346 karma · joined February 3, 2014
You'd have to know their grand vision to decide whether they can become real businesses. And even then, you'd have to buy into it.
I'm confident YC is not investing in any company without a shot at becoming a multi-billion dollar business.
"What was hot in Silicon Valley in March 2013?"
http://www.quora.com/What-was-hot-in-Silicon-Valley-in-March...
Every one of those blew up.
So I ask you the same question:
What is hot in Silicon Valley in March, 2015?
Maybe every other month for one reason or another I'm prompted to sign-in to Yahoo. I sit there for a frustrated three seconds wanting to punch the screen and then just close the page. Can't remember the email address, know I won't be able to remember the password and no way I'm dealing with creating a new account.
Case in point:
The word “hacker” has an unfairly negative connotation from being portrayed in the media as people who break into computers. In reality, hacking just means building something quickly or testing the boundaries of what can be done. Like most things, it can be used for good or bad, but the vast majority of hackers I’ve met tend to be idealistic people who want to have a positive impact on the world.
The Hacker Way is an approach to building that involves continuous improvement and iteration. Hackers believe that something can always be better, and that nothing is ever complete. They just have to go fix it — often in the face of people who say it’s impossible or are content with the status quo.
Hackers try to build the best services over the long term by quickly releasing and learning from smaller iterations rather than trying to get everything right all at once. To support this, we have built a testing framework that at any given time can try out thousands of versions of Facebook. We have the words “Done is better than perfect” painted on our walls to remind ourselves to always keep shipping.
Hacking is also an inherently hands-on and active discipline. Instead of debating for days whether a new idea is possible or what the best way to build something is, hackers would rather just prototype something and see what works. There’s a hacker mantra that you’ll hear a lot around Facebook offices: “Code wins arguments.”
Hacker culture is also extremely open and meritocratic. Hackers believe that the best idea and implementation should always win — not the person who is best at lobbying for an idea or the person who manages the most people.
To encourage this approach, every few months we have a hackathon, where everyone builds prototypes for new ideas they have. At the end, the whole team gets together and looks at everything that has been built. Many of our most successful products came out of hackathons, including Timeline, chat, video, our mobile development framework and some of our most important infrastructure like the HipHop compiler.
-Mark Zuckerberg in his letter to investors at the FB IPO.
Answers are obv: (1) you (2) no - so your skills are not valued at $0.
Discovery is the problem. Not a lack of quality content.
#ShitVCsSaidIn1999
>Its revenue and EBITDA have consistently climbed in each year since going public, and there is plenty of cash on hand without a single cent of debt.
What about their business? I don't even know what they do today, still daily deals? How is that going, how are the growth prospects? Did they pivot, will they need to?
Asking the writer more than HN. That was crappy 'journalism'.
China with only 1.6 million is downright shocking. You read about new billionaires in that country all the time. I guess the wealth is only flowing into a very small number of hands.
Law firms and others specialize in doing this.
I don't know that accountability is a bad thing. If you're so ashamed of what you're saying that you don't want people bringing it up later, don't say it. Or use an alt.
This can balance out the fact that it's an anonymous anything-goes site. Yes, people can say pretty much whatever they want but if they know they will get shamed for it later, it might prevent them sharing the worst stuff.
NameCheap is better than most, though. The only reason I don't keep a lot of domains with you is price. Your renewal fee's are significantly higher than budget registrars like Dynadot. And when you own a lot of domains, that extra 10% adds up fast.
$12 is really expensive...
You don't seem to understand how competitive YC is. Guys like that are a dime a dozen when your acceptance rate is less than 3%[1].