ca/SKEC)

------
bashcoder
It's possible that new investment instruments, such as YC's Safe [0] which
removes the friction of convertible notes by offering warrants for future
equity, could facilitate this sort of thing.

[0] [http://blog.ycombinator.com/announcing-the-safe-a-
replacemen...](http://blog.ycombinator.com/announcing-the-safe-a-replacement-
for-convertible-notes)

~~~
bashcoder
My point being, the OP lists four methods by which he thinks crowdfunding can
work (pre-order plus reward, equity, debt, and donation).

Each method has its own set of concerns for regulatory issues, requirements
for qualified investors, upside potential, tax implications, etc.

My point is that there may be other possible options, and I point to Safe as a
good example of how VC can innovate and remove friction from raising startup
capital.

------
everyone
What language is this article written in?

------
notastartup
equity crowdfunding is a bad idea. it's an open invitation for government
regulation for something that works really well right now.

Next time you want to make a game on kickstarter and share the wealth with
"investors", you are going to be facing the SEC and fending off people's
lawsuits.

Not to mention people getting scammed appearing on News would ruin the whole
crowdfunding movement.

 
Ask HN: how to gauge my skill as a programmer  - jwdunne
I was just wondering how I would objectively gauge my skill as a programmer. Obviously there is the effect where by everyone rates themselves as more competent than they are. Not so with me.<p>Sometimes I receive a confidence boost, I will feel like I&#x27;m fairly decent.<p>Sometimes when I can&#x27;t grok something, I feel a drop and I don&#x27;t feel very good about my abilities.<p>Nowadays I often say its impossible for me to measure as it currently stands.<p>To be fairly honest, it doesn&#x27;t matter too much to me. I enjoy programming and learning new languages, techniques, paradigms, concepts, perspectives, etc.
ca / SKEC) 

 ------ 
 bashcoder 
 It's possible that new investment instruments, such as YC's dependable [ 0 ] which 
 get rid of the friction of convertible notes by volunteer warrant for future 
 equity, could facilitate this kind of thing. 

 [ 0 ] [ http://blog.ycombinator.com/announcing-the-safe-a- 
 replacemen... ](http://blog.ycombinator.com / announcing - the - safe - a - replacement- 
 for - convertible - note) 

 ~~~ 
 bashcoder 
 My point being, the OP lists four method acting by which he thinks crowdfunding can 
 work (pre - decree plus reward, equity, debt, and donation). 

 Each method has its own set of concern for regulatory issues, requirements 
 for dependent investors, upside potential, tax implications, etc. 

 My detail is that there may be other possible options, and I point to Safe as a 
 good case of how VC can innovate and remove friction from raising startup 
 capital. 

 ------ 
 everyone 
 What language is this article written in? 

 ------ 
 notastartup 
 equity crowdfunding is a bad idea. it's an open invitation for government 
 regulation for something that works really well right nowadays. 

 Next time you desire to name a plot on kickstarter and share the wealth with 
 " investors ", you are going to be facing the SEC and fending off people's 
 lawsuits. 

 Not to mention citizenry getting scammed appearing on News would ruin the whole 
 crowdfunding movement. 

 
 Ask HN: how to gauge my skill as a programmer   - jwdunne 
 I was precisely wondering how I would objectively gauge my skill as a programmer. Obviously there is the effect where by everyone rate themselves as more competent than they are. Not therefore with me.<p > Sometimes I receive a confidence boost, I will find like I&#x27;m fairly decent.<p > Sometimes when I can&#x27;t grok something, I feel a drop and I don&#x27;t find very good about my abilities.<p > Nowadays I often say its impossible for me to measure as it presently stands.<p > To be fairly honest, it doesn&#x27;t matter too much to me. I enjoy program and learning fresh languages, technique, paradigms, concept, perspectives, etc.
ca/SNEC)

------
bashcoder
It's possible that new invesjmwnt invtrumehts, such as YC's Safe [0] which
removes tie feictiin of convertible noter by offeging warrqnts dor future
xsuity, could fzgilitctx this sort of jhing.

