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caterpillarcowboy reblogged soupsoup
Five years ago I emailed David about an outdated job listing at Davidville. A few months later I was living in the East Village as Tumblr’s fifth employee.
So much has happened since then.
I remember meeting Jacob at the second (or third?) Tumblr meetup later that year. My, what hair he had! :P
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Two days ago was my three year anniversary with @DrDiver. We had a small wedding along the coast of RI, and we loved every second of it.
When I woke up two days ago, I did what I usually do within the first 15 minutes of pulling myself out of bed and back into the real (and digital) world: I loaded Timehop.
This screen cap above was what I saw. I got a chance to take 5 mins in my morning routine to sit and reflect on this awesome day by scanning through a bunch of photos that were pulled in from my Dropbox.
When Jonathan and Benny started Timehop (then called 4SquareAnd7YearsAgo), they painted for me a vision of the value in all the social content we are creating together online, after the content falls past the 24-hour shelf life of news feeds and timelines.
The company’s latest feature, launched yesterday, goes a step further than social feeds: you can now pull all your private photos into Timehop, so you can relive them on each anniversary.
My morning two days ago was such a killer experience. Not only was it a wonderful shot of nostalgia and emotion, but additionally I emailed off a couple photos from the app to relevant people, so it sparked me to reconnect with my closest friends and family too. I highly recommend you start syncing up your photos and try it yourself.
One final reason: this will be great ammo for #tbt!
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caterpillarcowboy reblogged soupsoup
Tumblr’s employees will also do well. The company’s first 10 employees will receive an average of $6.2 million in cash; the first 30 will receive an average of $3.3 million in cash, and the rest of the 178 employees will each receive $371,000.
However, in a comment on Hacker News, Union Square’s principal, Fred Wilson, calls the numbers offered by PrivCo ”total garbage.” “There is not one fact in this privco thing that is close to right,” he continues. “The numbers are good but nowhere close to that good. This is the same firm that predicted Foursquare would be out of business this year which will also prove to be nonsense.”
First employees typically get 0.5-1% equity. Then, dilute that by a third or so for every subsequent funding round and you get an approximation of how much they have. Multiply by $1.1B, hope there aren’t any weird clauses in the investor terms, and you get your payout number.
I’m gonna guess $700,000 for the earliest employees. Oh, and don’t forget to subtract 15% for long-term capital gains tax.
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