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JonFish85

HN member
Joined
Fri, Dec 14, 2012, 3:38 PM UTC
HN karma
3,039
Public activity
741 items

About JonFish85

First love was software, but I work closely with hardware now (embedded engineer).

I live and work in Boston.

Recent public activity

  1. comment
    Comment #16849360

    > Congrats either way! One thing to keep in mind, with something like this, employees' stock is almost certainly worth $0. There will likely be some sort of retention plan for some…

  2. comment
    Comment #16226436

    "the main ones you care about are: revenue, expenses, total burn and cash in the bank" That's part of it, but not all of it. Total number of outstanding shares (including warrantab…

  3. comment
    Comment #16222958

    "This is one area that YC has a strong incentive to act in, but hasn't." This is an interesting thing to consider. If you look at the current president of YC (sama), at least from …

  4. comment
    Comment #16205038

    "isn't it also being loaned out as well" Hm? In the stock market, you pay a current stockholder for their share(s). The company sees no money from the transaction. It sounds like w…

  5. comment
    Comment #16204915

    Just to play devil's advocate on this, the money in the stock market (i.e. any stock transaction outside of a public offering) is generally not being invested in companies that act…

  6. comment
    Comment #16128277

    A different way to look at it might be that in most cases, an illegal deed might be overlooked simply because someone didn't have the funds to see it through the court system. It's…

  7. comment
    Comment #16082008

    I think that this is a natural consequence of a world in which it's impossible to have a dialogue about some things. There are some topics in which it's essentially impossible to h…

  8. comment
    Comment #16064553

    I thought Prisoner's Dilemma was more about the inability to have good information: the prisoners can't communicate with each other, and therefore have imperfect information about …

  9. comment
    Comment #16064509

    Soundcloud exists, but is likely on life support[1]. 1. https://news.ycombinator.com/item?id=14990911

  10. comment
    Comment #16064467

    Google and Apple have that too -- YouTube and iTunes have been around longer than Spotify, and likely have similar data sets.

  11. comment
    Comment #16062514

    Isn't the point of an IPO generally to raise funds? In this case, it's just allowing people to sell their shares to the public, right? From the company standpoint, this is almost c…

  12. comment
    Comment #16062330

    I'm not sure how the Prisoner's Dilemma applies here? I agree that consumers should be educated and have the ability to make informed decisions; in many ways, this is what makes a …

  13. comment
    Comment #16061738

    >"Luckily humans have developed a great coordination mechanism called 'democracy' and we can use it when coordination in the market place has failed." I find that sort of thinking …

  14. comment
    Comment #15952037

    "Do people really believe that infrastructure is not the purview of the government?" I don't think anyone is arguing that the government shouldn't be responsible for certain infras…

  15. comment
    Comment #15900373

    According to MacRumors, it's a deal "that could be worth $400m". If I were to guess (based on just public information which is almost nothing), the stock is not going to be worth m…

  16. comment
    Comment #15900346

    Is it actually profitable? "Profitable" is a fun term to throw around to make your business look good, but it can mean a lot of different things (net margin profitable, gross margi…

  17. comment
    Comment #15882587

    If you own the share (exercised the option to buy it, were granted a share, what-have-you), you'll get a letter once the deal is finalized. If they were bought for $100m, you'll li…

  18. comment
    Comment #15882154

    Basically it's who you'd think. Some investors will get their money back, some will get a bit more than others. The founders will be fine, but probably more due to their role than …

  19. comment
    Comment #15855811

    Why is that interesting? After working for 40 years, saving religiously, it’s entirely possible that they’re living a solid middle class lifestyle not much different from someone e…

  20. comment
    Comment #15853319

    I'm not thinking just SS. Imagine in 30-40 years when SW engineers are retiring with their $5m 401k, but their neighbor is still barely making rent at their service-level job. I im…

  21. comment
    Comment #15853243

    To me, this is another implementation of the housing bubble: - People see college graduates making a lot of money - Politicians make it a priority to make it easier for people to g…

  22. comment
    Comment #15853052

    > People who came from my alma mater who majored in drama can't say the same. Don't worry, your salary gives them a way out too. And I'm not just saying that to be snarky, I think …

  23. comment
    Comment #15809653

    "Don't settle for common stock" Unless you're a C-level employee, you're not going to have the choice. And even then you're probably still not going to have a choice except in very…

  24. comment
    Comment #15808683

    Others have mentioned similar things, but there are a few things to consider. Remember, $80k/year now may seem fine, but you have no idea what the future holds. First, you may aver…

  25. comment
    Comment #15790253

    > From the perspective of trying to get the budget balanced, taxing wealth is probably the single most efficient way to do it. Why? As a total layman, wouldn't it be incredibly ine…