charlesdm

11 ms·

61.
by charlesdm 7y ago
In all honesty, it only sells well because of the tax benefits. Do the actual math and then figure out how many people would then buy and use it. Likely not a lot.
62.
by charlesdm 7y ago
This is a decision that likely does not matter at all to the success of your company. The number one skill you're likely forgetting about now is sales. You need to figure out how to talk to people and sell them things.
63.
by charlesdm 7y ago
That's only for the "smucks", though. If you have a proper banking relationship, you'll get great rates.
64.
by charlesdm 7y ago
Worked in the game industry after university for about a year. It's great until you realise you're basically building overall above average technology in terms of difficulty, yet being paid a fraction of an engineer at Google. I q
65.
by charlesdm 7y ago
Cool website, however, I really dislike the name. Doesn't make much sense to me.
66.
by charlesdm 7y ago
Ah, but Alibaba...
67.
by charlesdm 7y ago
I think they also bought common stock? During private fundraising, investor (vs founder) stock generally has preferred rights when the company is sold and/or liquidated. There might also be restrictions on who and how someone can sell
68.
by charlesdm 7y ago
Unless Softbank is willing to lend said money unsecured to a limited liability SPV without a personal guarantee. I can't imagine that all these people are taking on personal debt to invest in the vision fund.
69.
by charlesdm 7y ago
Don't you pay tax when you actually get the equity? How is it different to getting cash and then just buying the stock?
70.
by charlesdm 7y ago
So how should a CEO be compensated then, if you're so sure the answer here is no instead of yes?
71.
by charlesdm 7y ago
Clearly not someone who thinks in terms of value creation. If I can add $20m of profit to the bottom line of an organisation, then there is nothing wrong with capturing some of that value, no? Call it CEO or entrepreneur, at the end of the
72.
by charlesdm 7y ago
You're basically saying good investors don't exist and everything is priced to perfection? This could range from investing in equipment, to expanding in a new business line, to acquiring a competitor and realising synergies that s
73.
by charlesdm 7y ago
And generally the shareholder(s).. ?
74.
by charlesdm 7y ago
The short answer to that question is yes. A good CEO will invest $200 million in a good asset (i.e. factory), resulting in a great return for the organisation. A bad CEO will invest $200 million in a bad asset (i.e. Tumblr, $1.1bn -> $3m
75.
by charlesdm 7y ago
As someone with plenty of C++ knowledge on mobile, I would expect there to be more C++ devs available with good mobile skills than there are rust devs? Maybe my own viewpoint is twisting the amount of devs I think are available, but I don&#
76.
by charlesdm 7y ago
An "emergency freeze" of moneys that were raised in 2017 and 2018... On Aug. 12, 2019, the court entered an emergency freeze to preserve at least $8 million of the $14.8 million the defendants raised in 2017 and 2018 in an offerin
77.
by charlesdm 7y ago
I'd rather pay more and have a safe taxi ride, over a dirt cheap and unsafe taxi ride...
78.
by charlesdm 7y ago
So the question is, assuming you have a valid exploit, could you not convince Apple to pay more than $1m? If you found an unfound gaping crater of an exploit somewhere -- how much would that be worth to them? Likely a lot more than $1m. I&#
79.
by charlesdm 7y ago
That is a completely different line of business, though.
80.
by charlesdm 7y ago
Prince Malchezaar should have the answer
81.
by charlesdm 7y ago
For sure they suck. But who has time to go shopping if you're in town for a day? Most people prefer room service (if busy) and breakfast the day after. I love Airbnb but just don't use it for business travel.
82.
by charlesdm 7y ago
Sorry, I missed that -- cheers!
83.
by charlesdm 7y ago
This is exactly why I just renewed my personal domain for 10 years!
84.
by charlesdm 7y ago
Would you mind sharing how much they actually wanted for it? Are we talking 9 years of waiting, vs $500, or 9 years of waiting, vs $10,000? Regardless, congrats on getting it back.
85.
by charlesdm 7y ago
Maybe, but LBOs also offer a way for shareholders to exit. Unless you can sell to a strategic acquirer (which could also be PE, but usually not) there are not a lot of exit options. And who is going to acquire a business just with equity? P
86.
by charlesdm 7y ago
Who? Easy: banks. Bank debt generally has first call in the event of a liquidation, so if everything goes to hell the assets will be liquidated and banks will be the first to be paid back. They likely don't end up losing a lot, if anyt
87.
by charlesdm 7y ago
It all depends on the amounts being moved. Transfer pricing is complex because what is market rate in situation A is not market rate in situation B. $345 million could be a minor difference of a few percentage points on tens of billions in
88.
by charlesdm 7y ago
They're first to embrace technology, because digital money is money that can be tracked. So the tax "take" will be higher with digital money than with cash. High tax countries have all the incentives to go digital as soon as
89.
by charlesdm 7y ago
I highly doubt that in all honesty. But it's good to think positive!
90.
by charlesdm 7y ago
Because it can go down in value. Plus purchase and annual taxes. But yes, mostly correct. I don't really see rates rising in a long time.

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