Snap Inc. presents Yellow – An investment and mentorship program in LA
yellowla.com
yellowla.com
By applying to Yellow, you agree to irrevocably waive any legal claim you
may have against us under any theory of law in any territory, including, without
limitation, copyright infringement or breach of implied in fact contract
(idea submission), that your rights were infringed due to any similarity between
your Content and any other content that is or may be developed by SnapEdit: For the record, I'm being sarcastic here. My point is that it's hard to say that this "should be a non-starter for anyone", because almost no one can acquire a $150k investment under any condition, and it's a difficult decision one would have to make.
YC says this in regards to IP/ideas, though:
Will you sign an NDA? How do I know you won't steal my idea?
No, we won't sign an NDA. No venture firm would at this
stage. The informal commitment to secrecy on our
application form is more than any VC would make.I come up with a great idea for storytelling --> Snap says "yeah, that's our's now" --> Facebook says "yeah, we prototyped it in a weekend and folded it into Instagram."
Basically, as a potential incubatee, I need to trust Snap. For them to remove that clause, Snap needs to trust that there will be 0 adversarial applicants. Thus a one-sided trust metric makes some level of sense.
Any other suggestions of where I could get seed funding? (somewhere in EU would be even better)
Interested to know the actual % they are taking for $150k...
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> Conte detailed his idea in a video he uploaded to YouTube on April 20. “Imagine if 368 had some sort of program where you could essentially be sponsored as a creator,” he said. “Say you get three or four thousand bucks a month for some period of months to essentially quit your day job and just be a full time creator.”
> Sponsored creators would be able to take advantage of 368’s facilities, which could include podcast studios, video game streaming stations, and screening rooms, according to Neistat. Meanwhile, the funding for those sponsorships would come from Patreon, where Conte believes Neistat could raise significant resources. “I think the community would be super excited about participating in a program like that,” he said, “that helps people pursue their dreams.”
https://www.tubefilter.com/2018/04/24/patreon-jack-conte-cas...
Snap have the luxury that they don't need to worry about finding a return for their $150k because presumably the content delivered will create far more value from adverts and engagement. Other investors who don't have a $billion media platform behind them have a different story!
2015 2016 2017
Sales/Revenue 8.66M 404.48M 824.95M
Gross Income (123.68M) (47.18M) 61.42MNo excessive photos, videos, and other nonsense. I found the font chosen to be adequate and easy to be read.
About the program, it seems to me that they saw a limit point on the content that people are creating on their platform. It is clear that they want more quality productions that serve as an anchor for users.
I've never been a heavy Snap user, but I always visit to see how it works when someone reports a change. It seemed to me that the new design was meant to divide my friends from the artists or the content produced by companies.
You in the middle, being able to choose, your friends on your left and content to spend time on your right. Few people debate this, but other social networks want the exact opposite. They have always gone in the direction of merging the two.
Thus, this incubator could facilitate the creation of content to its right. But she could also demonstrate better ways to consume this content and how to interact with your friends, who would always be on your left.
> Applicants do not have to be United States citizens, but should be able to stay in California for at least three months for the program.
> It will be the responsibility of each applicant to ensure their team members have the proper paperwork in place to join.
> Do we have to be U.S. citizens?
> No, as long as you are legally permitted to operate your company and physically participate in the program (not virtual).
> Can you get us work visas?
> No, we won’t be able to handle any immigration related matters. If you need help, we can refer you to legal and immigration services teams.
Can someone decode this one for an EU citizen?
- You could enter on an ESTA, which gives you 90 days. If you leave the US (Can+Mex doesn't count) and come back, the counter re-sets. Note that you're not allowed to work on ESTA, which means that drawing a salary is a no no. But if you desperately wanted to, you could probably figure out how to get paid in your home country or whatever would work for you.
- E-2 visa. A lot of EU countries have a treaty with US which says that: if a company is A) majority (>50%) owned by people/groups from your home country and B) someone from the country (doesn't have to be you) has invested ~$50K-250K (equity, not debt) in the company, then the company can apply for an E-2 visa for their key employees. It takes 1-3 months to process from what I hear, and the investment is substantial, but it's at least one more route that is available.
If anyone has more info on the two above, please feel free to correct me - I feel like I learn new things about the E-2 every time I speak to a new lawyer.
