Hacker News Reader

chanfest22on CoinTracker (YC W18) raises $100M to scale cryptocurrency tax compliance

Thanks so much Aaron! Having amazing YC partners certainly helps.

The biggest learning for me has been the power of trust. Working with amazing people, partners, investors, etc. who are deeply trusted means that the friction of every task, project, job, launch, deal is much easier. A small decrease in friction at each small step of the way compounds into a faster and faster flywheel of momentum over time.

chanfest22on CoinTracker (YC W18) raises $100M to scale cryptocurrency tax compliance

Two things:

1. We're hiring and would love to speak with you: www.cointracker.io/about

2. When crypto ends up being properly treated as a currency, it may take off in such a significant way that our portfolio tracking and other related products may drown out our tax business entirely

chanfest22on CoinTracker (YC W18) raises $100M to scale cryptocurrency tax compliance

Thanks for the feedback. We'd love your thoughts here as we think through this: https://feedback.cointracker.io/features/p/unified-pricing

chanfest22on Ask HN: Who is hiring? (September 2021)

CoinTracker (YC W18) | Remote (Global) | Full Time | https://www.cointracker.io

We founded CoinTracker because we believe that there is too much friction with the existing financial system. It's slow. It's fragmented. It's expensive. Money remains largely the same as it has for decades despite massive changes and new capabilities from the internet.

Today CoinTracker is a portfolio assistant for cryptocurrency. It is used by over 500,000 users tracking over 1% of the entire global cryptocurrency market. CoinTracker enables consumers and businesses to seamlessly track their cryptocurrency portfolio, investment performance, taxes, and more. Our vision is to re-build personal financial management, tax preparation, and accounting for every cryptocurrency user.

Some things we’re proud of:

- Traction: over $20 billion tracked on CoinTracker

- Solid Financials: profitable, growing 15X year over year

- Leading partners: Coinbase, TurboTax, Wolters Kluwer

- Top tier investors: Y Combinator, Initialized Capital, Balaji Srinivasan, Serena Williams, and more

- Founders: Previously built TextNow (200M downloads), ex-Googlers

Our mission is to increase the world's financial freedom and prosperity. If this sounds interesting to you, come chat with us! We're hiring: https://www.cointracker.io/jobs!

chanfest22on Ask HN: Who is hiring? (August 2021)

CoinTracker (YC W18) | Remote (Global) | Full Time | https://www.cointracker.io

CoinTracker is a portfolio assistant for cryptocurrency. It is used by over 450,000 users tracking over 1% of the entire global cryptocurrency market. CoinTracker enables consumers and businesses to seamlessly track their cryptocurrency portfolio, investment performance, taxes, and more. Our vision is to re-build personal financial management, tax preparation, and accounting for every cryptocurrency user.

Some things we’re proud of:

- Traction: over $20 billion tracked on CoinTracker

- Solid Financials: profitable, growing 16X year over year

- Leading partners: Coinbase, TurboTax, Wolters Kluwer

- Top tier investors: Y Combinator, Initialized Capital, Balaji Srinivasan, Serena Williams, and more

- Founders: Previously built TextNow (200M downloads), ex-Googlers

Our mission is to increase the world's financial freedom and prosperity. If this excites you, please reach out: https://www.cointracker.io/jobs!

chanfest22on Ask HN: Who is hiring? (July 2021)

CoinTracker (YC W18) | Remote | Full Time | https://www.cointracker.io

CoinTracker is a portfolio assistant for cryptocurrency. Used by over 500,000 users tracking over $20 Billion, it enables consumers and businesses to seamlessly track their cryptocurrency portfolio, investment performance, taxes, and more. Our vision is to re-build personal financial management, tax preparation, and accounting for every cryptocurrency user. Some things we’re proud of:

- Traction: over $20 billion tracked on CoinTracker

- Solid Financials: profitable, growing 19X year over year

- Leading partners: Coinbase, TurboTax, Wolters Kluwer

- Top tier investors: Y Combinator, Initialized Capital, Balaji Srinivasan, Serena Williams, and more

- Founders: Previously built TextNow (200M downloads), ex-Googlers

Our mission is to increase the world's financial freedom and prosperity. We're rapidly scaling the team from 8 to 50 this year. If this excites you, please reach out: https://www.cointracker.io/about!

chanfest22on Ask HN: Who is hiring? (June 2021)

CoinTracker (YC W18) | Remote | Full Time | https://www.cointracker.io

Hey HN! I'm Chandan, one of the co-founders of CoinTracker (YC W18). CoinTracker is a portfolio assistant for cryptocurrency. It's used by 425,000 users to seamlessly track $20 billion in cryptocurrency across hundreds of exchanges and thousands of cryptocurrencies. CoinTracker helps with portfolio management, investment performance analytics, taxes, and more. Our vision is to re-build personal financial management, tax preparation, and accounting for every cryptocurrency user.

