skysight-inc/HackerNews huggingface dataset:
Uber was doing $213mil revenue late last year before they dropped their pricing/commission to dramatically increase both supply and demand.

They've since increased their commission back to 20%, added a $1 surcharge, integrated with google maps, and they've probably validated the same day package delivery business model in NY.

Valuation probably reflects crazy revenue growth they have in so many markets + future opportunities to dominate other verticals.

http://techcrunch.com/2013/12/04/leaked-uber-numbers-which-w... [dec 2013] <--note week-on-week increases too! and
Science has never said you can eat as many simple carbs as you like with no problem.

There have been "scumbag food advertisers" and "unqualified unregistered pseudo nutritionists" who have said that you must not eat any fat at all but that sugar is fine. That's not science.
Thanks for the pointer. In truth, I use a GUI (gitExtentions). I like it a lot more than the command line. Hopefully this is implemented somewhere. I'll look into it!
Not so much in professional services, no. The contacts have some value, but if you understand services, you know that the pillars are "sales" and "delivery", and in our field, most companies are constrained by "delivery".
Uber was doing $213mil revenue late last year before they dropped their pricing/commission to dramatically increase both supply and demand.

They've since increased their commission back to 20%, added a $1 surcharge, integrated with google maps, and they've probably validated the same day package delivery business model in NY.
Valuation probably reflects crazy revenue growth they have in so many markets + future opportunities to dominate other verticals.

http://techcrunch.com/2013/12/04/leaked-uber-numbers-which-w.... [dec 2013] <--note week-on-week increases too!
>TL:DR; Vodafone Greece is known to have been bugged, to spy on the lines of top government officials including the Prime Minister by persons unknown. Kostas Tsalikidis, Vodafone Greece’s head of network design, was found hanged in a supposed suicide in 2005. As far as I know, nobody was identified, much less charged/tried/convicted in this scandal.

This is slightly different though. The case you mention is about the discovery of the Greek government being bugged (obviously by another country, there were specific allegations -- and connections -- against an Embassy operating there).

Vodafone's recent revelation is about the governments themselves asking Vodafone for a direct line to its data, in their own country.
What’s disheartening about the NSF researcher is that he or she had some super expensive computing resources, worth $150,000, but only managed to mine $8,000 – $10,000 worth of Bitcoin.

I feel like the only people consistently making money out of Bitcoin are the ASIC vendors.
Building Apps with Parse and Swift
I'm not in SV. My cofounder and I own 100% of the business.

And that's the way it works in most of the world. The SV approach of giving early employees shares as an incentive is actually fairly tech-centric. Whoever heard of a restaurant's first waiter getting shares in the business?
The whole "creating jobs" narrative is a bit odd. It's not like the people working for Uber would have just sat on their hands otherwise. They would have found something else to do.
What about all the various credit card dongles (Square, PayPal, etc) that rely on the audio jack for output? Currently, the major players give the dongles away for free because they're fairly cheap to manufacture. What happens when Apple does away with the headphone jack and forces a licensing fee for the new interface?
So, interesting question. The article says that UbiSoft and EA have Tetris like games out. Did they license this from Pajitnov/Blue Planet Software?

Could someone, today, make a Tetris clone without licensing from Pajitnov/Blue Planet Software? Maybe a lot like Tetris, not using Tetris in the name, etc?
Sure: some PR work they do to cover the former. E.g helping out in some crisis situations et cetera.
Apple's Swift: A great way to engage only 20% of mobile audiences
Given that Google has a huge stake in Uber, I think an Amazon acquisition is unlikely. I see Uber as Google's go-to-market plan for driverless cars (along with the trucking industry) ... if they can pull that off, something like this valuation is justified.
> For example, I wonder how much the assorted aggressive nastiness you find online is basically a burst valve from sedentary people who really just need to go hit a ball or run hard for an hour?

