Berkeley CSUA MOTD:Entry 17658
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2018/11/14 [General] UID:1000 Activity:popular
11/14   

2000/2/29-3/4 [Finance] UID:17658 Activity:kinda low
2/29    Graduating in June? Pimp yourself for a $100 Amazon gift certificate.
        <DEAD>survey.collegehire.com/survey/SurveySend.html<DEAD>
        \_ Actually, you don't even need to be graduating, just need to be
           a CS or EECS major. -dans
           \_ Not true. I sent in my resume and they wrote back and said
              thanks but no thanks b/c I wasn't graduating this spring.
                           - jowens (who posted this in the first place)
        \_ How do they afford shit like this?  The companies listed on their
           website don't look that impressive.
           \_ Hmmm.  .  .  perhaps they had another survey for folks who
              aren't graduating.  I didn't bother to send in a complete
              resume.  As for how they can afford it, lots of dumb VCs. -dans
              resume.  As for how they can afford it, lots of dumb VCs.
              And after you take the money and run from CollegeHire,
              boycott Amazon. -dans
                \_ Yeah and you're a genius.  99% of those VC's are making so
                   much money they can't give it away to dumb little startups
                   with their dumb little ideas fast enough.  Let us know when
                   you have your first job and made your first $100.00.  Your
                   McD's fries cook job doesn't count.
                   \_ Real job: been there, done that.  Let me know what the
                      hell you've been smoking to make you dumb enough to
                      believe that 99% of VC's are turning massive profits.
                      Maybe 70% are profiting, and, of those, the number that
                      are making the kind of money you're talking about that
                      is much smaller.  Quit trolling. -dans
                        \_ Clueless child.  Where's your resume?
                           \_ Deluded adult, are you hiring? -dans
                                \_ No one like you.  Just wanted to see you
                                   back up that "been there, done that"
                                   statement.  We're not looking for NCGs at
                                   the moment.
                      \_ Any clued sodans know what the real %-age is for
                         VC-funded net companies - that are profitable?  I
                         understand VCs define a minimum of 30:1 returns
                         as "successes" with 1000(0):1 not very rare.
                         I've heard something like, "nine out of 10 of
                         funded companies can blow as long as there's the
                         one out of the 10 that's a success" and the VC
                         people make their proper cut
                         \_ Tier 1 VCs generally have a greater than
                            50% hit rate. However, the vast majority
                            of VCs have hit rates under 10%. -sameer
                         \_ Also, VCs make money no matter what happens.
                            They generally charge 1-3% "management fee"
                            which is charged on the total assett value
                            of the fund, and then 20-30% of the total
                            returns of the fund. -sameer
2018/11/14 [General] UID:1000 Activity:popular
11/14   

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