code4tee

29 ms·

451.
by code4tee 11y ago
Interesting exercise. One can nitpick some of the math and assumptions, but the message is directionally correct. The problem too many of these so called unicorns have is that there's not much in the way of real fundamentals supporting
452.
by code4tee 11y ago
Crappy teams and bad management creates management problems, not tools. JIRA is fine. So far as "enterprise" tools go I'd actually say it's quite decent. Good teams need ways to collaborate and communicate on projects an
453.
by code4tee 11y ago
Well yes, "bombed IPO" is a relative term. If you float a pile of trash onto the stock market and rake in a lot of $$$ then sure cash out and go live on a nice tropical island somewhere while leaving a smoking crater behind full o
454.
by code4tee 11y ago
Lots of bombed IPOs recently followed this track. If they IPOed at 1 (what they were likely worth) and went to 1.2 they'd be seen as a solid company with great growth potential. Instead they IPO at 5, fell to 2 and are really worth 1.
455.
by code4tee 11y ago
The only people that don't see a bubble at the moment are the people inside the bubbles. If your business has real revenue and real profit then there isn't much to worry about. If your business is valued on "hype" and th
456.
by code4tee 11y ago
The company is burning cash like crazy, they totally threw their business plan (to only make money via membership fees) out the window within a few weeks of launching and now they've slashed their originally proposed valuation by 50% i
457.
by code4tee 11y ago
On the plus side the meals do look quite good. On the downside when I see such a business racking up silly valuations like this I see lots of bubbles floating around.
458.
by code4tee 11y ago
Classic case of a company finding itself in the position of being a middleman with questionable value-add. Once you introduce someone to their new cleaner there's zero motivation for the customer to not just kick out the middleman and
459.
by code4tee 11y ago
Theres a big difference between "savings" and "cash in a savings account." Given the current interest rate situation theres essentially no difference between money in a checking account and money in a savings account, ot
460.
by code4tee 11y ago
Especially since the "lower prices" they boast of have been shown to be mostly fake. i.e., They just buy the stuff at a higher price elsewhere and resell it at a lower price. There's burning VC cash and then there's burn
461.
by code4tee 11y ago
"We only profit from the $50 membership fee" http://www.cnbc.com/2015/07/21/our-prices-are-cheaper-than-a...
462.
by code4tee 11y ago
One can read between the lines quite easily that they likely didn't think they could get people to sign up for the monthly fee so their original projections must have been way off. Obviously they are trying to spin it a different way i
463.
by code4tee 11y ago
The issue I see from looking at the photos on the site is that they were flying in airspace that's frequently occupied by 'real' air traffic and were blatantly violating the rules about where/when you can fly these thing
464.
by code4tee 11y ago
One of the big challenges is that Twitter is largely geared towards people looking to engage on topical issues in a public forum. If you're an expert in a particular area and consistently engage with other experts in a public forum whe
465.
by code4tee 11y ago
Totally unreadable. This sums up a lot of what's wrong with Twitter. If even the CEO struggles to communicate effectively using the platform then...
466.
by code4tee 11y ago
Long enough to fund all costs and necessary growth activities until either: A) The business generates enough profit to be self-sustaining, or B) The business is bought and thus this is all someone else's problem now C) The business man
467.
by code4tee 11y ago
Agreed. In the short term it's rough for everyone, but ultimately for those that are the real deal it's good to wash out the fluff... and there's a lot of fluff at the moment.
468.
by code4tee 11y ago
There's a lot of high valued piles of crap in the tech space at the moment. Flushing the toilet a few times to rid the system of such junk is ultimately a needed cleansing. Tech startups that can show viable business models with actual
469.
Hot Tech Startups May Have Higher Funding Hurdles(nytimes.com)
37 points by code4tee 11y ago|15 comments
470.
by code4tee 11y ago
"In the US, for starters, there's a huge bubble in stocks" The median PE ratio of S&P 500 stocks at the moment is $14. That's certainly not "bubble" territory. The current market correction is surprising no
471.
by code4tee 11y ago
PS... I don't deny that a subset of the US economy/workforce got hit really hard in 2008 and never recovered. But when you look at the US economy as a whole things are doing quite well.
472.
by code4tee 11y ago
Debt to income ratios, capitalization of companies, worker productivity, oil prices, savings rates, more healthy housing prices (in most areas), foreclosure rates, industrial orders, housing starts, .... This isn't 2007-08.
473.
by code4tee 11y ago
The biggest "secret" on Wall Street is that active money management is often worthless. The ability of someone to 'beat the market' on a long term basis is extremely limited. Most investors are better off just buying a f
474.
by code4tee 11y ago
Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valua
475.
by code4tee 11y ago
Businesses are usually valued on reasonable (e.g. 12-18x) multiples of their profit (and by that it's their actual profit not these silly non-GAAP 'profit if you ignore all this stuff we don't want you to look at' profit
476.
by code4tee 11y ago
"The stock price need not matter at all to the company" Tell that to the employees holding options. Those options are likely worthless if the stock price goes down.
477.
by code4tee 11y ago
"I think you possess a fundamental misunderstanding of why this is happening. Could Twitter fire most of its developers and sustainably turn a profit? Yes, it absolutely could. But instead it chooses to invest its would-be profits (and
478.
by code4tee 11y ago
"So a company that does $2B/year in revenue isn't a real business?" If management consistently can't find a way to make that level of revenue without spending far more each year then yes it's not a real busines
479.
by code4tee 11y ago
...and there's really nothing stopping it from falling much much more. There's really no justification for the value placed on this company--or many other tech companies that have interesting offerings but haven't actually ma
480.
by code4tee 11y ago
Definitely not true. While many people have profiles, most everyone I know barely uses the site. It's become mostly a wasteland full of spam.

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