dokein

I can't comment on the manufacturing process, but in terms of durability -- would probably just put this in between two panes of glass in a double pane window?

SmarterDx | 180 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time

We are an early stage health tech company using AI to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (MD + data scientist combos, former ASF board member, Google and Amazon engineers, Stanford LLM researchers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital.

We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), Bessemer, and are currently on pace to 30X in revenue over a two-year time period.

Who we are looking for:

- Data scientists

- ML Ops

- DevOps

- FS Eng (Senior and Staff)

- Product designer

- Technical PM

- Customer success

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/careers

If interested email us at hiring at smarterdx dot com

SmarterDx | 180 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time

We are an early stage health tech company using AI to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (MD + data scientist combos, former ASF board member, Google and Amazon engineers, Stanford LLM researchers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital.

We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), Bessemer, and are currently on pace to 30X in revenue over a two-year time period.

Who we are looking for:

- Data scientists

- ML Ops

- FS Eng (Senior and Staff)

- Product designer

- Technical PM

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/careers

If interested email us at hiring at smarterdx dot com

If you send a portfolio sample, we'd love to take a look.

Unfortunately not at this time.

SmarterDx | 180 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time

We are an early stage health tech company using AI to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (MD + data scientist combos, former ASF board member, Google and Amazon engineers, Stanford LLM researchers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital.

We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), Bessemer, and are currently on pace to 30X in revenue over a two-year time period.

Who we are looking for:

- Data scientists

- ML Ops

- FS Eng (Senior and Staff)

- Product designer

- Technical PM (not listed yet on careers but we are hiring for this!)

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/careers

If interested email us at hiring at smarterdx dot com

You're right, and there's other things like restaurants that require capital and have a cap on earnings.

I should have phrased it as venture capital, which is structured to look for unicorns.

There are other forms of capital that are appropriate for businesses with a high chance of returning a moderate gains instead of a low chance of extraordinary gains.

I would add some things to the framing:

There's two axes. One axis of the matrix is what the founder wants. The other axis is what the business needs.

The business needs axis is continuous:

- Some businesses obviously don't require outside capital (e.g. founder is equipped to get a sellable product built by themselves).

- Some businesses require tons of outside capital and cannot be bootstrapped; self-driving cars is an obvious example.

- Some are in between; e.g. many b2b products require a baseline level of features / complexity with active competitors that's hard to achieve by bootstrapping.

If a business requires a significant amount of capital AND the maximum outcome is e.g. $500K a year, then it shouldn't exist. This is why VCs ask what the market size is.

Some founders think raising outside capital is a "win". They want that external validation and then convince themselves and/or VCs that there's a big outcome on the other side (or, in the ZIRP 2021 era, get convinced by VCs). This is a mistake -- the only external validation that matters is market validation.

Instead, founders should think of outside capital as a necessary evil, and make a clear-headed decision as to whether the benefits of capital for their businesses is worth the cost (in the form of preference and control -- or at least influence). And it should be worth the cost by some significant margin, because outside capital is often optimizing arithmetic mean outcome whereas the founder is often optimizing something closer to geometric mean outcome.

We appreciate your feedback! We will experimentally see what type of candidates we can attract and update our process from there. I may be overly optimistic, but am hopeful this will attract the "T-shaped" candidate who's great at one area but is willing to roll up their sleeves in others.

SmarterDx | 180 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time We are an early stage health tech company using AI to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (MD + data scientist combos, former ASF board member, Google and Amazon engineers, Stanford LLM researchers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital.

We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), Bessemer, and are currently on pace to 30X in revenue over a two-year time period.

Plus we have 4 full years of runway.

Who we are looking for:

- Data scientists

- Security engineers

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/positions.html

If interested email us at hiring at smarterdx dot com

I won't debate that no 'human' creativity is involved, but human brains are a purely mechanical process, and that's where human creativity originates (unless one invokes the supernatural).

LLMs are typically implemented in a way that makes them non-deterministic (i.e. temperature > 0).

SmarterDx | 180 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time

We are an early stage health tech company using AI to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (MD + data scientist combos, former ASF board member, Google and Amazon engineers, Stanford LLM researchers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital.

We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), Bessemer, and are currently on pace to 30X in revenue over a two-year time period.

Plus we have 4 full years of runway.

Who we are looking for:

- Data scientists

- Analysts

- Healthcare data engineers

- EMR integration specialists

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/positions.html

If interested email us at hiring at smarterdx dot com

Thank you for the feedback. We're a small team and are experiencing growing pains (on account of keeping up with revenue growth), but that doesn't make it less frustrating when something like this happens.

We do try to get back to all candidates within a short timeframe but I know that some have slipped through the cracks. We've recently brought on a talent person who will help us improve the interview experience.

Please accept my apologies and best wishes to your continued search.

SmarterDx | 180 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time

We are an early stage health tech company using AI to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (MD + data scientist combos, former ASF board member, Google and Amazon engineers, Stanford LLM researchers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital.

We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), Bessemer, and are currently on pace to 30X in revenue over a two-year time period.

Plus we have 4 full years of runway.

