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Elof

3,695 karma · joined March 17, 2011

@elof
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Elof··on Equity guide for employees at fast-growing companies
1 point by Elof 0 minutes ago | edit | delete [–]

Totally missed this 10 days ago, but here are some things to consider based on my experience. Look at their funding. Not always bad, but have they taken a bridge round (something to keep them afloat while they get a bigger round together).

Did they have a down round i.e. valuation stayed flat or went negative after they took more money. This almost always dilutes common stock way more then preferred stock and VCs usually have preferred. They often re-cap in this case as well (change the terms of the cap table). Basically any time VCs have the upper hand they will dilute common stock holders.

Really, don't expect to get any meaningful amount of money unless the company sells for way way more than they raised or if the company goes public and the only way you're going to make the big bucks is if the company sells for a huge multiple while they are relatively small or goes public.

Elof··on Ask HN: What are you surprised isn’t being worked on more?
Micro-grids
Elof··on Equity guide for employees at fast-growing companies
Same thing has happened to me 2x
Elof··on The biology of dads
I echo this as well. I'll also add that I made very little to no investment in my mental health until becoming a father. My perspective on who I want to be and what I need to do to get there changed practically overnight.
Elof··on Disrespectful Design – Users aren’t stupid or lazy
Good design in many products does what it is intended to do for all users down to the lowest common dominator. So, sometimes you have to think about users who aren’t super intelligent and might actually be lazy. Still, the author has a point
Elof··on Parents are 5X as Worried about Infection and School than Work and Paying Bills
100% this. The economy isn't part of nature. In it's current form it's a relatively new social construct that honestly doesn't seem to be working very well for a lot of the global population
Elof··on Parents are 5X as Worried about Infection and School than Work and Paying Bills
You can also be worried about both but more worried about one or the other. I'm a parent who was laid off because of COVID and I'm more worried about my kids health than the economy or my ability to get another job. That doesn't mean I'm not worried about the economy or trying to minimize the impact a bad economy will have on society/individuals.
Elof··on The Billionaire Behind Efforts to Kill the U.S. Postal Service [pdf]
cost and ease
Elof··on Website allows you to experience what it is like to live with dyslexia (2016)
I'm dyslexic and I think this is likely less about exaggeration and more about trying to create an experience. In my experience it's not that the letters jump around it's that I can't focus on the words and process them at the same time so I'm constantly jumping from word to word and re-reading. FWIW, visual dyslexia is actually quite a bit less common than auditory.

For example, I have the visual type and can listen to content at 350 to 450 words per min depending on what I'm reading. Many people with auditory dyslexia can speed read visually.

On of the most famous common threads between the two is that learning to read the traditional way takes longer for people with Dyslexia if you have auditory, visual or a combination of the two. It's common for people with Auditory dyslexia to also have speech problems as kiddos.

Elof··on 'Wednesday night massacre' at global media agency as four leaders are ousted
Lol, fair, but still concerning
Elof··on Advice to Young Web Developers
My take is just because you can doesn't mean you should. It seems like there is no such thing as infinite content, and if you feel like you are in a case where there is adding constraints will probably improve your product/ux
Elof··on We need to do the math, even on “small” projects
I have a family member that works for a heavy civil construction company and it sounds like it's a combination of politics and... wait for it, corruption
Elof··on Is an MBA useful for starting a business?
If the business makes money making spreadsheets, yes
Elof··on AWS Snowcone
I believe that's a water bottle
Elof··on All Roads Lead from Prague
I disagree, I think education is one of the foundational pieces of what created SV and helps maintain is tech ecosystem. There was something that got those early tech companies to be here in the first place and I don't think it was just luck.

My opinion is that there are 3 main drivers and that top tier education is one of the most important ones.

They go like this:

Higher education that has enough gravity to aggregates diverse 'cutting edge' people from a variety of pursuits.

A reason for those smart people to stay that isn't just money. I think that's lifestyle and access to nature. You have the ocean, mountains, wine country, and relatively good weather.

