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stefanobernardi

1,217 karma · joined March 15, 2010

Entrepreneur and investor

[ my public key: https://keybase.io/ste; my proof: https://keybase.io/ste/sigs/nOgZf3D7c7Lg5q5K8KKVmSL6uyrm5RYkFUbJE2z0uC4 ]

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stefanobernardi··on Ask HN: As an EU citizen how can I put my money into innovative tech?
I've been investing in those areas quite a lot.

The best way is to invest in small venture funds, second best is AngelList Syndicates, and then EU- based equity Crowdfunding.

Platforms like Ustart could also work depending on check size.

The main constraint is to understand how much money. 20k is way different than 200k and 2M.

Feel free to reach out via email / twitter and I'll be happy to suggest a few venture firms that could work depending on your check size.

stefanobernardi··on Ask HN: Is there a way to sell my MVP?
You sure can sell it, but it won't be very valuable. Less than the cost of building it for sure. Probably the only spot that would work for that is Flippa, but you could try to contact a broker like FE International to see if they might be able to help you.
stefanobernardi··on Tesla’s Model S Gets “Ludicrous” Mode, Will Do 0-60 in 2.8 Seconds
Agreed on the terms. It's just that I don't have a better terms, given that we work with digital constantly upgradable web apps and native apps and we still call them "products".
stefanobernardi··on Tesla’s Model S Gets “Ludicrous” Mode, Will Do 0-60 in 2.8 Seconds
All of the responses got what I meant, which I realize is not clear.

I mean a non-disposable, dynamic and upgradable hardware product. This is the first time that I see this in the hardware world, where every object is manufactured and then all plans are towards a V2 or a new product.

The few exceptions are for recalls, but that's obviously a different story.

stefanobernardi··on Tesla’s Model S Gets “Ludicrous” Mode, Will Do 0-60 in 2.8 Seconds
Even if not a software update, I still find Tesla's way of thinking of a car as an actual (continuously update/upgrade-able) product fascinating. Very rare for hardware.

It gives an amazing user experience, "Hey restart your car and it's now got X and Y". Respect.

Edit: clarifying the term "product".

stefanobernardi··on Ubiome, PicnicHealth Partner to Correlate Clinical Data with Microbiome Data
This is game-changing, love it.
stefanobernardi··on Kickpay (YC W15) Is a Marketplace for Invoices That Helps SMEs Get Paid Quickly
Hey everyone, Stefano here, one of the co-founders of Kickpay. Let us know if you have any questions we can answer!
stefanobernardi··on Cloud-Based Bio Lab Transcriptic (YC W15) Lands $8.5M in Series A Funding
I've been a supporter (and small backer) of Transcriptic for a good while.

Max is awesome and he's been ruthlessly executing for 3 years on this now - really impressive to see all of the progress.

Congrats!

Also, awesome news for future YC bio-med companies!

stefanobernardi··on Stripe: Bitcoin
By enabling BTC payments, does this mean that Stripe will change the list of "prohibited" uses? That list is in line with what are usually high-risk card transactions, but by removing that risk (almost) entirely, it seems like this could finally enable a wave of new commerce on diverse and neglected categories.

I'm probably assuming a no as they'll want to keep the card AND bitcoin and not do jut BTC, but a man can dream.

stefanobernardi··on Italian bank's almost risk-free cash-for-cheese loan
That's not the same.

What you're mentioning are basically random subsidies to farmers not based on true market demand.

Never ends well.

stefanobernardi··on Luna – Hack your sleep
I've seen this come up from just an idea to full-on production and these guys know what they're doing.

Was pretty impressive to see them hacking and soldering stuff in their apartment!

stefanobernardi··on Show HN: BillForward – Subscription billing platform for startups and developers
How is this different than Recurly, Chargify and the dozen other SaaS billing systems?
stefanobernardi··on The Distance: A new online magazine about long-lasting businesses
When you frame as a 'new online magazine' it looks to me like a lot of work, but we'll see.

(Not complaining here BTW, I'm pretty sure these will be awesome and inspiring stories I'll benefit from. It's just weird.)

stefanobernardi··on The Distance: A new online magazine about long-lasting businesses
Maybe, it still is quite a bit of work.
stefanobernardi··on The Distance: A new online magazine about long-lasting businesses
Even tho this may be a content-marketing play, these guys seem a bit all over the place. They just "dropped" everything else to focus full-time on Basecamp and here we go with another new side business.

