joshjkim

12 ms·

31.
by joshjkim 9y ago
surprised there's not more focus about network effects (a nod and link to "aggregation theory", which is more about distribution), and the fact that any social network's value, is tied to that in a big way, and therefore
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by joshjkim 10y ago
anti-trust enforcement is premised on the existence of some harm, generally related to anti-competitive practices (like price fixing), and it seems like Posner doesn't see a harm there, at least in traditional anti-trust terms. this is
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Desperation time (the future of global capitalism vs. socialism )(nplusonemag.com)
1 points by joshjkim 10y ago|0 comments
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by joshjkim 10y ago
Cisco did this with some success (by some measures at least!): http://www.businessinsider.com/why-cisco-showered-three-men-... Basically, funded the company of their star engineer(s), and had a put/call (for Cisco and
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by joshjkim 10y ago
it's not quite apples/apples, and the law tries to protect minority shareholders from unfair actions by majority holders, but if the major stakeholders can say "it's in the best interest of the company" with a strai
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by joshjkim 10y ago
a recap is a pretty general term used to describe any time capital structure is meaningfully changed, but in this case (and oftentimes in the realm of VC-backed co's) it usually refers to a situation where in connection with a new roun
37.
by joshjkim 10y ago
as others say, totally legit to criticize the writing of a dead or living writer, they take on that risk when they decide to publish. mostly here to say: all of DFW's writing is basically a pain in the ass to read, and many folks (incl
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Salesforce Shareholders Dislike Possible Twitter Deal(nytimes.com)
1 points by joshjkim 10y ago|0 comments
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Is Bandcamp the Holy Grail of Online Record Stores?(nytimes.com)
195 points by joshjkim 10y ago|119 comments
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by joshjkim 10y ago
RE: financials - around $400m in annualized revenue as of last summer ( http://www.bloomberg.com/news/articles/2015-06-24/dropbox-is... ). no recent news of their growth, but I would be surprised if they did mo
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by joshjkim 10y ago
yes, possible to early exercise an ISO and then elect 83(b). however, if you definitely want to early exercise, NSO is preferable since an NSO has more favorable tax treatment wrt to timing: for NSO, long-term capital gain treatment starts
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by joshjkim 10y ago
private equity specifically does mean stock that is not publicly traded. BUT (and I may be wrong here, so apologies if I am!) I think some of the confusion may be that the term "private equity" is more commonly/generally used
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P. Thiel to Address White Nationalist-Friendly “Property and Freedom Society”(splcenter.org)
7 points by joshjkim 10y ago|0 comments
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Jawbone Ends Production of Fitness Trackers; Selling Speaker Business(bloomberg.com)
1 points by joshjkim 10y ago|0 comments
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Burning Man for the 1%(theguardian.com)
21 points by joshjkim 10y ago|5 comments
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Postmates Fundraising $150M(bloomberg.com)
1 points by joshjkim 10y ago|0 comments
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How Big Philanthropy Undermines Democracy(dissentmagazine.org)
3 points by joshjkim 10y ago|0 comments
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by joshjkim 10y ago
A recent book that tries to address this (kinda annoying title): http://www.rushkoff.com/books/throwing-rocks-at-the-google-b...
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Leaked Postmates financials suggest company might be doing better than thought(techcrunch.com)
71 points by joshjkim 10y ago|46 comments
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Uber settles class action for $100m(buzzfeed.com)
3 points by joshjkim 10y ago|0 comments
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Self-driving Delivery Vehicle Raises $2M from a16z(techcrunch.com)
1 points by joshjkim 11y ago|0 comments
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by joshjkim 11y ago
I agree - put another way, bad-but-hyped companies are hiding in the private markets, because they can maintain a high-valuation with a strong PPT and unaudited financials vs. going public getting punished by the market for weak (maybe terr
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by joshjkim 11y ago
admittedly 0 in the last quarter is unusual, but the trend is explainable, and it's weird that the article acts like there's some sort of mystery here, when the reasons for the trend seem pretty clear (and have been discussed at l
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by joshjkim 11y ago
ah yes - that is right. I attempted to say something like this when I mentioned western corp's ability to "overpay vs. the local bribery market" and all that, though I admit I didn't flush it very well out. here's a
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by joshjkim 11y ago
Cynical reaction: well, we all knew someone was doing it, now we've identified a few. One thing I can't help think here is: this is just another uncomfortable truth re: what a truly global economy looks like (frankly, similar the
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by joshjkim 11y ago
In terms of developing countries that are the subject of this story (with no real campaign finance frameworks and/or enforcement, and maybe not even open elections), I think you're right to say there's probably no real differ
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by joshjkim 11y ago
There's a couple answers here - as you mentioned, marketing is a huge cost, and they have to support a massive global ad sales organization as well to support the free tier. IMO, what's really more problematic and complicated is t
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by joshjkim 11y ago
Good point - it's all or nothing for Spotify, they are not profitable at current scale and need critical mass re: subscribers + defense against Apple, and if they don't get there, then they are dead anyhow.
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by joshjkim 11y ago
Ya - sucks. I said this in a comment below, but also relevant here: capital > labor
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by joshjkim 11y ago
heh true, they might not care at all - Apple makes more $$ in a quarter than several Spotify market caps. But, here's a few theories: if Spotify keeps calling itself the "leader" in streaming and Apple decides it wants this t

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