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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    1. Austen Allred‏Verified account @AustenAllred 17 Oct 2017

      HackerNews is a little bit disappointed with WePay’s mere >$220 million acquisition. Better luck next time, founders 😞pic.twitter.com/sLJ2ys5gEx

      3 replies 1 retweet 28 likes
    2. Rick‏ @nickchuckwalter 17 Oct 2017
      Replying to @AustenAllred

      I love your HN tweets. You find the real gems

      1 reply 0 retweets 1 like
    3. Austen Allred‏Verified account @AustenAllred 17 Oct 2017
      Replying to @nickchuckwalter

      They’re all gems

      1 reply 0 retweets 2 likes
    4. Trevor McKendrick‏Verified account @TrevMcKendrick 17 Oct 2017
      Replying to @AustenAllred @nickchuckwalter

      to be fair, they raised $74M, depending on cap table and liq preferences the founders might not see much...

      2 replies 0 retweets 2 likes
    5. Rick‏ @nickchuckwalter 18 Oct 2017
      Replying to @TrevMcKendrick @AustenAllred

      How much is much? Over a mil?

      1 reply 0 retweets 0 likes
    6. Trevor McKendrick‏Verified account @TrevMcKendrick 18 Oct 2017
      Replying to @nickchuckwalter @AustenAllred

      relative to $220M exit + 8 years of heroic work as a founder i think $1m is tiiiiiiiny

      1 reply 0 retweets 2 likes
    7. Fabian Flatz‏ @fabian_flatz 18 Oct 2017
      Replying to @TrevMcKendrick @nickchuckwalter @AustenAllred

      If exit = 220m then - say 1x lig pref of 75m that still leaves 145m. Say founders still hold 25% combined, leaves them w 36.2m = a lot

      1 reply 0 retweets 1 like
    8. James Burns‏ @1mentat 18 Oct 2017
      Replying to @fabian_flatz @TrevMcKendrick and

      1x of 75 is very optimistic

      2 replies 0 retweets 2 likes
    9. Fabian Flatz‏ @fabian_flatz 18 Oct 2017
      Replying to @1mentat @TrevMcKendrick and

      Really? Not that much familiar with later stage investments / Silicon Valley customs but more than 2x seem very founder unfriendly.

      1 reply 0 retweets 1 like
      Austen Allred‏Verified account @AustenAllred 18 Oct 2017
      Replying to @fabian_flatz @1mentat and

      In today’s market I’d be shocked to see 2x

      9:38 AM - 18 Oct 2017
      • 2 Likes
      • Brian  Cliette Fabian Flatz
      1 reply 0 retweets 2 likes
        1. Fabian Flatz‏ @fabian_flatz 18 Oct 2017
          Replying to @AustenAllred @1mentat and

          Thx. That's whatvI have been thinking

          0 replies 0 retweets 0 likes
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