Live data from Hacker News

Apple event overshadows unflattering news at Snapchat, Tinder

fortune.com

51–60 of 115 posts

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#51
post #36

Earlier quoted context omitted.

[deleted]

> I wish we could ban most of the top active commenters on hacker news. Assuming I'm on it, let's see the rest of your list of HN'ers you'd like to see banned.

HN should remove the option to delete your post once someone's replied to it. Also show all versions of your comment, like facebook does.

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#52
post #41

Earlier quoted context omitted.

From the Businessweek link, Brown seemed to contribute an idea. And that's it. Nothing unique (disappearing photo apps existed before, see the rest of the thread). No programming expertise, he didn't make anything.

read their statement carefully: “We acknowledge Reggie’s contribution to the creation of Snapchat and appreciate his work in getting the application off the ground.” I wouldn't think they'd add a sentence like this to their press release if his only contribution was only an idea.

"I wouldn't think they'd add a sentence like this to their press release if his only contribution was only an idea."

That's exactly the sort of thing that was likely specified in the settlement agreement itself, probably in exchange for a lower financial cost of settling.

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#53
post #11

I was going to link to the mandatory reading of Joel Spolsky's canonical answer on splitting shares in startups between founders and beyond. But as Stack Exchange's policy of shuttering less popular subsites that is now lost in its original form :( It was originally here http://answers.onstartups.com/questions/6949/forming-a-new-s... Is there a good reproduction elsewhere?

..they killed the site because of .1 answer per day?

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#54
post #12
post #11

I was going to link to the mandatory reading of Joel Spolsky's canonical answer on splitting shares in startups between founders and beyond. But as Stack Exchange's policy of shuttering less popular subsites that is now lost in its original form :( It was originally here http://answers.onstartups.com/questions/6949/forming-a-new-s... Is there a good reproduction elsewhere?

Found it copied here: http://www.gravitycomputing.co.nz/joels-totally-fair-method-... """ This is such a common question here and elsewhere that I will attempt to write the world’s most canonical answer to this question. Hopefully in the future when someone on answers.onstartups asks how to split up the ownership of their new company, you can simply point to this answer. The most important principle: Fairness, and th…

Good read, but the IOU plan is nonsensical... cash in one hand, or an IOU for the same amount in the other, issued by an entity with a very high likelihood of failure? What? Maybe if the IOU started accumulating 20% interest.

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#55
post #17

Honestly, I don't see either of these as nothing but positive news (for the companies, not necessarily for all the people involved).

They are probably long-term positive, but in the short-term they both could provoke negative press for the companies.

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#56
post #45

Earlier quoted context omitted.

I wonder how such things become possible. As co-founders shouldn't you have a written (and lawyer checked) agreement on how the company is shared amongst you? How can one betray the other besides of letting him/her unknowingly sign an unfortunate contract?

Projects like that are usually made between friends and aren't really expected to become THAT big. Plus, it doesn't really matter, they took the guy out of the business and took away his rightful part of it. Good thing they settled.

So you're the three of em just had a verbal arrangement and not a signed contract detailing company divisions?

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#57
post #36

Earlier quoted context omitted.

[deleted]

> I wish we could ban most of the top active commenters on hacker news. Assuming I'm on it, let's see the rest of your list of HN'ers you'd like to see banned.

tptacek

Only because I disagree with his views on everything (besides crypto).

Just kidding. If it weren't for the tptaceks of internet, I'd have no reason to ever leave a comment.

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#58
post #11

I was going to link to the mandatory reading of Joel Spolsky's canonical answer on splitting shares in startups between founders and beyond. But as Stack Exchange's policy of shuttering less popular subsites that is now lost in its original form :( It was originally here http://answers.onstartups.com/questions/6949/forming-a-new-s... Is there a good reproduction elsewhere?

..they killed the site because of .1 answer per day?

I recall seeing somewhere that a problem with the website was that it was declining. The average numbers were on the lower end of the acceptable range, but that was averaging high early activity with low late activity, which is not a good pattern. I could be totally misremembering, though.

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#59

Earlier quoted context omitted.

> I wish we could ban most of the top active commenters on hacker news. Assuming I'm on it, let's see the rest of your list of HN'ers you'd like to see banned.

tptacek Only because I disagree with his views on everything (besides crypto). Just kidding. If it weren't for the tptaceks of internet, I'd have no reason to ever leave a comment.

If he was banned because some newbie (or anybody else) demanded it I'd happily join him in exile. Though I very highly doubt that would ever happen. And I'm at odds with Thomas on plenty of subjects, that doesn't mean there should be demands to squelch those that we disagree with.

I would not even want to see people banned for asking other people to be banned. It's just totally against the grain of the community. I read back some more through 'compare's' comments and he did indeed have a run-in with Thomas so you may be on to something there.

https://news.ycombinator.com/item?id=7493419

Re: Apple event overshadows unflattering news at Snapchat, Tinder

#60
post #12
post #11

I was going to link to the mandatory reading of Joel Spolsky's canonical answer on splitting shares in startups between founders and beyond. But as Stack Exchange's policy of shuttering less popular subsites that is now lost in its original form :( It was originally here http://answers.onstartups.com/questions/6949/forming-a-new-s... Is there a good reproduction elsewhere?

Found it copied here: http://www.gravitycomputing.co.nz/joels-totally-fair-method-... """ This is such a common question here and elsewhere that I will attempt to write the world’s most canonical answer to this question. Hopefully in the future when someone on answers.onstartups asks how to split up the ownership of their new company, you can simply point to this answer. The most important principle: Fairness, and th…

I think having the founders own a total of 50% is a seemingly high risk but that is totally opinion based. If the other entire 50% rise up in agreement could they halt the company? Wouldn't 60-40 in favor of the founders give them a little more leverage because after all it is their shared idea/vision/etc and they should be shouldering a large part of the risk.

If you're ever in a situation where the entire remainder of the company, investors included, are wanting the company to go in a completely different direction then I would have to agree that something is terribly wrong. Maybe 50% is enough. Maybe I'm bringing up a hypothetical that has no basis in reality.

Post reply on HN