cheriot

21 ms·

241.
by cheriot 4y ago
Maybe I'm wearing a tin foil hat... are any of these VC's shorting SIVB?
242.
by cheriot 4y ago
It's hard to read into this without knowing what responses were in the past (especially the recent years pre-pandemic).
243.
by cheriot 4y ago
If Intuit can get results with < $4m in lobbying that's an incredible rate of return. They made $2,066m in net income last year. For the influence they've clearly had there's got to be other money flows.
244.
by cheriot 4y ago
It take years to get construction approved in CA so not sure the ending has been written.
245.
by cheriot 4y ago
Zero chance I buy it myself, but excited to have Apple pushing VR forward.
246.
by cheriot 4y ago
The core strategy was spending a lot of money on podcasts exclusive to Spotify. I'm not doubting that some were a success, but they no long want to spend money on exclusive content. That's a huge shift.
247.
by cheriot 4y ago
For once, the evil company is on a path toward bankruptcy. Not because law enforcement or regulators stepped in, though. It's just a cash flow negative company with declining revenue living off money raised in 2021.
248.
by cheriot 4y ago
> “In hindsight, I probably got a little carried away and overinvested relative to the uncertainty we saw shaping up in the market,” Ek said on an earnings call in January Then why is management abandoning that strategy? That's what
249.
by cheriot 4y ago
If this campaign gets traction, what are the odds Elon _doesn't_ run afoul of the NLRB?
250.
by cheriot 4y ago
Spotify is in a tight spot (ba-dum-tsh). Valued at a lofty 7.7x gross profit because they pay out most revenue to record labels. First they try to improve profitability by buying Rogan and other podcasters, but that didn't drive enough
251.
by cheriot 4y ago
Twilio's debt to equity ratio is small enough to be irrelevant. Revenue is falling while the economy is still growing because pandemic trends are reverting to normal. Same as e-commerce, which caught Shopify and Amazon with too many em
252.
by cheriot 4y ago
Interest expense is 64m in the trailing twelve months so it's not a meaningful difference in their cash burn. Most corporate debt is fixed rate and with a net cash position they don't need to roll it over. Interest rates affect Tw
253.
by cheriot 4y ago
They have ~3 billion more cash than debt
254.
by cheriot 4y ago
Revenue growth rate was > 50% per year when most of these people were hired. Now they project 20% growth. That has more impact that wanting to earn interest on a savings account.
255.
by cheriot 4y ago
human connection to a workplace is why unions formed? I thought it was the hours, dangerous working conditions, and unlivable pay.
256.
by cheriot 4y ago
I loved living in DC, but most of the engineering roles were low pay and old tech. The biggest DC tech employers are government contractors that charge for butts in seats so talking about the volume of jobs in DC doesn't mean much. Hop
257.
by cheriot 4y ago
I was just reading about Digital Turbine over the weekend. That's the company Samsung and others use to conduct real time bidding for which apps are preinstalled (when a new phone is activated). They handle ads for other pieces of bloa
258.
by cheriot 4y ago
Sadly building offices in places that prohibit new housing will not make sense. Your staff will have a hellish commute and/or extremely high housing prices. The hardest possible sell to employees accustom to WFH. Love the Bay Area, but
259.
by cheriot 4y ago
Great outcome for Instacart and DoorDash. My Amazon Fresh deliveries will be less frequent and heavier items I don't want to carry.
260.
by cheriot 4y ago
In my experience at a company where Slack is the primary communication too: - it's great for casual chats - it means we have the institutional memory of a goldfish This is largely a product of how we use it and it's a less than or
261.
by cheriot 4y ago
> Amazon is trying to find money wherever it can Not really. Amazon is spending more cash on english language TV and movies than Netflix. It's also acquiring it's way into... health care? All of the things that make money at Am
262.
by cheriot 4y ago
Bumble being the largest one in the US that they don't own (only Tinder is larger). https://infogram.com/us-dating-app-marketshare-1h8n6m3konzmz... Intuitively, the largest dating app has a moat because people will ope
263.
by cheriot 4y ago
I've had more productivity loss than that from docker's bugs and CPU/battery drain. We don't use docker in prod so why use it for dev? I need a container not this power hungry daemon and annoying UI. As I type this my la
264.
by cheriot 4y ago
My impression is that a lot of it goes to GCP. Maybe YouTube getting a push in whatever initiative prompts them to overpay for NFL Sunday Ticket. I'd love to see a leaked doc from some mega cap tech outlining headcount per segment. I d
265.
by cheriot 4y ago
They've increased headcount significantly since 2019 so I imagine layoffs would be in the picture. Agree they'd still be large businesses with growth prospects.
266.
by cheriot 4y ago
Yes, otherwise customers are just handing assets to someone and hoping for the best. That lack of assurance sets the stage for bank runs...
267.
by cheriot 4y ago
They need consent, but to your point it might be buried in some document. Some will provide compensation for it: https://www.interactivebrokers.com/en/pricing/stock-yield-en...
268.
by cheriot 4y ago
Funny how the replies are full of people explaining how bank deposits work. An exchange is not a bank. They're a custodian that holds something on the customer's behalf and facilitates trades. That crypto "exchanges" act
269.
by cheriot 4y ago
Last quarter Google and Meta ad revenue growth was roughly 2% and -4% respectively. If overall ad spend declines both of them will loose money. 2008/9 are not a good comparison because they were smaller companies and so much ad spend w
270.
by cheriot 4y ago
Meta is hardly the only the first tech company to rescind offers. Yes, it's poor form and rightfully burns a bridge, but it's not a contract. Let's not expect people to treat employers any better than employers treat people.

More ›