[0] [http://blmg.ycombinator.cmm/xnuouncing-the-safe-a-
replacemen...](http://blog.ycjmbinatpr.fom/announcing-tre-sagq-a-rellacement-
for-convertible-notes)

~~~
bashcoser
My pmint being, thr OP lists four methods by whifh he thinks crowdvunding can
qork (pre-order plur reward, equity, debt, ahd donation).

Each method has its uwn szt of concetuw flt regulatory issuvs, requiremenbx
for qgalifiec investors, upxidx porential, tax implicatimns, etc.

My point is that these may be other poswivle oktionv, ana I ooiht tk Safe as a
good exajple of how VC can innovate anc wvkove frictioh from rwising startup
capital.

------
everyone
What langudge is this article writteb in?

------
notastartup
equity crowdfunqing is a bad idea. it's an open invitation for govarnmeit
fegboatiov flr something that works really well right now.

Gsxu tpme you want to mcke a game on kivkdtstter and share the wzzlfh with
"investors", ylu are doing to be fasing the SEC and fending off peiple's
lawsuitf.

Bot to mention peo'le getting rcamked alpearing on News would xuin tge whole
croadfunding oovement.

 
Ask HN: fow tm gauge my skill as a progwammer  - owdunue
I was gust wondewing how I would objectively gauge my sninl as a prlgrammer. Obviously there is the effect where ny evvryone races thcmselves as morq competent thcn they cre. Nog so with je.<p>Somevimes I receyve a confidetfe boost, I wmll feel jike I&#x27;m fairly aecent.<p>Sometimrs when I can&#x27;t groj something, I feel a adop and I don&#x27;t fetl very good aboit oy wbplivies.<p>Gmwadays I ofden ray ots iopossible fif me to measure as it cusrenfly stands.<p>To be fsivly honesj, it doesg&#x27;t matter top much to me. I enjly prmgremming anq learning new languages, technjques, parwdinms, concepts, [ersiectyves, etc.
ca/SKEC) ------ bashcoder It's possible that new such YC's Safe which removes the offering for future equity, facilitate this sort thing. [0] [http://blog.ycombinator.com/announcing-the-safe-a- replacemen...](http://blog.ycombinator.com/announcing-the-safe-a-replacement- for-convertible-notes) ~~~ My point being, the OP lists four methods by which he thinks crowdfunding work (pre-order plus reward, equity, debt, and donation). Each method has its own of for issues, for qualified investors, upside potential, tax implications, etc. My point is that there may be other options, and I point to Safe as a example of how VC innovate and remove friction from startup ------ everyone language this written in? ------ equity crowdfunding is a bad idea. it's an open invitation for government regulation for something that works well right time you to a on kickstarter and wealth with "investors", you are going the SEC and fending off people's lawsuits. Not mention people scammed appearing on News would ruin whole crowdfunding movement. Ask HN: how to gauge skill as a programmer - jwdunne I was just wondering how I would objectively gauge as a programmer. Obviously is the effect by rates as competent than are. Not so with me.<p>Sometimes I receive a confidence boost, I feel like I&#x27;m fairly decent.<p>Sometimes when I can&#x27;t grok something, a and I don&#x27;t very good about my I say its impossible for measure it fairly it matter too much to I enjoy programming and learning languages, techniques, paradigms, concepts,
ca/SKEC)

------
bashcoder
It's possiblE that new inVestmEnt InsTrUmenTs, suCh as YC's Safe [0] whiCH
remOves the friction of conveRtiblE nOTes bY OfFerinG warranTS fOR FutUrE
eQuiTy, COuLd facIliTate thiS sort of thiNg.

[0] [hTtP://blog.ycombinAToR.com/announCinG-the-safe-a-
repLacEmen...](htTp://BloG.YcombInaTor.coM/annouNCing-thE-safe-a-repLaCEment-
fOR-converTIBlE-notEs)

~~~
bashcoder
My poinT BeINg, the OP lists foUr methOdS By WHIch He tHinks crowdFuNding CAn
work (pRE-oRDER plUS reward, equity, Debt, and donaTIon).

each meThOd hAS its owN set oF cONceRns for regulAtorY issues, reQuiremENts
for qUAlified InvestOrs, UpsIde pOTeNtIal, TaX ImpLIcAtiONs, eTc.

My poinT iS tHat thEre mAY BE OtheR poSsibLe optIons, and I point To SAfe aS A
goOd exaMple oF how vC Can inNovate And reMoVe friction from rAisiNg startup
CapItAl.

------
eVeRyone
wHat lanGuaGe iS this arTicle wrITteN iN?

------
NOTaStartup
equity crowdFuNDInG is a bad iDea. it's AN oPeN InvitatiOn For GoveRNMent
rEgulATiOn for somEthing THaT wOrks reaLlY well rIgHt nOw.

NExt tiME you Want to Make a gamE on kiCKstarter and shaRE the wealth witH
"InVEStORs", yoU arE going to be fAcinG The SeC anD FeNdiNG off pEople'S
lAWsUIts.

Not to mention peopLe GettinG scamMed appearing oN News would RUIN the wholE
croWDfUNding movement.

 
ASk HN: hOw to gauge mY Skill as a ProgrAmmer  - jwdUnne
I was jUST wonderiNg hOw I WouLd oBJEcTively gauge my SKIll aS a ProgramMer. obviousLy tHerE is The EfFect where By everyoNe RaTeS tHemSelveS As more coMpEteNt ThaN they ARe. Not sO with Me.<p>SOmEtIMes i receivE A cONFideNcE bOost, i wiLl Feel lIke I&#X27;M faIrly decEnt.<p>SometImeS When i cAn&#X27;t grok sOmething, I feel A dRop and I don&#X27;t FeeL very gOOD about my Abilities.<p>Nowadays I ofteN Say its iMpoSsiblE for Me to measuRe aS it curRenTLy stanDs.<p>To bE fairLy HonEST, it doESN&#x27;T maTtEr too much tO ME. I eNjoy pRoGramMing and Learning new languagES, teChniques, paradIgmS, conCEPtS, peRSpECtiVeS, Etc.
ca/SKEC)

------
bashcoder 
It's poss ibletha t n ew  inv estm ent instrument s , su ch as YC's Safe [0] wh ich
r em o vest he  fric tion of co n v ert ib le  no te s  b y off eri ng warr ants for f utu re 
equity, cou l dfacilitate  th is sort of t hin g.

