hobbyjogger

9 ms·

31.
by hobbyjogger 9y ago
Your point is a good one, but to me it confirms the comment you are responding to. > The idea that med school or law school teach you "all the knowledge required to become a lawyer or a doctor" is laughable and a truly absurd s
32.
by hobbyjogger 9y ago
Your comments seems a bit tongue in cheek, but the answer is probably not. This law doesn't protect works made for hire--and presumably the monuments would have been. It also only gives standing to sue to the author of a work, so the g
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by hobbyjogger 9y ago
Why do you not consider paper to be an asset? Pretty much anything that can be bought and sold is an asset. Yes, that includes notebooks and paper.
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by hobbyjogger 9y ago
The lawyers in this specific case work for a non-profit (Institute for Justice) that did not bill Järlström a single dollar. http://ij.org/ij-receives-charity-navigators-highest-rating-...
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by hobbyjogger 9y ago
> force you to pay thousands to lawyers From the article: > but Järlström and his attorneys from the Institute for Justice IFJ is a non-profit (that has received Charity Navigator's 4-star rating for 16 years in a row)[1]. That&#
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by hobbyjogger 9y ago
Nearly all insiders (i.e. management, investors, employees, etc.) will be subject to a "lock-up" on an IPO that prevents them from selling immediately. Typically the lock-up lasts for 180 days, but this can vary. Share price does
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by hobbyjogger 9y ago
We all react much more strongly to stimuli (here punishment but in other cases rewards too) when those stimuli are "swift and certain." That's true even in the face of an alternative that is more severe but also delayed and o
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by hobbyjogger 9y ago
The term "beneficial owner" also includes anyone who has sole or shared voting power over the security (not just those with sole or shared "formal title", economic interests and/or power to sell or transfer the secu
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by hobbyjogger 9y ago
Not your fault--I didn't make this clear enough: there is absolutely no way to legally engage in what you proposed without being a qualified securities professional who is very much "subject to these regulations" from, e.g.
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by hobbyjogger 9y ago
> The problem is that there is a financial incentive for someone else who is not working with them to buy up the stock, immediately resell it with the normal guarantees (that they will pass on dividends, allow voting by proxy etc.), but
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by hobbyjogger 9y ago
To oversimplify, property rights are often said to be good against the world, while contract rights are good against specific others. A share of stock is itself a set of contractual rights, but the record owner has a property right in the s
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by hobbyjogger 9y ago
>Yes, this strikes me as the obvious problem. The equilibrium is for third party to buy and hold all the tenure-voting stock and then sell stakes in the dividends of the company plus allowing voting by proxy. Basically, the third party b
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by hobbyjogger 9y ago
My experience with Nexus 6p support was very different. I bought my 6P at launch in 2015, it ran perfectly for a year and a half and then I noticed that it shut down at around 15% battery a couple of times. One phone call to Google, despite
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by hobbyjogger 9y ago
You are confusing a down round with a small exit event (here and in other places in this thread). Liquidation preferences don't come into effect until a sale of the company - so no one is "crammed out" by them in a down round
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by hobbyjogger 9y ago
I agree. This link came at the perfect time. A car dealership who botched a warranty repair on my vehicle is stonewalling me - once they realized the error was likely to cost them $2k - $3k, their service department deleted my file and bega
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by hobbyjogger 9y ago
Unless you are a sought-after C-level executive, hardly any legitimate companies are going to even consider your "clever hacks." The first one blows up 409a (requires optionholder to pay fair market value for the shares). As to th
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by hobbyjogger 10y ago
From my perspective, the worst months in Austin (July and August) could be doable with a shower at work. Without one--totally unthinkable unless your job involves outdoor labor. I biked daily for 3 years when I lived in Boston but there&#x2
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by hobbyjogger 10y ago
Yeah, people tend to overlook the role climate plays in these comparisons. There's an enormous difference in cycling's viability as a primary means of transportation in a place like the Netherlands where average high temperatures
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by hobbyjogger 10y ago
That's the Declaration of Independence, not the Constitution. Some parts of the Constitution apply to non-citizens, some parts don't. For example, the 14th Amendment makes a distinction on this point--note the use of "citizen
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by hobbyjogger 10y ago
Any lawyer or law firm who intentionally presented fabricated documents with forged signatures to a court under these circumstances would almost certainly be disbarred. Reputation management firms don't face that risk -- but they are s
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by hobbyjogger 10y ago
So you sue me and get a judgment for $100,000. If I felt that I owed you nothing, surely this counts as a "loss" for me at trial. If, however, you had originally sued for $50M and I felt I might owe you some money but no more than
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by hobbyjogger 10y ago
The study you're referencing assumed that the order in which the parolees appeared was random, which turned out not to be the case. More info here: https://news.ycombinator.com/item?id=12463053
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by hobbyjogger 10y ago
The Danziger study assumed that the order in which the parolees appeared was random, which turned out not to be the case: "Danziger et al. (1) concluded that meal breaks taken by Israeli parole boards influence the boards’ decisions. T
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by hobbyjogger 10y ago
> So the vast majority of startup employees don't have the fancy tax-avoiding scheme that founders and investors have. Investors never have vesting on their shares so 83(b) has nothing to do with the preferred stock investors receiv
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by hobbyjogger 10y ago
Which is exactly how eminent domain works. If the government takes your farm to build an airport, they pay you for the value of the pre-takings farm, not the value of the post-takings airport.
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by hobbyjogger 10y ago
Great point and well said. Except I'd add that the LSAT is heavily focused on deductive, formal logic (particularly the logic puzzles section) and most of the rest is semantics. That's very removed from what lawyers actually do
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by hobbyjogger 10y ago
Legal rulings and statutes, etc. are pretty far removed from the type of deductive logic that can be "openly defied" in the sense that busted math calculations or if>then statements can be self-evidently wrong. For example, the
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by hobbyjogger 10y ago
Definitely figure eight. He says as much in the article.
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by hobbyjogger 10y ago
Seems like a pretty good investment thesis (especially if they were truly ahead of the curve here). Except I doubt the last bullet is accurate. I'd be very surprised to find that even 10% of tech IPOs have significant preferred investo
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by hobbyjogger 10y ago
Habit is a powerful thing. It's been nearly a decade since Austin's "Town Lake" was renamed by the city council as "Lady Bird Lake" (in honor of Lady Bird Johnson). To this day, I'm not sure I've ever

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