Recent submissions

Comment · 2 years ago
It’s a Howard Zinn quote. Or a System of a Down lyric, depending on where you’re starting from.
Comment · 3 years ago
> doesn't give two craps whether they're grabbing carts from the parking lot or stocking shelves

Having worked exactly this job at the local mall in high school, I can assure you that grabbing carts was preferred to stocking shelves.

Comment · 3 years ago
Many of the subjects of Streetsblog's "criminal mischief" (defaced or obscured plates) are vehicles displaying NYPD parking permits. This problem won't get solved until someone besides the police is tasked with fixing it, at least in NYC.
Comment · 4 years ago
OP expressed a concern about prison capacity, and I think the intent in referencing the 90s crime rate was to point out that Rikers has seen much higher crime rates that what we're currently seeing.
Comment · 5 years ago
How would you build this?
Comment · 10 years ago
https://www.knewton.com | Union Square, New York City | Full-time | Onsite

We're hiring multiple engineering positions across product, infrastructure, data, and platform. Apply on our careers page and mention you saw Jon's post on HN https://www.knewton.com/about/careers/

Knewton is on a mission to personalize education for students around the world. Education companies worldwide use the Knewton infrastructure platform to power course materials that dynamically adapt to each student’s unique needs.

At Knewton, we use small, cross-functional teams to solve difficult challenges with real-world implications. Teams comprise a range of technical, mathematical, educational, and design specialists unified by a passion for improving education.

Knewton serves over 10 million student worldwide and has offices in New York City, London, Tokyo, and Sao Paulo.

Comment · 10 years ago
No, that's incorrect (speaking as a founder who's raised $35mm and sold shares on the private market). Private financings will trigger a new 409a valuation but won't influence it. 409A valuations are typically based on Black Scholes and have no connection to private funding valuations. Secondary sales only affect fair market if there's a functioning secondary market, and AFAIK there are no private startups with a FUNCTIONING secondary market.
Comment · 10 years ago
This article is wrong. Option strike prices and taxation are based on the 409A "fair market" valuation, not private valuations achieved during fundraising. Move the decimal one place to the left and the numbers in the article get a bit more realistic.

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