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shivaas

65 karma · joined March 26, 2010

co-founder@Remitly (NYSE: $RELY). I build products that solve real problems for people. Fintech nerd.
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shivaas··on Stripe announces new round of funding and plan to provide employee liquidity
When you do a private tender offer like this, either the company or the new investors purchase common stock from employees. It's possible Stripe is issuing some preferred shares to investors as part of the transaction, but that is being offset by it acquiring common stock from employees (eg: issue 100 preferred, buy back 100 common. Net result: 0 dilution to the cap table).
shivaas··on Column – a chartered bank for developers
https://www.fintechbookclub.com/ and https://notafintech.company/ are two other resources I'd point you at to learn more about US banking and fintech in general.
shivaas··on Column – a chartered bank for developers
this is probably closer to the truth that you might have imagined :) that at that most of the $1T+ ACH transfers that happen daily in the US banking system happen over plaintext files and SFTP (source: I've written one of these files)
shivaas··on Amazon Location Service
Do you have a source for this assertion? I assuming the privacy policy or terms of use would have this spelled out fairly clearly.
shivaas··on Nikola founder bought truck designs from third party
thank you!
shivaas··on SpaceX is manufacturing 120 Starlink internet satellites per month
Interesting. I assumed that they would develop a bigger fairing but I guess they did the match and figured out the optimal size based on demand for payload size/weight
shivaas··on SpaceX is manufacturing 120 Starlink internet satellites per month
does anyone know why they can't use the falcon heavy for these launches and launch more satellites in one go ? It says falcon 9 carries 60 satellites per launch and I'm guessing some of the limitations are due to cargo weight limits on the falcon 9 ?
shivaas··on Ask HN: What are the least competitive consumer and enterprise markets?
this is tangential to the problem https://www.ganaz.com/ is solving I believe. Labor for industries like cruise ships (~400k), cargo ships (1.1M), dairy etc is still organized and managed very manually. You could foresee an opportunity to build a Gusto or Salesforce for these industries with a decent TAM.
shivaas··on Double Entry Accounting for Developers
We're hiring at Remitly :)
shivaas··on Private Jet with US tourists rejected at Italy’s borders
For a direct flight, you're looking at about a ~10hr flight (~5620KM's). For that range, you're looking at anywhere between 10-15k/hour average price (eg: G-IV, G-650 type planes). In reality the price is higher because if you're paying for just one way, then you have to pay the same hourly rate for the plane to fly back to Colorado. If you're paying round trip, then you have to pay daily parking charges + crew fee, which adds up quickly.
shivaas··on How Netflix uses Druid for realtime insights
can confirm. opening link in incognito worked for me.
shivaas··on Rick Steves Wants to Save the World, One Vacation at a Time
English works fine. Get a roaming data plan and use google translate for situations where basic english doesn't cut it. I also print out common phrases and words and try and learn a little bit of the cultural nuances (hand signals, body language etc) which always help break the ice and make communication easier / fun.
shivaas··on How to dump 3000 pounds of confetti on Times Square
opened the article expecting to read a wide array of tech and coordinated pyrotechnic systems used to disperse the confetti, but at the end of the day, good old human power and simple coordination does the trick. always amazed at how simple systems & processes can be magical.
shivaas··on Ask HN: What do you wish you had done in 20s?
- Travel more (both in number of places, and number of weird new things you try). Once you're in the throes of starting a family and settling in with a spouse, this becomes harder. A

- Learn new languages or skills (eg: music). The older I get, the harder I find this to do. I wish I'd started earlier. While this doesn't translate directly in your career, it can open new doors (eg: that assignment in Europe that requires fluency in Spanish/German that you might miss out on). It also allows you to break down cultural barriers when meeting new folks.

- Get more mentorship - find a group or person that has walked your path in your industry and learn from them. The higher quality mentor you can get, the faster your learning. Additionally, if you are inclined to go into a management position, start investing (or get your company to pay for) in a leadership coach.

- Spend less on material things (eg: new car, fancy house) and use capital as a leverage. Learn to make money work for you and grow your investment base. Additionally, use capital leverage to cut-out mundane tasks in your daily routine (eg: house cleaning) and use the saved time to double-down on other life/professional skills. Time is money.

shivaas··on Ask HN: Seattle vs. Bay?
If you embrace it, its totally fine. Lived in Pittsburgh for 2yrs before moving to Seattle and the trading of snow storms with the rain/wet weather in the winters is a win in my opinion. You have 3 fantastic ski resorts within 2hrs of Seattle & Whistler/ Mt. Baker is 4-5hrs away so plenty of opportunities for winter activities. Wineries in WA and OR are open all year around (AFAIK) and plenty of winter brews to enjoy all around.
shivaas··on Ripple Labs Faces Third Securities Fraud Suit Over Its XRP Cryptocurrency
full article without paywall: http://marketcoinnews.com/2018/07/ripple-labs-faces-third-se...
shivaas··on Scooter startup Bird is seeking a $2B valuation
This. Was in Venice beach this past May and the Birds were everywhere, to the point where we almost felt compelled to give them a try, even though we had no need. Both wife and myself signed up and spent 30 minutes riding to Santa Monica. Great advertisement, cool factor and high word of mouth marketing.
shivaas··on Payment Request API for Apple Pay
The merchant pays anywhere from 1.6% to 3% of the transaction amount in fees to the payment processors/gateways. Part of this goes to Visa/MC and the issuing banks. Apple gets a cut from them and that's how they make money/break even. The Seller pays their card issuer directly or indirectly. You're not interacting with Apple pay support as Apple pay is not the one processing your payment - its simply storing your card securely and generating a payment token for the merchant when invoked.
shivaas··on Ask HN: Who is hiring? (December 2017)
Remitly | Senior Software Development Engineer | Seattle, WA | Full-time, ONSITE

