skysight-inc/HackerNews huggingface dataset:
In my country you're responsible with your full wealth for your debt (and there's no personal bankruptcy law - it applies only to businesses). They'll retain 1/3 of your salary until they fully recover the difference, if there's any left after the foreclosure.
They "seem to expect it" because they are very often told to expect it.
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Thanks! I tried to find it without much success.
Different classes of shares, liquidation preference, the IP being in a separate company that leases it to the company that you own the shares in, performance clauses (company needs to earn 2x revenue over the next 2 years).
Ask HN: junior hedge fund programmer - what is fair compensation?
I'm a self-taught programmer w/ 0-1 year of professional experience. My current income is pretty dismal, and the recruiter (third-party) forced me to disclose it. Now I'm worried if that might drag down the offer. I can't accurately assess my value, as I don't have something concrete like a CS degree to base it on. I'm also afraid I'll be meek about negotiation, if I'm asking for something thats way off their range.

It's a multi-billion dollar hedge fund in NYC w/ very low headcount. I'd say the project workload is higher than average because of a small dev team, and its a fair balance of front/middle/back office work. Its a discretionary (non-quant) fund.

1) What range should I expect to be fair? (salary + bonus)

2) Is it unethical to negotiate directly with the employer (go around the recruiter)? I imagine the recruiter just wants to close a deal, and not really fight for the best offer.

3) If I shoot too high, can the offer get pulled before I'm told its out of their range? If I say "I'm expecting X" can they say "We're sorry, that's too much, we decided to go with applicant B" ?

4) I'm reading about negotiation (especially here on HN). Everything from "don't say the first number" to "say the first number (price anchoring)". I actually have a figure in my mind that I believe I'd be happy with. Its slightly higher than the top of the range I was quoted by the recruiter. Would it be better to just say "I expect X for this position" and be hardnose about it, or to say "I was expecting something between X and X+20%" and negotiate?
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That article misses the bulk of what good design is actually about. To quote Steve Jobs:

"Most people make the mistake of thinking design is what it looks like. People think it's this veneer -- that the designers are handed this box and told, 'Make it look good!' That's not what we think design is. It's not just what it looks like and feels like. Design is how it works."

If you want to learn about design, before reading books about colors, fonts, grid layouts or how to make an inner glow in Photoshop, you should start by reading something like Don Norman's "The Design of Everyday Things" to gain an appreciation for how things work, and why. Then worry about making them look good.
That is I think a sign of bad writing on my part. I certainly didn't write this to be on hacker news, I just wrote it because I was suprised how hard, and possibly dangerous, github's newbie guide is (I have now clarified that I am talking about following github's newbie guide, vs. bitbuckets).

I did then submit to hacker news on a whim, first time writing a post, next time I'll sit on a little longer and re-read it later, to make sure I've clearly made my point.
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tl;dr: Because their market is in the US.
From what I understand about the hedge fund market (a friend of mine is the CTO of a hedge fund who worked his way up as a programmer), especially for NYC, is to expect a low salary, and make it up with the end of year bonus.

No idea how much things have changed since he told me this (a couple years ago), but that's what I got.
Let them decide. Go for it young man. If they are smart, they will "hire for attitude, train for skills".
More context:

http://en.wikipedia.org/wiki/Andrew_Lahde

> Andrew Lahde (born 1971) was a California-based hedge fund manager
> who in 2007 earned some fame for achieving return rates in the vicinity
> of 1000% with his Lahde Capital, based in Santa Monica,
> California. The fund speculated on increases of U.S. subprime
> mortgage defaults.
Thanks, that was what I ordered. And it seems Confessions is actually from 60s, just the print sold in Amazon was from 2004.
So is no one naming names of the companies they worked for? Most of this stuff doesn't seem to violate any NDAs and we're all past the quiet period...

Anyway, I was an early rank and file employee at a startup that was acquired by WebMD. When WebMD merged with Healtheon in '99 - which I'm counting as an exit, since our office was shut down shortly thereafter - we were able to exercise our options. I cashed out a third of my vested ISOs to the tune of about $50K. Not FU money, but a nice boost to a 25 year old, and enough to put a substantial down payment on a house.

What I learned:

• Some of my coworkers thought I was loony for cashing out when I did - they thought the stock price would keep going up. And it did - for a while. Remember, this was 2000. We were all out of a job in six months. A bird in the hand, etc.

• Some people cashed out 100%, seeing dollar signs, and didn't get counseled on the tax ramifications. That ended poorly. These were young engineering types who chose not to listen to our awesome CFO/office manager/HR person back when we were a tiny startup. It's amazing how someone can grok Python, and not compound interest.