Some things we’re proud of:

- Traction: over $20 billion tracked on CoinTracker

- Solid Financials: profitable, growing 18X year over year

- Leading partners: Coinbase, TurboTax, Wolters Kluwer

- Top tier investors: Y Combinator, Initialized Capital, Balaji Srinivasan, Serena Williams, and more

- Founders: Previously built TextNow (200M downloads), ex-Googlers

Our mission is to increase the world's financial freedom and prosperity. If this excites you, please let us know by completing an application on our careers page: https://www.cointracker.io/careers!

You can also read more about CoinTracker: https://www.notion.so/cointracker/CoinTracker-is-hiring-7308...

chanfest22on Ask HN: Who is hiring? (May 2021)

CoinTracker (YC W18) | Remote | Full Time | https://www.cointracker.io

CoinTracker is a portfolio assistant for cryptocurrency. Used by over 350,000 users tracking over $20 Billion, it enables consumers and businesses to seamlessly track their cryptocurrency portfolio, investment performance, taxes, and more. Our vision is to re-build personal financial management, tax preparation, and accounting for every cryptocurrency user. Some things we’re proud of:

- Traction: over $20 billion tracked on CoinTracker

- Solid Financials: profitable, growing 15X year over year

- Leading partners: Coinbase, TurboTax, Wolters Kluwer

- Top tier investors: Y Combinator, Initialized Capital, Balaji Srinivasan, Serena Williams, and more

- Founders: Previously built TextNow (200M downloads), ex-Googlers

Our mission is to increase the world's financial freedom and prosperity. If this excites you, please reach out: https://www.cointracker.io/jobs!

chanfest22on Ask HN: Who is hiring? (April 2021)

CoinTracker (YC W18) | Remote | Full Time | https://www.cointracker.io CoinTracker is a portfolio assistant for cryptocurrency. Used by over 250,000 users tracking over $10 Billion, it enables consumers and businesses to seamlessly track their cryptocurrency portfolio, investment performance, taxes, and more. Our vision is to re-build personal financial management, tax preparation, and accounting for every cryptocurrency user.

Some things we’re proud of:

- Traction: over $10 billion tracked on CoinTracker

- Solid Financials: profitable, growing 12X year over year

- Leading partners: Coinbase, TurboTax, Wolters Kluwer

- Top tier investors: Y Combinator, Initialized Capital, Balaji Srinivasan, Serena Williams, and more

- Founders: Previously built TextNow (200M downloads), ex-Googlers

Our mission is to increase the world's financial freedom and prosperity. If this excites you, please reach out: https://www.cointracker.io/jobs!

chanfest22on Ask HN: What happens when someone copies an NFT onto another blockhain?

What happens when someone prints a replica of a Picasso?

Nothing.

chanfest22on Ask HN: Who is hiring? (March 2021)

CoinTracker (YC W18) | Remote | Full Time | https://www.cointracker.io

CoinTracker is a portfolio assistant for cryptocurrency. Used by over 200,000 users tracking over $7 Billion, it enables consumers and businesses to seamlessly track their cryptocurrency portfolio, investment performance, taxes, and more. Our vision is to re-build personal financial management, tax preparation, and accounting for every cryptocurrency user.

Some things we’re proud of:

- Traction: over $7 billion (0.5% of the entire cryptocurrency market) tracked on CoinTracker

- Solid Financials: profitable, growing >10X year over year

- Leading partners: Coinbase, TurboTax

- Top tier investors: Y Combinator, Initialized Capital, Balaji Srinivasan, Serena Williams, and more

- Founders: Previously built TextNow (200M downloads), ex-Googlers

Our mission is to increase the world's financial freedom and prosperity. If this excites you, please reach out: https://www.cointracker.io/jobs!

chanfest22on Goodbye YC

It was a pleasure learning from Aaron during YC. Perhaps best of all was his uncanny ability to take some pieced together ideas that founders had but which didn't make any sense and re-structure them into the most compelling and eloquent pitches I've ever heard. Can't wait to see how you apply yourself next!

chanfest22on Apple Announces App Store Small Business Program

A 50% (opt-in) discount instead of a competitive payment marketplace. What a deal for Apple.

chanfest22on Ask HN: Who is hiring? (November 2020)

CoinTracker (YC W18) | Remote | Full Time | https://www.cointracker.io

CoinTracker enables seamless cryptocurrency portfolio tracking and tax compliance. Some notes about our progress to date:

- Solid Financials: profitable, $1M+ in annual revenue

- Traction: $0--> $1B in cryptoassets tracked on the platform in less than two years

- Partners: partnered with Coinbase, TurboTax

- Top tier investors: YC, Initialized Capital, Alexis Ohanian, Balaji Srinivasan, Serena Williams

- Strong founding team: Previously founded TextNow ($50M/year in revenue); Xooglers on Search/Android/Project Loon

Our mission is to help transition the world to an open financial system. If this excites you, please reach out!

