Zed Shaw on SF vs NYC
11–20 of 98 posts
Re: Zed Shaw on SF vs NYC
#12Why is this on HN's front page? :(
Re: Zed Shaw on SF vs NYC
#13Re: Zed Shaw on SF vs NYC
#14An average post-series A startup has 10% chance of success and an average acquisition price is around $50M.
Now, when you're joining as an engineer how much do you get in equity? Much less than just 1%, yet you're losing a lot of potential earning power and, most importantly, you're investing 100% of your raw intellectual potential in it (good startups suck it all out of you). So... while at a startup you are: not working on your own projects, not making as much $$$ as you could have, and the payoff is what? 10% chance of making $50K in 3 years?
Re: Zed Shaw on SF vs NYC
#15Why is this on HN's front page? :(
As with the last post of Zed, it is in the front page because most people here know Zed and are probably interested in what he does. I suggest you to flag the link if you find it inappropriate, it is more effective.
Ah, I see from Wikipedia, that he wrote a web server in Ruby. Wow.
Re: Zed Shaw on SF vs NYC
#16But isn't the end result the same? Joining an existing startup as an engineer is NOT financially beneficial. Just do the math: An average post-series A startup has 10% chance of success and an average acquisition price is around $50M. Now, when you're joining as an engineer how much do you get in equity? Much less than just 1%, yet you're losing a lot of potential earning power and, most importantly, you're investing…
Re: Zed Shaw on SF vs NYC
#17Interesting to see a New Yorker's view of SF, but why do we care? Who is Zed Shaw and why is he important?
Re: Zed Shaw on SF vs NYC
#18Let's rename this site to Zed Shaw's Hacker News.
Re: Zed Shaw on SF vs NYC
#19i read zed for gems like that. hilarious. but, imho, nyc does have shortcomings when put up against sf, especially in the tech space. i live in manhattan now and although there are a handful of people/groups that do hackernews type stuff they are few and far between. mostly those that do play here are along the lines of the job zed made example of in his post.
Re: Zed Shaw on SF vs NYC
#20Why is this on HN's front page? :(
Anyway, I don't post these (or anything I write) to HN so if this is tops on the front page just chalk it up to a slow news day or a possible trend worth exploring.
Zed