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Every blog post that took off on Hacker News, ranked by the votes of its best submission. 2,603 posts.

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2105

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…

2114

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…