fsk

67 ms·

421.
by fsk 12y ago
A bunch of delivery services crashed and burned during the first .com bubble, for precisely that reason. But there's a new generation of gullible investors!
422.
by fsk 12y ago
It depends on what kind of bubble you're in, and how negligent your investors are regarding due diligence. Obviously, if you invest $100k in a business in exchange for $25k services rendered, that isn't $25k of "real" r
423.
by fsk 12y ago
If you invest $100k in exchange for $25k services purchased, you now have $25k revenue. If your business is valued at a price/sales ratio of 20, your business is now worth $500k.
424.
by fsk 12y ago
One concern is that your current investors could sue, claiming ownership of your side project. Why not pivot to your side project? If your cofounder doesn't want to do it as a pivot, pitch it to your investors. If they also aren&#x27
425.
by fsk 12y ago
OPTIMAL strategy for video poker is hard. (assuming standard 9/6 JoB paytable) For example, what do you hold with (1) AH QH TH JD 3H vs (2) AH QH TH 9D 3H On (1), you hold the 4-flush. On (2), you go for the 3 card royal. (Reason: Di
426.
by fsk 12y ago
Another niche worth targeting (that VCs wouldn't bother with) is a business that has potential revenue of $200k-$1M per year. That isn't the home run that VCs would want, but it is enough to support a team of 1-5 people.
427.
by fsk 12y ago
Also, if you're a 25-30+ year old tech worker, and aren't financially incompetent, you probably have some savings and can use that as your seed funding instead of needing to join an accelerator.
428.
by fsk 12y ago
My employer has one contracting firm where they are the primary client. They bought a 3rd party software package. It was poorly written and they couldn't figure out how to get it to work. They looked at the comments in the code, saw
429.
by fsk 12y ago
I'm wondering if open offices are good for junior people (who need to ask for help more often) but bad for senior people (who get interrupted more often). For me, it's almost so bad that I don't bother trying to get in the zo
430.
by fsk 12y ago
The main problem with such a certification is getting everyone to use it, and making sure it's good. If there's one dominant certification, that's subject to abuse almost as bad as the situation now. If there's 10+ certi
431.
by fsk 12y ago
I thought the way it usually works is that the leader of the group gets hired as CTO somewhere, and then brings the rest of the team with him as subordinates?
432.
by fsk 12y ago
Actually, go has some deep complexity that chess and checkers do not have, primarily from the idea of "ko". Read "Mathematical Go". https://math.berkeley.edu/~berlek/cgt/gobook.html
433.
by fsk 12y ago
Quite a few times, after getting a technical screen, the interviewer's attitude was "You loser! Why are you wasting my time interviewing here?" But I know that I'm really productive and really know my stuff. When my em
434.
by fsk 12y ago
I'm beginning to think that one way to "fix" hiring is to do stuff that nobody else is doing. Everyone else is screening people based on resumes? Then, you can find good candidates by ignoring resumes, so you find good peopl
435.
by fsk 12y ago
As a candidate, I've soured on work-sample tests. Too many times, I've done the assignment, and not even gotten an interview (and I know I submitted a correct answer). As someone who already has a job, committing a large number o
436.
by fsk 12y ago
It is backward-compatible, because they adjust the divisor to compensate, so that the index value pre-rebalancing is the same as the index value post-rebalancing. If they never adjusted the list of stocks, it would eventually become irrelev
437.
by fsk 12y ago
The Dow is price-weighted because it was started before computers. Add 30 prices and divide by adjustment factor is the easiest to calculate. Also, it was the first index, before people realized other methods are more accurate. Now it has
438.
by fsk 12y ago
That isn't a uniform distribution. It's biased in favor of records with a bigger index. (I.e., rand() returns the sane value twice.)
439.
by fsk 12y ago
He needs an accountant more than a lawyer. You can usually negotiate a payment plan. Plus, he gets a credit when he sells or writes off the shares,
440.
by fsk 12y ago
It doesn't really pay to win $50k in a lawsuit paying $30k on legal fees, plus the years it takes for the legal system to run its course. A lawsuit is a lot of stress. There's no guarantee he'd win. The corporation can be ban
441.
by fsk 12y ago
There are legitimate reasons to exercise early, if you think the business will be sucessful. 1. You avoid the tax issues the OP faced if you exercise at a lower valuation. 2. It's also more tax efficient if you plan to hold the shares
442.
by fsk 12y ago
Whenever a corporation gets caught breaking the law, the penalty has to be greater than the amount they saved by breaking the law. Otherwise, why bother following the law? This settlement fails that test.
443.
by fsk 12y ago
His point is that Sarbanes-Oxley killed the possibility for small-medium companies to go public (~1B market cap). With less than $1B market cap, the overhead costs of Sarbanes-Oxley compliance are a huge % of revenue. The only way the shar
444.
by fsk 12y ago
If you tape someone for 24 hours and broadcast their 5 worst minutes, you can make anyone look like a loser. Those shows also have "loser sound cues", when you can tell that the person is not doing well.
445.
by fsk 12y ago
I don't see why this is even an issue. You publish a bad price due to your own incompetence. You should have to honor the fare. If the airline overcharged someone due to an error, do they give refunds? If you accidentally buy 100000
446.
by fsk 12y ago
3-6 months living expenses in cash/checking Then, 100% in a S&P 500 index fund (VFINX) will be better than 95% of the population. Don't bother with bonds, due to low interest rates and high inflation. Advanced: pick individual
447.
by fsk 12y ago
I'm getting better at avoiding toxic situations now. Sounds like a toxic environment: >If my boss yells at me all I can do is apologize. Your boss should not normally be yelling at you. So the problem is not with all jobs, but that
448.
by fsk 12y ago
When I worked for a large financial institution as a contractor, they moved me to floor negative 2. A few weeks later, they announced that my contract was ending. Then, a new project came up, it was un-cancelled, and I was moved back to b
449.
by fsk 12y ago
Most of the banking/trading jobs are in the big cities. It's mostly NYC and Chicago, but a little for other cities. (with Chicago being more options and futures) Like you mentioned elsewhere, it sucks as you might imagine. Why w
450.
by fsk 12y ago
There are a handful of recruiters that I refuse to deal with at all. I set my cell phone to block their number and set my gmail to automatically archive their emails. Actually, I have a simple solution now, that works surprisingly well. W

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