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jonknee
searching PlanetScale…
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181.
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by
jonknee
8y ago
> A family worth 90 million will still have a lot of financial anxiety My god, get out of the valley for even 2 minutes. $90,000,000 is an obscene amount of money literally anywhere in the world.
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jonknee
8y ago
On the other hand, the baseball player will create much more than that in value while Lyft has lost billions of dollars. If someone here is underpaid it's not the Lyft founders.
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jonknee
8y ago
Why not? They sell $2 bills for $1 at scale. They need constant funding.
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jonknee
8y ago
2018 revenue of $2.16B, with a loss of $911.3M. Oof. Though as a passenger I can't say I mind buying $2 bills for $1!
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Lyft Files S-1
(sec.gov)
536 points
by
jonknee
8y ago
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390 comments
186.
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jonknee
8y ago
You throw out an LED smart bulb maybe once every few years? Probably one of the single worst ways to target an individual.
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jonknee
8y ago
The reason Amazon doesn't make a lot of money (and thus pay a lot of income tax) is because they keep hiring people to make new stuff. What more do you want out of a company?
188.
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jonknee
8y ago
Amazon is about the worst example you could have for putting profits over anything. They have a tiny profit margin and are the second largest employer in the country.
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jonknee
8y ago
Not just a cover story, they created a whole glossy ad free magazine about him and printed 200,000 copies. It's bizarre. https://www.thedailybeast.com/trumps-publisher-pal-puts-saud... > Greeting Americans on newsst
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jonknee
8y ago
Which makes stories like this a lot more interesting: https://motherboard.vice.com/en_us/article/mby7kq/malware-to... > Saudi Arabia paid $55 million to purchase iPhone malware made by NSO Group, according
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by
jonknee
8y ago
> I prefer to stand up, roll this log over, and see what crawls out. It's going to be fascinating to see what he uncovers. David Pecker has been playing this extortion game for decades (frequently on behalf of his buddy Don Trump).
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jonknee
8y ago
It's depressing when paying back the money you stole and apologizing is "not what I expected" in a good way. Jumping over the world's lowest bar.
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jonknee
8y ago
There is a worldwide network of machines that do nothing but give cash out from your bank account. Judging by the number of them I'd wager that almost everyone has cash.
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jonknee
8y ago
The Excel models all look a lot nicer if you take the tips!
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jonknee
8y ago
> Why did NO ONE in any meetings when designing this "feature" or process say anything? Who's to say someone didn't? All we know is they decided to steal tips, not that everyone thought it was a great idea.
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jonknee
8y ago
The kick of the plot here is to not tip on Instacart as you're just handing money to VCs. Or maybe give the driver cash?
197.
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jonknee
8y ago
> Apple's closed environment not allowing of any apps to be installed in anyone's phone unless app is downloaded from AppStore Except the enterprise distribution which is what Facebook fucked up by breaking the rules. You have
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jonknee
8y ago
Why should they? Facebook went out of their way to abuse the rules, but should get an exception because they buy a lot of iPhones?
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by
jonknee
8y ago
> Which, by the way, might be a bit scummy but as far as I can see theres no indication they have broken any laws there either. It broke the agreement they made with Apple to get the key and as such Apple revoked the key. It seems very c
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jonknee
8y ago
> Apple's power on device owned by customers is ridiculous It's a feature I appreciate. Malware is a serious problem and one I'd rather not deal with on my phone.
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jonknee
8y ago
Well according to the article, that's exactly why they created Watch... > Although the company accounted for an impressive 45 minutes of its average user’s day, that wasn’t in chunks big enough to send them the ever-growing number o
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jonknee
8y ago
Me either and we're at least in good company: > Last summer, a year after Watch went live in the U.S., half of consumers hadn’t heard of it and three-quarters hadn’t used it, according to researcher Diffusion Group
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jonknee
8y ago
> When I watch it, my analytics aren’t tracked Unless you watch it on a smart TV. It's a shame you can't get the features of a modern TV without content tracking.
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jonknee
8y ago
It's hard to say how much anything actually costs in aviation because no one pays list price and are outfitted per the buyers' specs (why airlines all have their own in cabin look). Discounts are usually north of 50% off "l
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jonknee
8y ago
That would also throw throw us into a world war that would devastate the planet, but hey.
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jonknee
8y ago
Not everyone is directly a Federal employee, there are tons of contractors and people who work for contractors who won't get back pay and aren't guaranteed anything.
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jonknee
8y ago
So who's being harmed? The point is to get bottles to be recycled and they're getting recycled.
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jonknee
8y ago
Because they didn't sell it, they spun it off. Shareholders got 1 PYPL share for every share of EBAY. EBAY was ~$28 a share and the combined value of both is currently ~$123. An 80% annualized ROI seems like a goldmine to me!
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jonknee
8y ago
> The eBay/PayPal split has been a mess It has been an absolute goldmine for shareholders. eBay bought PayPal for $1.5b in 2002 and spun it off in 2015 for ~$50b. PYPL is currently valued at $106b.
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jonknee
8y ago
Michael Dell's fortune wouldn't change the market dynamics one bit. Apple's last buyback program was $100b, many times what Dell had and this is exclusively to purchase shares of one company in the S&P 500.
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