"However, because we've released so many products over the years, we've become a bit scattered, a bit diluted. Nobody does their best work when they're spread too thin. We certainly don't. We do our best work when we're all focused on one thing." "Moving forward, we will be a one product company. That product will be Basecamp. Our entire company will rally around Basecamp."

stefanobernardi··on My low-paying, early-morning, exertion-requiring job
This. I thought exactly the same.

Being woken up at 7am and getting that daily dose of smiles is exactly the same if not better!

stefanobernardi··on Announcing Sysdig: strace + tcpdump + lsof + awesome sauce
OP here, and I agree. I shared as the founders are good friends and the project is pretty impressive. I didn't post the link to the story anywhere so don't really know.
stefanobernardi··on HNSearch – old HN search engine – will be shut down later today
Algolia is also a YC company.
stefanobernardi··on A Personal API
Very cool.

I had actually mocked up something similar with openapi.me, but never got to release it.

It included different level of permissions and data including addresses and payment information. The goal was to have a centralized repo of data to update only once and have it propagate to all the other services asking for the same data over and over (email, address, links, etc).

stefanobernardi··on Show HN: Donat.io - Automatically donate a % of your revenues to charity
Hi everyone, actively looking for feedback on this weekend project. Please shoot away!
stefanobernardi··on LayerVault Sends DMCA Takedown Letter re Flat-UI
The reality is that DesignModo is not new to this.

I have been waiting for this to happen for a while. Their "Bricks UI" is an extremely blatant copy of Google Ventures' web site, and it's weird nothing happened there.

http://www.googleventures.com/ http://designmodo.com/the-bricks-addons/

I'm not on either side, but it's just painful to watch the reactions on HN. It seems like a lot of the commenters were just closed down somewhere waiting for the right occasion to blame some copyright enforcer.

stefanobernardi··on Ideas aren't worthless
Thanks Paul.

Quick comments: - "Ideas change".

I agree but, as I say in the post, this is true only at very early stages, and the best companies tend not to pivot. But this is a personal opinion.

- "Could a team of idiots with a great idea get funding? To give a pathelogic case, could a team with an amazing idea to change social networking, made up of unproven non-coders in a distributed team spread across the Eastern Europe, get funding? No."

I say this on the post, so I don't see what the comment is about. I say that after the idea, the investors look at the team and decide if they are the ones that can execute on it.

- "Again, different investors are different. There are plenty who look at the team first."

This might be true, what I'm saying in my post is that unconsciously I think that the idea you present yourself with will definitely change their opinion about the team. It's a hypothesis that comes with my observation of the funding market. I could be totally off.

- "Any team worth anything will pivot away from a bad idea."

See my last point about pivots. I agree with this, but again, this needs to happen at the earliest stages possible.

Thanks for your comments btw!

stefanobernardi··on Ideas aren't worthless
The point is that often the solution idea is derived from the market + opportunity.

So I'd say that every idea who didn't come from that understanding and observation is worthless, the ones that are conscious reasonings based on a lot of factors are not.

Deal? :)

stefanobernardi··on Ideas aren't worthless
Thanks yamalight. I just think that when people refer to "idea" they refer to much more than that, and should.

Imho business plan is way more than that and includes hiring plans, product timeline, marketing strategies etc.

While idea doesn't just come from "hey wouldn't it be cool if.." but usually entails a much deeper thought process about a market and an opportunity. Or at least it should.

stefanobernardi··on Ask HN: Can I visit your startup in SF?
Max, Kera.io looks awesome, congratulations.

Happy to have you guys visit, and we'd love to talk about using the product too.

We're in SOMA. stefano ]a-t[ betable.com

stefanobernardi··on Stripe Connect
I implemented stripe connect on https://donat.io and it is awesome! The webhooks are great and the ouath flow is super simple too.

Loving it.

stefanobernardi··on Kickstarter is Not a Store
This is a very honorable move from Kickstarter, forcing themselves to follow their mission vs immediate revenues.

This is how every company should operate. And this will definitely improve their long-term shape and revenues.

stefanobernardi··on Show HN: EasyPost - the Stripe for postage
Missing a comma in the first screenshot ;)
stefanobernardi··on App Academy is an intensive web development course in San Francisco
I get the parked domain too http://cl.ly/image/360p2Q0C0Y09
stefanobernardi··on 42Floors (YC W12) Announces $5 Million Series A… Sorta
When I read (unannounced) in the job posting, I was just counting the minutes..

Curious to know if this was intentional, but probably isn't as you can pretty much get anyone to cover a $5M Series A on your terms..

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