charlesjo
charlesjo (42)

5

Y Combinator

Y Combinator is an early stage seed fund started by Paul Graham in 2005. The combined market cap of Y Combinator companies is currently over $30 billion

John: You should apply for Y Combinator they will give you 120k for 7% of your company and provide great mentorship.
Amit: Great idea. I'm going to apply

Added by zazpowered zazpowered over 7 years ago

    46

    This changes everything

    Nothing has changed. Pure marketing

    See http://svdictionary.com/words/changing-the-world

    Introducing the iPhone 4. This changes everything.

    Added by zazpowered zazpowered over 7 years ago

    • charlesjo charlesjo

      Love it. Although, I did love my iPhone 4S. And it still runs like ALL Apple products I have ever owned!

      2
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      over 7 years ago
    • thepaleking thepaleking

      Doesn't change much to be honest, 99% marketing 1% decent phone

      2
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      about 7 years ago
    54

    Fuck you money

    When you make enough money from a startup or job that you can basically do whatever you want. Usually from equity after a liquidity event.

    Engineering manager: Congrats on the IPO everybody. See you guys on Monday.
    Engineer: I'm not sure about that
    Manager: You think you can do whatever you want now you have that fuck you money?
    Engineer: Sorry sir. I just got a little excited

    Added by zazpowered zazpowered over 7 years ago

    35

    Brogrammer

    When you mix your typical engineer with your typical frat boy. The official heuristic to identify a brogrammer in your organization is when you can't tell whether the suspect is part of your engineering team or your sales team.

    David: I originally thought Kilim was a programmer but he's been popping his collar and talking a lot. Is he a brogrammer?

    Added by zazpowered zazpowered over 7 years ago

    • bkelly bkelly

      More useful information for problogrammer here IBM

      1
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      over 6 years ago
    9

    Y Combinator

    A label you add to your startup's intro (if chosen) that your company exchanges 7% of protected equity to arbitrary increase your valuation with.

    After getting accepted from Y Combinator, my 3 man team from [insert top 5 engineering school here], we launched our [insert undeveloped idea that sounds good on paper here], and raised 1.5 million dollars from Demo Day because we're changing the world.

    Added by yungsnuggie yungsnuggie over 7 years ago

    • charlesjo charlesjo

      Possibly more valuable label than Stanford in the startup world.

      2
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      over 7 years ago
    26

    Crushing it

    Achieving exceptional success with something.

    Jess is totally crushing it with her new Uber-for-VC-funding app. She's already been hunted.

    https://www.youtube.com/watch?v=CcS-zlgj4ak

    Added by Travis Travis over 7 years ago

    • charlesjo charlesjo

      Founders use this term until "Awesome Journey."

      2
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      over 7 years ago
    56

    Engineer Unicorn

    An engineer that is competent, good looking, dresses well and is not socially awkward.

    John: How come no other engineers are like David?
    Mary: He's an engineer unicorn. They are rare.

    Added by pygmyknight pygmyknight over 7 years ago

    • torbenberger torbenberger

      The legend says some of them can be found here http://www.engineerunicorns.com

      2
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      over 7 years ago
    • employeeNumbaOne employeeNumbaOne

      "Unicorn" is a common term for an engineer (usually front-end) who also has good taste in design and is able to contribute to UX early on. But "unicorn" is also used for startups that turn out to be breakout successes, like Uber and Airbnb. Silicon Valley really likes unicorns.

      3
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      over 7 years ago
    32

    Gamification

    Adding game elements to normally not game related software or processes in order to increase engagement.

    A: User testing has shown that users don't like our accounting app.
    B: We should really be adding some gamification.
    A: Will that make the app more useful?
    B: No, but more fun!

    Added by graup graup over 7 years ago

      17

      Herd Mentality

      When people follow the leader or others like a herd instead of thinking independently. Often seen when investors are deciding which startups to fund.

      VC: You guys have a really strong team, exactly the type that we like to fund, but we just don't believe in the idea.
      Kim: Did I mention that a16z decided to invest in us yesterday.
      VC: Wait. Don't leave. I think we started things off on the wrong foot.

      Added by zazpowered zazpowered over 7 years ago

      33

      Awesome Journey

      Used when a startup has failed. Intend to give a positive spin on what is a gut wrenching moment.

      While our startup has failed, it has been an awesome journey.

      Added by beenpoor beenpoor over 7 years ago

      14

      Thiel Fellow

      A student under the age of 20 handpicked by Peter Thiel to drop out of college and start a company.

      I dropped out of MIT because Peter Thiel just gave me a $100,000 to realize my dream of creating a social network for dogs.

      Added by yungsnuggie yungsnuggie over 7 years ago

        93

        Waterloo

        A mythical University in Canada where many good Engineers and Computer Scientists come from.

