Prelude is a technology company that hardens cybersecurity defenses. Organizations of all sizes can use our tools to run continuous security tests against their systems to discover areas of weakness to fix. We do that in a way that's safe, transparent, and integrated with existing defensive tools to allow organizations to get ahead of real incidents before they happen.
Our mission is to increase the reach, frequency and usage of advanced security for all organizations.
I'm the founder of the company - happy to connect with anyone, please email at jobs@prelude.org
I'm sure Scott is incredibly intelligent, and I have the utmost respect for A16Z, but this is a moronic, self-serving, bubble-mentality post.
Firstly, you seriously think that the middle class is being eradicated due to the fact that they can't invest in private market companies early enough? You believe that most of the middle class has their investable cash at the ready, but is being limited by IPO listings?
No one will argue that IPO times need to come down and we don't need overvalued companies bloating up the stock market. But you are making the presumption that the investable upside of private companies outweighs those that are available in the public market. I'll take 10 shares of BRK any day over some random Ponzi scheme tech startup, thx.
The average returns in the venture market underperform the S&P, which is not constrained to purchase. And the S&P is not exactly everyone's first choice. The issue is not access to private companies, it's access to 1) knowledge, 2) investable cash and then 3) comparable opportunities.
If the issue is that getting access, both on the private and public side, to liquidity sooner than we are currently seeing, I agree. But it has very little to do with the middle class. The title is just linkbait.
Moreover, he believes that individual middle class investors will be able to invest and compete for returns with venture professionals, whose returns as you point out are not even as good as S&P 500 index funds.
I totally agree with you. In terms of not getting the original content not getting the recognition it deserves, this is exactly right. We write a lot of original content, that unless it gets many votes very quickly, does very little on HN. And often someone may link to it, or re-blog later on and get credit.
When it comes to videos, especially TED talks, etc... we try and put up really high quality stuff that our readers will appreciate. Is it fair that we can get traffic off of other people's work sometimes? Probably not. TED talks, and this video from today are a tremendous amount of work and we should probably not always link to our blog.
I will say, however, that on HN, I have more than just this one account. My other "dummy" accounts are used to submit others content etc... Although this account can start doing that as well. Anyways, thanks for the comment, it is very true.
