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lindsayrgwatt

52 karma · joined March 15, 2007

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lindsayrgwatt··on Show HN: Compass CNC – Open-source handheld CNC router
Had a lot of fun building one of the demo units. Straightforward build and incredibly rewarding to build your own machine.
lindsayrgwatt··on Gamification is bullshit
I totally think you're on the right track here.

I suspect that Bogost would agree that nearly every 'great' game he's identified creates a very strong intrinsic motivation in its players - or at least a majority of them. And that the challenge of creating a great game is figuring out how to get people to be intrinsically motivated to play your game.

There's no book or program that tells you how to create an intrinsically motivated game; it's about experience, trial and error and mastery of game development.

But there is a book that tells you how to create extrinsically motivated task; that's the gamification industry. Hence he calls it 'bullshit' and hates it as the 'real' gamification of things would be redesigning processes/learning/work/etc. for intrinsic motivation rather than just giving people badges for swabbing the floor without customers complaining (and redesigning the world is much, much harder).

lindsayrgwatt··on Beijing Property Market Plunges
Will be interesting to see if this goes to other markets both within China (I can't imagine Shanghai is 'decoupled' from Beijing) and where it trickles over to (Sydney? Vancouver?).
lindsayrgwatt··on Former Google VP Kai-Fu Lee Got a Nickname, Start-Copy Lee
I've often wondered if one of the (many) reasons why there are so few successful startups coming out of Europe is due to the copying.

I visited Berlin a while back and my buddy was telling me about a bunch of guys who've built a successful business (dozens of engineers) just cloning 'hot' American products.

It's got to reduce the number of people working on brand new ideas. (I'm not suggesting that you can't build a great business by copying somebody else's work, but you won't build a world-changing, super innovative company doing so)

lindsayrgwatt··on A Physicist Solves the City
There's more Geoffrey West here: http://www.radiolab.org/2010/oct/08/
lindsayrgwatt··on Google Buying Manhattan Office Building for $1.9 Billion
I worked in the building for two and a half years and it may appear "dumpy" on the outside but it's an awesome place to work.

Walking into work via a half a block long corridor with cable strung over your head and the clack of your feet echoing along it is a great way to start the day

lindsayrgwatt··on Django 1.2 released
Great to see further integrated support for geoDjango: http://docs.djangoproject.com/en/dev/releases/1.2/#geodjango
lindsayrgwatt··on Learn Python The Hard Way: a new book by Zed Shaw
I think the point is around how coding can give you superior analytical skills that just blow people away because you can generate better insights.

Examples I've seen are people in marketing departments who can write a little python script and suddenly analyze hundreds of thousands of data points. Or someone who combines thousands of geo-targeted data points to better decide where to open chain x's new store.

Traditional companies are structured so that there's a "marketing" team and a "business intelligence" team of dba's-cum-statisticians. 90% of the time, if the marketing person doesn't ask the perfect question, they don't get a useful answer - and the BI person is on to their next task.

The coder can both ask the question, generate the data and then iterate based on the results of the output. Hugely powerful and can't be done by 90-95% of people in most companies.

lindsayrgwatt··on Paul Buchheit: Not getting health insurance is a really bad idea
If you're in NYC, check out Freelancer's Union. Like Paul, I saw a guy lying face down on the street the other day after he was run over by a truck crossing a perfectly normal street corner. Made me glad I had my coverage ($150/month)
lindsayrgwatt··on What startup/VC/tech/internet blogs do you read ?
I'd add o'reilly radar. Some interesting tech posts there every week or so.

Creating Passionate Users used to be a favourite but alas the writer has been the target of a vicious stalker and stopped writing.

lindsayrgwatt··on How necessary is it to have a lawyer incorporate you?
If all you want to do is incorporate and you are going to be the sole shareholder, you can do it via an Internet service. Lawyers are useful if you need anything more complex than this e.g., agreements for the initial shareholders, stock options agreements, etc.

If all you're doing is creating a corporation for legal protection, then do it yourself.

