HN user

il

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Working on AI security.

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github.com 5mo ago

Awesome Claws

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5pts1
citusdata.com 12y ago

PostgreSQL columnar store benchmarks on SSDs

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120pts36
sales4startups.org 12y ago

The Secret to Sales Success: Think Small to Make Your Sales Big

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8pts0
getgoldee.com 12y ago

Goldee: A Hue Compatible Smart Light Switch

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2pts1
www.thedailybeast.com 13y ago

Snowden has shared encrypted copies of documents in case anything happens to him

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7pts0
influencehacks.com 13y ago

The Supreme Court may have already ruled NSA phone surveillance is illegal

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232pts13
supporters.eff.org 13y ago

Donate to the EFF

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548pts35
www.reddit.com 13y ago

Launch Pad author live Q&A about life inside YC

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11pts0
techcrunch.com 13y ago

OnLive assets acquired by newly formed company

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119pts75
hnpod.com 13y ago

HNPod #4 is out - Yahoo, Digg, Sparrow, Bubblewatch

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35pts10
www.wired.com 14y ago

Founders p0wn investors

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4pts0
money.cnn.com 14y ago

How much are your eyeballs worth? [2000]

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1pts0
www.reuters.com 14y ago

Silicon Valley startup gala spurs feeding frenzy (YC Demo Day)

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6pts1
allthingsd.com 14y ago

Y Combinator's Demo Day Gets Supersized

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36pts12
virool.com 14y ago

The formula that makes a video go viral

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19pts1
techcrunch.com 14y ago

MixRank (YC S11) Raises $1.5M from Mark Cuban, 500 Startups

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101pts14
online.wsj.com 14y ago

Some fear a glut in incubators

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www.pbs.org 14y ago

Can startup schools teach the next big thing?

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blog.mixrank.com 14y ago

Paid traffic for lean startups: you're not failing enough.

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12pts3
mixergy.com 14y ago

Free course: How to buy ads for your startup w/ founder of MixRank (YC S11)

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64pts20
www.amazon.com 15y ago

First 100% Crowdsourced Book (80 authors)

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54pts11
hackermonthly.com 15y ago

Hacker Monthly April 2011 Issue

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56pts3
www.readwriteweb.com 15y ago

Instead of creating a lean startup, build it to flip.

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2pts1
news.ycombinator.com 15y ago

Remind HN: Don't Forget to Submit Your YC Application

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18pts12
yurylifshits.com 15y ago

Are you getting enough Facebook likes?

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4pts0
www.breakupnotifier.com 15y ago

Breakup Notifier Reinstated by Facebook

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6pts2
www.cnn.com 15y ago

Breakup Notifier (Launched on HN) on CNN Front Page

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5pts1
superhappydevhouse.org 15y ago

SuperHappyDevHouse 42 at San Jose Tech Museum is Tomorrow

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6pts0
www1.yofile.me 15y ago

YoFile - Have your friends create your social network profiles

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20pts11
insight.io 15y ago

How ThatHigh solved the chicken and egg problem and grew to 1 million pageviews

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110pts30

I've been working on webtool because I got tired of battling captchas in Playwright and cloud browsers. For most tasks, it's a lot better to just let the agent work in a real, live Chrome browser that is not detected as a bot at all.

Plus it's fun to watch the agent click around and figure out how to do things.

The main value of token compensation is liquidity. People frequently underestimate how long it will take until exit and their equity becoming cash.

Tokens for a good project are liquid immediately on numerous exchanges, and likely will be worth at least something. Don't neglect the time value of money.

The following may or may not apply to your specific situation, but this is what I would be thinking in your case. You have two options: A. Accept failure, fold the company now, return remaining investor funds and get a job.

B. Do whatever it takes to get profitable in the next 60 days.

This is a possible game plan for option B.

1. If you're doing enterprise sales, your problem is likely as much about cash flow as it is revenue. Collect as much cash as you can now. Get customers paying monthly/quarterly to pay annually. Make big prospects an offer they can't refuse to prepay in advance.

2. Get revenue any way you can. Become a consulting company. Do things that don't scale. Sublet your office. Hold events at your office and sell tickets. Sell some Aeron chairs. Just get some more cash coming in.

3. Cut costs ruthlessly. With 2-3 months left, there is no way you should have 10-15 employees. Assume you have 3 months left to live. Do you really need all of them that badly? It will be tough and heartbreaking to let people go, but it's better to let half go with warning than to have everyone find out they're not getting paid a couple months down the line. Cut benefits immediately. Yes it will be tough and unfair, yes it will hurt morale, but you're at the end of the line. Do it. 3 months of runway with 15 people could become a year of runway with 3 people.

4. Mine your CRM and personal network for leads. Strip mine it for whatever value it has left. From now on, everyone on the team is spending at least 30% of their time on the phone with customers. Either you get some sales, or you get some great feedback about customer pain points and problems you can use for your next effort. Stop coding. This is one problem you won't be able to code your way out of.

5. Unless you have amazing revenue traction, forget about raising more money. The one thing VCs hate most is a rock that is rolling downhill. Fundraising will be a fatal distraction. Instead, go back to your bootstrapping roots and do whatever it takes to get profitable now. Exception: Your current investors may have some capital in reserve to support you. Ask them for it. If they don't re-up, your fundraising prospects are good as dead.

Feel free to shoot me an email with more specifics, happy to give other advice if you think it's useful: ilya [at] mixrank.com.

I've found that the key to success in this is context and setting.

Rather than going somewhere because there are women there, go somewhere you would like to go regardless and don't worry about approaching anyone, just relax and have a good time. Everything is dependent on mindset and setting. You, the same exact person might be anxious and uncomfortable in a loud club, and at the same time you might be the most confident guy in the room at a cocktail party after a business conference...or vice versa. So go to places that play to your strengths.

i.e coffee shops are a terrible place to meet people. There's absolutely zero sexual energy and everyone there is just trying to get some work done.

If you're in the bay area, email me(email in my profile) and I'll show you exactly what I mean.

Retiring on a half a million dollars doesn't seem impossible. Presumably he is drawing down the principal as well as collecting interest. His house is likely paid off, and he has no young dependents to pay for. He will also be receiving Social Security payments for the rest of his life. He may have to make some lifestyle compromises, but it's certainly possible to live a decent retirement on that much money.

Some carders used e-gold, but because most of the major fraud gangs operated out of Eastern Europe/Russia, the dominant carder currency was generally WebMoney.

e-gold was actually incredibly popular for online gambling and participating in HYIP(short term Ponzi schemes). Not exactly the most squeaky clean activities, but not exactly terrorism or whatever else the feds used to shut down e-gold.