• The house I put 25% down on in 2000 sold in 2006 for more than twice what I paid for it, while the "nostalgia shares" I kept from WebMD aren't worth one-tenth of what they were in 2000. This was a valuable lesson in the benefits of diversification.

Finally, what I learned was that the only difference between gambling in Vegas and gambling with tech startup stock options is that in Vegas, you get free drinks.
Sounds like you are looking at startups as if your job is to come up with some new idea.

Don't do this.

Your job is to provide something people want that you can scale. 99.99% of the time somebody will be able to point at what you are doing and say "That's already been done!"

People who say this have no idea what they are talking about.

A business is about a hell of a lot more than some unique, creative idea. In fact, I think it's almost a reliable metric to reverse this thinking: what's been done to death that other hackers wouldn't like? To me if you want some kind of system for ideas, that's where I'd go.

But the big-picture ideas are almost always worthless because the devil is in the details. The "why the hell would anyone use my service" is spot on. The answer will never be something like "I have a unique idea" -- it'll be a lot more complicated than that.

I consume a lot of things, and I never make consumption or purchase choices based on who actually came up with the business concept or how many other folks are doing it.
It depends on what type of design you're talking about. Some design disciplines are "make it look good" and some are "make it work good" or "make it read good". Design is too broad a word to use in this context.
Good point, their order assembly is pretty automated and this would be a huge change to that.
Duuble: microblogging diary
compete on anything, anything other than price.

- design

- customer service

- aim for hardcore users

- aim for entry-level users

- velocity of improvements

- tone (is your competition "enterprisey"? be more friendly and mainstream)

etc. this is not an exhaustive list. there's always a way to differentiate.
Khan Academy Competitor? Alison.com founder on the future of Online Ed
Obviously you missed the text in parentheses in Part 1 - "Have an existing key pair? You can skip to Step 4."

You can add as many public keys to your GitHub account as you want - I have like half a dozen for the different computers I use.
Let me see if I understand your argument.

If they had chosen a newer language you didn't approve of, you would have glibly dismissed their engineering decision as "being swayed by fashion."

Since they chose Java, though, the engineers are being "professional" and anyone saying that their decision was swayed by fashion is being "ridiculous," claiming to have a "window into the operational decisions of NSA."

A little bias here perhaps?
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Ars Technica criticizing RSS while advertising Twitter? With respect to the point of the article, that's a false dichotomy.

Other than that, RSS is universal and decentralized whereas Twitter is a vain, contained and centralized environment.
The answer like always is that everything depends - so is case dependent as you put in your question. I'm not aware that it regularly increases over time, unless the issues get more complicated over time. The most common model is paying by the hour (or sub-hour increment. If you are working with a top-tier silicon valley law firm on IP issues something else complex, you can pay several hundred dollars an hour, or a hundred or two for advice on privacy policies, or less than that for easy work they can punt to an associate. Other arrangements are possible if you have a relationship with the firm or lawyer; like taking options in lieu of cash; or a retainer (fixed price per month). And now more and more standard documents are available online, which might take many of the costs way way down:
http://www.seriesseed.com/posts/2010/02/series-seed-financin...

If you can say more about your issue, you might get better feedback - it really is very dependent on the situation.

Hope this helps a little.
Salary for a junior developer can be anywhere between $80K-120K with a bonus range of 10%-50%. This is based on nothing but 1-2 years of experience and a CS degree. Most companies will not deal directly with you if you came with a recruiter. The recruiter makes about 20-30% commission on your BASE salary so they are motivated to get you the most money and close the deal (which means you need to accept it).
Stick a computer on the moon, put a mirror of the Web on it, and let it serve queries over shortwave radio. Then all a fallen civilisation has to do is re-discover radio, to get access to the world's knowledge.
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Go niche, rather than trying to compete on price. They've been doing it longer so are likely better at it, and therefore could drop their prices even lower if they wanted to.
Smelly Urine
Has passion of programming long gone? Doing it for passion or for steady job?
Seem's like a CS degree is marketed more than any other degree in this era. Fresh students coming out of college have no idea how memory management works?, what pointer's are?, which data structures to use?, reversing a linked list? and so on .. Seem's like parents are convincing their kids to get a degree which would have a steady job track rather than do something which they love.
Out of interest (serious question), do you know why someone would already have files, unless they were an existing key pair? Shouldn't step 2 say, if you already have any files, "Wow, something is up, what are these files doing here?". Alternatively, why not just start people off using username+password rather than fiddling with keys?

