HoyaSaxa

Narmi (Techstars NYC '17)| Full Stack Engineer (Front End Focused), Mobile Engineer, Product Designer | New York, NY (NYC) | https://www.narmitech.com

Narmi is helping the 10,000+ community banks and credit unions in the United States reinvent themselves with better online and mobile banking. We want to create a more diverse and engaging financial ecosystem by empowering these institutions to compete with the top 10 banks that hold almost half of all deposits in the United States currently.

Narmi was founded by two Georgetown University alums who previously worked as CEO and CTO of a $18 million credit union and also at some of the largest banks in the world. We are a team of 3 and looking for engineer #3 and #4, and also a lead UI/UX designer. Even if you don't think you are an exact fit for one of our current openings, we'd still love to talk. We are always looking for well-rounded engineers that have expertise in AWS, Ansible, Terraform, Swift/Objective-C (iOS), Java (Android), python (Django), visual design/UI/UX, and/or security.

The interview process entails a call to get to know each other, followed by a half-day in-person interview that includes a code pairing session.

* Full Stack Engineer * Mobile Engineer *Product Designer

You can learn more and apply via email:

jobs @ our domain

It is pretty simple: network effects.

Nearly every trader, sales person, and investment manager in finance has a bloomberg terminal which is guaranteed to own a lot of screen real estate on their monitors. If you need to get in touch with someone as quickly and efficiently as possible, bloomberg chat is the way to go. You are usually involved in multiple conversations at once so phones just don't cut it.

I traded two different products that were almost exclusively traded via IB (chat) or MSG (email like). There is nothing special about either of those communication channels, but market norms are incredibly powerful.

As others are mentioning, Bloomberg also centralizes a ton of different data, but this much easier to replicate than the network effects of the products above.

Narmi (Techstars NYC '17)| New York, NY (NYC) | Full Time | ONSITE | https://www.narmitech.com

Narmi is helping the 10,000+ community banks and credit unions in the United States reinvent themselves with better online and mobile banking. We want to create a more diverse and engaging financial ecosystem by empowering these institutions to compete with the top 10 banks that hold almost half of all deposits in the United States currently.

Narmi was founded by two Georgetown University alums who previously worked as CEO and CTO of a $18 million credit union and also at some of the largest banks in the world. We are looking for engineer #3 and #4. Even if you don't think you are an exact fit for one of our current openings, we'd still love to talk. We are always looking for well-rounded engineers that have expertise in AWS, Ansible, Terraform, Swift/Objective-C (iOS), Java (Android), python (Django), visual design/UI/UX, and/or security.

The interview process entails a call to get to know each other, followed by a half-day in-person interview that includes a code pairing session.

* Full Stack Engineer * Mobile Engineer

You can learn more and apply via email[1] or AngelList[2]. Please make sure to include you came from HN! [1] Email published on this page https://www.narmitech.com/careers [2] https://angel.co/narmi/jobs

This is something I've been looking into for the last few weeks for my 3 person NYC based startup. All of the options through the exchanges/brokers are laughable. If you are young and healthy, a catastrophic plan might be your best bet. I was paying ~$125 a month for Oscar last year. Coverage only kicked in after ~$6600, but I was just looking for something that covered me from an IRS/penalty perspective. The premium went up ~33%, but sadly that is still my best bet without a company plan.

We just signed up for JustWorks, a PEO, primarily because their healthcare plans are much cheaper than going direct to brokers as a 3 person company. They require 2 people though so if you are solo I don't think this is an option for you.

Narmi | New York, NY (NYC) | Full Time | ONSITE | https://www.narmitech.com

Narmi is helping the 10,000+ community banks and credit unions in the United States reinvent themselves with better online and mobile banking. We want to create a more diverse and engaging financial ecosystem by empowering these institutions to compete with the top 10 banks that hold almost half of all deposits in the United States currently.

Narmi was founded by two Georgetown University alums who previously worked as CEO and CTO of a $18 million credit union and also at some of the largest banks in the world. We are looking for great engineers who are interested in joining an early-stage startup in NYC. We are now a team of three and have some exciting news that we will be sharing later this month. Even if you don't think you are an exact fit for one of our current openings, we'd still love to talk. We are always looking for well-rounded engineers that have expertise in AWS, Ansible, Terraform, Swift/Objective-C (iOS), Java (Android), Django, visual design/UI/UX, and/or security.

The interview process entails a call to get to know each other, followed by a half-day in-person interview that includes a code pairing session.