Physical venting/channelling seems like a very temporary outlet for general misanthropy.
IANAL and I'm not in the deal flow lately, but:

There's usually some leeway in the strength of the representations and warrants. As seller you want them as weak as possible. You want minimal grounds for the buyer to come back later and claim, "You promised X would be true but it turned out not to be; and you agreed you'd make us whole". Instead you want the deal to be done so you can move on with your life.

The more complete your due diligence materials, probably the more you can negotiate the R&Ws to be milder and more reasonable for you. Or even if you can't, at least the R&Ws are covering less unknown territory.

Whereas if you have big holes in your documentation, naturally the buyer will want you to be on the hook for surprises, and may require some proceeds to be set aside in escrow, or whatever.
devdocs' C++ doesn't have the first thing I tried (list::erase)
Speed, not cost, is the main advantage of doing at least some work (think 80-20 rule) to keep your ducks in a row on an ongoing basis, in anticipation of future due diligence. In some (many?) deals, due diligence happens before the acquisition agreement is signed, under an NDA, meaning that the prospective buyer can walk away at any time, meaning in turn that it's in the seller's interest to get the deal done as quickly as possible. For example, I saw one client's sale unravel before signing because of an unrelated internal power struggle in the buyer's organization --- when the dust settled, the buyer executive who had championed the acquisition had been pushed out; the new powers-that-be didn't care about the acquisition, and walked away.
I don't know that the biological benefits of fasting are associated directly with cultural fasting patterns in our ancestry.

I suspect they're more linked with our ancestral hunter-gatherer traits. It seems logical that early humans would go periods of time without eating while hunting, then consume a large amount of protein and fat in a short period of time.

Religious and cultural fasting, however, would likely have not occurred until the development of language which is estimated at 20k-50k years ago. That's not a particularly long time on an evolutionary scale.
Ask HN: Which is the most suitable day to launch my startup publicly?
I am about to launch my product officially and was wondering which can be the best day since I want to avoid weekends and monday may be too busy for everyone. Any suggestions ?
Web Design – CSS Pseudo-Elements Introduction
Upgrade your CSS skills by learning pseudo-elements.
Doesn't help that it's completely out of context as well, IIRC.

But even in this quote the weasel word "essential" is included in the term "essential Liberty". So what is absolutely essential? Could there be legitimate disagreements on that?
The best way if you have the opportunity is to travel to a country where you want to learn the language from. This way gives you lots of advantages because you will feel forced to speak to be able to move around. Practice makes the difference!
What you describe is basically vesting and additional stock issuance, and it's common practice for most companies today. The actual numbers are usually 4 year vesting of founder shares, so they get about 6% of their allocated shares per quarter.

Employees also typically also get refresher equity grants, eg. my initial options package at Google was worth less than half the total equity I received in my 5 years there. And new stock is issued in fundraising events, so ownership percentage of the company does tend to decay with a half-life of a bit less than 17 years (eg. Bill Gates owned 66% of Microsoft at its founding, had about 26% IIRC in the late 90s, and now owns only about 3-4%).

I think you're completely ignoring the fact that there is a liquid and very competitive market in the founder/labor market. If employees were getting a raw deal at startups, they would quit to become founders, driving down the supply of employees and up the supply of startups until they start getting better equity grants. I've done that; I've been an employee at 2 startups and one big company, and am now founding my second startup. Anecdotally, I know many others who have also bounced between working for startups and founding startups.

I think a more likely explanation is that a massive number of startups die before ever getting their first employee. And so all of those early startup employees who try their hand at being a founder don't actually increase the pool of employing startups very much, and are re-absorbed back into the system as early employees at other startups. If you want a more equitable system, you'd want something where when people quit their jobs, they have a high chance of being able to make it on their own, and there's not a winner-take-all effect where most organizations fail to get traction and the winners absorb those that can't.