Also, my belief is that newbies might not realise exactly what having "an existing key pair" is, and what it might already be connected to (VPNs or shell accounts they set up years ago, for example).
I would also add Don't Make Me Think (by Steve Krug) to that list.
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Pentagon fears listening posts from China
Thanks for the feedback. I won't be involved in the investment decisions, but will be developing tools for the traders. There is a bonus, but I'm not sure what the typical size is for the developers. I'm wondering if the bonus is on par with what developers at Google/Facebook, etc take home.

But you're right, it is something I will consider when evaluating the package.
You're clearly not greedy enough. Here's the UK link with my affiliate ID :-P :

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I know of several MIT people who've been early employees at startups in their 20s / early 30s and made few hundred K upon exit.

Does that happen often? No.

Will it happen for early Dropbox and Airbnb employees? Yes.

Can you get the same options if you joined Dropbox today? No.
Some startups have free drinks too, which generally means there is NO difference from Vegas.
What about a repository hosting service for non-source code related projects? Office workers don't use git, yet.

>> I'm thinking of just copying other startups but charge less as a possible strategy. Is this a good idea?

No. As others mentioned, existing startups will be better than you are at the same problem because they've been doing it longer. As a result they can always charge lower than you.

What you can do is take an existing startup idea and aim it at a totally different class of users. For the example above, instead of recreating git, what about Google Docs with version history, and aim it at office workers? They don't use Google docs much because Word is almost better at everyway except sharing, which they do using email instead of via Google docs. From friends' anecdotes, it's because email provides crude version history, but google docs doesn't even provide that.

Just an example.

^^ The above things I said was what I learned in MKTG1001 Marketing Principles class. Business School makes sense some of the time, I think.
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I totally agree. Going niche is also much easier if you have less resources. It makes targeting your potential customers much easier.

Find a niche and find how you can optimise any existing services for that niche. You can always expand beyond that later on.
TFA is kind of misleading.

It's not Jekyll et al. that are harmful to FOSS. The author talks about Disqus being a closed system, which is true.

However, assuming that I'm using Disqus just because I'm running a blog on Jekyll isn't a fair claim.
This Is The British Bank’s 9/11
Assuming you have the only copy of any file that has been exposed on the Internet is unwise. If you got a copy of it over the network using an unsecured protocol then there's a significant chance others did too.
Entrepreneurs shouldn't be building things for the sake of making money. If you're an entrepreneur, it's your job to solve real problems that people have. It's never about you. It's always about the people you're serving.
I find it hard to beleive your company can't spend $100 on offloading to a managed resource such as GitHub.

Oh, we can. We just haven't needed to yet.
Hermes Constance
Closing is for losers and benefits don't work?
Yikes… I'm finding more and more links coming up on this site that just simply shouldn't be making their way up. This one being yet another.

The web is very generational. One day such and such is the greatest thing. Then the next day another thing is the new hottness.

Static site generators are becoming very popular for a very good reason. Most sites simply don't NEED all of the crud that comes with dynamic sites. I think we'll be seeing a bit of a minimalization of a lot of websites now that static site generators are becoming more popular. This isn't a bad thing, it's almost like a reboot in a sense.

We'll likely see a large category of ways to combat the comment issue the link is discussing. But that's just one of the things that's so wrong about the article. The writer is worried about... comments?

Fact is Disqus provides a great service for people and it just so happens it works great with static sites. I know in the nanoc irc channel there was minor discussion about finding a way to use nanoc + something like couchdb to regenerate pages with new comments.

Point being, there are ways around using services like Disqus. They won't be going away and new services will pop up. The benefit here is that there's going to be a lot of changes because of static site generators. That's a good thing, it will hopefully make a lot of website generation tools a lot better.

The article however is kind of lacking any deep thought and relevent reasoning.
I don't think RSS as a mechanism is the problem here. If anything, it's a problem of oversubscribing to too many blogs and news sites. What's really needed is a better mechanism for providing an overview of these items in a way that allows one to quickly skim over unread items and decide what's worth reading and what's not. Something along the lines of Flipboard or Pulse with ReadItLater support, which already exists for your tablet/phone, but seems to be lacking for desktops (as far as I know. I could be wrong here though).
Are there no buildings older than 6102 years because every building inevitably crumbles or because the buildings that existed 6102 years ago inevitable crumbled?

Agriculture isn’t that old and there just wan’t any need for permanent buildings before agriculture arrived.

