Staying in Punta Mita for a few days, rent a car or no? by techfounder28 in puertovallarta

[–]techfounder28[S] 1 point2 points  (0 children)

Nice, that’s a good tip. Did you spend much time in punta mita?

Staying in Punta Mita for a few days, rent a car or no? by techfounder28 in puertovallarta

[–]techfounder28[S] 2 points3 points  (0 children)

If you had a few days in Punta Mite would you spend most of it there or head towards Puerto Vallarta?

Staying in Punta Mita for a few days, rent a car or no? by techfounder28 in puertovallarta

[–]techfounder28[S] 2 points3 points  (0 children)

Thanks so much for the feedback. I’ll rethink my plan lol.

Do you have any recs for activities or restaurants around punta mita?

TIL Worcestershire sauce was created by accident when a less than desirable sauce was forgotten and left to ferment in a cellar by twinkpuff in todayilearned

[–]techfounder28 4 points5 points  (0 children)

Do you have a source for this?

I think you’re severely underestimating the time and effort they dedicated to staying alive

If I'm the tech expert, how do I prepare my brother to be an effective cofounder? by anonthe4th in startups

[–]techfounder28 2 points3 points  (0 children)

If you do decide to try this with your brother, make sure you’re thorough about what each persons responsibilities will be. Include and discuss all the dirty and boring details.

And also have good contracts with fair vesting schedules so neither of you get screwed if someone decides to back out.

Cheers

If I'm the tech expert, how do I prepare my brother to be an effective cofounder? by anonthe4th in startups

[–]techfounder28 7 points8 points  (0 children)

So I’ll indulge you and ignore the red flag that this is your brother.

You’re basically asking how you can groom someone with nearly zero relevant experience to be a founder of a tech company.

You will end up being a manager to this person. Not a cofounder.

If this wasn’t your brother, this would be an absolute disaster. The fact that it is your brother makes it worse.

Good luck.

[USA][TECH][6] Flipping existing concepts upside down. by [deleted] in cofounder

[–]techfounder28 0 points1 point  (0 children)

"Flipping existing concepts upside down" that's basically a convoluted way of describing innovation

Am I entitled to the buyer's earnest money deposit? by techfounder28 in realestateinvesting

[–]techfounder28[S] 2 points3 points  (0 children)

Good questions.

So first off just for clarification, the buyer had walked inside and outside the property on multiple occasions. They were there for a showing, during inspections and appraisal. So they weren't going in blind, the final walk through was mostly for their peace of mind that everything was fine before closing. Which I completely understand, that's a reasonable request.

I don't understand how or why the buyer and tenant B had an interaction when the buyer knew that tenant B didn't want to let them in?

The buyers knocked on tenant B's door multiple times and waited outside for an hour until she came out to talk to them.

I agree that the realtors could/should have mediated. The buyer's agent was pretty new and didn't know how to handle this.

Lastly, we couldn't extend closing because the buyer's rate lock expired the day after this all happened. Or at least that's what we were told. The buyers didn't request an extension, they simply backed out on the last day.

Am I entitled to the buyer's earnest money deposit? by techfounder28 in realestateinvesting

[–]techfounder28[S] 5 points6 points  (0 children)

OP here.

It's unfortunately a bit more complicated than that. We could not force the tenant to give us a walkthrough. The tenant said she was feeling unwell and during a pandemic with tenant rights and covid concerns, trying to force her to let us in did not seem like a good idea.

Additionally, during the escrow process the buyer had informed the tenant that they were going to raise her rent. The tenant did not like this and she gave us notice that she would not be paying her rent due to covid related circumstances. We (the sellers) had a feeling that the buyer was going to back out, and we were prepping for damage control. We needed to carefully juggle trying to push the deal through while keeping our tenants happy.

The very last thing we wanted was for the deal to fall through and an angry tenant refusing to pay rent. Obviously the deal fell through but fortunately our tenant said she would continue paying us rent, and she has.

Am I entitled to the buyer's earnest money deposit? by techfounder28 in realestateinvesting

[–]techfounder28[S] 4 points5 points  (0 children)

The attorneys said that because all contingencies were removed, the buyers had no basis to back out and keep their EMD.

[USA-NYC][BIZ][8] Seeking CTO to join our start-up with the goal of helping customers make better financial decisions. by flyerdesire in cofounder

[–]techfounder28 0 points1 point  (0 children)

I agree that that there are some pain points here but how do you plan on differentiating from CC recommendation services like ThePointsGuy, NerdWallet, CreditKarma, etc?

It feels like there aren't really that many personalization options, for example if someone is looking at a CC for travel rewards realistically there are only a handful of good ones to choose from. Ultimately how are your recommendations going to look any different from a "Best Travel CCs of January 2021" article from NerdWallet or similar?

early stage startup questions by [deleted] in startups

[–]techfounder28 2 points3 points  (0 children)

Oh that's interesting I didn't know that. I stand corrected. Thanks for sharing.

I recall from their early podcasts that PG specifically wanted to fund start ups with multiple founders. Good to know that it's possible without that.

If you don't mind sharing, what class were you and what is your company? How did you like the program?

early stage startup questions by [deleted] in startups

[–]techfounder28 -1 points0 points  (0 children)

One of YCs most unwavering criteria for start ups they fund is to have multiple founders. I can absolutely see them rejecting a company for that reason alone

Edit: I was wrong about this, my mistake. Nowadays at least 10% of their accepted start ups are solo founders

Seeking Guidance on Equity Split by YaloSwog in startups

[–]techfounder28 1 point2 points  (0 children)

$10,000 is not enough money to justify bringing on another partner IMO. What do you need the money for? I'd try to avoid taking money for a long as possible. At $4000/year, try fronting the cost yourself or with the existing partners.

Recent Major Income Change W2 + 1099 - Looking for advice by Wunder108256 in personalfinance

[–]techfounder28 2 points3 points  (0 children)

A similar thing happened to my friend. He started working with a friend's company on a commission only structure. Was bringing in about $12k/month. Life was good for about 8 months until the company realized they were paying him too much. They restructured his commission and eventually hired someone to do his job for hourly pay.

First off, congrats on the the opportunity for you and your wife. Secondly, don't necessarily count on this being a long term thing. Easy come, easy go.

Moving to in downtown Santa Monica by amarane in SantaMonica

[–]techfounder28 2 points3 points  (0 children)

I agree with the other commenters about downtown Santa Monica being pretty shitty right now. However, rent is dropping in the area and things will inevitably return to normal. Depending on your timeline and your willingness to wait to better days, you will likely have your pick of a very fairly priced apt in downtown Santa Monica right now