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notbitter

HN member
Joined
Thu, Sep 01, 2011, 11:08 AM UTC
HN karma
72
Public activity
33 items

About notbitter

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Recent public activity

  1. comment
    Comment #26981755

    Care to share some of that real data? You're right about the haze of wishful thinking around the issue and seem to be in a position to clear it up a bit. You can infer something ab…

  2. comment
    Comment #5353848

    For better or for worse, the system is named "capitalism" not "hardworkerism". In the "you can't cheat an honest man" department, you can be sure that some of the engineers complai…

  3. comment
    Comment #4670521

    This one is really stretching the definition of an acquihire. It may be that the $2-$5M is unvested stock for the team itself. See points 3-6 here: http://daslee.me/quick-thoughts-…

  4. comment
    Comment #4555478

    http://news.ycombinator.com/item?id=4306256

  5. comment
    Comment #4368318

    The cynic in you is right. The employees have power in an acqui-hire, but they don't negotiate as a group.

  6. comment
    Comment #4311174

    If you avoid the questions "why was this written" and "how did it get from the author to my eyeballs" you will never develop a working bullshit detector.

  7. comment
    Comment #4307144

    Thanks for your passive-aggressive reply. My comment was directed at the author, not at you. I don't know what if any connection you have to the author. However, you should note th…

  8. comment
    Comment #4306542

    You are actually hurting startup founders by farting out this HN-optimized fluff of platitudes and having your co-founder vote it up. Please stop it.

  9. comment
    Comment #4293982

    None of my software-engineer friends are doing things they don't want to do. Your friends sound young.

  10. comment
    Comment #4222531

    They are bullshitting you. Big companies can have rigid salary structures, but at a startup you have lower pay because that's what you accepted. The degree argument is a negotiatin…

  11. comment
    Comment #4137406

    terminology around this issue can be VERY confusing You are not making it any simpler by redefining "control" in this theoretical way. You are making some very naive assumptions ab…

  12. comment
    Comment #4067529

    Founder shares get diluted in a down round, but employee options go completely underwater.

  13. comment
    Comment #4031512

    Some of the advantages listed in the article are questionable. A talent pool so small that everybody knows each other, potential partners who are so out of the loop that they don't…

  14. comment
    Comment #3841598

    Google has some inner conflict here. The marketing strategy is "more private than Facebook" but the obvious way to measure the success of Google+ is by how much oversharing people …

  15. comment
    Comment #3766123

    This is human nature, not specific to geeks or men. If you call somebody on their bullshit you have to expect some blowback, even if you do it as tactfully as Jessamyn did in this …

  16. comment
    Comment #3710536

    Usually: millions to the investors and founders for their stock. Employee stock will be worth little due to investor preferences. The acquirer will pay hundreds of thousands to ret…

  17. comment
    Comment #3505573

    This looks like fake reporting, written by some SEO hack and paid for by the owner of one of the domains in question.

  18. comment
    Comment #3375491

    Totally disagree on #2. Walking into a better gig is easy, but it means you lose years of investment in the previous company (due to dilution, preferences, loss of retention bonus …

  19. comment
    Comment #3367242

    This is shockingly irresponsible advice. Standard investment advice is that you should become more risk-averse with age. Entrepreneurship is high risk and high reward. Why not "inv…

  20. comment
    Comment #3349465

    The most likely exit for today's startups is a talent acquisition. In that event, would you rather be at an "undercapitalized" startup or an "overcapitalized" startup?

  21. comment
    Comment #3349349

    Startups are risky to begin with, but raising a big round shifts the risk from founders to employees. Based on the emails I get from recruiters bragging about how much money their …

  22. comment
    Comment #3349261

    Sure, the VCs know how to take care of themselves, but what about the risk of putting your employees underwater?

  23. comment
    Comment #3339524

    Talent ... As a rule of thumb, these acquisitions are priced at approximately $1M/engineer Of which more than 90% will go to the founders and investors. The engineers being bought …

  24. comment
    Comment #3319764

    This is why Gowalla's investors are diversified across multiple startups. For them this is just one setback in a much larger game. The people getting screwed here are Gowalla's emp…

  25. comment
    Comment #3262011

    Because the common stockholders don't have a seat at the table. Instead, when the company decides to sell, the execs fully dilute the common by granting themselves the remainder of…