kenneth

63 ms·

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by kenneth 8y ago
https://www.google.com/flights/#flt=SAN.PEK.2018-11-15*PEK.S... Take your pick of dates on the calendar: $1,900 to $2,200 is available pretty much any days. Sure, it takes a bit of knowledge and research to find the go
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by kenneth 8y ago
Yes, it's called the PassPlus program [1]. I don't believe United publishes the status perks online, but you can see the full terms on the FlyerTalk thread wiki [2]. Investment Levels Individual Plans Minimum $2
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by kenneth 8y ago
Avios is extremely useful for getting cheap domestic flights last minute. SFO-LAX day of departure starts at $180, but costs 7,500 Avios only. PUS-KIX or HKG-TPE cost a measly 4,500 Avios. They can be a real life-saver.
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by kenneth 8y ago
SF is definitely a hub with about 50% market share to United. It's also a hub for the smaller Alaska (mostly via their acquisition of SFO-based Virgin America). As a SFO-based frequent flyer, if you fly to numerous destination (instead
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by kenneth 8y ago
Your math is way off. Did you check the distance on a map? SFO-HKG 2x will earn you 27k miles [1]. Most programs have their status levels at 25k miles for lowest and 100k for highest. So, ignoring spend, 2 round-trips to HKG will earn you S
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by kenneth 8y ago
Not all airlines have spend requirements. (Alaska doesn't, and neither do most foreign programs). You can waive United spend requirement by using their credit card, too. Also, Star Alliance partner flights do earn PQDs on United as lon
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by kenneth 8y ago
Low-cost carriers have very different businesses too focused on lowering costs. The "low-cost" in the name refers to the carrier's costs, not the customers. They typically have all-economy planes and use a single aircraft mod
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by kenneth 8y ago
The price differences are not as stark as you say. Business class in particular has gotten quite cheap these days. In the past few months, I flew round-trip California to Beijing 3 times for $1,900 in business class. That's affordable
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by kenneth 8y ago
Global Services is insane. Qualification requirements are insane, too. It's invite-only, based on unpublished criteria. It's speculated that when based at a hub airport like SFO, it takes about $75k in annual spend on full-fare Un
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by kenneth 8y ago
Not necessarily. Two round trip in economy to Asia in a year will get you bottom tier status. Quarterly trips in business (not uncommon if you work at some big company) would get you top-tier status.
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by kenneth 8y ago
The programs are full of loopholes. So yes, business flyers paying on company dime are footing the bill, but the clever travel hacker can often get a great deal in the process.
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by kenneth 8y ago
You're giving up a 5%+ (minimum) return on your money spent by declining to participate. For me the return is closer to 20–30%. Declining to participate has a non-trivial opportunity cost.
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by kenneth 8y ago
The most obvious example of this in daily life is through airlines, where the difference is pretty transparent and you get night-and-day better service by being a loyal customer. With top status with AA and UA (EXP and 1K), you connected to
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by kenneth 8y ago
Noble, like nobility, not Nobel, like the Swedish chemist.
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by kenneth 8y ago
So what? Suicide is a choice. A really bad one. The whole world shouldn't be expected to walk on eggshells to prevent some people from making a really stupid choice. And maybe, on the other hand, it will serve as a cautionary tale to p
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by kenneth 8y ago
I imagine it will be a much higher share of commercial vehicles (busses and trucks) vs. the bay bridge that is largely a commuter bridge. Macau and Zhuhai are too far away for people to commute. And politically, Macau's population is t
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The Evolving Role of Crypto Investors(multicoin.capital)
1 points by kenneth 8y ago|0 comments
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by kenneth 8y ago
I'm a bit confused by the wording, but I think you're trying to say that to a sovereign wealth fund, investment opportunities are essentially fungible because they're allocating their money over a large portfolio. So if one o
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by kenneth 8y ago
I'm really not a fan of the entitlement attitude that we should just take money from the rich to fix our self-inflicted problems.
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by kenneth 8y ago
I don't imagine they count AngelList as a fund, or AL would easily be at the top of the list. (If they counted each company that had an AL series LLC on its cap table.)
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by kenneth 8y ago
Ha, I like the way you think! The truth is, most VCs are fairly undifferentiated. We provide value in a number of ways, but then again, it's hard to say why we're better than any other decent seed fund. Another why many of our inv
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by kenneth 8y ago
Getting into YC is a great way to jump-start your network. Ultimately, having a strong network is key to building a successful venture business. Expecting otherwise is unrealistic. VCs aren't charities. Seed investing is a business wit
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by kenneth 8y ago
Agreed there are exceptions to the first two rules — the two best performing investments in my portfolio respectively are exceptions to #1 and #2. That said, these are the exception, not the rule. • Out of ~70+ companies I've invested
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by kenneth 8y ago
This is terrible advice if I've ever seen any. You do not start a productive long-term relationship my lying to investors or treating them like shit. I have noticed a growing trend in generally arrogant founders in the past few years,
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by kenneth 8y ago
I run a $30M early stage venture fund. Here's what I wish first-time founders knew: • Don't bother cold emailing me, you'll end up straight in the trash. Don't even think about reaching out on LinkedIn, I open it once a
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by kenneth 8y ago
According to a quick Google Maps check right now, my commute every day to school was ~20min by default, but probably closer to 40min in morning traffic. From the Bluff to Glenwood. Granted private drivers aren't always a thing — but ce
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by kenneth 8y ago
Having lived in Durban my high-school years… I can't recommend it. I hated every second of it. I found the place to be utterly corrupt and demoralizing. It takes a toll on you to have to rely on private drivers and gated communities on
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by kenneth 8y ago
Not sure what you mean by 20k in options. If you mean share count, those are meaningless numbers, in that without knowing the number of outstanding shares you don't know the denominator in the denominator in the fraction. Find out all
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by kenneth 8y ago
You can always ask for a retainer, too.
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by kenneth 8y ago
You can get credit specifically to solve for that issue, usually at reasonable rates. Short-term small business loan facilities exist. Another decent option if you're reasonably sure you'll receive payment NET30 are credit cards +

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