simonrobb

11 ms·

61.
by simonrobb 9y ago
Only for official RFIs though right? Not all email communication. (speaking from my experience as a structural engineer in Australia, things may be different here)
62.
by simonrobb 9y ago
> It is absurd to claim that liquidity in Uber shares would result in a 30% discount. I'm not sure that it is (as aaavl2821 has commented down the thread, "The liquidity discount that private equity investors use is typically
63.
by simonrobb 9y ago
I'll also add that liquidation preference is to reduce risk for investors in case things don't pan out well in a liquidation event. If all goes well and money starts raining from the sky, the payout will be equal for the common st
64.
by simonrobb 9y ago
Good reading. Thanks for the link. I don't understand how this model can be applied to private companies. It seems to require a cap table, which isn't publicly available until after the company goes public. I understand that in th
65.
by simonrobb 9y ago
> Uber can’t be worth $69B unless the values of all the shares (including the common) add up to $69B This deal is effectively a one-time secondary market for existing investors to sell their stock. If I'm an early employee who has
66.
by simonrobb 9y ago
> exploiting Benchmark’s desire for an exit Does that imply that they'll be buying Benchmark's stock, rather than employees'? > SoftBank is getting extremely cheap debt at the moment That sounds like some interestin
67.
by simonrobb 9y ago
I may be falling for a nice perception play from Uber, but I took this more-or-less at face value: Softbank is buying up a lot of valuable property at the moment, and even though Uber wouldn't be raising again for another 6-12 months,
68.
by simonrobb 9y ago
> it has no effect on the current valuation at all Agreed, this statement was probably a little strong. But certainly it doesn't represent a new $48B valuation as the article suggests. I suppose I'm objecting to the implied sug
69.
by simonrobb 9y ago
I don't think an appeal to authority adds much to the conversation here. Mainstream media (and social media, and niche media) should be open to fact-checking by the public now more than ever.
70.
by simonrobb 9y ago
"...at a price that would value the ride-hailing company at 30 percent less than its most recent $69 billion valuation". This is not true, it has no effect on the current valuation at all. Softbank are looking to buy shares at thi
71.
by simonrobb 9y ago
I have an Agtech startup I've been working on for the past year, but am stepping away from it for personal reasons. It's R&D heavy, so I haven't got customers yet, but I believe there is real opportunity (said every custo
72.
by simonrobb 9y ago
I currently live in East Melbourne (~15 second walk from Hoddle Street) and pay through the nose for the privilege. And yet a few years ago lived in one of those big Victorian terraces on Hoddle just 50 metres away, where a mate and I paid
73.
by simonrobb 9y ago
Miceuz's work is excellent and this sensor in particular is on point. I've been using a handful of them with an ESP8266 as a wireless I2C master for the last year or so.
74.
by simonrobb 9y ago
...nope. This'll give you a nice little touch sensor but not much more than that. Try turning this into any sort of usable measurement of soil moisture as opposed to "there's wet soil on this strip of foil" and you'
75.
by simonrobb 9y ago
That's still a lot of users. By that logic most B2C companies (e.g.: Atlassian) shouldn't have a big valuation either. My point is that Slack has taken technology which has been around a long time, made it fun and usable so people
76.
by simonrobb 9y ago
I'm sure most entrepreneur types run off the "thrill of the chase", and a big exit would momentarily dilute the initial mission. But you are waayyy overstating that effect. You've suddenly got a massive amount of capital
77.
by simonrobb 9y ago
A glorified IRC client built on web tech... that everybody uses. Tech is only one small part of a business. Slack provides real value to millions of people, $9B certainly doesn't seem an unreasonable valuation to me.
78.
by simonrobb 9y ago
I live five minutes' walk from the Melbourne CBD, and we have no indication NBN is going to be rolled out here any time soon.
79.
by simonrobb 9y ago
John Clarke is a satirist, who played the role of whichever government official was topical at the time for decades. Not an actual government official.
80.
by simonrobb 10y ago
Early days yet for #feedit, but if enough people join the conversation it's going to be a great community.
81.
by simonrobb 10y ago
I'm not an engineer anymore, but at one point I was doing a lot of structural analysis in Excel. When we found the existing spreadsheets (purchased) weren't good enough, I wrote an entire library of analysis and design spreadsheet
82.
by simonrobb 10y ago
More than happy to start a conversation with them; also feel free to pass on my email: simon at touch dot farm. Interesting thoughts on the reusing the waste. I toured the Carlton United breweries the other day, and found out it's thei
83.
by simonrobb 10y ago
That's a shame, because it is otherwise an interesting and informative article for entry-level ML. It's just really, really poorly framed.
84.
by simonrobb 10y ago
Beat me to it. Strongly agree.
85.
by simonrobb 10y ago
It's a great effort here and I appreciate the post, but I think the title is a little misleading. There's a whole lot more to a company, let alone a $500MM company, than its tech/product. It's like saying you reverse eng
86.
by simonrobb 10y ago
Interesting to get that perspective. I'm based in Australia, which has a similar farming landscape to the US/Canada; I'll admit my view is probably a bit skewed. Is rice agreeable to vertical farming? i.e.: could the bulk of
87.
by simonrobb 10y ago
That's a good point - the choice of crop will have a large bearing. I don't know if low margin crops like grains could provide an adequate ROI given electricity costs etc, let alone the outlay required to build structures over hug
88.
by simonrobb 10y ago
Why vertical farming specifically? No doubt vertical farming will form part of the solution to feeding urban populations in the coming decades, but the area covered by open-air "horizontal" farming is immense . We just can't
89.
by simonrobb 10y ago
If the solar plan falls apart, electric cars would prop up the coal industry better than gasoline cars. The electric cars you charge from your wall outlet will be powered by coal, no?
90.
by simonrobb 10y ago
Tipping is a thing in Australia, but it's not the pseudo-compulsary thing it is in the US. We do pay significantly higher hospitality wages here; nobody is going to starve if you don't tip, and nobody is going to hold it against

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