5revive

Yea pretty much, Canadian VC is just an employment scheme for failkids + some guy who cashed out 20 years ago on yahoo or whatever to coast around.

Canadian Company: Our upper bound is 90k American, you get no equity, you have to work Eastern Time Zone US Company: Our mid bound is 200k American, you get equity, you have to be available +/- 4 hours from the time zone of your core team for 3 days a week.

Its not even close. And if we are talking about raising money - just lol. Canadian VCs treat their investment like they are buying into a 200 year old insurance company for a check in the 50k range.

Turning around a company / industry culture away from a 1950s factory model is very hard, and its even hard for companies who allegedly want to compete against SV firms.

Market cap today: 4.5 billion. Just amazing.

why would PG care? His job was to get a bunch of hype for Lambda so their initial investment could be marked up to whatever the last raise put the company at. Austin is probably one of PG's favorite tech guys because he basically took a bootcamp, wrapped it in 1 legal nuance and with a fuck ton of twitter hype made PG/YC probably a 10x return.

especially when you consider that at this point they raised 100 million in funding. For such a relatively small team thats a ton of money they are burning through.

it will be interesting to see the impact of SoftBank withdrawing on consumption patterns of city-dwelling professionals. So much of their daily life is subsidized courtesy of Son

In my Soviet school, we went up to Grade 10 US high school math and I have a clear memory when my old knowledge stopped and I had to actually learn. Up to that point it really did feel like just redoing old classes again.

speaking from personal experience, the math I learned up to grade 4 in the Soviet Union was enough to glide through all of American high school math. And I wasn't in any way an advanced math student in the USSR. And I dont seem to recall any extensive, South Korean style homework.