skysight-inc/HackerNews huggingface dataset:
How cool are you and your wife with living like students, deferring a home purchase, and deferring children? If not, the entrepreneurial path could be really hard. Entrepreneurship probably means avoiding further big obligations.

Next factor, what's your monthly debt payment, how much can your wife earn, and how cheaply can you live?

Entrepreneurship is usually light on cash income. I'm embarrassed to say that it took me 10 years of entrepreneurship before I got my first payout that could cancel out your debt. I'm probably in the slow class, and you'll probably not be as much of a dunce as me. But to be on the safe side, is your wife cool with enduring 10 years of uncertainty before buying a house and having kids?

You could pay that down more deterministically by finding a job in finance or another high-income / lower upside field. Really depends on what is right for you. I'm an advocate for the entrepreneurial path, and wish you the best of luck with it. Just make sure you and your wife understand the potential sacrifices.
Cool another propaganda network
http://wiki.answers.com/Q/Should_you_declare_bankruptcy
Getting through my MBA was the toughest thing I have ever done in my life, particularly due to my psychiatric illness at the time. During this time I sought high and low for a practical, easy to understand, non-wishy-wahsy, and logical self-help book that would at the very least give me some guidance on how to deal with the stress I was under. I hated almost everything I found. I felt so trapped, I started looking at US Army POW survival manuals for clues on dealing with stress and fear.

Since then I've been hoping to write something or develop a website that would help another person going through a tough time (of any sorts) get through it successfully. Not sure how I would monetize it, but it would be cool if I could come up with a way to bring some sense to the self-help market.

Since I don't have training in counseling or psychology I even thought about going for the one year Master of Positive Psychology program at UPenn, but of course dropped the idea as it would add to my debt.

Anyway, that's the only idea I have had and only topic I really have passion for at the moment.

Maybe if I did some exploratory research on different things I could come up with some more areas I'd be interested in.

But I need to move fast as I'm terrified of defaulting on my bills when the year is out.
I am sure they will get 'pre-orders' and all this other stuff - still capitalizing on the hype.
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That's not really the right question -- it's more about the investment opportunities inside and outside the Bay Area. In SFBA, there are so many startups that if you're a median investor you are investing in perhaps the 1000th best opportunity in the area. If you are willing to invest in a place with fewer investors, you may be investing in the 1st-5th best opportunities in say, Jacksonville FL. However, that assumes that it's possible to rank order these a priori, and more importantly, that you can serve your portfolio companies as effectively when remote (you can't).
I doubt a business going from 0 to $20M in <5 years while paying out millions in dividends along the way is common anywhere. You have to remember that for investors it's all about IRR. That kind of IRR on the 1 out of 10 investments that gets to that level isn't interesting to any real investor. Your focus on profit and dividends is misguided. Taking money out of a company in its early stages is a suboptimal strategy for value creation.

I rewrote my comment several times to make it less rude, but your advice is completely wrong and I hope nobody seeking investment follows it.
Definitely. When your application needs hundreds of read slaves in order to scale the load, PostgreSQL has always been everyone's first choice due to it's mature and historically awesome replication system. That's why companies who need to scale big (YouTube, Facebook, Yahoo, LinkedIn, Wikipedia, Twitter etc) all have hundreds (if not thousands) of PostgreSQL machines in their infrastructure.
So I'm just a simple country lad who doesn't understand the big silicon valley city, but I really don't get svbtle. This is coming from someone who is (I imagine) part of 'the masses' who has been linked posts from there but otherwise has no involvement.

It's.. a curated collection of blogs? Why can't you just have a blog? I've probably been linked a dozen or so blogs inside that network (always from HN, I've never noticed traction anywhere else), but at no point has there been any cross promotion, so the fact that it was inside svbtle barely seemed to matter.

On 'barely': so far the fast majority of posts that have come out of svbtle have not actually been very good, and the curated 'we are the cream of the internet crop' pretentious feeling you get is not that positive.

Basicially, for me, a blog being inside svbtle seems to have negligible effect, and that effect is a negative one.