Who we are looking for:

- Full stack engineers

- Data engineers

- Data scientists

- MLOps engineers

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/positions.html

If interested email us at hiring at smarterdx dot com

Thanks for the heads up! Need to update the pages. Three is more up-to-date :-)

SmarterDx | 180 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time

We are an early stage health tech company using AI to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (MD + data scientist combos, former ASF board member, Google and Amazon engineers, Stanford LLM researchers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital.

We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), deployed successfully, and are currently on pace to 30X in revenue over a two-year time period.

Plus we have 3 full years of runway.

Who we are looking for: - Full stack engineers - Data engineers - Data scientists

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/positions.html

If interested email us at hiring at smarterdx dot com

SmarterDx | 150 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time | www.smarterdx.com

Looking for: FE Eng

We are an early stage health tech company using AI to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (M.D. data scientist combos, former ASF board member, Google and Amazon engineers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital. We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), deployed successfully, 6X'ed in the past year, and we have runway through Dec 2025.

We think there's an opportunity to build 'AI first' workflows (e.g. exception-based workflows) are looking for *Frontend Engineers* that can help us reimagine hospital workflows.

We are a no B.S. organization. If interested email us at hiring at smarterdx dot com

Elizabeth Holmes runs in elite circles, and other members of that circle have been running puff pieces in her favor (e.g. https://www.nytimes.com/2023/05/07/business/elizabeth-holmes...) or writing her reference letters testifying to her character (e.g. https://lawandcrime.com/high-profile/sen-cory-booker-sends-l...).

In this particular case, the stock sales before collapse were 'scheduled' just weeks before the sale, as opposed to many normal circumstances when it's scheduled months or even years in advance:

"The sale of 12,451 shares on Feb. 27 was the first time in more than a year that Becker had sold shares in parent company SVB Financial Group, according to regulatory filings. He filed the plan that allowed him to sell the shares on Jan. 26." [1]

[1] https://fortune.com/2023/03/10/silicon-valley-bank-ceo-greg-...

I appreciate that's perhaps how it'll be viewed, but let's be clear here: "big tech" is not being bailed out. Apple, Google, Meta, etc. do not have a substantial portion of their cash in SVB. Sequoia, Andreesen, etc. do not have a substantial portion of their fund in SVB (most of it is kept by their LPs until actually used). Investors of SVB are not being bailed out -- shareholders exit last (as they should).

The people being "bailed out" are the owners and employees of small businesses and startups that, just by nature of having a deposit as SVB, unconsciously acted as a creditor to an institution that had an 'A' credit rating by Moody's, a 'Buy' rating by JPM, and had passed whatever monitoring and risk tolerance requirements put in place by the Fed.

With respect to Iain Banks, he's probably one of my favorite authors (both sci-fi and non-sci-fi).

With respect to the question of having consciousness and free will -- don't we all just reduce down to atoms obeying the laws of physics? Are our actions not therefore deterministic? Sure maybe there's some quantum uncertainty principles at work (but it's not like LLMs produce the same output every time either). So it's not at all clear how consciousness arises, and thus not clear that e.g. GPT-7 "cannot" be conscious.

The other part of this is as relates to the question of AGI and its risks -- there's lots of things that are not necessarily consciousness but are nonetheless extremely bad for humans. Viruses. Tigers. Fire (when not appropriately managed). And for the set of things on Earth we're pretty well equipped to handle them, but if the sun went supernova, screaming "nooo I'm conscious and you're not" would not prevent humanity from being wiped out.

SmarterDx | 150 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time

We are a Seed stage health tech company using A.I. to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (M.D. data scientist combos, former ASF board member, Google and Amazon engineers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital. We have been backed by top investors including Floodgate (Lyft, Twitch, Twitter), deployed successfully, 3X'ed in six months, and there is enough market demand for us to 10X in the next 18 months (plus runway through September 2024).

Who we are looking for:

- Data engineers

- Data scientists (to further explore new features or product lines unlocked via newer LLMs)

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/positions.html

If interested email us at hiring at smarterdx dot com

Largely unrelated to most of this thread:

Does anyone know of a solution that allows people to book times, but only contiguous with other meetings?

Usually, if it's a letter that's signed by the C-suite and reviewed by 5 layers of internal and external PR, it won't say anything interesting.

This is because, to be interesting, it has to be something unexpected.

But the job of the PR is to minimize disagreeableness.

It's rare to that something is both unexpected and minimally disagreeable. A sudden advance in medicine resulting in a cure for cancer would be both (but even then, if it were e.g. an mRNA vector some people might find it disagreeable). But a company's position on a technological advance almost never meets both [Google PR: "Google also supports cures for cancer!" Yawn.]

My totally wild guess is they helped drum up some of that initial customer interest and opened your eyes to it. Is that right?

Anyways, here's my free advice. You get a refund if it's bad:

- One, define whether this is a small business or a startup.

- Two, separate sweat equity from financial equity.

In a classic SV-type startup, the company is illiquid for a 4 - 7 year time period. You want ownership at the end of that time period to reflect the fraction of work adjusted for risk.