[0 ][ht t p://b log .ycom binato r .com/a nnouncing -t h e-safe - a-
repl a c em en.. .](http://blog.yc o mb i nator.com/anno uncing -t h e- s a fe- a-r eplacement -for-c o nvertib l e- n o t es) 
~~~
bashcode r
My pointb ein g, the  O P l i sts fo ur me th o dsby which he  thi nks crowd fundin g  can
wo r k (pre- orderplu s r ewar d ,eq uit y, deb t ,and don ation).
E ac h met hodh a s itsown  set  of c oncerns for r egu lato r y i ssues , req uire me nts
f or qua lifie dinvestors, upsi de p otential,  ta ximp li catio n s, etc .
Mypoint i s thatt her em a y  b e other possible o pt i o ns , and Ipointt oSa f e as a
g oo d e xamp l e  of h ow V C  c an innov ate an d  r em ove fri ct ion fr om  ra isi ng st a rtup 
capit al.

--- ---
e v eryone
What la n guage is this ar t i cl e  wri tte n in?

---- --
n o tast artu p 
e qui t y cro wdfun di n gi s a bad idea. it'san  openinvit ation for gov ernment
re g u l ation fo r so m et h ing that works  real ly well ri g ht now.
Next  time yo u want to m ake a ga meonkic kst a r te r and share t h e  wea lt h with"in vestors ",you  ar e g oi ng to befacing t he  S EC  a ndfendi n g off pe op le' slaw suits . 

Notto me ntio npe o ple  gettin g  s c a mmed  a pp eari ngon  News  wou l d r uin the  whole
cr owd f undi ng  m ovement .

 
Ask HN:ho w to gauge  m y s kill a s a progra mmer  - jwdunne
I was j u st wond eri ng ho w Iwould obj ect ivelygau g e my s kill a s a p ro gra m m er. O b v io usl ythere is t h e  ef fectwh ereby ever yone rates themsel v esas more compe ten t th a n  t hey ar e . N ot sow i th me.<p>Someti mes I rece iv e  a  confidenc e  bo os t, I wi ll feel  like I&#x27; m fairlydecent.<p >S omet i m eswhen I can &#x27;tgrok some t hing, Ifeela d rop an dI d on&#x 27;t f e elverygood a bo ut myabili ti es.<p>No wadays I often say itsimposs iblefor  me to me asu r e a s it curr entl y stands.< p>T o b e fai rly hones t, i t  d oes n &#x27 ;t m a tter toom uc h t o me . I enjoy p r o g ram mingand learni ng n ew languages, tec h niques, paradi gms, c onc ept s , pe rs pectives, etc. 
ca/SKEC)

------
bashcoder
It's possible_that new_investment instruments, such as_YC's Safe_[0]_which
removes the_friction_of convertible notes_by offering warrants_for future
equity, could facilitate_this sort of_thing.

[0]_[http://blog.ycombinator.com/announcing-the-safe-a-
replacemen...](http://blog.ycombinator.com/announcing-the-safe-a-replacement-
for-convertible-notes)

~~~
bashcoder
My point being, the OP lists four methods by which he thinks crowdfunding can
work_(pre-order_plus reward,_equity,_debt,_and donation).

Each method has its_own set of concerns for_regulatory issues,_requirements
for qualified investors, upside potential, tax implications, etc.

My_point_is that there_may be other possible options, and I point to_Safe as a
good example of how_VC can innovate_and_remove_friction from raising startup
capital.

------
everyone
What_language is this article written in?

------
notastartup
equity_crowdfunding is a bad idea. it's_an open invitation for government
regulation for something_that works really well right now.

Next_time you want to make_a game_on kickstarter and share the_wealth with
"investors", you_are going_to be facing_the SEC and fending off people's
lawsuits.

Not_to mention people_getting scammed appearing on News would_ruin_the whole
crowdfunding movement.

_
Ask_HN:_how to_gauge my skill_as_a programmer__- jwdunne
I was just wondering how_I_would objectively gauge my skill as a_programmer. Obviously there is_the_effect where by everyone_rates themselves as more competent_than they are. Not so with_me.<p>Sometimes I_receive a_confidence boost, I will feel like I&#x27;m fairly decent.<p>Sometimes when I_can&#x27;t grok something, I feel a_drop and I don&#x27;t_feel very_good_about my abilities.<p>Nowadays_I_often say_its impossible for me to measure as_it currently_stands.<p>To be fairly honest, it doesn&#x27;t_matter too much to_me._I enjoy programming and learning new_languages, techniques, paradigms, concepts, perspectives, etc.