sthomps

Joined 16 years ago

Karma
631
Submissions
206
Member since
Feb 7
founder of sokanu and prelude
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Recent submissions

Comment · 1 year ago
Comment · 4 years ago
Prelude | Backend + Frontend Engineer | Remote | Full-time

Prelude is a technology company that hardens cybersecurity defenses. Organizations of all sizes can use our tools to run continuous security tests against their systems to discover areas of weakness to fix. We do that in a way that's safe, transparent, and integrated with existing defensive tools to allow organizations to get ahead of real incidents before they happen.

Our mission is to increase the reach, frequency and usage of advanced security for all organizations.

I'm the founder of the company - happy to connect with anyone, please email at [email protected]

Comment · 11 years ago
Need to take into account dilution in subsequent fundings. So much less than 7%. #s are still out of this world though
Comment · 13 years ago
I'm sure Scott is incredibly intelligent, and I have the utmost respect for A16Z, but this is a moronic, self-serving, bubble-mentality post.

Firstly, you seriously think that the middle class is being eradicated due to the fact that they can't invest in private market companies early enough? You believe that most of the middle class has their investable cash at the ready, but is being limited by IPO listings?

No one will argue that IPO times need to come down and we don't need overvalued companies bloating up the stock market. But you are making the presumption that the investable upside of private companies outweighs those that are available in the public market. I'll take 10 shares of BRK any day over some random Ponzi scheme tech startup, thx.

The average returns in the venture market underperform the S&P, which is not constrained to purchase. And the S&P is not exactly everyone's first choice. The issue is not access to private companies, it's access to 1) knowledge, 2) investable cash and then 3) comparable opportunities.

If the issue is that getting access, both on the private and public side, to liquidity sooner than we are currently seeing, I agree. But it has very little to do with the middle class. The title is just linkbait.

Comment · 14 years ago
finally - a "realistic" look at canada's tech sector. there is a lot of work to be done.

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