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jabrams

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Entrepreneur and investor, co-founder of 8-Bit Capital and Founders Den, previously founder of Nuzzel and Friendster, software engineer at Netscape and Nortel.

http://www.jabrams.com/

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Nuzzel - Lead Android engineer (San Francisco)

Be Employee #5 -- Nuzzel is backed up by A16Z, SoftTech, Homebrew, Max Levchin, Naval Ravikant, Chris Sacca, and others.

Nuzzel is a new social news app that people love. Our iPhone app is featured by Apple and has a 5-star average rating. Come build our Android app! People are asking for it on Twitter every day..

Email the adresss in our HTML source.

http://nuzzel.com/

Nuzzel - Lead Android engineer (San Francisco)

Be Employee #5 -- Nuzzel is backed up by A16Z, SoftTech, Homebrew, Max Levchin, Naval Ravikant, Chris Sacca, and others.

Nuzzel is a new social news app that people love. Our iPhone app is featured by Apple and has a 5-star average rating. Come build our Android app! People are asking for it on Twitter every day..

Email the adresss in our HTML source.

http://nuzzel.com/

Founders Den: Office Manager (San Francisco)

We are looking for a well-rounded and high energy Office Manager to run the daily operations of Founders Den. This is a challenging but fun opportunity to manage a dynamic entrepreneurial environment and network with startups, executives and VIPs in the technology industry.

Founders Den is a shared startup office space and private club for experienced entrepreneurs, located in the heart of San Francisco’s SoMa district. Launched in January 2011, Founders Den is the only co-working space in San Francisco that operates on a referral-only model. Founders Den was co-founded by four experienced entrepreneurs, Jason Johnson, Jonathan Abrams, Michael Levit, and Zachary Bogue. Founders Den is sponsored by DLA Piper, Norwest Venture Partners, Bullpen Capital, Rackspace and Wells Fargo. In our two years of operation, Founders Den has been home to over 75 startups like Cake Health, DataSift, DotCloud, Kaggle, Socialcam, and Wanelo, as well as Lieutenant Governor (and former San Francisco mayor) Gavin Newsom.

For more information see:

http://www.foundersden.com/

http://techcrunch.com/2011/01/10/founders-den/

http://www.youtube.com/watch?v=oOopg8ltENQ

Responsibilities:

- Oversee the day-to-day operations of Founders Den, reporting to the Managing Partners.

- Represent the Founders Den community and Managing Partners as the ambassador of Founders Den to advisors, partners, vendors, property management, visitors, tenants, and alumni.

- Handle facilities management and logistics including supplies, deliveries, kitchen & beverages, and supervising repairs and cleaning.

- Manage shared resources such as conference rooms, and enforce house rules and policies with tenants and visitors.

- Coordinate tenant leasing, including tracking upcoming vacancies, conducting tours, interviewing prospective tenants, and coordinating the approval process with the Managing Partners.

- Manage internal and external events, such as talks, advisor dinners, demo nights, and sponsor events. - Event management includes coordination of invitations, guest lists, event budgets, event staff, food & beverages, furniture, and A/V. Some late nights for coordinating evening events will be involved.

Requirements:

- Ability to multi-task and balance multiple changing priorities.

- Passion for community building.

- Excellent communication skills.

- Familiarity with basic bookkeeping and expense tracking.

- Experience or familiarity with Internet startups is preferred.

Please email resumes to michael@foundersden.com

Nuzzel: iOS engineer, San Francisco

- Full-time opportunity in San Francisco, our office is Founders Den

- We are three people so far, all engineers, you would be the 4th

- Nuzzel is backed by 500 Startups, Andreessen Horowitz, Charles River Ventures, IDG Ventures, SoftTech VC, and angel investors like Eric Ries, Gil Penchina, James Hong, Max Levchin, Michael Birch, Naval Ravikant, Philip Kaplan, and Rick Marini

- Nuzzel is the super-easy way to see news from your friends

- Nuzzel was founded by serial entrepreneur Jonathan Abrams. Jonathan is a co-founder of Founders Den, and was previously the founder & CEO of Socializr, Friendster, and HotLinks, and a software engineer at companies like Netscape and Nortel

- Build the Nuzzel iPhone & iPAd apps

- Must be passionate about social media & online news

- Email me at the address in our HTML comments

http://beta.nuzzel.com/passion

San Francisco

Nuzzel is a new social news startup founded by me, the founder of Friendster and Founders Den.