- What we are hiring for: https://www.cointracker.io/jobs

chanfest22on Netflix raises monthly charges for U.S. subscribers

Seems long overdue given the value that most users are getting from Netflix plus the relative inability for most traditional Hollywood studios to produce films at previous rates for the foreseeable future.

chanfest22on Goodcover's (YC S17) Series A Funding: Accelerating Affordable Renters Insurance

I recently switched from Lemonade to Goodcover and the process couldn't have been easier (and saved money too!). Huge fan, congrats to the team.

chanfest22on Coinbase Card

Most crypto users have custodial assets (e.g. those held on an exchange) which don't have a unique address. Therefore we need some identity layer to tie together a specific users transactions for tax purposes. That can be Google sign-in, Coinbase sign-in, throwaway email + password

chanfest22on Coinbase Card

We support positions across exchanges, wallets, DeFi, and derivatives. Depending on your straddle situation, reach out and we'll find a solution for you. https://www.cointracker.io/contact-us

chanfest22on Coinbase Card

It's one of several options made available to users on how to file their taxes: https://help.cointracker.io/en/articles/1920680-after-purcha...

chanfest22on Coinbase Card

Co-Founder of CoinTracker (https://www.cointracker.io) (YC W18) here. You're exactly right. We built software to specifically automate this crypto tracking and tax compliance process. We've partnered with Coinbase and TurboTax to specifically solve this pain point.

https://help.coinbase.com/en/coinbase/taxes-reports-and-fina...

chanfest22on U.S. Accuses Google of Illegally Protecting Monopoly

Google does a bunch of things that are less than ideal. What this complaint alleges doesn't seem to be one of those things.

Here's Google's response: https://blog.google/outreach-initiatives/public-policy/respo...

chanfest22on “Fungi Can Teach Us a New Way of Looking at the World”

> "under [psychedelic mushroom's] influence I realized that most of my consciousness was unknown to me. It was as if I had spent my life in a garden until then, and now I suddenly discovered that this garden has a gate through which I can enter a strange and wonderful forest, that was largely unknown to me."

Crazy that psychedelics are illegal in so many places. There certainly are risks that need to be taken seriously, but their potential seems incredible.

chanfest22on United States Obtains Final Judgement and Permanent Injunction Against Snowden

> The United States’ lawsuit did not seek to stop or restrict the publication or distribution of Permanent Record [...] Rather [...] the government sought to recover all proceeds earned by Snowden

Gotta love America. We're not going after you for whistleblowing on systematically illegal activity by the NSA. We just want your money.

chanfest22on Ask HN: Who is hiring? (October 2020)

CoinTracker (YC W18) | Remote (Global) | Full Time | Senior Software Engineer | https://www.cointracker.io

CoinTracker is a portfolio manager for cryptocurrency. It is used by 100K users, tracking $1.5B in crypto assets, and enables consumers and businesses to seamlessly track their cryptocurrency portfolio, investment performance, and calculate taxes.

Bigger picture, we are building a financial assistant for all financial assets. Our mission is to increase the financial freedom and prosperity of individuals and companies.

We have a lot of interesting technical problems that need to be solved to make cryptocurrency easier to use for the mainstream. We are a fully distributed, tight-knit team of eight people spread across five countries. All applicants are welcome.

We are looking for senior software engineers who love building great products and engineering systems, enjoy being in early-stage startups, and are passionate about cryptocurrency or financial services.

Tech stack: Python, Postgres, Redis, GraphQL, React, React Native, Heroku, AWS

If you're interested, please tell us a bit about yourself and apply on https://jobs.lever.co/cointracker/abb7f14c-5ad4-474a-ad5a-53...

If you have any questions, feel free to email us directly: jon+hn@cointracker.io

chanfest22on The IRS Sets a Trap for Cryptocurrency Tax Cheats

Here's what you can do to respond to the letter: https://www.cointracker.io/blog/irs-crypto-tax-letter-guide/

chanfest22on The IRS Sets a Trap for Cryptocurrency Tax Cheats

This is why Coinbase has partnered with TurboTax and CoinTracker (YC W18) to complete crypto taxes: https://help.coinbase.com/en/coinbase/taxes-reports-and-fina...

chanfest22on Income and Poverty in the United States: 2019

> America is a lot more poor than these statistics let on when compared to the rest of the first world.

Source?

chanfest22on What harm do minimum wages do?

http://archive.is/zF4ei

tl;dr — when labor markets are artificially depressed by employers with monopsony power (e.g. workers only have one employer to work for), a minimum wage can improve efficiency of the marketplace.

Enjoyed the dispassionate take on the age old minimum wage question. It is difficult to figure out which people are in monopsony labor markets because it depends on so many things including geography and even within a zip code could vary based on a variety of factors such as internet access, public transportation access, etc. Makes sense that in some cases, when there is only one employer, they are artificially driving the price of labor down because people have no choice.

Have policymakers considered other solutions to this monopsony problem? For example guaranteed government jobs that pay a certain $ amount adjusted for the geography to incentivize private sector to match or beat that price?

chanfest22on Leaving fintech to tackle food sustainability: Why I joined VOW

Seemed to be on the cusp of an important change; an inflection point

Thanks for sharing your journey. Curious, what makes you think that the food system is at an inflection point?