ithinkinstereo

10 ms·

31.
by ithinkinstereo 7y ago
Not necessarily. Many VCs, hedge funds, etc., have restrictions on redemptions (amounts, timing, etc.). I think the frustration here with the management fees is that it's out of alignment with the staff size (lots of departures) and op
32.
by ithinkinstereo 7y ago
During a recession: Individual contractors and small teams (<10) will likely go back to working from home or out of cafes. Larger, enterprise teams will have more, and better, options and may cut expenses by downgrading to cheaper accomm
33.
by ithinkinstereo 7y ago
I don't think it's that far-fetched. Visiting sketchy sex-related businesses or doing drugs is pretty par for the course in both Eastern and Western business culture as a form of trust-building between parties. I can definitely se
34.
by ithinkinstereo 7y ago
> Do you have choice when it comes to how stuff you buy is transported to you? You can definitely choose how stuff is transported to you. One example is to purchase more locally sourced / produced goods.
35.
by ithinkinstereo 7y ago
Jason's logic is pretty poor. If winning is just a numbers game (quantity of hours > quality hours), then how can we possibly compete when our population size is a quarter of China's? Of all the consistently inane VC tweets, th
36.
by ithinkinstereo 7y ago
Amazon was CF positive and invested it's cash heavily in capital assets (warehouse, etc.). Uber invested (burned) its money on subsidies. Not really a comparable.
37.
by ithinkinstereo 8y ago
Two things I find interesting about the Lyft story: 1) In their prospectus they claim that 44% of all rides start/end in low-income areas. [a] 2) One of the key arguments they make in their fight against recent NYC regulations to raise
38.
by ithinkinstereo 8y ago
For anyone interested in the challenges of true wireless charging (i.e., actual wireless, not induction-based), I highly recommend this blog from Paul Reynolds, who formerly led engineering at ubeam: https://liesandstartuppr.blog
39.
by ithinkinstereo 8y ago
Yes, but usually software startups with high profit margins and cost structures that benefit from economies of scale.
40.
by ithinkinstereo 8y ago
Well it's easy to produce "progress" when you're willing to operate with massive losses fueled by other people's money. Take any customer experience that sucks and inject billions of dollars into it and lo and behol
41.
by ithinkinstereo 8y ago
A hallmark of a scam is unnecessary obfuscation and complexity in the business model (i.e., how you get paid).
42.
by ithinkinstereo 8y ago
Or even better, attend a coding bootcamp and become a fullstack web developer!
43.
by ithinkinstereo 8y ago
The company can continue to operate, but that'll probably depend on the equity structure. Not a lot of incentive for founders and key employees to stay-on and manage a "lifestyle" business if they only hold a minority stake i
44.
by ithinkinstereo 8y ago
I suppose the silver lining is that this patent is essentially worthless for the intellectual thief Jill Mackay. Given all the prior art, I'm guessing it would be hard to enforce, but I can definitely see Jill pulling some patent troll
45.
by ithinkinstereo 8y ago
From what I understand from reading PPrune forums, pulling the circuit breaker for trim irregularities is the de facto standard operating procedure on the 737, and has been for over a decade+. Hopefully they find the CVR and that gives us m
46.
by ithinkinstereo 8y ago
1MM+ per employee is common in some industries; finance and energy being two examples.
47.
by ithinkinstereo 8y ago
There are plenty of non-medallion drivers being squeezed by the recent Uber/Lyft boom. A poster above me highlights one example of a livery driver whose income fell precipitously after the ride-sharing floodgates opened. Even Uber&#x2F
48.
by ithinkinstereo 8y ago
I predict we're going to see many more such incidents of labor "going postal" in the near and medium term. Doubly so if the economy contracts and goes into a recession. Just look at the situation in NYC with ride-sharing and
49.
by ithinkinstereo 8y ago
> to be clear, silicon valley doesn't have a role to play here, aside from paying their taxes. 1) SV companies are some of the biggest tax dodgers 2) SV companies are also some of the biggest drivers of economic inequity and tearing
50.
by ithinkinstereo 8y ago
> Driving the surge, the study suggests, is a three-decade shift of financial risk from government and employers to individuals, who are bearing an ever-greater responsibility for their own financial well-being as the social safety net s
51.
by ithinkinstereo 8y ago
Interesting, I've seen the opposite trend, which is especially noticeable overseas (5 years ago you would see virtually no MacBooks, now its 50%+).
52.
by ithinkinstereo 8y ago
During a recession, businesses--large and small--are going to cut out all the frivolous VC-style perks: snacks, booze, trendy furniture, etc. WeWork isn't cost effective vs renting your own office space, it just removes the friction (a
53.
by ithinkinstereo 8y ago
At the price point, I imagine it won't be as competitive as a business class fare, which 99% of people will choose over 30 mins of non-stop barfing. No?
54.
by ithinkinstereo 8y ago
Data "scientist", i.e., knows R, basic SQL, and maybe some light JS, and has experience creating nice visualizations in Tableau, etc. These are skills any business analyst with a good working knowledge in Excel and statistics can
55.
by ithinkinstereo 8y ago
You don't need a "network" to start a business. In fact, many founders start businesses in industries and niches that, at first, they might have little, to no, connection to. If you think a network is critical, probably the m
56.
by ithinkinstereo 8y ago
That's because you've only met vc-backed founders, I.e., founders gambling with other people's money. Many bootstrapped founders go years paying themselves massively below market to fuel the rocket ship so to speak. Would you
57.
by ithinkinstereo 9y ago
This is what I overheard yesterday: "I deleted my FB account; I'm only going to post on Instagram now." FB is like the Goldman of the Social Media (and increasingly, via Messenger and WhatsApp, Communications) world. They hav
58.
by ithinkinstereo 9y ago
Pretty good outcome, especially if she avoids criminal charges. Presumably she's still pretty wealthy, enough not to have to work again or to lie-low for the next decade before staging a comeback.
59.
by ithinkinstereo 9y ago
Shkreli is being made an example of because he's an easy target, with relatively shallow pockets. Compare him to the Sackler family, the sociopaths behind Oxy, for example...
60.
by ithinkinstereo 9y ago
Not really. In a workplace you're forced to follow all sorts of rules. As an independent operator, you set your own rules. In regards to rewards vs consequences, my point is that in a workplace you're abstracted away from the dire

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