Viewing profile — mifeng

In which the guy who wrote The Lean Startup builds the most unlean startup possible.

"All my teams were raising red flags about needing more time but he didn't give a damn."

Who in the world could Anxious_Bandicoot126 be??? "The board and myself were lied to one too many times."

Unsolicited advice: your problem isn't great - sure engineering leaders want to increase personal connections between remote teammates, but is that one of their top problems and ho…

This is what I'm talking about. It's been 3 years, and they're still doing testnets? What a joke.

This article seems like it was written in 2017, not 2020. Filecoin raised over $200m and hasn't shipped anything that I'm aware of in 3 years. Maybe it will be revolutionary, but t…

Modern open source projects, like all organizations, need to have an underlying business model to be sustainable. I'm with an open source crypto trading bot project ( https://githu…

As someone who grew up in China, I think this analogy is overblown. PG and others are up in arms about "cancel culture," but I'm not seeing substantial evidence of people's voices …

The only UX that matters in video conferencing software is connection UX, which is where Zoom excels.

Agreed, angels are a much better financing path for founders building profitable startups.

This is an important point. It's not about what VCs want to fund, it's about the types of businesses that founders want to build. Founders have a lot more choices than they realize…

I'm a co-founder of a 15-person startup. We switched our banking and credit cards from Chase to Brex about a year ago and it's just lot better - UX, fees, data, perks, etc.

I remember reading this article when it came out in 2013. When I re-read it today, I finally saw all the obstacles and discrimination that Ellen Pao and Buddy Fletcher had to overc…

This is exactly how we hired most of our devs at Hummingbot. We used to hire expensive Silicon Valley engineers before realizing that the folks we found on Upwork were just as good…

If you know Python, your background is perfect for a role with my company Hummingbot ( https://github.com/coinalpha/hummingbot ), an open source project for crypto algorithmic trad…

This is bad advice. Spending money on SEM before you have any product validation is a waste of money.

I'm sure this post is well intended, but it just pushes new founders into obvious, crowded categories like virtual conference and remote work SaaS. To find good ideas, founders nee…

Don't work for a company with 50k employees. Don't live in a big city.

I was involved with similar trades at JPMorgan and Citi. Investment bankers gave these presentations to hedge funds to convince them to short the housing market. Then, they created…

My first startup used computer vision to extract tables from PDFs. We had great engineers but my co-founder and I didn't know enough about ML back then to design a proper feedback …

Haha his first act was not to ask for help, but rather he "ordered five beers and drunk them."

Stock prices are based on the present value of future profits, so pointing out that Lyft is unlikely to be profitable for a long time is spot-on.

Do you work with blockchain / crypto companies?