But then, that system already exists as well. It's called consulting, and is probably the truest indicator of what an employee's actual market value is.
Reminds me of the Dingo Fence(yes it's a real thing). Oz is so spooky.
https://en.wikipedia.org/wiki/Dingo_fence
What I meant is, do you know if CDPR are often firing developers to hire new ones just in order to rotate them? Or they value their input and invest in those who work for them?

They had financial difficulties in the past. They wrote how they almost went bust a while ago, while developing the Witcher 2. I don't think that's the subject of this thread.
Well, it's not like a huge player with tons of resources and bad-will can't buy out politicians in high places even in large Western European countries. Or sponsor the campaigns of people they favor (lackeys).

Or, if the above don't work sometime, straight-out help install military dictatorships -- e.g even in the heart of Europe, in the late sixties:

http://en.wikipedia.org/wiki/Greek_military_junta_of_1967%E2...
How do you know when someone doesn't have a Facebook account? They'll tell you. But at least you won't have to friend them.
It's not valid, as has been discussed about a dozen times in the thread. Peering arrangements to consumer ISPs are not symmetrical, and never have been.
Reducing one's calorie intake by 30% long-term seems highly unlikely for most people. I do wonder how many of the benefits can be had by just reducing glycation by reducing the amount of simple sugars one consumes.
You just got out of college and you got some equity and you don't think its enough? Wow... If were the founder I'd wonder what a recent grad had to offer to get any equity at all... Even if you got 1% or 2% the company would have to be worth hundreds of millions for you to see big money... and if its going that good then option and stock grants will be available to good employees. Don't try to hit a home run on your first time at bat. If you don't strike out... you're doing better than most.

However, I think you're looking at this the wrong way. Most startups fail.. you should be angling for more base and not worry about the equity at this point... get the experience and add it to your portfolio and look to your next job when this company tanks
Why do you want to change the world? Because you want to be great in the eyes of others! People who don't care about what their peers think of them are sociopaths.

I do agree though, let your forebrain help pick your friends carefully. That way you can be the envy of interesting people who make interesting choices.
Yes, but you'll note the scandal was about the government mandated wiretap facility being used to wiretap the government itself. They tacitly admitted to having (and presumably using) the capability in the first place.
My maths must be way out here, or the intarwebs is throwing up some very weird exchange rates. If not, this a collossal rip-off.

Most favourable exchange on there for Amazon UK at the mo:

* Buy someone's £46,85 wishlist and receive 89,66mBTC

* 1 mBTC = 13,33 US Cents

* 89,66mBTC = $11,95 = £7,11

So, spend £46,85 to buy £7,11 worth of Bitcoin. WTF??!! Even VirWox is better value than that!
Can we get following information from founder or does anyone know ?
1. When perfectaudience was started ?
2. How much revenue it had at the time of selling ?
3. What was rough ( though not exact ) percentage of company holding by owners at the time of selling ?
4. What software technologies they used for this platform ?
I am a founder of a company; I know what is involved. I've also been there on the employee side -- I know how much they contribute. And with that context, I can say with certainty that terms are almost universally biased in favor of founders and investors at the expense of employees. You can count the exceptions.
We changed the title ("Eliminating the last reasons to not enable IPv6") to a more neutral and informative subtitle.
I'm going to feed the troll here, but
"cut the population of potential contributors to the project by a factor 1000" is a flawed argument : The value of potential contributors is very low. You're better of trying to increase the comfort and power of the _current_ contributors.
Failure means failure to be a portable API. Whether it's pleasing me or not is irrelevant. I explained the context of what I was discussing above.
The Math of Split Testing Part 1: Statistical Sampling Uncertainty
And, will it get a never time out and eat my long form essay i painstakingly wrote on the bus... section?
The case for banning laptops in the classroom.
The leaked figures late last year suggested Uber was collecting around $1b in revenue through their app. It's been suggested they take around 20% of that for themselves and are doubling their revenues every six months. That suggests their revenues will probably be better than WhatsApp's (though at a higher cost) this year, and they have orders of magnitude more theoretical potential for growth.

