7 karma · joined March 3, 2012
Poor market sentiment also affects M&A. I remember from my banking days in 2008, where one of my clients with $2 billion in cash wouldn't even fork over $100 million to acquire a company at 9x revenue with 80% revenue growth.
So over all exit options are appearing less attractive for VCs, thus they're likely to fund less companies at lower valuations.
That's just the tip-of the iceberg though. There're so many programming discipline that newbies need to learn if they're serious about building a great product and being a project manager.
For example, my ex absolutely adores the pugs/bulldogs family, but has a mysterious distaste for poodles. A comparison limited to the same breed will give you better ratings, but also makes it harder till you hit critical mass.
Launch party is just part of the strategy. I'm definitely leveraging many low cost channels as well. Just needed some outside perspective :)
For me, if you can use the terminal freely and build something functional REAL quickly by tweaking frameworks/apis, then you are at the starting point of a "hacker".
I think if you have high Karma on HN, you probably care enough about the topics here to be a true Hacker.
On a side note, Coffeescript is one of my fav for it's ease of fixing common bugs concerning global variables, semicolons and equality comparisons. But I am a little turned of by its overblown hype on simplied syntax by its fanboys. They need to realize that, sometimes typing function in JS is just as easy as typing -> in most IDEs.