SeoxyS

46 ms·

181.
by SeoxyS 11y ago
As a fellow Swiss living in San Francisco, one of the most depressing things is just how hard it is to find good healthy food in America, and find the delicious food I was used to. Mostly: good bread, saucisse au choux, müsli, good milk, ce
182.
by SeoxyS 11y ago
Certain airlines (e.g. Norwegian) do this. It's usually a more unpleasant experience because you can't use a jetway and have to use the stairs and be exposed to the outside elements. Jumbo jets also often have multiple jetways (e.
183.
by SeoxyS 11y ago
The USA is not a democracy, it's a representative republic. That's the fundamental difference which means that you can't simply go to the ballot box to fix something. You can go to the ballot box to support people who you bel
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by SeoxyS 11y ago
You can't short stock right after an IPO, and cannot trade options for a while either.
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by SeoxyS 11y ago
Sure. I think that's fine; as long as people aren't losing money on taxes or exercise price. Equity compensation should always be viewed with the appropriate grain of salt—it's an investment, and most likely won't pan ou
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by SeoxyS 11y ago
That, plus they've probably been granting RSUs for a while, which do not require being exercised and which cannot be underwater,
187.
by SeoxyS 11y ago
Don't forget state income tax. In California this tops out around 12% or so. State + federal adds up to over 50% total.
188.
by SeoxyS 11y ago
The US tax rate is hardly lower… if you live in San Francisco and are in the top bracket, you pay 50%+ tax rate if you don't make an effort to minimize (aka dodge) your exposure.
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by SeoxyS 11y ago
I tip before getting my order at coffee shops where I'm a regular, and where I like and know the people who work there. Other coffee shops, I don't tip. I'm a good tipper at sit-down restaurants (restaurants where a check is
190.
by SeoxyS 11y ago
That's about double the minimum wage. I'm sure a lot of people live here on less than that. Sure, they're not paying downtown market prices for housing… but a rent-controlled unit in the sunset doesn't sound implausible.
191.
by SeoxyS 11y ago
This #PorteOuverte hashtag thing would be cool, if there weren’t a million people talking about how awesome the hashtag is, drowning out the ones actually offering shelter. I browsed through 20 pages of tweets with the hashtag, and only one
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by SeoxyS 11y ago
Would probably be a lot easier in Google Sheets with cut and paste.
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by SeoxyS 11y ago
> They are often bootstrapped, frequently for lack of other options. The key thing that people don't understand is that investors only make money if you're trying to "revolutionize unicorns." In other words, so many
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by SeoxyS 11y ago
What makes this project incredible is how it is dug at the base of the mountain, instead of higher up. That makes it the deepest tunnel, dug under 2,500m of rock at its max. When you have almost two miles of mountain weighing down on you… p
195.
by SeoxyS 11y ago
That's just economics. Demand in the US for thanksgiving travel goes through the roof. Airlines don't magically have more planes to fly during the holiday (i.e. supply is fixed). The result: prices adjust upwards and force more pe
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by SeoxyS 11y ago
Do you have any references on this? Would love to learn more.
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by SeoxyS 11y ago
More like: robber has $1000 to his name, robs the liquor store for $500; avoids criminal charges by paying $750 restitution. (The article mentioned half of the account balance, not half of the amount of taxes owed.) But the real difference
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by SeoxyS 11y ago
Swiss-Style has nothing to do "being in the style of Switzerland." Rather, it refers to the "Swiss Style" aka "International Typographic Style," a school of graphic design. More info: https://en.wiki
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by SeoxyS 11y ago
Seriously? I'm one of those people who is here on an O-1 visa, which was obtained mostly through a series of recommendation letters from "famous" VCs and tech CEOs and a few press mentions. Looking into applying for the EB-1
200.
by SeoxyS 11y ago
It's legal, not because the stock has no value, but because the spread (i.e. the difference) between the strike price of the option (e.g. $0.01/option) and the stock's value (e.g. $0.01/share) is $0. That's the prof
201.
by SeoxyS 11y ago
If I understand the rules correctly, an ISO that is exercised more than 90 days after leaving a job is treated as an NSO, which means that it will be taxed at regular income tax rates instead of having the ability to be taxed at long-term c
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by SeoxyS 11y ago
A preference is just a term on the investment. They could be mixed. It can get pretty complicated. Take this scenario: (A) Series A non-participating 5M, (B) Series B non-participating 10M, (C) Series C participating 10M, owns 25%. Founders
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by SeoxyS 11y ago
Right, that's what a non-participating preference is. The first example I gave. Luckily, that's how most preferences work these days.
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by SeoxyS 11y ago
The section about "Underwater Options" is describing what would happen assuming a Participating Liquidation Preference. It's a little misleading, because the vast majority of liquidation preferences nowadays are non-partic
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by SeoxyS 11y ago
The Swiss Government has been selling 10-year notes at a negative yield of -0.055%. People are willing to pay Switzerland to store their money. http://www.wsj.com/articles/switzerland-first-with-10-year-b...
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by SeoxyS 11y ago
I don't think the difference between 1995 to 2005 and 2005 to 2015 is a factor of 10x. Looks pretty linear over the last 20 years. The big innovations of this decade is the smartphone and Uber. Last decade had WiFi, ubiquitous internet
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by SeoxyS 11y ago
> Fuck you Jack Dorsey > So, Steve Jobs wannabe, stick to your pixels. You don't know what you're talking about. This attitude turned an eloquent message about how great the Bay Bridge is into a negative downvote-worthy comm
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by SeoxyS 11y ago
This article can't even get basic geography right… (no, Stripe is not in Soma, it's in the Mission). And that's just the tip of the iceberg.
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by SeoxyS 11y ago
Liquidation preferences are a hugely important term that protects investors from being screwed over by founders. Without it, nothing stops an unethical founder from raising 800k at a 8M cap, and turning right around and letting the company
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by SeoxyS 11y ago
How did you earn the 100k miles required for EXP in one round-trip to HKG? That can't possible earn more than 20k miles at the most… did you already have 80k miles for the year?

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