mrep

86 ms·

841.
by mrep 7y ago
> Only 1 in 10 employees said cash or equity compensation was a primary reason they joined their company, and only 1 in 20 founders said equity played a starring role in their pitches to candidates. Sounds like a self fulfilling prophecy
842.
by mrep 7y ago
Aren't those industry wide unions whose main purpose is to set wage floors because there are so many people desperately trying to get into the industry that without them, employee conditions would be terrible for those just starting ou
843.
by mrep 7y ago
While there are definitely some shitty teams at FAANG, there are plenty of teams where you just need to put in your 40 hours a week and then go home. I've worked for multiple teams at 2 FAANG companies now and never worked more than 4
844.
by mrep 7y ago
Aren't those industry wide unions whose main purpose is to set wage floors because there are so many people desperately trying to get into the industry that without them, employee conditions would be terrible for those just starting ou
845.
by mrep 7y ago
> Everyone kicks and screams about transit systems "paying for themselves" If you mean paying for themselves with fares, then no, as most public transportation does not cover the costs with just fares [0]. For example, I'
846.
by mrep 7y ago
Just because it is not perfect does not mean it is useless. Just look at the countries trying to endlessly print money to see what happens when you ignore it.
847.
by mrep 7y ago
> PE ratios are also at all time highs: that's the Price to earnings ratio What index are you looking at? SP 500 is at about 23 [0] which while higher than median, is definitely not at all time highs. [0]: https://www.mu
848.
by mrep 7y ago
Real estate returns are actually pretty much on par with stocks if you include rent [0]. Granted, if it is your main home, you are just transferring that rent value to yourself but it's still much better to transfer that value to yo
849.
by mrep 7y ago
But Robinhood will next year according to the announcement: Starting early next year, we’ll support Dividend Reinvestment Plan (DRIP) and Recurring Investments. Automatically reinvest cash dividends back into your stocks and ETFs, and sched
850.
by mrep 7y ago
I'm not sure if you can buy fractional shares outright but all of my ETFs in vanguard contain partial shares as they are all set up to reinvest dividends.
851.
by mrep 7y ago
My secret theory is that glassdoor purposefully doesn't improve their website because they don't want everyone to know how poorly they pay compared to GAFAM. levels.fyi is so much more accurate and informative whereas glassdoor ne
852.
by mrep 7y ago
How are they not paying taxes? The people selling their stock to the company in the buyback have to pay taxes on any gains and the people holding onto the stock long term will eventually have to pay taxes on any gains when they finally do
853.
by mrep 7y ago
No it's not as investors will have to pay taxes on any gains when they sell there stock which should happen in proportion to the buyback all else being equal. Buybacks just allow them to defer realizing those gains and paying taxes on
854.
by mrep 7y ago
The government already gets first dibs through corporate income taxes. Buybacks aren't deductible from that.
855.
by mrep 7y ago
I'm with you. I bought my first car last year and while I had moved some money into my checking account and even got a few checks for the first time for the down payment, they offered me 0 down with 2.9% interest which I took without
856.
by mrep 7y ago
Are there no required classes like that in your state? I took a consumer economics class in high school just over a decade ago out of requirement and looking at the current curriculum for my high school still shows an Illinois consumer edu
857.
by mrep 7y ago
42,000 satellites × 21 gbps per satellite for first gen satellites × (2,959,064.44 miles squared in continental us ÷ 196,900,000 miles squared on earth) = 13,254 gbps over continental us assuming they are evenly orbiting around the planet (
858.
by mrep 7y ago
For rural areas, with all of the low earth orbit internet constellations being proposed, I'd rather wait to see how they end up doing rather than massively investing in laying down a ton of fiber at enormous costs especially when space
859.
by mrep 7y ago
> In both countries, the federal government tries to intrude using means such as conditional transfers of funds - taxing the citizens of states/provinces and only giving back the money if the state/province does as they wish. Y
860.
by mrep 7y ago
For ads at least, I'm pretty sure Google and Facebook are effectively paying 100% of that. As far as I know, their ad systems work on a bidding process and common wisdom is to bid the average profitability of a new customer * the conv
861.
by mrep 7y ago
Buffet pays capital gains taxes and most economists who argue for dropping the corporate income tax only recommend so with an increase in income/cap gains taxes or even merging them.
862.
by mrep 7y ago
The tax will effect more than Google like Facebook and Amazon. The 850M number accounts for the tax revenues from all companies.
863.
by mrep 7y ago
Oops, didn't look at the year. Updated
864.
by mrep 7y ago
Discussed last year with 340 comments: https://news.ycombinator.com/item?id=17920720
865.
by mrep 7y ago
Chicago has the 3rd largest metro population in the entire US [0]. Granted, I wouldn't argue that old housing is what keeps housing relatively cheap there but instead that there is endless farmland to build new housing and thus the pr
866.
by mrep 7y ago
I'm biased since I grew up in Chicago, but I think Chicago could have handled it fine with the endless farmland to develop with housing especially if the companies put their offices in high rises downtown as Chicago has double decker t
867.
by mrep 7y ago
> better commute Wasn't a big issue for us at least as we have double decker commutator trains. The one that ran through my town has 3 tracks even so the train only has to stop at a few stations and then it hops onto the middle tra
868.
by mrep 7y ago
I'm with you. Granted, I do consider it an investment in the sense that every month I pay off part of the principal and thus I can get some money back when I sell it whereas I'd get nothing if I was renting but I don't expec
869.
by mrep 7y ago
27th according to Forbes [0]. [0]: https://www.forbes.com/profile/david-thomson/#2d5599fa5628
870.
by mrep 7y ago
> However, a lot of people rely on capital gains for their retirement, so a tax on that money would negatively affect anyone who puts money in the stock market for retirement... That's pretty much already solved with 401ks and IRAs

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