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jlizzle30

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Ask HN: How should aspiring founders plan financially?

15 points·by jlizzle30·vor 5 Jahren·6 comments

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jlizzle30
·vor 3 Jahren·discuss
The best signal to gauge Eng performance is their impact against business objectives. Money saved, UX improved, costs reduced, modules deleted, etc.

Collect weekly bite-sized updates to know how your team is doing.
jlizzle30
·vor 3 Jahren·discuss
I’ve wondered if a ‘follow’ feature would be useful on HN. It’d allow curating timelines of comments from interesting users.
jlizzle30
·vor 3 Jahren·discuss
I've been looking for a 'Grafana for personal metrics' (eg. weight, personal finance, etc.). Does anything like this exist? Ideally very simple, stripped-down metrics/observability w/ ability to input data in UI or via API.
jlizzle30
·vor 4 Jahren·discuss
No I just don’t have time to write an entire epistemological defense of “reproduction and parenting is a key milestone for humans”. It should be self evident. If you don’t think so, consider what happens if untrue (hint: no more humans).
jlizzle30
·vor 4 Jahren·discuss
There could be a great discussion about whether male parenting and reproduction comes from the bio/psycho/social drives.

For this context, I think trying to make these distinctions is a distraction. By way of common sense, reproducing & parenting has been a HUGE factor in the propagation of human life (this is so obvious it's kind of funny to write).
jlizzle30
·vor 4 Jahren·discuss
New(ish) parent here. Two things:

First, the bad news: lots of comments saying stuff like "Don't have kids to fill a perceived hole in your life". In general, the advice "Don't do ____ to fill a hole in your life" is good for frivolous things, but I don't think this applies to being a parent. Parenting is a biological and psychological life milestone. To me it's felt more like leveling up my maturity than buying or achieving something. An analogy is something like going from relying on my parents to moving out and being independent. I realize this step isn't for everyone, but am skeptical about 95% of ppl so confident they don't want to take a step their linage has done for thousands of years.

Second, the good news: my experiences (and accounts of friends as well) suggests that attachment to a child is less biological and more developed than you'd expect. When my daughter was born she felt like a stranger; I didn't know her. The more time I spend with her, the more she learns and depends on me, and the more I grow emotionally attached to her. This suggests you'd get 98% of the parenting experience through adoption vs being a biological parent. You'd miss out on stuff like "o wow her eyes look like mine", but at least in my experience, this has been less important than I would've thought. The big stuff like seeing them learn, their innocent joy, and you 'paying it forward' in the circle of life would be the same. (NOTE: these are my 2 cents as a biological parent. It'd be worth reading some adoptive parent accounts as well). Also, if adoption is not for you, I'd still recommend getting involved in helping kids in some way (education, financial, etc.); again, what are we here for if not to help the next generation?
jlizzle30
·vor 4 Jahren·discuss
Is this satire?
jlizzle30
·vor 4 Jahren·discuss
In the same way dropping foreign aid on a country to ‘solve’ hunger can make the problem worse, EA money could distort market forces if it became big enough. I suspect it’s very difficult to find investments that return more net good than standard businesses.
jlizzle30
·vor 4 Jahren·discuss
> 30 software developers

- iOS rider app

- android rider app

- iOS driver app

- android driver app

- ride/driver matching

- routing/supply

- security/compliance

- fraud detection/prevention

- backend rides services

- backend user services

^ 10 teams of at least 10 people off the top of my head. Amazing how underestimated engineering resourcing needs are.
jlizzle30
·vor 4 Jahren·discuss
> there's a natural "limit" on the happiness I can enjoy at any given moment

This is roughly my experience, although, you can choose between peaks & valleys vs emotional stability. Highs are generally followed by lows and vice versa. The classic rockstar chooses to swing wildly between drugs/sex/crowds/etc. and addiction/depression/death while the buddhist munk reaches nirvana by maintaining an even keel.

Keep in mind there are other life considerations besides 'happiness' of course:

  1. retrospective life satisfaction
  2. responsibility
  3. morality
  4. procreation
  5. etc.
I don't generally trust psych research, but Jonathan Haidt's book The Happiness Hypothesis is a good read on the subject. He highlights things that do/don't marginally increase baseline happiness.
jlizzle30
·vor 4 Jahren·discuss
> Here are the dragons: ... Buying a house or an apartment will disproportionately affect other areas of your life

I agree with the general caution about buying a property and the baggage it comes with. Unfortunately with kids there be dragons in renting as well: having to move when getting priced out.
jlizzle30
·vor 5 Jahren·discuss
Any rules of thumb for how much cash compensation a founder can expect to draw in the first ~5 years of a successful startup? The stock compensation numbers make is sound like these founders are rich but it isn't liquid and could go to zero.

Do founders need to be independently wealthy before starting a company?
jlizzle30
·vor 5 Jahren·discuss


  Most founders never draw a salary
Is this true? Do they live off savings for > 5 years?