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  1. Equity is Worth More Than Cash Because of Optionality

    By Peter Schmidt-Nielsen Against “you should treat equity as worthless” A common refrain I hear when folks talk about evaluating offers from start-ups is “you have to treat the equity as worthless”, and also to treat equity in larger companies as being ba…

  2. Cryptanalysis of Meow Hash

    By Peter Schmidt-Nielsen Meow hash Meow hash is a fast keyed hash function, on GitHub here.