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Ask HN: How much equity is fair?
Hi, I'm a senior engineer with 8 year experience and a PhD. I'm considering joining a startup as one of the first 10 employees, how much equity will be a fair amount?
He doesn't seem to have any concrete prototype yet. And it's hard for me to conclude that he is familiar with the tech his company wants to explore. But he said he is confident the company will be sold to other companies in less than 2 years.
Is this something I should be cautious about? I seemed to read somewhere, a startup planning an early sell is not a sincere business?
https://gdpr-info.eu/
As an engineer, I found it is very difficult to translate from the regulation text to code, to actual implementation.
Taking the following statement as an example:
https://gdpr-info.eu/art-5-gdpr/
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(Personal data shall be) processed in a manner that ensures appropriate security of the personal data, including protection against unauthorised or unlawful processing and against accidental loss, destruction or damage, using appropriate technical or organisational measures (‘integrity and confidentiality’).
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"In a manner". In what manner?
What's "appropriate security" and "appropriate technical measures"? How to interpret it? There seems to be much flexibility?
Every website has some security measures to protect data to certain degree. How do I know if that's "appropriate" or enough to meet GDPR?
Do I need symmetric encryption? Or Do I need asymmetric encryption? Which kind of crypto hash is considered "appropriate"? What if I use a database which is insecure by flaws, but I don't know or don't have the technical strength to know it? What if encryption on my backend caused performance penalty? What if I run a hosted, non-profit BBS based on certain open source BBS program that might be insecure? Should I patch the server with OS Update JKB8948, which is known to fix a security hole but opens another? is it an "appropriate measure"?
I found this regulation put too much burden on small businesses. Just to understand this GDPR text may require consulting cost. What if this law will be abused as a tactic to attack business competitions? I'm worried.
How do you understand this "security appropriateness" of the above text? How can you be sure your understanding is correct?
If you have a strong career ambition and have also raised a big family (more than 1 kid, and spouse doesn't work), do you feel that family is a career obstacle or a booster?
In the middle of your life, have you regretted about your choice and wondered what life would be like if you had chosen the other option?
Do you think, as an entrepreneur, a family is a necessary part of your life to hold you together when you fall? and to have a purpose to entrepreneurship in the first place?
I do not have a family yet. But I'm at the right age (if not already late) to form a family and I'm facing life choices.
I have talked with few close friends who are also young parents. Their ambitions seem to be exhausted by their kids and family. As an example, one of my friends told me, the only time he has on his own is after 10pm, as he needs to put his kids into bed first. And often before he has done it, he is too exhausted and fall asleep first.
This is a life I fear a lot. I have a strong ambition to be a good entrepreneur, but my partner would like a big family. Can our goals still meet?
I know many successful entrepreneurs have a harmonic (Zuckerberg, Gates) family too. But those entrepreneurs started early in their life during their 20s. They had accumulated lots of resources before forming a family. With those resources, they have less pressure.
What do you think?