tempsy

56 ms·

691.
by tempsy 6y ago
Maybe it’s just how I’m targeted but I rarely see “big” companies in my ad feed on Instagram. I would say it’s 95% Shopify stores from small brands.
692.
by tempsy 6y ago
of course but the internet and social media have made it easier to reach more people hence “scamming people at scale” perhaps it’s just a function of the reach of the internet, but would argue that platforms and influencers get better at “i
693.
by tempsy 6y ago
I feel like people are more susceptible to scams today than in past times? Maybe something to do with more effective dark patterns and more influential “influencers” who are able to convince more people at scale to participate in something
694.
by tempsy 6y ago
Seems like a bit of a leap to accuse these platforms of not bidding because they didn’t want to deal with the political fallout or hurt their business instead of other reasons without any concrete proof of why they decided against bidding f
695.
Nuro gets first California OK to charge money for self-driving services(reuters.com)
5 points by tempsy 6y ago|0 comments
696.
US deaths in 2020 top 3M, by far most ever counted(apnews.com)
96 points by tempsy 6y ago|116 comments
697.
by tempsy 6y ago
lockups aren’t specific to IPOs. Palantir shareholders are also subject to a lockup. They were only able to sell some fraction of their shares on Day 1.
698.
by tempsy 6y ago
palantir didn’t raise new money. what they did was a secondary direct listing where existing shareholders just put their shares up for sale to create a public market for shares. a primary direct listing was not allowed before this ruling. t
699.
by tempsy 6y ago
a primary direct listing doesn’t change that calculus if that’s what you’re optimizing for.
700.
by tempsy 6y ago
I don’t see why delaying an IPO until you “capture more value privately” somehow minimizes the pop. Obviously that didn’t happen with Airbnb or DoorDash which were both pretty late stage at this point. Don’t think it has anything to do with
701.
by tempsy 6y ago
I don’t think this changes whether a company decides to go public or not. This mostly helps “hot” private companies, mostly in tech, go public in a way that gives shareholders a chance to sell more shares on Day 1 and prevent bankers and in
702.
SEC charges Ripple and two executives(sec.gov)
356 points by tempsy 6y ago|272 comments
703.
The Journalist and the Pharma Bro(elle.com)
62 points by tempsy 6y ago|55 comments
704.
by tempsy 6y ago
I guess I “won” the lottery working for one of the companies going public but all of these names have been highly visibly for nearly the whole past decade and an option anyone could have considered over a big corporate job.
705.
by tempsy 6y ago
I have a very different experience. And so do many of my friends. Again there’s always winners and losers. I didn’t say everyone is a winner. But the odds are no where near “random lottery odds” especially if you aren’t just randomly pickin
706.
by tempsy 6y ago
you assume no one is putting part of their base salary and cash bonus in the stock like any other person would. of course they are. just because the equity portion of your comp is illiquid vs someone else doesn’t mean you don’t have the mea
707.
by tempsy 6y ago
Well funded private startups have competed with the FAANG on compensation for years. They in fact overcompensate to make up for lack of liquidity and inherent risk you take. Those employees who took the Airbnb offer are doing way better tha
708.
by tempsy 6y ago
When the Fed stops printing money and raises rates which they literally cannot do for years.
709.
by tempsy 6y ago
Tell that to Airbnb and DoorDash employees. And the thousand of employees who are working at companies going public in the next year.
710.
by tempsy 6y ago
I didn’t say everyone is going get rich joining a startup. But there’s a dozen startups from Airbnb to DoorDash to Roblox to Affirm to Coinbase to Robinhood that IPO’d this year or will next where early employees who had strike prices in th
711.
by tempsy 6y ago
Then 2020 happened and startups are going public at a rate not seen since the dot com days. Whenever an article like this is posted HN seems to immediately raise this issue about how startup equity is just a lottery ticket when the probabil
712.
by tempsy 6y ago
Yes then 2020 happened. Startup employees are finally getting liquid across many startups and will come out wildly ahead of most big tech cos.
713.
by tempsy 6y ago
it depends on the situation. that’s why you early exercise when possible. if you’re going to wait to exercise after vesting and the out of pocket costs are too high to exercise then it doesn’t make as much sense. but with RSUs it’s just lik
714.
by tempsy 6y ago
Because the tax treatment for options is far superior, especially if you’re relatively early. You’re paying 40%+ in taxes for RSUs as soon as you vest. If you’re able to early exercise stock at a startup you owe minimal taxes when you join
715.
by tempsy 6y ago
RSUs are taxed like income though, so from a tax perspective it’s pretty awful. Being early at a startup with options that you early exercise has far superior tax benefits.
716.
Poshmark S-1(sec.gov)
1 points by tempsy 6y ago|0 comments
717.
Covid is spreading unabated in California despite strict stay-at-home orders(nytimes.com)
3 points by tempsy 6y ago|0 comments
718.
Coinbase announces confidential submission of draft registration statement(medium.com)
5 points by tempsy 6y ago|0 comments
719.
DoorDash: The most ridiculous IPO of 2020 [pdf](citronresearch.com)
2 points by tempsy 6y ago|1 comments
720.
by tempsy 6y ago
the article simply states they are recommendations not requirements.

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