goseeastarwar

14 ms·

91.
by goseeastarwar 10y ago
You're technically correct, but there's no distinction between preferred and common at IPO and it's a fairly safe bet they won't go public below this valuation.
92.
by goseeastarwar 10y ago
You're correct it's not a straight comparison, I was looking at it more from the generic "black liquid with caffeine" point of view. I've been lucky enough to use La Marzocco espresso machines at work for many years
93.
by goseeastarwar 10y ago
The coffee snobs (I say that with a lot of love) are out in full effect in your replies, but I'm with you. I did the whole Chemex, Aeropress, weight scale, burr grinder, Japanese tea kettle, etc etc and my Nespresso machine is by far a
94.
by goseeastarwar 10y ago
As Larry Summers said on a recent episode of "The Axe Files" podcast, you can't litigate bankers being stupid.
95.
by goseeastarwar 10y ago
It's like paying for a WSJ subscription doesn't even cross HN's mind. At some point people should acknowledge the frequency of paywall complaints might mean there's lots of quality content.
96.
by goseeastarwar 10y ago
409A isn't an arbitrary number the board makes up. Private co's pay external firms to do market research and sift through internal financial/key metrics to derive that number. Your scenario of an immediate $.30 tax liability
97.
by goseeastarwar 10y ago
SF has a $9B budget, we can do both.
98.
by goseeastarwar 10y ago
You may be correct, but you're talking about two billion dollars as if it's not a lot of money. I don't have a dog in this fight, but the twitter business model is actually quite impressive as long as you don't compare i
99.
by goseeastarwar 10y ago
EPS isn't far from zero. There are plenty of levers to pull to run Twitter as a profitable business given $2B rev/yr. You're seeing some of it already with them freeing up vacant office space, and I wouldn't be surprised
100.
by goseeastarwar 10y ago
Since the 50's, VC has been a blend of operators and finance people.
101.
by goseeastarwar 10y ago
This is also the plot of the 1983 comedy classic "Trading Places" starring Dan Aykroyd, Eddie Murphy, and Jamie Lee Curtis.
102.
by goseeastarwar 10y ago
Backyards are extremely convenient, as opposed to walking/driving to a park, when you have dogs and/or small children.
103.
by goseeastarwar 10y ago
Neither of those have revenue close to RedHat. Futhermore, the irony of RedHat being the exception that proves the rule that there's far less money in open source, is that its revenue is minuscule when compared to closed-source tech gi
104.
by goseeastarwar 10y ago
409A is lower because preferred shares have more rights over common shares. Employees want that number to be lower, to enjoy greater gains and lower exercise costs. In any case, as a company approaches an IPO event, the spread between commo
105.
by goseeastarwar 10y ago
There's a simple solution: The city puts on the lien on the home for the value of the accumulated rise in property taxes. Once the owner dies, family members sell the house, and pay off the lien. I have no idea why Prop 13 was created