aripickar

Tech Companies are valued at a multiple of next 12 months revenue, not last 12 months revenue. Since anthropic grew from $1billion to $5billion in revenue in ~8 months, that means it ~10x'ed revenue y/y off of 1 billion base. If you assume even 60% of that growth is retained (low for traditional saas businesses, but who knows), then anthropic is ~10% of google in terms of revenue in mid ~2027.

Basically, 5x-ing revenue in 8 months off of a billion dollars starting revenue is insane. Growing this quickly at this scale breaks every traditional valuation metric.

(And no - this doesn't include margins or COGS).

I don’t think they were the same difficulty at all as some of the upper divs. Classes like CS 170 (Efficient Algorithms), Cs 189 (ML) and CS 182 (Deep Neural Networks) were all significantly more difficult than any 61 series class.

IMO one of the way that most schools are going to end up being able to detect plagiarism is going to be a custom word processor (or something similar) that can track all of the edits made into a document. Basically, have the students type an essay where all of the keystrokes are recorded by the program, and so it can be detected by the program whether someone is copy and pasting whole essays, or if someone is actually typing and revising the essay until it is submitted. Essays that are just turned in in general are probably going to be a thing of the past.

  Location: San Francisco 
  Remote: Not full time (at least hybrid, no full time remote)
  Willing to relocate: No
  Technologies:  Java, Python, Bash, SQL, AWS, Postgres
  Website: https://aripickar.github.io
  Résumé/CV: https://aripickar.github.io/Ari_Resume_Winter_2022.pdf
  Email:[email protected]

Hi HN! I am a fullstack/backend engineer with 3 years of experience looking for opportunities to work in person in San Francisco (preferred) or the greater bay area. I have previously worked in both the python (django) and java (spring) ecosystem at AWS and Noom. Currently looking for full time opportunities. I'm open for anything from first engineer to larger companies.

  Location: San Francisco 
  Remote: Not full time (at least hybrid, no full time remote)
  Willing to relocate: No
  Technologies:  Java, Python, Bash, SQL, AWS, Postgres
  Website: https://aripickar.github.io
  Résumé/CV: https://aripickar.github.io/Ari_Resume_Winter_2022.pdf
  Email:[email protected]

Hi HN! I am a fullstack/backend engineer with 3 years of experience looking for opportunities to work in person in San Francisco (preferred) or the greater bay area. I have previously worked in both the python (django) and java (spring) ecosystem at AWS and Noom. Currently looking for full time opportunities.

Yeah, probably the best way to prevent this from happening would be to have the FDIC guarantee up to 40 million for businesses, or something on that level. Going from having >95% of your cash uninsured to even like 30% uninsured (for a huge company) would be a massive change.

It's less that it's illegal/impossible and more that it's not in the interests of the company in the long run. Say you do that, then what? If you screw over the seed investors, they are probably are going to tell the series A (and B, C, etc) investors that you screwed them over, and its going to be a lot harder to impossible to raise the next rounds. Plus who would want to invest in a company when the founder already screwed over the last investors. The only way that it could work is if you are able to grow the company indefinitely without raising more money (See Toptal).

Basically, you are exchanging all the goodwill and ability to raise in the future for a small percentage of equity. Not a great trade, if you ask me.

Not quite. The way that it works is that the 375k is invested now, but at terms that are determined in the next equity round. If the next round values the company at 10 million, then the 375k would be 3.75% of the company.

Is there a timeline for when you will be rolling out the availability to ride in one of your vehicles to the general public?

This is something that would have been really useful when I was trying to get a POC out for a startup I was working on, especially at 1/3 of the cost that we ended up paying for an agency with a lot longer turnaround time. Kudos on launching a product that looks really useful!

ps: For some reason the expansions of the FAQ tabs expands really slowly, might want to fix that.

Early stage startup valuations are more or less worth the paper that they're printed on. Probably more cost effective to hard-code the valuation to the same number than to try and determine the value for each startup applying.