341–342 of 342 posts
You either own the company or you're nothing.
Down voted for telling the truth. That's the moment when you know you called it right.
You might want to re-evaluate your understanding of how karma on HN works. It is rare for people making factually correct statements to be that heavily downvoted.
Earlier quoted context omitted.
Speaking of "real autonomy", did you put any further thought into your idea of Autonomy Funds[0]? I thought it was very intriguing, if perhaps hard to get off the ground. Definitely would be a good antidote to the kind of SV craziness you describe, but of course not really in line with the status quo. I'd like to see some more discussion on this, and maybe get involved (though my business knowledge is near nil). [0]…
I don't think it's the right structure. I like the idea of open allocation (which is more defined) in a decent company better (although that, too, is rare). Paying typical young people to "do whatever" is not going to lead to the kind of performance that would sustain the fund. Also, I love the idea, but I feel like a lot of the best people are going to still go to YC. There isn't really room for more than one YC, be…
I really like that idea - there's not currently a marketplace for this, is there?