Matches for ninjashogun, 1788 total results Sorted by newest | relevance
Mon Mar 17 23:49:08 UTC 2014 <ninjashogun> you can mostly learn to keep things confidential
Mon Mar 17 23:49:03 UTC 2014 <ninjashogun> ughlol, you can't learn much here
Mon Mar 17 23:48:50 UTC 2014 <ninjashogun> ughlol it doesn't matter what Dimsler thinks or (more likely) says
Mon Mar 17 23:48:16 UTC 2014 <ughlol> ninjashogun: I agree. I will get to that immediately. :)
Mon Mar 17 23:47:41 UTC 2014 <ninjashogun> ughlol, however notice how many of those questoins are addressed if you juts create a business (with no funding) and start getitng users? Then you are already in some sense an experienced (if first-time)founder, as well as having a real track record of shipping code (sometihng benkay was asking about.)
Mon Mar 17 23:45:56 UTC 2014 <ninjashogun> benkay - as I probably mentioned, ughlol is not "founder material", today, in several senses. He is in India, with a very poor VC network, he is currently a university student who has never run a business, and he does not have a personal network that makes him investable. I don't necessarily suggest investing in him today.
Mon Mar 17 23:45:49 UTC 2014 <benkay> if only ninjashogun were educable
Mon Mar 17 23:44:57 UTC 2014 <benkay> ninjashogun: the notion that ughlol is founder material falls on its face when he dances like a monkey in here asking "how ams i even make money guys?"
Mon Mar 17 23:44:53 UTC 2014 <ninjashogun> BingoBoingo, but they're often aspies who develop importnat proprietary technology.
Mon Mar 17 23:44:50 UTC 2014 <ninjashogun> BingoBoingo, that's an important point
Mon Mar 17 23:44:28 UTC 2014 <ninjashogun> and that's with just 43 startups per year.
Mon Mar 17 23:44:21 UTC 2014 <ninjashogun> Hell, YCombinator funds just 43 startups per year, also has seed funding of only $150K, and has already produced two billion-dollar companies (dropbox and airbnb)
Mon Mar 17 23:44:01 UTC 2014 <ninjashogun> but my point is that out of those 10,000 companies per year, most years would have SEVERAL that become billion-dollar companies.
Mon Mar 17 23:43:54 UTC 2014 <mircea_popescu> ninjashogun giving money to people for the reason that they're people never ends well.
Mon Mar 17 23:43:22 UTC 2014 <ninjashogun> mirceau_popescu- not really. VC's make VERY few seed-stage investments. mostly series A.
Mon Mar 17 23:42:55 UTC 2014 <ninjashogun> every year 10,000 founders per year seed funded with $200K... for 100 years.
Mon Mar 17 23:42:40 UTC 2014 <mircea_popescu> ninjashogun you have your answer ready : vcs do exactly that, and they lag the indexes.
Mon Mar 17 23:42:29 UTC 2014 <ninjashogun> After you do that for 100 years, do you think you produce MORE or LESS net value for the economy than IBM's current value?
Mon Mar 17 23:42:14 UTC 2014 <ninjashogun> And we did that with not just one graduate student (or pair), but we did it with 10,000 of them - all over the world. Per year. For 100 years.
Mon Mar 17 23:41:55 UTC 2014 <ninjashogun> benkay- here's a way to think about the 'lottery argument'. Do you think it would be a net gain or a net loss for the economy if we took IBM's market cap -- $192.19B -- converted it to cash, and then funded about $200k into a graduate student's new "company" (about the money Google was funded with).