* Full Stack Engineer * Mobile Engineer

You can learn more and apply via email[1] or AngelList[2] [1] Email published on this page https://www.narmitech.com/careers [2] https://angel.co/narmi/jobs

I don't think problem with ebikes is power. Safety becomes a huge issue above 20 MPH both for the rider and bystanders. Instead, ebike adoption seems to be limited by style, weight, and affordability.

Riide[1] is one company I've seen trying to tackle these problems. It was started by a fellow Hoya (so I'm biased). I find their unique pricing model to be very interesting/attractive as a first time eBike owner. Instead of shelling out thousands of dollars up front, you pay $79 per month for the bike, unlimited maintenance, insurance, and accessories. After 24 months you either own the bike outright or opt-in to upgrade to the latest model.

http://www.riide.com/

This is obviously a really admirable cause, and as someone who wears contacts, I couldn't imagine not having access to corrective lenses.

Just a word of caution to anyone considering making a donation, their donations page is not served over HTTPS. Their unsecured page renders an iframe [1] from their payment processor that is served over HTTPS though. I haven't tested it, but you should be able to make a donation securely via that link.

I reached out to them to let them know and offered some assistance.

[1] https://secure.fundraisingbox.com/app/payment?hash=UuYpAgAJ0...

Narmi | https://www.narmitech.com | Full Time | ONSITE | New York, NY (NYC)

Narmi is helping the 10,000+ community banks and credit unions in the United States reinvent themselves with better online and mobile banking. We want to create a more diverse and engaging financial ecosystem by empowering these institutions to compete with the top 10 banks that hold almost half of all deposits in the United States currently.

Narmi was founded by two Georgetown University alums who previously worked as CEO and CTO of a $18 million credit union and also at some of the largest banks in the world.

We are looking for great engineers who are interested in joining an early-stage startup in NYC. Even if you don't think you are an exact fit for one of our current openings, we'd still love to talk. We are always looking for well-rounded engineers that have expertise in AWS, iOS, Android, Django, visual design/UI/UX, and/or security.

The interview process entails a call to get to know each other, followed by a half-day in-person interview that includes a code pairing session.

* Full Stack Engineer * Mobile Engineer

You can learn more and apply via email[1] or AngelList[2]

[1] Email published on this page https://www.narmitech.com/careers [2] https://angel.co/narmi/jobs

Yes agreed, but the real question is why can they guarantee that your item will ship sooner if you select one-day shipping. They can conveniently get your item on the truck much more quickly (1 vs 3 days) if you are willing to pay extra for one-day shipping.

For example for the boots:

One-Day Shipping -> 1 day of processing + 1 day of shipping = 2 day turnaround

Two-Day Shipping -> 3 days of processing + 2 days of shipping = 5 day turnaround

Unfortunately, the people who are likely to be most negatively impacted by an incident like this (relatively smaller amounts taken across a large number of accounts) are not in the position to have multiple bank accounts. Someone who is living paycheck to paycheck needs to aggregate all of their funds in one bank account in order to write a check for rent, and to avoid excessive non-sufficient fund fees.

Agreed that this is sage advice for anyone who is able to financially have multiple accounts though.

Narmi | https://www.narmitech.com | Full Time | ONSITE | New York, NY (NYC)

Narmi is helping the 10,000+ community banks and credit unions in the United States reinvent themselves with better online and mobile banking. We want to create a more diverse and engaging financial ecosystem by empowering these institutions to compete with the top 10 banks that hold almost half of all deposits in the United States currently.

Narmi was founded by two Georgetown University alums who previously worked as CEO and CTO of a $18 million credit union and also at some of the largest banks in the world.

We are looking for two great engineers who are interested in joining an early-stage startup in NYC.

* Full Stack Engineer * Mobile Engineer

You can learn more and apply via email[1] or AngelList[2]

[1] Email published on this page https://www.narmitech.com/careers

[2] https://angel.co/narmi/jobs

Just to illustrate a potential scenario:

You use a piece of open source software that has a javascript file which the author has hosted on a CDN. In order to mitigate an attack where someone changes the content of the javascript file you use a hash[1] to ensure the file does not change. You think you are safe, but a malicious actor gets access to the CDN and instead of changing the file, instead builds a quick scripts that looks for password reset referrer patterns and races the human to reset the password first. A computer is probably going to win that game that majority of the time.

[1] https://github.com/twitter/secureheaders#hash

When Robinhood was first announced a few years ago, I was excited that the retail brokerage industry was becoming more accessible for a number of reasons. Most obviously, we live in a capitalistic society, and inherently those who are able to make an equity investment (whether it be in a home, a small business, a startup, or a publicly listed company) are giving themselves a better chance at long-term financial freedom if they are also able to properly diversify their investments.

