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    600 points codetrotter | 12 comments | | HN request time: 0.657s | source | bottom
    1. oh_sigh ◴[] No.35461700[source]
    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): >>35461744 #>>35461768 #>>35461900 #>>35461968 #>>35461993 #>>35462086 #>>35462453 #>>35463401 #
    2. Tialco ◴[] No.35461744[source]
    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 ◴[] No.35461768[source]
    Why would you assume that?
    4. WalterSear ◴[] No.35461900[source]
    They got paid in karma points instead.
    5. _skel ◴[] No.35461968[source]
    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): >>35462398 #
    6. ThorsBane ◴[] No.35461993[source]
    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): >>35463494 #
    7. ThrowawayTestr ◴[] No.35462086[source]
    He gets paid doesn't he?
    8. muzani ◴[] No.35462398[source]
    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 ◴[] No.35462453[source]
    As long as YC cares about HN, I cannot imagine them allowing anyone to outbid them for his services.
    10. dang ◴[] No.35463401[source]
    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): >>35463657 #
    11. dang ◴[] No.35463494[source]
    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.

    12. sirspacey ◴[] No.35463657[source]
    What’s interesting to you?