goseeastarwar

9 ms·

61.
by goseeastarwar 9y ago
Pharmaceutical companies spend 100's of millions developing new drugs, but it costs essentially nothing to manufacture those pills once they have FDA approval. Who expects medicine to be free because they cost nothing to replicate?
62.
by goseeastarwar 9y ago
You're accounting for the worst-case scenario, which is fine, but I still don't know why we're behaving like Basecamp can't afford to hire folks to backfill people on leave.
63.
by goseeastarwar 9y ago
Founders agree to all sorts of nefarious stuff they think will never be triggered to get to a signed term sheet. Investors will exercise this power when the incentives are misaligned with the founders (aka the company isn't doing well)
64.
by goseeastarwar 9y ago
That's exactly what it means. You can choose to take a yearly LLC dividend of $2M instead of $10M to make sure your staff is well cared for. I'm not saying he should or needs to do that, it's just the economics of the situati
65.
by goseeastarwar 9y ago
I think it's fair to say that given DHH's lifestyle, Basecamp can afford to do this. No judgement on how David choses to spend his time or money, I just think it's a little disingenuous to act like they're a normal start
66.
by goseeastarwar 9y ago
It makes all the sense in the world when you realize how board's actually work.
67.
by goseeastarwar 9y ago
Surprised there wasn't also the typical "want to spend time with family" part to cover the fact that the CEO was fired and a board seat was his consolation prize. If you want to raise $180M without a business model to become
68.
by goseeastarwar 9y ago
https://www.google.com/finance?q=NYSE:YELP
69.
by goseeastarwar 10y ago
I often wonder why the yearly fees even come up in these discussions. Presumably, if you aren't getting enough value to easily offset the cost, why on earth would you ever get the card. When I book hotels through Amex's FHR portal
70.
by goseeastarwar 10y ago
#1 is right, but if you replace rural with exurban (which I think is more appropriate in this discussion), you're hugely improving the quality of life for millions with autonomous commutes.
71.
by goseeastarwar 10y ago
Density allows communities to be more efficient.
72.
by goseeastarwar 10y ago
> Civil unrest follows, with mass protests, a government crackdown, and the eventual disintegration of the U.S. as a nation-state. This is total lunacy if anyone is taking this prediction seriously. Unrest, protests, sure. The United Sta
73.
by goseeastarwar 10y ago
Uber isn't going anywhere. Investors may take a short-term hit riding this wave of bad PR, but there's far too much machinery that will continue to push Kalanick's agenda forward. This thread is chock full of wishful thinking
74.
by goseeastarwar 10y ago
A founder/CEO that built a $60B company with control of the board? Not a chance in hell he steps down. For each person telling him to resign, there are hundreds stroking his ego and encouraging him to carry on.
75.
by goseeastarwar 10y ago
That's correct, but that has more to do with what happens at termination or liquidity events. It's very likely he had to forfeit everything, including any signing bonus (1 year timebomb is standard).
76.
by goseeastarwar 10y ago
If only that were true. Lots of VC is simply FOMO at any cost.
77.
by goseeastarwar 10y ago
It's very simple when you realize they have everything to lose and little to gain by speaking up. I don't know how this isn't abundantly clear to anyone littering this thread with nonsense about evidence.
78.
by goseeastarwar 10y ago
How many accounts of harassment do you need to believe there's a problem, out of curiosity? Nearly every woman in the industry has a story to tell, most say nothing. You'd know that if you'd bother to speak to any.
79.
by goseeastarwar 10y ago
Much of this thread is people arguing this is embellished, untrue, the cost of doing business, or a conspiracy. Not to fear, I think your side of nonsense is safely represented. * the evidence pedant corrected my spelling
80.
by goseeastarwar 10y ago
A stolen wallet is just like someone putting their career on the line because of a feckless HR department. Wait, no it isn't.
81.
by goseeastarwar 10y ago
It's really not when you realize these aren't extraordinary claims. Those that wish to distract from the industry's systemic issues insist on evidence.
82.
by goseeastarwar 10y ago
We need to stop doing this in every thread. These women are taking huge risks by speaking publicly and asking for proof is insulting to say the least.
83.
by goseeastarwar 10y ago
Hero worship. Jack has done what few else could achieve: he built two multi-billion dollar businesses. The problem is that doesn't mean he can run both at the same time nor does it mean he's the correct long-term steward of both s
84.
by goseeastarwar 10y ago
Bought 200 TSLA @ $90, sold half when the price doubled, and have been enjoying the ride ever since. Thanks Elon!
85.
by goseeastarwar 10y ago
"Millennials want to live in cities." Says who? The article doesn't: "Overall, more than 80 percent of millennials already live in suburbs and exurbs, and they are, if anything, moving away from the dense, expensive citi
86.
by goseeastarwar 10y ago
My wife and I were on a date and I thought watching the first Hobbit movie in 3D would be a fun, impromptu thing to do after dinner. She loved the experience, so I sat there for three hours watching a blurry movie because the 3D glasses wer
87.
by goseeastarwar 10y ago
You buy the dark blue Ferrari instead of the bright red one. Even with its radical styling, most people wouldn't give it a second look.
88.
by goseeastarwar 10y ago
IPO in 16 months then flipping to AOL for $4.2B was more a consequence of the dotcom bubble than an outright success story.
89.
by goseeastarwar 10y ago
Presumably the cars won't continue driving if their systems are inoperable or unsure how to proceed. One could also argue that riding around in several inches of snow is a bad idea regardless of who's driving, human or computer.
90.
by goseeastarwar 10y ago
To inject numbers into the discussion: my homeowners insurance is $965 and earthquake is $1220. More than doubling the yearly bill to be sure, but it's easy to justify given bay area real estate prices.

More ›