abb1234etric

3 ms·

1.
by abb1234etric 5y ago
A rare situation where everyone feels like they came out ahead. The us govt gets to say they clawed back 7bn in taxes. And rentec gets to keep the gains from having invested the 7bn for close to a decade at their absurdly high rate of retur
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by abb1234etric 7y ago
I am the Founder/CEO of SimplyWise. We are hiring a tech lead based out of NYC. We are well capitalized and have plenty of runway to get through the the next few years. SimplyWise is empowering better decisions for modern retirement. A
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by abb1234etric 8y ago
Yeah if that is true then the business is inherently unprofitable and they are just playing accounting gimmicks to obscure this simple fact.
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by abb1234etric 8y ago
Does anyone understand what goes into Ubers sales and marketing expense? It appears they are spending roughly 500mm a quarter on this line item which is enough to eat up most of their entire gross profit. Are their high Sales and marketing
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by abb1234etric 8y ago
I'd be shocked if RH can eventually launch this product in any form. People on HN seem to think its a marketing issue, but it isn't. The problem with the product is much deeper. The core issue is that there is no way right now to
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by abb1234etric 11y ago
At the minimum they'd have to change their name and probably do a huge down round if they need to raise more money.. Also, is the CEO really going to want to run a traditional lab that has little competitive advantage over their compet
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by abb1234etric 11y ago
Good place to make sure you aren't asked any hard questions.
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by abb1234etric 11y ago
This seems to me to be the most premise summary of what likely happened. Startup raises a ton of money for a new model that isn't ready yet.. so they use existing machines to fake it till they figure out how to get the Edison machine t