http://www.businessinsider.com/larry-page-just-tied-employee...
695 karma · joined September 29, 2010
http://www.businessinsider.com/larry-page-just-tied-employee...
I suspect this is the start of their own implementation of "credit", and they're comfortable with losing some money at the beginning. In the long run, the traction they gain from the good customers could/should be worth more than the money they lose.
For the consumer, $3 on $500 is incredibly low interest.
Very excited to see the features they plan to build out. Specifically, giving developers direct access to handsets seems like it would open some cool possibilities.
http://www.nextenergynews.com/news1/next-energy-news4.24.08d...
"Bandwidth.com, Inc., a privately held telecommunications company in Research Triangle Park, North Carolina, announced today that it has signed a commercial deal with the Verizon wireline companies under which the parties agree to terminate each other's VoIP traffic at a rate of $0.0007 per minute."
This is for landlines, but still a much lower number than I was expecting to see.
Put it together with usage data, you quickly get over $19: http://blog.nielsen.com/nielsenwire/online_mobile/u-s-teen-m...
Edit: Just want to point out, I'm not saying this is a bad bet to make. They can attract a ton of consumers with a super low cost, and if those consumers do most of their communication in-network, eventually they'll be in the green.
I imagine we'll see an incentive program soon..."Refer 5 friends and this month's bill is free." If you refer the 5 friends you talk to most, the company will save much more than $19.
VoIP is cool, but traditional phone calls and text messages are not always ideal. I think innovation on the communication channels themselves would go a long way for this company. Think http://voxer.com
Facebook is in a particularly good position to pull this off correctly. They already have a "cool" factor, and if they could come up with a communication tool that people really like, so much that you're jealous your friend has it but you don't, the people will come. Blackberry pulled this off for years with BBM, but lost its "cool" somewhat recently.
Please note that this was determined off a very small sample size
Includes are kinda rough in javascript because they require a separate http request, and would get out of hand if they're used as frequently as they are in server side templating. I need to implement some type of front-end caching, but need a way to distinguish which templates are in memory and which require a request. Thoughts are appreciated.
Make sure you're in an area that's largely populated by families, and make sure your prices are already good.
That said, it also sounds like you're in a situation where it's incredibly difficult to negotiate. I'd say take whatever they give you and kick ass at your job. You'll build up your resume, and in a few months if you believe your underpaid, you'll have something to negotiate with. Moreover, with something substantial on your resume you won't have any trouble moving elsewhere.
If you're worried about your recruiter, I'd recommend calling TTS Staffing and asking for Morgan, he's the best that I've dealt with in New York.
There's a number of hiccups but nothing that strikes me as impossible to manage. You and your karma rich folks could "invest" in other posts as much as you'd like, but if the non-Karma rich don't offer a simple upvote, I don't see why you'd receive a return on your investment.
There'd also need to be some element of time, so the sooner you invested the more you can potentially make back. And perhaps if you invested too late, you still have potential to lose.
I guess the point is, if you've spent a lot of time figuring something out, and you've proved that a number of solutions on the internet are now wrong, you're tempted to make it easier for the next guy. I think this is true regardless of the medium, but SO seems to have done well at creating an environment where it happens.
Once I got to MIT, I learned that my grades and SAT scores were below most of my peers. I had no "hook", and those two points above are really the only unique things I could attribute my success to.
The kicker is, I did those two things without MIT, and you could do cool things without MIT too. Nothing I did was particularly hard, they just took a lot of work.
You say you "don't have the option to attend MIT", but you're wrong. You don't have the option to start MIT with kids the same age as you. I'm willing to bet that if you went out and built some cool things, MIT would be happy to offer you admission. But don't build things because you want to get into MIT, build things because you want to build them, I promise they can tell the difference.
But this brings up an even bigger question. If you're able to build things that are so cool that they could get you into MIT, would you really still want to go to MIT to get an education? Or would you rather continue building cool things?
To answer your question more directly: No, your not at a disadvantage. You're in a different place, but you can still go wherever you want.
The App Store killed the Web App by offering native device functions to developers. These functions could theoretically be built-in to Safari with some custom Javascript hooks, but I don't see much motivation for Apple to do that. I imagine it's more likely for Android to do.
While were on the subject, native hooks through Javascript would be freaking awesome, and make mobile apps much easier for existing websites to create.
The best part is the pricing, especially for startups. 20 concurrent users for free is a big number. Compare it to something like MailGun, and it seems like $20/month gets you a lot more value.
They are not able to provide long codes (10 digit phone numbers) for messaging in the States, but they can use long codes for messaging internationally.
In the states you're limited to Short Codes, but they do offer MMS support, which one-ups Twilio. I believe they also have a higher send rate, but I don't remember the specifics. Ericsson also has mobile payment support (charged to the carrier), where Twilio does not.
My research was specifically for messaging, but there is voice functionality as well.
Overall, Twilio is a lot more developer friendly. I think I waited something like two weeks for a callback from Ericsson, which would never happen with Twilio. But if you really need international phone numbers and advanced features, take a look into Ericsson.
