raiyu

7 ms·

1.
by raiyu 2y ago
That description you have of quality inertia certainly seems applicable to other areas of life as well. I’m certainly seeing a few troubling issues brewing but don’t see as many people as myself taking them as serious warning signs. But whe
2.
by raiyu 3y ago
We did this at DigitalOcean for similar reasons, wasn't a feature that was commonly used. Additionally, when you set that limit people then get upset because usually when they go over it for a good reason, like going viral, they aren&#
3.
DigitalOcean Appoints Paddy Srinivasan to Succeed Yancey Spruill as CEO(nasdaq.com)
1 points by raiyu 3y ago|0 comments
4.
by raiyu 3y ago
Yeah definitely not a good sign for Twilio - the tried and true playbook will now get executed once again. Fire a bunch of people, especially those that are most tenured and have the highest salaries. Raise prices each quarter to achieve re
5.
by raiyu 3y ago
Cofounder of DigitalOcean here, I might have some relevant experience =] Started in the web hosting space 20 years ago, back then it was just managed hosting, then virtualization, and eventually we built DigitalOcean as a product business o
6.
by raiyu 3y ago
Anyone else think this has nothing to do with the regulatory agencies but instead the market has dramatically shifted in the past 15 months in terms of valuations and this is a nice cover to cancel the deal? Figma still gets $1B "inves
7.
by raiyu 4y ago
While Linode is very well known amongst a set of developers the cross-section of customers that overlap between Linode and Akamai is very tiny. This acquisition was about selling a product to existing Akamai customers so branding it as an A
8.
by raiyu 4y ago
Sure the current management team is full of bean counters that aren't doing great at understanding product, but don't give the old management much credit. They completely missed the transition to cloud, they missed AWS, and they l
9.
by raiyu 4y ago
Is it possible yes. You do not need VC to go public. It’s not a requirement. Also this whole journey started a decade ago. There are many more avenues for liquidity and for raising capital. However it is a bit gated. However if you have goo
10.
by raiyu 4y ago
Appreciate it, thank you =]
11.
by raiyu 4y ago
Thank you =]
12.
by raiyu 4y ago
Hard work alone will not garauntee success, but I think there is also a tremendous amount of knowledge that you can pick up that a lot of entrepreneurs seem to ignore, that greatly increases their likelihood for success and also reduces how
13.
by raiyu 4y ago
I think there are several major lessons there that can be generalized to an extent. 1. If you don't have the funds to start a business directly, you may have to acquire them indirectly. In our case building a service business was much
14.
by raiyu 4y ago
That’s become less and less true as the capital required to start a business has diminished and virtual products allow for rapid and unprecedented scale. For me and my brother we were immigrants, divorced household, single mom as some bread
15.
Gumroad raises fees to 10% flat(twitter.com)
9 points by raiyu 4y ago|2 comments
16.
by raiyu 4y ago
You may have 3 out of 5 board votes, but unless you have complete control and full voting control they usually have carve outs like approving any change of control (aka selling the company). You may receive a buy-out offer you find very int
17.
by raiyu 4y ago
If you are testifying remotely, I suppose you are still under oath and have serious consequences for perjury ?
18.
by raiyu 4y ago
Seems like minimal overlap potentially if they were just using it for a theme, but the tone is a bit defensive, and I don't think that John was rude in his original tweets and more of like tongue in cheek sort of fun and offering to co
19.
Airbnb Is Running Riot in Small-Town America(wired.com)
3 points by raiyu 4y ago|0 comments
20.
by raiyu 4y ago
The reality of is that for profit insurance companies want an opaque and high pricing structure. This allows them to charge higher premiums across their entire set of customers meanwhile the number of people that are getting seriously sick
21.
by raiyu 4y ago
This is great, one of the annoying bits of doing anything in Crypto has been buying Crypto in the first place, this certainly makes the whole process easier. And since Stripe is handling the KYC portion it reduces the complexity tremendousl
22.
by raiyu 4y ago
You are confusing Gemini Exchange with Genesis. Gemini Exchange for now is fine, but their earn product which actually works with Genesis (separate entity) is where withdrawals were paused because Genesis is having a liquidity crunch as a r
23.
by raiyu 4y ago
I think the reason that Elon Musk is doing all of these layoffs so brashly is because he essentially paid $44B for an asset that's worth $15B. That's a $30B hole he needs to climb out of. Additionally the amount of debt he took on
24.
by raiyu 4y ago
Actually a pretty good idea. I think Sheryl Sandberg running Twitter would be a great idea. She definitely has a ton of experience, is used to dealing with complicated founders and executing on their vision, the only place that she could mo
25.
by raiyu 4y ago
Appreciate it! Thank you =]
26.
by raiyu 4y ago
I would be the wrong person to ask about that, as I tried to stay as far away from the details of that along with the low level details around finance. But basically as a public company there a bunch of regulations around a bunch of interna
27.
by raiyu 4y ago
The only reason we would consider a SPAC is to decrease time, but you do take a reputation hit. You also aren't building relationships with banks, which is very positive, again because it provides future financing needs which could be
28.
by raiyu 4y ago
Having gone through an IPO (cofounder DigitalOcean), it honestly wasn't a set back internally. The majority of the burden is on the finance team, having your finances in order and audited is a huge benefit to the business, the rest of
29.
by raiyu 4y ago
White collar crime doesn’t dole out that sort of punishments unless defrauding the IRS is involved. Will be some jail time but no where close to life. Just doesn’t happen that often that there is a precedent for that.
30.
by raiyu 4y ago
When covid started sporting events were cancelled and the general population received cash stimulus and with the ease of use of iPhone apps a lot of people that were used to gambling on sporting events switched to crypto. This led to an inc

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