Yesterday's discussion on the matter: http://news.ycombinator.com/item?id=4513696
HN user
veyron
"At the end of the day it's best to have everyone in the company (post-deal) feeling like they got a good deal. Kinda like a partner/wife - you never want to feel like you're the one that's trading down in the relationship."
By definition someone is trading down. If the valuation is low, the company and its people lose out on potential money. The FB approach (extreme valuation), while discouraging most people, at least maximized value for those that liquidated at the IPO.
They have cemented their position. They can, at this stage, suffer down time without too much concern (hell, even twitter was down recently)
Someone (I'm looking at you, gandi.net) should give a "GoDaddy is Down" discount for domain registration. I'm ready to migrate the domains I didn't change during the SOPA fiasco ...
How would you envision a desktop trackpad that doesn't converge on the design of the apple magic trackpad?
For those too lazy to build your own, Delcom has some really cool USB programmable lights. I use this for alerts and as a killswitch: http://www.delcomproducts.com/productdetails.asp?productnum=...
"Far greater than 65.5% of my household accesses Facebook and/or Twitter."
In my social circles, Facebook/Twitter usage clocks in at about 15%, so the numbers of the survey were at least minimally surprising ...
I wrote "65.5% of US Internet population", not "65.5% of US Residents".
That also means 65.5% of US Internet population is using Facebook or Twitter, a mind boggling statistic
(not a kindle owner) Can someone with a kindle explain exactly how the ads work and why they would be offensive? From what I heard they just show up when you aren't using the device.
"which was something the recruiters hide pretty well."
The recruiters actively sell the idea that pedigree matters.
"They are attempting to create an artificial scarcity that promotes their idea of what a good dev is."
No. They are catering to a group of people who specifically care about pedigree. They are trying to replace the role of the recruiters who do the same thing.
"but I think they douched it up by focusing on the wrong things (school and company affiliation). "
They focused on the right thing. The target audience isn't the startup that cares about getting the best people, just the ones with the best pedigrees. This would be perfect in finance.
It's adverse selection: the type of people who would use this service are probably not the people you want working for your startup. The really successful people would be picked off in other ways (not actively recruiting) so you are left with the B and C players (which ironically are a dime a dozen)
Needs excel support.
it doesnt matter for a file of size 1kb. For a file of size 10Gb, every process matters.
For the downvoters: please time how long it takes to do something like `cat $file | awk '{print $1}' ` and `awk <$file '{print $1}'`
"Anyway, that's obviously not what Tesla is doing -- but they should. They should definitely have a California Delivery program. They probably already do."
They can't give the same discount (the discount stems from avoiding new car taxes).
But as an American example, Corvette has a program where you get to participate in the car building process and you take delivery in KY. What makes that program cool is that you get to see the heritage (the Corvette museum)
tarballs
Michael Dell hopefully dumped enough shares to have sufficiently large warchest to buy back dell ...
There are many seemingly-abandoned projects such as http://www.kickstarter.com/projects/832784035/orbit-a-swivel... and the response does nothing to indicate that kickstarter cares about abandonment.
I assume its tied to device, so it's more like:
Build $1 app; purchase 1000 blackberry phones on 1000 contracts; purchase 1000 copies; profit???
I've got Terabytes of data that need to be archived and possibly recalled later (trading logs and market data preserved in case of an audit). I'm not at the scale of Glacier. If TarSnap had a readonly vault (files in said vault would never change) then it would be able to distinguish the files and split between the Glacier and S3 offerings.
Because Kickstarter wouldn't make as much money ...
It's not even that.
Oftentimes many of the recurring services are easily replicable. So until a market leadership position is cemented (until you set up the moat) you don't want others to know that building XYZ service actually could be significantly profitable.
There's a ton of adverse selection issues, and I suspect a large part of it is due to the price point. People and startups tend to want to pay a very small amount of money for design and code, and as a result the best people will opt to go for higher paying gigs. And if you want to pay a lot, many jedi knights have become disillusioned and avoid working with you in case you decide to flake at the last moment. And god forbid paying upfront: you don't know what you will get.
There is also the strange model of communication. Some places side with the developer and other places side with the sponsor (in the sponsor case, they present the spec and if the developer doesn't perfectly match the spec they won't get paid)
It's really ironic to see this and other similar posts recently, given that I'm about to launch a site to address the stated issue: http://codewren.ch
But more generally, the best option is to work with a friend or a friend of friend.
You can't see all repos for which you have commit access. (e.g. if you are in an organization, you have to query the organization to get the fact that you are a contributor)
Go to https://api.github.com/users/your_user_here/repos to see what repos are accessible.
NOW: it is possible to iterate through all of the repos in Github and build it up, but that's far too much legwork and would need to be run continually.
I shorted the equity directly.
The main costs are:
- Transaction and Margin costs (those are generally 1 cent per share per side, roughly .06%)
- Borrow costs (For that trade it was 30% annualized. I held it for 6 days so its .7%)
So the cost to the trade was .76%. The gross return (since you calculate returns relative to the starting point) is (31.5 - 27) / 31.6 = 14.28% and the net return is 13.53%Note that I didnt short as much as I could have -- obviously the return would be higher if I borrowed extra money to short.
In this case, there's a nonzero chance the author saw the HN discussion and made a quick post. After all, it is TechCrunch ...
I shorted from 31.50 down to 27 .. wish I held onto the position ...
Yesterday's discussion: http://news.ycombinator.com/item?id=4459958