ryanmercer

Joined 9 years ago

Karma

2,651

Submissions

2,105

Member since

May 29

Just a guy, find me at https://www.ryanmercer.com/

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Recent submissions

Comment · 3 years ago

That's sad. I imagine Crunch will be next.

Comment · 3 years ago

I'm up at 5:25 anyway (even when not working), works for me! I've never had a job that worked from 9am-5pm anyway. Instead of I've worked 6am-2pm, 7am-3:30pm, 7:30amm-4:00pm, 7pm-4am, and then all the random retail hours.

Comment · 3 years ago

But how many startups receive any appreciable amount of VC money? How many are operating on the savings of the founder(s) and/or money from family and friends rounds? How many founders are going into personal debt to fund their startup?

And how many of them that do raise funds go crazy on a hiring spree once they get any remotely reasonable funding, while not having a functional product or a remotely sustainable user base?

According to Crunchbase only 1 in 3 startups even make it to Series A (between 2011 and 2018, the % was fairly consistent each year)

https://news.crunchbase.com/liquidity/seed-funding-series-a-....

Looking at "funding data from around 15,600 U.S.-based technology companies founded between 2003 and 2013" TechCrunch comes to the conclusion that only about 40% that close a Pre-Series A round make it to a Series A.

https://techcrunch.com/2017/05/17/heres-how-likely-your-star...

Comment · 3 years ago

I don't know if it has been shared in this thread but Mark Rober did a video earlier this year about drones actively doing medical deliveries in Africa https://www.youtube.com/watch?v=DOWDNBu9DkU

Comment · 3 years ago

That you don't want people with suicidal ideations flying planes.

There are plenty of medicines that warn against operating motor vehicles or heavy machinery, off the top of my head some blood pressure meds like Losartan and HCTZ because they can make you dizzy/prone to blacking out. I imagine there's similar logic here for pilots.

Comment · 3 years ago

But, won't most anything startups be out of business in 3 years?

Data from the BLS shows that:

"approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or more."

https://www.investopedia.com/financial-edge/1010/top-6-reaso....

Purely guessing that startups fail even faster. This Hubspot article states:

"All these reasons bring up one question: How many startups fail? The reality is that 90% of startups fail."

https://blog.hubspot.com/the-hustle/how-many-startups-fail#:....

Comment · 3 years ago

I'm guessing because a Google search of "Adderall side effects" immediately returned this:

"Rare but severe side effects of Adderall can include emotional instability, psychiatric disorders and cardiovascular events. Adderall misuse can lead to seizures and death."

Comment · 3 years ago

Doesn't surprise me, they didn't give me a cost of living increase for over a decade and new hires were making almost as much as I was when I quit after 15 and a half years (office job), along with about half the office quitting within a year.

Comment · 3 years ago

>You can get brand new Atari 2600 cartridges in boxes and everything.

Yup, new titles still being made. There's even Halo for the 2600.

Tons of titles currently being manufactured for a lot of vintage consoles/computers: https://atariage.com/store/

Comment · 3 years ago

I love it!

Comment · 3 years ago

Neat!

Comment · 3 years ago

>Wow! Reddit as a business does a disservice to mods by not compensating them for the effort they put in to keep these communities safe and functional.

No one is forcing us to mod. We mod because we value the communities we mod and like being active parts of them. I don't want Reddit to pay me, it isn't a job, it's a passion and a hobby.

Comment · 3 years ago

>The thing is that there's a lot of valuable information that I don't think we should just delete like that.

Agreed. In the past 2 days I've been overly annoyed as both days I've had multiple google queries dump me to seemingly useful threads that I can not see because of this foolish nonsense of shuttering communities in "protest".