Hacker News changed my life. Daniel Gackle and Scott Bell do incredible work and quietly help organize one of the most valuable places on the Internet. newyorker.com/news/letter-fr…
“There’s often a strong wish to solve these contentious problems by changing the software, and, to the extent that we’ve tried things like that, we haven’t found it to work.”—@gruseom on HN moderation
“If we’re trying to change something deep, the ingredient is time,” Scott Bell said. “Patience allows us to be ambitious—to imagine people being more kind to each other, for example. It sounds kind of crazy.”
Gackle: The sheer quantity of [people treating other people poorly] is so overwhelming that one does have a depressive reaction, a hopeless reaction to it... like the feelings of a child trying to keep the family together. When the family is 5M people, that’s a pretty tall order.
Gackle: The much larger sites, like Facebook, Twitter, and Reddit, all scaled by sharding. HN has no shards. We have no social graph either. Everybody is in it together whether they like it or not.
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Doing YC more than pays for the 7% equity you give up
When you combine that with the clear speed up and community that helps you (and that your % likelihood of success goes up a lot more too) this means YC is clearly worth it
The “avg ARR” stat is completely useless as a metric because the vast majority of YC startups start with just an idea or with no revenue. This means the vast majority of ARR at YC demo day pitches was done in 10 weeks
Your avg non-YC deal has revenue from 10 months not 10 weeks
Objects in motion stay in motion.
Objects at rest stay at rest.
Net net as an investor you want to be in the startup that grows fast (slope) instead of has a high ARR number (y intercept)
In 2019 The Richmond Democratic Club honored her with some kind of award alongside Peter Lauterborn, a manager in the SF Ethics Dept
Having friends in the Ethics dept is awfully handy if your political machine might need the dept to look the other way
This was the same event with a truly rotten cast of corrupt politicians including Allison Collins who was recalled for making instruction worse for kids, removed Algebra from middle schools and merit from Lowell (and calling Asians house n-words)
The difference between an overhyped startup failure and a valuable real business that makes it the long haul is sometimes as simple as:
Do the founders themselves believe in what they are doing to the point where they will not quit?
This is where definite optimism matters: If startup ideas were people…
an indefinite optimist looks for more optionality, searching around the room at the party for the more interesting person to talk to.
A definite optimist engages deeply and finds themselves engrossed in the person they are talking to now.
For their startup, the problem or way to solve becomes a calling. It isn’t just words to trick people into giving them capital or to come work for them.