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[parent] [thread] 11 comments
1. oh_sig+(OP)[view] [source] 2023-04-05 23:05:18
Why does dang do what he does?

He's so close to ycombinator, inside of it in fact, but I assume he isn't getting mega rich like everyone else associated with the outfit. Am I wrong?

replies(8): >>Tialco+I >>rytill+61 >>Walter+e3 >>_skel+k4 >>ThorsB+J4 >>Throwa+e6 >>raldi+9c >>dang+rr
2. Tialco+I[view] [source] 2023-04-05 23:08:27
>>oh_sig+(OP)
False.

Dang has an incredible pulse on the conversation & zeitgeist of Hacker News.

He has a keen sense of what the community's current group-think on various investment opportunities are, places a trade on the exact opposite outcome and has made hundreds of millions of dollars so far.

In all seriousness though, I'll bet he could quit HN and then spin up a consulting service helping companies get to the top of HN (what you should post, when to post, etc.) and make a tidy 7 figure income that way.

3. rytill+61[view] [source] 2023-04-05 23:11:01
>>oh_sig+(OP)
Why would you assume that?
4. Walter+e3[view] [source] 2023-04-05 23:23:47
>>oh_sig+(OP)
They got paid in karma points instead.
5. _skel+k4[view] [source] 2023-04-05 23:31:04
>>oh_sig+(OP)
What makes you think everyone is mega rich there? VC firms have a lot of employees making normal salaries just like every other company.
replies(1): >>muzani+gb
6. ThorsB+J4[view] [source] 2023-04-05 23:33:14
>>oh_sig+(OP)
It may be for the enjoyment of it. If you have a great team or great community, you protect what you have as much as you can with what you can.
replies(1): >>dang+Ws
7. Throwa+e6[view] [source] 2023-04-05 23:43:50
>>oh_sig+(OP)
He gets paid doesn't he?
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8. muzani+gb[view] [source] [discussion] 2023-04-06 00:17:50
>>_skel+k4
I was 30+ when I learned that bank tellers don't make a lot of money despite handling lots of money every day.
9. raldi+9c[view] [source] 2023-04-06 00:24:25
>>oh_sig+(OP)
As long as YC cares about HN, I cannot imagine them allowing anyone to outbid them for his services.
10. dang+rr[view] [source] 2023-04-06 02:32:58
>>oh_sig+(OP)
YC has been, and is, good to me. In fact YC changed my life and I will always have endless gratitude for that.

As far as moderating HN goes, from one point of view it's a perverse undertaking and the short answer is that the job matches my neuroses. From another point of view, it has been a growth opportunity—the options are either to let it drive you insane or grow. From a third point of view, I sometimes think that trying to assemble a large group on the internet into a curious organism is a worthwhile thing to try.

It also has some advantages which would be hard to give up. I don't think I could go back to a job where I didn't have creative control. I could imagine doing a startup again.

replies(1): >>sirspa+zv
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11. dang+Ws[view] [source] [discussion] 2023-04-06 02:47:57
>>ThorsB+J4
I know that experience and wish everyone could have it at least once.

The ongoing thread remembering Bob Lee is filled with that quality: https://news.ycombinator.com/item?id=35457341.

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12. sirspa+zv[view] [source] [discussion] 2023-04-06 03:09:55
>>dang+rr
What’s interesting to you?
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