dkfmn

9 ms·

31.
by dkfmn 11y ago
I tend to agree but this is really a separate conversation. These days, the struggling musician will give away music for extra exposure in the hopes of becoming famous so they can make money touring. That's the best they can do because
32.
by dkfmn 11y ago
There are two fundamental problems: 1) What's good for the consumer isn't necessarily good for the creators. In other words, they have an incentive to fight the future rather than embrace it. 2) The extra efficiency of distributio
33.
by dkfmn 11y ago
I think you raise a few good issues but I'd like to poke, lightly, at the idea that the only information advantage available to hedge funds is "insider" information. Certainly some successful firms built their track record wi
34.
by dkfmn 11y ago
For [2] and [3] it sounds like Trace3 is a technology consultancy, integrator, and services provider. So the business is more like "specialized IT for hire" than a new product or innovative technology. As a result, I'd guess
35.
by dkfmn 11y ago
Also it protects against the battery in the key dying.
36.
by dkfmn 12y ago
I completely agree.
37.
by dkfmn 12y ago
Thank you for posting this article, I was trying to track it down for the thread. This encounter was so widely reported that it's almost difficult to discuss it honestly and openly and without taking sides. I feel like that, in and of
38.
by dkfmn 12y ago
Well, their fiduciary duty is to all shareholders and common generally holds a minority ownership interest. It depends heavily on circumstances, but in a less than amazing sale the acquiring company often wants an incentive for employees to
39.
by dkfmn 12y ago
There's a service that will negotiate with them to reduce your bill. I remember reading about them last year, it's some Berkeley MBA who likes to practice negotiation, he might handle this too: https://www.cabletipster.
40.
by dkfmn 12y ago
The last point is especially salient. Except there's no "if." Major firms are already doing this (and not talking about it).
41.
by dkfmn 12y ago
Rare for an investor to put money into a company with the expectation of replacing the CEO. The speculation you propose is extra unjustified given that there was no change in control with this investment. I know it's popular for HN to
42.
by dkfmn 12y ago
One of the biggest signs of the bubble were the lack of sanity on exits and IPOs for unproven businesses and technologies. In this case there is certainly (some) irrational exuberance for funding, but unless you start seeing lots of minimal
43.
by dkfmn 12y ago
This is an apples to oranges comparison. You're bringing up losing a job and comparing it to losing an investment. In this case the investment is gone, and the FUTURE earnings of the worker from that specific job are gone. The worker a
44.
by dkfmn 12y ago
Of course there's a difference between monetary risk and utility risk. They shouldn't be conflated in this discussion for a number of reasons. One such is that measuring utility is very difficult without resorting to a yardstick l
45.
by dkfmn 12y ago
This isn't really an ideal article to kick off a series of debates that could be very interesting. It's trying to relate too many concepts from taxation theory to economic stimulation to labor management, etc, etc. If the main poi
46.
by dkfmn 12y ago
One of my favorite references to him is a recommendation[1] written by Oppenheimer about Feynman. The line was: "He's a second Dirac, only this time human." Edit: to be fair Oppenheimer was quoting Wigner... Dirac went on to
47.
by dkfmn 12y ago
But many would argue that these laws are unconstitutional. Free speech is one of the highest laws in the land and there's a court challenge underway: https://www.aclu.org/free-speech/aclu-idaho-and-coalition-fi...
48.
by dkfmn 12y ago
My favorite dead startup! Hopefully by charging for delivery, not taking inventory risk, and setting reasonable minimums they'll survive.
49.
by dkfmn 12y ago
My childhood rejoices!
50.
by dkfmn 12y ago
Almost every credit card changed their terms so that cash equivalent purchases no longer accrued perks.
51.
by dkfmn 12y ago
The value of the company is already so high that much of the upside is removed. You really have to believe in the company as a whole to make that commitment.
52.
by dkfmn 12y ago
"Being a partner at a VC means you get a lot of executive positions to hand out to your B-school friends who turned out to be underachievers" You clearly have a bone to pick with the industry and that's fine. But no VC hands
53.
by dkfmn 12y ago
They also get paid exceptionally well to generate exceptional returns, so they make money either way. There is a relatively common saying in finance that 2 & 20 is the best business model that exists. As for LP returns, if you're n
54.
by dkfmn 12y ago
Wow... they should have released this ages ago and participated in the renaissance brought on by Shopify/Squarespace et al. As others have said, they're in lots of businesses and this looks like another half-baked example of too l
55.
by dkfmn 12y ago
mlost - There are some great responses in this thread and hopefully you're feeling supported. The comment you made about it being a "distress call" really grabbed my attention and if you're in the SF area I'd be hap
56.
by dkfmn 12y ago
Thanks, this guy's voice is super soothing.
57.
by dkfmn 12y ago
For contrast here's another I've always enjoyed, a little more playful: http://youtu.be/BW1te_miu5I
58.
by dkfmn 12y ago
Well, if we're doing treasure we shouldn't forget about the Lost Dutchman's Mine ( http://en.wikipedia.org/wiki/Lost_Dutchman%27s_Gold_Mine )
59.
by dkfmn 12y ago
For those interested there's a new movie coming out on the topic called Imitation Game. Trailer: http://youtu.be/nuPZUUED5uk
60.
by dkfmn 12y ago
I would heavily caution you against basing a stock purchase on this. Not because you're necessarily wrong about it being a sign, but because that's not what moves the stock.

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