Approach 2 doesn't make sense. It seems to be more work (time and money) than the likely benefit from joining this incubator.
Approach 2 makes sense for some. If you're just setting up a company to be in this incubator, then I 100% agree with you. But if you're working on something, and you think it'll have a better chance at succeeding if you're in the US, then it might very well make sense for you to get that kind of a visa. Many people (not involved with this incubator) do : )
When the US Fed interest rate rises above the inflation rate and fiat money has value again, Snap stock is going to be the first to snap.
Snap Design makes simple things complex.
[1] https://envato.com/blog/brutalism-ugly-web-design-trend-taki...
The design makes it look more like they are targeting a demographic nostalgic for the worst of late 1990s design atrocities.
Not sure I'd use that particular visual language in an enterprise website, but I think the reasoning is valid.
Keep it.
But it's 1998s bad amateur design, which didn't look fresh in 1998, either.
However it does look like a lot like print design from circa 1994-98. Wide font variants for all copy, strong contrast with primary colors, and so on.
Such design. Much wow.
In case it wasn't obvious they've highlighted the letters for "Yellow".
*Each year* we will choose a small group of individuals and teams from around the world to join our *inaugural* three-month programhttp://variety.com/2018/digital/news/snap-snapchat-layoffs-7...
EDIT: To clarify,
> as compared to a framework purpose-built for server-side rendering
If you use ANY framework purpose-built for server-side rendering, the second you need to do some client-side rendering you're now using two frameworks.
Don't take my word. Checkout the popularity of React, it's proliferation into the marketplace, and it's use on production environments. Also Vue is another popular alternative that UI engineers like to use, which also has SSR.
How is this a valid methodology to picking a framework for your web product for your new business / project? If the idea is to reduce training/recruiting/onboarding costs and sacrifice domain-specificity to attempt to utterly commoditize your developers, I can sort of understand that reasoning at larger scales. I just don't understand why a new business/project would choose this weird circumstantial path for new development initiatives.
I also don't understand why I can't seem to get any React enthusiasts to explain to me the business value prop of using React for a _new_ business started today. I'm only guessing that there are elements of cost reduction in training/onboarding/continuing education, but nobody will even go as far as admitting that much of it, let alone give a decent technical reason for using React.
Does all of this really just boil down to "It's javascript, and I know javascript. And not only that, but it's React, and I've used React before to work on this website that I thought was pretty cool, so I might as well just use React again because so many other people use it."?
I don't even think that is that bad of a business reason, I just don't get why people are so cagey about it and try to invent weird technical reasons for why your enterprise document store needs to have a reactive, fully-fledged javascript application running in the client browser just to show a document and expose basic CRUD actions.
However it’s still a complete waste of developer time & server resources to do this in React when a static website would be better suited for the task.
`npm install next react react-dom` takes an insignificant amount of time and gives you an extremely efficient developer experience immediately, with automatic code splitting, server side rendering and great modern CSS support. Compared to the amount of time I've spent over the years fiddling with gulp/grunt configuration files for "static websites", it's a no brainer for developers who are already productive in React.
Also child comments are talking about it being a waste of developer time and server resources. If the developer saved time doing the React version instead of using a static site builder, was it really a waste of time?
Finally, if there's ever a next step for this site having to convert from a static version to a dynamic one could suck.
I have to wonder if this is criticism just for the sake of having something negative to say. Does anybody really think the kind of micro-optimizations these comments perpetuate are really worth making it a more complex problem?
Props to the devs of this site for using what they wanted and felt was best for their use case.
How is this even possible?
On top of that, WHY would you even use React (a framework designed for dynamic web apps) for a static website? The only reason I know of is because developers want to look hip. Please tell me if I am completely missing something you know.
Maybe they have processes where it is a one-click thing to setup a new site like this. With a combination of 'set in their ways' using a static builder might include setting up a new build system or fiddling with new CSS setups and so on.
E.g. I'm an iOS developer and if I am to prototype something, I often just start from an already built app rather than doing it inside a prototyping tool. Because it saves me time for what I want out of it.
Sure, if you're really good with React and prefer that environment, you can use it to build static sites, or a framework like Gatsby to even make it efficient... but this site is 4 pages and requires no JS at all. I could make this thing in about 30 minutes using notepad.
Yes art and design needs to be evaluated in the context of the creator and the time. I don’t think that’s an unusual idea or that it shows anything up.