JonFish85

8 ms·

31.
by JonFish85 9y ago
The footnote kind of explains this: "Net loss for the nine months ended September 30, 2017 includes $2.5 billion of stock-based compensation expense, primarily due to the recognition of expense related to RSUs with a performance condit
32.
by JonFish85 9y ago
Speaking only anecdotally, friends who complain the most about college loans are the ones who took out massive (~$100k) loans to go to private schools. With some exceptions, private schools are likely not to be worth the extra money; proble
33.
by JonFish85 9y ago
If the only thing standing in the way of a student continuing on Graduate or PhD studies is grant money, they shouldn't have trouble finding a job. In that case, if the university wants to attract those students from the private sector
34.
by JonFish85 9y ago
No, it won't. The sensationalism all around is just infuriating; I know it's basically politics in a nutshell, but this sort of crap is getting really old. It's not going to destroy higher education; it might raise the bar a
35.
by JonFish85 9y ago
Because there is so much more money in the “ordinary workers and students” subset of society than there is in the top 0.x%.
36.
by JonFish85 9y ago
"I feel like the fury over it is very reactionary." I think this is the current boogey-man to go after. I think it's a useful tool for politicians (DNC, Hillary Clinton, Democrats and Republicans - none of them wanted Trump w
37.
by JonFish85 9y ago
Remember that the Chinese government doesn't have to deal with a lot of what the United States' government does have to: things like local governments and our election system. Our government is not set up to move quickly (by desig
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by JonFish85 9y ago
Alternatively: the bubble is inflated with wealthy oil sheiks’ money, and transferred to upper middle class workers. Edit: a word
39.
by JonFish85 9y ago
> "What causes the common stock to "evaporate" exactly? Is this a side effect or is this intentional?" This would mean something like paying exactly what the valuation at the last round was, such that it'd cause
40.
by JonFish85 9y ago
If "the number" is, say $220m, it could be a number of things. If it's cash today, others have done the math on how things could get divvied up. The "top line" number can mean a lot of things though; it almost certa
41.
by JonFish85 9y ago
The short answer is probably that if Twitter were to ban Trump, they'd face an enormous backlash from folks who take it as suppression of political opinions. It's a blessing and a curse for twitter, I'm sure -- having Trump t
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by JonFish85 9y ago
$1.5m, and seemingly a team of somewhere between 18 and 27 people, they're going to need more funding. If they're paying $5k/person/mo (assume for now this includes things like taxes and overhead), that's one year&#
43.
by JonFish85 9y ago
"Trump cited 100% - labor force participation rate as a measure of unemployment, which is complete nonsense because it counts people who are full-time students or who are disabled as unemployed." Perhaps the point here is that wha
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by JonFish85 9y ago
Well, for starters, there's the image part of it: the higher the top-line number, the more prestige comes with that. Then there's the potential that the founder has taken money off the table (giving up on-paper money for cash), so
45.
by JonFish85 9y ago
Isn't Medium struggling in its own ways, cutting costs & laying people off? If it was a Twitter product, I imagine the stockholders would want it shut down, seeing it as a distraction to the main Twitter product.
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by JonFish85 9y ago
"If you can save $10 by paying $5, and your argument for why you won't do it is that it costs too much, I'm going to tell you that you need a math course." It's not simple math though, it's politics and project
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by JonFish85 9y ago
In a word, the answer is still "cost". You can try to dance around it and talk about how " A single-payer program would inevitably incur additional taxes, but the overall health care costs would be lower for most people and b
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by JonFish85 9y ago
Or set up the stock plan in such a way that you're untouchable (e.g. Snapchat's Evan Spiegel).
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by JonFish85 9y ago
And to add to this, it's impossible to predict the future. Even if you are privy to all relevant details to come up with an accurate "value" to attach to your shares, you have no idea what sort of deals will be made in the fu
50.
by JonFish85 9y ago
"Startup companies take a long time to build so that 10% will make it tough to hire and build a team over 7 years because there is only so much equity to go around." Is it still generally the case that the entirety of the options
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by JonFish85 9y ago
"a fiduciary duty to non-employee shareholders" I believe this is fairly difficult to prove in court. It happens pretty commonly; it's not super hard to dilute someone out if the company wants to. In fact, it's probably
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by JonFish85 9y ago
"Their new profitability gives me some measure of confidence" "Profitability" can mean whatever you want it to mean at a given moment. In this particular case it's closer than a lot of measures, but it's still
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by JonFish85 9y ago
If generally an employee stock option pool is ~5% of the company, then why is it worth spending time optimizing for that by firing people before stock vests? I suppose it'd be possible that management/investors view the employee o
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by JonFish85 10y ago
"California is almost certainly going to break off from the larger United States in our lifetime." What?! That won't happen.
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by JonFish85 10y ago
Unprecedented? It happened with George W. Bush not long ago...
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by JonFish85 10y ago
If everyone gets 2x shares/options, there's no change in ownership -- someone lost out, otherwise they wouldn't do it. And preferred shares are tickets for the front of the line, and quite possibly with onerous terms that are
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by JonFish85 10y ago
> golden hand cuffs Those aren't really worth much anymore -- once you hit a bump in the road, employee options are the first things to be wiped out. If investors received a larger share as has been reported, it's in preferred
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by JonFish85 10y ago
And insurance premiums, and ADA-compliant housing...
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by JonFish85 10y ago
> "eroding everything we believe in." > "the Muslim ban" This sort of exaggeration probably doesn't help anyone.
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by JonFish85 10y ago
>> Uber only uses subsidies when trying to break into new markets to expand. If they stopped expanding, they would become profitable rather quickly. Are you sure that's true? That sounds like the marketing speak that Travis K. sp

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