supster

It starts to create a secondary market for the shares, which means over time a price gets set. So the next time they try to raise money, this price becomes an anchor point rather than whatever arbitrary price Uber tries to set based on perceived supply & demand.

exactly, I'm not sure why you would be having promises of promises

Except in Uber's case where they are famous for keeping tight control on secondary sales.

http://fortune.com/2014/06/20/uber-plays-hardball-with-early...

True, but those are the obvious risks you take as an investor. And late stage investors often negotiate downside protection in the form of liquidation multiples or ratchets.

Sure there is dilution, but the overall valuation has increased faster. I.e. the share of the pie is smaller but the pie has gotten a lot bigger, so you end up with a bigger piece.

To provide 1) rule of law and 2) services that benefit from economies of scale yet are too important for privatization (e.g. national defense)

This is especially true for things like flat screen TVs, where both prices have decreased and quality/sizes have increased

I imagine it's a lot tougher if English is not your native language.

I feel like JS is an expected part of the web just like HTML and CSS. How can you build engaging web applications if you are not even allowed to rely on standards like JS (e.g. if the user turns off JS)?

That is super interesting; I would love to see how Clojure compares.

Interesting, could you provide some examples?

Relevant reply by Chris Lattner on the Swift Evolution mailing list: https://lists.swift.org/pipermail/swift-evolution/Week-of-Mo...

why? don't you need side effects, like print("hello world")

laundry would be great too :-)

I'm not undermining them - simply stating that there was a vacuum created by the lack of competition. Even cloning successful services at scale is incredibly difficult, but it's not 0 to 1, it's 1 to n. Nonetheless, I agree Chinese startups are using their current leverage to innovate in really interesting new ways.

It must help Chinese startups that many SV companies are blocked from competing in China. For example no competition from Facebook, Messenger, Instagram, Twitter, Snapchat, Youtube, Gmail, Dropbox, Vimeo, SoundCloud...

more info: https://en.wikipedia.org/wiki/Websites_blocked_in_mainland_C...

I'm a big fan. I love the statically inferred type system, generics, & optionals. Also really like a lot of the functional programming concepts + value types but still enjoy being able to fall back on OOP. It feels like the best of both worlds. I can't wait till we have language native concurrency techniques, so I can start writing swift in backend code.

Interesting, newbie question: where do you put the x.crontab file and how do you get the system to run it? Thanks

True but neurosurgeons go through almost 10 years of additional training at a fellow's salary (~$50k/year), in addition to a much worse work-life balance.

It'll be interesting if the rumors of Apple Pay for web are correct[1]. One could see a near future where using mobile Safari, iPhone users could login and pay at any website just with the credentials stored in Apple Pay + Keychain and the use of their thumbs. I'm sure something similar could be built for Chrome on Android with Android Pay.

1) http://recode.net/2016/03/23/apple-pay-coming-to-mobile-webs...

Yeah I feel that tends to play out based on what class of VC you are. E.g.

seed/angels -> high risk / big portfolio (100s startups) / huge win-loss multiples (but invest small $)

traditional VCs/Seed A-C -> medium risk / moderate portfolio size (10s) / medium win-loss multiples (but invest medium $$)

growth private equity -> small risk / small portfolio (singles) / small win-loss multiples (but invest huge $$$)

Of course the divisions are arbitrary and some investors put money in all categories, but I feel like the above holds true in general.

fixed, thx

This is very cool. I'm excited to use this in my next project. I like the zero setup, no fuss, secure by default features. I guess 4 more questions:

1) Does "Dynamic Realtime Scaling" mean you spin up more clusters and do load balancing automatically?

2) Can your $15/month cost cover this? Or is that what the 50GB bandwidth cap is for?

3) The nature of this service means we need to use a DB service like mLab (mongoLab) or run our own DB server right?

4) What about production logs?

Really cool website! I'm confused though exactly what is going on. Is this kind of like Heroku? What are the pros and cons of this service? For context, I'm currently running a production node/express/mongo service on Digital Ocean.

Actually they are a special type of Monad which is a functional programming concept (see Haskell).

Point well made, I've changed the post to reflect this :)

I lump them since they are the traditional "dynamic scripting" languages popular in backend development. But I agree the strong/weak designations are actually not so neatly segmented.

In this context, strong as compared to Ruby/Python/Javascript

Good catch, I added it to the list

It definitely started off for only iOS & Mac. But I believe the larger aim is to have it be general purpose. For example they have binaries for Ubuntu Linux (this will likely encourage server side development).