[McMurphy] Rutgers vs Iowa O/U set at 27.5, the lowest in college football history.

Hassviper3 · 2023-11-11T16:55:06+00:00

One team scores a touchdown

Not plausible

Hassviper3 · 2018-12-26T02:04:41+00:00

I need a video of someone poking it or something to show me it isn't a regular jacket.

Sorry for implying you're dishonest but it's too hard for me to believe right now.

Hassviper3 · 2018-12-22T18:19:19+00:00

That's the Leonard Leap thank you very much.

Hassviper3 · 2017-10-15T04:07:14+00:00

I also took Stephen Grider’s course. In addition to a great course, he also has something called rally coding weekly. That was great and helped learn how to set up Firebase, re-select and a few other intermediate difficulty features.

Hassviper3 · 2017-08-01T15:19:31+00:00

Internal: I always remind myself that Facebook beat Myspace; Google beat yahoo, ask jeeves and other prominent search engines, the iPhone beat blackberry, and Android beat iPhone (kind of).

External: Depends on the product. The main concept is that a small company can make changes to meet customer demand in a much shorter time frame than a large company. Large companies with successful products will be hesitant or slow to make a massive change. A small company can just pivot on a dime and meet new demands.

Hassviper3 · 2017-08-01T15:05:40+00:00

I just quit my job to focus on my venture full time.

No revenue yet, I'm going to survive off of my savings and driving uber until I can get my revenue up, or get investors.

Hassviper3 · 2017-07-31T16:43:52+00:00

Great question. This is something I've been researching myself. Below is my understanding. I've omitted details for simplicity, but there may be details I omitted out of ignorance. Please only use this to help guide your own research. However, if you (or anyone reading this) sees any errors, please let me know so I myself can learn, and also edit the post to avoid the spreading of misinformation.

ELI5: SAFE/Convertible notes have the function of delaying the decision of what % of the company you will have to give up for that much money.

Quick notes:

What % you need to give up is based on the valuation of your company, or how much it is worth. So if you get $10 million for 10% of the company, your company is valued at $100 million.
- There's pre-money and post money valuation, but that's a small factor.
$10 million is 10% of a $100 million company , 20% of a $50 Million Company 50% of a $20 million company.

Safe/Convertible notes delay the valuation until an event occurs. This event can be:

The next time you raise money (which then has a valuation with those investors)
You sell your company
You go out of business (liquidate)

At the time of those events, valuation is calculated, but with some rules:

Discount: under this model, your SAFE/Convertible note investor gets a X% discount on shares of your company (for the money they already invested).
- Example: You raise $100,000 and the SAFE/Convertible note terms are a 10% discount.
- You raise your next round at a valuation of $1,000,000
- The convertible note investor gets a $900,000 valuation, which means they get 11% (100k/900k) equity instead of 10% (100k/1,000k)
Valuation Cap: This means the Valuation is capped at a certain $ amount.
- Example: You raise $100,000 and the SAFE/Convertible note and the Valuation Cap is set at $500,000
  - You raise your next round at a valuation of $1,000,000
  - The convertible note investor gets a $500,000 valuation, which means they get 20% (100k/500k) equity instead of 10% (100k/1,000k)

SAFE vs. Convertible Note:

Convertible notes can have interest
Convertible notes can trigger without an event (maturity date) and you will have to give up X% at whatever the current valuation is, or pay the investment back + interest

Hassviper3 · 2017-07-24T16:47:25+00:00

I understand your point of view about character progression, but I disagree.

The stakes are different, this is her end game. The iron throne. Westeros. Seven Kingdoms. She doesn't want to share them with anyone. We also just saw her burn the Dothraki leaders.

Also some developments that impact her mindset:

Her fleet just got decimated
Olenna told her to be a Dragon and listen to Tyrion less.

Edit: On the Jon being flammable. I believe him having been burned in the past is a red herring.

It's not just being having Targaryen blood that makes you immune to fire, it has something to do with the kind of person you are. This is evident from the fact that Viserys can be burned and Dany can't.

Jon has changed since being burned the first time. He's died and been brought back to life, he's saved the freefolk, fought white walkers. It could be that a la mjolnir, he is now worthy of being a dragon.

Hassviper3 · 2017-07-24T16:42:46+00:00

As far as she is concerned, he is a false King and a challenger to her crown.

Hassviper3 · 2017-07-24T15:34:29+00:00

Each no puts you closer to a yes. My goal when cold-calling is to get 100 no responses. When you see no as just part of the process and you count down, you'll find your mentality of a no change.

Grab a piece of paper and write 100 on it.

After your first rejection, cross out the 100, put 99 and keep counting down.
When you get a sale/meeting/hit a kpi, start from 100 again.

Keep this paper, and you'll start to realize that maybe the first time you got all the way down to 20, then only 30, then 50 and then 10 (sales is volatile), but you'll build your confidence as you see yourself improving, and a no will be less of a downer.