It doesn’t seem completely out of the question for the Pyramids to survive another 2,000 years to reach 6,000 years. (Ok, that might be a bad point to make, given that there is nothing inside the pyramids anymore.)
A communications scholar at Cornell named Lee Humphreys has a paper under review that compares Twitter to 18th century diaries. Apparently, it was common practice for people (mostly women) to keep short accounts of daily life in their journals. Every six months, they swapped the diaries with their friends and family. The Twitter of the 18th century. Old is new again.
SSH keys are used because they are the de facto standard for git authentication - GitHub didn't invent this, this is pretty much how it is done with any remote git repo.

I don't use Mac, so am not sure what applications might generate keypairs that the user would not be familiar with. But, the guide does have a step that moves existing keys to a backup folder, so they shouldn't get deleted, in any case. I'm not totally sure why they want a clean private key, and don't let the user simply copy the existing public key over if a keypair already exists.
If you can do the same thing for less money, that's just good business. If you're stealing someone's unique idea, that's still business, just not particularly moral.
First Impression: For some reason, unless I can see an example of exactly what this looks like / a demo I can't see myself signing up.

Signing up was fairly quick. However making my first post was a little troublesome: Hitting the "enter" button when didn't seem to post anything. The overall feel here feels less like a diary and more like a self-contained twitter feed. I think it's the atmosphere of the application that is throwing me off the most.

Congrats on shipping a product though! I'll continue to try it out.
+1

I do not fathom the people who have been downvoting my comment. By all means, if you find someone on this site who submits nothing but link spam, downvote and flag them. Otherwise, why get your knickers in a knot about me getting a pittance for recommending a book I happened to like?
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A tip: use a service like www.blogtrottr.com to keep up on infrequently-updated RSS feeds. It emails you with an excerpt and link to the full article when one gets published. That way you're not cluttering up your RSS reader with feeds that 95% of the time will show old content or no content.
Exactly. Plenty of high-profile blogs that are powered by wordpress also use disqus. Using disqus != using a site generator (jekyll), and using jekyll != using disqus.

The same could be said for those of us who use posterous to power our blogs. I think what the author of the article really wanted is to suggest a free/open commenting platform similar to disqus. I wonder how long until we see a "Comment.js" type post now? Could be cool.
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I use Jekyll, but I don't use Disqus. What really motivated my switch to Jekyll however was not some abstract notion of "good code." I've looked around the WordPress internals, and yes, it's not exactly a vision of loveliness, but it's readable and the whole package has fantastic documentation.

What motivated my choice was security. My blog is very low-traffic, I post to it only a handful of times every year. It is not worth my time to worry about keeping WordPress updated and pruning spam from a comment list that ends up being 98% spam. Jekyll solves this so long as I'm willing to give up comments. Fair trade. If I want comments, the only way to get similar peace of mind is farming out comments to a third-party service which I do not control. (Because I do not want it to be something I have to maintain on a weekly basis.)
I use proxies to filter my news. Proxies are people like you and every other user of Reddit and HN. These people help me by voting on what stories they think are important. For example, I never go to TechCrunch on my own. Occasionally there will be an interesting article there, and it will show up on HN. It's using the wisdom of the crowd to filter the thousands of articles that are written every day.

Instead of saving stuff to read later, when I want to read something I go to HN and check what's currently on top. I'll almost always find something interesting, and if I check about ounce a day I don't miss much.
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Upon signing into my google analytics account I was forced to migrate due to a conflicting account and create another gmail. In addition to that additional gmail account being worthless, my whole profile (10+ websites) has been lost and there's no way to get it back. And, there's seemingly no way to get a response. What the hell?
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(3) is only going to happen if you insist. People generally make offers serially, from the candidate they're most interested in, to the one they're least interested in (but still interested in hiring obviously). If you ask for too much, they'll let you know.
Can't wait to see videos/blog posts on the different tasks you'll be undertaking.
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> I combined that with my usual e-mail communications (tips from readers, conversations with PR folks from different companies, interviews already in progress, etc.) and my regular scans of Twitter in order to figure out what was going on during the day. It was stress-free, and I never felt like I was missing anything—I knew that if something truly important or controversial blew up, I'd hear about it instantly via Twitter and our loyal readers.

> Sam Stephenson, a programmer at 37signals, agreed. "I gave up on RSS a couple of years ago when I realized it was just another unread indicator in my dock, another number to zero out," Stephenson told Ars. "If an article or link is important it almost always shows up in my Twitter stream, or on one of the handful of websites I check throughout the day."

I think I see the problem here.
Either way our model of physics is off. Currently, the most reasonable explanation for dark matter is that it consists of some unknown, weakly-interacting particle. However, the standard model of physics predicts the existance of no such particle. Even this, the most mundane possibility, requires radical changes to our most fundamental physical theories.