ramen-san

5 ms·

1.
by ramen-san 8y ago
Admittedly I’m a little shocked and disappointed that the field of social science wouldn’t already be leaning heavily on the concepts of evolution to understand and explain human behavior. Personally, it’s one of the primary ways I’m able t
2.
by ramen-san 8y ago
"A bullshit job is not what Graeber calls “a shit job.” Hannibal, and many other of the bullshittiest employees, are well compensated, with expanses of unclaimed time." Wow... where do I sign up for one of these jobs!
3.
by ramen-san 8y ago
The share of young high tech companies seems pretty consistent over the decades, with the exception of dot com, which was no doubt an aberration. Not the norm. Also, it has ALWAYS been a tremendous risk and challenge starting your own ventu
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by ramen-san 8y ago
Yes, it's true they have a stock buyback plan, so net-net it will be a wash. But the marginal decision remains the same - should we pay cash or shares for Github? If they really felt their shares were undervalued , why not just pay ca
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by ramen-san 8y ago
Agreed - definite 'strategic' rationale for the purchase. Can't get there by any conventional valuation method. But to put things another way, do you believe that having Github as a Microsoft property (or the insurance that b
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by ramen-san 8y ago
Interesting that Microsoft paid with shares. They effectively just issued $7.9B in equity without having to go to the public markets for it. Granted it’s only ~1% of their $780B market cap... but this also suggests they believe their shares
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by ramen-san 8y ago
I understand your visceral reaction here, and agree that equity pools need to be increased in general. But isn’t that really a reflection on all the folks who choose to join a startup for the prevailing equity packages offered today? The re
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by ramen-san 8y ago
It’s true, for people earning tech level salaries, the Bay Area is actually ‘affordable’ - see a comparison of earning and cost of living between SF and Kansas City here: https://ramenretirement.com/2018/05/14&#x2F
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by ramen-san 8y ago
Ha! No doubt. No shortage of schleps and ‘tech debt’ at startups too. But if the company is doubling every year it will hard to not be swept up by that rising tide in terms of seniority and responsibility.
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by ramen-san 8y ago
To put a finer point on that, it’s important to remember not all startups succeed. We never hear the TechCrunch stories about the startup that quietly shuts down, or was sold to make the investors whole, leaving founders and employees holdi
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by ramen-san 8y ago
The reality is you need to increase your top line earning power. Working for decades earning average compensation for your location will get you an average outcome (which means a late in life, short retirement, at best). You need to super c
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by ramen-san 8y ago
Yes - if rates continue rising, along with prices, then returns will get compressed. Check out my analysis of that dynamic here: https://ramenretirement.com/2018/05/16/interest-rate-impact/ Doesn't
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by ramen-san 8y ago
5 years ago was a great time to invest in real estate. Today is probably okay, though prices have risen dramatically across the board (even the cities that got crushed in the recession have risen past pre recession levels), and rates are ri
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by ramen-san 8y ago
The fed agrees with you. That’s why they have an inflation target of ~2%. They’re basically saying outright that they expect to erode the purchasing power of the USD over time. It’s one thing we can count on - inflation might be bad, but de
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by ramen-san 8y ago
Well, for context, mortgage rates have hovered between 3.5-4.5% for almost a decade. Rates now going over 4.5% is new, but it’s not a HUGE change yet, and still well below historical norms. The headline is a little sensational. That said, i