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I’m Joining Stripe to Work on Atlas

kalzumeus.com

231–240 of 342 posts

Re: I’m Joining Stripe to Work on Atlas

#231

Earlier quoted context omitted.

Nope, you don't need to travel to the US -- we'll handle incorporation and opening your bank account remotely. When it's time to sign papers, we'll send you an e-signature link. Silicon Valley Bank's fees after the first 24 months vary depending on which of their services you choose to use, so there's no one-size-fits-all rate card we can point you to -- if you send me an email at edwin.wee@stripe.com, I'd be happy t…

Hi, I'm not the person you replied to, but I have a question(s) I hope you can help with. Is there a list of the minimum requirements to join Atlas? I can't seem to find it in your FAQ. Is it true that entry is granted (or not) based on an evaluation of the startups business plan? Do I have to convince someone at Stripe that my idea has legs before I'll be granted access? Also, is the service exclusively for startups…

Atlas is still in beta, so there is an small form you'll need to fill out for an invite. But it's quick, so no need for a lengthy business plan -- all you'll need for this is your name, email address, country, website, and a brief description of what you're building and how Atlas can be helpful (no pitch decks!). We're still piloting Atlas with a small group of entrepreneurs, so this bit of info is helpful for us when we're getting folks started.

Once you're invited, we'll reach out to you for any additional personal or business information that's needed for incorporation and getting your bank account set up.

Atlas certainly isn't just for digital goods -- we've had quite a few businesses apply that sell physical goods.

You can request access at https://stripe.com/atlas#request-access, and please feel free drop me a line at edwin.wee@stripe.com once you fill that out, or if you have any other questions!

Re: I’m Joining Stripe to Work on Atlas

#232

Earlier quoted context omitted.

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.

Wait, does that mean that Pinboard is being run under your own name personally, as opposed to being part of an LLC or other corporate structure? If so, I have to say, that would make me a lot more concerned as a customer.....

That's silly, since the only difference his sole proprietorship makes to you as a user is that if he loses your bookmarks you can sue him personally and force him to flee judgement and live amongst the penguins.

Re: I’m Joining Stripe to Work on Atlas

#233

Earlier quoted context omitted.

Can I suggest British Columbia, Canada? It's an English-speaking country, not in the middle of an existential crisis, and BC has very flexible incorporation requirements (you must have at least one director, who can live anywhere in the world; you may appoint officers but there is no requirement to do so; shares can be with or without par value, and if with par value that value can be specified in any currency; et ce…

> who can live anywhere in the world Must the director be a Canadian citizen or permanent legal resident?

Sorry, I should have been clearer there. By "can live anywhere" I meant there's no legal residency (or citizenship) requirement.

Re: I’m Joining Stripe to Work on Atlas

#234
post #193

Earlier quoted context omitted.

The game wasn't at all about learning new skills or improving existing skills. It was a means to demonstrate existing skills, to Starfighter first and then to employers. That's a fundamental difference.

Actually: I'd like it to be more about learning new stuff, or at least learning that you're already good at new stuff. What I want to find are people who are spooky good at specialized, high-status tech skills. HFT is like that. So is reversing. So are like 10 other specialties I can think of. My thesis is that the training requirements for these things are way overblown.

> HFT is like that. So is reversing. So are like 10 other specialties I can think of.

What sort of specialties do you have in mind?

Re: I’m Joining Stripe to Work on Atlas

#235
post #41
post #34

Earlier quoted context omitted.

In Denmark you log in using your national identity card (a card with some one-off passcodes) on the following webpage; limited liability companies carries a fee of approx 100 USD, other forms of companies are free. The process takes a few minutes in the simplest case: https://indberet.virk.dk/myndigheder/stat/ERST/Start_virksom...

It's not for nothing that .dk is #3 on this list: http://www.doingbusiness.org/rankings But their reported procedures/costs differ from what you wrote: http://www.doingbusiness.org/data/exploreeconomies/denmark/#... Something that's nice in the US as compared to most continental European countries is that no 'initial capital' is required.

Golly, looking at that table I really wonder how Canada is #105 for "Getting electricity". Energy is one of our largest export sectors, how on earth are we so incapable of electricity?

