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The Pinboard Investment Co-Prosperity Cloud

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Re: The Pinboard Investment Co-Prosperity Cloud

#52

Earlier quoted context omitted.

It's a way to add two-factor authentication to your website or app. Instead of having people log in with just username and password, they'll also have to enter a code. They get the code from the Authy app on their phone. (PS I'm not affiliated with Authy, just trying to be helpful.)

Two-factor auth as a service for what is likely software as a service?

Basically, yeah. Goes well with platform-as-a-service for software-as-a-service, full-text-indexing-as-a-service for software-as-a-service, payment-as-a-service for software-as-a-service, etc.

Easier to snap these components together than roll your own.

Re: The Pinboard Investment Co-Prosperity Cloud

#53

This is $1 less than it takes to sponsor a child for one month through Compassion International (an organization that supports 1.2 million children in the most poverty-stricken areas of the world). Would the money be better spent sponsoring a child or sponsoring a startup?

What if this sponsorship enables an IT project that is then able to save the lives of two poverty-stricken children a month. Does that make it worthwhile?

More abstractly, what if this sponsorship enables an IT project to build a new kind of internet, that then enables Compassion International to work much more efficiently such that they are able to sponsor 200% more children on the same donations they currently receive?

Re: The Pinboard Investment Co-Prosperity Cloud

#54
post #47

Earlier quoted context omitted.

I was looking at Authy the other day. What does it do exactly? I couldn't figure it out from the website and I churn through a lot of landing pages.

"Authy is a simple API to add two-factor authentication to your website or app" Two-factor auth is a thing where when you log in to something, you also get a text message, or open an app on your smartphone, and type that into the app you're trying to log into. The purpose of this is that even if someone figures out your password, they can't get access to your account, because they don't have the 2nd form of auth (hen…

I understand two-factor auth just fine, it just wasn't clear to me if it was a demand-side or supply-side service.

Re: The Pinboard Investment Co-Prosperity Cloud

#55
post #48

It does seem like cost are negligible today, but on deeper analysis theres a lot of costs beyond simply hosting. Just from memory for my startup (Authy.com), initial costs were: Domain: $1000+ Design: $3000 Video: $3000 Hosting: $400 Depending on your skills this initial costs will vary. An although I agree you don't need external investment to cover them, you should at least plan to invest $10,000US to cover your in…

A lot of the things that you seem to think of as mandatory are not. Domain: or get something longer for $9. E.g., authyapp.com or getauthy.com Design: http://themeforest.net/ $15-$25, or DIY (depends on how much design matters for your niche--for Pinboard it clearly doesn't) Video: You don't need no stinkin' video Hosting: Maciej is recommending http://prgmr.com/xen/ for $32 (but can you actually run a modern app sta…

>(but can you actually run a modern app stack on just 128 MB of RAM?)

C/Golang/Lua/Vala/SBCL/Ada/Pascal and an embedded datastore like bdb!

Why in my day we used to write little apps with C and bdb that used less than 5mb of memory! (Sqlite didn't exist yo.)

Heck these days you get (ENTERPRISE) choices like LevelDB and BangDB.

Edit: Who wants to have a datastore-backed c10k contest on prgmr machines? :D

Re: The Pinboard Investment Co-Prosperity Cloud

#58
post #43
post #7

I would like to take this moment to announce PICPC-VC, which is an automatic follow-on investment, structured as uncapped convertible notes, of $50 available to any founder accepted into the PICPC program.

Andreessen Horowitz will match your $50 with another $50.

Excellent. Not too long ago I asked a partner at a very well known VC firm if they would consider investing a small amount ($x00) in many "startups" to see if the founders would use the money effectively and follow up with a more serious investment if so. He looked at me as though I was asking sarcastically rather than sincerely.

I'm confident that these six new Pinboard/Ptacek/A16Z companies will have excellent return on investment.

Humor aside, there are many smart founders but being brilliant and being money-minded are orthogonal.

Re: The Pinboard Investment Co-Prosperity Cloud

#59

Earlier quoted context omitted.

I like where this is going. The next step is $5,000, then we've entirely lost the plot.

We're only up to $87 so far in my book. Pinboard and tptacek are legit; toomuchtodo has yet to show us credentials.

I'm being vetted as an "investor" on the HN comment board. Forgive me for thinking this situation is hilarious.

Re: The Pinboard Investment Co-Prosperity Cloud

#60
post #48

Earlier quoted context omitted.

A lot of the things that you seem to think of as mandatory are not. Domain: or get something longer for $9. E.g., authyapp.com or getauthy.com Design: http://themeforest.net/ $15-$25, or DIY (depends on how much design matters for your niche--for Pinboard it clearly doesn't) Video: You don't need no stinkin' video Hosting: Maciej is recommending http://prgmr.com/xen/ for $32 (but can you actually run a modern app sta…

>(but can you actually run a modern app stack on just 128 MB of RAM?) C/Golang/Lua/Vala/SBCL/Ada/Pascal and an embedded datastore like bdb! Why in my day we used to write little apps with C and bdb that used less than 5mb of memory! (Sqlite didn't exist yo.) Heck these days you get (ENTERPRISE) choices like LevelDB and BangDB. Edit: Who wants to have a datastore-backed c10k contest on prgmr machines? :D

Ha, I'm aware that if you're careful, you can do it, but I was more thinking of a python or ruby stack with MySQL (or whatever) that most people would use :).
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