The last is capital, I think saying companies is putting the cart before the horse. When I say capital I don't just mean startup capital. The ecosystem has to also have liquidity. There are lots of areas that have one of the 3, but very few that have all of them.

Elof··on All Roads Lead from Prague
A lot of amazing research and startups come out of UC Berkeley, and while they are on the fringe of the Bay Area and arguably outside of it UC Santa Cruz and UC Davis do very interesting research in bio chemistry and materials
Elof··on Facebook adds in feed fact checking labeled 'Related Articles'
I found this in my feed, it's legit. I couldn't find an article about it, so I'm guessing they are beta testing it
Elof··on Ask HN: Are the recent threats from the REvil hacker group credible?
Reworded the question for clarity
Elof··on Ask HN: Are the recent threats from the REvil hacker group credible?
I'm interested to hear if HN community thinks their recent threats are credible.
Elof··on Light-induced propulsion of graphene-on-grid sails in microgravity
Love seeing when science fiction starts to turn into reality!
Elof··on Ancient Egyptian pregnancy test survived millenia because it worked (2018)
It's not that long if you have a spa. I have a family friend who were having trouble getting pregnant with their second child. They tried everything and took over a year, but finally the dr suggested that the husband stoped using the spa... it worked
Elof··on Ask HN: Late-bloomer engineers, when and how did you discover programming?
I'm 36 and didn't start programming until I was 29. Tried to work with people on a project, got frustrated and decided to do it myself. I only did full time programming for a very short time, but I still write code for my job regularly and do side projects here and there for fun. I know full time engineers at big tech companies that didn't start programming until their late 30s. I'd say there isn't such a thing as a late bloomer because life isn't linear like society would like you to believe.
Elof··on Ask HN: I'm a software engineer going blind, how should I prepare?
I'm not loosing my vision, but I'm dyslexic. I listen to almost all content, but just assumed I couldn't do that with code. This is inspiring me to try.

Thank you OP for asking and thank all of you helpful HN folks for sharing.

Elof··on Early riser or night owl? New study may help to explain the difference
Your edit is spot on. I was exactly like you until I became a father. Now up at 6:15 and asleep at 9:30. I used to have a horrible time falling asleep and on and off insomnia. All that is no more too.
Elof··on Not everyone has an internal monologue
I’ve been meditating regularly for about a year and a half and have found it’s one of the most helpful ways to slow down the inner monologue as well
Elof··on Not everyone has an internal monologue
I'm the spell it out type and I don't think it takes for ever. I more or less talk my self though abstractions and visualize the steps in my head. Usually in chunks if it's a complicated thing, but often as a whole. I think a cad model would be the closest parallel I can think of. My inner monologue is talking me through it as I visualize whatever I'm working on. So, it's not saying and.. now.. I.. put.. the.. next.. leg.. and so forth, it's this is how these 4 legs are going to fit
Elof··on Not everyone has an internal monologue
Another thing that happens is that when someone else is talking a lot of the time I've already thought through what they are saying to the point that they don't even need to say it for our conversation to continue and keep track. This makes me extremely annoyed by people I deem long winded. I used to try and hurry the conversation along, but it turns out people don't like that and it definitely makes me look like an ass hole. Also, sometimes I'm wrong and I not only look like an ass hole I definitely feel like an ass hole. As I've matured I've gotten better at listening and not looking annoyed, but my mind wonders as soon as I know where the convo is going. Haven't quite figured that one out yet
Elof··on Not everyone has an internal monologue
Also ADHD and experience the world in a similar but slightly different way. All my narratives are about potential immediate futures and how they might tweak the longer term outcomes. It's interesting but insanely draining and often depressing. Since I've noticed this about my self I've been intentionally trying to take steps to slow my thoughts and be in the moment, but when I do I'm constituently thinking about how doing that will effect my future self, lol. Still, I think I've found that intentionally trying to take moments has been helpful and beneficial
Elof··on Show HN: I built a community for women entrepreneurs and makers
This is wonderful
Elof··on Ask HN: Are books worth it?
If you’re interested, here’s some info about how I listen to content: https://medium.com/@elof/listen-to-this-f5faace03302
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