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bradhe commented on Databricks is raising a Series K Investment at >$100B valuation   databricks.com/company/ne... · Posted by u/djhu9
devoutsalsa · 3 days ago
I had no idea how preferred shares actually worked, so I went down a rabbit hole looking it up. That "always get 1x back" thing you mentioned is called a liquidation preference, which means preferred shareholders get their money back first before anyone else sees a dime.

Turns out there are different flavors too. "Non-participating" means preferred gets their original investment back, then common stock splits whatever's left. "Participating" means preferred gets their money back AND also gets to participate in splitting the leftovers with common shareholders. No wonder investors are willing to pay up for these late-stage rounds when they've got that safety net.

bradhe · 3 days ago
You should read Venture Deals! Great book by Brad Feld and Jason Mendelson that's really comprehensive in this.
bradhe commented on Newgrounds: Flash Forward 2025   newgrounds.com/bbs/topic/... · Posted by u/lsferreira42
bradhe · 5 days ago
Honestly why hasn't there been a flash-like competitor or alternative that has filled the gap of creatives being able to quickly produce content and distribute it easily on the internet? I think the HTML5 folks envisioned <audio/> and <canvas/> being all you need for interactive stuff, but that hasn't really come to fruition. For animated content, is it perhaps YouTube that took over?
bradhe commented on US national debt reaches a record $37T, the Treasury Department reports   apnews.com/article/treasu... · Posted by u/atombender
bradhe · 11 days ago
Reported. It'll be amended soon after the statisticians get fired and yes-men get put in.
bradhe commented on Show HN: Should – Expressive Assertions for Go   github.com/Kairum-Labs/sh... · Posted by u/andrey-1201
bradhe · 18 days ago
Ah this is interesting. I've been blindly using this library for the past 6 years: https://github.com/stretchr/testify.
bradhe commented on     · Posted by u/ivewonyoung
bradhe · 18 days ago
"That sub" over on Reddit is already calling this guy a hero, claiming he stepped in on a carjacking. It's a good segue for them to complain about the state of DC crime.

The fact that there's an individual that goes by "Big Balls" that works for the US government (we're paying his salary) that authoritarian sycophants are elevating to hero status...that's what we're up against.

u/bradhe

KarmaCake day1465July 19, 2009
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[ my public key: https://keybase.io/bradhe; my proof: https://keybase.io/bradhe/sigs/_PEYzYXYjWqbzAeAttkR6xjumQZ5DNEwY01H7zs0wIk ]

CTO and Co-founder @ Tower.dev

Former Engineering Leader @ Snowflake

Former CTO and Co-founder @ Reflect (acquired, Puppet)

Former Director of Engineering @ Puppet

brad.heller@gmail.com

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