Re: I’m Joining Stripe to Work on Atlas

#236
I really like Patrick's work, and I have learnt a lot from it. I wish him the best for his employment at Stripe.

But I am going to ask all of you to tread carefully when taking advice from well-intentioned experts. Over a period of 9 or so years, Patrick went from expressing opinions about a) why desktop software is still viable b) why web based is a better option than desktop because desktop causes too many pains c) why doing a SaaS model is better than the one time web based software (web version of BCC) d) why it may not be worth the stress of (some stressful event associated with clients in medical industry) for a SaaS which is generating less than $2000 MRR e) why a business like StarFighter is better because you feel like waking up and doing it for 5+ years in a row and f) eventually there will be a good reason for the decision to leave/stop Starfighter. Amongst these opinions, there would be two kinds of takeaway messages - the ones which are true independent of the specific time period (don't piss off your customer) vs the ones which are more subjective and epoch specific - e.g. Patrick's own admission of benefiting from AdSense (via the Content Network or some such thing) for BCC, which was probably not true by the time it was expressed publicly and is almost certainly not true today.

There is almost positively going to be a fair amount of time lag before these ideas germinate in the experts' head and they slowly turn into action in their lives, and by the time they are ready to write about it, sometimes they are close to the winding down phase of said idea. For the people who are keen to "follow suit", as they say, it is very hard to know if it is a good idea to invest the next 3-5 years of your lives trying to adopt the same idea.

This is all fine and obvious, you say. My concern has to do with the "other side" of the picture. When people were lavishing praise on the SaaS model about 3-4 years ago, I suppose I wasn't the only one who wondered "Wait a minute. What about the fact that a SaaS business takes up your mind space 24 x 7 x 365? Isn't that a cost most of us don't wish to pay?" And after a while, Patrick mentions in a MicroConf talk about doing an eBook or WP plugin first before embarking on a SaaS - all great advice. Just wish more people consider the balancing forces and always ask themselves whether they are getting the full picture.

Re: I’m Joining Stripe to Work on Atlas

#237
post #188

Why would someone making 30k a week as a consultant take a job[1]? [1] https://www.kalzumeus.com/2015/05/01/talking-about-money/

It's a fair question. For me (consulting for 10+ years; currently negotiating the sale of my business which will likely shift me closer to an 'employee' situation):

Ultimately, the consulting business model for individuals or small teams sucks. You're only ever as good as next month, and juggling the sales v delivery cycles is hard, especially if sales/people doesn't excite you. (When you're charging $30K for the week, you can't bugger off for an hour to have a sales meeting.)

Consulting businesses can be scaled, but the dependence on finding the right, skilled people is harder than developing scalable product or software businesses - especially if, like Patrick, you have those skills.

Re: I’m Joining Stripe to Work on Atlas

#238
post #78

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.

It turns out --- I'm speaking for at least Erin and I, but I suspect to an extent Patrick too --- we don't have the stomach for the contingency recruiting model. Referring someone for an interview and watching them get turned down was, for me at least, about 80% of the psychic cost of applying myself and getting turned down. Fuck that. It's a job that is possible to do and possible to do well and my life is too short…

tptacek, patio11 and Erin -- I'm disappointed re: Starfighter, I was rooting for you.

I ran 0x41414141.com [1] for about 4 years. It was a set of CTF-style challenges of increasing difficulty with submissions via "secret" email addresses, a sendmail autoresponder and me - operating under the pseudo cavalier@0x41414141. It's singular goal was recruiting.

At the time, I was working with a totally badass team in a firm with a decidedly not-sexy brand for us security-types. We were hiring as fast as we could and _always_ had positions open. When we got someone good into the pipeline, we generally had no problem hiring them - the team and the work made that easy - but our candidate funnel was just too damn small. We had exhausted our referral pool, we were bringing on as many fresh grads as we could train, but it wasn't enough to keep up. We needed to broaden the funnel. Enter 0x41414141.com.