Admittedly, that growth could be curtailed between fighting one of the most protracted and costly series of legal cases in history against an entire industry, but based on reported figures the growth arithmetic would be strongly in their favour if they win in enough jurisdictions.

And if they don't get crushed by competitors willing to operate on thinner margins because "ride-sharing" needn't veer towards monopoly, of course...
>Given they are getting banned in entire markets

isn't it the best confirmation of how big deal they are? Their value isn't in the "logistics math" or other hi-tech mumbo-jumbo. Their value is in the successful building of the momentum, a huge storm wave which can break through existing regulations which hasn't changed in a hundred years. An ability to change political things to be in your favor is one of the most important and lucrative business tools, pretty much an equivalent of Gold Finger. Uber hasn't won this game yet, but he is pretty promising contender...
Can you point to any safety-related mechanisms that have ever entirely eradicated the unsafe behavior they were meant to protect against?

For those mechanisms that are not 100% effective, does that mean they should all be removed completely, since they are not 100% effective?
> Why would one want to ignore beneficial knowledge received in the form of tradition?

You want to be skeptical of tradition as a source of factual information because, while there exists beneficial knowledge that may be received in the form of tradition, it is impossible to reliably separate it from harmful false "knowledge" received in the form of tradition, without first turning it into knowledge derived from structured scientific information gathering.
there's 20 guys fresh off the boat that will take the job for zero equity and probably have more experience...
I think tptacek's point is that for most companies, the hardest part of getting to an acquisition is building an organization that someone wants to buy. It does you no good to have all your ducks in a row for an acquisition if you have no customers, no revenues, and no employees, and this is the median outcome for startups. So rather than focusing on DD, focus on getting customers, and then if you need to, fix things later. Having a potential acquisition derailed in DD is a nice problem to have; it's better than not having anyone want to talk to you in the first place.
> Application configuration can be static (just hardcode localhost:3306 for your DB, for example).

I wonder how this scales when you have multiple databases, or have read-only slaves, or something like that.

Then developers have to remember to send some traffic to localhost:3306 and some traffic to localhost:3307, and who knows how many more ports.

Documentation never manages to stay up-to-date, so perhaps you could use some sort of Service Discovery Protocol to map these semi-arbitrary numbers to more memorable names.

Then, as long as you know what port the service-discovery-service runs on, you could simply query it for the address to reach your databases.

Maybe that's too much work, though. We could just stuff everything in /etc/hosts.
US researcher banned for mining Bitcoin using university supercomputers
These are pretty disingenuous, uncited, and generalized examples. For example, fat has always been fine, excess calories are not. That leads to fatty build-up that does cause serious health issues. The problem is that casuals see 'fat' and equate it with body fat, instead of being focused on what science has been saying saying all along: eat that calories you need and not past that as you'll gain weight. Marketers have used this confuse to sell products, "low fat" craze, but that has never been the staple of nutritional understanding.

Lets also remember even the ones that the "ancients" got right, they got millions wrong, most of which were seriously dangerous. The modern person's appeal to the past is insane to me. I think if you could travel back in time to live in one of those cultures you value so much, you'd see nothing but sickness, death, and other horrible things that would be trivially treated in post-enlightenment societies.

Unfortunately, bullshit like 'ancient wisdom' has become popular of late thus parents not vaccinating their children, a return to extreme/fundamentalist religiosity, and dangerous cargo cult-like beliefs like treating cancer with green tea.
Major League Baseball is quietly revolutionizing streaming video
Forking for fun and profit in Ruby with the valid_data gem
> now contains bacteria, fungi, or other organisms

Whichever types it contains now, surely it started out with :)
Marin Software might be an incredible company that's currently undervalued and therefore an arguably attractive investment. Anybody who believes that can go out and purchase Marin Software stock and profit if its value increases.

If the Perfect Audience deal was all cash, and each employee netted $750,000, how many employees do you think would go out and purchase $750,000 in Marin Software stock?

