SF
Joined July 2006
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one of the great myths of content online is that no one will pay for it. but they will--it just took awhile to figure out crowdfunding etc
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great compliment on my bitcoin newsletter: "you are almost always right but i only want the happy news updates."
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it's remarkable how much progress founders make on their pitch in the 48 hours before demo day. very proud of this YC batch.
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i love it when a startup is doing so well they report annual run rate based on monthly, weekly, and daily revenue.
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it was honestly not a great experience, and I hate that the merchant immediately sells the btc for dollars, but still felt cool
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just made my first ever purchase with bitcoin
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of all the luxuries in life, a desk that does not wobble is surprisingly high up there
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but still, happy to use "women founders" if that's what most people prefer. or, most of the time, just "founders".
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in my recent blog post, i used "female founders" because it's grammatically correct. i'd never say "females" to refer to "women".
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new popular VC line: "unless i can get [20,25,30]% ownership, it won't be worth my time helping your company". not sure if good sales pitch
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Replying to @simon
@simon sam@ycombinator.com
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basic income (with a phaseout) seems better than welfare given welfare's incentive not to work. what are the best reasons against it?
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most of the time, arrogance and success at fundraising are inversely correlated. founders often learn this too late.
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demo day prep on a beautiful Saturday afternoon
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"abandon all hope, ye who enter here"
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great read (cc @naval)
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here is the bottle of heavy water. 18 megawatt hours of energy!
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met with a fusion startup today. they gave me a bottle of D2O. i know totally fine, but still feeling guilty walking thru airport security
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