skysight-inc/HackerNews huggingface dataset:
There's more to it because "valuation" does not mean that the investors actually thought the company was worth that much post-investment. They almost certainly got other terms as well and those clauses probably constituted the bulk of the value they received, not the equity itself. Without understanding exactly how the deal was structured and what the terms were, you have no way of even guessing what the investors thought the equity was worth.

There's also the fact that the round didn't close 10 seconds ago; things have undoubtedly changed since it did. Those changes could positively and/or negatively affect the value of the equity.

Once you're past that, your approach is basically ok. It's a bit like the Drake Equation, though, in that it's several unknowns multiplied together to achieve a very precise result that has such large accumulated error bars as to be meaningless. The best you can do with this approach is try to avoid taking a worse deal than the last investors, which doesn't mean much.

Also, no one has a 25% chance of success unless they've filed an S-1. But that's just a detail.
As a Slackware user, I'd hardly attribute the compatibility of "supported for Ubuntu, other distros be damned" software on non-Ubuntu distros on systemd :)

Linux software is compatible with any GNU/Linux distribution (and even some non-GNU Linux distributions). It's only a matter of having the right libraries and environment installed. That might be easier when things standardize on things like systemd, but for most software, such implementation details rarely matter.
Number of hardware + biotech + healthcare companies in the last batch: 32

Coolios.

I take it YC has some initiative wrt biotech and healthcare and I missed it (cuz I am busy)?
My guess is that since people don't pay for subscriptions and rarely click on ads, Wired and some other publications make most of their money now from paid promotional 'journalism'. I would rather have that than nothing. Everything costs money.
Yeah but he created tens of thousands of jobs and built some big buildings which I guess was the primary reason he was doing it not the money. As it is with many entrepreneurs, if not the vast majority of them.

Besides at the time his father died in 1999 he was already a billionaire. And Fred Trump left about 200 mil to 4 kids and wife... as far as I know Donald got about $20 - $40 mil. Put that in the stock market at the peak of the tech bubble - not a great idea.
I believe there are two things:

1. Ions in the plasma need to interact with each other for enough fusion reactions to occur. For this to happen, the plasma needs to be somewhat dense and the temperature needs to be very high. If the plasma escapes, the temperature and densities fall off rapidly, and the nuclear fusion rate drops quickly. (Nuclear fusion has an incredibly steep temperature dependence --- the triple alpha process, for instance, goes as T^28 or something like that).

2. When the plasma escapes, it interacts with whatever is containing it and can destroy it very quickly.

But I'm an astrophysicist, not a nuclear physicist, so I could very well be wrong. Plasma confinement is much easier in stars. Just let the gravity do the work for you. :)
VAT is largely harmonized across the EU - which brings it's own issues for specific local situations - I'm sure his accountant is up to speed on it.
What is your bar for discrimination then? Person takes a leave that is only available to their gender. Is screwed over as a result. It's not a complicated case, and that's even before you add in the cancer.
The privacy implications would keep me from recommending this to others or even trying it out myself.
Judging by the article and the other comments, I don't think this case was about the traffic violation itself.
"We might all agree that these traffic stops go way to far, but they often do start with legitimate infractions (no insurance etc)."

Umm... Did you read the story? The original stop was illegal to begin with (that is, the cop was doing an illegal activity). Then the driver in question had all her papers in order (which she proved to the Mayor/Judge with documentation). But the fine was not just not dropped... they arrested her for not paying that unjust fine and threw her in prison for 25 days.
Grocery stores have been tracking your food purchases since the 1990s at least. That's why they have those shopping cards.
Everyone who is following a bit of technology and/or searching for extra developers ( Brussels/Belgium) are all using AngularJS. Haven't found any mention of EmberJS or React or anything ( doesn't mean they don't know it)

There was only one difference, someone used AngularJS with Typescript :) ==> c#
I think this would be illegal. Could this be considered a raffle?
A Russian Family Was Isolated for 40 Years, Unaware of WWII (2013)
The counterargument to an all-software solution is that if you switch the profile on the Fi phone, it also remains switched if you move the SIM to another device. So however selection was made, it is 'sticky' across devices.

