HN user

y_gy

120 karma

Official account for the y.gy link shortener at https://y.gy

Personal website at https://mayakyler.com

Twitter at https://twitter.com/mayakyler

Thanks for stopping by! :)

Posts6
Comments10
View on HN

Hi! I'm working on https://UpdateMaker.com. UpdateMaker is a super-simple widget for delivering in-app updates and notifications to users.

As a dev, I always want to tell users about our latest updates, but making front-end updates requires a whole production deploy, and a backend notification service is a lot to set up. UpdateMaker makes it easy to manage updates without an engineering cycle.

UpdateMaker lets you copy-paste our widget into your website, and then you can push update notifications to your users. You can customize the look and feel, schedule updates, track user engagement, and make it conditional on pages the user might visit. We manage all the cookie-handling so the user only sees updates they haven't seen before. It's been super useful for us!

From there, UpdateMaker also automatically exports all your updates as a changelog that you can publish for your users or SEO :)

I would guess that this is actually SBF acting through an accomplice. Of course everyone's going to look at SBF when asking where that final $400 million went. Right now he's on trial, in the courtroom, everyone sees him there -- perfect Alibi.

As I mentioned in another comment -- no, their options will not be underwater, because the strike on their options is set by the 409A value, which will have been far less than 1.5B. It wouldn't be unusual to see a company that's got its preferred stock valued at 1.5B and its 409A at 400M.

Liq pref > 1 was extremely uncommon in the last 5 years.

Employees who joined after the 1.5B valuation will have made money because the strike on their options is set by the 409A, which will have been far, far less than 1.5B. Preferred stock price is not the same as 409A common price.

This comment misunderstands how liq pref works. Liq pref is about the amount of money invested ($175M), not about the valuation. At a $975M exit and a par-for-the-course liq pref of 1.0, it is very likely that all shareholders will have made money on the exit.

The "brain vs brawn" is one of the most misguiding stereotypes in our society, surely left over from an older time when training in one necessarily meant less in the other.

In practice, today it's all about discipline. Lots of very smart technologists or financiers are also in great physical shape. The two correlate. (And by extension, if you look at the demographics that are least physically fit, they also tend to be the least educated.)