22,600 karma · joined February 22, 2007
k &# cryptolotus #% com
I miss nickb and have slowly come to terms with the fact that I was the only one that ever believed nickb wasn't pg.
My topcolor is f1e9d9Dogecoin is a joke ecurrency, and not even the funniest joke ecurrency. If you want to buy an altcoin, I think PPC is far more likely to make it through 2014 than most.
I think Oakland is the best place to actually build a company while raising a family here right now, by a long shot. The Oakland hills are fantastically livable, and the city of Oakland desperately wants you to start a successful company that will eventually want a waterfront corporate campus in the redeveloped area around 5th Avenue east of Jack London Square. However, your initial fundraising will happen in San Francisco and Mountain View, so San Mateo is the cheap, nice, developed, delicious, urban core halfway between San Francisco and Mountain View.
Befriend the leaders of companies that are leading angel and venture funded companies. Instead of asking for money, ask for advice.
Sign up for https://angel.co, fill it out, follow your friends and people you're a fan of.
Apply to incubators, including YC, for the experience of getting rejected from incubators while psyching yourself up for the experience of getting rejected by angel investors and honing your short form pitch.
Does your business school ever invest directly in companies founded by startups, or is there a group of alumni investors? Ask.
Do any of your well-paid coworkers and bosses from your previous job want to invest and live vicariously through you?
I like 1.5 million as a totally arbitrary amount you should raise.
Sadly, many massive crimes against humanity go unpunished when commited by corporations. Compare the crimes of HSBC to the crimes of Pfizer. http://www.fbi.gov/boston/press-releases/2009/bs091509b.htm http://www.sfgate.com/business/article/Huge-penalty-in-drug-...
The laws of the USA suggest that corporations that are convicted of two felonies are subject to a corporate death penalty, but given the continued non-punishment of perniciously malicious companies like HSBC and Pfizer, don't expect the US Department of Justice to act anytime soon.
http://www.chinatouradvisors.com/UpLoad/Jiangsu/Suzhou/Food/...
"However, Bitcoin transaction as a commodity trading behavior on the Internet, ordinary people have the freedom to participate in the premise own risk."
The new bitcoin policy here isn't that much more conservative than the USA's bitcoin policy, and Beijing just legalized bitcoin for ordinary citizen gamblers, speculators, savers, and options traders! This is a good sign for bitcoin, and the market is reacting negatively anyways, probably encouraged by whales selling off trying to hit stop loss orders.
As the Chinese social-mediasphere dissects this announcement over the next day, the price should recover. Great buying opportunity right now for the short term, even if you're not long on bitcoin.
We get about one BTC order a week at my store and then hold our bitcoins rather than immediately cashing out for USD. The largest orders were from someone who told us overtly that they were basically making orders from us as a way of cashing out their bitcoins.