When employees fail to cash out as soon as they're able, they are effectively investing their money in their new employer. The challenge for rank-and-file employees who hold stock in a company with a languishing stock price is that they often start to think about hypothetical gains. "My stock is worth $600,000 today, but once the market realizes how great the company is, the stock price could double and I'll be a millionaire."

This thinking is especially appealing when you haven't netted millions from an acquisition because six or low seven figures really isn't as life-changing as many believe it will be. Heck, in the most desirable parts of the Bay Area, $750,000 won't even buy you a "starter home."
10 Year Old Hacks Facebook for $500 Bug Bounty
They might be turning around that NJ loss: http://www.engadget.com/2014/06/06/tesla-resume-sales-new-je..., which puts them at 4 for 4. They're in it for the long game, and I don't see them losing it.
Don't take this the wrong way but I think I understand why :).

Don't get me wrong I am sure you spend a lot of work on your startup but the question I would ask myself is. Did you do a good job with how you market it. In other words did you actually create a product for me to buy?

Your claim:

"Easy predictive modeling in minutes
Answer the questions that matter most to your business:"

is kind of vague and your examples

"What will
sell best?"

"How much
will it pay?"

Etc. simply sounds too good to be true.

Furthermore your visual style works against your claim. Using old b&w pictures confuses however visits the site.

You then follow up with an excel like sheet which means nothing.

So in other words people have no idea what you are actually doing. I don't get a sense of what this product is. Only vague generic claims.

So I would probably spend some more time on making the site more about how your product is solving predictive analysis (whats your claim to fame compared to others using those terms) and re-design the visual side of things (I rarely say this but in your situation it really do need to look quite different)
Cover founder on developing restaurant tech: focus on the dining experience
That was the second in the comment you replied to. I reread it though and noticed that it looks like they admitted their mistake: https://dribbble.com/shots/1046492-Dash-app-replacement-icon...

I guess I'm OK with the situation now and I shall use Dash without guilt (if it turns out to be useful, buying the Alfred Powerpack now I think).
Codr, an app to help teach kids to code
Yes, Uber is cheaper - until it isn't, when it implements surge pricing. It's a very different model, which makes direct comparisons tricky.

The price of a London cab is regulated. Maybe that price is wrong. Uber can take advantage of it, but do you think the London taxi industry is really going to sit back and watch its market disappear without even trying to change price?

And the cab driver protests are more rooted in the fact that they had to spend a very long time learning 'The Knowledge' before being let out on the road, and that Uber has no such requirement. So, either it's necessary and they're letting Uber off the hook, or it isn't necessary and TfL has been lying to drivers.

So, I think it's more complex than just being "threatened by Uber".
Automating Web Performance Measurement
Did you just imply Fungi are plants?
A dupe of https://news.ycombinator.com/item?id=7857632.
Before the atomic bombs were dropped, thousands of conventional bombs were dropped on Tokyo. For example in one night 1700 bombs were dropped on Tokyo killing 100,000 in what some call the "the single deadliest air raid of World War II"

http://en.wikipedia.org/wiki/Bombing_of_Tokyo
Microsoft deal values Facebook at $15B (2007)
Thanks for sharing! Interesting and potentially useful for a fair number of people.
Also of note, and linked in the article, is the subject of Myxomatosis, a virus created to curb the population of rabbits in Australia.

https://en.wikipedia.org/wiki/Myxomatosis
You are being very optimistic. For example, as the article says:

> Kalanick added that Uber would continue to experiment “aggressively” with lowering prices, in an attempt to boost demand and increase the number of trips drivers can make each hour.

Valuing the company at 80 times the 2013 revenues (http://techcrunch.com/2013/12/04/leaked-uber-numbers-which-w...) is a little bit mad.

> I also agree the bubble hysteria is nonsense, whose money is at risk here? the .01% so don't sweat it.

Markets exist to allocate capital efficiently. Even if the capital belongs to people you don't like, you can still argue that misallocating it is bad.