This might be a dumb question, for which apologies in advance, but isn't 200 million a little low for a company with $ 50 million revenue? But maybe not, -- the profit is say $20 million and the acquirers are paying 10 X annual profit?

It's not a dumb question.

But what I learned in this process is that companies are valued after incorporating many factors (liquidity, earnouts, future involvement, growth rate, profit, retention, current market mood, etc. etc.) and multiples we see reported in media are obviously sit at the outlier curves.

I got a good deal overall (not just monetarily), and that's what I was shooting for.

Annual growth rate is typically a big factor in PE acquisition multiples. At a 4x multiple of ARR, I’d hazard a guess that this was on the lower side.

at $20mil profit, that's a 40% margin, which is quite high, even for a tech company (tho for a startup, which can be nimble and agile, it's not impossible).

"Kingdoms of Faith" by Brian Catlos is an excellent book about Al Andalus, from the Arab invasion to the fall of Granada (the aftermath is not covered extensively).

wow! the YC application has changed quite a bit since the early days. Employment history and "Should you be selected for interview, we may ask for references"!

Tamil Brahmins usually use the father's first name as the last name for the child.

so wheras in the North, you'd have Narayan Sharma's son being named Vishal Sharma, in Tamil Nadu Sriram Narayan's son would be Vishal Sriram.

So yes, the system does exist

Due Disclosure: South Indian, not a Brahmin, but I have many friends whose names follow this system.

The British introduced that system, aligned on the Western European system (not everywhere, though, Iceland is an outlier). That's why you have people like Padmasree Warrior, one of her husband's ancestors put his profession as his last name when the British asked for one, and it stuck. Then again, many English surnames are also based on profession, one of Jimmy Carter's ancestors literally made carts.

https://en.wikipedia.org/wiki/Variar Is a caste who have traditionally rendered temple services. it is not related to the english word or meaning warrior. The caste name also differs from region to region. I am not sure if the person you mentioned is the same caste or a different one.

Caste does not say your ancestors did that job, caste meant a person from a particular caste could only do that job and could not take up other jobs, people from other castes could not take their jobs and were disqualified because you were not born in a particular list of families. Some castes were prohibited from getting an education and were killed for this.

What helped me get a grip on learning mathematics was learning to prove theorems.

Working through Daniel Velleman's book "How to Prove It" (the only pre requisite is that you can understand boolean logic, which programmers have no problem with), and then a Set Theory book (I used Enderton) set me up to tackle (proof based) Linear Algebra, Analysis etc.

Just my personal experience. Hope this helps.

I think theorems already presuppose some basic understanding of algebra, but I might be wrong.

It really depends on what OP actually knows and how deep he wants to learn and in what direction

I wonder about this myself. I've always had a much easier time learning things that makes sense from first principles rather than something that I need to just take for granted, the latter being the case with the first 12 years of my own math education. The latter is much more difficult to form a mental model around.

Would it be possible to teach mathematics by theorem proving ab initio? I guess conventional algebra would be hard to digest for a first grader, but I maybe something like the Peano axioms can be thought of as rules for a game that the students can play, where subsequent arithmetic lessons will be about finding shortcuts to the tedious application of the rules in order to solve problems.

Zerodha built a market leading company with conservative tech choices, about 30 devs, and no VC funding. Conservatively estimated to be worth about $2 billion, last I checked.

Very hard to pull this off, especially in a market like India, with a lot of stupid money folks chasing companies with flimsy / non existent business models.

Thanks for this. "Proof idea" is a phrase that concretizes a vague intuition I had about something that exists between a theorem and it's proof

Which system of Chi Kung(if you don't mind) ?

Shaolin Wahnam - been at it for about 17 years now. :)

We don't have a syllabus for Chi Kung but here's a list of some of the groups of exercises taught and some brief theory as to their uses: https://shaolin.org/general-2/five-animal-play/play09.html

I mostly stick with 4, 11 and 12 on that list - find the more advanced things still a bit overwhelming for more than occasional practice.

Happy to provide more detail if you are interested.

I have a few questions but you don't have your email in your hn and profile. :-)

Sent you an email.

Replied!

Imagine if Joe Biden's photo was on every vaccine card issued in the USA!

The coronavirus relief stimulus checks in the US had Trump's signature on them.

that makes sense. Trump and Modi have much in common.

Congratulations Spenser!

From the YC article

"But, in fact, they rather quickly settled on a different problem space that they understood deeply and which immediately resonated with their batchmates. It was also a problem for which the market had not yet, in Spenser and Curtis’s opinion, come up with a great solution. Their chosen target was, of course, mobile analytics. This, it turned out, was precisely the right idea for the team. "

How did you come up with/converge to this idea? what was the thinking process? TIA