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Bolt founder on Stripe/YC

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Re: Bolt founder on Stripe/YC

#191
post #184

His claims about HN are false. Short version: his post was 2+ hours later than Stripe's, not an hour earlier, and fell in rank because users flagged it, not because moderators did anything (which I suppose is what his mafia/mob language was intended to imply). The longer version is going to involve a tedious barrage of links, but I want this to be something that people can check for themselves if they care to. Quotin…

Could a competitor have its employees flag a submission? Does HN have automatic vote manipulation detection? Does HN have automatic flag manipulation detection?

Re: Bolt founder on Stripe/YC

#192
post #184

His claims about HN are false. Short version: his post was 2+ hours later than Stripe's, not an hour earlier, and fell in rank because users flagged it, not because moderators did anything (which I suppose is what his mafia/mob language was intended to imply). The longer version is going to involve a tedious barrage of links, but I want this to be something that people can check for themselves if they care to. Quotin…

don't YC companies username appear in different colour to other YC alumni? That can be considered special treatment, though not Stripe specific.

https://news.ycombinator.com/item?id=10741485

Re: Bolt founder on Stripe/YC

#193

I was at Stripe a few years back and I don't remember Bolt coming up as a competitor, ever. Stripe was more worried about Paypal and Adyen. One thing to keep in mind - all companies at this size have a corp dev function. Over the past decade, they've likely spoken to several hundred companies and patrick has probably personally spoken to over 100 about an acquisition and looked at some of their data. Anyone who looks…

Not related to your actual point, but I researched corporate boards a few years back and found many instances of people on boards of two direct competitors. In fact, I found a couple of companies with CEOs who also served on the board of a competitor. This was going through maybe a few hundred large corporations, so I’d have to assume it’s incredibly common.

Can you give some examples (because that sounds interesting, not because I don't believe you)?

Re: Bolt founder on Stripe/YC

#194
784 upvotes at the time of writing this comment. I see a lot of links/threads bashing Google for their shitty AI and non-existent human support on HN all the time but ...

I think the same resentment is slowly brewing for YC too. Whether it is misinformation or weak arguments, it won't matter too much. People generally don't like monopolies at all and YC does have a monopoly on the SV startup scene at the moment (from an outsiders view, every startup with even an idea knows that YC is the springboard for unlocking more opportunity/capital/network).

I wonder if the end result is YC ending up being innovated out of the startup scene itself. I don't think so because they are in the money game, not the tech game (see JPMorgan, Goldman).

As for the content, I can't be arsed. Capitalists will be capitalists.

Re: Bolt founder on Stripe/YC

#195
post #184

His claims about HN are false. Short version: his post was 2+ hours later than Stripe's, not an hour earlier, and fell in rank because users flagged it, not because moderators did anything (which I suppose is what his mafia/mob language was intended to imply). The longer version is going to involve a tedious barrage of links, but I want this to be something that people can check for themselves if they care to. Quotin…

Another startup that managed it, around the same time, was Cloudflare (not a YC startup).

We spent a huge amount of time on the Cloudflare blog making sure that it was precisely not a marketing outlet but technical. I think that's why it took off here. And we were/are very honest about when we had/have problems* and use simple, clear language. I personally spent/spend hours per day editing/writing for the blog.

*https://news.ycombinator.com/item?id=30069658

Re: Bolt founder on Stripe/YC

#196
post #184

His claims about HN are false. Short version: his post was 2+ hours later than Stripe's, not an hour earlier, and fell in rank because users flagged it, not because moderators did anything (which I suppose is what his mafia/mob language was intended to imply). The longer version is going to involve a tedious barrage of links, but I want this to be something that people can check for themselves if they care to. Quotin…

Could a competitor have its employees flag a submission? Does HN have automatic vote manipulation detection? Does HN have automatic flag manipulation detection?

Yes, we've worked a lot on detecting such manipulation.

I looked into whether it was employees doing the flagging, but I didn't include that in the GP because I can't tell for sure who was or wasn't an employee. What I did find is that of the flaggers, most haven't ever voted for a stripe.com submission (before or since). There were two flaggers who have voted for quite a few stripe.com submissions, but not enough to trigger any manipulation detectors. They both had voted for many thousands of submissions over many years, so I didn't find any evidence of abuse. In the case of one of those two users, there is a bio in the profile which makes it seem unlikely that they worked for Stripe. In the case of the other one, I don't have any info.

FWIW, looking at the flagging data on that post pattern-matched to 'normal' in my brain, not to 'suspicious'. I realize that won't (and shouldn't) carry any weight for users who aren't already inclined to trust what I'm saying, but (a) we do have a ton of experience looking at suspicious voting and flagging patterns, and (b) it's true, so I figure I might as well say it.

Edit: I just thought of another way to investigate this, which I overlooked earlier: I looked at everything else that those users had flagged. That was easy enough, because none of them has flagged more than a few dozen submissions over the years. There were no other cases of people flagging Stripe-related submissions, except for this one, which was a pro-Stripe story:

Stripe has democratised online payments and reshaped the digital economy - https://news.ycombinator.com/item?id=18153909 - Oct 2018 (43 comments)

Re: Bolt founder on Stripe/YC

#197
post #184

His claims about HN are false. Short version: his post was 2+ hours later than Stripe's, not an hour earlier, and fell in rank because users flagged it, not because moderators did anything (which I suppose is what his mafia/mob language was intended to imply). The longer version is going to involve a tedious barrage of links, but I want this to be something that people can check for themselves if they care to. Quotin…

don't YC companies username appear in different colour to other YC alumni? That can be considered special treatment, though not Stripe specific. https://news.ycombinator.com/item?id=10741485

Yes, that's one of three things that HN gives back to YC in exchange for funding it. The other are job ads and Launch HN threads. This is in the FAQ: https://news.ycombinator.com/newsfaq.html.

Re: Bolt founder on Stripe/YC

#198
post #184

His claims about HN are false. Short version: his post was 2+ hours later than Stripe's, not an hour earlier, and fell in rank because users flagged it, not because moderators did anything (which I suppose is what his mafia/mob language was intended to imply). The longer version is going to involve a tedious barrage of links, but I want this to be something that people can check for themselves if they care to. Quotin…

Could a competitor have its employees flag a submission? Does HN have automatic vote manipulation detection? Does HN have automatic flag manipulation detection?

I have brought up the problem of flagging (or downvoting) in a HN post, but it got flagged. :)

Re: Bolt founder on Stripe/YC

#199
post #184

His claims about HN are false. Short version: his post was 2+ hours later than Stripe's, not an hour earlier, and fell in rank because users flagged it, not because moderators did anything (which I suppose is what his mafia/mob language was intended to imply). The longer version is going to involve a tedious barrage of links, but I want this to be something that people can check for themselves if they care to. Quotin…

Another startup that managed it, around the same time, was Cloudflare (not a YC startup). We spent a huge amount of time on the Cloudflare blog making sure that it was precisely not a marketing outlet but technical. I think that's why it took off here. And we were/are very honest about when we had/have problems* and use simple, clear language. I personally spent/spend hours per day editing/writing for the blog. * htt…

Reminded me of @eastdakota's tweets RE your blog: https://twitter.com/eastdakota/status/1444337534759149574

"One of the smartest decisions we made at @Cloudflare was recognizing that the primary purpose of our blog was attracting employees, not attracting customers."

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