Maybe I'm missing the point though.
use your free time to learn to program http://www.codecademy.com/
For vertical scaling, PostgreSQL is generally seen to be much faster. That varies by workload, of course, and I'm sure you could tailor a benchmark that shows MySQL to be dramatically faster than PostgreSQL. But in every benchmark or sample set I've come across, PostgreSQL tends to scale linearly with the number of processor cores and handles ridiculously unlikely concurrency demands with ease. MySQL has a reputation, deserved or not, for being fast for single-connection, read-only workloads but not so quick when writes or multiple users are added in. Under load, PostgreSQL seems to be faster than the quick-but-dangerous MyISAM MySQL table type, and almost always faster than the slow-but-safer InnoDB table type.

I can't speak to horizontal scaling, as my little database with maybe 50 million rows never comes close to loading out its aging 4-core server, even when being hammered by lots of web visitors running complicated reports and internal clients performing all sorts of CRUD operations.
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I actually came here to post the exact opposite comment. I love all of the writers on svbtle, especially the ones that are linked often on HN (dcurtis, caldwell, etc), and I love the design.
Plus "unlawfully pornographic" is a huge different to "any kind of partial nudity".
Bingcubator is also moving rather quickly from everything I've heard. Going to be interesting to see what comes out of there.
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Hey, I just got finished building a prototype of a little web app.

The concept is basically a wiki-Siri - a very simple Q&A site, where there is only one answer to every question. It could also be thought of as a Wikipedia for questions, where the lengths of answers is limited (currently to 300 characters).

Right now it is only a website, but if it gains any popularity then I would like to bring it to mobile. I think another long-term goal would be performing actions and getting real-time data based on user input. These actions and data would be integrated into the editing interface.

Anyway, please let me know what you think of this prototype. Thanks!

URL: http://voke.fm
"make something noteworthy" — interesting choice of words. Nothing is noteworthy until Svbtle chooses to take note of it.
I'm sorry, I can't tell what your point is. Please explain what about groupthink and/or this situation you mean.
> I think it's important to note that management is a human creation - it is more like a television set - than an element of nature, like a tree.

Yes, management is much the same as engineers, teachers, masons, textile workers, etc. in this regard... Nature mostly creates consumers, hunters, and possibly prostitutes....

Wait, what is your point?
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Oh yeah, I agree 100%.

That was just a "if you're really desperate and can't wait for the invite, here's a way to do it" idea.
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I don't understand. Why can't they just hand you the terminal and say, "log in or we'll shoot you"? Why the roundabout process with recording the sequence and having a failed login and all that?
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Thanks for the suggestion-- we'll look into it!
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As a former Software Development Lead @ Microsoft who went through calibration multiple times and no longer works there or has skin in the game, the article is just plain old factually incorrect.

Yes there is a 20/70/10 curve with both the old/new systems, but managers aren't held to the curve until the org size is around 30-50 people so exceptions can be made in either direction for strong/weak teams. Also the claim that only 1/2's can transfer is bogus, plenty of managers are happy to take 3's and 4's can move in most situations (I know of a person who got multiple U-10/5's and he still found a job). Finally the claim that calibration takes a ton of time is way over hyped, I probably spent less than a week on year end calibration (bit more than that including writing reviews, which is hugely important).

As a Software Development Manager at Amazon I can also attest to the fact that calibration isn't unique to Microsoft, Amazon just calls it OLR's. It's not a perfect system, but I have yet to hear great suggestions on how to improve it. I'm also not advocating the Microsoft system, but the facts in the article are just out of whack.
From the looks of it, there's no meat behind this story other than the announcement. The developer has nothing more than words and some concept art. This is a pure marketing ploy for both the Ouya developers and the game developers - neither have anything invested at the moment, both just drumming up hype for their unreleased products.

Talk is cheap, as they say.
He is building a highway, who wants to pay for a highway? Well, wait until someone builds a car, and motorcycles and malls, and restaurants. If you understand building long lasting roads is possibly the single most important step towards a better-fast-growing economy, then you will get a grasp of what he is doing.

I had no idea who the guy was and I can care the less about his past experience, but I am confident he is building the future.

He is not building Twitter, and I believe he only uses the Twitter analogy because that is closest to what he is trying to build. He is building an engine that will allow all users to throw data in, be it links, text, photos, news, private messages, anything. This data will be available to developers who are going to build sophisticated tools to make it work for you and others.
How bad HR practices can screw a company is a well known fact.

What isn't so well known is how to run a large, knowlege worker driven company well.