That's why I guessed it was a paired SIM app + intelligent Android app - but I couldn't verify that, so you could be correct.
“The AI tries to do everything,” says Alex Lebrun, the founder of Wit.ai, a startup Facebook acquired to help build this smartphone tool. “But the AI is supervised by the people.”

Congrats to ar7hur! Here's the original Show HN introducing Wit.ai: https://news.ycombinator.com/item?id=6373645
This post is too pessimistic. If this startup gets to a $1b valuation, you will likely have some avenues towards liquidity. 10x dilution would be extreme.
Programming language personality theory
The story in the OP did start with a legitimate infraction, but on the part of the police officer, not the driver. The law is pretty clear that you can't just pull someone over for no reason and require them to produce documents. Right and wrong is pretty clear in this particular case, and it's insane that it took so long to get justice.

There's a useful debate to be had over the usefulness of the many traffic regulations we're required to follow, but it's hard to have that debate here, when the entire event started with an illegal stop by an officer, and none of the rest would have happened without that.
That post itself is shown in Lucida and, my, that's a very readable typeface. Shows the decisions they made were the right ones.
TPM Fundamentals: most laptops feature TPM, most OSes don't use it by default [pdf]
Impossible to see something like this and not recommend this guy's work: https://soundcloud.com/thesignatureseries SIMPLY AMAZING!
Lower calories: sugar coated nanoparticles of sand
P.S. Numbers I provided before are missing a few zeros, as you might've guessed. ;-)

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...
This is an issue that people are only recently getting a grip on. In isolation all these cases seem arbitrary and not targeted. And, absent any overt action, it can seem difficult to ascribe racism. Additionally the court system has made it very difficult to use "statistical" evidence in individual cases.

But, when one steps back and look at the statistics, an overwhelming number of practices by law enforcement are disproportionately applied to people of color. This includes "fishing trip" stops, "consent" pretext searches, as well as unequal application in the court system (bail practices, pressuring to plead guilty by "overcharging", and more).
Is there some way to seek damages for the violation of your constitutional rights?

Sure "just" sue them.
Remember: until there's an "event", there are no "returns". Until a buyout or an acquisition happens, there's no money made except on paper.
What exactly is different between the ideology underpinning Democrats, and socialism? I'm genuinely asking what you think the difference is.

The Democrats obviously support socialized medicine, socialized education, wealth redistribution via high taxes, and significant regulation of private enterprise.

To me, that is the same as socialism, except perhaps in minor technicalities of implementation, which are relatively unimportant.

For instance, maybe a "true socialist" would favor the state owning enterprises, rather than massive tax-and-regulate, but to me, that is not an important difference.

Hence, as a rule of thumb, I consider all Democrats to be socialists.

So, I don't think Hillary or Obama is much different from Sanders, except that he is more bold and open and labels himself differently.

I am genuinely interested in your views on this. I'm not going to change your mind on politics, you're not going to change mine, that is not my goal here.
And, the laws that we really need, namely harsh criminal penalties for companies negligently handling people's private data, will be absent.
Even just the tarball is sufficient. Especially if it's structured so that it can be extracted directly on one's root filesystem (i.e. the Slackware style of package management), it's comparatively trivial for downstream distro maintainers to repackage accordingly using their preferred format.
I didn't (and wouldn't) do anything. I can very well say you deserve to fall without believing that I deserve to push you.
Pretty sure in that situation I would just not pull over, and continue to the hospital. I'm sure there would be consequences to that (for me), but a bunch of emergency room personnel ushering a woman in labor into the hospital would hopefully override anything a cop was trying to do to keep her out.
Switching jobs has gotten me 30% pay increases twice in my life. I've never seen a yearly raise from a current employer for more than 4% though and significant promotions with pay increases from within are a rare event without moving into management roles. If you're young and your experience and capabilities multiply quickly, job hopping is the single most effective way to better your income.

