HN user

justinY

169 karma

Justin Yoshimura is an entrepreneur and angel investor. He is currently CEO of CSC Generation, which is enabling consumers to lease or finance any product with a residual value.

Formerly, he was SVP at Merkle (acquired by Dentsu for $2B) via the acquisition of his company 500friends, a provider of SaaS loyalty marketing solutions backed by $12M+ from Crosslink Capital, Intel Capital, Silicon Valley Bank, and YCombinator. He is also an investor in Mobovida (Series A), Hipmunk (acquired by Concur), Bounce Exchange (seed, Series A), Dropoff (seed), First Opinion (seed, former member of the BOD), Firebase (acquired by Google), and Zencoder (acquired by Brightcove).

Prior to 500friends, he dropped out of high school to found two e-commerce marketplace companies, both of which were acquired after reaching $10M+ in revenues.

Posts24
Comments25
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www.linkedin.com 9y ago

Stop hunting unicorns

justinY
3pts0
www.linkedin.com 10y ago

A great product is important, but it's not enough

justinY
1pts0
www.linkedin.com 11y ago

The Hidden Reason for Exploding Startup Costs

justinY
1pts0
www.jobscore.com 11y ago

Help us scale our ruby app to 10B requests/month

justinY
2pts2
www.forbes.com 13y ago

Being a hustler (or banker) does not qualify you for "biz dev"

justinY
1pts0
pandodaily.com 13y ago

CEOs - are you doing the "right" job?

justinY
1pts0
www.forbes.com 13y ago

500friends (YC W10) raises $5M Series B

justinY
5pts0
pandodaily.com 13y ago

When revenue growth can be bad for start-ups

justinY
4pts0
blog.500friends.com 13y ago

Amazon makes almost $120k in revenue per minute

justinY
6pts1
blog.500friends.com 13y ago

The story of 500friends (w2010)

justinY
6pts0
www.forbes.com 13y ago

Are 20 year olds really the most successful entrepreneurs?

justinY
4pts0
www.inc.com 13y ago

A 23-year-old Silicon Valley entrepreneur who is his company's lead headhunter

justinY
9pts0
sulia.com 13y ago

Innovation is easier "one thing at a time"

justinY
4pts0
www.tnooz.com 13y ago

What people in 1899 thought would happen to travel technology

justinY
18pts15
news.ycombinator.com 13y ago

Ask HN: why are some (political in nature) posts censored while others are not?

justinY
6pts5
articles.latimes.com 13y ago

What makes red meat unhealthy?

justinY
9pts2
news.yahoo.com 13y ago

A "relatively close" alien planet that may be habitable

justinY
2pts1
news.ycombinator.com 13y ago

Facebook recruiters, please stop the spam

justinY
8pts5
blog.500friends.com 13y ago

Virality (referrals) is overrated. Unless you're fb or eventbrite.

justinY
3pts0
blog.500friends.com 13y ago

Why Facebook works for some companies and not others

justinY
4pts0
blog.500friends.com 13y ago

An open letter to prospective team members

justinY
10pts3
venturebeat.com 13y ago

Hide your kids, hide your wife, hide your developers

justinY
12pts1
www.forbes.com 14y ago

Chances of winning the $500+ mega lottery

justinY
4pts0
techcrunch.com 14y ago

500Friends (YC W10) Raises $4.5M Series A For Its Social Loyalty Platform

justinY
6pts0

500friends founder/CEO here.

It's not that people with 12+ years of experience are not as good. We were trying to screen out candidates (many of them who are smart) but have been "managers" for so long that they can't get their hands dirty and solve issues themselves (something you have to do at a very small team).

Don't take my word for it, 26% of people on our team are older than 38. If you're bored, check out some of their bios at 500friends.com/team

Admittedly however, this was not clear in our post, and it has since been edited.

Thanks!!

Hello sir. 500friends founder/CEO here.

It's not that people with 12+ years of experience are not as good. We were trying to screen out candidates (many of them who are smart) but have been "managers" for so long that they can't get their hands dirty and solve issues themselves (something you have to do at a very small team).

Don't take my word for it, 26% of people on our team are older than 38. If you're bored, check out their bios at 500friends.com/team

Admittedly however, this was not clear in our post, and it has since been edited.

Thanks!!

Brian,

In our original job post, we had specified that the ideal candidate would, "not have more than 12 years of MANAGEMENT experience." We UNDERSTAND that this could be misunderstood to indicate that we do not value experienced people. As you can see from the seniority in our team however, this is far from the truth. The intent here was to indicate that we are looking for a "hands-on" VP of Engineering. Someone who has coded in the last decade and can solve issues themselves (rather than asking their engineering manager to then delegate it to a developer :).

Don't take my word for it, check out the people who work at my company - 500friends.com/team. 50%+ are 30+, and 25%+ are 38+

via 500friends founder/CEO.

As I mentioned to you in my initial apology, we had a fire drill. That being said, the tardiness was inexcusable, and I talked to the developer about that.

Regarding our interview questions, they were meant as an "initial screen." We do ask more practical questions in person. However, we figure that most smart software engineers can write a linked list or prime number solver.

500friends founder/CEO here. Look at my team - 500friends.com/team. Most people are who you may consider to be "old." And we wouldn't be where we're at without them. We do not discriminate against age.

What we meant is that we're looking for someone who has coded in the past decade. Someone that has been managing 1,000 people at Oracle may not be the right fit for a company of our stage. Make sense?

The reason for this is that if you haven't been coding (just managing) for 12+ years...you probably are not "hands-on" enough for a company of our stage.

We have gotten a lot of very smart but "big company" people who had applied for this position.

Sorry for the confusion however, most of our team is actually MUCH holder than the typical start-up: 500friends.com/team. We may be a lot of things but are definitely not ageist.

We specifically ask for, "5+ years of experience building and managing strong engineering organizations," not "5+ years of rails 3..." lol

re: "edit2" - we're basically trying to convey that we're solving a real and serious problem (helping retailers compete with amazon). it's actually resonated with potential candidates since smart and motivated engineering leaders don't want to just be part of "the next groupon..."

I don't "mind" getting recruiter mail either...In fact, I do a lot of sales/outbound myself, so I can appreciate their job. However, recruiters that blanket everyone on LinkedIn (without even looking at their profile) are a different story.

We haven't had to worry about scalability yet, but admittedly, we could't offer 100 people funding and mentorship in the same manner that we currently do. To address this problem, we anticipate hiring someone (experienced tech entrepreneur) to own this moving forward.