Top posts

Every blog post that took off on Hacker News, ranked by the votes of its best submission. 1,552 posts.

Startups
Any year
1209

Raising funding as a first-time founder

I’ve been fortunate enough to meet with some outstanding first-time entrepreneurs on a few different days during this week. In almost every case I can really feel the passion and determination they have, and I know that if they will just continue there is every chance that eventually they will be very successful.

1214

VC Insanity, Explained

…or, why VCs do what they do (Note: this post also appeared as a guest post on Techflash) VC behavior sometimes looks insane, but generally it’s just sound economics. It’s crazy but true: if you know how a VC gets paid, you can pretty much read their mind. Here’s a few examples: VCs don’t actually seem to want to take…

1223

Convertible and SAFE notes

Angel/seed rounds used to be done via priced equity securities, either common or preferred. Then, starting about ten years ago, we started to see convertible debt being used in the angel and seed rounds. By 2010 this was the norm and Paul Graham tweeted this in Aug 2010: Convertible notes have won. Every investment so…

1230

The Future of Web Startups

October 2007 (This essay is derived from a keynote at FOWA in October 2007.) There's something interesting happening right now. Startups are undergoing the same transformation that technology does when it becomes cheaper. It's a pattern we see over and over in technology. Initially there's some device that's very…