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daniel_levine

3,090 karma · joined December 11, 2009

Now: Growing a beard

Before: Accel. Dropbox. Accel. Founded Chartio, YC S2010. TechCrunch.

twitter.com/daniel_levine

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daniel_levine··on Launch HN: Dedalus Labs (YC S25) – Vercel for Agents
I'm biased, but like Vercel's AI Gateway https://vercel.com/docs/ai-gateway
daniel_levine··on Databricks in talks to acquire startup Neon for about $1B
https://supabase.com/blog/supabase-acquires-oriole
daniel_levine··on Show HN: We Put Chromium on a Unikernel (OSS Apache 2.0)
This is awesome stuff. I think the biggest thing holding back a bunch agentic use cases is great infra and this is a a great step in the right direction. Love how fast it boots!
daniel_levine··on Google Chrome has an API accesible only from *.google.com
this is a great comment, thank you for your service!
daniel_levine··on Static Chess
Fork it!
daniel_levine··on Static Chess
Fork it!
daniel_levine··on Sidewalk Garden
21st or 22nd and Harrison I believe
daniel_levine··on EdgeDB 2.0
And I bet the team would help with those migration scripts if you asked!
daniel_levine··on ClickHouse: An open-source column-oriented database management system
Altinity offers a managed service for ClickHouse on AWS https://altinity.com/cloud-database/
daniel_levine··on ClickHouse as an alternative to Elasticsearch for log storage and analysis
Yes to both, Altinity maintains the ClickHouse Grafana plugin https://altinity.com/blog/2019/12/28/creating-beautiful-graf...

And Superset has a recommendation of a ClickHouse connector https://superset.apache.org/docs/databases/clickhouse

daniel_levine··on I spent eleven years working on this Line Rider track
This is one of the more incredible expressions of passion I've seen in a long time. Thanks so much for doing it and sharing with all of us!
daniel_levine··on Ask HN: How to effectively get feedback from users?
I'd check out something like https://userleap.com/ so that you can integrate bite-sized surveys right into your product. Great for onboarding, trial conversion, feature feedback, etc
daniel_levine··on Raise Less Money
While I tend to agree with you in principle, I'm curious how often YC is flexible on the ownership target :P
daniel_levine··on Raise Less Money
It's a bit confusing but does make sense. Imagine wanting to buy 20% (or 100%) of Apple in the public markets. If you try in normal trading it will either take months based on trading volume or you'll bid up the price as you're buying.

People looking to own larger pieces of a business are often willing to pay a premium to folks trying to buy smaller pieces.

daniel_levine··on Ask HN: What did you make during lockdown?
You should consider bundling video yourself and charging for it. Could use something like Mux.com to power it without much trouble.
daniel_levine··on Facebook to Buy Giphy for $400M
That's not how simple preferred works. That would be participating preferred. And I'd strongly suspect this is simple preferred, as participating preferred is exceptionally rare for Silicon Valley-type companies (it does happen though).

Investors get either the 1x or convert to common. So the most recent investors will take their 1x ($72mm if public sources are correct, which might include some shares bought by previous investors), but previous investors are likely to convert to common if their price per share of purchase is below the acquisition price. But even in your simple example, the $250mm is only split between founders and team, the shareholders who take their 1x are done prior to that point.

daniel_levine··on Vercel, formerly Zeit, raises $21M Series A
Doesn’t come from us
daniel_levine··on Y Combinator cuts its pro rata stake and makes later investments case-by-case
No firm does, especially in a tricky environment. That's a wild comment to make...
daniel_levine··on Y Combinator cuts its pro rata stake and makes later investments case-by-case
Agreed that they're the worst, and agreed that they are an unfortunate reality
daniel_levine··on Y Combinator cuts its pro rata stake and makes later investments case-by-case
I believe YC is still taking an initial stake of 7%, the 4% corresponds to pro ratas and follow on deals. I think the article just messed that up
daniel_levine··on Y Combinator cuts its pro rata stake and makes later investments case-by-case
Overall, it's a solid solution. Some hiccups: - It's common for new investors to ask about pro rata ahead of writing a term sheet (can impact the investment case/deal). - Especially in difficult times, new investors might invest under the condition that existing investors do their pro rata.
daniel_levine··on Y Combinator cuts its pro rata stake and makes later investments case-by-case
I believe this is related to follow-on investments from YC after the initial investment
daniel_levine··on The Global Dollar Short Squeeze
In order to mitigate the risk of currency fluctuation, countries with dollar-denominated debt will stockpile dollar-denominated assets in advance as well. Those stockpiles are an increase in demand over what is just needed for immediate transacting.
daniel_levine··on Re-Licensing Sentry
My gut reaction was to keep things open source
daniel_levine··on Re-Licensing Sentry
I am the VC. I was not really consulted on the change, and after seeing it on HN, texted the founder saying I disagreed :) That said, I'm supportive of the team making the decisions they do! They run the company, not me!
daniel_levine··on A Gambler Who Cracked the Horse-Racing Code (2018)
The casino can track the count too and see if a good player is adjusting their play accordingly
daniel_levine··on Building Sentry, a service to process native crash reports and minidumps
It was in the original title I submitted, but the admins must have changed it
daniel_levine··on New Standard Deal
no need for a discount if there's a cap. Discount is nice if you don't want to try and set a cap/price, but if you're OK setting a cap then it effectively grants a discount
daniel_levine··on Why Prosperity Has Increased but Happiness Has Not
Real GDP per capita covers this. Inflation encompasses cost of living. https://fred.stlouisfed.org/series/A939RX0Q048SBEA Missing a breakdown by quartile, but it's the right metric
daniel_levine··on Tencent loses $143B in market value
Fortnite is... Which is made by Epic Games... Which Tencent owns nearly half of...
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