We're looking for a Senior Software Development Engineer for our Platform team to help us build and grow the next version of the Remitly customer support and risk products. You will be researching and evaluating technical options followed by using standard methodologies and design patterns to architect, build, and maintain high quality systems.

Technologies include Java, JavaScript, Go, PHP, Python, or Ruby. Interest in Microservices Architecture will be highly appreciated.

Interview process: Phone screen followed by a day of onsite loop.

Apply here: https://www.remitly.com/us/en/careers/913530?from=engineerin...

shivaas··on IISc Bangalore scientists are doing seed bombing with drones to plant a forest
https://www.droneseed.co/ based out of Seattle is building drones and seed cartridges specifically for reforestation.
shivaas··on Ask HN: Who is hiring? (May 2017)
Remitly | Full-stack Software Engineer | Seattle, WA | Full-time, ONSITE

We're looking for a Full-Stack Engineer to help us build and grow the next version of the Remitly customer support and risk products. There is no shortage of opportunity in this domain spanning customer service automation, machine learning, service architecture design, scaling and performance and front-end development.

Technologies include Java, React, Neo4j, PHP, Redshift, Prometheus.

Interview process: Phone screen followed by your choice of a half-day onsite loop or a take-home exercise plus a short on-site loop.

Apply here: https://www.remitly.com/us/en/careers/634461

shivaas··on Ask HN: Who wants to be hired? (February 2017)
pretty ingenious I think. why not stand out if you can?
shivaas··on Ask HN: Who is hiring? (June 2016)
Remitly | Seattle, WA (downtown) | Sr. Engineer | ONSITE

About Us: Remitly is a mobile payments service that enables consumers to conveniently make person-to-person international money transfers from the United States and Canada. Our online service uses the latest technology and mobile devices to eliminate the forms, codes, agents, extra time, and fees tied to the traditional money transfer process. A Techstars company, Remitly is backed by DFJ, QED, Trilogy Partnership, DN Capital, Founders Co-Op, Bezos Expeditions, and TomorrowVentures.

Opportunity: We are looking for a senior engineer with considerable backend and web services architecture experience to join our Customer Service and Risk Product team. You will own a lot of our internal products around customer service and fraud systems. We provide some of the best customer service in the industry and a lot of it comes down to a top notch suite of support softwares (both third party services + in-house products).

Technologies we use: JAVA (dropwizard stack), PHP, Bootstrap. 100% on AWS.

shivaas··on Ask HN: Who is hiring? (April 2016)
Remitly | Seattle, WA (downtown) | Sr. Engineer | ONSITE

About Us: Remitly is a mobile payments service that enables consumers to conveniently make person-to-person international money transfers from the United States and Canada. Our online service uses the latest technology and mobile devices to eliminate the forms, codes, agents, extra time, and fees tied to the traditional money transfer process. A Techstars company, Remitly is backed by DFJ, QED, Trilogy Partnership, DN Capital, Founders Co-Op, Bezos Expeditions, and TomorrowVentures.

Opportunity: We are looking for a senior engineer with considerable backend and web services architecture experience to join our Customer Service and Risk Product team. You will own a lot of our internal products around customer service and fraud systems. We provide some of the best customer service in the industry and a lot of it comes down to a top notch suite of support softwares (both third party services + in-house products). Technologies we use: JAVA (dropwizard stack), PHP, Bootstrap. 100% on AWS.

https://www.remitly.com/us/en/home/careers?gh_jid=104696

shivaas··on Ask HN: Are there actually any exciting companies in Seattle?
Check out Remitly! I'm the Co-Founding Engineer and we are building our Engineering team! Remitly is a mobile centric start-up in Seattle, WA and we provide an easy and affordable product for immigrants to remit money home. We're located right next to Pike Place Market. Ping me if you're interested in learning more.
shivaas··on SpaceX CRS-6 Launch Webcast
No livestream of the dock ?
shivaas··on SpaceX CRS-6 Launch Webcast
No issues here. Maybe try a different browser ?
shivaas··on Ask HN: Who is hiring? (April 2015)
Seattle, WA. Full Time - Lots of opportunities on our engineering & Marketing teams.

https://www.remitly.com/home/careers

shivaas··on Magic
looks like you guys blew up and had to limit orders. bummer. would love to give this a shot as I get my invite! great idea, hopefully the execution is good.
shivaas··on Show HN: New site that predicts when an airfare will go up or down
it was not intuitive at all that the date picker supported both departure and arrival dates. might be better to have two date fields :)
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