Earlier quoted context omitted.
Says who? Even the aspiring indie filmmaker wants limited liability not unlimited liability.
That's backwards reasoning though. If limited liability is a concern... we can just create that for individuals . I'm not convinced that Meta also needs the right to do whatever it wants, for the sake of aspiring indie filmmakers.
Why YC went to DC
201–210 of 407 posts
Re: Why YC went to DC
#202Earlier quoted context omitted.
> It means that google doesn't have to aquire-hire your team, they can just poach all of them wholesale. Imagine a skilled worker taking a new job that pays better. What a nightmare scenario.
An individual's immediate remuneration is not the only variable in the discussion. There's a balance of power in play, in which smaller companies are on the weaker side when large corporations are left unchecked. Sure, in the short term, it's always better to get a higher paycheck. But we also need to see if this is sustainable in the long run. If Big Corps can easily undermine competition progress will be impaired,…
Re: Why YC went to DC
#203Earlier quoted context omitted.
IME, COBRA is almost always a better deal than the marketplace offerings typically, unless you qualify for marketplace-only subsidies. COBRA premiums for whatever reason are hundreds of dollars (or more) cheaper than marketplace plans.
I’ve consistently had the exact opposite experience.
Re: Why YC went to DC
#204Re: Why YC went to DC
#205Earlier quoted context omitted.
Having lived in the DC area for almost two decades, I don't agree. There are absolutely pockets that match your description but, if that's all you see I think you might be stuck in a bubble. I see so much more. There are cool companies that have been and are being built here (I was going to list them, but the Washingtonian "DC Tech Titans" list has lots of good examples), many not B2G... and people who still have 'th…
everyone is moving away from us-east, the talent is mostly in northern virginia and focused on defense not actual tech talent, i took a brief look at that "Tech Titans" list and frankly it is not that impressive, compared to an actual hub like SF, NYC, Seattle or even compared to tier 2 hubs like Boston or LA. i mean they're counting "Vox Media" as a tech startup... which is very DC, I guess. many of the others also…
As for "not actual tech talent," I don't agree. There's talent from Richmond to Baltimore. But something is missing, which was the point of my original post in this thread... a mindset shift could be impactful.
For the tech titans, it's not a complete list, but I used it as a shortcut. There are companies on there you may have overlooked (Rocket Money, Optoro, Alarm.com)
Maryland has companies across edtech, health tech, bio/pharma, hospitality, and cyber (not enumerating since many aren't household names, though Marriott is).
NoVa has regional/global HQs for Amazon, Capital One, CustomInk, E-Trade, Google, Iridium (and several other satellite companies), Mars (the candy people), Microsoft, Nestle, Rolls-Royce, USA Today (and Gannett), and Volkswagen.
DC itself is largely focused on gov and gov-adjacent companies, but the community is rebuilding. There are still people pushing tech forward here.
I'm not affiliated with either but DC Tech has a meetup Wednesday, and TEDXMidAtlantic happens Saturday. Sounds like you might not live here anymore but, if you're at either, I'd love to say hi and continue the conversation.
Re: Why YC went to DC
#206Earlier quoted context omitted.
> "Quit fucking around" and institute a national, single-payer plan that covers everyone, like every other modern industrialized country. Except we're not starting from a blank slate. So short of heavy-handed, dictatorial decisions how would you propose to get to a single-payer plan that covers everyone? You'll have to work with the existing hospital infrastructure, insurance companies, and citizens who don't want a…
3) Medicare for all, starting today. Stroke of a pen I just fixed everything. > existing hospital infrastructure Hospitals already deal with medicare. > insurance companies Oh no the vultures in the system will go hungry whatever shall we do > citizens who don't want a single-payer system Buy premium insurance above and beyond the public option, same as every other modern industrialized country. If you don't like the…
Considering Medicare/Medicaid are currently approaching $1T annually to serve less than 20% of the population how dues your stroke of the pen plan pay for the increase when everyone is enrolled?
Hospitals are forced to accept Medicare, but in many cases this is at a loss, subsidized by private charges elsewhere. So you’ll need to find out how to shore up that cost, too.
These types of naive solutions assume everyone else is very very stupid or very very corrupt (or else why didn’t such a simple solution get implemented already?)
Re: Why YC went to DC
#207Earlier quoted context omitted.
> "Quit fucking around" and institute a national, single-payer plan that covers everyone, like every other modern industrialized country. Except we're not starting from a blank slate. So short of heavy-handed, dictatorial decisions how would you propose to get to a single-payer plan that covers everyone? You'll have to work with the existing hospital infrastructure, insurance companies, and citizens who don't want a…
Remove employer healthcare plans and allow everyone to enroll in Medicare or private insurance directly.
Re: Why YC went to DC
#208It is absurd to pretend that YC is on the side of "little tech". YC is only interested in companies that will grow large and deliver an enormous return. PG loves people like Zuckerberg and basically stated he wished all founders were similarly sociopathic^Wambitious.
"Lifestyle" software/web companies that stay small can be a good thing. Perhaps they could deliver much better than "Big Tech" if they had the chance; thanks to Silicon Valley VC greed and "Big Tech" anti-competitive practices we are prevented from knowing. YC is after "unicorns" not lifestyle or other small companies. The "success stories" YC pitches are companies like Dropbox and AirBnB. This is the furthest thing from "little tech".
Re: Why YC went to DC
#209Earlier quoted context omitted.
Can you remind me what the issue with software R&D amortization (or point me to something that explains it)? I remember reading about the issue in the past and thinking it was a problem, but I've forgotten all the details.
I assume they're referring to Section 174 changes. Here's a primer: https://blog.pragmaticengineer.com/section-174
Notice the analysis of big companies and their tax bills. Author notes that Google only expensed software development expenses until the software met some qualification threshold. After that, it’s not research anymore.
What am I missing?
Re: Why YC went to DC
#210Earlier quoted context omitted.
If you are truly netflix-to-be, you should be able to affordably incentivize your 12 key employees with equity. An exit for Employee < 50 at a netflix-to be will be in the hundreds of millions.
Sure, if you knew you were getting a $100M exit in 5 years a rational agent would even agree to a $0 salary. A bank would gladly give them a $1 million loan for all of their life expenses until then, given the certainty of being repaid. Unfortunately, these things aren’t certain and are contingent on many things including those that have nothing to do with technology. It’s unfortunate because people have a bias towar…