That's why it is so hard to cast Microsoft and Google aside as easily as people seem to. Yes, they are doing all kinds of things wrong. What's amazing is how much they are getting right, given the odds. That's the insight the author of this article seems to lack.
On the other hand, if the Chinese government finds out you have an HSTS flag for https://www.youversion.com/ or some such...
Best way not to have privacy issues, is to ignore them.
Some might not see how awesome this is, but for example: My dad'd blood work came up perfect year after year, zero symptoms. Even 1 year before pancreatic cancer metastasize. There are already markers to detect it and it only takes adding blood to it ,but the price is prohibiting so it's not a standard test.

The idea of sets of super cheap markers which can are included all the time by default in blood tests is incredible.
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Your company can multiply sales, this may be the first major step
Err....what? Am I missing something here? While I know Dustin is a "design genius"...did he raise some money or is there some monetization plan (in the short term) that I am not aware of?

I mean, I fully agree with the premise of the current state of journalism.

This solution does seem awesome - it's one of the reasons I love The Economist.

But as a potential writer, I am not keen on necessarily jumping into something where I don't know what the future might look like.
Beautiful format and great bloggers. I love the sheer simplicity of the site and focus on quality content. Every time I'm linked to Svbtle blog I am really genuinely interested on what the writer has to offer because you've done a great job of maintaining quality. Looking forward to these new writers!
I agree, something about it is pretentious. The title of svbtle.com is 'Svbtle : The essence of blogging' which reminds me of that advert in Zoolander where Derrick is advertising some sort of male facecream.
Theoretical computer science stuff has little overlap with shipping a quality product and a great customer experience. Microsofts success has always been a combination of "good enough" and cunning yet cut throat business practice.

In the age of the web though, the market will now continue to out step Ballmer and whatever Harvard theoretical math he could throw at his developers developers developers developers.
More memshrink news, or how awesome is Firefox 15?
So that's cool, different strokes for different folks and all that, and I didn't want my trace-negative (it really is very small) opinion to be the main point.

My question to you is, has the fact that it's on Svbtle changed anything about it? Do you know follow everyone on that network because you presume they will be good?

So: if I was a great writer and I made a site that looked as nice would I be better or worse off compared to if I was under Svtble's umbrella?
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We're entrepreneurs trying to improve edu with tech.
>For example, I am pretty sure most teachers still do all their lesson planning using word processing software, which is like architects working in MS Paint

I love this analogy! I'd say it's like programmers working in TextEdit though. Can you tell me your opinion about lesson planning tools in detail?
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Sweet! I'll be running all my searches through DuckDuckGoog from now on. Thanks so much!
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Even worse, it's a curated collection of blogs...that all look the same!

Dave McClure posted a really thoughtful post about late bloomers recently, and the general reaction was "Wait...Dave McClure wrote that?" Yeah, you can't tell, because his blog looks exactly like 20+ other ones! This is the same pet peeve I had with WPTouch...everything looks the same and it destroys branding. (Not hoity-toity Fortune 500 company "branding"--just your picture on the blog, or something that indicates your blog is written by, you know, you, and not some anonymous random person. Especially when you are Dave McClure.)

To add a constructive point to this: http://jobs.problogger.net/ is a way, WAY better place to hire writers than a Hacker News post. We posted a job opening for some writers on there and got back some amazing resumes, including people who had media credentials galore and who had written for top newspapers and magazines. This seems like it'd be right up Svbtle's alley.
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Valve has been mentioned elsewhere in the thread, but I'd like to point out that Valve also uses stack ranking, according to their handbook:

http://www.valvesoftware.com/company/Valve_Handbook_LowRes.p...

I guess it's the Microsoft influence. But things seem to work out well for them...
http://news.ycombinator.com/item?id=2471229

How much is student loan debt vs credit card debt?

As I understand in the US, you may still have some of the student loan debt remain after a bankruptcy.

I haven't started a successful business, but I've heard many, many entrepreneurs say not to expect a significant income for 2-3 years. And even then it would probably be minimal and not cover your debt obligations.

Bankruptcy is obviously a personal choice to make.

However, please realise that some people are more prone to getting into debt and even with a bankruptcy, if your behaviour doesn't change, you may wind up right back in the same situation in a few years.

I don't mean this as a personal attack, but from what you wrote, your wife sounds like she has similar issues with money.

I came out of college about $40,000 in debt and paid it off in about 2 years. I listened to Dave Ramsey a lot during this period to keep me motivated - http://www.daveramsey.com/radio/home/
> So: if I was a great writer and I made a site that looked as nice would I be better or worse off compared to if I was under Svtble's umbrella?

