rbedi
Joined 16 years ago
Karma
107
Submissions
29
Member since
Dec 9
Recent submissions
Comment · 14 years ago
Direct link to survey: https://docs.google.com/spreadsheet/viewform?pli=1&formk...
Comment · 14 years ago
A discussion on the preparedness of your usual client would be equally awesome.
Comment · 14 years ago
May sound trivial, but if product decisions are based on the value of the data they produce, the feature pipeline for a product could look a lot different.
Comment · 14 years ago
This is a great tool! Nice work. I posted a similar tool on HN a while ago, which can be helpful if you want to click into the spreadsheet to see the calculations.
Comment · 14 years ago
The language in a typical note (as quoted from here: http://techcrunch.com/2012/04/21/convertible-note-seed-finan...) is:
"..conversion price will be the lower of (i) the price per share determined by applying the discount to the Series A price per share; and (ii) the price per share determined by dividing the cap by the Series A pre-money valuation."
But this doesn't mean "if the valuation hits the cap, the discount does not apply" because even if the valuation is higher than the cap, the discount may still be more beneficial. So there is a gray area. If you change cell C19 to $3,500,000, for example, you'll see that the discount still applies, and not the cap.
Comment · 14 years ago
Glad to hear that it is helpful!
Comment · 14 years ago
The purpose is to have a dialogue about what we are building - admittedly it makes more sense with a voice over explanation.
Yes, "now" is a niche filled by doingtonight. It also highlights trends in the market that doingtonight builds on (blogs > twitter, kodak gallery > instagram, etc).
Similarly, "then" portrays the problems we are trying to solve (or markets we are trying to make more efficient) all within the context of "life at night".
Twitter: http://twitter.com/rajibedi