pwhelan

Joined 17 years ago

Karma
287
Submissions
142
Member since
Jan 27
Thinking about ideas for startups... suggestions welcome
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Recent submissions

Comment · 8 years ago
It would seem that anyone who could consistently arbitrage a currency OR synthetically front run transactions would be able to capture a great deal of value extremely quickly. Further, they should have an easily identifiable and intelligible record of success. Have a pitch deck ready if you don't already.

Either one should either generate the capital you need, get your system bought by a big player, or get you hired with a big salary by a big player.

Let us know how it turns out!

Comment · 14 years ago
In my experience, it just means that your habits have become that which you don't want them to be.

Look into creating a morning routine that gets you to working on something so when you wake up you get out of bed and start something, anything. Start making breakfast (this can be easier if you have the coffee pot on a timer so it is ready upon waking), pound some water & a banana before going for a run, do hygiene and get dressed -- any of these make a good starting point. Finally, getting out of the house/apt to a workspace can really help the focus as well -- I dream about working on my startup all day at work but when I get home I frequently fall into the traps you've discussed unless I go to a place specifically to work.

As a redditor you might want to look at /r/getMotivated.

Finally, the biggest thing for me has been realizing that "just start" is really, really helpful. If I can just make myself start on something for 5min then I can easily work on it for 5 hours but that initial resistance is by far the worst of my barriers.

Good luck.

Comment · 14 years ago
By nature a false positive interaction could be re-tested more easily than a false negative though, correct? Also, that fits in with medical "first, do no harm" framework more readily.
Comment · 14 years ago
Sorry for the delay, things got away from me for a while.

How little Spanish could one speak and realistically get by? Yo sé un poquito, solamente un poquito. The website says they work in English but the general Chileans?

If the idea is a web & mobile service that focuses (almost) exclusively on the US & UK, would that be feasible?

Can you talk about what type of talks and events are required for founders to give / attend and how demanding on your time this is?

At the end of that time period, what happens to your work visa and whatnot? Can you stay to work there, are you expected to work there, etc...

Sorry for the delay again & thanks.

Comment · 14 years ago
A false positive costs much lower than a false negative in this instance so it should follow that FP should be more common. However, without the data it is still speculation.
Comment · 14 years ago
Could you please elaborate on your experience with them as a solo founder?

Also, how would the US market being the almost sole target impact things?

Comment · 15 years ago
I'm forwarding your link to some friends who work consistently rotating shifts and need to be accessible. It seems like doctors, nurses, and sysadmins would be potential users. I'll ping you if they have any feedback.
Comment · 16 years ago
I have no experience in this so be skeptical of this. It might be a good idea to bring on an adviser for this sale? Perhaps talk with a VC just to help on the sale for some flat fee -- say 5k$ + 3% of the sale - transactions fees? Use your own numbers of course.

If they are offering serious money (being BigPharma I imagine it isn't peanuts) you will want this handled professionally. Peace of mind that you are getting a good deal and while they company maintains interest.

Kudos on the success!

Comment · 16 years ago
There is a central limit theorem joke in here somewhere, I just know it.
Comment · 16 years ago
What about doing a "partial sort" where the point sum of a discussion thread starts to go lower that it is pushed lower than any zero/positive sum thread? This way discussion threads that are low quality tend to be pushed away, but the rest are treated equally -- after some testing to make sure the modification isn't too sensitive.

Disclosure: low karma poster

Comment · 16 years ago
I am aware of that. I felt it warranted repeating for this conversation given what you had written up to my response.
Comment · 16 years ago
They do. They are also paid extrememly well for that area.
Comment · 16 years ago
Not everything is binary. Other people have different motivations than you. Not everyone does an Ironman for bragging rights. Not everyone starts a company for bragging rights.
Comment · 16 years ago
The implication, however, is that they were doing something shady that the rest of the credit rating agencies were not -- which is incorrect.

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