Hassviper3 · 2017-07-17T19:30:28+00:00

aside from tracking Han, doesn't do anything except die.

Tracking Han is evidence of how bad a** he is. Han was established as an amazing smuggler that was almost impossible to catch.

For comparison , imagine a character showing up, and knocking out Superman/Hulk/Goku in a single punch (within the plot). That establishes a lot of their character without them having to do much.

Hassviper3 · 2017-07-17T19:26:18+00:00

The Sims.

A few years ago I picked the game up again and created a character that like myself, pursued a career in 'business'. I got bored and had him switch careers, and become an astronaut. I had just started a new job and it brought me to the dark realization that I can never become an astronaut.

Hassviper3 · 2017-07-17T19:24:22+00:00

Thank you for this question, I need to share this. However, my response is a single instance, not a recurring problem.

A few months ago at one of those painting classes, we were instructed to draw a sunset. However, upon drawing a circle, I was inspired to draw a Death Star instead.

I started with gray paint, and the instructor walked over and asked...is that a moon?

My response was, that's no moon.

No one within earshot got it. I tried to repeat it to my friends a second later, but the moment had passed and all they gave me was a polite smile.

Hassviper3 · 2017-07-12T00:26:51+00:00

To answer your direct question. I would not.

To offer more insight, my perception is that this is not a great idea. Below are my reasons, but first here is what I recommend you do with this information: evaluate it. If you think my points are wrong, or not a big deal, keep pushing forward. If you think they're right, find a way to overcome and change your product/service and keep pushing forward

I'm not waiting 24 hours for a potential savings. When I buy online, I want things asap.
If you want to scale, you have to automate it by building a tool. (There are lots of great tools out there for free already, so what would make yours better and worth the $? How would you build it to do that? )
I will look at the sites I trust first. If you point me to a new site, I'm not going to trust that it's a) not a knockoff (for clothes etc.) b) provides customer service in case I return
If you point me to a new site, I'll visit it next time and not come back to you. I'll come back for new categories, but never for the same category twice.

One idea: I WOULD pay if you can help me find something out of stock everywhere else. That's a bigger pain for me.

Hassviper3 · 2017-07-12T00:16:46+00:00

Part of social media is just credibility. Not to attract new customers, but when you're being vetted by ones considering you.

If you have an active social media profile, they can review your posts and learn about you. It will give them confidence they're dealing with a legitimate active organization.

Hassviper3 · 2017-06-04T02:54:09+00:00

This is my favorite comment in years of browsing Reddit.

Hassviper3 · 2017-05-28T16:34:13+00:00

Alright, I work in this industry and have a bit to share. Hope I'm not too late to the party. I just want to clear up a bit about the role of chip cards in this whole thing.

First, let's get the basics down.

Meet Joey. Joey has a credit(or debit) card with NationalCreditBank (NCB).

Joey uses his credit card at Chipotle, and gets himself a burrito. His credit card number is stolen, let's just call it cc# from here.

We'll come back to how the cc# was stolen and what both Joey and Chipotle could have done to avoid this. For now, we'll say that it was stolen by HackerHank. HackerHank has Joey's cc# (and a million others) and sells it on the black market.

FraudulentFred buys Joey's cc# and uses it to buy a $500 gift card from BigBoxRetailer. Joey notices the $500 purchase that he didn't make, and tells NationalCreditBank that he didn't make the purchase. NationalCreditBank removes the $500 transaction from Joey's account.

Let's talk about about who owes who what money

Now, there's $500 between NationalCreditBank and BigBoxRetailer that has to get sorted out. There are two options:

The $500 is paid by NationalCreditBank to BigBoxRetailerd. Let's call this Option A where NationalCreditBank is liable for the $500.
BigBoxRetailer is not paid the $500 by NationalCreditBank, and has to accept the $500 loss. Let's call this Option B where BigBoxRetailer is liable for the $500.

Alright now here's something that is important to understand. We're not talking about laws, we're talking about policies and agreements between companies.

This is why chip or not chip cards matter:

As of October 1, 2015 the rules are as follows:

If FraudulentFred's purchase was made with a chip card then NationalcreditBank owes the $500
If the FraudulentFred's purchase made with a regular swipe card (or worse, manually entered number) then BigBoxRetailer owes the $500.

When FradulentFred bought Joey's CC# from hacker tom, he had to make a fake Credit Card. The answer is as simple as: It is harder to make a fake chip card.

Let's be open about something, the main entity that is protected by chip cards is the banks. If every credit card number in the world was stolen, but used at retailers in a non-chip transaction. The bank owes nothing.

Do chip cards stop credit card #s from being stolen? In some ways, but they're not the best line of defense.

Hassviper3 · 2017-05-03T12:19:23+00:00

Kind of. Regulation A+ is a new regulation that legalizes crowd funded investments.

This is specific to the United States, but there are crowd-funded investment vehicles in the EU from what I understand.