        Sam: "Where are all these Canadians from?"
        Matthew: "We hired 10 interns and 20 full-times from Waterloo. They get shit done because if we don't hire them, they'll have to work for Blackberry."

        Added by robert robert over 7 years ago

        • zazpowered zazpowered

          @orien No what are you talking about

          1
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          over 7 years ago
        • zazpowered zazpowered

          @SingleCommaClub It's similar to what you see from immigrants to a new country like US or Canada

          1
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          over 7 years ago
        • zazpowered zazpowered

          I have a lot of friends from canada and waterloo and this seems really accurate from what i've heard

          1
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          over 7 years ago
        • charlesjo charlesjo

          It's like a parallel universe of Silicon Valley where people speak American English...

          3
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          over 7 years ago
        • orien orien

          @zazpowered aren't you from waterloo

          2
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          over 7 years ago
        • freefunctor freefunctor

          @SingleCommaClub That's not true at all. Pretty much everyone I know from my graduating class got offers from US companies. A significant proportion of students choose to stay because the region is booming right now, and also the quality of life in Canada is pretty high.

          2
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          over 7 years ago
        • zazpowered zazpowered

          @freefunctor toronto and canada are awesome

          2
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          over 7 years ago
        • SingleCommaClub SingleCommaClub

          Have worked with a lot of engineers from Waterloo through internships and full time. Can honestly say they are very talented, but there is a bias because all the ones that make it to US companies are generally top notch.

          2
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          over 7 years ago
        • Devilinlimbo Devilinlimbo

          I love this site!

          6
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          almost 6 years ago
        52

        Early Employee

        A founder who will take 1% of the company instead of 25%. This is a polite way of saying "sucker."

        CEO: "We couldn't have done it without a few great early employees."

        Added by employeeNumbaOne employeeNumbaOne over 7 years ago

        • SingleCommaClub SingleCommaClub

          I still wouldn't minded having been an early employee at Facebook or Uber.

          4
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          over 7 years ago
        • employeeNumbaOne employeeNumbaOne

          @silconobserver Zach Holman.

          1
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          over 6 years ago
        • silconobserver silconobserver

          This is total and utter bullshit. The founder risks his entire savings, family/friend relationships and pours his life into his startup. When things finally begin to work he goes out and hires the first few employees. In return the "early employees" get paid market rate or slightly below market rate and get equity and the founder gets painted as a greedy bastard? Who is the real sucker here

          3
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          over 6 years ago
        59

        Non-technical Cofounder

        A Wharton MBA who will overestimate the value of his idea and underestimate the value of the person who will implement it. Often wonders why his technical cofounders leave him and the apps they build look like shit and get hacked all the time.

        Non-technical Cofounder: Why do all these technical cofounders leave me? Did they not see the MBA from Wharton in my email? I'm telling you right now, I know how to write a business plan. I even offered the last guy 10% of my company.

        Added by zazpowered zazpowered over 7 years ago

        19

        Making the world a better place

        Solving a very specific problem that loosely translates into a social benefit.

        We are making the world a better place through P2P iBeacon messaging platforms.

        Added by dennis dennis over 7 years ago

        • charlesjo charlesjo

          Look at how much time sink we've created for evil people... with Reddit.

          1
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          over 7 years ago
        36

        MBA

        Certification that you've read case studies on how others have succeeded.

        Steve: Have you started your business yet?
        Jeremey: No I'm getting my MBA. I'll start my first business when I'm 30 and have a wife and kids.

        Added by yungsnuggie yungsnuggie over 7 years ago

        40

        Bus Factor

        The number of people that need to be hit by a bus before their project is dead.

        "Our engineers work in teams of 10 for the higher bus factor"

        Added by asdf asdf over 7 years ago

        • employeeNumbaOne employeeNumbaOne

          It is well known that engineers make a "SPOF" sound when hit by a bus.

          2
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          over 6 years ago
        5

        Buying the logo

        Investors putting a tiny percentage of a fund into a company so they can claim credit. Credit to Sam Altman

        Due to the success of Airbnb, some investors are buying the logo so they can put an Airbnb badge on their website.

        Added by zazpowered zazpowered over 7 years ago

          30

          Vanity Metrics

          Useless data that looks good but does not necessarily correlate real success.

          Bob: Our website gets a million views daily!
          Mark: How many of them are you converting to paid users?
          Bob: Well.. we are still working on that.

          Added by serge serge over 7 years ago

          20

          Technical Founder

          A 5.0 student from MIT, the technical founder is a lone wolf who thinks business people are completely useless. You're a social media manager? Get the fuck out of here. His code is perfectly architected, clean and commented in all the right places. His startups fail because he doesn't think writing CSS is worth his time and his sites look like shit as a result.

          Technical founder: I was almost about to team up with a non-technical cofounder but then he told me he wanted a user interface to manage our sites content.

          Added by zazpowered zazpowered over 7 years ago