Basically, 5x-ing revenue in 8 months off of a billion dollars starting revenue is insane. Growing this quickly at this scale breaks every traditional valuation metric.
(And no - this doesn't include margins or COGS).
721 karma · joined October 17, 2018
Basically, 5x-ing revenue in 8 months off of a billion dollars starting revenue is insane. Growing this quickly at this scale breaks every traditional valuation metric.
(And no - this doesn't include margins or COGS).
[1] https://www.berkeleyside.org/2023/05/15/uc-berkeley-la-plane...
Location: San Francisco
Remote: Not full time (at least hybrid, no full time remote)
Willing to relocate: No
Technologies: Java, Python, Bash, SQL, AWS, Postgres
Website: https://aripickar.github.io
Résumé/CV: https://aripickar.github.io/Ari_Resume_Winter_2022.pdf
Email:ari.pickar@gmail.com
Hi HN! I am a fullstack/backend engineer with 3 years of experience looking for opportunities to work in person in San Francisco (preferred) or the greater bay area. I have previously worked in both the python (django) and java (spring) ecosystem at AWS and Noom. Currently looking for full time opportunities. I'm open for anything from first engineer to larger companies. Location: San Francisco
Remote: Not full time (at least hybrid, no full time remote)
Willing to relocate: No
Technologies: Java, Python, Bash, SQL, AWS, Postgres
Website: https://aripickar.github.io
Résumé/CV: https://aripickar.github.io/Ari_Resume_Winter_2022.pdf
Email:ari.pickar@gmail.com
Hi HN! I am a fullstack/backend engineer with 3 years of experience looking for opportunities to work in person in San Francisco (preferred) or the greater bay area. I have previously worked in both the python (django) and java (spring) ecosystem at AWS and Noom. Currently looking for full time opportunities.[0]https://en.wikipedia.org/wiki/Shakespeare_Programming_Langua...
Basically, you are exchanging all the goodwill and ability to raise in the future for a small percentage of equity. Not a great trade, if you ask me.
ps: For some reason the expansions of the FAQ tabs expands really slowly, might want to fix that.
I currently work as an SDE at a FAANG company known for being pretty demanding. My boss is phenomenal, pretty much everything you could ask for. Shielding us from other teams requesting stuff in an unreasonable time frame, not putting too much pressure to get things done in an unreasonable way, setting us up with mentors in different areas, building out explicit plans to grow to the next level, helping people plan breaks in the day to mentally recoup, the whole nine yards.
Despite all that, I still am looking to leave and start my own thing. And it’s mainly because that “I want to be my own boss mentality”. I don’t think that I’m alone in that.
You are also very at the whim of the robinhood api. If that changes, which it has, you can potentially be broken until you update it.
Finally, you have to have a lot of legal protection, especially if you allow follow on trades from smart money. That can get you in some shit with FINRA real quick.
Admittedly, I like this idea more than most. I think that people would use it, but I think that getting opinions from people would be better on WSB than HN, as dumb as that sounds
Full disclosure: I work at a subsidiary of Amazon
Full Disclosure: I work at AWS building tools to help customers do cost optimization.