HN user
This, exactly.
In this bubble, if you are joining a funded startup you should not take a below market salary, period. If the bubble bursts, your equity won't matter anyway.
If you are taking a salary cut because you are joining a pre-funded or seed stage company, you better be getting near founder level equity.
isn't it ironic?
bubble
But has Glass seen much criticism and mockery? The majority of early reviews and press I have seen have been gushing.
This is very interesting that this comes right after a pretty successful launch of the 5by5 iOS app.
I think Gruber probably wanted a higher % and more money from it than Dan was willing. Maybe even more than the other hosts?
Gruber and Dan's chemistry on the show was definitely on the decline since the old Bond movie reviews, though.
I recommend http://www.vitalist.com for GTD style task and project management. More ideal for single-person use, though.
We will continue to develop and push our app forward.
To me, the overwhelming benefit of getting into YCombinator would have been the interaction among other founders and advisors. It is less about the money and publicity as it is the access to experience and ideas. I do believe, though, that the community on news.ycomb serves this same role in a less direct way.
We got a no as well. Probably could have spent more time editing/polishing our application but sometimes time gets away from you. Would have loved to get more feedback, though I am sure there were far too many applicants for that.
Good luck to all who are interviewing.
From my experience, there is no way to adjust a subscription up or down once it is initiated through Paypal.