Lots of employers seem to be OK with the churn of young developers. Pay the below market rates until they develop enough skills and confidence to demand something better, replace those people with new grads and retain the people willing to work for below average salary.
Driving between dead zones of opposite carriers is surprisingly difficult to do - would have been a great test, though!

I did test walking down the street away from Wi-Fi - the transition is much smoother, but I was only able to get it down to about 2 seconds or so. And that was when I turned around and ran back toward Wi-Fi when it started to switch, so that the call remained good on Wi-Fi until it actually cut over.
Thank you both for your replies. I admit I was thinking in terms of just general streaming, again sorry for my stumbling ignorance in the matter.
I'm pretty sure 800MB of actual shell script would be capable of sentience and self-awareness :)
Zenefits and Instacart for sure. Machine Zone is likely as well.
Of course you wouldn't. Why bluster?
Google Has a Secret Interview Process
You wouldn't say that if it was your dog being put on probation!
One day Tinder will be hacked like this as well, imagine the fallout.
"The users probably agree to it in a terms of service"

No, they didn't. See the link above to the terms of service.
This sounds more like 2020. By the year 3000 there is a great chance we'll all have gotten over our fear, our conflict with government, and ourselves.

Who wants to know? This is a question easily overlooked, but is crucial to observation (aka surveillance). Observation is done by an observer and done with intent. Without intent, we stop looking.

I for one don't want to know or care for petty details about my neighbors. I want safety without the chore of maintaining knowledge. This might be too much to ask by 2020, but by 3000 we should have it figured out (granted we'll still here).
Lisp Mostly calm with sudden outbursts of zen.

Scheme Pretentious. Probably has a blog named for a pun on a classic computing textbook.

------

We can certainly infer plenty about the author's personality, I suppose.
Which companies are the 8 that are worth >= $1 billion?
Poor Love
Clojure's standard library already has a threaded placeholder:

(as-> (range 10) _
(map #(+ % 2) _)
(reduce + _))
A thousand-dimensional vector, no?
BDSM is legal under Lawrence v. Texas in the United States, as I recall. The police are generally aware of this. Though, in this situation, a reasonable person would ask first.
If the products match what you need or want, why would you refuse that?
The breakout-success rate thus far is also skewed low by YC's growth curve. Things have still just begun.
The naming and shaming is disgusting. There are people who are cheering on the hackers. They completely disregard the ramifications of this for the innocents involved (the family members and loved ones of the person who signed up) who now have to deal with all this publicly.

Imagine any couple that went through a rough patch and reconciled. They've already moved past this, and now they have to live with the knowledge that this information is out there to bring it public.

Children being mocked at school because their mother or father was on the site.

Imagine anything you dealt with in private that you didn't want to share with others, and not imagine having the choice of dealing with that in private removed from you.

It's horrible.
Depending how much they bought in when they started, they could have a huge gain just from the increase in BTC.
I'm pretty sure the testing methodology in this article is flawed. Using the manual switching codes (which are NOT recommended by Google) shouldn't be used to evaluate the vast majority of situations. For instance, doing timing on a manual network switch isn't necessarily equivalent to the phone automatically switching. Also, doing a manual switch and then extrapolating that the phone doesn't automatically switch back is not valid.

Basically, you can't test any of the automated functionality using manual codes!
Can you sue someone simply for the violation of your constitutional rights? In this case, the defendant had to pay fines, was a victim of false arrest, spent 25 days in jail and changed jobs to avoid driving through the town.

What I'm asking is, if you hadn't suffered such injustices, and had just been pulled over and let go without a fine or charges, would you still have grounds to sue the city simply over the violation of your constitutional rights? (that is, just for the unlawful seizure under the 4th amendment) How much damages would be appropriate in such a situation?
Wow, 300 shutdowns. Does that include "acqui-hires"?

Also pretty incredible that they're over 100 in this last batch.
Is anyone surprised by this hack?
"If recent events in the UK are any guide, they get really unhappy over low prices."

