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I’m Joining Stripe to Work on Atlas

kalzumeus.com

81–90 of 342 posts

Re: I’m Joining Stripe to Work on Atlas

#81
post #11

Earlier quoted context omitted.

Not wanting to do the concept for Starfighter any injustice but I get the feeling it's as simple as they spent too much time on the tech and not enough on the business. A very easy mistake when the co-founders are technically minded.

That too, but personally I think that it was targeting way to limited subset, required practically non-existant time if you already have a job, so it was mainly targeting capable people between jobs or college students. Even though I loved the subject of algotrading, there was no time for me due to work etc.

This was precisely it for me. I have been excited for this project forever, but just haven't had a chance to filter it up to the top of my priority queue. Sadly, sometimes things remove themselves from your todo list.

Re: I’m Joining Stripe to Work on Atlas

#84
post #2

Sorry to hear about starfighter, but it looks like you've more than landed on your feet. Good luck! I think with a big company at your back, you may be able to leverage that to do some great things. People in the US have no idea how easy they have it with creating a company, something I helped to fix a little tiny bit in Italy: https://blog.therealitaly.com/2015/04/16/fixing-italy-a-litt... One of the key points: > A…

One thing I like about the US is that there are so many different jurisdictions all in the business of having competitive incorporation services. So although LLC formation might cost $800 in California, it can be like $50 in a nearby state. Both a feature and a bug, is that there is no federal incorporation statute for private persons in the United States.

> although LLC formation might cost $800 in California

That sounded really high, so I looked it up here:

http://www.sos.ca.gov/business-programs/business-entities/fo...

It looks like CA is $70, unless I'm missing something. I've never started an LLC in CA though. (EDIT: keep reading down the thread for more clarification.)

(But: there's another thread here that says IL is $500, which does appear to be correct.)

Re: I’m Joining Stripe to Work on Atlas

#85

I know from personal experience the sub-title to this article is "How I'm justifying a bad decision". Entrepreneurs know when they're making a bad decision, whether consciously or not. [Edited for brevity. No disrespect, but hate to see a Developer give up on their independence]

It would be if he was joining a corporate job. This is not "just a job" at a regular company working on a regular product. People talk about making the world a better place all the time but few do. Working on Atlas at Stripe has that potential for impact and you get to work with awesome founders. Congrats both to kalzumeus and Stripe

> Working on Atlas at Stripe has that potential for impact and you get to work with awesome founders

Same with countless other jobs, such as working at Facebook, Google, Amazon, Snapchat, etc

Re: I’m Joining Stripe to Work on Atlas

#86

I applied to the Stripe Atlas beta but haven't heard any communication after doing so. Does anyone have insight as to how long the beta queue is?

I applied when it was first announced and got an invitation a few months later. I still haven't used it yet but I do intent do (hopefully they don't expire, eek).

Re: I’m Joining Stripe to Work on Atlas

#87

I know from personal experience the sub-title to this article is "How I'm justifying a bad decision". Entrepreneurs know when they're making a bad decision, whether consciously or not. [Edited for brevity. No disrespect, but hate to see a Developer give up on their independence]

I think he's been around the block enough and has sufficient resources not to make a bad decision. Either way, who is anyone to judge?

Re: I’m Joining Stripe to Work on Atlas

#88

I know from personal experience the sub-title to this article is "How I'm justifying a bad decision". Entrepreneurs know when they're making a bad decision, whether consciously or not. [Edited for brevity. No disrespect, but hate to see a Developer give up on their independence]

[deleted]

Re: I’m Joining Stripe to Work on Atlas

#89

I don't see any advantage in incorporation if you want to run your own private business, but I'm willing to accept that I'm being the weirdo here.

Oh wow, that surprises me. Does that mean pinboard isn't a Delaware C-Corp like everything seems to be? I suppose it makes sense since everything about it screams "the anti-startup", but I'd be curious to know what the real ramifications of going about it that way are.

Re: I’m Joining Stripe to Work on Atlas

#90
post #74

I don't see any advantage in incorporation if you want to run your own private business, but I'm willing to accept that I'm being the weirdo here.

Incorporated entities enjoy the benefit of "limited liability"[0], ie: if your company does something "bad" you can't be liable beyond your share capital contributions. For example, if you make a self driving car and sell it, and it results in harm, and someone sues the company, you can't lose any of your personal assets; rather your only loss can be the capital which you put into the company. tl;dr: if you do someth…

I think for businesses like "running a website" this threat is overrated, to the point of absurdity, but again: willing to accept that I'm the weirdo.
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