Robinhood still provides a great service to those who have a relatively small amount of money to create a diversified custom portfolio, but I would highly recommend against Robinhood Gold in today's interest rate environment. If you are 25 or younger, which is a core demographic of Robinhood, you are much better of with Interactive Brokers for any type of margin account. The UI/UX leaves a lot to be desired, but you will likely save a lot of money. Let's say that you have $2000 to invest and want to borrow another $1000 for a total investment of $3000. Since you understand the importance of long term investing as well as diversification, let's assume you are going only going to make 10 trades per year (if you are making more than 10 trades per year with a $3000 account you should seriously reconsider your investment strategy). For simplicity, let's also assume your portfolio balance maintains a $3k balance. Each year you will pay:

Interactive Brokers: (max($1 x trades per month, $3) * 12) + 1.9% * $1000 = $55 per year

Robinhood: $6 * 12 = $72

Of course, this is a very specific comparison, but I encourage you to look at the total cost of a margin account for your specific situation:

https://d2ue93q3u507c2.cloudfront.net/assets/robinhood/legal...

https://www.interactivebrokers.com/en/index.php?f=1595

I would also highly discourage anyone from trading outside of 9:30 AM to 4PM ET unless there was major news on a specific company (up to 4:15PM for the most actively traded etfs given the futures market keeps the bid/ask spreads tight).

Finally, I would encourage you to read more about the systemic risks ETFs pose to the market before deciding to use them as an investment vehicle. They provide great utility to small investors, but also contribute to liquidity risks that are still not fully understood/tested.

Uber really doesn't have that great of a value proposition in NYC IMHO. While Uber provides a huge value add in most markets via markedly lower rates and the convenience of not finding a taxi, this is not the case in NYC. Drivers still need to be licensed by the taxi commission so rides end up being more or less the same cost all in with the 20% tip as a normal yellow cab. More importantly, a cab is often the worst way to get from point a to point b in Manhattan. The subway and/or the bikesharing program, Citi bike, are generally the fastest ways to get around from 8AM to 8PM. Even if a cab/uber is going to be your best option, cabs are generally always available within a minute or two of waiting on any Manhattan corner while Ubers usually take 5-10 minutes to arrive depending on traffic and the time of day. It really boils down to population density. NYC is simply too dense to give Uber a logistical advantage like the majority of its markets.

> Banks only lend for education because it's not dischargeable - there's no penalty for the bank making a 'bad decision' because they'll get their money one way or another.

I was under the impression that only federal student loans were protected from bankruptcy. However, it looks like that changed in 2005 when Congress largely extended this protection to private student loans as well. I still don't quite fully agree with your statement since financial institutions often have a hard time collecting on debt regardless of their legal rights, but you are certainly correct that this encourages financial institutions to take on more risk. Private student loans are performing much better than federal student loans though (11%+ vs 4%+ delinquency rates) so the data implies that they are still practicing somewhat strong underwriting practices. Further, nearly 95% of all private student loans have a cosigner.

Regardless, the private student loan market is very small in comparison to the federally subsidized student loan market. I know it is easy to blame the 'banks,' but in reality this situation has developed largely from societal pressures (college=success), federal and state policies ('cheap' and 'accessible' loans), and unchecked spending at colleges.

Link of an interesting paper on the subject for those curious: http://law.emory.edu/ebdj/content/volume-32/issue-1/comments...

Coincidentally, I used this today for the first time. It was the 2nd result on Google for me, but was far superior to the first in ease of use. Thanks for your contribution and good luck going forward. My use case today was to create a fixture of initial data for a django app from csv. Oddly enough I wasn't able to find a specialized online tool to create the django fixture and was forced to use your tool along with some manual hacking.

One main benefit of https is confidentiality, but for OSS downloads it more importantly provides an integrity and authentication benefit as well. Sure checksums and/or package signing should provide the same benefit, but most users cannot say they have checked these for every installation (and checksums are useless if served via http because they can be tampered via a man-in-the-middle attack).

A slight tangent, but I am still shocked that many open source projects lack downloads via https (including PostgreSQL). Sure you can offer some layer of security by signing the distributions, but ultimately users are lazy.

@malcolmhere keep up the great work. I have always found the current resources to be lacking especially in terms of implementation examples. One suggestion would be to remove the Chase logo in your SQL injection examples. It is just begging for a cease and desist letter.

I think one of the most interesting aspects of the article is the concerns over Zynga's dependency on facebook, especially with the recent unveiling of Google Plus. Could the demise of facebook be in the not too distant future? Probably not, but it is interesting to think about. I am really looking forward to seeing Zynga's S-1 which is rumored to come out after markets close tonight. I just don't see how these valuations can be justified, but that doesn't really matter to investors as long as they are seeing returns off of these IPOs (and they are). I am really fearing the tech industry might be building its own "ponzi scheme" with these valuations only to see another 1999 bust.

