Comments for Boris Dinkevich http://blog.dinkevich.com Technology, startups and Ruby on Rails Mon, 16 Jan 2012 15:58:16 +0000 hourly 1 http://wordpress.org/?v=3.3 Comment on True web security from Javascript injections ? by chromeaa http://blog.dinkevich.com/true-web-security-from-javascript-injections/comment-page-1/#comment-611 chromeaa Mon, 16 Jan 2012 15:58:16 +0000 http://blog.itlater.com/?p=370#comment-611 Hello all http://javaencrypt.com/javascript-obfuscator/index.php?lang=en still by the way Hello all http://javaencrypt.com/javascript-obfuscator/index.php?lang=en still by the way

]]> Comment on First employee of startup ? You are probably getting screwed ! by James http://blog.dinkevich.com/first-employee-of-startup-you-are-probably-getting-screwed/comment-page-1/#comment-606 James Wed, 21 Dec 2011 11:33:51 +0000 http://blog.itlater.com/?p=411#comment-606 I second all of this. I second all of this.

]]> Comment on First employee of startup ? You are probably getting screwed ! by James http://blog.dinkevich.com/first-employee-of-startup-you-are-probably-getting-screwed/comment-page-1/#comment-605 James Wed, 21 Dec 2011 11:19:41 +0000 http://blog.itlater.com/?p=411#comment-605 Mylo, 3-6% is quite ridiculous unless you are the sole first employee for a significant initial time period, filling an essential role requiring uncommon expertise (which would in practice be closer to a "junior" founder). Normally when a start up is ready to employ people on full time basis, they will be looking to hire a few, say 3 - 6. If they gave them all 3 - 6 % that would result in the entire employee equity pool being exhausted. Mylo, 3-6% is quite ridiculous unless you are the sole first employee for a significant initial time period, filling an essential role requiring uncommon expertise (which would in practice be closer to a “junior” founder).
Normally when a start up is ready to employ people on full time basis, they will be looking to hire a few, say 3 – 6. If they gave them all 3 – 6 % that would result in the entire employee equity pool being exhausted.

]]> Comment on Whats the best time to post to HackerNews by Affordable Small Business Search Engine Optimization http://blog.dinkevich.com/whats-the-best-time-to-post-to-hackernews/comment-page-1/#comment-604 Affordable Small Business Search Engine Optimization Thu, 17 Nov 2011 13:26:26 +0000 http://blog.itlater.com/?p=102#comment-604 <strong>Affordable Small Business Search Engine Optimization...</strong> [...]here are some links to sites that we link to because we think they are worth visiting[...]... Affordable Small Business Search Engine Optimization…

[...]here are some links to sites that we link to because we think they are worth visiting[...]…

]]> Comment on First employee of startup ? You are probably getting screwed ! by Freelancing | Swaroop C H - India, Technology, Life Skills http://blog.dinkevich.com/first-employee-of-startup-you-are-probably-getting-screwed/comment-page-1/#comment-573 Freelancing | Swaroop C H - India, Technology, Life Skills Wed, 14 Sep 2011 12:07:01 +0000 http://blog.itlater.com/?p=411#comment-573 [...] the spent last 3 years in startup land, I learned a few things which have made me weary of startups. It had gotten me to think of what it is that I was [...] [...] the spent last 3 years in startup land, I learned a few things which have made me weary of startups. It had gotten me to think of what it is that I was [...]

]]> Comment on First employee of startup ? You are probably getting screwed ! by BorisDinkevich http://blog.dinkevich.com/first-employee-of-startup-you-are-probably-getting-screwed/comment-page-1/#comment-567 BorisDinkevich Sun, 11 Sep 2011 08:01:36 +0000 http://blog.itlater.com/?p=411#comment-567 Hi Travis PRE-Money valuation is how much the company is worth now. POST-Money is how much it will be worth after the investment (with the new funds). For more info, read the Wiki entry: http://en.wikipedia.org/wiki/Pre-money_valuation Hi Travis

PRE-Money valuation is how much the company is worth now.
POST-Money is how much it will be worth after the investment (with the new funds).

