startupfounder

Joined 15 years ago

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1,247
Submissions
344
Member since
Aug 5
hello
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Recent submissions

Comment · 6 years ago
Hi HN: I've been around HN since 2011 and this is my first dive into gRPC. This tool is still in beta, but I'm happy to share it with everyone, it's been an amazing learning process. I'm happy to answer any questions or take any suggestions. Also, follow our progress on github!
Comment · 8 years ago
"...governments can be counted out of taking the leadership needed to solve this within 12 years."

This is the issue.[0]

Governments are the middlemen between citizens that we the people decide to put in power through voting to represent us and our issues like climate change.

But democracy has been hijacked by putting additional middlemen between we the people. The second middleman is the capital election, specifically ~132 Americans who donated 60% of the SuperPAC money.

So our representatives spend a significant portion of their time in office calling these people to get funding for the next election cycle and when they vote on issues they think of these donors. Follow the money.

Yes we can fix data centers or cargo ships or deploy nuclear power or utility regulation, but at some point regulation for these as well will be dependent on the people we vote to put into power to represent us.

At the end of the day, corporations have a fiduciary duty to their shareholders to maximize profits and shareholder value. If leaders lead, companies will follow.

I have an idea!

Why don't we, the very large community of Hacker News with 3-3.5M+ monthly uniques[1] petition one of the most innovative and powerful institutions to fund more projects that will fix broken governments around the world? "Government" is only mentioned one time in the YC RFP[2], maybe it should have it's own category.

Send them an email: [email protected] or http://www.ycombinator.com/contact/ or contact your friends who are in the YC network.

[0] https://www.youtube.com/watch?v=mw2z9lV3W1g [1] https://news.ycombinator.com/item?id=9219581 [2] http://www.ycombinator.com/rfs/

Comment · 8 years ago
Comment · 8 years ago
Comment · 8 years ago
The way to overcome this is to write milestones into the smart contract that unlock additional funding after the milestone is hit in a given time period.

The issue with today's ICO is that the market demand is so high it would be silly for groups to leave money on the table. Just like bands leave money on the table because the value of their tickets > the price they sell them at.

Many people on the buy side who get in early to ICOs are essentially scalpers whereas the people who run the project usually have no business raising the funds they do in their first round.

Milestone funding would solve both of these issues.

Comment · 8 years ago
Comment · 8 years ago
This is all about price to value.

Price < Value

This is very interesting and shows that there is an amazing amount of cheap cash available that is just piling up. Spending that cash on buybacks increases the value of the outstanding stock that existing shareholders have and then supply goes down, price goes up and the stock price goes up.

Dumb investors.

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