"To be clear, the term requiring startups to pay for investor counsel fees is unjust. This is because startups are forced to pay the legal fees of the counsel negotiating against them. "
I wonder if YC would start pushing investors to stop this practice
I wrote this post over the weekend that caught on in /r/cscareerquestions (192k views so far) & on Github (539 stars). I'm interested to hear if there are topics members of HN are interested in too. A few of the topics being:
- Reviewing companies & selecting the right opportunity
- Salaries, pay raises, and how packages are structured
- Startups vs big companies
- Stock options vs RSUs - how they work, exercising them, the tax implications.
- Bonuses - what to expect and also the tax implications
- Investing in your retirement (401ks, IRAs, etc)
- Real estate - renting in these high costs of living areas vs buying
- Tech investing - becoming an angel investor & VC investing
- Contract work - how to bill & taxes
"The exercise price of Mr. Khosrowshahi’s options was lowered to $33.65 per share by the company early last year, eight months after they were issued at $41.65. Such repricings have become rare at public companies due to fierce opposition from investor advisory firms and other investor groups. The repricing, which was disclosed in a regulatory filing but hasn’t previously been reported, could cause some investors to view Uber’s board more skeptically, said an investor group."
This is a mission critical bug for any other startups that depend upon the Adaptive Payment API. That may only be a subset of Paypal merchants, but for those that do - you need to know this ASAP.
Saved up, took a year off, and just went at it. Having friends that knew Python definitely helped when Stackoverflow couldn't help. Usually that was because I was asking the question/thinking of the problem wrong.
Just saw this was picking up steam so if you have any questions, happy to answer them! Some might remember me from my posts a few years ago when I quit my job to learn how to code. Happy to answer any of those questions as well...
A friend just launched Lumi, "A new and easy way to find things that interest you", and thought it would be nice to send some HN traffic/ feedback. Any and all ideas welcome!
Has anyone heard if they will take the tech back towards open or move in a closed direction? I don't know much about Statasys but I'm guessing they are a closed company and their machines aren't open sourced?
If you really want to know what the maker revolution will look like, visit https://tindie.com, the site I started. Tindie is the marketplace for the 'makers' the author references. We have robots, custom chips, amps, synths - all at the highest quality made by single makers.
The author is missing is actual knowledge of how the manufacturing process works for maker products. Because of that, he or she is left making an assumption that the majority of products will be poor quality - when Tindie actually proves the opposite. The majority of our products are at the highest quality, and that is because of the accessibility of modern manufacturing.
That is why the maker revolution is powerful. One maker can make a product, design it, manufacture it, and sell it all from their garage.