One word of advice though, think through how many shares you want to issue. If you're going to offer stock options, then issue a huge number - like 10 million. If you don't think you'll need options, then go for just a few.

If you pick too few now, you'll need to hire a laywer in the future to help you with a stock split or share issue to increase the number of shares.

Also, one other word: if you're just incorporating for yourself and don't plan on getting any venture funding in the foreseeable future, incorporate as an LLC so you can pass the tax losses from your company on to your personal taxes.

lindsayrgwatt··on How Guy Kawasaki Launched Truemors for $12,107.09
I totally agree that you need a business "model" - but do you really need a "plan" for a site that costs $12,000?

If he can get 260K page views, even a 0.5% clickthru @ only $0.10 an ad is $130. Not great, but if you can do it every day you've got a site that's pulling in $50K in revenue a year. Not bad, but could be something to explore.

I totally agree with you that you need to know where your business is going to go and if you want to get real funding you'd better have a business plan, but if you're running a $12K test, why not just make sure you think there's a model and then test it?

lindsayrgwatt··on How Guy Kawasaki Launched Truemors for $12,107.09
Do you think he's being insincere or just a showman? My feeling is that Guy likes to exaggerate everything to make a point: in this case, it's getting really cheap to fail, so take more risks.

Thoughts?

lindsayrgwatt··on Amazon S3: Show me the money
S3 is one of the greatest things ever: turn capex into an operating expense. My dream is a world of only variable expenses and the cost of starting a company drops to almost $0...
lindsayrgwatt··on How does a beginner start becoming a web design expert?
A couple of good books to read too: 1) Don't make me think 2) Designing interfaces (by Tidwell) 3) Defensive design for the web

Anyone have additional books that they've read?

lindsayrgwatt··on Lawyer recommendations? (with startup experience)
Dude-Entrepreneurs College is open to anyone; I'm currently attending the NYC sessions and it's pretty good. Gives you a very good sense of the legal and financial issues you're going to face - and you're getting the perspective of real practionters.

It's also not just 2nd year lawyers talking - Rosati (yes, the dude with his name above the door...) was one of the first speakers.

lindsayrgwatt··on Looking for a Woz
Hey folks, I'm putting this up as I'm looking for a co-founder for a new venture I'm launching. I've been trying to find a better way to organize and share my information for years and now I think I've got the solution.

If you can relate to this and are interested in trying to solve this problem, read the post and drop me a line.

There's real money committed to building a prototype with more available. Let me know if you're interested and we should talk.

lindsayrgwatt··on Startup Company Form: LLC or S-Corp? Which is easier and which is better?
Maybe I'm wrong, but I read the page above differently from you. The $200 fee applies to LLCs, Limited Partnerships or General Partnerships.

You're a C-Class Corp right? Therefore you pay the corporate franchise tax. If you go to the link on the page entitled "Franchise Taxes Here": http://corp.delaware.gov/frtaxcalc.shtml

it tells you what it should be. Your fee will vary depending upon how many shares you have outstanding, but I'm guessing you have less than 3,000 therefore it will be $35.

lindsayrgwatt··on Finding Great Dev Talent
I'm interested that you'd even consider a salary-only job. Why would you ever work for a startup if it was only salary? (Honestly-I'd like to hear your opinion) Wouldn't you want equity?

Also, let me ask you why I'd ever want to hire you on as salary-only; you'd have no incentive to stay (I'm a big fan of splitting the equity pie to make sure everyone shares in the upside and have incentives aligned).

Thoughts?

lindsayrgwatt··on I'm getting a bad deal at my startup - how do I renegotiate my salary and options?
Dude,

Here's another way you might be able to justify a re-negotiation.

Think of what value your company will have five years from now if it gets sold/goes public, etc. Let's say it's $100M; your options are worth $500K.

Now think of how much you'd be making if you weren't at a startup. Let's say it's $95K.

If you took your $20K and put it in the stock market and earned 7% a year on it (that's almost a sure thing as that's the historical yield on the market), you'd have $115K.

Now how likely is it that your startup is going to be worth $100M. Let's say it's 20%. Then your $500K is worth 0.2500= $100K.

