seanmccann

9 ms·

31.
by seanmccann 9y ago
Funds with international investors often incorporate in a place like the Caymans. If the fund was incorporated in the US, a UK investor "deal with" US+UK tax, even if they don't visit or do business in the US.
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by seanmccann 9y ago
You can incorporate in Delaware to allow shareholders from any US state avoid double taxation. You incorporate (mostly funds) in zero tax countries to allow worldwide investors avoid double taxation. A shareholder of an "offshore"
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by seanmccann 9y ago
San Francisco's population density, willingness to pay for faster internet, and displeasure with Comcast will hopefully mean more success than Brentwood.
34.
by seanmccann 9y ago
Are you from China? I just looked this up and it seems that for Chinese nationals, O-1 is single entry. I believe it's multiple entry for nationals of nearly every other country. It has to do with some US-China reciprocity agreement.
35.
by seanmccann 10y ago
SVB's biggest value is in more complicated financial products for startups when traditional banks may not want to work with startups. I've worked with SVB in the past for an AR line that almost no bank would have given us. If you
36.
by seanmccann 10y ago
Cricket has speeds throttled to 8Mb/s. VoLTE, Wifi calling, and some other features are only available to AT&T postpaid accounts (may be available now/soon?). Also postpaid account are allowed some domestic roaming, which can
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by seanmccann 10y ago
As a MVNO, it'd still be on a network operated by one of the big 4.
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by seanmccann 10y ago
I think when people say is Snap a Twitter or Facebook they are wondering if it will +350% or -60% in the first few years after IPO.
39.
by seanmccann 10y ago
> Fast forward a few years and we were running a network with POPs on five continents and data centers with hundreds of thousands of servers. That seems high given Twitter's size and the hardware distribution pie chart they showed.
40.
by seanmccann 10y ago
Apple earns about 94% of the smartphone industry profit with just 14% of the market. It's a thing.
41.
by seanmccann 10y ago
Most American small businesses would be out of business if they had to pay even 1 day earlier than 30 days (or whatever the industry standard is). Most pay well past the due date. They need to wait the industry standard to get paid themselv
42.
by seanmccann 10y ago
At my first startup, checks were the industry standard and we naively thought that we could change behavior by introducing modern payment tools to our customers. It turned out that our customers used checks because it helped with their cash
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by seanmccann 10y ago
This really was a great plan and I hope Apple can make it work. With the iPhone Upgrade Program, Americans can finance a new unlocked phone with 0% interest, reducing the cell carrier lock-in. After 12 months, you can exchange your old phon
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by seanmccann 10y ago
One of the big differences between the government writing checks and a private organization, are the tax consequences. Does anybody know exactly how that would work? Would it just be self employment income, with all the self employment taxe
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by seanmccann 11y ago
Openvote | San Francisco, CA | ONSITE | Product Designer We are looking for a talented product designer to work with us to build Openvote, the first crowd-voting platform for elections. We aim to make politics more inclusive and transform h
46.
by seanmccann 11y ago
Openvote | San Francisco, CA | ONSITE | Product Designer We are looking for a talented product designer to work with us to build Openvote, the first crowd-voting platform for elections. We aim to make politics more inclusive and transform h
47.
by seanmccann 11y ago
The way that housing is keeping the Canadian economy afloat is that homes have appreciated a tremendous amount over the last 10 years. In Calgary it's over 2x in 10 years or 9% per year. In Edmonton and Calgary I can echo that there is
48.
by seanmccann 11y ago
Openvote | San Francisco, CA | ONSITE | Product Designer We are looking for a talented product designer to work with us to build Openvote, the first crowd-voting platform for elections. We aim to make politics more inclusive and transform h
49.
by seanmccann 11y ago
They'd just get an insurance policy as a fallback but probably just buy the customer a new TV and make sure the mover is more careful next time.
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by seanmccann 11y ago
It's used to fly the San Jose Sharks hockey team and staff.
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by seanmccann 11y ago
In most cities, there is more than enough demand for drivers to work full time (~40 hours/wk), but they value the flexibility over maximizing pay. There are plenty of folks out there that are unable to work 8 contiguous hours. Perhaps
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by seanmccann 12y ago
Last year Uber was using Backbone and the JSON returned to the client included ALL information about the drivers you have used for trips including home address, phone number, etc. I wonder if this has something to do with that?
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by seanmccann 12y ago
Sounds like that guy might make more money driving with Uber than having to pay $80/day to play.
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by seanmccann 12y ago
Discover got $1.2 billion. Capital one got $3.6 billion. Both are a small fraction of the $25 billion Wells Fargo and Citigroup got.
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by seanmccann 12y ago
Here's the story from the founder's perspective: http://webcache.googleusercontent.com/search?q=cache:QkTa-zW...
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YC Alum Hacks Jason Calacanis' Voicemail Message to Ask for Investment(twitter.com)
134 points by seanmccann 12y ago|87 comments
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by seanmccann 12y ago
From what I remember, this is exactly what Detroit is trying to avoid. They have these auctions with the expectation that they will be lived in either by the owner or a lessee.
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by seanmccann 12y ago
The value of one single house is basically negative because of the bad neighborhood, bad surrounding homes, high crime, etc. By buying a larger number of contiguous homes, you can greatly reduce those problems. Sounds like a fantastic idea.
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by seanmccann 12y ago
Two big differences. In-App purchases allow for smaller transactions where Apple Pay with Stripe would actually cost 33% for $1 or 18% for $2. In-App purchases are setup beyond just handling the payment. You can restore purchases across dev
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by seanmccann 12y ago
This one always rubbed me the wrong way after the "1 million run rate after 2 months" article. Since run rate was likely last week * 52, they simply sold $19k worth of good and took their 15% or $2.9k. An accomplishment for founde

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