jdross

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121.
by jdross 5y ago
This isn’t really how this business works, nor why Zillow failed operationally to price correctly. To everyone at Opendoor when Zillow started to scale, this was a long time coming
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by jdross 5y ago
They already do. And if the customers disagree, they can sue the company personally or as a class.
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by jdross 5y ago
I was a mover and then I ran a moving company. I love movers and the culture of people who work with their hands. They tend to be much funnier than office workers. I realize yours is a common reality, but it's not been my experience. I
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by jdross 5y ago
A slur is an allegation that is likely to insult them or damage their reputation. That's clearly why terf was used in this context. I've noticed leftist communities frequently attempting to redefine incendiary words (such as &#x27
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by jdross 6y ago
There are infinite ways to retort this, but let’s go with the easiest and point to the company literally dealing with plastics recyling and separation that raised $55 million today https://venturebeat.com/2021/01&#x2F
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by jdross 6y ago
No, we want better lives for ourselves and the people around us and coming after us. Taxes and worker welfare are two tools we can deploy towards that goal. A company is a voluntary organizational tool, and when run as well as Tesla is, an
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by jdross 6y ago
It's not required. He's making a decision that business is best conducted elsewhere, as is his right. Personally, I don't want to live in a country where unelected officials can unilaterally make decisions that shut down the
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by jdross 6y ago
The Tesla of 2007 was a barely existing company on the edge of death having built and delivered literally 0 cars. The first roadster shipped in 2008. The first Model S in 2012. If you're saying Tesla would exist let alone be where it i
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by jdross 6y ago
He seems pretty much the same to me, honestly. Everything he is doing seems either to the benefit of the companies he is building, or personally weird but ultimately harmless. Moving out of a state that won't let you run your business
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by jdross 6y ago
On what grounds? You don't like how he tweets? He has built a $150 billion company from the ground up, is 5-7 years ahead of his competitors, in a sector where it is nearly impossible to survive. The company has dramatically accelerate
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by jdross 7y ago
This just is not true. I have worked with a number of companies that have tried to pay Yelp to unhide their legitimate, positive reviews and there was nothing Yelp would do about it, no matter what proof you offered of the transaction or cu
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by jdross 7y ago
Just to be clear, this is not Vinod's mindset. It's more like Vinod is extremely stubborn, especially when he believes something is a matter of principle. From his POV, the principle here is around free enterprise. He believes the
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by jdross 7y ago
Yes table in article and cropped here on Twitter, which might have spurred this post: https://twitter.com/justindross/status/1193737152997183488?s... Their returns have been as good or better in the last 10 years
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by jdross 7y ago
First, prices being where they are is at least partially a consequence of taxes staying the same which encouraged NIMBYism to build free equity instead of building. Second, people who now have 2 million in equity with a 100k cost basis can
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by jdross 7y ago
Latest round wasn't led by Softbank. Softbank just led the D. "The round was co-led by General Atlantic, Access Technology Ventures, and Lennar Corporation (the leading homebuilder in the U.S.), with additional participation from
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by jdross 7y ago
Why would it go belly up? WeWork’s S1 is an embarrassing piece of business literature but the company is fundamentally fine, unless they’re forced to both pay on future commitments and cannot collect the capital to cover them. They effectiv
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by jdross 7y ago
The latter. They invest heavily in FF&E and the landlord gets to keep the improvements no matter what
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by jdross 7y ago
If you've ever worked with FB ads, you know that you can directly attribute sales ($ hitting your account) to ad groups ($ leaving your account) You bid to hit a certain CAC (customer acquisition cost) and to the extent any numbers are
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by jdross 7y ago
except that in this case, the new CEO is the one who hired the COO and brought him on with him
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by jdross 8y ago
A couple of points of clarification: - All legal brokerages (including online only brokerages like redfin) get equal access to MLS data and systems. - NAR is hyper-conscious of antitrust issues. Data access is the crux of this, which is a
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by jdross 8y ago
There’s a free app called Hiya that does this
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by jdross 8y ago
Have you considered moving to Europe?
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by jdross 8y ago
In NY a lot of the public works from 1930-1960 was driven by Robert Moses, starting with his Jones beach projects. The Power Broker would be my recommended reading.
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by jdross 9y ago
And yet here we are today in Silicon Valley with lavish perks, much higher than average pay in the country for software development, and no unions. We also have the ability to fire untalented or unpleasant people, and promote especially tal
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by jdross 9y ago
Geoff Hinton is from University of Toronto. Waterloo is great source of talent as well
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by jdross 9y ago
They sell a lot of types ads on a broad set of platforms, much like how Toyota "only sells cars". YouTube, Search, Gmail, Play store and their display network are all examples. But if you want diversification, their cloud services
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by jdross 9y ago
Well historically when a corporation couldn't reinvest its capital for an above market rate of return, it would either buy back shares or issues dividends so owners/shareholders can reinvest for higher return. Hoarding this much c
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by jdross 9y ago
They said in article 200 million daily users.
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by jdross 9y ago
Maybe a wrong way to view this, but Google does ~1,200B searches per year, market cap of ~650B. Assuming giphy does an average of 2 searches / user / day, that's ~150B searches per year. Put another way, 1/8 of Google se
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by jdross 9y ago
Booking.com is part of Priceline group

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