7Figures2Commas

8 ms·

31.
by 7Figures2Commas 11y ago
> It's really because as I age I will be able to afford the comforts and convenience I've grown quite fond of. I will be able to take care of myself and loved ones in emergencies and afford insurance. You seem to be making a nu
32.
by 7Figures2Commas 11y ago
I would tell my 20 year-old self to ignore any advice from my 30+ year-old self.
33.
by 7Figures2Commas 11y ago
The big question for all of the companies that want to be the last mile: can they run sufficiently profitable businesses without classifying their workers as 1099 employees? Mark my words: most of the "on-demand" startups that a
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by 7Figures2Commas 11y ago
> Whereas companies like Splunk or Hortonworks it's pretty much predictable how they will keep making money... Huh? Neither Splunk nor Hortonworks are profitable.
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by 7Figures2Commas 11y ago
Which is the point: the OP is clearly confused about how this works, which is why he should retain experienced counsel.
36.
by 7Figures2Commas 11y ago
> ...most seed companies aren’t actually burning that much money. A lot can be done today with a small team and $50,000 a month. > In many of these cases, the founder simply didn’t raise enough to hit the milestones they promised. Pro
37.
by 7Figures2Commas 11y ago
Answer: retain experienced counsel to assist you. > I just got an offer from a late-stage startup, that is offering me a small number of shares at a strong price (the latest valuation is already 2x the strike price I would get). If you a
38.
by 7Figures2Commas 11y ago
> uBeam promises it will being showing demos to people outside of its team, investors, and partners next year. In May 2012, more than three years ago, Michael Arrington, who participated in uBeam's seed round through CrunchFund, wro
39.
by 7Figures2Commas 11y ago
This Matt Henderson[1], who is the "Chairman & Chief Executive Officer at Juhász & Associates, LLC", "a digital branding agency passionate about genuine and sincere human engagement," has been retweeting Rumblr&#
40.
by 7Figures2Commas 11y ago
I really hope so. If it is, the creator needs to drop better hints because clearly the absurdity of the concept in and of itself is going to be lost on most people, as the VentureBeat post demonstrates. The registrant email associated with
41.
by 7Figures2Commas 11y ago
> ...it's just that the internet has democratized the technologies used to ask randoms for money. You hit the nail on the head. You can fool all the people some of the time, and some of the people all the time. Services like GoFundM
42.
by 7Figures2Commas 11y ago
1. Since when did "tech company" come to mean "non-startup"? Lots of startups are by definition technology companies. 2. Many people in the Bay Area are employed by angel and venture-backed startups, so how does it make
43.
by 7Figures2Commas 11y ago
> Multi-billion dollar companies happen when non-obvious ideas and huge market needs meet perfect execution. We've seen it before our eyes — Uber, Airbnb, Dropbox, Stripe, Instacart... It's kind of funny to see some of these co
44.
by 7Figures2Commas 11y ago
You can probably find IRR figures. But there's a wise saying in private equity, "You can't eat IRR."
45.
by 7Figures2Commas 11y ago
> Believing spending well under one engineer's annual salary made a bad outcome more or less likely is nothing other than dumb. Now you're being obtuse. It is the cumulative effects of leadership having out-of-whack prioritie
46.
by 7Figures2Commas 11y ago
> But my question: where is the evidence that tech companies are not able to be profitable with their high payroll costs? You could look at the growing number of layoffs at post-seed stage companies[1]. Or you could look at startups that
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by 7Figures2Commas 11y ago
> He probably spent hours (invaluable hours!) thinking about those ceiling panels. When you run an unprofitable company that subsists on investor money, every single hour of leadership's time is invaluable. > I dunno, should th
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by 7Figures2Commas 11y ago
I consult in this space. A few points: 1. Square provides merchant cash advance. This is not a loan. 2. Payment processors like Square have knowledge of a company's credit card receipts but cannot determine a company's cash flo
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by 7Figures2Commas 11y ago
It doesn't matter how much it cost. It's about priorities. If you watch the video and get the sense that this company's founder has his priorities straight, maybe you can chip in and buy the next set of panels. On second thou
50.
by 7Figures2Commas 11y ago
> However Square believes they can do this better than other services because they can effectively secure the advance by taking a piece of each card swipe at the merchant's point of sale system. Payment processors have been active i
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by 7Figures2Commas 11y ago
There are a growing number of layoffs at post-seed stage startups (Gumroad[1], Zomato[2], Flipagram[3], Good Eggs[4], Famo.us[5], Quirky[6]), many of which have raised sizable rounds from prominent VCs. It's hard to see a light at the
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by 7Figures2Commas 11y ago
"One of the things I wanted to sort of like inspire people with that worked here is you always feel beautiful while you're here." Those are the words of the chief interior designer himself. Bottom line: this company crapped o
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by 7Figures2Commas 11y ago
> I said there's nothing wrong or particularly wasteful with the office. Just because you said there's nothing wrong or particularly wasteful with the office doesn't mean others agree. Outside of bubbleland, most people
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by 7Figures2Commas 11y ago
Yeah, I don't see what's wrong either. The CEO is a fantastic interior designer. And his LinkedIn self-summary[1] is a real piece of art in its own right. I find it hard to believe any of what this former employee wrote[2]. [1] h
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by 7Figures2Commas 11y ago
GSV Capital (ticker: GSVC) is an investor in Lyft. As of June 30, its investment in Lyft represented 2.9% of its portfolio. Alibaba (ticker: BABA), Rakuten (which is listed on the Tokyo exchange) and Tencent (which is listed on the Hong Kon
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by 7Figures2Commas 11y ago
Thanks for the clarification. I'm assuming you probably can't help me find a sarcasm detector for $640?
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by 7Figures2Commas 11y ago
> Thus, the extrapolation that they have no idea where any of the total budget went. This is patently false. We know where the money went. Toilet seats. Lots and lots of (very comfortable) toilet seats[1]. [1] http://articles.
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No Credit? No Problem as Auto Lender Taps Subprime Bond Appetite(bloomberg.com)
1 points by 7Figures2Commas 11y ago|0 comments
59.
Oak Investments: The Rise, the Fall and the Rogue(institutionalinvestor.com)
1 points by 7Figures2Commas 11y ago|0 comments
60.
Why the Story Failed at Valeant and Theranos(bloombergview.com)
2 points by 7Figures2Commas 11y ago|0 comments

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