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AngelList acquires Product Hunt

techcrunch.com

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Re: AngelList acquires Product Hunt

#231

Post by jzl »

nostrademons wrote: post #221
birken wrote: post #214

Earlier quoted context omitted.

Where is AngelList getting this 12M? According to Crunchbase they've raised 24M total. Also why the heck would the board approve spending such a massive chunk of cash on an acquisition which seems rather speculative (IE it isn't an obvious merger like GrubHub-Seamless or DraftKings-FanDuel)? Additionally, why would the VCs prefer cash to shares in AngelList? VCs are in the business of putting money into rising compan…

Crunchbase shows AngelList's funds raised at $400M - there were 3 follow-on rounds with undisclosed amounts after their $24M Series B. (I have to revise my estimate of AngelList's valuation up and my estimate of the percent ownership of PH founders/employees down after this - with $400M raised, they're almost certainly worth at least a billion, and Hoover's equity share would be worth I certainly can't speak for a16z…

Yeah, birken is right, that $400 million is to a fund they are helping to manage. The fund money is not theirs and is not a direct factor in AL's valuation.

Re: AngelList acquires Product Hunt

#233

Post by olalonde »

sctb wrote: post #206
olalonde wrote: post #152

> He gets asked where he "summers" and then walks out confused. Anyone cares to explain that one?

We detached this subthread from https://news.ycombinator.com/item?id=13082318 and marked it off-topic.

Why is it off-topic? In my ~7 years on HN, I've only had comments detached as "off-topic" twice, both times in the past week and by you. Is HN just getting more heavy on moderation?

Re: AngelList acquires Product Hunt

#234

Post by wingerlang »

untog wrote: post #173
Jasber wrote: post #112

Don't understand the negativity. What Ryan and Product Hunt did was incredible. So many people wanted to create an alternative to Hacker News and Reddit for product people. Everyone else failed but they figured it out. That's awesome. Product Hunt personally helped me in my goal of becoming a independent app maker by showcasing my app https://www.producthunt.com/posts/focus . As of tomorrow I'm full-time indie (YES!)…

I don't mean to sound mean spirited, but I know I am about to. Your post is an example of what frustrates me about Product Hunt (and, at times, HN) - people crowbaring in a reference to their startup/project/idea and throwing in a few links in a very transparent bid to get referral traffic from a popular message board service. On Product Hunt in particular it starts to sound like an echo chamber of people shouting st…

You mention it but I just want to reinforce it. I don't go to PH at all but I see the issue on HN all the time. People writing a comment and suddenly the "at [company], we bla bla..."

Re: AngelList acquires Product Hunt

#235

Post by dang »

wingerlang wrote: post #234
untog wrote: post #173

Earlier quoted context omitted.

I don't mean to sound mean spirited, but I know I am about to. Your post is an example of what frustrates me about Product Hunt (and, at times, HN) - people crowbaring in a reference to their startup/project/idea and throwing in a few links in a very transparent bid to get referral traffic from a popular message board service. On Product Hunt in particular it starts to sound like an echo chamber of people shouting st…

You mention it but I just want to reinforce it. I don't go to PH at all but I see the issue on HN all the time. People writing a comment and suddenly the "at [company], we bla bla..."

Really? I don't see it all the time, and I think a little bit of referring to your own company/startup in relevant contexts is ok.

If people overdo it, we ask them to stop (and in extreme cases ban them), so feel free to email hn@ycombinator.com if someone is overdoing it.

Re: AngelList acquires Product Hunt

#237

Post by leafo »

minimaxir wrote: post #5

It's common knowledge that Product Hunt is rigged, and they will not heavily punish startups for soliciting upvotes (blatant example: https://twitter.com/minimaxir/status/763156319058616321 ), or even paying for promoted Tweets for their PH submission ( https://twitter.com/minimaxir/status/786286705263251456 ) Relatedly, there is no disclosure when an investor is closely affiliated with a submitted startup (and often…

Here's a similar case that I was disappointed to see: http://leafo.net/shotslp/2016-12-01_20-43-41.png

They apparently emailed all their paying customers. What a "big surprise."

Re: AngelList acquires Product Hunt

#238

Post by dang »

olalonde wrote: post #233
sctb wrote: post #206

Earlier quoted context omitted.

We detached this subthread from https://news.ycombinator.com/item?id=13082318 and marked it off-topic.

Why is it off-topic? In my ~7 years on HN, I've only had comments detached as "off-topic" twice, both times in the past week and by you. Is HN just getting more heavy on moderation?

Although your question was well-intentioned, you inadvertently triggered a subthread that had nothing to do with the topic at hand (Product Hunt). Also, the point you were asking for clarification about happened to be made-up bullshit. That term isn't in wide use in SV; rather, the commenter was fabricating things. It would have been better to mark that comment off-topic rather than yours, since the rot started there, but then people would accuse us of censoring criticism of Silicon Valley.

Pretty sure the twice in one week thing is just randomness doing its usual. The intention behind HN moderation is to keep it pretty steady.

Re: AngelList acquires Product Hunt

#239

Post by dang »

j4pe wrote: post #196
dang wrote: post #128

Earlier quoted context omitted.

"Tone" is a word people use to trivialize what they're referring to, which means you're assuming your conclusion. This is a matter not of tone but of content, and the toxic effects of such content. If only we could rely on well-reasoned user responses to neutralize those effects. But internet forums don't work that way, nor large groups of humans in general. For HN to have civil, substantive discussion, moderation is…

Tone's a perfectly valid word when talking about a fuzzy line between insightful and inflammatory. Some people on e.g. Twitter might complain that justified bans were for mere "tone", but it'd be, what, a compositional fallacy(?) to toss out every argument that uses the word. Regardless, I see what you mean with the state-changing here. It uses this topic as fodder to rekindle an ongoing internet fight. Something to…

Thanks for such a decent reply, and for making me laugh at the end.

Re: AngelList acquires Product Hunt

#240

Post by [deleted] »

olalonde wrote: post #233
sctb wrote: post #206

Earlier quoted context omitted.

We detached this subthread from https://news.ycombinator.com/item?id=13082318 and marked it off-topic.

Why is it off-topic? In my ~7 years on HN, I've only had comments detached as "off-topic" twice, both times in the past week and by you. Is HN just getting more heavy on moderation?

[deleted]
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