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arbitrage314

HN member
Joined
Thu, Mar 26, 2015, 4:14 PM UTC
HN karma
244
Public activity
71 items

About arbitrage314

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Recent public activity

  1. comment
    Comment #32115096

    What about breastfeeding from the nipple vs drinking pumped breast milk? Or breastfeeding from a wet nurse vs breastfeeding from one's biological mother? Sounds like we still know …

  2. story
  3. comment
    Comment #10785528

    Actually, one small correction to your math. You should adjust, for cost of living, only the part of your paycheck that you will be spending while living in that area. E.g., suppos…

  4. comment
    Comment #10785506

    I used a Pensco self-directed IRA: https://www.pensco.com/

  5. comment
    Comment #10785016

    You bring up a good and interesting point. From what I've seen, startups almost always pay less than market, but they make up for it in four different ways: 1. Quality of life and …

  6. comment
    Comment #10784828

    I'm 30 years old, and my rent is about $1200/month (I'm married, which helps cut down on costs). After taxes, $250k becomes $150k. After rent, food, staying alive, some travel, etc…

  7. comment
    Comment #10784802

    Yeah, typically you have to make at least $200k/year or have a net worth of $500k (the term is "accredited investor"). Thanks to a new law, though, you no longer have to be accredi…

  8. comment
    Comment #10784737

    Ah, sorry I didn't respond before. I live and work in SF at a large company (not Netflix, but something pretty similar). I'm 80% a coder, 10% a manager, and 10% a data scientist, a…

  9. comment
    Comment #10784719

    Yeah, good point--I'd recommend investing only $10k or $20k if possible. One of my points, though, is that you are effectively investing $100k in the company by taking a crap deal …

  10. comment
    Comment #10784686

    I was a small contributor in a later round (series A or B).

  11. comment
    Comment #10784678

    Yes, in addition to the amazing tax benefits of investing rather than being an employee, you get preferred shares. I also want to add that I know of a startup which allowed employe…

  12. comment
    Comment #10784650

    Most startups are more than happy to take your money. Just email or meet with the founders, explain your enthusiasm for the company, and you're usually good to go! For higher-profi…

  13. comment
    Comment #10784611

    I'm going to keep repeating this comment until the world hears it--I think most people joining startups are being taken advantage of without realizing it. Sorry to be repeating mys…

  14. comment
    Comment #10784597

    If you're going to work at a startup, ask for two things: 1. No employee equity whatsoever, but a slightly higher salary to make up for it 2. The ability to invest in the the next …

  15. comment
    Comment #10759924

    I wouldn't want to stay anywhere long if I was the big fish simply because I enjoy learning new things so much. That being said, at this point in my life/career, I'm not worried ab…

  16. comment
    Comment #10759831

    It usually requires a bit of networking, but that's all--most startups are more than happy to take your money! (And they will usually try to hire you as well.)

  17. comment
    Comment #10759617

    I've been out of school 3-4 years, and I work at a large company. I'm about 10% a manager, 10% a resident data scientist, and 80% a coder, and I love my job.

  18. comment
    Comment #10759559

    I've made this point before, but since it's a bit relevant here, I'll make it again (sorry to repeat): If you're primarily interested in making money, or if you love the startup bu…

  19. comment
    Comment #10754583

    If accurate (which it seems to be), a very disappointing handling by Facebook.

  20. story
  21. comment
    Comment #10630979

    This happens in other futures markets all of the time. The price/month of a long-term lease ends up being a bit more than the price/month of a short-term lease. The same thing happ…

  22. comment
    Comment #10624425

    Why is that? You might be right, but your argument isn't intuitive to me. Landlords are afraid of rent going down, and renters are afraid of rent going up, so a long-term contract …

  23. comment
    Comment #10622966

    Good point. If you're interested in living in the same place continuously, signing a longer lease is perfect. I think a futures exchange is a bit more flexible though because: 1. L…

  24. comment
    Comment #10622772

    If you want rents to go down, you need to incentivize builders to build more property. Some regulation is good, but if there's too much in favor of the tenants, building more prope…

  25. comment
    Comment #10622758

    I'm in full support of some housing/rental market regulation, but such regulation is not without its cons. Similar to Berlin, in New York, tenants have very strong rights. For inst…