cbtacy

11 ms·

1. 61.▲
   by cbtacy 4y ago

   Enron....
2. 62.▲
   by cbtacy 4y ago

   They had no real board. They had no real governance. What's amazing is that large venture funds would put this much money into this kind of company without any board seats.
3. 63.▲
   FTX US Warns of Trading Halt(coindesk.com)

   1 points by cbtacy 4y ago|0 comments
4. 64.▲
   by cbtacy 4y ago

   So... money laundering and drug deals (again) are the only valid use cases?
5. 65.▲
   by cbtacy 4y ago

   Among other things, he perjured himself in front of Congress.
6. 66.▲
   by cbtacy 4y ago

   ding ding ding! we have a winner!!!
7. 67.▲
   by cbtacy 4y ago

   This would like result in a 5 year "nuclear winter" for crypto VC FYI.
8. 68.▲
   by cbtacy 4y ago

   That sounds very frustrating and difficult. I'm really sorry. Do you have good professional care? Are you in a safe place?
9. 69.▲
   by cbtacy 4y ago

   "Cybertruck"
10. 70.▲
    by cbtacy 4y ago

    Can we now, at long last, kill the myth that Elon Musk is a business genius?
11. 71.▲
    by cbtacy 4y ago

    Former NYT writer here.... NYT, as far as I know, has always had a "top-down" directive that coverage be critical. That's, you know, the job of journalism and all. Non-critical pieces are opinion, not reporting.
12. 72.▲
    by cbtacy 4y ago

    THANK YOU!!!!!!
13. 73.▲
    by cbtacy 4y ago

    Ummm... no. Fully burdened costs is total cash comp plus between 25% and 35% as a general rule in the US.
14. 74.▲
    by cbtacy 4y ago

    That is not universally true. Sometimes it works like that, sometimes it doesn't. Depends on the buyer and given that this particular buyer doesn't seem interested in respecting legal contracts, I wouldn't be confident that i
15. 75.▲
    by cbtacy 4y ago

    Nothing that is going on at Twitter is "normal"
16. 76.▲
    by cbtacy 4y ago

    Mozilla Foundation (non profit org doing this 'venture fund') != Mozilla Corporation (folks who build firefox)
17. 77.▲
    by cbtacy 4y ago

    Mozilla Foundation (non profit org doing this 'venture fund') != Mozilla Corporation (folks who build firefox)
18. 78.▲
    by cbtacy 4y ago

    Thank you!! People constantly conflate the Mozilla Foundation and the Mozilla Corporation.
19. 79.▲
    No, Elon Musk did not fire the CEO of Twitter “for cause”(bloomberg.com)

    7 points by cbtacy 4y ago|1 comments
20. 80.▲
    by cbtacy 4y ago

    Right now, anyone who joined Facebook in the last 5 years is underwater on their options.
21. 81.▲
    by cbtacy 4y ago

    Revenue miss, and revised revenue guidance even worse. Revenues down 4% YoY yet costs up 19% YoY. Profits down 50% YoY. Users flat. Average ad price -18% YoY. Capex 2x+ YoY. Added 19k employees (+28% YoY). Costs expected to grow from ~$8
22. 82.▲
    by cbtacy 4y ago

    Thank you.
23. 83.▲
    by cbtacy 4y ago

    For those who are (truly) interested in the topic, bothered to read this whole article, and want to know more - the seminal work on the subject is https://megafirebook.com/
24. 84.▲
    by cbtacy 4y ago

    I suggest you read this. It's the seminal work on the subject. https://megafirebook.com/
25. 85.▲
    by cbtacy 4y ago

    No. But there are obviously places where humans simply should not live, and we should respect that.
26. 86.▲
    by cbtacy 4y ago

    So you're saying that protecting property is more important than a sensible fire policy?
27. 87.▲
    by cbtacy 4y ago

    Flailing about? And of course what they were doing was NOT true light field display.
28. 88.▲
    by cbtacy 4y ago

    This is the absolute best analogy I've ever seen for this situation. Kudos.
29. 89.▲
    Facebook and Instagram's Problem with Violent Sexual Content(forbes.com)

    3 points by cbtacy 4y ago|0 comments
30. 90.▲
    by cbtacy 4y ago

    No. And your bias is showing.