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gw67

185 karma · joined February 1, 2022

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gw67··on Atlassian is 20 years old and unprofitable
The author is predicting a -80% crash (37$ as fair value vs 189$ current)
gw67··on Tell HN: Coinbase now requires physical address of recipient in crypto transfers
Bitcoin was invented so that anybody could be a bank. Therefore, Coinbase will fail in the long term if Bitcoin will succeed. I think one day we'll invent biometric access to bitcoin wallet so there is no more worry to lose the private key because we'll also able to restore it.
gw67··on The Psychology of not wanting to know (2017) [pdf]
This is very relevant during this large crypto correction.

Nobody wants to know that BTC will reach $3,000 within 1-2 years.

gw67··on Federal Reserve raises rates by 0.75%
Why the market went up after the FED raised interest rate?

Shouldn’t raising rates bad for stocks?

gw67··on We need a middle class for startups
The term "small" is not so cool. A founder is an ambitious person, so it doesn't say "i want to build a small business" even if in the end, it's likely it will build a SB. Therefore media coverage tends to focus on unicorn and vc-startups. Write article on "small business" is no so cool and entertainment. That's why we need to find a new term if we want to make "small business great again". I would like to see more PR coverage for bootstrapped/small business instead of VC-startups.
gw67··on UST Stablecoin Loses Dollar Peg
Luna token is losing -50%
gw67··on Coinbase revenue drops 27% from a year ago, stock slides
The also lost 800M despite being one of most expensive trading exchange. Recently the focused a lot on gambling having listed a lot if shitcoin to earn commission from retail traders. Now retail trader have lost all their money and they have no more customers.
gw67··on We need a middle class for startups
I am ok with boring success. The problem is that the media or common public cheer to VC-startup because terms like indieHackers, bootstrapped business or lifestyle business are not cool. I can definitely bet that if we a have fancier name for this kind of business or funding strategies it will be different. It must be cooler to create a profitable privately-owned business than a VC-owner business in loss
gw67··on We need a middle class for startups
It’s a PR problem. I think it matters the name we use to call them and how they are interpreted by general public.

Currently we call them like IndieHackers, bootstrapped startup, life style business.

All not fancy as “unicorn” it is. We need a new PR that makes this kind of business cool for the general public.

In these day if you have a profitable bootstrapped business (<1M$) people say that you should raise capital to grow and become an unicorn and your are not cool or not get PR attention until you raise funds. I think is a PR problem. There is an opportunity for a new media space. Like IndieHackers but without the term “hackers” in the title which reminds something dark for the general public.

gw67··on Statistical Analysis shows Echos process voice to serve ads
I work at Amazon and this not happen. It's not true.
gw67··on Etsy Strike
Why not switching to Amazon Handmade program?
gw67··on ‘Housing in ‘07 wasn’t a bubble” is a true statement that almost no one believes
You need to factor population over the century.
gw67··on I stopped advertising and nothing happened
Why not excluding the brand name as negative phrase keyword?
gw67··on Ferrari owner Exor wants to build the Italian Y Combinator
Yeah, but isn't related to this initiative. You are referring to something happened in the past for another company. It doesn't make sense.
gw67··on Ferrari owner Exor wants to build the Italian Y Combinator
I am startup owner (SRL, limited liability company). I have incorporated the company in 1 day through a notary. Other activities related to taxes are outsourced by €2k-3k/year accountant. Yeah, it could be easier, but it's not the problem.

If you build a startup and your main concern are those tax activities, I assume you are not building a startup. That's definitely not the hardest part :)

gw67··on Ferrari owner Exor wants to build the Italian Y Combinator
It's just a stereotype, come on!
gw67··on Thank You HN
HN is one of the first websites I open every day since years.
gw67··on How I learned to stop worrying and structure all writing as a list
I recommend "The pyramid principle" book.
gw67··on Show HN: PDF API – Generate, convert, and modify PDF documents
Would be great to have a file upload button to test the OCR API from the UI, without to perform the CURL. Just to test how your API works from UI.
gw67··on How our free plan stays free
Could you share your best practices about writing documentation?
gw67··on Ask HN: Domain Name Registrars in EU?
Cloudflare, Google domains
gw67··on Static torrent website with peer-to-peer queries over BitTorrent on 2M records
For video file could you open a webtorrent video player instead of linking to magnet?
gw67··on Coinbase banned Russian wallets even if it said it was immune to sanctions
Coinbase blocks 25,000 crypto wallets tied to Russians suspected of illicit activity

https://fortune.com/2022/03/07/coinbase-blocks-25000-crypto-...

gw67··on My Stripe Tax Story
Thank you for sharing this. I have just found dozens of invoices not charged!
gw67··on Longevity FAQ: A beginner's guide to longevity research
If you have 50 stocks equally weighted: - 49 stock -90% - 1 stock 10x

Final portofolio is (0.1 * 49 + 10 * 1)/50 = 0.29 or -71%

gw67··on Longevity FAQ: A beginner's guide to longevity research
All the public companies backed are now down badly.

- METACRINE -92% (1 year)

- Unity biotechnology -86% (1 year)

- DECIBEL THERAPEUTICS -80% (1 year)

- PRECISION BIOSCIENCES -62% (1 year)

https://www.longevity.vc/

gw67··on US official: Russian invasion of Ukraine risks release of dangerous pathogens
“If you lose the electrical power, the pathogens in the freezers warm up,” he said. “If the ventilation system is damaged, or the building itself is damaged, and these now ambient-temperature pathogens are able to escape the facility, then they can be potentially infectious in the region around the facility.”
gw67··on Official Ukrainian BTC wallet has $2M and is growing thanks to global donations
Official tweet: https://twitter.com/Ukraine/status/1497594592438497282
gw67··on Ask HN: How much gas we could save in EU if we reduce our heating temp by 3°?
It arrivinh spring soon, so it's a problem until next Sept-October 2022
gw67··on Italy gets its first unicorn as Scalapay raises $497M from Tencent
It's incredible how much press coverage it gets a startup when raising VC funds compared to a startup growing in revenues/profits.
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