With respect to the work, "having the idea" and doing some validation on it is typically worth a small premium but not a large one, because 99.9% of the work at time of starting the company is in the future. The main question is whether the potential co-founder will contribute roughly equally for the next 4 - 7 years. If not, don't try to change the equity split -- find a different co-founder or hire them as an employee (and their added value should be far more than "motivation and quick learning skills" because you should have that too).

With respect to risk, there's a few stages in the early days:

- Pre-product v0.1

- Pre-customer interest

- Pre-PMF (this is the big one to get past)

It sounds like you already built v0.1 and have proven customer interest. Thus you've de-risked the startup for this potential co-founder significantly. That's worth another chunk of equity. But you have to make a judgment call as to how far away you are from PMF: ideally there's an equity split where, if the product blows up tomorrow you won't be frustrated about him/her having a ton of equity; but if it takes another 2 years to translate customer interest into real PMF, (s)he won't be frustrated about working for a dramatically smaller share (or, if we're being realistic, both of you will be a little bit frustrated but not super frustrated).

Lastly, with respect to financial equity, I would ask if you really, really need that 150K to get to the next stage. I'm assuming 150K is meaningful to you because you are a Masters student. Can you get to the next stage with 10K? 20K? 30K (and then raise outside capital)? Can your potential co-founder afford to put in 5K? 10K? 15K? My general advice is when the sums are in the 5 - 10K range, each person just puts in what their financial situation allows for and it's small potatoes at the end of the day. But 150K is a lot and you should structure it as a separate investment [1].

The tough part here is to come up with what you think the business is worth today. Without knowing anything about your idea, it sounds like it's at best something where investors in the U.S. would put in ~$500K for roughly 10 - 20% of the company.

[1] Note though that a truly independent investor will typically get Preferred shares for their money -- but they will probably disagree with one of the founders having Preferred shares, so the shares you negotiate as part of this investment will likely be converted to Common shares upon raising real capital.

U.S. GDP per person employed was about $100,000 dollars in 2021. FTX had depositors from many countries (and the vast majority have lower GDP per person employed).

It's not clear how much is permanently lost, but even $1B (out of the $8B missing) of customer funds would be equivalent to more than 10,000 years of employed human labor. If the average employed person works 40 years, this would be 250 lifetimes [1] that was stolen by SBF and colleagues.

I'm trying to imagine what a reasonable sentence would be and can't settle on anything besides life with no parole.

[1] Life savings is only about $265K for the median person about to retire. So stealing $1B is stealing about 3,500 people worth of life savings. This is much worse: this is stealing the entire productive life of the person. Their 8 hours x 5 days a week x 50 weeks a year x 40 years of going into work day in and day out, time spent away from family, facing the grind, doing what they have to do to survive.

The concept of an average Joe holding an index fund only became popularized in the 1980s or even 1990s. A lot of grandmas kept their money in a savings account or in bonds for decades while becoming significantly poorer on a relative basis.

How is a person with early stage dementia supposed to differentiate between "new thing that's actually an incredibly wise investment decision" (i.e. Vanguard, popularized in the WSJ in the 1980s) versus "new thing that's actually mostly a scam" (i.e. most of crypto, popularized in the WSJ in the 2010s) when their once-trusted sources of information have failed them so miserably?

SmarterDx | 150 - 230K + equity + benefits | Remote first (but U.S. only due to data confidentiality) | Full time

We are a Seed stage health tech company using A.I. to improve hospital revenue cycle (making healthcare costs lower and allowing doctors to focus on patient care). The team is small but high functioning (M.D. data scientists, former ASF board member, Ebay fraud detection engineers, etc.) and initially scaled the company to $1MM+ in contracted revenue without raising capital. We have since deployed successfully and been backed by top investors including Floodgate (Lyft, Twitch, Twitter) and there is enough market demand for us to 10X in the next 18 months (plus runway through September 2024).

Who we are looking for:

- Full stack engineers

- Data engineers

Be part of the journey as we hone our PMF and build to scale! For more, see: https://smarterdx.com/positions.html

If interested email us at hiring at smarterdx dot com

The majority shareholders do have a fiduciary duty to all shareholders, thus if they grant themselves unreasonable compensation you would have basis to sue them.

"Control shareholders have a fiduciary duty to the minority shareholders to act with 'good faith and inherent fairness.' As such, majority owners have a fiduciary responsibility not to use their influence to engage in self-dealing, including actions that are unfairly prejudicial to the minority shareholders."

See: https://ffslaw.com/articles/have-the-controlling-shareholder....

If everyone gets diluted for new funding that's one thing and you have no protection against that. But if the 51% just vote to fuck over the 49% that's very different.

I suspect that VCs are disproportionately exposed to people (e.g. upper and upper-middle class tech workers in SV) that are open to e.g. oat milk, meat substitutes, etc., and so bias towards everyone in the US being similarly open. Of course they probably know intellectually it's not true but it's hard to overcome the subtle biases formed by one's day-to-day experiences.

Similarly my understanding is that Cambly had a hard time raising their early round because all those VCs already knew English.