From that perspective you'd be better off working somewhere else under your current employment contract.

I have no idea if these numbers are legitimate in your case, but it could be another way of you getting a better deal.

Let me know if you want any more ideas.

lindsayrgwatt··on I'm getting a bad deal at my startup - how do I renegotiate my salary and options?
Two thoughts for you: 1) What do you want - and more importantly: why do you deserve it? If you can't justify why you deserve more than a VP like that, then you can't justify it (Most powerful words in a negotiation are "where is that number coming from?")

2) What is your BATNA? That's jargon for "Best Alternative for a Negotiated Agreement": if you don't get what you want what will you do? Will you walk away? Is your company f!cked if you walk away?

Hopefully this can frame your thinking.

lindsayrgwatt··on Finding Great Dev Talent
I prefer to think of it as being in the market because you've a passion to solve a problem. There's going to be hard work involved in solving a real problem that people are facing and solving it in a way that's pleasant for the average user.
lindsayrgwatt··on Startup Company Form: LLC or S-Corp? Which is easier and which is better?
You should be able to get your annual fees down below $300 - it should only be about 1/2 that
lindsayrgwatt··on Finding Great Dev Talent
What about "Free Lunchers"? They think that it's a hot market so they can easily create a company and then flip it for some cash?
lindsayrgwatt··on Finding Great Dev Talent
As someone who's looking for talent, let me ask you what you'd be looking for. Here's what I think high quality developers are looking for; I'd love your thoughts on whether I'm out to lunch or not: 1) Chance to be part of a great engineering team 2) Chance to solve complex problems facing users 3) Opportunity to push the limits of what's possible with technology 4) Ability to influence company's strategy and design

Let me know your thoughts.

lindsayrgwatt··on One specific idea, pre-approved for Y Combinator funding
I love my Blackberry interace-and it does multi app support no problem (I frequently flip between GMail, my browser, Google Maps and my email inbox).

Anyone else here love their Blackberry interace or hate it? Anyone here have an interface they like (and why)?

lindsayrgwatt··on One specific idea, pre-approved for Y Combinator funding
It'll be interesting to see if OpenMoko can make a start of it. I used to work in the wireless business and nobody is going to put their operating systems on their phone.

What will be interesting is whether they can be the operating system that a bunch of the Taiwanese ODMs use to become serious players in branded handsets (rather than just making them for other people).

lindsayrgwatt··on It's a great time to start a business
I totally agree with this. Think about how much it cost to start a business even seven years ago: you had to buy servers and dev tools, etc.

Now you can test an idea for a few thousand dollars and a couple of weeks time by a few people; the market will tell you if it works or not and you're off.

If it doesn't work, who cares-at least you tried and didn't waste too long at it.

lindsayrgwatt··on Social Arbitrage: The New New Path to Abnormal Returns
I totally agree with you that it's idiotic to say that all the tools have been created. I think that all the obvious tools have been created and the challenge is now to find the new ones that we've always wanted but weren't previously able to build.

I-and I suspect everyone else reading YC News-can probably think of dozens of tools that I'd love to see (and if you're a reader you've probably thought about this too and are thinking of starting a company to build this tool).

lindsayrgwatt··on Applying to Y Combinator without a VISA?
Hey folks,

I've actually just gone through this process. I'm a Canadian who just finished school and here are the option my US-based immigration lawyer laid out for me:

1) E2 investment visa: not easy to do. You need to meet an undefined "minimum investment criteria" which is typically $500,000 but if you're lucky you may be able to get in with less.

2) TN-1. A legitimate option for Canadians and Mexican. You need to find an American to own your startup in the U.S. and you start a company in either Mexico or Canada. You then get hired by the owner of the U.S.-based company and get a TN-1. You can't be the owner of the U.S.-based company but you can have an option to buy the whole thing.

The nice part about this is that you then get the American-based company to issue you an H1-B visa the next year and you're well on your way to a Green Card.

3) L2. Find someone on an L1 visa and marry them. You can then work for anyone in the U.S. including your own company