We are looking for a SysAdmin/DevOps engineer, and iOS engineer. This will be employee #2 and #3!

http://beta.nuzzel.com/passion http://techcrunch.com/2012/11/08/nuzzel-funding/

We just closed $1.7 million in seed funding from 500 Startups, Andreessen Horowitz, Charles River Ventures, IDG Ventures, SoftTech VC, and angel investors like Eric Ries, Gil Penchina, James Hong, Max Levchin, Michael Birch, Naval Ravikant, Philip Kaplan, and Rick Marini.

try this:

    $('.fastLink').bind("vclick", function (e) {
      $.mobile.changePage($(this).attr('href'), "slide");
      e.preventDefault();
    });

A lot of this does not make sense to me. Dropbox allows you to view your files via a web browser interface. Obviously that means they can access the unencrypted files. Perhaps people would prefer not to have the web access features.

But even then, if Dropbox never stored the decryption keys on their servers anywhere, and the decryption key was stored only on a client PC, and I lost my computer, I would not be able to access the backed-up data from Dropbox on a new computer. That would kind of defeat the purpose of Dropbox for me. As many others have pointed out (including Lifehacker) you can always use Truecrypt to put some stuff in your Dropbox that no one but you can decrypt.

As far as the "feds" getting my data, if they are after me, they can get a search warrant from a judge and come into my house and confiscate all of my computers, which would allow them to access any data on my harddrives not encrypted with Truecrypt...

Unfortunately this article ignores the reasons that pre-exit liquidity for founders is so important. The average founder of a VC backed startup typically only owns around 10% of the startup at exit, and is actually not even likely to still be there at exit time in many cases.

Between first funding and exit, the startup may go through a cram-down recap that washes out founder equity or at least a highly dilutive down round. This is much more common than the company simply going out of business. Another issue is that VC backed startups often raise too much capital and sell for less than the overhang of the liquidation preference. Noam Wasserman from Harvard Business School studies founder issues and says that 4 of out 5 founding CEOs get fired from their startup. Even if it's half that, it's still a sobering statistic.

When startups sell for less than the liquidation preferences, a carveout is often given to current management to close the deal, but that may not include the founders. Founders also often work for sweat equity for years, and then get paid less as CTO or founding CEO than they would working at as senior engineer at Google (in contrast to many VCs who get multi-million annual salaries from their management fees even if fund performance is poor).

All of the risks above is why the book "The Illusions of Entpreneurship" claims: "Even successful founders usually earn 35% less over 10 years than they would working for others. The typical, median, right-smack-in-the-middle entrepreneur is a failure. You have to hit the top 10% to have income as an entrepreneur better than what you would have gotten working for other people."

The reason that pre-exit liquidity is so important for founders is because the chance of making money AT AN EXIT is so low, and because raising tons of venture capital often reduces the likelihood of a founder profiting from an exit.

Update: I also forgot to say that VCs can usually block a sale, another big risk for founders.

I co-own a nightclub in San Francisco called Slide (www.slidesf.com). I wouldn't recommend you get into this business without experienced partners (which is what I did). That's kind of like one of those people looking for a "technical co-founder" because they have an idea for a consumer web site even though they have no experience working at Internet companies. Between construction and permitting, it took two years to get Slide open. Of course you can open a neighborhood bar on a smaller budget, but there's still a lot of things do deal with like liquor licenses, security, liability issues, safety, staff management, etc. Like any business, success is hard, and is more likely with domain experience. Good luck!

Why do we need a Dropbox "killer" anyways? Dropbox works well and gives you 2gb for free. This is something that needs to be killed?