Dairy farmers in the UK were complaining that some supermarkets were paying them less for a litre of milk than what it cost them to produce the milk. After protests from farmers, those supermarkets - which included Aldi, Lidl, Asda (owned by Walmart), and Morrisons - agreed to pay more for the milk price.

The cost of milk is pretty cheap in the UK. Four pints (2.27 litres) of fresh (not UHT) semi-skimmed milk is usually 90p to £1 in most UK supermarkets (that'a approx €1.37 or $1.50)

"Dairy farmers are like any other business in that many can stand to be more efficient."

I don't know if farming practices are inefficient in the UK, but it's worth asking: what does efficiency mean when it comes to farming and animal welfare? I don't want to see dairy farmers go out of business or for milk to be imported. And I don't want to see more "zero grazing" farms where intensive indoor grazing is the norm and cows have little or no outdoor access. Intensive farming methods like this are already used in the UK and continental Europe and look set to grow. Perhaps it's really for us as consumers to ask: what price are we prepared to pay for milk?
C++11 introduced the alignof operator [0] along with the alignas specifier [1], which can be useful when doing placement-new style allocation like this.

[0]: http://en.cppreference.com/w/cpp/language/alignof
[1]: http://en.cppreference.com/w/cpp/language/alignas
related:

https://news.ycombinator.com/item?id=4584453
When I met this guy in college I knew he was an awesome dude, but lost track of him. Surprised and glad to see he's risen so far in the world!
T-Mobile does WiFi to GSM handover now. My phone has been doing it for two years. They have to; T-Mobile coverage has so many holes it would be useless otherwise.
> promoting them to that point is expensive

(1) Not for facebook and (2) I don't think that they would inevitably promote every new app to the top — I think they'd rather see how it grows organically first to determine how good it turned out to be.
Golang isomorphic hot reloadable/React/Flummox/css-module starter kit
Kit for Facebook React Single Page Apps with Golang server side render and also with a set of useful features for rapid development of efficient applications.

Link: https://github.com/olebedev/go-starter-kit
Accept that the valuation isn't particularly relevant at this phase, and negotiate on terms you care about: a contractual term of employment, 9/80 work schedule, and 20 days of paid vacation, for instance.
Why Do Strategy Game App Store Icons All Look the Same?
"We already know everything about you. Why not let us run your life?"
That graph is dug out whenever the feasibility of fusion is discussed. It's a prediction from 1976 – you should know how credible decade-long predictions on the progress of unproven technologies are.
You can get a quick fermi estimate of the value of the equity by multiplying their payroll by the percentage of the company you're getting. Presumably, payroll swaps cash for an equal amount of value provided to the company. So if they have ten employees @ 100k per year, 1% of the company is worth roughly $10k/yr.

Your risk profile may vary, so treat this as a starting point.
> changes would not be wanted.

Changes are wanted - very much. But clean changes adhering to MicroPython coding standards. So, if you have time and/or need to support ESP8266, please keep sending patches and working on elaborating them. In the meantime, more people appear to want to work on STM, TI and other chips, however you or me may find it strange. Probably because those chips already have been having impact on the industry - for number of last several years, and ESP8266 yet to show that impact.

All in all, MicroPython embraces ESP8266 and actually was one of the first open-source projects to provide initial support for it (nodemcu was closed-source at that time). Contributions are welcome. We're also looking for sponsorship opportunities to provide top-notch support for it, but so far it didn't work out.
> So say that I have given a quote as a consultant for $100k worth of development. They can only afford to pay $50k. They claim their seed round gave them a valuation of $10M, so therefore they offer 50k / 10M = 0.5% in equity in addition to the $50k cash. This is why the valuation matters - it is directly determining the amount of equity in the offer.

The valuation matters, of course, but if I was in your shoes, my biggest concern wouldn't be validation of the valuation:

1. A $10 million valuation is well above the median valuation for seed stage companies[1]. What's strange here is that the startup doesn't even have a technical team, so what was the justification for the valuation?

