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paragpatelone
searching Neon…
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1.
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paragpatelone
8y ago
I think it is a bold move. In their situation it seems like the right move. I am seeing a lot of sentiment on HN that feels sorry for VCs. VC already get paid above 200k/year; no need to feel sorry for them. People should feel sorry
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paragpatelone
8y ago
Who cares if it's bad for VCs. They already get paid over 200k+ in carry every year for over 10 years. They are also not investing their own personal money.
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paragpatelone
9y ago
I also think another factor is over the past 10 years, there has more investor money thrown at early stage startups. That just means that it harder for companies to break out. Due to that fact I am not sure accelerators even YC will provi
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paragpatelone
9y ago
I think they already had revenue and they were profitable before taking the money https://www.inc.com/profile/messagebird . Maybe their growth in terms of revenue and profits, really got investors excited. However the
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paragpatelone
10y ago
Oracle is not going to win, not matter what they do. Oracle is built on selling costly products and services versus operating in a low margin environment. 1.) Amazon has a much higher bar for hiring talent, than Oracle does. 2.) Amazon is
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paragpatelone
10y ago
"What keeps this going is that each VC thinks they're better than average" Another thing keeps them going is that the VC Partners get a nice salary for 10 years. Many of them will make more money than many C-level executives
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paragpatelone
10y ago
I am always curious about who are the LPs are and the slide deck KP used to raise more money. What was the deciding factor in the LP committing more money. Is it because there are no other options for LPs to make a decent return (close to
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paragpatelone
11y ago
"His self-funded experiment could end with Hotz humbly going back to knock on Google’s door for a job." The biggest thing here IMO is this is self-funded. Any startup trying to do what he is doing in this environment would have ra
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paragpatelone
11y ago
Great comment.
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paragpatelone
11y ago
Yea so Chamath is not doing anything that is innovative. Carriers are already doing it.
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paragpatelone
11y ago
I am sure he may have something up his sleeve. But how exactly is Rama going to compete, are they going to acquire real infrastructure or build cell sites? It will be pretty costly to build something from the ground up or to acquire custom
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paragpatelone
11y ago
There is a bubble at the seed stage. There are tons of people (accredited investors) investing that stage and tons of incubators/accelerators to help introduce those startups to those investors. Platforms like Angel list are helping f
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paragpatelone
11y ago
People like Swisher and Sacca are trying cast Dorsey has Jobs 2.0 and they are dead wrong. Jobs was a extreme outlier and there is no pattern matching on that. I hope they realize that Twitter is a software company. There is very little c
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paragpatelone
11y ago
T is for Tesla
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paragpatelone
11y ago
His biggest issue was this "Two of Mr. Price’s most valued employees quit, spurred in part by their view that it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises." If he
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paragpatelone
11y ago
I wonder how far their valuation can go before they go public. $100B, $200B, $400B?
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paragpatelone
11y ago
The competitor that his hiring the best people in terms of skills and values (values that aligned with the companies core values); given everything else is equal will be much better off.
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paragpatelone
11y ago
Companies have to be very careful how they define cultural fit. If they leave it open, it can impart personal bias that are not at all beneficial to the company. Maybe "value fit" should be used instead of cultural fit. Do your
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paragpatelone
11y ago
Do most YC companies follow this balanced approach?
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paragpatelone
11y ago
Not really sure what Mr. Noto brings to the table besides trying to sell the stock to institutional investors and others on wall street. I don't want to discount Mr. Noto, however I really don't think he can turn twitter around.
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paragpatelone
11y ago
How do you guys compare to HackerRank?
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paragpatelone
11y ago
Depends on what you mean by success. If you mean being a profitable bootstrapped business there are probably tons of companies. Companies that went on raise series A and beyond some companies might be out there. However I have feeling succ