Could you please recommend one or a few legal insurance providers that cater to startups in the US? Thanks.
HN user
ebaysucks
And if ever trade with Cuba of many of the countries the US is at war with, you will face criminal charges even long after you have given up your green card.
Hong Kong, Singapore, Switzerland. Get yourself a permanent residency in at least one of those three.
This Demo Day was only open for startups looking for investment. There are other startups here with operational websites and revenue but who simply didn't bother with this.
This would eliminate a lot of hobby blogs and websites that made the internet such a great place.
As someone who paid $8000 for his domain, I don't believe domains are currently overpriced. You can buy prime real estate on the internet for less than than the quarterly lease companies are paying for physical prime real estate in shopping areas.
Don't you mean: ($119Millon Sale price * stake of investors - 3Million Funding) / 3Millon Funding = CRAZY RETURN!
Or from team POV: $119Million Sales price * (1 - stake of investors) / sweat = THE GRIND WAS WORTH IT!
It is very likely that the run rate of last month is more than 1/12th of the total annual revenue, as they are growing rapidly.
So let's estimate their run rate of last month at $75K and it becomes realistic - albeit a bit tight - to have 10 people on the payroll.
Unrealized potential earnings translate into a higher P/E, they do not make the entire concept of P/E invalid.
Your flawed way of thinking is exactly what prevails in a bubble.
Sure, but the rich guys are LPs in VC funds next to institutional investors who get their money straight from QE.
If evernote doubles it revenue every year for the next four years, it would still be trading at 3 times revenue, a number that might be realistic going concern assuming they have very high profit margins.
So valuing them at 50x revenue now is saying all returns will come from outperforming 100% annual growth... color me sceptical.
That's still 21% too much they got to keep.
Bubbles are not about believing in the wrong trends, they are about believing the trend will materialize too fast.
E.g. dot com boom: Basic premise was right, "software will eat the world", only the speed at which it would happen is overestimated.
This is what makes growth investing so difficult: Quite easy to predict solar or electric cars will take off, very hard to predict which company in the cambrian explosion will win.
Overall history has proven over and again that in aggregate, value investing beats growth investing for exactly this reason.
Asset allocation is about relative performance and capital preservation in real terms.
The most basic requirement for a healthy societies is reproduction, females are the bottleneck in reproduction so killing both males is least bad in the long run.
If a war was expected in the short run, kill one couple as to forego some reproduction in exchange for a soldier motivated to fight.
Killing the two females would result in two depressed soldiers, so I would only pick this option if I was losing the war badly and needed the two males as cannon fodder - essentially killing all four.
Coming out of college, I used to be a "Boglehead" like this - had a job at a top 3 management consulting firm and put as much as I could into Vanguard index funds, up to 80% of my net income in certain months.
After a year I realized the real psychological reason for my extreme saving habit was that I hated my job.
The lesson I learnt is this: If you calculate every expense in terms of hours of life worked to attain it, you probably don't like your job very much and you are better off (in the long run) by quitting.
Edit: Now that I run my business, I will spend lavishly on my childhood boy dreams once I can afford it. For me that's cars, and compared with employing people stuff like leasing a top of the range BMW (400 pounds a month deal on a 640d 2 months ago) or even stuff like participating in the Volkswagen Race Cup (15K pounds for second hand race car, 10K pounds a year to run and it's televised advertising) are really very attainable. It also makes for a more interesting life story.
All preferences are subjective. Art is art because people think it is.
What exactly is outrageous about a community service like Pinterest or a forum using Skimlinks?
A great business does not necessarily imply a great investment.
Yes, in fact Executive Director _is_ the "MD light" at Goldman.
Rocket Internet has been hiring several Goldman bankers lately to be local or functional managing directors for their startups.
OK, so how much solar panels would Tesla need to install on the roof of a Model S to prevent this from happening?
I bought a domain using this tool.
Any numbers on the total affiliate revenue generated?
Please don't tell me you think one US political party is all bad and the other one is all good.
Now I know where those annoying challenge pages come from. Was planning to add CloudFlare to my site but if it comes with those challenge pages, I'd rather pass.
Have you discussed with your investors how they feel about you selling 2-10% of total equity at a valuation of at best 20% of what they are offering?
Wait until customs outsource this policy to the file sharing companies of this world. Say goodbye to your ROI Dropbox investors.
The top 1% is only 1.2 million USD net worth, top 0.5% is 1.8 million USD.
So basically for a team of 2-3 tech founders raising a series A round is the entry ticket to becoming part of the 1% (on paper at least).
Would be interested in where you read that if you find it again - below is a link to an article that says the optimal team size is 5 to 8 based on a Dunbar analysis.
3 in unstable as too often 1 person feels left out, 4 is an even number so risk of split vote.
http://www.lifewithalacrity.com/2004/03/the_dunbar_numb.html
I got my first taste from this mindset two days ago: An undergrad from Wharton sends me a Facebook PM saying he loves my startup, wants to work for me.
We go on a Skype call where he keeps on boasting on how he is "special even among Wharton people" and how he can "help me get millions in funding".
I tell him I don't need funding and that he can help me do biz dev and he'll get a generous commission, than he says he needs "co-founder" status for that. End of call.
Institutional arbitration often just mentions how the arbitrators will be appointed.
Ad hoc arbitration (i.e. not using institutional rules) often specify the arbitrator(s).
It depends. The lady in this article wants to avoid the army of lawyers on the other side, so a quick resolution for her small claims conflict makes sense.
I agree that public policy matters need the right to appeal.