charlesdm

7 ms·

31.
by charlesdm 6y ago
I have no idea, that's why I am asking. I'm hoping someone could clarify with decent knowledge on the matter. I vaguely remember this story (from years ago) about a drug or vaccine during the 70s, where apparently everything was f
32.
by charlesdm 6y ago
This is great and all, and I'm not against vaccinations, but is this safe long term? Am I the only one here who doesn't want to get inoculated in basically the first batch?
33.
by charlesdm 6y ago
Sure, e-mail is in my profile!
34.
by charlesdm 6y ago
All the developers I have talked to tell me it's a waste of time and money, for the most part. It's more of "sure, why not" channel. But if someone has different experiences I would be happy to hear them.
35.
by charlesdm 6y ago
You'll get destroyed in reviews. It's horrible. It's a shitstorm you know will come when you make the change. I actually agree that plenty of apps don't warrant a subscription. Do you want to end up paying a monthly fee
36.
by charlesdm 6y ago
As someone who has made indie Mac apps for a living, it's a tough market. I've done well and made good money on my own, but launching a new Mac only desktop product these days without a subscription component is hard. Launching on
37.
by charlesdm 6y ago
There is also a tax benefit in the US. A lump sum payment is taxed as capital gains, vs an annuity which will be normal income.
38.
by charlesdm 6y ago
I'm not US based, but just curious. What happens to that capital, is it just sitting in a bank account waiting to be dispensed? Could you invest or loan it to other companies you control at market rate for other purposes?
39.
by charlesdm 6y ago
Same here!
40.
by charlesdm 6y ago
I'm not an expert on AWS, but can't you use all those services without AWS?
41.
by charlesdm 6y ago
Startup investing isn't private equity. Private equity is acquiring a profitable company with limited equity and a pile of debt, paying it down, and selling it at a profit.
42.
by charlesdm 6y ago
This is amazing. I'm writing this down for when I have kids!!
43.
by charlesdm 6y ago
All great, until I got to the end. The easy money drying up? The FED has injected $3tn into the markets in two weeks. Assets are being propped up across the board. People who are not asset holders are getting screwed here, because salaries
44.
by charlesdm 6y ago
I don't agree with it, but the reasoning goes like this: It makes sense for both parties because for the seller the investment gains from the capital they're getting from this transaction will be similar to what they're makin
45.
by charlesdm 6y ago
Depends on the tax and accounting laws of your country, but generally the taxable event happens when you invoice. So I'm doing accounting in EUR and invoice 10,000 USD. For accounting purposes my 10,000 USD gets converted to EUR on the
46.
by charlesdm 7y ago
Mind, for a VC. A VC needs at least 100x on their investment. You don't realistically get that unless you invest very very early or you exit to a strategic acquirer, and most acquisitions aren't by strategic acquirers. That stake
47.
by charlesdm 7y ago
But lenders take a different risk. They don't share in the upside. I can borrow $100m against assets for next to nothing. You can't raise the same amount of equity for next to nothing -- equity investors are generally looking for
48.
Open Source Against Covid-19(opensourceagainstcovid19.org)
3 points by charlesdm 7y ago|0 comments
49.
by charlesdm 7y ago
If anything, depending on the market the risk is that the house actually goes down in value.
50.
by charlesdm 7y ago
At the end of the day it depends on what your risk appetite is. We've been on quite the bull run so in that regard I would say no, but given rates are super low and mortgage debt is cheap to come by (barely covers inflation), I honestl
51.
by charlesdm 7y ago
I'm based in Europe but together with a partner I'm a buyer of small tech businesses. We have bought businesses so are credible and are always interested in buying more. We could pay $8m if an interesting business came along. The
52.
by charlesdm 7y ago
This is excellent advice
53.
by charlesdm 7y ago
^ Totally agreed. Key is to see them as a partner, not someone just handling the legal side. You actually want a lawyer who keeps the end goal in mind, and doesn't just want to protect their client at all cost. On some of the key terms
54.
by charlesdm 7y ago
An alternative is to sell them IP. Whether they're interested in that is another thing, but if your employment contract doesn't contain relevant clauses that automatically transfer IP ownership to your employer, it also doesn&#x27
55.
by charlesdm 7y ago
If this isn't a situation to consult a lawyer on, then I don't know what is. He needs an IP lawyer with notions of employment law of the jurisdiction he's in. If a company wants to formally acquire the rights to the IP.. it&#
56.
by charlesdm 7y ago
Agreed, this is a legal issue. Consult a lawyer. DO NOT SIGN ANYTHING! If they insist, let them know you are consulting with a lawyer. If they pressure you to sign documents then consider that they don't have your best interests at hea
57.
by charlesdm 7y ago
The investors. If you give a loose cannon many billions of dollars, who is at fault? But yes, normal employees are paying the price here.
58.
by charlesdm 7y ago
Thing is you don't want to sell to a nontechnical owner. I've sold apps in the past where it all just died, because the purchaser did not put in any effort. You want to sell to a party who will run it as if it was their own produc
59.
by charlesdm 7y ago
This reads exactly the same as "I want this girl, but she has a boyfriend". And the answer is exactly the same: you likely can't -- maybe you can, or maybe you can't, but you'll end up wasting a whole lot of time an
60.
by charlesdm 7y ago
Same opinion here. I've met many nice and many not so nice people over the years, both rich and not so rich. But in my view both are not really correlated.

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