2. Despite the fact that this company was somehow apparently able to raise at a premium valuation, it apparently didn't raise enough to pay for the development that's needed. That implies it raised too little. Whatever the reason, that's a huge red flag.

In a scenario like this, I wouldn't consider equity to be at all attractive.

[1] http://www.theventurealley.com/series-seed-the-new-series-a/
To Be Continuous, a Continuous Delivery Podcast with Paul Biggar and Edith Harbaugh
Alien is searching for a maintainer :( posted 7 months ago http://joeyh.name/code/alien/
I have a 5 year old. Yes, Aldi does have toilets for customers. (Every time we walk in the store...)
Why is JPL doing bio with NASA money? That's an NSF function.
Facebook M logo a copycat?
>YC filters applicants for dedicated founders who will not give up easily

Well, they try to filter by that quality, as would any other incubator or investor. It would make no sense to accept apathetic founders who will surrender at the first obstacle. Personally, I'm skeptical that they having any advantage in identifying such abstract traits. How would you identify it from a 15 minute interview?
There are "stops" all the time without suspicion of a crime. As a passenger, I went through a sobriety check point last week, where the police officer asked for ID, and then asked the driver if he had been drinking. Every car that passed through that part of town during that hour or so did the same.
For bonus points, feed the score of each imgur/reddit post back into the Kittydar neural net that is doing cat facial detection so that it learns to snap photos that yield maximum karma.
For all the (little) work I have done with JS I used the same technique of string concatenation, and I don't really see an issue with writing "+ instead of { (respectively +" instead of }).

Ruby has a different philosophy than Python, was originally intended to be Perl replacement, and is more open to cryptic shortcuts like this.

While in Python, the presumably better format() syntax was a step to actually longer code, character-wise, than old C-style % interpolation. Python simply tries to be more explicit, because it is used in more domains than just text processing; similar arguments can be raised against Python's treatment of regular expressions.
Because the account is obviously a pseudonym?
Interesting talk - Paul Davies[1] on FQXi - The Physics of Cancer:
http://traffic.libsyn.com/fqxipodcast/Physics_of_Cancer.mp3

From: http://fqxi.org/community/podcast/2014.10.02 (the extended version of this interview is also available)

[1]: http://cancer-insights.asu.edu/2012/02/is-cancer-an-ancient-...
The argument isn't that it isn't meaningful, it's that it shouldn't be.
Thought: There's going to be a need for a very open platform that can do things like this, which will offset many of the worries that have been echoed on this thread today about one or a few corporations having access to everything.

To use an analogy - if messaging apps are the new "browsers", then content accessed through them are the new "websites". What FB is doing is the equivalent of AOL in the 90s.

What then, is the equivalent of a search engine like Google/Yahoo, in that world?
Are you writing from a place that has an efficient and reliable public transport network that runs around the clock?

If you are then I don't mind heavy enforcement of suspended licenses, but if you aren't when you clamp down on the "privilege" of driving a car you may also be destroying their ability to support themselves and their family. Having heavy punishments on a necessity like transport, without an adequate replacement, is hugely skewed against the poor. The rich can get someone else to drive or have their lawyer fight their license points, but the poor get disproportionately screwed.
For what monetary end game???? I don't want to start the SystemD debates again but what "play" out of the playbook with what evil end game motivation?
Please talk to somebody who works in finance. You will virtually never hear the term "market cap" used to describe the value of private companies. If you use this term in this context, it will be assumed that you don't know what you're talking about.

There's a reason Sam updated the language in his post...
Too many calories.
Build Metrics for Grunt – Collect and Report All the Things
Amazon free delivery extended to 13,000 pickup locations
It would be nice if gps apps (Google, Waze, Apple Maps, etc) would start showing this on their maps, and effectively treating them as a toll road. All the needed data is publicly available: town population, number of tickets, percentage of town revenue coming from fines, etc.

If the law isn't going to require signage for speed traps, the software can.