and spending a lot of time on the road. But I am sure some people pull it off, a la Tim Ferriss.
Oh, and teaching English. Great way to see the world, and money is good in places like Japan, Korea and increasingly China.
Even if you cannot figure out a way to work from the road, just save some money and get going. It really requires very little money, e.g. you can explore the whole of SE Asia for about $1K/month.
Good luck!
Re:Ask HN: I'm Tired of Hacking. What Do I Do? Please Advise.
on Wednesday May 27, 2009 @07:38PM (#629424)
I don't think I would have come back if it wasn't for her
You mean to stay you would have stayed abroad? Am little confused as you start talking about expats dying of preventable diseases immediately afterwords
Re:Update: reporter caught in mortgage bubble didn't mention previous ...
on Saturday May 23, 2009 @08:40PM (#623983)
http://www.pbs.org/newshour/businessdesk/2009/05/ed-andrews-...
Original NYT author responding to recent revelations.
Re:In 2007, 51% of college students graduated with a job. In 2009, it'...
on Friday May 22, 2009 @04:35PM (#622668)
Where are the jobs for college grads who are not CS majors?
Re:My Personal Credit Crisis
on Friday May 15, 2009 @02:19PM (#611051)
As someone not familiar with divorce laws and alimony, I was shocked to read that he has to pay $4k every month for child support. That makes a $120K salary almost a $50 - 60K salary after taking into account progressive taxation.
Re:On Being a Management Consultant
on Thursday March 12, 2009 @12:46PM (#513669)
Considering the author is a Rhodes Scholar, she sounds incredibly risk-averse.
Working for a top management consulting firm is a great signal of your competence to future employers. But if you already have such markers (Rhodes Scholar, MIT, for the author) you will not gain much, especially if you do not enjoy the job.
Re:What Should I Do with My Life, Now?
on Thursday January 15, 2009 @10:42AM (#435235)
Agree. But with a title like "What Should I Do with My Life, Now?," an article should offer some more insight than just saying the road to success is extremely complex. I realize he is differentiating himself from other self-help books that offer sure-shot 8 steps to success or whatever. But still, I, naively perhaps, expected something more insightful and inspirational.
Re:What Should I Do with My Life, Now?
on Thursday January 15, 2009 @09:53AM (#435179)
what exactly does that imply?
Different people have to climb different staircases for success? How is that useful insight?
Re:China’s prosperity will be induced by the state; India's may be des...
on Friday January 02, 2009 @03:47PM (#417674)
In Shanghai I thought the Pudong area was surprisingly empty, considering the tall buildings coming up everywhere. It is almost deserted compared to Manhattan, or even the other side of the river in Shanghai.
Did not notice this phenomenon in Beijing, however. I used to live there until recently, and know first hand that affordable office space is a huge headache.
Re:Xobni VP Engineering leaves for own startup
on Thursday July 24, 2008 @10:04PM (#256174)
He is also an angel investor in Xobni. So he will see some payout when they flip.
Re:Ask YC: prove commitment within two months?
on Friday July 18, 2008 @09:07AM (#249683)
You are thinking too much. If your idea excited you, just get to it. Stop thinking if you can do it or not, just start trying and see if you enjoy the process.