Best of 2012

The blog posts Hacker News loved most in 2012. 601 posts.

Tech Industry & Business
542

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…