Shoot me an email to cwg23 at georgetown.edu

There are many answers to your question, but when it comes down to it, you are probably looking for someone who can network. Now I don't mean go hire the douche popular jock whose daddy has some fancy title at a 500 company. Instead look for someone who has the ability to make great connections. I would suggest going for someone who has (or is) graduating from a "top" school with a strong alumni network...but I have a feeling you already knew that. It sounds like you already know what you want/who has the best potential. Its just a matter of finding them. I would suggest making the interviewing process a little longer than usual.

PS It seems like I fit the mold quite well so here is my shameless solicitation.

KenJackson is very right. The tattoo artist that inked Mike Tyson's face, is suing "The Hangover 2" for Stan's facial tattoo. I know a post-production house employee that is tasked with changing Stan's facial tattoo frame by frame so that the artist cannot claim infringement on the DVD sales. Very sad how easy it is to make a fortune off the legal system.

So facebook is huge. But what are your thoughts on longevity? Personally I think facebook chat is its biggest flaw. They need to headhunt the team that created gchat and mimic it exactly including video capability. In terms of longevity, I think facebook has to make it easier for websites to integrate with it. For instance, the login with facebook feature is next to impossible to implement without being an experienced coder. Seems like they need to focus on what is already working instead of mediocre tangents like the marketplace and the new group feature.

I think it is more about getting the media and not the public at large behind the safety and potential of autonomous vehicles. The reason people are so afraid of flying is because plane crashes are so hyped by the media outlets. If the media is behind it, then the people will follow. Also, it is about control. If Google allows a fallback feature where the driver can take control in the event of a malfunction like cruise control currently works, people will perceive autonomous cars to be safer because they CAN be in control.

Regulation D was amended in 2009 to take away the 3 sub-limit that applied previously increasing it to 6 in all circumstances. But you are correct in that this is really a traditional rule that has been around for years. It is definitely becoming more of an issue as more and more people rely on online transfers and shy away from in-person banking (which is exempt from the rule as is ATM transfers).

Are you sure about your last point? I have never heard of this, but I wouldn't be surprised if the bank lawyers found some type of loophole. But just to clarify the $25 I referenced is a returned ACH fee. The money is never actually transferred out of savings into checking when this happens.

Right but if BankSimple just uses 1 large slush account in each bank, then they can only be insured up to $250,000. And you are not allowed to have multiple accounts at the same bank that are FDIC insured so it is not possible for BankSimple to just open up a new account every time they reach $250,000. So the only way to properly insure your money at each bank would be to open an account under your name at each bank. My guess is that you are right in that BankSimple will probably just have large slush fund account at each bank. And they will be FDIC insured "at launch" as it says on BankSimple's website. But once that account reaches >$250,000 your money is not fully insured. Now BankSimple doesn't seem so transparent after all...

Not a bad strategy. I have already started a company which has been my number learning experience. I definitely know what I would do differently. Just to clarify the venture was not a failure, but also far away from being a "big" startup (read: slightly cash positive). My number 1 piece of advice (although I don't know how much it is worth) is to network. It is crazy how mindless some investors truly are. It seems if you can get 1 person with a pretty big name in the tech industry behind your project, you can get the whole gang. Obviously you need a great product, but it seems the true value in startups today is the name.

Are you the business or engineer side (or both)?

I'm on the earlier side of the spectrum turning 20 last January. Currently, I'm sitting on my couch writing this while doing research on a "big" startup idea I have, but during the school year, I attend Georgetown. Over the summer, I'll be at Oxford taking a few classes and traveling around Europe a little. After school, I'm really undecided on what I will do. I would much rather prefer to start my own venture, but the $$$ and relative safety of big corporations are big incentives to defect. I'm really glad I have another 2 years to figure it out.

What are you currently/hoping to do?

On this forum I have a feeling that I'm in the minority when I say that Android is superior to the iPhone. The one area that Android needs to improve on is the hardware design. However, unfortunately this is the one area where Google has not stepped foot in yet. I would love to see an android phone on a major network (read: Verizon) that is completely designed and engineered by Google and not Samsung or Motorola. I think this will give Android the boost it needs in order to counteract the rush the iPhone 5 on Verizon will give Apple.

I have always been shocked that Google has outsourced all of its hardware. It has the capital and resources so why not do it all. On a side note, I think the biggest opportunity Google has is to partner with Verizon and other TV providers to bake Google TV into the cable boxes...a cable box designed and built by Google. Now that would be big.