For more info, read the Wiki entry:
http://en.wikipedia.org/wiki/Pre-money_valuation

]]> Comment on First employee of startup ? You are probably getting screwed ! by Travis http://blog.dinkevich.com/first-employee-of-startup-you-are-probably-getting-screwed/comment-page-1/#comment-566 Travis Sun, 11 Sep 2011 03:21:09 +0000 http://blog.itlater.com/?p=411#comment-566 A bit of math. I am new to this but I wanted to ask if the math in the problem is right or a typo... 500K at a high 2M (pre-money) valuation, giving away 20%. Isn't 500k at a 2M valuation = 25%? is this a typo or can you please explain this to me? A bit of math. I am new to this but I wanted to ask if the math in the problem is right or a typo… 500K at a high 2M (pre-money) valuation, giving away 20%. Isn’t 500k at a 2M valuation = 25%? is this a typo or can you please explain this to me?

]]> Comment on First employee of startup ? You are probably getting screwed ! by Ben http://blog.dinkevich.com/first-employee-of-startup-you-are-probably-getting-screwed/comment-page-1/#comment-545 Ben Fri, 09 Sep 2011 06:34:38 +0000 http://blog.itlater.com/?p=411#comment-545 "Maybe I am old school, but living a happy life with cold hard earned cash, is much better than just money in the form of numbers you may or may not get." This is what I'm replying to Giovani. Essentially what he's just said there is that there is no value in the notion of equity at all - that's not risk management, that's zero risk. “Maybe I am old school, but living a happy life with cold hard earned cash, is much better than just money in the form of numbers you may or may not get.”

This is what I’m replying to Giovani. Essentially what he’s just said there is that there is no value in the notion of equity at all – that’s not risk management, that’s zero risk.

]]> Comment on First employee of startup ? You are probably getting screwed ! by /james-random / Tech Week in Review for September 1st, 2011 http://blog.dinkevich.com/first-employee-of-startup-you-are-probably-getting-screwed/comment-page-1/#comment-515 /james-random / Tech Week in Review for September 1st, 2011 Sun, 04 Sep 2011 22:00:00 +0000 http://blog.itlater.com/?p=411#comment-515 [...] First employee of a startup? You’re probably getting screwed – http://blog.itlater.com/first-employee-of-startup-you-are-probably-getting-sc… [...] [...] First employee of a startup? You’re probably getting screwed – http://blog.itlater.com/first-employee-of-startup-you-are-probably-getting-sc&#8230; [...]

]]> Comment on First employee of startup ? You are probably getting screwed ! by Gaga http://blog.dinkevich.com/first-employee-of-startup-you-are-probably-getting-screwed/comment-page-1/#comment-505 Gaga Sat, 03 Sep 2011 16:45:49 +0000 http://blog.itlater.com/?p=411#comment-505 I'm sick of everybody thinking that a startup has to make money by raising money. There's tons of startups that are not playing the Angel/VC game, which start as projects on the side to the point that they start making money on their own and then the founders quit their jobs to create a business that can make them tens of millions a year, without raising capital. It's time that we all start looking forward profitable companies, not inflating the values of our companies by getting another round and then exiting, by doing that you create nothing that's worth fighting for. There's lots of companies out there making more money than all the hyped Ycombinator dummies. It's not that hard. Just don't make the X of Y type of company, solve real problems, use the money that you make judiciously to grow and market your products and services, listen to your customers/users, iterate, iterate, and you will make real money without having to sell your ass or screw your employee #1. I’m sick of everybody thinking that a startup has to make money by raising money.

There’s tons of startups that are not playing the Angel/VC game, which start as projects on the side to the point that they start making money on their own and then the founders quit their jobs to create a business that can make them tens of millions a year, without raising capital.

It’s time that we all start looking forward profitable companies, not inflating the values of our companies by getting another round and then exiting, by doing that you create nothing that’s worth fighting for.

There’s lots of companies out there making more money than all the hyped Ycombinator dummies. It’s not that hard. Just don’t make the X of Y type of company, solve real problems, use the money that you make judiciously to grow and market your products and services, listen to your customers/users, iterate, iterate, and you will make real money without having to sell your ass or screw your employee #1.

]]>