And I’m OK With That

We are making two changes to our standard deal in conjunction with a recent fundraise. Starting with the Winter 2021 batch, our deal will be $125,000 for 7% equity on a post-money safe, and we will reduce the amount of our pro rata right to 4% of subsequent…

Nobody talks about failure in Silicon Valley, yet 90% of startups fail.

Why?

3 yrs ago, @neerajberry and I shut down @Sprig, which raised $60M from @GreylockVC + @socialcapital & grew to $20m revenue.

Then, it all fell apart.

For an honest story about…

I felt bad asking Zack Gray to repeat his story. He was used to it, he said. It’s the founding tale of his startup, Ophelia; he’d already told part of it in his commencement speech at Wharton, and to potential investors. “There was a girl in my life,” he…

New records for extreme lightning bursts, or ‘megaflashes’, during 2019, have been made official, more than doubling the size and duration of the previous record flashes, the UN’s weather agency,

Lessons learned building a profitable algorithmic trading system using Reinforcement Learning techniques.

Laser labs that detect ripples in space-time may have witnessed a new class of cosmic object.

Amid wide unemployment during Covid-19, basic income schemes have gained fresh relevance. A successful Canadian scheme that's over four decades old could provide a road map for others.

Unim.Press is a Reddit reader in the style of a certain classic metropolitan newspaper

New research finds that microplastics are emitted into the atmosphere.

I remember seeing the photo above on Flickr once, and having my brain melt slightly from trying to figure out what went wrong.