moocow01

36 ms·

301.
by moocow01 14y ago
In terms of business speak, BestBuy is in the services sector and in the business of retail. I think most would qualify it as an electronics retail company.
302.
by moocow01 14y ago
When asking what type of company is company X the answer should be the same as "In 1 or 2 words, what do they produce and sell"? The problem is that "tech company" has become a complement and inversely not being able to call yourself one im
303.
by moocow01 14y ago
The "software is eating the world" meme when put into perspective is like saying "accounting practices are eating the world" or "sales strategies are eating the world" in 99% of real world cases. In most businesses, software has become ano
304.
by moocow01 14y ago
I just went through a similar thing two years ago (burnt out from a startup that became a big company). I ended up taking off about 6 months and then pin-balled through a couple companies before finding something that makes me feel like Im
305.
by moocow01 14y ago
I agree thats its not sound and their is unfortunately a tendency to cherry pick data to support one's story. I'm not bullish on Zynga but I'd agree that using 2 quarters of data (if thats what is being used by the author) is unfair especi
306.
by moocow01 14y ago
I don't think mobile and social games/apps are clear-cut examples of economies of scale. Accessibility to the cloud and scalable computing resources isn't exclusive to large companies but it may indeed be somewhat cheaper according to size
307.
by moocow01 14y ago
He gets it probably from extrapolating the average of this past quarter and and the quarter before. In the quarter before the last, net income was around -435 million although I doubt their annual net will be -1B
308.
by moocow01 14y ago
I'd say Zynga's problem is that they are a big fish competing in an environment that is much better suited to lots of nimble little fish. With fickle customers and increasing offerings in their segment, its going to be increasingly difficu
309.
by moocow01 14y ago
I wonder what this list would have looked like if put together 10, 20, 50, 100 or a 1000 years ago. I also wonder what people a 1000 years from now would think of this one.
310.
by moocow01 14y ago
I'm not going to comment too much on the ethical dilemmas of this behavior but I think it is a symptom of the changing dynamic of the productization of the web. The consumer products on the web (in the larger sense.. apps etc) seem to be mo
311.
People are losing trust in all institutions(ritholtz.com)
18 points by moocow01 14y ago|6 comments
312.
by moocow01 14y ago
IMHO we need more of this (standing up for ourselves). I think there are some who don't fully realize the extent to which we have been lobbied against by just about everyone involved in this business to allow rates to be suppressed either
313.
by moocow01 14y ago
"Never working more than 40 hours a week nor staying late? It just smacks of entitlement." Working 40 hours a week is considered being "entitled"? What is entitlement is employers pushing down pay rates by paying on salary while pressuring
314.
by moocow01 14y ago
Maybe they picked up on that technique from the US - our politicians eat it up as well :(
315.
by moocow01 14y ago
I'd imagine he is referring to sales/business/management roles which can tick a lot of those boxes in many cases but the type of work might drive a lot of engineer-types insane
316.
by moocow01 14y ago
I'd rather suggest that we point fingers at an industry and employers that don't pay overtime for such scenarios before pointing fingers at each other.
317.
by moocow01 14y ago
Honestly I more cringe when I realize my coworkers in Texas only make 10k less than me and the cost of living is 2 times less.
318.
by moocow01 14y ago
Lets also consider that there is no such thing as "uneducated" Everyone has different forms of education they may just not materialize into having capital letters after their name. What we need to be thinking about is how to mend the syste
319.
by moocow01 14y ago
I don't know about teachers but believe me nurses are not seeing a huge downward pressure in wages.
320.
by moocow01 14y ago
I'd imagine in those negotiations there are agreements that everyone has to basically be tight lipped even after the deal falls apart. On the flip side, if Google had said too much it might make other business nervous to enter into negotia
321.
by moocow01 14y ago
The sad thing is that most cars have "black boxes" but are usually never used in cases for whatever legal reason. Hopefully that will reverse some over time.
322.
by moocow01 14y ago
I wonder if the true bubble is just the number of shady businesses run by shady executives on shady accounting principles.
323.
by moocow01 14y ago
Yeah I agree it is absurd - the discrepency in Zynga's GAAP and non-GAAP earnings over the past few quarters is disconcerting. My only hope is that investors seem to be catching on based upon recent stock moves. As I see it non-GAAP is f
324.
by moocow01 14y ago
From a statistical, macro perspective you are correct. But from the perspective of a driver this could be a hard sell. I would say it is similar in essence to air travel. Even though commercial airline travel is way safer than driving, I'
325.
by moocow01 14y ago
Have insurance companies figured out how accidents, tickets and liability are being handled? If there is anything I've learned in my career it is that building systems that are 100% completely error-free is pie in the sky thinking even in m
326.
Zynga’s phantom numbers bring back memories(articles.marketwatch.com)
1 points by moocow01 14y ago|0 comments
327.
by moocow01 14y ago
The fact is that under GAAP Zynga has had huge losses the last 2 quarters and under non-GAAP it has earnings. That is according to Zynga itself. For how the market responded to these mixed earnings figures you can look at Zynga's haircu
328.
by moocow01 14y ago
Its probably just best to look at their financials in that there is a lot of interpretation. You can look at GAAP vs. non-GAAP and trailing and forward earnings as well as a number of other things to come to a P/E. In other words they are
329.
by moocow01 14y ago
This is also half the story. Under GAAP, net income was -85 million last quarter and the quarter preceding it was -435 million.
330.
by moocow01 14y ago
P/Es are a little confusing... earnings by that metric really means net income or earnings per share. In other words their liabilities and costs figure into "earnings". Fred Wilson is using some wonky math there. Using projected earnings

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