Whoa! Definitely give the commenting engine a try. It is insanely fast. I'm curious how it would work on my old SaaS app that had a ton of data and displayed attached PDFs (that were often scanned images of text, not the actual text) that are huge. Nice work.
Maybe. But user is like a consumer. So HN is multiuser, but seems weird to call HN multi-player. Live concurrent interactions feels like something more than multiuser. Just my 2-cents, but multiplayer as in multiple users acting and interacting is a good use of the term multiplayer.
Let me guess: you are not regularly playing multiplayer computer games?
I totally feel hgs3's confusion when reading the discussion here or that website. I always confuse the use cases - "are they now talking about computer games, or are they talking about the broader scope of any kind of software in which multiple users can act concurrently within a shared environment?".
I think this confusion would be much less severe if I hadn't been an avid gamer for decades and thus had a very specific idea of the meaning of the term "multiplayer".
Anytime I read about why someone likes some new low-cost locale better than SF, NY, or pick-your-US-city, I just can’t help but read it as “I like being rich.”
Or maybe they just don't like being poor and miserable. Most US cities are crazy expensive, have no real public transportation, extreme wealth divides, rampant homelessness, no economic mobility, limited green space, cultures that are materialistic, shallow, and antisocial, a dominant car culture... they just lack so much of the vibrance of many foreign cities.
I think there are a few exceptions to this, like Chicago, Atlanta, New Orleans... and maybe not coincidentally, they are also some of the poorer cities.
General Motors. Several airlines. You’re describing bankruptcy protection. It means the debt holders will agree to pennies on the dollar or possibly even to forgive the debt but take over the equity wiping out the common shareholders. Companies can file for bankruptcy protection or debt holders can effectively force companies into bankruptcy if they default on their debt payments.
If you have the opportunity to get help from lpolovets, you should jump at the chance at any minimum. What does $10k or $25k get you in the Valley... not a lot. But if you keep expenses low and have support from great people like lpolovets, suddenly you have a lot more than when you stated.
No price cap or a high cap means the discount is your max return during the period between when you wire your money and the priced round. Compare that to what an Seed VC or A Round VC would look for between their round and the next.
As an angel in that scenario, you’re investing with the risk profile of a very, very early company but the return profile of a later investor.
True but there is still value investing in no cap deals: access. It gives smaller investors access to deals they normally would not have. Angels would not typically have the opportunity to join later.
It also bypasses the sometimes arcane and high friction step of trying to value an early stage company.
Founder here. Cool to see the story posted on HN. Happy to answer questions until I hop on my flight. (I'm a "WiFi off and focus on one thing" kind of flier).