It's a judgement the individual has to make: do the potential discovery/cross-promotion benefits (which do not seem to be clear just now) of Svbtle outweight the potential issue with getting buried amongst a sea of other great writers?
I would probably consider PostgreSQL if I didn't need MySQL on my VPS for wordpress.
I was thinking glorified bookmarks at the beginning too, but then I saw how it integrated the last.fm controls into the media widget in the panel. I am also currently using the Online Accounts functionality in Gnome, and it is pretty cool how it will automatically use the credentials from each account I specify in applications which support it.

My main use case is my multiple Google accounts (work, uni, personal) and their respective calendars. I just fire up evolution, it automatically connects to Google and the calendar widget in the panel populates with my events. Its just a shame that only evolution does this, and Thunderbird does not seem to integrate with it.

This is pretty similar to Android, how you specify your online accounts, and it is up to individual applications to make use of those credentials if they please. There just seems to be much more usage of this in Android than in Gnome.
Right now, you don't need to get rich. You need to get some of the pressure off and get stable. If you can reasonably land a six-figure job which you can stand doing for a few years, DO IT.

Desperate and looking for get-rich-quick schemes is not conducive to successful entrepreneurship. Most successful businesses take years to build, and most business ventures are not successful. You should consider whether it can be a part of your ongoing career plans, but it's not a likely solution to your immediate problems.
Agreed. The pay off seems rather incremental but the playoffs are nuanced. A developer doesn't have to install it manually, and this is big for junior developers who may not have set up a sophisticated environment before. It also cuts down on set up time for new machines and new hires. Any bogus environmental issues go away and could regain 3-4 hours on day 1 getting into a new app.

Postgres performs and behaves differently too. Developers will be more conscious of vacuuming and analyzing their DBS, especially after large deletes, etc.

Overall it removes friction, regardless of how trivial, and helps commoditize the whole development and deployment cycle which is essentially herokus entire value proposition.

I say great work.
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Chris is not talking about this. He's talking about venture capital, where (1) you typically need to raise at least $2M (otherwise the firm can't justify the board seat), (2) the money for the investment came from a venture fund that was raised from limited partners, and the fund's lifecycle is structured such that the investments need to see liquidity within 5-10 years.

As for angel investors, the angel deals you hear about on HN and TechCrunch work differently from what you're talking about. They don't buy common stock and they wouldn't receive dividends even if you paid them. Instead the angels receive a debt instrument that turns into series A preferred stock once you raise venture capital. If you fail to raise venture capital, the angel writes off the investment as bad debt and walks away. Historically these deals wouldn't even fix a value on the company, though the conversion caps that are now in vogue are effectively valuations.

One reason it's done this way is that just the legal fees for issuing series A preferred stock easily run to $50-75k. That money is spent drafting the protective provisions that make the stock "series A preferred" rather than "common". Another is that, historically, angels have found that the big wins are so big that they make the rest of the portfolio irrelevant.

So sure, if you can find an angel that will buy $250k of common stock in a tech company that has no chance of a big upside, go for it, but I think you're going to be looking for a long time. Of course you're right that many businesses are financed through small common stock deals, but these are more often small businesses like your local restaurant or auto mechanic, where the business model is well understood but there is no chance for this 10x return on capital you mentioned, and the money usually comes from friends and family, not from professional investors.
If it uses the native app, it would have to be a jailbreak tweak. I'm assuming it's a separate app, so that more people can use it.
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Which is why Samsung was so stupid to have copied anything. They didn't need to.
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Im going to assume this is sarcasm since Facebook is built entirely on sharded MySQL. Don't want anyone else to get confused in case it doesn't come through for them.
Hi, just to address, there are two options I'm working on at this point:

1) App-less (just changed your contact settings); and
2) I am tinkering with some local app stuff for the folks who want it.

The focus right now is 1), but the point of getting out so early is to validate these assumptions.

Thanks for the feedback / questions.
Although there's nothing stopping a writer from promoting their Svtble blog to their own existing/narrow audience - who may not know or even care that it is part of a wider network.
Thanks Yoseph
Does Postgres have an equivalent Connect By feature? Last I checked it didn't. If you don't need to scale your hierarchical data much, its pretty handy. I'd prefer to go to Postgres too.
I think we're still waiting for the first big thing.
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