I use Twilio now, but I don't use Ericsson yet. Chances are my product will end up using a combination of both, but the nature of every product is different so do what's best for you. Twilio can text/call internationally, but not with local numbers, which I believe makes the cost quite high on yourself and your users. Apparently there are also other solutions I haven't looked into yet (see other comments).
Would you rather have a bug that allows logouts, or a bug that prevents them?
That said, I would love for Facebook to put this snippet in their footer.
If they succeed, they get the money. If not, the money get's returned.
Other use cases could be people constantly streaming and having a "hat out" to "throw money" in, akin to street performers.
Crowdsourced, streaming entertainment.
Note: Thanks to Incubomber.com members and Aaron Burrow for coming up with these ideas.
The specific problems that were being addressed:
1. Karma is given for link aggregation instead of content creation. Consider the user that is lucky enough to be the first to realize that you have posted a new essay on PaulGraham.com. That user will instantly post the link on Hacker News, and is guaranteed to gain a ton of karma. But aren't you more deserving of that Karma?
2. Community bias crushes the little guy. It seems that a bot is constantly running on Hacker News that matches titles against the regular expression "`YC ?[WS]?\d{2}`i" and automatically adds karma until it reaches the home page. But what makes news about a Y Combinator startup any more interesting than another startup? Some power users have a similar effect on the community. This predisposition makes it excessively difficult for unknown users to establish themselves.
3. Up votes are given where up votes are not deserved. It’s hard to blame the users, though. If someone makes a hilarious submission, it certainly deserves some recognition. Similarly, if someone reiterates a widely known fact, it still feels right to express agreement. Unfortunately the only way to communicate these feelings is by placing an up vote, which is not the proper way to place votes and detracts from the quality of the community.
The solution was Anonymerit.com (Never launched, but one of us may get to it eventually.)
Anonymerit.com Eliminating Bias While Evaluating Credibility
What is Anonymerit? Anonymerit is a new type of community where submissions earn merit anonymously. At the end of each month, the top submissions will be compiled and published with their author revealed (optionally). (Kudos to Hacker Monthly, we may have swiped this from you)
How does Anonymerit work? Anonymerit is focused on content creation rather than content aggregation. All submissions and comments are the original work of their author, but Anonymerit will withhold their identity. Submissions are kept anonymous so the community can evaluate the content's credibility without introducing bias towards "noobs" or "power users," a symptom that plagues many communities as they become more established.
To evaluate a submission, users can participate in two polls with simple plus ('+') and minus ('-') options. The first poll evaluates the popularity of a submission. In general, this is used to determine if the community agrees with a post. The second poll evaluates the merit of a submission. For this poll, a '+' is used to indicate that the submission was thought provoking, informative, and insightful. A '-' is used for submissions that focus on widely known ideas, or are simply reposted content.
This separation is imperative because it allows users to quickly express their feelings at a granular level. The total scores can reveal that a submission is generally disliked but still worth reading, or that nearly everyone agrees but the content is already well-established and does not need to be reiterated.
--------
A monthly publication combined with anonymous postings is awesome. The publication is required because it motivates people to post their original content on HN rather than their own sites. Entrepreneurs, knowing that investors will inevitably be reading the publications, would kill to write quality content that makes it into the publication. This same fact also serves as motivation to properly vote and comment on submissions. YC already has a huge name, but imagine how much bigger it can be with a renowned publication.
The anonymous aspect is good because it lets people post anything without the fear of being stomped on by PG. In the end, you're only really looking for the best, and you can still find that through the publication. It's a win win.
Nothing new here. As I see it, their main advantage over GroupMe is that they don't have to pay Twilio (assuming they're hooked into the Google Voice fun). That's probably hardly an advantage though because they still have to pay the carriers.
I imagine they have something bigger things planned
But wait, now you tell me that by using these Hash URIs, I also annoy hackers who are attempting to use my application in an unintended manner... That's more winning than Charlie Sheen could shake a stick at.
No, I don't care that you cannot use wget to browse my application. I built it to work in a browser, and it works darn well in a browser. If I really want you to have easy access to the data within the application, I'll give you an API.
This reminds me of this awesome thread on Sitepoint (5 pages of different ways to output the numbers 0-9): http://www.sitepoint.com/forums/php-34/write-loop-php-prints...
Realistic, yes. But is it realistic to think you'll get paid a salary worth mentioning? Not so much.
It sounds like you want to get in on something early, and most things early just don't have much money in them. My advice: find a start up you love and go for it. If you're really gung ho about a specific startup and are willing to share the founders' vision, I have a hard time believing they would reject you're help. Expecting a decent salary though, is probably too much.
I was in the same situation as you 2 months ago. I couldn't find a startup I loved so I started my own. Now, I'm developing a product out of my old bedroom in my parents house (free housing ftw). When the product's done, I'll move out west.
The one thing I would stress is to always have a backup plan. Things will not go according to plan as much as you'd like, so be ready. I'm living with my parents now, but if they kick me out I know exactly where else I can get free/cheap housing while I develop. If I run out of money and realize my startup won't make it, I can most likely go back to school. If I can't get back in school, I know I would have an absolute blast being a bartender on a cruise ship. After I save up some money I'll start over.