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Province1108

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Province1108
·3 anni fa·discuss
Taro Finance | Full-time / Contractor | Founding Engineer(s) | Fully Remote (US working hours)

Taro Finance is a recent Techstars graduate (S23) that automates & digitizes the capital raising & lifecycle investor management process for private companies & funds while providing seamless access to liquid secondary markets.

We're a fully remote company and looking to grow out our initial team at all technical levels levels. We're in the process of coming out of stealth mode, but you can learn more at tarofi.io

Please send a resume or short blurb to [email protected] with Hacker News in the title.

Techstack: Typescript, React, AWS, Solidity / Rust / Ink
Province1108
·3 anni fa·discuss
We lost much of our nuclear engineering capability in the US, so in many ways contractors are "idiots" here and made many costly mistakes during construction. Many articles on this and how it lead to the Westinghouse bankruptcy. Sadly, there's only a handful of western-friendly firms in the world that can build a reactor, so hoping the expertise and lessons learned will be worthwhile for future projects.

Nuclear isn't necessarily the cheapest option for rates, but it's the best for base generation AND greenhouse gas emission.
Province1108
·3 anni fa·discuss
You can do a paid non-compete, which is basically X years garden leave w/ pay. Many finance / trading firms do this.
Province1108
·3 anni fa·discuss
Not really when the terms of private financing during the bull run were very generous for valuations and terms.

There are big downsides to being public, including all the regulatory requirements and pandering to institutional investors.

Now the bull market is over and private money is tighter, they don't really have a choice but to raise money publicly.
Province1108
·4 anni fa·discuss
Secured as debt against his Tesla shares as collateral, which with the slide, means he has to put up more Tesla shares, causing a very nasty snowball effect