ericglyman

10 ms·

61.
by ericglyman 12y ago
Beautiful piece -- whether manic or not, after one hell of a stressful day, coming home to find your dog waiting for you really brings you back to reality. Also, while reading this anyone else here reminded of the totems (the spinning top,
62.
Liquidity evaporates in China as 'fiscal cliff' nears(telegraph.co.uk)
7 points by ericglyman 12y ago|0 comments
63.
by ericglyman 12y ago
You are double counting Breyer and Accel's shares -- footnotes give the key details. Breyer personally owns 3%, and is deemed to control Accel's 27%. So collectively, Breyer is considered to control 30% of voting shares. Read corr
64.
by ericglyman 12y ago
"We eat on compostable plates, and employees sign up to deliver our compost by bike to a local farm in Red Hook, Brooklyn" - Page 93 Etsy's hipster cred is off the charts right now
65.
by ericglyman 12y ago
Not unless you agree to sell preferred shares. All up for negotiation.
66.
by ericglyman 12y ago
No, not unless the later equity round is in a different type of security (preferred equity, convertible debt, etc.). Otherwise, all holders of common equity are considered to be on equal footing (pari passu)
67.
by ericglyman 12y ago
It's senior in the capital structure. For a high dollar risky investment like this, you really want to protect against downside as much as you can -- a convertible note gives them this protection. So if it all goes south, these guys ca
68.
by ericglyman 12y ago
Today I learned something new. And I was entertained. Tip of the hat.
69.
Study reveals how Amazon fools consumers by constantly changing prices(dailymail.co.uk)
3 points by ericglyman 12y ago|0 comments
70.
by ericglyman 12y ago
"Other students mistrust the social network that The Facebook provides. D * S *, a first-year in the College, has not registered a profile." Ten years later, still no profile. This guy is stubborn.
71.
by ericglyman 12y ago
Echoes of the agency-ization happening in other areas of tech (1) Today's Top Product Hunt - http://www.producthunt.com/posts/hidden-founders (2) One of New Yorker's big Nov. 2014 Stories - http:/&#x2F
72.
by ericglyman 12y ago
What could go wrong?
73.
by ericglyman 12y ago
I understood it. Forward P/E is typically next year's P/E. Investors expect nearly $100B in revenue, but almost no earnings (1/366th). Because the denominator is expected to be SO small (against such large earnings), the
74.
by ericglyman 12y ago
Price to Earnings (P/E) is literally the least relevant metric to use for Amazon. Given the company's very public approach to seeking zero net earnings (while maximizing capex/investment), the denominator will always skew the
75.
by ericglyman 12y ago
Great lecture - one of the best so far IMO. From the comments, it looks like a lot of people are struggling with this one because Reid Hoffman was (absolutely) lacking in specific, concrete advice. I think it's missing Reid's poin
76.
Why You Can’t Trust You’re Getting the Best Deal Online(online.wsj.com)
4 points by ericglyman 12y ago|0 comments
77.
by ericglyman 12y ago
It's because he was learning Chinese as he was running Facebook. He just started just a few years ago http://www.news.com.au/technology/facebook-founder-mark-zuck...
78.
by ericglyman 12y ago
There's a typo in your "Take a new approach" panel. The URL in the image says techcrunch.com/stapy-files-for-ipo. I think you want it to say techcrunch.com/staply-files-for-ipo. I agree with the other comments sugg