jonknee

12 ms·

61.
by jonknee 7y ago
It might also discourage other companies from getting into the fraud/scam sector, which would be great.
62.
by jonknee 7y ago
Can you access your Android backup from iOS? I'm talking about the OS level backup/restore functionality, not generic file storage a la Dropbox.
63.
by jonknee 7y ago
> on Sprint Found the problem!
64.
by jonknee 7y ago
It's an iPhone backup, of course it's a "walled garden". It works really well, maybe you haven't used it in years. I can literally throw my phone into the ocean, walk into an Apple Store and within a short time be
65.
by jonknee 7y ago
I think you're reading way to into the naming scheme. They simply ran out of letters and went with Pro to designate the more expensive model. It's still a smartphone, it's not like there is a large market out there for people
66.
by jonknee 7y ago
I guess we have different ideas of pro users. I'll take the cloud storage / backup any day of the week. If you're really doing the math on $3 a month you probably shouldn't be looking at a $1000 phone regardless of stora
67.
by jonknee 7y ago
I mean that's like booing the Lightning connector. It's a known quantity and is no worse this year than last year.
68.
by jonknee 7y ago
iCloud storage makes it fairly easy to not keep everything you've ever recorded on your phone, it really depends on the user. Back when you kept all your music and all your photos/video it was more critical to have a ton of stor
69.
by jonknee 7y ago
Because it has been that way for years? Why would people boo for the existing structure?
70.
by jonknee 7y ago
And yet way more iPhones with camera bumps have been sold than ones without. Life moves on. In the real world almost everyone uses a case and that negates any camera bump. People will make fun of it for a day or two online, but it just does
71.
by jonknee 7y ago
> completely anonymously Except we're all out here talking about this and no one knows what other $1bn transactions have occurred in the banking system today so we're not talking about those.
72.
by jonknee 7y ago
Banks typically treat billionaire customers differently too, it's absolutely ludicrous to think they'd have to use hundreds of thousands of transactions (let alone pay for them!).
73.
by jonknee 7y ago
It would be free if done through a bank and you could actually get a lot of free steaks out of it. Once you have a little bit of money banks start treating you well, when you have a lot of bit of money they treat you really well.
74.
by jonknee 7y ago
Do you really think people use 400,000 transactions costing $20 apiece to move large amounts of money? If you keep a billion dollars in a bank account (!) you can simply call your private banker and have it done with no fee.
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by jonknee 7y ago
> "I decided to make a counter-offer using insurance proceeds in the amount of $400,000, which I determined to be consistent with ransoms recently paid by other municipalities," Mayor Mitchell said during a press conference (im
76.
by jonknee 7y ago
Why shouldn't there be lots of kinds of indexes? There are certainly ones like you describe. In practice it just doesn't matter, the large companies are so much larger that adding even thousands of tiny companies doesn't mo
77.
by jonknee 7y ago
Yes, but strategies change in a crash. It's possible no one learned from the 2015 flash crash, but I bet a lot of smart funds out there are ready for one. If a dumb AP is going to put out a crazy price someone is going to be there to s
78.
by jonknee 7y ago
Authorized participants arbitrage all day, if they see dislocation they can certainly hold on to certain names.
79.
by jonknee 7y ago
Yes, if indexes sell off any many times their average daily volume that means components will as well. That's fine. If something happens where people are selling the S&P 500 down 20% in a single trading session (the full day circui
80.
by jonknee 7y ago
Usury laws typically apply to consumers, not loans to businesses. They also probably wouldn't count this type of financing as a loan. Regardless, this exact method of financing already exists and is very popular so I'm going to go
81.
by jonknee 7y ago
Yes, a greatly improved experience is exactly Stripe's MO. That is innovative in my book.
82.
by jonknee 7y ago
No application and approval process?
83.
by jonknee 7y ago
Here's a twitter thread from John Collison detailing why they launched this. It sounds pretty innovative (not exactly a surprise considering it's Stripe!). https://twitter.com/collision/status/11696604883
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Stripe Capital(stripe.com)
804 points by jonknee 7y ago|261 comments
85.
by jonknee 7y ago
Well that's a different thing than what the OP claimed (marking up an investment with a tiny secondary round). They marked it up with a giant round!
86.
by jonknee 7y ago
Sure, which also happens every time there's a big down move in the market. Actually per prospect theory it is often the best performers that get sold first: https://en.wikipedia.org/wiki/Disposition_effect Regar
87.
by jonknee 7y ago
As opposed to all the recessions/crises before indexing where stocks didn't go down? Sharp people will scoop up great names at a discount just like always.
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by jonknee 7y ago
Wow, a whole $86m or .4% of SNAP!
89.
by jonknee 7y ago
Well they also have a significant share of invested funds ($5.3 trillion under management!), it would be really weird if they didn't have a significant share of many companies.
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by jonknee 7y ago
I mean they put in $2b in the last round, that's not exactly chump change! https://www.reuters.com/article/us-wework-m-a-softbank/softb...

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