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How does it go from "The problem was that even if every warm lead invested the maximum plausible amount we’d still barely make it to $1M." on to: "PG advised
by thesis 13y ago
How does it go from
"The problem was that even if every warm lead invested the maximum plausible amount we’d still barely make it to $1M."
on to: "PG advised us to dream up some way of lowering our cap for our existing investors to get more takers, which would have been a hella-beta conversation to have and who knows whether it would even work because showing that kind of weakness is a major turnoff."
then: "And yet it ended up totally fine!"
-- all this fluff about sockless bearded russians, and apartments with track lighting but they left out the most important part?
BTW.. does track lighting in apartments state some level of wealth that I'm unaware of?
- tomlemon 13y agoI explain more in http://news.rapgenius.com/1901085 http://news.rapgenius.com/1901085 (Click the green lines FOR ANNOTATIONS)
- DannoHung 13y agoBut what's the deal with track lighting?
- dfc 13y agoI see track lighting and immediately assume a botched renovation job or if it is a new space they ran way over budget and then realized they needed lights in the room.
- jakejake 13y agoIt's funny, when I think of track lighting the first thing that comes to mind would be art galleries or renovated high-end loft spaces. I guess it must be whatever type of track lighting you're most used to seeing. I didn't know what the heck the OP was trying to indicate about track lighting either. Given the context I figured it was some type of insult about him being cheesy though, I didn't really understand it.
- dfc 13y agoI should have been more specific with my comment. It should have read "When I see track lighting in a residence...". Track lighting and art galleries go hand in hand for me as well. That being said high-end lofts are just as susceptible to crappy renovations or going over budget and forgetting to light a room. The way I see it lighting should either be a flourish of design (pendant lights in a kitchen / chandelier-esque hanging thing in a dining room) or not seen at all.
- jakejake 13y agogood point. I still can't figure out if the OP was trying to say that the "baller" track lighting indicated he was really rich (ala art gallery) or if he was really cheesy (ie, cheap condo renovation). Also mentioning $600 per night on AirBnB would seem to indicate that the place was swanky, seeing as how that's towards the high end even for San Francisco. I don't know what they were trying to say, I'm confused!
- dfc 13y agoAbout that $600 figure, if you click the text you get something closer to the truth: It was actually closer to $300 / night, but $600 sounds better