HN user
test
"A source with direct knowledge of the negotiations says that the sole job of this initial board is to vet and appoint a new formal board of up to 9 people that will reset the governance of OpenAl. Microsoft will likely have a seat on that expanded board, as will Altman himself."
https://twitter.com/teddyschleifer/status/172721237871736880...
he liked the tweet
Seems like he liked anti sama stuff as well
jail
SBF invested 200 million back into Sequoia funds as an LP, wasn't that big of a loss as they invested 214 million into FTX
he could be looking at long time in jail, no one wants to associate with him at this point
FTX CTO Gary Wang as well has a lot of recent GitHub commit activity in last 2 days and now suddenly the site is hacked https://github.com/garywang
What would you say are the main things that distinguish you from Papercups (YC S20) https://papercups.io?
anyone know of a GitHub list of open source clones of popular products?
"The fund has no "major" wins."
Slack?
a Chrome extension that made between $250 and $300 million revenue in 2019...
this is somewhat common
nice tool
Bloomberg's reputation about take a big hit
Given Netflix's investment in content, they will be not removing it anytime soon as it fills their library but removing the third party content once licensing fees are up, eventually it will be mostly just netflix original content on the platform and the more the better
is this a joke? Investors were begging to get in Github it's whole history, no surprise it sold for 7.5 billion
except they already took a large secondary offering they keep if the company fizzles out
"Yesterday we discussed how Robinhood had raised $363 million in new funding at a $5.6 billion post-money valuation. All of that was primary capital, but we've since learned from multiple sources that there also was a secondary transaction whereby Robinhood's co-founders and some early employees cashed out just north of $100 million."
https://www.axios.com/newsletters/axios-pro-rata-9833c302-36...
Amazon uses Stripe as well for some of it's transactions https://www.geekwire.com/2017/amazon-quietly-starts-using-st...
ironically Uber currently has a business in this exact area
"Returning to the files, I soon found the puzzle piece. It was in a document Otto had submitted in support of its application to operate the state’s first Autonomous Technology Certification Facility (ATCF). This is an independent organization that will assess all autonomous vehicles that want to operate (rather than just test) in Nevada, checking that they comply with the state’s safety requirements and traffic laws. The application was a success, and construction of the facility is now underway in a suburb of Las Vegas. (Yes, you read that right — Uber will soon be assessing other companies’ compliance with safety rules.)"
https://www.wired.com/2017/02/how-my-public-records-request-...
unlikely
I call BS, they will go where consumers are
I mean prolly somewhere near 40/50% of Twitter's 330 Million MAU are fake, the company will drop 50% or more in value if they ever decide to delete those accounts, incentives are aligned for Twitter to encourage bots by making it easy as possible (not adding captchas, etc.) and not enforce policy
SpaceX is a private company
good this was reckless
"but it's not more expensive to use GKE than to roll your own Kubernetes elsewhere."
depends on what scale your at and the fact that your vendor locked, can't use GKE in other data centers
LinkedIn/Twitter/Facebook, you can find a ballpark number of employees at a company that size pretty easily
also there is limited liquidity and limited secondary activity so it is either sell at $49 billion or wait for an IPO, Softbank has all the leverage, why on earth wouldn't they try to lowball investors who were going to sell and had no other options
I mean the price he sold at IPO was way higher then what he bought in at the seed round as one of the first investors, it is one of the best seed investments ever, given he was already one of the longest shareholders by the time of the IPO it made sense to sell
I mean 100k is a lot of money and there is no saying they didn't hit those guys also