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MediumD commented on Show HN: Comparator - I built a free, open-source app to compare job offers   comparator-one.vercel.app... · Posted by u/MediumD
stuckonempty · 6 months ago
How did you get to equity packages being “routinely” worth millions when tech startups fail somewhere between 75% and >99% of the time (depending on estimates)?

Seems far more likely that startup equity will be worth zero to typical individual contributor employees, not millions

MediumD · 6 months ago
Of course most startups fail, and most equity is worth nothing.

I guess I didn’t think “routinely” implied a specific percentage, just that it isn’t uncommon for options to be worth a lot.

If even 5–10% of VC startups succeed, then it’s still worth considering the expected value of the equity when comparing job offers.

MediumD commented on Show HN: Comparator - I built a free, open-source app to compare job offers   comparator-one.vercel.app... · Posted by u/MediumD
codingdave · 6 months ago
> figure out the real value behind the equity.

Zero. Equity is a bonus in case things work out. But for the purpose of deciding on offers - zero.

MediumD · 6 months ago
While I think it’s good advice to live as if the equity is worth zero, treating all equity as if its worth nothing, seems a bit over-reductionist when equity packages can routinely be worth millions of dollars.

Obviously it’s a crapshoot and should never be seen as a guarantee, I think treating it as zero is bit too far on the opposite extreme.

MediumD commented on Show HN: Comparator - I built a free, open-source app to compare job offers   comparator-one.vercel.app... · Posted by u/MediumD
MediumD · 6 months ago
When I got multiple startup job offers, I realized how hard it was to project out a realistic value behind the equity. Guessing future valuations, dealing with dilution, and running through endless scenarios was a headache—so I built Comparator.

Comparator is a simple, free, open-source tool to help you cut through the complexity of startup compensation. Quickly see what your equity might actually be worth, factor in dilution, and easily compare your offers side by side. It’s completely free, no signups, your data never leaves the browser.

Check out the app here: https://comparator-one.vercel.app

Check out the code here: https://github.com/DevonPeroutky/comparator

MediumD commented on Cameo was once valued at $1B   businessinsider.com/cameo... · Posted by u/jawns
MediumD · a year ago
A lot of people saying the business model doesn't justify a $1bn valuation (rightfully so), but I'm guessing the valuation wasn't for their current business, but on the possibility that Cameo became the new way for booking talent in the age of the internet.

They could have become a $1bn business if they had "revolutionized talent management" (or something like that). Not saying it was a good investment, or one I would have made, but I'm guessing they pitched a larger vision than simply a buttload of cameos from washed-up/reality TV stars.

MediumD commented on Mediocre Engineer's Guide to HTTPS   devonperoutky.super.site/... · Posted by u/MediumD
wonnage · 2 years ago
This reads like an AI summary of an actual HTTPS explainer. Terms get introduced with no context - no explanation of what a certificate is or how the chain of trust works, assumes the reader knows about public key cryptography, describes six out of the seven OSI layers (RIP presentation layer) without mentioning that term at all, etc.

TBF it is titled as mediocre!

MediumD · 2 years ago
To be fair, I also didn’t include the session layer!

My writing isn’t a strength of mine, so I appreciate the criticism. My writing going from “bad” -> “is it AI?” is progress.

I struggled with where to “cutoff” the explanation and public key cryptography seemed like a good boundary and better explained elsewhere, as did various OSI layers.

I probably should have gone over the cert and potentially the full chain of trust, I’ll give you that.

MediumD commented on Google to fix AI picture bot after 'woke' criticism   bbc.com/news/business-683... · Posted by u/typeofhuman
duringmath · 2 years ago
No one's rewriting history here it's just a silly toy/tech demo.
MediumD · 2 years ago
While I agree no one is rewriting history, it is potentially a big deal because it speaks to the biases present when training/RLHF-ing. Considering this will be used by millions (if not tens of millions), calling it a “silly toy” feels off.

Bias in the model can lead to bad outcomes in certain situations (hint: we have an election coming up)

Yes this is innocuous, but it does hint at the possibility of more damaging bias being a possibility.

MediumD commented on Greg Brockman quits OpenAI   twitter.com/gdb/status/17... · Posted by u/nickrubin
cedws · 2 years ago
>Ilya claims the transformer architecture, with some modification for efficiency, is actually sufficient for AGI.

I thought this guy was supposed to know what he's talking about? There was a paper that shows LLMs cannot generalise[0]. Anybody who's used ChatGPT can see there's imperfections.

[0] https://arxiv.org/abs/2309.12288

MediumD · 2 years ago
> We provide evidence for the Reversal Curse by finetuning GPT-3 and Llama-1 on fictitious statements such as "Uriah Hawthorne is the composer of 'Abyssal Melodies'" and showing that they fail to correctly answer "Who composed 'Abyssal Melodies?'". The Reversal Curse is robust across model sizes and model families and is not alleviated by data augmentation.

This just proves that the LLMs available to them, with the training and augmentation methods they employed, aren't able to generalize. This doesn't prove that it is impossible for future LLMs or novel training and augmentation techniques will be unable to generalize.

MediumD commented on Comparing Adobe Firefly, Dalle-2, and OpenJourney   blog.usmanity.com/compari... · Posted by u/muhammadusman
MediumD · 3 years ago
*Shameless Plug*

If you want to play around with OpenJourney (or any other fine-tuned StableDiffusion model). I made my own UI with a free tier at https://happyaccidents.ai/.

It supports all open-sourced fine-tuned models & loras and I recently added ControlNet.

u/MediumD

KarmaCake day377August 15, 2016View Original