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Copyright (c) 2012, Miguel Araujo
All rights reserved.
Redistribution and use in source and binary forms, with or without
modification, are permitted provided that the following conditions are met:
* Redistributions of source code must retain the above copyright notice, this
list of conditions and the following disclaimer.
* Redistributions in binary form must reproduce the above copyright notice,
@mikeyk
mikeyk / redis_session_backend.py
Created April 8, 2011 18:01
A redis backend for Django Sessions, tested on Django 1.3+
from django.contrib.sessions.backends.base import SessionBase, CreateError
from django.conf import settings
from django.utils.encoding import force_unicode
import redis
class SessionStore(SessionBase):
""" Redis store for sessions"""
def __init__(self, session_key=None):
self.redis = redis.Redis(
@dpaneda
dpaneda / about.md
Last active January 21, 2016 22:43 — forked from jasonrudolph/about.md
Programming Achievements: How to Level Up as a Developer
@maraujop
maraujop / forms.py
Created February 15, 2012 19:04
django-crispy-forms bootstrap form example
# -*- coding: utf-8 -*-
from django import forms
from crispy_forms.helper import FormHelper
from crispy_forms.layout import Layout, Div, Submit, HTML, Button, Row, Field
from crispy_forms.bootstrap import AppendedText, PrependedText, FormActions
class MessageForm(forms.Form):
text_input = forms.CharField()
@dmcquay
dmcquay / authentication.py
Created May 9, 2012 18:37
Tastypie MultiAuthentication configurable to require all to pass or just one to pass
from tastypie.http import HttpUnauthorized
class MultiAuthentication(object):
"""
An authentication backend that tries a number of backends in order. You may specify using the and_ kwarg
whether or not all backends must authenticate the user or if authentication should stop after the first success.
It defaults to False, meaning that only one authentication backend must return True.
For example, let's say you have three classes:
MyAuth1
@jhclark
jhclark / latency.txt
Created May 31, 2012 19:58 — forked from jboner/latency.txt
Latency numbers every programmer should know
L1 cache reference 0.5 ns
Branch mispredict 5 ns
L2 cache reference 7 ns 14x L1 cache
Mutex lock/unlock 25 ns
Main memory reference 100 ns 20x L2 cache, 200x L1 cache
Compress 1K bytes with Zippy 3,000 ns
Send 1K bytes over 1 Gbps network 10,000 ns 0.01 ms
Read 1 MB sequentially from memory 250,000 ns 0.25 ms
Round trip within same datacenter 500,000 ns 0.5 ms
Read 1 MB sequentially from SSD 1,000,000 ns 1 ms 4X memory
@olasitarska
olasitarska / pgessays.py
Created November 18, 2012 10:11
Builds epub book out of Paul Graham's essays.
# -*- coding: utf-8 -*-
"""
Builds epub book out of Paul Graham's essays: http://paulgraham.com/articles.html
Author: Ola Sitarska <[email protected]>
Copyright: Licensed under the GPL-3 (http://www.gnu.org/licenses/gpl-3.0.html)
This script requires python-epub-library: http://code.google.com/p/python-epub-builder/
"""
@jdmaturen
jdmaturen / company-ownership.md
Last active July 29, 2023 22:39
Who pays when startup employees keep their equity?

Who pays when startup employees keep their equity?

JD Maturen, 2016/07/05, San Francisco, CA

As has been much discussed, stock options as used today are not a practical or reliable way of compensating employees of fast growing startups. With an often high strike price, a large tax burden on execution due to AMT, and a 90 day execution window after leaving the company many share options are left unexecuted.

There have been a variety of proposed modifications to how equity is distributed to address these issues for individual employees. However, there hasn't been much discussion of how these modifications will change overall ownership dynamics of startups. In this post we'll dive into the situation as it stands today where there is very near 100% equity loss when employees leave companies pre-exit and then we'll look at what would happen if there were instead a 0% loss rate.

What we'll see is that employees gain nearly 3-fold, while both founders and investors – particularly early investors – get dilute