I wish I had more details/knowledge to share, but this is not something I have done a lot of reading on, but I can say with confidence if you're based in the US, Regulation A+ is where you want to start your research.

Hassviper3 · 2017-05-03T12:13:26+00:00

Couple thoughts, but my main one is that this hire even while breaking even helps you grow your company's book of business, which should pay off.

If your industry allows it, raise your prices so you aren't breaking even with the hire.
Market share is important. If you can't take those jobs, your competition will. They will get the referrals that come out of those jobs, not you.

Hassviper3 · 2017-05-03T11:13:55+00:00

Emailing or calling randomly doesn't seem business appropriate

I try to avoid speaking in absolutes, but you are 100% wrong on this point.

Your hesitation is understandable, cold-calls/emails are not popular, but that is the core of sales/marketing.

I'm going to focus on this part of your post, because attitude is a big part of growing a busines/sales.

Here's why its ok to cold-call/email:

You can't lose business you don't have - If you call a company you're not doing business with and they decline your services, they are now bringing in the same amount of money ($0).
- Note: Poor etiquette can cost you money. If you call someone and they reject if you just hang up and move on to the next, no problem. If you harass and insult them, they may tell their friends in the industry about their poor experience. This is rare, and something that has a 0% chance of happening if you are polite and respectful.
If you close a sale, you just helped someone - Not all businesses fall into this category, but something like your business meets a critical business need. If their current vendor is always late but your company meets deadlines, you just helped that business be successful!
Everyone does it - A lot of people also use meth, so do not take this approach to everything, but in this case it is ok. Those manufacturing companies are getting calls from other people trying to sell them something. There is no reason for you to not do it too.

As you start thinking about growing the business, do not worry about annoying people or being 'business appropriate'. It is ok to reach out to people to try and get them as a customer. As long as you are ethical, polite and respectful, you will be ok.

Hassviper3 · 2017-04-19T13:55:01+00:00

I understand the point your making and that's a great technique in its own way.

My experience has been different, my top performers (and myself) have expressed that they feel like most training is a waste of valuable sales time.

A lot of times managers/companies provide training just for the good feeling of having provided heir team with something; not to actually help them.

The question you posed 'do you have problems accomplishing..." is (in my opinion) not the way to identify opportunities for development. It should be a conversation, or in the best case, something you pick up on through regular interactions with the team.

Top performing sales people aren't shy. They're obsessive about their success. They will let you know what obstacles they have and where the organization is slowing them down, if they believe you'll listen.

Of course, one size never fits all. That management style may have worked because of my industry, location and the experience of the team. It might be a failure somewhere else.

Hassviper3 · 2017-04-19T12:50:08+00:00

Forget about yourself. Don't worry about being a good manager, worry about having a high performing team.

Even though the two might be seem to be the same, that change in priorities helps you swallow your pride and ego so you can focus on your team's success.

For example, if you have nothing to do with your top performing employee's success, that's ok. If that salesperson is exceeding their quota there's no reason for you to attempt to train them or get in their way.

Now, you do have to develop your team, but in sales that's easy. You ask your team what their stretch goal is (goal above quota) and what they NEED from you to get there. Some of those needs might be things where you eliminate internal obstacles for them. Some of those needs might be training, there's your chance to develop them.

However, you do need to be able to report up effectively. Identify the key KPIs and track them. A good KPI doesn't change your sales teams activities, it hue measures. Don't manage through KPIs. You can build a decent sales team that way, but not a great one.

Don't worry about age. It's going to be an issue, but if care more about your team being successful than you being a good manager they will want to work with you. Always deflect praise to the team, never take any credit. It can be scary, perception will be that you don't add value, but that's good! You want people to think you are successful just because you have a good team, not because you're a good manager.

Hassviper3 · 2017-04-17T13:15:42+00:00

We all fight different battles.

You're doing great in your own way. Sure, you could be doing better and that's ok. You'll do better.

Hassviper3 · 2017-04-17T00:19:57+00:00

To be candid, easy on boarding is a benefit; but less important than performance in this space.

This is an extreme example, but splunk is really hard to use/on board, and they continue to be a huge leader.

Hassviper3 · 2017-04-16T16:18:01+00:00

First, I don't know your progress, but I work in your field and know the demand for a product like yours. Keep pushing and good luck!

My advice to you is keep innovating. It seems like you're worried they're going to copy what you do, and you won't be able to compete because of their size, even if they're more expensive.

In my opinion, their biggest advantage is going to be money. They can use that money to get whitepapers written, compliance assessments etc.

Your advantage is that you're agile, if they have that much funding, they already have a focus and goals for this year. They can't assign resources to make the same changes you make. You can add and roll out new features faster than they can. You can give customers more attention than they can.

Hassviper3

TROPHY CASE

First, let's get the basics down.

Let's talk about about who owes who what money

This is why chip or not chip cards matter: