abannin

10 ms·

31.
by abannin 10y ago
"Below Market Rate" is in reference to a specific program in the City of San Francisco that subsidizes housing for qualifying residents based on income. New developments have to provide 30% of units for the program, but have a buy
32.
by abannin 10y ago
Downvoted with no comment! Oh, the irony.
33.
by abannin 10y ago
Correct, but the article is advocating that full time drivers capture rents from the market. This is justified by implying (without evidence) that Uber is engaged in rent seeking against the drivers.
34.
by abannin 10y ago
1) There is an assumption that Uber is not only profitable, but wildly profitable. There is no data to support this claim outside of Uber's press releases (obviously biased) stating "oh, yeah we just raised another billion but I p
35.
by abannin 10y ago
It's much easier to down vote something you don't want to be true than to engage in intelligent discussion. And to answer your question: everyone wants the benefits of economic efficiency but none of the costs. It's much easi
36.
by abannin 10y ago
This is a wonderful question for a lawyer.
37.
by abannin 10y ago
Surely $500M of retention incentives would be considered 'material' and require disclosure
38.
by abannin 10y ago
Great questions! Let's see if I can rephrase this: A company that is unable to generate a profit long-term has proven incapable of creating value for all stakeholders. So a company may be able to sell a product with a margin, but if th
39.
by abannin 10y ago
Great points, thanks for bringing clarity to a rushed comment. You're very right that increased competition could lead to losses. However, this is a short term destabilization with a maximum duration of capital reserves. It is the net
40.
by abannin 10y ago
Thanks for the response, vkou. Since the article was discussing a specific industry and company, and the OP responded by the incentives of companies, I figured it was safe to assume that the discussion did not involve coercion or charitable
41.
by abannin 10y ago
"A company that makes products for $5 and sells them for $5 may have a negligible stock price while creating an enormous amount of value" No profit means no value creation, the company is doing nothing. Profit isn't inefficie
42.
by abannin 10y ago
SF has a day limit (within certain conditions) but has no way to enforce it. Hence the recent actions to hold the platform accountable & AirBnB suing the city.
43.
by abannin 10y ago
The best managers learn what is important to their employees and figure out how to deliver it. Those employees will pay you back many times over. Invest in others, and they will invest in you.
44.
by abannin 10y ago
It looks like I don't fully understand the system. I suspect there is a need based system that supplements Social Security benefits if the recipient is below the poverty line?
45.
by abannin 10y ago
The data is misleading; many of comments reject the context of the question not UBI itself. Take Thaler's response: "This is a dumb question. We are not going to eliminate Social Security and Medicare etc." The survey is not
46.
by abannin 10y ago
Isn't Social Security just age restricted basic income? It seems strange to have UBI and then give citizens another check after they hit retirement age.
47.
by abannin 10y ago
Yes, but there is a tactical decision at play here. AirBnB seems to believe that it has a better chance of winning on privacy and user-generated content issues then state/local laws.
48.
by abannin 10y ago
In SF, 32 days or more is effectively long term.
49.
by abannin 10y ago
Ah, yes! Decreased property values are an externality! However, judging based on police dispatch or crime rates seems to rely a bit more on correlation than causation. It's pretty easy to argue that hotels are typically built in areas
50.
by abannin 10y ago
Wonderful point. Student housing is a great example of long term rentals with tenants that don't always respect the property or neighbors.
51.
by abannin 10y ago
Kinda surprised that no one is debating jurisdiction here. Why federal and not state courts? Are federal judges more friendly to this type of case?
52.
by abannin 10y ago
See my post above
53.
by abannin 10y ago
The analogy would imply that hosts should verify that guests have a license to rent. Last I checked, there is no license to rent. A much better analogy would be a franchisor has a responsibility to ensure a franchisee has appropriate busine
54.
by abannin 10y ago
I'm surprised that this argument gets so much traction without any supporting data. It just plays on fear. First, nothing you listed is an externality but rather direct results of poor behavior. An externality would be something like &
55.
by abannin 10y ago
The tutorials from Firebase are helpful, and Ray Wenderlich has some good content.
56.
by abannin 10y ago
It's not a question of where does the money come from, but rather how much. VC as an asset class is pretty small compared to stocks, bonds, etc and vehicles like mutual funds.
57.
by abannin 10y ago
If people choose to donate, isn't that just the market working?
58.
by abannin 10y ago
Thanks for posting this. I'm shocked at the lack of response to this issue.
59.
by abannin 10y ago
Does there need to be one? Yes, there is IFRS.
60.
by abannin 10y ago
Another interpretation of the same data is that GAAP is so bad at representing a company's operations that both investors and firms choose to not make decisions off the statements. I don't know of any company who, internally, live

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