jdmaturen

Who pays when startup employees keep their equity?

JD Maturen, 2016/07/05, San Francisco, CA

As has been much discussed, stock options as used today are not a practical or reliable way of compensating employees of fast growing startups. With an often high strike price, a large tax burden on execution due to AMT, and a 90 day execution window after leaving the company many share options are left unexecuted.

There have been a variety of proposed modifications to how equity is distributed to address these issues for individual employees. However, there hasn't been much discussion of how these modifications will change overall ownership dynamics of startups. In this post we'll dive into the situation as it stands today where there is very near 100% equity loss when employees leave companies pre-exit and then we'll look at what would happen if there were instead a 0% loss rate.

What we'll see is that employees gain nearly 3-fold, while both founders and investors – particularly early investors – get dilute

hernamesbarbara

Principles of Adult Behavior

1. Be patient. No matter what.
2. Don’t badmouth: Assign responsibility, not blame. Say nothing of another you wouldn’t say to him.
3. Never assume the motives of others are, to them, less noble than yours are to you.
4. Expand your sense of the possible.
5. Don’t trouble yourself with matters you truly cannot change.
6. Expect no more of anyone than you can deliver yourself.
7. Tolerate ambiguity.
8. Laugh at yourself frequently.

chris-jamieson

• Download Franz for your distribution from MeetFranz.com
• change into the same directory as the downloaded file, then sudo tar -xf Franz-linux-x64-0.9.10.tgz -C /opt/franz
• (optional) wget "https://cdn-images-1.medium.com/max/360/1*v86tTomtFZIdqzMNpvwIZw.png" -O franz-icon.png then sudo cp franz-icon.png /opt/franz
• (optional) sudo touch /usr/share/applications/franz.desktop then sudo vim /usr/share/applications/franz.desktop

paste the following lines into the file, then save the file:

[Desktop Entry]
Name=Franz
Comment=

kachayev

Channels Are Not Enough

... or Why Pipelining Is Not That Easy

Golang Concurrency Patterns for brave and smart.

By @kachayev

Intro

typehorror

Flask-SQLAlchemy Caching

The following gist is an extract of the article Flask-SQLAlchemy Caching. It allows automated simple cache query and invalidation of cache relations through event among other features.

Usage

retrieve one object

# pulling one User object

user = User.query.get(1)

tsiege

ANNOUNCEMENT

I have moved this over to the Tech Interview Cheat Sheet Repo and has been expanded and even has code challenges you can run and practice against!






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seboudry

Latency numbers every programmer should know

L1 cache reference ......................... 0.5 ns
Branch mispredict ............................ 5 ns                     on recent CPU
L2 cache reference ........................... 7 ns                     14x L1 cache
Mutex lock/unlock ........................... 25 ns
Main memory reference ...................... 100 ns                     20x L2 cache, 200x L1 cache
Compress 1K bytes with Zippy ............. 3,000 ns  =   3 µs
Send 2K bytes over 1 Gbps network ....... 20,000 ns  =  20 µs
SSD random read ........................ 150,000 ns  = 150 µs

Read 1 MB sequentially from memory ..... 250,000 ns = 250 µs 4X memory

Tho85

Build your own private, encrypted, open-source Dropbox-esque sync folder

Prerequisites:

• One or more clients running a UNIX-like OS. Examples are given for Ubuntu 12.04 LTS, although all software components are available for other platforms as well (e.g. OS X). YMMV
• A cheap Ubuntu 12.04 VPS with storage. I recommend Backupsy, they offer 250GB storage for $5/month. Ask Google for coupon codes.

Software components used:

• Unison for file synchronization
• EncFS for folder encryption

ragingwind

Backend Architectures

Twitter

ror, scala, jetty, erlang, thrift, mongrel, comet server, my-sql, memchached, varnish, kestrel(mq), starling, gizzard, cassandra, hadoop, vertica, munin, nagios, awstats

• Introduce Gizzard of Twitter - 트위터의 새로운 분산 관리 라이브러리 Gizzard를 소개합니다.
• The Architecture Twitter Uses to Deal with 150M Active Users, 300K QPS, a 22 MB/S Firehose, and Send Tweets in Under 5 Seconds
• Scaling Twitter: Making Twitter 10000 Percent Faster

adamwiggins

Make it real

Ideas are cheap. Make a prototype, sketch a CLI session, draw a wireframe. Discuss around concrete examples, not hand-waving abstractions. Don't say you did something, provide a URL that proves it.

Ship it

Nothing is real until it's being used by a real user. This doesn't mean you make a prototype in the morning and blog about it in the evening. It means you find one person you believe your product will help and try to get them to use it.

Do it with style