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60 ms
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271.
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by
pge
7y ago
I agree with your larger point that his dealings are a huge red flag, but just to clarify, a bunch of that money was borrowing against his existing stock rather than actually selling to investors, which is quite different. Selling can imply
272.
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by
pge
7y ago
I read the article differently. At the end, the warning seems to be less about lack of disclosure (i.e. funds masquerading as angels) and more about the consequences of taking large amounts of capital under a safe or convertible structure.
273.
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by
pge
7y ago
DC native here too - this may just reflect my age but it seems like jawnks was relatively short lived in the late 80s/early 90s (at least I haven’t heard it since then), ie a slang trend (not unlike the Greaseman-coined “dische” of the
274.
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by
pge
7y ago
Diarmaid McCulloch's book "Christianity: The First Three Thousand Years" discusses this at some length. My recollection from the book is that celibacy was not a driver of the rise of the Catholic Church (which was already wel
275.
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by
pge
7y ago
Thanks - I was actually using Davmail but at the time it did not have the address book and calendar integration, and I had not checked up on it ina few years. Looks like it has gotten more features since then. I may have to give mutt anothe
276.
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by
pge
7y ago
I used mutt+offlineimap for a few years, with a corporate account on an MSExchange Server and the two biggest issues I had (which I hope Aerc addresses) were: * no good way to search/auto-complete addresses (I used vdirsyncer which got
277.
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by
pge
7y ago
only since 1863...
278.
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by
pge
7y ago
If you haven't already seen it, check out Donald Knuth's Dancing Links algorithm for solving sudoku. Here's a good overview and intro (that includes a link to the paper). https://www.kevinhooke.com/2019/0
279.
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by
pge
7y ago
I think the answer to this is the same as the answer to the classic interview question, “why are manhole covers round?” With a round hole, a ring of slightly larger diameter (to hold the net in this case) cannot pass through the hole, no ma
280.
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by
pge
7y ago
Knowing nothing about the specific terms of any Uber investment, I'll just say that in every deal I have been a part of, the liquidation preferences and associated protections went away at IPO (when all shares convert to common). It wi
281.
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by
pge
7y ago
Aren't the events themselves divided by gender? (i.e. what your are describing is a result of the way competitions are structured, not a symptom of preference) I don't live in a horse area but have family that ride high school rod
282.
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by
pge
7y ago
Also, if you want to learn more about Oliver Sacks outside of his weightlifting, check out Awakenings (his book, later made into a movie starring Robert DeNiro and Robin Williams, with the latter playing Sacks) or The Man who Mistook His Wi
283.
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by
pge
8y ago
+1 for Locking up Our Own - really interesting study of how the crack war led to massive incarceration of black youth, using DC as the primary case study
284.
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MIT spinout conduit emerges from stealth
(americaninno.com)
2 points
by
pge
8y ago
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0 comments
285.
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by
pge
8y ago
Fun fact: A story about Harold Bluetooth is also the likely original source of the apple shooting portion of the Wilhelm Tell story. https://en.m.wikipedia.org/wiki/William_Tell
286.
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by
pge
8y ago
This is anecdotal, but a trend I am hearing from companies in the cloud hosting sector is that because Ubuntu has been a stronger desktop OS (better at "just works" out of the box, particularly on laptops), developers who use it f
287.
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by
pge
8y ago
I guess 2 days of silence answers this question:)
288.
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by
pge
8y ago
Does anyone out there use this as their primary operating system? Curious to hear how it is working - does it live up to the vision?
289.
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by
pge
8y ago
Can you point me to data about a period of non-warming since this paper was written (1983) that coincided with a change in terminology? These data from NASA seem to show a consistent warming trend over that time period https://cl
290.
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by
pge
8y ago
I read the Feynman books as a young person (middle school?) and I came away with a different and very positive impression. What inspired me about him was his insatiable curiosity and how that was expressed. As a kid, the silly stories are f
291.
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by
pge
8y ago
In LISP-like languages like Racket, the code is a list. That is, a program is just a list of tokens (a b c), the same data structure one would use for storing any other kind of data (the equivalent of Python’s [a b c]). When programs are th
292.
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by
pge
8y ago
Watching from afar, it seemed to me that the catalyzing event for NY's startup scene was the collapse of the banks. The big banks had a lot of very strong tech talent, for whom it was a huge financial risk to leave and join a startup (
293.
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by
pge
8y ago
While some of this is overstated, directionally it is on point, but he ignores one very important factor: the customers. The LPs that provide most of the capital to the VCs (pension funds and endowments) expect and want a certain product (2
294.
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by
pge
8y ago
One thing I do in all my term sheets that might be a useful addition is to include a summary cap table showing the founders how much they own and our fund owns post-funding. That pre-empts any confusion over the impact of an option pool inc
295.
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by
pge
8y ago
This is a key point. If the false positive rate is 18% (as noted in other comments), and the rate of Alzheimer's is 36/100k[1], then for every patient the test correctly identifies, there are 500 patients that tested positive but
296.
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by
pge
8y ago
one risk is that if too many people are invested in index funds (passive, not buying or selling based on new information), then the price of those stocks is determined by a small group of active investors
297.
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by
pge
8y ago
also a lot of computational fluid dynamics modeling (naval, aeronautical, automotive, etc.)
298.
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by
pge
8y ago
if the company won't share the preference stack with you, look up the total amount of capital the company has raised (or ask the question that way - that may be more likely to get an answer). In most cases, the preference stack = total
299.
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by
pge
8y ago
In my experience (~ 20 years at institutional VC funds), 2x preference (or anything above 1x) is extremely rare. It comes up only when there is a distressed situation, and the investors do not believe that they will receive any money beyond
300.
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by
pge
8y ago
Typically preference = invested capital, but there are exceptions where it could be more (usually only if investors were investing in a distressed situation)
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