It was completely and totally unsupported, unrecognized and unreported through the official corporate recruiting channels. It was me, on my own time and my own dime with the quiet support of a few other guys in the shop. It had a singular purpose: to meet like-minded hackers and see if there was any chance they'd be interested in joining our merry little band of hackers.

Within the first year, I established the equivalent of a "repeatable sales process." There's the natural stages of the challenges themselves, but then the more delicate stages of transition:

(1) from the impersonal interaction with the service to the personal email exchange with cav,

(2) ...to a serious discussion about a new job

(3) ...to an IRL phone conversation

(4) ...to an open and honest talk about who we were, what we're doing and next steps

(5) ...to getting introduced to an actual corporate recruiter

Of course, like any "repeatable sales process" each stage is not only the continued progression but also qualification. The funnel was disappointingly ruthless, and that was just to get an intro to the recruiter. In any given year, I had:

(1) thousands of folks start challenges,

(2) several hundred make notable progress,

(3) traded personal email with dozens,

(4) got serious with 10s,

(5) interviewed a few,

(6) hired a couple

In the end, the results just didn't justify the effort.

To be clear - I loved running 0x41414141.com. I met a lot of great hackers and even hired a few. Many are HN'ers. (hi guys!) Many of the "security community rockstars" stumbled across the site and ran through the challenges as a fun exercise on a Sunday afternoon. I also watched - and coached - many clear newbs through the process, and was impressed with their grit, creativity and determination. I even hired a couple complete newbs, including a female, recent PoliSci grad working as a nanny who turned out to be an OUTSTANDING reverse engineer, when given the right support and environment to grow. She single-handedly kept my enthusiasm for running 0x41414141.com up for at least two years, even when the resulting hiring numbers made it clear it wasn't worth it.

I was really, really, really hoping Starfighter could "level up" the initial volume into that funnel, maintain (or improve!) the rough filtering percentages and have the resulting "hired" volume be higher and turn CTF recruiting into a sustainable business model. I'm disappointed it didn't work.

P.S. - this is the first time I've associated my real self with 0x41414141.com and the cavalier alter-ego. Congrats HN, you just got the scoop for this tiny little corner of history. While we're here...

  Hello Internet, this is cavalier.  If we connected
  via that moniker, please reach out and connect
  with my _real_ one. deets in my profile.  
1 - https://web.archive.org/web/20090204175328/http://0x41414141...

Re: I’m Joining Stripe to Work on Atlas

#239
post #188

Why would someone making 30k a week as a consultant take a job[1]? [1] https://www.kalzumeus.com/2015/05/01/talking-about-money/

It's a fair question. For me (consulting for 10+ years; currently negotiating the sale of my business which will likely shift me closer to an 'employee' situation):

Ultimately, the consulting business model for individuals or small teams sucks. You're only ever as good as next month, and juggling the sales v delivery cycles is hard, especially if sales/people doesn't excite you. (When you're charging $30K for the week, you can't bugger off for an hour to have a sales meeting.)

Consulting businesses can be scaled, but the dependence on finding the right, skilled people is harder than developing scalable product or software businesses - especially if, like Patrick, you have those skills.

Re: I’m Joining Stripe to Work on Atlas

#240
post #238
post #78

Earlier quoted context omitted.

It turns out --- I'm speaking for at least Erin and I, but I suspect to an extent Patrick too --- we don't have the stomach for the contingency recruiting model. Referring someone for an interview and watching them get turned down was, for me at least, about 80% of the psychic cost of applying myself and getting turned down. Fuck that. It's a job that is possible to do and possible to do well and my life is too short…

tptacek, patio11 and Erin -- I'm disappointed re: Starfighter, I was rooting for you. I ran 0x41414141.com [1] for about 4 years. It was a set of CTF-style challenges of increasing difficulty with submissions via "secret" email addresses, a sendmail autoresponder and me - operating under the pseudo cavalier@0x41414141. It's singular goal was recruiting. At the time, I was working with a totally badass team in a firm…

This is so cool. I'd love to swap notes sometime; as you know, I did pretty much the same thing for Matasano, which is why we started this company.

I am still totally sold on challenges and hiring! That's still what I'm doing! We're just changing the business model.

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