smallgovt

12 ms·

61.
by smallgovt 7y ago
The most useful takeaway for me was: “In 2008, the average Series A company raised $4M on a $28.5M post. In 2009, it was considerably less with an average of $3.5M on a $14M post — half the valuation of the year before. And there were 30% f
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by smallgovt 7y ago
I acknowledged that in my previous comment. All the fake reviews were written by friends of the fired sales rep. Basically, Louis got the rep fired, and the rep went haywire. This doesn't suggest Yelp has extortive sales practices.
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by smallgovt 7y ago
To summarize: - A Yelp account exec inappropriately shared another business's profile stats with Louis. - Louis reported this privacy violation to Yelp, and Yelp decided to fire the account exec. - The fired account exec blamed Louis f
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by smallgovt 7y ago
> There are numerous accounts of businesses receiving calls from Yelp salespeople essentially telling them to buy an ad package or the negative reviews get prioritized. Sure, there are numerous accounts (read:hearsay) but there's ze
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by smallgovt 7y ago
To summarize: Yelp account exec shared another business owner's stats with Louis. Louis reported this privacy violation to Yelp and the account exec got fired. The fired account exec took it personally and got her friends to write ne
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by smallgovt 7y ago
Not sure why you're downvoted. The general public (including OP) still believes that Yelp manages reviews differently for businesses that purchase advertising. There is zero physical evidence that Yelp does or ever did this. The only
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by smallgovt 7y ago
Best of luck. I've been through something similar and know how stressful it can be. When closing my last startup, we purchased a D&O tail policy to cover cases like this. It's a good way to buy a little peace of mind.
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by smallgovt 7y ago
> The entire viability of these businesses exists within the margin created by stripping away any vestige of traditional employment stability That's a stretch. Even if Uber/Lyft were forced to employ their drivers, they would
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by smallgovt 7y ago
Investor must be claiming fraud or gross negligence.
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by smallgovt 7y ago
For those who are willing to go through this thought exercise, if we're purely trying to maximize humankind's total well-being, how much wealth would we have to create to counteract one coronavirus victim's loss of life? Here
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by smallgovt 7y ago
That's good to hear (that 100% testing will take place). Where can we follow up on the testing results and subsequent fatality statistics?
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by smallgovt 7y ago
>> Fatality rate goes up drastically if the medical system fails Based on my research, it actually seems like fatality rate will NOT skyrocket if our medical system is overwhelmed like in Italy. Here is an actual study that looks at f
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Study suggests Italy's COVID-19 fatality rate is only nominally worse than China(jamanetwork.com)
1 points by smallgovt 7y ago|0 comments
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US congressional leaders agree on $2tn stimulus deal(ft.com)
1 points by smallgovt 7y ago|0 comments
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by smallgovt 7y ago
I only speak for myself and would feel uncomfortable enforcing my values on others. That's why my comment posed this more as an open question and discussion.
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by smallgovt 7y ago
If you're asking for my personal evaluation, yes, I believe that at a certain point, it's clearly worth trading quality of life for quantity of life. This applies to my own life. For example, I would rather take a 50% chance at
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by smallgovt 7y ago
I think he wants to ensure he can take responsibility for the market rebound. If and when it happens, people will more likely attribute the rebound to him if he takes decisive action. And, if the market doesn't fully rebound, he want
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by smallgovt 7y ago
That's not my intention at all. I'm simply pointing out that both quality of life and quantity of life are valuable to most people.
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by smallgovt 7y ago
“If you ask the American people to choose between public health and the economy, then it’s no contest. No American is going to say accelerate the economy at the cost of human life” - Cuomo Unfortunately, this just isn't true. Is life
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by smallgovt 7y ago
This isn't just about listening to the experts. Ultimately, we need to make a value judgment between saving lives now vs saving the economy. There's no clear answer when a stronger economy saves future lives.
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by smallgovt 7y ago
I think it's simply a result of outrage culture.
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by smallgovt 7y ago
Latest details: https://www.youtube.com/watch?v=j-AOqaYSBRA $3000 for family of 4; no mention of income brackets restricting payments.
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by smallgovt 7y ago
The article is basically saying "we're going to be fine if we continue implementing extreme social distancing measures". In other words, if we stop panicking, and big hotspots don't implement extreme social distancing me
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by smallgovt 7y ago
The last article I read was this FT article published two days ago: https://www.ft.com/content/1f8e5a3a-6a58-11ea-800d-da70cff6e... The article says the Republicans are proposing $1,200 per individual who earns below a
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by smallgovt 7y ago
The US is currently passing its own stimulus plan that will ship at least $500B to the bottom half of earners. It seems like the ETA for passing the bill is mid-week.
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by smallgovt 7y ago
Question for OP: does this data change your mind? If not, what would?
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by smallgovt 7y ago
1) Pretty sure you're misinformed on this point. The hedge fund sector that has gotten attention and partial blame for this meltdown is the risk-parity segment of hedge funds. These funds target a specific range of volatility, so whe
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by smallgovt 7y ago
This is good news for independent contractors who are struggling to make ends meet.
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by smallgovt 7y ago
Yes, I'm saying at some point we should make the choice between a lot of people dying now and even more people dying later.
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by smallgovt 7y ago
> I just think that health comes before economy. I don't think we can make such a blanket assertion. The US markets have lost 10T in value over the past month. If the virus infects 70% of the US population with a 2% mortality rate,

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