soniman

14 ms·

91.
by soniman 6y ago
I've heard the "sell shovels" advice a million times but I've never heard of anyone getting rich selling shovels.
92.
by soniman 6y ago
Have you tried Hoovers?
93.
by soniman 6y ago
Nobody knows how Rentech makes money. The most likely explanation for the success of Medallion is that Rentech assigns ex post the best strategies to Medallion, which is run for the benefit of insiders. For instance the fund Bluecrest was c
94.
by soniman 6y ago
There's interesting info in here but it's buried pretty deep. Not clear on what this adversarial attack would be exactly.
95.
by soniman 6y ago
You think they're going to pay off $168,000,000,000 of debt at the current rates? Maybe. If not, watch out.
96.
by soniman 6y ago
ATT has more debt than the Phillipines, it's no surprise that they're trying to cut costs.
97.
by soniman 6y ago
The point is that the if you do x for the sake of y, then you really don't care about x, and x will suffer as a result.
98.
Could I have made it into YC?(arnoldkling.com)
1 points by soniman 6y ago|0 comments
99.
by soniman 6y ago
Thanks but I still don't get it. "Bosses are jerks, middle managers are clueless sycophants, and workers are chumps." That does sound like a TV sitcom view of the world.
100.
by soniman 6y ago
I've tried to read this about 3 times and can't understand it. Could you ELI5 it?
101.
Wish IPO Looking to Raise $25 to $30B(businessinsider.com)
1 points by soniman 6y ago|0 comments
102.
by soniman 6y ago
Shopify is a service provider, it's not a platform because it doesn't control the relationship with the consumer. Wish is an aggregator on both sides and that's why it's a platform.
103.
by soniman 6y ago
Did you miss the part where it said that it's been net profitable? "net cumulative cash flow from operations of $16 million from January 1, 2017 to September 30, 2020"
104.
by soniman 6y ago
Wish was valued at $11 billion in the last VC round in 2019. Since then Shopify is up 200% so if Wish is being valued off Shopify then $37.5 billion isn't far off. Shop's price to sales is 50x so 15x isn't outrageous for Wish
105.
by soniman 6y ago
Assuming run rate revenues of around $2.5B, I assume this will be valued around 15x revenues, so $37.5 billion. Just a wild guess.
106.
by soniman 6y ago
"Our growth has been highly capital efficient. We have been able to achieve this massive growth and scale by having net cumulative cash flow from operations of $16 million from January 1, 2017 to September 30, 2020, aided by our positi
107.
by soniman 6y ago
According to Wikipedia the most famous book on the depression, Friedman and Schwartz's A Monetary History of the United States, 1867–1960 offers a single cause for the great depression, falling money supply. That might be right or wro
108.
by soniman 6y ago
The Morgen Housel posts always get on the front page of HN and they are always full of pablum. You can take anything he says and turn it around, say the exact opposite, and it would also make you nod your head. For instance "Important
109.
by soniman 6y ago
That's what money is for. You want to do something useful? Somebody will pay you. It's like he's saying "We need a system that allocates prestige to people who do useful things" and we literally have that, it's
110.
by soniman 6y ago
Thanks. I've wondered whether the Linkedin "people also viewed" could be used to predict M&A transactions.
111.
by soniman 6y ago
Can somebody give an idea of what are the most common alternative data sets that are the most widely used?
112.
by soniman 6y ago
This is an amusing story about when David Bowie would hang out on message boards. http://dokearney.blogspot.com/2016/01/a-beautiful-exit.html
113.
by soniman 6y ago
My supervisor said he's never seen such a straight line but yeah, it is back breaking work.
114.
by soniman 6y ago
I volunteered for Habitat for Humanity and learned how to tile a floor. I imagine if you do it consistently you can learn a lot of things.
115.
by soniman 6y ago
This is going to get downvoted but note taking is yak shaving. Don't waste any time thinking about optimal note taking.
116.
by soniman 6y ago
https://en.wikipedia.org/wiki/Demographic_momentum
117.
by soniman 6y ago
As a tree-lover this is a heartwarming story but it has to be put in context: the population of Niger will double by 2050. The country will be growing by almost a million people per year. How will it support all those people who will be liv
118.
by soniman 6y ago
You have to wonder what the firing of Eich was really about. Hard to believe Eich would've done the same thing.
119.
by soniman 6y ago
Microsoft might want to get rid of the advertizing businesses (like Bing) and merging Bing with Tiktok would create a mini Google-Youtube spinoff that would be very hot.
120.
by soniman 6y ago
As soon as I read that first sentence I said "Has to be Scott Locklin"

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